Quote from: Latviand on February 07, 2020, 02:05:52 PM

Quote from: Shimmiry on January 26, 2020, 08:22:11 PM

Quote from: yushey on January 26, 2020, 04:46:06 AM

I am looking to open a new bitcoin casino.

I want to start off by opening an online bitcoin casino WITHOUT a license. I want to know what countries allow for this LEGALLY.

I plan to get a license in the future if my website gets some decent traffic.

It would seem to be nonsense if you were to make an unlicensed online gambling website. Websites do requires local government licenses if and only if you are making money out of it, like Facebook for example that at first and its beta testing doesn't require that much of jurisdictional paper works yet yesrs after it makes money it later then required to pay taxes in its local government. And unlicensed gambling platform isn't to be trusted at all. Even users would doubt using an unlicensed platforn and risk their money.

A gambling site would work still without a license but it won't be good for long term since it is one of the must have things when starting any kind of business especially if it is an online platform, wherein the license would be the basis of your target 'customers' or players perhaps in this case, to invest or to play in your platform, unless you are famous enough that many people recognize you as someone trustworthy.

Quote from: cabalism13 on February 06, 2020, 04:16:12 PM

A casino without a license is seriously untrustworthy, also as a gambler there are too many risks on playing on some Casinos like that. Even though they said to be just starting but afaik Casinos are required to have a business license before they can fully operate (Online Casinos are the same afaik-Correct me if I'm wrong...)

It is actually correct but as what was stated, he does not want to use all of his money in license, so maybe, his priority is the gambling site itself, and license would follow. Although the process is a bit risky, but it would somehow work. Some gambling sites that are already having quite popularity still has no license but still, they managed to make it on its way.

He might be just wasting his time and miney if he will continue doing that, as of now havjng a license will also benefit the company as for the users use this as a tool and requirement if a certain site can be trusted.
Still if he will do that on a later time then why not now, yes?
Does it have any differences if they do it on a later time? I think not.