Post
Topic
Board Gambling discussion
Re: Running an online Bitcoin gambling website
by
TitanGEL
on 09/02/2020, 00:18:31 UTC
Don't be complacent. Don't run an online casino without permits, even you are running on cryptocurrencies. Seek advice from local personalities available that are knowledgeable of the risks and pre-requisites of running one in your local state. Also, don't rush things, and make testings to make sure your casino won't be abused and bankrupted by some strategies.
You hit the point.
Most upcoming casino are always good in rushing things. Some don't even wait to test things within their website before giving it out to users. At the end, the site becomes easy to hackers. OP, try not to use already made script but one that has is built from a scratch.
And most of all, ensure that your business has its appropriate permits. That way, we can ensure that you are5 breaking any local or international laws if worse comes to worse. Get a lawyer, ask them if you can put up a website like that for gamblers. Surely the money you'd spend on a trustworthy lawyer puts up with the legalities that you'd be getting at least. If there are no benefits whatsoever. What I'm saying is, it's better to pay for taxes to be operating fine and dandy instead of getting your business shut down over an overlooked law. That's gonna save you all the time and the trouble in the long run.

That's all the tips I can share for now. Hope you got something from it.
Paying up taxes should really be your main priority even though gambling business doesnt still need any permits or laws that needs to be complied.
When the time comes that they would sue you out specially if your business runs for years, you do still have the things for you to show and as said
this will really avoid things or problems in future year to come yet we know that laws will be altered nor be changed in matter of time.For now
the best thing can be done is to ask for professional advice rather than seeking for some answers to this forum.Advices were good though as i have
back read.
The government may sue you in the future if you do not have licensed to operate in a specific country. Knowing the requirements are important because for you to have protection, you also required to pay taxes because of the law. Anyway, online gambling site is a good business but the capital required is too high and you need good management skill for you to able to grow thr gambling site that you will made. Learn more from the persons who have specialize skills about laws in order for you to have an idea about the requirements in order to start onlinr gambling site.