Do you know if Bitvest.io has a gambling license? I remember reading TheQuin saying that 777coin does not have a license.
They don't have a license. For this kind of entertainment platforms, it is almost impossible to get a license. And let's be honest, often the license does not protect from anything.
Gambling license is important because the licensing authority keep a check on the gambling site and ensures that it is properly audited. Also having a gambling license is proof that the site is fair and it is according to the laws or standards. Strange to know that bitvest being one of the oldest and trusted site is not licensed.