Post
Topic
Board Gambling
Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site
by
dimonstration
on 11/09/2022, 15:13:42 UTC

I think Cloudbet are licensed anyway, you can see it at the bottom of their homepage. I think they're licensed in Curacao? This probably means that they need to follow the requirements of the regulator which means including KYC in their process.

I would always choose a casino that performs KYC anyway, it means they don't cheat their players 

I don't know too much about curacao licensing, but i do know that a lot of popular casinos are licensed there.

One of the many things I ask myself:

in my country for any casino to have a license it needs to be located in my country, of course all people from my country can play at any casino in the world, but my point is this: how is a license issued in curacao for an anonymous casino that is located somewhere hidden can be in any way useful? I see a lot of people worrying about leave, but to this day I don't understand what the point of leave is? what use is the license?

in my case when a casino sponsors football or something in the real world, this casino is already reliable because the casino owner is no longer anonymous because as he sponsored things X, Y, Z in the real world he had to reveal his identity, he had to make a commitment, so he won't risk stealing people's money and running away. Of course, there are other points such as reputation gained over the years, but this licensing issue, I honestly don't see how this will help a casino to become reliable

Curacao gambling license is oldest license provider globally for iGaming business. There license was acknowledged by most of the country that doesn’t have strict gambling restriction that’s why only list all the countries that accepts there license and leave certain country such as US and UK on the list they are not allowed to imposed there gambling license since these countries has there gambling license sector.

Curacao license satisfy most of the criteria of countries that don’t have there own iGaming license provider that’s why it was the most common license for crypto casino because you can operate on multiple countries with just this license.

Complete review of Curacao License: https://nuxgame.com/blog/legal-hub/curacao-gaming-license-complete-review