Quote from: Saisher on Today at 02:15:43 AM

Quote from: Streetknow on September 27, 2022, 12:22:11 AM

Hello,

Is it possible and legal to open an online casino without a license?
I have heard that a license only allows to put users in confidence
What do you think about this?

Yes, you can open one without the need of a license but where will this get you, user's confidence in the casino is very important, no players will trust to play in your casino if they don't see, some of the things that will make them trust your casino, and one of them is a license, you will be on the tail of the competition if you don't have it, you will ask your client to put money in your project, it is just right to show them that you are transparent and you are compliant and you are operating in legal ways.

There are always advantages and disadvantages to a license, a license can increase trust in your casino but regarding reputation it really depends on how the team from the casino runs its business, for example, withdrawals if it takes too long to process will reduce its reputation and the disadvantages from license is makes the casino have to comply with the licensing rules. like KYC obligations where many players don't like it even though in the future this will be hard to avoid