Post
Topic
Board Gambling
Re: Regulations & Gambling projects
by
BitDane
on 13/10/2022, 23:14:16 UTC
When regulation takes a hit on crypto prob in few years from now what will happen to gambling projects like Roobet and others? I've discovered one gambling project claiming to be regulated but there is nothing to prove that, anyway, can regulation affects gambling projects in future that's all I seek.
I personally do not see crypto regulation affecting gambling sites or online casinos in any way, I compare crypto casinos to crypto exchanges, if regulations will not make crypto exchanges to go out of business, then why would it be different for gambling sites?
I am talking about the reputable ones and not those waiting to scam their users...
All that there is to this is to make sure to choose a reputable online casino(s) and never bother or disturb yourself of what might happen to your funds when regulation hits the crypto industry.

I highly agree with you.  We must look the online casinos that way.  Since they need licenses to operate, it is normal to see them got regulated.  The thing is, people with ill intention of hiding their money and get away from their financial obligation to government use crypto platform to launder money.  They use the guise of decentralization and influence others to make believe that it is the right of a citizen to evade taxes  Grin.

True, if we are worried about our information getting leaked, we must choose reputable casinos and comply to whatever requirements they need in order for us to use their services.