Quote from: ethereumhunter on Today at 12:01:29 PM

Quote from: velzevul11 on Today at 09:16:58 AM

Quote from: Desmong on October 17, 2022, 11:37:16 PM

Quote from: Z390 on October 09, 2022, 03:13:02 PM

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 don't think anything will happen to all these gambling platforms because of regulations. Many of these gambling platforms will stick to the regulations to stay more active so that they can keep operating and making more money at the same time paying there tasks.
Regulation does not stop bug casinos from operating rather everyone will stick to the law and abide by the rules.

It is not exactly so and will vary from country to country. Typical scenarios: either retrospective tax for operating without a license or inability to get the license. Of course some countries are more relaxed, but any country with top tier regulation will ban due to previous history or demand retrospective tax, which might be rather expensive

What is certain is that there is a possibility that all casinos are required to follow government regulations. If the casinos don't want to, the government can close their casinos easily. While the regulations may seem less stringent, the government could tighten them immediately if it sees an increase in revenue for casinos so they can get more tax revenue. Indeed regulations will not stop casinos from operating but on the contrary, casinos will tighten their rules for players, even though they say the goal is to protect players.

agree with some points and disagree with others

sooner or later all major countries will demand compliance, that is for sure. What does it mean? mostly that casinos will be required (that is actually happening already now) to obtain a license which means going through a licensing process and depending on the review casino will be either granted or rejected the license. Casinos also can choose not to obtain a license, but that will probably lead to domain being blocked. Speaking of tightening rules for player, it depends.... some countries obviously obviously issue questionable legal frameworks, but others are pretty high quality