Post
Topic
Board Gambling
Re: Regulations & Gambling projects
by
stomachgrowls
on 21/10/2022, 23:29:27 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.

But aren't all gambling platforms regulated now in accordance with the laws of the territory where they are registered, so many of them choose licensing as well as registration in the most favorable territories, so if it comes to universal regulation, then it's a matter of the distant future.
It is quite obvious that many of gbe gambling platform we are seeing mostly everywhere are not registered and this had made it looks like many of the gambling sites are not serious but when looking at regulation, many from the government of the country which they are registered, this will have so much effect on the gambling sites that are not registered or that have the attempt to scam there customers because the regulations will make many of these casinos to be well moderated and strict to rules that will prevent them from doing the contrary things.
Actually some of the gamblling platforms operate illegally, that is why i embrace KYC verification because with that you will know you funds is protected in that particular platform, so it's good for someone to look well or research very well before going into investment platform, that's the thing we can do, before go for gambling, do you know that sometimes i do blame those people who complained about gambling platform fails to pay them, because i found out they did not take proper measure by observing the platform
When you are dealing on something which is regulated then you can somewhat make yourself tell that you do know that Incase of issues or hacks which  you could really be that confident that everything would be traced up.

We do have indeed legally or illegally operating gambling site or platforms or any companies but doesn't mean that unlicensed casinos aren't that good since we are seeing some platforms which aren't licensed but they are one of the most known and popular on this market but of course it do depends on someones preference or risk in regarding their decision.