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Quote from: seoincorporation on January 19, 2024, 02:01:29 AM

It's fun guys, govs hardly avoid accepting Bitcoin is money, but when it comes to gambling then users are risking money, so, casinos need a license.

Let's be honest, If you can deposit, wager, and withdraw. I don't see where the license is in the process...

Just want to say Fuck Curaçao, the island in the middle of nowhere who decide to take the crypto gambling industry in their hands and make billions of dollars with it. Who the fuck they are to wash money this way?

Crypto gambling needs freedom, and i insist in this point. If you can Deposit, Wager and Widrawal, then you don't need anything else. And a big shout out to those casinos who still working until now without a license, freebitco.in, Just-Dice.com, bustabit.com... They are big examples of how crypto gambling should be.

To my mind, freebitco.in and bustabit.com can still work without a license because they don't have games that require the permission and support of the third party, b2b casino suppliers like Live Blackjack and slots. Curacao license doesn't make any sense for me too, I don't feel protected when I gamble on a casino that has Curacao license, I think they acquire it because they need to offer you many casino product. For example, when casinos offer you games like Live Blackjack, they need a casino license to legally offer you Evolution Gaming's products. Slots also require that from my experience. Crypto casinos are forced to get a license to offer you those products.

I think that is not the basic principle about licensing. For me, if a gambling site operates and accept money, that means they need a license in order for them to be regulated. The government can't tax a gambling site if they aren't regulated because they'll be unknown to them, so it doesn't make sense that there's no exemption on a gambling site and will be given a freedom to operate without a license.

The government needs to take their part in every profiteering in the world so it is correct that they need to be recognized and this to happen needs regulations and their accreditation and in this Licensing will enter.
Taxation is a must for everything that involves money this is also the reason why some casino operates as decentralized for not allow the government take anything from them.

Profit isn't really the main purpose, it's to serve the interest of the people and that already includes making money from the gambling sites to increase the government's collection through taxes. When a gambling site isn't regulated, it will be easy for them to scam people, they will not be punished and more and more gambling sites will operate doing the same pattern of scam. The government don't want them, it's either you operate and pay taxes, or you will be considered illegal and you can be seize anytime.

Does anybody here expereince getting scam from a non license gambling site? If so, were you able to recovere your money? what measures do you do to be able to recover it?