Quote from: Russlenat on February 22, 2024, 07:06:49 PM

Quote from: Fivestar4everMVP on February 22, 2024, 07:00:28 PM

Quote from: SimpleMachin34 on February 22, 2024, 11:58:02 AM

1xbit doesnt even has a license... valid or invalid... so everything is said.

License isnt even what tells if a casino is a scam or not, for at least, a couple of times on this forum, we have seen well reputable casinos with fully registered and operational licenses flopped and ran off with funds belonging to their customers, a good example if betnomi which I believe anyone who is a regular user of the forum should know.

If you ask me, I would say that license is nothing but a decoration on casinos, most especially, online gambling casinos, license does not deter, or stop any online casino from scamming their users if they want to, so, in the nutshell, whether 1xbit owns a license or not, means absolutely nothing, at least players who were scammed on 1xbit also knew the casino doesn't have a license and still they choose to play there, that is to tell us that license means nothing, though I can't end this comment without also pointing out that, the usefulness of a license, depends on the type of license, where it was issued and who issued it, aside this, most online gambling casino licenses are nothing but decoration.

I think that depends on the license provider. Although reputation is very important but gamblers nowadays are aware how important a license is. I like to ask you a question? Do you know a casino that is popular in the forum ^{( so we can check)} that has a good reputation but doesn't owned a license? If you can tell me one, then I might change my perception about license + reputation which IMO are both important.

There is definitely non, like I said before, every casino once live, strive to get a license to somehow, prove to gamblers (potential customers) that they are running a business that is recognized, and that they can be trusted, and gamblers have always believed in such, and this is not the problem at all, but my major concern is that in previous times, not on one occasion, but on several occasions has a casino with a license disappeared together with funds belonging to their customers, and never returned, and never have we ever heard that in such a case, customers complained to the issuer of the license such casino operated with, and those behind the casino were caught and prosecuted.

So, this is why I said that some licences are nothing but decorations on the casino, something they use to make gamblers believe that, they are legitimate, any casino that is not decorated with a license won't be seen as a legitimate casino, and this license issuers does nothing to protect gambling consumers from casino fraud, this is the whole essence of what I am saying.