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.
I believe it's also important to take into account the influence of blockchain technology on the casino business because blockchain could make it simpler for players to monitor and confirm the fairness of games, potentially making regulation more unnecessary, and I think what you're saying about casinos like FreeBitco.in and Just-Dice.com operating without a license is valid. They've been around for a long and have earned a reputation for being reliable and fair. So, I believe a balance must be achieved between regulating the business and allowing for creative thinking and rivalry. So, I believe it's crucial to remember that gaming is heavily controlled for a reason.
I hope they keep to it, most online casinos also wanted to be like freebitco but along the line they join other popular online casinos that ask for KYC, I have been using freebitco since many years ago and they have never asked me for KYC before, I am impressed, but what if freebitco become as big as Stake some day? Won't that bring attention?
Online casinos can survive and still become successful under the radar without being noticed, but when the attention gets bigger they might come looking for them, and they can be forced to go same route like big online casinos have done too.