Post
Topic
Board Gambling
Re: Why they need a license if bitcon is not money?
by
rodskee
on 01/04/2024, 12:03:35 UTC
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?
Freebitco.in may not be as big as Stake but they are big enough to really ask for KYC but
they choose not to meaning that they are a bit better than those who continues to ask for KYC.


Quote
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.
Casino is the money making machine of government meaning they will keep asking
for portion of profit from casino owners in which the owners will take those funds from players.