Quote from: dimonstration on April 06, 2024, 12:22:57 PM

Quote from: Oilacris on April 06, 2024, 12:18:06 PM

There are still some sites that already licensed but ended up on scamming out their users. There are cheap licenses out there. I dont know if there are already some scam sites that
been caught and prisoned out their owners specially to those licensed ones. We do know that this market is really that decentralized whenever a platform or company would really be deciding
to become scam. For those who are that totally no license then they are really that truly anonymous and there's no chance that you would really be taking up those funds back,
not unless if they would be deciding on giving it back which it is really that an unlikely thing to happen. We do know that tons of scams that exist into this market and
this is why we should really be that observant and we should really be that careful on choosing on which platforms that we do tend to engage or play on.

Afaik license is not cheap including the initial cost of having a fully operational casino software. Some casino turn into scam only here in the forum but they are still operational and promoting somewhere outside the forum scope.

Clear example here is 1xbit, coins.game and many more which the casino is still operational after being branded as scam since they need to use their license and casino to recover their initial cost on acquiring it. Unless if at least a 100K is cheap then you’re right. I’m pertaining to casino with sportsbook, slot games and live casino here.

But initially everyone will use their respective licenses to gain confidence that they have been officially registered and are not gambling sites that operate illegally, it just that all of this is not cheap and costs lot.
From here, when they fail to develop well and cannot keep up with the increasingly fierce competition in the gambling business, some of these sites enter condition where there is crisis in income and the potential for bankruptcy.
Only way they take is to commit various frauds on all customers and manipulate every game that is provided, this is clearly something that is very detrimental to gamblers.
For here in the forum, I think the scam gambling sites have really been suppressed and cannot carry out any promotions anymore, considering that we haven't found them for quite a long time.

Whatever the gambling sites that are currently scams, they all initially had license that they used and it is clear that license will not guarantee anything.
I would always advise any gambler to be more careful and prioritize gambling sites that are clearly well developed and have reputation and more significant progress.