Post
Topic
Board Gambling
Re: Why they need a license if bitcon is not money?
by
Learn Bitcoin
on 05/10/2024, 08:00:47 UTC
That's because you don't know how casinos work in Europe or how crypto casinos will have to work in the not-too-distant future if they want to operate there.
Europe does not operate the world, and I don't care how casinos operate there. There are 195 countries in the world, and Europe has 25% of them. Not more than a half. So, how casinos operate in Europe is irrelevant when discussing online casinos. I can run an online casino today sitting on my couch, and European people will be able to play in my casino without having any issues. I don't give it a shit to the government if they ban my casino or whatever action they try to take. All they can do is ban my domain name so their people cannot access it. They should know that the internet is limitless and nobody can stop people from accessing a website.

Quote
I don't know about Russia, but a casino with a Curaçao licence cannot operate in Spain or in most (if not all) EU countries. In order to operate there, or offer its services to citizens there (even if it operates from somewhere else), it needs to acquire a specific Spanish licence, which is much more expensive and involves more paperwork than a Curaçao licence, plus if it gets the licence its operations will be supervised by the Dirección General de Ordenación del Juego from the very beginning.
and what do they actually do when it's an online unregulated casino? What did you mean by saying you cannot operate in Spain? I don't have to open an office in Spain to offer my service there. Anyone can access it. Nobody knows who the owner is. There are thousands of casinos online where European people are playing.  Wink