Quote from: Don Pedro Dinero on June 07, 2025, 04:47:41 PM

Quote from: LTU_btc on June 07, 2025, 03:35:16 PM

I doubt that's beginning of the end for them in EU. Each country has their own regulations, some is more strict, some is less. If Freebitco.in want to continue operating in countries like Germany, they will have get local license and maybe even make things like KYC.

Oh yeah, they just need to pay €185,000 for the initial licensing fee, just for Germany. For Greece is €2M–€3M, for Italy up to €7M. Apart from operating fees later on. Cryptocurrency casinos have been operating as we know them because they have been going unnoticed. If they have to make things legal in Europe, most of them won't be able to, and the few that can will have to massively raise the house edge just to be able to pay the fees.

also worth mentioning that freebitco.in (their parent operator FBC B.V.) has already been warned by the Dutch regulator for offering illegal games of chance. According to a December 2024 ruling, FBC B.V. was ordered to comply with Dutch laws or block access to their citizens, or they will face a penalty of €280,000 per week, up to a maximum of €840,000.
https://kansspelautoriteit.nl/nieuws/2024/december-0/fbc-krijgt-last-dwangsom-illegaal-aanbod/