Casino Gateway + Payouts
- Thread starter ourin
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Hey , the last time I got contracted by a crypto casino we built it ourselves . That's also what the bigger casinos do .
Because you can get into the problems with blockchain analysis and limits , because of the payment processor aml/kyc(most of them licensed in estonia ) compliance which are much stricter often then needed by your casino license .
Because you can get into the problems with blockchain analysis and limits , because of the payment processor aml/kyc(most of them licensed in estonia ) compliance which are much stricter often then needed by your casino license .
You want to use your own server as suggested in various other threads around here or you use some of the Russian crypto gateways like cryptocloud etc.
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Why would you use any Russian affiliated crypto gateways . That's the speedrun into loosing your license .
Especially after legalizing the use of crypto for international payments in Russia . Crypto payment gateways will be targets of sanctions .
How are they going to sanction the crypto's received ?
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They will sanction the payment processors, because often they also provide crypto exchange services. Most casinos are licensed in Curaçao, which is a constituent country of the Kingdom of the Netherlands and is bound to follow EU sanctions due to the Kingdom Sanctions Law. If you fail to comply with sanctions, your license will be suspended. And without a license you can throw your casino into the garbage bin .
But if you only use Crypto for payments, why would you need a license?
And if you just host your own crypto payment gateway as suggested in many other threads for instant this one
https://btcpayserver.org/
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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
And if you just host your own crypto payment gateway as suggested in many other threads for instant this one
https://btcpayserver.org/
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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
No emi/bank will onboard you without a license . You will be subject to lawsuits especially if you serve us clients . You will get problems with hosting etc . You won't get access to any decent game providers .And many more reasons ..
You have some valid points there.
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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
It's not that easy - you won't be able to get access to slot providers, you won't be able to accept card payments, a surprising amount of players check and make sure you have a valid license before playing etc etc
You kind of do need a license, even if you are crypto-only
I would recommend a solution like NOWPayments (incorporated in Seychelles)
https://nowpayments.io/
They'll have everything you need for a casino or sweepstakes site.
They actually have a 'casino' page under the solutions tab, you can read it here: Crypto payments for Gambling platforms | NOWPayments
Oh no, the country with the largest gambling market doesn't allow you to operate freely with foreign licenses, nor does it let you do so without taking a cut or imposing taxes.
You can also not operate it in any country which has local license/regulation or has banned gambling . (UK,USA,Germany,Netherlands etc.. )
Last edited: Dec 21, 2024
Do you think that only working with countries/jurisdictions that allow offshore license to operate there would be profitable at all?
Sure, why not. Just stay in an alojamente somewhere in South America for 2 USD per night and your running costs will be low.
You didn't obtain the Curacao license to fully comply with all regulations , it was just there to protect you from legal issues .
It was all just a gray zone and no one recognized it .
Today also no one recognize it it's just there are no gambling regulations in certain countries.
But to answer your question, yes, of course .
It basically is as useless as a tax residency certificate in the majority of the cases. And then, there are some exceptions which only apply in a very limited number of cases.
But you can also make money completely illegally as long as they don't catch you:
https://www.nzz.ch/zuerich/glueckss...ber-steuert-ein-illegales-imperium-ld.1862747
Can I recommend it? No, definitely not.
It still has it purpose like other offshore licenses for banking , access to IGaming games providers access & psp's .
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