Home / Tag Archives: licensed bitcoin casino

Tag Archives: licensed bitcoin casino

Top Licensed Bitcoin Casinos:

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1500

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1000

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Bitstarz Review

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500

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Coinstar Casino Review


1000+

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Betchain Review


1000

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600

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Limoplay Review


187

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Mars Casino Review


800+

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350

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Vegascasino.io Review


900

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mBitcasino Review

In order to legally operate, online casinos need licenses. To obtain one, they have to set up a bank account where payments are sent and received. Though all transactions are done online, they operate in the same way as other regular businesses.

For Bitcoin casino, the process is totally different. Since Bitcoin is used, there is no need to set up a bank account. Third party regulators are also unnecessary. The way Bitcoin works is that only block chain networks are used for fund transfer. It is decentralized. Therefore, licenses are not necessary for Bitcoin casinos or other gambling sites to run.

Role of Licenses

licensed btc casino

With Bitcoin casinos, they are just hosting the games and other products from software providers that are licensed. Therefore, for the Bitcoin casino to run there is no need for it to get licensed. They can still continue operating and provide their customers with high quality and legal service.

Despite the fact that there is no need to be licensed, it is still an advantage to be one. For people to trust the online casino, they need to know if they have the license to run. It would make them feel more confident in giving it a try. The reputation is strengthened and will eventually lead to more players signing up.

The Price of Licensing Bitcoin Casinos

There are financial and legal advantages of being licensed. However, not all Bitcoin casinos are considering it given the amount that they have to pay. Whether they choose to have a full license or a sub-license, the amount is quite high.

For full licensing, a setup fee of $34,000 is required. This is not yet inclusive of the $5,600 monthly fee required for the next two years.

Other Licensed Bitcoin Casinos:

Name Games Provably Fair? Deposit Bonus Currencies international Visit


70

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AdmiralSpot Casino Review


750

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Zig Zag 777 Review


800

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Argo Casino Review


130+

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Slots of Vegas Review


480

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Dasist Casino Review


330+

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Golden Star Casino Review


500+

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Loki Casino Review


7


Bitcoin.com Casino


636

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CasinoExtra Review


4


BitDice Review


225

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Bodog Review


70

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BetPhoenix Review


404

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BetDNA Review


157

150%


Slotastic Review


164


Bet in BTC Review


45

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BetBaller Review


543

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Staybet Review


665

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Sportbet247 Review


65

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Betmania Review


2


BetBTC Review


152

150%


Kudos Casino Review


215

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Futuriti Casino Review


879

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Wintika Review


91

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Twist Casino Review


138

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Rivalo Review


525

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Megawins Review


600

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Play.casino Review


155

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Sloto Cash Casino Review


8


Bitcoinrush.io Review

 


276

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Slots.lv Review


200

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Ignition Casino Review


3

15%


BetCRIS Review


200

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888 Casino Review


26

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Club 178 Review


662

125%


PlayAmo Review


500

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OmniSlots Review


1

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Blackchip Poker Review


600+

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Propawin Review


200

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Drake Casino Review


200

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300

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82

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Raging Bull Casino Review


649

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Llama Gaming Review


120

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463

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Play Fortuna Review


626

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127

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Bogart Casino Review


500+

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SportsBetting.ag Review


154

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171

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Casino Extreme Review


70

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Coin Palace Review


500+

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Sportbet Review


800~

50%


5Dimes Review


492

200%


Panther Casino Review


16


Bit777 Review

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1


Rolling.io Review

bitbet logo

50


BitBet Review

betonline.ag logo

84

25%


Betonline.ag Review

Redstar poker logo

550

200%


Red Star Poker Review

160

100%


GTbets.eu Review


200

100%


Princess Star Casino Review


200
 

110%


NASCasino Review

15

EUR


Vitabet Review


590

100%

RU


Riobet Review

Trusting Bitcoin casinos

For now, Bitcoin casinos have the prerogative to be a licensed bitcoin casino or not. However, in the future, they might not be able to run the site if they are unlicensed. This is now starting to happen in some countries. Though casinos can opt to be licensed or not, gamers would automatically choose licensed casinos. They would feel more secure when they partner with a licensed Bitcoin casino business. They know that they won’t be scammed. Even if something wrong happens along the way, they know that they can run after the company. If there are violations, they can hold the company accountable. Therefore, if you are thinking about trying online Bitcoin casinos, you need to check first if they have a license to operate.

Tangiers Casino Review

Tangiers Casino is an instant play and mobile-friendly online casino that offers a massive selection of games. It features an extensive collection of video and classic slots, table games, video poker, bingo, as well as live casino games. It is a licensed online casino with games from multiple online gaming …

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Casino X Review

Casino X claims to offer the most popular online casino games. It has been in existence since 2005 and touts its “fabolous jackpots” and a “huge library of free casino games.” It is an enticing online casino to try by its aesthetics alone. It looks high-end and well-polished. This licensed …

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Slots Village BTC Casino Review

Slots Village Logo

A distinctive online casino, Slots Village distinguishes itself with its prominently blue and yellow color scheme and minimalistic design. It is one of the longest-running online casinos having been in the business of web-based gambling since 1999. At present, it claims to have more than a million players from different …

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Casino La Fiesta Review

la fiesta casino

Casino La Fiesta is a Slovakia-based and Curacao-licensed online casino created with a “player-focused perspective.” The casino is said to be ceaselessly seeking out the best games in the online gaming industry to provide players an extraordinary experience. It is an instant play casino, so there’s no need to download …

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Lord of the Spins Review

Lord of the Spins

Lord of the Spins is a licensed online casino with the goal of offering “an entertainment session of epic proportions.” It aims to satisfy online gaming enthusiasts with “the highest standards of service.” The casino promises fair gaming and transparency. It takes pride in being backed by a team of …

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CasinoMax Review

casino max

CasinoMax is an online casino that focuses on providing players “the VIP experience.” Its operators claim to be “iGaming experts” who want to emphasize that the casino’s customer support team are real people, not machines. With this, CasinoMax promises to provide the expertise and knowledge that will make players’ time …

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RED Pingwin Casino Review

RED Pingwin

RED Pingwin Casino is a licensed online casino with a strict anti-fraud policy. It is created to be a secure place for online gambling although, interestingly, it does not have a session timeout. It does not automatically log out an account even after several hours of being idle, even after …

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Champagne Spins Casino Review

Champagne Spins

Marketed as a VIP gambling site, Champagne Spins seeks to offer players a “completely superior online gaming experience delivered in high quality, responsibly, and enjoyably.” It is a licensed online casino that offers a massive collection of games. Whether or not it lives up to its marketing spin of providing …

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CasinoToken.com Review

CasinoToken

A licensed online casino, CasinoToken.com claims to offer the best of the best in gaming. It features games multiple online gaming software providers. It has recently been updated to offer more gambling options along with an improved website design. CasinoToken.com features games from a number of online gaming software providers. …

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ClubVegas999 Review

ClubVegas999

Claiming to take online gaming to the next level, ClubVegas999 is one of the online casinos bearing the distinctive “999” branding, owned and operated by Zustro.com. This online casino offers numerous gaming options including live dealer games broadcast from brick and mortar casinos operating in Southeast Asia, through a studio …

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