Home / Tag Archives: licensed bitcoin casino

Tag Archives: licensed bitcoin casino

Top Licensed Bitcoin Casinos:

Name Games Provably Fair? Deposit Bonus Currencies international Visit


900

110%

EUR


mBitcasino Review


500

100%


Fortunejack Review


900+

100%


EUR USD, AUD 


Bitstarz Review


1000+

200%


USD, EUR, RUB, AUD 


Betchain Review


600

100%

EUR


Limoplay Review


187

100%


Mars Casino Review


1000

100%

EUR


7bit Casino Review


800+

100%

EUR


Oshi.io Review


350

110% Promo:
BCR110VEG


Vegascasino.io 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

100%


AdmiralSpot Casino Review


750

100%


Zig Zag 777 Review


800

100%


Argo Casino Review


130+

250%


Slots of Vegas Review


480

150%


Dasist Casino Review


330+

100%


Golden Star Casino Review


500+

100%


Loki Casino Review


7


Bitcoin.com Casino


636

100%


CasinoExtra Review


4


BitDice Review


225

100%


Bodog Review


70

200% promo NEWSP250


BetPhoenix Review


404

100%


BetDNA Review


157

150%


Slotastic Review


164


Bet in BTC Review


45

100%


BetBaller Review


543

100%


Staybet Review


665

100%


Sportbet247 Review


65

175% Promo: NEW175


Betmania Review


2


BetBTC Review


152

150%


Kudos Casino Review


215

200%


Futuriti Casino Review


879

300%


Wintika Review


91

250%


Twist Casino Review


138

100%


Rivalo Review


525

100%


Megawins Review


600

100%


Play.casino Review


155

200%
Promo: SLOTO1MATCH


Sloto Cash Casino Review


8


Bitcoinrush.io Review

 


276

200%


Slots.lv Review


200

100%


Ignition Casino Review


3

15%


BetCRIS Review


200

100%


888 Casino Review


26

200%


Club 178 Review


662

125%


PlayAmo Review


500

100%


OmniSlots Review


1

100%


Blackchip Poker Review


600+

200%-300% Promo: STAR50


Propawin Review


200

100%


Drake Casino Review


200

100%


Gossip Slots Review


300

100%
Promo: GAMES250


Bovada Review



 

82

50$ No Deposit.
Promo: 50NDB


Raging Bull Casino Review


649

100%


Llama Gaming Review


120

150%


Anonymous Casino Review


463

100%


Play Fortuna Review


626

200%


123 Vegas Win Review


127

175%
Promo: NLC175


Bogart Casino Review


500+

50%


SportsBetting.ag Review


154

250%
Promo: UPTOWN1ACES


Uptown Aces Casino Review


171

100%
Promo: CPBHB


Casino Extreme Review


70

100%


Coin Palace Review


500+

50%


Sportbet Review


800~

50%


5Dimes Review


492

200%


Panther Casino Review


16


Bit777 Review

rollin.io logo

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.

Mars Casino Review

Mars Casino Logo

A registered and licensed online casino, Mars Casino is a relatively new online gambling site that supports the use of bitcoins. It carries the tag line “Casino for humans by Martians,” which does not make a lot of sense but maintains a theme that may appeal to some online gamblers. …

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Play.Casino Review

A bitcoin-accepting casino, Play.Casino is a licensed online gambling operation that offers a wide variety of games. It was created by a team of online gambling pros with extensive experience in the industry. On its website, it claims to offer over a thousand games as well as fast cashout, 100% …

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AdmiralSpot Casino Review

A licensed online casino, AdmiralSpot Casino is one of the new players in the online gambling industry that accepts bitcoins. It is one of the better looking online casinos we’ve encountered. The design is dark and simple but attractive and easy to navigate. Well, it appears to have a lot …

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Zig Zag 777 Review

Zig Zag 777 is a licensed gambling site that offers a wide variety of games from various game providers. The site offers slots, roulette, and a host of table and casual games. It supports a number of European currencies as well as multiple payment methods. This online casino is one …

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Argo Casino Review

Argo Casino

Argo Casino is a licensed and regulated online gambling site that features a wide variety of games from multiple trusted names in online gaming. These include online slots, various table games, and specialty games. The site also features tournaments. Argo Casino is one of the better looking online casinos we …

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Slots of Vegas Review

Slots of Vegas is touted as “one of the most exciting online gambling communities in the online industry.” It claims to offer first class service and some of the best promotions online casinos can offer. It’s a well designed online casino that offers different ways of playing. You can download …

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Das Ist Casino Review

Das Ist Casino is an online casino that proudly bears the “Made in Germany” tag. It is a licensed bitcoin gambling site that serves players beyond Germany and can be viewed in different languages. Das Ist Casino was created as a joint project by developers of software used in online …

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Golden Star Casino Review

golden star casino logo

Golden Star Casino is a long-running licensed online casino that has been operating since 2012. It is one of the larger casinos online that support bitcoin payments. It is also notable for offering a multitude of bonuses and promotions. With titles from numerous online casino game providers, Golden Star Casino …

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LOKI Casino Review

loki casino

LOKI Casino came to existence as a project undertaken by a group of online gambling pros. According to its developers, it is aimed at combining the most interesting and relevant content in online casinos available. It is meant to be an online gambling destination that is neat, modern-looking, and easy …

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Bitcoin.com Casino Review

Bitcoin.com is one of the most prominent bitcoin-related sites at present. It features news, guides, live chat, and a forum. It also facilitates the buying of bitcoins. In May 2016, the site launched a high stakes bitcoin casino section with SoftSwiss as the game provider. It has since become a …

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