Crypto Casinos - The Shit About To Hit The Fan

[Svenix]

3 minutes ago, teckiwi said:

lol rtp does not mean anything if you feed it back into the machine again and again until you bust which the bulk of depositors do. 

Than someone else should win it, right? One is feeding, one is recieving. But all the casino's make millions, so there isn't something right. Stake made only 800 million dollars in 1 year with Etherium alone.

[joshnadin]

2 hours ago, TommyBhoy said:

Wow

Stevewilldoit is a scumbag.

Someone should report Stake to the UKGC

Stake aren't licenced in the UK, and actually explicitly state in their terms of service that players from the U.K aren't permitted to gamble on their site.

However, do players from the U.K use VPN's to access Stake? Of course. They fully well know and turn a blind eye to it. Along with players from other countries such as the U.S too. But that's another topic.

But due to not 'actually' operating in the U.K and only having a Curaçao licence, no matter what any organisation in any country they are reported to, no one can really do shit about it.

--

Stake are in fact in the process of applying for a U.K licence though, and have the intention of becoming a fully licensed operator in the U.K.
This will mean at least on the UK version of their website, they will have to adhere to the same regulations that all other regulated UK casinos have to abide by, such as being a part of GamStop, having sufficient AML and KYC procedures, ensuring you comply with responsible gaming guidelines etc..

The UKGC and the MGA should categorically deny the application due to their previous predatory business practices. Period.
They are also Watford FC's main sponsor. I don't see how they are allowed to advertise in a country that they are legally not yet permitted to operate.

[damnyouwagering]

Bring the house of cards down

I cannot believe a English Premier league club would have the Stake logo on their shirt!!!

[Beiliver]

I like such videos, quite interesting to watch. In general I don't see something bad in gambling, of course if you don't suffer from addiction. Also you can play for example free games or on crypto. This is the choice of everyone.

[FreeWheelerBaby]

On 07/10/2021 at 13:55, TommyBhoy said:

This is very very serious! Criminal consequences coming here according to many.

 

I hope that in the end these casinos have to give all the money back to real money players, just like the banks did when they scammed the people…..roll on the end of lockdown so they can get back to properly regulating these casinos