You may feel safe playing at any reputable online casino because they have all been audited and licensed by authorities worldwide. The online casinos we suggest have all been vetted thoroughly and given the green light by the most trusted names in the gaming business.
A fiat currency casino requires bank accounts and a payment processor to obtain a licence, whereas cryptocurrency casinos don’t have to go through these systems. However, the regulatory bodies still check the Bitcoin casinos for fair gameplay, transaction security, and timely payouts.
Hence, licensed Bitcoin casinos are as safe as any regular gambling site and are recommended by experts. This in-depth review will elaborate on all aspects of a Bitcoin casino licence.
Until recently, gambling was illegal in even the most liberal countries. But today, it’s legal, and people can enjoy a great selection of casinos with a variety of options, including licensed Bitcoin casino sites.
Bets with real money or Bitcoin gaming are now available to players worldwide, but only on selected sites. Most jurisdictions require that a casino have a licence from a reputable authority before it is allowed to advertise its services to customers or conduct business.
The gambling industry is evolving, with new chances cropping up all the time for customers to place wagers thanks to the introduction of Bitcoin crash games. Increased user security, instant payments and withdrawals, and the ability to overcome geographical limitations are driving the current growth in the number of cryptocurrency-based gaming sites.
Our experts have thoroughly researched the Australian market and have chosen the five best Bitcoin casinos, and have evaluated them, along with their licensing details for our readers.
Here is the list of the five best Bitcoin-licenced casinos in the Australian gambling industry;
|Casino Name||Licenced by; licence number|
|mBit Casino||Curacao; 131879|
|N1 Casino||Malta Gaming Authority; MGA/B2C/394/2017|
|Joo Casino||Curacao; 152125|
|BitStarz Casino||Curacao; 8048/JAZ2020-013|
|Bitcoin Penguin Casino||Costa Rica|
Choosing the best licensed Bitcoin casino is our priority, and our experts implement strict selection criteria.
We critically evaluate various factors, including;
Safety is always our primary concern for our users and, thus, the reason we only select licensed online casinos. We prefer casinos licensed by reputable regulatory authorities like Curacao, UKGC, MGA, Costa Rica and more.
We not only rely on our testing and selection criteria but also survey the market for crypto-friendly casino reviews. Players leave positive or negative feedback on Reddit or Quora to help other players.
Reading real players’ reviews gives us an idea of how a Bitcoin casino treats its users. For example, you’ll find tons of positive reviews regarding Joo casino’s amazing gaming collection and customer support.
Easy navigation is an important criterion when using a Bitcoin online casino. We prefer sites that have an uncluttered homepage, easy-to-access features, and neatly categorised gaming libraries.
An excellent, licenced crypto casino is easy to use for experts and beginners alike without wasting any time. This will avoid any unwanted troubles later.
A Bitcoin casino cannot survive in the competitive Australian gambling market without featuring products from reputable iGaming providers. Our selected online casinos, like N1 casino, offer casino games from renowned providers, including Microgaming, NetEnt, Playtech, Evolution Gaming, Pragmatic Play, IGT and more.
When selecting the best in the casino industry, our selected casinos must be partnered with premium providers.
A crypto casino cannot keep you entertained without having a great gaming selection. This should include pokies, table games, bingo, live casino, scratch cards and more.
Our selected online casinos, like mBit casino, offer a huge gaming portfolio that has multiple options for all players.
Since real money gambling requires a deposit, you need safe payment options. A crypto-friendly casino must offer multiple digital currency options like Bitcoin, Litecoin, Dogecoin, Ethereum, Bitcoin Cash, USDT and more. Moreover, the site should also feature fiat payment channels for those who like using traditional payment methods.
Bonuses are another factor we analyse when selecting the best Bitcoin online casino for real money. We ensure that the casino offers generous welcome offers for new players and reload bonuses for existing players. A VIP club is a plus we love seeing at any online casino.
Besides bonuses, we also analyse the terms and conditions for wagering requirements, minimum deposit, games selections and other qualifications. The casino must offer reasonable and flexible terms easily attainable by players.
One of the benefits of cryptocurrency is the fast transaction speeds it enables, which is why we test the payout speed with different crypto wallets.
Our selected online casinos, like mBit, complete transactions within ten minutes in any digital currency. This means you can deposit and start playing within ten minutes.
Cryptocurrency used to be a niche interest that most people didn’t care about. Cryptocurrencies may not have been on anyone’s mind before Bitcoin’s creation in 2009, but they seem to be everywhere these days.
Due to its popularity, more industries are accepting crypto payments, and the iGaming industry is no exception. Today, there are more Bitcoin gambling license holding sites than you can count.
Have you considered crypto gambling if you’re new to online betting, or are you thinking about switching to it if you’re a veteran player?
To help you decide, we’ll go through the benefits and drawbacks of crypto casinos below.
|Transactions are quick, safe, and easy||Cryptocurrencies are highly volatile and fluctuate in value very rapidly|
|Users can gamble anonymously||Many players prefer traditional payment methods|
|Bitcoin casinos are decentralised||Bitcoin casinos are low in number compared to regular casino sites|
|Transaction fees are very low||Sometimes, Bitcoin casinos take a long time to process withdrawals, as they perform a manual security check|
|Licenced crypto casinos have an extensive gaming portfolio||-|
|Multiple bonuses are available for new and existing players||-|
A Bitcoin casino license, issued by a reputable regulatory body, should be something all players look for when choosing a casino. The licence guarantees that the casino operates lawfully and provides its customers with a secure and honest gaming environment. In most countries, Bitcoin casinos cannot lawfully operate without the proper permits.
The fact that a casino is prepared to cooperate with the appropriate authorities and that it takes its business seriously is vouched for by the fact that it holds a licence. This will clearly be beneficial to its reputation. Players are more likely to favour a licenced casino, as they will feel more comfortable playing there.
To open a cryptocurrency casino, a business will need a cryptocurrency licence. This will greatly assist the company and help it to attract more customers.
The value of licensing a crypto casino is a topic that potential casino owners ask about frequently. Any casino with the proper licence will operate within the confines of the law. This may be necessary to guarantee players get paid in a timely fashion and will help maintain gaming integrity. Moreover, accountability is an important factor.
In addition, having a licence from a government body can shield a casino from any lawsuits filed by disgruntled customers who believe, rightly or wrongly, that a cryptocurrency business is operating unlawfully.
Licensed Bitcoin Casino sites are the new trend in the 2022 gambling industry. Every country or state has different legislative bodies that issue gambling licences. Some of the renowned names are as follows;
A casino owner needs a licence to lawfully offer customer services like sports betting, lotteries, poker, and Bingo. Its absence poses a risk to the efficient operation of an online platform because the operator cannot register a bank account or add any games to the site. That’s because you need a licence to make a deal with a gambling software provider. As a bonus, several jurisdictions offer special tax advantages to licensed Bitcoin casino providers.
There are several gambling licences that businesses can apply for to operate legally, namely;
You may also be interested in our main list of the all FAQ crypto casino for Aussie.
Which is the safest crypto casino to use?
All the licensed Bitcoin casino providers in our list are licensed by reputed regulatory institutions such as Curacao, MGA and Alderney, making them safe to gamble with and guaranteeing fair gameplay.
Are Bitcoins safe to use to deposit funds at a casino?
Multiple levels of authentication and encryption are in place to ensure the safety of Bitcoin casino transactions. The gamer also benefits from transaction technology, allowing quick payments and lower fees.
Which games can I play in BTC casinos?
BTC casinos offer a variety of online games, including pokies, live games, table games and even Bingo. Some online casinos, such as the MBit online casino, offer 2,000+ gaming options for the players.
Can I use fiat payment methods to deposit and withdraw cash from BTC casinos?
Yes, some of our listed casinos, like N1, JOO and BitStarz casino, offer traditional payment methods like credit/debit cards and e-wallets for players who prefer fiat payment gateways.
Which are the best Bitcoin casinos by online licence in Australia?
mBit and Bitcoin Penguin are specifically designed crypto casinos that only allow crypto transactions on their sites.
Getting a Bitcoin casino licence should be an operator’s top priority, as it will give them the right to operate their business legitimately. Without a gaming licence, they won’t be able to operate anything legally.
A licence is required when dealing with banking establishments, buying or selling goods online, or using an e-wallet service. A licence will also help operators promote their casinos more effectively and attract customers by improving their establishment’s reputation. If a platform follows the requirements, getting a gambling licence is a breeze. Here’s what they need to do before they apply:
If you want to gamble online, you should ensure that the website you choose meets all of the requirements set out by your state. The terms and conditions, responsible gambling rules, self-exclusion plans, and withdrawal policies are all evaluated by regulatory bodies.
When it comes to gambling, though, every country has its own set of laws. Like most other laws, gambling regulations tend to differ from country to country. Governments and non-government organisations work together to keep gamblers safe in many countries, including Australia.
Gambling licences can cost anything from a few thousand to several hundred thousand dollars, depending on the jurisdiction from which they are issued. It’s important to consider the finer points of different gaming jurisdictions before making a final decision.
One of the benefits of playing with cryptocurrency is that you can deposit from anywhere. You don’t require a PC to play licensed Bitcoin casino games, and you won’t need special approval from banks.
All our listed online bitcoin casinos offer a spectacular mobile casino site that allows players to deposit and withdraw funds using their crypto wallets. For example, the mBit Bitcoin casino only offers crypto payment methods that enable players to play any game of their choice.
A stable internet connection and a compatible device are enough to operate all the mobile BTC casino sites like Bitcoin Penguin and N1 casino. You can enjoy the mBit casino web app for an immersive gaming experience.
Android users can now enjoy all the casino games on their smartphones with or without downloading an application. Some Bitcoin gambling licenced sites like mBIT or N1 offer web apps that save the casino site to your home screen for easy access. However, most crypto sites are not yet available on the Google play store. You can download the apk file or the web app for quick usage.
Many licensed online Bitcoin casinos operate flawlessly on all modern iOS devices. Check out the compatibility criteria before playing casino games.
You can deposit funds into your casino account in your preferable cryptocurrency, including Bitcoin, Ethereum, or Dogecoin, using your iPhone or iPad.
We also have a full listing of the best bitcoin casinos with fast withdrawal speeds for both new players and VIPs
Which Licensed Bitcoin casino offers the quickest cash outs, and why? When signing up for an online casino, that is the question you should ask. When joining a site, many new users make the mistake of only looking for the deposit requirements.
They check quickly to see if the deposit is in their casino account immediately. Still, how often do you go into the fine print of the payout terms and conditions?
If you win big at an online casino, the last thing you want to do is have to wait around for a payout for several days. Instant payout casinos ensure that players can collect their winnings as quickly as possible after they place a successful wager.
Luckily for you, BTC casinos are pretty quick with their payouts, but which casinos rank the highest is set out in the table below;
|Bitcoin Casino||Payout Speed |
|N1 Casino||Within 24 hours|
|Bitcoin Penguin||Up to 1 hour|
|Joo Casino||Within 3 to 4 hours|
We also have a full listing of all the best bitcoin casino bonuses for Aussie players in 2023.
If you’re the kind of person who is looking to have a good time at a licensed Bitcoin casino, choosing one with a fantastic casino VIP programme and a wide variety of exciting promos is recommended.
BitStarz regularly surprises its VIP players with exciting new promotions and perks.
Prizes have previously included a Tesla Model 3, a trip to Tokyo for the Olympics, and other exciting experiences.
Additionally, regular customers receive free spins on Wednesdays in the hopes of winning one of the several jackpots.
No doubt other Bitcoin casinos, like mBit, and 7Bit casino, offer generous bonus packages, but BitStarz sure tops our list.
Check out the full list of best gaming providers at the best bitcoin casinos we've compiled for your comfort playing in TOP BTC casinos for Aussie players.
The competition is quite tough regarding the best Bitcoin gambling licence sites in the gaming providers category.
We have mBit, which has an amazing selection of gaming providers from NetEnt to Evolution Gaming, but the casino doesn’t feature Microgaming products. Joo Casino features over 20 iGaming provider casino games, and then there is N1 casino with its limited list of providers.
However, the best among our listed Bitcoin casinos is BitStarz, with 40+ gaming providers’ products in its library.
The key mission of any online Aussie player when they join a licensed Bitcoin casino is playing casino games. A BTC casino will lose its appeal to the players if it doesn’t have a rich gaming collection. When selecting the best crypto casino by licence, we analyse the gaming library foremost.
The casino needs to feature an extensive gaming selection from renowned brands. The table below lists the best-selected casino with their game counts;
There was a time when gambling was illegal in many countries; however, with time, the industry began generating revenue. Many first-world countries like the US, UK, Australia, and Canada have regulated gambling structures for the industry.
Special regulatory bodies design gambling laws and issue licences to preserve customers’ rights and ensure fair gameplay on their gambling platforms. Here is a list of the world’s best-known Bitcoin gambling licence regulators;
The MGA (formerly the LGA; Lotteries and Gaming Authority) regulates gambling from Malta. It governs many betting activities, from brick-and-mortar casinos and slot machines to off-track betting, daily fantasy sports, and even internet gambling sites that cater to users and operators.
The MGA ensures:
The MGA can’t force any operator to return bets that were placed voluntarily and that they ended up losing in a fair game. Still, it can offer advice and help enforce the money deposited and the actual winnings. It can also help players and licensees settle disagreements when required.
In addition, “a standard of care for operators” has been added to the latest gaming legislation in Malta. Casinos with MGA licences are expected to watch how players gamble, look for signs of bad behaviour and step in when necessary.
There aren’t any BTC casinos in Australia licensed by Malta Gaming Authority. However, the best ones globally are;
Curacao is perhaps the best option for businesses and entrepreneurs seeking to enter the thriving online gaming industry. Around 450 online gambling businesses are licensed and operating from within the Curacao jurisdiction, making the Curacao gaming licence one of the most popular in the world.
But why does the regulatory authority have so many fans?
Curacao is often regarded as one of the easiest licensing jurisdictions to enter. It also offers a universal licence that can be used for any game genre, and it has one of the shortest processing periods.
Operators choose the Curacao eGaming licence because;
Curacao gaming is the most used licensing body by many Australian BTC casinos. The list includes some of our favourite names, such as:
The Canadian Online gambling market is one of the biggest and most profitable in the world, and the Canadian government has made its presence known. The Kahnawake Gambling Commission, set up in the 1970s, is an established and trustworthy online gaming organisation. To ensure safety and honesty, Canadian casinos must obtain a licence from the Kahnawake Gaming Commission. Kahnawake has a long history of preserving its citizens’ rights by facilitating fair and legal gambling.
It is the responsibility of the Kahnawake Mohawk Territory to oversee all forms of gaming on the Mohawk reserve in Quebec. The commission has not followed the Ontario model in how it issues licences to international operators to offer online gambling. The Kahnawake Gaming Commission has taken advantage of the territory’s lengthy history of strife between Mohawks and the government. The Kahnawake Mohawk Territory has strict rules in place to protect the honesty of its online gambling services.
Despite the fact that the Kahnawake Gaming Commission has had to shut down certain sites due to fraud, it has been keeping a close eye on its licensees ever since it was established. The Kahnawake Gambling Commission is not a money-laundering front but rather a watchdog organisation committed to fair play in the gaming industry. There are many benefits to licensing through Kahnawake as well. The low tax rates in the Kahnawake region make it attractive for Canadian businesses for a number of reasons.
Kahnawake Bitcoin Online Casinos hold a special place in the Canadian online gambling market, as they are the only ones where players need not worry about breaking the law by placing real money wagers. Since the Kahnawake Bitcoin Online Casinos were the first in Canada to accept Bitcoin as payment, they hold a unique position in the online gambling market in that country.
Here is the list of best Bitcoin online casinos licenced by the Kahnawake Gaming Commission;
Are you considering getting a licence to operate an iGaming business in the United Kingdom? The United Kingdom (UK) is the largest and most profitable market for the international online gambling sector, so this may be a great move.
One may argue that the iGaming industry in the UK is a cash cow. Nearly half of the UK’s adult population (those aged 18 and above) partake in online gambling at least once a month, numbering around 24 million people.
When you add up the revenue from online betting and gaming in the UK, you get a sizable revenue share more than any other sector. For context, the total gross gaming yield (GGY) from online gambling in the United Kingdom reached £6.9 billion by the conclusion of the 2020–2021 fiscal year, with online casinos contributing £4 billion.
However, a UK gaming licence is necessary if your business will facilitate remote (internet) gaming and target British residents for advertising purposes. The UK Gaming Commission (UKGC) is the government agency responsible for regulating all forms of gambling in the United Kingdom, both online and off.
The Gambling Act of 2005 established the Gaming Commission and gave it the authority to oversee the UK gambling industry, with a special emphasis on internet gambling. Since 2005, when it replaced the Gaming Board of Great Britain, the UK Gambling Commission has been responsible for regulating the gambling industry in the country. To bring the country’s gambling legislation up to date, parliament enacted the Gambling Act of 2005. Not only did this legalise and regulate internet gambling in the United Kingdom for the first time, but it also included measures to protect minors and the elderly from the negative effects of gambling.
Licences issued by the Gambling Commission remain highly sought after in the iGaming sector. It is estimated that at least 175 online casinos serve British gamblers, with the Gaming Commission awarding more than 3,600 licences to 2,600+ online gambling enterprises. The UK Gambling Commission’s (UKGC) strict compliance processes and commitment to responsible gambling are widely recognised and praised as an example of what other iGaming regulators should strive for.
Here is our list of the best UKGC-licensed online casinos in the industry;
Gambling control institutions ensure a transparent, honest, and safe place for both casinos and players. The AGCC has been doing that since it was founded in 2000. If you’re familiar with the Channel Islands, Alderney is the third largest one, between France and the United Kingdom. Even though the Crown is in charge, the region has its government and laws. On the other hand, the Alderney Gambling Control Commission takes a very innovative approach towards regulating and supervising the iGaming industry. It is fully compliant with the strictest international regulations.
For licensing and regulation purposes, many large-scale businesses, including Grosvenor Casino, go to more modest organisations like the AGCC. The Alderney Gambling Control Commission is crucial in preventing people from developing gambling problems. The institution cooperates with its licensees to take the necessary measures to reduce the dangers of gambling addiction. The AGCC collaborates with licensing bodies like the UKGC, NJDGE, and NGCB in its role as a regulator.
The regulatory body has the authority to provide numerous certificates and licences to casinos. The Alderney Gambling Control Commission has a printable application form that must be completed to obtain a licence to run a casino legally.
It is easy to understand the AGCC’s policies and costs. The operators have the freedom to select the licence category that best suits their needs and to view all the associated fees. Although the certification offered by the Alderney Gambling Control Commission isn’t as inexpensive as the one provided by the Costa Rican government, it’s unquestionably more credible and valuable. For this reason, many foreign casino operators adhere to the AGCC as the ultimate authority.
There is not a huge list of Bitcoin casinos licenced by the Alderney Gambling Control Commission;
Regarding the legality of internet gambling across borders, countries take varying stances. Some countries have openly welcomed online casinos, while others have tried to ban them. Even amongst countries on the same continent, there can be striking differences in how internet gaming is seen and approached. You may find different laws regarding traditional and licensed Bitcoin casino operations.
The United States serves as a model for comprehensive national regulation. It’s already complicated enough to follow federal regulations without factoring in the intricacies of individual states’ laws. Many governments are still trying to get money from reputable gaming websites. Certain jurisdictions have explicitly legalised online gambling, making it available to residents.
About 60 per cent of the world’s population resides in Asia, making it a prime market for online casinos catering to Asian customers. Many countries in the region have robust economies and high per capita incomes, making them attractive to online casinos and sportsbooks wanting to expand.
Despite artificial limitations from conservative authorities and legislation, the Asian gambling industry is booming in 2022. Several authorities have accepted the enormous potential of gaming.
In 2022, the Indian and Thai markets are expected to grow rapidly. Japan, South Korea, and the Philippines may be the most appealing due to their favourable regulatory environments, tax legislation, and licensing.
Lotteries and sports betting are the two forms of legal gambling in Japan. In 2016, Japanese lawmakers passed a bill making it possible to build integrated resorts. When the authorities finished revising the gaming laws in June 2022, casinos became legal throughout the country. The market for gambling in Japan is expected to reach $9 billion by the end of 2022, attracting established companies and new competitors to the field.
Sports betting, the lottery, and one casino are the only legal forms of gambling available to South Koreans. The estimated revenue from gambling is $17.6 billion.
In the Philippines, betting on sports and other games is not only tolerated but encouraged. Here, the government-run PAGGOR Gaming Zone and the private Cagayan Economic Zone offer to gamble (CEZA). Over $3 billion in annual revenue is generated in this country. The expense of setting up shop here is higher than in neighbouring countries, but the rewards from the tax system more than compensate for it.
Gambling on horse races and lotteries is legal throughout the country of India; however, Sikkim, Goa, and the Daman district are the only places in India where all forms of gambling are deemed legal. The legal framework surrounding iGaming is unclear, with different state and federal legislation making it hard to tell if a given form of gambling is acceptable. As a result, most casino companies operate in a state of limbo.
Thailand has mixed legality when it comes to gambling. You can legally wager on horses or play the national lottery in this country. Locals can still access and play at online casinos licensed in other countries. Casino tourism is big business in neighbouring countries like Cambodia, Laos, and Myanmar, and it’s a popular pastime among Thai citizens.
Games of chance are legal in at least several EU nations. Games like betting, poker, and casinos may be illegal in some countries, while others may legalise them.
While the European Union acts as a de facto “one state” in terms of economic significance, and member states are subject to regulations approved by the EU, national governments are ultimately responsible for enacting legislation that affects their citizens. This is especially true given the lack of a European governing body for the gambling industry.
No industry-specific law in the European Union (EU) applies to the provision of gaming services. EU countries are independent in organising their gambling services as long as they conform with TFEU’s fundamental freedoms, as interpreted by the CJEU.
The legality of gambling, poker, and casinos varies widely from country to country. The vast majority of EU member states allow the distribution of some forms of online gambling.
In several regions of Europe, monopolistic systems providing access to online gambling have taken root. A public agency manages these under state authority or by a private company with legal authority.
Despite this, an increasing number of EU nations have implemented licensing systems that allow for the presence of many operators inside the market. There is no preferential treatment for any one system under EU law.
The European Union’s many legal systems for online gambling reflect this diversity. The CJEU has issued several decisions addressing the question of whether national regulatory regimes are in line with EU law.
In particular, within the context of administrative collaboration between gambling regulatory authorities, the Commission backs the efforts of EU member states to update their national legal frameworks for online gaming. It also helps to safeguard minors and other vulnerable people.
You’ll find many Bitcoin casino Europe licence in the region available to players that prefer gambling with cryptocurrency.
In April 2022, Ontario, Canada, launched a new iGaming market. Providers of internet gambling services in the province can now apply for licences from the Alcohol and Gaming Commission. Canada’s gaming business has a long and rich history, so this is a major change.
Unless specifically authorised by a province, gambling is illegal in Canada. Therefore, provincial governments are required to sanction commercial gaming and betting. So, if you want to open a casino in Canada, you must follow the local laws, which differ in each province.
Provincial governments do not set up casinos; instead, they grant licences to private businesses to run online gaming sites and provide associated services. For this reason, each province has its own gaming authority in charge of licensing and regulating the industry inside its borders.
As if things weren’t tricky enough for Canadian businesses, they now have to contend with rivals from other countries who offer legal online gambling services. Companies based outside of Canada that provide gambling services to Canadians are not required to register with the Canadian government.
With so many roadblocks in place, it’s difficult for a gambling business to get established in Canada and remain profitable once it does. However, the country has recently relaxed some of its rules and streamlined some registration processes. For instance, in 2021, the government of Canada allowed the sale of single-game wagers.
The Gambling Commission oversees all forms of gambling in the United Kingdom, including casinos and betting exchanges. It was established after the Gambling Act of 2005 was passed, and it modernised the rules and regulations governing gaming to reflect technological developments, most notably the rise of online gambling.
When it comes to gambling, the United Kingdom has a variety of rules and restrictions. The regulations cover a wide range of topics, from limiting operator advertising to ensuring that players are at least 21 years old before placing any wagers—the Gambling Act of 2005 and the Gambling Commission’s website both detail key rules and restrictions.
Some restrictions stand out more than others, requiring proof of identity for all customers. Before allowing customers to gamble, they verify their ages, names, addresses, and dates of birth throughout the onboarding process.
The need to verify your identity is both good and bad for players and operators. However, it is now more difficult for minors or those with questionable backgrounds to participate in gambling; thus, everyone benefits.
Affiliate marketers are keen on penetrating the Australian interactive gaming market, as anyone who has searched gambling sites would attest to, for the simple reason that Aussies love a good wager. Some data suggests that roughly 39% of the country’s population enjoys betting. So, many people assume that New Zealand has a comparable proportion of gambling engagement as Australia does because of the strong political and cultural connections between the two countries. In reality, however, that is not the case. 13% of New Zealanders played online casino games and bet on sports in 2018, according to a poll.
Now, with only one-fifth as many people as Australia, New Zealand is not nearly as much of a tourist mecca as Australia. So, the locals don’t have as much taste for gambling as tourists do because the sector isn’t as well developed. Nevertheless, New Zealanders increased their spending on gambling pleasure during the global pandemic. The Department of Internal Affairs oversees gambling in New Zealand and reports that in 2020, the typical New Zealander spent $572 on wagering for amusement.
It’s safe to say that South American gambling regulations are as varied as the continent’s many different countries and cultures.
There are more than 410 million individuals who call South America home. If you use the conventional demographic rate, which states that around 75% of any population is over the age of 18, then you can safely assume that more than 307 million of these are of legal gambling age.
But with over half of South America’s population residing in Brazil, a country that has historically been highly hostile to all types of gambling, many would-be players live on the wrong path of various boundaries. To make matters more complicated, each South American country is a collection of autonomous states and municipalities, each with its own set of laws and regulations about one of the oldest “vices” in human history, making it challenging to generalise gambling regulations across the continent.
Gambling, in one form or another, is a natural part of human civilisation. Gambling encompasses various activities, from betting on the results of sporting events and horse races to participating in games of chance like poker and dominoes when money is at stake. And generally speaking, these events take place out of sight of authorities, with tacit approval from local populations.
Things are no different in South America, where you can find gaming in every major city. However, South American countries are notoriously behind the times regarding current gaming regulation, implementing archaic norms that people developed during the era of colonial authority or post-colonial power-seeking.
Online gambling has broadened the industry beyond the reach of traditional casinos, yet these antiquated rules continue to cloud the issue. Despite local laws barring such hobbies, casino gambling, sports betting, lottery, and even Bingo are all within easy reach of citizens of South American countries thanks to the popularity of the internet and cell phones.
Therefore, most South American governments have stepped up their attempts to legalise, regulate, and tax the booming gaming sector. On the other hand, other nations have responded to the rise of online gambling by doing what the United States did in 2006 and implementing federal legislation to outlaw the use of such sites.
Many nations, led by Argentina and Uruguay, are enacting sensible gambling legislation to boost their economies and reduce the negative effects of illegal gaming. However, countries like Bolivia and Ecuador are sticking to regulations issued over a century ago, typically by religiously motivated monarchs, which has resulted in the demise of their national gaming industry. Finally, countries like Brazil are trying to close the gap between progressive MPs’ attempts to modernise the law and the opposition’s strong resistance to change.
Considering Africa’s size and population, a comprehensive analysis of the continent’s gambling laws would be arduous.
After all, there are at least 54 independent states in the region, each with its own laws and regulations. Countries like Libya and South Africa, located at the northern and southern corners of the continent, are as dissimilar to one another as any two locations on Earth.
There is a wide variety of African countries, each with its own climate, culture, food, and legal system.
Gambling is strictly forbidden by Islamic law in Sudan, and those caught placing bets on table games or sporting events face public lashing as punishment.
But travel a thousand miles to the southeast, and you’ll find that Kenya is home to not one but thirteen casinos, brick-and-mortar sportsbooks owned by offshore businesses, and even a growing internet casino industry.
Gambling is promoted to increase tourism in large cities like Nairobi, while in rural areas, people gamble avidly on their favourite football teams.
As a result of decades of French colonial rule, many aspects of French culture have found their way into contemporary Moroccan society.
Africa is best studied by dissecting it into its various regions due to the enormous variation in gambling-related local customs, institutional laws, and societal attitudes across the continent.
For this reason, the terms “North Africa,” “West Africa,” “Central Africa,” “East Africa,” and “Southern Africa” will all be used to describe different regions of the continent with varying regulations of gaming.
It’s no secret that licensed Bitcoin casinos, a recent innovation in the online gambling sector, have quickly amassed a large user base. The Bitcoin casinos are a striking new addition to the iGaming industry, with many fans attesting to the sites’ safety and countless advantages despite their youth.
As the number of players at Bitcoin casinos grows, so does the complexity of finding the one that best matches your needs.
Since each jurisdiction has its own set of regulations regarding the legality of crypto casinos, there is no universally applicable solution to this problem. A gaming licence is typically necessary for a crypto casino to operate legally in any given jurisdiction.
Crypto casinos may need a money transmitter licence and a gambling licence. The casino could not process cryptocurrency deposits and withdrawals without this licence.
If you want to start a crypto casino, you should enquire with the proper national authorities about the licences you’ll need.
Bitcoin gambling license sites that have been legally approved to operate in the country will typically have a logo depicting a licence on their homepage. The law regulates all operations. For this reason, it’s important to check this out before making a deposit and signing up.
Let’s talk about why it’s best to stay clear of casinos that don’t have proper licencing or are illegal. When possible, play at a casino that has received positive feedback. Don’t just go by the symbol on the licence. Perform a fast Google search and go through the casino’s online reviews. Is everyone else enjoying themselves at this casino? Does the casino have any complaints?
Regarding the reliability of their games, mBit casino and other top-tier companies are required to use independent auditors. Independent auditors use a Random Number Generator to provide a level playing field for players of all skill levels. It’s a step towards enhanced fairness and equity.
As such, auditors would first need to verify the casino’s legal status; they are rarely found in unlicensed establishments. As a result, the casino owners can freely adjust the odds as they see fit at any time. Unfortunately, this results in negative outcomes for players.
Gambling at unregulated sites puts your personal information at risk and provides financial support to criminals. Remember that the money you lose will end up in the pockets of those who caused it. Many players never win despite their hard work.
Not only can they not access their winnings if they do win, but they cannot even deposit them. Typically, a casino will have an independent auditor to ensure that player funds are kept separate from casino funds.
Unlicenced casinos can avoid audits by simply collecting all the money in one big pot. You’ll be able to see your balance on the screen, but you won’t be able to change it.
Illegal casinos don’t last long. Generally, they emerge for a short period to rake in as many customers as possible before disappearing with hundreds, if not millions, of dollars.
Do your research before joining an online casino and depositing money. Take a look at the company’s formation date and reviews posted online. If it doesn’t have either, avoid it for a while.
Traditional online casinos have been a hot trend in the gambling industry for a long time. However, crypto or licensed Bitcoin casinos are another story. Here is a list of the most popular countries that permit Bitcoin casinos.
Cryptocurrency gaming sites are accessible to Australians because the government approves crypto assets.
Is it legal in Australia to use Cryptos?
Australia is among the most cryptocurrency-friendly countries, and its citizens can lawfully trade in and spend digital currencies without fear of legal repercussions.
In 2017, the government of the country made digital currencies legal. Since they qualify as property in Australia, any profit from selling them is subject to capital gains tax.
Therefore, Bitcoins are subject to the regulations of the Australian Anti-Money Laundering and Counter-Terrorism Financing Act of 2006.
Australia’s financial crimes agency (AUSTRAC) mandates that any cryptocurrency exchanges in the country register with them.
With registration comes a lengthy list of reporting and other compliance requirements for these exchanges. They will be subject to heavy fines if found to be operating in Australia. Hence using a trustworthy Bitcoin exchange in Australia does provide security.
Not only do internet gambling regulations vary by state in the US, but the illegal gambling types in each jurisdiction are also distinct.
Online gambling is a rapidly growing sector. As a result, state governments are gradually easing their grip on the industry to cash in on the massive economic opportunities it presents.
How does this affect crypto casinos?
US law does not currently address whether crypto gaming is permissible. This means that while betting with Bitcoin is not expressly forbidden, the applicable laws are, at best, unclear.
Online gambling with Bitcoin or another cryptocurrency is banned in several states. If a country allows online gambling, it should also enable crypto gambling as its regulations are less stringent.
Since the United States has not yet established clear policies for crypto gambling, some of the largest crypto gambling websites do not allow players from the United States.
The legal status of gambling is often described as a “grey area.” The IP addresses of many people who wager online are unlikely to be traceable. Furthermore, before signing up with an online casino, gamers should research the legality of doing so in their region.
Also, gamblers who worry about the legality of using cryptocurrency to play live or online casino games don’t need to worry. Using Bitcoin is not only acceptable but also highly recommended for the privacy it affords its users regarding their financial transactions. That’s why it fits the iGaming sector like a glove.
No regulations prohibit the use of cryptocurrencies at online casinos or gambling sites. Bitcoin’s decentralised design makes it fundamentally hard to govern by any institution or body. The security measures taken by Canadian online casinos, which include those that accept Bitcoin as a currency, are among the world’s best.
The legality of cryptocurrencies and their use varies among EU member states. Punters in Europe will always first want to ensure that the Crypto Casino they’re considering is operating legally. The same is true for virtual casino play.
Naturally, the use of cryptocurrencies is met with resistance in some countries. Consequently, EU residents who wish to participate in the Bitcoin market will be spoiled for choice. Also, some countries do not allow online casinos to operate within their borders. Nonetheless, many establishments welcome both.
The anonymity provided by cryptocurrencies like Bitcoin Cash and DOGE is one of the benefits of using them. It’s good for people who live in a country where digital money or online games aren’t as popular. So, it follows that EU-based proxies do the same for crypto sites.
Ditching fiat money platforms also has several other advantages. The games at blockchain-powered crypto casinos are consistently verifiably fair. Unlike a typical bank, deposits and withdrawals take place far more quickly. Further, increased safety is unquestionably welcome.
It’s not surprising that gaming websites focused on cryptocurrencies are attracting much attention, given the expanding number of people participating in online crypto trading. There has been a recent surge in the popularity of Bitcoin casinos in Scandinavia to the point that they are on par with their traditional fiat currency counterparts. Sweden, Denmark, and Norwegian players can choose from many reputable sites.
Since casino utah svensk licence med Bitcoin is a popular search term among Australian tourists, we have tried this establishment and will shortly be writing a review. On the other hand, we think you’ll have a great experience gambling at any of the casinos we’ve listed in this guide.
Finland is home to several top-tier Bitcoin casinos, so you can expect to find them in any directory of the finest gambling sites accepting Bitcoin. A variety of crypto betting sites accept players from the country. However, residents of Sweden, Norway, and Denmark are also allowed to wager on various sites.
Since many consumers now favour crypto over fiat money, numerous operators have taken the next logical step and created online casinos that accept crypto for both deposits and withdrawals. The top Bitcoin casinos in Sweden accept various fiat and cryptocurrency payments.
Check out the full list of bitcoin casino FAQ for Australia players.
A licensed Bitcoin casino should be every player’s priority. The licence guarantees that the casino is legitimate and will provide its customers with a secure and honest gaming environment. Without a licence, it would be against the law for the casino to be open.
There are no universal laws prohibiting the use of digital currency for gambling. Since most virtual coins are neither officially outlawed nor legal, there are typically no rules controlling crypto betting in most nations. Thus, their use is generally accepted as legal.
There are many advantages to using cryptocurrencies like Bitcoin or Ethereum for online gambling, which is why their use has become widespread. As of 2022, online casinos’ key benefits are the variety of deposit and withdrawal options offered to players.
Some of the most trusted regulatory bodies in the gambling industry are the UKGC, GRC, Alderney Gaming Commission, Malta Gaming Authority and Curacao eGaming.