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Is Bitcoin Gambling Legal?

Is Bitcoin Gambling Legal? submitted by cryptolobe to cryptolobe [link] [comments]

Is Bitcoin Gambling Legal in the United States?

I've seen many ads around for bitcoin gambling on several websites and bookmakers. I was wondering if this practice is legal in the US or is it something that one should think twice before 'invest' (or better gambling ) it's own capital. Please let me know!
submitted by arsenico1 to Bitcoin [link] [comments]

Is Bitcoin Gambling Legal in the United States? /r/Bitcoin

Is Bitcoin Gambling Legal in the United States? /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Is Bitcoin Gambling Legal in the United States?

Is Bitcoin Gambling Legal in the United States? submitted by CryptoCurrencyNews to CryptoCurrency [link] [comments]

Is bitcoin gambling legal if I live in the US? /r/Bitcoin

Is bitcoin gambling legal if I live in the US? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Malta taking steps to legalize Bitcoin Gambling

This is the best tl;dr I could make, original reduced by 71%. (I'm a bot)
How small Mediterranean nation is looking to make Bitcoin Gambling legal.
The government of Malta and the Malta Gaming Authority are stepping up the game by taking a huge bet on bringing Bitcoin and other cryptocurrencies under regulation and to everyday use for all Bitcoin casino fans.
The Gaming sector contributes €1.2 billion to Malta's economy, which is 12% of the GDP - and with making Bitcoin Gambling legal this number could go up even more.
With Bitcoin and cryptocurrency casino getting more and more robust and popular with cutting-edge technologies and top-notch security features this is only good news to any Bitcoin Casino fan as now a European country is joining the race to bring Bitcoin Gambling legal and safe to play for everyone!
For any Bitcoin Casino and gambling fan, this is like an ode to joy as the move seems to secure the future of legal Bitcoin gambling and the Blockchain technology.
Bitcoin casinos seem to be here for good and with MGA stepping up their game we can only expect a huge boom in Bitcoin gambling in future.
Summary Source | FAQ | Feedback | Top keywords: Bitcoin#1 casino#2 Gambling#3 Malta#4 blockchain#5
Post found in /Bitcoin, /BitcoinAll and /BitcoinGambling.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

I won $1.2 million USD on a bitcoin crash gambling site. How do I legally get that money into a bank account?

I know it sounds very ridiculous, but bear with me. I was 17, recently turned 18 and I earned some bitcoins online from doing some grey activities such as selling Netflix accounts. I deposited around $200 on a crash gambling bitcoin site.
I didn’t really give a shit and got really lucky. But I didn’t wanna stop, I just kept going. Unlike most gambling addicts I actually got lucky and got millions of dollars. My friends convinced me to stop gambling (lucky for me) and I’ve withdrawn the money to my bitcoin wallet. Not gonna share any info for privacy reasons, obviously.
Anyways, I am wondering how I would get that money to my bank legally. Like I can’t imagine having to explain them that I won $1.2 million USD gambling online (which is completely legal where I live, just seems very dodgy). I was also thinking about just keeping my money in bitcoin and slowly withdrawing the money to my bank to avoid any taxes if there are any, I’m not quite sure.
I really need some advice here because I’m kinda lost. I would probably be under federal investigation if I ever went to a bank and tried to explain them what happened and that wouldn’t be great for me because before my big gambling win I did do some grey activities online that aren’t entirely legal as mentioned before.
EDIT: I currently live in California
submitted by throwawayy8190 to legaladvice [link] [comments]

The State of US Online Gambling Legalization - June 2020 Update - Bitcoin Slot Machines

submitted by Bedroid to BitcoinGambling [link] [comments]

A 17 year old dictator is trying to create a Reddit nation and wants 2 million dollars to create an island nation by seceding from a South American nation and the nation will live off of the proceeds from mining bitcoin, legalized gambling and by making the country a bank haven. Lets see what comes

submitted by OGKebabEater to TopMindsOfReddit [link] [comments]

Is on-line gambling with Bitcoin legal in Canada

I wondering what the current situation is with Canadian gambling laws and legislation with respect to using Bitcoin, since it's not considered currency. Does anybody here have any experience using on-line casinos? And what are the most popular sites?
submitted by rob_johnston to BitcoinCA [link] [comments]

Matonis: Legal Online Gambling is Next Major Bitcoin Market

Matonis: Legal Online Gambling is Next Major Bitcoin Market submitted by bitkeef to Bitcoin [link] [comments]

If Bitcoin mining was legally classed as gambling what changes would need to be made to make it legal?

It's amazing that so much money is being made from nothing until you realise that bitcoin is based on gambling it's just rebranded as mining.
For instance some regions outlaw any form of gambling. In those regions a simple mining work payment scheme would fix the problem.
Even in regions where gambling is legal you would need to comply with local gambling laws e.g. minimum payout percentages.
What other impacts could this have to Bitcoin and other cryptocurrencies where gambling is the way mining is monetized?
submitted by Arowx to Bitcoin [link] [comments]

Bitcoin Online Gambling is Now Legal in Europe’s Isle of Man

Bitcoin Online Gambling is Now Legal in Europe’s Isle of Man submitted by BitConnect_Vindee to Bitcoin [link] [comments]

Is Online Gambling Legal If Bitcoins, Not Dollars, Are At Stake?

Is Online Gambling Legal If Bitcoins, Not Dollars, Are At Stake? submitted by waspoza to Bitcoin [link] [comments]

Bitcoin: Making Online Gambling Legal in the U.S.? - Businessweek

Bitcoin: Making Online Gambling Legal in the U.S.? - Businessweek submitted by MineForeman to Bitcoin [link] [comments]

Bitcoin mentioned around Reddit: How is Augur legal? Is it considered gambling? /r/Augur

Bitcoin mentioned around Reddit: How is Augur legal? Is it considered gambling? /Augur submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Bitcoin Gambling is mooning thanks to a legal loophole!

submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Could Bitcoin Make Online Gambling Legal in the U.S.?

Could Bitcoin Make Online Gambling Legal in the U.S.? submitted by ij_reilly to TrueReddit [link] [comments]

If Bitcoin mining was legally classed as gambling what changes would need to be made to make it legal? /r/Bitcoin

If Bitcoin mining was legally classed as gambling what changes would need to be made to make it legal? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Is Online Gambling Legal If Bitcoins, Not Dollars, Are At Stake?

Is Online Gambling Legal If Bitcoins, Not Dollars, Are At Stake? submitted by tablesneakers to technology [link] [comments]

Malta taking steps to legalize Bitcoin Gambling

Malta taking steps to legalize Bitcoin Gambling submitted by greatwizard609 to Bitcoin [link] [comments]

Bitcoin for online gambling in the US (Is this legal?)

Is this legal? I have seen a few sites but I am not sure if this is legal in the US.
submitted by grpace7 to Bitcoin [link] [comments]

DOJ: All internet gambling is now illegal - YouTube Bitcoin Gambling игра в кости на биткоины Crypto Gambling Laws Bitcoin Gambling Legal How Create Crypto Games Bitcoin Gambling Website and Earn Money Online

Legal bitcoin gambling is actually not considered unlawful in most of the United States despite the popular opinion of online gambling. It’s a fact that there are more states in the US that have legalized and state regulated the operation of online gambling websites than there are states that have condemned their use entirely. That being said, there are only three states that have ... The bottom line is that Bitcoin gambling is legal in many places around the world. In those places where it is not legal, players recur to VPN services to gain access to the service, taking on the added risk of being caught. In other instances, they go for Bitcoin casinos that operate without a license – which makes that casino operation illegal in most places. Bitcoin, however, doesn’t ... Is Bitcoin Gambling Legal? The US. Bitcoin gambling legality in the US is ambiguous at best. Many sites have opened their services for US citizens for many years without much issue. However, things changed when the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) was passed, and this changed the online market to an extent. While it didn’t make this form of gambling illegal ... Bitcoin Gambling Legal Bitcoin Gambling Bitcoin Gambling with Faucet – Find your bitcoin gambling fortune . You like games? Then you will love the following bitcoin games! SHARKOIN.com SHARKOIN is a brilliantly simple and very addictive online game! SharkRoulette.com WIN BIG! Play European Roulette with Bitcoin! Primary Sidebar Widget Area. Pages. Bitcoin Gambling; Bitcoin Gambling ... Is gambling with bitcoin legal? The legality of online gambling is a gray area in several parts of the world. Some countries have no restrictions against online gambling, but other nations are staunchly opposed to internet gambling. Some of the countries that have either banned online gambling or placed restrictions on it include the following nations: Australia Imposed in 2001, the ...

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DOJ: All internet gambling is now illegal - YouTube

David Andolfatto, Legal and Illegal Trading of Bitcoin - Duration: 4:41. Federal Reserve Bank of St. Louis 4,157 views. 4:41. ... WHY IS GAMBLING ILLEGAL? - Duration: 2:11. TeenTake 5,723 views. 2 ... Hello friends in this video im going to show you how to create crypto games website and how to install this script in your hosting. -----... Bitcoin gambling is legal or not? http://btcwarriors.com/viewtopic.php?... #bitcoingamblinglaws #bitcoin gambling laws #bitcoingamblinglegal This is a two minute synopsis on bitcoin, gambling with bitcoins and what the legalities are surrounding bitcoin gambling laws and ... Bragg Gaming CEO Dominic Mansour on the potential impact of a Department of Justice opinion that all internet gambling is now illegal and the growth of sport...

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