Rollbit loses Curaçao its gambling license

Discussion in 'Bitcoin Casinos' started by Humble Servant, Apr 3, 2023.

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  1. Humble Servant

    Humble Servant Active Member Staff Member

    At BitcoinGambling.io we are very careful about which sportsbooks and casinos we recommend because there are a lot of shady characters in the crypto-gambling world. Just this week it was revealed that crypto casino Rollbit has lost its gambling license in Curaçao. If you look on BitcoinTalk you will find lots of threads of users claiming they were scammed by Rollbit so it's not hugely surprising that they have been dropped by the gambling authority in Curaçao.

    Unlike the crypto casinos recommended on this website, users of Rollbit have to buy the native token of the casino called RLB. As a result of the casino losing its gambling license, the value of this token has plummeted by almost 50% over the past few weeks. This is why we recommend casinos that use either bitcoin or stablecoins like Tether because they are far less volatile than random tokens.
     
  2. Jake21

    Jake21 Member

    i agree. i don't mind gambling with btc or eth but i'm not investing in your dumb crypto just so i can use your website. i remember at one point there was a crypto called dentacoin that you were supposed to use at dentists. lol. how stupid is that, visa and mastercard work just fine at my dentist.
     
  3. Ajactonbson

    Ajactonbson New Member

    Thanks for the heads up on Rollbit's recent issues. It's crucial to tread carefully in the crypto-gambling scene. The loss of a gambling license is a red flag, especially with user complaints surfacing. The reliance on a native token adds another layer of risk, as evident from the significant drop in its value.

    Your recommendation to stick with crypto casinos using established currencies like Bitcoin or stablecoins like Tether makes a lot of sense. It's a smart move to opt for stability over the volatility that comes with lesser-known tokens.

    If you're exploring the crypto-casino space, consider checking out bonus casinos that operate with reliable currencies. They often provide a safer and more secure gaming environment, minimizing the risks associated with unproven tokens.
     
    Last edited: Dec 22, 2023

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