When I play at a bitcoin casino or poker room I usually presume that most of the other gamblers there are from the United States because of our restrictive gambling laws. But that's probably not the case. In what other countries is sports betting, poker and casino betting prohibited?
That's kind of a tricky question to answer. For example, in Australia you can bet on an upcoming sporting event at an Australian online bookmaker. However, one the sporting event has started the bookies are no longer allowed to accept bets so live in-play betting is illegal in Australia. In China there are some licensed gambling operators so betting on things like the lottery in permitted. Many other forms of online gambling like sports betting and casinos are not legal in China.
Gambling laws are weird. Pakistan has strict anti-gambling laws for everything except horse racing. Tote betting on horse racing was legalised there in the 70's. Seems strange to me that you can bet on a horse legally but if they catch you betting on the national cricket team you will be fined.
Online gambling is no longer legal in Singapore thanks to the Remote Gambling Act 2015. The government blocked hundreds of gambling website and the punishment for breaking these laws is quiet severe. You can be jailed for up to 6 months or have to pay a fine of $5,000 Singapore dollars.
Hardly surprising but North Korea has pretty restrictive laws when it comes to online gambling. The only place in the entire country where you can gamble is the Seaview Casino and Hotel in Rajin, which has a handful of slot machines and table games. I guess the average North Korean doesn't have a great deal of spare cash to lose at the blackjack tables anyway.
Holland, a country that is famous for its liberal attitudes, recently forced Apple to remove real-money gambling apps from the Dutch iTunes App Store.
wasn't there rumours last week that china was going to crackdown on bitcoin because of capital flight worries due to the yaun depreciating?
These rumours happen every few months. Quiet often they are just FUD from traders hoping to trick the market into panic selling. There was also rumours recently that the United States was going to ban online gambling in Nevada, New Jersey and Delaware because Donald Trumps appointment to the role of attorney general is anti-gambling. We'll have to wait and see what happens.
Australia have recently introduced some regulations that effectively outlaws online poker. 888poker have already left Australia and PokerStars and PartyPoker are threatening to do the same. This will be good news for bitcoin adoption in Australia if they do.
Here's an article we posted recently on why we think bitcoin gambling will prosper in Australia following the ban.
Bitcoin friendly poker room and casino Ignition have announced they are entering the Australian poker market as the Aussie government is in the process of banning online poker. Ignition Casino/Poker already operates in the United States so they are used to offering their services i countries with anti-gambling legislation. http://www.bitcoingambling.io/crypt...tion-casino-brings-bitcoin-poker-to-australia
Brazil does not allow any Brazil based companies to offer online gambling to it's citizens and they are now in the process of also blocking transactions to offshore sites.
We are hearing reports that the Australian government is starting to block bitcoin gambling sites. Thankfully you can still use a VPN to get around these restrictions.
but do crypto gambling sites still accept australian gamblers? the australian government is threatening big fines and jail time for any gambling site operators who accept australian players without a license.
Even Iran has a bitcoin ATM now so it's pretty impossible to ban online gambling unless you live somewhere like North Korean.
The Indian government have recently created a draft bill that would sell bitcoin miners, traders and holders face up to 10 years in jail. Their government must be very worried about cryptocurrencies.