Decentralized Casino on Ethereum Edgeless Receives Curacao Blockchain License

Written by:
Guest
Published on:
Jan/01/2018

The Dutch Antilles island of Curacao, long a hub for the online gambling sector, has issued a casino license to Edgeless, a decentralized application launched on top of the Ethereum protocol.


Bookmaker accepts most crypto-currencies

Thomas Draksas, the founder of Edgeless, said in a statement: “Curacao license is a good starting point which enables us to compete with traditional online casinos, however, we are not finished yet. The crypto and gambling field is evolving really fast including legalities. Our legal team will be working on acquiring more licenses in the near future and strengthening Edgeless legal base.”

Edgeless claims to be fully transparent with a 0% edge for the casino. It also desires to become the first decentralized online casino site.

Edgeless also says it is the first casino platform based on the Ethereum protocol licensed by a respected regulatory agency.  Cucarao, however, does have a track record for licensing online casinos that ultimately failed without player resolutions.  

EmuCasino, licensed by Curacao, was prosecuted in Australia in 2016.  Now defunct Lock Poker lost its Curacao license after numerous complaints in 2015.  Struggling TopBet Casino, with a number of slow payout complaints, is also licensed in Curacao.

The island nation has long licensed Pinnacle Sports, one of the industry's most respected Web gambling ventures.

- Aaron Goldstein, Gambling911.com

Gambling News

5Dimes Owner Found Dead

The body of Sean "Tony" Creighton has been found by law enforcement in Costa Rica.  Creighton was the founder and owner of the popular sportsbook 5Dimes. Details are murky at this time.

Illinois Legislator Working on Bringing Sports Betting to That State

Illinois Legislator Working on Bringing Sports Betting to That State

An Illinois lawmaker says a bill to legalize sports gambling in the state likely won't be put before the General Assembly until next year.

Wife and Manager of Kidnapped 5Dimes Owner Met to Make Payment

Wife and Manager of Kidnapped 5Dimes Owner Met to Make Payment

A Diario report reveals that the wife of kidnapped 5Dimes owner communicated with a manager of the betting firm to send more than $700K in bitcoin ransom to Cuba hours after Sean "Tony" Creighton allegedly disappeared.

New Study Shows More Americans Support Legalized Gambling

New Study Shows More Americans Support Legalized Sports Betting

A new report using data from the Life, Liberty, and Happiness survey conducted by East Carolina University’s Center for Survey Research confirms that many Americans support legalized gambling on professional sports.

Family in States Heartbroken Over 5Dimes Owner Kidnapping, Office Under Heavy Security

Family in States Heartbroken Over 5Dimes Owner Kidnapping, Office Under Heavy Security

The 5Dimes office in the Edificio Equus, or simply Equus Building, of San Pedro, Costa Rica was under heavy guard Thursday.  Sources close to Gambling911.com say it is like "something out of Black Ops".

Syndicate