Everyone who has ever tried it knows the thrill of gambling. Even if you are not entirely familiar with the multitude of games and machines on offer, all you need is a little bit of luck, and you might walk out of the casino with a bag of money!
Indeed, casinos are magical places. All of the glitz and glamor can be intoxicating, and it certainly does not hurt to rub shoulders with the crème de la crème of high society in them. After all, there is a reason why Las Vegas is often called the city of light!
But that was not always the case! In fact, not long ago, casinos and betting were not just frowned upon in society but downright illegal! Even today, you can only legally do it in two states in the United States: Nevada and New Jersey.
Going further back, historians theorize that humans have always enjoyed games of chance. They believe that there has been some form of gambling in every society from Ancient Greece up until now. When you think about it, who does not want to test their luck every once in a while?
However, the particular word “casino” comes from the Italian language, where the first-ever gambling house was founded in 1638 in the city of Venice. Although it did not bear the name “casino,” this gambling house was a way for authorities to control the betting going on each year during the carnival season.
Nevertheless, different but similar iterations of this concept flourished in other cultures. For example, there were saloons in post-colonial America, which usually served as bars and hotels and places you could gamble in. If you are curious about this topic, feel free to click on the following link: https://medium.com/edgefund/a-brief-history-of-gambling-a7f46dbf4403
Pillars of luxury
Nowadays, casinos serve much of the same function. In Las Vegas, most of them are located within hotels, where people usually stay during their visit to the city, and they often provide entertainment in the form of live shows.
Actually, the most famous live shows you can see in Las Vegas are called residencies, during which some of the most famous artists like Lady Gaga, Britney Spears, and Celine Dion perform for a particular time at a specific hotel. The artist to first pioneer this type of concert series was Liberace in 1944, and these days the shows are a sensation on the Las Vegas strip, with many people coming just to see them.
Needless to say, casinos have evolved throughout time, and their permanent fixture in the cultures of the world is notable. Therefore, it is entirely not surprising that with the advent of the internet, a lot of them have moved to operate online.
Now, you might think that takes out all of the magic of being in an actual casino, and we would be inclined to agree with you. But if the ongoing pandemic has shown us anything, it is that you never know when circumstances might change unexpectedly, and you will be forced to adapt.
Indeed, just like the numerous theaters, cinemas, and restaurants that had to close their doors to prevent the transmission of COVID-19, so did the casinos. To make up for lost revenue, plenty of them switched online, which seems to have worked quite well for some of their customers. Find out more on the subject on this page.
However, a lot of these online casinos do not have a license the way regular ones do. Because of their online status, they can also be played anywhere, giving them more leeway and access to people from other states.
Understandably, many players are wary of this. Stating that you do not have a license can sound scary, especially if people invest their money into your business and expect something in return. In reality, there is not a lot to be scared about!
The casinos without licenses function in a very similar way, and there are numerous benefits to using them instead of regular ones. Keep on reading for a brief overview of the advantages of choosing a casino without a license over the one without!
Dispelling the myth
Firstly, just because a casino is unlicensed in one country does not mean that it does not have any license. In fact, many countries offer licenses to online casinos abroad for which they might qualify if they fulfill the requirements.
Thus, if you play at an online casino licensed in another country, it is the same as being in an actual casino in that country! It is actually quite simple, and the only reason each country has its license is to ensure that the earnings from the games are taxed within the country in which it is located.
Still, that does not mean that it is illegal to participate in these games or that you are committing fraud by getting any earnings. The only thing that might cause you an inconvenience is if your bank does not allow money transfers from casino utan svensk licens abroad. This can easily be subverted by using online wallets like PayPal or cryptocurrency.
A benefit of this is that you can avoid getting taxed for your earnings if you receive them via electronic wallets and not through your bank. Even so, you need to pay attention to the type of online casino you are using and what they offer.
Namely, make sure that the casinos are registered in the European Economic Area, including Malta and the United Kingdom. Avoid those overseas as any earnings you make from them will cost you a 30% tax. Additionally, the website you are playing on should not have a Swedish version or offer payments in kronen. Otherwise, these earnings will be deemed taxable.
Lastly, be prepared to send in documents such as your ID, bank statements, and bills to get your withdrawals approved. Considering these casinos are abroad, they will not be able to get your information from the local government, so you need to prove your reliability upfront.
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