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From your description it sounds like you'd be considered an online gambling operator by the SAFE Port Act in the US.
by trotsky 16y ago
From your description it sounds like you'd be considered an online gambling operator by the SAFE Port Act in the US.
- mechanical_fish 16y agoYeah, the good news is that it's been proven time and again that humans will bet $1 if they've got good odds of winning $100. The bad news is that you're running a casino, so be sure you talk to a lawyer.
- x0ner 16y agoSomeone had mentioned this when I pitched the idea. Couldn't the fees to play be considered a service? You are not betting, but instead solving a problem.
- trotsky 16y agoI'm not an expert but I think they already have that loophole covered, hence why promotions with prizes are always "no purchase necessary".
- mryan 16y agoYou really need to seek some professional legal advice on this - you are thinking of setting up a gambling website, and will need to be registered with and regulated by the relevant authority. If you are pitching this as a "service", I believe you will need to offer free play. An example from the UK: Let's say a particular chocolate bar brand is running a competition where you can win a prize by finding a special code inside the chocolate wrapper. They are legally required to offer free entry for this to be classified as a competition (so you can write to them and ask for a free entry form - they have to comply). If you can only enter the "competition" by paying, it is considered gambling and regulated accordingly.