Mad777 wrote:how can it be gambling when you use virtual credits to enter a tournament that has gift card prize?
credits can be receive from many various reason, not mainly being bought from the store, those who got their credits winning event or other probably didn't spend a dime to enter this annual event.
mask it any way u wish m8 ...buy in 500 credits =7.35 us dollars ... payout is 450 in real cash via what ever payment method is gambling man ....virtual credits cost members real cash and a payout of real cash is being offered
500 Conquer Credits
in fact the close to 500.00 us dollars cc club rakes in on cc cup or the 117.40 in the serious esq and assasin events is considered income and is taxable ...
gambling sites require a license cc club could actually be shut down for this for real ..in 2008 the us federal government shut down all sites as is considered income and us players were removed from all poker sites via tax evasion issues ... for example a us member won the conquer cup they would have to report winnings as in there country its tax able income .....will that happen i doubt it but it could ...again in 2012 all were shut down ,,,https://www.cardschat.com/f13/pokerstar ... er-196134/https://www.theguardian.com/world/2011/ ... t-down-fbihttps://fastoffshore.com/what-we-do/onl ... -services/
i leave this form with this
gam·ble | \ˈgam-bəl
Definition of gamble
(Entry 1 of 2)
1a : to play a game for money or property
b : to bet on an uncertain outcome
2 : to stake something on a contingency (see contingency sense 1) : take a chance
1 : to risk by gambling : wager
2 : venture, hazard
Definition of gamble (Entry 2 of 2)
1a : an act having an element of risk
b : something chancy
2 : the playing of a game of chance for stakes
unless site has a gambling license as harm less as it seems they take this very very seriously this event puts site in jeopardy.. one complaint cc club looses banking community to take in annual fees ect
Banking – Virtually all banks require some form of gambling license in order to set up a Bank Account for your business ensuring your business is legally compliant.
Payment Processing – You will not be able to set up merchant accounts and other payment processing accounts to receive payments from customers via bank cards and accounts without some form of license.
then there is the fines associated. that can be upwards of several million ..https://calvinayre.com/2018/11/29/busin ... hit-fines/