Technically, gaming sites don’t need a license to operate. They can still launch and serve gamblers just like any other casino. However, an unlicensed site runs into the following problems: 1. Lack of trustworthiness. 2. Fewer payment processors (these casinos typically offer cryptocurrency banking). 3. Violation of laws by serving jurisdictions without proper licensing. Unlicensed online casinos aren’t automatically crooked. However, they’re generally not as credible as licensed operators.