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does satoshidice have/need a gaming license? are they a "legally operating casino" or something different?

satoshidice.com is a privacy protected domain name, hosted by amazon web services, currently on an Irish IP address.
The owner of the website (Erik Voorhees) is a fairly well known member of the bitcoin community and the company is traded on the mpex stock market.
The company information listed on mpex.co simply states satoshidice is an "unregistered corporation".
Is satoshidice operating legally?
Does the question depend on where Erik lives? Does it depend on where the domain was registered? Or something else?
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