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Tag: Wagering

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New Crypto Gambling Industry Arises in Norway

Even a few years back, cryptocurrencies and blockchain technologies weren’t commonly associated with gambling. However, as Bitcoin gained global recognition, the billionaires took an active interest, and the rest is history. Today, crypto gambling opportunities are rife across certain regulated markets, although they remain a topic of debate in the rest of the world. Norway, for instance, is extremely strict about online gambling and the country has some of the sternest laws to monitor casinos. On the contrary, Norwegians are surprisingly open to the idea of crypto gambling and there are tons of reputed crypto casinos in Norway. Visit nyestecasino.com

The post New Crypto Gambling Industry Arises in Norway first appeared on Bitcoins In Ireland.

Crypto Gambling Industry in Latvia

Online gambling is a lucrative industry in Latvia. While the country has a tight-knit relationship with gambling, the industry was regulated back in 1998 with the introduction of the Lotteries and Gambling Supervisory Inspection. This paved the way for the development of legal gambling opportunities in the Baltic region. Over the past couple of years, there has been a great debate around the legitimacy of online casinos. While online gambling was never explicitly banned, there were no rules to govern the market. This created a grey area for unregulated casinos to thrive. Thankfully, the laws are much clearer today and

The post Crypto Gambling Industry in Latvia first appeared on Bitcoins In Ireland.

IGT Obtains Patent for Bitcoin Slot Machines

IGT Obtains Patent for Bitcoin Slot Machines International Game Technology Plc, famously known as IGT, is currently the world’s largest casino slot machine maker. It appears they may be looking at providing cryptocurrency as an option of payment on their most loved casino games such as Megabucks and Wheel of Fortune. On Tuesday, the firm got a patent for a medium through which cryptocurrency can be transferred between the gaming-establishment account of a player and an external cryptocurrency account. Therefore, players could transfer Bitcoin into their virtual bitcoin wallets on a slot machine while using their smartphones. The company’s spokesperson,

The post IGT Obtains Patent for Bitcoin Slot Machines first appeared on Bitcoins In Ireland.

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