What Factors are Causing the Surge in Popularity for Bitcoin Gambling?

Bitcoin is a digital currency that operates independently of central banking systems or traditional forms of currency such as cash. It is decentralized and virtual, and an astounding number of people and businesses all around the world are beginning to accept it. Blockchain is an exciting new trend that functions in a completely new domain on the internet. Players are no longer having to rely on banks or pre-existing monetary systems for their financial needs. You can use digital currencies for a wide range of activities, but there is one industry that is taking full advantage of these digital currencies…

Bitcoin Gaming Wildfire

Press Release – BetCoin ™ Bitcoin Entertainment Network is upping the ante this month and continues to expand their casino operation, responding to a huge influx of new players with several new innovations. As the world of bitcoin gaming and online bitcoin casinos continues to gain momentum, BetCoin ™ (http://betcoin.tm)stays ahead of the curve by utilizing their unparalleled drive for creating the best bitcoin gaming options available. They have announced several major upgrades to existing products, including a patented and secure user verification technology and a unification of player leagues with monthly prizes totaling thousands of bitcoins. BetCoin ™ will…

Immovable Law vs. Unstoppable Bitcoin

Biz Journals – t looks like the immovable law of the land may have finally met its match, up against Bitcoin, the encrypted, nationless, currency that disrupts every industry it touches. And now that Bitcoin casinos have had their first major acquisition, an $11.5 million deal, no industry better embodies the unstoppable nature of Bitcoin than gaming. “The most interesting thing about Bitcoin is how it almost seems tailor made for Internet gaming,” said Stuart Hoegner, managing director of the Gaming Counsel, a law firm representing gaming interests in both the United States and Canada. Specifically he cited low transaction…

Bitcoin Could Become Competitive Wedge In Online Gaming

From Forbes Have you ever wondered why new technology tends to be exploited in the adult entertainment and online gambling industries first? An ultra-competitive market environment and a willingness to try anything in the quest for traffic and profits has made these two industries technology’s early adopters. Typically, innovations that start in these fields go on to become core features in more mainstream commercial applications. From brave use of multimedia, new scripting languages, and yes even payment technologies, adult entertainment and gaming have led the way. Now, a new digital currency threatens to disrupt the old payments paradigm and it’s…