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Author Topic: 777.com: Online Casinos Attracted By Bitcoin  (Read 559 times)

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777.com: Online Casinos Attracted By Bitcoin
« on: January 25, 2013, 08:49:33 PM »
Online Casinos Attracted By Bitcoin



Quote
Online casinos have another good reason to warm to the digital currency BitCoin after one operator this week (January 21st) reported a profit of $596,000 (£376,400) because of the denomination.

The industry has seen a dramatic increase in the use of BitCoin since late in 2012 when gaming websites realised the potential of rewarding players with currency that does not have to go through politicians or banks.

Explaining the attractiveness of the payment method, industry insider Larry Taad said: "Users don’t have to trust us with their funds any longer than necessary."

It is predicted that online casinos will continue to bet heavily on BitCoin.
http://news.777.com/2013-01/online-casinos-attracted-by-bitcoin-4022

 

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