Business
February 17, 2022
SoftSwiss Introduced NEO to Its Cryptocurrency Solutions
Developer of software for the iGaming industry SoftSwiss announced today an expansion of its crypto solution with the addition of NEO, a new altcoin that is now part of the cryptocurrencies supported by the platform. Expanding the List of Supported Cryptocurrencies The newly added to SoftSwiss’ list of supported cryptocurrencies NEO is the cryptocurrency of […]
Industry
February 16, 2022
GamCare Lobbies for Self-Exclusion Scheme for High-Risk Traders
Leading UK supplier of problem-gambling support, free information, and guidance GamCare has expressed its concern regarding high-risk stock trading. Acknowledging the growing risks associated with these activities, the charity recommends the introduction of a self-exclusion scheme for high-risk traders. GamCare Noticed Similarities Between High-Risk Trading & Compulsive Gambling While the majority of people usually trade […]
Sports
February 14, 2022
Drake Wins Big on Super Bowl Bitcoin Wagers
Last week, days before the start of the Super Bowl, the four-time Grammy winner, Drake, announced that he placed three bets. Keeping up with the popularity of cryptocurrencies, the famous rapper wagered $1.25 million worth of bitcoin by using the popular platform Stake.com. The three bets were expected to bring him more than $2 million. […]
Sports
February 12, 2022
Drake Bets $1.25M BTC on Super Bowl LVI, All-in on Rams
Super Bowl LVI is projected to elicit an unprecedented amount of sports betting handle with 31.4 million Americans turning to wager on the Big Game this year. It’s not just sports fans across the US that are wagering, though, as Drake is going all-in on the Los Angeles Rams to win against the Cincinnati Bengals […]
Blockchain
February 3, 2022
India Says Crypto to Be Taxed Like “Grey Area” Gambling Winnings
The government of India has been split about the future of cryptocurrencies. In 2021, the Reserve Bank of India (RBI) threatened to suspend crypto altogether on multiple occasions. Local crypto experts dismissed this as saber-rattling and they may have been right. The country is now moving to regulate the cryptocurrency industry not by banning it, […]
Blockchain
February 2, 2022
AstroPay Rolls out Crypto Support amid Rapid Adoption
Acclaimed online payment provider AstroPay is introducing crypto to its offering, effectively expanding the list of payment options consumers may use to pay with, buy or sell crypto. As a result, AstroPay will enable various crypto buying and selling options on its app and webapp. The company states that no additional fees are incurred for […]
Industry
January 7, 2022
Kenyan Hip Hop Artist King Kaka Named Sportsbet.io Ambassador
Cryptocurrency-led betting platform Sportsbet.io announced today it hired the services of prominent hip hop artist, entrepreneur and philanthropist King Kaka as a brand ambassador in East Africa and beyond. Soccer and Music Sportsbet.io, part of Yolo Group, teamed with the popular on the East African scene Kenyan rapper King Kaka to collaborate for the creation […]
Blockchain
January 4, 2022
Wagering Platform Polymarket Fined by CFTC
The Commodity Futures Trading Commission (CFTC) has fined Polymarket for its cryptocurrency prediction service, and ordered it to close down its markets. Users will also be offered full refunds to settle charges that the company did not register with the regulator. Polymarket Fined Over Violations The penalties were announced by the CFTC on Monday. Polymarket, […]
Business
December 17, 2021
Prediction Market Futuur Introduces Real-Money Action, Supports Crypto
Futuur has added real-money markets to its existing play-money market. The provider of the largest number of prediction markets in one location has announced that it will officially launch its real-money markets for forecasters worldwide. Trading is also available in seven cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), Tron (TRX), Bitcoin Cash […]
Business
November 3, 2021
Mississippi Sees First Cryptocurrency ATM Installed at Casino
Mississippi has been one of the pioneers of sports betting. Yet, as betting technology progressed, the state slowly started falling behind. That will now change. Mississippi Casino Adds Crypto ATM That isn’t to say there aren’t efforts to make a change. The Scarlet Pearl Casino in D’Iberville has recently installed a cryptocurrency ATM. According to […]