Gambling News

Gambling is a game of chance that minimally depends on players’ skills, with its main purpose being to gain money or other material values. Gambling is restricted in many countries. As the use of virtual currencies has spread almost everywhere, cryptocurrency gambling has also become more popular among users. Because all digital currencies are decentralized, it seems difficult to regulate it in order to create a user-friendly environment in the games. Also, the decentralization of cryptocurrencies makes it almost impossible for governments to trace the use of money, because Bitcoins are stored on the players’ computers. There already exists some online games that accept Bitcoin with ability to exchange it for internal tokens or use it as the main currency of the game. Besides Bitcoin, there are also sites for gambling with Ethereum and other Altcoins. However, the future of cryptocurrency gambling is still uncertain.
News
The QRNG uses a fluctuating quantum system to guarantee unpredictable randomness, which can be used in Web3 gaming and gambling.
Quantum-based random number generator for Web3 games and wallets launched
Martin Young
2022-05-04T06:53:35+01:00
4429
News
The platform is backed by World Poker Tour champion and professional poker celebrity Phil Ivey.
Virtue Gaming launches play-to-earn crypto model to bring online poker to US players
Zhiyuan Sun
2021-12-10T14:00:00+00:00
11786
News
Cryptocurrency and smart contracts are redefining the future of online betting. Esports, meanwhile, represent a growing market for gambling.
Exodus wallet integrates with SportX to enable esports betting with crypto
Sam Bourgi
2021-11-23T17:00:00+00:00
6253
Sponsored
Online gambling is a massive entertainment industry and blockchain technology is the next natural step of its development.
Decentralization of gambling industry will help achieve its full transparency
Chris Jones
2021-11-08T15:38:00+00:00
9464
Analysis
The NFT gaming market is growing by leaps and bounds as gaming regulatory bodies and traditional gaming corporations shun the ecosystem.
NFT gaming proposition in question as regulators and traditional gaming pullback
Anirudh Tiwari
2021-10-19T14:03:00+01:00
9104
News
Macau’s casino junket operators have already been on the rocks during the coronavirus pandemic, and some fear that they could be “faded out” following the intro...
China’s digital yuan could be a fatal blow for Macau casino junkets
Marie Huillet
2021-04-22T10:42:43+01:00
12137
News
The injection of additional funding will be used to facilitate Virtue Poker’s mainnet launch slated for May 2021.
ConsenSys-backed poker platform secures $5M investment
Osato Avan-Nomayo
2021-04-12T14:54:04+01:00
17273
News
The bill already signed into law legalizes online sports betting in the state with bookmakers permitted to accept cryptocurrency deposits from bettors.
Crypto wagering for online sports betting now legal in Wyoming
Osato Avan-Nomayo
2021-04-09T13:06:40+01:00
9048

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