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
Explaining the cease-and-desist orders, the Texas State Securities Board in particular likened Sloties’ NFTs to something that is “similar to stock and other eq...
Metaverse casino served emergency cease and desist to halt NFT sales
Brian Quarmby
2022-10-21T04:33:16+01:00
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“It’s clear from the draft framework that what they’re looking at is wagering using cryptocurrency,” said Julian Hoskins, the principle of gambling law and regu...
Australia’s Northern Territory mulls landmark crypto gambling regulation
Brian Quarmby
2022-08-24T06:49:00+01:00
1871
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Casinos and iGaming are coming to Web3 — with an exclusive new pass granting VIP access and a range of perks.
Limited-edition NFTs unlock access to crypto casinos
Chris Jones
2022-08-01T09:20:00+01:00
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The two will launch a Budweiser-themed race track, Budweiser NFT passes, racing prize pools starting at $45,000, and three tiers of airdropped Clydesdale NFT sk...
Beer, gambling and crypto: Budweiser races into Zed Run’s NFT games
Brian Quarmby
2022-06-08T05:24:45+01:00
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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
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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
12355
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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
6444
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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
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