First licensed bitcoin-only sportsbook launches ahead of World Cup

First licensed bitcoin-only sportsbook launches ahead of World Cup

With just days to go until the Brazil 2014 World Cup, and what will be the biggest betting event of all-time, the world's first licensed bitcoin-only sportsbook, BetVIP.com, has gone live with the aim of adding transparency and legitimacy to the nascent currency. BetVIP takes wagers and pays out winnings exclusively in bitcoin and only accepts bets in regulated markets. It has offices in Malta and South Africa and holds a gaming license in Curacao. The technology that powers BetVIP is provided by leading gaming solutions supplier, BetTech, whose platform is used by customers around the....


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