PokerStars to Take a Grip on Bitcoin Gambling?

There is some gossip going around saying Pokerstars is preparing to start accepting Bitcoin as a payment method. Pokerstars is currently the most used poker gambling application around the world; a large number of the poker community members use Bitcoin regularly, and if the major online poker provider starts to accept Bitcoin it would be great news. Rumors have been around saying that users will soon be able to use Bitcoins to recharge their accounts. The online poker room is also said to be working on several fronts to establish the digital currency as an important means of payment in....

PokerStars has denied rumours it will soon accept bitcoin. The world's largest online poker site said through a representative that it has no immediate plans to accept bitcoin. They said: PokerStars has no immediate plans to implement bitcoin, and it is not on our development roadmap. The company went on to state that it is, however, reviewing its position and that it will continue to monitor the situation. The PokerStars representative also flatly denied the veracity of reports that have claimed the poker site is finalising bitcoin integration citing unnamed company insiders, calling such....

Sports gambling in America is big business. It is also, largely, illegal. According to the National Gambling Impact Study Commission, nearly $400 billion is wagered on sports by United States citizens during a given year, with only $3.5 billion of those bets being placed at legal books in Nevada. With only one state offering legal sports betting, how is it that U. S. citizens are able to gamble so much on games? While a significant portion of illegal gambling is still done in person, the internet has allowed the popularity of the pastime to soar. Widely used sites such as Bovada and 5Dimes....

Although gambling is a big industry, online gambling is still not as significant as it could be. Its proportion of the gambling industry currently hovers around 10%. However, over the last few years, online gambling have emerged as a popular choice among people. According to H2 Gambling Capital, the online gambling market in terms of gross winnings, has a global market value of €21.73bn ($28.54bn) in 2012. Interestingly, since the emergence of Bitcoin, the total value of online gambling is expected to increase multifold. It’s also true that gambling with Bitcoin only accounts for a tiny....

Though gambling is big business, online gambling is still not as significant as it could be. Its proportion hovers around 10% currently. However, over the last a couple of years, online gambling have emerged as a popular choice among people – this has been approved as well by research company H2 Gambling Capital. According to the organization, the online gambling market in terms of gross winnings, put the global market value at €21.73bn ($28.54bn) in 2012. Interestingly, since the emergence of Bitcoin, the total value of online gambling is expected to increase multifold. It’s also true....