PokerStars to Take a Grip on Bitcoin Gambling?

PokerStars to Take a Grip on Bitcoin Gambling?

There is some gossip going around that PokerStars is considering to accept Bitcoin as a payment method. PokerStars rules the online gambling arena: Currently the top online poker website, PokerStars has a customer base of nearly 50 million members and it is by far the leading gambling application in the world. If the rumors are true, US players may even be able to play real online poker as bitcoin surpasses the restrictions imposed by the Unlawful Internet Gambling Enforcement Act, which forbids banks to send payments to gambling websites. Given that a large number of people are already....


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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....

Bitcoin is Simplifying Gambling

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....