Latest Bitcoin Casino News: BetKing Relaunch, CashBot Cashes in on WSOP

Written by:
Guest
Published on:
Jul/11/2017

Online cryptocurrency casino BetKing on Tuesday announced a relaunch on its new platform set to occur August 7, 2017.

BetOnline now proudly accepting Litecoin – Click Banner Above

An ICO campaign is set to take place August 7, 2017, and go on until September 4, 2017. The BetKing ICO will offer investors and patrons an opportunity to support the relaunch by purchasing BetKing Bankroll Tokens.

The soon to be launched updated version of BetKing will offer new, provably fair casino games like Blackjack and Roulette while supporting Ethereum and Litecoin. 

BetOnline now proudly accepting Litecoin – Click Banner Above

 

BetOnline now proudly accepting Litecoin – Click Banner Above

Online Cryptocurrency Casino BetKing Set to Relaunch New Platform Following the ICO, Starting August 7, 2017

CryptoCoinsNews July 11

With this year’s World Series of Poker Main Event now the third biggest in history, and biggest since 2010, many companies are looking to cash in.  These include those in the Bitcoin space.

CashBot, a bitcoin trading operation, is offering to convert WSOP players’ cash winnings to the cryptocurrency for a 7.9 percent fee. Losers needing more cash can sell their bitcoin to CashBot for a 5.9 percent fee.

“Poker players can run into liquidity issues while traveling,” said Alex Pryor, a WSOP player who founded CashBot last month.

Pryor said clients have mainly been converting sums more than $10,000. Peter Klamka, owner of Bitcoin Direct LLC, said monthly turnover at his bitcoin ATM near the Rio rises to about $50,000 from $20,000 during the WSOP period.

Businesses hope to cash in at World Series of Poker in Las Vegas

Las Vegas Review Journal July 11

Business/Financial News

Forbes: Bull And The Bear Case For Bitcoin, Ethereum, Ripple, Litecoin

Panos Mourdoukoutas on Sunday, writing for forbes.com, says the worse days for cryptocurrencies were early this week when the sell-off in major cryptocurrencies spread across the entire sector.

Bitcoin, Other Cryptocurrencies Take a Beating as India Cracks Down

Bitcoin, Other Cryptocurrencies Take a Beating as India Banks Suspend Accounts

Bitcoin was taking another beating Sunday after it appeared the cryptocurrency was making a comeback Saturday.

Over 220,000 Petitioners Want South Korea to Keep Hands Off Crypto Market

Over 220,000 Petitioners Want South Korea to Keep Hands Off Crypto Market

More than 220,000 signatures have appeared on a petition asking the South Korean government to remain "hands off" the cryptocurrency market.

U.S. Treasury Department, IRS Team Up to Regulate Crypto Exchanges in US

U.S. Treasury Department, IRS Team Up to Regulate Crypto Exchanges in US

The U.S. Treasury department and IRS will work together to help regulate and prevent bad actors from engaging in money laundering through cryptocurrency exchanges operating from the U.S., it was revealed this week.

Reason for Sharp Bitcoin Drop This Past Week Revealed

Reason for Bitcoin Sharp Price Drop This Past Week Revealed

Welcome news for cryptocurrency investors came Saturday with a sharp rise in prices across the board.

Syndicate