Cloudbet Claims 600 Percent Increase in Bitcoin Cash Betting During World Cup

Submitted by Guest on

Written by :

Guest

Published on :

Cloudbet Claims 600 Percent Increase in Bitcoin Cash Betting During World Cup

There is little doubt that the World Cup has resulted in a significant increase in wagering activity that is typically lacking this time of year.  But what we didn't know prior to the start of this year's tournament is what its impact would be on the crypto gaming market.  Now we do. 

Betting with digital currency such as bitcoin was not readily available with the last World Cup in 2014. One of the larger crypto gaming companies, Cloudbet, was only beginning to get its feet wet at that time.

This weekend, Cloudbet confirmed just how good the World Cup has performed for the relatively new betting firm.

In the first 10 days of the this year's World Cup, they saw the number of bitcoin cash bets soar by 600% from the same period immediately before the start of the tournament.

 

Related Content

Trending Prediction Markets: Fed Decision in September Hike 25bps 85 Percent Chance

Trending Prediction Markets: Fed Decision in September Hike 25bps 85 Percent Chance

The FOMC will meet for its September session after holding the target range at 3.50% to 3.75% in July, according to CNBC. The prediction markets have an 80% chance of an increase.
Pennsylvania Gambler Sues FanDuel: Says He Was Bombarded With Late Night Alerts After Losses

Pennsylvania Gambler Sues FanDuel: Says He Was Bombarded With Late Night Alerts After Losses

Maurice Faulk filed his civil suit accusing FanDuel of using data-driven promotions and repeated prompts to keep him betting at times he says he was least able to resist.
Stake.com Shuts Down Website in Ireland

Stake.com Shuts Down Website in Ireland

The company, which bills itself as the “world’s largest”, was forced to take the drastic action following an intervention by the Gambling Regulatory Authority of Ireland (GRAI). Stake.com is no longer available to those in Ireland as a result.
Williston, North Dakota Sun Country Flights to Las Vegas Resume Following Allegiant Acquisition

Williston, North Dakota Sun Country Flights to Las Vegas Resume Following Allegiant Acquisition

Sun Country announced it is keeping its Williston, North Dakota (XWA)–Las Vegas (LAS) nonstop for the 2026 season, despite the uncertainty earlier this year surrounding Allegiant's planned acquisition of Sun Country.