Endorsed by Gambling911

Sacramento Kings, Overstock.com Begin Accepting Bitcoin

Written by:

Aaron Goldstein

Published on:

Jan/16/2014

Sacramento Kings, Overstock.com Begin Accepting Bitcoin

Americas Cardroom, the Sacramento Kings NBA franchise and Overstock.com all have begun to accept the anonymous digital currency bitcoin.

Americas Cardroom is the largest online gambling site to date to start accepting the currency, which is currently valued around $850 and fluctuates wildly at times.

Overstock.com is one of the biggest online retailers to start offering bitcoin transactions.

On Thursday, it was announced that the Sacramento Kings, owned by the Maloof Brothers who also operate the Palms Casino in Las Vegas, will begin accepting bitcoins for merchandise purchases. They are the first major sports franchise to do so.

The Kings announced Thursday that fans will be able to buy gear from the official team store and pay for tickets with the digital money beginning March 1. Purchases will be processed through BitPay, which accepts the digital dollars and pays the Kings in cash.

Kings owner Vivek Ranadive said the new payment method is part of his model for "NBA 3.0, which focuses on investments in technology, globalization and deep community partnerships."

For those looking to bet on the Kings, BetBM.com offers bitcoin sports betting.

- Aaron Goldstein, Gambling911.com

Business/Financial News

Bookie Pay Per Head Demo

Price per head companies offer prospective clients a chance to try their Pay Per Head software through a free two week demo but AcePerHead.com takes things one step further. How about a FREE week per month FOR LIFE?

Bet on Will Ethereum hit $3,800 by Friday December 6

Some $8,000 had been bet so far at Polymarket with 44% of those backing Etherum's price shooting above the $3800 mark by Friday.

PricePerPlayer Puts More Dollars in Your Pocket as a Bookie

The primary reason that someone goes into business is to make a profit selling a product or service. The main reason why so many people fail at accomplishing this goal is the lack of having the proper business tools to turn their dream into a reality.

Odds of Bitcoin Reaching Over $100K Before End of November Quite Good

73% of those betting on the price of Bitcoin at Polymarket believe it could touch $95,000 before the month ends though only a small number believe it will surpass $100K.

X and Truth Social Merger Announced Before August Betting Market Unveiled

X has approximately 611 million active monthly users and is valued at around $9.4 billion while Truth Social's parent company, Trump Media & Technology Group (TMTG), has surged past X Holdings, valued at $10 billion.