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

Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

It's deja vu for the online gambling sector as Kentucky comes after companies once again
These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

These Bad Moms Banned for Life at Pennsylvania Casinos: Bad Dad Too

Of the 18 banned individuals, four were accused of leaving children unattended in vehicles while they gambled inside.
Wichita's Kansas Star Casino Sees Revenue Growth Increase of 8 Percent in May, Slots Take in $13.7 Million

Wichita Area Kansas Star Casino Sees Revenue Growth Increase of 8 Percent in May, Slots Take in $13.7 Million

Kansas casinos generated $39.8 million in revenue for May, up 5.5% year-over-year with slots accounting for most of the combined figure. The Kansas Star Casino reviews suggest "tight slots".
NyesteCasino.com report on regulation and growth

NyesteCasino.com Reports: iGaming Industry Navigates Dual Pressures of Regulation and Growth

NyesteCasino.com, a leading iGaming analysis resource, released its latest industry overview, highlighting a week defined by intensifying regulatory scrutiny alongside continued global market expansion.