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Tag Archives: Gambling

Drake Likely to Lose $1 Million in BTC Bets on Stake

Canadian singer, rapper, and songwriter Drake has placed two bets of $500,000 each on the NHL’s Edmonton Oilers and the NBA’s Dallas Mavericks to win the Stanley Cup and NBA finals, respectively. However, these teams winning their leagues looks highly unlikely as they have registered three losses and zero wins so far. Drake placed the bets using BTC on Stake, a popular online crypto casino he is often known to frequent and livestream his gambling activities. He posted on Instagram, “Dallas...

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Australia Bans Various Forms of Gambling with Crypto and Credit Cards

The Australian government has banned its users from indulging in online gambling, imposing fines of up to AU$234,750 on platforms that accept credit cards or crypto from users going forward. While this regulation will affect most forms of online gambling, some, like online lotteries and keno, will remain unbanned. The move comes as a way to protect users from throwing their money at luck-based games, as gambling can be very addictive. With numerous online platforms mushrooming worldwide and...

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The United Kingdom Wants Gambling Laws to Apply to Crypto Trading

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Is investing in crypto equivalent to gambling? That’s how the United Kingdom sees it, and leaders are suggesting that crypto be regulated in the same way the U.K. oversees gambling activities. The United Kingdom Sees Crypto Investing as Gambling To an extent, one can argue that investing in crypto is sort of a...

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Online Crypto Gambler Edward Craven Just Bought a Huge House

Edward Craven is an online crypto gambler and entrepreneur that just bought the most expensive house in Victoria, Australia with his earnings. Edward Craven Owns a Very Expensive Home Craven owns an online crypto casino called Stake.com. As a lover of slot machines, Craven says he’s got a funny feeling that his luck is about to get very serious. He commented in a recent interview: Me personally, I don’t know. I get this funny feeling that my luck is due. At the age of...

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The biggest reasons behind football’s popularity in Europe

Football is a global sport but when it comes to overall popularity, you can see that Europe is where it’s best played. Whether it’s for the national teams or the domestic leagues, football remains supreme. It is a fixture in Europeans’ daily lives which you can see on the numerous football fields around the continent. For kids, you know that they are immediately thrust into football when they are young. The sport is already ingrained in people’s culture in Europe. Let’s...

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Billion-Dollar Crypto Gambling Ring in Vietnam Gets the Boot

Law enforcement agents in Ho Chi Minh City in Vietnam have arrested nearly 60 people involved in what may be the biggest online crypto-based gambling ring in history. Thus far, more than $3.8 billion in crypto-based transactions have occurred at the hands of the organization. Gambling Like This in Vietnam is a Big No-No… The operation occurred in a very hush hush way, with several gamblers involved registering their crypto wallets on a foreign platform known as Remitano...

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Atari Delves Further Into Crypto World with New Digital Casino

Atari – a gaming company that was huge in the 80s and popular for titles such as “Pong” and the infamous “E.T.” game – has announced that it is heading deeper into crypto territory with the release of a new crypto-based casino. Gaming Company Atari Sets Up Crypto Casino The project is being produced with the help of a company called Decentral Games on the Ethereum blockchain. All games set to be offered will be based on old titles issued by Atari. Customers can also play...

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Blockchain als Problemlöser für die Glücksspielindustrie

Das Glücksspiel ist nach dem Finanzsektor der zweite Wirtschaftszweig, der die Bedeutung der Blockchain-Technologie erkennt und in großem Umfang einführt. Und es erstaunt, dass diese Branche nicht schon früher Bitcoin für sich entdeckt hat. Denn gerade die Blockchain hat die Fähigkeit, in diesem Bereich Probleme zu lösen, welche die Wettbranche seit langem plagen: Die mangelnde Transparenz, das träge Tempo bei Transaktionen, begleitet von den ungerechtfertigt hohen Gebühren und...

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Marketing Exec Daniel Blieden Used His Company’s Funds to Buy Crypto for Gambling

Daniel Blieden – a Cincinnati-based marketing executive – has pled guilty to embezzling more than $22 million in company funds to purchase cryptocurrency for online gambling ventures.Blieden Faces a Lengthy Prison TermBlieden was facing charges of both wire fraud and “aggravated identity theft.” The company he worked for was called Style Haul, in which he served as the vice president of accounting and finance. The company focused primarily on fashion media, lifestyle and beauty products. The...

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Why Use Bitcoin Casinos Instead of Regular Online Gambling Platforms?

Gambling is probably one of the oldest pastimes in the evolution of mankind. According to available information, the finding of prehistoric six-sided dice dating back to 3000 BC stands as proof that the games of chance were adopted and celebrated by people since time immemorial. However, with the changing times and advancements in technology, people don’t have to be in one place to place bets and try their luck in winning a fortune. The rise of online casinos and gambling platforms is the...

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