Wednesday, May 6, 2020

Bitcoins Undeniable Impact On Online Casino - 1932 Words

Blog 5 – Bitcoin’s undeniable impact on online casino gaming There is arguably no other industry in the world that has grown at a faster rate than the online casino industry. From small and somewhat unsteady foundations, the industry has flourished, so much so that you can’t move for seeing online casino advertising and marketing in 2015. As the industry revenues, profits, and payouts continue to grow, gross winnings topped out at â‚ ¬28.24 billion in 2014, so does the industry’s level of innovation. Part of this expansion has come through the introduction of a brand new cryptocurrency. Bitcoin has now become a key factor within various online casinos and is clearly having an undeniable impact on the field. Meeting Consumer Needs No matter where you look in the world, the impact of online casino industry is plain to see. While this the case, the online casino industry has had issues with regards to currency, with plenty of controversies occurring due to such. Considering the virtual element of the online casino industry, many consumers have long since backed the introduction of a true virtual currency to support the industry. Bitcoin has proven to be that very currency, with many online casinos already adopting it. Major names like Coin Palace Casino, Omni Slots Casino, BitStarz, and Jubise Casino openly accept the currency with more names soon to follow. Early Days In all seriousness, while many are adopting the cryptocurrency, it must be said that the integration of the

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