How Safe Are Online Bitcoin Casinos? By IBT Contributor
05/19/21 AT 2:11 PM
Are you planning on exploring a Bitcoin casino? Then it is imperative to know about its safety before proceeding.
Whether you have prior experience or are new to the world of Bitcoin Casinos, it is always better to be safe than sorry. There is a rise in awareness and demand for Bitcoins in recent years, where the currency is being used for trading, purchasing and selling items, and gambling in casinos.
Although Bitcoins are used as any other payment method, it is essential to pay attention to some details that can help you gamble relatively safely. Here’s everything you need to know about the safety of Bitcoin casinos.
Canyon News
UNITED STATES Online gambling is one of the most popular ways of passing the time among people of the United Kingdom. According to online gambling statistics, there are over 30 million accounts set up by people of UK in various online casinos. The total amount of money these accounts hold is more than 900 million pounds. 43% of UK-based online gamblers fall in the age group of 25 years to 34 years. So, let us explore the different reasons why online casinos have gained so much fame in UK.
Reasons for Popularity of British Online Casinos
The reasons because of which online gambling is so much popular in the United Kingdom are:
May 17, 2021, 1:02 pm ·
Online casino games studio SYNOT Games is set to further strengthen its Greek presence through a recent strategic partnership with locally licensed operator Betshop.GR.
The supplier announced Monday that as part of this new deal, its titles have gone live with the online casino and betting operator and are now available to its many Greek players.
The agreement with Betshop has further increased SYNOT’s Greek audience and has further cemented the provider’s footing in that important market. And thanks to the deal,
Betshop’s local players can now play latest SYNOT hits Respin Joker and Diamondz as well as other titles from the company’s ever-growing portfolio.
KSA and UKGC agree to collaborate on regulatory best practices Share
UK Gambling Commission (UKGC).
The regulators will work together ‘to better support their respective supervisory tasks’ by sharing general information and exchanging regulatory best practices on enforcement policies and licensing.
Updating Dutch stakeholders, KSA chairman René Jansen stated that the organisations shared common goals in combating international crime, protecting players and preventing gambling addiction.
“Such a Memorandum of Understanding forms a good basis for sharing knowledge, collaboration and a smooth exchange of information,” said Jansen upon signing the agreement.
“A clear signal is also given to providers of games of chance that cooperation is taking place at an international level. Online games of chance move across borders. That is why it is important for supervisors to work together.”
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