Tag Archives: bitcoin

Opinion split on Commons Treasury assessment to “treat Crypto like Gambling”

Report: RET levy likely as MPs reappraise White Paper

The House of Commons Treasury Committee has recommended “treating retail investment in cryptocurrencies like gambling”, due to the high volatility of value changes of cryptoassets and potential for consumers to lose their entire investment.  The recommendation forms part of the Committee’s report evaluating the “potential benefits of cryptoassets and their underlying technology value, and the risk of investment in cryptoassets”. …

Read More »

SOFTSWISS maintains faith in crypto bounceback in H1 betting trend analysis

SBC News SOFTSWISS maintains faith in crypto bounceback in H1 betting trend analysis

Despite the heavy blows dealt to cryptocurrencies earlier this year, SOFTSWISS has pointed to steady activity in crypto betting during H1.  The crypto crash of May was a major hurdle in the cryptocurrencies’ upward trajectory in recent years, as the sector lost over $100bn in value in just a few minutes, with blockchain giant Bitcoin falling by 5%. However, looking …

Read More »

Sportsbet.io and Southampton FC introduce first Bitcoin competition

SBC News Sportsbet.io and Southampton FC introduce first Bitcoin competition

Sportsbet.io has revealed a first time Bitcoin Hunt competition for Southampton FC fans as it continues as the club’s main partner. The online sportsbook and casino stated that it is aiming for followers of the Premier League side and the community to participate in the ‘Bitcoin Hunt-style’ competition moving forward its ongoing partnership. Joe McCallum, Director of Sportsbook at Sportsbet.io, …

Read More »

SoftSwiss underscores popularity of football, Bitcoin and mobile betting

SBC News SoftSwiss underscores popularity of football, Bitcoin and mobile betting

Football is still the ‘King of betting’ according to SoftSwiss Sportsbook, although the platform provider also revealed that the most popular league for its users was a basketball tournament.  Publishing its results for 2021, SoftSwiss Sportsbook revealed that 38.14% of bets on its platform were placed on football/soccer matches, with basketball following at 22.62%; tennis at 16.11%; ice hockey at …

Read More »

PandaScore partners with oldest Bitcoin casino FortuneJack

FortuneJack

PandaScore has signed a new deal to provide online gambling operator FortuneJack with an extended portfolio of esports odds. PandaScore provides real-time data and odds across 10 game titles, including League of Legends, Valorant, Dota 2, Counter-Strike: Global Offensive and Call of Duty. Through this new deal, FortuneJack will obtain a wide range of odds, featuring in-depth pre-match and in-play …

Read More »

Joe McCallum: Why Sportsbet.io is taking a new approach to sponsorship

Joe McCallum: Why Sportsbet.io is taking a new approach to sponsorship

Joe McCallum, Director of Sportsbook at the Coingaming Group, takes a look at Sportsbet.io’s fresh approach to sponsorship agreements before explaining why creating a long-term, sustainable partnership with clubs is the key to success. Sports sponsorship has been under the spotlight recently, particularly when it comes to betting brands in the Premier League. When Sportsbet.io made its first moves into …

Read More »

Bitcoin, Brazil and the Bombay Club: Tim Heath on all things Coingaming

Coingaming

Tim Heath recently stepped down as CEO of the Coingaming Group to focus on its fast-growing venture capital (VC) fund. He explains how Christmas musings brought lift off for the group and how its VC fund opens doors for Bitcasino.io and Sportsbet.io, before discussing his “new baby” and first of its kind for the industry – the Bombay Club. You …

Read More »

Cloudbet makes stablecoin foray with USDT addition

SBC News Cloudbet makes stablecoin foray with USDT addition

Bitcoin sportsbook and casino Cloudbet has made its first foray into stablecoin betting after confirming the addition of USD Tether to its portfolio of available coins. After a month of testing with a small group of players, Cloudbet will now allow punters to deposit, withdraw and bet using the USDT coin. “We’ve accelerated our feature rollouts tremendously, thanks to the …

Read More »

Sportsbet.io strengthens cryptocurrency capabilities with Litecoin integration

SBC News Sportsbet.io strengthens cryptocurrency capabilities with Litecoin integration

Multi-currency sportsbook Sportsbet.io, has added to its current offering of payment capabilities by integrating Litecoin into its platform. In addition to being able to pay using other cryptocurrencies such as Bitcoin, Ethereum, and SOC coin,customers will also now have the opportunity to deposit, play, win, and withdraw in Litecoin. Joe McCallum, Director of Sportsbook at Sportsbet.io, commented: “This is just …

Read More »