Bitcoin Makes Its Way To More Casinos

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July 13th, 2017
Back Bitcoin Makes Its Way To More Casinos

Bitcoin is truly gaining momentum again, not too long after the heated global debate foreseeing its doom. Apparently, that could not be further from happening because more and more casinos adopt this cryptocurrency as a method of depositing and withdrawing money. Not only are the number of casinos accepting Bitcoin growing by the day, but the currency itself is back to the forefront as 1 BTC is now worth about 2300 USD! Also, Bictoin is becoming a stark favorite among many online casino users who have been demanding it to be included among accepted currencies – and it seems like it's paying off.

With that said, it is with great delight that we can proclaim that as many as four online casinos have just accepted Bitcoin as a currency! Dublinebet, Lucky 31, Casino Extra and Casino Estrella are the names to look at.

It is estimated that online casinos represent 8% of total casino business. It is also projected that, even though it accounts for a small part of revenues, the advantages Bitcoin has over“real” currencies, like fast payments, will make it blossom in the coming years. In fact, one of the casino software providers, SOFTSWISS, claims to have gotten over 400 requests to launch Bitcoin casinos. Bitcoin's innovative nature has already been an engine behind many breakthroughs in the online casino world and this is often cited as a significant factor for its rise in an ever-evolving industry.

In any event, and whatever the future holds, we are happy to see more casinos jumping on the Bitcoin bandwagon. Are you with us? Let us know in the comments!

“more casinos adopt this cryptocurrency”

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Written by Andrej Andreas_V

Content Writer

7 years of experience
95 Written reviews
Andrej is a content writer for LCB that has joined the team in June 2017. Born and raised in Belgrade, he took up two different colleges to reflect on his two equally important sides - the arts and IT. He is an avid reader, art lover and a traveler. In what he likes to think of as his parallel life and career, he enjoys painting, writing, digging out amazing music and experiencing new places and cultures. 
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Fact-checked by Nina.D Sylvanas

Chief Content Editor

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