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You are here: Home / Newswire / CoinBet Launches Bitcoin Based Online Casino, SportsBook, Poker Site

CoinBet Launches Bitcoin Based Online Casino, SportsBook, Poker Site

January 22, 2014 by Sara Leave a Comment

CoinBet today launched a new online gambling site, making it the first fully licensed gaming operator to bring legal online gambling back for U.S. residents. CoinBet is an award winning online casino, poker & sports betting site dedicated to offering the safest and most trusted online gaming platform on the planet. U.S. based players can use a platform – the first of its kind – that can legally accept real money bets from U.S. players by enables U.S. gamblers to instantly move U.S. dollars in and out of their accounts using bitcoin.

Privacy minded gamblers are calling this the ultimate betting account, because of the anonymous registration option, which requires only an email and password. Offering real money online gambling for U.S. residents is a huge move from CoinBet® and has many in legal communities scratching their heads, but since bitcoin isn’t officially recognized as currency by the U.S. government, online gambling with Bitcoin is not an illegal event under the Wire Act or Unlawful Internet Gambling Enforcement Act.

CoinBet is excited to become the premier provider in the underserved U.S. gaming market that experienced a mass exodus of gaming operators on April 15, 2011 a day that has since been called “Black Friday” in the industry.

CoinBet.cc is not only the first to bring legal gambling back for U.S. residents, but they are also the first online casino & sportsbook ever to process cash payouts for players within minutes of a wagering result becoming final.

“Effectively, this means that you can place a wager before, or even during a game, and have your cash winnings hit your e-wallet before your team has even left the field!” said CIG Senior Vice President John Bauer.

CoinBet Interactive Gaming, S.A. (CIG), is offering completely safe, trusted, and even anonymous gaming services, and digital funding options to U.S. players that many recognized gaming experts and Bitcoin devotees are calling “game changing” or incredibly disruptive right out of the gate.

“With industry-leading technology, Bitcoin processing for players worldwide, more sports betting options, zero transaction fees, lightning fast deposits and instant payouts, and even anonymous betting, we know consumers will quickly see why CoinBet is the best place to go for real money online casino games, poker games and for the most amazing online sports betting options worldwide.” He added, “It’s a very exciting time for us. We’re literally leading a revolution!”

Filed Under: Newswire

About Sara

My name is Sara Anslee, I live in Colorado. I am very fond of gaming, writing, and blogging. I share the latest news and tips about sports games, video games, gaming movies, gaming devices, and accessories. I also love watching movies and traveling.

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