Bitcoin will increase popularity of online casinos - analysts

Bitcoin's rise after setting an all-time high (on the night of August 14-15, the cryptocurrency's value jumped to $4482) will lead to an increase in the popularity of online casinos - analysts claim.

The value of an online casino account has risen significantly. Players who use bitcoin as their currency were able to see serious profits from their deposits after the price of the digital currency approached the $4500 per unit mark.

Players with a steady balance who haven't played in months or years could see their $100 turn into $80,000 or even more.

Some analysts argue:

This could lead to cryptocurrency casinos "becoming increasingly popular. The anonymity of bets and the potential value of bitcoin winnings make online gambling an extremely lucrative and attractive area for high stakes players. The open and transparent nature of transactions makes bitcoin casinos popular in so-called "gray markets" where countries' gambling laws can be unclear.

Source : http://newsofgambling.com/bitkoin-v-onlajn-casino/