New online casino
CoinBet brings legal online gambling to US
2014-01-27
Reading time 36 seg
(US).- CoinBet has launched a new online casino. The casino uses a unique platform that enables US based players to legally move US dollars in and out of their accounts using bitcoin. It means that CoinBet has become the first fully licensed gaming operator to bring legal online gambling back to the US.
Many are calling the site the most private gambling site possible thanks to an anonymous registration option which just asks for an email address and password.
The site is able to operate as bitcoin isn’t officially recognized as a currency by the US government. Therefore, gambling with bitcoins is not an illegal action according to the Wire Act or Unlawful Internet Gambling Enforcement Act.
Furthermore, CoinBet is the first online casino and sportsbook ever to instantly process cash payouts for players. As its Senior Vice President, John Bauer, said, “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!”
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