BitCasino.io, which claims to be the world’s first legally licensed and regulated online Bitcoin-only casino gaming operator, has announced the launch of its sportsbook for the new English Premiership football season commencing 8th August 2015.
The new bitcoin sportsbook will provide over 10,000 live betting markets per week, including popular fast-developing betting sports such as MMA and eSports.
A spokesperson for BitCasino.io said: “We have over 100,000 Bitcoin players and many of them have been asking for the ability to place sports bets with our brand. This new sportsbook allows our players, the ability to place larger bets on sporting events with better odds, instant deposits and cash-outs compared with fiat based operators.
“To celebrate the launch of our new sports book, we have a competition to win 20,000 mBTC. It is open to new and existing players, who shall compete in a prize pool to correctly name the football team that scores the most goals during the first weekend of the English Premiership. For more, details please visit our website.”
BitCasino.io operator Kopikas Enterprises d.o.o. has been granted a gambling licence to conduct online gaming operations by the government of Montenegro under the License# 0042 for the website BitCasino.io.
Bitcoin betting has been in the news of late. Last month the UK Gambling Commission wrote to gambling operators using bitcoin-only websites to warn them that far from being outside the law as has been suggested in some quarters, the digital currency is actually covered by the UK’s gambling regulations. Gambling Commission CEO Jenny Williams said: “The Commission neither prohibits nor encourages bitcoin – we are interested only in ensuring the proper regulation of gambling products consumed in Britain.”