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Topic: 2013-01-23 theverge.com - Bitcoin-funded online casino turned a $572,000 profit (Read 853 times)

legendary
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Quote
Nathan Ingraham
2013-01-23

What, is Adrianne too good to cover Bitcoin stories anymore?
legendary
Activity: 980
Merit: 1020
While there's no question that these numbers don't come close to the business a standard casino might do, it seems that Bitcoin has at least provided a way for online gamblers to get back into the game. Whether this strategy will clash with Bitcoin's attempts to go mainstream remains to be seen.

There is no "Bitcoin's attempts to go mainstream remain to be seen". There is a bitcoin coalition of some sort, vague and hard to define. Their common interest is in furthering bitcoin's spread for profit and glory. They do not agree on everything, do not share political ideology, etc.
legendary
Activity: 1092
Merit: 1001
A spinoff article from the recently reported arstechnica article: https://bitcointalksearch.org/topic/2013-01-23-arstechnicacomwiredcouk-bitcoin-based-casino-rakes-in-more-than-138104

Quote
Bitcoin-funded online casino turned a $572,000 profit after six months of operation

Nathan Ingraham
2013-01-23


http://www.theverge.com/2013/1/23/3906910/bitcoin-online-casino-turned-a-572000-profit-after-six-months

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The digital currency known as Bitcoin has recently found a home in online casinos as a way to circumvent the government's crackdown on digital gambling.
...
While there's no question that these numbers don't come close to the business a standard casino might do, it seems that Bitcoin has at least provided a way for online gamblers to get back into the game. Whether this strategy will clash with Bitcoin's attempts to go mainstream remains to be seen.
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