{"id":1772,"date":"2016-08-25T11:33:56","date_gmt":"2016-08-25T16:33:56","guid":{"rendered":"https:\/\/www.onlinepokeramerica.com\/?p=1772"},"modified":"2019-11-26T22:31:32","modified_gmt":"2019-11-26T22:31:32","slug":"tonybet-com-adds-bitcoins-payment-method-ukgc-accepts-cryptocurrency-transaction-option","status":"publish","type":"post","link":"https:\/\/www.onlinepokeramerica.com\/news\/tonybet-com-adds-bitcoins-payment-method-ukgc-accepts-cryptocurrency-transaction-option\/","title":{"rendered":"TonyBet.com Adds Bitcoins as Payment Method and UKGC Accepts Cryptocurrency as Transaction Option"},"content":{"rendered":"
Tony G, poker pro, businessman and TontBet.com owner, has added Bitcoin as a payment option to his site. The sports book, poker and casino site is collaborating with a pre-fab Bitcoin e-wallet, SpectroCoin.<\/p>\n
Recently, the UK Gambling Commission (UKGC) has accepted digital currencies, such as Bitcoin, as an adequate \u00a0transaction form for the sites with an UK license. Crypto-currencies won\u2019t be allowed until October 31, but it is a\u00a0 first an official regulator of the UKGC\u2019s statures has allowed a digital currency as an acceptable transaction method.<\/p>\n
Curacao was the first gaming dominion that accepted Bitcoins as a payment method for its licensed sites. Isle of Man Gambling Supervision Commission and the Malta Gaming Authority are also reviewing the use of crypto-currencies, not only Bitcoins.<\/p>\n
According to Warren Lush, TonyBet spokesman, accepting digital currencies as a deposit modalities has helped increase the number of recreational players from countries where the governments are more strict on how much money can be taken out.<\/p>\n
\u201cWe saw a dramatic increase in recreational punters and poker players, especially from the Asian countries, who have been struggling to transfer their funds before,\u201d Lush said.<\/p><\/blockquote>\n
Expanding<\/h3>\n
Even though Bitcoins will be allowed as deposit and withdraw modality, betting in more familiar currencies, like euros and pounds will still be the norm at the Tony G site.<\/p>\n
TonyBet claims that this on-table conversion from a digital currency to more familiar currencies is what distinguishes the site from its iGaming peers.<\/p>\n
Besides expanding its deposit\/withdrawal methods, TonyBet will also expands its range of lottery options, table games and slots after a deal with software provider NYX Gaming.<\/p>\n
TonyBet is following a trend in the iGaming industry, trying to diversify its platform and focus increasingly on casual players. One of the best way to attract new players from a variety of demographics is offer alternative payment options.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"Tony G, poker pro, businessman and TontBet.com owner, has added Bitcoin as a payment option to his site. The sports book, poker and casino site is collaborating with a pre-fab Bitcoin e-wallet, SpectroCoin. Digital Currencies Recently, the UK Gambling Commission (UKGC) has accepted digital currencies, such as Bitcoin, as an adequate \u00a0transaction form for the […]","protected":false},"author":9,"featured_media":1773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headline"],"acf":[],"yoast_head":"\n
TonyBet.com Adds Bitcoins as Payment Method and UKGC Accepts Cryptocurrency as Transaction Option - Online Poker America News<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\t\n\t\n\t\n