Companies That Accept Bitcoin – Including Online Gambling

This week, NASDAQ.com released a listing of companies that accept bitcoin and these mainstream (some not-so-mainstream like Virgin Galactic perhaps) are listed below.  But we also list online gambling companies that currently accept the anonymous digital currency as of February 1, 2014.

Submitted by Aaron Goldstein on,

Wynn Approved for Online Gambling License in New Jersey: Uncertain of Plans

ATLANTIC CITY, N.J. (Associated Press) - In the decades since he left Atlantic City for the more prosperous sands of Las Vegas, casino mogul Steve Wynn has repeatedly considered a return here, only to decide against it.

This may be another one of those instances.

New Jersey gambling regulators have approved Wynn to offer an Internet gambling site in the state where he once ruled the roost. But a Wynn spokesman said plans by Wynn Interactive to offer online gambling in New Jersey are on hold as it studies the fledgling market.

Submitted by Associated Press on,

Super Bowl 48 a Success for Vegas, Bookmakers

The final tallies are out and Super Bowl 48 turned out to be a big win for Las Vegas sportsbooks and offshore bookies.

Gambling911.com had already discussed how the largest bets had money coming in on the Denver spread and UNDER 47.5, both of which went in favor of the bookies.

Submitted by C Costigan on,

WagerHome Tools Make Customer Management Easier For ALL Pay Per Head Agents

Anyone who is running a sports betting service, or is aspiring to do so, and wants to enter the 21st-Century way of doing business is going to want his or her players to have access to a genuine sportsbook interface, just like the "pros" use. That is possible through the phenomenon of "Price Per Head," or "PPH," and nobody in this business does it quite like WagerHome.com.

Submitted by C Costigan on,

WSOP Main Event 2014 May Have $10 Million First Place Prize

World Series of Poker officials may have accidentally leaked that their will be a $10 million guaranteed 1st place prize awarded to the winner of the WSOP 2014.

If true, this would be the second largest cash prize given out during the main event.

Submitted by Ace King on,

Mobile Wagering to Grow in 2014

The desktop computer could soon be a thing of the past, as mobile traffic starts to dominate all over the world. Social network media giant Facebook that only recently started mobile advertising in the past year, rocked the business world with Mobile MAUs growth of 45 percent over the last year (to 874 million in Q3 2013 from 604 million in Q2 2012) — these include both those who are using mobile exclusively for Facebook, and those who are using mobile at some point in the month in addition to desktop. 

Submitted by Payton on,

China Gambling Propels Wynn's 4Q Profit

LAS VEGAS (Associated Press) — Wynn Resorts Ltd. said Thursday that its fourth-quarter profit nearly doubled on gains in Macau, the only place in China where casino gambling is legal.

Net income for the October-December period came to $213.9 million, or $2.10 per share, from $111.4 million, or $1.10 per share, in the same months in 2012.

Excluding special items, Wynn made $2.27 per share. Analysts polled by FactSet expected $1.72 per share.

Submitted by Associated Press on,

More Major Retailers Poised to Start Accepting Bitcoin in Wake of Overstock Success

On the heels of Overstock.com, the Sacramento Kings, two Las Vegas casino establishments and the popular online poker room Americas Cardroom each now embracing the anonymous digital currency bitcoin, other major retailers are about to follow suit.

Submitted by Aaron Goldstein on,

Canada Using Super Bowl to Help Promote Legalizing Sports Betting

(Canadian Press) - Supporters of proposed federal legislation that would legalize single-event sports betting are using this weekend's Super Bowl XLVIII to pressure senators to give final approval to a private member's bill.

Submitted by Canadian Press on,

Caesars May Bid for Revel Casino

(Bloomberg) - Caesars Entertainment Corp. is considering making a bid for Revel Casino Hotel, the Atlantic City, New Jersey, property that went through bankruptcy last year, according to people with knowledge of the situation.

A bid from Caesars isn't certain, said the people, who asked not to be named because deliberations are private. Offers for the property, which opened in April 2012, are due in two weeks, and no negotiations are under way, they said.

Submitted by C Costigan on,

Wynn Resorts Scheduled to Report Quarterly Results

Wynn Resorts (NASDAQ:WYNN) will announce its earnings results on Thursday, January 30th.

Shares of Wynn Resorts (NASDAQ: WYNN) opened at 197.15 on Wednesday. Wynn Resorts has a 52 week low of $113.39 and a 52 week high of $216.99. The stock’s 50-day moving average is $195.5 and its 200-day moving average is $163.. The company has a market cap of $19.850 billion and a P/E ratio of 31.05.

Submitted by Aaron Goldstein on,

Super Bowl 48 Live In-Play Betting Comes Into Its Own This Year

Bookmaker, the oldest existing North American-facing online sportsbook established in 1986, developed what is arguably the best live wagering platform on the planet and they’ll be putting this to good use with Super Bowl 48 live in-play betting expected to yield record results.  If you are reading this during the big game, be sure to join here now to take full advantage of the live betting experience.

Submitted by C Costigan on,

Neteller customers Targeted in Phishing Scheme

Customers of the popular online wallet Neteller were targets of an apparent phishing scheme, it was revealed this week.

Numerous customers received emails over the weekend notifying them that their accounts would be closed if they did not provide pertinent personal details.  Those emails turned out to be fake.

The email appeared as such:

Dear [e-mail address]

Submitted by Jagajeet Chiba on,

Hearing on Bitcoin Turns Into Discussion Regarding Shortcomings of Banks

A Tuesday hearing about the anonymous digital currency bitcoin turned into a forum on the shortcomings of the traditional banking system.

Submitted by Aaron Goldstein on,

Bitcoin Exec Charged With $1 Mil in Money Laundering Out on $1 Mil Bail

Charlie Shrem, CEO of one of the largest bitcoin exchanges BitInstant, was released on $1 million bond Tuesday for his alleged role in money laundering tied to the notorious Silk Road website.

Submitted by Aaron Goldstein on,

Satoshi Square Becomes Gathering Spot for Bitcoin Traders on Wall Street (Video)

Every Monday night, Bitcoin traders holds a meet up called Satoshi Square, named in honor of Satoshi Nakamoto, the mysterious creator of Bitcoin, in which participants exchange virtual currencies for U.S.dollars. Previously, these meetings took place in a Whole Foods market on the Lower East Side of Manhattan.

Submitted by C Costigan on,

Bitcoin Price Crosses $1000 Threshold Again: Leading Exchange Exec Arrested

Bitcoin prices rose above the $1,000 (€731, £606)-mark once again Monday, peaking at $1,038 on Tokyo-based MT Gox bitcoin exchange.  This essentially countered the negative effects of a sell-off in emerging markets.

Submitted by Aaron Goldstein on,

New Bitcoin Sportsbook CoinBet Debuts in Times Square: Hot or Dangerous Trend in 2014

A new bitcoin-only sportsbook made its debut smack in the middle of Times Square this past week, advertising on the Reuters interactive billboard.

Coinbet.cc is one of the newest online gambling sites to enter the lucrative bitcoin Web gaming market.  This appears as if it will become a pretty significant trend as we move forward into 2014.

But it could prove to be a dangerous one as well.

Submitted by Aaron Goldstein on,

Delaware’s Foray Into Online Gambling Arena: Casinos Don’t Have a Clue

Three states entered the world of real money online gambling last year – Nevada, New Jersey and Delaware.  Nevada was first, New Jersey has proven the most successful and tiny Delaware, well…..

Submitted by Aaron Goldstein on,

Pennsylvania Explores Online Gambling, Keno

HARRISBURG — (Associated Press) - With top Pennsylvania state lawmakers and Gov. Tom Corbett seeking ways to plug a projected budget deficit, they are considering expanding lottery gambling and, possibly, legalizing online gambling.

The Senate Finance Committee will hear testimony Wednesday that focuses partly on adding keno to the Pennsylvania Lottery's game lineup.

Submitted by Associated Press on,

Ezugi launches Uplay1’s Live Hybrid Black Jack: Allows Unlimited Players at Table

Ezugi, the innovative live dealer gaming system provider, today announced it shall be integrating a Hybrid Black Jack solution to allow unlimited players at a black jack table and increase operator’s revenues.

The agreement with Uplay1™, a gaming intellectual Property Company enables Ezugi’s clients to offer live Black Jack that was previously limited to 7 seats per table to be available to unlimited players with a mix of higher and lower bet minimums and enhanced gaming engagement.

Submitted by Press Release on,

Feds Say Paddy Power Rodman Sponsored North Korea Trip Violated Sanctions

The US Treasury Department contends that former NBA star Dennis Rodman’s recent visits to North Korea may have been in violation of sanctions against the so-called “Hermit Kingdom”.

Submitted by Gilbert Horowitz on,

Royalty Free Video, Music Downloads Set to Cripple Netflix: Antigua Fights Back

The tiny island nation of Antigua is set to launch its royalty free video and music site, Gambling911.com is learning.  The move is in response to the US failure to abide by a World Trade Organization decision related to online gambling.

BetOnline

Submitted by Alejandro Botticelli on,

7Red.com Becomes Latest Online Casino With Live Dealers

7Red.com, which recently named former Heavy Weight Champion Mike Tyson as its brand ambassador, is the latest online casino to incorporate live dealers.  And who knows?  Maybe you’ll get to play along side Iron Mike.

Submitted by Press Release on,

PayNoRake.com Review is In and the Feedback Has Been Super Positive

The new management of the Chico Poker Network are thrilled to announce that, after their acquisition of the network almost a year ago, the feedback that they are receiving from affiliates and players alike is very positive, particularly with regards to their unique rakeback brand, PayNoRake.com, which is fast becoming the online poker room of choice for poker players and affiliates alike!

Submitted by Press Release on,

Cubeia Online Poker Network Latest to Incorporate Bitcoin

The latest online gambling company to begin accepting bitcoin transactions is Swedish-based Cubeia, an Internet poker network.  They follow in the footsteps of Americas Cardroom, which announced two weeks ago they too have begun offering the anonymous digital currency as a payment alternative.  

Submitted by Aaron Goldstein on,

New Jersey Online Gambling: Steve Wynn Wants in and Getting Waiver

John Brennan of the Bergen Record is reporting that casino mogul Steve Wynn is about to get a waiver to enter the New Jersey online gambling marketplace.  He was not among the original applicants.

Brennan writes:

Submitted by Nagesh Rath on,

Full Tilt Poker Claims Administrator Approves $82 Million in Funds to 30k Players

The claims administrator overseeing payment of Full Tilt Poker funds has approved release of $82m in funds to approx 30k players, the Poker Players Alliance reported late Wednesday. 

The US Department of Justice placed the Garden City Group in charge of paying out those customers owed millions of dollars by Full Tilt Poker following a 2011 indictment.  FTP exited the US market and failed to pay American players.  They were eventually shut down several months later. 

Submitted by C Costigan on,

Daily Beast: Cantor Gaming CEO Lee Amaitis 'Bromance' With Billy Walters Lead to Probe

Following news last week that CG Technology, formerly Cantor Gaming, having settled with the Nevada Gaming Control Board for $5.5 million following an 18-page complaint lodged against that company, the Daily Beast speculated as to why CEO Lee Amaitis remains at the helm.

Submitted by Alejandro Botticelli on,

PokerStars, Bodog May Be Given Green Light by Feds to Accept US Customers

In a shocking new development, the website CalvinAyre.com is reporting that the US Department of Justice will begin to take on a new approach in dealing with those online gambling operators who once took bets from US citizens.  The feds are reportedly now accepting corporate pleas and fines to resolve all outstanding charges.

Submitted by Jagajeet Chiba on,

Breaking News

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