“Betters like Bitcoin because they receive their winnings right away. There are no bank wires or deposits to wait on because Bitcoin is itself a payment processor.  And in the same way the Internet breaks down international boundaries, the uniformity of Bitcoin enables international gambling without the hassles of currency exchanges.  The clearest anti-gambling laws regulate payment processors (like credit card companies and banks) that would funnel winnings from the operators to the betters. But Bitcoin is a decentralized payment processing system. So there’s no person or organization to prosecute.”

http://www.pbs.org/newshour/updates/bitcoin-gambling-sites-fly-regulatory-radar/

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