“Bitcoin gambling has been around for as long as the currency itself, which was created in late 2008. In fact, the timing couldn’t have been better. Two years earlier, Congress passed the Unlawful Internet Gambling Enforcement Act, which prohibited casinos from accepting payments for bets made online. The move pushed online gambling into the corners of the Deep Web, where users are protected by the Tor browser. And it created a high demand for online gambling sites based in Europe and Canada, where the practice is legal. In both cases, Bitcoin makes an ideal currency for bets placed, due to its anonymous nature and its low payment-processing costs.”
http://www.dailydot.com/business/bitcoin-gambling-just-dice-video-casino/
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