WinPoker Becomes First Major Gambling Operator To Adopt Bitcoin

forbes.com 13 Mar '13, 4pm

WinPoker Becomes First Major Gambling Operator To Adopt Bitcoin

WinPoker has structured the process so that players choosing to utilize the bitcoin payment method do not also assume currency risk along with the inherent risk of casino gambling. Therefore, all bitcoin deposits convert into the user’s account currency (USD, EUR, or GBP) at the current market rate without currency conversion fees and then funds are credited to the player account within minutes. When processing a withdrawal, funds are converted back into bitcoin is credited to players’ bitcoin e‐wallets. No currency conversion fees are charged at any point in the process.

Full article: http://www.forbes.com/sites/jonmatonis/2013/03/13/winpoke...

Tweets

@DiamondStream1 » 25 Mar '13, 3pm
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» 13 Mar '13, 7pm
First major gambling operator to accept #bitcoin - great article by Jon Matonis at #Forbes [link]
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