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Title: [2015-07-28]Growth in Bitcoin Gambling Continues at Pace Post by: kori on July 28, 2015, 07:46:20 AM The online gambling industry is undergoing sustained growth and it is estimated that it will be worth £41.2 billion by the end of 2015. It currently only accounts for around 10% of the entire gambling industry, but with the growth of mobile gaming, there is clearly huge potential. Secure Trading cites mobile gaming, social gaming, and bitcoin currency as the three online gambling trends for 2015 and beyond, and the three are very much intertwined.
The early part of 2015 has seen a continuation of this theme, and despite various challenges, the online gaming industry and the fledgling bitcoin industry appear to be a match made in heaven for a number of reasons. Sustained Growth The bitcoin network only began six years ago in 2009, and research by bitcoin exchange Coinsetter estimates that 1 in 5 bitcoin transactions over the first five years were related to online gambling. More recent figures from Coinometrics suggest that up to 40% of all current bitcoin transactions are associated with gambling, and it’s clear that the gaming industry has helped to drive the bitcoin industry. read more http://www.coinspeaker.com/2015/07/26/growth-in-bitcoin-gambling-continues-at-pace-10995/ |