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Bitcoin => Press => Topic started by: julz on January 23, 2013, 12:46:48 AM



Title: 2013-01-23 arstechnica.com/wired.co.uk - Bitcoin-based casino rakes in more than
Post by: julz on January 23, 2013, 12:46:48 AM
Quote
Bitcoin-based casino rakes in more than $500,000 profit in six months
SatoshiDice and bitZino are making waves in the grey-market gambling world.


Cyrus Farivar
2013-01-23

http://arstechnica.com/business/2013/01/bitcoin-based-casino-rakes-in-over-500000-profit-in-six-months/?utm_source=dlvr.it&utm_medium=twitter

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Recently, both SatoshiDice and bitZino released their financials. If these self-reported earnings are to be trusted (and the companies say they are, given that a Bitcoin block chain can be read by anyone), then running a Bitcoin-based casino yields a tidy profit.
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There's no denying Bitcoin is experiencing some level of current success.
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On top of that, some companies (like WordPress) are even starting to accept Bitcoin despite its questionable legality that's still off-putting to many investors and users. Despite the progress however, Bitcoin observers say the digital currency has a long way to go before it becomes mainstream.
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Article also appears on wired.co.uk with the title: "Bitcoin-based casino rakes in more than £300,000 profit in six months"
http://www.wired.co.uk/news/archive/2013-01/23/bitcoin