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Title: How gambling regulations in Europe may affect Bitcoin Post by: tyz on September 03, 2017, 02:50:25 PM Right now, many countries in Europe are making changes to their gambling regulations to protect their residents.
These changes in gambling regulations across Europe are having a seriously negative impact on the industry as a whole, and the operators have had to find alternative ways of survival. One main way is to use bitcoin, which keeps the identity of the gamblers anonymous and bypasses state regulations. This is also perhaps going to be the main way operators stay afloat because the regulated entities are having a hard time making profits. Therefore, more gambling operators may opt for bitcoin, which is going to increase their profits. Even the gamblers themselves may prefer to use bitcoin, since it also safeguards their interests. (Source (https://www.cryptoninjas.net/2017/09/01/gambling-regulations-europe-may-affect-bitcoin/)) |