02-22-2015 Bitcoin’s Market Share In Online Gambling Keeps Growing

[srgkrgkj]

http://www.btcfeed.net/news/bitcoins-market-share-online-gambling-keeps-growing/

[bryant.coleman]

An increase from 0.1% to 0.2% is as good as nothing. Actually I am pretty disappointed at the level of Bitcoin adoption in the online gambling sector.

[Black Arrow]

Actually I am pretty disappointed at the level of Bitcoin adoption in the online gambling sector.

+1
Me too. Especially since slow, cumbersome, and expensive payment processing is one of the biggest weaknesses of online gambling sites. Bitcoin seems like it would be such a natural solution.

[Swordsoffreedom]

An increase from 0.1% to 0.2% is as good as nothing. Actually I am pretty disappointed at the level of Bitcoin adoption in the online gambling sector.

Well reading the article I didn't even notice till now that Seals With Clubs shut down suddenly that is a surprise
Agree with you though that that market share is tiny as heck and hardly worth a mention yet
When we see 1% then maybe it will start scaling but as it is that is a very small share, but a large market to grow into.

[Mr Tea]

An increase from 0.1% to 0.2% is as good as nothing. Actually I am pretty disappointed at the level of Bitcoin adoption in the online gambling sector.

Give it time and I'm sure the gambling industry will get involved - both legal and illegal. Casinos and Sports betting sites are really missing out because the fees a lot of payment processors like Paypal and Skrill and Western Union charge are quite a lot and can take quite a long time to process. With bitcoin they get instant deposits and next to zero fees. There's also the advantage of allowing users to gamble in countries where it is illegal to do so.