Crypto casinos: How bitcoin opened up a new online gambling world

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Crypto casinos: How bitcoin opened up a new online gambling world
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Internet casinos that offer users a way to gamble using cryptocurrencies are booming, sidestepping regulations while operating and advertising with near impunity.

on how to use a virtual private network to access sites that block people coming from particular countries. Sponsored content on the websites of several U.S. media companies, including Orlando Magazine, Men’s Journal, TheStreet.com, Mercury News and others, have recently promoted rankings of the best crypto casinos. Most of the websites promoted in those posts explicitly prohibit people in the U.S. from playing.

Costello said the American Gaming Association has raised concerns with the U.S. government but hasn’t had much luck. “Crypto gambling is just piling risk on top of risk,” Whyte said. “They are unregulated, and so they are likely to be unscrupulous operators with little or no consumer protection.

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