NetBet becomes UK’s first gambling operator to accept bitcoin

[The Buzz]

Bitcoin payment processing firm BitPay announced that NetBet has become the first UK-licensed gambling merchant to begin accepting bitcoin for bets in its online sports betting platform and casino.

[NetBet] decided to start accepting bitcoin to reach the growing digital currency user base in the U.K. (the United States and other restricted countries are not included). Since bitcoin is new to the regulated gambling industry in Europe, BitPay stated it worked closely with NetBet to ensure that the addition of this new payment method meets their existing UK Gambling Commission regulatory requirements. NetBet customers will now have the option to use bitcoin to load their online account funds in seconds.

Read more here from Yogonet.com: http://www.yogonet.com/international...accept-bitcoin