..

ESPN Online Gaming Allows Bitcoin Deposits, Withdrawals

Written by:
Aaron Goldstein
Published on:
Jul/28/2020

ESPN Global has now launched a blockchain-powered gaming platform.  Individuals will now be able to make deposits using Bitcoin and other cryptocurrencies.  One can also connect their Bitcoin Wallet to their bank account.


Start Betting Using Crypto Today at Bookmaker

The platform is also integrating an online treasure hunt, Satoshi’s Treasure, with $1 million worth of bitcoin to be split among 1000 winners.

Blockchain technology will decentralize verification and support for transactions inside the platform.

“Cryptocurrency payment specialist ‘Cryptopay’ is being used by ESPN Global, to make the process a lot simpler, swift and secure,” the company announced.

The mobile e-sports unit in UK falls under ESPN Global Corporation Ltd. which is headquartered in Poland.

ESPN Global director Mr. Chris Parker said of blockchain. “As per a research done by 3EA Limited, a global strategic management consulting group, e-sports and online gaming is a $140 billion global industry driven predominantly by digital micro-transaction economies, which we believe will benefit immensely from the integrity and resilience of the Blockchain technology."

The platform is in its "soft launch" stage.

“From the day we start our operations, we will be giving airdrops of SGTs to all registered players as a gift,” Parker said. He added that all players who lose money in any game or tournament will be compensated with SGT airdrops equivalent to the losses credited to their ERC wallets.

- Aaron Goldstein, Gambling911.com

Gambling News

First Things You Need to Know About Starting Your Own Online Sportsbook

First Things You Need to Know About Starting Your Own Online Sportsbook

The sports betting industry is, for sure, one of the biggest and most profitable you will ever find in the modern world. Betting on sports, casino games, horse racing, and other gambling products, have become one of the most popular hobbies and fun daily activities for millions and millions of people from all over the world, and if you can get in on it and run your own operation, then you will most probably start getting a good piece of the pie. 

Gambling Company Stocks Tanking, Calls for Ban on Team Sponsorship Deals

Gambling Company Stocks Tanking, Calls for Ban on Team Sponsorship Deals

Investors appear concerned over Penn National's “free” customer acquisition through the Barstool brand, and DraftKings spend to acquire its customers.

Sports Betting Set For Explosive Growth in 2021:  CEOs Share Outlook

Sports Betting Set For Explosive Growth in 2021: CEOs Share Outlook

Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: MGM Resorts International (NYSE: MGM), FansUnite (OTC: FUNFF) (CSE: FANS), fuboTV (NYSE: FUBO), and DraftKings (NASDAQ: DKNG).

Can Weed Help Build Atlantic City?

Can Weed Help Build Atlantic City?

Rebuilding the iconic Atlantic City Boardwalk to enable it to survive future severe storms; improving the look of the city’s main downtown business districts; helping people in underserved communities, and embracing the “blue economy” of the ocean are among recommendations from a state-appointed panel studying ways to improve the seaside gambling resort.

Poker Player, Sports Bettor Jailed for 14 months in $1million Tax Evasion Case

Poker Player, Sports Bettor Jailed for 14 months in $1million Tax Evasion Case

A Connecticut sports bettor and part-time poker pro has been sentenced to 14 months in prison for evading taxes on more than $1million of poker gambling winnings.  He must also pay back more than $800,000.

Syndicate