Goldman Sachs Reiterates Plan to Roll Out Crypto Assets: Bitcoin Loses 15 Percent of its Value in Past Week

Written by:
Guest
Published on:
Aug/06/2018

Goldman Sachs has reiterated it plans to roll out “crypto asset offerings” to clients in future in what Bloomberg describes would be a “boost for the burgeoning universe of funds betting on cryptocurrencies.”

“In response to client interest in various digital products we are exploring how best to serve them in this space,” a spokesman for the financial giant said.

Cryptocurrencies, which now account for as much as 80% of all online gambling transactions today, many of which now allow customers to receive payment within under an hour's time, showed some signs of mild recovery in recent days.  On the other hand, Bitcoin has lost nearly 15 percent of its value over the past week.

As of Monday morning New York time, the price of bitcoin was hovering just under $7000.

- Aaron Goldstein, Gambling911.com

Business/Financial News

Sports Book Near Pittsburgh

PA soon to offer online sports betting, but probably not for the 2018 Football season, though Pittsburgh area residents will have the luxury to bet sports at nearby Mountaineer Casino in West Virginia.

Can I Really Run My Own Sportsbook From the US?

With the US Supreme Court ruling against decades long sports betting prohibition, everybody with computer access and a pulse wants to start taking bets and today's Pay Per Head sportsbook solutions make the process easier than ever.

Agents Have A New Payment Solution to Connect & Collect Cryptocurrency

There’s a new way for bookie agents to connect and collect with their players. Cryptocurrency is already widely-popular with agents and players in the sports betting industry. Now, collecting and payouts just got simplified—Get the details here!

7 Easy Steps To Creating A Profitable Sportsbook Business

7 Easy Steps To Creating A Profitable Sportsbook Business

Want to to build a sustainable sportsbook business? Make the most revenue possible? Be your own boss? Good. All you need are these 7 steps to start to really build a profitable sportsbook business. Get the details here.

Betting With A Bookie

If youíre a person that likes to bet on sports there are a few options that you can utilize in order to make wagers, such as going to an actually Casino, finding an online sportsbook, or finding a local bookie. 

Syndicate