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Latest Bitcoin Casino News: BetKing Relaunch, CashBot Cashes in on WSOP

Written by:
Guest
Published on:
Jul/11/2017

Online cryptocurrency casino BetKing on Tuesday announced a relaunch on its new platform set to occur August 7, 2017.

BetOnline now proudly accepting Litecoin – Click Banner Above

An ICO campaign is set to take place August 7, 2017, and go on until September 4, 2017. The BetKing ICO will offer investors and patrons an opportunity to support the relaunch by purchasing BetKing Bankroll Tokens.

The soon to be launched updated version of BetKing will offer new, provably fair casino games like Blackjack and Roulette while supporting Ethereum and Litecoin. 

BetOnline now proudly accepting Litecoin – Click Banner Above

 

BetOnline now proudly accepting Litecoin – Click Banner Above

Online Cryptocurrency Casino BetKing Set to Relaunch New Platform Following the ICO, Starting August 7, 2017

CryptoCoinsNews July 11

With this year’s World Series of Poker Main Event now the third biggest in history, and biggest since 2010, many companies are looking to cash in.  These include those in the Bitcoin space.

CashBot, a bitcoin trading operation, is offering to convert WSOP players’ cash winnings to the cryptocurrency for a 7.9 percent fee. Losers needing more cash can sell their bitcoin to CashBot for a 5.9 percent fee.

“Poker players can run into liquidity issues while traveling,” said Alex Pryor, a WSOP player who founded CashBot last month.

Pryor said clients have mainly been converting sums more than $10,000. Peter Klamka, owner of Bitcoin Direct LLC, said monthly turnover at his bitcoin ATM near the Rio rises to about $50,000 from $20,000 during the WSOP period.

Businesses hope to cash in at World Series of Poker in Las Vegas

Las Vegas Review Journal July 11

Business/Financial News

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Cathie Wood Backing Sends Bitcoin Back Above $50K

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Craig Wright Begins Landmark Legal Action Against Bitcoin Developers, Others

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Bitcoin and Ethereum Prices 'Seem High,' Says Musk

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Bitcoin Flirting WIth $54K: Hits $1 Trillion Market Cap

Bitcoin Flirting WIth $56K: Hits $1 Trillion Market Cap

The price of Bitcoin continued to rise Friday morning, peaking around the $57000 mark Saturday before dipping slightly. The cryptocurrency is currently used for more than 80% of transactions with online gambling sites operating in restrictive markets.

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