Thursday, September 7, 2017

Is Sports & Casino Gambling With Bitcoin Legal?

Sports and casino gambling is legal in some parts of the world, and the same comes for using the Bitcoin virtual currency.  Many online casino review sites say that "Bitcoin is legal and casino gambling is legal" but that is far from the truth!  The fact is you need to consult an attorney and find the online gambling laws and the laws about using Bitcoin in your country, state, and province.  Do your research before you join any USA Bitcoin casinos.

Where Can I Play Online Casino Games With Bitcoin?

The purpose of this article is to point out that people have to do their research and find out about the legalities of sports gambling, casino gambling as well as using the Bitcoin virtual currency.  We are going to use the United Kingdom as an example for online casino gambling and sports betting.  The United Kingdom has made mobile sports betting and online casino gambling legal over the past decade.  People can play online casino games for real money and bet sports on the Internet with licensed and legal UK casino and Sportsbooks.  The key to the last sentence is "Licensed and Legal."
USA Bitcoin Casinos

The is a hefty fee to obtain and keep an online gambling license in the United Kingdom. Most of the online casinos that claim to be licensed in the UK are not. Make sure that you do your research before signing up with any online casino in the United Kingdom. 

I am not sure if Bitcoin is legal in the United Kingdom.  I believe The European Union legalized and regulated the Bitcoin digital currency, but I am not one hundred percent sure. It is best to do your research wherever you live as you do not want to break to law.

Online Casino Gambling WIth Bitcoin In The United States

Bitcoin casinos are all over the Internet, and some of them look very good.  My friend lives across the pond and said she found great USA Bitcoin casinos over here.  The Play Slots 4 Real Money site has a list of USA Bitcoin casinos, but I am not sure if it is legal to play online casino games for real money using Bitcoin.

She told me that the United States of America has different online gambling laws for each state. I am not sure if that is true, but she also went to say that Bitcoin is legal in some states, but not others in the U.S.  According to her statement that she lives in allows her to play online casino games for real money using the Bitcoin virtual currency.

I have thought about investing in Bitcoin but have never thought about joining a Bitcoin casino.  I can see from the Bitcoin charts that investors have made a lot of money trading Bitcoin over the years.  I would imagine that real money casino gamblers from the United States of America got in on some of the Bitcoin investments.

The United Kingdom is very different from the United States of America in many ways.  Online gambling and Bitcoin are two ways that the UK differs from the US.  Before you join USA Bitcoin casinos make sure it is legal, so you do not get in trouble.

No comments:

Post a Comment

Type your comment here.