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bitcoin slot machine from BetCoin could shake up gambling industry

BetCoin has a new online slot machine that accepts bitcoins, providing gamblers another currency to use online
| Business, Financial & Legal News | Posted: May 24, 2014 11:17 pm

Online gambling website BetCoin has unveiled the BetCoin Reels online slot machine, a "provably fair" 5-line slot machine. Much to the dismay of governments already concerned of bitcoin-related money laundering, it looks like gambling will continue to push the cryptocurrency forward.




"The company is not resting on its laurels, however, and new games and new features are already in development," noted BetCoin officials.


BetCoin has four online bitcoin-themed "gaming" products that include instant payouts and 3D graphics, as online gambling websites scramble to accept bitcoin currency payments. There are a growing number of online websites that accept bitcoins, featuring poker, blackjack, roulette, and other popular casino games.


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