Sentences with phrase «for online gambling operators»
Matonis has been a long - time advocate of Bitcoin and how adopting the currency can serve as a «competitive wedge» for online gambling operators across the globe.
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There's simply nothing that has so democratized the online experience for both gambling operators and gamblers.»
Although the regulation and concession of licenses has cleaned up the panorama of online gambling, in the report «we clearly present one piece of unquestionable data: unauthorized websites are still open; they create unfair competition for operators who are legally authorized to offer their product in Spanish territory and, in addition, they cause a major loss of revenue for the Government,» denounces Professor Cases.
New regulations for online gambling were enacted on 1 April 2017, requiring international operators to apply for sports betting licences.
Kerstholt elaborated on this deal and what a big step it was for the online gambling industry, indicating that operators are finally beginning to recognize customers want the option of spending and receiving in Bitcoin.