Sentences with phrase «online gambling system»
The Independent adds blandly: «An in - flight online gambling system is also being considered.»
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In a letter to the bill's sponsors, the group's president Charlie Caputo endorses the move, writing it would create a carefully regulated system of online gambling.
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Since credits or a «price» can be earned, a license would be required, but a licensing system isn't active yet for online gambling games.
For the online gambling industry, cryptocurrency's appeal lies in its promise to cut out the middlemen, along with their outrageous fees, and help secure transactions with the distributed ledger system for decentralized transactions with massively lower fees.
While the main sales pitch of Bitcoin has always been that it allows users to route around governments and banks to create a new, decentralized financial system, one online gambling site, known as BitKong, is now offering a feature of traditional banking to their users: savings accounts.
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