Category Archives: Gambling

War of Life Closing

Posted on by

Parimutuel wagering game War of Life operating as S.WOL published their closing statement today. War of Life offered wagering based on the outcome of cellular automaton simulations. A distinguishing feature of War of Life was that it offered a more nuanced system of bet weighting than simple time weighting could offer. Shareholders will be issued a one time payment of 2978 satoshis per share which reflects the present book value of the venture. The clean closure of War of Life follows the example set last year when Satoshi Dice ended their public security and went private.

As IPO Fails, Breakout Gaming Plan A Bait And Switch

Posted on by

After the failed Breakout Gaming ICO managed only to raise 80.71 BTC of the 10,000 BTC they were aiming for, the team behind the coin are planning to pull a bait and switch in hopes of salvaging what's left of the non-existent casino. Some of poker's biggest names, such as David Benyamin, Todd Brunson and Johnny Chan have been used to promote the coin and gaming network. Continue reading →

GoCoin Gets Cozy With iGaming Operator

Posted on by

GoCoin today announced its agreement with Cozy Games1, a Malta based iGaming operator which provides a suite of white label products such as slots, bingo, table and networked jackpot games amongst other gambling services for online casino operators. The partnership with GoCoin will enable Cozy Games to accept Bitcoin, Litecoin and Dogecoin deposits. Continue reading →

  1. Which uses what is by far the most frustrating method of navigating a website I have ever seen. Kill me now. ↩

Spain to Issue More Online Gambling Licenses

Posted on by

With Spain's Gaming industry facing declining fortunes, regulators seek to issue more online gambling licenses. Spain notably has the highest tax on Gross Gaming Revenue in Europe and a number of established online betting operations in Spain have been relinquishing their licenses due to cost. El Ministerio de Hacienda y Administraciones Publicas has ruled in that past that they suppose online gambling operations in Bitcoin ought to apply for licenses when they operate in Spain.