CoinBet Brings Legal Online Gambling to the US
Americans who enjoy, or are desperate to try, real-money online gambling, will be pleased to hear that CoinBet has launched a new online casino. It means that CoinBet has become the first fully licensed gaming operator to bring legal online gambling back to the US.The casino uses a unique platform that enables US based players to legally move US dollars in and out of their accounts using bitcoin. Many are calling the site the most private gambling site possible thanks to an anonymous registration option which just asks for an email address and password.
The site is able to operate as bitcoin isn’t officially recognized as a currency by the US government. Therefore, gambling with bitcoins is not an illegal action according to the Wire Act or Unlawful Internet Gambling Enforcement Act.
Furthermore, CoinBet is the first online casino and sportsbook ever to instantly process cash payouts for players. As the Senior Vice President, John Bauer, said, “Effectively, this means that you can place a wager before, or even during a game, and have your cash winnings hit your e-wallet before your team has even left the field!”