iGaming Business – Bitcoin gaming network BetCoin has launched two of its most popular games as applications on the new Hive Bitcoin Wallet for Mac OS X devices. Having only previously been accessible via the BetCoin website, the BetCoin Dice and BetCoin Prize Bitcoin titles can now be accessed by Mac OS X users directly from the Hive Bitcoin Wallet. Winnings are sent automatically to the same wallet so players are able to access funds instantly. Further games are due to be released on the Hive Wallet in the coming weeks. SOURCE

Fox News – The digital currency bitcoin — once used to facilitate online drug deals — now appears to be enabling people to get around regulations banning online betting. Predictious.com, a new company from Ireland, offers a “prediction market” that allows people to bet on everything from the U.S. presidential election to the Olympics and the Oscars. And it’s all made possible by bitcoins. Betting of this sort is a legal gray area in the U.S., where the federal Commodity Futures Trading Commission (CFTC) decided in a 2012 regulatory order not to allow prediction markets on the grounds that they…

The international legal online gambling industry is an estimated $30 billion market, and growing. More importantly for Bitcoin, it’s a global market that depends on fast, irreversible payments. Just like a ordinary casino chip in any land-based casino, digital bitcoin provides privacy, immediacy, and payment finality. Unlike most typical consumer purchases (where returns and charge backs are usually legitimate), a wager is a one-way transaction. Of course, you may be dissatisfied with the outcome, but that does not justify a reimbursement. The online gambling industry has struggled with this fact for years. Plagued by charge backs and fraudulent transactions, specialized…

There’s Bitcoin. Then there’s Big Brother. And you don’t need to be a particularly virulent pessimist to notice something phony about this glorious economic recovery we’re supposedly experiencing. All you need to understand is that since the 2008 crash, nothing has been done to address the terrifying underlying problem that got us there: governments — our government especially, since we are one of the most indebted in the western world — are spending far too much money we haven’t got on crap (from overgenerous welfare to HS2) we can’t afford. This can only end very, very nastily. So what possible…

From iGaming Business – Gambling website SatoshiDice has been acquired by an undisclosed buyer for $11.5m (€8.9m) in a deal paid for using virtual currency Bitcoin. According to pulse2.com, the deal is reported to be worth 126,315 Bitcoins. The website offers a blockchain-based betting game where wagers can be placed without access to the website or running client software. Users send Bitcoins to the website and it picks a number before the Ghost Of Satoshi then rolls a number and people that selected a number lower than the one on the dice win. Around 3.9m of the 5.3m bets placed…

From Gambling 911 A rep for Carbon Poker, the flagship Internet poker room on the Merge Gaming Network, has confirmed that the company is looking very closely at offering the anonymous digital currency Bitcoin as a payment option. “I know Merge have been looking into the validity of using BC as a funding and withdrawal method for quite some time now,” a Carbon Poker rep posted on the TwoPlusTwo.com posting forum. That same rep alluded to concerns over regulatory frameworks and controls, something that could soon be addressed with news that the Winklevoss twins, who famously alleged that Facebook Inc…