MONTH
GETTING SHIRTY
A player from Parramatta
Eels sports a Unibetsponsored shirt after the
Australian National Rugby
League team recently
signed a two-year
sponsorship deal with
the operator
CAN BITCOIN BE THE
FUTURE OF EGAMING
PAYMENTS?
STUART HOEGNER
QUOTE OF
THE MONTH
“I think the industry is
ripe for consolidation
– there’s more
taxation and there are
companies that are
short of scale. If people
want to talk to us, they
know where I am”
GVC chief executive Kenneth
Alexander, see Q&A p25
ATTORNEY WITH GAMING COUNSEL
Stuart Hoegner, an
attorney with Gaming
Counsel, discusses the
prospects for the use of
bitcoins in US gaming
Bitcoin is possibly
the most important
development in money
since money itself was
invented. No other currency
has quite this mixture of
speed, ?exibility, low cost,
security, and privacy which,
taken together, makes
bitcoin truly revolutionary.
However, in the American
gaming sector, the outlook
for bitcoin at present is
murky.
The case for bitcoin’s
value in the internet
gaming space is cogent:
low (or zero) transaction
costs, which bene?ts
both online operators
and players; immediate
deposits and speedy
withdrawals; and,
irreversible transactions.
While the technology
is paradigm-shifting,
there are barriers to
adoption of bitcoin by
gaming operators in an
environment overseen by
US regulators. No gaming
or betting operator,
whether online or bricks
and mortar, will accept
bitcoin for chips or cash
out to bitcoin without the
approval of state gaming
regulators.
To do so woul ??????????)????????????????????((? ????????)???????)???????)????????)??????????)????????)??????????)????????)???????)??????L????UL???????????)????????L????????????)????????????????)????????????????????)???????????????????)??????????????????)????? ????M????????)??????UL??????????????)???Q???????????????)???????????q???????????)???????????????t??M??)?????????????????()AQI%
,)-99d()9% 0)9=IQ!I% ()
=I5 )5
IQ!d()-8)I= IQM=8()
??????????)-????????????