Bitcoin Gambling Websites Warned by the UK Gambling Commission

bitcoin-logo-75x75The UK Gambling Commission warned online gambling sites accepting Bitcoin transactions that if they want to offer slots and other casino games to UK players, they must get a license from the commission. The regulatory body also confirmed that it wrote to several websites that offer prizes for money or money’s worth to UK players, stating that Bitcoins are categorized as ‘money’s worth’ and therefore operators must obtain a UK operating license, otherwise they are acting illegally. The commission wrote to operators that are either adverting gambling illegally or illegally offering services and products related to online gambling with Bitcoins in the UK.

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