An independent public health & consumer protection publication by former FORBES managing editor Brian Pempus

Tag: bitcoin

  • DraftKings To Allow ‘Converted’ Bitcoin, Crypto In Betting Deposits

    DraftKings To Allow ‘Converted’ Bitcoin, Crypto In Betting Deposits

    Key takeaways DraftKings plans to launch a cryptocurrency deposit feature, including Bitcoin. Users will convert cryptocurrency to cash for betting. Crypto will not be allowed directly for deposits or wagering. The feature will launch first in four states. Crypto-fueled gambling may boost risks for problematic user behavior. DraftKings’ Plans for Bitcoin and Crypto DraftKings plans…