Enterra Set To Launch Online Bitcoin Poker Network
Online gambling is still widely restricted in many parts of the globe. While we are seeing progress in regions like the U.S. where three states have legalized internet gambling, there still a huge amount of online gamblers who are looking to legally gamble.
One of the legal loopholes that is being exploited is that of virtual currencies like Bitcoin. We have reported on the numerous Bitcoin only online casinos like Bitstars and Predictious which allows gamblers to bet on just about anything.
The fascination with virtual currencies like Bitcoin from the gambling world is understandable. It simplifies any legal issues as most countries have still not decided on how to regulate this volatile commodity. Besides being legal in many countries the anonymity and lack of expensive handling fees are all reasons why both punters and gambling operators are continuing to integrate virtual currencies into the real money gaming world.
The latest player to cash in on Bitcoin is the online poker software provider Enterra. They have announced that they will be launching a new Bitcoin gambling network. The site will offer players the option of running poker rooms which will allow deposits and withdrawals with Bitcoin.
CEO of Enterra Dimity Starostenkov said that players will now have the option of betting online with Bitcoin without having to wait too long. He said,” Starting your Internet business via our Bitcoin poker network, you get your own poker room with up to 12 poker game types, games with different limits, and tournaments. We are interested in business development, and our compensation for the service is only the percentage of rake we earn together.”
A key advantage that Enterra poker will be offering is the fact that users will not have to obtain a gaming license or go through the lengthy process of setting up shop offshore. Room owners will have the added advantage of being able to offer gamers the opportunity to wager with digital currencies like Bitcoin which ensure anonymity.