BETTING’S unveils new Bitcoin Sportsbook Platform

27 August 2013

Swiss iGaming software supplier BETTING’s has released a brand new Bitcoin sportsbetting platform.

The platform, which has been built upon the company’s existing sportsbook software, is designed for bookmakers that intend to offer Bitcoin cryptocurrency payments for online gaming transactions.

Online bookmakers can use Bitcoins through the BETTING’s Sportsbook Platform alongside traditional currencies or as the only means of payment. All of the required transfer gateways and reporting tools have been integrated for deposit and withdrawal functions.

“Depending on the jurisdiction, offering Bitcoin as a payment option ensures a number of competitive advantages for online bookmakers,” BETTING’S said.

The company added that such advantages include reduced or zero taxation, simple exchange into real currencies and no gambling licence required in most markets.

Bitcoin integration is also offered by SoftSwiss company, a member of BETTING’s. SoftSwiss provides an online casino solution that can be integrated with the BETTING’s Sportsbook Platform.