Online Betting Site Tonybet Accepts Bitcoin

Tonybet.com, an online betting and gaming site, has started to allow players to make deposits in bitcoin, then convert the funds to regular currency while playing, the company announced on its website. TonyBet is managed by Tonybet OU in Tallinn, Estonia and is licensed and regulated by the Estonian gaming authorities.

Tonybet.com has partnered with the SpectroCoin cryptocurrency wallet in hopes of becoming one of the first well-established gaming sites to accept bitcoin. Players will be able to deposit and withdraw funds in bitcoin, but will convert them to regular currencies while in-play – a feature that is absent from most gaming sites accepting digital currencies.

Founder Promotes Bitcoin In Europe?

Tonybet was founded in 2009 by businessman/politician Antanas Guoga, better known as Tony G, a member of European Parliament (MEP), according to CalvinAyre.com, a gaming news website. Tony G is “putting his money where his mouth is” when it comes to virtual currency.

Speaking at the Internal Market and Consumer Protection (IMCO) Committee Meeting at the European Parliament this past spring, Tony G encouraged his fellow politicians to purchase bitcoins before creating laws that govern their use.

Tonybet also accepts bank transfers, credit cards, and numerous other online payment methods.

Tonybet officials said their intention was to make the site more accessible to a broader range of players. The introduction of the new payment method delivered a bigger impact than officials expected based on the number of new members.

Source: https://www.ccn.com/online-betting-site-tonybet-accepts-bitcoin/