Tonybet accepts Bitcoin

Lithuanian businessman Tony Guoga’s TonyBet online gambling site has seen an immediate increase in sign-ups following its decision to accept virtual currency Bitcoin as a deposit option, according to company spokesman Warren Lush.

Lush revealed that the company partnered with SpectroCoin in integrating the service, which converts the players’ Bitcoin deposits to fiat currencies once these are on the site, and then back to Bitcoin when funds leave the site.

The e-wallet firm handles virtual currency in over 25 countries across Europe and Central Asia, and has a sound reputation.

“We’re always keeping up with the latest digital innovations in order to adapt them to our online gaming platform. With the introduction of Bitcoin deposits we saw a dramatic increase in recreational punters and poker players, especially from the Asian countries who have been struggling to transfer their funds before,” said Lush.

“Another advantage of using Bitcoin for online gaming is that users can also speculate the exchange rates and earn extra. The fast and easy deposit and withdrawal process makes this an even more attractive feature.”

TonyBet offers online sportsbook, casino and poker action.

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