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Crypto casinos: the new 'Wild West' hooking gamblers

Crypto casinos: the new 'Wild West' hooking gamblers

FromSky News Daily


Crypto casinos: the new 'Wild West' hooking gamblers

FromSky News Daily

ratings:
Length:
18 minutes
Released:
Sep 19, 2023
Format:
Podcast episode

Description

Sky News has uncovered how online streamers may be breaking UK gambling laws by promoting crypto casinos - and there are questions over whether the casinos are doing enough to monitor this. Crypto casinos are similar to 'normal' online casinos, offering virtual versions of popular games like slot machines. The difference is they use digital currencies: players convert pounds, euros and dollars into virtual cash such as Bitcoin to gamble with. This type of casino is illegal in the UK, with the Gambling Commission taking a hardline stance against any operator that accepts cryptocurrency as a direct method of payment. On the Sky News Daily, Sally Lockwood explores crypto casinos with our investigative reporter Sanya Burgess, and what harms they could cause.*While we've got you... please take a few moments to let us know your thoughts on our podcasts and your listening preferences by filling in a short survey - click here. Podcast producer: Soila ApparicioPromotions producer: David ChipakupakuEditor: Wendy Parker
Released:
Sep 19, 2023
Format:
Podcast episode

Titles in the series (100)

The Sky News Daily podcast with Niall Paterson brings you a deeper look at the big stories. We use Sky News correspondents for the best eyewitness reporting, original stories and expertise to make sense of the world.Published every weekday.