Crypto casinos: the new 'Wild West' hooking gamblers
September 19, 2023
17 min
Full
268 of 1,000
September 19, 2023
Crypto casinos: the new 'Wild West' hooking gamblers
0:00 / 17:54
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Sky News Episodes Around September 19, 2023
Episode 268 of 1,000 — walk the feed in the order it was published.
17:54This episodeCrypto casinos: the new 'Wild West' hooking gamblers
Summary
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. <br /><br />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. <br /><br />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. <br /><br />On the Sky News Daily, Sally Lockwood explores crypto casinos with our investigative reporter Sanya Burgess, and what harms they could cause.<br /><br />Podcast producer: Soila Apparicio<br />Promotions producer: David Chipakupaku<br />Editor: Wendy Parker
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