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Gambling with Lives, which was set up last week by the families of gambling addicts who have taken their own lives, say the Government needs to act to prevent betting companies from luring addicts into using unrestricted online casinos. Last week the Department for Digital, Culture, Media and Sport announced the maximum stake on FOBTs would be cut from 100 to 2 by April, and campaigners want similar cuts online. Josephine Holloway, whose son Daniel killed himself last October said the maximum stakes available online were ridiculous. Online, stakes on casino games like blackjack and roulette have been known to be as high as 10,000. Holloway called online gambling products toxic, and said the industry needs to take more responsibility. There are people who are addicted to fixed-odds betting terminals and the same games are available online.

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Bitcoin and blockchain became really popular among young investors and developers, changing the focus in many industries related to money and making traditional businesses reconsider their payment means. The entertainment industry may benefit a lot from using Bitcoin and other currencies powered by blockchain. Lets look at the most notable features of casinos which accept crypto and implement blockchain. To define what impact Bitcoin gambling platforms have on the iGaming industry, its essential to distinguish two types of them. On the one hand, there are traditional online casinos which support crypto along with fiat money. They accept deposits in BTC or other currencies; they also can give crypto bonuses for specific actions. As these websites are centralized, they dont roulette adopt key advantages of blockchain systems. On the other hand, there are truly decentralized casinos which are based on blockchain. They usually accept only cryptocurrencies and offer all blockchain features like anonymity and provably fair gambling.

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