Assets, Bitcoin

Is Bitcoin Gambling Legal in New York?

Bitcoin gambling is still a bit of a grey area in New York. There are no specific lAWS that make it illegal, but there are also no specific lAWS that make it legal. This leaves a lot of room for interpretation by both players and casinos.

However, most experts agree that as long as both parties are willing to gamble, it is likely legal. There have been no major crackdowns on Bitcoin gambling in New York, so it seems to be tolerated for now.

The lack of clarity around the legality of Bitcoin gambling in New York means that players should be cautious when gambling online. There is always a risk that the authorities could change their position and start cracking down on casinos and players alike.

For now, it seems like gambling with Bitcoin is a risky but potentially lucrative activity.

Previous ArticleNext Article