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Cryptocurrency Bonus Rewards At Offshore Sports Betting Sites

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Digital currencies explained

Are you a fan of online gambling and cryptocurrencies? If yes, then you’re in for a treat! Offshore betting sites have provided a new and exciting way for gambling enthusiasts to earn bonus rewards through cryptocurrencies.

Below we will discuss how offshore betting sites use cryptocurrencies to offer bonus rewards and why you should consider taking advantage of them if you frequently wager online.

What are Cryptocurrencies?

Cryptocurrencies are digital currencies (money) that operate independently of banks and governmental oversight. They typically use blockchain technology to secure and verify transactions and control the creation of new units.

One of the selling features of cryptocurrencies is that they are decentralized, which means they operate on a peer-to-peer network. Decentralization eliminates the need for intermediaries such as banks or currency exchanges, resulting in lower transaction fees and faster processing times.

Cryptocurrency Bonus Rewards

Offshore betting sites we review, such as Bovada and Café Casino, have started to embrace cryptocurrencies and offer bonus rewards to their customers that deposit with an accepted digital currency. Crypto rewards are given as additional funds in your betting account.

The bonus reward amount can vary depending on the betting site and the type of cryptocurrency used. However, these rewards are not uncommon to be equivalent to a percentage of your deposit. For example, if you deposit $100 in Bitcoin, you may receive an additional 75% bonus reward in the form of Bitcoin.

Why You Should Consider Cryptocurrency Bonus Rewards

There are several reasons you should consider taking advantage of cryptocurrency bonus rewards for several reasons. Firstly, they offer an additional way to earn money while betting on your favorite sports, casino games, or online poker tournaments.

Secondly, using cryptocurrencies can provide you with greater privacy and security when betting online. Since these currencies operate independently of banks and governments, they offer additional protection against fraud and identity theft.

Thirdly, using cryptocurrencies can also result in faster processing times for deposits and withdrawals. Faster deposits and withdrawals can be especially beneficial if you want a more seamless betting experience.

How to Buy Crypto Online And Fund An Online

To buy cryptocurrency online, you must sign up at a popular exchange where you purchase bitcoin or other altcoins. Some crypto exchanges also act as digital wallet where you can store your digital funds, but we recommend utilizing a different digital wallet that provides additional securities.

Once you have an address for your digital wallet, you can send purchased digital currencies to your address. The process is also similar when funding your online betting account. Once you sign up and verify your identity, you can fund your offshore betting site with traditional banking methods or use digital currencies to get more bonus perks. Once you have your digital wallet address and crypto in the bank, you can send as much as you like to the offshore betting site by scanning the QR code provided or entering your digital wallet address. 

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Conway’s Revo Casino and Social House Prepares To Open

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Revo Casino

Revo Casino logoDick Anagnost, one of the owners of the new Revo Casino and Social House in Conway, New Hampshire, told the media that the casino is expected to open February 1st, 2025. Anagnost also stated that more than 70 employment positions are already filled, and two local charities (Mount Washington Valley Promotions and the North Conway Community Center) are already poised to benefit.

The new charitable gaming casino is in Shurfine Plaza, which also houses the New Hampshire liquor store. Revo will move into the suite that used to be a grocery store. The new facility will be 11,800 square feet and include a bar, a restaurant, multiple table game options, and electronic gaming machines offering slots, video poker, and more.

Before the new casino can open, the building has to undergo a plumbing, electrical, health/safety building, and a Liquor Commission inspection. Anagnost said, “If we pass all of that, our (certificates of occupancy) would probably be issued Jan. 28 or 29, and probably 48-72 hours after that, we’d be open for business.” He also stated that a soft opening could possibly occur before February 1st.

On opening day, the casino will feature 75 gaming machines and table games, including blackjack, roulette, and poker. An adjacent smoking room with some gaming machines will allow patrons to smoke and enjoy gambling while the main casino floor remains smoke-free.

Anagost also stated that the casino has had more than 200 applicants and that the local community has supported the project, “I don’t think anyone in any of the casinos we’ve opened across the state has received so much attention.”

New Hampshire Casinos

New Hampshire currently has no commercial casinos but has 14 charitable casinos where a portion of the profits go to local charities. These casinos are no different from what you would find anywhere else in the USA except for how the revenue is disbursed.

Current NH gambling laws mandate that 35% of casino game profits go to charity, while another 10% goes to the New Hampshire Lottery for the state’s educational fund. This system has proved beneficial to the state’s bottom line, helping fund educational programs across the state.

However, while online casino options are limited to offshore sites, both in-person and online sports betting have been legal in the state since 2019. Sports betting in the state must also give 51% of online revenue and 50% of in-person revenue to the state.

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Virginia General Assembly Considers Tysons Casino Proposal

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Tysons proposed casino

offshore starThe Virginia General Assembly is currently deliberating a proposal to establish a resort-style casino in Tysons, Fairfax County. Introduced by Senate Majority Leader Scott Surovell, the bill aims to create an entertainment district with a casino, hotels, a convention center, and performing arts venues.

While labor unions support the casino, this initiative has sparked a robust debate among lawmakers, community members, and industry stakeholders.

Senate Bill 982, introduced by Senator Surovell, seeks to amend existing legislation to designate Fairfax County as an eligible host locality for casino gaming. The bill outlines specific criteria for the proposed location within the county and mandates a local referendum to secure voter approval before any casino development can proceed.

Potential Revenue

Proponents of the Tysons casino project highlight significant economic benefits. Senator Surovell points out that Virginians contribute approximately $300 million in annual tax revenue to Maryland by patronizing MGM National Harbor. By establishing a casino in Tysons, these funds could be redirected to support Virginia’s public services, including education and infrastructure.

Opponents’ Concerns

Conversely, some community members and organizations have raised objections. The McLean Citizens Association, for instance, has mobilized opposition, citing concerns about introducing gambling into the community.

Additionally, a group of former national security and intelligence professionals cautions that the casino’s proximity to sensitive government facilities could pose security risks, potentially making personnel with security clearances vulnerable to exploitation.

Virginia Gambling Laws

Virginia has three casino locations and several slot parlors. Offshore casinos can also accept VA players, as no state gambling laws forbid their use.

Domestic casinos were first launched in 2022, when the temporary Hard Rock Bristol opened its doors. The state allows commercial gaming facilities to accept players over the age of 21 and offer class III table games (blackjack, slots, baccarat, roulette, etc.).

Regulatory and Approval Process

For the casino project to materialize in Fairfax County, the following steps must be completed:

  • Legislative Approval: The General Assembly must pass Senate Bill 982 to authorize Fairfax County as a potential casino host.
  • Local Referendum: Upon legislative approval, the Fairfax County Board of Supervisors would be empowered to hold a referendum, allowing residents to vote on the casino proposal.
  • Development Planning: If the referendum passes, detailed plans for the entertainment district will be developed, followed by zoning approvals and construction.
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Salem Approves New Gaming Facility Despite Concerns From Neighboring Communities

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Salem New Hampshire Live! Casino plans

star iconSalem, New Hampshire, recently approved a new “charitable” gaming facility despite concerns from the neighboring community of Lawrence, Massachusetts.

Located just over the New Hampshire state line, the city of Lawrence is the poorest in the state, and community leaders fear that a new casino-style gaming facility could lead to addiction and further poverty. Despite the concerns and the city asking Salem to reconsider, the state plans to proceed with the project.

On November 26th, the Salem Planning Board voted 5-2 to approve the project slated for the old Lord & Taylor store at The Mall at Rockingham Park. The casino will offer 1,300+ jobs, multiple restaurants, and event space.

New Hampshire Gambling Laws

The state of New Hampshire does not allow commercial casino gaming; however, it does allow charitable gaming. Charitable gaming in the state consists of blackjack, poker, and roulette. While other casino staples such as slots and baccarat are not allowed, the exception for charitable gaming offers residents entertainment and the state additional revenue.

Despite not having full access to class III casino gaming options, the state has 14 charitable gaming facilities that pay 35% of its gross gaming revenues to local charities. Another 10% of revenue goes to the state to fund educational programs.

Lawrence Officials Speak Out

Stephany Infante, vice president of the Lawrence City Council, is concerned that a new casino just over the state line will target residents of Lawrence. She stated to media sources, “In Lawrence, we’re trying to tackle financial struggle, mental health issues, addiction, et cetera, and this is just going to add another component to those challenges.” She also expressed her concern that “People who are struggling financially, or with gambling, which is an addiction, that’s the clientele any casino targets.”

The Lawrence City Council sent a resolution to the Salem Planning Board claiming that Lawrence residents are a primary target for the new casino. Several Lawrence City residents are concerned that a 10-minute drive to a casino could facilitate further criminal activities tied to money laundering.

Are Online Casinos Legal In New Hampshire?

New Hampshire does not license or authorize online casinos within state lines. Despite the restrictions, offshore casinos have been accepting players from New Hampshire and Massachusetts since the late 1990s and have become the go-to option for many players.

Online casino sites offer players popular casino games such as slots, roulette, baccarat, blackjack, poker, sports betting, and more. They also offer bigger bonuses, traditional and non-traditional casino banking options, and more game variations, which makes it easy to see why many players gamble online.

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