You are here: Home Sports Betting News Casino CRSportsBet.ag Adds Bitcoin and Ria to Its Banking Methods
San Jose, Costa Rica –CRSportsBet.ag, an online gambling and entertainment company based out of San Jose, Costa Rica announced today that it now offers Bitcoin and Ria Money Transfer as a banking method for all of its sports betting and gambling services.
Bitcoin was created in 2009 as a form of digital currency that can be exchanged through electronic devices like a smart phone and is used by over 100,000 businesses globally with well over a quarter and a half million Bitcoin transactions daily.
Since its inception, the gambling industry has been pushing the use of Bitcoin because it is a centralized currency and is anonymous because Bitcoin transactions do not disclose any personal information. In addition, it is not subject to the regulations and rules that conventional currencies are bound by.
In an interview with James Chu, the CEO of CRSportsBet.ag, Mr. Chu said that “Since we began our sportsbook, we have had several of our clients ask us to include Bitcoin as a deposit and payment options and it is with great pleasure to now offer it to them”.
According to Mr. Chu, adding Ria Money Transfer as a new banking method was because many players are not always able to physically go to a person-to-person money company to use cash. Since Ria Money Transfer allows the sender to go on the internet to use cash via their bank account or debit card, this gives players more banking options at rates that are cheaper than most person-to-person transactions.
Ria is a money transfer company that has been around since 1987. It is similar to Western Union and is secured by Euronet Worldwide, a global leader in processing secure electronic financial and payment transactions. The main difference is that the transfer takes place on the internet where the money is taken from the sender’s bank account, credit card or debit card and is then transferred to the receiver’s bank account or as cash at one of the Ria offices around the world. Ria has over 310,000 Locations in 150 countries and boasts that the transfers only take 10 minutes.
CRSportsBet.ag is also planning on adding American Express to their list of banking options and is expected to have this new banking option available by the end of the year. All of the addition to the banking methods will also trickle down to the various companies that are under the CRSportsBet.ag umbrella such as www.FastWager.com, sportsbook that is known for offering its clients reduced odds on sports betting events. To see a complete list of banking options for CRSportsBet.ag please visit their website at www.crsportsbet.ag.
Safe Harbor Statement: Statements in this announcement that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties. These include risks and uncertainties relating to customer and supplier relationships and prices, competition, market demand, litigation and other contingent liabilities, the integration and operation of acquired businesses, and economic, political, governmental and technological factors affecting CRsportsBet.ag operations, markets, products, services and prices, among others, as set forth in public filing.