I no longer reside in the US, but online gambling was a huge issue there when I did. Now with BTC being declared a commodity rather than a currency, what does this mean for online gambling, especially sports betting? Does anyone know what the legal authorities have said about services like Cloudbet?
Bitcoin gambling has been here since the past 4-5 years, and as long as these businesses are not based in US, they haven't had an issue running them.
They have closed some of these businesses down that were based in US. I think satoshi dice had a problem. Also Sealswithclubs had some kind of problem.
I don't think that the OP is interested in running a gambling site, instead I guess he is more interested in playing there.
Also, yes swc was closed down due to similar issues but they soon started operating again after fixing up things.
@OP, cannot quote a statement regarding the status of gambling, but sports gambling is still illegal in the US, and I don't think it matters whether bitcoin is a commodity/money/token or etc etc.