Players Prefer Cashing Out in Bitcoin Amid Rally, Says Online Poker Giant

Players Prefer Cashing Out in Bitcoin Amid Rally, Says Online Poker Giant
(Lukas Gojda/Shutterstock)

One of the world’s largest poker networks has said its players currently prefer bitcoin to fiat money for payouts.

Winning Poker Network, which operates a number of online poker sites, said it has been forced to buy millions in a day to meet the demands of exiting players.

As reported on Thursday, 90%–95% of Winning Poker’s payouts are in bitcoin because of the recent price rise, said the company’s CEO, Phil Nagy. “We are constantly having to go out and buy bitcoin, lots. Lots. More than we’ve even had to before.” 

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