“It’s no secret that online gambling has been lucrative for a few pioneering companies. Even though it’s been illegal in the US since 2006, companies have made relatively large sums serving customers who are either placing bets outside the US, through a VPN, or by simply sending a Bitcoin amount to a fixed address corresponding to a “game” which will return a player’s money with various probabilities. One of the biggest Bitcoin gambling sites, SatoshiDice, stays on the up-and-up with US regulators by blocking IP addresses coming to its site from the US, but in January 2013 it reported ฿33,310 in profits in 2012, which at the time reflected $596,231 (although today it would reflect much more).”
