As the world’s leading cryptocurrency Bitcoin continues to flourish. While it is yet to impact on the lives of a huge chunk of society, it is becoming more and more prevalent and accepted in far great places than ever before.
One of the most interesting industries accepting Bitcoin is the online gambling sector. Not in the UK yet, where the regulations surrounding betting accounts, payments and money laundering are far stricter than other jurisdictions. But worldwide.
Here in the UK, the Gambling Commission have put in strict regulations that bookmakers and betting sites must abide by. The KYC (Know Your Customer) rules means that identity, payment methods and authenticity are a must if customers are to be allowed to place a bet.
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As a result, betting with Bitcoin – or other cryptocurrencies for that matter – isn’t yet possible on these shores. And that is unlikely to change any time soon unless the crypto world can dovetail with the UK Gambling Commission regulations.
Elsewhere, however, bookmakers and betting sites around the world are accepting bets and deposits via ewallets and in cryptocurrencies from Bitcoin to ZCash and Ethereum to TRON.
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Some of the leading global bookmaking brands like Betwinner, 1xBet, Melbet and 888Starz, all accept deposits in cryptocurrencies, which is bet in BTC or converted into a currency to bet with online or via their betting apps.
One that has taken things even further is 1xBit, which offers the 1xBit promo code NEWBONUS. They are a sportsbook and online casino that only deals with crypto currencies and particularly Bitcoin. No surprise where the name came from.
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It isn’t something new either, because 1xBit saw this coming some time ago having been formed and founded in 2007. They are a traditional bookmaker in every sense other than the accepted payment methods of initially Bitcoin and now a wider array of cryptos.
What 1xBit saw about cryptocurrencies was the benefits of withdrawing winnings instantly. The experience mimicked that of a betting shop, collecting hard cash as soon as the bet was won. There was no three or five day delay for winnings to appear into a bank account.
Now it is possible to bet online using Bitcoin far widespread than just via 1xBit, although they do remain one of the leading betting sites for crypto customers.
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Is Bitcoin about to become the best way to bet online? Not every bookmaker will ultimately accept it as a payment method, particularly when the regulations governing them are tight. But the list of those that do is growing weekly and monthly worldwide.
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Betting via BTC is beneficial on both sides of the wagering fence, because it is easier for both customer and bookmaker to process payments and get their hands on the money quickly and easily.
As a currency that transcends countries, regions and continents, it is a global player and undoubtedly here to stay. While the online gambling sector can be accused of being slow to react from time to time, this is one area where innovation is leading the way.
Expect other industries like online shopping to learn from how bookmakers have adapted and added cryptocurrencies to their offering and business model. Bitcoin is set to boom in online betting and as it paves the way for a far wider impact.
Business
Grounded MCR – the Levenshulme community cafe crafting coffee and comfort food for a great cause
Emily Sergeant
Over within the grounds of one of Levenshulme’s most popular parks is a community cafe that’s doing things a little differently.
Starting off life as a little coffee trike back in 2021, and now based inside a bright-yellow shipping container in Levenshulme‘s Cringle Park, Grounded MCR CIC is a social enterprise that does more than just make you a brew.
Set up with the idea of creating a welcoming space for the whole community to gather, with a key focus on sustainability, Grounded serves up specialty coffee, lots of other hot and cold drinks, and yummy homemade food – much of which is grown by hand, on and around the container.
This is Grounded MCR / Credit: The Manc Group
Coffee beans sourced from a local roaster that pays farmers properly, tasty bakes on offer from a handful of local makers – including bread from the incredible Stockport-based charity, Pure Innovations – and dozens of free community events organised throughout the year are just a few of the reasons why Grounded goes above and beyond your typical cafe.
Sustainability – and affordability, especially amid the ongoing cost of living crisis – are two huge driving factors for Grounded, especially through their partnership with FareShare Greater Manchester and utilising the ‘Too Good To Go’ scheme.
By delivering and using surplus food that would’ve otherwise gone to waste, Grounded is able to keep their prices low whilst still creating some delicious scran.
The Levenshulme community cafe crafting coffee for a great cause / Credit: The Manc Group
Their ‘FareShare Fridays’ are hosted each week, where that morning’s delivery is dedicated to one specific dish and served up for just £1.
To top it all off, Grounded also works with vulnerable adults in honing their barista and hospitality skills, and is also in partnership with ‘Women in Probation’ too to ensure their impact goes further than just what comes in a cup or on a plate.
”We’ve worked hard to create a space that feels safe and welcoming for all,” Grounded declares in a statement on it’s website – and we think they’ve succeeded.
Sustainable clothing brand Lucy & Yak to host first-ever PreLoved Weekender in Manchester
Emily Sergeant
Popular sustainable brand Lucy & Yak is set to host its first ever pre-loved clothing event this bank holiday weekend.
Lucy & Yak is turning its stores into dedicated PreLoved hubs for an entire weekend – celebrating second-hand shopping with communities across the UK.
Since 2023, Lucy & Yak – which is an independent, people-focused brand with all items made using organic, natural, recycled, or deadstock fabrics – has kept more than 42,000 items, also known affectionately as ‘Yaks’, in circulation through its PreLoved scheme, where customers bring in and return their old pieces, and once processed, will then receive a money-off voucher to put towards their next purchase.
Damaged pieces are repaired or upcycled by the Re:Yak Studio team in Yorkshire, before being sold on in-store to find their new homes.
While Lucy & Yak stores carry a dedicated PreLoved rail year-round, this late May bank holiday weekend from Saturday 23 – Monday 25 May, the whole Manchester store experience will be transformed – with a much larger, expanded PreLoved section.
There’ll be everything from old gems to one-off pieces available to get your hands on – all still wearable, all still loveable.
As well as here in Manchester city centre, the PreLoved Weekender will also be taking place at Lucy & Yak stores in Brighton, Bristol, Cambridge, Canterbury, Chester, Edinburgh, Exeter, London, Norwich, Nottingham, Sheffield, and Portsmouth, so no matter where you are in the country this bank holiday, you don’t have to miss out.
What’s more is that fashion lovers in Manchester will also get to take part in a series of upcycling workshops in store on Bank Holiday Monday, with more events planned in the coming weeks.
The brand says its stores are ‘more than just shops’ – they’re spaces for the community to connect, and where Lucy & Yak’s values come to life in person.
Lucy & Yak’s first-ever PreLoved Weekender is coming to Manchester this bank holiday / Credit: Supplied
“We’re so excited to bring the PreLoved Weekender to our stores this May,” commented Lydia Coley, who is the Managing Director at Lucy & Yak.
“Lucy & Yak has always been built around community, creativity, and doing things a little differently, and PreLoved brings all of that together. We’re incredibly proud of keeping over 42,000 Yaks in circulation. Every second-hand Yak has a story, and this weekend is about helping those pieces find their next home in a fun way.”
The PreLoved Weekender will be taking place at Lucy & Yak’s Manchester store in the Northern Quarter this Saturday 23 – Monday 25 May, and you can find out more here.
The Manc -
13th May 2021 
