, Manny Pacquiao Backed Makes Waves in Crypto Gambling Space

Written by:
Published on:

"GIFcoin Shares Profits from Online Betting Through Successful VitalBet Platform", this is the headline prominently featured on the website.

GIFcoin's goal is to allow individuals the opportunity to share in the revenue generated, similar to that of an online gambling affiliate program.

The venture was born from an affiliate model.


GIFcoin’s history began way back in 2011, when a team of experts came together to create a number of products related to the affiliate marketing space. What they then realized was the potential behind betting and gambling affiliate programs as the most profitable. After building their initial business through betting and slowly exiting other affiliate spaces, the team entered the U.K markets, increasing both their affiliate catalogs and profits.

Plenty of projects in the cryptocurrency space share their concepts and raise money all while rarely providing any deliverables. The GIFcoin team have already created their core product, VitalBet, which operates to this day as a successful online betting website.

Unlike a vast majority of the online casino sites that have emerged during the rise of bitcoin, Vitalbet is much like the mainstream Web casino and/or bookmaker in that they offer diverse payment options extending beyond cryptocurrency including credit card and Skrill. 

Vitalbet is also backed by boxing great Manny Pacquiao.  The Curacao-licensed, Costa Rica-based VitalBet proudly bills itself as “The Official Sportsbook & Casino of Manny Pacquiao.”

At the moment, VitalBet is one of the few bookmakers to accept cryptocurrency and will soon accept a plethora of digital assets after development is funded through their ICO, Bitcoinist reports.

Ethereum, Litecoin, Ripple, and Dash are among the cryptocurrencies VitalBet intends to begin incorporating.  No word yet on whether Bitcoin Cash, with its growing acceptance in the online gambling realm, will be among those options.


Crypto-Fiat Financial Platform Saifu to Make Using Cryptocurrency as Easy as Using a Traditional Online Bank Account - Bitcoinist recently sat down with Zach Murray, marketing director of the Czech-based startup, to discuss the merits of the platform, their upcoming ICO, and much more

Read More

Twitter to Begin Banning Cryptocurrency Ads - Reports say that Twitter will follow in the footsteps of Facebook and Google by banning a wide range of cryptocurrency ads.

Read More

- Aaron Goldstein,

Gambling News

Malta's Anti-Corruption Campaigner Silenced

Malta is the largest online gambling jurisdiction in the world. In recent months the island nation has sought to rid itself of Mafia-connected Italian ventures.  Those efforts were met with a violent warning as one of the more prominent crusaders against corruption there had her car blown to smithereens.

Atlantic City's Hard Rock Casino to Open June 28

Atlantic City's Hard Rock Casino to Open June 28

The former Trump Taj Mahal casino is being rebranded as a Hard Rock property. Guests will drive past a massive electric guitar at its entrance, and will even be given their own electric guitars to play in their hotel rooms.

Rusty Reams Leads the Great Real Money Bingo Revival

Rusty Reams Leads the Great Real Money Bingo Revival

When most people think of the game bingo, they probably think of church basements or fire halls as the primary place to play bingo for money not

No Bids Received at PA Online Gambling License Auction

No Bids Received at PA Online Gambling License Auction

The Pennsylvania Gaming Control Board announced today that a determination on holding an “additional auction round” for Category 4 casinos will be announced at a later date after Tuesday’s auction concluded with no bids being received.

Billionaire Investor Bows Out of Casino Gambling Business

Billionaire Investor Bows Out of Casino Gambling Business

As detailed in an April 16 report by on, it looks billionaire investor and business mogul Carl Icahn has had enough of the casino business after more than two decades on ownership interests.