Sports betting is a multi-billion dollar industry, and estimates from Forbes project that the United States could generate annual revenue in excess of $20 billion alone if all 50 states pass legislation. Yet, while Wyoming is the least populous state in the country, it is catching the attention of sportsbook operators, largely thanks to its decision to allow the use of blockchain technology for sports betting transactions.īlockchain & New Tech Will Revolutionize Sports Betting Industry AFP PHOTO / Petras Malukas (Photo credit should read PETRAS MALUKAS/AFP via Getty Images) AFP via Getty Imagesįollowing a successful September launch, Wyoming became one of the latest states to offer a regulated sports betting market to those within state lines. European Parliament member and entrepreneur Antanas Guoga launched the blockchain centre in Vilnius to boost start-ups and establish connections with Asia and Australia. Britain's divorce with the European Union is paying off for Lithuania as it strives to become a northern European hub for financial technology, or 'fintech' firms, and blockchain-based start-ups. boosting start-ups, on Februin Lithuania's capital Vilnius. Giant letters, reading the word 'blockchain' are displayed at the blockchain centre, which aims at.
