An English premier league football club is raising concerns over its “Bitcoin lottery” sponsor after becoming aware of its previous business practicies. Yesterday, Wolverhampton Wanderers FC announced a partnership with CryptoMillionsLotto, a lottery which pays gamblers a reward, in Bitcoin, for referring new players, the Mirror reports. To play the lottery a user must also have enough Bitcoin in their account to cover the costs of each game. Both Wolves and CryptoMillionsLotto boasted about the new partnership on their respective websites. However, according to the report, concerns at Wolves are growing after it was uncovered that CryptoMillionsLotto CEO Sulim Malook’s…
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