A California company that lets users gamble online using bitcoin has paid out more than $1 million in poker-related fees to users, according to the company’s annual report.
The online poker service, PokerStars, said the transaction fees were paid to customers through the company that runs the online gambling website.
The fee was calculated by adding the poker site’s poker site rake to the total poker rake that the poker-playing site gets from PokerStars.
The amount is not disclosed.
The poker-based online gambling business generated $3.2 million in revenue in 2016, up from $2.6 million the previous year, according the report, which was prepared by PokerStars and obtained by AP.
The company said the poker rake is a percentage of the rake that is earned by the poker website.
PokerStars said in a statement that the transaction fee payments were made to the account holders who are paying for the service.