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Atari to use Cryptocurrency to invigorate its online gambling business

Published

7 years ago

February 19, 2018

Niji Narayan

Reading Time: < 1 minute

Atari, the pioneer in arcade games, home video game consoles, and home computers is all set to go for Cryptocurrency. With Atari token, the company is anticipating to invigorate its gambling business in Europe.

As per the Bloomberg’s report: The Atari brand, CEO Frederic Chesnais emphasised that: “Our aim is to take strategic positions with a limited cash risk, in order to best create value with the assets.”

Like Kodak and Long Island Iced Tea, the stock market has responded favourably to the news, thrusting Atari share prices up by over 60 percent post the company’s announcement on adopting cryptocurrency. Hopefully, now the company can afford to tell people what it’s going to include in the Ataribox.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.