Cryptocurrency – Bitcoin Slots.us

How New Missouri Crypto Gambling Bill Is Paving the Way for 2024 and Beyond

Posted on February 7, 2024 by Aaron Decker

A groundbreaking measure that aims to protect the usage of Bitcoin and other cryptocurrencies has been filed by legislators in Missouri. This represents an exciting opportunity for the rapidly growing community of cryptocurrency gamblers. The measure, championed by Rep. Phil Christofanelli and emulated by Sen. Eliot Bostar in Nebraska, protects users’ gaming, mining, and self-custody rights.

The Details

Backed by the Satoshi Action Fund, the Blockchain Basics Act is a watershed moment in the never-ending fight to safeguard and encourage the use of digital assets. The Fund’s goal is to ensure that current laws do not hinder innovation in the blockchain and cryptocurrency industry by pushing for policies that are favorable to these industries.

One of the most promising aspects of this bill is its potential to unlock the full potential of crypto gambling. Online casinos are currently unregulated in Missouri, thus players there have no other option except to use offshore sites. But if the state passes laws that are favorable to bitcoin casinos, Missouri might see more activity in the sector.

The mainstreaming of cryptocurrency in the gaming business also has the potential to bring about a sea of change by providing gamers with more safety, transparency, and ease.

In addition to its implications for the gambling sector, the measure provides crypto miners with greater freedom to operate outside the usual constraints of the business. This encourages mining and secures and decentralizes blockchain networks, which are essential to cryptocurrency robustness and sustainability.

Expected Ripple Effects

Looking ahead to 2024 and beyond, the passage of this bill could signal a seismic shift in the landscape of crypto gambling. If this measure passes, the cryptocurrency gaming industry may undergo a dramatic transformation by 2024 or later. More and more digital assets may find their way into the gaming environment as cryptocurrency continues to gain public adoption. The development coincides with larger social movements towards digitization and decentralization, signaling a pivotal time for the gaming business.

In the broader context of US crypto regulations, the bill represents a step towards greater clarity and consistency. Some states have adopted crypto-friendly rules, like Texas, and those that have enacted strict restrictions, like New York. Nevertheless, new developments, like the SEC’s clearance of spot Bitcoin exchange-traded funds, indicate that the significance of crypto in the financial world is becoming more recognized.

Everygame Poker Now Offering 20 Free Spins for Crypto Deposits

Posted on October 3, 2023 by Aaron Decker

While it may be known for its poker offerings, Everygame Poker has unveiled an exciting offer that is bound to boost your chances of winning big on four exhilarating slot games featured in the prestigious Casino Games section.

They are sweetening the deal with an extra 20 free spins when you use LiteCoin and Bitcoin Cash for deposits. This crypto twist adds even more excitement to the reel-spinning experience and turbocharges your winning potential. With cryptocurrencies known for their user-friendliness and cost-effectiveness, this news is a game-changer.

With promo running from October 2nd to October 9th, enthusiasts have plenty of time to dive in. For blackjack enthusiasts, there is even more to celebrate. From October 2nd to October 8th, all Everygame Poker players will receive 25 free blackjack bets when they log into Blackjack 21, conveniently located under the Tangente tab in the casino games section. With a reasonable wagering requirement of 25x, players can aim for wins of up to $250.

The Slots

Primal Hunt: This action-packed game is brimming with Multiplying Wilds and an exhilarating Free Spins bonus round. But here’s where it gets even juicier – players who unearth the elusive Cave Lion during the Free Spins round will pocket an extra 20 free spins. And that’s not all; during Free Spins, those Wilds shape-shift into multipliers, potentially doubling or even tripling your winnings. Additional multipliers can amplify your rewards even further. A mere $50 deposit could net you 60 Free Spins or a whopping 80 with Bitcoin Cash when you enter the code HUNTCOIN.
Primal Wilderness: A sequel to Primal Hunt, this enchanting adventure delivers Free Spins, Multiplying Wilds, and tantalizing cash rewards triggered by the Bear Claw Scatter, you will have a jaw-dropping 1024 chances to strike it rich. Everygame Poker players are in for a treat, scoring 30 Free Spins for this game, or a staggering 50 when they opt for a LiteCoin deposit. The entry fee? Just $25, and the key to unlock your spins is the code WILDLITE.
Fruit Bat Crazy: This offers a fruit frenzy as cascading combinations lead to small wins that soon snowball into substantial payouts. Savor the thrill of 30 Free Spins (or make it a juicy 50 with a Bitcoin Cash deposit). To claim these spins, simply deposit a minimum of $25 and input the code FRUITCOIN.
Stampede: This game boasts Acacia Tree Scatters that can reward you with up to 20 free spins, accompanied by Wilds that can multiply your prizes by either 2x or 3x. Players are in for a stampede of winnings with 60 Free Spins and an additional 20 when they use LiteCoin for their deposit. The entry fee here is $50, and the magic code to unleash the spins is STAMPLITE.

The Impact of Stablecoins on Online Slots

Posted on August 3, 2023 by Aaron Decker

With the introduction of stablecoins, the gaming industry is being disrupted in unprecedented ways, and online slot machines are no exception. Stablecoins like Tether (USDT) and USD Coin (USDC), in particular, have emerged as game-changers in the world of online slot machines as cryptocurrency gains wider adoption.

The Appeal

Stablecoins are digital currencies whose value is pegged to a traditional currency. In this way, players can circumvent the wild price fluctuations that often accompany other digital currencies, such as Bitcoin and Ethereum. This means slot players can focus on the fun of the game rather than worrying about their money losing value due to market volatility.

Thanks to blockchain technology, stablecoins have improved the safety and anonymity of online gambling. Users can still make purchases or payments using stablecoins without having their privacy compromised or their anonymity compromised. The approach removes the need for middlemen, making it ideal for slot players who value the security of their financial data.

Stablecoin casinos, which function similarly to conventional online casinos, provide a wide selection of games to their customers. These range from games of chance like slots and roulette to games of skill like poker. The core gameplay elements of these games do not change regardless of whether they employ stablecoins or traditional money. This means the gameplay and possible rewards are both determined by a combination of player strategy, player talent, and luck. There is thus no need to worry about learning games afresh.

Even better, for slot gamers all around the globe, the advent of stablecoins heralds a new age of unrestricted access. This adds to the benefit of stablecoin payments being faster than conventional ways and more cost-effective due to reduced costs and instant processing.

A Boost for User Experience and Loyalty

When it comes to online slot operators, adopting stablecoins offers up a world of opportunities for improving the player experience and driving revenue. Thanks to the rapid processing of payments, operators may increase the responsiveness of their platforms and meet the needs of their players more quickly. Furthermore, the anonymity and security provided by stablecoin payments encourage player loyalty and establish enduring relationships with dedicated customers.

The road ahead is not without obstacles. Stablecoin businesses will need to master the ever-changing regulatory environment and follow all applicable regulations. Exploiting the full potential of this game-changing technology would require not just encouraging broad adoption among players but also incorporating stablecoins smoothly into more platforms.

Slots Play Casinos Doubling Down on Crypto

Posted on February 3, 2023February 1, 2023 by Aaron Decker

As part of its mission to provide improved service to its network of online casino partners, Slots Play Casinos has decided to enter the cryptocurrency market. An overwhelming majority of gamers (90%) expressed interest in adopting digital currency in a recent survey commissioned by the most popular gaming comparison site. The survey findings demonstrated unequivocally the need for cryptocurrencies in the field of online gaming.

Bridging the Gap

Findings from the study revealed that although some players find depositing and trading cryptocurrencies simple, others still find the procedure to be daunting and complex. Slots Play Casinos aims to close this knowledge gap by providing its users with helpful resources and information related to cryptocurrency.

Slots Play Casinos has thus provided its partner casinos with a set of crypto how-to guide templates to better inform its customers about the benefits and risks of using cryptocurrency in online gambling.

The gaming operator will also be at the forefront of promoting cryptocurrency by being the go-to source for in-depth education on the topic, with something for both players and operators to learn.

Players who are hesitant to use digital currencies will be the target audience for the company’s marketing initiatives, which will center on making cryptocurrencies more approachable and less daunting to them. Slots Play Casinos will essentially teach everything from how to set up a wallet, make a deposit, and trade cryptocurrencies like Bitcoin and Litecoin with ease.

High Hopes

As Slots Play Casinos’ resident writer and researcher Laurie Renfield pointed out, crypto is a hot commodity in the realm of online gambling. Even though their poll found that 10% of gamers are uninterested in utilizing crypto, they are optimistic that this figure may be lowered with more education and communication.

The team takes great pride in being on the cutting edge of this movement, and as the industry’s premier customer-focused gaming comparison website, it will keep looking for innovative ways to include its subscribers and partners in the rapidly growing and dynamic cryptocurrency sector.

Simply said, Slots Play Casinos is at the forefront of the online gambling business because of the invaluable support and guidance it offers its partners in the realm of cryptocurrency. If the corporation succeeds in getting the word out to gamers about the benefits of digital money, it will help expand access to and enthusiasm for virtual entertainment. The future of online gambling is exciting, and Slots Play Casinos and other operators like it are at the forefront of that future.

BGaming Launches New Entertainment Frontier for Crypto Traders

Posted on July 3, 2022July 1, 2022 by Abe Efe

White-label solutions provider for e-commerce and crypto commerce, Merkeleon, has teamed up with BGaming, an emerging iGaming content supplier for a novel product they believe will shake up the industry. Thanks to the partnership, customers of the white-label cryptocurrency exchange operated by Merkeleon may now access the online games developed by BGaming.

Through the integration, BGaming’s high-quality games are made accessible to crypto exchanges that have a specific gaming license. This gives the users of such exchanges the opportunity to earn additional cash and enjoy themselves after engaging in trading or exchange sessions.

Lots of Amazing Games

The selection of integrated games includes some of the most popular games among cryptocurrency users. Many players in the space will be familiar with titles like crash multiplayer Space XY, Minesweeper, Heads and Tails, traditional roulettes, poker, and other popular slot machines.

Depending on the jurisdiction and licensing, the operator of the cryptocurrency exchange will choose the configuration of the games and whether or not they will be available.

According to Alexandr Shavel, who oversees the Business Development Department at BGaming, this integration is the next logical step toward the expansion of the company’s cryptocurrency initiatives. The cryptocurrency exchanges are a key source of traffic for gamers, and their observations show that cryptocurrency users love playing the games. BGaming is excited to work with Merkeleon, who is well regarded as a reliable developer, as they share their confidence in the continued success of this project.

Alexey Sidorowich, Chief Commercial Officer of Merkeleon, offered some commentary on the new information as well. The company, in the course of its collaboration with operators of cryptocurrency exchanges, has observed a significant level of interest in the gamification of their platforms and the incorporation of new tools that enable the use of digital assets in online games, predictions of game results, lotteries, and other activities.

According to him, the integration of the high-quality iGaming content provided by BGaming by crypto exchange operators will not only open up new prospects and enhance the retention of existing customers, but it will also generate income by attracting new users.

Other Exciting Developments

Additionally, BGaming has just extended its content collaboration with Duelbits, which is a renowned crypto casino and sportsbook. Known as the Duelbits Quest slot machine, the game is a simple five-reel, three-row slot machine. It offers enthusiastic slot gamers twenty-five paylines and a range of intriguing features.

The gameplay experience was designed to be engaging for players by combining enjoyable elements, such as in-game jackpots and free spins, with high-quality mechanics. The Duelbits team collaborated closely with the developers to design a game that would appeal to the crypto casino market.

Mastercard Partners with Bakkt for Crypto Payments

Posted on November 3, 2021November 3, 2021 by Abe Efe

Crypto has been slowly inching towards mainstream adoption. A lot of progress has been made in that regard but that is just the beginning. There are still lots of parties that need to come on board to push the payments revolution further forward. The most recent player in the financial industry that is warming up to digital currencies is Mastercard.

Thanks to a recent partnership with fast-rising digital assets platform Bakkt, Mastercard’s partners will now be able to issue crypto-branded debit and credit cards. The company’s robust and vast payment network will let its users buy, sell and even hold digital assets. Bakkt will be providing the custodial wallets that will make all that possible.

At the surface level, consumers now have the chance to use crypto like never before. These crypto cards will be accepted at Mastercard-friendly outlets. At these places, the digital assets held by the consumers will be exchanged for fiat before the point of purchase which lets them get more choice and value.

“Together with Bakkt and grounded by our principled approach to innovation, we’ll not only empower our partners to offer a dynamic mix of digital assets options, but also deliver differentiated and relevant consumer experiences.”
Sherri Haymond, executive vice president, Digital Partnerships at Mastercard.

To make it even better, Mastercard also plans to integrate the digital assets into its existing loyalty solutions. This means that, aside from being able to spend their crypto, the consumers will also earn crypto rewards.

Good News for Crypto Gambling?

The world of online gambling is not particularly new to crypto-powered payments. There are even online casinos that are built entirely around digital currencies. Even so, the move by Mastercard presents a unique opportunity for even more growth in the use of crypto in iGaming spaces.

The fact that both companies are committed to growing the crypto ecosystem is very impressive, to say the least. It will be interesting to see all this is implemented in the online gambling platforms that currently accept Mastercard as a payment method.

Naturally, given the reputation of Mastercard, some things might not be carried over from the other kinds of crypto use. For instance, anonymity will likely not be a key consideration as Mastercard is usually linked to bank accounts. Aspects such as speed and low-cost transactions, on the other hand, could still stick around.

All in all, this is an impressive move and we cannot wait to see what comes of it in the long run. Everyone has very high hopes for it.

IGT Gaming Accounts Could Soon Accept Crypto Deposits

Posted on February 3, 2021February 2, 2021 by Abe Efe

The integration of digital currencies and blockchain into the world of gambling continues to grow as more companies see the benefits of the technology. As it stands, several retail and online gambling businesses already allow their users to deposit funds and withdraw their winnings using crypto. That was just the beginning though.

Now even companies that were left behind are joining the bandwagon. The latest to do so is International Game Technology Plc, a renowned slot and casino technology developer. The company has built up quite the reputation for being an innovative developer of world-class products and it is about to extend its reach by adopting crypto.

According to recent industry reports, the company kicked off 2021 by patenting a method for crypto users to add funds into their casino gaming accounts. The United States Patent and Trademark Office received the patent for a system that will allow any player who has crypto to add those funds directly into their accounts.

High Hopes for Crypto and Cashless Payments

As mentioned earlier, crypto is certainly moving at a pretty fast pace. As such, it is pretty easy to see why IGT is already doing what it can to ensure that it does not remain behind. This new patent will likely play a huge role in bolstering the gaming solutions developer’s already polished portfolio.

The patent filing shows that the crypto payments will be in Bitcoin (BTC), Bitcoin Cash (BCH), and Ether (ETH), all of which are arguable the most popular digital currencies on the planet. Starting with them is, of course, very logical but we are very optimistic that even more digital currencies will be supported when IGT eventually moves on to the next stages with its patent.

Perhaps the most notable push for this development is the growing demand for cashless payment systems that grew immensely since the start of the COVID-19 pandemic. IGT has even recently announced that it received regulatory approval to allow players in the state to use its Resort Wallet to make cashless deposits when playing slots.

It is, however, not all about reducing contact and allow for safer experiences during such times. The direction that regulated gaming is taking in the United States as well as in other global markets is possibly going to involve crypto. That said, International Game Technology’s early moves will be very beneficial to its plans for the very dynamic and rapidly growing gambling industry.

Biggest Crypto Gambling Announcements of December 2020

Posted on January 3, 2021January 1, 2021 by Aaron Decker

It goes without saying that 2020 was one of the most challenging years of the past decade. The coronavirus pandemic wreaked havoc on people’s lives as well as the operation of lots of businesses around the world. Now, even though things are beginning to get back to normal, it is safe to say that some of the effects of the virus will linger on for a better part of 2021.

Still, lots of businesses managed to find ways of operating through the pandemic and delivering useful products and services to their customers. Online gambling operations were some of the ones that kept moving forward despite all that. Some sectors such as crypto gambling even managed to pull off some pretty impressive launches.

Here are two of the most notable ones from December 2020 that are likely to make even more waves this year:

CoinsLoot’s Crypto Loot Boxes

Decentralized crypto platform CoinsLoot has recently made history by allowing its users to purchase Loot Boxes with ERC-20 tokens. These Loot Boxes offer average crypto enthusiasts the opportunity to own instant crypto portfolios which they can then spend on products and services in the real world.

Loot boxes are generally quite popular in mainstream gaming and this is the very first time that they are coming to the crypto community. These will thus benefit from the transparency and trustworthiness that CoinsLoot’s services and products boast of. Its provably fair algorithm is also set to significantly benefit the new system thus opening doors for yet another very innovative use-case for crypto.

Cloudbet’s New Arcade Games

Another notable launch as we head into a new year is by Cloudbet. The company has recently unveiled a suite of exciting provably fair games which are now available under the newly-created Arcade tab on its website.

“Our customers have been asking for classic crypto games, as they have traditionally played elsewhere, and we are more than happy to oblige. Our ongoing priority is always going to be adding features that matter to our customers. In this instance, it’s to provide a one-stop-shop for them to play all their favorite crypto games,” a Cloudbet spokesperson commented.

Among the amazing new arcade games that the operator’s customers can look forward to enjoying are Aviator, Dice, Mines, and Plinko. All these are based on fan-favorite titles that have been around for over a decade which means that they should catch on pretty quickly. In fact, Cloudbet added these after getting lots of customer requests for them.

More iGaming Innovation Expected as Demand for Crypto Gambling Rises

Posted on December 3, 2020December 1, 2020 by Aaron Decker

2020 has been filled with a lot of highs and lows – well, mostly lows. One of the sectors that showed its might throughout this year was internet gambling. While the transition to online gambling activities was mainly catalyzed by the coronavirus pandemic, experts were already projecting a lot of good things for the gambling industry.

Unsurprisingly, there was a significant surge in the demand for online gambling services and this not only resulted in significant revenue bumps for the sector but also saw the launch of a ton of amazing innovations.

Some of the areas that we have seen a ton of impressive developments are in the gambling dApps scene which is just beginning its journey. While the numbers that these new forms of gambling apps are attracting are still not quite as big as what traditional iGaming solutions offer, they come with a new or untapped audience that is definitely going to push the industry forward.

The main attraction of the dApps is that they offer something that other traditional mobile apps are not able to – that is, they allow the users to play from anywhere using their smartphones. We are headed towards a future where crypto-powered online gambling will be the norm. Thanks to the robustness of the new solutions as well as the fact that they are very hard to censor gambling dApps have a massive following that is expected to grow even bigger in the coming years.

Key Innovation Areas

Digital currencies and other elements of the crypto sector are being championed as the future of online gambling. The promise of a ton of new opportunities and possibilities is primarily driven by the belief that more innovative use-cases and applications of the technology will be realized along the way.

As you may have already noticed, there are some key areas whose development will drive the industry forward. These include the support for micropayments, easier onboarding as well as the demonstration of provably fair gambling. There are already lots of efforts being pursued in this regard but it will certainly take a bit of time.

A Few Setbacks

Crypto has come a long way since the late noughties and all of the advancements in the sector have proven to be very useful. Even so, it still is not quite there yet. To begin with, mainstream adoption still seems to be a few years away at best. Moreover, such issues as blockchain scaling are still impeding broader adoption.

DAOWallet and the Quest to Make Crypto Gambling Better

Posted on October 3, 2020October 1, 2020 by Aaron Decker

Ever since it launched, DAOGroup has been very aggressive in its pursuit to deliver viable and innovative solutions to a number of the problems that continued to plague the crypto space. The launch of DAOWallet was part of these efforts and this has since grown to become an integral part of the budding ecosystem.

What Is It?

As you may have already guessed, DAOWallet is a digital currency wallet. Launched in early 2020, the cryptocurrency wallet has proven to be a revolutionary product especially with regards to its position as a bridge between digital currency and fiat currency for users all around the world. The wallets users can now enjoy instant currency swaps when they are using EUR, BTC, USD, ETH, TUSD, and USDC.

DAOWallet offers two account types. One is for individuals and the other is for businesses. All of them will have access to the same core features such as being able to store their funds in cold storage. For businesses this is very useful for growth and security – the cryptocurrency wallet conducts monthly audits in order to eliminate any loopholes that may be exploited.

What This Means for Online Gambling

For many online gamblers who have been holding out on using crypto, DAOWallet gives them a very compelling reason to finally join the bandwagon. By stabilizing the prices of crypto coins, the wallet protects both individuals and businesses from volatility. They do this by simply converting all of the incoming transactions with the most favorable market.

Also worth noting is how easy it is for businesses including gambling operators to integrate with DAOWallet. As if that is not enough, iGaming operators and other kinds of businesses also get to enjoy many other perks including competitive fees for deposits and withdrawals – there are chargebacks or rolling reserve for this.

“In essence, DAOWallet offers a simple, clean solution for partners wanting to integrate crypto payments into their casino brands. We do all the heavy lifting and compliance work at our end, so operators can work hands-off on the payments side and focus on driving acquisition to a new audience of crypto users.” DAOGroup’s CCO Glen Bullen commented.

DAOGroup has so much planned for DAOWallet. The platform has recently inked a major partnership with MoneyMatrix and there are several other unspecified partnerships in the pipeline. Additionally, even more improvements will be arriving for DAOWallet in the near future. Perhaps this is a sign that the cryptocurrency sector is ready to take the next leap towards mainstream adoption.

Category: Cryptocurrency