Bitcoin Casino News

A Look at Pechanga Resort & Casino’s 4-D Slot Machines

Posted on April 24, 2018May 16, 2018 by Abe Efe

If you are looking for something that is truly unique and stands out from the traditional bells and flashing lights that usually define the old school slot machines, then look no further than Pechanga Resort & Casino’s innovative take on the game. The operator’s new Sphinx 4-D video slot machine gives the customers a chance to change from day to night by just a sweep of their fingers.

But that is just the beginning. Players are also able to reach out and touch floating butterflies and coins on the screens as they go about their gaming business in the hopes of landing a jackpot. It’s a completely immersive experience that is certainly bound to keep players coming back for me.

The Technology Behind It

Manufactured by multination gaming company International Game Technology (IGT), Sphinx 4-D debuted on the Pechanga Resort & Casino floors last month and it has been received quite well since then. Aside from the already sensational 3-D gaming technology that allows the players to interact with floating graphics, the game also includes revolutionary 4-D technology that entails some very neat features.

These features include gesture recognition that is quite accurate, enhanced sound that makes the game even more immersive as well as elevated high definition graphics that make everything look crisp and real. In addition to this, the Sphinx 4-D chair also rumbles and vibrates. Too much? Well, the game developer thought of this as well and they included an option of dialing down on the sensory intensity of the slot machines.

“The concept is that players will be able to feel what they are seeing on the screen,” said Anthony Zamora, the slot director at Pechanga Resort & Casino. “Guests have reported the game is fun to play.”

Even though this particular slot machine is truly exceptional, similar 4-D style gaming is becoming the trend. The goal is to give the players more options and thus set the gaming experience apart from traditional slot gaming. Slot machines are evolving and Pechanga Resort & Casino is lucky enough to have a front seat spot.

Expect to see more goodies as newer skill-based games and themed machines take over casino floors with advanced visuals, enhanced sound, and innovative seats.

“The next generation of games is 4K monitors with distinctive and immersive graphics,” said Greg Colella, the vice president of product marketing for Scientific Games, a renowned game manufacturer. “There are also clever technological things like a speaker that provides surround sound instead of sound chairs which are a little clunky.”

Mt. Gox Ex-CEO Mark Karpeles Lands New CTO Job

Posted on April 21, 2018 by Aaron Decker

The crypto world has had its fair share of drama in the past couple of years but one of the most significant events is the theft of 850,000 bitcoins from Mt. Gox which was once the world’s largest cryptocurrency exchange. As the Chief Executive of the exchange at the time, Mark Karpeles was held responsible for the loss of the bitcoins as well as the exchange’s bankruptcy. While the now-defunct cryptocurrency exchange recovered 200,000 bitcoins, it did not help the situation with Karpeles facing criminal charges and being jailed for nearly a year. An ongoing investigation linked a United Kingdom-based company to the theft of the remaining 650,000 bitcoins.

Karpeles is still facing criminal charges in Japan and thus he is not allowed to leave the country. Regardless, the infamous ex-CEO has been trying to start over with a clean slate.

“I have no way to be sure that I’ll still be able to work in one year, two years. So I cannot really get a normal full-time job”, he said in March in an interview with Fortune.

He has previously confirmed that he has been juggling a number of IT-related jobs that revolve mostly around cryptocurrency and networking. However, his most recent revelation is by far the most interesting. Karpeles has been appointed to a C-level position as the Chief Technology Officer (CTO) for London Trust Media, the world’s leading virtual private network (VPN) service provider.

London Trust Media doubles up as an investment company, particularly in cryptocurrency – it was an early investor in Zcash, a privacy-focused digital coin, and also backs Purse, a startup that allows its users to purchase items on Amazon using bitcoin.

“Mark fought and fell. And although he fell, his skills, experience, and know-how unarguably continue to exist. And so, bringing in a seasoned warrior makes perfect sense to me. I am more than willing to give a second chance to Mark in this fight’s critical hour. I wouldn’t dare say that the person who architected the Titanic should never again architect another ship,” said London Trust Media co-founder and former head of Mt. Gox’s North American operations, Andrew Lee.

Karpeles will be working remotely from Japan since, as mentioned earlier, he is still facing criminal charges and thus he cannot legally leave the country. Also, even though his role as London Trust Media CTO will involve oversight over the companies cryptocurrency-related interests, Karpeles has made it clear that he has lost faith in bitcoin and wants very little to do with the cryptocurrency industry.

“The only thing I’m touching related to cryptocurrency is how to solve this bankruptcy – Nothing more,” Karpeles stated.
“Bitcoin right now is, I believe, doomed. Its original promise of being the future of currency is clearly out of reach.”

Coinsource to Deploy 20 Bitcoin ATMs in the US Capital

Posted on April 17, 2018April 17, 2018 by Abe Efe

Bitcoin ATMs have grown in popularity over recent years with a number of these digital currency outlets being deployed in various locations all around the world. This has spawned a bit of competition among cryptocurrency operators, especially in the United States. However, Coinsource, which happens to be the largest bitcoin ATM network in the world still remains a dominant player in the US. Things are about to get even better for the company with its planned expansion to US capital which will involve the deployment of 20 ATM machines across the District of Columbia and Maryland.

“We are meeting Washington D.C. at an inflection point, where regulators are looking at the value and potential of decentralized currencies and blockchain technology,” said Coinsource CEO Sheffield Clark. “All innovation over time has passed through our Nation’s Capital in one way or another, and we are happy to be now servicing Washington D.C. and the surrounding communities so that they can have easy access to buying and selling Bitcoin.”

The expansion is also a response to the huge demand by users and merchants in the Washington DC metropolitan area. Before Coinsource decided to Venture into Washington, the city already had five bitcoin ATM machines with each being serviced by a different operator. Furthermore, a number of the state’s restaurants, record shops and bookshops among many other businesses have been allowing the use of bitcoin as a mode of payment since last year.

Coin ATM Radar reports that there are currently about 2,753 bitcoin ATMs in the United States – this accounts for 75.75 percent of the global total. With the new development, Coinsource’s bitcoin ATMs will now be servicing 164 million residents in 19 states. The residents in these 19 states will also have the benefits of the lowest rates, account registration from the comfort of their homes as well as exclusive remote enrollment. This is one of the company’s ways of providing financial freedom to the unbanked and the underbanked.

“Our goal is to give everyone the equal ability to access bitcoin, particularly in times of record demand, and participate in this soaring new economy. Part of making this marketplace accessible is making sure our fees are less than half that of any other operator, and customers will be given fee-free transactions for first-time use of any new machine,” the CEO added.

Play’n GO Debuts New Baker’s Treat Slot Game

Posted on April 14, 2018May 16, 2018 by Aaron Decker

Renowned online gaming software provider and omni-channels slots specialist, Play’n GO, has announced a new and fresh treat for its slots-loving customers in the form of its recently launched online slots game titled ‘Baker’s Treat.’ The exciting and freshly minted slot game that was unveiled in a Thursday press release features five reels presented in a British theme. It is also based on a bright and colourful kitchen that oozes of visual appeal from the very first time you set eyes on it. As such, players can enjoy delicious treats set before the top bakers as they help the players find winning lines on that draw them closer to big wins.

The goal of the game is finding the perfect stack of sweet treats in the course of the game. Players receive a token when they land the right stack of treats and once they accumulate three tokens, a Flour Power Spin feature is activated.

The slot game has five such features which make it even more exciting since you can never know which will appear on the reels. These five Flour Power Spin features can introduce wild reels across the dining table, double up reels or upgrade macrons to the high-playing cakes, sponges, pies as well as other indulgent bakes.

To make it even better, when the selected treat of each reel lands five in one instance, the Special Bake Off round is triggered – all five Flour Power features are activated in such cases.

“Baker’s Treat sees the much-loved great British pastime of baking combined with a gaming experience and premium design that will have players’ stomachs rumbling,” Play’n GO CEO Johan Törnqvist commented on the new slot game during the press release. “This latest release shows the quality and breadth of our entertainment provision. Having experienced significant success with our recent grid slot Sweet Alchemy, Baker’s Treat goes back to the much-loved classic slot layout and this variety ensures our players will never get bored.”

Follow this link to get a sneak peek of the game.

Twitter Briefly Shuts Down @Bitcoin Sparking Big Schism

Posted on April 10, 2018May 16, 2018 by Abe Efe

Over the weekend, Twitter suspended the @Bitcoin Twitter account that is run by an anonymous user. The account was then briefly handed over to a user who claimed to be Turkish before it was taken over by another user who claimed to be Russian. However, the account was restored to its previous owner on Monday afternoon, but this has sparked a whole lot of conspiracy theories.

A Twitter spokesperson said that there was nothing to share as the company does not “comment on individual accounts.” Not many people are buying this excuse though:

“That’s some bullshit if you ask me,” the user behind @Bitcoin tweeted. “I’d like to know why my account was given to someone else, and then when it’s reinstated I’m missing 750,000 of my followers.”

Before its suspension, the @Bitcoin Twitter account had over 821,000 followers. Twitter is already making efforts towards restoring all the followers that disappeared even though this will not take it out of the bitcoin community’s spotlight especially considering the vast number of conspiracy theories that the suspension has spawned.

The @Bitcoin account has always been supportive of Bitcoin Cash, the bitcoin fork that was founded by a group of miners, developers and members of the bitcoin community who split off in August 2017 citing a disagreement over how the network’s growing scaling issues would be addressed. The result of this move was a duplicate of the bitcoin blockchain as well as totally new digital currency.

Twitter Has Always Been the Battleground

The relationship between Bitcoin Cash and bitcoin, which is sometimes referred to as a Bitcoin Core, has always been rather rancorous, to say the least. Both cryptocurrencies’ most fervent supporters have always gone head to head against each other with Twitter being one of their favourite battlefields. The @Bitcoin Twitter account is just the latest victim.

Many Bitcoin Cash supporters suspect that the Bitcoin Core supporters had something to do with the suspension of the @Bitcoin Twitter account – they suspect the Bitcoin Core supported falsely reported the account to Twitter for harassment or spam. In general, there has been a lot of back-and-forth online battles pertaining to the two digital currencies which implies that there is more to come.

A deeper conspiracy theory suggests that the @Bitcoin account was suspended because the social media site’s CEO, Jack Dorsey, is a Bitcoin Core supporter. Dorsey happens to have invested $2.5 million in startup known as Lighting Labs that builds technology for Bitcoin Core.

These are all just speculative rumours and theories but regardless of the fact that Twitter recently banned cryptocurrency-related ads, the company has confirmed that it does not have any content rules that are specific to cryptocurrencies.

Casino Game Roundup: Spring Themed Slots for You

Posted on April 7, 2018May 16, 2018 by Aaron Decker

There are slots games for every season and this spring, players can look forward to a neat variety of games. Here you will find some of the best slot titles handpicked specifically for the unique features that each has to offer. Furthermore, you can find all of them at the popular online casino sites.

Flowers

This NetEnt gem is a great pick for any player looking for a simple slots experience. Not only does it come with up to 30 adjustable paylines but it also comes with a splendid display of bonus features that include the wild symbols and the double symbols. Furthermore, Flowers also delivers more perks in form of free spins and multiplier boost of up to 10x.

Spring Break

Spring Break is one of Microgaming’s fully featured slot games with up to nine paylines, a possible 500x multiplier as well as free spins. It is essentially everything a reveller could desire in a slots game jammed into one amazing package.

In Bloom

The flowery IGT slot is designed with five reels and 40 paylines, but for each wager, it can accept as many as 2,500 coins. The game comes with the Symbol Burst feature that sees the transformation of a matching line of flowers. Also, players stand a chance of winning with up to a 15 of a kind and unlocking the Garden Bonus so long as they have more than one butterfly symbol.

Baby Boomers

As its name suggests, Booming Games’ Baby Bloomers borrows from the idea that springtime is a birth time in farms in many parts of the world. As such, the game includes a five-reel slot with infant animal characters – players can use chicks, bunnies and lambs as part of a strategy to win from 10 paylines. In addition to that, the game includes scatter-free spins, wild symbols and expanding symbols.

Fountain of Youth

Playtech’s Fountain of Youth offers the traditional or basic element of a retro slot game combined with outstanding modern aesthetics. The game is a truly unique, to say the least – water splashes from a fountain and butterflies fly across the screen while players spin the game’s reels to win on three paylines. If a player manages to match three fountains on the number three payline, he or she gets to win the 800x jackpot.

Enchanted Garden

This is Realtime Gaming slot that features a five-reel slot that is complemented by 20 paylines. In this slot game, players are allowed to explore the surroundings which are filled with fairies, unicorns, butterflies and other magical creatures. The fairy princess in this game acts as a wild symbol on the second and fourth reels and it can, therefore, deliver 2x winnings. Also, the game features free spins bonus round that offers up to 3x winnings.

4 Seasons

This Betsoft Gaming slot game places players in a faraway Asian land where the players see the land transform through the four seasons of a calendar year. The five-reel slot has additional features that include Yin & Yang Free Spins, Golden Cat Wilds, Multi-reel Black Combos, Rotating Seasons and a mind-boggling 750,000-coin jackpot.

Taiwan Central Bank Poses Money Laundering Rules for Bitcoin

Posted on April 3, 2018May 16, 2018 by Abe Efe

The Central Bank of Taiwan has recommended new rules that are meant to bring bitcoin under the island’s Department of Justice’s anti-money laundering regulations. In October 2017, Taiwan’s Financial Supervisory Commission (FSC) openly showed support for Initial Coin Offerings (ICOs), cryptocurrency, and blockchain adoption and innovation in the country.

However, the situation has since changes especially due to the concerns that have been raised about bitcoin’s recent price plunges. In response to these concerns, the central bank governor, Yang Chin-long, said in a meeting with Taiwan’s Legislative Yuan Finance Committee that some of the banks “response measures” to the “opacity” of bitcoin transactions would include reminding investors about the risks. This will be followed by anti-money laundering regulation of bitcoin.

As it stands, the central bank has been diligently monitoring the volatile movements of bitcoin prices. This move was, however, partially prompted by parliamentary enquiries pertaining to the digital currency. It is still too early to tell if the ministry will support the introduction of anti-money laundering rules for bitcoin but it is still a great milestone for Taiwanese authorities in their bitcoin regulation agenda.

The Taiwan Central Bank’s proposed regulations came just a month after Sheu Yu-jer, the island’s finance minister, expressed his opinion that cryptocurrencies should be taxed. The minister further added that the agency is currently evaluating ways to implement relevant taxation rules. A number of neighbouring Asian governments have already put in place cryptocurrency regulations under anti-money laundering rules that are primarily meant to prevent financial crimes.

South Korea, for instance, officially prohibited its domestic banks from providing virtual and anonymous accounts for cryptocurrency exchange users. It further mandated a new real-name verification process that took effect in February 2018. On a similar note, in early March, Malaysia ushered in an anti-money laundering policy that stipulated that know-your-customer processes have to be adhered to in all cryptocurrency activities.

Enjoy Two-Bitcoin Weekly Tournaments at Bitcoin Casino US

Posted on March 31, 2018May 16, 2018 by Aaron Decker

While online casino businesses have certainly grown immensely and are now more competitive than ever, customers no longer get to enjoy some of the deals, promotions, freebies and offers that were once a norm in the gambling industry. Well, there are a few of these perks but not many enough to get customers excited about joining a new casino. Predicting whether or not everything will go back to how it used to be is rather difficult and as such, the only way for online casino players to keep benefiting from the huge perks is to look in the right places.

BitcoinCasino.us is one the select few online casinos that continue to offer amplified customer benefits instead of cutting back just like most other casinos have. The online casino has rapidly risen to prominence and become one of the fastest-growing ones thanks to the multitude of features it offers. These include amazing deposit and withdrawal methods, the inherent fun players are treated to as well as lucrative money lines.

The highlights of the casino’ offerings are the 2-bitcoin weekly slots tournaments – these tournaments have resonated extremely well with its customers from all around the globe especially because it is currently the only online betting site offering something as valuable as these tournaments. In addition to being an indicator of the site’s commitment to its players, there are no hidden requirements for both weekly slot tournaments. Enrolling for the tournaments is also quite easy and anyone within the legal gambling age is allowed to do so.

At the end of every week, the tournament winner is crowned and his or her BitcoinCasino.us account is credited with the specified two bitcoins. In case there is a draw, the specified 2 bitcoins will be split among all the winners.

Generally, BitcoinCasino.us is a great place for any player that is looking for an engaging and hassle-free online gaming experience. All of the site’s customers are treated to a healthy selection of top-notch games and a variety of tournaments that offer just as many mind-boggling prizes as the two-bitcoin weekly tournament.

Crypto Exchange Binance Set to Exit Japan amid New Troubles

Posted on March 27, 2018May 16, 2018 by Abe Efe

Turbulent times are becoming a norm for the world of cryptocurrency and it seems the members of this community, such as Binance, and its followers have grown resilient to the ups and downs that are witnessed on a daily basis. Regardless of the impeccable grit that members of the crypto world have portrayed in a bid to ensure its survival, sometimes it really does not pay off as expected. There are a lot of different factors that affect the crypto ecosystem one of which is state laws existing in different countries – the officials of any given country usually have more power than anyone else when it comes to digital currency. Binance’s woe in Japan is a great example of this unfortunate circumstance.

The exchange, which happens to be the largest digital currency exchange in the world has been experiencing a bit of turbulence in Japan, where it is based – not for long though. The exchange is now planning to move to Malta following a formal warning from government officials.

Binance is one of the financial entities that are under the oversight of Japan’s Financial Services Agency which serves as the country’s financial field regulator. As it turns out, the Financial Services Agency officials’ attention was attracted by Binance’s lack of an operational license. However, Binance officials clarified that is was not the company’s fault – in reality, it has been looking for ways of receiving registration in Japan, but this is yet to be issued. The Financial Services Agency, on the hand, does not seem to be buying the excuse and it even plans to partner with the law enforcement and file criminal charges if Binance refuses to cease its operations in Japan.

Moving to Malta

Binance had hoped to keep operating in Japan after acquiring licensing but once the formal warning was issued, the final decision was to move to Malta. The exchange announced that it would officially be relocating to the island of Malta, one of Europe’s most popular online gambling hubs. Malta has been quite welcoming to this new development especially because it presents a great opportunity to develop the blockchain-based businesses that operate in the country. Furthermore, the move will serve to greatly improve the already thriving iGaming industry as well as provide more opportunities for development for the licensed operators.

LetBet Forks Its Own Blockchain to Beat the Competition

Posted on March 24, 2018May 16, 2018 by Aaron Decker

For people who have been following the blockchain betting revolution and have an interest in gambling as a whole, finding the perfect combination of the two is certainly on the horizon. Soon, you might be parting with your traditional bookie in favour of the new and more improved ways to gamble. In fact, the online gambling market is gradually edging towards the $600 billion mark in terms of revenues. This is likely to be realized by 2020 and is almost entirely thanks to the stiffening competition among blockchain gambling operators to provide their customers with new and innovative gambling experiences.

Differentiation is definitely an important factor for the dozens of new blockchain gambling operators. As it stands, differentiation in this day and age entirely depends on technology in one way or the other and thus speed and innovation as well fairness are the pinnacles of the blockchain gaming revolution. But thanks to competition, it is going to keep getting better.

LetBet Disagrees

LetBet, a decentralized gambling exchange, however, believes that innovation, speed and fairness are limitations of the Ethereum blockchain and that more can be achieved with the right blockchain. LetBet’s solution to the limitation of the Ethereum blockchain was the development of its own blockchain referred to as the “Libertas Chain.” Libertas Chain is basically the Ethereum blockchain on steroids, that is, it is free of the Ethereum blockchain’s limitations and supports many other non-gambling activities.

Libertas Chain is also a zero chain – no transaction fees are charged and it remains free for life. In addition to this, it is fast, extremely secure and it does a great job at creating the proven fair gambling system that defines LetBet’s gaming experience.

Fast processing speeds and real random number generators (RNG) are, of course, the core concern when it comes to online blockchain-powered gaming platforms. Libertas Chain achieves all these easily and still gives its users the added advantage of being easy to integrate with other gambling games and non-gambling products that the platform will be hosting. Libertas Chain’s Integration Model gives gamblers an expanded breadth and depth of data.