BGaming-BetBit

BGaming Widens Its Crypto Footprint by Partnering with BetBit

BGaming which is a pioneering crypto-first online gambling provider BGaming is has been very busy expanding its footprint. Its latest move in this regard is a lucrative partnership deal with BetBit, a renowned gambling operator. BetBit is known for offering a solid selection of casino games including the world’s very first bitcoin-powered live casino games.

As per the terms of the partnership deal between the two companies, BetBit will now have access to BGaming’s massive portfolio of games. These games include popular and newly added titles such as Aloha Kings Elvis, Elvis Frog in Vegas, Fruit Million, Ring of Riches, Mechanical Clover, and Dig Dig Digger among others.

“We strive to cooperate with crypto operators because this area of work is still very prospective for BGaming. We are delighted to have another fresh but very promising operator BetBit among our partners. There’s no doubt that the project will be successful.”

Alexandr Shavel, Head of BizDev Department at BGaming.

The partnership is also set to get yet another big boost thanks to even more projects that will launch soon. That will come in the form of a multiplayer crypto game. This new and exciting title is likely to be launched in September and when it goes live, BetBit’s customers will also be able to play it. The goal with this is to stir up interest from new audiences while keeping existing customers happy and interested.

High Hopes for the Industry

BGaming’s approach has always been player-driven. This means that it is always finding ways of meeting the very dynamic customer needs that define various operations. It often works hard to learn about its audiences’ preferences to better understand how best to cater to their needs.

In its most recent dive into finding out about industry details, BGaming found some very interesting insights. These will not only determine the company’s efforts going forward but also represents some expectations for the industry.

According to those insights, PC and console games remain very popular. That is, therefore, an area that the company still intends to give a considerable amount of attention to. Similarly, the company unearthed some very interesting info regarding mobile gambling. This is an area that has been getting an incredible amount of attention from nearly all operators across the globe. It is a rapidly expanding market segment that has lots of potential in terms of growth and innovation.

Thankfully, BGaming has already proven that it has what it takes to deliver amazing experiences. All it needs to do is to keep up the pace.

crypto-slots

CryptoSlots Brings New Offerings to Users in July

Renowned cryptocurrency-powered online gambling platform CryptoSlots has kicked off July on a very high note. Customers of the iGaming operator can look forward to a fun month as the company continues to refine its products. Its efforts when it comes to pushing crypto to the mainstream are quite impressive, to say the least. But nothing is certainly more important to the gamers than the overall gaming experience. It delivers on that front too.

Light the Night

The first thing offering that CryptoSlots customers should keep an eye out for is its new ‘Light the Night’ offering. This comes just in time for the 4th of July celebrations and is aimed at giving the customers a treat during the holiday weekend.

Light in Night features several eye-catching additions. These include dazzling fireworks that light up the Las Vegas Strip, as well as Anywhere Wins, Expanding Wilds, Mystery Prizes, and a Pick Me bonus game with instant cash bonuses. Those will just be the beginning though. Players who get started on the game between July 2 and July 8 will get an amazing bonus boost to get them started. For deposits of $10 or more, they will receive a 45 percent introductory bonus that they can use up until July 8. This is only valid for the new game.

There is also a 25 percent match bonus that can be redeemed using the bonus code EXTRASPINS. This is valid for all new slots except for Jackpot Trigger.

CryptoSlots Poker Nights

One other new offering that CryptoSlots customers can now look forward to is the operator’s new Poker Nights. For anyone who is all about enjoying the thrill of a good poker game, CryptoSlots has quite the treat in store for you.

To begin with, the players get to claim an extra 33 percent match bonus when they log onto their accounts. This is valid anytime from 7:00 pm to midnight and works on all deposits of between $25 to $300. POKERNIGHT, the bonus code for this, is valid up to 4 times each day. In addition to that, they can also claim some extra poker chips every single night of the week.

As always, all these CryptoSlots games are exclusively played with digital currencies. To be more specific, the platform mainly deals with Bitcoin, Litecoin, and Monero. This has been a great way for the operator to leverage an otherwise untapped market while at the same time pushing for the growth of the crypto sector. The amazing product offerings are just the tip of the iceberg compared to what more we expect in the future.

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Atari Launches Cryptocurrency Casino in Partnership with Decentral Games

As part of an ambitious plan to regain its former glory as a gaming entertainment powerhouse, renowned software company Atari recently revealed its plans to start an Ethereum blockchain casino in partnership with Decentral Games. To make it stand out from the rest of the industry, the company’s new crypto casino would not feature Atari non-fungible tokens (NFTs) but also offer its users access to several nostalgia-inducing online games. All these would be leveraged by the players to earn even more digital currency. Projections for the venture were pretty optimistic with Atari and Decentral Games looking to exceed $150 million in bets in their first year of operation.

“Atari, and its catalog of classic games, continues to be some of the most recognizable brands in the world. Atari will continue to leverage this notoriety in both gaming and non-gaming-related fields (including hotels and casinos). Most recently, Atari has seen a tremendous amount of success in licensing the Atari-related brands for the use in NFTs,” Atari says.

The company has now followed through with the plans for the crypto casino and it was every bit as high-profile as expected. Last Thursday, the Japanese video game company launched the site in a virtual event that was graced by several artists including DJ, record producer, and electronic musician Dillon Francis.

Huge Auction and High Hopes

The launch event by itself was a pretty huge milestone for the video game turned crypto company. However, it took things a step further through a high-profile auction. Dillon Francis who headlined the launch event was one of the people behind the special non-fungible tokens (NFTs) that were auctioned off during the event.

For this, the DJ partnered and collaborated with MERDA, a renowned visual artist. They then created a total of three NFTs all of which draw inspiration from Gerald the Pinata. These special NFTs were auctioned off on OpenSea and other platforms on Thursday night with the “3D Pixel Gerald” NFT selling for a whopping $17,778 (6.42 ether).

All that points to the seriousness with which Atari is taking the crypto world. In early March, it was revealed that Atari would press on into the crypto space with the formation of a blockchain division, ‘Atari Blockchain’. The launch of the crypto casino sets a strong foundation for further growth for the company in the highly dynamic digital currency and blockchain sectors. it is a very strong start but we will, of course, need to wait a little longer to see how exactly everything pans out.

bethehouse

BeTheHouse Crypto Casino Goes Live for Global Audience

The BET Gaming Network which is arguably one of the biggest names in crypto gaming has been very busy over the past several months. BeTheHouse, one of the projects that they have been working on, is finally ready and is already accessible to users from all corners of the globe.

Also known as BTH, the new crypto casino is filled with dozens of amazing award-winning games all of which have been developed by top game developers. The platform further provides extra features such as incentivized gameplay as well as lots of bonuses and promotions. All these have been designed to set BeTheHouse apart from the competition which is very important in the insanely dynamic and competitive gambling market.

The team that built the BeTheHouse is the same team behind EarnBet and they spend quite a bit of time hyping their new platform. BET token holders are the biggest winners in this case as the decentralized casino offers them a uniquely lucrative profit-sharing initiative. However, unlike EarnBet which operates by recording games on-chain in a decentralized and immutable way, BeTheHouse has been built to be more centralized.

BeTheHouse’s centralized mechanism is primarily meant to foster a more inclusive gaming environment. As such, the users of the platform will be able to access both in-house titles as well as games developed by third-party software developers. Still, there will be no compromise on such things as security and transparency both of which are vital parts of the BET Gaming Network’s ethos.

Lots of Amazing Games

Everything that has been mentioned above will certainly play a huge role in how successful the new platform is. Even so, the aspect that many customers will be most interested in is the actual offerings on the site. Thankfully, BeTheHouse does not fall short in this regard.

On the gaming platform, players will be able to dive into a world of fun thanks to the inclusion of lots of amazing games. The platform has a rather obvious bias towards slot games something that is easily proven by the inclusion of several amazing titles ranging from the classics to the newer or more modern titles. These games are neatly arranged and categorized to make them easy to find. As if that is not enough, these games feature pretty high payouts, amazing themes, and lots of opportunities to win.

For players who prefer other kinds of games, BeTheHouse also has a pretty solid selection of in-house titles which includes popular ones like dice. While the numbers are rather small, the operator has been working really hard to ensure that it adds more titles to its catalog. There is always something new to try out.

online-gaming

More iGaming Innovation Expected as Demand for Crypto Gambling Rises

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

DAOWallet and the Quest to Make Crypto Gambling Better

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.

crypto-gambling-chips

Crypto Casinos Becoming a Norm in the United Kingdom

It goes without saying that the United Kingdom is one of the most lucrative gaming markets in the world.  The country has spawned some of the most recognizable gambling businesses and brands on the planet – that was just the beginning through.

Thanks to technology, the UK’s gambling industry has been able to reach greater heights – this was likely expected especially considering the high demand for gaming offerings in the country. Gamblers in the country have access to some of the best gaming options on the planet thanks to the adoption of the latest gambling technologies, something that has fostered even more growth.

Just when you would think that the industry has reached its peak, there are even more technological trends cropping up as the gaming operators strive to stay competitive and appease their customers. One of the things that are growing significantly is the integration of cryptocurrencies and blockchain. There are now a good number of crypto casinos and an equally large number of operators are adding digital tokens such as bitcoin and Ethereum to their platforms. Some have even gone as far as designing their own digital tokens.

Thankfully, this massive shift can be attributed to more and better awareness of crypto-related concepts. There is a ton of readily available information that details the benefits of crypto, how it works as well as some of its drawbacks. With all that, in mind, gamblers can bow make informed decisions about whether crypto is worth it or not, and considering the current situation, very many of them are quite impressed.

Why Crypto is Growing So Popular in the UK

Cryptocurrencies and digital currencies have been at the forefront of a financial revolution for quite some time. In the world of gambling, the technology presents a whole lot of benefits that could certainly not go unnoticed.

Many gamblers in the United Kingdom have been sold on the idea due to the speed and safety that is associated with digital currencies. Making payments is a breeze and players never have to worry about having their funds withheld.

Moreover, considering the tight regulations in the United Kingdom, some players see crypto as the ultimate option when it comes to enjoying their favorite games while maintaining their anonymity. There could be drawbacks as a result of this but operators are working around the clock to fix some of those issues while retaining all of the best features. So far it is going great.

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How COVID-19 Has Impacted the Global Crypto Market

The whole world is currently feeling the pinch of the coronavirus pandemic that has resulted in major economic disruptions. That said, regardless of where you are in the world, you will certainly be affected by this in one way or the other. Both individuals and several industries are reeling from the effects of the economic slow down brought about by the virus and it gets even worse due to the uncertainty that is it is associated with.

The cryptocurrency sector has not been left behind. Just like many other industries including travel, hospitality, gambling, manufacturing, and tourism, the crypto industry has had to deal with several issues. There are lots of implications that have to be put into consideration.

The Bad

After the World Health Organization (WHO) declared COVID-19 a pandemic, there was a significant drop in risk assets with the stock market reporting some of the worst stats in over 10 years. A lot of these risk assets took a hit and crypto was one of them. This can be seen by price drops that were reported for several digital currencies including Bitcoin.

Fortunately, the assets have managed to recover some of their losses the biggest casualties have thus far been the smaller projects. While more popular cryptocurrencies like Bitcoin and Ethereum might get to recover and even see upticks in their usage, the smaller crypto projects will certainly get the short end of the stick.

To make things even worse, due to the cancellation of most social events and closure of several markets, raising capital is now much harder than it has ever been. Not only are there any meetings to discuss possible investments but the investors are also much warier about what they invest in again due to the uncertainty about the future.

The Good

All is not lost though. While the pandemic is definitely not something to be taken lightly, it has allowed for a number of stablecoins to shine. Currencies like Bitcoin are being pulled off exchanges as more people are considering them as vital stores of value that can help them get through these tough times.

Besides that, we have seen significant contributions from the cryptocurrency community towards efforts to fight and contain the coronavirus outbreak. Companies in the sector like Binance have donated funds amounting to millions of dollars towards such efforts and these contributions are bound to make a huge difference in both the long and short terms.

blockchain

Faster Payouts Coming with Blockchain for Online Casinos

 

The global online gambling industry has been on the rise over the past several years and its upward trend is expected to last a few more years. As much as the industry is on a roll and is growing at a very fast pace, it has still been plagued by a number of challenges. Both the online gamers and the gaming operators have felt the pinch of these shortcomings. One of the most notable ones is the noticeably slow payouts that have left gamblers frustrated and the gaming operators without customers.

Thankfully, several solutions are being considered for these challenges and the blockchain is perhaps one of the most popular ones. This is simply because the technology has bee marketed as the best possible solution for challenges pertaining to quick payouts and greater transparency.

The credibility of many online casinos has been questioned despite the growing number of users and online gambling platforms.  In essence, this means that both the customers and the operators are not able to fully capitalize on the growth. Features such as Trustless gaming are increasingly becoming important buzzwords in the world of online gambling and with time, they might just define how every gaming operator works in the future.

Cost Reduction

Hidden fees are still one of the biggest challenges that customers face when making withdrawals from their online casino accounts. These extortionate charges are often not justifiable and may dig deep into the players’ winnings. No one wants that.

Aside from the fact that blockchain transactions are meant to be superfast, there is also a lot of optimism that it will play a big role in reducing the fees gamblers are charged by a fairly huge margin. Digital currencies are increasingly becoming viable payment options in both the world of gambling as well as in other sectors and this perhaps the first step towards affordable transactions.

Revolutionizing Online Gambling

Online gambling has indeed come a long way since it was conceptualized and the first online gambling platforms launched. Now, it seems like the industry is ready for yet another revolution as the sector goes through massive evolution especially with regards to the operation of the gaming sites. Blockchain and crypto are becoming an integral part of our online gaming experiences and even though they are just beginning to take off, their potential impact can already be felt. Fair, transparent and affordable online gambling is making a comeback like never before.

telegram-ton

Concerns Raised Over Telegram’s Upcoming Crypto Platform

Recent reports have implied that Telegram messenger is set to begin testing TON (Telegram Open Network) its blockchain network in September. The company’s owners raised a whopping $1.7 billion in March in an Initial Coin Offering (ICO) that is one of the most successful ones of all time. Part of the proceeds from the ICO have been used to develop the platforms blockchain network which is aimed at building a universal blockchain infrastructure based on its speed as well as the inclusion of smart contracts. It is therefore very easy to see why many people are so excited about this.

The testing phase of the crypto platform is set to kick off in September and the blockchain nodes will be available as open-source alongside other blockchain database management tools like consensus and shards – these will allow a test-run of TON.

TON is slated to process transactions faster and more efficiently than both Bitcoin and Ethereum while at the same time rivaling widely accepted payment options like MasterCard and Visa. To make it even better, the platform will also be compatible with Ethereum (ETH) when it launches and hopefully, other cryptocurrencies will get support along the way. Very promising, right?

The Concerns

While the TON platform may seem like a solution to a ton of problems, not everyone is convinced that it is what it claims to be. According to a report detailing how terrorists have been using digital currencies, there has been speculation that the release of TON and the associated Gram token pose a significant security threat to the United States’ government.

Telegram seems to be aware of such concerns and has even gone as far as singling out people they believe are terrorists through their privacy policy which reads:

“If Telegram receives a court order that confirms you’re a terror suspect, we may disclose your IP address and phone number to the relevant authorities. So far, this has never happened. When it does, we will include it in a semiannual transparency report…”

Telegram’s chief executive officer, Pavel Durov, has been very adamant when it comes to compromising the security of the messaging platform. However, he has cooperated with governments after terrorist attacks were reportedly coordinated using the app. Now, there is even more scrutiny being directed at the company because of its TONPayments – there is a considerable amount of certainty that this will make it very easy for terrorists to raise funds for their operations all without a trace.