Laura P. | BitcoinCasinos.us

BGaming and Duelbits Debut Game for Crypto Casino Enthusiasts

Posted on July 2, 2022July 1, 2022 by Laura P.

Rapidly expanding iGaming content provider, BGaming has enhanced its content partnership with Duelbits. The latter is a cryptocurrency casino and sportsbook which has been making waves in the industry lately. As part of this agreement, BGaming has created a branded exclusive slot for a new generation of crypto players. Duelbits customers can look forward to top-notch gaming as the new title was created in collaboration with the casino’s team.

What the Game Offers

The Duelbits Quest slot machine is a basic five-reel, three-row slot machine that offers avid slot players a total of twenty-five paylines and a variety of exciting bonuses. We cannot also forget to mention the solid range of features that add a ton of value to the gaming experience.

The branded game blended high-quality mechanics with exciting features such as in-game jackpots, free spin games, coin respins, and the famous Buy Bonus function. BGaming developed in close coordination with the Duelbits team to match the preferences of its burgeoning crypto casino audience. That consists of young players who are knowledgeable about technology and are looking for personalized experiences.

According to Alexandr Shavel, who heads up the Business Development Department at BGaming, the concept of making individualized video games is not new. However, the solutions that the industry provided have always seemed to be difficult to implement and costly for game creators and operators. They were able to effectively overcome all of the hurdles, and they are now delivering high-quality branded games in a short amount of time while maintaining a deep degree of customization.

Since the company’s inception, Duelbits has been focused on developing innovative methods for increasing client interaction. Because of this, they are delighted to collaborate with BGaming on the introduction of this fascinating new online casino slot game that opens a new world of possibilities.

Massive Growth Ahead

Branded exclusive games are slowly becoming a mainstay in the world of online gaming. Casino operators may enhance their relationships with players and boost overall engagement and operators’ gross gaming revenue (GGR) by around 30 percent on a single title.

This notion is gaining traction among both crypto and fiat casinos. BGaming, for instance, is now producing up to three or four games each month for its clients. All these new additions are both branded and unique. The seamless integration of BGaming’s content into a cryptocurrency exchange is what makes some of these solutions stand out as being very innovative.

The Wikimedia Community to Stop Accepting Crypto Donations

Posted on May 2, 2022 by Laura P.

Following a three-month debate in which the environmental effect of bitcoin and other digital currencies was a significant discussion topic, Wikimedia, the non-profit foundation behind Wikipedia, has decided to cease accepting crypto payments and donations.

Accepting donations in digital currencies including popular options like BTC and ETH signals the endorsement of digital coins and a clear push for more mainstream adoption. These also have a reputation for being “inherently predatory” as investments. As such, they do not align with the Wikimedia Foundation’s commitment to environmental sustainability, according to a proposal from contributor Molly White.

Crypto miners have been accused of polluting the environment by utilizing massive quantities of computer power to confirm transactions. Molly White included this in the proposal. The foundation singled out BTC and ETH for their high energy requirements, while also pointing out that there are alternative “greener” cryptocurrencies. However, these are less extensively used even for payments or donations to the foundation.

The decision was reached via a vote. Nearly three-quarters of the fewer than 400 people who voted, leaned in favor of no longer accepting BTC. This is definitely a big deal for the crypto community as proponents have been working hard to increase adoption. However, all hope is not lost it seems. Wikimedia has kept the possibility of restarting crypto acceptance on the table. For now, it will continue to watch the situation.

Can crypto go green?

The energy consumed by computers to issue new digital tokens via a process known as “proof of work” accounts for a large part of crypto’s environmental effect. That is simply because it requires a lot of computing power. According to some estimations, the server farms that compete to produce new Bitcoins consume as much power as a small nation every year.

A greener crypto future most likely implies a more regulated one. Two types of legislative measures for crypto regulation are possible. The first kind would need greater openness on the carbon costs of operating a cryptocurrency mining farm. The second would involve regulators imposing some form of carbon tax. Already, these kinds of rules are being pushed by some notable environmental and economic justice organizations.

Other options such as the adoption of renewable energy at the mining farms have also been fronted. Still, we cannot dismiss the fact that crypto is growing at an incredibly fast pace and government regulatory measures often take time to create and implement. It will very certainly fall to the industry to embrace sustainability with the same zeal that it has innovated.

Bitcoza Debuts World’s First Charity Bitcoin Casino

Posted on March 2, 2022March 1, 2022 by Laura P.

Crypto charities are not an exactly new concept but the idea of a Bitcoin charity had not come up until recently. Bitcoza, a fast-rising operator in the world of crypto has recently launched what it claims is the first charity Bitcoin online casino on the planet.

According to the creators and operators of the platform, Bitcoza is aimed at offering players a fun gaming environment while at the same time giving them a chance to contribute to initiatives aimed at making communities. Better. So, in addition to being a profitable entertainment spot, the platform has an interest in assisting in the protection of endangered species.

This will be achieved by the company donating up to a whopping 50 percent of its revenue to charitable campaigns. As mentioned, the key focus of the charity efforts is endangered species so we expect to see a bias in that regard.

One of the current initiatives that the company is currently pursuing with its top-level VIP program involves saving the endangered Pinta Island Tortoise. The Pinta Island Tortoise which is currently at the Galapagos National Park and Conservancy is the only of its kind left in the world. In addition to that, Bitcoza has also been offering support to the World Wide Fund For Nature and the International Fund for Animal Welfare.

More About Bitcoza

Since its launch in the Spring of 2021, Bitcoza has built up quite a reputation. To begin with, it is a licensed and regulated gaming site. It has a license from the jurisdiction of Curacao. Players are therefore assured of fairness and safety. The operator also plans to take this a notch higher by rolling out a set of responsible gambling tools. These are going to come in handy for tracking spending and playing responsibly.

While its charity initiatives specifically reference Bitcoin, the iGaming site accepts several other digital currencies as payment methods. These include Bitcoin Cash, Ethereum, Dogecoin, Litecoin, Dai, and USD Coin. Increasingly popular crypto tokens are also eventually bound to find their way onto the platform.

When it comes to the games, Bitcoza has a pretty solid selection of titles too. Among its popular titles are blackjack, poker, baccarat, lotteries, slots, and roulette. One of the most notable things about the platform is the fact that its bonus schemes could net players up to a whopping $22,000 in bonuses. To make it even better, these bonuses are not accompanied by any wagering requirements should players choose to withdraw them.

Some Expert Predictions for Crypto and iGaming in 2022

Posted on January 2, 2022December 30, 2021 by Laura P.

The new year is finally here and, as always, everyone is already looking into what might eventually come of it. For various industries, the beginning of a new year is often both a time of reflection and a time to ramp up preparations for what’s to come. This applies to the gambling and crypto industries as well.

These two sectors have enjoyed a surge in popularity over the past couple of years and 2022 is seemingly set to be yet another great year for them. There were, of course, some ups and downs. Still, from what we have already seen, it is possible to estimate the trajectory of these sectors. Some of the things that we should watch out for include:

More Mainstream Push for Crypto

For a long time, the gambling industry carried nearly all the weight as far as mainstream crypto use is concerned. 2021 changed that significantly thanks to the impressive rise in institutional interest. Lots of mainstream organizations including investment firms and financial institutions got in on the world of crypto.

There is a lot of optimism about 2022 and how it could be an even better year for crypto. Institutional support is one of the biggest pieces of the puzzle when it comes to bringing crypto use to the mainstream. More adoption of digital tokens and currencies will likely be a defining aspect of the year.

The Rise and Rise of Non-Fungible Tokens

Non-fungible tokens (NFTs) were one of the most divisive topics in 2021. While some people saw it as a fad, there were lots of people who saw its potential. The idea is still quite new to many people even those in the crypto community. This raises a few eyebrows with regards to its future.

Well, many experts are optimistic that NFTs are here to stay. The innovative technology has proven to be quite popular among crypto enthusiasts and creators alike. The latter have been able to find new ways of making money from their work. A few issues such as concerns about power consumption will need to be ironed out though.

Enter the Metaverse

With huge companies such as Meta (formerly Facebook) and Microsoft making a play for the Metaverse, the technology was a huge part of conversations in 2021. In 2022, those conversations continue and we expect even more announcements about potential additions to the metaverse.

Knowing how dynamic the iGaming sector is, it will not be long before we hear about more operators leveraging the power of the Metaverse. Crypto and the blockchain will, without a doubt, be a huge part of that shift.

Cloudbet Unveils First-Ever Crypto Horse Racing Book

Posted on November 2, 2021November 1, 2021 by Laura P.

Since its launch, Cloudbet has grown to become one of the most trusted crypto-powered sportsbooks and casinos in existence. It has also built a reputation for being a very innovation-focused operator. The company has recently shaken up the world of betting with yet another first-of-its-kind offering. Users of the platform will now be able to use digital currencies to bet on horse races.

This move came just in time for the 2021 Melbourne Cup on Tuesday. Cloudbet customers will now bet on the horse races using over a dozen digital currencies including bitcoin. As expected, they will get to reap all the benefits of the crypto ecosystem. These include such things as better margins, much lower transaction costs as well as significantly faster withdrawals.

All that will not only apply to the Melbourne Cup which is Australia’s top event but also other huge races on the international calendar. Aligning with Cloudbet’s ambitious expansion plans, the new developments will certainly mean a lot for the growth of crypto. The gambling casino has been leading the way towards more mainstream adoption. With events as big as the horse racing competitions in Australia and other parts of the world, this might not be too hard to achieve.

Supercharging the Crypto Betting Experience

Horse race betting is just one of the few new additions that Cloudbet has been working on over the past several months. The company has also been spreading its footprint to other verticals ranging from political betting, esports betting, and social bet sharing. It currently boasts of up to 17 full native sportsbooks offering services in 17 languages to players from all around the globe.

To support all these amazing ventures, Cloudbet has also been inking deals with companies that will help it to boost its ability to polish the experience even further. One of the most notable ones from the past few months is a partnership agreement it inked with Dash. This gave the platform the ability to use Dash Digital Cash on its platform. Cloudbet has also been able to tap into the impressive features that the Dash blockchain has to offer.

“We are excited to work with Cloudbet, one of the most reputable names in the iGaming space. With Cloudbet’s many offerings, Dash payments make sense whether you are looking to place a last-minute bet or rapidly withdraw your winnings. You won’t find a more secure and rapid form of payment.”
Omar Hamwi, Business Development Lead at Dash.

Already, the partnership is paying off. If that is anything to go by, horse racing fans have a lot to look forward to.

BC.GAME Receives License from Curacao

Posted on September 2, 2021September 1, 2021 by Laura P.

Fast-rising crypto-first gaming operator BC.GAME has recently checked off a huge milestone in its quest for expansion. The operator now has a gambling license and is now one of the very few officially regulated crypto-powered iGaming platforms. This license is from the jurisdiction of Curacao.

Anyone who has been paying even slight attention to the gambling sector will be familiar with Curacao. Officially referred to as the Curacao Interactive Licensing N.V. (CIL), it is one of the leading and most popular casino gambling licenses. Lots of operators often apply to be licensed and regulated by the body. Players trust its license thanks to the great reputation it has as a third-party regulatory body. It is best known for having a trustworthy, responsible, and stringent but fair licensing protocol.

Since BC.GAME now has a license from Curacao, it is safe to say that the company has proven that it adheres to all the rules and complies with all of Curacao’s applicable gambling regulations. This put the gambling operator in a unique position. First, the license further strengthens its beliefs and mission to provide outstanding security features. It also further affirms the company’s plans to deliver an optimal and provably fair gambling experience to the users.

“We have achieved a huge milestone by getting our gaming license and we are very optimistic about the future. Our new status as a regulated online casino allows us to offer 1000s of third-party games from the world’s top online casino slots and game providers. The gaming license means that we can also run a sportsbook and host live dealer games as well. We couldn’t be more excited.”
Chris Butler, the BC.GAME COO.

The license has been published on the Interplanetary File System (IPFS).

Huge Leap Forward for Crypto Gambling

While there has been massive growth in the crypto and gambling spaces, iGaming platforms that solely rely on digital currencies have found lots of difficulties when it comes to getting licenses. That said, BC.GAME’s achievement in this regard creates represents a lot of new enthusiasm for the future of the sector.

BC.GAME currently supports over 50 cryptocurrencies. Most of the other operators do not support that many digital currencies for either deposits or withdrawals. We should probably see more influx in terms of online casinos that get licenses from regulators across the globe. Moreover, this is an indication that more and more people are now warming up digital currencies.

Crypto.com To Sponsor Formula 1’s New Sprint Races

Posted on July 2, 2021July 1, 2021 by Laura P.

Renowned international racing auto racing organization Formula 1 has become one of the latest entities to partner with the crypto industry. This is thanks to a multi-million-dollar deal between the organization and Crypto.com which is one of the fastest-growing crypto platforms in existence.

As per the terms of the partnership agreement, Crypto.com will now be able to enjoy a significant amount of brand presence around Formula 1 events. This will begin with the new Spring qualifying format that Formula 1 will be using to determine the starting positions of cars in some of its races.

Speaking on the new development, a spokesperson from Formula 1 said that they are very excited about the partnership. Crypto.com’s reputation as a leading crypto platform across the globe certainly opens doors for new ways of fan engagement. F1 director of commercial partnerships Ben Pincus has also confirmed that cryptocurrencies are “an area we are very interested in.”

All the Sprint races will go down in three rounds of the championship in 2021. After its launch at Silverstone, more events will likely head to Monza after which the next location will be selected. There is speculation that this could be either Interlagos in Brazil or the Circuit of the Americas in the USA

NFTs Coming to Formula 1

The idea that one of the biggest racing organizations will now be associated with the crypto industry is very exciting, to say the least. What is even more exciting is the fact that some arguably newer crypto technologies such as Non-Fungible Tokens (NFTs) will be a part of the deal.

“As F1 continues to explore new ways for fans to engage and become more immersed in the sport, Crypto.com will also become the Official Cryptocurrency Sponsor and NFT Partner of F1. Mirroring the fan-first approach F1 has adopted to engage with new audiences, Crypto.com aims to democratize the world of cryptocurrency for fans, through education and experiences in the new partnership.”

To kick things off, Crypto.com will be presenting a brand-new award. This is yet to be announced but we expect some news on it ahead of the Belgian Grand Prix.

All in all, this is a great step forward for the world of digital currencies. The sector is still fundamentally considered to be complicated. Thanks to such partnerships as the one between Crypto.com and Formula 1 we can expect even more growth. It is going to be very exciting to see how this partnership pans out going forward.

Update: Atari Crypto Casino Finally Launches with Virtual Party

Posted on May 2, 2021 by Laura P.

Last Thursday, renowned Japanese video game company Atari followed through with its plans to launch a cryptocurrency casino. This was through a virtual launch party that was hosted in Decentraland. Needless to say, the launch was a pretty huge milestone for the company as it doubles down on its efforts to become a huge player in the world of crypto gaming.

One of the biggest highlights of the launch event was the amazing performance of Dillion Francis, one of the world’s most popular DJs, record produces, and accomplished electronic musicians. He performed a DJ set via a live stream in the Casino Quarter of Vegas City on Decentraland. Atari was so impressed with this performance that they have gone on to say that it broke every record for a launch party.

The NFT Sale

Dillion Francis was one of the people that were behind the special non-fungible tokens (NFTs) that were auctioned off during the launch event. For that, the DJ and musician teamed up with MERDA, a popular visual artist. They then created three amazing NFT’s all of which were inspired by Gerald the Pinata

Dillon’s and MERDA’s NFTs were auctioned off on OpenSea and other platforms during Atari’s launch party. One of them featured a “3D Pixel Gerald,” and it sold for 6.42 ether (ETH) – this is the equivalent of $17,788 as of the time of this writing. Also worth noting is that the launch party began with a doubled prize pool which then brought the total prize pool for the launch to a whopping $20,000.

More to Come

Atari also recently announced plans for the formation of a blockchain division known as the Atari Blockchain. This move further solidifies the company’s venture into the world of crypto. Likely, the move will also nudge other companies to work towards similar initiatives.

Atari Crypto Casino Coming in 2021

Posted on April 2, 2021April 2, 2021 by Laura P.

In March, renowned video game developer Atari announced that it has plans to launch a crypto casino. Known as Atari Casino, the new crypto casino would allow users to enjoy playing the company’s iconic gaming titles such as Pac-Man, Pong, Space Invaders, and Asteroids among others using digital currencies like Bitcoin. While the game developer is yet to provide any information regarding a specific launch date, it is anticipated that the launch could be as early as May or even April depending on various factors.

Still, this is a very exciting move for Atari. Last year in October, the company launched its first digital currency. This was shortly followed by the announcement of its plans to join the Ethereum virtual reality game Sandbox. Needless to say, these were the first indicators of Atari’s growing interest in expanding its presence in the crypto space. It is safe to say, an Atari-owned crypto-based gaming site was inevitable.

Lucrative Collaboration

For this venture, Atari partnered with Decentral Games on the Ethereum blockchain. The two partners have been working on several Atari-themed games as well as Atari non-fungible tokens (NFTs) – players will be able to leverage the latter to earn more digital currency. NFTs have grown very popular over the past several months and it is not surprising to see that big brands such as Atari are trying to capitalize on it.

Atari Casino will be based in “Vegas City” which is a gaming district in Decentraland, the Decentral Game’s metaverse. For anyone who is not familiar with the concept, Decentraland is simply a virtual world where visitors can visit using their avatars.

“By combining our expertise in building crypto casinos with Atari’s decades of experience in developing video games, we are excited for our community to immerse themselves in an innovative and new gaming experience,” Decentral Games’ statement read.

Some of the amazing things that players can look forward to on Atari Casino include games of luck as well as several titles that require both skill and luck. Anyone familiar with Atari’s classic offerings will be very happy with the nostalgia-inducing games that will be available on the platform.

High Hopes

According to the joint statement from Atari and Decentral Games, they expect to see bets of up to $150 million in 2021. This is further expected to rise to a whopping $400 million over two years. These are some pretty ambitious projections but they are pretty confident in being able to pull it off. For now, we will just have to wait and see how it all plays out.

India’s Parliament Proposes Crypto Ban

Posted on February 2, 2021 by Laura P.

Last week, news broke of a proposal by the Indian parliament to ban what they termed as “private” cryptocurrencies. Now, crypto has always been on the sights of several governments around the world but not a lot has been done to threaten the sector in most jurisdictions. India is, on the other hand, a little different hence the attention.

As it stands, the country’s ruling party has control over both houses of Parliament which implies that there is a huge possibility that the proposed bill could become law. Known as the Cryptocurrency and Regulation of Official Digital Currency Bill 2021, the new proposal seeks to outlaw the use of crypto in India.

However, this does not mean that India will be completely cutting ties with crypto. Instead of the so-called “private” cryptocurrencies, the Indian government will be shifting its focus to providing a framework for creating an official digital currency. This will be overseen by the Reserve Bank of India (RBI) which will not only distribute the currency but also regulate it.

The Industry Reacts

This is not the first time that India has made controversial proposals with regards to the crypto sector and, as expected, the move has generated some buzz. Both local and international crypto investors have already weighed in on the issue.

To begin with, many members of the crypto industry have been very open to the idea of the government developing a central bank digital currency (CBDC). This not only affirms the strength of crypto as a worthy replacement of fiat currency.

However, crypto stakeholders are not too happy about the plans by the country’s parliament to term certain digital currencies as “private”. In essence, any cryptocurrency that is not sovereign, including bitcoin, may be prohibited.

It is worth noting that, as it stands, there is no certainty about which specific digital currencies will be affected. This is because the government is also considering some unspecified exceptions in a bid to promote the underlying blockchain technology.

“The digital currency bill to be introduced in the Lok Sabha is a welcome step. Its success will depend on the details, particularly the definition of what the bill calls ‘private cryptocurrencies’. This is not a common term. Bitcoin is not privately owned by anyone. It is a public good, like the internet,” said Rahul Pagdipati, CEO of ZebPay.

A consensus among industry stakeholders is that these crypto-assets and the government’s digital currency are more than capable of coexisting. Hopefully, more consultations will be conducted to ensure that the new laws can adopt a more forward-looking approach.

BitcoinCasinos.us

Author: Laura P.