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Penn National Partners with Lightning Box for Online Slots

Posted on May 5, 2018June 6, 2018 by Aaron Decker

Renowned US-based gaming operator, Penn Interactive Ventures (PIV), has recently announced that it has inked a long-term deal with Lightning Box, an Australian-based slots developer. The partnership deal which was struck through Penn National Gaming (PNG), Penn Interactive Ventures’ digital subsidiary, will see to the launch of a number of new titles on PNG online casinos and this will begin as early as this year.

During the initial stages of the rollout of the new titles, they will be limited to social casino platforms. However, the ultimate goal for both companies is to penetrate the real-money space which they will gradually migrate to. Penn Interactive Ventures has been quite busy in the past couple of years – this particular deal represents a small but relevant piece of a larger expansion that has involved partnerships and major deals with a number of land-based and digital operators.

Lightning Box has also been extending its reach to the American space with Penn being among its growing list of partners. The company has already accrued a ton of experience in both the free-to-play and paid platforms and this makes it a perfect partner for Penn.

“Lightning Box’s gaming content is proven across real-money and social gaming platforms. And with its already established U.S. credentials, we look forward to working together for the foreseeable future,” said Penn Interactive Ventures’ Managing Director, Chris Sheffield.

As far as what the deal has in store for customers goes, a decent number of Lightning Box’s titles will be availed on Penn National Gaming online library sometime this year. The first and one of the most popular Lightning Box games titled Chilli Gold will be going live on Penn’s online casino library in the third quarter of 2018. Chilli Gold will then be followed by Respin Rhinos, Dolphin Gold, Silver Lion and many other titles from the slots developer’s 50-title library.

All the titles mentioned above will launch on three of Penn Interactive Venture’s social casino platforms namely: Viva Slots, Big Bonus Slots, and Hollywood Casino. As mentioned earlier, all these will be free-to-play products.

Bitcoin Gambling: Why Online Gamblers are Moving to Bitcoin

Posted on May 3, 2018June 5, 2018 by Aaron Decker

If you’re an active member of the online gambling community, you may have noticed an increase in the number of bitcoin gamblers and casinos offering bitcoin of late. Why is bitcoin gambling suddenly all the rage, and will it continue to grow? Should you be involved in bitcoin gaming? You may have asked yourself those very questions. Fortunately, we have answers to those questions and the future of bitcoin gambling as a whole.

While trying to answer why online gamblers are suddenly moving to bitcoin technology, we’re going to have to look at several different aspects of bitcoin gambling. We need to see how it has improved since it debuted, what makes it appealing, and where it is going. To begin with, let’s start by looking at bitcoin accessibility.

Bitcoin Accessibility

Bitcoin gambling was initially a niche field. Why? Well, bitcoins were niche themselves. Initially, people heard the words “blockchain” and “mining” and realised that they were way out of their depth. Few of us had any idea how to obtain bitcoins, and nobody we knew had access to them. That has all changed now, though.

Bitcoin exchanges are currently all the rage and present players with a simple and easy way to get hold of bitcoins. Since you no longer need to mine bitcoins to possess them, more and more of us are starting to get involved in the bitcoin craze. Buying cryptocurrencies from marketplaces has triggered a frenzy with many players now snapping up bitcoins left, right and centre. The more accessible bitcoins become via markets, the more people are going to acquire them. With more people purchasing bitcoins, they are going to need something to invest them on, and many online casinos have locked on to that idea and are now starting to offer bitcoin gaming, with some even developing in-site exchanges.

Geographical Restrictions Become Null and Void

The gambling world is not as free and liberal as you might like to think. In fact, people in many countries are still not entitled to gamble online. Because of harsh gambling laws, many gamblers must play at dodgy, often blacklisted casino sites which are not adequately regulated (if at all), as they are the only online casinos which accept them.

Bitcoin casinos provide a certain degree of anonymity, and this itself allows players to find ways around geographical restrictions and national gambling laws. Since there is that degree of anonymity, most major bitcoin casinos and betting sites will accept players irrespective of where they reside. As you can imagine, this has turned many players in countries where geographical gambling restrictions are in place to lean towards bitcoin sites.

What happens if the authorities start blacklisting bitcoin sites, so you can’t access them? A handy VPN (virtual private network) should bypass those blacklists, ensuring that you will continue to be able to play at any bitcoin site and that there is precious little any authority can do to stop you.

Changing the Way Deposits and Withdrawals Work

Online casinos offering instant deposit times is not a new concept. In fact, most deposit options at an online casino provide instantaneous deposit times. It is the withdrawal times that tend to be a pain for many players. Fortunately, bitcoin transactions have found a way around that, and that makes bitcoin betting very agreeable to players.

You can often skip verification processes (bitcoin casino gaming can be anonymous, remember) and since that pending period is not required, and KYC (know your customer) protocols are practically non-existent, your withdrawals will be instant. Allowing for a time margin of a few hours to land in your bitcoin wallet, these represent the quickest ways to get hold of your winnings, further boosting the appeal of bitcoin gambling.

Improved Security and Fair Play

When they first started, bitcoin betting sites were unlicensed and not entirely secure. The list of complaints about rigged games was seemingly endless. In a little over two years, we’ve seen a radical turnaround. Surprisingly, many bitcoin sites are not only regulated, but some carry a seal of approval. This seal of approval is known as “Provably Fair”.

This Provably Fair “organisation” for lack of a better word, keeps track on bitcoin casinos and ensures that they are adhering to a predefined set of rules and regulations. In short, they essentially promise that any bitcoin betting site bearing this seal of approval offers transparent and fair gaming. They achieve this by examining the games, and how they work in a process known as cryptography. Analysing the blockchain for transaction histories also allows experts to gauge whether anybody wins and whether betting sites process many withdrawal transactions.

It may not be the same as a bona fide license, but the Provably Fair mark reassures players that the bitcoin betting site they are choosing is safe, secure and adheres to fair play.

Licensed Bitcoin Casinos May Become a Reality

The holy grail for bitcoin betting is to find a bitcoin casino which carries a proper gambling license from a world-renowned and internationally recognised licensing jurisdiction. That is becoming closer to reality. Over the last year, the Maltese Government has been considering making digital currencies legal. As you can imagine, this potentially opens a realm of possibilities for casinos licensed by the MGA (Maltese Gaming Authority).

If this does indeed happen, it will create a whole new angle for bitcoin casino gaming from a legal perspective. We would likely see many more established online casinos with Maltese gambling licenses start to offer bitcoin currency options, provided there were no national restrictions in their operational countries to prohibit this. More importantly, we would see legitimate and well-supported bitcoin betting sites obtain one of the internet world’s most respected licenses to add to their Provably Fair mark. Such a move would undoubtedly convince many gamblers who were sitting on the fence that bitcoin betting is the real deal.

Bitcoin Gambling is More Accessible for Start-Ups

Bitcoin gambling is certainly not limited to the big boys. In the online casino world, most of the more popular betting sites are those casinos and sportsbooks which have high-street outlets, television advertisement campaigns, billboards or a long history. They are the sites which carry the best games from the most prominent names.

The bitcoin betting world doesn’t have to be that way, though. In fact, many bitcoin casino sites are small-scale operations, started by private individuals. Yes, you always run the risk that these are going to turn out to be “shifty”, but many authentic start-up casinos can appear, especially since, at present, they do not need to pay vast sums of money to obtain gambling licenses. This flurry of small-scale bitcoin betting sites has tweaked the interest of many casino enthusiasts and represents something new for the industry. Many players are growing tired of the same old games at the same sites, and the originality that small start-up bitcoin casinos (and their homebrew games) offer has proven very appealing.

If You Can’t Beat Them, Join Them

When threatened by an emerging market such as the bitcoin gambling world, many of the internet’s top software providers and casinos have panicked. We’ve already seen several online casinos ditch their conventional currency options and setup, opting to thoroughly and radically transform into bitcoin casinos instead. By becoming a bitcoin site, doing away with licenses drops their expenses, and with companies such as BetSoft offering quality bitcoin-friendly games to those sites, some of the most prominent casinos have jumped ship and made the transition rather quickly.

By doing this, these casinos have enhanced the competition, giving potential bitcoin gamblers more choice. What began as a niche concept has now spread, and the more casinos with big reputations which make the change, the quicker online casino players will follow. Don’t be surprised if this trend continues, as we see more and more casinos swayed into offering bitcoin gambling to stave off the threat of this emerging market. As the old saying goes, “if you can’t beat them, join them”.

Bitcoin Promotions are on the Rise

The very first bitcoin casinos couldn’t offer players promotions and bonuses like non-cryptocurrency casinos could. Gradually, those that did couldn’t offer players much mileage with their promos, either. That, too, has started to change.

The introduction of “faucet systems” has undoubtedly helped. These promos provide a minimal sum of cryptocurrency cash for players at bitcoin betting sites on a daily basis. More importantly, they often come free of any entanglements, such as wagering requirements and playthrough rates. That has been a significant selling point to anybody thinking of joining bitcoin sites.

If that wasn’t enough, the advent of proper welcome bonuses has pushed the bitcoin casino agenda further. Considering that sizeable new player deals are often one of the main reasons why people choose one casino over another, being able to bag a welcome bonus encourages players to join bitcoin gambling sites.

Other Cryptocurrencies Create Competition

Bitcoin is just one cryptocurrency. If you were a user of another form of cryptocurrency (and there are many), it is unlikely that you’re going to be considering shifting over to bitcoin just to bet at a particular site. Most likely, players would continue to use USD, EUR, GBP or other currencies at standard online casinos. Bitcoin gambling sites have got around this issue by starting to add other cryptocurrencies to their list of accepted payment methods. It is not uncommon to find newer bitcoin casinos and betting sites which also accept:

– Ethereum

– Bitcoin Cash

– Litecoin

– Dogecoin

– and others

There aren’t too many casinos dedicated explicitly to those other less popular cryptocurrencies. However, by not forcing players to choose one cryptocurrency method over another, it is entirely possible that bitcoin gambling sites have encouraged more players to play with them instead of regular online casino sites.

Kinks That Require Ironing Out

Bitcoin betting sites still aren’t perfect, and they don’t have everything their way right now. There are a few kinks which need ironing out if bitcoin gambling sites are to blossom.

Firstly, there is the possibility of delays with withdrawal transactions. If you want your withdrawal processed rapidly, you’ll often need to pay a fee to a miner (his cut, if you will) to get the transaction going. Cashouts which offer little or nothing for a miner will often just end up pending, possibly indefinitely. Most bitcoin casinos get around this by taking a cut of your withdrawal (a withdrawal fee) and having their team process the transaction. If they don’t, you may end up losing a sizeable chunk of your winnings to pay miners to handle your cashout.

Bitcoin is also a volatile currency. The market fluctuated substantially in the latter part of 2017. We saw bitcoin’s value soar before it dropped rapidly around Christmas. When this happens, the bitcoin betting industry suffers just like any other industry. However, with so many countries fiercely opposed to bitcoin, if the market crashes, the entire industry goes down with it. When it soars, more and more players are tempted to get involved in bitcoin betting.

Lastly, there are no player protection policies at casinos or with bitcoin in general. If your wallet becomes hijacked or you “misplace” your bitcoins, then you’ve lost the lot. No bitcoin casinos guarantee players their purse, so, errors can prove costly. At least with online casinos, the sites can safeguard your wallet.

Bitcoin Gambling Will Continue to Grow

Will the bottom fall out of the bitcoin gambling industry? That seems most unlikely. Bitcoin gambling is rapidly on the rise, as you can see from all the points mentioned above. Many are likening bitcoin gambling to the growth of the mobile gaming industry. Sure, it took ten years for mobile gaming to cement its spot, but it is now on-par with online gaming. Some even believe it has already surpassed it. Do not be surprised if bitcoin gambling continues to grow and outpace them both. Better yet, based on the growth of both bitcoin and mobile gaming, we could be faced with the prospect of mobile bitcoin gambling reigning supreme in the future. Now, wouldn’t that be something?

As you can see, cryptocurrency gambling is at an all-time high. Long gone are the days of minuscule, untrustworthy, private websites offering you nothing but a few lacklustre dice games. Major software developers, licensing jurisdictions and casinos are now looking at bitcoin gambling as their future. For all the reasons we’ve mentioned above, you might very well decide to get involved, too.

Bitcoin Casinos: Things You Need to Know Before Investing in.

Posted on May 3, 2018June 5, 2018 by Aaron Decker

Bitcoin casino gaming is on the rise, and many adventurous players are starting to take the plunge. Of course, many of the players who decide to try their hand at bitcoin casinos are doing so because they cannot play online in their own country. Various national gambling laws and geo-restrictions may inhibit their ability to gamble online. Bitcoin casinos, with the anonymity that they provide, offer a way around that.

It isn’t just players in restricted gambling countries who play at bitcoin casinos, though. Anybody who fancies a different way to play, an arguably freer and more private way to play, can get involved in bitcoin online casino gambling. There are things you need to know before investing in bitcoin casinos, though. Let’s look at some of the more important ones.

How to Get Hold of Bitcoins

One of the most common questions bitcoin newbies will ask is, where do I find bitcoins? Since bitcoin gambling has become more mainstream, the number of places you can snap up bitcoins have increased. Initially, you had to mine to bag bitcoins – and that was a challenging process in and of itself – but no more.

One of the more straightforward ways to obtain bitcoins is to use a marketplace. Websites such as Coinbase allow you to snap up bitcoins from sellers using a digital wallet. You can buy and sell most major cryptocurrencies there, so it isn’t just limited to bitcoins. Getting a free digital wallet with them may be the way to go, mainly since over 8.5 million people use this option to trade bitcoins. Other exchanges and marketplaces exist, too, if Coinbase doesn’t tickle your fancy.

Exchanges also exist at select bitcoin casinos. Although they are not found at all bitcoin casinos, some sites allow players to purchase bitcoins directly through them, and players can then use those bitcoins to play at the casino in question. All you need is your bank card, a bitcoin wallet and an account with the said casino.

Alternatively, some ATMs also sell bitcoin. That is a lot rarer since many countries have actively banned bitcoins. However, you can always check if your state has ATMs which offer bitcoin. If they do, they can be bought using your bank card and then transferred to your bitcoin e-wallet.

There are ample ways you can sort yourself out with bitcoins. Once you’ve got your bitcoins, you’re almost ready to start playing. Before that, though, you need to learn a bit of the lingo.

Bitcoin Terminology

The last thing you want is to start betting at a bitcoin casino and have no idea what people are talking about, especially when it comes to terms and conditions. There are a few little things you need to know when it comes to bitcoin jargon and terminology.

Bitcoin glossaries exist across the net, but most go far too in-depth for your average bitcoin casino user. You don’t need to know the ins and outs of bitcoin terminology to start playing at casinos, just the basics will do, such as:

Bit: The denomination of bitcoins equal to 100 satoshis (one-millionth of a bitcoin)
BTC: This stands for bitcoin. When you see something such as 3BTC, it means three bitcoins. One bitcoin equals 100,000,000 satoshis.
Blockchain: The public ledger containing all bitcoin transactions.
Miners: Individuals who process bitcoin transactions and add them to the blockchain, often in exchange for a small predetermined cut of the total transaction.
Mining: The process by which a miner “obtains” bitcoins by processing transactions and adding them to the blockchain.
Satoshi: The smallest bitcoin unit, with each bitcoin being worth 1 million satoshis.
Satoshi Nakamoto: The founder of bitcoin, or at least a pseudonym, but nobody knows for sure whom (or how many people) was involved in its creation.
Transaction Fee: Miners will typically require a “fee” for processing your transaction and adding it to the blockchain. Most bitcoin users will usually add a little extra to their transaction, as miners are more likely to handle transactions faster if there is something in it for them.

Of course, it isn’t going to hurt to get a little more in-depth with bitcoin terminology if you want to learn about cryptocurrencies in detail, but you shouldn’t need anything more than the above to go about gambling at a bitcoin casino.

Cryptocurrency Markets Are Volatile

Of course, it is worth noting that cryptocurrency markets are incredibly volatile. That is mostly because (like the stock exchange) the market is speculative. The more places and merchants which accept bitcoin, the more stable it will become. However, for now, being a risky investment, bitcoin markets are likely to rise and fall with uncertainty. Casino players need to be aware of this before they get involved in bitcoin casino gambling.

There is beauty in the idea of a free currency which is not beholden to any bank or government, and that makes many people interested in the concept. However, you always take the risk that the bottom will fall out eventually. We got a taste of this in late 2017, when the value of bitcoin rose dramatically, only before sharply falling. It has since levelled out again, bringing relief to bitcoin casino gamblers across the net.

Bitcoin Casino Legality, Safety and Security

Bitcoin casinos fit into all sorts of grey zones when it comes to legality, safety and security. On the one hand, most are open to accepting everyone and anyone, on the basis that they are not tied down by licensing jurisdictions and that they offer relatively anonymous gameplay. The downside to this is that if they are not licensed, they probably aren’t properly regulated, either.

If you are going to play at a bitcoin casino which doesn’t showcase properly licensing information, you should look for another mark of certification. One such way to go about this is to look for the Provably Fair accreditation. This organization has taken it upon themselves to establish a set of ground rules that all bitcoin casinos bearing its mark must adhere to. That essentially means that they must showcase that they are audited, that they offer fair play gaming, and that they are committed to paying out winnings to players.

In lieu of other safety and security hallmarks, such as valid gambling licenses and certifications from other guarantors of secure and safe gaming, we would always advise all players to play at a Provably Fair bitcoin casino. Fortunately, it is relatively easy to check out if your chosen bitcoin casino bears this hallmark. Look at their lobby/homepage. Any bitcoin casino which is certified by Provably Fair will display their certificate as a way of easing any players’ qualms about security and safety at the site.

Judging Worthy Bitcoin Casino Sites

Even if you can identify the Provably Fair mark at a bitcoin casino, you may wish to check out alternative sources to ensure that you are playing at a top-notch bitcoin casino. Knowing a little bit about where you are playing before you decide to invest in bitcoin casinos is essential to avoid any nasty surprises.

One of your first ports of call should be to casino review sites, particularly unbiased ones that review bitcoin casinos fairly. A good bitcoin casino review will not only highlight the positive features of a casino, but they will also detail the negative aspects of it, too. They will go into detail about what kinds of features the gambling site carries, the games they offer, the promos they can deliver, and their reputation as compared to other places.

A number of these sites will also offer free play bitcoin games, allowing you to get a taste of the selection of games a site carries before you invest your bitcoins there. They will also offer you “seals of approval” which is a review site’s way of ensuring players that they have done their homework and their due diligence to ensure that a casino they are promoting is safe and secure.

There are countless sites out there which allow players to provide feedback (in the form of complaints) against bitcoin casinos, too. It is worth checking to make sure that any casino you may decide to play at doesn’t have a lengthy selection of bad reports, negative complaints or issues of mistrust. That is mostly the same procedure we would advise players to do before they signed up at any casino site, although since most bitcoin casinos are unlicensed, this goes double for these domains.

Some Casinos are “Bitcoin Also” Instead of “Bitcoin-Only”

There are two types of bitcoin casino sites out there. There are ones which we can call “bitcoin only”, and those which we prefer to call “bitcoin also”. As you can imagine, the former only accepts bitcoin or other cryptocurrencies as their currency and banking options. You cannot use any other form of currency at these sites.

It may be easier for you to start out with bitcoin casino gambling by joining the latter, though. What we call “bitcoin also” sites. These offer bitcoin as one of several accepted currency options and banking options. By choosing these sites, you can make the change to bitcoin casino gaming gradually, allowing yourself an acclimatization period, if you will.

Bitcoin Casinos Can Still See You Play with US Dollars

A good number of bitcoin casinos don’t just accept bitcoin, as we’ve said. Some, although advertised as bitcoin casinos, don’t allow players to use bitcoins to make their bets. Sure, players will deposit using bitcoins, but those bitcoins are then converted into a more conventional gaming currency, such as US dollars, when you want to play the games. When it comes time to withdraw, the casino will convert the US dollar currency back into bitcoins for you. That is a very common practice amongst many bitcoin casinos. So, if you were concerned about how betting on slots with satoshis works, there is an extreme likelihood that you’ll still be betting in US dollars or other more straightforward currencies if this makes things easier for you.

There Are Other Cryptocurrencies You Can Play With

Bitcoins may not be for you; perchance you favour another cryptocurrency? Just because a casino advertises itself as a bitcoin casino, doesn’t mean that they don’t carry other cryptocurrency methods. In fact, most of the more prominent bitcoin casinos will also permit players to deposit using Ethereum, Bitcoin Cash, Litecoin, Dogecoins and others. If you are more comfortable using another cryptocurrency, there are ample bitcoin casinos out there that will let you do that.

Bitcoin Casino Gaming Is Not Perfect…Yet

Bitcoin gaming is on the rise, but it is not, however, perfect. There are still a few things that the industry needs to work on. Although the Provably Fair system has done a lot of groundwork in ensuring that bitcoin casinos are somewhat audited and certified, there are still kinks there. Until bitcoin casinos become fully licensed (and they may do), there is still that air of insecurity surrounding them. Moreover, until the market becomes more stable (it will if more merchants and shops allow users to pay in bitcoins), there is a degree of volatility which you may find troubling.

Bitcoin casinos are an investment which can pay off, but only if you pay attention to how cryptocurrencies work, and you understand what you’re getting yourself in for. Provided you do your homework, though, and pay attention to what you’ve learned; you can find bitcoin casinos one of the most exciting and accessible online casino gambling experiences you can have.

Over 600 Bitcoin Users File Lawsuit Against Bitcoin.com

Posted on April 28, 2018May 16, 2018 by Aaron Decker

Bitcoin.com is without a doubt one of the most prized domains in the cryptocurrency space especially because it is the go-to website for anyone who is interested in learning about bitcoin. The first result that people get when they google “buy bitcoin” is buy.bitcoin.com. On clicking the link, the users are then navigated to a page with two logos which at first glance are quite similar – one logo shows the user the option to buy Bitcoin Cash while the other is for Bitcoin Core. Bicoin.com is the only site that uses the Bitcoin Core moniker for bitcoin (BTC) and this is where the problem is.

In just two days, a “community movement” has amassed over 600 members in an effort to pursue legal action against Bitcoin.com and Roger Ver, its owner and CEO. The movement is accusing the website and its owner for deliberately misleading new cryptocurrency users into buying Bitcoin Cash (BCH) instead of regular bitcoin (BTC).

So far, the group has not disclosed the law firm they have contacted to help with the lawsuit but they did reveal that it is based in St. Kitts, a Caribbean island where, apparently, the Bitcoin.com is also registered. Already the movement has seen to the creation of an official website called bitcoincomlawsuit.info which launched on Friday. People who have complaints or have lost money from Bitcoin.com can submit their evidence and be part of the lawsuit in the newly launched website.

“A group of 600+ participants from influential industry leaders to community volunteers & contributors who devote to protect users from fraudulent businesses and help victims recover lost funds,” reads the website’s description.

The Takeaway

One thing that is clear as far as this lawsuit and other associated issues go is the fact that determining the digital currency that can hold the title of ‘Bitcoin’ is more challenging than expected. Experts will, of course, see it as an obvious thing but it will certainly be harder for newcomers to separate what is real and what is not.

Bitcoin Cash’s has been quite successful, to say the least – despite not being the behemoth that bitcoin is, the digital currency that was forked from bitcoin itself has had a huge impact on the cryptocurrency community as a whole. Nonetheless, there is only one bitcoin and that is the currency with the highest market cap as well as the most overall community and mainstream support. So, while it is possible, the idea that an altcoin like Bitcoin Cash will dethrone bitcoin is an over-ambitious one.

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.”

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.

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.

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.

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.

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Introducing Imperial Opera, Play’n GO’s New Online Slot

Posted on March 20, 2018May 16, 2018 by Aaron Decker

Online slots enthusiasts have one more thing to get excited about this week. World-renowned online slots create Play’n GO has announced the launch of the company’s newest online slot game, titled Imperial Opera. The online slot title is a five-reel game which features 20 paylines will take players into the amazing world of a virtual oriental opera house. The players will also get to view the shows as they are performed by the artists who will all be wearing beautiful costumes with amazing graphics and vividly bright colors.

The Imperial Opera’s star will be the Princess who will be acting as the Wild all through the game. The Princess will be guiding the players towards big wins by assisting them to create winning combinations. In addition to this, the game will also have some new features like the mega scatter symbol that will give the players extra spins.

The Harmony feature will be present as well and it will be activated at random during gameplay. During these random instances, two to three reels will spin the same game symbols. In the meantime, the Crescendo feature will convert the symbols on either one or two reels in the slots games to the Princess, which like was mentioned earlier, is Wild. Another amazing feature of Imperial Opera is called Showcase and when activated it will see each symbol activated and random stacks of symbols seen on the across all five reels.

“We’re excited to launch yet another regionally-targeted slot to our rapidly expanding portfolio in Imperial Opera, and we’re sure players will enjoy the concept and premium gameplay. Our games development team have stepped up their output this year, bringing numerous titles to market which have proved popular across the various territories we are certified within, and I expect to be another smash hit,” Play’n GO CEO Johan Törnqvist said during a press release.

Play’n GO has earned itself a great reputation thanks to its offerings which include operatic sound as well as high-quality graphics in all the game titles in their portfolio. With Imperial Opera, players can expect nothing short of the same great experience they have with all of the company’s games. A bonus feature will be the games compatibility with Play’n GO’s OMNY® tool which gives players the option of transferring their game progress from land-based channels to online or digital channels. Does it get any better than that?