Author: Abe Efe

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IGT Gaming Accounts Could Soon Accept Crypto Deposits

Posted on by Abe Efe

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

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

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

High Hopes for Crypto and Cashless Payments

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

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

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

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

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Cryptoslots Launches Cowboys vs Aliens Slot

Posted on by Abe Efe

Renowned crypto-first online gambling destination Cryptoslots has been very busy buffing up its impressive portfolio of offerings. In mid-August, the iGaming platform rolled out a very unique promotion that allowed its customers to play for tickets to a monthly draw. This amazing promotion was open to all of the site’s real money customers and they would all have a shot at the huge prize money that the operator promised. All that players need to do to earn the daily Crypto Lotto ticket is to place bets of at least $100 on all slots except Jackpot Trigger.

As if the amazing promotion is not enough, the crypto-powered online gambling operator has puffed up its impressive portfolio of games yet again with the launch of the Cowboys vs Aliens slot game. This is a pretty huge development for the studio.

Players will get to dive into an immersive world of fun that combines space and the Wild West. The in-house game presents an action-packed adventure that will really appeal to fans of cowboys and aliens. Still, even people who are not familiar with the concept will have a lot of fun playing the game. Not only is the design of the game very good but its graphics are also quite crisp. The included Mystery Symbols as well as the bonus round where the Wilds double the players’ wins are certainly going to make this particular offering a fan-favorite.

The $100 Introductory Bonus and More

Cryptoslots lets its customers kick off September on a high note not just with the new slot games, but also because of the mind-blowing bonus that accompanies it. Any of the site’s customers that make a deposit till September 5 will receive a $100 bonus that they can then use to try out Cowboys vs Aliens. To receive this bonus, you will need to deposit at least $150 and use the code NEWSLOT.

Even if you miss out on this bonus, you will still have nothing to worry about as the site has built a reputation for offering some of the most generous bonuses in the industry. Moreover, there are tons of other amazing games that are available for players to dig their teeth into. All you have to do is find one that tickles your fancy.

Finally, being a crypto-first online gaming site, Cryptoslots allows crypto users to reap all the benefits of digital currencies. They can enjoy unmatched security, speed, and reliability while using Bitcoin, Monera, Bitcoin Cash, and Litecoin.

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Crypto Casinos Becoming a Norm in the United Kingdom

Posted on by Abe Efe

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.

bitcoin-slots

Lucky Player Lands 29 BTC Slots Jackpot at Bitcoin Games

Posted on by Abe Efe

Lots of gamblers have been enjoying their favorite games online over the past couple of months amidst the lockdown that resulted from the coronavirus pandemic. While it is definitely a difficult time for many people, many entertainment businesses have been working very hard to ensure that their customers are not too bored during their stay at home. Gaming is fun and all but nothing quite beats the thrill of being able to land a win of any kind. It gets even better if it is a huge win.

For one lucky online gambler, staying at home and enjoying their favorite game has proven to be quite a rewarding experience. This player is now 29 BTC richer after winning a lucrative jackpot when playing an exclusive game of Slots at Bitcoin Games.

For anyone who might not be familiar with Bitcoin’s value, the 29.65 BTC that the player won is as of this writing equivalent to a whopping $250,000. Now that is certainly a decent payoff for staying at home and enjoying one’s favorite games.

Anyone Can Win

Bitcoin Games is quite proud of the fact that the lucky player was able to land the jackpot. The gaming platform has certainly got a lot more points in the eyes of online gamers simply because the jackpot win is an illustration of fairness. In essence, anyone playing on the site is just one lucky gaming session away from a life-changing sum of money.

This can easily be proven by the fact that the player who won the amount had just joined the online gaming site a short while ago. The player did not have to wait too long to land the win either. Needless to say, this is some amazing marketing for the online gambling site.

Living Up to the Promises of Bitcoin

Aside from proving that it is indeed a trustworthy online gambling site that treats all of its customers fairly, Bitcoin Games has also proven that it is focused on delivering on the promises of digital currencies. These include speed, significantly lower costs as well as unmatched levels of privacy. For instance, the winner of the 29.65 BTC was able to play and win anonymously.

In addition to that, the site has built up quite the reputation when it comes to offering a ton of great features besides the provably fair games that it offers. These include world-class customer support as well as an impressive selection of games. All these make it the ideal gaming destination for any crypto and casino games enthusiast looking to make use of their free time during the slowdown.

crypto-gaming

Is It Time to Fully Upgrade to Cryptocurrency Casinos?

Posted on by Abe Efe

What a time to be alive. 2020 is finally here and it is quite amazing that we can ask these kinds of questions. Cryptocurrencies and associated technologies have finally gained enough popularity and are mature enough to be integrated across a number of industries. However, does this necessarily mean that it is time to fully replace traditional online casinos with crypto-based options? Maybe.

A Decade of Massive Developments

The emergence and growth of digital currencies over the past decade was quite bizarre even though crypto enthusiasts have been preaching about the digital currency revolution for years. The gambling industry’s adoption of digital currencies and blockchain was, on the other hand, quite unexpected. Even so, the development was welcomed with open arms especially considering the huge benefits that are associated with them.

Digital currencies have been improved in a number of ways in order to ensure that they deliver on the promises of better security as well as affordability with regards to the transaction fees. They now offer tremendous advantages over tradition fiat currency.

Moreover, the integration of the provably fair gaming systems has been a huge boost for gaming operators. Needless to say, online gamers are always looking for the best ways to maximize their gaming experiences. Provably fair systems not only ensure that they are able to enjoy fair games but also assures them that their winnings will be paid out.

As you may have already discerned, all the developments and improvements have been specifically designed in order to lead the world to mainstream crypto adoption. The technology is already used widely but it certainly has not caught up with traditional financial systems. This is perhaps an issue that is related to lack of trust or simply skepticism from parties that are of the opinion that ten years might be a little too short for the technology to fully mature.

The Verdict

As mentioned earlier, switching to a crypto-only casino is totally justifiable but that is a decision that only the gamers can make at this point. That is, so long as they are familiar with how the digital currencies work. For online gaming operators, things might not be quite as simple. While a number of online casinos have already integrated digital currencies, only small chunks of their customer bases utilize them, at least at the moment.

We cannot deny the fact that digital currencies like bitcoin are cheaper to use for transactions thanks to their decentralized nature. Still, using these currencies as the only form of payment on the sites is a very risky bet for the gaming operators. Even so, it is quite commendable that it is something that can be discussed at length unlike the case a few years back. So, yes. 2020 can be the year you fully upgrade to crypto gambling. It is all up to you.

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Greentube Extends Footprint in Sweden With New Content Deal

Posted on by Abe Efe

Renowned online casino solutions provider Greentube has recently announced that it has signed a deal with Svenska Spel’s online gambling business. Svenska is Sweden’s state-owned gambling operator and Greentube is one of NOVOMATIC Interactive’s divisions. Both companies will be utilizing the OGS platform to integrate Greentube’s casino content with the operator’s online gaming platform.

Thanks to the new partnership, Greentube’s massively popular gaming content will be live on the Svenska Spel Sport & Casino. In addition to the very large number of online slot machine titles that will not be available on the Swedish operator’s online gambling platform, it is also set to feature a decent number of classic land-based games that have been adapted for the online gaming sector.

Competing in the Swedish Market

Before 2019 rolled around, Svenska Spel was the sole operator in the Swedish gambling industry. However, the Swedish market was reorganized at the beginning of the year and this saw a number of operators gain entry into the very lucrative market.

While this was certainly great news for the gamers, it meant that Svenska Spel had to get used to competition from a number of international operators. With that much competition, the state-owned operator has had to pursue moves that are meant to make it just as appealing or better than the competition. This is where the deal it has inked with Greentube comes in.

With Greentube’s help, Svenska Spel will be able to significantly enhance its offering. Svenska Spel Sport & Casino VP Product Casino Jonas Nygren pointed out that the operator is counting on Greentube’s massive selection of casino titles to drive more customer traffic.

“Our customer base has been extremely engaged with their catalog of games and we look forward to a longstanding partnership moving forward,” the CEO said.

The Swedish market is still coming to the recent changes in the gambling sector and therefore Svenska Spel might still be able to re-establish itself as a leading player in that space.

Greentube’s Expansion Plans

Besides Sweden, Greentube has also been keen on extending its footprint in a number of different markets across the globe. Most recently, the gaming solutions provided launched a number of its titles in Croatia with PSK.hr, an online casino that is owned by Hattrick.

Greentube has also had its sights set on Switzerland, another country whose gambling market was recently reorganized. The Swiss online gambling industry is just a few months old at this time which means there is a great opportunity that Greentube can take advantage of.

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Concerns Raised Over Telegram’s Upcoming Crypto Platform

Posted on by Abe Efe

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.

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Vegas Crest Casino Adds Booongo Slots for US Market

Posted on by Abe Efe

Online gamblers in the United States are set for a treat thanks to the addition of Booongo’s impressive online slot portfolio to the Vegas Crest Casino catalog. The Vista Gaming-owned online casino operator will be rolling out gaming content from the software developer and its US-based customers are going to be among those that will be able to access the new offerings.

Vegas Crest Casino which is licensed by the gambling authority of Curacao is among the few industry players that accept players from the United States – the country does not allow online gambling operators within its borders to offers online gambling services to its people except in a few states where the practice has been officially legalized. Regardless, gamblers in the country are still able to enjoy online gambling on international online casinos without worrying about a lot of legalities since the law mostly speaks about the operators themselves and not the players.

With the over 40 Booongo slots that it will be adding to its already existing massive library of more than 1,000 online games from some of the leading software developers in the industry, Vegas Crest Casino will be even more appealing to online gamblers both across the United States and the rest of the world. In the United States, the online gaming platform will be the exclusive source of Booongo games which means that players who like slot machines will be swarming the site to get a piece of the action.

According to the casino software developer’s chief executive, the new online slots are set to “immerse players in a rich atmosphere with exciting game features and innovative gameplay” which simply means that they are among the very best that the global online gambling industry has to offer. Very few online casinos can match up to these offerings.

Booongo’s Quest to Concur the World

Having been in the online gaming industry for years, Booongo has been able to build a strong reputation for itself as one of the best suppliers of 2D and 3D online gambling content on the planets. The content it offers does not just look good but also offers a ton of great things including unique and authentic features as well as innovative game mechanics and math models. One of the most popular features is the game spectator mode which allows players to play one-on-one tournaments live.

In addition to having some of the most polished games in the iGaming space, Booongo also boasts of catering to very large audiences in all corners of the planet. In fact, the supplier’s gamers currently support a total of 18 languages with more set to be added in the near future. Its expansion to the United States’ online gambling market is just the beginning.

kryptium

Kryptium Brings Decentralized P2P Betting to the Blockchain

Posted on by Abe Efe

While online betting is one of the most profitable businesses on the planet, the main, if not the only, beneficiaries are the large centralized online gaming operators that run the industry. Well, not anymore. A new platform and dApp referred to as Kryptium is now allowing online gamers from all over the world to connect with each and place bets – this peer-to-peer gaming model eliminates the need for a centralized odds-makes otherwise referred to as the ‘house’. This means that is possible for almost anyone from any part of the world to connect and make bets with the new application.

How It Works

One of the most powerful features of the blockchain and crypto networks is their ability to connect people directly. The Kryptium dApp exploits this feature to allow gamblers to make event-based wagers on just about any event that they may want – these range from fantasy games, typical sporting events such as poker games to even the outcomes of popular TV shows such as Game of Thrones. Kryptium allows players to place three types of bet on upcoming events. These are:

Pool Bets. – These are the kind where players bet on the predicted outcomes with all the bets being placed into a single pool. The players whose bets correctly predict the outcome of the event then share the pool. Moreover, the odds for this type of bets are dynamic and are hence dependent on the number of players in the pool and the wager amounts that each of them places.

Head-to-Head Bets. – For this type bet, one of the players opens up a bet for which they define the odds that another player is supposed to match. This model is perhaps the purest one in existence since the gamblers are completely free from any unfavorable and centrally defined odds.

Multi-Player Bets. – If you are a high roller, then this kind of bets will best suit you. In this case, the player who defines the odds does the same as they would in the Head-to-Head bets but this time, multiple players are required to match.

The Perks

Other than the aforementioned bet options, Kryptium customers are also treated to even more perks that are not provided by the traditional online betting platforms. For instance, the players can expect top-notch security not just because the dApp is based on the Ethereum blockchain but also because the platform has gone out of its way to further enhance it to ensure that player funds are protected.

Furthermore, customers will also appreciate the platform’s transparency, the exception user interface that it offers, the extremely low commissions as well as the advanced level of control that it gives them. That is very hard to beat.

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A Look at the Crypto-Mining Smartphone Trend

Posted on by Abe Efe

Smartphone innovation has been at the very top of technological trends for over a decade now and just when we thought we had seen it all, we have once again come to see that there is still more to come. From the folding phones to the 5G phones that were showcased at the recent Mobile World Congress (MWC) in Barcelona Spain, tech enthusiasts were treated to bizarre and incredibly unique takes on the gadgets that have nowadays become a part of our day-to-day lives.

That said, one of the standout presentations at the MWC this year was the world’s first ever crypto mining smartphone. There have, of course, been other crypto-related smartphone innovations in the recent past but all of them mainly involved phones that could support blockchain technology. Great examples of these included the HTC Exodus 1 which was launched at a fairly reasonable starting price and could be purchased using either fiat currency or digital currency. The company hoped the new innovation would help them to steer the mobile and crypto industries to the new era of the next internet but it remains to be seen how this will all play out – the company’s mobile division has been on the rocks for quite some time now.

Wings Mobile, an Italian company headed by Antonio Milio, an Italian entrepreneur, has however chosen to take a totally different approach with by unveiling a smartphone with crypto-mining capabilities. Dubbed the Minephone WX (Wings WX), the smartphone will reward its user with a “prize” amounting to up to 2 ETH (Ethereum) on a monthly basis. This is some serious value, especially because Ethereum (ETH) and bitcoin (BTC) remain to be the top most valuable digital currencies on the planet.

How It Works

The limited-edition Minephone WX is basically a regular smartphone that uses glasses and steel to deliver on both durability and great visual appeal. At its core is a high-performance MediaTek Helio P60 oct-core SoC that powers the phones operating system and its “mining operations”.  It also has 128 GB of internal storage, 8 GB RAM and two high resolution (24 + 16 MP) rear cameras.

Obviously, there is no specialized mining equipment that can fit it into existing smartphones in order to allow mining on the Minephone WX more efficient. As such, the actual mining occurs in a third-party mining pool which the phone is connected to through a Smart Contract. The phone then receives a daily reward based on the mining power contracted.

Now, this is definitely innovation at its best but it is still hard to see how it will all play – maybe it will be a success among crypto and tech enthusiasts, or maybe not.

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