Bitcoin Casino News

Biggest Crypto Gambling Announcements of December 2020

Posted on January 3, 2021January 1, 2021 by Aaron Decker

It goes without saying that 2020 was one of the most challenging years of the past decade. The coronavirus pandemic wreaked havoc on people’s lives as well as the operation of lots of businesses around the world. Now, even though things are beginning to get back to normal, it is safe to say that some of the effects of the virus will linger on for a better part of 2021.

Still, lots of businesses managed to find ways of operating through the pandemic and delivering useful products and services to their customers. Online gambling operations were some of the ones that kept moving forward despite all that. Some sectors such as crypto gambling even managed to pull off some pretty impressive launches.

Here are two of the most notable ones from December 2020 that are likely to make even more waves this year:

CoinsLoot’s Crypto Loot Boxes

Decentralized crypto platform CoinsLoot has recently made history by allowing its users to purchase Loot Boxes with ERC-20 tokens. These Loot Boxes offer average crypto enthusiasts the opportunity to own instant crypto portfolios which they can then spend on products and services in the real world.

Loot boxes are generally quite popular in mainstream gaming and this is the very first time that they are coming to the crypto community. These will thus benefit from the transparency and trustworthiness that CoinsLoot’s services and products boast of. Its provably fair algorithm is also set to significantly benefit the new system thus opening doors for yet another very innovative use-case for crypto.

Cloudbet’s New Arcade Games

Another notable launch as we head into a new year is by Cloudbet. The company has recently unveiled a suite of exciting provably fair games which are now available under the newly-created Arcade tab on its website.

“Our customers have been asking for classic crypto games, as they have traditionally played elsewhere, and we are more than happy to oblige. Our ongoing priority is always going to be adding features that matter to our customers. In this instance, it’s to provide a one-stop-shop for them to play all their favorite crypto games,” a Cloudbet spokesperson commented.

Among the amazing new arcade games that the operator’s customers can look forward to enjoying are Aviator, Dice, Mines, and Plinko. All these are based on fan-favorite titles that have been around for over a decade which means that they should catch on pretty quickly. In fact, Cloudbet added these after getting lots of customer requests for them.

More iGaming Innovation Expected as Demand for Crypto Gambling Rises

Posted on December 3, 2020December 1, 2020 by Aaron Decker

2020 has been filled with a lot of highs and lows – well, mostly lows. One of the sectors that showed its might throughout this year was internet gambling. While the transition to online gambling activities was mainly catalyzed by the coronavirus pandemic, experts were already projecting a lot of good things for the gambling industry.

Unsurprisingly, there was a significant surge in the demand for online gambling services and this not only resulted in significant revenue bumps for the sector but also saw the launch of a ton of amazing innovations.

Some of the areas that we have seen a ton of impressive developments are in the gambling dApps scene which is just beginning its journey. While the numbers that these new forms of gambling apps are attracting are still not quite as big as what traditional iGaming solutions offer, they come with a new or untapped audience that is definitely going to push the industry forward.

The main attraction of the dApps is that they offer something that other traditional mobile apps are not able to – that is, they allow the users to play from anywhere using their smartphones. We are headed towards a future where crypto-powered online gambling will be the norm. Thanks to the robustness of the new solutions as well as the fact that they are very hard to censor gambling dApps have a massive following that is expected to grow even bigger in the coming years.

Key Innovation Areas

Digital currencies and other elements of the crypto sector are being championed as the future of online gambling. The promise of a ton of new opportunities and possibilities is primarily driven by the belief that more innovative use-cases and applications of the technology will be realized along the way.

As you may have already noticed, there are some key areas whose development will drive the industry forward. These include the support for micropayments, easier onboarding as well as the demonstration of provably fair gambling. There are already lots of efforts being pursued in this regard but it will certainly take a bit of time.

A Few Setbacks

Crypto has come a long way since the late noughties and all of the advancements in the sector have proven to be very useful. Even so, it still is not quite there yet. To begin with, mainstream adoption still seems to be a few years away at best. Moreover, such issues as blockchain scaling are still impeding broader adoption.

Betsoft Inks Content Supply Deal With CryptoBet

Posted on November 3, 2020November 2, 2020 by Aaron Decker

Renowned gaming content service provider Betsoft Gaming has recently entered into a lucrative supply deal with CryptoBet, one of the most highly-acclaimed crypto gaming platforms on the planet. As per the terms of the agreement, Betsoft’s robust portfolio of games will now be available to CryptoBet’s customers.

Needless to say, this is pretty exciting especially considering just how good a reputation Betsoft has in the world of gaming. Betsoft has been known to offer a solid range of award-winning online casino games to all of its partners. CryptoBet will now have access to the same high-quality offerings that the company has in store.

While it just launched in 2019, the RTG Global-owned and operated CryptoBet has quickly gained a lot of popularity among gambling and crypto enthusiasts. Players can use any of the 16 cryptocurrencies on the iGaming platform to process both withdrawals and deposits. In addition to allowing its customers to place bets using digital currencies, CryptoBet further integrates more conventional gambling formats, a feature that is meant to make it appeal to an even wider audience.

Since it is a growing online gambling business, CryptoBet is a great partner for Betsoft. Both companies have some pretty ambitious growth plans and by working together they have a much better chance of succeeding.

“We are delighted to be in business with Betsoft Gaming. The quality of their games is acknowledged worldwide. We are confident that the integration of their slots to our site will be successful for both companies.”
Pablo Quirós, General Manager at RGT Global.

Further affirming the company’s delight at acquiring a new partner, Betsoft Gaming’s marketing manager Kai Botha said that the partnership is very much in alignment with their “global development strategy.”

Amazing New Releases from Betsoft

Betsoft is always innovating and adding new titles to its portfolio. The company has just ushered in a new month by launching a brand-new online slot game. Miles Bellhouse and the Gears of Time, the new game, features some of the best-in-class graphics, super smooth animations as well as outstanding themes that will make slots enthusiasts immediately fall in love with it.

Miles Bellhouse and the Gears of Time will become officially available to the game developer’s partners on November 5. The rollout may occur in phases but there is a pretty huge chance that all of the gaming operators using Betsoft’s software will have the game in their catalogs in a few days or weeks. Hopefully, CryptoBet, its new partner, will be one of the places where the new and exciting slot game will be available.

DAOWallet and the Quest to Make Crypto Gambling Better

Posted on October 3, 2020October 1, 2020 by Aaron Decker

Ever since it launched, DAOGroup has been very aggressive in its pursuit to deliver viable and innovative solutions to a number of the problems that continued to plague the crypto space. The launch of DAOWallet was part of these efforts and this has since grown to become an integral part of the budding ecosystem.

What Is It?

As you may have already guessed, DAOWallet is a digital currency wallet. Launched in early 2020, the cryptocurrency wallet has proven to be a revolutionary product especially with regards to its position as a bridge between digital currency and fiat currency for users all around the world. The wallets users can now enjoy instant currency swaps when they are using EUR, BTC, USD, ETH, TUSD, and USDC.

DAOWallet offers two account types. One is for individuals and the other is for businesses. All of them will have access to the same core features such as being able to store their funds in cold storage. For businesses this is very useful for growth and security – the cryptocurrency wallet conducts monthly audits in order to eliminate any loopholes that may be exploited.

What This Means for Online Gambling

For many online gamblers who have been holding out on using crypto, DAOWallet gives them a very compelling reason to finally join the bandwagon. By stabilizing the prices of crypto coins, the wallet protects both individuals and businesses from volatility. They do this by simply converting all of the incoming transactions with the most favorable market.

Also worth noting is how easy it is for businesses including gambling operators to integrate with DAOWallet. As if that is not enough, iGaming operators and other kinds of businesses also get to enjoy many other perks including competitive fees for deposits and withdrawals – there are chargebacks or rolling reserve for this.

“In essence, DAOWallet offers a simple, clean solution for partners wanting to integrate crypto payments into their casino brands. We do all the heavy lifting and compliance work at our end, so operators can work hands-off on the payments side and focus on driving acquisition to a new audience of crypto users.” DAOGroup’s CCO Glen Bullen commented.

DAOGroup has so much planned for DAOWallet. The platform has recently inked a major partnership with MoneyMatrix and there are several other unspecified partnerships in the pipeline. Additionally, even more improvements will be arriving for DAOWallet in the near future. Perhaps this is a sign that the cryptocurrency sector is ready to take the next leap towards mainstream adoption.

Cryptoslots Launches Cowboys vs Aliens Slot

Posted on September 3, 2020September 1, 2020 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.

ESPN Announces Blockchain-Powered iGaming Platform

Posted on August 3, 2020 by Aaron Decker

ESPN which is one of the most recognized names in the eSports and gaming space has recently announced that it has launched a new blockchain-powered online gambling platform. The new platform is a robust next-generation gaming environment that not only allows users to leverage the full range of blockchain’s capabilities but also lets them tap into the world of digital currency. This means that players will be able to deposit funds into their accounts and withdraw the winning using Bitcoin and several other digital currencies.

The payments will be powered by Cryptopay, a renowned player in the crypto space. Cryptopay was chosen specifically because of the success it has had when it comes to makes digital currency payments a lot simpler, swift, and secure.

What to Expect

When ESPN Global first hinted at the new offering, it said that it was prepping a platform that would consolidate the most popular games into a single application for crypto prizes. Its plan was to use blockchain technology to decentralize both verification and support for transactions. Now, it seems that they have achieved all that.

Now, players are able to enjoy all the perks of the blockchain and digital currencies while still having access to top-notch online gambling experiences. Users of the platform are able to choose a game or even join other players to compete in real-time – here, the players with the highest scores are the ones that are awarded.

One other feature that many players will certainly appreciate is the premium membership offering. This allows some customers who are part of it to have priority access to slots as well as early access to some of the most popular games.

ESPN Global has also integrated Satoshi’s Treasure, a recently launched game into the platform that offers mind-blowing prizes to the winners. In addition to the game, the operator will also be giving each of its players airdrops of its Smart Gaming Token (SGT) as gifts. Now, that is not something that you will want to miss out on.

The Growth of Crypto-Powered Gaming

Needless to say, online gambling has been on the rise and it is increasingly integrating other technologies. Digital currencies and blockchain have become the leading technologies for many online gambling businesses simply because they offer solutions to some issues that have plagued the industry for a very long time.

With huge brands such as ESPN Global now leading by example and showcasing just how useful the crypto-ecosystem is, the growth of crypto gaming is certainly set to pick up the pace. Its been over ten years since Bitcoin, the first cryptocurrency, came to be, and perhaps it is finally going mainstream as originally intended.

Crypto Casinos Becoming a Norm in the United Kingdom

Posted on July 3, 2020July 2, 2020 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.

CryptoSlots Donates Thousands of Dollars to Direct Relief

Posted on June 3, 2020June 3, 2020 by Aaron Decker

Many industries and economies across the world are still reeling from the effects of the coronavirus pandemic. There are, of course, some industries or businesses that have been able to keep operating, and some of them are all about helping people pass time while in lockdown. Thankfully, many of these businesses have been doing more than just offering people ways to kill time.

Needless to say, beating the pandemic is a collective effort and thus it is very nice to see that even the gaming industry has been playing a role in the efforts. CryptoSlots, one of the most popular crypto-powered betting platforms in the United States has not been left behind. The company has over the past month been running the Micro Monsters Donation Campaign which is aimed at helping in the fight against COVID-19.

The company has recently donated nearly $15,000 to Direct Relief, a charity organization that works both in the United States and internationally. In the areas where it has access to, the organization tries its level best to equip medical professionals with essential medical resources as they continue taking care of people in various medical facilities.

Direct Relief has been running the COVID 19 Relief program for a better part of the year in a bid to assist health workers in the frontline on the fight against the coronavirus. Their aim is to ensure that the health workers are protected and that the affected individuals receive the best care possible.

Spinning the Reels for a Good Cause

Crypto Slots has given its customers the opportunity to play a fun and exciting game while at the same time participating in the fight against COVID-19. Every game you play has, therefore, in one way or the other, contributed to the donation. All of your spins will go to a good cause.

“We felt it was time to step up and help those who need it. We are so grateful for our players’ support in this effort. They kept those reels spinning and made a meaningful contribution to a group that’s supporting frontline workers and helping the neediest… Hopefully, this contribution will make a difference to those on the front line, as well as providing entertainment to those doing their part by staying at home.”
Michael Hilary, the manager of CryptoSlots.

Since its debut in the online gambling space back in 2018, CryptoSlots has gained a reputation for being one of the most revered crypto-based gaming sites. It is known for its top-of-the-line games as well as some very lucrative bonuses and promotions. Micro Monsters is no different – every slot player will certainly have fun with the game and all of the amazing features that it has to offer.

Lucky Player Lands 29 BTC Slots Jackpot at Bitcoin Games

Posted on May 3, 2020May 3, 2020 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.

How COVID-19 Has Impacted the Global Crypto Market

Posted on April 3, 2020 by Aaron Decker

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

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

The Bad

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

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

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

The Good

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

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