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CryptoCasinoClub Gives a Revolutionary Bang with the First NFT Collection in the Casino World Web3.0

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CryptoCasinoClub, the new edge, innovative blockchain system, is launching the first Casino inside of The Sandbox metaverse. It’s an NFT-based initiative that is generating quite a buzz among metaverse fanatics and NFT holders due to its capability for passive earning. The goal of this project is to construct a virtual casino and distribute revenues to all NFT holders.

The main objective of this project is to own NFT which is a utility collection of 7,777 casino machines stored on the Ethereum blockchain by CryptoCasinoClub. It is understandable that owning the machines in casinos is the ultimate approach to generating extra cash, and that is exactly what CryptoCasinoClub is providing its holders. The aim of this project is for NFT freaks to own the machines of the Sandbox Metaverse’s first casino.

CryptoCasinoClub’s in-house builders work from its Headquarters in Las Vegas to develop and design each Crypto Casino Club NFT. Every NFT layout is one-of-a-kind and provides holders with special utilities that are never seen before. Indeed, CryptoCasinoClub declares splitting the profits from the first Sandbox Casino with its holders.

CryptoCasionoClub is growing as a community-owned casino within the Sandbox Metaverse to set the groundwork of Virtual gambling. This NFT project allows holders to receive major amounts of profit in the digital world.

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CCC is a very unique project which already has a lot of assurance and potential. The group behind this initiative is great at making commitments and then fulfilling them. It is quite popular to be the first to deploy in Sandbox, and they plan to keep up with Web 3.0’s advancement by integrating the following metaverses that will appear in the coming years. In association with the casino, the NFT project is delivering the opportunity for everyone who purchases their NFTs to gain a part of the revenues generated by the casino.

Furthermore, CCC announces that the holders of NFTs with a winning combination on the inbuilt slot machine will either win the prize or receive an airdrop in ETH for the worth of the prize they have earned. In addition, every week, a Crypto Casino Club holder will win 25% of the revenue collected from public royalty profits on the secondary market.

The holders of CryptoCasinoClub can use a stacking system that will enable them to stack their NFTs within the casino to passively create assets while still participating in weekly raffles for a chance to win half of the pool.

CryptoCasinoClub has unlocked its doors and is ready to welcome players from all around the world who have a desire for virtual money. CCC’s team aimed to offer something distinctive from the other 95% of NFT ventures. They are among the 5% of initiatives that have both a genuine purpose and a value backing them.

Besides that, they identify themselves by the fact that, prior to the mint of their NFTs, they had already come to the realization of the majority of the project by investing their own money. To be more specific, they did not wait for the mint of the NFTs before constructing the casino in The Sandbox; rather, they had already built the casino prior to the mint.

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CCC wanted to give its members something substantial before the NFTs became on sale to the general public. As a result, they pledged to do everything in their power to build the world’s largest casino. They were able to work with architects and developers directly working with the official Sandbox and deliver the most beneficial platform to generate passive revenue.

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Andrew Cochrane Chief Business Officer of GiG

GiG increases Ontario market presence, powering the launch of Casino Time

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Gaming Innovation Group Inc. (GiG), has announced the launch of Casino Time, powered by its award winning iGaming platform and pioneering real-time rules engine LogicX, with revolutionary sportsbook, SportX soon to follow, to further extend its footprint in the regulated Canadian province of Ontario.

The launch of Casino Time carries extra significance, marking only the second time that on-demand, regulated online Bingo has been made available in Ontario. The new Bingo product vertical, launched alongside a strong Casino offering, will be boosted by GiG’s new sportsbook, SportX, as part of a planned release later this year.

GiG has focused its solutions on driving exponential growth in revenue for operators with its highly scalable iGaming platform, offering localised third party content and leading suppliers for the Ontarian market. GiGs peerless gamification layer creates an optimised and immersive casino experience tailored to regional preferences, swelling client retention and player engagement.

Canadian owned and operated, Casino Time is a joint venture amongst leading retail operators in Ontario’s Charitable Gaming sector, delivering Bingo, Slots and Live Dealer Casino Games. Promising a personalised service and community experience, Casino Time is continuing its long-standing partnership with local charities, introducing its joint fundraising model into the iGaming space for the first time.

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Now coming towards the end of its second year of licensed operations, Ontario has emerged as one of the largest iGaming markets in North America, second only to New Jersey according to data supplied by Vixio. The first and as yet only Canadian province to launch a regulated market, Ontario boasts more than 1.6 million active player accounts spread over 40 plus operators, generating €1.3 billion in Gross Gaming Revenue (GGR) in its first year of trading, with this data supplied by iGaming Ontario.

Andrew Cochrane, Chief Business Officer of GiG, said: GiG continues to set the pace with a strong cadence of brand launches in 2024, and I’m pleased that when operators are seeking platform solutions in regulated markets, GiG is leading the pack. Our partnership with Casino Time, will help deliver something new and exciting to the Ontarian market, and further helps to demonstrate the flexibility of our solutions, adapting to match the regional aspirations of our partners to deliver growth.

D’Arcy Stuart, CEO of Casino Time, said: “We are thrilled to partner with GiG as the core technology provider of our iGaming platform. Their powerful suite of player engagement tools, as well as diverse content and regulatory integrations, underpin our ability to serve and delight our player community. Our hybrid online and offline customer network, as well as unique bingo offerings, will drive exciting opportunities as the platform and the marketplace continues to grow.”

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Canada

Glitnor Group expands IBIA’s betting integrity presence in Ontario

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Glitnor Group, operating under the LCKY Group in Ontario, has joined the International Betting Integrity Association (IBIA). Glitnor Group’s luckycasino.ca brand sportsbook will feed into IBIA’s world leading betting integrity monitoring platform. The operator joins over 50 companies and 125 leading sports betting brands in IBIA and further cements the association’s position as the leading sports betting integrity monitoring body in Ontario and globally.

David Schwieler LCKY Group CEO, said: “At Glitnor Group, we’re dead serious about keeping our betting games fair and square. That’s why teaming up with IBIA is a big deal for us. We know how crucial it is to protect the spirit of sports, and we’re ready to roll up our sleeves and work closely with the IBIA to make sure sports betting stays exciting, speedy, and above all, fair.”

Khalid Ali, CEO of IBIA, said: “I am delighted to welcome Glitnor Group as IBIA’s latest member in Ontario. Glitnor and IBIA share a common goal to maintain the integrity of the sports betting marketplace and to protecting consumers and sports from match-fixing. Ensuring product integrity is paramount to our approach and we look forward to integrating Glitnor within our leading global sports betting integrity monitoring system.”

IBIA is a not-for-profit body that has no competing conflicts with the delivery of commercial services to other sectors and is run by operators for operators to protect regulated sports betting markets from match-fixing. IBIA’s global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets.

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Through the IBIA global monitoring network it is possible to track transactional activities linked to individual customer accounts. IBIA members have over $300bn per annum in betting turnover (handle), accounting for approximately 50% of the global commercial regulated land-based and online sports betting sector, and in excess of 50% for online alone.

IBIA recently released a report on the Availability of Sports Betting Products which highlighted Ontario as a leading regulated gambling jurisdiction, with an expected onshore channelisation for sports betting of 92% in 2024 forecast to rise to 97% in 2028. IBIA currently represents over 60% of the private sports betting operators licensed in the province. All online sports betting operators licensed in Ontario are required to be part of a betting integrity monitoring body.

IBIA’s 2023 annual integrity report detailed 184 alerts reported in the year, which represents a decrease of 101 (or 35%) on the revised 2022 figure of 285 alerts. IBIA alerts contributed to the investigations and subsequent successful sanctioning of 21 clubs, players and officials in 2023, an increase on the 15 sanctioned in 2022.

The post Glitnor Group expands IBIA’s betting integrity presence in Ontario appeared first on European Gaming Industry News.

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Bragg Gaming Group

Bragg Gaming Announces Resignation of Chief Financial Officer

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Bragg Gaming Group Inc., a global B2B gaming technology and content provider, announced that Chief Financial Officer (CFO), Ronen Kannor, has notified Bragg’s board of directors (Board) that he will resign from his position to pursue other career opportunities, effective June 3, 2024. The Company confirms that the search for a replacement CFO has commenced.

Matevž Mazij, Chief Executive Officer and Chair of the Board, commented: “We thank Ronen for his dedication and commitment to Bragg over the past four years and for his unwavering service as a pivotal member of the leadership team.

“During his tenure as CFO, the Company has undergone huge positive transformation including being uplisted to the Toronto Stock Exchange, dual listed on the NASDAQ and successfully completing two acquisitions, all while reporting consecutive years of revenue, gross profit and adjusted EBITDA growth. We wish Ronen all the very best in his future endeavors.”

Ronen Kannor commented: “It has been an honor to be part of the Bragg team which has successfully navigated many challenges and continued to deliver consistent growth over the past four years. I thank the Board for their support throughout my time with Bragg, and I am now fully focused on ensuring a smooth handover to my successor.

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“Special thanks goes to my finance team, who work tirelessly to deliver the positive change and financial growth that the Company continues to achieve. I wish them and all of my colleagues continued success with Bragg now and in the future.”

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