Blockchain

The Influence of Modern Payment Solutions on Internet Gambling

Published

2 years ago

October 5, 2022

Technology has revolutionized how people interact with the world around them. Nowhere is this more apparent than in the online gambling industry, where modern payment solutions have made it easier than ever for people to bet on their favourite sports or play real cash casino sites from CasinoHEX.in list. In this blog post, we’ll look at how modern payment solutions have changed the online gambling landscape and explore some of the benefits they offer players. Read on to learn more!

How Modern Payment System Has Changed Casinos

One of the biggest changes that modern payment methods have brought to casinos is increased accessibility. In the past, players could only use traditional methods such as credit cards or bank transfers to fund their accounts. This meant that players from certain countries were often excluded from participating in online gambling activities.

However, the introduction of alternative payment methods has made it possible for players worldwide to participate in these activities. Today, players can fund their accounts via e-wallets, prepaid solutions and cryptocurrencies. Paypal features in gambling as a popular payment method that allows players to make deposits using their local currency. This is just one example of how modern payment solutions have made it easier for players to gamble online.

In addition to increased accessibility, modern payment methods have also made it easier for players to manage their finances. There are now few restrictions on who can use online casinos, resulting in a dramatic increase in the number of people participating in these activities.

Another change that modern payment methods have brought about is increased flexibility. In the past, players often had to stick to one payment method. This could be a problem if their preferred method was not available in their country or if they had difficulty using it. However, the introduction of alternative payment methods has made it possible for players to use the method that suits them best. This has led to a more enjoyable experience for many players, as they are no longer restricted in how they can fund their accounts.

Overall, the introduction of modern payment methods has positively impacted the casino industry. These new methods have allowed more people to participate in online gambling activities and have made it easier for players to fund their accounts. As a result, the casino industry is likely to continue to grow in popularity in the years to come.

Cashless Gaming and Digital Payments

In the past, casino gaming was mostly conducted with cash transactions. However, the rise of e-commerce has changed the landscape of the industry, with more and more businesses now offering digital payment options. Cashless gaming systems have become increasingly popular in recent years, as they offer a number of advantages over traditional methods. For one, they allow players to make purchases with greater efficiency, security, and transparency.

In addition, cashless gaming systems provide an additional layer of security against fraudsters. As a result, the advent of cashless gaming has been hailed as an era when online casinos can finally thrive without any barriers preventing them from competing with their land-based counterparts. No matter where they are physically located, cashless gaming provides a convenient and secure way for players to enjoy their favourite casino games.

Mobile Payments with NFC Technology in Online Casinos

NFC, or near-field communication, is a wireless communication standard for short-range communication between devices. NFC technology is beginning to be adopted by tech giants like Google in the field of online payments, as it offers several advantages over traditional payment methods. For example, NFC payments are much faster than traditional methods, as they only take a few seconds to complete.

In addition, NFC payments can be made using your account balance, so you don’t have to carry around cash or a credit card. This makes NFC an ideal payment method for people who shop online and engage in online gambling. As NFC technology becomes more widespread, we will likely see more and more businesses accepting NFC payments.

The Use of Blockchain Technology in Online Gambling

Blockchain technology has the potential to revolutionize the casino industry. For one, it would make it easier for players to transact online without worrying about their money. Additionally, the distributed nature of blockchain technology would make it more difficult for hackers to access players’ personal information. As a result, casinos that adopt blockchain technology could provide a more secure and user-friendly experience for their customers.

Currently, there are crypto casinos that have already implemented blockchain technology. However, the casino industry as a whole has yet to adopt this new technology fully. In the coming years, we will likely see more and more casinos incorporating blockchain into their operations.

Conclusion

The gambling industry is one that has been around for centuries and, in many ways, has evolved with the times. In more recent years, as technology has advanced, so has online gambling. And while some may feel that this type of entertainment is morally wrong or dangerous, it’s hard to deny its popularity – especially when it comes to payment solutions. In this article, we explored how modern payment solutions have influenced internet gambling and why this form of entertainment continues to grow in popularity.

Blockchain

Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity

Published

16 hours ago

April 25, 2024

Wladimir P.

kore-digital-mining-ltd-announces-additional-14-ph/s-bitcoin-mining-capacity

Reading Time: < 1 minute

Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.

This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.

Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”

This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.

The post Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity appeared first on European Gaming Industry News.

Blockchain

After Crossing 100,000 Active Users, Hypeloot.com Announces The Launch of Its Utility Token $HPLT

Published

3 months ago

January 22, 2024

Hunor Pal

after-crossing-100,000-active-users,-hypeloot.com-announces-the-launch-of-its-utility-token-$hplt

Reading Time: 3 minutes

Hypeloot was established in 2022 and has processed over 50 million bets for over 100.000 Users worldwide, being one of the fastest growing Cryptocurrency casinos, releasing new game modes almost every week and a recent surge in growth which is likely to accelerate.

Hypeloot Originals cross 50 million bets mark

With new game mode additions, the number of daily bets and also bets placed per user is increasing by the day. Hypeloot adds some of the most popular Casino games but is also not afraid to add an innovative touch to the platform by developing new games that are gaining a lot of popularity, for example, the Plinko game with a 100.000X multiplier, making it the first-ever Plinko game with this high of a multiplier which is not only something innovative for the Gambling industry but also a great marketing tool as users always try to chase high multipliers.

Hypeloot .com profit share with $HPLT holders

All $HPLT holders will indirectly profit from the rampant Hypeloot .com growth and its already increasing profitability via daily buyback & burn events. Hypeloot profits will automatically go towards purchasing $HPLT tokens on the open market and burning them right after – on a daily basis!

The Hypeloot $HPLT Token

The $HPLT Presale will start the 1st of February at 15:00 UTC directly on presale.Hypeloot .com, the presale is split into different stages in which the first investors get the cheapest possible price and are also eligible for the Hype NFTs which will be tradable right on token launch. 40% Of the total supply will go towards Presale contributors, rest is split between liquidity, marketing, team, airdrops and more. All Team tokens will be locked and vested on a transparent level.

Fueling The Hypeloot Ecosystem

Hypeloot is one of the only Crypto casinos offering Fiat payment gateways and all major payment providers making it easy for every user. On top of that, Hypeloot also currently offers all major Cryptocurrencies for deposits and withdrawals. All Games are 100% provably fair with an open and transparent guide on how to check each roll, the EOS and Chainlink Blockchain hashes are being used to generate 100% randomness.

Hype NFTs

Hype NFTs are the official NFTs of Hypeloot .com ($HPLT), it will initially only be available to presale contributors, on launch, these NFTs can then be traded, bought, sold and used on Hypeloot .com for free bets, staking pools, increased rakeback and much more. These NFTs are strictly limited and will not be minted more than the given supply.

Hypeloot .com Numbers and Outlook

Hypeloot has generated over $1 Million in revenue in 2023, given that regular slot and live casino games will be added soon, it is expected to have a significant surge in the coming weeks as this is anticipated by a lot of current users, this new addition also open the door to a lot of new user acquisition as well as higher profit per user given all the new game modes.

Blockchain

HIPTHER Announces Major Expansion into Fintech, Blockchain, and AI, Reinforcing Its Position as a Diverse Industry News Leader

Published

4 months ago

January 9, 2024

George Miller

hipther-announces-major-expansion-into-fintech,-blockchain,-and-ai,-reinforcing-its-position-as-a-diverse-industry-news-leader

Reading Time: < 1 minute

Building on its established success in the gambling and iGaming sectors, HIPTHER Agency is excited to announce a significant expansion of its editorial focus into three dynamic industries: fintech, blockchain, and artificial intelligence. This strategic move is part of HIPTHER’s ongoing commitment to providing comprehensive, in-depth coverage across a spectrum of industries, including virtual reality, esports, and official global government releases.

Focused Expansion for a Diverse Audience

The expansion into fintech, blockchain, and AI represents HIPTHER’s dedication to staying at the forefront of technological and financial advancements. By integrating these sectors into the HIPTHER .com platform, the agency offers its audience a rich, diverse content experience, positioning itself as a one-stop destination for insights across these cutting-edge fields.

Enhanced Digital Presence and Accessibility

Complementing this expansion, HIPTHER continues to enhance its digital footprint. The agency’s Android app has already established a strong user base, and with the anticipation of an iOS app in 2024, HIPTHER is set to broaden its reach and accessibility. The agency’s social media channels are also being rebranded to reflect this expanded focus, ensuring a cohesive and comprehensive digital experience.

Unwavering Commitment to Quality and Insight

HIPTHER, known for its high-quality content in the gambling industry, extends this commitment to its new sectors. The agency’s team of experts and seasoned journalists is dedicated to delivering insightful, accurate, and timely information, catering to the needs of a diverse, global audience.

Zoltan Tundik, Co-Founder and Head of Business at HIPTHER, states, “Our expansion into fintech, blockchain, and AI is a natural progression of our mission to provide diverse, in-depth industry news. We’re excited to bring our expertise and quality content to these vibrant sectors, while continuing to serve our existing audiences with the coverage they trust.”

For more information, please visit HIPTHER.com