Cryptocurrency
SOFTSWISS Crypto Casino Solution Celebrates 10th Anniversary
More than 70% of all projects powered by the SOFTSWISS Casino Platform support digital currencies with 15% of monthly payments made in crypto – states SOFTSWISS, a tech company offering innovative products for iGaming, while celebrating the 10th anniversary of its Crypto Casino Solution.
In the swiftly evolving landscape of gambling regulations, crypto-friendly solutions appear to be more promising than ever. According to the 2024 iGaming Trends Report, crypto payments are marking a long-term trend profoundly influencing the dynamics of online gambling ecosystems.
It is worth noting that back in 2013, SOFTSWISS became the first technological company to leverage the potential of digital currencies, leading the way in their integration into the iGaming industry. Commencing with Bitcoin, SOFTSWISS has broadened its cryptocurrency offering to encompass nearly 20 digital coins.
The adoption of crypto payments is hardly surprising, given the range of its unique features and strengths that significantly amplify the efficacy and appeal of online transactions:
- High Transaction Capacity: Cryptoprocesing by CoinsPaid, used in the SOFTSWISS Crypto Casino Solution, ensures an exceptionally high throughput of payments, nearing 100%.
- Swift Transaction Speed: Cryptocurrency payments ensure an expeditious and efficient process, allowing for swift receipt of funds after transactions.
- Cost-Effectiveness: Operators gain a cost-effective advantage through reduced fees.
- Simplified KYC Procedure: The streamlined Know Your Customer (KYC) procedure alleviates operator support teams’ operational burden during withdrawal processes.
- Maximum Anonymity: Players can maintain maximum anonymity when making deposits due to minimised disclosure of personal information or identifiable data.
“In the iGaming industry, integrating digital coins is not only a trend but a strategic imperative. The significance of cryptocurrency lies in its ability to transcend traditional payment barriers, offering players a secure and efficient financial experience. This innovative approach caters to the evolving preferences of tech-savvy users and positions iGaming operators at the forefront of digital innovation in an increasingly dynamic market. As cryptocurrencies continue to redefine financial norms, their role in iGaming becomes pivotal for operators seeking to stay competitive and meet the expectations of a modern, diverse player base,” summarises Max Trafimovich, Chief Commercial Officer at SOFTSWISS.
Driven by the unwavering commitment to elevating player experience, in 2022, SOFTSWISS introduced the In-Game Currency Conversion feature, allowing players with crypto holdings to seamlessly partake in games initially designed for fiat currency transactions. One year post-launch, 85% of all bets in crypto casinos powered by the SOFTSWISS Casino Platform were made via the feature.
As a pioneer in crypto-friendly solutions, SOFTSWISS recognises its responsibility as an industry trendsetter and wholeheartedly imparts its extensive expertise. The quarterly presentation of thorough analytical reports detailing the state of crypto within the iGaming sector serves as a valuable resource for fellow market participants. This proactive approach not only fosters industry stakeholders’ awareness but also facilitates a deeper understanding of prevailing trends, empowering them to make informed forecasts and strategic decisions with confidence.
Furthermore, SOFTSWISS is set to embark on a series of in-depth podcasts focused on cryptocurrency topics. These podcasts will feature insights and discussions led by the company’s top experts from C-level management, providing a valuable opportunity for audiences to delve into the intricacies of crypto-related subjects. The official launch of crypto podcasts is coming soon.
About SOFTSWISS
SOFTSWISS is an international iGaming company supplying certified software solutions for managing gambling operations. The expert team, which counts 1,700 employees, is based in Malta, Poland, Georgia, and Belarus. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.
Leading cryptocurrency gaming company PeerGame has announced the launch of its new cashier system – its platform will now be integrated with WalletConnect for seamless, secure, and fast crypto transactions.
The investment in this integration removes intermediaries, offering players a more efficient and user-controlled payment process, with direct wallet deposits and withdrawals for quicker transactions, and further bolstering PeerGame’s security and privacy offerings.
WalletConnect is a feature that enables players to connect their wallets to the platform seamlessly, enabling crypto transactions without centralised payment solutions. This enhances security and privacy, as transactions are made directly from users’ wallets, reducing the risks of third-party custodians and increasing transparency through blockchain’s trustless principles.
This innovative partnership highlights PeerGame’s commitment to decentralised payments, providing players with greater control over their funds and enabling instant, secure transactions. By integrating WalletConnect, PeerGame delivers a future-focused solution, ensuring a more efficient and user-friendly payment experience in the Web3 gaming sector.
Margie Dobrowolski, Project Lead at PeerGame, commented:
“This new integration with WalletConnect offers our players a unique advantage, allowing them to perform seamless crypto transactions directly from their wallets. While other platforms may offer similar features, PeerGame’s integration is a true innovation in the Web3 gaming space, enhancing the overall gaming experience and setting us apart as pioneers in the industry.”
The post PeerGame Introduces Seamless Crypto Transactions with WalletConnect Integration appeared first on European Gaming Industry News.
Cryptocurrency
Slotland Entertainment Rolls out Dazzling New Slot, 8 Crystals, Across Multiple Brands with new Cryptocurrency Integration
Slotland Entertainment is raising the stakes for online casino players with the launch of their dazzling new slot game, 8 Crystals. Available across three major platforms – Slotland, CryptoSlots, and CryptoWins – this visually striking 3×3 Mega Matrix slot with 9 paylines has an array of enticing features, including Free Spins with Wilds, Double Wilds, and a Bonus Game which is triggered by hitting just one Free Spins scatter.
The game’s mesmerizing design features vibrant glowing purple and blue backgrounds, swirling nebula-like clouds, and geometric crystal shapes, immersing players in a world of luxurious, cosmic beauty.
“As a bonus for the launch, Slotland, CryptoSlots and CryptoWins are offering up to 88% Match Bonuses on deposits until April 4th, 2025. Players can also take advantage of a $15 FREE CHIP and other promotions to make their gaming experience even more rewarding!” says Michael Hilary, Slotland Manager.
To celebrate the release of 8 Crystals, Slotland.eu is making waves with its expanded cryptocurrency options. Players can now use Ether (ETH), USD Coin (USDC), and Tether (USDT) to deposit and withdraw funds, making crypto transactions faster, more secure, and incredibly flexible.
- Ether (ETH): As the second-largest cryptocurrency after Bitcoin, Ethereum provides popularity and availability across the crypto world, though transactions can be slower and more expensive.
- USD Coin (USDC): This stablecoin is pegged 1:1 to the US dollar, offering low-cost, fast, and predictable transactions, ensuring a smooth experience for players without the worry of price fluctuations.
- Tether (USDT): With higher liquidity, Tether is widely accepted, making it easy for players to convert or cash out across multiple exchanges.
8 Crystals is sure to be a must-play for any casino enthusiast, so don’t miss out on these incredible bonuses.
The post Slotland Entertainment Rolls out Dazzling New Slot, 8 Crystals, Across Multiple Brands with new Cryptocurrency Integration appeared first on European Gaming Industry News.
BitLine
Bitline and Everi Announce Crypto Liquidity for Choctaw Casinos & Resorts in Industry First Development
Bitline, the only provider for casino chip access directly from cryptocurrency, has announced its first major collaboration in the U.S. casino market, teaming up with Choctaw Casinos & Resorts through its collaboration with Everi’s CashClub, the leading financial access services suit for casino payments. This collaboration introduces cryptocurrency and digital assets as a new source of liquidity for casino patrons and marks the first time that such a functionality has been enabled within the American gaming industry.
Leveraging Everi’s CashClub’s comprehensive payment infrastructure, Bitline’s solution is able to efficiently board, screen and verify patrons looking to leverage their digital assets whilst also allowing patrons to move screened assets into custody within minutes. Bitline’s integration with Everi’s CashClub, will enable the technology for the benefit of Choctaw Casinos & Resorts, and is the first time that such a functionality has been possible in the U.S. regulated casino market.
The collaboration works to cater to the growing demand for greater cryptocurrency and digital asset integration within the casino industry. The collaboration between Bitline and Everi’s CashClub forms a transferable blueprint that offers casino operators and their patrons an alternative way to manage funds, access liquidity, and leverage the benefits of cryptocurrency and other digital assets.
This milestone reflects a strategic shift in how casino operators view and manage financial interactions with their guests. The introduction of cryptocurrency as a liquidity solution provides additional options for guests and lays the foundation for Choctaw Casinos & Resorts as it looks to the future of gaming sector finance, setting a new standard in financial accessibility and convenience.
“Working with Choctaw Casinos & Resorts and Everi’s CashClub to make this a reality is a historical moment for both the casino and blockchain industries. Bitline was conceptualized to advance the gaming sector and offer a wider variety of financial options for the casino industry,” said Richard Jones, CEO at Bitline. “We’re entering an era where digital assets can fundamentally enhance the gaming experience, providing casino operators with a future-ready financial framework that can expand and evolve as the industry does. This collaboration is just the beginning of our vision to modernize casino payment capabilities on a global scale.”
“We are excited to be the first casino in North America to offer our guests another way to play,” said Thomas McDonald, Senior Director of Cage and Credit at Choctaw Casinos & Resorts. “Through our long-term relationship with Everi, a leader in fintech solutions, we will continue to invest in innovative offerings that provide the discerning gaming VIP access to funds in a safe and secure manner.”
The Choctaw Casinos & Resorts integration represents only the first phase of Bitline’s broader mission to bring cryptocurrency solutions to casinos and casino patrons worldwide. As cryptocurrency and digital assets continue to gain traction in the gaming sector, Bitline’s easy to integrate and patented payment model stands poised to become a key player in transforming gaming finance. Future plans include expanding services across other major casinos and gaming markets, both domestically and internationally, establishing cryptocurrency as a new standard feature of the gaming experience.
The solution is to be formally rolled out on March 7, 2025, with the first transaction taking place at Choctaw’s Durant, Oklahoma, location.
The post Bitline and Everi Announce Crypto Liquidity for Choctaw Casinos & Resorts in Industry First Development appeared first on Gaming and Gambling Industry in the Americas.
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