Cryptocurrency
Armchair Online BV Set to Transform Blockchain Betting with CryptoCasino.com and the $CASINO Token Presale
Armchair Online BV, a well-established name in the online gaming industry, is poised to redefine blockchain gambling with the introduction of its innovative CryptoCasino. com platform and the launch of the $CASINO token.
Backed by a seasoned team with a track record of successful ventures in sports betting, poker, and affiliate services, CryptoCasino aims to deliver a next-level betting experience tailored for crypto enthusiasts.
A Premier Crypto Casino Experience
In partnership with some of the world’s leading gaming studios, CryptoCasino will boast an extensive library of over 6,000 online slots and table games, a live dealer casino, a top-tier sportsbook, eSports betting, racebooks, and more. Users will have the ability to wager using more than 25 leading cryptocurrencies.
Looking ahead to the future of crypto betting, the platform will support both traditional account sign-ups and Web3 wallet connectivity. By integrating with wallets like MetaMask and Trust Wallet, users can instantly deposit and withdraw funds in just seconds.
With a focus on providing a seamless user experience, CryptoCasino will offer 24/7 live chat support and a state-of-the-art VIP program, rewarding players with a wide array of daily loyalty benefits.
The World’s Leading Telegram Casino
Catering to the massive audience of over one billion Telegram users, CryptoCasino is building a Telegram Casino that enables players to jump in and start playing with just a single click.
With the rapid growth of gaming on Telegram, this integration will connect millions of players globally, offering a secure, smooth, and social gaming experience, positioning CryptoCasino as a leader in this space.
The $CASINO Token: Exclusive Benefits for Holders and Players
Complementing the platform’s launch, the company will introduce the $CASINO token, an ERC20 token that will underpin the entire ecosystem.
Launched October 15, buyers can participate in the $CASINO token sale through the secure Web3 sale platform by connecting their wallets directly at token.cryptocasino .com.
Holders of $CASINO tokens will enjoy several benefits:
Buy Back and Burn: Every month, 50% of CryptoCasino .com’s net profits will be used to purchase $CASINO tokens from the market, which will then be burned. This creates scarcity by reducing the token supply.
Staking Rewards: Holders can stake their tokens to earn an APY of up to 10%, generating a passive income stream through the platform’s staking feature.
Exclusive Bonuses and Airdrops: Players can use $CASINO tokens to unlock exclusive bonuses, including a 200% deposit match, 15% cashback on bets, and more.
Strategic Partnerships with Industry Leaders
With over two decades of experience in growing iGaming businesses, the CryptoCasino team understands the importance of strategic partnerships for success. CryptoCasino has secured collaborations with major industry players like Pragmatic Play, Evolution Gaming, Betby, Oddin .gg, Decubate, Covey, Fireblocks, and more.
Licensed under the Curacao and Anjouan gaming authorities, CryptoCasino will adhere to the highest standards of player safety and regulatory compliance, ensuring a trusted environment for crypto betting.
The $CASINO token has been audited by blockchain leader CertiK, as well as all seven members of the core team passing their KYC procedure to receive a gold badge.
$CASINO Token Sale and CryptoCasino Platform Launch
The $CASINO token presale kicked off on October 15 and the project has raised over $330,000 USD total at the time of writing.
CryptoCasino .com is set to launch on November 19, featuring both its online and Telegram casino platforms.
The post Armchair Online BV Set to Transform Blockchain Betting with CryptoCasino.com and the $CASINO Token Presale appeared first on European Gaming Industry News.
Cryptocurrency
SOFTSWISS Survey Q3’24: 58% Cite Crypto as Key Driver in New Markets
SOFTSWISS, a tech company and pioneer in crypto gaming with over 15 years of experience, conducted a survey revealing that the majority view crypto as a key driver for growth in new markets. Experts also analysed this year’s crypto bets to share the latest insights.
Bitcoin recently reached a historic high, getting closer to 90,000 euro per coin. However, during the third quarter of 2024, it faced its sharpest drop in several years. SOFTSWISS experts examine how these market shifts have influenced iGaming performance in the quarterly ‘State of Crypto’ analytics.
A Quarter of the World’s Population Engages in iGaming
Global iGaming statistics indicate that approximately 26% of the world’s population were ever engaged in iGaming. By 2028, the iGaming market is projected to reach 243.2 million users, with a market volume nearing 130 billion euro, a substantial portion of which is expected to involve cryptocurrency.
SOFTSWISS data shows that during the 9 months of 2024, the Total Bet Sum, including both fiat and crypto, increased by 43.1% compared to the same period of 2023. Simultaneously, the Total Bet Count showed even more impressive growth, surpassing 44.5%.
An in-depth comparison analysis since 2022 demonstrates fiat bets are rising much more rapidly than crypto. A comparison between the first nine months of 2024 and the same period of the previous year revealed that the Fiat Bet Sum achieved a 50.4% boost. The conservative approach toward payment methods has resulted in Crypto Bet Sum growing at a slower pace compared to fiat and has led to a modest 4-percentage-points (p.p.) decline in the crypto share in 2024.
[1] Based on data from ongoing projects[
Potential of Crypto in iGaming 2025
According to the SOFTSWISS iGaming Trends 2025 Report, cryptocurrency is set to remain one of the preferred payment methods within the sector. Based on the company’s survey, 58% of respondents identified crypto as the primary driver of growth in new markets, underscoring its essential role in shaping the industry’s future.
Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, reflects on the possibilities of crypto: “Integrating crypto payments allows iGaming businesses to operate globally, delivering greater speed and convenience. With iGaming’s naturally borderless reach, this expands platforms’ access to a wider international audience, boosting their global growth potential.”
“What is more, crypto transaction fees can be almost three times lower compared to traditional fiat gateways, allowing iGaming businesses to save on processing costs and reinvest that capital”, adds Max Krupyshev, CEO of CryptoProcessing by CoinsPaid.
SOFTSWISS data confirms stable interest in crypto. In the first nine months of 2024, the Crypto Bet Sum increased by 15.2% compared to the same period the previous year. A long-term quarter-by-quarter analysis reveals a consistent growth pattern, though the third quarter of 2024 saw a 9 p.p. decline from the previous quarter. The drop aligns with the decline in the exchange rates of major cryptocurrencies, including Bitcoin, Litecoin, and Ethereum, which occurred in the third quarter.
Meanwhile, the Crypto Bet Count rose by 16.2% in Q3 2024, indicating stable interest in crypto gaming. This combination reveals that while engagement in crypto betting remains steady, the total wagered sum is closely correlated to fluctuations in cryptocurrency exchange rates.
Altcoins Share Growth
The top five most popular cryptos in iGaming have remained stable over the years, with some shifts in the ranking order. Bitcoin, Ethereum, Litecoin, Tether, and Dogecoin are the most popular among crypto players. While altcoins accounted for only 25.1% of bets over the first nine months of last year, their share increased significantly to over 47% during the same period in 2024.
Bitcoin’s share dropped by 22 p.p. during the nine months of 2024 compared to the same period of 2023. At the same time, Tether and Litecoin saw the most impressive share growth, with over 8 p.p. and 7.8 p.p., respectively. Ethereum strengthened by 4.9 p.p.
Another impactful trend reveals some casinos, like Rollbit and Shuffle, utilise their own iGaming tokens to boost player engagement. Tokens designed specifically for gaming offer enhanced compatibility across platforms, lower volatility, and exclusive perks for users. Crypto drives the development of new payment methods and business growth.
Vitali Matsukevich summarises: “Crypto offers iGaming operators key advantages beyond lower costs and global reach. Blockchain enhances safety and fairness through transparency and traceability, with each transaction and game result permanently recorded and tamper-proof. Partnering with trusted crypto experts allows operators to harness these benefits, positioning themselves for growth and effectively navigating market shifts.”
The new SOFTSWISS iGaming Trends 2025 Report offers more insights about crypto in the ever-evolving iGaming sector. The visionary report is free to download via the link.
About SOFTSWISS
SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 23,500 casino games, the Affilka affiliate platform, the Sportsbook software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.
The post SOFTSWISS Survey Q3’24: 58% Cite Crypto as Key Driver in New Markets appeared first on European Gaming Industry News.
Cryptocurrency
Rainbet Launches New Crypto Casino for Both New and Experienced Players
Rainbet is excited to announce the launch of its new online crypto casino that has been expertly designed to cater to both new and experienced players. With a range of new and exciting casino games and classics, such as online slots, roulette, and blackjack, Rainbet provides an unforgettable betting experience.
Crypto casinos are online platforms where players can place bets with cryptocurrencies like Bitcoin and Ethereum. Unlike regular casinos, online crypto casinos offer instant transactions that are much faster than conventional banking methods. Rainbet uses blockchain technology to guarantee the highest security for its players and, through its combination of speed, diverse game catalog, and reliable transactions, delivers an engaging gaming platform.
With a commitment to offering the best user experience, Rainbet ensures safe online practices and a fair and transparent gaming experience for all its players. “Rainbet is a safe and legitimate platform, with games created using a provably fair system,” said a spokesperson for the online casino. “This ensures that all games are fair and transparent, reinforcing player trust and confidence in the platform.”
Whether players are searching for classic casino games, such as online slots, blackjack, baccarat, and roulette, or are interested in eSports and live sports betting, Rainbet offers a diverse selection of the latest games with industry-leading technology and graphics.
Rainbet provides a comprehensive gambling experience that places a focus on fairness and legitimacy by adhering to rigorous standards and using advanced technology. This approach is highlighted in the online casinos’ easy and hassle-free deposits that enable players to confidently deposit real money to receive Rainbet currency, as well as the platform’s seamless and secure withdrawals.
Additionally, the crypto casino boasts an extensive array of online promotions and bonuses that are available across the platform’s most popular games. Rainbet also has a weekly 10% rakeback, which rewards players by returning part of their losses, reducing losses, and extending playtime.
“Compared to online Bitcoin casinos, Rainbet has more to offer, such as more games and exclusive promotions to make gambling more exciting. With daily, weekly, and monthly bonuses, players always have something extra to look forward to. These promotions, combined with an easy-to-navigate interface and a wide range of games, make Rainbet a top choice for crypto gamblers,” furthered a spokesperson for Rainbet.
Rainbet invites both new and experienced players to visit its website today to view its full catalog of games and the latest promotions.
The post Rainbet Launches New Crypto Casino for Both New and Experienced Players appeared first on European Gaming Industry News.
Cryptocurrency
Kyrrex to host online panel discussion on MiCA and the future of crypto in Europe
As the European crypto community prepares for the implementation of the MiCA, Kyrrex is organizing an online X panel to discuss the potential impact and future trajectory of the industry under this new regulatory framework.
The panel “Is MiCA that Bad? The Future of Crypto in Europe,” will take place on November 14, 2024, at 12:00 CET on X Spaces.
This event aims to offer an in-depth examination of the challenges and opportunities that MiCA presents, drawing on the expertise of industry leaders and stakeholders.
Key speakers for the discussion include Mike Romanenko and Kevin Plumpton from Kyrrex,
Tomer Warschauer Nuni from Kima Network, Andrea Zapparoli Manzoni from H4ckManac, Thanos Tsavlis from Cyberscope, and Anoop Nannra from Trugard Labs. Their insights will help attendees understand how MiCA may reshape the crypto landscape and what this means for different segments of the market.
“As MiCA ushers in a new regulatory era for the crypto industry, open discussions are crucial for navigating this transition effectively. By bringing together voices from various sectors, we aim to foster a deeper understanding and proactive approach to the opportunities and challenges ahead,” said Mike Romanenko, CVO & co-founder of Kyrrex. “Engaging in conversations like these helps ensure that the community is informed and prepared for the future of crypto in Europe.”
The panel will be structured to encourage interaction and participation, allowing attendees to submit questions and engage in a discussion with the panel. Topics are expected to include compliance, innovation, and strategies for navigating the evolving regulatory environment.
This event offers professionals, enthusiasts, and stakeholders an opportunity to gain a clearer perspective on what lies ahead as MiCA begins to take effect. It will also provide a space for dialogue and knowledge-sharing, fostering a greater understanding of the potential impacts on the crypto sector in Europe.
Panel “Is MiCA that Bad? The Future of Crypto in Europe” details:
- Date: November 14, 2024
- Time: 12:00 CET
- Platform: X Spaces
The post Kyrrex to host online panel discussion on MiCA and the future of crypto in Europe appeared first on European Gaming Industry News.
-
Africa2 weeks ago
Punt Casino Voted as “Best No Download Casino 2024” by Popular Guide SouthAfricanCasinos.co.za
-
Balkans4 weeks ago
BEGE celebrates 15 years as Eastern Europe’s premier gaming expo
-
BGaming2 weeks ago
BGaming pens Brazilian multi-brand agreement with Cometa Gaming
-
Booming Games4 weeks ago
Booming Games’ premium content is now certified in Brazil
-
Asia2 weeks ago
Natural8 India gives poker enthusiasts across the country a chance to become Asian Poker Tour (APT) champions from the comfort of their homes!
-
Central Europe4 weeks ago
Evoplay enters Czech market with exclusive Fortuna collaboration
-
Compliance Updates5 days ago
Gaming Control Board (GCB) Statement on Allegations Regarding Curaçao’s Licensing Reforms
-
a leading B2B provider of iGaming solutions3 weeks ago
Atlaslive’s Sportsbook Recognized with Silver Win at SBC Awards Latinoamérica 2024