Connect with us
SIS

Press Releases

Bethereum is set to remove the taboo from betting once and for all

George Miller

Published

on

Bethereum is set to remove the taboo from betting once and for all
Reading Time: 2 minutes

Blockchain powered company Bethereum officially launches its gaming platform that is a decentralized betting table secured by smart contracts

 

Hong Kong — May 2018 – Bethereum, the company introducing a blockchain-based solution to social betting, is bringing legitimacy and transparency to the social betting process with its “house-less” peer-to-peer betting ecosystem. Bethereum cuts out the middleman and keeps the interactions purely between players, to promote a safe and transparent prediction platform. Bethereum recently sold out their pre-sale round, raising over $4 million.”

What are some general themes that come to mind when you think of betting? For starters, in the long term the house always wins. The odds are rarely in your favor, but rather lie with the bookies. Transparency and trust is irrelevant. Returns are low and social involvement is lacking. Traditionally, betting and gaming have a taboo and “back-alley” connotation. But what if there was a space, free of judgement, with significantly more certainty, and maximum transparency? Bethereum offers an advanced framework combining Ethereum-based technology with powerful tools and applications to provide users with a fully decentralized alternative to traditional betting. Smart Contracts guarantee that participants will never be fooled, and that their money will be kept safe. This is done using oracles, which are trusted data feeds that send real world information directly into the smart contract to ensure that correct and necessary actions are taken. The platform additionally fosters a groundbreaking social and gamified environment to put the fun back into betting.

Bethereum successfully integrates innovative features, appealing design and community elements to offer an industry-first betting solution that users can wholeheartedly trust. The social community casts its net far and wide to reach people across the gaming world, from casual eSport lovers to high stake participants and all of the friendly competition in between. Bets are placed in user-created, public or private, groups while smart contracts protect funds and automatically distribute winnings based on bet conditions and outcomes.

Bethereum is introducing a new reality to the world of betting where the house will never win, because the house no longer exists,” CEO of Bethereum Giacomo Tognoni says. “The state of Colorado took a bold step with legislating an ancient social taboo and we’re planning to do the same. Bethereum is removing the negative connotation associated with betting, by making it a completely transparent and secure process, transacted directly and safely between peers.

The Bether token will be available for purchase both in fiat and Ether, simplifying the process while simultaneously increasing the level of security. All platform transactions and the majority of ecosystem payments will be carried out in Bether. Bethereum will offer users the chance to securely participate in a wide range of games from eSports predictions, to casino games and casual bettings.

Download the Bethereum app on the App Store.

Join the conversation about Bethereum on Telegram.

 

About Bethereum:

Bethereum is a decentralized, blockchain-powered social betting platform, offering an innovative solution to the key challenges of conventional betting. Bets are made between peers as opposed to against a bookmaker. Built on Ethereum technology and the foundation of Smart Contracts, Bethereum introduces a host of innovative and social features, all executed in a completely secure and transparent environment. Bets on the platform are carried out via Ethereum-based token: Bether (BTHR).

Advertisement
Kasynos.Online

Latest News

Aspire Global Acquires Leading B2B Sportsbook Provider Btobet

George Miller

Published

on

Aspire Global Acquires Leading B2B Sportsbook Provider Btobet
Reading Time: 2 minutes

 

Aspire Global has signed an agreement to acquire 100% of the shares of BtoBet Ltd, a leading B2B sportsbook and technology provider. The acquisition of the sportsbook constitutes a key part of Aspire Global’s growth strategy since it is a major step in creating an offering that covers the main elements of the B2B iGaming value chain. Together with the acquisition last year of the leading aggregator and games studio Pariplay, the purchase of BtoBet’s sportsbook platform positions Aspire Global among the world’s leading iGaming suppliers.

The purchase price is €20 million in cash of which €15 million at closing and €5 million twelve months after closing. In addition, there is an additional consideration based on BtoBet’s performance two years after closing. This consideration is seven times BtoBet’s EBIT in the second year from closing date minus the purchase price of €20 million. In 2019, BtoBet had revenues of €4.4 million and an EBITDA of €1.5 million and in the first six months of 2020 revenues were €3.1 million and EBITDA €1.2 million. The transaction is supposed to be closed during Q4 2020 with material positive effect on Aspire Global’s EBITDA as of 2021. The acquisition is not expected to have any material effect on the financial results in 2020. BtoBet is headquartered in Gibraltar and has almost 100 employees, the majority of which are based in the offices in Italy and North Macedonia.

With the proprietary sportsbook Aspire Global will control the IP in the full value chain and consequently also steer the complete roadmap. In addition, the proprietary sportsbook provides Aspire Global with the highest flexibility when it comes to adding new features and securing fast time to market.

BtoBet has 32 operators on its platform in Europe, Latin America and Africa. The company is a leading provider in Latin America and Africa and with the acquisition Aspire Global, with its broad presence in Europe and recent establishment in the US, takes a prime position also in these two growing markets. BtoBet’s platform, named Neuron 3, provides operators with the core technology for a player-centric environment to facilitate their player interaction in placing their bet in any channels of choice. The result is a betting experience with an accentuated entertainment perspective based on the seamless transition of the core technology which adapts to various scenarios related to the players’ behaviour through any channel, any jurisdictions and markets’ requirements.

Tsachi Maimon, CEO of Aspire Global, said: “Aspire Global now enters the sports betting arena with storm strength. With the acquisition of BtoBet we have become a true global B2B company which owns and provides an iGaming platform, sports betting, casino games and games aggregator as well as managed services for all continents and markets. Aspire Global can now compete for any deal, big or small, that exists out there.”

Tsachi Maimon continued: “This is a perfect match. We are impressed by the qualities of the Neuron Sports platform and in addition we will get access to new growth markets, new potential big deals and new opportunities.”

Alessandro Fried, founder and shareholder of BtoBet, said: “I am truly enthusiastic by the opportunities we see by becoming part of Aspire Global, the powerhouse for iGaming operators. With our joined forces we will take this new global iGaming offering in every corner of the earth. We have been in the industry for a long period of time and finally we met the perfect partner that matches our vision and with which we can build a stronger presence globally.”

Continue Reading

Latest News

Online Casino and Sportsbook BETZEST™ goes live with the leading Casino provider Yggdrasil™

George Miller

Published

on

Online Casino and Sportsbook BETZEST™ goes live with the leading Casino provider Yggdrasil™
Reading Time: 2 minutes

Online Casino and Sportsbook Betzest™ expand their offering in a new cooperation with award-winning Swedish casino provider Yggdrasil™, which will give their players opportunity to access to Yggdrasil™ full range games portfolio most popular branded epic slots, including Valley of the Gods, Vault Of Fortune, Vikings go Wild, Beauty and the Beast, Wicked Circus, Double Dragons, Jackpot Express, Football Glory, Jungle Books, Temple Stacks: Splitz and many more.

After adding to its portfolio MGA license, many key payment methods and top online casino providers Betzest now offers a great selection of casino games to ensure amazing entertainment, user experience and adrenaline to their players. This is another significant step in Betzest™ rapid expansion and their performance in 2020 demonstrates that Betzest is becoming stronger than ever. The company is looking forward to announcing more partnerships with other leading providers lined up for the end of Q3, 2020.

Marius Filip, Founder/CMO at Betzest, said: We are thrilled to conclude another partnership with leading casino provider Yggdrasil™. We’ve listened to our players and with this superb addition, we straighten our large client provider’s base in our key strategic markets. We trust that their high quality, innovative games, BOOST™ tools and gamification features will play an important part in taking Betzest™ casino to the next level. We are pleased to welcome them to the Betzest family and look forward to working with them closely for many years.
To celebrate in style, we are rewarding all our players with a fantastic deposit bonuses, Free Spins, Tournaments and No deposit Bonuses.
A big thank you to our Betzest team for this great achievement and to Yggdrasil™ team for their continuous support during the process. We’ve had an extremely fruitful 2020 already, with a remarkable collection of world-class casino providers and payment methods on the way, I’m certain the best is yet to come.

 

About Betzest:
Betzest is your leading premier Online Sportsbook and Casino operator run by a team of experienced i-gaming experts.
Due to its unique product and marketing proposition, Betzest is rapidly establishing itself as one of the most trustworthy and reliable online gaming company.
At Betzest players can now take advantage of exclusive sports & casino campaigns, free spins giveaways and even surprise gifts offered to VIP players, by using Bitcoin Core (BTC). Betzest has a Top Notch sportsbook powered by BetRadar along with Casino powered by NetEnt, Microgaming, Play’nGo, Yggdrasil, Pragmatic Play and a separate Live casino powered by Evolution Gaming™, E-sports and Virtual sports sections. Alternatively, if sports and casino aren’t your thing you can bet on politics instead.
Choose from more than 20,000 live sports events monthly, Blackjack, Online Slots, Roulette, Video Poker, and get an amazing entertainment under reputable MGA license.

Continue Reading

Latest News

Kevin Pietersen extends Betway ambassador role until 2023

George Miller

Published

on

Kevin Pietersen extends Betway ambassador role until 2023
Reading Time: < 1 minute

 

Ashes winning batsman Kevin Pietersen and global betting brand Betway today announce an extension of their partnership until 2023.

Retaining his role as Official Global Cricket and Brand Ambassador for Betway, Pietersen will share his experience, knowledge and opinion on world cricket through bespoke content and behind the scenes access with the bookmaker.

Paul Adkins, Marketing and Operations Director at Betway, said: “Kevin adds real value to our cricket offering and Betway customers across the world have enjoyed his unique and honest insight.

“The cricket pages of our exclusive Betway Insider blog will continue to be full to the brim with great content from one of the most talented players in the game’s history, as we look to capture the thrill that comes with every ball.”

The initial focus for the partnership will be the start of the Indian Premier League on Saturday 19th September, with Pietersen giving weekly updates and his views on the action, including ones to watch and predictions for the week ahead.

The former England international will also support Betway across its partnerships with Cricket West Indies, recently extended to 2022, and Cricket South Africa.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.

Kasynos.Online