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Coingaming partners with TRON Foundation to deliver future of TRX gaming

George Miller

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Coingaming partners with TRON Foundation to deliver future of TRX gaming
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The Coingaming Group has agreed on a partnership with the TRON Foundation, the non-profit organisation behind the popular cryptocurrency TRX, welcoming the TRON community to use the currency for the first time with the leading brands in the crypto gaming space – Bitcasino.io and Sportsbet.io.

TRON transactions happen almost instantly and without any fees, making it a perfect match for the fun, fast and fair gaming experience provided by the Coingaming Group’s customer-centric gaming brands.

Bitcasino.io and Sportsbet.io users can now enjoy some of the lowest entry levels in the industry via TRX, bringing world-class gaming to an even wider audience. With a minimum deposit of just 100 TRX (around €1.80) and no transaction fees, it is cheaper and easier than ever before to play and bet with TRON, which has already gained popularity as the ultimate gaming coin.

Games from some of the industry-leading game providers – including OneTouch, Evolution Gaming, GameArt and Kalamba – now offer native TRON play, meaning Bitcasino users can wager directly in TRX without the need for in-game currency conversions.

Meanwhile, Sportsbet.io has already given away a staggering 1 million TRX to celebrate the launch through its nail-biting ‘Last Man Standing’ competition, which saw the ultimate winner successfully predict seven correct outcomes.

Tim Heath, CEO of the Coingaming Group, said: “We always work hard to put our customers at the centre of the universe, and by adding TRX gaming we are once again at the cutting edge of what is possible in this space.

“We are particularly excited to offer a low minimum deposit threshold and zero transaction fees, ensuring Bitcasino.io and Sportsbet.io gaming can be enjoyed by even more players for the first time.

“The TRON community is one of the most engaged, forward-thinking and dynamic in the cryptocurrency world. It is also passionate about gaming, so this is a great opportunity to introduce TRX holders to the fun, fast and fair world of the Coingaming Group brands. We are certain they will enjoy the ride.”

Justin Sun, the founder of TRON, added: “One of the TRON Foundation’s core missions is to support growth by providing engaging, real-world use cases for TRX.

“We’ve been aware of the market-leading gaming brands operated by the Coingaming Group for some time now; Bitcasino.io and Sportsbet.io are fantastic examples of what is possible when crypto-led products put the customer above everything else.

“It is genuinely thrilling to see another world-class brand open its doors to the TRX community.”

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Industry News

Skywind Signs Content Deal with Pariplay

Niji Narayan

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Skywind Signs Content Deal with Pariplay
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Skywind Group has signed a content deal with online casino operator Pariplay Gaming. Following the deal, Skywind’s portfolio of games will feature across Pariplay’s Network.

In addition to premium content, Pariplay’s clients will benefit from Skywind Group’s wide range of engagement tools, such as the bonus coins reward, which is the first of its kind, and daily, in-game tournaments, must-win and innovative split jackpots, among others.

“Pariplay’s Fusion Aggregation platform has a great distribution network for us, as we continue to expand our reach throughout regulated markets. Pariplay’s platform is licensed in several markets and we share a dedication to enabling our partners’ growth. We are regulated by the UK Gambling Commission, Malta Gaming Authority, Alderney Gambling Control Commission, Spain Directorate General for the Regulation of Gambling, Romania ONJN and Gibraltar Gambling Commission,” Oren Cohen Shwartz, Managing Director of the Skywind Group said.

“We are delighted to add Skywind’s superb portfolio of games to our Fusion Aggregation Platform. Their range of non-branded and branded titles along with their excellent gamification and jackpot tools make them a truly compelling addition to our range of content providers,” Richard Mintz, Commercial and Marketing Director at Pariplay said.

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Central Europe

Czech Republic to Introduce Gambling Exclusion Register in 2020

Niji Narayan

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Czech Republic to Introduce Gambling Exclusion Register in 2020
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Alena Schillerová, Finance minister of the Czech Republic, has revealed that an exclusion register to block a range of individuals – both voluntarily and involuntarily – from gambling would launch next year. The incoming exclusion register follows on from the 2017 Gambling Act, which legalised iGaming in the Czech Republic for the first time.

Individuals on this list will not be allowed to gamble at all, whether that be online or land-based. People who have been declared bankrupt, are on welfare, or have been treated for gambling addiction will all be added. There shall also be an option for players to voluntary exclude themselves, if they want to.

“We will publish documentation at the turn of this year and begin testing, so that this register is operational in mid-2020,” Schillerová said.

“Currently, all indicators of online gambling are growing. The proportion of online players is increasing, and sports betting is the biggest problem. Young men are particularly at risk from developing problems. This is what our next steps are targeting. It’s not a matter of deleting new technologies from life. Instead, we’re looking to find a balance for their use,” Jarmila Vedralová, National Drug Policy Coordinator in the Czech Republic said.

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Asia

People’s Bank of China to Launch “Digital Currency Electronic Payment” to Combat Illegal Online Gambling

Niji Narayan

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People’s Bank of China to Launch “Digital Currency Electronic Payment” to Combat Illegal Online Gambling
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The People’s Bank of China is going to launch the world’s first state-backed cryptocurrency “Digital Currency Electronic Payment” (DCEP). One of the main aims of DCEP is to combat illegal online gambling.

DCEP will apparently include functions that will allow government authorities to track suspect payments and thus stamp out money laundering, tax evasion, terrorist financing, and online gambling.

Mu Changchun, the head of the digital currency research institute of People’s Bank of China, said that the new cryptocurrency will still allow its users’ “controllable anonymity.”

“We know the demand from the general public is to keep anonymity by using paper money and coins… We will give those people who demand it anonymity in their transactions. But at the same time we will keep the balance between the ‘controllable anonymity’ and anti-money laundering, CTF, and also tax issues, online gambling and any electronic criminal activities,” Mu Changchun said.

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