Cryptocurrency

DAOWallet integrates into 1Click Games platform

Published

3 years ago

November 26, 2020

George Miller

DAOWallet integrates into 1Click Games platform

Reading Time: 2 minutes

Partnership sees 1Click Games debut the DAOWallet crypto payments solution

DAOWallet, the B2B cryptocurrency-fiat gateway provider and partner in DAOGroup, has agreed to a full integration with igaming platform 1Click Games.

End-users of the platform will now be able to seamlessly deposit and withdraw cryptocurrencies at 1Click Games’ partner brands without complex exchange requirements, with operators also protected against chargeback fraud.

DAOWallet supports player transactions in Bitcoin (BTC), Ethereum (ETH), a variety of stable coins, as well as DAOGroup’s proprietary token BET. Player deposits can also be made via credit card, giving players full flexibility in their choice of payment, while operators are also supported with a range of fiat currency settlement options.

Secure crypto payments processing, fully protected against chargeback fraud and without any extra charges or complex processes, is key to attracting new casino players who want to take advantage of the benefits cryptocurrency delivers.

This new partnership with 1Click Games will allow its operators to easily support cryptocurrency deposits and withdrawals for their players across all markets and requirements.

Players and operators will both benefit from instant transactions at the best exchange rates, with operators also able to choose from a variety of invoice options and the ability to convert into fiat currency at any time.

DAOWallet will cover all KYC and AML procedures as part of its mandate; and will also allow 1Click Games to track the provenance of all cryptocurrencies coming into its wallet, allowing for casino management to identify incoming VIP players, as well as red flag any potentially problematic historical use of the coins.

Commenting on the integration, DAOGroup’s CCO Glen Bullen, said: “Easy, secure crypto payments are demanded by a vast, unserved audience around the world, and integrations like this, with the innovative 1Click Games, can now give this market access to the best casino experiences around.

“1Click Games share our view that cryptocurrency payments are inevitably entering the mainstream, and we’re very pleased to kick our partnership off and help deliver new revenue streams through this offering of our solution for their players.”

Maxim Terehovich, CEO at 1Click Games, added: “This cooperation with payment solutions provider DAOWallet is very valuable for 1Click Games because we always focus on our clients and operators.

“Market trends research gave us a full insight into the rapid development of the cryptocurrency market and 1Click Games is glad to give our operators the possibility to reach a vast audience of cryptocurrency users who would have previously struggled to find a service in the traditional gaming and betting space.

“We now have a wide range of payment options for our operators and we now feel more flexible to adapt to market tendencies and our client’s needs. This partnership helps us to be more competitive and now we can provide the best experience for those who are interested in Bitcoin casino operation.”

DAOWallet is available immediately to all iGaming operators looking for a payment solution for the growing cryptocurrency market. For more information, visit https://daowallet.com/

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Cryptocurrency

Payhound empowers LSports with a seamless solution to receive payments

Published

4 days ago

April 22, 2024

George Miller

Payhound empowers LSports with a seamless solution to receive payments

Reading Time: < 1 minute

Fintech crypto company Payhound has been facilitating leading data provider LSports to accept payments from its clients.

As the premier data provider, LSports offers real-time sports data, providing operators with a competitive edge in the sports betting saturated market. By using Payhound’s solution, LSports can conveniently receive payments from its clients, significantly enhancing operational efficiency.

Established in 2018, Payhound’s mission is to enable businesses to handle cryptocurrencies with the same ease, security, and transparency as dealing with fiat currency. Through crypto, Payhound offers fast and efficient international payments, with security being a fundamental principle in all its operations.

Commenting on the partnership, a spokesperson for LSports stated: “Partnering with Payhound to optimize our payment solutions signifies a significant advancement in our global business strategy. This collaboration enables us to conduct transactions swiftly and securely, further bolstering our position as a premier data provider in the industry.”

Elton Dimech, Managing Director at Payhound, added: “We are delighted to service LSports.Through our platform, clients like LSports can easily receive payments, have such funds instantly converted into fiat, and as a result, greatly improve their operations and availability of funds. We look forward to continuing to be their reliable crypto partner in the future.”

Payhound is licensed by the Malta Financial Services Authority (MFSA) and is a holder of a Class 3 VFA License under the Virtual Financial Assets Act of 2018. The company has recently revealed its achievement of ISO 27001 certification for the second consecutive year.

Cryptocurrency

SOFTSWISS Named Crypto Company 2024

Published

3 months ago

February 7, 2024

George Miller

Reading Time: 2 minutes

Crypto Company of the Year was announced at the International Gaming Awards in London. SOFTSWISS, a leading technology company with 15+ years of experience in the industry, gets this title for the second year in a row.

Marking the beginning of ICE London, the awards ceremony has brought together top names in the iGaming industry to honour their achievements. The International Gaming Awards not only unites experts and gaming enthusiasts worldwide but also serves as the pinnacle charity event of the year.

The Crypto Company of the Year category recognises companies that create innovative experiences for clients in the gambling sector with a focus on crypto. The winner is determined by evidence showcasing the company’s standout performance in the crypto space compared to competitors. Reconfirming the previous year’s success, SOFTSWISS emerged as the Crypto Company of the Year for the second time in a row.

Securing the title of Crypto Company of the Year comes naturally to SOFTSWISS, the trailblazer in introducing crypto-friendly solutions for online gaming. Beginning with Bitcoin, SOFTSWISS has expanded its cryptocurrency offering to nearly 20 digital coins since 2013.

In its dedication to improving player experience, SOFTSWISS introduced the In-Game Currency Conversion feature. The innovation allowed players with crypto holdings to engage seamlessly in games originally tailored for fiat only. One year post-launch, 85% of all bets in crypto casinos powered by the SOFTSWISS Casino Platform were made via the feature.

As an expert in crypto-friendly solutions, the company shares its expertise through the quarterly State of Crypto reports and topical podcasts. This helps raise awareness among all stakeholders, offering essential insights for strategic decision-making.

Andrey Starovoitov, Co-CEO at SOFTSWISS, shares: “We are delighted to receive this award, and it signifies more than just recognition for our recent achievements. The title of Crypto Company of the Year holds deep meaning for those who led the way in integrating digital currencies into iGaming, actively advocate for crypto solutions, and generously share expertise in this field.”

About SOFTSWISS

SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. 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.

Cryptocurrency

Casino Market Industry Forecast Reveals Surge to $165.72 Billion by 2028 with Digital Transformation and Cryptocurrency Integration

Published

3 months ago

January 24, 2024

Hunor Pal

Reading Time: 2 minutes

The “Casino Global Market Report 2024” report has been added to ResearchAndMarkets .com’s offering.

The latest report on the global casino market highlights significant growth, with expectations for the industry to swell from $131.42 billion in 2023 to an impressive $165.72 billion by 2028, at a compound annual growth rate (CAGR) of 4.6%. The report offers a comprehensive analysis of current market dynamics, future trends, and potential opportunities, positioning it as an essential resource for stakeholders in the casino sector.

The casino industry, experiencing a renaissance through digitization and a shift towards online gambling, is witnessing the rising popularity of cryptocurrency casinos. Innovations, alongside a deepened focus on responsible gambling, are propelling market growth, drawing attention from both established players and new entrants.

Key Market Dynamics Influencing Growth

Online Gambling Expansion
Smartphone Proliferation
Innovative Casino Products
Strategic Industry Partnerships

The report underscores the growing dominance of the Asia-Pacific region in the global casino market, bolstered by evolving consumer behaviors and burgeoning tourism sectors. The detailed geographic assessment provides strategic insights into the vitality of various regions within the industry.
Gambling machines, gaming tables, and novel casino experiences are discussed in the report. The document leverages industry-specific metrics to provide a nuanced understanding of segment performance, addressing both offline and online modalities.

Industry Leaders Making Strategic Moves

With major corporations like 888 Holdings PLC and Caesars Entertainment Corporation, the casino market is rife with tactical mergers, acquisitions, and partnerships aiming to solidify market positioning and leverage collective strengths.

The global casino market research report presents in-depth market analysis, reflecting cutting-edge industry trends such as the integration of advanced gaming technologies. It also spotlights operational strategies and expansion plans of front-runners in the gambling domain.

This comprehensive research report is poised to be an indispensable tool for industry investors, strategists, and stakeholders planning to navigate the complex terrain of the casino industry with data-driven confidence.

The casino market research report is devised to serve a diversity of informational needs, offering a meticulous examination of the interplay between market forces, technological advancements, and consumer preferences shaping the future of gambling worldwide.

Please note, the market value detailed in the report represents the actualized revenues recognized by entities within the industry over the specified period and geography.

A selection of companies mentioned in this report includes