Latest News
Blockchain Casinos Ranked by Fees and Speed
Those who have been paying close attention will know that blockchain technology is transforming iGaming. The promises of verifiably fair games, timestamped and immutable transaction records, and instant settlements to and from crypto wallets on a per-bet basis promise to transform the industry for good.
Yet, it’s not all future promises, and there are already a number of functioning blockchain casinos. GamblersPro.com studied the data on the top blockchain casinos to find out which offer the fastest and lowest fee transactions.
1. Tron – WINK
The Tron blockchain is the proof-of-stake brainchild of Chinese American entrepreneur Justin Sun. It was one of the first blockchains to launch a fully functional casino app; WINK.
Tron works with the delegated proof-of-stake consensus mechanism and has extremely low fees and fast transactions. The average transaction fee on Tron is $0.000091 and transactions are typically settled in 1 minute.
2. BSV – Peer Game
BSV claims to be the original Bitcoin protocol restored. It’s associated with Dr. Craig Wright and iGaming pioneer Calvin Ayre, and while Wright’s claims to being Satoshi Nakamoto are contested by some, BSV certainly works well on a technical level.
Peer Game is the best-known casino app on BSV. It processes an average of 20,000 transactions every day at an average fee of $0.00050. BSV transaction times are 3-5 seconds. It has been demonstrated that BSV can do up to 50,000 transactions per second, making it one of the most scalable blockchains in existence today.
3. Crypto Games – Solana
Solana is the new kid on the block and holds lots of promise in the blockchain industry. It’s associated with billionaire Sam Blankman-Fried and promises to revolutionize blockchain with its Tower Consensus mechanism.
Crypto Games makes use of Solana’s native token SOL. Solana transaction fees are $0.00025 on average with a scaling potential of 50,000 transactions per second, it could quickly become one of the best crypto casinos online.
4. King Tiger – Ethereum
FunFair was one of the original blockchain casino developers, and its popular app King Tiger was built on the well-known Ethereum blockchain. Unfortunately, due to sky-high fees and scaling issues, FunFair’s King Tiger Casino had to temporarily cease operations earlier this year with a promise to return when network congestion lessens.
The average fee on Ethereum is $4.20 and the transaction speeds are in and around five minutes. Ethereum is capable of processing around 20 transactions per second, causing many blockchain casino developers to look to layer two solutions such as Polygon.
Summary
GamblersPro’s analysis found that, right now, Tron leads the way as far as the popularity of its best-known casino app goes. However, scalable competitors such as BSV and Solana have their own native casino applications and are catching up fast.
Keep an eye on this space, because it’s almost certainly where the future lies for casino gaming.
Latest News
Major affiliate QiH Group reports impressive Q4 and FY 2024 financial results
QiH Group, a prominent iGaming affiliate, has announced its financial results for Q4 2024, the three-month period ending 30 September. The results showcase robust performance and ambitious growth in a rapidly evolving, highly regulated and increasingly competitive online market.
Key Q4 Highlights
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Revenue: £6.33m, a 73% increase from Q4 2023
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EBITDA: £1.43m, a 90% increase from Q4 2023
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FTDs: 49% increase from Q4 2023
Key FY24 Highlights
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Revenue: £20.57m, a 59% increase year-on-year
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EBITDA: £4.85m, a 59% increase year-on-year
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FTDs: 43% increase year-on-year
CEO Comments
“We are thrilled to report strong quarterly results that underscore our commitment to innovation and customer satisfaction in the iGaming space,” said Jamie Walters, CEO and co-founder of QiH Group. “Strategic enhancements to our in-house tech, growing the business rapidly and appointing the absolute best people to our C-level team has clearly paid off.”
Operational Highlights
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Strengthened C-suite leadership team with the hire of leading CTO Sachin Saxena
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Expanded into a new sports vertical through the successful launch of Podium Bets, with sports betting expected to deliver up to 15% of full-year revenue activity in 2025
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Average headcount growth of 16% for Q4 2024 and 15% for FY 2024, leading to a significant expansion of the London office
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Entered strategic partnerships with 120 partners, delivering our trusted high quality traffic experience as further evidence of our successful internal strategy
Post-period Outlook
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Finalised C-suite leadership team with the hire of leading CFO Simon Winder
“As we head into the next trading year, QiH Group looks primed to go from strength-to-strength. Our C-level team is now complete and we have been able to attract some really impressive individuals to our most important senior positions, as proven by our recent hires. Our focus on compliant methods, data-driven results and responsible marketing will enable us to continue delivering value to our partners, clients and customers for the long term,” said Walters.
Latest News
BETBAZAR strengthens product line-up with GR8 Tech partnership
Industry-leading B2B iGaming marketplace unveils collaboration with the high-performance sportsbook and iGaming platform provider to supply even more solutions to clients
Betbazar – the innovative technology company behind the world’s leading B2B iGaming marketplace – has this month revealed details of a recent partnership with GR8 Tech that will enable it to provide an impressive array of sportsbook solutions to customers.
With GR8 Tech being one of the industry’s most forward-thinking providers of sportsbook and iGaming platform software, the collaboration means all BETBAZAR clients will be able to choose from a wide range of products aimed at providing a more immersive online experience to players.
While GR8 Tech’s award-winning sportsbook platform, MTS (managed trading services), and streamlined iFrame will all be available via the BETBAZAR marketplace, the star of the show from an operator’s perspective will certainly be the company’s critically acclaimed sportsbook data feed.
GR8 Tech developed this innovative solution to empower iGaming companies to supply an enhanced sportsbook experience to their customers. The GR8 Feed delivers real-time odds, scores, and statistics on approximately 100,000 events from the industry’s most trusted providers.
Covering everything from esports to American football, the feed itself is seamlessly integrated through an API and can harness the power of artificial intelligence to deliver live alerts and a dashboard that breathes life into customers’ statistics. All of this is backed up by bulletproof security features and a dedicated support team that’s available 24/7, 365 days a year.
Given the data feed’s scope to improve clients’ revenue streams and the myriad benefits offered by all of the other GR8 Tech solutions, the partnership will further establish BETBAZAR’s marketplace as the go-to destination for customers’ iGaming needs. Both parties are already looking forward to the numerous opportunities the collaboration should bring.
Alex Iaroshenko, Chief Executive Officer at BETBAZAR, said: “It goes without saying that if you want to be the iGaming industry’s leading B2B marketplace, you have to be able to offer the best products available – and in GR8 Tech’s innovative range of sportsbook solutions, we believe we’ve found a selection of services that will empower operators to offer a best-in-class user experience.
“Covering everything from sportsbook platforms, managed trading services, and the company’s celebrated data feed, the GR8 Tech products available in our marketplace will ensure we remain at the forefront of innovation while also offering a comprehensive range of options to customers.”
Oleksandr Feshchenko, Deputy CEO & CRO at GR8 Tech, said: “At GR8 Tech, we really believe in the quality of our products and their potential to help operators stand out and maximise their revenue streams – so the next step is obviously to ensure they’re seen by as many customers as possible.
“By partnering with BETBAZAR and making our solutions available via their industry-leading B2B worldwide marketplace, we’ll be able to guarantee that even more prospective clients will have access to the services we offer. This will in turn allow us to empower even more operators to provide an enhanced experience to their end users.”
Latest News
Spinosaurus – The Thrilling New Slot Game from PopOK Gaming
PopOK Gaming is thrilled to announce the release of its newest slot game, Spinosaurus – a captivating 3×5 slot that transports players back to the thrilling age of dinosaurs!
With vibrant, colorful visuals and dynamic gameplay, Spinosaurus features the iconic, mighty dinosaur as your guide on an adventurous quest for massive wins. Players can immerse themselves in prehistoric excitement while aiming for incredible rewards.
Key Features:
In the Bonus Game, players encounter the fierce Spinosaurus, spinning for multipliers, free spins, and other exciting rewards. For those eager to jump straight into the action, the Buy Bonus feature lets players skip right into the heart of the adventure for even more fun and potential rewards.
Whether chasing big wins or exploring the ancient world of dinosaurs, Spinosaurus offers a truly wild and exhilarating gaming experience.
Game Overview:
- Provider: PopOK Gaming
- Game Name: Spinosaurus
- Game ID: 134
- Category: Video Slot
- RTP: 96.20%
- Hit Frequency: 37.72%
- Max Win: 2,500x total bet
- Volatility: Medium
- Min/Max Bets: 0.02/100 EUR
- Release Date: October 18, 2024
Dive into the prehistoric era and experience the thrill of Spinosaurus today! Visit popokgaming.com to learn more or contact your PopOK Gaming account manager to add this exciting new game to your platform.
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