Cryptocurrency
Casinokrypto Shocks The Casino World With Its Newest Inclusions
![Casinokrypto Shocks The Casino World With Its Newest Inclusions](https://europeangaming.eu/portal/wp-content/uploads/2022/03/casinokrypto-PR.jpg)
Casinokrypto.com announced its active involvement in the Krypto betting space by providing Krypto news and reviews of online crypto casino brands. This online hub is created especially for Norwegian gamers due to the many restrictions placed by the Norwegian authority on online casinos.
Since the Norwegian government now prohibits the use of Visa and Mastercard in traditional online casinos, cryptocurrencies for online casinos have become the new fit. Moreover, digital currency is taking over.
The purpose of this newly introduced addition into the Norwegian online casino space is to enable users to bet with their cryptocurrency and create a platform that allows users to see that games are safe and fair. Since crypto transactions are run on blockchain technology, it assures players that there would be no foul play.
At the same time, the newly launched CasinoKrypto News offers players the newest updates on happenings in the online casino and crypto world. The hub has set a system in place to verify news and updates that will be released on its website.
Also, CasinoKrypto has carefully selected some online casino brands that are featured on the website. With the help of experienced researchers and casino players, the online casinos have a list of casinos to meet almost any casino player’s needs. These brands include modern and classical games with tons of rewards. Some of the features casinos include:
Stake Casino
On her website, Krypto Casino has announced its latest inclusion, Stake Casino. Launched in 2017, Stake Casino is a Curacao-licensed online casino. It is said to be owned and operated by Medium Rare NV. The casino provides her gamers community with different games, including slot machine games, live casinos, table games, and much more.
Just as it should be, casino lovers can bet using directly from their wallet for a crypto casino.
Stake Casino welcomes players with its large selection of sporting games to bet; among them are table TENNIS, volleyball, FIFA, baseball, CRICKET, snooker, MMA, and many more.
Stake casino also offers competitive odds and markets with 100 fair scores determined by Random Number Generator.
Bets.io
Krypto casino is also pleased to announce the inclusion of Bet.io on their website. Bets.io is a mobile-friendly site that solely takes cryptocurrency payments.
Bet.io is run by Bets Entertainment N.V. and is licensed in Curacao. Since its opening, this game has amassed several players due to its incentives.
It provides free spins for new players with 24/7 customer support.
Just as expected, you’ll have full access to all of Bets.io’s games, promotions, and bonuses once you register.
For gamblers with the marketing flair, Bets.io allows you to become an online casino affiliate, earning up to 50% percent on revenue sharing. You can use any digital assets for deposit or withdrawal – Ethereum, Tron, Bitcoin, litecoin, etc.
Before diving right in, you should know it can only be accessed by users from Germany, Canada, Australia, New Zealand, and South Africa.
Goodman
That’s the question Krypto Casino is asking who is about to try out the Goodman Casino. Goodman Casino, which began in 2021.
This Curacao-licensed casino provides a wide range of games to players; you can play slots, Bitcoin games, live casino games, and much more.
Krypto Casino is excited to collaborate with this casino as it follows protocol and accepts only eligible players.
The casino is linked with the GamCare, Gambling Therapy, and Gamblers Anonymous problem gambling organizations. There are responsible gambling features in places, such as deposit and wager limitations. You can also request self-exclusion periods as needed.
Goodman beats this for gamblers who care about their data safety by using SSL encryption for data security.
Goodman Casino provides three different bonuses: a reload bonus of up to 100 free spins is offered to Goodman Casino members who make a deposit.
For a crypto casino, payment and withdrawal are swift, and it accepts Bitcoin, lite coin, Ethereum, and others.
In addition to online casino reviews, CasinoKrypto will also be reviewing several online games on its website. Currently, some reviews have been released by the website for games like:
Mine
Mine is a lively game that perfects all types of players. As its name implies, it is a land mine game with the task that you open enough stars so you do not get blown up. The more star you open, the more opportunity of winning
Crash
The inclusion of the crash came from the stables of Betfury for gamers to place bets. The better you play, the higher you win.
Pachinko
Casino Krypto includes the pachinko game for gamers. A smart game for players interested in the classic kind of game
Plank
Another of its exciting games on the website is Plank.
Dice
Casinokrypto has just come up with another thrilling Stake Casino game- Dice. It’s a tactical game that involves guessing a number higher or lower than the number rolled. If you can withstand this, you are up to win.
CasinoKrypto is interested in providing the latest news and, updates, honest reviews on online crypto casinos and games for its Norwegian audiences. Players can be confident to check CasinoKrypto before playing any online games because it feeds users everything they need to know and connects gamblers with the best Krypto casino games.
Cryptocurrency
Bitblox announce more fast-paced crypto fun in Up or Down? Turbo
![](https://europeangaming.eu/portal/wp-content/uploads/2024/07/Bitblox-announce-more-fast-paced-crypto-fun-in-Up-or-Down_-Turbo_20240724_132355_0000.png)
Fasten your seatbelts and get ready to put your crypto price prediction prowess to the test once more, because this month revolutionary software provider, Bitblox, is back in action with an even faster version of its Up or Down format in the new Up or Down? Turbo.
Played out over quick-fire 20 second rounds, Up or Down? Turbo is a simple yet exhilarating thrill-ride that challenges players to correctly guess whether the value of Bitcoin will rise or fall in real-time, meaning it’s the perfect way to enjoy fast-paced crypto fun where every second truly counts.
Featuring a straightforward premise and an intuitive user interface where players can place their bets and track their performance after each round, Up or Down? Turbo provides an engaging experience that will appeal to crypto aficionados and those new to the market in equal measure.
Optimised for mobile and desktop, the game is currently available in fixed odds and parimutuel betting formats with a rake/margin and maximum bet that can be fully customised by operators, making it a versatile title that offers players scope to realistically win up to 10x their bet per round.
Up or Down? Turbo and all games from the Bitblox studio have been approved for release by the Gambling Supervision Commission for IOM-licensed operators, allowing them to add an exciting new vertical to their existing casino line-ups.
Of course, with the original Up or Down game also available and more innovative new releases planned for 2024, this is just the tip of the iceberg in terms of what operators can expect going forward as Bitblox begin to usher in a new era of accessible crypto-based betting for the masses.
Brandt Page, CEO at Bitblox, said: “Just when you thought the rush of predicting the Bitcoin market in real-time couldn’t get any more exciting, we’ve kicked the action up a notch to provide players even more opportunities to turn a quick profit in Up or Down Turbo.
“With a new round starting every 20 seconds, Up or Down Turbo takes our classic ‘higher or lower’ format and puts it into overdrive, supplying a fun and fast-paced betting experience that can be customised by the operator to deliver optimised RTP and engagement for their business.”
Cryptocurrency
Betting on Crypto: How Crypto Casinos are Driving Mainstream Adoption
![Betting on Crypto: How Crypto Casinos are Driving Mainstream Adoption](https://europeangaming.eu/portal/wp-content/uploads/2024/07/cc-x-transact-365.png)
Author: Scott Major, CCO, Transact365
In the digital age, two revolutionary trends are converging to reshape the landscape of financial entertainment: cryptocurrencies and online gambling. At the forefront of this intersection are crypto casinos, innovative platforms that are not only leveraging blockchain technology but also driving the widespread adoption of digital currencies.
By integrating digital assets into an engaging and familiar activity like gambling, crypto casinos are introducing a wider audience to the practical uses of blockchain technology. Conversely, the growing popularity of cryptocurrencies is attracting more users to online gambling platforms, expanding the reach of such platforms to tech-savvy individuals who prioritise privacy and decentralisation.
Crypto Casinos: Pioneering Adoption
Crypto casinos represent a new frontier in the gambling industry, leveraging blockchain technology to offer players a secure, transparent, and decentralised gaming experience. By accepting cryptocurrencies like Bitcoin, Ethereum, and others, these platforms provide users with unparalleled privacy, faster transactions, and lower fees compared to traditional fiat currency casinos. This alignment with the ethos of decentralisation and financial sovereignty inherent in cryptocurrencies has attracted a growing number of tech-savvy users and early adopters to the world of online gambling.
Moreover, crypto casinos are not just leveraging cryptocurrencies; they are actively promoting their adoption. In fact, crypto casinos are expected to become more mainstream by the end of 2024. Players who may have been previously unfamiliar with digital assets are now acquiring and using them for entertainment purposes, thereby integrating cryptocurrencies into their everyday lives. This increased exposure to cryptocurrencies through gambling fosters a deeper understanding and acceptance for their utility and benefits beyond the gaming sphere. Therefore, as cryptocurrencies gain wider acceptance, more traditional gamblers are likely to explore crypto gambling options. This trend could expand the market share of crypto casinos within the overall online gambling industry.
The Ripple Effect: Cryptocurrencies and Online Gambling
Cryptocurrencies are also revolutionising the online gambling industry by addressing long-standing challenges related to payment processing. One of the critical barriers for traditional online casinos has been the inefficiency for certain underbanked sectors and at times costliness of payment solutions – exacerbated by stringent regulations and geographical limitations. Cryptocurrencies circumvent these hurdles by offering a decentralised payment method that operates across borders with minimal fees and swift transaction times.
An efficient payment solution is paramount to maximising the synergy between cryptocurrencies and online gambling. Crypto casinos have capitalised on blockchain technology’s ability to facilitate instant and secure transactions, ensuring seamless deposits and withdrawals for players worldwide. This efficiency not only enhances the user experience but also expands market reach by attracting players from regions where traditional banking systems may be unreliable or inaccessible.
Harnessing Efficiency for Growth
By streamlining financial transactions through blockchain technology, crypto casinos are able to offer competitive advantages that resonate with today’s digital-first consumers. This includes faster payouts, reduced transaction fees, and heightened security measures that inspire trust and confidence among players.
The rise of crypto casinos is not merely a trend but a transformative force that is propelling the adoption of cryptocurrencies and reshaping the online gambling industry. By embracing blockchain technology and user-friendly crypto and local payment solutions, these platforms are fostering a symbiotic relationship that not only benefits both industries but most importantly the customers alike.
Bitcoin
Navigating Bitcoin’s Impact: SOFTSWISS’ iGaming Industry Overview
![](https://europeangaming.eu/portal/wp-content/uploads/2024/05/Копия-Q1-2024-Results-1200x800-1.png)
In March 2024, Bitcoin soared to a historical high, nearing 70,000 euro per coin. How does this impact the iGaming market? Being a tech company with over 15 years of experience and an innovator in crypto iGaming software development, SOFTSWISS shares anticipations in its quarterly crypto analysis.
Over 220 brands powered by the company engaged in crypto transactions during the first quarter of 2024, which is 12% higher than the previous quarter. SOFTSWISS experts analyse the data gathered from crypto-friendly brands by employing extrapolation, comparative, and correlative analysis.
iGaming Market Overview: Unveiling Anticipated Growth
The size of the global online gambling and sports betting industry is expected to rise significantly and exceed 170 billion euro by 2032, according to Statista. Based on SOFTSWISS data, the iGaming market has demonstrated a stable pattern of growth year after year.
In absolute terms in euro, the Total Bet Sum grew by 5.8% in the first quarter of the year compared to the last quarter of 2023. Analysing the year-on-year increase, comparing Q1’24 with Q1’23, the growth is more impressive, showcasing a 47.2% boost.
Simultaneously, the Total Bet Count, both fiat and crypto, displayed a slightly larger gain in the first quarter of 2024 compared to the previous quarter, surpassing 6.1%. The indicator’s year-on-year boost is much more notable, revealing a 57.2% increase.
The popularity of iGaming in recent years has been fuelled by its global reach and accessibility due to constant technological advancements. On one hand, the quality of internet connectivity continues to rise, while on the other, new payment methods are emerging, simplifying payment procedures.
The in-depth quarterly analysis, ongoing since the beginning of 2022, reveals that fiat bets are undergoing more substantial growth compared to crypto bets. In Q1’24, the Fiat Bet Sum increased by 6.9% compared to Q4’23, while the rise of Crypto Bet Sum was at 2.4%.
The more active growth of fiat bets led to a slight decrease in the share of crypto. In the first quarter of 2024, the crypto share in the Total Bets Sum settled at 24.4%, decreasing by 0.8 percentage points (p.p) compared to the last quarter of 2023.
What is the State of Crypto in iGaming?
Analysing crypto bets, it is crucial to highlight that almost 93% of them are facilitated through the in-game currency conversion tool, which is gaining traction. This mechanism allows operators to engage players with cryptocurrency assets in games initially tailored for fiat only. Operators that adopt such options are gaining more competitive advantages in the market.
While the Q1’2024 Crypto Bet Sum shows a moderate 2.4% growth compared to the previous quarter, the year-on-year analysis demonstrates a 20.8% increase. The Crypto Bet Count remained unchanged in Q1’24 compared to the previous quarter’s indicator. Simultaneously, the metric increased by 21.3% year-on-year. The figures speak volumes, showcasing a consistent interest among players in crypto gaming.
“The lack of a substantial increase in the number of crypto bets during Q1’24 can be partly attributed to the significant rise of the Bitcoin exchange rate during this period, leading players to be more cautious with their crypto bets. This trend mirrors the situation in the first quarter of the previous year when the Bitcoin exchange rate surged following a decline at the end of 2022,” comments Vitali Matsukevich, Chief Operating Officer at SOFTSWISS.
What Distinguishes the Average Crypto Bet?
The average crypto bet increased to 1.71 euro in the first quarter of the year from 1.66 euro in the last quarter of 2023. This growth correlates with a significant strengthening of the Bitcoin rate during the first quarter of 2024.
The average fiat bet remained steady at around 0.81 euro in Q1’24 and Q4’23. The average total bet stayed constant since the second half of the previous year and is equal to 0.93 euro.
Notably, the average crypto bet is double that of fiat. This indicates that digital currencies are preferred by higher-income players.
Why Did Bitcoin’s Share Drop?
The Top Five most operated digital coins in iGaming have remained stable during the last two years with minor changes in ranking order. The top still includes Bitcoin, Ethereum, Litecoin, Dogecoin, and Tether.
In Q1 2024, Bitcoin experienced a significant decline of 9.4 p.p. compared to Q4 2023. This could be attributed to the bolstering Bitcoin exchange rate and players exercising a more cautious approach towards it.
In contrast, the shares of other digital coins have increased. Ethereum and Litecoin showed growth of 4.0 p.p. and 3.8 p.p., respectively, during the same period. Simultaneously, Dogecoin rose to fourth place in the ranking, leaving Tether behind.
Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, summarises: “The benefits of employing digital currencies, such as fast transactions and anonymity, still attract many players. Embracing cryptocurrencies in iGaming can boost operator profits despite their volatile nature.
As the Bitcoin rate is expected to strengthen after the Bitcoin Halving, the average crypto bet and projected gains may see a notable impact. During such promising times, it is crucial to have reliable and experienced partners to navigate the path to success.”
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.
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