Connect with us
SIS

Blockchain

RoBET becomes first blockchain-based sportsbook to obtain Isle of Man gambling licence

George Miller

Published

on

RoBET becomes first blockchain-based sportsbook to obtain Isle of Man gambling licence
Reading Time: 2 minutes

 

RoBET has become the first blockchain-based sports betting business licensed by the Isle of Man Gambling Supervision Commission (GSC).

RoBET, a tech startup led by serial entrepreneur Edoardo Narduzzi, is an innovative platform able to manage all processes of the sports betting business through smart-contracts using Ethereum framework.

RoBET allows users to to bet on 17 different sports, including 47 different national football competition. Customers can use the platform using three different digital assets: RoBET’s own token – RAC – Ethereum and Bitcoin.

RoBET has been supported and assisted by SolutionsHub a leading consulting company in the crypto field.

RoBET founder Edoardo Narduzzi said: “Being granted the first blockchain sports betting licence is an enormous achievement.

“RoBET is a smart-contract decentralised, blockchain-based ecosystem for sports betting, utilising artificial intelligence to help customers handle risk management, odd evaluation and odd comparison.”

RoBET was helped through the licensing process by SolutionsHub, the world’s leading authority on crypto and blockchain gambling licensing, which is based in Douglas, Isle of Man.

SolutionsHub chief operating officer Nick Wright said: “We are delighted to have supported RoBET.

“The innovative nature of the technology and business model presents interesting challenges from a regulatory perspective, but as ever, we have worked closely with the GSC who have been very receptive and supportive, while ensuring the calibre of the licensee is suitable for the Isle of Man.

“The Isle of Man is proving to be the go-to jurisdiction for legitimate blockchain betting businesses due to its international reputation, speed to license within the publicised time-frames, cost effectiveness, and ability to engage with the regulator in meaningful, open and transparent dialogue.”

Lyle Wraxall, CEO of Digital Isle of Man, said: “Digital Isle of Man is delighted to welcome RoBET to the Isle of Man as the first blockchain sports betting operator in our jurisdiction.

“The Isle of Man continues to grow its community of top-tier blockchain and crypto betting businesses and proactively seeks to meet the needs of innovative businesses. We look forward to supporting RoBET throughout their growth in the island.”

 

Blockchain

Spanish and German football giants join Sorare blockchain game

George Miller

Published

on

Spanish and German football giants join Sorare blockchain game
Reading Time: 2 minutes

 

Sorare, a fantasy football game where fans can trade official blockchain cards, and Spanish and German giants Atlético Madrid, Valencia CF and Schalke 04 have signed a landmark agreement to bring the benefits of blockchain gaming to football fans.

For decades, Football fans have traditionally collected and played with physical player cards but, when it comes to the digital world, this has never been possible.

Current digital games provide items that are neither scarce nor actually owned by the millions of gamers that play them.

Introducing Sorare Blockchain Cards

Sorare’s blockchain player cards are limited edition digital collectibles that gamers can own, freely trade and use in a global fantasy game.

Sorare is already officially licensed by 30 football clubs with dozens of other major clubs lined up and ready to be announced throughout the remainder of the season.

In Sorare, managers compose teams of 5 blockchain cards to compete in Fantasy Football Leagues to earn prizes and unlock achievements.
Managers get ranked based on the performance of their players on the pitch, and bonus points related to the power of their blockchain cards.

For more information on Sorare, please visit sorare​.com

Nicolas Julia, Sorare Co-founder and CEO, said:
“We are very proud to have signed these agreements with Spanish and German heavyweights, and we thank them for their trust in Sorare. We see this as a game-changing announcement for the blockchain gaming and the football industry. Today’s announcement marks a new step in our vision to create a global open gaming ecosystem.”

Susana Martínez, Atlético Madrid Head of Licensing, said:
“Sorare’s innovation and expertise make them a perfect partner to introduce this ground-breaking game and what we believe will become coveted digital collectibles for Atlético Madrid fans around the world. With already 30 football clubs officially licensed, Sorare is clearly leading the way in this new market.”

Guillaume Henric-Coll, Valencia CF Licensing Manager, said:
“Sorare is a radical new way for fans to connect with Valencia CF players. We believe blockchain technology creates a truly unique product that fans can collect, manage and engage within a fun game, and we are excited to partner with Sorare to introduce these digital collectibles to the Valencia CF community.”

Continue Reading

Blockchain

CasinoCoin strikes Omnia Casino token deal

George Miller

Published

on

CasinoCoin strikes Omnia Casino token deal
Reading Time: 2 minutes

 

CasinoCoin, the blockchain for gaming, has agreed a deal with leading operator Omnia Casino to launch a custom token that will power the casino’s new loyalty and rewards programme.

Players will earn tokens as part of a new loyalty scheme, and will be able to spend them in a dedicated store in exchange for free spins, bonuses or branded items of the operator’s choosing.

The token, a digital asset which sits upon the CasinoCoin blockchain, will be fully branded and controlled by Omnia Casino.

By leveraging the power of the CasinoCoin blockchain, which facilitates nearly instantaneous transactions at super low fees, the new Omnia Casino rewards programme will benefit from greater automation, security and engagement.

Sam Hobcraft, founder of Omnia Group, said: “Innovation is at the heart of Omnia Casino, so we are delighted to be the first major operator to move its rewards programme onto the blockchain.

“We selected CasinoCoin to power our new token because its technology is faster, more secure and more scalable than alternatives that we reviewed as part of the selection process. As the blockchain for gaming, and with a team that understands this space, they are the perfect partner and we look forward to building a long-lasting relationship.”

John Caldwell, director of advocacy at the CasinoCoin Foundation, said: “Since we launched custom tokens earlier this year, we have seen forward-thinking gaming companies use the technology for very different purposes.

“Omnia Casino is the latest to find an innovative way to use our blockchain to deliver tangible, real-world benefits to its operation. By placing a custom token at the heart of its rewards programme we are able to help Omnia improve key metrics across the board, including security, automation and engagement.

“Adding a leading operator in Omnia to our network further underlines CasinoCoin’s position as the blockchain for gaming.”

Running a loyalty and rewards programme on the CasinoCoin blockchain confers several major benefits for operators. It reduces costs by increasing automation, eliminating the need for manual logging and combatting fraud.

With customers more likely to engage when they can choose their reward, tokenising loyalty makes it easier to offer players the opportunity to spend their points at multiple vendors, or even exchange them with friends.

Over the past few months, a number of gaming companies have struck deals to launch custom tokens on the CasinoCoin blockchain, including leading roulette manufacturer Cammegh and eGamingFund, a one-stop, licensing and distribution platform for games developers.

 

Continue Reading

Blockchain

Blockchain In Mobile Application Market

George Miller

Published

on

Blockchain In Mobile Application Market
Reading Time: 2 minutes

 

If we have to give a simple definition to Blockchain, then it can be defined as “a series of blocks which store data” is called blockchain technology.

The method is planned to record the timestamp of digital documents so that hackers won’t be able to change or tamper he details.

Internet has a major role to play in the execution and application of blockchain technology, it completely works with the help of the internet. This is also known as meta-technology as it influences several other technologies. It is a combination of various other constituents like software application, a series of connected computers, a database, etc.

Sometimes this term is also used for Bitcoin Blockchain or The Ethereum Blockchain and also for various other digital currencies or tokens. One common point among all these is that they are all based on distributed ledgers.

Let’s discuss why Blockchain technology has become so popular?

Resilience: Blockchains is often duplicated architecture. The chain is still controlled by nodes that are present protecting chain from massive attack like hacking, alteration or data tampering.

Time reduction: Blockchain technology does not have a lengthy verification process and this makes transactions faster than never before.

Reliability: Blockchain verifies and accredits the identities of the interested parties. This eliminates double records, minimizing rates and fastens transactions.

Take any field it can be retail, finance or any other industries, all these started moving towards adopting blockchain and in future it will help in designing and developing countless mobile applications.

However, combining blockchain technology with your app is not as easy as it appears to be. To build blockchain based app you would need a developer or a team of developers who are expertise in blockchain technology and mobile app development.

But once you get succeeded in finding the right ones for your project, it will become easy for you to setup your app and overtake your competitors.

To give you detailed knowledge of “Blockchain In Mobile Application Market”, AC Market has designed an informative and interesting infographic. Click here, for the infographic.

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.

Latest by author

Trending

European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +50,000 readers. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports.

Contact us: [email protected]

Copyright © 2015 - 2019 European Gaming Media and Events. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

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.