Tag: Online Gambling

EVO.io Gets $3M Boost from SABA Sports to Lead Crypto iGaming Revolution

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SABA Sports, a leading Asian sportsbook provider, has invested $3 million in cryptocurrency-focused online casino EVO.io. With this commitment, SABA Sports is demonstrating its confidence in the expanding junction of blockchain technology and the international iGaming sector. A statement from SABA Sports shared the company’s optimism about the potential of blockchain in the gaming space, saying there’s no doubt that crypto will be pivotal in iGaming’s evolution.

“While it currently facilitates seamless deposits and withdrawals, blockchain’s potential extends far beyond that. Think transparency in casino games, on-chain betting data, and more innovative applications,” he said.

Why It Is Special

Backed by the potential of a decentralized Web3 network, EVO.io is positioning itself as a next-gen gaming platform, transforming how players interact with the iGaming world. The platform, scheduled to officially launch in September 2024, is currently in beta testing and undergoing a branding overhaul to prepare for its entry into the market. But what does it bring to the table?

Well, EVO.io is not just your typical crypto casino. While offering a full suite of casino games and betting options with digital currencies, it aims to go beyond the conventional model by leveraging decentralization to empower its players.

SABA Sports believes EVO.io is on a mission to revolutionize the industry by giving users more control—whether they want to “be the house” or challenge it, create their own games, control their funds, or bring in friends for a truly immersive and transparent experience.

More on Web3 Gaming and the Future of iGaming

Already, Web3 gaming is creating a stir with play-to-earn models, the selling of metaverse land, and the emergence of gaming DAOs. Whether it’s via in-game NFT income or secondary market asset selling, players may now make money in virtual worlds. Web3 betting has a promising future ahead of it, as blockchain transactions will make up a significant amount of gaming activity in recent years.

One of the many advantages of Web3 gaming is the increased security it provides. Thanks to blockchain technology, in-game data and assets are less likely to be compromised. Players may soon be able to transfer skins, equipment, and characters based on NFTs from one game to another, thanks to impending interoperability.

On the other hand, broad adoption continues to face significant obstacles, such as regulatory issues and the need for blockchain solutions that are scalable, quick, and secure. While full-scale cross-platform integration remains a challenge, early efforts are underway, offering a glimpse of the future. But as more developers and publishers, such as Ubisoft, experiment with distributed ledger technology (DLT), Web3 gaming’s footprint is set to grow.

Whale.io Leading the Way for Crypto Casino Gaming on the TON Network

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Whale.io is creating quite a stir in the gaming business as the newest craze in online casinos and sportsbooks. This TON Network-based new platform is more than just another online casino as it is designed to provide customers with a dependable and thrilling location to play. Whether you want to play on the web or over Telegram, it has crypto gaming enthusiasts covered with top-tier games, smooth gameplay, and a focus on security and transparency.

Core Features

Game options at Whale.io’s crypto casino and sportsbook are extensive and varied, including everything from slots and roulette to blackjack and baccarat. Looking forward, Whale.io has grand ambitions to launch brand-new games that will provide players with exciting and novel experiences. Adding even more diversity to the platform, these new games want to push the limits of what is presently available in the crypto gaming sector.

And that is where the fun begins especially for crypto enthusiasts looking for hassle-free gaming.

Thanks to the platform’s support for a variety of payment methods, such as TON, NOT, USDT (ERC-20), mBTC, and cUSD, users are provided with the freedom to easily manage their cash. This diversity makes it easy for players to use their chosen cryptocurrency for both deposits and withdrawals, which improves the entire experience.

As if that was not enough, Whale.io is also offering Whale Coin, a cryptocurrency that will serve to both reward dedicated gamers and support the community. This new feature enhances the benefits for users, allowing them to gain even more from their engagement and loyalty to the platform.

Anyone interested in claiming $Whale tokens via the EARN program will find a quick and easy approach on Whale.io. Using a Telegram account, players may register at whale.io or @whale to get their exclusive referral code and link There is a daily update for both referral earnings and $Whale tokens; USDT earnings are accessible for daily claims, while $Whale tokens will be available later.

Investing in Gamers

One thing that makes Whale.io special is the way it compensates players. Rather than the usual welcome incentives, Whale.io has launched the #SometimesloseAlwaysWIN program, which provides cashback of up to 20% per day. Because players may still get some of their money back even when they lose, gambling is never really a drag. In addition to keeping players interested, this approach lessens the crushing feeling of defeat.

Along with cashback, Whale.io has a refer-a-friend program that pays out for life for both direct and indirect referrals. Players are encouraged to invite friends and benefit together via this unique initiative, helping to improve the entire gaming experience and developing a sense of community in the growing world of crypto gaming.

Rivalry Expands into Crypto Gambling with Rivalry Token Announcement

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Rivalry, a leading operator in the iGaming and sports betting sectors, recently announced the upcoming debut of Rivalry Token, its native blockchain cryptocurrency. The Toronto-based business believes that this unique initiative would provide “increased functionality, economics, and user experiences across the company’s product suite.”

Launch Details

When it launches in the second half of 2024, the Rivalry Token will be fully integrated with all of Rivalry’s products, including its sportsbook, casino, and more. The end-to-end customer experience will be enhanced by the token’s built-in features.

Some of the ways users may earn tokens on the platform include betting and friend referrals. Players may use these tokens to do a lot of cool stuff on Rivalry, including increasing their chances of winning and entering jackpots. Furthermore, Rivalry Token will be available for trade on cryptocurrency exchanges as $RVLRY.

The news came with the official launch of Rivalry’s pre-farming campaign, where users may start earning an interim currency via site engagement and social media. This money will then be turned into Rivalry Token at the token generation event in H2 2024. Furthermore, all Rivalry accounts will be rewarded with tokens according to their past activity, giving players who missed out a chance to reactivate and rewarding returning customers.

“Rivalry is well-positioned to access the growth opportunity in crypto with a proven product set, a brand entrenched in internet culture, and a captive audience of digitally native users that are driving this economic renaissance.”

Steven Salz, Co-Founder and CEO, Rivalry

With the exception of Ontario and Australia, all of Rivalry’s active markets will have access to Rivalry Token after its official launch. Over the next few months, the firm will disclose further details on Rivalry Token, such as its business partners, token economics, and more.

Further Expansion Plans

Users will soon be able to wager using Bitcoin, Ethereum, Dogecoin, and other prominent cryptocurrencies thanks to Rivalry’s plans to expand its platform’s support for additional cryptocurrencies. This opens the door for the company to have even more access to the rapidly growing crypto betting market, which is thought to constitute as much as 25% of the world’s total betting volume.

Betting handle, gross gaming revenue, and net revenue all increased sequentially in the first quarter, according to Rivalry Co-Founder and CEO Steven Salz, who said that the firm was back on track to expand. Compared to the average levels observed throughout 2023, he said, the record-high net sales margin obtained during the quarter proved the efficiency of their plan. Salz also brought up the fact that Rivalry’s original casino content is becoming more popular, which is leading to new business-to-business income prospects that the firm intends to explore soon.

Plinko Goes Crypto: Exploring TG.Casino’s Game-Changing Platform

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A revolutionary new company, Jim AI Studios, has made waves in the cryptocurrency industry with the release of a revolutionary new product: TG.Casino, a Plinko gambling platform designed just for crypto aficionados. This innovative project has the potential to significantly alter the dynamics of the crypto-gaming industry as a whole.

Plinko, a classic gambling game that made its debut in the United States over four decades ago, has undergone a meteoric rise in popularity in recent years. It is now one of the most popular places to gamble with cryptocurrency and TG.Casino is at the forefront of this exciting new development. Notably, the project works flawlessly with Bitcoin and other cryptocurrencies, and it leverages digital currency incentives to entice and reward participants.

Why It Matters

TG.Casino is the best place to go if you are in the market for an outstanding Plinko casino, and you can find it right here. Already making waves since its debut on Telegram, this bitcoin gaming platform is trusted, safe, and reliable.

Like the popular Telegram-powered web3 platform, Unibot, TG.Casino stands out for its innovative use of Telegram’s seamless automation. It has been widely known that every month, Unibot sends out trading techniques for cryptocurrencies through Telegram. This proven track record, together with the attractiveness of its native token, TGC, has added to the growing expectations for TG.Casino.

According to its white paper, TG.Casino was created to bring together “online casinos, cryptocurrency, and the immensely popular messaging platform, Telegram.” With Telegram’s unmatched security, lightning-fast speed, and massive user base, this cutting-edge technology combines bitcoin transactions directly into the game experience.

Personalised Experience

At the heart of the TG.Casino ecosystem is the TGC token, a monumental component that will disrupt the status quo of conventional casino rewards programs. By providing access to TG.Casino’s vast incentives and privileges, the TGC token goes beyond its traditional token status to become a value-driven asset.

By eliminating the need for Know Your Customer (KYC) identification, TG.Casino, the next-generation Web3 GambleFi solution, takes on industry heavyweights like Rollbit, Hamsters, and Stake.com head-on. Players can be confident that they will still experience the highest levels of openness, the quickest deposit times, and the least complicated withdrawal processes notwithstanding this exception.

With the launch of TG.Casino on Telegram, a new wave of interest is anticipated to drive the presale to previously unseen heights. Over $296,000 has been raised in only one week, according to the most recent website update. This astonishing success exemplifies the project’s quick ascension and increasing investor trust.

Early investors stand to reap the rewards of impressive annual percentage yields (APY), which are currently skyrocketing at an astounding 1463.46%. Furthermore, the platform allocates a portion of its profits to community members (TGC holders), with the most substantial benefits reserved for those who stake their holdings.

In addition to these lucrative incentives, the project also operates a forward-thinking buyback program, incinerating 40% of the tokens and redistributing the remaining 60% among community members. This innovative approach fosters a dynamic ecosystem characterized by sustained growth and substantial rewards for all participants.

Coco’s Unique Crypto Casino Breaks New Ground in the World of Online Gambling

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Cryptocurrency is an ever-evolving industry where cutting-edge platforms are continually pushing boundaries. Coco, one of the newest crypto casinos, has taken the industry by storm, processing $36 million in transactions in its first 12 hours of operation. This success may be credited to the platform’s one-of-a-kind services, one of which is a native token known as COCO. Since it was first listed, the price of COCO has skyrocketed by more than 1,200%, making it one of the most successful cryptocurrencies in history.

As the cryptocurrency market as a whole struggles with lackluster volatility, investors have been on the lookout for new profit opportunities. To meet this demand, Coco’s casino has integrated the Ethereum blockchain to provide a spectacular on-chain betting experience.

Great Defining Offerings

One of its features is a slot machine that was modeled after Milady NFTs, and it also has a machine that is devoted to two popular meme coins: pepe (PEPE) and dogecoin (DOGE).

Coco takes pride in being able to demonstrate that it is a “provably fair” casino, which differentiates it from other casinos in the industry. Using the extremely secure SHA256 method, each game generates a seed and transmits its hash. Players may be confident that their funds will be handled honestly and securely since the platform generates a new seed before each game to verify the authenticity of all transactions.

Another Fad or A Truly Disruptive Force

There is no denying the effect Coco’s introduction has had on the industry. Data from etherscan shows that in only the first 12 hours after becoming up, the casino processed transactions totaling $36 million. Moreover, the original listing price of the COCO native token was less than $0.007; nevertheless, it has since surged to 8 cents, which has resulted in an amazing market capitalization of $8.8 million.

Not only has Coco gained attention, but there are other crypto casinos as well. Real hamster races on the blockchain platform Hamsters.gg have also attracted the interest of the cryptocurrency trading community. Bets on the platform are accepted in Binance’s own currency, BUSD, which is tied to the US dollar, and may be placed using Ethereum or BNB Chain tokens.

It is no surprise that as Bitcoin and Ethereum grow in popularity, more and more gaming sites are beginning to support these virtual currencies. Still, the new cats in the sector are definitely demanding attention as well.

The Rise of Stake.com in the Multi-Billion Dollar Crypto Gambling Industry

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Stake.com opened its doors in 2017 with Ed Craven and Bijan Tehrani at the helm. The intention was to provide a trustworthy environment for crypto gamblers. They were motivated by the success of SatoshiDice, the pioneering cryptocurrency gaming platform that went live in April 2012 and now years later it has paid off.

The company has become a $2.6 billion industry powerhouse with customers all around the globe enjoying its cutting-edge services despite facing some setbacks in its early days.

What Makes Them Different?

Stake.com fully utilizes the benefits that cryptocurrencies provide to the online gaming industry, like anonymity, decentralization, quicker transactions, and cheaper costs. They have also adapted well-known games like Crash, Dice, and Plinko for the cryptocurrency community.

They’ve also established relationships with the industry’s top game developers, guaranteeing that their players will always have access to new and interesting games. This is in addition to the way they have capitalized on the rising popularity of live-streamed games, which has helped the business expand rapidly.

Continuous Growth Ambitions

Stake.com takes a proactive marketing approach, running campaigns aimed at both prospective consumers and regulatory organizations to better explain bitcoin and blockchain technology. This is evident in how they have put a lot of money into social media advertising, which has helped them reach more people and generate more buzz about the offerings.

Thanks to this, the company has risen to prominence as one of the most trusted brands in the cryptocurrency gaming industry.Stake.com is currently listed as the seventh biggest betting business internationally based on revenue, outperforming other well-established brands thanks to its 6 million registered accounts and over 600,000 regular and active users.

With ambitious aspirations for worldwide development and the ability to successfully navigate varying legal climates, Stake.com is undoubtedly at the forefront of the crypto-gaming revolution.

And it just keeps going.

Stake.com has highlighted plans to offer ‘unique and exclusive betting markets’ for its new audience. This includes esports, entertainment, and political events, all of which have the potential to produce significant income streams within the sector over time. As part of their company growth plans to maintain the competitive edge in an increasingly saturated industry, they provide a welcome bonus and a VIP program in addition to the 15 other promos that they already provide.

SOFTSWSS Reveals Some Predictions for Crypto Gambling

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New research from SOFTSWISS, a renowned IT supplier for iGaming, has revealed that the crypto-friendly gaming business is still growing impressively. That is, there is still a strong preference for crypto payments among players, despite the setbacks experienced in 2022.

The report’s findings, based on an analysis of data from 700 users of SOFTSWISS’s Game Aggregator and Casino Platform, were astounding. Total bets placed via the provider’s platform climbed by 31% compared to 2021, despite the volatility of the cryptocurrency market. Overall gambling earnings, measured by Gross Gaming Revenue (GGR; the sum of all bets and all payouts, including taxes and fees), increased by 36% year over year.

Impressive Growth Figures for Crypto

One of the most interesting revelations was that although the number of fiat-based initiatives has been growing, the influence of the existing global crypto community is not waning. It is still a priority for iGaming businesses to accept cryptocurrency payments and create new cryptocurrency-centric technologies.

Bitcoin is the most widely-bet digital currency despite a 60% price decrease in 2022, making up an astounding 72.7% of all crypto bets. Ethereum, on the other hand, has seen a 3.7% growth in popularity since 2021, and now accounts for 13.6 percent of all crypto bets. 5.5% of all wagers are placed on Litecoin, which is not far behind.

A total of 20.2 billion Euros was wagered on cryptocurrencies, a reduction of 14.6% compared to 2021. Nevertheless, the decline in crypto bets has been countered by the increase in fiat bets, which accounted for 76% of the total player bets by the end of 2022. This indicates that the growth of fiat bets has more than compensated for the decline in crypto bets.

High Expectations for the Future

SOFTSWISS is confident in the long-term viability of cryptocurrency in the iGaming industry despite the aforementioned swings and hurdles in 2022. Vitali Matsukevich, Chief Operational Officer of SOFTSWISS, claims that crypto’s fast transactions, privacy, and decentralization continue to make it a popular choice among gamers. He is optimistic that the trend toward using cryptocurrency by gamers will continue.

“Despite the fluctuations, crypto has already gained a strong foothold and has become an integral part of the market. For this reason, SOFTSWISS continues to strengthen its partners’ projects, whether fiat or crypto, with new innovative tools and solutions, providing operators with security, reliability, and top-level service.”

Vitali Matsukevich, Chief Operational Officer of SOFTSWISS

The sector as a whole is expanding and diversifying, and stakeholders increasingly gravitating towards digital services and products with crypto leading the pack.

Crypto Gaming in 2023: What to Expect

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As we go closer and closer to the year 2023, one of the most popular topics of conversation is play-to-earn (P2E) cryptocurrency gaming. This kind of gaming combines the most successful aspects of the cryptocurrency and gaming industries.

More people resorted to internet games as a way to socialize during the COVID-19 pandemic, boosting the development of the gaming industry as a whole. As we enter a new year, it’s becoming apparent that the recent uptick in global growth was no fluke.

A Novel Way to Game

The implementation of blockchain technology in play-to-earn games enables players to earn digital currency payouts depending on their in-game activities. Within the context of the P2E paradigm, players have the option of using cryptocurrencies to get payment for the time they spend participating in gaming activities or delivering other services to other users within the same virtual environment.

What differentiates crypto gaming apart from typical video games is that players, in addition to receiving NFTs, may own their in-game assets and convert them to fiat currency, trade them for other cryptocurrencies, or join a liquidity pool.

Thanks to this novel, community-driven business model, players, and creators may work together and more freely on game content.

A Stronger 2023

Although blockchain gaming and play-to-earn (P2E) enjoyed a surge in popularity during the crypto bull market of 2021, the industry was then struck hard by the arrival of crypto winter, which has been worsened by a couple of high-profile crashes, destroying the valuations of the top P2E firms.

Many speculated, because of the decline in values, that the P2E and gaming industries were only profiting from bull market circumstances, and that the long-term future is grim because of weak adoption rates.

However, there is evidence from recent studies that the predicted demise of P2E may be exaggerated since the vast majority of players are interested in exploring ways to earn cryptocurrency via in-game achievements.

Given that 64% of respondents claimed they had never played a P2E game with monetary benefits, the study findings suggest there is a lot of space for expansion in the P2E industry among existing players. Furthermore, 38% of U.S. gamers indicated they knew nothing about the use of cryptocurrencies, NFTs, or blockchain technology in gaming, suggesting that more education is needed in this area. That is more than enough to induce some growth in the coming year.

Dogecoin Use in Online Gambling on the Rise

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It is undeniable that memes are to blame for Dogecoin’s rise to fame as one of the most popular cryptocurrencies. The cryptocurrency is more often referred to as DOGE. The instantly identifiable outline of a Shiba Inu dog, which acts as the insignia for the business, has swiftly grown to become a well-known brand in a very short length of time.

There is no sign of Dogecoin’s popularity waning anytime soon, and new sites that take DOGE are popping up every day. Today, it’s no surprise that Dogecoin casinos are favored by gamblers, given the ease with which they can make deposits and withdrawals and the minuscule costs associated with doing so.

As it stands, Dogecoin is accepted by reputable companies.

A Change of Pace

For a long time, the widespread use of DOGE coins as a payment method has not materialized as many would have anticipated since many DOGE aficionados would rather HODL. However, Dogecoin’s popularity is soaring in one sector because of its speed and low costs: the gaming business.

Traditional casino games such as blackjack and roulette may now be played using cryptocurrency as the medium of exchange. While Bitcoin is the most popular option right now, Dogecoin is quickly gaining popularity.

When compared to Bitcoin, Dogecoin transactions complete far more quickly. Furthermore, due to DOGE’s widespread acceptance across the world, it may be used to make deposits at a large number of online casinos. Additionally, Dogecoin has a sizable following on social media, which numbers in the millions, and its supporters can be found in every region of the globe.

In the midst of the recent cryptocurrency downturn, Dogecoin has seen a surge in interest while other meme coins have mostly stagnated. To expand its user base and appeal to new investors, Dogecoin is also actively pushing its usage in daily transactions.

Is It a Good Investment for Online Gamblers?

The widespread use of cryptocurrencies and the excitement around them are not merely about financial benefits. Doge is an excellent and shrewd investment opportunity due to its unique position in the cryptocurrency market and its current cheap price. As a result, it has room to grow in value.

Despite this, Dogecoin, like the prices of all other cryptocurrencies, is subject to significant price swings. With the help of its dedicated investor base, this cryptocurrency has been able to outlive almost all of its forerunners in the altcoin market. To a greater extent than many other digital currencies, this has allowed it to maintain a high degree of stability.

Polygon Now on 1xBit

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Players and users of the popular gaming site 1xBit now have access to Polygon, a new cryptocurrency designed specifically for usage in crypto games. Polygon, a novel digital currency, is the brainchild of Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. Together, the four of them saw the need to fix Ethereum’s lack of interoperability. Ethereum’s seamless interaction with other blockchains was a pipe dream until Polygon made it a reality.

Of course, it’s about a lot more than that. With Polygon’s simple-to-use architecture, developers now have a chance to introduce their own groundbreaking Ethereum-friendly blockchain. Now the development of an “Ethereum Blockchain Internet” has become feasible with the help of the Polygon network.

This ground-breaking network is completely compatible with Ethereum’s Virtual Machine (EVM). Chains that are connected keep their independence and control themselves. All of these systems are compatible with Ethereum and can communicate with one another.

Solid Debut

The cryptocurrency community as a whole has warmed to this new development due to its unique character. It thus comes as no shock that 1xBit has included Polygon as a bitcoin payment option. Since its inception, 1xBit has been a bitcoin betting platform that keeps an eye on the latest and greatest cryptocurrency developments to provide more betting alternatives to its customers. There is a really bright future for the project within the context of crypto gambling going forward.

The Polygon network stands out among Ethereum’s decentralized exchanges because of its emphasis on both interchain cooperation and decentralized security. This ensures that no blockchain is compromised in its pursuit of interoperability.

Some of the amazing features that users can look forward to include:

  • Support for dozens of other digital currencies
  • Even faster payments
  • Amazing welcome bonuses and other incentives
  • Fast and user-friendly registration
  • Unmatched anonymity capabilities

When using 1xBit, polygon transactions are quick and inexpensive. Players should expect to get their winnings as soon as possible. All new players are also eligible for a 7 BTC Welcome Bonus, spread out across their first four deposits. That is a really well-rounded package that will push 1xBit’s efforts even further.