News

Today’s news about bitcoin casino: SOFT SWISS (iGaming software developer) shared the results of the outgoing year. SOFT SWISS (iGaming software developer) shared the results of the outgoing year. Compared to last year, all financial results more than doubled. The average monthly GGR was 200 million euros, compared to 88 million in 2020. One of the main reasons for this growth was the company’s entry into several new markets at once, among which were Japan, Brazil, Argentina, India, and Tunisia.

Kambi signs long-term agreement with Affinity Interactive

Kambi has signed a long-term partnership agreement with operator Affinity Interactive. This will give Affinity access to Kambi technologies such as odds calculation and customer data collection. Another result of the collaboration will be a new online betting shop in Iowa, which will be available in other states in the future.

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For a beginner in any game, the first difficulty is the specific terms that he/she will encounter as the game progresses. Knowing such terms will simplify the game process and accelerate the growth of gaming skills. The alphabetical list below includes bitcoin slot game terms and their alternative slang versions.

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The debate about is bitcoin poker a sport or a gambling game, has been going on since these classifications were invented. So far, the bottom line is that poker players are sure they are sportsmen, while officials in different parts of the world are convinced that they are not. The online poker boom has made things more difficult, and the advent of bitcoin poker has made things even more difficult.

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Bitcoin browser games are a subtype of online entertainment for personal devices. Their difference lies in the form of access. It’s literally a browser game and it’s can be launched after performing a series of simple actions. Ease of access is the main key to browser games’ popularity.

The absence of the necessity of installation enables users to play on devices with different productivity. You just need to have access to the site. Some browser bitcoin games don’t even require registration, and information about the progress of the passage is recorded in the browser history or on the server (linking to the IP address).

Bitcoin browser games are also one of the ways to earn cryptocurrency. Their monetization principle is similar to bitcoin faucets, but instead of solving a captcha or other uninteresting actions, here participants receive rewards for achievements in the game. If we talk about the varieties of such games, then they are as follows:

• RPG browser games;
• Puzzle browser games;
• Trading browser games;
• Gambling browser games.

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Today, Bitcoin has become one of the most famous decentralized monetary coins in the iGaming business. And as usual, speculation and popularity walk hand-in-hand. The question about the lawfulness of digital currency betting controls is not the exception. Administrators who run their online Bitcoin gambling sites, or some other digital web entertainments, are regularly confounded the audience by dubious reviews and equivocal choices of experts about cryptocurrency and its legality. The situation in the United States is even more complicated because, in addition to federal law, each state has the right to determine its own policy in relation to any type of gambling.

The USA, as a single country, was formed relatively late, and therefore many global decisions were made correctly at once, based on the experience of the countries of the old world. However, this didn’t prevent from encountering other problems. Remember how the alcohol Prohibition ended, gambling is about the same situation. Historically, In the United States, any type of gambling was confined all over in this country, besides in Atlantic City and Las Vegas. Basically, these territories were “created” for gambling. But such tight restrictions contributed to the development of boardwalk casinos. With the advent of online gambling, underground dealers have gotten significantly more opportunities, but after the appearance of Bitcoin, the situation decisively spiraled out of control.

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In today’s news about bitcoin casinos and not only: The Netherlands first restricts the domestic gambling market, and then limits the gambling market in Curacao; Several large gambling companies have reported for the past financial year.

New restrictions for the Netherlands gambling Market

Advertising in the Netherlands has doubled since the legalization of the online marketplace, according to a study by Nielsen. According to the study, in October and November 2020, there were 170,066 unique commercials in the country, while in the same period in 2021 there were 366,631 of them. As a result, the Netherlands decided to further restrict gambling advertising and the receipt of bonuses when playing online. Now video advertising for casinos on the Internet will be banned exactly according to the same rules as on television – from 6:00 to 21:00. If a TV channel has more than 25% of its audience of minors, then gambling advertising will be banned altogether. As for the bonuses, they will be prohibited for players between 18 and 24 years old and cannot exceed 250 euros.

Restrictions from the Netherlands for Curacao

Dutch Legal Defense Minister Sander Decker said an action plan is to be adopted this month to stop illegal gambling on the island of Curacao, which is part of the Tulip Land. According to the minister, about 12,000 illegal gambling sites have been created on the island, with 40% of the world’s unregulated gambling activity passing through Curacao. After negotiations between the two countries, it was decided that an independent regulatory body would be established on the island with the authority to grant and revoke gambling licenses, which should ensure compliance with laws and eliminate illegal business.

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Have you ever wondered, why there are so many different online casinos appearing in the few last years? After all, the creation of a full-fledged gambling establishment requires a lot of money and time. It’s necessary to contact online game developers, set the payments, create personal accounts for players, support services, and much, much more. So where does the investment for all these projects come from, what is the secret?

White label online casino software is a ready-made business the purchase and management model of which is very similar to the franchise. This is a budget product, which at the same time has good functionality and is completely ready to launch. And at the same time, the providers of such software are ready to offer options for a unique design according to your wishes, as well as help you to create your own brand under your management.

Traditionally, the white label casino solution package includes:

• Legal package of documents and gambling license;
• A platform for online casinos with extensive administration options;
• Game software (a package of licensed games for online casinos);
• Integrated payment software (a set of payment systems and services, crypto includes);
• Protected server;
• Professional technical support services.

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In today’s news about gambling and bitcoin casinos: At Curacao begin working new regulator; a £780,000 fine was issued; 888 Holdings for some reason abandoned bingo; Australia blocked a number of illegal online casinos; as well as other news. But perhaps the most unexpected news from Sweden, let’s start with them.

Sweden in opposition to bonuses for gamblers

The Swedish Gambling Authority fined Betway 100,000 SEK (the US $ 11,000) for violating the bonus rules. The investigation says that this summer, Betway contacted its customer base and offered additional incentives, which 53 people managed to take advantage of. This was the reason for the fine. According to Swedish gambling law from 2019, operators are allowed to provide a bonus only once, this happens as an incentive when registering.

888 Holdings divested from bingo

888 Holdings will sell its bingo business to Saphalata Holdings for $ 50 million. The deal should be fully completed in the second quarter of next year. Revenue from bingo company 888 Holdings in 2020 amounted to $ 65 million.
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The Australians have taken a firm grip on violators of the law on online gambling; Flutter Entertainment acquired Tombola, Enttain is also trying to buy Olympic Entertainment Group and create a truly larger gambling holding, while Gopher Investments announces its refusal to buy Playtech. In addition, in today’s summary of world casino news, you will learn about the statistics from Michigan.

Entain intends to make an offer to purchase Olympic Entertainment Group

Bloomberg reports that British giant Entain intends to take over Olympic Entertainment Group, an Estonian gambling holding that operates under the OlyBet and MaxBet brands in the Baltic countries, Slovakia, Italy, Romania, and Croatia. The deal is worth $ 1 billion.
Olympic Group was previously acquired by the late Novalpina Capital for $ 325 million. Now, judging by the likely size of Etain’s offer, Olympic’s value has tripled, which is explained by the company’s recent entry into the Romanian and Croatian markets.

JOI Gaming has received a license for online gambling in the Netherlands

JOI Gaming (owned by Dutch offline operator JVH Gaming & Entertainment Group) has received an online gambling license in the Netherlands.
The license came into effect on November 20. The casino will provide its services in the Netherlands through the Jacks.nl domain.
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Hooray! Greentube will appear in the US; Interpol continues arrests for fixing soccer matches at Euro 2020; Statistics confirm New Jersey is still the best state in the iGaming industry and Michigan isn’t far behind; Norwegians block foreign bitcoin casinos and betting sites, But Spain, on the contrary, actively supports them; Read about these and other bitcoin casino and online gambling news in our new digest:

Greentube will be in the USA

Greentube enters the US market through an association with Golden Nugget Online Gaming in New Jersey. As per Greentube, this is just the first of numerous resulting bargains, so the organization’s objectives incorporate designs for the continuous improvement of different states, like Michigan and Pennsylvania.

Interpol took up betting in Serosa

As a result of Interpol’s operation to combat illegal gambling during Euro 2020, about 1,400 people were arrested, and about $ 8 million in cash was also seized. According to Interpol, over a thousand raids were carried out, which covered 26 countries.

New Jersey the best

New Jersey is still the best state in the iGaming industry, and Nevada as a whole. According to the latest research, New Jersey could be the first US state to generate over $ 1 billion in net profit in 2021 in the iGaming industry.

At the same time, revenues from gambling in Nevada in August amounted to $ 1.17 billion. This is the sixth consecutive month that revenue is in ten figures. Most of the money came from slot machines ($ 825 million).
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