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Alive Casino launches new platform combining virtual reality and blockchain

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Alive Entertainment Company, a Cost Rica-based gaming developer, have launched a new casino platform that combines virtual reality and blockchain technologies.  What is special on the platform is that users have an opportunity to play games on a land-based casino and experience the full features of virtual reality and a 360-degree view of games. The company has also started exclusive private sale its token. It plans to sell 15 per cent of its AL tokens to raise the funds for development of the platform. The AL tokens have their value set at $0.015 per unit, which can be purchased against payment in ETH.

While Alive Casino has not set a minimum limit for token purchase, there is a maximum cap of 75 ETH in place for each buyer. In addition, the token sale participants contributing 1 ETH or more also stand to receive a 15 per cent bonus along with a chance to win HTC VIVE VR headset.

The Project

The Alive Casino project is based on the principles of “keeping things alive.” It intends to create a living, thriving and secure gaming alternative for gambling enthusiasts. Having set a clear vision, the platform, empowered by a highly capable team is working on implementing them in a step-by-step process. Divided into short-term and long-term vision, Alive will be focusing on the following

In the short-term:

Creating strategic partnerships that can help implement a global gaming environment, complete with games, analytics, customer support, etc.

Community building by onboarding like-minded gamers, crypto-experts and enthusiasts.

Constant research and development to introduce new features and further improve existing offerings.

Creating its own VR game titles

Token

The AL token is based on ERC20 standards, and it acts as a utility token fuelling the platform’s economy as well as the blockchain functions. As more people join Alive Casino, the use of AL is set to rise, creating demand and increased liquidity. As an incentive to those contributing towards its mission, Alive Casino will have a profit distribution process in place, where 40 per cent of the profits will be shared with token holders. To receive pay-outs, token holders must store ALs in Alive Hold Wallet.

The platform will maintain the demand for AL in the market by burning 5 per cent of the token revenues every three months.

Those interested in possession of AL tokens can do so by participating the in the ongoing token sale process. In order to ensure global participation, the platform has made the whole process easier. Participants can directly send ETH from their wallets to the smart contract. The sale is also open for US residents, and the address used to send ETH will be considered for the selection of HTC VIVE VR headset winners during the private sale, which will be decided based on a random draw once 75 ETH is raised during the exclusive private sale.

Transferring funds to the platform has been made possible through Alive multi wallet system. The wallets will be personal, as per user’s preferences and more secure since everything will be done on the blockchain. The multi wallet system will also come in handy in helping users store both fiat and multiple cryptocurrencies. It will also protect the users from any untoward circumstances which might affect the platform itself as they will have their balances saved within their own wallet and not on the platform.

 

Source: NewsBTC


Source: European Gaming Media

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Bulgaria blacklists more online betting domains

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The Bulgarian State Gambling Commission (SCG) has added two more online gambling websites to its blacklist of banned domains. The authorities found the two websites were operating without a gambling license.

The blocked websites according to the decision №55 of 18 January 2019 are df-bet.org and 1xdzug.host.

During the meeting, the Bulgarian State Gambling Commission has also made several decisions regarding local gambling business operators and companies. The relevant documents can be found of the official SCG section of Bulgarian Ministry of Finance website.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Bulgaria blacklists more online betting domains

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Analyzing How To Uberize The iGaming Industry With A Glocal Approach

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Analyzing How To Uberize The iGaming Industry With A Glocal ApproachReading Time: 2 minutes

 

BtoBet unfolds its latest Industry Report prior to flying to ICE London

With the first years of the iGaming industry defined by the use of inflexible in-house technological solutions, nowadays there is general consensus that the use of technology developed by tech visionaries is the only way forward to guarantee constant innovation and an optimal player experience.

In its latest Industry Report, “Uberizing iGaming with a glocal approach”, BtoBet analyses the industry’s past rigid approach to technology, and its own current endeavour to uberize the market through a harmonization process of cutting edge technology, which easily morphs itself to the different business and market scenarios, constantly adapting itself on a local level.

In his dedicated editorial, BtoBet’s CEO Alessandro Fried states that it is of the utmost importance for operators to have at their disposal advanced technological solutions which they must couple with the right knowledge and expertise from a local perspective in order to meet all their pre-set goals. “It is a must to keep in mind that one size does not fit all. Technology that excels itself in a mature market will not work in a more technologically limited context and thus will have to adapt itself. The eventuality of making it big in one local market does not necessarily mean that adopting the same approach will eventually pan out as expected in another, even if neighbouring, country. Obviously this applies also vice versa. But for this to work out without any hiccups you must also have the correct know-how of all the the various aspects that constitute the context where licensees will be operating.”

The Report also focuses on the unique elements that constitute the White Label Partnership (WLP) Program, the industry’s first real uberization model, where technology and operational services are streamlined in a holistic way for White Label Operators to easily access the online channel, even without their having the prior expertise in this particular field. Particular reference is made to the Latin American region, with the WLP Program expanding in the region via the certified partnership with Wildar Gaming who will start delivering BtoBet’s advanced technologies and operational services in the region to other White Label Operators.

Download BtoBet’s latest industry report and schedule a meeting to meet our team of experts who will be present at ICE London at S1-320 to analyse and understand which approach best fits your operational requirements.

 

About BtoBet:
BtoBet is a multinational company and is part of a group with 20 years of experience in software development in IT, telecommunication, e-commerce and banking, strongly committed to technology and widely investing in technology research and development. The experience gained at the forefront in these advanced environments, compared with the more recent gambling industry, allows BtoBet to be visionary with a deep understanding of the requirements of the market, catching changing trends and anticipating bookmakers’ and operators’ needs. BtoBet is a true partner in technology, offering a standalone platform and services for the iGaming and Sports Betting industry. It counts on a very talented, continuously trained development team and day to day management support to clients. BtoBet allows licensees to be unique in the market, by giving them the opportunity to completely personalise their offers for Sports betting and iGaming business, online mobile and retail. BtoBet has technical branches with large ever-growing teams of developers in Skopje, Ohrid, Bitola, Belgrade, Nish, Tirana, and Rome. Malta hosts the commercial and marketing centre. Visit our site on: www.btobet.com


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Analyzing How To Uberize The iGaming Industry With A Glocal Approach

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New Jersey to put a cap of $5 million on sports bet

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New Jersey gaming regulators are bringing in a new set of betting regulations, which would put a ceiling of $5 million for betting.

As per the new regulations, sportsbooks cannot accept bets over $5 mm. There’s no indication that any New Jersey sportsbook has taken a bet anywhere close to that figure, but the New Jersey Division of Gaming Enforcement seems interested in being cautious. However, it is definitely not impossible that a sportsbook has already taken a multimillion-dollar bet. Collectively, the state’s books have already taken more than $1.25 billion worth of bets.

“No wager in excess of $5 million can be accepted for any reason,” read a line in the 106-page document of proposed regulatory changes. It is known that the median wager on DraftKings Sportsbook in New Jersey is less than $10, so the limit is relatively astronomical and probably will have no impact on anyone’s bottom line.

 


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New Jersey to put a cap of million on sports bet

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