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iGaming Industry

Player pockets over $1M worth of BTC in Cloudbet win

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Player pockets over $1M worth of BTC in Cloudbet win

A Cloudbet player has set a new record for the most BTC won in a live Bitcoin casino game.

 

In October, a player took home 160 BTC from a single session of live dealer baccarat on the Cloudbet platform. This, according to the company, is “the biggest single win we’ve ever seen.

Cloudbet specialize in high limits across our bitcoin casino and sportsbook. In March, we saw a player win 216 BTC which at the time was equivalent to €214,000 (US$214,000), but with BTC now trading at €5307.68 (US$6,187) (Coindesk BTC price) this 160 BTC won in our Live Casino is a new record, valued at well over €750,000 (US$874,252.50),” a Cloudbet representative.

BTC’s trading price has gone up to $6,900 level on Thursday, according to data from Bitcoin.com. This means that the 160 BTC won on Cloudbet is worth more than US$1.1 million.

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This is the biggest single win we’ve ever seen in over four years of operation. We’d love to see someone try and break this momentous record,” said Leandro Rossi, head of casino at Cloudbet.

Operating since 2013, Cloudbet was one of the first BTC-only sports betting and casino platform in the market. The platform has a wide range of casino games including slots, roulette, Blackjack, baccarat, as well as live dealer tables available on all devices. For new players, Cloudbet offers a 100% welcome bonus of up to 5 BTC (or approximately US$34,500 in today’s trading prices).

Currently, Cloudbet continues to focus on being a BTC-only betting platform, although the company is not closing its doors on other cryptocurrencies.

In 2013, we recognized that bitcoin technology offers simplicity to online betting. By offering a BTC-only betting platform, we were able to remove the common obstacles that fiat currency operators face. Enabling instant transactions, low fees, access to global players, as well as enhanced player security. Moving forward, our focus will remain with BTC, but we are always open to adopting other cryptocurrencies to continue to provide these benefits to Cloudbet players,” the Cloudbet representative said.…

The post Player pockets over $1M worth of BTC in Cloudbet win appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.

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Source: EEGaming.

BetConstruct

BetConstruct to Showcase Latest Innovations at G2E Las Vegas 2024

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BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.

As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.

Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.

BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.

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Amusnet

Amusnet Sets the Stage for Global Gaming Excellence at G2E Las Vegas

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Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.

“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.

Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.

Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.

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Canada

SoftGamings Doubles Down on Global Expansion by Introducing Tobique Gaming Licence

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SoftGamings, the market leader in iGaming solutions and services, announced the arrival of the Tobique Gaming License on the market. The move reflects the company’s commitment to enhancing regulatory compliance and expanding its footprint in the competitive iGaming industry.

Tobique Gaming, managed by the Tobique First Nation in western New Brunswick, Canada, oversees the issuance of online gambling licenses through the Tobique Gaming Commission (TGC) — a regulatory body established under the Tobique Gaming Act of 2023. This initiative is known for its stringent standards and emphasis on responsible gaming. Furthermore, it promotes economic development within the Tobique First Nation community.

The Tobique Gaming license provides operators an entry point into the online gaming and gambling industries. With it, businesses and iGaming operators can conduct operations in various global regions and offer multiple services, from betting to casino games and lottery promotions. The best of all is the streamlined application process, which lasts only 4 to 6 weeks.

SoftGamings is fully prepared to support clients and those interested in obtaining this license. Leveraging its innovative technology and diverse game portfolio, SoftGamings is ready to support clients in navigating the application process and leveraging the benefits of the Tobique Gaming License. The company’s comprehensive services include game development, casino management systems, and payment integrations, making SoftGamings a preferred partner for numerous operators and developers worldwide.

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Consequently, helping the clients obtain the Tobique Gaming license and being an entry point represents a significant milestone in SoftGamings’ ongoing efforts to refine its service offerings, maintain the highest standards of gaming integrity, and bolster its regulatory standing. As the company moves forward with this licensing process, it anticipates a positive impact on its operations and continued success in delivering exceptional gaming solutions to its global clientele.

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