Connect with us
European Gaming Congress 2024
mario-mosbock-partners-with-coinpoker-to-build-the-best-online-poker-site,-showcasing-por-on-the-blockchain mario-mosbock-partners-with-coinpoker-to-build-the-best-online-poker-site,-showcasing-por-on-the-blockchain

Latest News

Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain

Published

on

Reading Time: 4 minutes

 

Online poker site CoinPoker has released a proof of reserves (PoR) report showing that user deposits are covered 1:1 in cold wallets, visible on the blockchain, alongside additional reserves in hot wallets to process instant withdrawals.

Praising the move by the crypto-based poker site to increase transparency, former Austrian footballer and poker professional Mario Mosböck has partnered with the site as a new official ambassador, alongside British pro Patrick Leonard.

In an X post, Mario Mosböck stated the pair’s ‘mission is to guide the new leadership group to build the world’s best online poker site.’

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Users can read CoinPoker’s proof of reserves report here.

Building A Top Online Poker Site With Cryptocurrency

Founded in 2017, CoinPoker is a relatively new crypto poker room and casino, but increasingly ranked among the top online poker sites by the likes of Card Player Magazine, PokerScout and Techopedia.

Unlike conventional internet poker sites that use fiat currency, on CoinPoker players bet with Tether (USDT) and the site is able to take advantage of the blockchain to show user funds are safe and segregated. 

Online poker was rocked by the Full Tilt Poker scandal in 2011, in which user funds were co-mingled with operating funds, and the company went insolvent in the industry’s ‘Black Friday’.

Many top poker sites increasingly accept cryptocurrencies as a deposit method, but CoinPoker is among a small and growing contingent to go ‘all in’ and embrace it for all actions at the poker table. Players can deposit USDT, Bitcoin, Ethereum, Solana, Polygon, Binance Coin or its own native token CHP which unlocks 33% rakeback for holders.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

For added security, CoinPoker also makes use of Fireblocks vaults and a decentralized RNG (random number generator) software that players can verify the randomness of after every hand, utilizing Ethereum’s Keccak-256 algorithm.  

CoinPoker Sign Mario Mosböck, Patrick ‘Pads’ Leonard

28 year old Mario Mosböck, who played as a forward for Austrian Football club Wiener Neustädter SC, recently made a name for himself on the live and online poker scene.

He now has over $11.7 million in recorded live tournament earnings, including a first place finish at the Triton Super High Roller Series in Jeju for $1.1 million, and a runner-up finish at the 2023 WPT Big One for One Drop for $4.6 million.

Source – triton-series.com

Mario players under the screenname ‘livinmydream’ on CoinPoker, often seen in high stakes battles in $25/$50 PLO cash games and higher.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Patrick Leonard is a former PartyPoker ambassador and currently ranked 38th on the England all time money list by the Hendon Mob poker database. His total live earnings exceed $3.1 million – including a WSOP bracelet win – and his online earnings of over $19.2 million have seen the 35 year old often rated among the best online MTT players in the world.

https://x.com/padspoker/status/1821575144504172892

Also a highly regarded poker coach, Patrick mentors mid stakes players to improve their games, with some of the grinders under his wing going on to win EPT, WCOOP and SCOOP events.

He describes his goal at CoinPoker to help ‘create the safest and best online poker room in the world’ and worked alongside the site to produce its proof of reserves report.

Proof of Reserves on the Blockchain

On its PoR report, CoinPoker writes:

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

‘CoinPoker prioritizes customer security and peace of mind. Our operations are safeguarded by a Curaçao eGaming License, ensuring compliance with strict regulatory standards. We demonstrate our financial integrity through Proof of Reserves, holding sufficient funds to cover all user assets. Proof of Reserves refers to the assets we hold in custody for users when they deposit funds into their accounts. 

Here we provide proof that CoinPoker has funds held in reserve to cover all of our users’ assets 1:1, as well as some additional reserves. It’s important to note that this sum of funds refers only to users’ funds. CoinPoker’s corporate holdings, which are stored in wallets completely separately, are not factored into the proof of reserves calculations.’

At this time, CoinPoker customer deposits total approximately $16 million, and the total assets held in reserve to cover those is just under $16.75 million, equal to 105% of deposits.

The exact amount of player deposits is updated dynamically every few minutes on the coinpoker.com website.

Links are provided to view those funds on the blockchain via etherscan.io, blockchain.com, bscscan.com, and other crypto tracking sites depending on the token.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The majority of funds are held in cold storage for security, with some in hot wallets to process instant withdrawals – players can deposit and withdraw funds within minutes via a MetaMask wallet or a crypto exchange account.

To celebrate releasing the report, CoinPoker also announced an exclusive promotion for players to gain free entry into the upcoming $40k GTD Sunday Special tournament, on the company’s Instagram and other socials.

About CoinPoker

Licensed in Curaçao, CoinPoker is available for free download on Windows and Android devices, hosting No Limit Hold’em, Pot Limit Omaha and other game types across real money cash game and tournament formats. 

New players earn a 150% up to 2000 USDT matching bonus on their first deposit, and holders of the site’s native cryptocurrency CHP earn 33% rakeback on their play.

Links

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

This article is provided for informational purposes only and is not intended to be construed as legal, financial, or tax advice. Readers should not rely solely on the information presented herein and should consult with their own legal, financial, or tax professionals regarding their specific situations. The author(s) and publisher make no representations or warranties concerning the accuracy or completeness of the information contained in this article. Reliance on any information provided in this article is solely at your own risk.

The post Mario Mosböck Partners With CoinPoker to Build the Best Online Poker Site, Showcasing PoR on the Blockchain appeared first on European Gaming Industry News.

Latest News

SOFTSWISS Launches Bug Bounty Program to “Hack the System”

Published

on

softswiss-launches-bug-bounty-program-to-“hack-the-system”
Reading Time: 2 minutes

 

SOFTSWISS, a leading software supplier in the iGaming industry, has announced the launch of its private Bug Bounty Program to boost cybersecurity. The program invites white hat hackers and independent security researchers to identify vulnerabilities, offering rewards for their findings and ensuring the highest level of security for SOFTSWISS clients.

To ensure that only significant cases that meet specific requirements are reported, SOFTSWISS launched a private program with invitation-only access. Invitation-only programs encourage white hat hackers to pay close attention to their terms and requirements, resulting in higher-quality reports. While public programs can offer broader perspectives but tend to generate more irrelevant reports, the private launch ensures that the focus remains on critical security issues. 

The Bug Bounty Program offers financial incentives of up to 3,500 euro, depending on the severity and complexity of the discovered vulnerabilities. This program serves as an additional layer of defence, providing external, unbiased assessments from highly skilled security experts. 

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

“We care about the security of our clients and their players, which is why it is important for us not only to pay close attention to protecting the products we develop but also to constantly recheck our applications with the help of skilled external experts and enthusiasts. In collaboration with the expert community, we can ensure a reliable level of data protection and uninterrupted operations for all our clients,” said Evgeny Zaretskov, Group Chief Information Security Officer at SOFTSWISS. “SOFTSWISS is proud to set a new standard for cybersecurity by leveraging crowdsourced expertise. In this ever-evolving landscape, even a minor bug can lead to significant losses for operators. The Bug Bounty Program is an extra measure to protect our existing and future clients.”

The program has started with two products: the SOFTSWISS Casino Platform and the SOFTSWISS Sportsbook. It is conducted in a dedicated test environment, which operates independently of live casino systems, ensuring no disruption to player experience or platform performance.

“Cybersecurity is an ongoing battle,” adds Artyom Buchkov, Deputy CSO. “No company can discover all vulnerabilities on its own. This program enables talented hackers to legally hack an online casino, helping us anticipate and defend against potential threats. It strengthens our commitment to providing the most secure software and platforms in the iGaming industry.”

Moving forward, the SOFTSWISS cybersecurity team plans to broaden the frames, adding more products and refining requirements to maintain the highest standards of security across all platforms.

Cybersecurity in iGaming, along with other key topics in the industry, can be discussed with our specialists and product teams at the SBC Summit Lisbon at stand B-160 from 24 to 26 September.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

 

About SOFTSWISS

SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 23,500 casino games, the Affilka affiliate Platform, the Sportsbook Software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.

The post SOFTSWISS Launches Bug Bounty Program to “Hack the System” appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Latest News

Peter & Sons’ Unleashes ‘Evil Devil’ Slot

Published

on

peter-&-sons’-unleashes-‘evil-devil’-slot
Reading Time: 2 minutes

 

Cutting-edge game studio Peter & Sons is about to unleash hell. The Barcelona-based outfit’s diabolical new slot, Evil Devil, will be released globally on 19th September, and it comes packed with wickedly innovative mechanics, such as sticky respins, power splits, increasing multipliers, and a thrilling Free Spins Game with a possible buy option.

This 6×7 high-volatility video slot with up to 117,649 ways to win immerses players in a cartoonish hellscape presided over by the fiery lord Satan Sama. With a devilish surf guitar soundtrack and chaotic but gripping gameplay, there’s nothing else quite like it on the market.

Winning combinations in the base game trigger the sticky respin feature, causing winning symbols to stick in place while the non-winning symbols respin. Wild symbols can appear on reels 2 to 6, increasing the chances of forming winning combinations.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

But all hell breaks loose when 4 to 6 scatter symbols land on the reels, awarding 15 to 20 Free Spins. Here, winning symbols stick to their positions, triggering a respin of the non-winning symbols.

Collecting three or more skull symbols during Free Spins triggers a random multiplier. Meanwhile, power splits can randomly occur during the first respin, converting winning symbols into wilds, enhancing the chances for some big payouts.

Can’t wait to hit the bonus feature? The good news is you can buy straight into the Free Spins game for 100x the bet, instantly accessing 15 to 20 random free spins and the game’s most thrilling features.

Yann Bautista, Commercial Director and Founder at Peter & Sons said: “We’re always looking to push boundaries in everything we do, and we like to let our artists’ imaginations run wild. Too often with online slots you see the same tired themes and clichés. We think Evil Devil is an avant garde masterpiece – but it’s underpinned by solid mechanics and brilliant features.”

The post Peter & Sons’ Unleashes ‘Evil Devil’ Slot appeared first on European Gaming Industry News.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Latest News

Aston Villa launches Champions League campaign with Betano by its side

Published

on

aston-villa-launches-champions-league-campaign-with-betano-by-its-side
Reading Time: 2 minutes

 

The Villans and their principal partner celebrated the club’s return to topflight European football, in an event bringing togethers legends of the past and stars of today

Aston Villa FC has embarked on its first ever Champions League journey with a 3-0 victory over BSC Young Boys in Bern’s Stadion Wankdorf this past Tuesday. A few days earlier Aston Villa and their principal and front of shirt partner Betano, Kaizen Gaming’s premium online sports betting and gaming brand, celebrated the Villans’ historic first ever Champions League campaign with a special event hosted  at Aston Villa’s Bodymoor Heath training ground.

The event brought together legendary members of the 1982 European Cup winners, Nigel Spink and Kenny Swain, former player and Aston Villa ambassador, Ahmed Elmohamady and current stars, captain John McGinn, Ezri Konsa, Pau Torres and of course coach Unai Emery. Attendees had the opportunity to meet and hear directly from their favorite stars, while also participating in different activities, including an exclusive tour of Aston Villa’s training facilities and a behind the scenes look of the team’s training session. The club’s third kit was also unveiled for the first time ever during the event. The kit proved to be a lucky one as it was worn in a game for the first time in the Champions League match in Switzerland. For this match Betano donated its front-of-shirt space to Aston Villa, which in turn offered it to Acorns Children’s Hospice.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Julio Iglesias Hernando, Chief Commercial Officer at Kaizen Gaming, commented: “We are very honoured as Aston Villa’s official main shirt sponsor to stand alongside them in this next exciting chapter of their illustrious 150-year history. This is truly an exciting time to be a fan of Aston Villa, as we all share the club’s passion and determination to improve every day, to compete with the very best and to claim their place among the elite.”

Chris Heck, President of Business Operations at Aston Villa, added: “We are proud to have Betano join us as we embark on a new era for Aston Villa. They are a global brand engaging with millions of football fans across Europe and Latin America which matches our vision to globalise our club. Their passion for football and commitment to responsible gaming and giving back to society aligns perfectly with our own club values. The return to the top of European club football is an exciting moment for our fans, partners, and everyone involved at the club. ”  

The post Aston Villa launches Champions League campaign with Betano by its side appeared first on European Gaming Industry News.

Continue Reading

Trending