Asia
Vegasino Aims to Disrupt Online and Crypto Casino Experience
One stop destination for both high rollers and casual players, Vegasino is all set to revolutionise the online and crypto casino experience. With thousands of demonstrably fair games available to play, the multichain casino has been designed by the award-winning team behind Nevada Casino from the ground up to address existing online gambling limitations and issues. With a strong community backing, new and old investors alike can feel secure knowing that this loved, tried and tested project with its steel-like foundation has nowhere to go but up.
Launching soon on the Binance Smart Chain, the team behind Vegasino has reimagined the crypto gambling experience to streamline it and make it simpler and easier for people to play. The platform boasts multichain support and accepts a variety of cryptocurrencies for playing. Deposits and withdrawals are ultrafast, guided by the team’s single-minded focus to deliver the best crypto gambling experience online. The entire platform has been designed to maximise fun and accessibility for players.
Kajrak, Vegasino’s CTO, said, “We took what we learned from Nevada and put it together with our users’ feedback to create something that will be truly a game changer in the space.”
$VEGAS is the native token of the platform and is currently in the presale phase. The token is designed to bring value to the platform and give governance powers to its community. In addition to it being the native asset of a desirable crypto casino project, $VEGAS also benefits from the team’s commitment to reserve 20% of the platform’s profits for buyback and burn. This ensures a constantly rising floor for $VEGAS. Holders will also be able to stake their $VEGAS tokens for a generous 33% APY.
Vegasino will also allow other crypto projects to form partnerships and bring additional value to their communities. Vegasino also benefits with additional revenue streams, more users and greater visibility for the platform.
Starkess, Vegasino CFO, said, “Good marketing is essential for any project to succeed and our business model allows the casino to market itself. We are truly excited with all the partnerships we have in the works.”
Early investors will be familiar with how hard it normally is to get into presales for promising projects such as Vegasino. The team has come up with a unique solution to address this issue and make the process fair for everyone. Anyone interested in becoming an early investor will be able to secure for themselves one of the highly exclusive and rare Vegasino Alien NFTs. Each of these unique NFTs cost 0.25 BNB and gives its holder a whitelist spot, and in turn the ability to invest anywhere between 1 and 5 BNB (the native token of the BSC) into the presale. If that was not enough, the team has several utilities planned for these NFTs going forward. The first announced utility for Vegasino Alien NFTs is staking, giving a juicy 300% APR.
Vegasino’s casino platform is powered by Owl.games. The OWL team only works with prestigious gaming providers such as Evolution, Microgaming and Pragmatic Play and guarantees the fairness of the games provided. Accessible on both desktop and mobile, the casino boasts thousands of games including favourites such as Table Games, Poker and Slots to mention a few. The casino also offers sports betting.
To truly capture the atmosphere of live gambling in Vegas, Vegasino will regularly host various tournaments where players will be able to test their mettle against other players and prove their dominance.
The team recognises the importance of security and has committed to several security audits for its smart contract. The first audit will be with InterFi, to be completed before launch. A CertiK audit for the new contract will also follow later.
Vegasino will start a comprehensive post-launch marketing campaign and will be listed on both CoinMarketCap and CoinGecko. PD Cypher, the Marketing Manager, said, “We know what works in the space. Our marketing will be focused and results oriented.”
Onlyplay has entered into a strategic partnership with online casino and betting company Ritchie Rabbit within the Asia region.
Ritchie Rabbit is said to have “extensive expertise and deep understanding of the Asian market,” which helps Onlyplay as it seeks to expand its presence in the region.
Through this deal, Onlyplay will introduce a range of games and features designed specifically for the Asian gaming community.
Onlyplay offers a wide range of games such as instant win, slots and crash games, and will now provide games for players in Asia.
Christina Muratkina, CEO of Onlyplay, said: “It is a great pleasure for us to develop the Asian region alongside Ritchie Rabbit. We recognize the immense potential of the Asian market and are committed to delivering top-notch gaming content and experiences to players in the region. This partnership represents a significant step forward in our efforts to offer innovative and engaging games that resonate with our Asian audience.”
The post Onlyplay Enters into Strategic Partnership with Ritchie Rabbit appeared first on European Gaming Industry News.
Hub88 has partnered with live casino supplier LiveGames, further strengthening its product offering by adding a unique range of content to its platform.
LiveGames provides fully customisable online live dealer games and branded tables including the first vertical roulette table in the sector, along with crash games and the widely played Tombola.
The supplier delivers experiences with a player-focused design, easy to use mobile interface, and high-resolution broadcasts.
The partnership will support LiveGames’ goal to further expand in international markets, including Africa, Asia, and Latin America where Hub88 has a strong presence.
The deal showcases Hub88’s commitment to grow its ecosystem of partners, offering a diverse portfolio of products and content.
Ollie Castleman, Head of Hub88, said: “We’re thrilled to unveil this strategic partnership with LiveGames which sees us add a great provider to our platform, one that utilises modern technology to offer bespoke and personalised gaming experiences to players.
“We are looking forward to collaborating and strengthening our content library with their diverse games.”
The LiveGames Team said: “Our journey started in a small studio and as a team, we are excited about now expanding to every corner of the world together with Hub88 and their extensive operator network.
“We are committed to promoting innovation in the industry and this partnership will support us on that mission.”
The post Hub88 partners with LiveGames to enhance content offering appeared first on European Gaming Industry News.
Indonesian President Joko Widodo has chaired a limited meeting which discussed the efforts taken to eradicate online gambling in the country on Thursday 18 April, at Merdeka Palace in Jakarta. Minister for Communication and Information Technology Budi Arie Setiadi, in his press statement after the limited meeting, said that the Government will form a task force to counter online gambling.
“It has been decided that within a week, we will formulate measures to form an integrated task force in order to eradicate online gambling,” Budi said.
Minister for Communication and Information Technology mentioned that forming a cross-ministries/institutions task force is aimed to handle online gambling more thoroughly, collaboratively and efficiently.
“Gambling is an illegal act based on regulations. So, we need to impose measures effectively to settle it,” Budi stated, adding that his ministry will focus on handling online gambling websites and contents, while the law enforcement officers will enforce the law.
“Our authority is only to take down the websites, while the Financial Services Authority (OJK) blocks their financial accounts, and then followed by law enforcement officers, police officers, and the public prosecution service officers,” he remarked.
Similarly, OJK’s Chairperson of Commissioner Board Mahendra Siregar also highlighted the importance of holistic measures in eradicating online gambling in Indonesia.
“Some online gambling activities are not conducted in Indonesia, some are cross-borders, some do not use bank accounts, some needs to be tracked and traced through bank accounts, including transfers and so on. So, the next layers must also be addressed, and that way it leaves no empty rooms,” Mahendra explained.
Mahendra said that according to the institution’s authority, from the end of 2023 to March 2024, OJK has blocked around 5000 bank accounts that indicate its relation to online gambling.
“So far, we have cooperated closely with Communications and Information Technology Ministry. So, if we receive a list of bank accounts suspected to be used or are being used in online gambling activities, we immediately block them, and it has reached up to 5000 bank accounts,” Mahendra mentioned.
The post Indonesian Govt to Form Task Force to Tackle Online Gambling appeared first on European Gaming Industry News.
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