#FTX

Morning Star

MyPrize Emerges Out of Stealth With $140 Million Total Enterprise Value, the Most Valuable Online Social Casino Pre-Launch

MyPrize Emerges Out of Stealth With $140 Million Total Enterprise Value, the Most Valuable Online Social Casino Pre-Launch The New Online Crypto Casino is Disrupting the Industry with Its Proprietary Multiplayer Technology, Enabling Audiences to Play Together From Anywhere MyPrize, the first online crypto casino enabling novel multiplayer…

Industry ・ 28 days

refreshmiami.com

Online crypto casino MyPrize lands $13 million pre-launch

It's a jackpot kind of day today for Miami-based MyPrize, which is developing a novel type of multiplayer online casino powered by crypto. The company just came out of stealth to announce that it has raised two funding rounds totaling $13 million, led respectively by Dragonfly and Boxcars Ventures. Additional participants to these rounds include a…

Crypto ・ 29 days

cryptosaurus.tech

Crypto online casino site hacked for over $40 million

Cryptocurrency-related crimes and scams have been in the news a lot in recent months - from the collapse of FTX to cyberattacks linked to North Korea's Lazarus Group. An online gambling site that accepts crypto experienced a hack of its own this week, siphoning off millions of dollars in game funds. Crypto gambling site Stake.com lost $41 million…

Crypto ・ 08 September 2023

Card Player

Crypto Online Casino Site Hacked For More Than $40 Million

Crimes and scandals involving cryptocurrency have been in the news quite a bit in recent months - from the downfall of FTX to cyberattacks involving North Korea's Lazarus Group. One online gambling site that accepts crypto experienced a hack of its own this week that saw millions of dollars funneled out of play funds. Crypto gambling site Stake.com…

Crypto ・ 08 September 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

Analytics Insight

Bold Future Projections: Bitcoin, Ethereum, and Scorpion Casino Token Set To Shake Up The Crypto Market

The year 2022 proved to be a challenging period for cryptocurrencies, including the world's largest digital currency, Bitcoin. Throughout the entirety of that year, Bitcoin experienced a significant decline in its market value, losing approximately 65%. This downturn caught crypto enthusiasts off guard, as they faced a series of unfortunate events,…

Crypto ・ 24 August 2023

Analytics Insight

Future Outlook: Ethereum, Blockchain and Scorpion Casino Token Look Set to Transform Crypto Market

Last year was challenging for cryptocurrencies, including Bitcoin, the largest digital currency in the world. The market value of Bitcoin declined by approximately 65% during that year. Crypto enthusiasts were caught off guard by this downturn, largely due to an array of adverse circumstances, such as the Terra Luna crash, the fallout from FTX, and…

Crypto ・ 11 August 2023

Cryptopolitan

Bitcoin Price Predictions: Implications for Gamblers and Casinos

It took less than three years since Bitcoin hit the scene for the first online casinos powered by this cryptocurrency to get rolling. Bitcoin revolutionized online casino gambling by bringing faster transaction speeds, greater anonymity when gambling, and, most recently, provably fair gaming. However, not everything is sunshine and rainbows with…

Crypto ・ 27 July 2023

Gambling

New Jersey Revokes PlayUp Online Gambling Licenses

The New Jersey Division of Gambling Enforcement has revoked beleaguered PlayUp's New Jersey licenses. PlayUp was active in another state, Colorado, but despite asking Colorado regulators to put the site in maintenance mode, PlayUp was still up and running on Friday. In a statement to TopNJCasinos.com, a spokesperson for the NJDGE said the DGE…

Sports ・ 25 July 2023

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Crypto News

UK Strongly “Disagrees” Recommendation to Regulate Crypto as Gambling

The United Kingdom's economic and finance ministry - HM Treasury - has strongly denied proposals by the House of Commons' Treasury Committee to regulate cryptocurrencies like gambling. The UK Treasury Committee had called for unbacked cryptocurrencies to be regulated like gambling in May. A panel of lawmakers noted at the time that speculation in…

Law ・ 21 July 2023

Bitcoinist

Britain Rejects Proposal To Regulate Crypto As Gambling

The UK government has rejected a proposal by the House of Commons Treasury Committee to regulate crypto retail trading similarly to gambling. In a committee report released on May 17, British lawmakers recommended regulating the UK crypto market akin to gambling. The Treasury Committee asserted that crypto investment activity aligns with the…

Crypto ・ 21 July 2023

Reuters

Britain rejects call to regulate crypto as gambling

LONDON, July 20 (Reuters) - Treating cryptoassets as a form of gambling would put Britain at odds with global and European Union regulators and fail to mitigate risks from the sector, Britain's Financial Services Minister Andrew Griffith said on Thursday. Parliament's Treasury Select Committee said in a report in May that bitcoin, ether and other…

Crypto ・ 20 July 2023

Coindoo

Are Gambling Tokens Actually Used Within The Industry?

Since the introduction of the blockchain, Bitcoin and the innumerable other coins and tokens have significantly revolutionised how we store, spend, and move money. From banking to travel, real estate, and now even casinos, cryptocurrencies have made their mark in almost every facet and industry worldwide. The casino industry is not left out, as a…

Crypto ・ 10 July 2023

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Financial Post

Stake.com: gambling minnow that made it big on crypto

One morning last year, Australia's youngest billionaire Ed Craven woke up to the news that one of his celebrity partners, the rap star Drake, had won US$38 million in Bitcoin gambling on his cryptocurrency betting site Stake.com. Don't have an account? Create Account "That was a tough morning," recalled Craven. But on the whole, his business has…

Crypto ・ 30 March 2023

London Post

How the online gambling industry will surprise players in 2023

Coronavirus pandemic that suddenly struck our planet, gradually died down, and according to most experts in the field of gambling, this year the gaming industry expects significant growth in revenues. Moreover, experts predict that the highest profits are expected from the gambling market in the UK, as well as many European countries. Revenue…

Industry ・ 18 March 2023

European Gaming

Singapore Gambling Regulatory Authority to Crack Down on Use of Crypto Assets

Singapore's new gambling regulator, the Gambling Regulatory Authority (GRA), announced it has no plans to legalise the use of cryptocurrency within its land-based gaming industry as it continues to explore the use of crypto across video game and social gaming platforms. In what appears to be a continuation of Singapore's general opposition to the…

Crypto ・ 14 March 2023

Asgam

Singapore gambling regulator flags crackdown on cryptocurrencies in online gaming space, complete ban for land-based casinos

Singapore's new gambling regulator, the Gambling Regulatory Authority (GRA), says it has no plans to legalize the use of cryptocurrency within its land-based gaming industry as it continues to explore the use of crypto across video game and social gaming platforms. In what appears to be a continuation of Singapore's general opposition to the…

Crypto ・ 13 March 2023

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Startup Guys

Defying Crypto Winter: Transaction Volume Strong in Crypto Casinos

The cryptocurrency market has faced its fair share of challenges in recent years, with the prolonged "crypto winter" of 2022 resulting in the collapse of several major players, such as LUNA, Celsius, and FTX. Despite these struggles, certain sectors within the crypto industry have managed to thrive, including online crypto casinos. One such casino,…

Crypto ・ 27 February 2023

Yogonet

Gambling industry trends in 2023: an overview from Slotegrator

The gambling industry is expected to keep growing in 2023. Leading European associations predict an average increase in market growth of 7% and an increase in global gambling industry revenues of 34%. What tools do companies need to keep up with the trend? Ayvar Gabidullin, Business Development Manager at Slotegrator, shares expert advice. The…

Industry ・ 30 November 2022

Bitcoin Magazine

FTX Failure Shows Trading Is Gambling

This is an opinion editorial by Mark Maraia, an entrepreneur, author of "Rainmaking Made Simple" and a Bitcoiner. I find it tragic to note the number of people in the U.S.A. who are being forced by the Federal Reserve's monetary policy to take risks with their hard-earned capital. Those of us fortunate enough to already possess wealth are buying…

Religion ・ 24 November 2022

The Washington Post

FTX Is Where Gambling and Wall Street Collided

One of the sidelights to the the sudden collapse of Sam Bankman-Fried's $32 billion crypto empire is the gambling-related tweets by Sam Trabucco, the former co-head of Alameda Research, the trading arm of FTX. Trabucco claimed to have learned his craft trading cryptocurrencies at the blackjack and poker tables. This revelation has been treated as a…

Poker ・ 24 November 2022

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Alameda Co-CEO Compared Crypto Trading With Gambling

The former Co-CEO of Alameda Research reportedly enjoyed poker and blackjack and applied what he learned to the firm's cryptocurrency trading. Sam Trabucco - who hasn't been publicly accused of any wrongdoing - posted a thread on Twitter about aggressive gambling strategies and how he applied them to trading, Bloomberg reported Tuesday (Nov.…

Industry ・ 23 November 2022

Auralcrave

5 trends transforming the gambling and casino industry in 2023

The gambling and casino industry have rapidly shown all sorts of transformations which is particularly true for the last 5 years. Now, in the modern world, these changes remain and have evolved to include technological advancements. With the growth of mobile play, the introduction of payment solutions, and the developments for even better streaming…

Industry ・ 17 November 2022

Gambling

Gambling industry avoids Bitcoin firestorm

Though it has warmed recently, the legal, regulated gambling industry has been slow to adopt cryptocurrency. The industry's reluctance was derided as old-fashioned thinking, but those reservations now seem prescient and justified. Bitcoin is amid a historical selloff. The best-known cryptocurrency has lost 77% of its value since its peak in…

Industry ・ 15 November 2022

South Florida Caribbean News

Is Online Gambling in Florida Going to Be Legal Soon?

Florida sports betting was supposed to be legal as of October 2015, but a number of lawsuits seem to be holding things back. The Seminole Tribe and Florida governor Ron DeSantis filed briefs in September in support of the gaming compact in the state. After this happened, the Seminole Tribe did launch a Hard Rock Sportsbook app but was taken down…

Sports ・ 11 June 2022

East Mojo

The Future of Online Casinos in India: 2022

What's New on the Indian iGaming Market? To say that India is a fertile ground for the iGaming business would be a clear understatement; the real truth about this massive, super-populated country is that is heading, fast and secure, towards the top of the list of the largest iGaming markets in the whole world! Yes, Indians like their portions of…

Mobile ・ 02 June 2022

Online Poker Report

PlayUp Still Plans To Offer US iGaming

PlayUp is taking its time entering the US iGaming market. However, the online gambling operator may not need to hurry. Two of the four states for which it's got market access agreements don't yet offer legal online casino marketplaces. If it feels like it's been a year since the Sydney -based online betting platform provider declared its intentions…

Sports ・ 10 May 2022

INN

Yomi Games Raises $2M to Build Out Casual Play-and-Earn Ecosystem

Yomi Games has raised a $2 million seed round to fund its vision of developing social, casual, and play-and-earn blockchain games. The developer recently launched its first non-fungible token collection, Oni Squad, and an accompanying mini-game, Oni Mansion. The Oni Squad collection consists of 6666 hand-drawn generative Onis that were also…

Crypto ・ 19 April 2022

Forbes

PUBG Developer Teams Up With Solana Labs To Launch Play-To-Earn Crypto Games

Click on the conversation bubble to join the conversation Krafton, the South Korean gaming giant founded by billionaire Chang Byung-gyu, is expanding it crypto empire by partnering with blockchain startup Solana Labs to develop play-to-earn crypto games. The company behind the popular PlayerUnknown's Battlegrounds (PUBG) video game announced on…

Crypto ・ 24 March 2022

Sport Techie

NFL Slot Machines to Enter Casinos Through Aristocrat Gaming Deal

The NFL has signed an exclusive global licensing agreement with Aristocrat Gaming to build the first NFL-themed slot machines. Gamblers will be able to select games that display branding of their favorite NFL teams, with the machines expected to hit casino floors during the 2023 season. Aristocrat Gaming is a licensed gambling operator in 300…

NFL ・ 21 January 2022

Gambling News

Evil Geniuses Strikes Branding Partnership with Bitcasino

North American esports powerhouse Evil Geniuses has become the latest organization to affiliate itself with a cryptocurrency-oriented gaming company. It is now linked to Bitcasino.io, the B2C brand by the recently-rebranded Coingaming Group. The partnership is a "first-of-its-kind," as it will allow Bitcasino.io's logo to be displayed on EG…

Industry ・ 16 September 2021

Micky

Can crypto be used for online bingo?

Each month, more and more industries are starting to notice the big potential of cryptocurrencies, leading them to utilize these new forms of currencies for their payment transactions. And now, one of the possible new industries to adopt crypto is the gambling and bingo industry. Wanting to keep up with new trends to stay relevant, these industries…

Bingo ・ 25 July 2021

Micky

Tips for finding the best online pokies

Top-rated casinos come complete with support, a huge choice of games, great promotions, and fast withdrawal times. Nobody likes to wait days on end for their winnings, and thanks to the latest advancements in technology, you should not have to! Processing withdrawals can be done in little under a few hours at most reputable casinos, so if you're…

Strategy Guide ・ 12 July 2021

Micky

Crypto Gambling History in 1 Picture

Unfortunately, or better yet, very fortunately for the gambling industry, it was the next on Bitcoin's hit list. 2021 marks the 10th anniversary of the first Bitcoins appearing on a gambling platform all the way back in 2011. This first platform was Switchpoker.com, a relatively unknown platform at the time. But now, BTC gambling platforms are in…

Crypto ・ 07 May 2021