PlayAmo Invests €2.5 Million to Enter Bitcoin Market
Popular online casino platform PlayAmo has just made a substantial investment of €2.5 million in a bid to assert itself in the rapidly expanding sector of cryptocurrency gambling.
[Note: This is a press release]
PlayAmo’s move into the cryptocurrency sector follows the rising trend of bitcoin and cryptocurrency adoption in the online casino arena. PlayAmo believes that the adoption of Bitcoin and blockchain technology is something that will benefit their existing members and cryptocurrency newcomers as much as it will themselves.
PlayAmo believes that the investment in the new blockchain technology sector will make their casino platform more attractive to users and help Bitcoin gain more recognition. The trusted platform is investing in its services to extend support for Bitcoin transactions while offering substantial bonuses and promotions. The investment will also assist the platform, which has already become popular in Sweden, Norway, Turkey, Russia, and many other countries, to expand its user base.
The Commercial Director of PlayAmo, Angela Sacco, explaining the platform’s decision to enter the Bitcoin market said:
First time we heard about Bitcoin market was at a gambling conference in Amsterdam. We were quite shocked to know about the huge market size and realized how poor the competition is. Our goals are tremendous and that is why our partners invested more than €2.5 million in this market. The biggest part of this money goes to promotions for our members and guarantees of payments for high rollers. We are going to become trustful partners, same as we are in Sweden and other countries where we work.
Started in 2015, PlayAmo has amassed a community of over 80,000 registered players, and that number is expected to grow significantly with the interest following this new investment. With this significant investment into the cryptocurrency industry, PlayAmo players will now be able to bet on the attractive casino platform and benefit from a range of gifts, bonuses, and promotions.
As of March 2017, PlayAmo users can take part in the €30,000 NetEnt Spring Challenge competition and the automatic VIP system that offers a Ferrari as the main gift. PlayAmo Casino offers game titles from numerous large developers like Net Entertainment, Micro gaming, and BetSoft Gaming. Those interested in trying out PlayAmo can do so here.
Images courtesy of PlayAmo