The blockchain casino will operate globally under the brand name Maxibet and has obtained a license in Curaçao.
Online crypto gaming technology developer Elray Resources has finalized its first gambling operator deal with Maxibet Technology. The blockchain casino will operate globally under the brand name Maxibet and has obtained a license in Curaçao.
The deal will give the developer and licensor of online gaming platforms, systems and gaming content, exclusive rights to supply all gaming content to Elray Resources’ clients. The move reflects the ever-evolving gambling landscape’s decision to embrace cryptocurrencies, leading crypto casinos to capture a significant share of the worldwide gambling market.
Crypto casinos have enjoyed a recent boom in popularity as of late due to the high degree of anonymity they offer, allowing users to keep their gambling habits private as well as improve the speed and security of their transactions.
In fact, recent studies show that crypto payments represent 25% of all online gambling payments with the crypto-gambling industry predicted to reach $93 Billion by 2024. Though not a first of its kind, Maxibet will certainly give other Bitcoin Casinos with no deposit bonus codes a run for their money… or, perhaps more aptly, crypto.
The History of Crypto Casinos
Crypto casinos have been around for over a decade now with the first crypto casino, Satoshi Dice, a homage to the mysterious creator of Bitcoin, Satoshi Nakamoto, opening up back in 2012. Its launch came 3 years after Bitcoin’s whitepaper hit the Internet and was the first casino to implement Bitcoin payments as well as feature the famous Satoshi dice game.
Players from all over the world could bet with Bitcoin and play their favourite casino games using nothing more than a BTC wallet. No registration was required, all wagers were taken as BTC transactions, with separate addresses for each payout multiplier. However, while it was a success following its inception, Satoshi Dice was forced to drop support from US players due to a number of legal notices.
Despite this hurdle, SatoshiDice laid the foundation for more crypto casinos to follow, not only creating the perfect playground for crypto enthusiasts but also offering a gambling lifeline for individuals who live in countries or regions with restrictions against gambling. As such, individuals who live in countries like Poland can benefit from the anonymity of cryptocurrency. Additionally, most traditional online casinos now also accept Bitcoin as well as other cryptocurrencies often as payment methods.
Benefits of Crypto Casinos
Crypto casinos have revolutionised the online gambling industry we have come to know and love, changing how players can access sites and engage in real money play. They offer enhanced safety and security going a step further than your average online casino utilizing blockchain technology making it impossible to alter or manipulate transitions that are processed. Users also remain 100% anonymous so there is no fear of identity theft.
Being decentralised cryptocurrencies are not controlled by any government or financial institution as such they are appealing to players who have no trust in those regulatory bodies. Another big advantage of crypto casinos is that they offer faster and more secure transitions than traditional payment methods like credit cards or bank transfers. As such, it is easier for players to deposit and withdraw funds.
The Future of Crypto Casinos
The gambling industry is always on the cutting edge of new technology as it seeks to improve the player experience as such we can expect to see more crypto casinos being established over the next couple of years. The industry cannot ignore the impact these casinos will have as players look for faster payments, improved security and better transparency.
The latest gambling statistics don’t lie, with some of the best bitcoin casinos on the market already having hundreds of thousands of active players hailing from all corners of the world. The interest in crypto casinos does not seem to slowing down anytime soon so it will be exciting to see what Elray Resource’s partnership with Maxibet will bring.
About Elray Resources
Elray Resources, Inc. is a company that specializes in technology and marketing. Its suite of products includes Elray ERP, Elray Analytics, and Elray Marketing Simplified (EMS). Elray ERP serves as a comprehensive set of integrated applications that provide a foundation and platform for gathering, storing, managing, and interpreting data from various business activities. The company’s business management software streamlines business practices to optimize return on investment.
Elray Analytics offers a user-friendly business intelligence platform capable of performing complex analytics. By producing detailed reports and visual displays of business performance, the platform turns data into information. EMS allows clients to execute and monitor their marketing campaigns using a simple web interface that leverages popular marketing and email formats.
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