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Roundup: mBit Casino, BetOnline.ag & BiG Asia 2015

Chris in Bitcoin Gambling published on 13, June 2015

Bitcoin Gambling Industry Growth

mBit Casino Rolls Out Lucrative VIP Rewards

One of the largest Bitcoin casinos today, mBit Casino released its new and restructured VIP program, which grants all its registered players to earn endless opportunities to win any of the lucrative rewards. The latest VIP prizes include high-end devices like Macbooks, Go Pro Silvers, PlayStation 4, Xbox One, and even a trip for two to Maldives. More rewards are in store for players who will accumulate as many loyalty points as they can.

“Offering improved services is among the key methods to keep up with the increasing competition in the Bitcoin gambling industry, and the new mBit Casino VIP rewards are a sure ticket to maintain the casino’s market lead.

To make the reward structure friendlier to the players, the VIP incentives are open to all types of bettors, be they high rollers or beginners, provided that they play their hearts out in order to collect as many loyalty points as possible.”

The RAI Hosts Largest Affiliate Conference in 2015

The Amsterdam Affiliate Conference expects more than 1,800 gaming affiliates to join this year’s largest event for online gaming affiliates. Included in this year’s iGaming Super Show as one of the eight events, the conference is set to become the largest of its kind and will feature select speakers from distinct businesses and companies in the industry.

“Some of the notable talks sponsored by the other events include that of Bitcoin Foundation Director Brock Pierce, who is scheduled to share his vision of a cashless digital society that functions on Bitcoin, which can then be related to the potential of the Bitcoin casino market in the iGaming industry.

The Amsterdam Affiliate Conference 2015 is open to the public for free, but the events like Gaming in Holland, Player Acquisition Strategies, and the iGaming Executive Conference require payment.”

Sports Betting & iGaming Asia 2015 Opens in Manila

Eventus International and CoinPoint will be holding the Sports Betting & iGaming Asia 2015 summit and exhibition in Manila, Philippines. Scheduled for a three-day run from August 10 to 12, high-level speakers from First Cagayan, PAGCOR, CoinPoint, Bettorlogic, London Gaming Company and others will grace the event to share quality insights on the current state of the Asian gaming sector and the potential of Bitcoin gambling in the region.

“Some of the topics lined up for a series of panels and discussions cover an extensive range of topics, such as the current challenges and opportunities, the legal issues and barriers, and the potential business success on this market. Moreover, the potential of Bitcoin to find its right spot in Asia’s gaming sector is among the points to be tackled throughout the conference and exhibition.”

Bitcoin Gambling Gains Popularity on BetOnline.ag

Online sportsbook, casino, and poker room BetOnline.ag recently added Bitcoin to its banking system and witness how strong and popular this digital currency is among online gamblers. Initially supporting fiat payments only, this gambling site now has Bitcoin as the second most used method after credit cards.

“Initially, we were surprised how popular Bitcoins were at BetOnline.ag. However, after thinking about it a little more, there is such a natural fit between folks that trade Bitcoins and bet online; the crossover is quite significant. With each passing week, more and more players are investigating and educating themselves on Bitcoins, not only as a means to fund their BetOnline account, but to also trade for a profit.”

Calls to Regulate Spell Trouble for BTC Gambling

Several US states already have bills proposing to regulate Bitcoin businesses, and the latest to come closer to enacting one is California with its AB-1326 after New York’s BitLicense was finalized. As more states are looking into requiring businesses to acquire licenses, the Bitcoin markets may experience disadvantageous effects that may also influence Bitcoin gambling industry growth and Bitcoin adoption.

“The recent incident concerning Coinbase’s pulling out of Wyoming due to the high $10,000 to $500,000 surety bond required from each licensee is an example of how the Bitcoin gambling industry may take a hit from such regulations.

The popular Bitcoin services provider Coinbase maintained its stand on its decision, calling the demand ‘impractical, costly, and inefficient.’”

 

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