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Roundup: Ultraplay, BitBingo.io & 7BitCasino

Chris in Bitcoin & Cryptocurrency published on 5, September 2015

Ultraplay Live eSports Betting

Ultraplay Opens Live eSports Betting on VitalBet

Online gaming software provider Ultraplay launched its live eSports betting service on VitalBet, allowing Bitcoin bettors to wager in every round of the popular titles on the eSports scene today. Compared to pre-match betting, the Ultraplay live eSports betting service transports the players closer to the action with the real-time bets. VitalBet is the first of the three Bitcoin sportsbooks that will feature this newest online betting product. Ultraplay CEO Dariy Margaritov takes pride in introducing the innovative product to the Bitcoin gambling market.

“We are extremely happy to pioneer eSports, and to be the inventors of CS: GO Round by Round betting. Providing players the opportunity to bet every round makes live betting a very intensive experience for players and bookmakers alike.”

BitBingo.io Transcends Bingo Gaming with SoftSwiss

It is not all about bingo on BitBingo.io as it now features the Bitcoin casino games developed by SoftSwiss. The familiar and high-quality Bitcoin slots, table games, poker games, and other titles are finally available in this casino, together with the exclusive bingo games Bingo Factory and Gold Rush. Complementing the expansion of BitBingo.io’s market are its lucrative bonus offers like the 200-percent first deposit bonus and the 50-percent bonus on any deposit.

“To top all of that, BitBingo.io’s casino games are all integrated with a provably fair feature that assures all of the game results are legitimate and fair by allowing gamblers to manually review game results for any anomaly.”

7BitCasino Levels Up With New Endorphina Games

More games and excitement await the players on 7BitCasino as it welcomed the addition of the Endorphina slots to its library. Filled with top games from Betsoft, Microgaming, Ezugi, and SoftSwiss, this Bitcoin casino further beefed up its services and now provides a comprehensive gambling experience Bitcoin and real-money bettors can benefit from. Other than the new games, 7BitCasino also boasts the provably fair games available on its website, together with the amazing bonus deals.

“Since all players are allowed to deposit in Bitcoin or fiat, they are also entitled to receive a welcome bonus amounting to €400 or 3 BTC. Bettors will receive the full bonus amount after they have deposited three consecutive times to their account.”

Regulations Affect OKCoin Relations in the US

Customers based in the US are no longer allowed to make any transaction on the Chinese Bitcoin exchange OKCoin. According to Jack Liu, the International Head for OKCoin, the ban on the US customers is only temporary and is merely a precautionary measure to avoid any sanctions that may be imposed through the regulations followed in the country. The Bitcoin exchange’s former chief technology officer, Changpeng Zhao, previously revealed that the company has internal anomalies.

“In May of this year, OKCoin made a buzz after the company’s former Chief Technology Officer Changpeng Zhao made a public statement about the anomalies that are brewing within the company long before his exit. He said that contradicting ideals and financial issues are rampant during his tenure, which then led to his resignation.”

Did Mt. Gox Weaken the Bitcoin Market in Japan?

Japan would have been one of the leading countries in Asia that could push for the adoption of the digital currency. However, the Mt. Gox controversy might have jeopardized Bitcoin’s success in the Land of the Rising Sun. As the defunct Bitcoin exchange’s former CEO, Mark Karpeles, was found to have been responsible for the ill-doings that resulted in the exchange’s shut down, stricter policies are now being followed.

“Many of the local users may find regulations too limiting after being spoiled on basically fictional rules. This can greatly spread to other aspects of the market such as the growing Bitcoin gambling community, and similar virtual currency trading platforms. The aim of implementing new regulations should make exchanges safe, not weaken the benefits of Bitcoin. Its goal should be focused on local consumers, the improvement of overall services, and the development of every aspect of the technology.”

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