Bitcoin
BitBoss – iGaming Blockchain Case Study
It’s no secret that iGaming is big business, but the emergence of technology in the space hasn’t kept pace with the staggering growth the sector has continued to see year over year. Issues related to fairness, trust and transparency continue to plague too many operators, damaging the trust of consumers – and with it – the reputation of the wider industry.
In an effort to address these issues, as well as usher in a new era of interconnectedness between physical casinos and the iGaming sector, Denver-based iGaming company BitBoss have developed a range of technological-based solutions – all built using the power of the Bitcoin SV blockchain.
Bitcoin Association, the global industry body that works to advance business with Bitcoin SV, spoke to BitBoss CEO Matt Dickson about how their innovative blockchain applications in their latest iGaming on Blockchain case study – exploring how a number of their products work, as well as the potential impact they stand to have on the sector.
The standout product amongst BitBoss’ offerings is Bridge – a product designed to digitize the physical casino experience, while facilitating the seamless transition between land-based casinos and online offerings. BitBoss achieves this with a small piece of proprietary technology which costs around $100 and works with almost any slot machine. This enables players to connect their phone to the slot machine, with their casino chips tokenized on the blockchain and stored in a digital wallet. Players can move from machine-to-machine using the tokens stored in their wallet, or effortlessly shift to use it to play online.
‘Our genuine hope is that someday, a casino gambler sits down, uses our technology and has no idea that blockchain was behind it,’ says Matt Dickson, CEO of BitBoss.
‘We purposely designed this product to be backend agnostic – any casino can use it. Now, all of a sudden, your customer has a crypto wallet unbeknownst to them. If they want to cash out from the slot machine, the credits are moved to their phone, which makes it very easy for the casino to offer other services using those credits.’
Should customers choose to transition between the real-world and online casinos, BitBoss has also designed products to bring transparency and provable fairness to iGaming offerings.
‘We have a mobile ecosystem – we develop lottery games, roulette games, poker games, and we have slot machines coming – with all of these integrated very tightly into the crypto wallet’ says Dickson.
‘There are a lot of online casinos out there that seek to cheat people. They may not do it 100% of the time, but they may clip an extra 1 or 2 percent for themselves, Anytime that a player loses, in their mind, they think to themselves “did I get screwed here?” and in a lot of cases, they did!’
BitBoss has a range of offerings which allow iGaming offerings to be played out on the blockchain, which adds a new layer of transparency by directly linking bets to publicly verifiable transactions on the Bitcoin SV blockchain.
‘With the blockchain, all of the transactions are visible for the entire world to see. All of the transactions, once they are on the chain, they can never be changed,’ says Dickson.
‘As a player, if you have a dispute or question about your transactions, you don’t need to call your casino anymore. You can match up the transaction ID in your crypto wallet with a transaction ID on a block explorer, so you can see if your bet made it in time or not. You can see if you bet $20 or $30. It’s a great way to start to move clients in the direction of blockchain because it helps give them more visibility into what’s actually happening.’
Learn more about out how BitBoss and Bitcoin SV are working to transform the industry, read the full iGaming on Blockchain use case at the Bitcoin Association website.
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Australia
Elections, Bitcoin, and the Australian Open: Slotegrator breaks down prediction markets in new ebook
Annual trading volume in the prediction market vertical grew from $500 million to $64 billion in only three years. What’s behind their explosive popularity? In a new ebook, Slotegrator lays out why this latest evolution in betting has so much appeal for players and what operators need to consider before launching their own prediction market.
Why have prediction markets captured so much attention? In a new downloadable ebook, Slotegrator lays out the factors behind the vertical’s popularity, analyzes how prediction markets are disrupting the modern betting landscape, and provides a checklist to help readers decide if
the time is right for them to add a prediction market to their platform.
In the ebook, Slotegrator highlights generational shifts in preferences and behavior, such as the increase in younger players who are familiar with trading and financial markets, as one of the main drivers in the rise of the format. There’s also a widespread change in values; players view the P2P exchange mechanic, in particular, as a more transparent form of betting than wagering against the house.
“Today, the audience’s attention shifts in real time across platforms, and digital experiences evolve constantly. If you’re not actively tracking where engagement is moving, you’re not just behind the trend — you’re already losing relevance in the market,” comments Olga Ivanchik, COO of Slotegrator.
Opinion-based betting allows users to trade literally any event from politics to current events. The pursuit of getting a more interactive, dynamic, and fair experience is reflected in prediction market mechanics: the odds in this type of betting are not set by the house but fluctuate in accordance with supply and demand — players bet against each other, and the platform generates revenue on commissions based on the amount of bets.
“This transition eliminates the old conflict of interest and gives us a more transparent, equitable, and stimulating experience where value is defined by the market itself”, says Maksym Shtun, Product Owner at Slotegrator.
The report provides analytics with key figures, regulatory notes, expert comments, and an explanation of the mechanics involve. It also includes useful tips for readers:
- A checklist that will help operators understand whether they need prediction markets on
their platform - Tips and recommendations on the events for betting by region
- Comparison of prediction market mechanics with classic sportsbooks
- Analysis of relevant psychological factors
- Breakdown of how exactly how prediction markets generate revenue
Download the guide and get a full understanding of the prediction market phenomenon. Be among the first operators to make the most of the quickest growing opportunity in iGaming.
ABOUT THE COMPANY
Since 2012, Slotegrator has been one of the iGaming industry’s leading software and business solution providers for online casino and sportsbook operators.
The company’s main focus is software development and support for online casino platforms, as well as the integration of game content and payment systems.
The company works with licensed game developers and offers a vast portfolio of casino content: slots, live casino games, poker, virtual sports, table games, lotteries, casual games, and data feeds for betting.
Slotegrator also provides consulting services in gambling license acquisition and business incorporation.
The post Elections, Bitcoin, and the Australian Open: Slotegrator breaks down prediction markets in new ebook appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.
Australia
Elections, Bitcoin, and the Australian Open: Slotegrator breaks down prediction markets in new ebook
Annual trading volume in the prediction market vertical grew from $500 million to $64 billion in only three years. What’s behind their explosive popularity? In a new ebook, Slotegrator lays out why this latest evolution in betting has so much appeal for players and what operators need to consider before launching their own prediction market.
Why have prediction markets captured so much attention? In a new downloadable ebook, Slotegrator lays out the factors behind the vertical’s popularity, analyzes how prediction markets are disrupting the modern betting landscape, and provides a checklist to help readers decide if
the time is right for them to add a prediction market to their platform.
In the ebook, Slotegrator highlights generational shifts in preferences and behavior, such as the increase in younger players who are familiar with trading and financial markets, as one of the main drivers in the rise of the format. There’s also a widespread change in values; players view the P2P exchange mechanic, in particular, as a more transparent form of betting than wagering against the house.
“Today, the audience’s attention shifts in real time across platforms, and digital experiences evolve constantly. If you’re not actively tracking where engagement is moving, you’re not just behind the trend — you’re already losing relevance in the market,” comments Olga Ivanchik, COO of Slotegrator.
Opinion-based betting allows users to trade literally any event from politics to current events. The pursuit of getting a more interactive, dynamic, and fair experience is reflected in prediction market mechanics: the odds in this type of betting are not set by the house but fluctuate in accordance with supply and demand — players bet against each other, and the platform generates revenue on commissions based on the amount of bets.
“This transition eliminates the old conflict of interest and gives us a more transparent, equitable, and stimulating experience where value is defined by the market itself”, says Maksym Shtun, Product Owner at Slotegrator.
The report provides analytics with key figures, regulatory notes, expert comments, and an explanation of the mechanics involve. It also includes useful tips for readers:
- A checklist that will help operators understand whether they need prediction markets on
their platform - Tips and recommendations on the events for betting by region
- Comparison of prediction market mechanics with classic sportsbooks
- Analysis of relevant psychological factors
- Breakdown of how exactly how prediction markets generate revenue
Download the guide and get a full understanding of the prediction market phenomenon. Be among the first operators to make the most of the quickest growing opportunity in iGaming.
ABOUT THE COMPANY
Since 2012, Slotegrator has been one of the iGaming industry’s leading software and business solution providers for online casino and sportsbook operators.
The company’s main focus is software development and support for online casino platforms, as well as the integration of game content and payment systems.
The company works with licensed game developers and offers a vast portfolio of casino content: slots, live casino games, poker, virtual sports, table games, lotteries, casual games, and data feeds for betting.
Slotegrator also provides consulting services in gambling license acquisition and business incorporation.
The post Elections, Bitcoin, and the Australian Open: Slotegrator breaks down prediction markets in new ebook appeared first on Americas iGaming & Sports Betting News.
ABCripto
ABcripto announces Diego Perez as VP and strengthens bridge with fintechs
The Brazilian Crypto Economy Association (ABcripto) announces Diego Perez as its new Vice President and Director of Institutional Relations.
The appointment reflects the current stage of Brazil’s digital assets market, now focused on consolidation, regulatory architecture, and integration with the traditional financial system.
Perez joins ABcripto after serving as President of ABFintechs for the past six years, following an eight-year trajectory within the organisation, including earlier board roles.
Who is Diego Perez
He now joins the association’s council, maintaining proximity to both ecosystems and contributing to the advancement of integration between financial innovation and digital assets.
A lawyer with an LL.M. in Financial and Capital Markets Law from Insper, Perez has worked for over a decade at the intersection of financial innovation and regulation.
He is co-founder of SMU Investimentos, with experience in asset tokenisation initiatives, including participation in the CVM regulatory sandbox, and Vice President of Fintech Iberoamérica (FIA), where he follows regulatory harmonisation agendas across Latin America.
At ABFintechs, he led industry dialogue with the Central Bank, CVM, Ministry of Finance, COAF and the National Congress on topics such as Open Finance, Pix, Drex and digital asset regulation.
He also contributed to public consultations and regulatory proposals.
This experience in managing complex agendas involving innovation, competition and regulation is now being brought to ABcripto.
“Taking on the vice presidency of ABcripto is an opportunity to contribute even more directly to the consolidation of a balanced regulatory environment, one that fosters innovation without compromising legal certainty and the integrity of the financial system,” said Perez.
“The crypto asset sector in Brazil and Latin America is going through a decisive moment, where the development of well-calibrated public policies will be essential for its sustainable growth.
ABcripto plays a central role in this process, acting as a qualified interlocutor between the market and regulators, and as a coordinator of an agenda that combines competitiveness, financial inclusion and the fight against illicit activities.”
In his new role, Perez will focus on regulatory framework implementation for virtual asset service providers, integration with financial infrastructure such as Open Finance and Pix, and the advancement of the stablecoin agenda.
He will also engage with tax authorities and coordinate regional efforts toward regulatory convergence in Latin America.
His appointment reinforces ABcripto’s positioning as a technical and representative association capable of translating sector complexity into qualified dialogue with government, regulators and the press.
“Diego brings experience from a sector that has already gone through a regulatory transition, which will be essential for us over the coming years.
His arrival, together with the new directors of Management and Finance (Flávio Bindandi) and Legal and Projects (Julia Martinelli), who also bring expertise from regulated markets, completes the association’s Executive Board, which is expected to announce new projects and partnerships soon,” said Julia Rosin, Executive Director.
About ABcripto
The Brazilian Association of Crypto Economy (ABcripto) represents the digital asset sector in the country (Bitcoin being the best known of these).
It works to organize and develop the business environment, represents the interests of market participants, and collaborates in the construction of public and private policies that foster innovation and guarantee investor rights.
Its mission is to bring Brazilians closer to the crypto market and bring together the agents responsible for the development of this new financial services infrastructure.
The post ABcripto announces Diego Perez as VP and strengthens bridge with fintechs appeared first on Americas iGaming & Sports Betting News.
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