Cryptocurrency
While Crypto Deals with Disaster, Crypto Traders Turn to FIFA World Cup
● World Cup brings crypto users back into the arena.
● Highest deposits by volume have been from TRON blockchain
● Bets made on Argentina to lift the Jules Rimet Trophy most popular
If you can’t bet on crypto, bet with it. That seems to be the takeaway this year as a crash in cryptocurrency trading markets has run up against the biggest betting event of this decade so far.
Cloudbet, the world’s longest-running online crypto sportsbook and casino, has seen during the 2022 World Cup. This despite many crypto holders having seen their investments drop substantially in relation to fiat currencies since the infamous downfall of Sam Bankman-Fried and his FTX exchange.
“With sentiment around cryptocurrencies so low after FTX imploded, we weren’t sure what to expect this year. But new Cloudbet accounts are being opened at a record pace, first time deposits are up nearly double, and we’re seeing incredible enthusiasm among bettors,” a Cloudbet spokesperson said. “The World Cup appears to have brought crypto traders and holders out of their funk and back into the arena.”
According to Cloudbet, interest is also high among bettors using less well-known blockchains, like TRON. “Our highest deposits by volume this World Cup have been from TRON, which is new for us. We expect it has to do with bettors moving funds to stablecoins during market uncertainty, and then using those stablecoins to buy into the sportsbook.” Cloudbet’s spokesperson said the next most deposited tokens came from BNB Smart Chain, Ethereum, and Bitcoin in that order.
“Our main marketing strategy for betting during the World Cup has been a kind of word of mouth system of referrals, which allows any player the chance to earn lifetime loyalty point commissions on bets their friends make,” the spokesperson said. “It’s almost working too well at this point. Players are earning points so quickly that we’ve had to add some big ticket items to our loyalty marketplace to give them things to save up for. There’s even a lamborghini in there now.”
The World Cup is always the biggest betting event of any year it is played, said Cloudbet, but going into 2022, fan enthusiasm was hard to read. Many fans were disappointed by the choice of the host nation, Qatar, and in person attendance has been complicated by last minute rule changes around alcohol at games and lackluster accommodation for fans. “We thought we might be looking at a one-two punch of low fan enthusiasm and crypto trader fear mentality. It turns out, when it comes to the World Cup, even crypto winter can’t stop the party.”
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Arman Movsesyan
Kerma Games Announces New Partnership with Dustbit
Kerma Games, a premium casino game provider, has announced a new partnership with Dustbit, marking its official expansion into the crypto casino space.
Through the collaboration, Dustbit will become the first crypto casino to feature the Kerma Games portfolio during an initial rollout period, giving its players early access to a selection of the studio’s premium content, including the newly released Snoop Olympus.
Inspired by the world of Snoop Dogg, Snoop Olympus combines iconic mythology with unmistakable West Coast style, showcasing Kerma Games’ vision of creating casino experiences that blend entertainment, cultural relevance and engaging gameplay.
The partnership represents another milestone in Kerma Games’ international growth strategy as the company continues to expand the reach of its portfolio across new markets and distribution channels.
Simone Bacchin, Sales Manager at Kerma Games, said: “We’re excited to partner with Dustbit as we bring Kerma Games into the crypto casino space. This collaboration allows a new audience to discover our entertainment-driven approach to game development, with standout titles like Snoop Olympus leading the way. We believe players are looking for experiences that feel memorable and culturally relevant, and that’s exactly what we aim to deliver.”
Arman Movsesyan, Casino Product Manager at Dustbit, said: “We are excited to welcome Kerma Games to Dustbit and to become the first crypto casino operator to offer their portfolio to our players. At Dustbit, we continuously seek innovative and engaging content that differentiates us from the competition, and Kerma Games perfectly aligns with that vision.
“Their unique approach to game development, combined with celebrity-driven entertainment and strong player engagement mechanics, brings a fresh experience to our community. We believe this partnership will not only enhance our gaming portfolio but also strengthen Dustbit’s position as a leading destination for crypto casino entertainment.
“We look forward to working closely with the Kerma Games team and delivering exciting new experiences to our players over the coming months.”
Beyond Snoop Olympus, Dustbit players will gain access to a growing portfolio of slots, crash games and table games developed with a focus on engagement, retention and premium production values. Kerma Games continues to differentiate itself through a combination of original content and globally recognised celebrity collaborations featuring names such as Snoop Dogg, Lil Baby and Sexyy Red.
The partnership also reinforces Kerma Games’ broader mission to redefine casino entertainment by creating games that capture attention long before the first spin and remain memorable long after the session ends.
As the company continues its global expansion, additional launches, partnerships and new celebrity-powered experiences are already in the pipeline.
The post Kerma Games Announces New Partnership with Dustbit appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.
BurraPay
Byte Federal Announces Successful Launch of Custom-Built Integration Supporting BurraPay’s Historic Entry into America’s Regulated Gaming Market
Byte Federal Inc. announced the integration of its payment and exchange services with BurraPay, the first cryptocurrency payments processor to operate inside Nevada’s regulated gaming market. Byte Federal is enabling BurraPay’s secure, compliant cryptocurrency transactions within licensed casino and sportsbook environments – a barrier that, until now, has kept digital assets entirely out of the regulated U.S. gaming ecosystem.
BurraPay announced its U.S. debut last week with its first client, Circa Resort & Casino in downtown Las Vegas, home of The World’s Largest Sportsbook. On June 4, the platform processed the first legal cryptocurrency-funded sports wager in Nevada history.
“The Nevada Gaming Control Board’s willingness to engage with compliant crypto infrastructure reflects the forward-thinking regulatory leadership that has kept Nevada at the forefront of the global gaming industry for decades. Nevada has set a blueprint. Our focus now is to continue working directly with regulators in other jurisdictions to replicate that – giving them full visibility into our compliance framework and the proven infrastructure we’ve deployed with Byte Federal, so they can move forward with confidence,” said Luke Millanta, CTO and Co-Founder of BurraPay.
Players wishing to fund their wagering activity using cryptocurrency, including Bitcoin, Ethereum and Litecoin, can now do so by visiting the sportsbook at Circa Las Vegas.
28% of U.S. adults own cryptocurrency and nearly half of all global crypto holders use digital assets for gambling. Yet billions in wagering volume has been flowing offshore to unregulated operators – outside the consumer protections, outside the tax base, outside the rules. BurraPay built the compliance-first platform to bring that activity onshore. Byte Federal provides the purpose-built exchange layer to make it run.
“This is what we’ve been building toward since 2016: digital assets that aren’t just held, but used. A patron walking into a Las Vegas sportsbook and funding a wager with Bitcoin, fully compliant, fully legal – that’s the promise of this technology meeting physical reality. We’re proud our infrastructure is part of the stack,” said Paul Tarantino, CEO of Byte Federal.
Byte Federal will continue working alongside BurraPay as it signs new operators, expands into additional jurisdictions on a state-by-state basis, and scales to meet growing demand – with BurraPay now approved in five key gaming states across the US.
“Earlier this month, a patron walked into a Las Vegas casino and funded a sports wager with Bitcoin. That has never happened before. That’s what a compliance-first platform makes possible. Byte Federal’s exchange solution is key to making this work, and as BurraPay expands into every state in the country, they’ll be right there with us,” said Millanta.
And the opportunity doesn’t stop with gaming: Byte Federal is already in talks with other industries about facilitating custom builds tailored to their unique needs.
The post Byte Federal Announces Successful Launch of Custom-Built Integration Supporting BurraPay’s Historic Entry into America’s Regulated Gaming Market appeared first on Americas iGaming & Sports Betting News.
Cryptocurrency
WSOP to Bring Crypto to Events Through Solana Tournament Purchases
The World Series of Poker (WSOP), the longest-running and most prestigious poker tournament series in the world, announced a first-of-its-kind collaboration with the Solana Foundation to bring cryptocurrency directly into the global poker experience.
This will be the first time in WSOP history where players can purchase tickets to tournaments directly with cryptocurrency, and by leveraging Solana’s technology, this payment method will have zero processing fees.
The integration will expand further at the 2026 WSOP Paradise in The Bahamas this December, where tournament winners can receive settlements in stablecoins on Solana, enabling near-instant access to payments and reducing the friction traditionally associated with international tournament settlements.
As part of this collaboration, Solana Foundation will also serve as the official Presenting Sponsor of the 2026 World Series of Poker and 2026 World Series of Poker Paradise.
The World Series of Poker, Dealt by Solana
The poker community has long been at the forefront of cryptocurrency adoption, with players embracing decentralized technology, like Solana, for its efficiency and transparency. As a high-performance blockchain, Solana is celebrated for its industry-leading transaction speeds – capable of processing thousands of transactions per second – and ultra-low costs, with average fees remaining below $0.001. By enabling players to make purchases through Moonpay, and cashout in stablecoins on Solana, these initiatives allow:
• Faster settlement and streamlined payment processing for eligible events
• Greater accessibility for international players traveling to WSOP events
• Near-instant global settlement, with reduced friction for users
• Expanded payment flexibility for players participating in marquee tournaments worldwide
Introducing Solana-powered purchases and settlements modernizes how money moves through the poker ecosystem and reduces friction for players around the world.
Where Poker and Cryptocurrency Converge
This initiative bridges the digital space and the poker world, reinforcing the growing demand among players for faster financial tools that simplify participation in global events. Beyond payments, the collaboration brings together communities that are closely aligned.
“We are incredibly proud to bring such an innovative and passionate community into the fold. Solana’s ecosystem, like the WSOP, constantly challenges conventions and remains laser-focused on the consumer experience. Solana’s speed and efficiency mirror the fast-paced energy of our tournaments, and we are excited to showcase their technology to our global audience,” said Ty Stewart, Chief Executive Officer of WSOP.
“Solana is a digital economy where people can own and trade millions of assets, make payments, earn on their money, and more. Trading in particular has been a huge area of growth on Solana over the last few years, generating over $4 trillion in volume. At its core, trading shares many of the same characteristics as poker: hard decisions, incomplete information, minding your bankroll. We’re incredibly excited to grow the game of poker with the WSOP and bring these two worlds together,” said Vibhu Norby, Chief Product Officer, Solana Foundation.
“Poker players have always lived at the forefront of innovation. They think in probabilities, move fast, and adopt the tools that give them an edge. Cryptocurrency is a natural fit. By powering purchases and settlements through MoonPay on Solana, we’re meeting that demand directly: faster, borderless payments that make it simple for players anywhere to take their seat at the world’s biggest tables,” said Jim Walker, President of MoonPay Commerce.
Beyond the Felt: Ambassadors and Hospitality
The Solana Foundation is set to sponsor a select group of individual poker player ambassadors who will represent the ecosystem at this summer’s WSOP event. Additionally, the Solana ecosystem will host exclusive hospitality events at the Paris and Horseshoe venues in Las Vegas, as well as a premier experience during WSOP Paradise in The Bahamas this winter. Solana users can also look forward to collaborative onchain poker products, developed with WSOP, to follow.
The post WSOP to Bring Crypto to Events Through Solana Tournament Purchases appeared first on Americas iGaming & Sports Betting News.
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