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NFTs in iGaming: how can the new technology be used in the iGaming industry?
NFTs have stepped into the spotlight. The varied applications of non-fungible tokens have seen them spread into a number of industries — iGaming included. Is now the time to open an NFT casino? Slotegrator shares its opinion and forecast.
Why are NFTs gaining popularity? First of all, they’re a massive trend. Celebrities buy and sell them, famous pieces of art are being tokenized, and blogger creators promote them as a way to earn sums that are not limited by market norms, but by audience imagination.
But what role does NFT technology play in the iGaming industry? To start with, NFTs can be used as in-game tokens and to place deposits, but they can also be a reward in themselves. Casino and sportsbook platform BC.Game, for example, already accepts NFT deposits.
Since NFTs are decentralized and independent, they can be used anywhere, without any limits, which is appreciated by players who have trouble accessing traditional payment methods.
NFTs are powered by blockchain technology, which stores information about ownership, providing a high level of transparency. This concept is also used in the new trend of provably fair games, where players can verify that their results were governed by a smart contract code, and not influenced or manipulated by humans.
One more function of NFTs in iGaming is to grant access to casinos, such as in the metaverse, or membership in loyalty or VIP programs with special bonuses, tournaments, or jackpots. This function is also a good tool in terms of security — it can assist in self-exclusion or help to block access for minors.
Another interesting use of NFTs is letting players become a part of the business: players can purchase their own slot machine in the metaverse as an NFT. If users own their own virtual slot machine, poker table or even casino, they can benefit from them as business owners. There is one catch, though: metaverses still have no gambling regulation, meaning “casino owners” have no obligations to fulfill.
NFT casinos also appeal to a wider audience: younger generations will play because besides the traditional motives to gamble, they’re very interested in collecting digital assets.
In general, NFT is an incredible way of sharing content. But what about regulations?
The European Union has yet to establish a definition of NFTs, but is planning to regulate them in the same way as cryptocurrencies: authorities are closely scrutinizing decentralized financing out of concerns about money laundering, fraud, and the financing of terrorism, which means European businesses can expect new regulation at some point.
Since NFTs are a relatively new concept, even though their popularity is skyrocketing, regulations still need to be worked out — unlike cryptocurrencies, which have already been given due consideration in many countries.
NFTs are assets, and while profits or losses from the sale or purchase of assets are normally subject to taxation, taxation for NFTs has yet to be clearly established. Whereas taxes on gains from trading cryptocurrencies are usually applied in the owner’s country of residence, there are few — if any — comparable practices for NFTs.
Overall, the future of NFTs is incredibly promising.
It’s estimated by MarketsandMarkets that the NFT sector will grow to over $13 billion in 2027, which would constitute an annual growth rate of 35%. This is in line with the overall trend towards spending more time — and money — online; a survey from McKinsey shows that over 20% of the population is going to increase their level of online shopping, exercising, entertaining, etc.
“NFTs were quickly embraced and became a popular way to spend and earn money. The iGaming industry, no stranger to innovation, saw the potential for NFTs immediately, and game providers began developing titles that incorporated the new technology. Aviatrix, for example, features a crash game where players can purchase the in-game avatar as an NFT. Ultimately, if the rapid spread of cryptocurrencies are any indication of how popular and effective blockchain technology can be, we have every reason to believe that NFTs will become commonplace for online casinos and sportsbooks”, says Ayvar Gabidullin, Business Development Manager at Slotegrator.
You can read more about NFT here.
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.
More information: https://slotegrator.pro/
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, the latest addition to our popular Gold Winner franchise. Now available in the B3/LBO market with an upcoming launch in the Cat C market this December.The post INSPIRED LAUNCHES GOLDEN WINNER GRAND CHANCE™ IN THE UK MARKET appeared first on European Gaming Industry News.
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TCSJOHNHUXLEY, the leading global supplier of world-class casino equipment and services, today announced the strategic acquisition of the dice manufacturing business from Gaming Partners International (GPI).
This landmark acquisition provides TCSJOHNHUXLEY with immediate ownership of GPI’s dice manufacturing capabilities, significantly expanding the company’s production footprint and product portfolio.
With this purchase, TCSJOHNHUXLEY is reinforcing its position as the definitive industry leader. The company will now offer three premier dice brands: TK, Paulson, and TCSJOHNHUXLEY. Crucially, operations will be maintained in both Mexico and Missouri, USA, providing customers with dual supply capabilities for enhanced supply chain resilience and flexibility across all global markets.
This acquisition is a strategic move that enhances TCSJOHNHUXLEY’s core offering, secures its dominance in the dice sector, and ensures the continued delivery of the highest quality and most secure gaming dice to casinos worldwide.
The combined capabilities solidify the company’s commitment to producing the highest standard of precision gaming dice. TCSJOHNHUXLEY’s own “Certified Perfects” Dice are globally acknowledged as the world-wide industry standard for casino gaming dice and are trusted globally for accuracy, quality, and security. Available for Craps, Sic Bo, and Pai Gow, the dice can be specified with razor edge or ball corner profiles, come in various sizes, and are manufactured with dots flush to the surface before being wrapped in the signature gold foil, with options for monogramming or serialization to a casino’s specifications, ensuring complete security.
Tristan Sjoberg, Executive Chairman of TCSJOHNHUXLEY, commented “The acquisition of the GPI dice business is a truly transformative step for TCSJOHNHUXLEY. By immediately securing the renowned TK and Paulson brands, we are fundamentally consolidating our position as the definitive global leader in casino dice manufacturing. Leveraging this increased scale and our dual production capabilities, we can provide customers with unmatched supply security and sustained access to the world’s most precise, trusted, and high-quality gaming dice.”
The post TCSJOHNHUXLEY Acquires GPI Dice Business, Becomes Global Dice Industry Leader. appeared first on European Gaming Industry News.
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Ganadu Gaming has announced the addition of sought-after Nolimit City titles to the stacked games lobby at Speedz online casino.
The operator welcomes selected Nolimit City titles as an essential part of the slots offering within newly-launched Speedz, stating that the portfolio represents some of the world’s most popular games, notable for their boundary-challenging storylines, innovative mechanics, stunning graphics and slick gameplay and a chance to win generous rewards (with a bit of luck!).
Epic games, unforgettable experiences
Players around the globe have come to appreciate Nolimit City titles such as the phenomenal Fire in the Hole mining-themed series, the gritty urban flavour of the Punk series, including Punk Toilet, deranged adventures in Serial and Mental, and lighter fare like Walk of Shame and Tomb of Akhenaten. Nolimit City titles are instantly recognisable for their dark humour and amusing characters.
These, and other exceptional online slot experiences, can be enjoyed on Speedz, with many of them available to try out for free in Demo Mode. Nolimit City’s attention to detail is the thread that connects them all, the hallmark of quality that keeps players coming back for more.
Built for pace
Speedz is Ganadu Gaming’s second brand following the launch of Flamez in September 2025. As the name suggests, everything about Speedz is designed to match player expectations regarding their play experience. It’s easy to get started at Speedz, and every part of the user journey is met with rapid processes, from registration to deposits and withdrawals.
Sven de Waard, Head of Casino at Ganadu Gaming, is enthusiastic: “Speedz is all about user experience, and Nolimit City titles are the perfect vehicle to showcase performance excellence. Our players relish their creative takes on how a slot should look and feel, and this gaming provider is a must-have for any reputable online casino. We’ve got a full representation of their titles and we look forward to their new releases being added to our games lobby – something our players will have to look forward to with this partnership”.
Ganadu Gaming offers players peace of mind entertainment, with a licence from the Kahnawake Gaming Commission (KGC) and a reputable ISO 27001 certification. In Finland, Speedz is a Pay’n Play casino; players can use BankID for registration and verification, allowing them to start playing and withdrawing immediately. A variety of credit cards, e-Wallets and online banking options are available to players depending on their location.
Speedz and Flamez both offer a world-class gaming experience, and Ganadu Gaming has already hinted that another brand is in the pipeline for players to enjoy.
Please note: Selected games at Speedz are only available in certain regions due to regulatory requirements. Contact Affiliatez.com for more information.
The post Speedz Welcomes Nolimit City Portfolio appeared first on European Gaming Industry News.
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