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NFTs in iGaming: how can the new technology be used in the iGaming industry?

Published

3 years ago

April 20, 2023

Reading Time: 3 minutes

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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CDL Major II Announced at DreamHack Birmingham 2026

Published

7 hours ago

November 4, 2025

Adrienn Sarkany

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Following the 2026 Call of Duty League (CDL) Season Announcement from Blizzard, we wanted to share details of the upcoming CDL Major II set for DreamHack Birmingham, taking place March 27-29, 2026.

The Call of Duty League is heading back to DreamHack after an incredible turnout at the last festival – but this time, things are getting even bigger. The DreamHack Birmingham CDL Major II will feature a brand-new 10-team format, intensifying competition and ensuring only the very best squads make it to the main stage.

The CDL Major II at DreamHack Birmingham will kick off with online qualifiers from February 13 to March 22, before culminating in a LAN Major tournament at DreamHack Birmingham from March 27–29, 2026. Fans can expect three days of non-stop action, high-stakes matchups, and an electric live atmosphere as the world’s top Call of Duty teams go head-to-head.

DreamHack has a long-standing history of bringing the world’s biggest gaming communities together under one roof, and this next stop in the CDL calendar continues that legacy, uniting fans, creators, and players in one of esports’ most passionate arenas.

Tickets for DreamHack Birmingham, including access to CDL Major II, are available now.

The post CDL Major II Announced at DreamHack Birmingham 2026 appeared first on European Gaming Industry News.

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THE UNIT EXPANDS GLOBAL FOOTPRINT WITH NEW OFFICE IN GIBRALTAR

Published

7 hours ago

November 4, 2025

Adrienn Sarkany

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The Unit, a leader in product design and development for sports betting and iGaming, has announced plans to open a new office in Gibraltar, further expanding its international footprint.

The new location, which will open in Q1 2026, will complement existing offices in Ireland, Moldova, and the U.S., reflecting The Unit’s continuing growth and commitment to supporting its clients across multiple regions.

The Gibraltar office will serve as a regional base for product strategy, management, and design, as well as a hub for commercial engagement with both new and existing partners.

Gibraltar is one of the world’s most established gaming jurisdictions and home to a significant number of global sportsbook and casino operators. Strategically, the move coalesces many convenient synergies and economies of scale for The Unit, since it already serves multiple clients in Gibraltar, while the wider local talent pool will provide an ideal base from which to generate further growth. The Unit’s presence in the Territory will organically strengthen its partnerships and enable greater collaboration with clients across Europe.

Paddy Casey, Co-Founder of The Unit, said: “We’ve experienced exceptional growth over the past two years, and our expansion into Gibraltar is a natural next step. Establishing a dedicated office here allows us to be closer to many of our key partners, build deeper relationships within the local ecosystem, and attract some of the best talent in the business.

“It’s a location that has long been a hub for gaming innovation and expertise, and having a local presence will help us continue to deliver the class-leading service and product quality for which The Unit is known.”

The Unit delivers custom-built digital products for the sports betting and gaming industries, partnering with operators and suppliers to accelerate product roadmaps and bring ideas to market with speed and precision.

The post THE UNIT EXPANDS GLOBAL FOOTPRINT WITH NEW OFFICE IN GIBRALTAR appeared first on European Gaming Industry News.

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NEOWIZ and Kangwon Land Sign New Slot Software Agreement, Joined by Massive Gaming’s Expertise

Published

7 hours ago

November 4, 2025

Adrienn Sarkany

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NEOWIZ and Kangwon Land, Inc. signed a new Slot Software Development Agreement, with NEOWIZ’s subsidiary Massive Gaming(MVG) supporting co-development under the partnership.

The agreement marks the next stage in the long-standing partnership between NEOWIZ and Kangwon Land, which began in August 2021.

The initial collaboration mainly focused on resource supply and functional division, but the new agreement expands NEOWIZ’s and MVG’s roles to jointly lead software development using Kangwon Land’s platform and infrastructure. The partners aim to accelerate innovation and strengthen their global competitiveness in the slot gaming market.

Having been formally signed by NEOWIZ and Kangwon Land, the new agreement establishes a development framework in which NEOWIZ and MVG jointly lead the software development process, while Kangwon Land focuses on hardware manufacturing and casino deployment.

This structure enables the three companies to build a tightly connected and efficient co-development ecosystem.

According to the agreement, Kangwon Land will own the offline slot machine software, while NEOWIZ and MVG will hold the intellectual property (IP) rights for the online slot game version.

“We are delighted to take our partnership with Kangwon Land to the next level, built on the deep trust we have established since 2021,” said George Cho, CEO & Director of MVG. “Through our integrated development partnership, we aim to introduce innovative slot content that will be recognised in the global market.”

Since their first collaboration agreement in 2021, NEOWIZ, MVG, and Kangwon Land have continuously expanded their partnership.

In 2022, NEOWIZ and MVG provided graphic and sound resources from their online slot title Shen Shou Wan Fu to Kangwon Land, which officially launched the game as a physical slot machine at its casino in 2024.

The post NEOWIZ and Kangwon Land Sign New Slot Software Agreement, Joined by Massive Gaming’s Expertise appeared first on European Gaming Industry News.