• BetSoft Pairs With CoinGaming.io for Bitcoin Releases

    20 November 2015

    Bitcoin betsoft

    When bitcoin's popularity really went through the roof in 2014, players and industry experts realized that the cryptocurrency could be used to fund deposits and withdrawals for online casinos. Bitcoin casinos sprung up afterwards, but a lot of them had limited software selections. This doesn't seem like it's going to be an issue for CoinGaming.io after a new deal with BetSoft will have them offering some of the best content in the industry today.

    Details on the CoinGaming.io Deal

    BetSoft is known for their high-quality slots, especially their 3D line called Slots3, and these games are going to be released at CoinGaming.io in special bitcoin-enabled versions. This is a pretty big deal because of how the virtual currency works and how its users are very particular about the denominations of "mBTC" used. mBTC stands for micro-bitcoin, and it's similar to how dollars uses cents as a smaller portion of the currency that's one-hundredth of the value of a dollar except a mBTC is one-thousanth of a bitcoin.

    BetSoft's Expansion

    Something that really doesn't need to be missed here is the fact that BetSoft is expanding once again in ways that we haven't really anticipated. If you look at the past history of this company, and if we're being honest, the history of many of the top software providers, they haven't really been taking bitcoin-powered games all that seriously. This move seems like it's coming out of nowhere because of this history, and that makes it incredibly interesting.

    The Place for Bitcoin

    The place for bitcoin in the online gambling industry is still being decided. The most popular way of handling bitcoin right now is to allow players to deposit in the virtual currency but to have it instantly converted into another currency like USD. Upon withdrawal, this USD balance can be converted back to bitcoin at whatever the exchange rates are at the time. The idea is that this approach avoids a lot of the volatility that the currency has seen in the past, and it protects the value of player balances. No one wants to deposit $200 worth of a currency only to find out it's only worth $150 a few days later, and that's what can happen with the way bitcoin's value fluctuates without this conversion approach.

    Related News

    • Pragmatic play delivers its bingo product to romania

      Gambling News

      Pragmatic Play Delivers Bingo Product to RomaniaIvan Stefanovic27 July 2021

      Pragmatic Play, an online casino provider, presented its bingo product in Romania in partnership with Princess Casino. According to the deal, Crowd Entertainment will deliver the casino’s players the entire Pragmatic Bingo portfolio, which includes the popular Bingo Blast. The developer reached another milestone with its growing library of casino games.

      Read full article
    • Microgaming established partnership with doubleup group

      Gambling News

      Microgaming Establishes Partnership with DoubleUp GroupIvan Stefanovic18 June 2021

      Microgaming has entered into a partnership with DoubleUp Group under which the game provider will distribute its set of games to Doggo Casino. They will integrate the online casino with the leading developer's platform, which enables them access to the most popular games in the industry. DoubleUp Group was established in 2020 and operates from headquarters in the Netherlands. The company has grown fast and now they are working together with the team in Malta.

      Read full article
    • Betsoft brings back safari sam 2

      New Online Slots

      BetSoft Brings Back Safari Sam 2Ivan Stefanovic21 May 2021

      Original BetSoft slot, Safari Sam, was released in 2012. Safari Sam 2 follows the original version in 2021, and the adventure starts in the African savannah with the most famous hunter. However, a few changes have been made and now the Wild Girl has joined Sam in his quest for the mainland's wildlife. The original game's graphics are still nice and can compete with many other titles, but this sequel goes even further.

      Read full article