Online gambling platform Cozy Games has announced that it has signed a deal with financial group GoCoin, which allows for various crypto currencies to be used at gaming sites.
As a result of the deal Cozy Games will see the crypto currency financial group offering punters the choice of using cryptocurrencies rather than standard currencies which may face financial restrictions in certain jurisdictions.
Commenting on the deal Cozy Games CEO Seeram Reddy said, “By partnering with GoCoin, Cozy Games will enjoy a dramatic reduction in costs associated with credit card transactions, chargebacks, and cross-border fees — all without having to worry about the security, volatility or complexity of handling coins directly.”
“GoCoin’s solution is adaptable and compliant with Internet gaming law, allowing us to safely adopt the latest payment innovations while focusing on our core strength of delivering an excellent online experience for our players.”
GoCoin Co-Founder and CEO Steve Beauregard added: “By accepting cryptocurrencies through the GoCoin payment platform, regulated online gambling operators can engage new markets like the underbanked that are historically difficult to reach. Our engineers are actively working with regulators to develop clear guidelines that stay within the law while also respecting a player’s right to privacy.”
Under the terms of the agreement, Stakelogic Live will supply its entire suite of games to Relax Gaming (RG) customers via its Silver Bullet platform, which is used by some of the largest operators in the industry. The games will be made available in a variety of languages, including English, German and Finnish. Stakelogic Live launched its first game, Auto-Roulette, in December 2020 and has rapidly grown its portfolio to include a wide range of popular live casino games.
With its official launch, Games Global (GG) has cemented its position as one of the leading providers of gaming content and technology in the industry. Not only does the company's large portfolio of game titles and customer base set it apart from its competitors, but it is also bolstered by its recent acquisition of Microgaming's distribution business and game IP.
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