• Slotegrator and Cubits Hosting Cryptocurrency Webinar

    11 April 2017

    Slotegrator and cubits hosting cryptocurrency webinar

    The topic of cryptocurrencies like bitcoin in the online casino industry has almost exclusively been discussed from the perspective of someone who would be playing in the games and what the pros and cons are from that point of view. However, Slotegrator and Cubits are coming together to host a special April 21, 2017 webinar that will discuss the online casino operator's perspective of the same topic, and it's definitely an educational event that many people will not want to miss.

    Speakers and Topics

    The two speakers for this webinar are Vadim Potapenko, a Development Manager at Slotegrator, and Cubits CCO Maxium Krupyshev. Potapenko will be talking about bitcoin as a popular payment method and regulatory attempts to control the circulation of same. Krupyshev, on the other hand, will look at the problems with using bitcoin and other cryptocurrencies at casinos and how the process of integrating these payment methods into the operation works. This includes the risks of offering bitcoin as a deposit and withdrawals method, which will include a discussion of security as well.

    Importance of Bitcoin in Today's Industry

    Bitcoin is the most popular cryptocurrency out there today, and it's a banking option at a wide range of different casinos. What players love about it is that it offers privacy and lower fees in exchange for a bit of a learning curve, and more sites have been offering it each year as an option as a result. While it's not to the point of being as popular as credit cards and electronic wallets, it very well could reach that level in another few years, which is why it's such an important topic at this stage of the game.

    Where Bitcoin is Headed

    Right now, bitcoin is in an interesting spot when it comes to the online gambling world as a whole. It's gained enough popularity that most players at least know about it, but it's not yet available in an overwhelming percentage of sites. That could change as more sites adopt it, but we're still not far enough along to know if it's going to die out due to overregulation, etc. This upcoming webinar is a good chance to learn more about what's likely to happen with this cryptocurrency.

    Sources

    Press Release, Slotegrator and Cubits Are to Tell Why Online Casinos Prefer Cryptocurrency slotegrator.com, April 6, 2017

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