Elray Resources enters into partnership with Maxibet
The blockchain casino will operate globally under the brand name Maxibet and has been granted a license in Curaçao.
Online crypto gaming technology developer Elray Resources has completed its first gambling operator agreement with Maxibet Technology. The blockchain casino will operate globally under the brand name Maxibet and has been granted a license in Curaçao.
The agreement will give the developer and licensor of online game platforms, systems and game content exclusive rights to deliver all game content to Elray Resources’ customers. The move reflects the ever-evolving gambling landscape’s decision to embrace cryptocurrencies, leading crypto casinos to take a significant share of the worldwide gambling market.
Crypto casinos have enjoyed a recent boom in popularity due to the high degree of anonymity they offer, allowing users to keep their gambling habits private as well as improving the speed and security of their transactions.
In fact, recent studies show that crypto payments represent 25% of all online gambling payments with the crypto gambling industry predicted to reach $93 billion by 2024. While not a first of its kind, Maxibet will surely give other Bitcoin no deposit bonus codes a run for their money … or, perhaps more appropriately, crypto.
The history of cryptocasinos
Cryptocasinos have been around for over a decade now with the first cryptocasino, Satoshi Dice, a tribute to the mysterious creator of Bitcoin, Satoshi Nakamoto, opening back in 2012. The launch came 3 years after Bitcoin’s whitepaper hit the Internet and became the first casino to implemented Bitcoin payments and has the famous dice game Satoshi.
Players from all over the world can bet with Bitcoin and play their favorite casino games without using more than one BTC wallet. No registration was required, all bets were taken as BTC transactions, with separate addresses for each payout multiplier. But while it was a success after its inception, Satoshi Dice was forced to drop support from American players due to a series of legal notices.
Despite this obstacle, SatoshiDice laid the groundwork for more cryptocasinos to follow, not only creating the perfect playground for crypto enthusiasts, but also offering a gambling lifeline for individuals living in countries or regions with restrictions against gambling. As such, individuals living in countries such as Poland can benefit from the anonymity of cryptocurrency. In addition, most traditional online casinos now also accept Bitcoin as well as other cryptocurrencies often as payment methods.
Advantages of cryptocasinos
Cryptocasinos have revolutionized the online gambling industry we have come to know and love, changing how players can access sites and play with real money. They offer increased security and safety that goes a step further than your average online casino by using blockchain technology, making it impossible to change or manipulate transactions being processed. Users also remain 100% anonymous, so there is no fear of identity theft.
Being decentralized cryptocurrencies are not controlled by any government or financial institution as such, they appeal to players who do not trust these regulatory bodies. Another major advantage of cryptocasinos is that they offer faster and more secure transfers than traditional payment methods such as credit cards or bank transfers. As such, it is easier for players to deposit and withdraw money.
The future of cryptocasinos
The gambling industry is always at the forefront of new technology as it seeks to improve the player experience as such, we can expect to see more cryptocasinos being established over the next couple of years. The industry cannot ignore the impact these casinos will have as players look for faster payments, improved security and better transparency.
The latest gambling statistics don’t lie, with some of the best bitcoin casinos on the market already having hundreds of thousands of active players from all corners of the world. Interest in cryptocasinos doesn’t seem to be waning anytime soon, so it will be exciting to see what Elray Resources’ partnership with Maxibet will bring.
About Elray Resources
Elray Resources, Inc. is a technology and marketing company. The product suite includes Elray ERP, Elray Analytics and Elray Marketing Simplified (EMS). Elray ERP functions as a comprehensive set of integrated applications that provide a foundation and platform for collecting, storing, managing and interpreting data from various business activities. The company’s business management software streamlines business practices to optimize return on investment.
Elray Analytics offers an easy-to-use business intelligence platform capable of performing complex analyses. By producing detailed reports and visual displays of business performance, the platform turns data into information. EMS allows customers to execute and monitor their marketing campaigns using a simple web interface that leverages popular marketing and email formats.
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