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PlayBit Casino Token: A Pioneering Venture in the Crypto Gaming World

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In an era where digital innovation and with technology advancing at an astounding pace. Cryptocurrencies once perceived to be an idea have now been widely adopted and accepted for both transactional and as a form of currency. Gambling as the oldest form of entertainment is not any different, with blockchain technology available, it is evitable that Crypto-Based online casinos will emerge. The Crypto gambling industry with an estimated valuation of 250 Million USD, is just a drop compared to the gargantuan gambling industry which is worth at least 93 billion USD as of 2023.

PlayBit aims to capitalize and revolutionize this industry by introducing an avant-garde tokenomics model, centered around the $PLAYBIT token, designed to optimize the gaming experience and maximize player rewards. The project’s deflationary strategy, featuring buybacks and token burns, ensures the intrinsic value of $PLAYBIT appreciates over time, directly benefiting token holders and investors and sustaining project growth.

ERC-404:

So what is ERC-404 ? It simply means it is a token standard that allows users to buy and sell fractions of NFTs, enabling broader participation in high-value assets and creating new investment opportunities.

PlayBit incorporates the ERC-404 NFT as a form of ownership by purchasing $PLAYBIT tokens, users can then stake PLAYBIT tokens which offer unparalleled benefits such as enhanced rewards, including access to exclusive games, higher cashbacks and VIP rewards within PLAYBIT’s casino platform. These innovations not only enhance the gaming experience but also provide substantial financial incentives for players.

Presale:

The PLAYBIT token presale presents a unique opportunity for early adopters to be part of PlayBit’s journey from the ground up. Benefits of joining the presale include special discounts, early access to the platform’s features, and a chance to maximize investment potential ahead of the full launch.

Full details can be found at PlayBit Casino

Sustainable Growth Through BuyBack and Burn

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Sustainability has always been a key concern for participants, how will the platform grow its revenue, how will the tokens I own appreciate with the projects grow. Therefore, a key pillar of PlayBit’s strategy for sustainable growth and token value appreciation is its BuyBack and Burn program. By allocating a significant portion of profits to repurchase and burn tokens, PlayBit ensures a steady increase in token scarcity and value, directly benefiting its community.

Strategic Partnerships and Gaming Library

With partnerships with top-tier game providers and an extensive library of over 10,000 games including but not limited to Live Casino games, slot machines, sports betting to even our very own in-house designed RNG Games with such offerings, PlayBit is set to offer an unmatched gaming experience. This expansive selection ensures that PlayBit has something for every player. PlayBit delivers quality and diversity in gaming parallels the innovative approaches seen in the market, aiming to redefine user expectations and experiences in crypto gaming.

Regulatory Compliance

Operating under a license from the Curacao eGaming Authority, PlayBit guarantees a secure, transparent, and fair gaming environment. This commitment to regulatory compliance and operational excellence is bolstered by a team with extensive experience in both the crypto and gaming industries, ensuring PlayBit’s strategic vision is executed flawlessly with a commitment to user security and fair play.

Conclusion: A Unique Investment Opportunity

As the crypto and casino worlds converge, PlayBit represents a unique intersection of innovation, entertainment, and investment potential. The project’s strategic approach to tokenomics, community rewards, and gaming diversity positions it as a notable contender in the crypto casino space, promising a vibrant future for investors and gamers alike.

More information on PlayBit website and social media.

 

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Caesars Sportsbook Accepts its First Sports Wagers in Oregon Through a Partnership with the Coquille Indian Tribe

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Caesars Entertainment Inc. accepted sports wagers in Oregon for the first time, made possible through a partnership with the Coquille Indian Tribe in Coos Bay. The ceremonial first bet was placed on Caesars Sportsbook self-service wagering kiosks inside the Coquille Indian Tribe’s premier gaming and hospitality destination, Ko-Kwel Casino Resort | Coos Bay, previously known as The Mill Casino, which now celebrates its 30th anniversary.

Caesars has enhanced Coquille’s sports viewing experience at its premier destination with a large fleet of Caesars Sportsbook self-service betting kiosks, conveniently located on the casino floor. These kiosks feature a best-in-class wagering menu with a wide array of same game parlays, player props, futures and live in-play markets. Sports fans 21 and older can enjoy the gold standard of sports wagering, including unmatched full college sports offerings which are not otherwise available on a statewide mobile basis in Oregon, reflecting Caesars’ and the Coquille Indian Tribe’s shared commitment to providing world-class experiences.

“We remain committed to supporting Indian gaming, and we’re proud to partner with the Coquille Indian Tribe to enhance their guest experience. Bringing our sports wagering offering to a new jurisdiction for the first time is always significant, and we know offering our expansive menu of sports wagering markets will undoubtedly enhance the exceptional experience that the Coquille Indian Tribe provides to its guests,” said Eric Hession, President of Caesars Digital.

“We are proud to have this iconic gaming brand join us, as both brands have represented excellence in the industry for decades. This partnership aligns perfectly with our commitment to advancing gaming opportunities and enhancing guest satisfaction. We are excited to collaborate with such a distinguished brand and look forward to creating even more memorable sports wagering experiences for our guests,” said Margaret Simpson, CEO of the Coquille Economic Development Corporation.

Oregon’s newest in-person sports wagering destination at Ko-Kwel Casino Resort | Coos Bay provides a responsible environment for guests to wager on their favourite sporting events, supported by the longstanding commitment to Responsible Gaming that both Caesars and the Coquille Indian Tribe have upheld for decades.

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Light & Wonder Completes Acquisition of Grover Gaming’s Charitable Gaming Assets

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Light & Wonder Inc. announced it has completed its previously disclosed acquisition of Grover Gaming’s charitable gaming assets for total consideration of $850 million cash, subject to customary purchase price adjustments, and a four-year revenue-based earn-out of up to $200 million cash.

“Grover Gaming has established itself as a leader in the fast-growing charitable gaming space. Bringing their assets and expertise into our ecosystem aligns perfectly with our strategy to expand into complementary regulated markets. This addition enhances our position as the leading global cross-platform games company and opens new opportunities to deliver our world-class content to even more players. We’re excited to welcome the Grover team to Light & Wonder,” said Matt Wilson, President and CEO of Light & Wonder.

“Joining Light & Wonder marks an exciting new chapter for the charitable gaming business. We’re proud of what we’ve built in the charitable gaming space, and we see tremendous opportunity to grow even further as part of Light & Wonder. Our teams share a passion for innovation and a commitment to serving customers and communities, and we’re excited to take that to the next level together,” said Brian Brown, CEO of Grover Gaming (Light & Wonder’s new division).

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Pavilion Payments Names Alyssa Beaver Senior Vice President of Sales

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Pavilion Payments Names Alyssa Beaver Senior Vice President of Sales

 

Pavilion Payments, the leader in omnichannel payment solutions for the gaming industry, has announced the appointment of Alyssa Beaver as Senior Vice President of Sales. In this role, Alyssa will lead Pavilion Payments’ brick-and-mortar sales organisation, working closely with the leadership team to drive growth and foster long-term relationships with new and existing customers. She will also be key in enhancing the company’s market footprint by cultivating strong, collaborative partnerships across product, operations, and service teams.

“We are thrilled to welcome Alyssa to the Pavilion Payments team. Alyssa has a proven track record in sales leadership, and her deep understanding of both the gaming and fintech industries will be invaluable as we continue our growth. Her customer-centric approach, strategic mindset, and collaborative leadership style will help us continue to innovate and deliver outstanding solutions to our customers,” said Dan Connors, CEO of Pavilion Payments.

“I’m excited to join Pavilion Payments at such a pivotal time of innovation and growth. I look forward to working with our incredible team to help our partners grow, enhance the player experience, and deliver meaningful value to the industry,” said Alyssa Beaver, Senior Vice President of Sales at Pavilion Payments.

Alyssa’s extensive experience in sales and marketing comes from her recent leadership role at Passport Technology, where she led the sales and marketing teams and was instrumental in driving significant revenue and organizational growth. During this time, she played a critical role in landing several major enterprise accounts and expanding the company’s market presence.

Before her work at Passport, Alyssa held senior sales positions at Apriva and gained experience at Paycom, where she built a strong foundation in fintech and SaaS solutions across diverse sectors such as education, healthcare, and military.

Her ability to build relationships, close large deals, and scale sales teams has set her apart as a sales leader. Alyssa is passionate about fostering partnerships and collaborating across teams to create customer-first solutions that drive business success. She is a graduate of Arizona State University.

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