Canada
What caused the growing popularity of cryptocurrency casinos in Canada?
Since they first appeared, cryptocurrencies have been increasingly popular. Today, a variety of online businesses, including online gaming, allow you to use Bitcoin. The emergence of cryptocurrency gambling sites coincided with their acceptance by the casino sector. The use of Bitcoin as a payment option is now simple for players.
Since gambling is now permitted in Canada, many gamers are switching to online casinos to play their preferred games. Due to the numerous advantages, people are currently hunting for crypto gambling services as well. In Canada, Bitcoin is now the most popular cryptocurrency. Players can, however, also utilize different currencies like Shiba Inu and Ethereum. Here are a few explanations for why Canadians are playing at more and more crypto casinos.
The Appearance of a Canadian Crypto Casino
Numerous casinos accept cryptocurrencies as payment, despite the fact that this is still a relatively new practice. Every nation is seeing an increase in the number of crypto casinos, and Canada is not an exception. When it comes to Bitcoin sites, Canada is at the forefront. Due to its numerous advantages, Bitcoin is often used in online casinos by Canadian players who have access to a variety of cryptocurrency gambling sites.
Other cryptocurrency-accepting casinos are attempting to catch up as Bitcoin gambling continues to grow in popularity in Canada. Anything that promises to make playing online casino games more enjoyable for Canadians, such as the adoption of cryptocurrencies, is eagerly welcomed.
How Do Crypto Casinos Work?
Similar to traditional online casinos, crypto websites operate online. Players may open an account, deposit money after completing the Winz casino login process, and play games to earn winnings. The fundamental distinction is that bitcoin is the principal form of payment in crypto casinos. This indicates that users of Bitcoin, Ethereum, and other cryptocurrencies may deposit and withdraw money.
Blockchain technology, which is the foundation for most crypto casinos, has a number of benefits over more conventional online ones. Due to the fact that all transactions are tracked on the blockchain, blockchain-based casinos are frequently more transparent than traditional internet platforms. As a result, gamers may be confident that their money is safeguarded.
Advantages of Crypto Casinos
The evolution of online casinos will continue, and they have a very promising future. Any coin may be used for games, and players can stay anonymous. Due to a number of key and influencing variables, crypto casinos are the future of the gaming sector.
Privacy and Security
When it comes to online gambling, security and privacy are two of the most crucial considerations. You want to be certain that your private and sensitive financial information won’t get into the wrong hands. Because cryptocurrencies employ cutting-edge blockchain technology, you can be guaranteed that transactions with them are secure.
Quick Transactions
Fast transfers are another factor contributing to the growth of crypto casinos in Canada. Due to the way distributed technology functions, both deposits and withdrawals happen extraordinarily quickly. In contrast to conventional banks, cryptocurrencies do not have a middleman that must authorize transactions before they get to the recipient’s account.
Low Fees
The fees at crypto casinos are often cheaper than those at regular internet ones. This is because the transactions do not involve any third-party processors. These elements combine to make cryptocurrency casinos a highly alluring choice for Canadian gamblers. And given that online gambling has recently been made legal in the nation, it is probable that this industry will continue to expand in the years to come.
Gambler Anonymity
The eligibility of players for credits and incentives is sometimes restricted by bank policies and guidelines. On websites that offered to gamble, the majority of users utilized fiat money, making it simple for banks to seize those funds. Due to the anonymity of their transactions, players may enjoy their favorite casino games without being concerned about being evaluated.
Conclusion
Summing up all of the above, we can understand that crypto casinos in Canada are really very popular. But even so, such popularity has no limits, and crypto platforms for gambling continue to attract a large number of gamblers. This type of website is not only in great demand, but also incredibly safe and anonymous for every person. Cryptocurrency casinos truly are the future of the gambling industry.
Canada
Playân GO announces partnership with Canadian operator Loto-QuĂ©bec
Playân GO, the worldâs leading casino entertainment provider, has today announced a partnership with Canadian operator Loto-QuĂ©bec, launching the Swedish gaming giantâs games into another Canadian province.
Already active in another Canadian province , this partnership sees Playân GOâs content available in the province of QuĂ©bec exclusively with Loto-QuĂ©bec, a state-owned corporation, where online players now have access to titles such as Tome of Madness.Â
Magnus Olsson, Chief Commercial Officer, Playân GO said: âAt Playân GO, we have always been clear in our vision to be active in every regulated market in the world, and this partnership with Loto-QuĂ©bec is the next step on that journey.
âOur past success in Canada gives us confidence that players in QuĂ©bec will enjoy the best Playân GO content, and we look forward to many years of success with Loto-QuĂ©bec in the province.â
StĂ©phane Martel, Head of Product and Innovation at Loto-QuĂ©bec added: âAs the sole iGaming operator in QuĂ©bec, we pride ourselves on offering titles that truly add value to our platform, lotoquebec.com. We are happy to bring Playân GO games to our players.â
Canada
Court Decision Upholds iGaming Ontario’s Model
iGaming Ontario has welcomed the decision of the Ontario Superior Court, which found that iGaming Ontarioâs model is consistent with the Criminal Code and that iGaming Ontario is conducting and managing igaming in the province.
âWe have always been confident in our model and are pleased that the court has ruled in our favour, and that Ontarians can continue to play with confidence in our regulated igaming market,â said Martha Otton, Executive Director of iGaming Ontario.
âOntarioâs model meets the requirements and contributes to the public good by protecting players, their data and their funds, while helping to fund priority public services in Ontario, and bringing well-paid, high-tech jobs and economic development to Ontario,â Otton added.
In dismissing the application brought forward by the Mohawk Council of KahnawĂ :ke (MCK), the Superior Court found that iGaming Ontario is the âoperating mindâ behind Ontarioâs competitive igaming market in accordance with the conduct and manage requirements of the Criminal Code.
iGaming Ontario will continue to conduct and manage igaming as it has since the launch of the regulated market on April 4, 2022.
Canada
Bragg Gaming Appoints Renowned iGaming Executive Neill Whyte as Chief Commercial Officer
Bragg Gaming Group, a global iGaming technology and content provider, announced that Neill Whyte has been appointed as Chief Commercial Officer (CCO), effective 1st May 2024, establishing a new global commercial structure at the Company and bolstering its leadership team.
Whyte brings over 18 years of experience in the iGaming sector, most recently in the role of Chief Commercial Officer at Digital Gaming Corporationâs (DGC), B2B iGaming Division. After joining DGC in early 2020, he was responsible for the commercially successful launch and growth of its content distribution business in the US.
Prior to joining DGC, Whyte held multiple positions in the gaming industry including as Head of Business Development at Isle of Man-based iGaming specialist Apricot Investments, as Board Member at Swedish iGaming product and Lottery content distributor Genera Networks, and in various senior roles over eleven years at leading iGaming content supplier Microgaming, including as Head of Product Channels.
In his new role with Bragg, Whyte will be tasked with leading the Companyâs global commercial teams to drive growth across all of the Companyâs product verticals which include proprietary online casino content from its Atomic Slot Lab, Indigo Magic and Wild Streak Gaming studios, exclusive content from content partners, HUB a leading casino content aggregation platform, Fuze player engagement, as well as its award-winning player account management (PAM) platform and turnkey solutions.
MatevĆŸ Mazij, Chief Executive Officer at Bragg, said: âI am very pleased to be announcing today the appointment of Neill Whyte as Chief Commercial Officer at Bragg. His iGaming product and market knowledge, together with his record in driving growth from developing successful and mutually beneficial commercial partnerships are exceptional.
âAs we leverage our broad content and product portfolio to grow in existing and new markets, including in the United States, Canada, Latin America and Europe, Neillâs unique combination of knowledge, skills and experience in this sector are a perfect fit for our ambitions at Bragg.â
Neill Whyte, Chief Commercial Officer at Bragg, said: âItâs an honor to join MatevĆŸ and the wider teams at Bragg already in place across North America, Europe and in India. I have been impressed with the depth and quality of the content, product and technology offerings at Bragg, and its ability to rapidly adapt, certify and deploy this content and technology in newly regulated markets is a distinct advantage.
âWe also have a huge opportunity to grow our footprint with our existing customers in markets in which we are already established. Our content and product roadmaps are second to none, and Iâm planning to get on the road in the coming weeks and months to meet the team and our customers and to start building for the next stage of mutual growth. I canât wait to get going.â
-
Gambling in the USA4 days ago
XSOLLA RELEASES QUARTERLY â INSIGHTS REPORT ON THE FUTURE OF GAMING AND GAME DEVELOPMENT: A PRELIMINARY ANALYSIS OF SPRING 2024 METRICS AND UPCOMING TRENDS
-
Latest News4 days ago
WA.Technology Announces Membership with AIEJA in Mexico
-
Latest News5 days ago
Aposta Ganha strengthens LatAm sports betting market integrity with IBIA membership
-
Latin America6 days ago
The Argentine Football Association and Kaizen Gaming announce Betano Liga Profesional de FĂștbol
-
Gambling in the USA3 days ago
Detroit Casinos Report $109.44M in April Revenue
-
Press Releases2 days ago
Q1 2024 Commercial Gaming Revenue Sets New Quarterly High, Marks 13th Straight Month of Industry Growth
-
Latest News5 days ago
Playtech games now available to players in Argentina via PlayUZU
-
partnerships5 days ago
1X2 Network boosts US roll-out with BetMGM deal