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BITCASINO ISSUES FY-2015 REPORT
Tuesday, April 5, 2016 : BITCASINO ISSUES FY-2015 REPORT
Claims turnover of Euro 50 million.
Bitcasino.io, which claims to be the world's first legally licensed and regulated Bitcoin-only online operator, has released some impressive numbers from its Full Year 2015 activity.
* 1370 percent year-on-year turnover increase in 2015, with stakes of over Euro 50 million by end December 2015;
* Largest single win of 274 Bitcoins (Euro 100,000+) on a single spin;
* Players from over 140 countries around the world;
* Sportsbook operation launched last August has already presented over 60,000 events monthly;
* Average pay-out speed of 2.5 minutes for player withdrawals throughout 2015, which is believed to be one of the fastest in the industry;
Mark McGuinness, company spokesperson for Bitcasino.io said, “Since opening our Bitcoin casino in January 2014, we have witnessed tremendous growth.
“2015 was an important year for industry awareness and player acceptance of Bitcoin and helped bitcasino.io become the premier destination.
“Many industry observers have referred to bitcoin as a niche product and a fad. This is far from the reality; bitcoin gambling continues to gain mainstream acceptance amongst players, particularly the millennial demographic, and it will continue its growth trajectory into 2016 and beyond.”
Bitcasino.io operates under a licence issued to Curaçao eGaming, regulated by the government of Curaçao. The site offers over 800 games from 13 providers and includes live dealer action.
The company reports that it now has a staff of 40 dedicated staff, and a registered player base of over 150,000 players.
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Opap in memorandum of understanding With Inspired -
Virtual sports provider Inspired has entered into a memorandum of understanding (MOU) with Greek betting and lottery operator OPAP for the supply of its full suite of virtual sports, for integration online and across OPAP's retail network.
DeltaCorp To Acquire ace2three -
Our readers will recall Delta Corp. acquired a 26 percent stake in Gaussian Networks, parent company of India’s largest online poker operator Adda52 earlier this month
More Australian POC Taxes -
In an interview with The Australian, Tabcorp chief executive offer David Attenborough warned “global rivals” of his belief that other Australian states are moving fast to follow South Australia’s lead in implementing a point of consumption tax.
William Hill Exits Russia -
"Starting from September 23 William Hill Casino Club will terminate its activities in the Russian territory for legislatory reasons. All active customer accounts will be suspended," the advisory reportedly detailed.
Pennsylvania Online Gambling Hearing Postponed till October -
HR 2150, which includes DFS and e-gaming elements, was passed as part of the critical state budget bill by the House in June this year, with lawmakers expecting the bill to contribute $100 million annually in licensing and fees to help balance the state budget.
Two Mega Fortune Dreams Jackpots Hit -
Both Swedish players, the first lucky punter hit a GBP 100,000 jackpot playing on his mobile phone, while the second, identified as Martin, staked just 18p before netting a GBP 60,000 jackpot on the popular series thinking he was playing in demo-mode.
ASA Looking at Ladbrokes and Netbet ads -
A TV ad for Cosmo Gaming’s NetBet online casino was determined by the UK Advertising Standards Authority (ASA) as glamorising online gambling following a single complaint.
Betconstruct In Deal With Realistic Games -
BetConstruct has agreed a deal in which it will integrate a range of Realistic Games online table and slot content including blackjack, roulette and slot titles Super Graphics Upside Down, The Fruit Factory and Fireworks.
XLMedia Half 1 2016 Earnings Report -
Online gambling marketing company XLMedia, which operates websites driving players to online casino operators, delivered robust interim results for the first half of 2016, attributing its success to investment in technology.
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