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meVu bets big on blockchain-based social gambling
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Kelvin Coelho, CEO of meVu, a blockchain-based social betting platform, sees big things going to happen in the world of blockchain-based social betting. He says: “Blockchain is the future of gambling.”
To start with, it is a decentralised betting platform. There is no one running a sportsbook, collecting money, or then distributing the money to the winners. It is basically people against people. Betting markets are created and settled by blockchain-secured smart contracts which collect the bets and redistribute the winnings in a provably fair and transparent manner almost as soon as the outcome is reported.
Coelho lists the advantages: “But it is not only the transparency and fairness brought to betting that will spur demand for blockchain-based betting platforms. The blockchain represents the future of gambling for a whole host of reasons. First, there is liquidity. In traditional betting, to operate a sports-book, you generally need to start out with at least $300,000 in liquidity, and likely more, to run your own markets. With a blockchain platform, every participant becomes a potential market maker if they choose to.”
meVu is entering a crowded market. As many as 120 ICOs have come to market over the last two years. The annual global market share is valued at $60 billion.
That figure does not take into account the sums which change hands in an industry in which 99% of all bets placed are done so illegally, according to one study reported in Forbes magazine.
Whilst such platforms do exist already on the internet, they fall prey to two major disadvantages – they are locked into single jurisdictions and they are, as a result, subject to the actions of external actors who may want to close down or restrict the markets being proposed.
Once again, blockchain technology – with its ability to create a platform-native cryptocurrency that can trivially facilitate access to a global, borderless market along with anonymity – is set to offer the kind of improvements that make it a natural fit for the gambling industries.
Whilst others call into question the ability for DLT tech to disrupt certain industries, for gambling the question appears to be one of when and no longer if.
Source: icoexaminer.com
Source: Latest News on European Gaming Media Network

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DATA.BET Partners with Genius Sports
DATA.BET, a trusted sportsbook solution, incorporated official sports data into its comprehensive betting solution. The collaboration has already gone live, providing the company’s clients access to industry-leading in-play betting content via Genius Sports, delivered in official partnership with hundreds of sports leagues worldwide.
The partnership allows the integration of Genius Sports’ fast and reliable content into the recently presented sports portfolio. The company holds exclusive data rights agreements with major sports leagues and federations worldwide, including the English Premier League, EFL, NFL, and numerous others. This ensures the highest standards of accuracy, content quality, and availability of real-time data and streams, as well as minimizing bet delays – critical factors for betting operators in today’s market.
Through this collaboration, DATA.BET will deliver reliable and high-quality sports content with the lowest bet delay on the market to its clients. The integration spans major leagues in football, basketball, tennis, American football, and extends to niche competitions including Australian rules football, squash, and rugby. Beyond raw data, the partnership also includes the usage of advanced Widgets that display live match progress, on-field action updates, and comprehensive performance analytics. Сombined with integrated Video Streams, it creates an immersive betting experience that keeps users engaged throughout matches.
This partnership proves the company’s commitment to delivering a high-quality product powered by official data to serve clients requiring comprehensive coverage across all betting verticals.
“The integration with Genius Sports enables us to deliver premium sports content that significantly expands and strengthens our clients’ offerings,” said Otto Bonnig, Head of Sales at DATA.BET. “We’re ensuring the speed, reliability, and content quality that operators need to compete effectively. This partnership reinforces our commitment to providing comprehensive, best-in-class product solutions across all betting verticals”.
The post DATA.BET Partners with Genius Sports appeared first on European Gaming Industry News.
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ZITRO STRENGTHENS ITS COMMITMENT TO QUALITY WITH A NEW CORPORATE POLICY
Zitro has implemented a comprehensive corporate policy to establish a cross-cutting management model, ensuring operational excellence, sustainability, and a positive user experience across all business areas and markets.
Based on international standards, including ISO 9001, ISO 27001, as well as environmental indicators like ISO 14064-1 and ISO 14067, this policy establishes a common framework that unifies criteria, procedures, and best practices across all areas of the organization. It reinforces the company’s commitment to quality, information security, environmental sustainability, business ethics, and continuous improvement.
Among the fundamental pillars of the system are:
- Constant innovation in product design to ensure an accessible, secure, and intuitive experience.
- Strengthening digital security and data protection to the highest standards.
- Adopting sustainable practices at all stages of the product life cycle.
- Actively promoting a safe, diverse, ethical work environment committed to professional development.
- Ensuring regulatory compliance, conducting regular audits, and adopting agile methodologies to foster innovation and continuous improvement.
With this policy, Zitro strengthens its management model and consolidates its commitment to quality, innovation, and sustainability.
The post ZITRO STRENGTHENS ITS COMMITMENT TO QUALITY WITH A NEW CORPORATE POLICY appeared first on European Gaming Industry News.
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1spin4win farewells summer with a bright new release, Lucky Safari Hold and Win
As summer comes to a close, 1spin4win brings a new adventure-themed slot, Lucky Safari Hold and Win, to its extensive collection of 150+ games. The title boasts all the provider’s signature style features — quality mathematics, simple mechanics, engaging graphics, and the timeless appeal of pure gambling. This makes the release a perfect choice for all types of players.
Lucky Safari Hold and Win is a classic 5×3 slot that offers an exciting treasure-hunting journey into the depths of the endless savanna. Traversing 243 sun-drenched ways, players collect winning combinations featuring the grassland’s proud residents — graceful giraffes, swift zebras, wily hyenas, and the kingly lion. Rewards up to x1,300 of the original stake fill every spin with untamed excitement.
The safari takes an even more intense turn when the Hold and Win Bonus takes over the reels. The ultimate quest for savanna riches — the x100 and x1,000 roaring Jackpots — begins when three or more gold Coins land on the reels in a single spin. Players start with three respins and continue the treasure hunt until they either run out of respins or complete the grid.
Olga Bogdanova, the Art Director at 1spin4win, shared, “We create games that appeal to every taste! This time, we’re taking players on a journey through Africa, showcasing its stunning wildlife and vibrant landscapes, all accompanied by the generous Hold and Win mechanic that boosts chances to claim precious rewards in the bonus round.”
Thanks to its colorful, lifelike visuals and engaging, straightforward gameplay, Lucky Safari Hold and Win has everything it takes to become 1spin4win’s most memorable summer release.
About 1spin4win
1spin4win is a fast-growing game provider founded in May 2021 by ambitious developers with over 15 years of experience in the gambling industry. Since its inception, the company has expanded its portfolio to include over 150 classic online slots, all characterized by quality mathematics, transparent mechanics, and well-balanced gameplay — key factors that drive strong player retention. The studio aims to release an average of four new games each month in 2025 and offers effective promotional tools for casino operators to help them enhance player loyalty.
The post 1spin4win farewells summer with a bright new release, Lucky Safari Hold and Win appeared first on European Gaming Industry News.
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