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Understanding The Role of Cryptocurrency in the Gambling Industry
With billions of dollars wagered each year, the online gambling business is one of the largest in the world. The gambling industry is always being redesigned and redefined. The majority of them are the product of technological advancements and the requirement to cater to various types of players. Because they seek to fulfil the new demands of the ever-changing online gaming business, many gambling platforms embrace technical breakthroughs and the latest trends.
Many industries are always wary of accepting new developments too quickly because they are unsure of their long-term consequences. Others are waiting to see how they will impact industries that are quick to accept them. Yes, The fear of risk!
Players face legal constraints, as well as fraud and cheating by other players and shady operators, and must rely on third parties to verify that games and monetary transactions are fair. Consumers and operators will pay more for online gambling as a result of these procedures, checks, and balances, which will limit their options. Betfury.io, A Bitcoin Casino has been introduced as a platform with crypto solutions based on blockchain. We will see below how betfury is taking advantage of cryptocurrency.
What is Blockchain?
Blockchain technology is a cutting-edge framework that has the potential to redefine transactions and change the way we connect and do business. Blockchain, the technology that underpins cryptocurrencies like bitcoin, allows for the recording of transactions in a secure, protected ledger using a distributed, networked database structure safeguarded by hashing power. This enables transactions to take place without the use of an intermediary that are permanent, unchangeable, anonymous but transparent, and ‘trustless’ – that is, transactions that take place without the potential of interference.
Now, you must be well aware of cryptocurrency, as it’s a hot topic these and it’s all blockchain. Also, you are in luck today if you are a gambler who is also interested in cryptocurrencies.
Role Of Cryptocurrency in the Gambling World
Cryptocurrency is a digital currency with strong cryptographic security. It exists only in a virtual sense, which means it is intangible. Cryptocurrency is decentralized since it is based on blockchain technology. It makes use of blockchain technology to give the best digital banking services.
For players, operators, and regulators, we explain how blockchain technology and cryptocurrencies are revolutionizing the gaming business. Betfury.io is making a huge difference from the traditional casinos by integrating the crypto world.
Bitcoin and online gaming offer a safe, secure, rapid, and comfortable environment for transactions. Because of these factors, online casinos and gambling sites have grown in popularity.
Main benefits that cryptocurrencies can transform the industry includes:
- Instant transactions: Cryptocurrencies can make the transactions happen quickly (near-instantaneously), including automatic and prompt withdrawals and/or deposits.
- Non-reversible Transactions (no chargebacks)
- Low overhead fees (no deposit or withdrawal fees): allowing bitcoin casinos to have a very low house edge.
- Players Anonymity: can maintain their anonymity, allowing them to circumvent rules (for example, betting in locations where gambling is illegal).
- Nothing to handle (e.g. accounts)
Enhanced Safety
Because blockchain technology is one of the safest ways of performing transactions online, you can do all of your transactions and even share your confidential info with crypto without danger of them being leaked.
Furthermore, with blockchain technology, it is impossible to tamper with your transactions. Many gamblers prefer to bet in privacy, and using any sort of cryptocurrency allows them to make anonymous deposits.
Better Credibility
Players can benefit from safe deposits and withdrawals, quick transactions, and a more immersive gaming experience when they use cryptocurrency.
It’s no surprise that a slew of crypto casinos and sports betting sites have popped up to take the place of operators who still use fiat currencies and regular banking methods.
Increased Bonuses & Promotions
Because crypto transactions are end-to-end, they are less expensive to process. There are no middlemen involved in sending or receiving crypto currencies. This is why online casinos that take cryptocurrencies provide their customers with some of the best incentives and promotions. For both the operators and the gamblers, this is a win-win situation.
The incentives are better since they have player-friendly terms and conditions, such as wagering requirements that are simple to meet. This means that if you win with your bonus, you can easily convert your free credits into real money, which you may withdraw or spend to continue playing.
House Edge
If you’ve ever visited a brick-and-mortar casino, you’re familiar with this term. Here, the winner must pay the casino owner an average amount. As a result, the winner is frequently required to give the casino owner a significant portion of their winnings. This difficulty is remedied by the use of cryptocurrencies, as the winning money is directly credited to the winner’s account. Notable development – The blockchain application in gambling is not only a fad; rather, there has been significant progress in this industry.
Final Thoughts
Online casinos and cryptocurrency are two technological innovations that have been put together for better outcomes. Crypto casinos and betting sites provide a plethora of advantages. Players will benefit from a safer gambling environment, better bonuses and promotions, faster withdrawals, and instant deposits as a result of this.
Latest News
Expanse Studios Secures Romanian Class 2 B2B Gaming License
Reading Time: 2 minutes
Expanse Studios, a B2B iGaming content provider and subsidiary of Golden Matrix Group Inc. (NASDAQ: GMGI), has been granted a Class 2 license by Romania’s National Gambling Office (ONJN), authorizing the company to distribute specialized gaming software across one of Europe’s fastest-growing regulated markets.
The license, granted under Decision No. 273, enables Expanse Studios to provide its portfolio of proprietary slot games, crash games, and casino content to licensed Romanian operators. This approval positions the company to serve a market that generated approximately €600 million in gross gaming revenue in 2024 and maintains one of Europe’s highest channelization rates at over 90%.
Strategic Entry into High-Growth Regulated Market
Romania represents one of Eastern Europe’s most dynamic iGaming jurisdictions, with internet penetration reaching 88% of its 19 million population and a regulatory framework that has attracted over 50 licensed operators. The market has demonstrated consistent growth, with total industry turnover exceeding €2 billion in 2023, reflecting a 15% year-over-year increase.
The Class 2 B2B license allows Expanse Studios to distribute content to Romania’s licensed B2C operators without establishing a Romanian entity or paying Romanian corporate taxes, while providing access to a market where mobile gaming dominates and player engagement continues to accelerate.
Romania’s stringent licensing requirements under Government Emergency Ordinance 77/2009 make ONJN approval a significant credential for B2B providers. The regulatory framework emphasizes technical compliance, player protection, and operational transparency—requirements that align with Expanse Studios’ existing European operations across 1,300+ casino brands.
“Securing ONJN approval validates our technical capabilities and regulatory compliance standards in one of Europe’s most demanding jurisdictions,” said Damjan Stamenkovic, CEO of Expanse Studios. “Romania offers substantial distribution opportunities through licensed operators serving a tech-savvy player base with strong engagement metrics. This license strengthens our European B2B footprint and demonstrates our ability to meet the compliance requirements of mature regulated markets.”
Expanding B2B Distribution Infrastructure
The Romanian license complements Expanse Studios’ recent European partnerships, reflecting accelerating demand for the company’s content across regulated jurisdictions. With 56 proprietary titles including Super Heli, Titan Roulette, and Wild Icy Fruits, Expanse continues scaling its high-margin B2B operations across Europe, Latin America, and North America.
Romania’s market characteristics—including preference for mobile platforms, strong affinity for slot content, and established payment infrastructure—align well with Expanse Studios’ content portfolio and distribution model. The company’s games will be available to Romanian operators seeking certified, compliant content for their licensed platforms.
This license approval reinforces Golden Matrix Group’s broader strategy of expanding regulated B2B operations in jurisdictions with transparent licensing frameworks and sustainable growth trajectories.
The post Expanse Studios Secures Romanian Class 2 B2B Gaming License appeared first on European Gaming Industry News.
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League of Legends Fans Flock to Munich for a Thrilling Edition of Red Bull League of Its Own 2025
Reading Time: 3 minutes
- Red Bull League of its Own 2025 saw Europe’s finest and global icons collide in a showcase of skill, creativity, and pure entertainment, marking another standout chapter for the one-of-a-kind tournament series
- Featuring some of the wildest matches ever played, highlights include G2 securing a huge 45-16 kills against T1 and Los Ratones facing off and beating T1 for the second year in a row
- MSI returned with its MSI Gaming Arena, joined by Sony INZONE as official headset partner and Herman Miller Gaming as official gaming chair partner
A new chapter in European esports history was written this weekend as Red Bull League of Its Own 2025 lit up Munich’s iconic SAP Garden, welcoming over 11,500 live attendees and countless online viewers for a full day of spectacle, strategy, and pure passion. The lineup read like a who’s who of League of Legends greatness – with reigning world champions T1 facing off against Europe’s most celebrated squads, including G2 Esports, Karmine Corp, NNO Old, and Los Ratones. Each team brought their signature flair, creative strategies, and unforgettable personalities, setting the tone for a day filled with unforgettable clashes.
Returning for its third edition, the one-of-a-kind event brought together these global legends and European fan favourites for a show built on daring play. For the first time, the stage was set in Munich’s state-of-the-art SAP Garden, transforming the city’s Olympic Park into a high-energy esports arena that buzzed with anticipation from the opening match to the closing moments. Fans were treated to a thrilling slate of best-of-one showdowns throughout the day, that kept the pace sharp and the competition unpredictable.
G2 Esports and NNO Old opened the event, with G2 coming out on top as attendees witnessed the team setting the tone for the day-long tournament with a huge KDA spike right off the bat. Match 2 saw Karmine Corp emerging victorious after a rigorous battle with Los Ratones, establishing themselves as one of Europe’s strongest. However, G2 pulled no stops showcasing why they are the leading European team in match 3, dominating the match against Karmine Corp and earning them the European title match.
Next came the clash of the titans which saw T1 facing off back-to-back against Europe’s best. G2 Esports vs T1 saw Steven “Hans Sama” Liv dropping 18 kills, resulting in G2 Esports slamming T1 with 45-16 kills in an unprecedented and shocking twist. T1 managed to scrape back after their previous loss, with Faker landing his signature outplays and bringing the team to victory against NNO Old. Then finally the showdown everyone was waiting for: the rematch between Los Ratones and T1. The battle was relentless and the most dominating, lightning-paced showmatches of the day, with 81 kills seen in 28 minutes. T1 countered with their signature flair but Los Ratones proved their might once more, driving T1’s base and closing the show in an absolute tailspin. Each match pushed competitors to their limits, celebrating the creativity and spontaneity that make Red Bull League of Its Own, unlike any other tournament in the scene.
Dynamic host Sjokz led the charge, guiding fans through every twist and turn of the event with trademark charisma and energy. The atmosphere inside SAP Garden was electric – a seamless blend of top-tier esports production, immersive visuals, and a fan community united in their love for the game. Whether watching from the front row or on stream, viewers experienced the full force of Red Bull’s commitment to pushing competitive gaming beyond the ordinary.
By the end of the day, Red Bull League of Its Own 2025 had once again proven why it stands as one of the most unique and beloved events in the League of Legends calendar. With moments that had fans holding their breath, the event captured the true spirit of modern esports – bold, unpredictable, and endlessly entertaining. From cheering for their favorite pros to discovering new matchups and witnessing once-in-a-lifetime plays, fans left Munich with memories to last long after the lights went down, with anticipation already building for what the next edition of Red Bull League of Its Own will bring.
The post League of Legends Fans Flock to Munich for a Thrilling Edition of Red Bull League of Its Own 2025 appeared first on European Gaming Industry News.
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Sapyns delivers company events at ICE & iGB Live!
Reading Time: < 1 minute
Sapyns, a Barcelona-based business event organizer with over thirty years of experience, has expanded its already impressive service offering ahead of ICE and iGB Live! 2026.
Following a highly successful year, during which Sapyns organized various ICE-related events on behalf of Gaming in Europe, Gambling Insider, Mindway AI, Continent 8, Commit, Crucial Compliance, and Eurocoin/Novomatic, the event organizer now offers an even greater range in customization options and creative entertainment solutions for your company event.
If you are looking to entertain your business relations during or around ICE week 2026 (February 18-21), Sapyns may have the solution for you.
Whether you are looking to host a high-end intimate dinner or a large-scale corporate party, Sapyns will be able to find the perfect location and setting. Optional services include branding, event staffing, live music, DJs, flamenco performers, and other creative solutions.
Why Sapyns?
- Sapyns is a Barcelona-based event agency with long-standing local connections and know-how.
- Sapyns offers a wide range of events and options, including dinners, receptions, networking drinks, and other parties. Whether you aim to entertain fifty or one thousand guests, Sapyns has the solution for you.
- Sapyns is the agency behind the well-known Gaming in Europe events (Gaming in Holland, Gaming in Germany, Gaming in Spain).
- Sapyns co-founder Willem van Oort is a thirty-year event veteran who has successfully organized hundreds of large and small events across Europe.
Additional information & contact
If you would like more information, please visit our website or email us directly:
The post Sapyns delivers company events at ICE & iGB Live! appeared first on European Gaming Industry News.
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