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Understanding The Role of Cryptocurrency in the Gambling Industry

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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:

  1. Instant transactions: Cryptocurrencies can make the transactions happen quickly (near-instantaneously), including automatic and prompt withdrawals and/or deposits.
  2. Non-reversible Transactions (no chargebacks)
  3. Low overhead fees (no deposit or withdrawal fees): allowing bitcoin casinos to have a very low house edge.
  4. Players Anonymity: can maintain their anonymity, allowing them to circumvent rules (for example, betting in locations where gambling is illegal).
  5. 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.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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SKINBARON SUPPORTS GERMAN ESPORTS AND EXTENDS PARTNERSHIP WITH BIG

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SkinBaron remains a loyal partner to BIG and supports German esports across the Academy and women’s segments.

Berlin, September 11, 2025 – Berlin International Gaming (BIG) and SkinBaron have been closely connected since late 2019 and are now extending their partnership, continuing a success story that spans more than six years.

At a time when the Counter-Strike community, and in particular BIG’s CS2 men’s team, has experienced a challenging year, this extension sends an important signal: SkinBaron remains a loyal companion through every high and low. In addition to the pro team, SkinBaron also supports BIG’s Academy and women’s teams, helping to develop young talent and strengthen the scene in Germany.

Beyond the server, SkinBaron is deeply connected with the community. At the BIG Overtime Party during IEM Cologne 2025, SkinBaron once again served as an event partner, showcasing its close ties to the German esports community.

Statement from Daniel Finkler, CEO, Berlin International Gaming

“I am incredibly pleased and grateful that we are extending our long-standing partnership with SkinBaron. SkinBaron has been a vital part of our journey for over six years, both during successful and challenging times. My special thanks go to Tobias Andro as the new CEO, as well as to Florian Eckstein, Tobias Herberhold, Hannes Scholdz, and all other shareholders, employees, and partners at SkinBaron. They have brought this partnership to life over the years and actively shaped it. We are proud to move into the future together with such a loyal and authentic partner.”

Statement from Tobias Andro, CEO, SkinBaron

“Our partnership with BIG has stood for loyalty, trust, and collaboration on equal footing for over six years. Together, we share a vision of sustainably supporting the German esports scene and helping talent reach the top. This extension is therefore not only a commitment to our shared past, but above all a fresh start toward a future we want to shape side by side.”

The post SKINBARON SUPPORTS GERMAN ESPORTS AND EXTENDS PARTNERSHIP WITH BIG appeared first on European Gaming Industry News.

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Answer the Call of the Wild: ELA Games Unveils Its Latest Game “Buffalo Force”

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The studio’s latest game blends nostalgic themes and engaging features

The vast plains are alive with the sound of rampant hooves, the roar of predators, and helpful animals along the way. ELA Games proudly presents its latest release, Buffalo Force, an energetic game that celebrates the sheer power of nature.

The Call of the Wild

In Buffalo Force, players roam alongside fearsome buffalo, fierce bears, cunning wolves, and soaring eagles as they work together to hunt for big rewards. The game features 3 energetic mechanics:

  • Free Spins: Land 3 Scatter symbols to enter the game’s primary bonus feature. All Wilds pay 2x here.
  • Hold & Win Bonus: Unlock this lucrative feature for a shot at powerful coin prizes and even a chance at one of the mighty jackpots!
  • Jackpot: Three jackpots give you the chance for mega wins: Minor (25x), Major (100x), and Grand (1000x).

Each spin holds the spirit of the wilderness, blending high-action gameplay with the studio’s signature visually-rich aesthetics.

Join the Herd

Buffalo Force combines visually stunning animations, high-performance mechanics, and well-crafted environmental design to transport players to the heart of the North American wilderness. The studio’s attention to detail and storytelling prowess immerses players as they become part of the stampede, on the hunt for wild riches.

Marharyta Yerina, ELA Games’ Managing Director, commented on the release, “Buffalo Force represents the studio’s passion for creating visually striking and memorable games that players love. We focused a lot on the game’s visuals and environmental design to immerse players in the North American wild, which helps create an emotional connection and encourages high-performance engagement. We’re excited to see the reception Buffalo Force will receive, and we have many more exciting games in the works!”

Will You Answer the Call?

The raw wilderness is waiting for you. Will you join the herd and hunt for your fortunes and a life of freedom?

The post Answer the Call of the Wild: ELA Games Unveils Its Latest Game “Buffalo Force” appeared first on European Gaming Industry News.

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Kongebonus statement: Norway’s election result signals gambling policy continuity, but licensing debate is set to intensify

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With the centre-left retaining a narrow majority, Norway’s gambling framework is set to remain largely unchanged in the near term.

Norsk Tipping’s monopoly will continue, and enforcement tools such as payment and DNS blocking of unregulated operators are likely to remain in focus. While a shift to a licensing model appears unlikely this parliamentary term, the Progress Party’s stronger position as the main opposition keeps the reform debate active.

For industry stakeholders, the sensible course is to concentrate on compliant, sustainable strategies and to track policy signals closely as the debate continues.

The post Kongebonus statement: Norway’s election result signals gambling policy continuity, but licensing debate is set to intensify appeared first on European Gaming Industry News.

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