..

The Coingaming Group Switches To Microbitcoin

Written by:
Guest
Published on:
May/16/2018

Sportsbet.io and Bitcasino.io, operated by Coingaming Group, have switched their betting units from millibitcoins to microbitcoins, better known as bits.

As a result of the move, punters will be able to play vast selections of premium casino releases with the same bankroll, only 1,000 times bigger.

CEO, Tim Heath, said that all games, including sports events, are now available to a much broader spectrum of players, regardless of Bitcoin’s continuous increase in value on the global market. Reducing gaming units from mɃ to µɃ is an unprecedented move which keeps all members at the center of our casinos’ universe, added Heath.

In addition to launching online casinos and sportsbooks, the Coingaming Group also established a dedicated eSports betting brand, Bets.io, along with a slots-packed venue, Slots.io. They have offices in Estonia, Ukraine, Spain, UK, Brazil and Malaysia and employ approximately 190 people.

The group features a collection of over 1,400 titles from NetEnt, Quickfire, OneTouch, Evolutio, Asia Gaming and more, as well as 350,000 pre-match events per year.

WORD OF CAUTION

ScamBitcoin.com monitors the growing crypto casino sector and writes this of Sportsbet.io and Bitcasino.io:

SportsBet provides an attractive and engaging site template but their operational protocol appears unethical and questionable to say the least.

Numerous reports of online SportsBet’s users have reported theft of funds, manipulation of betting games along with unprofessional customer assistance. One such instance that has drawn much spotlight has been a user who allegedly lost 21.5 bitcoins through gambling with their platform.

While that particular BitcoinTalk forum will go on to reveal that the player managed to retrieve their funds later down the road, it doesn’t take into account the numerous other threads of discussion regarding SportsBet and the reported misdoings they have been allegedly exercising.

Furthermore, the live sports betting featured on their site have not been provably fair while their site lacks an effective and supportive customer support staff.

- Jordan Bach, Gambling911.com

Online Casinos News

A Story of Success

When you stop and think that it was only 12 years or so since the very first smartphone was launched it seems pretty incredible that we existed without them at all as we have come to rely on them for so many different ta

Everything You’ll Ever Need To Know About Casino Bonuses

There are lots of different types of casino bonuses you might qualify for when heading online to play. But what do they all mean, and how do you get them? We’ve got all the answers to your casino bonus questions.

UK regulators crack down on Ads targeting children

The UK market acts as a magnet for international operators, in spite of the strict gambling laws regulating the industry here.

Release of OnlineCasinoBox Sweden

Release of OnlineCasinoBox Sweden

Prepare for an excellent website with top reviews. OnlineCasinoBox represents website which includes all information about your favorite casino games, available bonuses and software companies.

Casino Online: Roulette as a Fun Way to Spend Time and Get Lucky

Finding ways of entertainment is very easy in the modern times. There are numerous options that cater for all kinds of interests: the only relevant thing is how much money you are ready to spend on them, if any.

Syndicate