With technology at its height in today’s society, Bitcoin has taken the world by storm. For those who may be unfamiliar, it is a unique form of digital currency, created, and held electronically. Rather than printed, they are produced by individuals, business, and computer by way of software.
Bitcasino.io, regarded as the world’s very first legally licensed and regulated Bitcoin-only online operator, has just set a series of milestones within the Bitcoin gaming market over the last year. It is equipped with over 800 casino games, and utilizes the latest HTML5 technologies.
Company spokesperson, Mark McGuinness, stated, “Since opening our Bitcoin casino in January 2014, we have witnessed tremendous growth becoming the market leading destination for Bitcoin gaming both on desktop and mobile.”
Just some of the operator’s 2015 highlights include 60,000 events held monthly for its Sportsbook since its opening in August 2015, no chargebacks or payment processing costs, progressive jackpots worth up to €14,000,000, and a 1370% turnover increase since 2014.
McGuinness further added, “2015 was an important year for industry awareness and player acceptance of Bitcoin as a ‘seamless gambling chip’ helped bitcasino.io become the premier destination for discrete bitcoin gambling. 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.”
The operator has also announced that it will be launching Sportsbet.io, this upcoming June, and is expecting it to be met with an equal amount of success.