iGaming Weekly | Jun. 2, 2024

Dive in to this weeks iGaming recap, with new partnerships, new games, lots of news and more!

iGaming Weekly | Jun. 2, 2024

As celebrities flock to create meme coins, it's clear the world's appetite for gambling is growing. It's hard to miss that there is a prime opportunity for operators to covert this new demographic into players. Without sounding too much like a "boomer", I do wonder if meme coins are to crypto, what Tik Tok is to long form Youtube. Will many new gamblers prefer the thrill of ultra-high volatility meme coins or traditional gambling?

Industry Overview

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Weekly overview of gambling activity on the Ethereum Network.

Casino News

  • MetaWin has given away a tokenized Tesla Cybertruck.
  • Stake has released Horse Racing, users can bet on Wins, Places, and Each Ways.

Traditional Gaming

  • BetMGM successfully completed it's inaugural BetMGM 300, a part of NASCAR’s Xfinity Series.
  • The Michigan Gaming Control Board has sent a cease and desist to Bovada, giving them 14 days to geoblock Michigan before legal action is taken.
  • Nevada gaming revenue reached over $1.2 billion USD in April, fuelled by high end baccarat.

Decentralised Casinos

  • YOLO has provided one million Blast Gold to be distributed, along with a YOLO token airdrop.
  • WINR has been granted 250,000 $ARB as a result of their STIP Bridge Addendum Grant being accepted.
  • BlockchainBets (BCB) have laid out various development upgrades that will follow their Betting Exchange, such as BCB L2, Copy Bets, a Unified Platform Chat Bot, and an updated landing page.

Aggregators & Providers

  • BGaming is continuing their strong push into Europe, partnering with Slovakian lottery operator TIpos.
  • Softswiss has implemented two new features to their casino business: Cashout Cancellation Bonus and Timezone Management Bonus Feature.
  • Hacksaw’s reach in Portugal expands once more as they partner with Betcilc, a prominent Sportsbook provider in the region.
  • NoLimit’s Wild West Branch has turned 5 years old today, with titles such as Tombstone RIP and ElPaso Gunfight xNudge taking place in this universe.

New Releases

  • Pragmatic: Revenge of Loki Megaways, Big Bass Bonanza: Reel Action, Sweet Bonanza 1000
  • Hacksaw: Junkyard Kings

Upcoming Releases

  • Pragmatic: Wildies
  • Hacksaw: Ze Zeus
  • NoLimit: Deadwood R.I.P, Beheaded, Punk Rocker 2
  • BGaming: Gold of Minos, Fishing Club, Dragon Age Hold and Wind

Miscellaneous

  • ZKasino has claimed they will return the ETH that they stole from their customers.
  • Singaporean banking firm DBS has been identified as a massive holder of Ethereum by Nansen.
  • Wallets linked to the ancient crypto exchange MtGox have been revived after being defunct, moving around ~140,000 BTC.

Did we miss something?