Online betting has benefitted significantly from improved technology and connectivity. However, as technology, websites, and apps continue to develop, so do the sophisticated techniques that cybercriminals use to hack sites and gain access to sensitive information.

Betting expert Kane Pepi describes the safety and regulation of online casinos as one of the most important factors for consumers to consider when choosing one, especially when seeking alternatives to big names like Stake Casino. Choosing online casinos that hold regulatory licenses ensures they operate in a fair and transparent way. (Source: https://www.valuewalk.com/cryptocurrency/best-stake-casino-alternatives/)

While traditional casinos continue to battle cyber attacks and regularly update security procedures, crypto casinos offer a higher level of security that has seen them grow in popularity in recent years.

The Issues Traditional Online Casinos Face

Traditional casinos require players to provide a lot of sensitive data to prove who they are, that they are old enough to bet in their respective jurisdictions, and to make payments. Having to trust different websites with personal and banking information can be a risk, especially if you do not know the measures the operators are taking to keep it safe.

There are many threats that online casinos face including ransomware, DDoS attacks, phishing scams, data breaches, and account takeovers. These can all lead to the consumer losing personal information which can then be used by the attackers.

Account takeovers can also result in cybercriminals having access to customer funds and loyalty benefits.

Traditional casinos invest millions every year into their defences, and because it is an ongoing threat, the cost will typically be passed on to the customer in one way or another.

The Rise of Crypto Casinos

The online betting industry was one of the first to embrace cryptocurrencies as a payment method, and the two have grown together since then. Dedicated crypto casinos and traditional online casinos that offer crypto as one of a variety of payment methods have broadened their market share and made it easier for people around the world to access their facilities.

Casinos have also introduced crash games to simulate the crypto market and appeal to that customer base.

Blockchain Benefits

Using cryptocurrencies at a casino removes the need for players to provide banking information and, in some cases, personal information. All crypto payments are authorised by the digital asset owner confirming the payment with their private, key. The cryptographic code protects the users’ information and allows them to carry out transactions safely.

All crypto transactions are then stored on the blockchain where they can be seen publicly.

Fair and Transparent

Transaction transparency via blockchain ensures operators conduct their business fairly. It allows independent auditors to check the bets placed and the results, making sure customers have a fair chance of winning.

Immutability

As transactions are added to the blockchain, a network of miners secures and validates transaction data. After the transaction is confirmed, it can no longer be altered.

This adds an extra level of security and transparency to all crypto transactions.

Decentralisation

The benefits of a decentralised currency have helped the offshore online casino industry flourish. UK players looking for casinos not on Gamestop Ltd can easily use licensed sites in other jurisdictions when using cryptocurrency.

Crypto transactions are typically quicker than using traditional payment methods, and customers won’t need to worry about exchange rates. Lower transaction fees can also help consumers save money.

Anonymity

No-KYC casinos are those that don’t require customer verification during the sign-up process. This can be a great option for people who don’t like to leave a trail of online activities and transactions and can also minimise the risk of identity theft and fraud.

Players may be required to disclose some information for larger payouts to ensure the operator complies with anti-money laundering regulations.

The Future of Online Gambling

Cryptocurrency transactions are already up by 12% in the first quarter of 2024 and with the iGaming market projected to continue its growth, this figure could rise.

The security and transparency afforded by crypto use in gambling provide peace of mind and a great structure for the industry to grow.

The post The Future of Online Betting Looks Secure in the Hands of Crypto Casinos appeared first on Keno Wizard.

Lucky gamblers at several casinos in Las Vegas secured a number of jackpots over the last week. The announcement follows the Super Bowl LVIII weekend that attracted fans from across the nation who wanted to see the game between the Kansas City Chiefs and the San Francisco 49ers. In light of the big game, Sin City posted record-breaking betting results.

Focusing on jackpots, one lucky visitor at Wildfire, the premium gaming and entertainment venue in Las Vegas, will never forget their most recent visit. On Tuesday, the casino confirmed that one of its lucky visitors was able to hit a five-figure jackpot after wagering less than $2. Wildfire confirmed via its social media profile on X, formerly Twitter, that the lucky winner hit a $10,265.58 jackpot while playing Dancing Drums Prosperity. What’s exciting is that the jackpot was hit with a tiny $1.88 bet.

A Winning Jackpot Streak at Boulder Station

Before that, several visitors secured hefty jackpots when visiting Boulder Station, the luxury casino located minutes off the Las Vegas Strip. The winning streak started with two lucky visitors who hit the jackpot while playing Aristocrat Gaming’s Dragon Link. One of the visitors, identified as Christina S. hit a jackpot on Sunday, while the other lucky gambler, named Chandler, secured a jackpot from Dragon Link on Monday. While Boulder Station released pictures of the two lucky winners, it didn’t confirm the amount of the jackpot they won.

Again, on Monday, the premium casino location confirmed that another five-figure jackpot was won. One fortunate visitor playing Fu Dai Lian Boost hit a jackpot after a $44 bet. As a result, the lucky Boulder Station casino visitor took home the hefty jackpot prize of $11,874.

Separately, another jackpot dropped at Boulder Station recently. A person who placed a $25.00 bet on poker hit a sweet $8,534 jackpot, the premium Las Vegas casino revealed.

Elsewhere, in Maryland, a $5 million lottery jackpot winner confirmed he plans to keep his current job. The lucky lottery player won the grand prize after purchasing tickets for Maryland Lottery’s 50 Years! instant ticket lottery game.

The post Lucky Las Vegas Gamblers Secure Multiple Jackpots appeared first on Keno Wizard.

Two major online sportsbooks, DraftKings and BetMGM, have recently inked deals that pave the way for their operations in the Tar Heel State. 

BetMGM Forges Strategic Alliance with Charlotte Motor Speedway

BetMGM, recognized as a leader in sports betting and iGaming, disclosed its strategic partnership with Charlotte Motor Speedway, a prominent motorsports and entertainment venue. The collaboration aims to bring BetMGM’s online sports betting platform to North Carolina once the state officially legalizes sports betting. 

Greg Walter, Executive Vice President, and General Manager of Charlotte Motor Speedway, expressed enthusiasm about the venture, stating that the partnership with BetMGM would not only enhance the sports fan experience but also contribute to North Carolina’s tax revenue, support colleges, and attract major events.

BetMGM CEO Adam Greenblatt also commented. He said: “BetMGM’s partnership with Charlotte Motor Speedway meets a great demand for entertainment from North Carolinians. Together we will deliver a premier and responsible gaming product that benefits many state agencies.”

DraftKings Accelerates North Carolina Entry with NASCAR Partnership

Simultaneously, DraftKings, a major player in the digital sports entertainment and gaming industry, announced its partnership with NASCAR. The agreement involves a written designation agreement, marking a significant step toward DraftKings’ operations in North Carolina. 

Matt Kalish, President of DraftKings North America, highlighted the shared commitment between DraftKings and NASCAR in enhancing the fan experience, expressing anticipation for providing their leading mobile sportsbook to North Carolina fans.

Upon launch, North Carolina would become the 27th state where DraftKings Sportsbook is operational, aligning with the company’s scheduled entry into Vermont on January 11.

North Carolina Sports Betting Committee Faces Tight Deadline for Launch Amid Operator Applications

These developments come shortly after the North Carolina Sports Betting Committee convened in 2024, adjusting the initial timeline for sports betting to be live after the Super Bowl. The state now faces a deadline of June 14 to finalize the necessary arrangements, with hopes of launching online sports betting in time for March Madness.

Seven operators, including BetMGM, DraftKings, ESPN BET, Fanatics, and FanDuel, have already applied for licenses in North Carolina. Industry experts acknowledge the challenges posed by regulatory compliance but emphasize the importance of ensuring that all operators understand and adhere to the state’s laws and regulations.

Additionally, FanDuel and the PGA Tour are set to collaborate in North Carolina‘s sports betting market, building on their existing partnership. This move aligns with North Carolina’s opening for sports betting operators to form partnerships, attracting both established companies as well as emerging operators.

The post DraftKings and BetMGM Secure Agreements for North Carolina Expansion appeared first on Keno Wizard.

Leading gaming and entertainment operator, The Cordish Companies, announced a major achievement, clearing the path of the company for its expansion into the casino sector in Bossier City, Louisiana. On Thursday, the company revealed that its affiliate, LRGC Gaming Investors, LCC, secured the required regulatory approvals to become a gambling operator in the state from the gambling regulator, the Louisiana Gaming Control Board.

The unanimous approval paved the way for The Cordish Companies’ expansion into Louisiana, allowing it to complete the acquisition of the Diamond Jacks Casino & Hotel in Bossier City. Additionally, the regulatory approval enables the company to start the transformation of the property into a world-class Live! Casino & Hotel Louisiana. The premium entertainment, gaming and leisure location is expected to open at some point in 2025.

At the public hearing with the state’s gambling regulator, Cordish representatives unveiled details regarding the new premium entertainment location. Representing an investment north of $270 million, the new Live! Casino & Hotel Louisiana is expected to offer supreme dining, entertainment, hotel and casino amenities.

The project includes some 550 hotel rooms, as well as a fitness center and resort pool. A wide range of food and beverage outlets will ensure supreme dining experiences, while a 25,000-square-foot multi-purpose state-of-the-art Event Center will be used for social events, meetings and conventions. The premium gaming and entertainment destination will offer surfaced and structured parking as well.

When it comes to gaming amenities, visitors to the new resort will be able to experience more than 40 live-action table games, as well as more than 1,000 slots and electronic table games. A sportsbook will also be available on site, delivering entertainment for sports fans.

The Approval Marks a Milestone Moment for Cordish

Ronnie Johns, Louisiana Gaming Control Board’s chairman, revealed that the regulator is delighted to grant The Cordish a license for their project in Bossier City. “Cordish has an exceptional reputation in providing first rate casino experiences as well as hospitality and entertainment venues across the country,” he added. Johns pointed out that the Board is excited to see the Live! brand enter Louisiana. Finally, he predicted that the casino and entertainment location would propel the growth of the region.

“We’re grateful to the Louisiana Gaming Control Board for their approval and thank them for their consideration and enthusiastic support through this process.“

Joe Weinberg, managing partner at The Cordish Companies

Joe Weinberg, The Cordish Companies’ managing partner, thanked the gambling regulator for their approval and enthusiasm regarding the multi-million-dollar project. “Live! Casino & Hotel Louisiana will be a transformative development that will bring a first-class gaming, dining, entertainment, and hospitality experience, create significant new jobs, and generate millions of dollars in economic benefits for the community,” he explained. Finally, Weinberg said that the company is thrilled to see its massive project advance and become a go-to world-class location for the region.

The post The Cordish Companies Secure Approval for $270M Louisiana Project appeared first on Keno Wizard.

Push Gaming and Pariplay, two suppliers of gambling content, have received permission to offer their products in Sweden. The B2B companies have officially secured a license from the Spelinspektionen and are ready for the new market requirements.

For reference, starting July 1, 2023, gambling suppliers in Sweden will be required to have a gaming software license before they can offer their products in the country. Since Sweden is a key market for Push Gaming, obtaining such a license was imperative for the company.

For Push Gaming, this new license means that the operator will be able to continue powering operators with games such as Giga Jar, Retro Tapes, Big Bamboo, Jimmin’ Jars and Razor Shark.

Pariplay, on the other hand, will continue powering the biggest local iGaming operators with aggregated content, as well as with games from Wizard Games, its proprietary studio. Under the terms of the license, the company will be able to offer its products undisrupted for the next five years.

Both companies are among the first suppliers to receive the new license.

The Two Companies Are Glad to Have Secured the Licenses

Representatives from Push Gaming and Pariplay commented on their newly-secured licenses. Fiona Hickey, Push Gaming’s director of new businesses and markets, said that her team is glad that the company will remain in the Swedish market even after the new rules go live on July 1.

According to her, the new license attests to Push Gaming’s commitment to focusing on regulated markets and responsible gaming. She concluded that Swedes will be able to continue enjoying the best games Push Gaming has to offer.

Meanwhile, Pariplay’s managing director, Adrian Bailey, said that Sweden is a key market for his company, which currently aggregates more than 14,000 games from dozens of developers. He said that his team is happy that it will not be forced to exit the country.

We’re committed to keep being the leading aggregator in regulated markets, and look forward to continuing to entertain our Swedish players for many years to come.

Adrian Bailey, MD, Pariplay

Bogdan Barbacaru, Pariplay’s head of compliance, also shared his thoughts on the matter, thanking the Spelinspektionen for allowing the company to continue operating in Sweden. Barbacaru said that his team is excited to keep growing in Sweden and continue strengthening its local foothold. He hopes that Pariplay will continue to expand its presence in Europe as a whole.

Speaking of the two companies, Push Gaming just released a new slot game called Dino P.D. Pariplay, on the other hand, recently added Urgent Games to its Pariplay Fusion platform.

The post Push Gaming and Pariplay Secure B2B Licenses in Sweden appeared first on Keno Wizard.

Casino jackpots always bring excitement, although they are quite hard to hit. The pure thought of securing a big win makes gamblers bet even more but only a lucky few get to take home a hefty jackpot payout.

One visitor of the Flamingo Las Vegas was incredibly lucky, which granted him a seven-digit prize. The player, who wasn’t identified, was playing Pai Gow poker. Little did they know that this game would be life-changing.

On Tuesday this week, the lucky player hit a $1,333,121 jackpot while playing Pai Gow poker, the Flamingo Las Vegas confirmed. The premium casino and entertainment destination congratulated the winner for the big prize and acknowledged that it helped make another person a millionaire.