Bitcasino.io Reports Major Growth in 2015Published April 11, 2016 by Mike P
Bitcasino.io has grown rapidly since opening in 2014, with the Bitcoin-only casino and sportsbook reporting huge growth in 2015.
Bitcasino.io is somewhat of a pioneer, having been the first Bitcoin-only casino to obtain a gaming licence. And after just two full years in business, Bitcasino.io has posted strong financials that suggest Bitcoin has a lasting future in the global online gambling industry. The pick of the figures released by Bitcasino.io show that turnover increased by 1370% between 2014 and 2015, with the site generating more than €50 million in December 2015.
The Player Experience
Elsewhere in the statistics, it emerged that Bitcasino.io drew players from more than 140 different countries, with the biggest individual win being 274 Bitcoins on just a single spin, which works out as over €140,000. Registered users also had the opportunity to play for more than €14 million worth of progressive jackpot winnings.
For many players, it would appear that the Bitcoin-only design is an appealing draw for the site. In terms of the benefits, one of the most important is that players incurred no processing costs or chargebacks. Meanwhile, they also benefitted from a speedy withdrawal process that paid out winnings at an average speed of two minutes and 30 seconds. Moving forward, more players can expect similar benefits as Bitcoin rises.
The Bitcasino.io Evolution
Bitcasino.io’s ascent has allowed for rapid expansion since the operator fist established a site in January 2014. After setting up as an online casino, the brand was later built out to provide a sportsbook covering over 60,000 monthly sporting events and many more betting markets, having been launched in August 2015.
Elsewhere on the site, Bitcasino.io also has a live casino platform, with users able to play with dealers situated in South America, Europe, Baltic, and Asia. Some of the games include blackjack, baccarat, roulette, poker, and keno, among others. Alternatively, players can stick with desktop versions or try the various video slots. Some titles to highlight include Satoshi’s Secret, Chicago Nights, Mr Vegas, Galactic Speedway, the Slotfather, and Family Powers.