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Unravel the potential of blockchain's BaaS (Blockchain-as-a-Service) with Stratis, an emerging force in the cryptocurrency realm. Our guide spotlights online casinos that readily embrace Stratis, ensuring enthusiasts remain abreast of the essentials. Stratis, often abbreviated as STRAX, is a powerful BaaS platform. It allows enterprises to build their own private blockchains. With an emphasis on flexibility and real-world application, it’s not surprising that Stratis is making its way into the online gambling sector, with several casinos now accepting it for deposits and withdrawals. What is it? Stratis is a blockchain development platform helping institutions and corporations implement the technology across different industries. Its goal is to simplify the use of blockchain and make it more accessible to regular people who know little about this technology. It uses the same proven concepts as Bitcoin, which helps them project an image of trustworthiness given the popularity of the well-known cryptocurrency. Having said this, it was enhanced and used the Microsoft.Net Framework. Stratis Greatly Simplifies Blockchain Technology Although more people have heard about cryptocurrencies, and some even invest in digital money, the technology is still insufficiently understood. Stratis helps developers integrate cryptocurrency capabilities and help individual users and the broad community. Developers can test their applications on the Cloud Stratis platform and customize their blockchain implementations based on what clients expect. It even offers provisions of blockchain notes for Bitcoin, Ethereum, and Bitshares. Popular Online Casino Payment Methods that Support the Currency The growing incorporation of Stratis in the online casino world ensures multiple transaction avenues: Stratis Wallets: Transact directly utilizing dedicated Stratis wallets. Cryptocurrency Exchanges: Top exchanges provide facilities to switch Stratis to other cryptocurrencies or fiat seamlessly. Casino-specific Wallets: Many contemporary casinos now incorporate in-house wallets, adept at Stratis transactions. Who Uses Stratis? Developers are the main beneficiaries of the Stratis technology, with Fintech ventures already tapping into its tremendous potential. They can use it to deal with difficult issues such as settlement management, know your client compliances, and clearance. Stratis also comes in handy for product tracking and verification, and perhaps most importantly, it will help with the Internet of Things. The term defines everything that is automatically updated by Internet technology and automates the process.
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All Slots Casino generally introduces two to four new Microgaming titles at the beginning of each month, but on May 1 it is adding five great games - four of them from the celebrated 243 Ways to Win series. Five new slots Bust the Bank is a slot featuring two thieves in a bid to take off with bags full of cash. The game has a large betting range, with a range of free spins, scatters and exploding wilds to help players win the top prize of $82,000. Mystic Dreams has a Native American theme, brought to life by stunningly realistic graphics of wolves, chiefs and dream catchers. The Free Spins feature is triggered by three or more totem pole symbols, while tepee scatters and multipliers also trigger bonuses of up to 24x. Bridezilla is a perfect game for wedding season. The appearance of three to five wedding bell scatters triggers the Bridezilla bonus feature, in which the bride turns into rage mode, dishing out 10x multipliers and 10-20 free spins. Galacticons sends players into outer-space in search of the Big Bang bonus feature and up to 20 free spins with 5x multiplier. Watch out for the black hole and milky way symbols, which help boost winnings with multipliers. Finally, Mugshot Madness is a regular 20-payline video slot, the only May release not from the 243 slot series. But don't despair, it's just as fun, boasting an impressive Line-Up feature in which players must capture criminals to win bonuses. Welcome package If you're not already signed up to All Slots Casino, then they have a great welcome deposit package for you. Earn up to $/£/€500 on your first four deposits - that's a 100% deposit match bonus for $/£/€200 on your first, and various deposit match bonuses for $/£/€100 on each of your next three.
Dutch Gambling Authority Kansspelautoriteit (KSA) has tripled the fine for unauthorized gambling activity. Fines Tripled The fine for offering online gambling to the Netherlands citizens without a license was originally €50k. The penalty is now €150k, as of August 1, 2015. The fine for repeat offenders can increase to a maximum of €810k for repeat and/or severe offenders, as determined by the KSA. Severity Factors The determining criteria for KSA penalties varies according to whether offending unlicensed operators would use a dot-com domain, offer a Dutch-language option and whether they advertise through Dutch-focused radio, TV or print media to lure Dutch players. Another mitigating factor for the KSA is the number of websites and types of gaming offered by a particular operator, the maximum prizes offered, the maximum initial deposits and deposit bonus size. Violators Wait for Regulation Fines have been issued to six operators in the last two years, with the individual high at €200k. Nonetheless, only three fines have been collected as penalized operators wait out the approval of the long-delayed remote Gaming Bill. With regulated online casinos like All Slots Casino and EUCasino popular among Dutch players, the KSA measures should be seen more as preventative. Dutch Content on Unlicensed Sites By the same token, the KSA is looking to define limits. Recent penalties levied against UK operators Total E Soft Limited and XKL Limited totaled €180k for operating 14 Dutch-facing casino, poker and sports betting sites. The specific violations cited by the KSA were being written in the Dutch language and inclusions of the Dutch flag image on-site. Total E Soft defended itself by claiming players in the Netherlands were blocked, and the use of the Dutch content was intended to attract Dutch ex-pats playing in other countries. An appeal is expected to shed light on the reach of national jurisdiction in regards to content offered on sites outside a given regulatory authority. Stay tuned...
Bitcoin is now officially licenced as a currency payment by the UK Gambling Commission (UKGC). Before Year´s End That´s right, the UKGC has added Bitcoin and other cryptocurrencies to its list of acceptable payment methods available to UKGC licencees for the first time ever. The newly updated License Conditions and Codes of Practice (LCCP) take effect on Oct. 31, 2016. Key Clauses The new conditions are treated in Section 5.1 of the LCCP codes addressing “cash and cash equivalents, payment methods and services.” The specific clause which brings Bitcoin et al into the fold is the directive that licensees must “implement appropriate policies and procedures concerning the usage of cash and cash equivalents,” with those cash equivalents to include bankers drafts, cheques and debit cards and digital currencies…” Risk Reduction The UKGC remains committed to reducing risk of money laundering through updating the codes, while also advising licencees to “take into account any applicable learning or guidelines” that the UKGC may issue from time to time. The guidelines provide a set of best practices for operators which now include the acceptance of digital currencies as a safe form of operation. Increasing Momentum The acceptance of Bitcoin by a licencing authority as prominent as the UKGC can only speed up the public acceptance of cryptocurrencies. The UK becomes the second jurisdiction to licence the acceptance of Bitcoin, following Curaçao. Other regions soon possibly following suit include the Isle of Man, whose Gambling Supervision Commission in May proposed licensing guidelines allowing for deposits made in “convertible virtual currencies”; and the Malta Gaming Authority, which reportedly held a meeting to consider the licencing virtual currency just last Tuesday. Scope The new UKGC guidelines will apply to UK-serving operators, with 719 online casino licences held by 427 online casino operators. Look for relatively rapid widespread acceptance now, with other jurisdictions beyond the aforementioned following suit within the next 12 months.
In today’s iGaming market, there are thousands of online casino sites that allow you to make seamless deposits using Google Pay (aka GPay). Considering the service’s ease of use and convenience, there is no wonder why more and more iGaming enthusiasts turn to Google Pay on a daily basis. What is also adding to the popularity of Google Pay is the fact that it is accessible to players all over the globe. This also means that Google Pay is readily available at a number of online casino sites, and the best Google Pay casinos are featured here. Google Pay was launched in September 2011. Back in the day, it was called Google Wallet, while eight years ago, it was known as Android Pay. The service was reborn as Google Pay in January of 2019. It is compatible with all Android-powered devices with Android 9 and later system versions, while it also works for Fitbit OS and Wear OS. In addition to being compatible with a range of Android devices, Google Pay can also be used on the web via different search engines, including Chrome, macOS, Edge, Samsung Internet, Safari, and Opera. At the time of writing this, one of the biggest mobile or digital payment services is available in over eighty countries and according to the latest reports, it has over 150 million active customers with India being the biggest market. With Google Pay, you can make contactless purchases, online purchases, and a number of other payments using your smart watch powered by Android or your Android-powered smartphone or tablet. To authenticate their payments, users can rely on biometrics, PIN, or their unique passcode. The service relies on the EMV Payment Tokenization Specification. Essentially, the Google Pay service makes sure that customer financial information remains private by replacing their debit or credit card’s FPAN (Funding Primary Account Number) with a tokenized DPAN (Device Primary Account Number), which is randomly generated for every transaction.
Within the tapestry of global online casinos, the Nigerian Naira (NGN) stands as a testament to the growing gambling culture in West Africa. This guide intends to navigate players through the facets of NGN-oriented online casinos, ensuring a seamless gaming journey. The Nigerian Naira, symbolized as ₦, is the official currency of Nigeria. With the increasing acceptance of online gambling in the region, many casinos are opening their doors to NGN transactions, mirroring the nation's rich cultural engagement with the gaming world. Finding the Best Currency Online Casinos To cherry-pick the elite among online casinos that endorse the Nigerian Naira, factors like game diversity, user interface, security, and lucrative bonus offers come into play. At OnlineCasinoReports.com, our mission is to spotlight the top NGN-supportive online casinos. For a detailed dive into our selection procedure, do visit our "how we rate" page. Benefits of Gambling with the Currency Opting for NGN in online gambling comes with a plethora of advantages: Local Currency Convenience: Avoid exchange fees and enjoy transactions in your familiar currency. Rapid Transactions: NGN deposits and withdrawals are typically swifter, devoid of conversion delays. Localized Gaming Experience: Casinos accepting NGN often tailor their offerings to resonate with the local gaming culture. Economic Support: Using local currency bolsters the Nigerian economy by retaining money within the country. Bonuses in Nigerian Naira Online casinos that accommodate NGN frequently roll out enticing bonuses calibrated for Nigerian players. From hefty welcome bonuses to local festive promotions, there's no shortage of rewards. At OnlineCasinoReports.com, we've curated an extensive list showcasing the best NGN bonuses available. As a golden rule, always glance through the wagering requirements and associated terms before claiming any offer. Popular Online Casino Payment Methods that Support the Currency With the surging acceptance of NGN in online casinos, various payment channels are available: Bank Transfers: Many Nigerian banks seamlessly support direct transactions with online casinos. E-Wallets: Popular options like Flutterwave, Paystack, and Interswitch facilitate smooth NGN transactions. Mobile Payments: Utilize services like MTN Mobile Money or Airtel Money for casino transactions.
Leading Swedish Videoslots Casino is concerned about overly narrow protections during the Coronavirus phase pushing users into the arms of unscrupulous unlicensed operators. The Controversy The expressed concern comes as lawmakers in the region convene this week to debate the measures. The proposed protections include limits on gambling deposits along with restrictions on bonus offers set at SEK100 for customers who have to set mandatory time limits on their durations of play. The Current Climate The new rules are scheduled for discussion on May 7th. The strictest measures ever imposed in Europe currently include bonus limits on first-time customers, deposit limits of 10,000 SEK on interaction with players; and ensuring players are not registered with the national Spelpaus self-exclusion program before being allowed to play. Stifling Competitiveness The objections at Videoslots that more proposed changes would render licensed operators non-competitive were originally expressed by General Counsel Ewout Wierda. A Copenhagen Economics report commissioned by the Swedish Trade Association for Online Gambling (which includes Videoslots) confirmed that Sweden's online casino industry is already exposed to fierce competition from unlicensed providers: 58% of players responding confirming that forced restrictions on bonus schemes drive them to unlicensed sites. Undesired Results? The changes would serve to decrease rather than increase channelization, or the share of gambling taking place on regulated sites, with a target goal of 90% currently established by the Swedish government. Trusting Operators Ewout Wierda believes that at some point the government should rely on the judgment of licensed operators: “Videoslots agrees with the licensing objectives and has invested a significant amount of time and money in sophisticated systems to keep a risk-based focus on customers who need protection.” Outlook If operators can be transparent and demonstrative about the measures they are taking as individuals and as a professional group, maybe they can assuage government concerns—as long as the operators immediately show results.
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