In 2016, the world of online casinos is set to see a major shift as the Malta Gaming Authority (MGA) and other gaming regulators are considering adopting Bitcoin as a currency. This decision has the potential to revolutionize the industry, making Bitcoin more mainstream among both online casinos and gamers alike.
Bitcoin casinos, such as NASCasino.com, are already making strides to enhance player experience by offering provably fair games and redirecting savings on processing fees and fraud into player bonuses and marketing. Stephen Turk, a representative from NASCasino.com, shared with Cointelegraph the exciting developments in the Bitcoin online gambling market.
One of the most highly anticipated changes in the industry is the potential adoption of Bitcoin by renowned gaming authorities like the MGA. BitStarz, a Malta-based Bitcoin casino, sees this as a golden opportunity to spread cryptocurrency within the industry. Sasha Jade, the marketing manager at BitStarz, believes that this move could open up numerous possibilities for Bitcoin casinos, especially since many fiat money casinos are still hesitant to accept Bitcoin.
mBit casino is also optimistic about the future of Bitcoin in the gaming world, predicting that gaming authorities will soon recognize its potential. This recognition could pave the way for Bitcoin to enter global markets, including Asian and Russian markets. The team at mBit casino highlights the benefits of Bitcoin, such as the elimination of chargeback risks and the instant deposits and withdrawals that it offers to users worldwide.
Linda Murphy, VIP player manager at mBit, expressed her excitement about the potential adoption of Bitcoin by gaming authorities, stating that it could revolutionize the gaming industry by making services more instantaneous and accessible on a global scale.
As we look ahead to 2016, it is clear that the integration of Bitcoin into the online casino market is on the horizon. This move has the potential to not only benefit Bitcoin casinos but also to revolutionize the gaming industry as a whole. Stay tuned for more updates on this exciting development.
