BitCasino.io, the first ever licensed bitcoin-only, online casino, has grown to a player base of 7,000 users betting over US$1,400,000 since February 2014.
The success of the casino has been built around its world-class software that includes Live Dealers, Live Dice/Lottery and over 150 HD video slots as well as traditional table games.
Building on this rapid success and a market that is hungry for bitcoin entertainment, BitCasino.io Operations Director, Tauri Tiitsaar is expecting that the casino will increase gross turnover by 1,000 per cent over the next six months.
“Our live dealers have been the main attraction and they continue to bring in hundreds of players each day,” he said. “When I mention that our bitcoin software is integrated with a live casino environment they’re stunned – our software really does set the bar for this new market. It also provides something great to look at – all of our live dealers are lingerie models.”
Aside from live dealers, BitCasino.io also provides live chat customer support in multiple languages, as well as a helpdesk ticketing system. For all new users, there is a 100 per cent match bonus up to 1 BTC which is available as a welcome gift.
Success in such a short period would suggest a rapid growth in competition but when asked about mainstream involvement in the bitcoin gaming market Mr Tiitsaar was not concerned.
“The likes of 888 and PaddyPower focus on their proven business models and their size and infrastructure simply does lend itself to bitcoin. Not only that, but there has been little, if any evidence that companies like these are even looking at bitcoin. As a company, we remain focused on our own goal which is to increase our range of products and continue to release world-class bitcoin betting software with instant deposits and withdrawals.”
Bitcasino.io has also indicated, that it will be launching a sports betting product in time for the World Cup, as well as a truly innovative application for mobile bitcoin sports betting.
Bitcoin offers players a level of privacy and anonymity that is unmatched against traditional fiat currencies. It was launched in 2009 by software developer Satoshi Nakamoto and initially looked to counter credit card charges imposed by some payment processors. Many believe that Bitcoin will eventually grow into a commercially-accepted currency.