Bitcoin only online casino revenues hit 3,000BTC

BitCasino the first ever licensed bitcoin-only casino has reported to have grown to a player base of 7,000 users betting over 3,000 BTC (~$1,400,000) since February 2014.

Operations Director, Tauri Tiitsaar is expecting that the casino will increase gross turnover by 1000% over the next 6 months.

“Our live dealers have been the main attraction and they continue to bring in hundreds of players each day. 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 also provides live chat customer support in multiple languages, as well as a helpdesk ticketing system.

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 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.