Weekend Update – The Bitcoin Casino State of the Union & More

The weekend is finally here! Time to kick back and relax with your favorite online slots and casino games. This week, a lot happened in the world of iGaming. And, per usual, I’m here to make sure you have all the details with the BCK weekend update! 

In this weekend update, I’ll be covering the following:

• SOFTSWISS H1 2023 Figures: Twice a year, SOFTSWISS releases a “State of Crypto” showing figures for the usage of cryptocurrency at online casinos. I’ll take a look at the latest numbers and explain a bit more about what they mean.
• Awards, Awards, Awards: Top BTC casinos and game providers are constantly being nominated and winning awards. I’ll focus on two big names this week and look at why they are deserving of these accolades. 
• Stake Continues Cricket Partnership: The world of sports betting is keeping us busy at BCK. With new laws and regulations coming into play in the EU and UK, a lot of changes have been made. But we’ll take a look at a prevailing partnership between a top Bitcoin sports betting site and the European Cricket Championship and what that means.

So, let’s get started and take a look at all the exciting things happening in the world of Bitcoin casinos with our weekend update. 

SOFTSWISS Gives Us The Mid-Year State of Crypto

Bitcoin casinos are on track for another banner year.

Just like a head of state will give a “State of the Union” address, so too does SOFTSWISS bring us their “State of Crypto.” They provide this information bi-annually. The information they provide is accumulated from data collected across five hundred brands they work with. So what do the numbers tell us? Well, it tells us that Bitcoin casinos are not only doing well but really becoming a dominant force in the iGaming industry. 

Bitcoin Casino Figures 2023

Bitcoin casinos are already outpacing last year’s figures.

I want to highlight the most important stats presented in SOFTSWISS’s data.

• The number of crypto bets has seen an increase of 83.6% since the second half of 2022.
• The average crypto bet has rebounded to €1.80 in the first half of 2023. 
• BTC has seen the most growth in the industry – 76.2% compared to all stablecoins.

The SOFTSWISS report holds significant importance for the iGaming industry as it provides a comprehensive and data-driven overview of the state of cryptocurrency usage in online casinos. This bi-annual report, based on data collected from a wide array of brands, serves as a valuable benchmark for tracking the growth and trends of Bitcoin casinos. 

The figures presented in the report, such as the notable increase in the number of crypto bets and the rebounding average crypto bet amount, showcase the industry’s resilience and potential. This information not only informs stakeholders and investors about the current state of affairs but also highlights the prominence of Bitcoin casinos as a dominant force within the broader iGaming landscape. 

In an ever-evolving market, the insights from the SOFTSWISS report help shape strategies, drive innovation, and guide decision-making for casino operators, game providers, and players.

Awards Winners and Nominations 2023

As Bitcoin casinos continue to grow in popularity, they are simultaneously racking up awards worldwide in the iGaming industry. From BitStarz Casino winning AskGamblers’ Best Casino 2023 Award to even our own nomination last year, there’s a lot for those of us in the crypto gambling sphere to be proud of lately.  

And this week, two more names have been added to the growing list of accolades.

Roobet Wins Big at MIGEA Awards

Congratulations, Roobet!

Congrats to the team at Roobet on their big wins! This year, they took home three prestigious prizes at the MIGEA Awards. 

• Best Start-up Company of the Year
• Best Online Casino Operator of the Year
• Best Online Casino Product Of The Year

Roobet released a statement celebrating their wins, saying, “None of this would be possible without our Kangaroos who work tirelessly to ensure that Roobet remains a leader in online entertainment. Their passion, creativity, and drive have been instrumental in our achievements and all the exciting projects we have in the pipeline.

We are immensely grateful to our incredible community for their ongoing support, trust, and loyalty.”

I’ll be doing a more in-depth look at how Roobet was successful in achieving these goals in my piece tomorrow. They also have a ton of great casino promotions happening right now. But for now, congratulations again to everyone at this top Bitcoin casino!

Will Evoplay Sweep the SBC Awards?

And congratulations to Evoplay as well!

Meanwhile, one of the top game providers at Bitcoin casinos has also seen quite a bit of recognition lately. Evoplay has received seven nominations at this year’s SBC Awards. 

To be specific, Evoplay is being recognized in all of the following categories.

• Employer of the Year
• Leader of the Year (Vladimir Malakchi)
• Casino/Slots Developer of the Year
• Rising Star in Sports Betting Innovation/Software
• Innovation in Mobile
• Innovation in Casino Entertainment
• Industry Innovation of the Year

In a statement, Ivan Kravchuk, CEO at Evoplay, said: “In what has been an unprecedented year of success for the company, Evoplay is honored to see this hard work recognized in such a high capacity with seven nominations at this year’s SBC Awards. We want to wish the best of luck to all those shortlisted and look forward to the ceremony in September.”

Winners will be announced at this year’s SBC Summit Barcelona, taking place on the 21st of September. Congrats to the team at Evoplay! 

Why Awards Matter

The accumulation of awards within the Bitcoin casino sector is indicative of its rapid growth, innovation, and the recognition it receives from both industry peers and players. These awards, such as BitStarz Casino’s AskGamblers’ Best Casino 2023 Award and Roobet’s success at the MIGEA Awards, signify excellence, credibility, and exceptional customer experiences. 

Recognition through awards demonstrates a casino’s commitment to delivering top-notch services, fair play, and secure transactions, fostering trust among players. For the industry as a whole, these awards provide a platform to showcase advancements, attract new players, and establish a competitive edge. Moreover, they contribute to raising awareness about the potential and opportunities offered by Bitcoin casinos, ultimately driving further adoption and growth.

Stake and European Cricket Championship Continue Partnership

Cricket is one of the top sporting events at Bitcoin betting sites.

The European Cricket Network and Stake.com will continue their official partnership for the European Cricket Championship 2023 (ECC). 

In a statement, Roger Feiner, European Cricket League CEO, said: “Based on the success of last year, European Cricket is excited to extend the cooperation with Stake.com, one of the most innovative and engaging companies within this sector, also for the European Cricket Championships 2023.

With this engagement, European Cricket sits alongside other first-class sponsorships of Stake.com, such as their partnerships with Premier League team Everton FC, Alfa Romeo F1 Team Stake, and UFC. Like Stake.com, we are innovators, and we believe there can be a lot of overlap between our companies when it comes to principles and best practices. We are particularly excited about our new evening matches for Stake.com that will be broadcast primetime into the cricket key markets.”

The ongoing partnership between Stake.com and the European Cricket Championship (ECC) holds significance for both entities. For Stake.com, this collaboration reinforces its position as an innovative and engaged player within the sports betting arena. By associating with a prestigious sporting event like the ECC, Stake.com gains exposure, brand visibility, and credibility among cricket enthusiasts and bettors. The partnership also aligns with Stake.com’s ethos of supporting and enhancing entertainment experiences. 

On the ECC’s side, the partnership brings financial support, exposure, and access to Stake.com’s engaged user base. The ECC benefits from the promotion and coverage provided by Stake.com, contributing to the success and popularity of the tournament. Overall, the partnership exemplifies a mutually beneficial relationship that enhances the cricketing experience for fans and reinforces Stake.com’s role as a prominent player in the sports betting landscape.

Weekend Update Final Thoughts

So, that’s it for this week’s Weekend Update! 

With so many exciting things happening at our favorite casinos, it’s important to stay up to date on all the latest. You can make sure that you’re on top of the newest events by bookmarking the BCK news page. Here, you’ll find new slot reviews, casino news, opinion pieces, and the BCK weekend updates, all from yours truly. We post daily, so don’t miss out!

Also, be sure to sign up for the BCK newsletter to ensure you receive all the latest news and exclusive casino bonuses directly to your inbox. Don’t worry about getting spammed, as I only send one email per week – every Friday. You can sign up in the box on the upper right corner of this page or over on the BCK home page. 

Thanks again for being a part of the BCK community! Have a great weekend!