When it comes to casinos, and basically any other gambling setups, transactions are always in cash. Here cash means the ordinary paper (or silver, or gold or copper) money. A new virtual currency, Bitcoins, which unlike most currencies, is used online and has no boundaries, was introduced a while back and is increasingly gaining popularity. Some online businesses have already started accepting the currency as a means of payment including a few online casinos. Coin Gaming Limited is a casino management company that set ups and manages casinos that deal exclusively in Bitcoins.
The need for Bitcoins casinos arises from the fact that transacting with Bitcoins costs next to nothing compared to the prohibitive costs associated with sending ordinary money. Currently, Coin Gaming Limited operates 3 casinos and is based in Curaçao, like many other casino operators. The Coin Gaming Casinos are licensed under the jurisdiction of Curaçao and the European Union. Unfortunately, due to legal restrictions, you won’t be able to access the sites with an IP that can be traced to the US.
The company initially started with one casino some time back. Two more casinos have been established quite recently, making it 3. These casinos are BitWin Casino, Bit Casino and Bluff A Bit Casino. As the names humorously suggest, the casinos only accept players who have a Bit (pun intended) of (Bit)coins to spend. Coin Gaming Limited Casinos offer live dealer gaming on both mobile and web versions. Here, players get to try their luck and test their wits against the skilled house dealers with huge payouts up for grabs. These games are instant play games and only require a modern browser and most importantly, reliable Internet. As a fact, the Live Dealer games are transmitted in HD from standard television studios and offer clear sound and visual effects similar to the ones in land casinos. For Internet gambling enthusiasts, the absence of Random Number Generators (RNG) in most games might be a hard pill to swallow. To make up for that is the real-time interaction with the casino dealers, very similar to what goes on in brick and mortar casinos. This increases excitement and makes every spin feel special.
Coin Gaming is regulated and autited by the Curaçao gaming control board and other e-gaming regulators, chief among them eCOGRA. These bodies carry out regular tests and audit the company’s servers to make sure they adhere to the set gambling rules.
When it comes to security, it is very hard for fraudsters to interfere with Bitcoins transactions as they make use of peer-to-peer networks which make it easy to track movements. As far as customer data is concerned, Coin Gaming Limited casinos use the most modern encryption technology that effectively keeps hackers and fraudsters at bay. With more and more people warming up to Bitcoins, it is safe to say that Coin Gaming can only go higher.
Unlike the ordinary casinos, Coin Gaming Casinos do not give bonuses in form of cash. Instead, new players are awarded free spins as a welcome bonus while the other players also get the free spins and loyalty points as part of the reward system. In line with the cashless nature of the casinos, the bonus items cannot be redeemed for cash or withdrawn. They’re all for playing.
One might think that with Bitcoins casinos, the type of software used will be different. Apparently, that is not the case as all the three brands are powered by some ordinary software providers with the games only undergoing a few tweaks to make them coin-convenient, so to speak. Among the game suppliers is Betsoft Inc, a well known brand that specializes in the modern HD games and licensed titles. Little known Ezugi, Igrosoft and NetEnt also contribute to the game tally. Each Coin Gaming casino hosts an average of 250 games of all types, from the classic slots to the popular table games and even to the more modern video poker games. Most of all, these software support the Live Dealer games perfectly.