LimoPlay introduces Bitcoin to lead the gaming industry

Nowadays, a large number of gambling websites have emerged, and each platform wants to take the lead in this competition.

There are more than 500 gambling sites, but LimoPlay is one of the few that accepts both Bitcoin and fiat currencies. Operations director Jay Simons described LimoPlay as a unique gambling site because it is "player-oriented."

“The use of Bitcoin by gambling sites is not just a new market, but an unprecedented opportunity”

In an email interview, Simons told CalvinAyre.com,

“We also accept fiat currencies, but using Bitcoin provides convenience for players who are unwilling or unable to deposit funds via credit card or wire transfer.”

There are only a few dozen gambling sites that accept both Bitcoin and fiat currencies, and Simons acknowledged that operators still face challenges with cryptocurrencies, such as the security level of accounts and services used to store and exchange digital currencies.

Simon said operators must learn how to handle Bitcoin, trust the blockchain, secure cold and hot wallets, approve transactions and even use automated refund mechanisms.

He explained,

“Bitcoin payments and fraud are also different, and working with Bitcoin experts and marketing resources is how we better understand how to perfect the player funnel.”

Despite this, Simon still believes that there are “limitless” opportunities for the growth of the Bitcoin casino business.

Simon noted:

“Many players from Asian and Eastern European countries have shown interest in this, and we are launching the platform in more languages. We understand the advantages that using Bitcoin can bring to players and us, and this is the focus of our work.”

LimoPlay has over 250 games from the top gaming providers and is powered by well-known software providers in the field – such as Betsoft, SoftSwiss, NetEnt, Ezugi, etc.

“We decided to take a luxurious approach”

Simons said:

"We don't mind spending more initially because this will be a long-term business. We will provide our players with everything they need and what they ask for, to guide them, to cater to them, to teach them how to play. We believe this is the right way."

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Original article: http://calvinayre.com/2015/12/01/business/limoplay-banks-on-bitcoin-to-get-ahead-of-casino-game/
By JASMINE SOLANA
Translator: Wang Er
BTC address: 16enj2bapYdzPfa2DWSVaT1g95MCXg2hHt
Editor: printemps
Source (translation): Babbitt Information (http://www.8btc.com/nexuslab-blockchain)