Vegas Cryptocurrency Firm Buys UK Casino Games Developer

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New cryptocurrency-enabled casino games may be hitting the market in the following months, according to a press release from Vegas-based crypto firm Blockchain Innovations Corporation (BCI). The company, which focuses solely on developing blockchain solutions for casino wagering online, has recently acquired UK-based game developer The Games Company (TGC) – a firm with an impressive list of customers. To learn more details about the acquisition, just keep reading.

Popular UK-Licensed Developer to go Blockchain

Last week, BCI announced in an official press release that they have acquired TGC in order to diversify their product portfolio. Not known to many international players, TGC is an independent casino software development company based in the UK that specializes in creating HTML5 gambling products for online casino operators. They create quirky and unique games, some of the more popular being slots like Hippie Chicks and KGB Bears or lottery-based games like Lucky 8 Keno.

Most of TGC’s customers are major gambling brands like Will Hill and Lotto Quebec, which are both well-known in their domestic markets but also to an international audience. The developers are licensed by both the UK Gambling Commission as well as in Alderney and their games can currently be found in operators from Gibraltar, the UK, Canada, and in the following months Malta as well.

According to BCI, the acquisition was done to increase the company’s product range by adding games with a proven success and adapting them to blockchain technology. Matt Stafford, CEO of the company, says that they are excited for the acquisition because it will further establish BCI as a “full-product suite B2B gaming platform provider”.

Hans Winkelmann, founder of TGC, also shared a comment for the acquisition, saying that it will enable TGC to deliver their games to new unconquered markets and on new “revolutionary technology”. He adds that by combining efforts, TGC’s games can now tap into the emerging Bitcoin market with a capitalization that exceeds $60 billion and the exposure of which now counts over 22,000,000 wallets.

Changing the Industry with Smart Contracts

Based in Las Vegas, BCI is a very recently incorporated company that designs “market-ready” blockchain solutions for gaming companies from across the world that work both in the fiat-money sector as well as the cryptocurrency sector. In its products range, you can find a full set of products for online gambling operators, from a casino and sportsbook to a payments service, and beyond, all incorporated into one blockchain-friendly platform that offers provably fair gaming, deposit-less wagering, and instant transfers.

From the information available on BCI’s website, the company’s product suite is based on a real blockchain platform that involves smart contracts. BCI has also developed its own fine-tuned cryptocurrency called the Pebble Coin which has been mined since 2015. This coin reportedly allows punters the benefit of instant confirmations for a smooth and “frictionless” wagering experience. How long until TGC’s games appear on the platform remains unclear at this time, but it is nevertheless positive to see new gaming companies enter the cryptocurrency gambling sector.

December 26, 2018: • No Comments

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