GoodGaming, an online gaming operator, is all set to launch a new iGaming brand in association with CasinoCoin. In recent times, there is an upsurge in cryptocurrency-based gaming, and the firm strives to capitalize on it. Isle of Man Gambling Supervision Commission licenses the iGaming. As per reports, the casino-based game will allow withdrawals and deposits in CasinoCoin.
The handling of KYC and AML by CasinoCoin will allow users to play at any venue that accepts CasinoCoin with a single registration. It will also simplify the deposit and withdraw for users. GoodGaming’s Chairman, Oliver Wu, said,
The new brand will enhance the user experience by adding features like lightning-fast transactions, low fees, and seamless registration. The tie-up with CasinoCoin will bring the flexibility of blockchain technology in the gaming experience. Blockchain will help in quick scaling up, adding a world-class user experience via the bankroll manager, says Oliver Wu.
Digital Isle of Man’s CEO, Lyle Wraxall, congratulated the GoodGaming team noting that we are proud to ensure “responsible gambling measures.” He further added,
Regarding the latest announcement, John Caldwell, director of advocacy at CasinoCoin, stated that the firm had worked closely with GoodGaming and Blockchain Isle of Man to deliver “a real-money cryptocurrency gaming business case within a fully compliant, KYC-ready framework.”
Speaking of the technological advancements, Caldwell went on to add that the blockchain and bankroll manager are an example of state-of-the-art engineering feat and is built specifically for use cases such as the iGaming project.
John Caldwell said,