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Thursday, July 3, 2025

Blockchain-Based Approach to Change iGaming Industry - European Gaming Industry News

What has been the biggest user concern with online casinos? No doubt, it’s trust. Players have to trust the casino with their money, but they can’t make sure the casino is honest with everything, from filing small wins to paying out big jackpots. This issue has not been sufficiently dealt with for many years and there wasn’t a complete solution to make online casinos trustworthy enough for clients.
The blockchain approach is exactly what the industry needed for a while. Using blockchain to write down each casino’s transaction makes entertaining platforms transparent, therefore, attractive to players. And what happens when players find out there are in fact both trusted casinos and old-style, less transparent casinos? They’ll never go back to traditional, untrustworthy ones. Therefore, the blockchain approach will soon be compulsory in the iGaming business.
While creating a whole blockchain casino from scratch is difficult and expensive, there’s another way to make the existing...



Read Full Story: https://europeangaming.eu/portal/latest-news/2022/06/14/116251/blockchain-bas...

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