Malta-based iGaming Group has announced the endorsement of Samecoin, a utility token, and SameUSD, a cryptocurrency pegged 1:1 with the US Dollar, and will be accepting the tokens for future use in gameplay and transactions.
“Cryptocurrencies can be used to help issues of trust between casino operators and players”, iGaming Group said in Tuesday’s announcement, a view echoed by officials at the Malta Gaming Authority.
Samecoin is known for powering the entire Samecoin ecosystem, giving holders and users benefits and rewards which they can use for governance, staking and minting.
In addition, SameUSD’s peg with the US Dollar has made it attractive due to the stable store of value.
Closing off, iGaming Group shares that its specialists are currently testing SameUSD for “real use on products for clients, and will update” customers on future progress and adoption.
The biggest winner scooped the €850,000 Super5 jackpot
The agreement adds to a growing roster of Stakelogic partners operating under Malta Gaming Authority licences
The company's portfolio of MGA-certified games has grown to 111 titles
The transaction positions Bragg to expand its presence in regulated U.S. sports betting and horse racing markets
This proposed partnership goes well beyond the traditional sponsorship model, Betsson CEO says