Bitcoin-focused online gambling technology suppliers Coin Gaming have launched a new sportsbook to capitalize on the Euro 2016 football frenzy.

Coin Gaming, the folks behind the Bitcasino.io brand, began offering a Bitcoin-powered B2B sportsbook product last summer. This week, they announced the launch of their own Bitcoin sports betting site, Sportsbet.io, along with a companion mobile product.

The Curacao-licensed Sportsbet.io is vowing to offer over 350k pre-match events per year, with a peak of 70k events during prime months, such as this one, which sees the quadrennial UEFA championship kick off next Friday (10).

Sportsbet.io is hoping to capitalize on the Euro 2016 betting bonanza by betting that punters will see the advantage in being able to claim their winnings more or less instantly. Coin Gaming spokesperson Joe Jordan says Sportsbet.io plans to replicate the average 2.5-minute withdrawal time that Bitcasino.io customers have come to expect.