A new partnership has been formed that could see the introduction of the next generation of casinos. DeClub, a casino management company out of Macau, has connected with Malta-based investment firm Wide Rich Global Company to bring blockchain and gambling closer together.

According to a company press release, DeClub indicates that Wide Rich wants to buy the gaming company to build the “world’s first blockchain-based casino gaming hub with fully integrated online and land-based casinos.” To fund the purchase, Wide Rich is offering an initial coin offering (ICO), which it hopes will allow it to attract as much as $1 billion.

In a white paper about the project, Wide Rich states, “The tokenization of chips, casinos and their surrounding entertainment service providers will be able to build a pan-gambling business ecosystem together, so that people with varying business needs – from tourism, to business meetings, to shopping – can all gain easy and cost -effective access to customized and prestigious services on their mobile devices.”

During the ICO, Wide Rich will issue the “DEC” token, giving purchasers rights to host and invest in cash lending pools. At the same time, DeClub will offer its own token, the “NNC,” which are stablecoins that can be redeemed in order to cover goods or services at casinos.