In a sea of casinos available online today, one platform is aiming to get ahead of the game.
There are more than 500 casinos available in the market today, but LimoPlay is among the handful of bitcoin casinos that also openly accepts fiat currencies. Marketing Manager Jay Simons described LimoPlay as a different kind of casino that is “players oriented only.”
“Bitcoin for online casinos is not just a market, but a processor opportunity,” Simons told CalvinAyre.com in an email interview. “We also take fiat currencies, but the fact that we have bitcoin opens the door for players who cannot or don’t want to deposit with credit cards or wire transfer.”
Currently, there are only few dozens of bitcoin and fiat casinos in the market today, and Simons admitted operators are still faced with the challenges cryptocurrency presents, such as the level of security among the wallets and services used to store and exchange digital currency.