BetConstruct to move further into crypto casinos after landing MGA license
BetConstruct has been awarded a license to accept deposits in cryptocurrencies. The announcement that the company has won the opportunity to allow customers to add funds to their accounts using Bitcoin and other crypto options could lead to a raft of new crypto casinos.
White-label partners of BetConstruct including sites that operate under Vivaro Limited such as Vbet.net are now expected to become crypto betting sites and casinos in the near future following the announcement of the license being awarded to the company by the Malta Gaming Authority, which is one of the most respected bodies of its kind anywhere in the world.
More and more online casinos and sports betting sites are beginning to offer users the chance to play with crypto. Bitcoin deposits and using other cryptocurrency is becoming more popular as it is seen as a very safe and secure way to add funds to an online gambling account.
On its official website, BetConstruct describes itself as providing “a market-leading range of products with a fully manageable and powerful backoffice”including crypto casino sites. Earlier in the year, the firm announced the launch of Fasttoken, with more than 70 top iGaming content developers agreeing that they will include FTN as a supported cryptocurrency moving forward.
Fasttoken has passed audits from third-party auditors Hexens and CertiK while Fastex is a regulated virtual currency exchange and depository virtual currency wallet operator in Lithuania.
In a statement confirming the move into crypto casinos, BetConstruct said that the company’s “aspiration to always innovate and provide its partners with the latest and most effective tools and options to compete and grow their operations, has made this approval possible”.
The BetConstruct sportsbook gives clients access to some 70,000 live matches available in 20+ languages, while virtual sports and esports betting sections are also provided. On the crypto casino site, the firm has a library of more than 10,000 casino games to offer including many live dealer games, which are now being seen by many people as the future of the industry.
The new year is predicted to be a big one for the world of online crypto casinos and sports betting sites. Commenting towards the end of 2022, Candy Club president Calvin Ng forecast companies to thrive in the next bull run as long as they hit targets such as maintaining community engagement and staying relevant in what is an increasingly crowded market.
