CASA168 To Transforms The Casino Industry With The Help Of Blockchain

CASA168 To Transforms The Casino Industry With The Help Of Blockchain

Blockchain News
October 29, 2019 by Editor's Desk
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CASA168, the blockchain-based streaming casino service provider, gets its name from CASA, which translates to “house” in Spanish. The number 168 that follows CASA implies the ‘path to success’ in Chinese. CASA168 established the BVI Corporation for the creation of what they call the new-concept casino business. CASA168 has acquired POGO licenses (online casino licenses)
CASA168

CASA168, the blockchain-based streaming casino service provider, gets its name from CASA, which translates to “house” in Spanish. The number 168 that follows CASA implies the ‘path to success’ in Chinese. CASA168 established the BVI Corporation for the creation of what they call the new-concept casino business.

CASA168 has acquired POGO licenses (online casino licenses) and PAGCOR (governmental amusement industry license). The company is engaged in several one-stop businesses related to casinos, such as casino-related lease, resort casino, development solution, operating agency and management, construction business, etc.

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What brought the company under the spotlight was their live ladder game of “Lucky Ladder,” which is a type of online casino game service. Lucky Ladder was just the start, and its success paved the way for many more online casino games to come in the future.

This game is the main one from CASA168, which demands you to bet by choosing the direction, color, and several balls falling from a round hole to the pinball board. One game is executed for 120 seconds (2 minutes); the entire game ends with 50 games, which is called one shue* (unique name of 50 game-closing method). The first shue starts at 8 a.m. every day, and a total of 8 shues (400 games) are played per day.

The story behind this live ladder game goes back to a time when a company called ‘Named’, running a sports analysis site, which is currently buzzing and flourishing, provided users with a ladder game as an optional game, the motive behind which was just to let them enjoy their spare time after analyzing game schedules of sports, winning rate, etc. and then finish their betting.

Who knew that eventually, this would gain mass popularity and become an addictive game from a mere killing-time game meant for fun. This even led to an increase in the number of members of Named to 1 million from 400,000. This idea caught CASA168’s attention, and they went on to develop the world’s first live ladder game, which promises to deliver high quality and transparency for users enjoying the ladder game. The Lucky Ladder service is expected to multiply by leading the new trend of the current game market.

CASA168 is using the power of blockchain technology to tackle issues that revolve around reliability, interest, unfairness, etc. about the casino industry. With excellent security and a better form of trust, CASA168 will lead the online casino industry with optimized services. They have had an experience of running the casino business for many years, so they are already experts when it comes to providing customers the right services.

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Why is it necessary to go Blockchain with the casino market? It is because of the problems that hinder the expansion of the industry. The one big challenge is reliability. Online casinos are not entirely reliable, and that affects the player’s trust over the platform. There could be problems with the site being hacked, the server instability, the reliability of the operating company, etc.

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Online casinos thus come with tons of cons that could spoil the enjoyment that a player wishes for while opting for online casinos — secondly, content quality matters. Online casinos lack good quality content, which would ultimately affect one the user.

Lack of proper entertaining factors could all only make the game boring. The next element could be unfairness. Online casinos might bring up issues like random shut down or off any time due to problems of illegal money laundering.

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Blockchain is the alternative to these issues. Blockchain has already gained enough popularity among other industries. It has helped in transforming traditional systems into new-age futuristic ones. Blockchain makes it impossible to manipulate the random number that may decide the issue of the game and can accurately carry out the allocation of prize money in the game based on the smart contract.

Also, by giving anybody the ability to confirm and verify them by opening the processes and results of all the games, it can ultimately have online casino users get the right rewards and fair games enabled.

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The growth of problems in the casino market, be it security concerns, content quality can all be dealt with utilizing Blockchain potential. Blockchain can also be used in legalizing gambling in different countries, which would then attract users. An innovative change into the so-called dark route of gambling could be brought via Blockchain with its futuristic features and transformational capabilities.

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