In an announcement at the official webpage, iGaming Business, the leading publishing, research and events company for the iGaming sector, says that it has signed a deal with GoCoin to accept cryptocurrencies including Bitcoin. The decision by the company to embrace digital currencies is further enhancing the presence and popularity.
Nonetheless, the company says that the deal will allow it take virtual currency payments from all of its clients making it the first business-to-business publishing and events company to accept these types of payments. The partnership with GoCoin a major payment processing company is one step that is going to help the two companies move ahead towards Bitcoin.
Talking to media professionals Alex Pratt, Head of iGaming Business said that cryptocurrencies offer the ecommerce and particularly the iGaming market huge opportunities whether this be minimizing fraud or lowering fees. Therefore, according to him his company is extremely happy to embrace and support this technology.
Alex Pratt is of the view that with the decision wherein from now on all his clients can pay in Bitcoin and other digital currencies, which is really exciting as it not only provides its current clients with a new way to pay us, it will also help drive our products into new markets. The partnership with GoCoin according to him is another best thing happen for the organization.
An unprecedented Development in the Segment
Interestingly, GoCoin is the first digital currency payment platform offering a tailored solution for regulated iGaming operators to benefit from bitcoin and emerging altcoins with international casual and real money games. With the partnership both the companies are expected to benefit in long run.
Eric Benz of GoCoin says that for such an incredible company like iGaming Business to realise that crypto currencies are the next best thing, is a testament to their vision and understanding of where this industry is heading. He admitted that removing friction and lowering fees has been a major quest in gaming for years.
However, according to him this is the first time that the two companies have finally come to get a solution. Nonetheless, iGaming Business has huge clientele list that includes advertisers, exhibitors and information buyers, etc. These will now be able to pay in digital currencies including bitcoin and emerging altcoins from today.
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