Asia Live Tech Brings The First iGaming Software With Bitcoin

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Online gaming, one of the fastest growing forms of entertainment, is now easier than ever, thanks to the introduction of cryptocurrency as a payment option. Using cryptocurrency, customers can place bets easily, not have to deal with exchanging currencies and know that their identities are protected at all times.

Asia Live Tech (ALT) now offers the first bitcoin iGaming software, making it possible for anyone with Internet access to offer online games backed up by its licensed land-based casinos.

ALT has emerged as the first bitcoin iGaming software provider in Asia and as one of Asia’s most trusted iGaming brands, dedicated to surpassing its own achievements through evolving methodologies, development practices and qualitative systems.

Focus On Popular Games

The company’s online gaming solutions focus on popular products such as live streaming Western and Asian table games (Baccarat, Roulette, Sic Bo, Fan-Tan, Xoc Dia, Dragon Tiger, Belangkai, etc.); Asian lotteries and keno; sportsbook betting; and slot games.

ALT has already gained a foothold in many Asian markets thanks to its technology and content, including white label software, mobile and social platforms; online and mobile casino games; live dealer casino; sports betting; slots games; lotteries; and server-based gaming systems.

The white label software solution allows ALT to provide a gaming operator with a new, functioning and modern iGaming website, including high-tech payment methods accepting cryptocurrencies.

Cryptocurrency Brings A New Era

Cryptocurrency, for its part, represents a new era in online gaming for new and existing operators alike.

With bitcoins, a gaming operator can reach customers worldwide. Customers can play with anonymity. In addition, players don’t have to bother with bank transfers and credit cards.

By offering a bitcoin online casino, the operator not only earns money like other operators, but the currency is likely to increase in value over time as bitcoin becomes more popular.

Revenue Sharing Pool

One of the most revolutionary aspects of the modern iGaming industry, however, is ALT’s iGaming Revenue Sharing Pool Program. On top of the operators' own revenues, they can also bag additional revenue, a share of almost 30% from ALT’s revenue as part of a pool between all operators using the iGaming software.

Under the program, 91% of all revenue from an operator’s online casino or iGaming website will be the operator’s to keep. At the same time, however, nearly 30% of ALT’s revenue goes to a shared pool that gets redistributed among all the operators in the program. This allows operators to pocket an additional share of the revenues, including those from markets they aren’t even operating in.

The total gross wins for each operator is combined to form an overall operators' total gross win. Two percent of this is then accumulated to a total ALT revenue share pool (almost 30% of ALT’s revenue), which is then redistributed among all operators using the software. If, for example, the overall operators total gross win was $39 million, the total ALT revenue share pool given by ALT is $780,000.

To participate in this program, online gaming operators will start their white label online casino software or integrate ALT’s games. Once the operator has grown their business, they can earn revenue from the pool on top of their regular revenue from running their website.

Licensed By A Legal Casino

To help new operators get started or keep working within the iGaming market without having to worry about legal issues, ALT offers a solution with its licensed land casinos with online gaming license in Cambodia, the Lucky Ruby Casino & Resort and Lucky89 Casino & Resort.

The two land casinos have full authorization by the local authorities to operate gambling activities, offline or online. ALT can permit other operators to use its online gaming license.

New online casino operators only have to send their logo, explain which design they envision for their website, then select the games they want to have on their iGaming website.

ALT is committed to providing cost-effective, custom-built services, adapted to the needs a casino operator will have and the challenges he will face. Should an operator wish to have their own website or integrate ALT’s products into their existing website, ALT is willing to meet these requests.

About the author

Lester Coleman

Lester Coleman is a media relations consultant for the payments and automated retailing industries.

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