The ever changing regulatory environment of online gambling in Asia poses a lot of uncertainties for the potential players. As far as gambling regulations are concerned, more developments and solutions are being created in order to create a conducive gaming environment such as government licensing. However, there has still been a few hiccups along the way.
The Gambling Environment in Asia
For instance, in Taiwan, casinos are not expected to sprout anytime soon as offering gambling to Taiwanese people is illegal. Despite this, providing services to operators, like customer service, marketing, and IT infrastructure is permitted. No sooner, the country can improve in some areas, like getting credit and trading across borders.
In India, some online gaming and esports companies have received funding from VCs. Some state governments have also shown a good amount of interest in promoting and advocating esports, gaming, and casinos. With these developments, the gaming industry in Asia in general is looking up. However, for those who are still unsure where to start, there is MintDice.
MintDice: The Bitcoin Casino of Opportunities
Essentially, MintDice is a social online Bitcoin casino that has integrated a number of cryptocurrencies, including, of course, Bitcoin. You can learn how to earn interest on Bitcoin investing, profit from Dash masternode coins and other Proof-of-Stake coins free with Masternode Sharing, and “Be The Bank” with its risk free Bitcoin casino investments, earning free dividend cryptocurrency payments.
Make no mistake, gambling is still heavily restricted in Asia. However, we cannot ignore that the amount of cryptocurrency used for online gambling is staggering.
“Bitcoin is a natural fit in the online gambling world. With fast processing times, low fees and a high level of convenience it is helping to disrupt the mainstream traditional online gambling scene,” said Bryce Daifuku, CEO and founder of MintDice in an online interview.
“The rates can frequently be 2-8x cheaper than traditional casinos which many gamblers pay keen attention to. Additionally, through the use of blockchain technology and Provably Fair technology we offer some of the most transparent and fair casino games anywhere in the world through mathematical proofs – not just an arbitrary third party audit.”
With this philosophy in mind, MintDice bridges the gap between the Asian market with the gambling industry seamlessly. Plus, with a good number of alternative cryptocurrencies supported like Litecoin, Bitcoin Cash, Ethereum, Ripple, Dogecoin, Monero, Dash, PIVX, Blocknet, NEO, Decred, LUX and ZCoin, there are certainly more opportunities for everyone.
Another special feature of MintDice is its casino investing feature. While investing in online casinos can be risky and subject to loss even for extended periods of time, their casino investment model takes the outcome of bets placed by gamblers and transfers these outcomes onto investors. Since the house is more likely to win over time, investors are more likely to win as well.
There have been a lot of bitcoin casinos over the years, but what really makes MintDice the go-to Bitcoin casino is the social aspect of it. Besides dealing with the intricacies of capital controls and technicalities, MintDice offers an accessible site that offers Bitcoin games like Bitcoin dice, Bitcoin slots, and Plinko online and an accessible place for fun Bitcoin chat with an amazing community. Surely, for players from Asia, MintDice is a boon.
Get the latest in Asian Bitcoin news here at Coin News Asia.