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Bitcasino.io sets Bitcoin gambling industry growth milestones

4 Apr 2016

(PRESS RELEASE) -- Bitcasino.io, the world's first legally licensed and regulated Bitcoin-only online operator, confirmed today that it has set more industry milestones in the Bitcoin gaming market, when it released its latest growth figures for 2015.

Performance highlights for Bitcasino.io in 2015 include:

• 1,370% turnover increase in 2015 compared to 2014
• Over €50m turnover in December 2015
• Largest single win of 274 Bitcoins (€100k+) on a single spin
• €14,000,000 worth of progressive jackpots
• Players from over 140 countries around the world
• Launched in August 2015, the Bitcasino.io Sportsbook has over 60,000 events monthly
• An average pay-out speed of 2.5 minutes for player withdrawals during 2015, which is believed to be one of the fastest in the industry
• No chargebacks or payment processing costs

"Since opening our Bitcoin casino in January 2014, we have witnessed tremendous growth becoming the market leading destination for Bitcoin gaming both on desktop and mobile," said Mark McGuinness, company spokesperson for Bitcasino.io. "2015 was an important year for industry awareness and player acceptance of Bitcoin as a 'seamless gambling chip' helped bitcasino.io become the premier destination for discrete bitcoin gambling. Many industry observers have referred to bitcoin as a niche product and a fad. This is far from the reality; bitcoin gambling continues to gain mainstream acceptance amongst players, particularly the millennial demographic and it will continue its growth trajectory into 2016 and beyond.

"We are also very excited to be launching Sportsbet.io in June 2016 for the UEFA championships in France. Given the success we have had with bitcasino.io, we are confident that it will become the premier sports betting destination for all Bitcoin players across all devices."
 
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