Bitline by Ibanera, a prominent player in the Blockchain payments sector, has announced the debut of its turnkey digital assets payment platform at the Global Gaming Expo 2023 (G2E®). Bitline, a digital asset payment system incorporating stablecoin assets, has entered into an exclusive integration partnership with Everi, a leading provider of land-based and digital casino gaming content, financial technology, player loyalty solutions, and bingo. This partnership is poised to reshape the landscape of casino payments by offering unrestricted real-time access to global casino floor liquidity, 24/7/365, through cutting-edge compliance and blockchain payment technologies.
Redefining Casino Payments
Bitline’s innovative and patented digital asset liquidity product will adhere to applicable regulatory standards and will be accessible to participating casinos worldwide. Bitline empowers casino patrons to utilize cryptocurrencies such as Bitcoin, Ethereum, and stablecoins like USDT and USDC to acquire up to $1,000,000 or more in casino chips, subject to operator and jurisdictional limits. These transactions are streamlined and completed in under 15 minutes.
The integration of Bitline’s digital asset liquidity solution into land-based casino operators, facilitated by Everi’s CashClub® suite, marks a groundbreaking shift in casino payment options. Casino operators can now embrace blockchain payments, promising increased efficiency, security, and a wider array of financial choices for their patrons.
Advantages for Casinos and Patrons
Bitline’s product offers numerous benefits to both casinos and their patrons. It enhances financial accessibility by enabling customers to use digital assets for casino chip transactions within the casino environment. Bitline’s solution is thoughtfully designed to mitigate the volatility risks associated with digital assets, providing stability and predictability for blockchain financial operations.
Richard Jones, representing Bitline, expressed enthusiasm about the integration, stating, “We are excited and honored to be integrated into such an amazing casino payment platform. We know that our product is adding the best in blockchain payments and compliance technologies to the casino payments space.”
Victor Newsom, SVP Product Management, Payments Solutions at Everi, emphasized the significance of Bitline’s integration with the widely adopted Everi CashClub financial access services suite. He highlighted that this integration enables casino operators to offer enhanced payment accessibility on a global scale, furthering their commitment to regulatory-compliant innovation.
Pioneering Casino Payment Solutions
Bitline’s presence at G2E 2023 underscores its commitment to pioneering blockchain-based payment solutions within the casino industry. With a focus on compliance, efficiency, and user-friendly accessibility, Bitline is poised to transform the way patrons interact with casino payments.
By offering the use of digital assets like Bitcoin and Ethereum, Bitline not only simplifies transactions but also provides patrons with an alternative method for accessing casino chips, ushering in a new era of financial flexibility within the casino environment.
A Secure and Efficient Future
The integration of Bitline’s solution into Everi’s CashClub suite signifies a shift towards more secure and efficient casino payment options. The utilization of blockchain technology ensures transparency and reduces the risks associated with traditional payment methods.
As Bitline and Everi continue to collaborate, the future of casino payments looks increasingly digital and blockchain-powered. This shift promises to enhance the overall experience for both casino operators and patrons, marking a significant step forward in the evolution of casino payment systems.
Conclusion
Bitline’s arrival at G2E 2023 brings with it the promise of transformative change in the casino payments landscape. Through its partnership with Everi, Bitline is set to provide patrons and casino operators with a secure, efficient, and flexible payment option that leverages the power of blockchain technology.
As the casino industry embraces this innovative solution, it underscores the broader trend of blockchain technology’s integration into various sectors, further solidifying its place as a transformative force in the world of finance and payments. Bitline’s debut at G2E 2023 marks a milestone in this ongoing evolution, and its impact on the casino industry is poised to be significant.