VegasWinners, a provider of high quality content and industry intelligence for sports betting enthusiasts, announced an agreement with Spartan Casino, a sportsbook and casino seeking to bring the cutting edge in Blockchain technology into the sector.
Spartan Casino is currently developing a new casino model completely based on the burgeoning blockchain. Through the introduction of a blockchain-based ecosystem and utilizing a custom set of smart contracts and live dealer games that meet online gambling requirements, the casino seeks to eliminate the risk inherent to gambling as a process by creating a decentralized system built on transparency. Hence, this new joint venture allows Spartan Casino to supercharge its growth via VegasWinner’s media mastery.
The agreement is as follows: starting next year, VegasWinners will receive $5,000 per promotional video made for Spartan Casino. The former will produce between one and ten videos a month and the company will receive 10% of the revenue gained by Spartan Casino via the traffic generated by the videos in question. The CEO of VegasWinners, Wayne Allyn Root, has also been designated as a Spokesperson and Brand Ambassador for Spartan Casino and any related products. He will also serve on the advisory board of the Casino and the Casino will promote VegasWinners on its website and promotional material.
Kavita S. Naithaani, CEO of Titan Corp, the parent company of Spartan Casino, stated that “we are very excited to onboard Wayne Allyn Root as our Brand Ambassador. We are confident that his knowledge and experience in the gaming industry and his versatile background will take this Partnership to a new level. Welcome Wayne.”
On the other hand, Mr. Root has stated that “We are very excited to announce this joint venture with Spartan Casino. Our Company VegasWinners is in the business of predicting the winners of sporting events within the USA, for an audience of U.S. sports bettors. This deal with Spartan Casino has the potential to expand our reach to a global audience of bettors outside the USA. It accomplishes two goals. We add a new revenue stream for VegasWinners as we receive a percentage of revenues from Spartan Casino for our promotion of their casino and sportsbook to a global audience outside the USA and we brand our VegasWinners name to that same global audience of casino and sports bettors outside the USA.”
Several suppliers have already noted the potential for Blockchain revolutionizing the way online casinos work. The technology’s ability to provide both transparency and security while also cutting out unnecessary red-tape. This being said, the legal hurdles and regulatory oversight that come part and parcel with emerging technologies as disruptive as the Blockchain may act as significant moving forward. This being said, igaming has proven to be a resilient and ever adapting industry with online casinos such as the ones at NorgesCasino.com and OnlineGamblers having an extremely successful run regardless of the pandemic.