ComeOn Group Introduces Live Casino: Ruby Lounge
Cryptocurrencies and online casinos have been going hand in hand with each other for a long time now. In fact, gambling is one of the promotional strategies used by Bitcoin to get exposure in the 00s. Now, the industry has grown into a bigger market, with more people preferring to use cryptocurrencies in place of fiat money. We also see numerous online casinos springing up every day to have a piece of this growing market. Yet, established casinos have always been a step away from adopting cryptocurrencies.
Things, however, might be changing for good for cryptocurrencies in traditional gambling brands. As per the recent report, ComeOn groups are planning to explore live casinos with the launch of the new Ruby Lounge. This lounge will accept players from several sites to play. However, the games would be conducted by the dealers of ComeOn Group. Currently, Rune Lounge is still in the developing phase with a limited number of seats. The aspects of the lounge will be developed and more seats included in the coming days.
The Ruby Lounge is developed by Evolution Group that has been in partnership with ComeOn for several years now. From the Evolution studios, the new lounge is set to be available 24×7. This new product from this partnership would be nurtured as a separate brand under these two names. The launch of Ruby Lounge is seen as good news for crypto-based gambling. This perspective about the adoption of cryptocurrencies is justified based on two assumptions.
First of all, the Ruby Lounge is still being developed. As the market for crypto gambling is high, the chances of cryptocurrencies being overlooked in the upcoming updates are minimal. Moreover, the launch of new products from such established brands are trying to explore new markets, live casino, video poker, slots, etc. Their interest in new markets is expected to meet with the rapid mainstream growth of cryptocurrencies soon in the future. However, many trustworthy online casinos are already supporting cryptocurrencies as a wagering option for popular games like roulette, baccarat, blackjack, etc. If you would like to play online crypto blackjack, check out the link given and earn huge rewards.
The reasons for hesitation shown against cryptocurrencies by popular brands owes much to state and federal policies. In the USA, many states are debating over legalizing cryptocurrencies. Even the states that legalized crypto demand huge taxes for crypto-related activities. Recently, the state officials from Nevada started about the lack of regulators for crypto betting and gambling. Still, the demand for crypto casinos is rising, particularly in the last couple of years following the pandemic. So, even traditional and brick-and-mortar casinos are looking for other options like moving online to establish a foothold in the growing market.