Dragon partnership with DragonBet8

Just recently Dragon Inc announced a partnership with Dragonbet8, which is an online gaming portal offering sportsbooks, casino games and poker games too. This partnership between Dragon Inc and DragonBet8 is an important step for Dragon as it is Dragon’s entry into the online gambling world. 

Dragon is already starting to transform the junket gambling industry by leveraging the blockchain technology to solve a high cost problem that VIP gamers and junket operators have in the traditional gaming market. That is the issue about getting stake money for the VIP gamers onto the tables of the junkets in Macau as well as anywhere in the world. Traditionally getting this stake money to the junket for the VIP gamers would involve multiple credit agencies as well as middle men who will charge 5% which is a huge amount considering that VIP gamers gamble upwards of tens of millions, if not hundreds of millions for a gambling getaway each time. Do not forget the charges when they try to wire back their winnings back home.

Now with the partnership, Dragon will also expand into the online gambling world and not only bring their innovation but more importantly their business acumen and customer base to the online gaming world.

Online gambling portals typically compete for the same customers as the mass gambling market. These are the mass gamblers who will play anywhere from $10 bets to $1000 bets. They are usually not the VIP gamers, although there are the VIP gamers who may venture into the online gaming as well. This occur especially during the corruption clampdown in China a few years ago. 

What Dragon Inc will bring is invaluable. Dragon has a huge VIP gambler customer base and these gamblers are a very targeted group who do not trawl the internet for gaming portals. They won’t read gambling websites reviews nor go to reddit to find out which sites offer the best bonuses. What they do instead is to take the advise of their trusted friends and agents (junket operators). 

Now with Dragon’s partnership with DragonBet8, online gaming portals will be taking note. DragonBet8 will have access to Dragon’s customers and will be able to market their games to holders of Dragon Coins. Whether this will be a deliberate marketing campaign or not remains to be seen. 

But one thing is clear, holders of Dragon Coins, especially VIP gamers, will not have the ability to gamble online and their first stop will be gambling portals that accepts Dragon Coins and perhaps give special privileges to Dragon Coin Holders. Hint to the gaming portals thinking of marketing to VIP gamers; discounts or bonuses are not what VIP gamers need, they need to be treated nicely and appropriately as VIP. 

There is a need to create special portals for Dragon Coin Holders, who are most likely to be VIP gamers. VIP gamers will only patronize places, offline or online, if they are provided with special treatment. This is key for this customer segment.

This is a whole new opportunity for Dragon, beyond the geographical regions like Macau, South Korea or even IndoChina. VIP gamers will now be able to gamble at junkets and online portals, and get treated like a VIP when they do so. That is the most important point about being a VIP gambler. Website accepting Dragon coins get ready, as you will be getting bigger and bigger transactions from this very special group of customers. Treat them well.