When a person wage money, or something else of value on the prediction of an event where the outcome is uncertain, this act is called Gambling. The primary intent for gambling is to win money and or prizes. Casino is a facility which houses and accommodates certain types of gambling activities. The industry that deals in casinos is called the gaming industry. This market has grown wide over the years and still growing, leading so many companies and industries from all over the world to wanting to participate in and the a part of the action.
There has been massive increase in the popularity of gambling apps and social online gambling with the achievements in technology over the pat decade. Thus, showing the market is shifting for consumer gambling habits.
Online gambling is taking its place and gradually replacing land-based casinos. However, It is another thing to develop and run a successful online casino because it is totally different in term of processing when compared to land-based casino, due to some effects like:
Trust Issues: There are so many illegal casino games online leaving so many players to worry about the reliability of online casino games. Even as Cryprocurrency as solve many transaction issues, there are still illegal online casino games that seize this Crypto technology opportunity to cheat their clients by depriving them of withdrawing their balance.
High Cost Of Investment: To develop and run an online casino can be very costly and requires lost of equipments like; There will be need for a live casino studio which would include live video streaming equipments and operators to handle these equipments, also several dealers will be needed to host the games and lots more. But to get all these packages in setting up a live casino studio is very costly.
License Related Issues.
Over the years, online gambling has been highly regulated due to some illegal activities like underage gambling and fraud. In order to reduce this effects in the society, there is need to issue a license. Issuing the license will go a long way but the problem is process required to apply for the online gambling license is costly and time consuming.
Introducing Globecas
GlobeCas is the World's first integrated entertainment platform connecting land-based casinos throughout the world to livestream their real-time dealer games.
Source
The Globecas has invested millions of dollars to develop a full range of gaming software and solution provider in the gambling industry
The Globecas aimed to provide a solution to simplify the process of land-based casinos and making the move to an online format while minimizing the cost at the same time by creating an integrated platform which will allow the land-based casinos throughout the world to broadcast their real time dealer games. The Globecas will fully provide compliance control, equipment setup, gambling software, technical and customer support as one-stop services with their (Globecas) Combined Remote Operating License issued by UK Gambling commission and many years of solid experience in gaming industry, and enabling universal players to enjoy gaming on their computer at home or through their mobile devices without visiting the physical casinos.
The transaction method across all land-based and online casino in the network is been standardized by GlobeCas by using the GCT, meaning the client can as well use GCT as trading currency allowing them to gamble across different land-based casinos and will also protect and support clients as they can withdraw at any place and at any time without problem.
GlobeCas Token (GCT)
The GCT is developed according to ERC20 token standard on Ethereum Blockchain and serves as standard currency for the GlobeCas platform, it brings the global casinos closer and open opportunities to gambling industry.
GCT Allocation
Roadmap
Thanks for reading about the GlobeCas, you can visit the following links to know more about this project:
Website
Whitepaper
Facebook
ANN
TWITTER
TELEGRAM
BITCOINTALK..
On Bitcointalk.io, I am Folajuwon56
Note: Image sources from Facebook and Whitepaper
This is a an amazing project, aimed to provide a solution to simplify the process of land-based casinos and making the move to an online format while minimizing the cost
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This is very interesting and promising projects with a great team and also great add on to online casino
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