Market. Global gaming gross win has been increasing continuously since 2003, and it is predicted to grow exponentially over years to come. The rapid growth of this industry is being boosted by a high penetration rate of unique users with 68% of the population globally owning mobile phones and majority of them electing for ‘smart’ones. This industry, however, has been largely stunted because of three main macro-environmental issues which are:
🔗 Lack of regulatory framework.
🔗 Poor internet penetration rate.
🔗 Speed of the mobile network.
Currently, however, there is a favorable trend eliminating these problems such as positively regulatory framework and internet and mobile infrastructure undergoing major advancements. Potentially, this will impact gaming growth in a positive manner.
Casino operators’ problems.
🔗 High costs for small to mid-sized casino operators to penetrate the online gaming arena. PBET, however, have low costs of entry with their business model.
🔗 Operators lack accessibility to i-gaming expertise in the targeted region. However, with the PBET business model, which is majorly based on revenue sharing, they avail venues to a turnkey solution and access to a professional team.
🔗 There is an absence of a unified rewarding system between land-based and online casinos. Within Genuina Core, the platform has designed multiple business rules and developed supporting a logarithm to enable casino players to begin with the appropriate loyalty tier while maintaining progression depending on their online gaming activities.
Problems related to players.
🔗 The players have concerns regarding foreign gaming offerings. Through partnering with land-based casinos, such issues of trust will not be prevalent with PBET.
🔗 Players need a global immersive gaming experience. Thanks to PBET’s unified gaming platform, they can respond to such demand by organizing with their casino partners, cross channel promotions and games happening on both premises and online.
🔗 Payment transactions incur fees and hassles. PBET will allow payment through cryptocurrencies which will allow for fewer fees on deposits and withdrawals compared to traditional e-payment methods. The fund transfer feature will also empower players to use their casino account for online gaming and move their money back and forth as desired without fees and instantly. This will centralize deposits and withdrawals at the physical casino hence inspiring trust with the players.
🔗 There is a lack of unified loyalty between land-based and online casinos, and this is pretty much the whole concept behind the PBET platform.
PBET SOLUTION.
PBET’s solution is comprised of three components which perfectly interact and combine: Genuina Core, Genuina Management which can be compiled with Genuina Core and Genuine Interactive. These three commercial packages are availed to the platform’s online gaming clientele.
🔗 Combining Genuina Core with Genuina Interactive results in their unified gaming platform. This option majorly integrates its land-bases Genuina management system as part of the solution.
🔗 Combining Genuina Core with Genuina Interactive results in unifying the gaming solution for land-based and online gaming while physical operations are managed by third-party Casino Management System (CMS).
🔗 Genuine Interactive as a standalone product supports traditional gaming sites without involving land-based operations.
CONCLUSION.
PBET generates synergies between physical and online gaming channels while integrating cryptocurrencies instant payments and combining partners in a unique token-based Reward Club. Casino players can place bets and move their money without the question of trust.
🔗 https://pbet.io
🔗 https://medium.com/@pbet
🔗 https://t.me/Pbetcommunity
🔗 https://twitter.com/Pbet_Project
🔗 https://www.facebook.com/pbetofficial
🔗 https://www.reddit.com/user/Pbet_Project
🔗 https://bitcointalk.org/index.php?topic=5131435.0
🔗 https://pbet.io/documents/pbet-white-paper-2019-1.pdf
🔗 https://www.youtube.com/channel/UCwKcvC5hDqe8LQ0Q8rzhfDg
★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to PBET
Super post
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Thank-you for your comment, PBET is one of my favorite projects :)
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