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Virtual Casino Game – Players are flocking to virtual casinos on the Metaverse app. Players play in Decentraland to strike cryptocurrency riches
Metaverse tourists now send their gambling selves to virtual poker rooms to bet on cryptocurrency fortunes.
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In Decentraland, a virtual space accessible through a web browser, visitors can choose an avatar to visit different destinations, Bloomberg reported. But the most hyped virtual hangout is the ICE Poker casino.
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Inside, hundreds of cartoon people in street clothes and sunglasses float near the poker tables at the sound of a winning hand — a cash register or a pile of clapping emoticons.
To play, online guests must borrow or buy a virtual fake piece sold by the casino — a hat, sunglasses, shirt, cigar — that can later be sold for cryptocurrency, Bloomberg reported. Poker chips can be used to upgrade items and increase their value.
In Decentraland, the poker rooms known as ICE Poker are operated by Decentral Games, a pioneer in gaming for money, founded in 2019 and based in Virgin, Utah, according to Crunchbase. The company doesn’t have a US gaming license and claims it doesn’t need one because players don’t cash out chips directly after the game.
According to Bloomberg, Decentraland is an amalgamation of two topics in demand for tech investors: Metaverse and Web3, a decentralized online ecosystem based on blockchain.
Virtual Vegas: Gambling Gets More Immersive
People buy and sell the app’s custom currency, MANA, which has a market cap of $4.7 billion. According to its creative director, about 600,000 people use the app every month.
Financial speculators spent more than $500 million last year buying virtual real estate in Decentraland and three other metaverses, according to data from MetaMetric Solutions reported by CNBC.
“The biggest problem with the metaverse right now, even at the beginning of ICE Poker, is that it’s empty,” Decentral Games founder Miles Anthony told Bloomberg. “So we’re trying to populate Metaverse, basically, with this, and it seems to be working so far.”
Anyone can play poker in Decentraland as long as their characters have digital swag called ICE Wearables. Decentral Games sells them on their website for around $5,000. Each is a non-fungible token (NFT), meaning it is unique and can be resold on marketplaces like OpenSea.
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Decentral Games has paid out $15.4 million to players, CEO Ryan D’Taboada said. One day in February, approximately 10,000 people played poker at Decentraland. Of these, only about 11% had NFTs used to log in. The others borrowed one.
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Just like the casino nights we live. Guests can remotely join a blackjack, roulette, poker, craps or wheel table and play with colleagues, customers or friends while interacting with a live dealer. Each player receives the same number of starting chips to start. They start playing at any table and can even move from one table to another to try different games during the event. At the end we can add up the total number of chips for each person to determine your winnings.
We use a hybrid model with proven online technology and a live table and dealer to recreate the casino night experience for remote guests so they can play from home, work or wherever they want. We work with you, the customer, to organize the casino night and ensure you have the right mix of tables for the best experience for your guests. You can have one or more casino tables including blackjack, roulette or money wheel and even craps games with fun dealers. Our boss Pete hosts the evening and makes sure everyone gets to a table and has a good time.
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We own and operate over 350 attractions and carnival rides in the lower 48 states of the United States including Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa . Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
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