The CasinoCoin Foundation has added Richard Cammegh, managing director of leading roulette wheel manufacturer Cammegh, to its advisory board as it makes a strategic commitment to bring blockchain technology into the land-based casino sector.
Cammegh was founded in 1989 and is now one of the world’s leading providers of roulette wheels, integrated roulette wheel technology and display technology. Its wheels are seen in casinos around the world, from Las Vegas, London and Monte Carlo to Macau, Singapore and Melbourne.
CasinoCoin appear to be using the appointment as a way of entering the multi-billion-dollar global land-based casino industry – which remains considerably larger than the online gambling sector, despite the latter’s huge growth in recent years.
“We see a number of particularly exciting use-cases for CasinoCoin in land-based gaming. With the digitisation of the casino floor, CasinoCoin can bring immense value across a range of fields, including immutable data gathering, as well as benefits across identity and payments,” said the CasinoCoin Foundation’s Director of Advocacy John Caldwell.
Caldwell didn’t share whether the appointment of Richard Cammegh to the advisory board would mean CasinoCoin would be directly working with the roulette wheel provider, but it will certainly open many doors.
Richard Cammegh himself was glowing in his appraisal of CasinoCoin’s potential to “truly revolutionise the casino floor”.
“Our products integrate a range of electronic interfaces and data-driven software, and this is where we could see some interesting opportunities to implement blockchain technology,” he said.
“So for me it was a case of finding the right blockchain specialist who genuinely understands gaming from an operator’s and player’s perspective, but perhaps even more importantly a partner wishing to stand shoulder to shoulder with gaming regulators the world over.
“That’s why I’m so excited to join the board of the CasinoCoin Foundation, which supports technology that has the power and experience to truly revolutionise the casino floor.”
Cammegh is the latest addition to the CasinoCoin Foundation’s board of advisors, joining the likes of Gamesys CEO Lee Fenton and Kindred Group’s chief experience officer Britt Boeskov.
CSC was trading up 19 percent at time for writing to $0.000361 for a market cap of $13 million. It is available for trade at a number of exchanges including STEX.