Elray Resources partners with Maxibet Technology

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Updated March 15, 2023 | Published March 15, 2023

2 mins read

The move is Elray Resources’ first collaboration with a gambling operator.

Developer and licensor of online crypto gaming technology Elray Resources has partnered with its first gambling operator Maxibet Technology.

The firm is in the process of finalizing the operator’s blockchain casino under the Maxibet brand name, licensed in Curaçao and set to operate globally.

With crypto payments currently representing 25% of all online gambling payments, standing as the fastest-growing sector in gaming, the global crypto gambling market is predicted to reach $93bn by 2024, according to figures stated by Icon.

Elray co-founder Cathy Feng said: “It’s apparent that the online gambling business has evolved to embrace cryptocurrency, and crypto casinos have been capturing a significant share of the worldwide gambling market – a trend expected to continue at a rapid rate.

“We are confident that Maxibet and additional online crypto gaming operators who utilize Elray’s turnkey platforms will be highly successful and generate substantial revenues for themselves and Elray.”

Feng expects the Maxibet platform to launch shortly and noted the company’s plans to adopt Elray’s technology with additional crypto operators.

“We believe our offerings will be well-received and successful in multiple regions”, she added.

The announcement follows the firm's previous move signing a distribution deal with Golden Matrix Group to acquire its gaming content.

As a result, all gambling platforms created by Elray for Maxibet and other business-to-business online casino operators now feature gaming content provided by Golden Matrix exclusively.

Looking for your next crypto casino? Check out: Bitcasino, Gamb.co or FortuneJack.

Written by Isabella Aslam

Reporter

Isabella is an experienced writer in B2B and B2C journalism. Alongside crypto, Isabella writes and discusses the topics of relationships and psychology. Isabella holds a first-class degree in music journalism and often interviews electronic artists and DJs.
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