Speed Media Buys CoinPoint Group’s Bitcoin Casino

Cryptocurrency investing is a form of gambling, and Bitcoin and crypto-only casinos have revamped and generated new income streams for gaming platforms. Gambling platforms that provide Bitcoin only and anonymous gambling are stealing the show, and companies like Speed Media are joining the crypto gambling frenzy.

speed media crypto casino dappgambl
speed media crypto casino dappgambl

Speed Media takes on Bitcoin gambling

Speed Media, an iGaming digital marketing service that handles and owns a big network of websites, dipping its feet into the crypto industry after it purchased one of CoinPoint Group’s major crypto gambling outlets. 

Speed Media’s ability to market and increase user retention can help CoinPoint Group’s gambling website increase its revenue streams. The company currently owns some of the leading crypto gambling websites, including BetBitcoinSlots.com, BestBitcoinCasino.com, and CoinChase.com.

As blockchain and cryptocurrencies are becoming in-demand products across the digital space, Speed Media will tap into new market potentials and vertically expand the network value. This might include offering new crypto services and expanding the casino’s exposure in the Web3 and the Metaverse.

According to one statement, Speed Media still sees CoinPoint Group as a key partner. As such, we expect both companies to collaborate and ensure a smooth transition without inflicting any damage on the platform’s security and integrity. 

The new acquisition will serve a launchpad for Speed Media to enter the new and exciting crypto gambling scene. By leveraging the worth and value foundation of CoinPoint Group’s existing websites, Speed Media will have a faster ascendance towards the top of the crypto gambling space.

Moreover, Nikola Teofilovic, Speed Media’s CEO, highlighted that the current acquisition is just one of the many planned for the coming year, which will ultimately help the company achieve its desired growth level.

What’s next for crypto gambling

Speed Media is a perfect example of how agencies interested in entering the crypto gambling market can capitalize on established platforms to gain market recognition.

CoinPoint Group has threaded strategies to capture as many crypto gamblers as possible by creating tailor-made websites for every type of player. Regardless of players’ crypto status and understanding, the websites purchased by Speed Media covered all crypto consumer types.

As iGambling industry leaders continue to explore new ways of expanding the potential of crypto gambling platforms, new features and innovations will occur, offering further incentives for crypto gamblers.

Vlad Hategan
Written by Vlad Hategan verified symbol NFT Gaming Specialist
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Vlad is a cryptocurrency expert and social media specialist. With a focus on cryptocurrency culture and how network variables affect cryptocurrency interactions, Vlad has learned the industry's complexities. He is committed to sharing his knowledge in various crypto sectors with anyone interested and is always looking for the next big narrative! Vlad is always interested and keen to be on top of every new blockchain development.

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Reviewed and Fact Checked by Will Wood , Crypto Gambling Expert