[HAVELOCK] CasinoBitco.in CBTC

[casinobitco]

Junigan - Be sure to read the full report, posted on Havelock for in-depth details on expenses and what's next in-line for development. While we had record revenue in April, a lot of our revenue was put back into the company in terms of bug / security fixes and other internal investments. The full P&L has the details you're looking for.

Why wasn't the divided higher, when the earning were record?

And also, can we get some updates on what's going on with the sites. What's next in line for development?

[1715321269]

1715321269

[chinchs]

Junigan - Be sure to read the full report, posted on Havelock for in-depth details on expenses and what's next in-line for development. While we had record revenue in April, a lot of our revenue was put back into the company in terms of bug / security fixes and other internal investments. The full P&L has the details you're looking for.

Why wasn't the divided higher, when the earning were record?

And also, can we get some updates on what's going on with the sites. What's next in line for development?

Do you know when May report will be published (meaning half month report on the google docs library)? Thanks in advance.

[casinobitco]

Friday the 16th.

Junigan - Be sure to read the full report, posted on Havelock for in-depth details on expenses and what's next in-line for development. While we had record revenue in April, a lot of our revenue was put back into the company in terms of bug / security fixes and other internal investments. The full P&L has the details you're looking for.

Why wasn't the divided higher, when the earning were record?

And also, can we get some updates on what's going on with the sites. What's next in line for development?

Do you know when May report will be published (meaning half month report on the google docs library)? Thanks in advance.

[chinchs]

Friday the 16th.

Junigan - Be sure to read the full report, posted on Havelock for in-depth details on expenses and what's next in-line for development. While we had record revenue in April, a lot of our revenue was put back into the company in terms of bug / security fixes and other internal investments. The full P&L has the details you're looking for.

Why wasn't the divided higher, when the earning were record?

And also, can we get some updates on what's going on with the sites. What's next in line for development?

Do you know when May report will be published (meaning half month report on the google docs library)? Thanks in advance.

Thanks!

[Morguk]

I think the banner/slider on the main site is too large, it should be reduced in height by half so you can see the different game types on a smaller screen without scrolling down.

Plus the white background doesn't work with the black theme.

Just my 2 mBTC.

[_mr_e]

Friday the 16th.

Junigan - Be sure to read the full report, posted on Havelock for in-depth details on expenses and what's next in-line for development. While we had record revenue in April, a lot of our revenue was put back into the company in terms of bug / security fixes and other internal investments. The full P&L has the details you're looking for.

Why wasn't the divided higher, when the earning were record?

And also, can we get some updates on what's going on with the sites. What's next in line for development?

Do you know when May report will be published (meaning half month report on the google docs library)? Thanks in advance.

C'mooooooooooon results!;)

[casinobitcoin]

Results for May 1st through 15th are posted!

Sportsbook

We're in the homestretch of moving the sportsbook to a new backend with the 3rd party mentioned in previous reports - we've successfully wired up the main sports and have placed test bets. Our go-live for customer traffic is early next week, and we confident this new integration will allow us to compete much better as our lines will adjust based on action, and we'll be able to accept larger bet sizes than we currently support. This will also help us alleviate our risk, and ultimately accept a much higher number of bets, helping to "smooth" out our future results in this area.

We're VERY excited about the potential of this new piece of our business, and can't wait to show it off!

Casino

CasinoBitco.in remained consistent earning ~12 BTC in the time period; however, PeerBet (Wheel and Dice) and Bit777 have continued to underperform well below expectations losing ~13 BTC in this timeframe. Our Analytics and Engineering teams are reviewing all datapoints available to determine if we're just in a bad run of negative variance, or whether there are systemic issues that are surfacing. We'll have more data on this in the monthly report as well as focus on near-term strategies to "right the ship".

Conclusion - A cloud with a silver lining so far in May, as we expect our efforts for improvement will pay off in the long run, and after we can root out any potential security risks at Peerbet (countermeasures have already been taken).

[_mr_e]

Damn, worst performance in a long time. I thought these days were behind us:( I really hope this new sports provider can eliminate these negative results. Also it seems like these purchases are becoming a real drag on our business. Sometimes I wonder why we even purchased Bit777 when it has a huge overlap of games we already offered, especially now knowing that it's based on expensive Microsoft tech. We could have just programmed the missing features into our core site for less money then it's costed to buy/integrate/host I would think.

For the first time since buying in, I'm getting a little worried about this security. I had high expectations here, and still do, but I really hope we see some solid fruits of all this labor soon.

[casinobitco]

Our feedback for all investors in this security is to remain patient, a true business will yield returns over-time. If anyone is promising big returns < 1 year in, they are assuredly scams (and you don't need to look very far to see practical use cases).

While my team and I often get caught up in the short-term results, we remain positive that we are all in this for the long haul. Bitcoin is young, our business is even younger - but gambling with Bitcoin IS the future.

Damn, worst performance in a long time. I thought these days were behind us:( I really hope this new sports provider can eliminate these negative results. Also it seems like these purchases are becoming a real drag on our business. Sometimes I wonder why we even purchased Bit777 when it has a huge overlap of games we already offered, especially now knowing that it's based on expensive Microsoft tech. We could have just programmed the missing features into our core site for less money then it's costed to buy/integrate/host I would think.

For the first time since buying in, I'm getting a little worried about this security. I had high expectations here, and still do, but I really hope we see some solid fruits of all this labor soon.

[shmoula]

Damn, worst performance in a long time. I thought these days were behind us:( I really hope this new sports provider can eliminate these negative results. Also it seems like these purchases are becoming a real drag on our business. Sometimes I wonder why we even purchased Bit777 when it has a huge overlap of games we already offered, especially now knowing that it's based on expensive Microsoft tech. We could have just programmed the missing features into our core site for less money then it's costed to buy/integrate/host I would think.

For the first time since buying in, I'm getting a little worried about this security. I had high expectations here, and still do, but I really hope we see some solid fruits of all this labor soon.

lol, u srs?

[addi]

Results for May 1st through 15th are posted!

Casino

CasinoBitco.in remained consistent earning ~12 BTC in the time period; however, PeerBet (Wheel and Dice) and Bit777 have continued to underperform well below expectations losing ~13 BTC in this timeframe. Our Analytics and Engineering teams are reviewing all datapoints available to determine if we're just in a bad run of negative variance, or whether there are systemic issues that are surfacing. We'll have more data on this in the monthly report as well as focus on near-term strategies to "right the ship".

Conclusion - A cloud with a silver lining so far in May, as we expect our efforts for improvement will pay off in the long run, and after we can root out any potential security risks at Peerbet (countermeasures have already been taken).

Something is seriously wrong with your Bit777/PeerBet revenue. Almost 100% sure you have a glitch that allows ppl to steal coins.

[casinobitco]

We don't disagree - we actually disabled Dice for a bit last week as we saw very unexpected results, and have put our security expert on top of finding more issues with both the Wheel and Dice. Note - Bit777 had a bug, but it wasn't costing us any revenue and has been patched.

We are also very much aware PeerBet needs a complete face-lift, and is yet another thing we're tracking with that property.

Results for May 1st through 15th are posted!

Casino

CasinoBitco.in remained consistent earning ~12 BTC in the time period; however, PeerBet (Wheel and Dice) and Bit777 have continued to underperform well below expectations losing ~13 BTC in this timeframe. Our Analytics and Engineering teams are reviewing all datapoints available to determine if we're just in a bad run of negative variance, or whether there are systemic issues that are surfacing. We'll have more data on this in the monthly report as well as focus on near-term strategies to "right the ship".

Conclusion - A cloud with a silver lining so far in May, as we expect our efforts for improvement will pay off in the long run, and after we can root out any potential security risks at Peerbet (countermeasures have already been taken).

Something is seriously wrong with your Bit777/PeerBet revenue. Almost 100% sure you have a glitch that allows ppl to steal coins.

[theskillzdatklls]

Yea, something felt very off with peerbet and earnings... I hope any potentially illegitimate funds are held in mediation while it's sorted.

[casinobitco]

To most Bit777 and Peerbet user's dissatisfaction, we do hold quite a bit of withdrawals as we investigate to root out foul play.

Yea, something felt very off with peerbet and earnings... I hope any potentially illegitimate funds are held in mediation while it's sorted.

[larem]

To most Bit777 and Peerbet user's dissatisfaction, we do hold quite a bit of withdrawals as we investigate to root out foul play.

Yea, something felt very off with peerbet and earnings... I hope any potentially illegitimate funds are held in mediation while it's sorted.

While this upsets a lot of people, I think it's better to be safe than sorry. I'd rather have a delay on getting my money than to find that the site has gone under as a result of NOT delaying, and get absolutely nothing.

[casinobitco]

Amen!

To most Bit777 and Peerbet user's dissatisfaction, we do hold quite a bit of withdrawals as we investigate to root out foul play.

Yea, something felt very off with peerbet and earnings... I hope any potentially illegitimate funds are held in mediation while it's sorted.

While this upsets a lot of people, I think it's better to be safe than sorry. I'd rather have a delay on getting my money than to find that the site has gone under as a result of NOT delaying, and get absolutely nothing.

[_mr_e]

So is the -13 btc paid out or is it in review?

And apologies for my previous outburst... I woke up hung over from a fairly upsetting evening and I shouldn't have posted in that state. I know you guys are working hard, keep it up!

[casinobitco]

All numbers posted have left the building, they were verified as valid winnings.

So is the -13 btc paid out or is it in review?

And apologies for my previous outburst... I woke up hung over from a fairly upsetting evening and I shouldn't have posted in that state. I know you guys are working hard, keep it up!

[_mr_e]

Stocks really taking a beating these days... I hope things are looking a little more positive for the end of month report!

[_mr_e]

Stocks really taking a beating these days... I hope things are looking a little more positive for the end of month report!

Looking at it in USD terms the Market Cap is still $1.47M USD, again imo Gambling is a USD based oppurtunity for BTC, and if you look at CBTC's report - https://drive.google.com/folderview?id=0B2SWZWkGJ1V3UEo0Q0lESk5nd0k&usp=sharing - the week ending is always USD based.

The stock is taking hits because the price of BTC is rising in USD, and will continue to do so throughout time - imo CBTC stock is a hedge against BTC price dropping in USD.

Is it not true that a rising btc price means more adoption, more users, more media attention... more gamblers? Does a rising tide not carry all boats?

The price was higher in Nov/Dec when btc was  in it's bubble, 2x it's value now...