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casinobitcoin (OP)
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February 13, 2014, 10:47:14 PM |
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CASINOBITCO.IN (CBTC) ACQUIRES BIT777, PEERBET
CasinoBitco.in (Havelock Investments ticker symbol: CBTC) today announces the acquisition of popular Bitcoin Gaming properties Bit777.com, Peerbet.org, and Peerdice.org from Ultraplay, Ltd. Terms of the deal have not been disclosed.
CasinoBitco.in (CBTC) was the first Bitcoin-only gaming establishment to offer unique, provably-fair games along with a full Sportsbook. Operating successfully since May 2013, they offer HTML5 Blackjack, Roulette, Baccarat, Video Poker and Hi-Lo in their Casino.
Bit777 is a Bitcoin-only Casino, designed by Ultraplay Ltd, offering over 50+ flash-based games and have taken in over 1 million bets!
Peerbet.org is a popular community-based Bitcoin Gambling site offering chat, raffles, a proprietary “Wheel” game, dice, and more.
Peerdice.org, an offshoot of Peerbet.org, is a unique new community “versus” style dice game with only a 0.3% house edge. Players select their rolls and bet against each other on the site. Since launching February 1st, the site has already supported over 250,000 P2P games.
CasinoBitco. in first announced their goal of growth via an acquisition on Havelock Investments in December 2013. Since then, CasinoBitco.in has been in negotiations with Ultraplay and other Bitcoin Gaming operators looking for a deal favorable to all parties involved. Ultimately, the acquisition of Bit777/Peerbet was a the best fit for CasinoBitco.in not only due to the strong financials Bit777/Peerbet bring to the table, but also the opportunity to bring awareness of CasinoBitco.in to over 15,000 registered users on Bit777/Peerbet.
CasinoBitco.in is extremely excited to add Bit777/Peerbet to their current assets and eagerly looking forward to integrate all sites under the CasinoBitco.in brand
Ultraplay will continue some involvement in operations of the acquired properties for the foreseeable future, and there is no immediate impact to players on Bit777/Peerbet. CasinoBitco.in ultimately intends to merge many of the feature and functionalities between the various sites over the next 6 months to build the largest and best Bitcoin Gaming network around.
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_mr_e
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Activity: 817
Merit: 1000
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February 13, 2014, 11:03:18 PM |
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So it appears it was.... I just peed a little  |
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pedrog
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February 13, 2014, 11:07:14 PM |
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Wow, that is huge!
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_mr_e
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Activity: 817
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February 13, 2014, 11:11:29 PM |
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Thank you so much for allowing me to grab a nice position before the incoming rally:D You are the best. |
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Jungian
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Activity: 930
Merit: 1010
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February 14, 2014, 12:11:54 AM |
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This is just great news! Now the altcoins is aboard aswell. Really adds to the cryptocommunity aswell as the company I think.
Can't wait to see the dividends on this one
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bitcoin.newsfeed
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February 14, 2014, 12:19:09 AM |
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One of our users placed one too many zeros when placing an order for a sale causing the flash crash.
Just a friendly reminder to always double, triple check before placing an order.
On the other hand, many of our users managed to pickup very cheap units.
Havelock Investments
Or they just get hacked. And somebody from inside who knows this sold all the shares. Seems like everybody who is running some bitcoin operation with off-chain 0 confirmations instant transactions (and is using txid for verification) is vulnerable to malleability attack. Who is using instant transactions? Online Casinos ... because you cant wait 20minutes for 1st confirmation on your bet in roulette. |
... Question Everything, Believe Nothing ...
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bitranger
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February 14, 2014, 12:27:02 AM |
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This is going to be the hottest stock in the bitcoin space in 2014 Just watch!!..bit777 has over 1 million bets and bet over 100K bitcoins!
Total Bets: 1,105,229 Wagered: 100,243.5537 BTC
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_mr_e
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Activity: 817
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February 14, 2014, 12:30:47 AM |
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This is going to be the hottest stock in the bitcoin space in 2014 Just watch!!..bit777 has over 1 million bets and bet over 100K bitcoins!
Total Bets: 1,105,229 Wagered: 100,243.5537 BTC
My only question is, why would such a company sell their business to a startup? |
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Jungian
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Activity: 930
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February 14, 2014, 12:32:50 AM |
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This is going to be the hottest stock in the bitcoin space in 2014 Just watch!!..bit777 has over 1 million bets and bet over 100K bitcoins!
Total Bets: 1,105,229 Wagered: 100,243.5537 BTC
Plus all the altcoins? |
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bitranger
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February 14, 2014, 12:38:17 AM |
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This is going to be the hottest stock in the bitcoin space in 2014 Just watch!!..bit777 has over 1 million bets and bet over 100K bitcoins!
Total Bets: 1,105,229 Wagered: 100,243.5537 BTC
My only question is, why would such a company sell their business to a startup? Well since the details were NOT disclosed i am guessiing ultraplay is going to be part owner now..just a WAG but if i am correct this stock is going to be worth MUCH more than it is now |
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casinobitco
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February 14, 2014, 12:40:30 AM |
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This is going to be the hottest stock in the bitcoin space in 2014 Just watch!!..bit777 has over 1 million bets and bet over 100K bitcoins!
Total Bets: 1,105,229 Wagered: 100,243.5537 BTC
My only question is, why would such a company sell their business to a startup? Hey Folks - We're pretty excited about the acquisition, just like you guys! We can't speak to any of the motives around why Bit777 sold to us; however, we feel like we provided them with a very fair and eventually lucrative deal that was satisfactory for them. I'm also aware the founder of those sites was looking to do another Bitcoin venture (non-gambling), and needed to free up some time to work on it... so our timing was perfect here! And while we are still technically in start-up mode, my team and I will provide right synergies to take CasinoBitco.in and Bit777/Peerbet to the next level! |
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sticky
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Activity: 108
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February 14, 2014, 12:46:24 AM |
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Glad I got in on this early! This could be big.
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freedomno1
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Activity: 1806
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Learning the troll avoidance button :)
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February 14, 2014, 03:12:40 AM |
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Got to admit controlling faucets and sig campaigns here is a good acquisition that and larger gambling flows congrats
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Believing in Bitcoins and it's ability to change the world
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inspiredinvestor
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February 14, 2014, 10:24:12 AM |
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This is going to be the hottest stock in the bitcoin space in 2014 Just watch!!..bit777 has over 1 million bets and bet over 100K bitcoins!
Total Bets: 1,105,229 Wagered: 100,243.5537 BTC
My only question is, why would such a company sell their business to a startup? Hey Folks - We're pretty excited about the acquisition, just like you guys! We can't speak to any of the motives around why Bit777 sold to us; however, we feel like we provided them with a very fair and eventually lucrative deal that was satisfactory for them. I'm also aware the founder of those sites was looking to do another Bitcoin venture (non-gambling), and needed to free up some time to work on it... so our timing was perfect here! And while we are still technically in start-up mode, my team and I will provide right synergies to take CasinoBitco.in and Bit777/Peerbet to the next level! very exciting! look forward to future growth! |
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Stego
Newbie
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Activity: 42
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February 14, 2014, 10:47:57 AM |
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I'm a bit sad I was work yesterday and couldn't buy the shares at the lowest but i get some in the evening.
Looking forward to see how it goes but I'm confident!
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freemarketaussie
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February 14, 2014, 01:24:52 PM |
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Well done on the acquisition, we are all very excited to see what happens.
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acorcos
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February 14, 2014, 01:56:15 PM |
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Community-based P2P betting.......now that's a good bet! Congrats CasinoBitco.in team.
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Elvis Trout
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February 14, 2014, 02:31:44 PM |
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Wow, this is awesome news, I've got so tired of waiting to hear about the acquisition I stopped checking this thread. Sure am glad I invested when I did.
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_mr_e
Legendary
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Activity: 817
Merit: 1000
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February 14, 2014, 04:45:31 PM |
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This is going to be the hottest stock in the bitcoin space in 2014 Just watch!!..bit777 has over 1 million bets and bet over 100K bitcoins!
Total Bets: 1,105,229 Wagered: 100,243.5537 BTC
My only question is, why would such a company sell their business to a startup? Hey Folks - We're pretty excited about the acquisition, just like you guys! We can't speak to any of the motives around why Bit777 sold to us; however, we feel like we provided them with a very fair and eventually lucrative deal that was satisfactory for them. I'm also aware the founder of those sites was looking to do another Bitcoin venture (non-gambling), and needed to free up some time to work on it... so our timing was perfect here! And while we are still technically in start-up mode, my team and I will provide right synergies to take CasinoBitco.in and Bit777/Peerbet to the next level! How is it that you have such an awesome answer for everything;) So is it safe to assume that as of now we are officially collecting revenue from these companies? |
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runam0k
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Activity: 1092
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Touchdown
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February 14, 2014, 05:12:23 PM |
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How is it that you have such an awesome answer for everything;)
It's the use of exclamation marks! Seriously though, I for one really appreciate the progress you guys (casinobitco) are making and the way you communicate with investors here in this thread. A breath of fresh air compared to most issuers of BTC securities. |
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