Cryptocurrency betting company, the Breakout Gaming Group, has announced the acquisition of its Curacao license after successfully meeting all the Curacao eGaming requirements. The new licensing will provide legal cover for the company’s soon to be launched, Breakout Lottos gaming entertainment site and their current platform BreakoutGaming.com.
[Note: This is a press release.]
Launched back in November 2016, BreakoutGaming.com offers its users an RGN and Live Dealer casino games, poker, virtual and fantasy sports, skill games, financial betting, as well as a full online sportsbook. The platform currently supports Bitcoin and the company’s cryptocurrency, Breakout Coin (BRK), both of which trade publicly on popular exchange Bittrex.
Breakout Coin has seen a 600% rise in unit value in a relatively short period of time. The cryptocurrency is expected to be available for direct deposit and withdrawal on the platform with the value looking like to consolidate at current levels before making more ground in the market.
The Breakout Gaming Group operates entertainment platforms for gamers and gamblers through a network of sites. In addition to the group’s betting sites, the company has an affiliate program run through BreakoutAffiliates.com, servicing both gaming and cryptocurrency affiliates.
To promote Breakout Coin, the company has stated that it will loan out 7,000,000 BRK to Breakout Gaming in 35 monthly installments of 200,000 BRK per installment, at a 0.5% yearly interest which will be compounded quarterly.
The Breakout Gaming Group has developed a selection of different entertainment platforms for gaming enthusiasts and cryptocurrency gamblers. The platforms offer a full selection of some of the advanced gaming services and products currently available in the market.
The Breakout Gaming Group supports both fiat currencies as well as a range of cryptocurrencies. The platform also features a wide variety of sports, casino, poker and skill games, a digital download PC/Mac game store, a dedicated eSports PvP competition site, and a dedicated free play poker site.
Images courtesy of Breakout Gaming Group
The post Breakout Gaming Group Secures Curacao Gaming License appeared first on Bitcoinist.com.