Jun 28 / 2018
Latest News / Casino & Gambling

Cashbet pens exclusive deal with cryptomillionslotto

CashBet Coin – now the only usable coin on the world’s largest crypto lottery

CashBet and CryptoMillionsLotto have announced a landmark agreement to allow holders of CashBet Coin to play on the world’s largest real-money crypto lottery.

The deal expands the utility of CashBet Coin to a much wider scale in gaming crypto business.

“We are excited to name CashBet Coin as the exclusive token to be accepted on the CryptoMillionsLotto platform. We see the validity their token offers globally, and we know it will complement what we are doing with CryptoMillionsLotto,” said Sulim Malook, founder of CryptoMillionsLotto.

CryptoMillionsLotto is based on the established AfroMillionsLotto, that operates over 30 lottos for football clubs and charities across Africa. The objective of CryptoMillionsLotto was to encourage the wider crypto community worldwide, to play lottery, and to encourage crypto adoption amongst a broader audience.

Since most of the systems and capabilities are already in place, CryptoMillionsLotto has a very short development roadmap and is expected to launch this summer.

Dr. Mike Reaves, CEO and co-founder of CashBet, added: “We are delighted to add CryptoMillionsLotto to our growing ecosystem of gaming partners around the world. As a fully licensed business, CryptoMillionsLotto will allow CashBet Coin holders to play lottery games with the chance to win life-changing real money prizes.”

Just recently, Cashbet announced the successful completion of its token sale. It raised a colossal $38 million to develop the world’s first complete crypto-ready mobile iGaming platform, ranking as the biggest iGaming ICO project ever.

CryptoMillionsLotto offers players an opportunity to place cryptocurrency bets on the outcome of the German National Lottery draws from anywhere in the world that online gaming is allowed. All jackpots are fully insured by a UK Lloyds of London FCA regulated insurance broker.

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