EvoTech Acquires VIPSpel to Expand Market Reach

Aug 08, 2017
EvoTech Acquires VIPSpel to Expand Market Reach

Evolution Technology (EvoTech) has recently acquired VIPSpel, adding the Bitcoin casino to its portfolio. With the VIPSpel acquisition deal closed, players of the casino will benefit the most as Evolution Technology plans to add more content to the website as well as other gambling options.

VIPSpel is a Bitcoin casino that offers games from four different software providers. This includes a good list of live dealer games that anyone can play with Bitcoin. VIPSpel players can also enjoy the acquisition deal. This Bitcoin casino will add a sportsbook and virtual sportsbook feature for its website. It will also add other payment methods to give players in certain jurisdiction an easier way to make a deposit and withdrawal to the casino.

EvoTech expands market reach

EvoTech buys VIPSpel

The reason why EvoTech acquired VIPSpel is due to the way some countries are relaxing their gambling regulations. Certain jurisdictions have been moving to legalize online gambling since last year. One recent example is the Government of Columbia which gave its first online gaming license in June this year.

EvoTech sees plenty of opportunity among these new iGaming markets that are just opening up. There are many people within these jurisdictions who have an appetite for gambling games. The only thing the market needs is a legitimate iGaming company. Fortunately, VIPSpel has it covered with its Curacao license. The casino also ensures that everyone has a safe gambling experience, thanks to its built-in firewall.

What brought EvoTech’s attention to VIPSpel is how the company is public. Its mission is to leverage its stance as a public company that resolves one of the largest concerns among online casinos. This is mainly how players can send and take out their money from the casino. EvoTech alleviates this fear by letting players know that they are playing in a public company and not a private one.

VIPSpel can benefit from this deal in two ways. One of which is the adoption of EvoTech’s Blue Banana Club affiliate and white label referral program. This helps to expand both the casino and the casino program’s user base. Affiliates from the club can also enjoy the casino’s profit sharing opportunity.

VIPSpel as a real-money and Bitcoin casino

VIPSpel uses the 1ClickGames casino platform. Its casino games come from big named providers. These are Microgaming, NetEnt, and iSoftBet. There is also a series of live dealer games from GamesOS/CTXM.

All of VIPSpel games are tested by the iTech Labs team. This company is an independent tester that checks on the fairness of its games. iTech Labs also ensures that all games are working correctly.

Thanks to the platform, VIPSpel supports various payment methods. This includes Visa and MasterCard. It also accepts most of the major online wallet payments such as Skrill and Neteller. Moreover, the Cubits payment option allows players to deposit and withdraw Bitcoin in this casino.