Alphaslot and Synergy Blue sign agreement to explore with blockchain
Alphaslot and Synergy Blue discussed this and more in a Gaming & Technology panel at G2E Asia on Wednesday, May 22.
Macau.- Blockchain gaming platform Alphaslot and Synergy Blue, the premier creator of skill-based games and platforms for an emerging class of players, have announced an agreement to explore bringing innovative entertainment solutions using blockchain technology to casino gaming in the American, Asian, and European markets.
The strategic alliance allows Synergy Blue to explore how Alphaslot’s blockchain API could be used in its leading skill-based casino gaming products.
At G2E Asia on Wednesday, May 22, 2019, Synergy Blue CEO Georg Washington will be discussing this topic, among others, on a panel moderated by Alphaslot’s COO, Albert Yu. The panel discussion gathers industry leaders to explore a wide range of ideas on industry innovations and regulatory challenges in various gaming segments. Panelists will explore Asia’s online gaming future as well as the potential expansion of skill-based gaming.
Alphaslot’s blockchain API is the main interface for casino gaming equipment to connect with players on the casino floor via a blockchain network, allowing interactive gaming experiences in a transparent and trusted environment for both casino operators and regulators. Synergy Blue provides certified, skill-based games for the casino market. According to Synergy Blue’s recent survey of over 100 casinos, more than 70 percent plan to adopt skill-based games. Two-thirds of the US’s $40 billion in gaming revenue is from slot machines, but casinos want to add skill-based games in order to help attract a new generation of gamblers.
“Alphaslot is leading the way for blockchain adoption in the gambling industry,” said Georg Washington, CEO of Synergy Blue. “While microtransactions, unique award items, and soft upgrades (skins, etc.) are unheard of in the casino/gambling world, they are pervasive in the video game market. Our goal is to explore how to leverage blockchain technology to help attract the next generation of gambler and provide innovative entertainment experiences. We are excited about exploring blockchain technology and working with regulators, casino properties, and Alphaslot to ensure compliance and to help spark adoption throughout the industry.”
Raymond Chan, CEO and co-founder of Alphaslot, said: “This agreement with Synergy Blue in America will give us an opportunity to expand into the emerging market of skill-based casino gaming, which could lead to demand for interactive products powered by blockchain technology. Our new blockchain technology, combined with Synergy Blue’s gaming innovation, could help shape the future of the casino gaming industry. Alphaslot and Synergy Blue are taking our first steps with a serious and continuous commitment. We already had great success presenting our vision at the London ICE show in February and we’re very excited to showcase again our blockchain API at G2E Asia in Macau.”
The agreement between Alphaslot and Synergy Blue underscores the interest of both parties towards the future of blockchain technology and the industry.