With the Point of Cosumption Tax looming, online gambling companies and their software providers are scrambling for ways to cut costs to prepare for the 15 % deduction. Cozy Games new partnership with Go Coin will allow them to avoid some of the costly charges associated with credit cards, international transfers and xhargebacks.

“GoCoin is the frontrunner bringing deep cryptocurrency expertise to the regulated iGaming sector, which was key in our decision to integrate their platform,” said Sreeram Reddy, CEO of Cozy Games. “GoCoin’s solution is adaptable and compliant with Internet gaming law, allowing us to safely adopt the latest payment innovations while focusing on our core strength of delivering an excellent online experience for our players.”

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“By accepting cryptocurrencies through the GoCoin payment platform, regulated online gambling operators can engage new markets like the underbanked that are historically difficult to reach,” said Steve Beauregard, co-founder and CEO of GoCoin. “Our engineers are actively working with regulators to develop clear guidelines that stay within the law while also respecting a player’s right to privacy.”

What do you think Roomies? Are you likely to make the switch to payment in cyptocurrency? We wonder at the benefits Cozy Games may have to offer in order to entice more players to switch their payment method in order for this move to save them any money.

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