If you caught the gaming bug in the 1980s, then you may remember countless hours of Pong, Asteroids, and Pac-Man by Atari. Forty years later, the company may be the first to break ground into a whole new area of technology and establish the world’s first crypto casino in the virtual reality realm. Sounds complicated? You’ve heard nothing yet.
Decentraland started as a simple, pixelated grid in 2015, but has since developed into a 3D world where users can purchase, construct, and profit from different applications in their lands. This process is supported by tokens that can be purchased with crypto currencies supported by the Ethereum-based blockchain platform.
It’s in this realm that Atari plans to launch a branded crypto currency, or more accurately, the casino will be built in a gaming district known as Vegas City. Decentraland users will be able to take their avatars to the casino.
From what we can tell so far, games in the casino will be Atari-themed and at least one of them will be skill-based rather than luck. The virtual world’s tokens will be used to place bets.
“Through collaborating with Decentral Games, we can move the Atari gaming experience onto the blockchain,” said Frederic Chesnais, Atari’s CEO.
On Atari’s website, the company writes about offering casino, lottery and eSports via Gametaco in the virtual crypto currency.
“The casino space presents a massive opportunity to leverage the portfolio of Atari properties through a range of socials and real money casino opportunities,” they write. “Our games includes games of luck, games of skill, and hybrid games combining luck and skill.”
What to expect from the crypto casino
Chesnais said in a press release on Atari’s site, when talking about the games on the crypto casino that he very much favours hybrid games that combine luck and skill.
“I’m a big believer in hybrid skill-based games. Games of luck are cool, and we know what they’re all about. Skill games on the other hand are a very complex thing to get just right. With hybrid games, what I enjoy is building on the foundation of luck-based games with the opportunity to double down for bonuses using some element of skill,” he said.
Atari already hold licenses for real money sports betting in a number of markets so it’s probably fair to say that punters will be able to get their fix in Vegas City, but this is not an immediate priority.
“We do currently hold licences for real money sports betting in certain markets so it’s not a stretch to say that they may be on the horizon. Initially though, for this crypto launch, we’ll be looking at luck, then hybrid, and before any entrance into esports, we’ll go towards sports betting,” the CEO said and added:
“The key difference between the latter two is that with sports betting you play alone and against the news, whereas in esports you require mass participation with major tournaments and games. So, working as a crypto casino, it’s quite challenging to offer a quality esports offering which is already a subset of the market.”
Vegas City’s upcoming casino may be Atari’s first virtual cryptocurrency gambling room, but it’s not the first time that the company has ventured into online gambling. Atari Lotto among other various casinos are already live.