Luckchemy and Mr.Bet Formalize Partnership

Luckchemy
2 min readJun 18, 2018

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We are excited to announce the details of our newly formed partnership with the highly respectable online casino, Mr.Bet. As the iGaming industry becomes more and more curious about the possibilities of blockchain use in creating new probability-fair games, a partnership like ours was, perhaps, a natural conclusion. Nevertheless, we are excited to be one of the first, as this not only marks a huge milestone for our company, but also signifies a fundamentally new approach to the online games.

According to the terms of our partnership, Luckchemy will provide its online games and mobile app to Mr. Bet, and Mr. Bet in turn will publish such games on its platforms. Mr. Bet has become especially interested in the games that we are developing with blockchain and cryptography. As soon as we release the final version of the game, it will be placed it on their platform.

Mr. Bet has an extremely wide assortment of games and offers more than 1,000 on its platform. However, its vast library isn’t Mr.Bet’s only strength. Mr.Bet goes above and beyond how other online casinos care for their customers by offering a 24/7, multilingual customer support service, generous bonuses to its players, and ensures the safety of theirs users with leading tech. Additionally, Mr.Bet is licensed in Curacao, which means that your rights and your funds are protected by the authorities of Curacao one of the most trustworthy and reputable licensing and regulating bodies for online casinos, alongside the UK Gambling Commission or Malta authorities.

What’s more, this license ensures that everything could be resolved even if you have any problems that can’t be solved by the casino. The Curacao licensing body is capable of investigating such cases and helps players get their money back (if the money is confiscated by the casino, etc).

But Curacao’s laws are not the only protections Mr.Bet has in place for its players. In addition to its licensing agreements & security measures, the company that owns Mr.Bet, Faro Entertainment, is registered in Malta and the Maltese authorities are also have significant sway among online casinos.

Online gambling has always been at the forefront of innovation, so it is quite natural that it’s among the first to adopt blockchain. Blockchain technology can significantly increase the transparency of games, by providing the ability to check the random number generator (the software that gives out winning combinations), or by simplifying the current third-party certification system. In the same way, payment transactions transparency can be increased since any transaction in the blockchain is recorded and monitored. Naturally, these advantages will attract more players, and more new players, to the online games market.

In the coming weeks, we will publish more details on our games and keep you updated on activities related to current and new clients. Make sure to follow our updates on Facebook, Twitter, and in our Telegram channel to receive our future announcements.

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Luckchemy

Luckchemy is a scalable and provably fair online gambling platform driven by a unique combination of off-chain cryptography and blockchain technology.