Bitline offers the best in class services for compliance and security, experts in gaming and fintech, corporate partners for liquidity, banking, and GTM operations and execution. With this structure, each element of the BitLine solution is meeting every difficult challenge head on.
Historically, the leading methods for making large amounts of gaming funds available in the casino environment involved extensive planning (credit line provisioning – Markers, wiring funds in advance – front money), bringing in large amounts of cash (dangerous – risk of theft, potential anti-money laundering flags), or paying for Cash Access services (credit card, debit card, ATM, and Check cashing) which have limited access to high-net-worth individuals and have significant fees.
For the international traveler, this is a significant challenge. For individuals holding assets in cryptocurrencies, liquidating funds, and moving them through the banking system, is both time-consuming and burdened with heavy tax implications. In the post-COVID environment, casino operators are looking for alternatives to Marker and Front Money services to reduce costs, improve operational efficiencies, and increase revenues. A company that can deliver a product that solves these issues can tap into massively pent-up demand. A company that can deliver “up to $10 million in 20 minutes” inside the casino will be positioned to reshape the market.