## Elray Resources Acquires Luxor’s Digital Currency Casino Technology

Elray Resources, a recently established firm, has recently acquired confidential online casino digital currency technology from Luxor Capital.

Elray, which commenced operations this year and is publicly traded, asserts that the technology will facilitate the development and distribution of digital currency systems for online gambling platforms.

They have christened it the Elray Blockchain System (EBS), and its launch is anticipated in the near future.

**Golden Matrix Agreement**

Elray has also entered into an agreement with Golden Matrix Group, a virtual provider. They will procure all their gambling content from Golden Matrix for their digital currency operators.

Elray’s online digital currency casino systems and technology will now exclusively utilize content sourced from Golden Matrix.

Cathy Feng, Golden Matrix’s Chief Financial Officer, expresses optimism regarding the future of digital currency gambling, despite their divestment of the division responsible for it.

“Bitcoin casinos are currently the most sought-after segment within online gambling, and they are poised to revolutionize the entire industry,” she stated.

Digital currency gambling houses offer numerous perks over conventional gambling establishments, including expedited payouts, enhanced security measures, and heightened transparency.

Several of the most sought-after Bitcoin gambling sites have garnered hundreds of thousands of active participants from across the globe. “Current Bitcoin gaming data indicates a surge in interest in cryptocurrency gambling, as players are progressively embracing digital currencies to reap the numerous advantages they provide.”

Sign up for the interactive gaming industry newsletter.

Avatar photo

By admin

This talented writer and mathematician holds a Ph.D. in Applied Mathematics and a Masters in Probability Theory. With a deep understanding of the intricacies of casino games, they have published numerous articles on game theory, probability, and combinatorics in relation to gambling. Their expertise in discrete mathematics and stochastic processes has made them a sought-after consultant for licensed casinos worldwide. Their articles, reviews, and news pieces provide valuable insights into the world of casino gaming.

Leave a Reply

Your email address will not be published. Required fields are marked *