Innovation and Excitement go hand in hand. Something very similar Hold Gaming is doing. A new startup from the United States has launched a skill-based casino. It has now the goal of targeting the entire US market of the online casino market. The games are available to all the 40 States that have online casinos in the US.
Hold Gaming has games that are a combination of the skills, social casino, iGaming, and eSports. The content and concept are developed in such a way that it excites the younger generation. However, the game falls under US regulations.
CEO Phil Runyan explained the game of skills very effectively. He said that the game has been changed to have an equal contribution to their skills. The player needs to use Math, Probability and the speed with which things can be done to master the game. He even told that Apple gave the go-ahead to operate in their platform in just no time.
He said that the company very strong arguments that why their game is a skill-based game. He reiterated that Apple doesn’t really prefer to go for the operators and they had to present a strong case that they aren’t really operating in grey space.
The iGaming isn’t really widespread in the United States and that is exactly what Runyan is seeing. The huge customer base of left out by the iGaming is using Hold Gaming. He is not really bothered about things that would change when regulation comes in the US. He said that he has a clear vision of what has to be done when the doors open for other states as the regulation is formalized and drafted.
The company believes that they have arrived 3-5 years earlier than expected. However, he believes as the PASPA is repealed now people are hyper-focused on sports betting. However, he feels that people will go after the Hold Gaming instead with the interesting casino games.
Runyan has even told his strategy. He said that they want to create the next closest thing to sports betting. So, as expected when the PASPA is eventually repealed, all the customer base gets transferred to the Hold Gaming. He wants to go the same way the DraftKings approached.
Runyan said that he has ensured to build compliance in the platform from the ground. He understands the importance of compliance in the industry with the US introduce so many rules and regulations over time. He has put a major focus on the same.
He said they don’t want to go down in future strategy. Thus they have built a super strong AML and KYC policy to know who the person is and what device is he using. GPS Spoofing has been used to do it. If people want to get into the cash games, they need to verify the age. He further added that once the players start playing the cash games, an additional level of security comes into play. He said that the company ensures only those people are participating who should so that any fine, penalty or mistrust is avoided.
Hold Gaming is expanding and it is working on another card game. The company is also working on spin-based content. They are eyeing markets where the regulation is tight and iGaming is limited. The company has launched in Australia and looking for Canada now.