We’re bringing gambling to the digital era

We plan to empower traditional brick & mortar, online casinos and sports betting companies to reach new players and expand their offerings to extended reality platforms through our SaaS solutions. Our platform will allow users of any XR technology to play with each other regardless of the XR technology or equipment they are using. We will implement blockchain and artificial intelligence technologies to solve some of the problems in the iGaming and sports betting industries such as cybersecurity threats, lack of transparency, and player attrition. 

Casinos are stuck in the 20th century

With the advent of AR, VR, and MR technologies, casinos are missing an immense opportunity to appeal to wider ranges of consumers by sticking to their traditional online and land-based models. Moreover, the iGaming industry has yet to adopt this new technology as well, leading to a stunning lack of interoperability between XR technologies. This lack of interoperability leaves users with a two-dimensional experience and some limited 3D experiences through virtual reality only. 

The biggest risk to iGaming, Sports Betting companies and casinos, is cybersecurity. Cybercrimes cost the gaming industry hundreds of millions of dollars each year in losses and result in reputational damage due to stolen player data (Source). Aside from being susceptible to hacks and data breaches, currently all online-based gambling is a major target for fraud, which can lead to losses, casino closures, and even criminal charges. (Source)

A safe, transparent gambling platform

XR Casino is a pioneer for Interoperability. Our patent-pending XR gaming platform allows cross-technology gaming between AR, MR, and VR technologies and devices, giving players a streamlined and fulfilling experience. We offer players a tailor-made experience where they can choose from single and multiplayer games, private game rooms, and public game rooms. From there, players can bet on their favorite games such as roulette, blackjack, slot machines, and even sports betting.

In order to give our users the safest experience possible, we utilize blockchain technology, which provides costless, real time audited data available to casinos, players, and regulators. Blockchain technology enables decentralization, which means there is no single point of failure for hackers to breach our security. The use of blockchain allows XR Casino to control access data to protect privacy, so players can breathe easy knowing their data, privacy, and money are safe. Blockchain technology also facilitates payments, acceptance of cryptocurrencies and sale of NFTs. We will accept major cryptocurrencies and plan to launch our native coin to allow cryptocurrency staking to incentivize player loyalty and community building through proof of stake mining and drops of augmented reality coins in real world places (similar to how Pokemon Go works). Blockchain technology also empowers us to exist virtually in any metaverse we choose. 

XR Casino also benefits from having a two-pronged B2C and B2B business model. Our B2C segment is a free-to-play social casino model where we will generate revenue from sales of in-game casino chips, ads and subscription fees. These games involve play money only, and they will not be able to cash out or exchange them for anything of value. Some popular examples of social casinos include: Doubledown Casino, Slotomania, Zynga Poker and myVegas Slots. Players will download XR Casino games to their computers, smartphones, or XR devices through any major app store. Upon termination of a successful capital raise, we plan on creating and launching a fully licensed subsidiary with a Malta online gambling license to roll out for-money games in jurisdictions that allow it. (Funds from this Reg CF campaign will not flow to that subsidiary.) We will accept major cryptocurrencies in addition to fiat money.

Our B2B segment is a SaaS model where we expect to generate revenue from technology licensing fees and revenue sharing fees from both, social casinos and for-money licensed casinos. SaaS clients will be required to be licensed in each state where they want to launch for-money XR Casino games and pay a set up fee of $25,000 plus a monthly fee of $5,000 per game with increasing scales based on the number of players. They will pay their legal fees and game certification fees independently, and the revenue sharing agreements will give XR Casino 25% of revenues generated. We plan for our B2B segment to include a division for celebrities, influencers and entertainment industry businesses with large numbers of followers interested in monetizing their follower base by rolling out their branded social casino and NFTs. 

XR continues to build

The XR trailblazers 

As the pioneers for XR gambling, we currently don’t have any competitors in extended reality iGaming. Some casinos have launched VR games with the hopes of attracting a new generation of players and staying current, but none of them have AR, MR and VR games in a cross-technology platform. We plan to be one of the first companies to implement patent-pending technology for XR cross-technology iGaming, blockchain technology, and AI value added services in one SaaS solution.

Being a new-age gambling platform, it should come as no surprise that XR Casino uses artificial intelligence to enhance player experience. We also use AI technologies such as robotic process automation, machine learning, and natural language processing to improve the players’ experiences. By enhancing the player’s experience, we hope to increase engagement and lower attrition. It is estimated that a 5% reduction in player attrition translates to a 25-85% increase in a casino’s profits. (Source)

XR Casino plans to generate revenue from the sale of NFTs. We plan to sell NFTs of unique skin designs for holographic and virtual assets such as one-of-a-kind designs for black jack tables, roulette tables, slot machines, decks of cards, casino chips, in-game avatar clothing, and wearables. We plan to do revenue sharing agreements with 3D artists, celebrities and influencers that will list NFTs for sale in our store. 

The new face of virtual gambling