Casino events

El Salvador to Launch First Metaverse Virtual Casino with NFT Trading and Land Branch

The Central American country of El Salvador on Wednesday confirmed the launch of its first virtual casino where customers will be able to buy and sell NFTs (non-fungible tokens). The new project will also have its physical branch in the country. Jhe company in charge of the project is astro babies, and the name will be Astro Casino.

Mónica Taher, Director of International Affairs of Technology and Economy of the Salvadoran Government, announced that the initiative will be carried out in collaboration with the government. She also shared the company’s video showing what the casino facilities will look like once they are built.

Astro Babies said the land-based casino will have slot machines and table games, as good as weekly poker tournaments, among other activities and products. The place will have a gaming area, a lobby, a bar, a restaurant, a DJ, a terrace and also a VIP area.

The virtual version of Astro Casino in the metaverse will include a market that will allow sale, purchase and auction of NFT. It will work on the Solana Blockchain and will be managed by the Astro Babies initiative.

The news comes amid growing interest from game industry players in the metaverse. BOTS, a global technology conglomerate specializing in Blockchain-based solutions, plans to launch a proprietary Las Vegas-based Metaverse this quarter, and recently made a strategic investment in XR Casino, a technology company specializing in multi-technology Extended Casinos. Reality (XR). games, XR game development solutions and NFTs for the iGaming and sports betting industries. Additionally, the organizers of the upcoming Casino Esport conference have stated that the event will address the need for casinos to adopt metaverse technologies as one of its focal points.