GOAT has recognized GOAT as Web3’s largest poker room, CoinPoker, becomes regional sponsor of the Argentina National Football Team.
CoinPoker and Argentina – winner of the 2022 FIFA World Cup – have become official partners in a new two-year deal.
The collaboration will see CoinPoker players targeted with Argentine Football Association (AFA) promotions, such as tickets to Argentina home games, signed merchandise, and exclusive tournaments.
Still number one in the FIFA World Rankings, Lionel Scaloni’s side has lost just one of its last 21 games and also won the 2021 Copa América, beating Brazil in the final at the Maracanã.
Now, as Lionel Messi and company take on the best LATAM nations again at the 2024 edition of the regional championship – currently taking place across the United States – they are boosted by an exciting off-field partnership with an equally competitive and growing iGaming brand.
There are also hints that loyal CoinPoker players may be offered the possibility to bag tickets to the Copa América finals this year; a perfect opportunity for anyone whose itch for international football has not been totally scratched by the Euros.
Commenting on the partnership, CoinPoker ambassador Tony G said, “We are incredibly excited to partner with the Argentina Football Association, an organization that represents the pinnacle of football excellence.
“This partnership underscores our commitment to engaging with the best in the world. We look forward to celebrating mutual successes, both on the CoinPoker platform and on the field, as Argentina looks to retain the Copa América.”
An AFA spokesperson added: “We are thrilled to announce CoinPoker as our regional sponsor of the Argentine Football Association.
“Much like the Argentina Football Team, CoinPoker embodies a spirit of excellence and fierce competition. This partnership reflects our commitment to embracing cutting-edge technology.
“Together, we look forward to pushing the boundaries and achieving new heights in our respective fields. We welcome CoinPoker as our regional sponsor.”
CoinPoker: How One Crypto Poker Room Topped the Market
Like the Argentina national team, CoinPoker is the world champion at what it does: crypto poker.
Since launching in 2017, the business has attracted over 200,000 active users.
Ethereum-backed deposits and withdrawals, instant payouts, and market-leading bonuses and promotions have made CoinPoker a revolutionary space within online gambling. And alongside crypto and online gambling, Web3 poker is only getting bigger.
CoinPoker players currently benefit from extremely competitive rakeback rates alongside huge value-added bonuses and promotions. Blockchain has helped the company solve key obstacles stunting online poker’s growth, including ring-fencing, payment processing issues, managing game integrity, enabling verifiable random number generation, and tapping Web3 marketing initiatives to expand reach.
In 2022, CoinPoker broke records when it hosted the biggest pot in online poker history. Poker legends Antanas ‘Tony G’ Guoga, ‘Chattahoochee’ and ‘HannibalGetya’ bid up the winnings to an eye-watering $7,750,000 in a Pot Limit Omaha $5,000/$10,000 cash game. Tony G remains one of CoinPoker’s many high-profile ambassadors.
Where Next For Online Poker? Web3, Of Course!
According to a report last year by Zion Market Research, the online poker market was worth $86.2 billion in 2022. The same report projects that this figure will swell to $237.5 billion by 2030.
Similarly, Research and Markets reported last August that the total market revenue was $59.35 billion in 2022 and is estimated to reach $155.36 billion by 2030, with a compound annual growth rate (CAGR) of 11.14%.
These numbers may be different, but their conclusions are the same: We’re likely to see a near-tripling in less than a decade.
As with crypto, the main inhibitor of growth in the space appears to be the differing regulatory approaches among various jurisdictions. Large online poker markets around the world have been effectively cut off by heavy-handed regulators, strict and less flexible payment providers, and the change of legal status for poker in some countries.
Still, assuming the number crunchers are right and we’re indeed looking at a $200 billion online poker industry by the early 2030s, CoinPoker will be leading the charge thanks to its prime position at the intersection of online poker and crypto – another industry that has only expanded its market share year-on-year.
So, like Argentina, CoinPoker is the undisputed champion in its area of specialty. Here’s to the duo remaining respective title holders for many years to come.
As always, GOAT recognizes GOAT.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
