How blockchains are changing the traditional casino business

Key Points

1. Shuffle is a casino and lottery platform with $100 million in annualized net gaming revenues and an SHFL token with a $232 million FDV.

2. The platform outsources most gambling games to iGaming studios like Evolution and Pragmatic Play, while providing the frontend and bankroll.

3. Shuffle uses blockchain for transparency, with 15% of weekly revenues returned through a lottery and 30% of gaming revenues burned to create deflationary pressure on the SHFL token.

4. The platform operates in a regulatory gray area, leveraging blockchain to bypass bans or geoblocks in major jurisdictions.

5. Shuffle plans to expand with a US-focused offering (ShuffleUSA) and has burned about 5% of its total circulating SHFL supply to date.