Atari is teaming up with Decentral Games to create a cryptocurrency casino that will debut in Decentraland, the Ethereum-backed blockchain platform.
Following the launch of its dedicated ATRI token last year, the global interactive entertainment brand, founded in 1972 and behind classics such as Pong, Missile Command, and Asteroids, makes the move in its latest foray into the crypto ecosystem.
The Atari Casino will lease a 20-parcel casino estate in Vegas City’s Casino Quarter, a gaming district in the group’s Decentraland metaverse, for an initial two-year term.
The entity, which is expected to launch in May of this year, will include Atari-themed games and non-fungible tokens, with players earning Decentral Games’ native token $DG by playing with MANA, DAI, and the aforementioned ATRI.
$150 million in wagers in 2021
According to both Atari and Decentral Games, the launch is expected to generate $150 million in wagers in 2021, rising to $400 million in two years.
A media release stated, “Providing a little insight into what can be expected: “Look forward to Atari-themed games, where nostalgia-inducing games are brought back with a twist.
“There will be games of luck, and games combining skill and luck. There will also be an ‘Atari special’ game where you can win by skill instead of pure luck.”
Moving into blockchain
Frederic Chesnais, Atari’s CEO, is quoted as stating to Coin Desk: “Through collaborating with Decentral Games, we can move the Atari gaming experience onto the blockchain.”
Last year, it was announced that Las Vegas, Nevada, and Phoenix, Arizona, would be the first cities to host Atari Hotels, which are inspired by pop culture and video games.
This came after the signing of a licencing agreement with True North Studio and GSD Group, a US real estate developer, for the development of the venues in a number of cities across the country.
GSD then hired architecture and design firm Gensler and revealed their vision for the facilities, which includes future branded venues in Austin, Chicago, Denver, San Francisco, San Jose, and Seattle.