http://lottoshares.com/
AFAIK that's a physical lottery based in tiny St Marteen in the Caribbean, population 80 000?
Lottoshares are just a UIA that receives profits based on it's success, they also have a currently centralized online casino site too.
Ultimately they want to move some aspects of both operations onto the blockchain, but with such a small population they will have a low ceiling and I think they have to pitch/prove the model to the government too.
When they run the numbers it's not particularly appealing when compared to investing, even in most centralized dice sites.
https://bitsharestalk.org/index.php/topic,18452.msg236687.html#msg236687And that's if they achieve that...
So again not a good gauge for decentralized gambling potential and as I said previously, decentralized lottery would be a harder nut to crack because it requires a large jackpot to justify playing it over dice. (Though considering traditional lotteries lose up to 50% to taxes, expenses, the lotteries of the future will ultimately be on the blockchain because of much better odds, however being a physical lottery, lottoshares will still have comparable expenses and taxes too.)
Instant confirmations.
People would actually love it.
I hate having to wait so much on Bitcoins you know ?
I don't see as much potential in centralized sites, but instant deposit confirmations is good advantage.
https://just-dice.com/ now uses CLAM crypto-currency,
I asked in their troll box and average deposit confirmation time is 6 minutes so BTS is much better than even that. (Also for the record, their trollbox said their site makes about $1000 per day profit and the stats are there too.) So there is some value in non BTC centralized dice sites.
So, what's a point in making another dice casino? Just negotiate just-dice to accept BTS, bitUSD, bitWhatever. [edit]Or make a CLAM gateway in bitshares and you are good to play.[/edit]
Yeah I'm not a fan of another centralized dice site, but I can see a centralized BTS one would have some advantages & could get a little traction. (Depending on how it's structured, the point would be to profit, by owning a % of the house at the ground level.)
I'm looking at the advantages of a decentralized dice site which would have clear USP's and the ability to gain a large market share over time, in the process bringing millions of transactions and income into the BitShares ecosystem to increase BTS value, fund further development and help bootstrap BTS smartcoins.