Archives
Playtech Expands Existing Partnership With Europe’s Fortuna
Playtech has expanded its partnership with Fortuna, the leading gaming and sports betting operator in Central and Eastern Europe, to extend its influence in the Czech Republic. Going digital is the new trend in the gambling industry. The novel coronavirus boosted the influence of online gambling since people are trapped in their home with gadgets […]
read more
Bulgaria Makes Sweeping Changes With Gaming Laws and Regulations
The gambling regulator is at the center of a recent corruption and extortion scandal. Moreover, the regulating body is allegedly working with casino owner and suspected crime boss Vasil Bozkhov. With its regulator’s reputation in ruins, Bulgaria decided to dissolve it and lawmakers are looking to make new amendments into the country’s gambling laws. New […]
read more
Analyst: New Jersey Sports Betting Sites Offers Attractive Odds For MLB Bettors
Baseball leads the resume of major sports events, followed by the start of the seasons of the NBA and NHL. Major sporting events worldwide postponed and canceled scheduled games in March following government mandate to prevent the spread of the novel coronavirus. Many sports betting operations attached to land-based casinos, without online platforms, halted operations. […]
read more
Online Casinos Shows Great Financial Outputs
In its early years, the industry is linked to crimes and fraud, but, as technology rapidly develops, people are changing their outlook towards the billion-dollar industry. More and more countries see the potential of the industry as a contributor to the growth of the economy. State leaders in many parts of the world are pushing […]
read more
Boxing Champ Represents Grosvenor Casino, UK Casino Lockdown Drains Million In Revenue
Meanwhile, casinos in the UK are losing millions in revenue because of the prolonged lockdowns imposed by the government. The gambling industry in Europe is becoming livelier. More and more casinos are reopening as countries loosen strict restrictions imposed to prevent the spread of the novel coronavirus. Poker tournaments started resuming following the events hosted […]
read more
Man On Elderly-Man-Prosthetics Steals More Than $100,000 From VIP Casino-Goers
Casinos circulate a large amount of money on their daily operations. The vast amount of cash waged by the gamblers makes casinos livelier. Everyone goes into the casinos because of the chance to take home a large amount of winnings. It is an ideal place for fun and excitement and, at the same time, ideal […]
read more
Macau Casinos See More Losses As China Reinstate Coronavirus Travel Restrictions
Dreams for recovery shattered when the news that China plans to reinstate coronavirus travel restrictions circulated. Two weeks ago, authorities in the Guangdong province lifted the order that visitors from Macau needed to undergo a 14-day quarantine before entry to the mainland. China has shut down its borders to travelers from Macau on March 15 […]
read more
England Casinos Reopens August 1, Scotland and Wales Not Willing To Gamble
Casinos in the UK remained closed since March 21because of the threat of the novel coronavirus. Gamblers and investors are thrilled to hear the news except for gambling fans in Scotland and Wales. The shutdown of the casinos in the UK took away the jobs of thousands of people. Government lockdowns stole millions in revenue […]
read more
Analyst Expects Macau Casinos To Post $1 Billion Losses In The Second Quarter
The gambling institutions closed doors to clients in mid-March because of the threat of the novel coronavirus. Casinos and its related sectors projected huge losses because of the prolonged stay-at-home mandates. Business operations remained in shutdown for months, dragging revenues down to almost zero levels. Governments decided to open the economy as treasuries near depletion […]
read more
Germany Goes Hard On Online Casinos
Nevertheless, the German government said that to avoid prosecution, online casino operators should just follow the new rules formulated under the new federal gambling treaty. The German media company NDR reported on Thursday that the country has established a working group composed of representatives from different state law firms. The report added that the group […]
read more