Regulators Approve Caesars’ Regional CEO Amidst Pending Eldorado Deal
More and more states in the US see the potential of the gambling industry to bring a massive amount of revenue and boost their economies. Many states started giving licences to companies, allowing them to operate gambling facilities. Casinos and other gambling venues were among the first companies to resume operations following loosened safety protocols […]
read more
PayPerHead Agents Witness Rise In Online Casino Gaming
The shutdown of significant sports event around the globe caused people to seek for alternative entertainment while they were trapped in their homes. Google reported in recent months that search for online gaming and casinos significantly increased. Subscriptions and logins in many online gaming sites increased. People were drawn to online gambling because of its […]
read more
Modifications in Sandbox Regulatory Framework Announced by Malta Gaming Authority
The Sandbox Regulatory Framework‘s second phase has requested to allow the use of Innovative Technology Arrangements in the gaming sector by the MGA. This includes smart contracts and Distributed Ledger Technology usage. The declaration by Malta’s Gaming Control Board also states that the term of the framework will be extended to the 31st of December […]
read more
Las Vegas Online Vacation Rental Booking Surge As Casinos Reopen
Casinos in Nevada shut down in mid-March because of a government mandate that aims to protect everyone from the novel coronavirus. The state started its reopening plans in May, allowing the business to resume their operations. Many casinos in US states began planning for their reopening. Starting late May, casinos in US states started welcoming […]
read more
Pandemic Causes Australian Gambling Spending to Surge 50 Percent
An economics teams used internal bank data for their research on consumer spending since the start of the year. They also study payments that were made towards various merchants. It appears that gambling expenditure is 50.7% higher since January. COVID-19 and gambling Based on the statistics released by NAB, no other sub-groups that they have […]
read more
Ukraine Gambling Regulations Are Prepared To Be Proposed For Second Reading
The law is proposed to regulate and legalize land-based as well as online gambling in Ukraine. The law was declared on June 3 by the governing Servant of the People Party in the country. The Bill Proposals According to the draft gambling bill, gambling practices would be conducted through eleven different licenses which will be […]
read more
First Inland Casino In Northwest Indiana Takes Shape, Reopening Delayed
Mr. Keeler confirmed that footings, steel frame, and the roof of the gambling facility are already in place. The official said the walls were installed, but lots of things need to be done. He also said they are about to bid for the interior work of the facility. The new casino is expected to boost […]
read more
Federal Officials Allows Tribal Casino in Wichita, Kansas Might Loss Million In Taxes
Resorts and casinos show great potential to boost the growth of a state. Many state leaders considered reopening the casinos as an alternative source of revenue to be used in their recovery from the economic impact of the coronavirus. More and more states included the casinos in the list of necessary businesses to resume operations […]
read more
UKGC Guidelines to Abolish Credit Card Gambling
After it went into effect, loopholes appeared for gamblers to exploit. UK media outlets reported on the loophole methods used to go around the ban. Two weak points have been exposed. First, a pay-by-phone option is accepted by many casinos. That allows gamblers to credit the money on their phone bills and pay them with […]
read more
Online Gambling & How Did Covid-19 Affect It in 2020?
One of the major consequences of the health crisis was the cancellation of huge sports events like UEFA Euro 2020 and the Olympic Games, both postponed for 2021. That tanked betting on live events and closed land-based casinos across the globe. The damage to the industry is mind-bending. But with the enacted stay-at-home orders, the […]
read more