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. […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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Genesis Global Seeks To Appeal License Suspension In UK
Some people with insider knowledge about the issue have noted that the casino operator failed to check several compliances required by the government. However, the exact issue were not specified by the government. The United Kingdom Gambling Commission (UKGC) suspended the operating license of Genesis Global earlier this week. This means that the company was […]
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Basketball Could Become UK’s Next Big Betting Market
The UK allowed its sports betting industry to go legal through the Gambling Act of 2005. The act has entitled the UK Gambling Commission to approve licenses and supervise operations of online gambling platforms. The legislation has aimed at protecting gamblers against criminal activities and ensuring that they don’t commit gambling-related crimes. The legislation also […]
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