News

cambodia gambling regulation
Betting 13-07-2020

Cambodia’s Cabinet Agrees To Bring Casino Regulation

Why does the cabinet of Cambodia Pass Casino Law? In a press release, the Council of Ministers stated that this regulation would focus on promoting integrated commercial gambling that would aid in job creation as well as tourism promotion. Besides, it will be responsible to enhance the economic growth while increasing overall revenue generation. The […]

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unemployment due to the covid
Casino News 13-07-2020

More Casino Workers losses Job Due To Coronavirus

Closure of business for nearly four months could only mean two things, losses in revenue and additional operating expenses. During the lockdowns, millions of people waited for government subsidies to survive. Hopes are high for everyone when their government loosened restrictions, allowing businesses to operate. The novel coronavirus continues to threaten everyone, but they now […]

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Las Vegas' Bally's Hotel & Casino
Casino News 13-07-2020

Las Vegas’ Bally’s Hotel & Casino Reopens July 23 Amidst Rising New Coronavirus Cases

Health regulators reported a high rate of new cases of the infection every day. The country allowed the reopening of economies of the states as their treasuries reach nearly depletion. Business activities are needed to generate funds required for the recovery of the economy.  The casino industry is related to other sectors, including tourism and […]

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spain online gambling
Betting 13-07-2020

Spain Online Gambling Revenue Surges

Many market experts believe that the surge in online gambling in the country can be attributed to the coronavirus lockdown. Spain is one of the hardest hit country during the early months of the pandemic. This caused the government to shut down non-essential industries and establishments, a decision that have severely hurt the traditional casino […]

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encore boston harbour reopens
Casino News 13-07-2020

Encore Boston Harbor Reopens, Adopts Coronavirus Measures

The threat of the deadly virus to human life never stopped governments to resume economic activities. The prolonged lockdown stole massive amounts of revenue from economies all around the world.  State leaders decided to gradually allow businesses to operate despite the threat of the deadly virus. Casinos are among the businesses allowed to welcome back […]

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new york additional income
Betting 13-07-2020

Expert Suggests New York Should Consider Online Sports Betting As Revenue Stream

A bond manager recently suggested that New York can capitalize on the recent surge of online gambling activities as a possible revenue stream for the city. The city’s coffers is in serious need of a top up, and experts believe that city officials should grab whatever opportunity they have in order to create revenue. Due […]

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encore boston harbour
Casino News 10-07-2020

Massachusetts Casino Reopens, Launches Free Coronavirus Testing Sites

The cases of novel coronavirus continue to rise globally despite extensive efforts of global health regulators to prevent its spread. It has infected nearly twelve and a half million people and killed more than half a million. In the US alone, the number of cases reached nearly 300,000, with more than 130,000 dead. Massachusetts has […]

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malta gaming authority
Betting 10-07-2020

Malta Gaming Authority Issues B2B License To SoftGamings

Now, as a licensed operator, the company would be able to extend its supply of casino and sports betting solutions. It will certainly enhance its presence around the Malta Gaming Authority jurisdiction. This will hopefully enhance the sales and entire reach of its sportsbook and casino solutions. SoftGamings Achieves Historical Milestone As a B2B license […]

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stocks projected to growth
Casino News 10-07-2020

DraftKings Dominates Online Gaming, Stocks Projected To Continue Growth

DraftKings is projected to dominate the online gaming market as stocks move higher as time goes by. The sportsbook industry has already cemented its foothold in the US. The amendment in the gambling laws of the country in 2018 paved the way for the regulation of sportsbooks and other online gaming platforms. More than 18 […]

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spanish regulations
Betting 10-07-2020

Operators Unite As Spain Imposes Strict Regulations on Gambling Sports Sponsorship Deals

A draft of the new regulations were sent to the European Commission for approval on Thursday. Spain’s Ministry of Consumer Affairs have hinted a while back that it is planning to impose new regulations in ad limits that are stricter that the one which was lifted last month. Advertisement bans One of the most controversial […]

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