Chinese Operators Dominates Casino Investments In Myanmar
In recent years, the area attracted investors because of its strategic location. The government plans to develop the area into an economic corridor that will connect the two port cities of Vietnam and Myanmar. Myanmar‘s urban expansion turned the banks of the Moei River into its second-largest border trading zone. The joint venture of the […]
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Ban On Slot Ads In Greece
Not just that, there will be a restriction on speed limits which only enable three at a time. These restrictions have been implemented in a series of secondary regulations that make up a part of the gambling reform in the country. It is expected that such restrictions along with regulations and time limits on ads […]
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Imperial Pacific International Requests Relief of its US$15.5 Million Annual License Fee to Commonwealth Casino Commission
In the letter, the company has requested abatement in its annual licensing fee up to US$15.5 million, which it failed to pay due to the COVID-19 pandemic. Chairman Issues Public Statement Expressing Disappointment After receiving the request, the Commonwealth Casino Commission released some official statements about the current events that are happening around IPI. Edward […]
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Mobile gambling continues growth in 2021
Land-based casinos suffered a massive decline in revenues because of the government lockdowns imposed to curb the spread of the novel coronavirus. The absence of bricks and mortar casinos and other land-based gambling institutions boosted the rising influence of online gambling. Mobile gambling and faster internet speed contributed to the growth of online gambling. Mobile […]
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Ladbrokes Revenue Fall Amidst Growth In Online Gambling
The company’s revenue in six months declined by 11 percent to £1.5 billion, and its gross profit fell 13 percent to £1.5 billion. The prolonged lockdowns closed land-based casinos and other gambling facilities. Betting shops were among the land-based gambling facilities forced to shut down in March because of the novel coronavirus. The closure caused […]
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Increase Internet gambling, Smartphone Penetration Boosts Global Online Gambling Market
MarketWatch.com’s research projected that the global online gambling market will grow into $94.37 billion by 2025, with a compound annual growth rate of 10.28 percent. The research claimed the increase in internet gamblers and smartphone penetration in the industry was among the contributors to the industry’s growth. The newly emerging industry poses a high potential […]
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EGBA Calls for Consumer Rights for European iGaming Industry
The European Commission will soon introduce its new consumer strategies and plans at the end of 2020. Now, EGBA has asked EC to implement this consumer rights demand into the new strategy. It is recently discussing a roadmap with stakeholders in order to support the development of a single set of pan European consumer rights. […]
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Wynn Macau Ltd Establishes Wynn Care Foundation
The carter said Wynn Resorts SA, the Wynn Macau’s unit that holds its gaming rights, officially established the Wynn Care Foundation. Macau formally recognized the new foundation in July. Macau’s Official Gazette noted that Galaxy Entertainment Group Ltd was the first casino operator to establish a similar foundation in 2014. The publication also said other […]
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UK’s Betting and Gambling Commission Expresses Dismay Over Latest Reopening Delay
The country imposed drastic measures to stop the spread of the deadly pathogen. The economy of the country dropped massively because of the continuing spread of the virus. UK’s economy fell to a record 20.4 percent in the second quarter, pushing it down to the recession, because of the lockdowns imposed to curb the spread […]
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FansUnite, Askott Merger Creates Canada’s Leading iGaming Company
The novel coronavirus pandemic boosted online gambling’s influence. People can no longer visit the land-based casinos because of the lockdowns. The absence of land-based gambling facilities spread the influence of online gambling. Online gambling companies raced to fill the high demand for online gambling. Land-based casinos started partnerships with online gaming solutions provider to join […]
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