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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Uzbekistan Forms Committee For Initiating National Lottery
During the mid of July, the office of president in Uzbekistan, Shavkat Mirziyoyev declared that it had accepted and approved the demand which was requested by Capital Markets Development Agency. It has given permission to appoint and select the national lottery operator and further build a governing framework. Agency to Define and Work On Lottery […]
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Delasport Receives ISO/27001 Information Security Management Certification
The ISO/27001 is globally renowned as an information security standard for adhering to best practices in data protection as well as information security. These practices ensure that security control of a firm is protected to keep pace with variations to the security vulnerabilities, risks, and business impact. Comprehensive Audit Before Granting Certification The company received […]
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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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Spain Online Gambling Restrictions Take Effect in October
The decision was confirmed by the country’s Minister of Consumer Affairs Alberto Garzon. Mr. Garzon added that he will be urging the government’s Council of State to approve the new gambling advertising regulations by December. Given this timeline, the new regulations should receive final approval from the Council of Ministers by October. Stricter regulations The […]
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Evolution Gaming Closes Deal With Intralot Live Casino
Evolution Gaming is adding Intralot into its growing portfolio of international partners. With this new partnership, Intralot will now have access to Evolution Gaming’s wide selection of live casino services. On the other hand, Intralot currently has operations in 44 markets but not all of them allow online casino. A push for wider market The […]
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