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Industry
December 13, 2024
How Venmo Is Used for Gambling, Sex and Drug Payments, Report
The evolution of digital payment platforms makes it easier to pay without cash for a range of activities or products. From paying at McDonalds, shopping online and even placing a bet via online casino or a bookmaker, digital wallets sure make cash obsolete. Avoiding Cash, Even Illegal Bookmakers and Drug Dealers Use Digital Payment Platforms […]
Industry
December 3, 2024
NSW Gambling Overhaul Faces Backlash over Questionable Research
A nationwide overhaul of the gambling sector in Australia is yet to pick up speed, despite calls by responsible gambling advocates and charities, highlighting the harm the activity brings. Losses in hundreds of millions of dollars continue to affect customers across the country, while lawmakers are cautiously exploring options for a potential gambling reform. New […]
Industry
November 11, 2024
Nevada Casinos May Soon Allow Non-gaming Purchases via Betting Accounts
In the digital world, many prefer cashless transactions. Considering that nowadays cards can be used for payments almost everywhere, from a coffee shop to the subway and even the bus, more people would rather swipe a card than use cash. Such is the case for the gambling sector too, where cashless technology is making its […]
Legal
October 4, 2024
Koin Secures Initial Victory in Everi Federal Lawsuit
A lawsuit between two technology companies that power the gambling sector with cashless solutions recently picked up speed. Earlier this year, Koin Mobile, a company providing cashless solutions, filed a lawsuit against its rival, Everi, a recognizable technology and solutions provider that operates in the same vertical, alleging digital wallet infringement. Koin Will Continue Its […]
Industry
September 11, 2024
Singapore Greenlights Cashless Gambling in Casinos
Singapore’s two casinos will soon offer their customers cashless gambling options after important changes to the Casino Control Act pushed by lawmakers in the country. On Tuesday this week, Sun Xueling, the Minister of state for home affairs and for social and family development, spoke about the important changes and how they affect casino operators. […]
Industry
September 6, 2024
Australians Reluctant to Roll in Cashless Gaming Trial
Australians are said to be losing calamitous amounts on poker machines, and something clearly should be done. No one can quite put their finger on what that something looks like, but a barrage of responsible gambling measures has been launched. Cashless Gambling Trial Fumbled in Australia Some, such as a national self-exclusion program and a […]
Legal
July 10, 2024
Everi Asks Court To Dismiss Anticompetitive Lawsuit Filed by Koin
This spring, two technology companies offering cashless solutions to the gambling sector, entered into a legal battle against each other. Everi, the leading provider of solutions and technology, powering iGaming and land-based operators, was accused by one of its rivals, Koin Mobile, of anticompetitive behavior. Moreover, Koin alleged that Everi seeks to establish a monopoly […]
Legal
April 23, 2024
Koin Files Lawsuit against Everi, Alleging Digital Wallet Infringement
The leading provider of technology and solutions, powering land-based and online gambling operators across the globe, Everi, was named as a defendant in a new lawsuit filed by Koin Mobile, a rival company within the cashless solutions vertical. In its lawsuit, Koin, which was founded in 2021, outlines that Everi currently holds a significant share […]
Industry
April 11, 2024
NSW’s First Cashless Gaming Trial Did Not Have a Significant Impact
The cashless gambling trial in New South Wales has already started but critics are not happy with the results. Initially launched at Wests New Lambton, a club in Newcastle’s Hunter region, the trial ran from October 2022 until June. Unfortunately, the statistics failed to impress the opponents of cashless gaming. The new technology, which some […]
Industry
December 14, 2023
NSW Significantly Bolsters the Scope of Its Cashless Gambling Trial
Liquor & Gaming New South Wales announced it would substantially expand its cashless gambling trial, expressing hope for the program’s success amid rising interest from clubs and other venues. This update bodes well for the Australian province, which suffers from record problem gambling rates and still struggles to regulate unscrupulous businesses. The Government Will Collect […]
