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Legal
May 3, 2022
Golden Crown Casino in Daegu Investigated for Fraudulent Operations
Golden Crown Daegu Casino is being investigated by South Korean authorities on suspicion of manipulating games and defrauding its customers, according to local media website Breaknews. Casino License under Threat Golden Crown Casino at Hotel Inter-Burgo in Daegu Metropolitan City, the third-largest urban agglomeration in Korea after Seoul and Busan with over 2.5 million residents, […]
Casino
May 3, 2022
MGM China Reports 9% Revenue Drop in 1Q2022 Due to Travel Restrictions
The top developer and operator of gaming venues and resorts in the Greater China region MGM China Holdings Limited (MGM China) have reported its Q122 results. According to data provided by its parent company MGM Resorts International, MGM China recorded a revenue of $268 million in the first quarter of the year that ended on […]
Industry
May 3, 2022
Tax Increase for Aussie Sports Betting Companies May Bring Dire Consequences
Sports betting operators from the self-governing Northern Territory (NT) in Australia shared their concerns regarding a possible increase in taxes, a new report suggests. A New Report Claims Increase in Taxes May Impact the Sports Betting Industry in Australia On Monday this week, ABC released details obtained under the Freedom of Information law regarding submissions […]
Casino
May 3, 2022
Lighters Off: Rivers Philadelphia Casino Bans Indoor Smoking
While the heated smoking ban debate tied to Atlantic City casinos is still pending a decision, another casino in the neighboring state of Pennsylvania decided to embrace the smoke-free policy. The said policy was originally established by state representatives during the COVID-19 pandemic for safety purposes. While the policy currently exempts gaming floors from the […]
Casino
May 3, 2022
Google, Facebook & Apple Respond to Gambling Lawsuit
Consumers have stated that Google, Facebook (now known as Meta), and Apple earned billions of dollars from online casino chip sales and their stance is that the companies invoke a defense based on Section 230 Communications Decency Act. The Suit Was Filed in 2021 The aforementioned three companies received a lawsuit in November 2021 and […]
Industry
May 3, 2022
KSA Calls out Stakeholders on AML and CTF Shortcomings
The Dutch gaming regulator is one of the strictest and it is not inclined to overlook shortcomings in compliance on the part of gambling companies. Over the past months, the Kansspelautoriteit has issued several warnings to unnamed operators and advised on general advertisement practices, but there is more. Dutch Authorities Unhappy with Gambling Companies Reporting […]
Casino
May 3, 2022
Kalamba Games Gains Access to Big Time Gaming Megaways
Kalamba Games has become the latest licensed partner to Big Time Gaming and will gain access to the acclaimed Megaways mechanic which will now be implemented in the developer’s existing portfolio of titles. The Megaways mechanic is the exclusive property of Big Time Gaming, but the company has been happy to lease it to other […]
Casino
May 3, 2022
Pragmatic Play to Launch Stake.com Branded Live Studio
Pragmatic Play and Stake.com will be pushing the envelope of live casino gaming with a new bespoke product the partners have revealed. Pragmatic Play, which has an extensive footprint in the development of various igaming products, and has built some of the most compelling live casino games will collaborate with the world’s leading cryptocurrency betting […]
Casino
May 3, 2022
Greentube Adds Gaming Content to PokerStars’ Italy Website
Greentube continues to expand its content footprint. As the interactive gaming division for Novomatic, the company is definitely in a strong position to do so, as more gambling companies are putting a greater emphasis on digital acquisitions and expansion in the interactive gaming sector. Even PokerStars, a brand traditionally known for its card games, is […]
Blockchain
May 3, 2022
Crypto Investment Is Gambling Cybersecurity Expert Says
Investing in cryptocurrency has been all the rage, especially after the endorsement by Visa, PayPal, and Tesla of popular digital assets such as dogecoin, bitcoin, and ethereum. Yet, to cybersecurity expert Bob Seeman investing in crypto is no better than gambling. He described any investment moves in the space not as making down a prescient […]
