Blockchain
August 2, 2022
Alleged $300M Crypto Ponzi Scheme Targeted by US SEC
A pyramid scheme is not a sustainable business model on the blockchain either and Forsage is about to come to the same conclusion. Multinational Operation Worth More Than $300M On Monday, August 1, 2022, the United States Securities and Exchange Commission (US SEC) issued a press release about charging 11 people relating to the alleged […]
Industry
August 2, 2022
New Rules by Victoria’s Government to Control Crown Melbourne’s Operations
The government of the state of Victoria, Australia, has introduced 12 more recommendations to the parliament through which visitors at Crown Melbourne will have to set gambling limits. These measures were also described by the Andrews government as the strongest measures for any casino. Crown Visitors Will Have an AU$1,000 24-Hour Spending Limit These rules […]
Industry
August 2, 2022
SJM Holdings’ H1 2022 Performance Continued to Deteriorate
Macau casino concessionaire SJM Holdings announced today in a filing to the Hong Kong Stock Exchange the company’s unaudited consolidated interim results for the first half of 2022, posting a loss attributable to the owners of the company nearly twice as much that in the same period in 2021. Key Performance Metrics For the first […]
Business
August 1, 2022
Lottomatica Group Reaches Sixfold EBITDA and Quadruple Revenue Growth
Lottomatica Group is a relatively fresh entity on the Italian market. The group was born when multinational slot manufacturer International Game Technology decided to sell its Lottomatica-branded Business-to-Consumer operations to Gamesnet Group. The latter adopted the Lottomatica brand itself and later on created the enlarged Lottomatica Group with a merger between GoldBet Italia and Lotomattica […]
Slots
August 1, 2022
Yggdrasil & ReelPlay Release Monsters VS Gigablox by Hot Rise Games
Yggdrasil and ReelPlay have united to release ReelPlay’s partner studio Hot Rise Games’ freshest slot. The new game is called Monsters VS Gigablox and it is likely to become yet another knockout game from the studio that developed its own Hot 1 game mechanic. Players are invited to tap into their primal fear of monster-like […]
Casino
August 1, 2022
Jimmy Thomas, Hippodrome Casino Co-founder and Casino Pioneer Passes Away
James “Jimmy” Thomas, the co-founder and president of the famous Hippodrome Casino in London passed away late last week. Jimmy Thomas Passed Away at 88 On the morning of Saturday, July 30, Thomas passed away in his sleep after a short illness at the London Clinic. Members of his close family were present. The famous […]
Industry
August 1, 2022
Gaizka Mendieta and Kirsty Gallacher Will Co-Host the Ninth SBC Awards Edition
The Sports Betting Community (SBC) Awards is a prestigious award show that celebrates and recognizes la creme de la creme in sports and gaming innovation and expertise. This year, the event will be co-hosted by Gaizka Mendieta and Kirsty Gallacher. The Ninth Edition Each year, the best industry suppliers, operators, and affiliates belonging to all […]
Casino
August 1, 2022
Sihanoukville Casino Shooting, Two Dead, One Injured, Three Suspects Held Hours Later
Cambodia continues to fuel the narrative of its Chinese transnational crime problem with local news reporting a shooting inside a casino complex where two Chinese nationals were murdered and one was injured, and the three suspects are all Chinese as well. Casino Shooting Sees Two Dead, Suspects Quickly Identified Preah Sihanouk, the coastal Cambodian city […]
Business
August 1, 2022
Kindred Group Announces 23M Share Buyback Program
Kindred Group has told investors that the company will begin a share buyback. The buyback was approved during an Extraordinary General Meeting held back in June. During the meeting, it was decided that Kindred should attempt to recover as many shares as it can, but not exceed a particular threshold or a number of the […]
Lottery
August 1, 2022
Staggering $1.34BN Mega Millions Jackpot Won in Illinois
Late last week, one lucky ticket-holder from Illinois won the Mega Millions jackpot. The person won $1.337 billion, which is the second-highest jackpot in the history of Mega Millions. Second-Largest Mega Millions Jackpot Won in Illinois The lucky winner managed to match all six numbers for the Mega Millions drawing on July 29. The winning […]
