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Business
April 8, 2024
Rivalry Is Interested in B2B Licenses and More Crypto Options
In February, the globally licensed sportsbook and industry underdog built through the love of gaming and internet culture, Rivalry, announced plans for a strategic expansion as a result of the success recorded by its in-house online casino. Now, the company that wishes to “establish the future of betting entertainment for the next generation of consumers […]
Business
March 27, 2024
MyPrize Closes Funding Rounds, Enjoys Enterprise Value Soar to $140M
The first online crypto casino, promising to revolutionize the gambling industry thanks to multiplayer capabilities, MyPrize, is preparing to launch its platform and technology this spring. Ahead of the launch, the company confirmed it completed two funding rounds, raising some $13 million. Thanks to the recently completed funding rounds, MyPrize’s enterprise value soared to a […]
Blockchain
December 1, 2023
CoinDesk: Polygon Labs Gave Special Treatment to DraftKings’ Validator
American gambling giant DraftKings served as a member of Polygon Labs’ validator community. What the latter company did not disclose, though, is that the operator was not truly an “equal member” of the community. As outlined in a report by CoinDesk, a crypto news outlet, Polygon had signed a deal that was incredibly lucrative to […]
Blockchain
October 18, 2023
France Passes Sorare Law, Awaits Approval from the Constitutional Council
French blockchain enthusiasts have a reason to rejoice as the Sorare law was passed with overwhelming support. Under the new law, which would provide the foundation for a regulatory framework for games using NFT and crypto features, such titles will not be classified as gambling. Backed by 437 voters and opposed by 77, the so-called […]
Blockchain
October 10, 2023
M88 Mansion Confirms Launch of Online Cryptocurrency Casino
The leading online gaming entertainment platform with a strong presence in Asia, M88 Mansion, announced the launch of its latest venture. The company confirmed Tuesday it launched M88.io, a new cryptocurrency gambling platform that seeks to revolutionize the betting and gaming vertical by delivering unique experiences. M88 Mansion explained that M88.io is a subsidiary of […]
Blockchain
September 19, 2023
UK Health Secretary Concerned about Illegal Crypto Gambling
Amid the growing popularity of cryptocurrencies across the globe, a new form of gambling entertainment emerged, online crypto gambling casinos. While some users buy cryptocurrencies as a form of investment, others would gladly use them to gamble online. Clearly, this raises eyebrows in light of crypto scams and other crypto-related crimes and what happens when […]
Blockchain
June 28, 2023
Maverick Games Partners with Pinnacle Solution to Strengthen Sportsbook
The partnership will seek to allow both companies to benefit in their respective fields of expertise. Maverick Games is a leading crypto operator that has built a reputation for itself around player protection whereas Pinnacle Solution delivers advanced platform solutions. Maverick Games to Strengthen Its Crypto Betting Platform Maverick is confident that it can deliver […]
Blockchain
June 26, 2023
Crypto Wagering Site Criticized for Taking Bets on Titan Sub Tragedy
Gizmodo, a popular media outlet, reported that blockchain betting site Polymarket had seen at least $220,000 wagered on the outcome of the Titan tragedy before the news of the vessel’s destruction and crew members’ demise was known. There Is a Time and Place for Everything The prediction website basically asked whether bettors believed that the […]
Blockchain
May 2, 2023
Crypto Platform Diverted $9.6M to Gambling Sites in BC
The crypto trading platform is said to have been misleading its customers by feeding them a false narrative about investment and storing private funds securely. In reality, argues the BC Securities Commission, the platform has been diverting money to gambling websites. False Pretenses, Very Real Consumer Pain ezBtc is alleged to have kept the ruse […]
Blockchain
April 25, 2023
John Oliver Compares Crypto to Casino and Ponzi Scheme
John Oliver’s remarks come at a time when the US Securities and Exchange Commission is looking to regulate crypto through a new proposed framework that will be deployed over the next 90 days. This has already scared investors, with companies such as Coinbase threatening to exit the market and entrepreneurs such as Chamath Palihapitiya describing […]
