Blockchain
April 13, 2022
Scarlet Pearl Casino Resort Now Accepts Crypto Payments
Blockchain and cryptocurrency have long been touted as friends to casino gaming. Many operators have taken this concept and realized it successfully online. But few have ventured into the retail space, let alone introduce crypto payments on-site. Well, one property is bucking the trend and defying skepticism as of today, the Scarlet Pearl Casino Resort […]
Blockchain
March 23, 2022
ASA Warns 50 Crypto Companies for Misleading Advertisement
The high-risk profile of crypto investment and its dubious returns have made many suspicious of this activity. Some, including regulators, have likened investing in cryptocurrency to a form of gambling, and a good number of observers agree it is. Now, the UK’s advertising watchdog has had to step in and issue yet another warning to […]
Blockchain
March 21, 2022
India to Tax Crypto Same as Lottery Winnings
India is preparing to regulate its cryptocurrency industry – in fact, it’s already there, and the country is introducing a 30% tax that will apply to investor capital gains. The levy will be rolled out in April and it will be the first time that a formal law has been passed to try and finally […]
Legal
March 18, 2022
ACCC Accuses Meta of False, Misleading and Deceptive Conduct
More dark clouds are gathering above Meta as the competition and consumer watchdog in Australia is taking the social media giant to court for endorsing scam celebrity crypto ads. Meta Stands to Gain Financially The Australian Competition and Consumer Commission (ACCC) pointed the finger at Meta Platforms, formerly known as Facebook, in an announcement today, […]
Industry
March 1, 2022
Cryptocurrency Will Be a Part of the Future of Las Vegas
Innovation has always been an inseparable part of success. A decade ago, talks about trading or even shopping with cryptocurrencies sounded like a thing from the distant future. Yet, the popularity of the decentralized type of currency continues to grow year after year. Now, a recent report reveals that more Las Vegas visitors are interested […]
Business
February 17, 2022
SoftSwiss Introduced NEO to Its Cryptocurrency Solutions
Developer of software for the iGaming industry SoftSwiss announced today an expansion of its crypto solution with the addition of NEO, a new altcoin that is now part of the cryptocurrencies supported by the platform. Expanding the List of Supported Cryptocurrencies The newly added to SoftSwiss’ list of supported cryptocurrencies NEO is the cryptocurrency of […]
Industry
February 16, 2022
GamCare Lobbies for Self-Exclusion Scheme for High-Risk Traders
Leading UK supplier of problem-gambling support, free information, and guidance GamCare has expressed its concern regarding high-risk stock trading. Acknowledging the growing risks associated with these activities, the charity recommends the introduction of a self-exclusion scheme for high-risk traders. GamCare Noticed Similarities Between High-Risk Trading & Compulsive Gambling While the majority of people usually trade […]
Sports
February 14, 2022
Drake Wins Big on Super Bowl Bitcoin Wagers
Last week, days before the start of the Super Bowl, the four-time Grammy winner, Drake, announced that he placed three bets. Keeping up with the popularity of cryptocurrencies, the famous rapper wagered $1.25 million worth of bitcoin by using the popular platform Stake.com. The three bets were expected to bring him more than $2 million. […]
Sports
February 12, 2022
Drake Bets $1.25M BTC on Super Bowl LVI, All-in on Rams
Super Bowl LVI is projected to elicit an unprecedented amount of sports betting handle with 31.4 million Americans turning to wager on the Big Game this year. It’s not just sports fans across the US that are wagering, though, as Drake is going all-in on the Los Angeles Rams to win against the Cincinnati Bengals […]
Blockchain
February 3, 2022
India Says Crypto to Be Taxed Like “Grey Area” Gambling Winnings
The government of India has been split about the future of cryptocurrencies. In 2021, the Reserve Bank of India (RBI) threatened to suspend crypto altogether on multiple occasions. Local crypto experts dismissed this as saber-rattling and they may have been right. The country is now moving to regulate the cryptocurrency industry not by banning it, […]
