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Casino
September 23, 2023
JPMorgan Suggests UAE May Approve Gambling Framework in 2023
This is according to analysts from JPMorgan who seem to be inclined to believe that the newly-established regulatory body, the General Commercial Gaming Regulatory Authority or GCGRA is expected to move quicker than anticipated and possibly present the laws that would make it possible to introduce gambling. Already the Groundwork for Something Bigger The regulator […]
Industry
June 13, 2023
JPMorgan Reiterates Overweight Status for MVB Financial Bank
For several years now, MVB Financial has been “betting” heavily on gaming, offering its services to the regulated sector in the United States. Essentially, MVB Financial is the bank that stores customer deposits for players of popular gambling brands in the country, which offers strong capitalization and invites investors interested in placing a bet on […]
Business
June 27, 2022
JP Morgan: Aristocrat’s FY Revenues to Go Up by 20%
The Australian arm of JP Morgan, a global leader in financial services, announced that Aristocrat Leisure, a global gaming content and technology company, is experiencing a strong post-pandemic recovery. The finance specialists said that the company’s business has recovered beyond pre-COVID levels and will likely keep on growing. JP Morgan Forecasts Growth for Aristocrat Experts […]
Business
June 25, 2021
JP Morgan Chase Invests in Kraft Analytics Group Equity Stake
JP Morgan, the global leader in financial services, invested in a stake in Kraft Analytics Group. JP Morgan Invests in a KAGR Stake The global leader in financial services, JP Morgan Chase & Co purchased a stake in KAGR (Kraft Analytics Group) a technology and services company focused on data management. KAGR is owned by […]
Blockchain
May 6, 2021
JPMorgan CEO Jamie Dimon: “Clients Care about Bitcoin – I Do Not”
As the adoption of cryptocurrencies continues at full speed, JPMorgan CEO Jamie Dimon remains faithful to his original argument – he has no interest in crypto. JPMorgan Chief Executive Still Doesn’t Care about Crypto JPMorgan CEO Jamie Dimon once authored a Bitcoin obituary, the practice of mainstream financiers to dub the currency fraud and a […]
Blockchain
April 9, 2021
Jamie Dimon Calls for More Crypto Regulatory Clarity
In the company’s 2020 Annual Report to shareholders, JPMorgan Chase CEO Jamie Dimon is taking a look at Bitcoin and cryptocurrency and calls for more regulatory clarity. Regulatory Clarity to Chart Future of Cryptocurrencies JPMorgan Chase CEO Jamie Dimon was once known as the least friendly face in crypto circles. He simply didn’t see the point of […]
Business
April 5, 2021
JPMorgan Notes Drop in Three-Month Bitcoin Volatility
JPMorgan Chase & Co has released a new report noting a drop in Bitcoin volatility over the past three months. Bitcoin Volatility Drops Further, JPMorgan Says Volatility has curbed the enthusiasm of many early crypto adopters who thought twice before venturing into Bitcoin once the currency started climbing rapidly and then took its ceremonial fall […]
Legal
December 30, 2020
JP Morgan Outlines China Criminal Law Amendment Implications
The criminal law amendment in China seeking punishment for organizers of trips with gambling purposes outside the country for mainland residents could make junket operators who used to bring high-rollers to Macau casinos anxious, a Tuesday memo from JP Morgan Securities (Asia Pacific) outlines. Junket Industry under Threat The ban effective from March 1, 2021 […]
Business
September 29, 2020
JPMorgan Chase Settles Nearly $1B for Spoofing Allegations
JPMorgan Chase agreed to settle investigations into its trading practices by US authorities, as stipulated by three unnamed people with knowledge in the matter cited by Bloomberg. The investment bank accepted a record $920 million penalty for its manipulation tactics in trading metal futures and treasury securities. The Most Expensive Spoofing to Date Market manipulation […]