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Gambling, & Poker News
Gambling, & Poker News
If 20 years ago, someone said sports betting would be possible with decentralized currency, only a handful of people would have believed it. Now, punters have dozens of online bookies that support cryptocurrency. Technology has played a significant part in…
The gambling Control (Amendment) Act of Singapore was recently enacted by parliament during a second reading and brings significant reforms to the gambling sector. The new rules emphasize cashless gambling and strict anti-money laundering procedures in an effort to modernize…
The gross gaming revenue (GGR) remittance rates for both online and brick-and-mortar betting activities have been lowered, according to a statement released by the Philippine Amusement and Gaming Corp (Pagcor). With effect from January 2025, this change aims to bring…
The Japan National Police Agency (NPA) intends to look into offshore gaming sites that target Japanese players in particular. These platforms frequently seem to be in accordance with laws from other jurisdictions, tricking users into thinking they are functioning lawfully…
Stephen Song, a 29-year-old poker pro from Greenwich, Connecticut, added another major win to his growing list of achievements by taking down the 2024 PokerStars European Poker Tour (EPT) Barcelona Main Event. The €5,300 buy-in no-limit hold’em tournament saw 1,975…
India’s Finance Minister Nirmala Sitharaman has addressed recent developments concerning the country’s gambling tax increase, introduced in October 2023. The tax hike has led to notable revenue growth in both online and land-based gambling sectors. This review follows a six-month…
The public’s interest in New York City’s protracted casino license controversy is piqued by the most recent proposal for the Hudson Yards neighborhood. An animated film that showcased Related Companies and Wynn Resorts’ grandiose $12 billion casino development proposal surfaced…
Gambling industry leader Entain has recently unveiled an optimistic update on its strategy and trading performance for the year’s second half. The company is buoyed by progress that has exceeded its expectations and is set to discuss these developments in…
Stockholm-listed Betsson AB is exploring the option of issuing new senior unsecured bonds, denominated in euros, with a three-year maturity. The potential €100 million ($110.46 million) bond issuance is part of the company’s broader financial plan, which includes refinancing existing…
The Gibraltar Supreme Court has rendered a significant ruling in favor of Mansion Group, directing its former CEO, Karel Mañasco, to reimburse the now-defunct gaming company for more than €2.5 million ($2.76 million) and £127,000 ($166,200). The case centers on…