Business
June 1, 2020
Zynga Acquires Mobile Game Maker Peak for $1.8bn
Leading social games developer Zynga has inked a $1.8bn deal with Turkish game maker Peak. The deal is expected to boost Zynga’s margins as well as add $300 million to the company’s bookings and push active players by 60%. Zynga to Finalize Peak Acquisition in Third Quarter Developer of social games Zynga has inked a […]
Business
May 31, 2020
DappReview: Tron, the Las Vegas on the Blockchain
Tron, the decentralized infrastructure network, has been hailed as the “Las Vegas on the block chain” by DappReview, a user insight and market analytics on the blockchain provider company. Its founder, second wave crypto entrepreneur Justin Sun, who made his fortune through Bitcoin in 2012, touted last week a new upgrade to the platform that […]
Business
May 31, 2020
Suncity Acquires New Stake in Suntrust to Achieve 74.42% Total
Suncity Group, the residential and commercial property developer listed on the Hong Kong stock exchange, is expanding its stake in the Philippines property management company Suntrust Home Developers, Inc, after a “CB Subscription Agreement” was signed to see it subscribe to convertible bonds to the amount of $145 million and reach 74.42% share in the […]
Business
May 28, 2020
Germany: Visa Card Payments Unavailable for Online Gambling
Visa has warned all of its banks and payment processor partners in Germany that it will discontinue its services regarding payments to and from illegal online gambling websites, claims a recent story in the German media outlet NDR. Online Gambling Still Illegal Online gambling in most of its forms in Germany is illegal according to […]
Business
May 26, 2020
Sweden: Horse Racing Exempt from Deposit Limits, Minister Suggests
An amendment to the temporary restrictions put forward by Sweden’s Minister for Social Security Ardalan Shekarabi is seeking to make exempt horse and sports betting from the SEK 5000 weekly deposit limit on players. In April, the Social Minister came up with a temporary set of restrictive measures, aimed at preventing people from developing bad […]
Business
May 26, 2020
PokerStars May Be Withdrawing from Cyprus
Online players and local Cypriot news agencies have reported that PokerStars may be planning to leave the country’s gaming market. PokerStars Leaving the Cypriot Market, Say Outlets and Local Players Greek and Cypriot local news have reported that PokerStars plans to quit the Cyprus online gaming market. Besides local news agencies, many Cypriot online players […]
Business
May 25, 2020
GiG Secures Playtech’s iPoker Network to Expand into Online Poker
GiG and Playtech have signed a fresh partnership according to which GiG will now offer online poker with the help of Playtech’s iPoker Network. Playtech Extends iPoker Network to GiG’s Network of Partners Gaming Innovation Group (GiG), an established leader in the iGaming vertical, has announced that it has integrated Playtech’s award-winning poker platform, the […]
Business
May 24, 2020
New Skill-based Games Enter Nevada’s Regulated Casino Market
The Australian gaming developer Wymac is entering Nevada’s market following a licensing approval by the state regulator. Wymac Skill Games Have Received License from Nevada’s Regulator Nevada’s Gaming Control Board approved gaming license the Australian gaming developer Wymac Development this Thursday. The regulator’s decision was kept on hold since March, due to the state emergency […]
Business
May 23, 2020
Microgaming Revamps Its Immortal Romance Slot Game to Improve Player Experience
Microgaming, the supplier of online gaming software to leading gambling operators worldwide, has introduced its newly revamped version of its classic Immortal Romance game. The slot game that made its debut back in 2011 still remains among players’ favourites across all platforms Microgaming partners with globally. Worldwide Presence It has been almost a decade since […]
Business
May 22, 2020
ASA: Children’s Exposure to TV Advertising within Tolerance Levels
Children’s exposure to TV gambling advertisements in 2019 has returned to levels observed in 2008, a recent report released by the Advertising Standards Authority (ASA), UK’s independent advertising regulatory body outlined. The issued report is part of the regulator’s ongoing commitment to monitor the effectiveness of current restrictions with regards to children, as well as […]