Legal
October 20, 2021
New Lawsuit over Cashless Gambling Could Disrupt the Gaming Industry
Cashless gambling is all the rage at casinos across the US and other countries. Propelled, in part, by the COVID-19 pandemic and the desire to reduce physical money transactions, thought to spread the virus, more casinos began introducing cashless options at their gaming tables and slot machines. Sightline Payments has been a pioneer in the […]
Legal
October 19, 2021
Star Entertainment Facing Class Action Lawsuits
Law firms Maurice Blackburn and Slater and Gordon announced they are preparing to launch class action lawsuits against The Star Entertainment Group following revelations that the casino operator’s board of directors ignored serious operational risk warnings. Star Stock Plummets Both law firms are preparing to launch class-action lawsuits on behalf of Star’s investors, who saw […]
Industry
October 19, 2021
Macau Suffers GGR Losses Post-Golden Week; Q3 Revenue is $1.6 billion
The daily gross revenue of Macau suffers major week-on-week declines in the period between October 11 and October 17. According to the Bernstein brokerage, the week-on-week decline is 37% to just $9.8 million (MOP79 million). The Daily Average Was 88% Lower Than October 2019 Analysts Kelsey Zhu, Vitaly Umansky and Louis Li noted in their […]
Casino
October 19, 2021
Blueprint Gaming Boosts LatAm Footprint with Salsa Tech Integration
Blueprint Gaming, a developer of slot games, has boosted its Latin American exposure by integrating its products with Salsa Technology, a content aggregator. As a result, Blueprint Gaming will be able to use Salsa’s reach and connections to leverage its products with new customer bases. Salsa Technology’s partners will be able to benefit from Blueprint’s […]
Casino
October 19, 2021
Fitch Ratings Forecasts Speedy Recovery for Genting Berhad
Credit ratings, commentary and research for global capital markets provider Fitch Ratings forecasts that casino and hospitality company Genting Berhad will soon experience a vigorous recovery. That is thanks to the big vaccination rates as well as Genting Berhad’s reduced capital expenditure and strong recovery in the US. Genting Berhad Back to Full Power by […]
Blockchain
October 19, 2021
Hashing It Out: Lloyd Purser Talks NFTs and Blockchain in Gambling
In the new episode of CoinGeek’s crypto show Hashing it Out, Lloyd Purser, the chief operating officer of FunFair Technologies, spoke about his company’s approach to blockchain and NFTs. FunFair is Developing an NFT-based Racing Game In the interview with Hashing it Out’s host Becky Liggero, Purser explained more about FunFair’s vision. FunFair began its […]
Casino
October 19, 2021
PressEnter Group Sets Headquarters in Malta with New Office
PressEnter Group is set to move into a new headquarters in Malta which will host the company’s workforce, the group revealed during a press conference attended by the Maltese Minister for Economy Silvio Schembri. Establishing an HQ That Reflects the Company Culture The company is moving into the newly-built Ferries Business Center and will run […]
Business
October 19, 2021
New Jersey Tops $1 Billion in Sports Betting Handle in September
New Jersey has finally broken the ten-figure barrier, as its September sports betting handle topped $1 billion. According to the New Jersey Division of Gaming Enforcement, the total of $1.01 billion handle represents close to a 50.6% increase of August’s handle. Most of the Handle Came from Online Sports Betting New Jersey’s handle is the […]
Insider
October 19, 2021
Best Bitcoin Casino’s Barry Goldwon: “We Help Consumers Navigate the Crypto Gaming Industry”
In a world where crypto is increasingly popular, Best Bitcoin Casino has built a safe harbor for people who want to leverage the power of cryptocurrencies and use it recreationally. The brand, which is an affiliate to numerous established crypto gaming groups, is also a comparative service that allows consumers to quickly run through dozens […]
Legal
October 19, 2021
Cullen Commission Close to Wrapping up BC Casino Investigation
Apparently, the government of British Columbia (BC) is partially to blame for the money-laundering activity that has taken place at the country’s casinos. That’s part of the takeaway from the still-ongoing Cullen Commission, an investigation into how hundreds of millions of dollars were funneled through several casinos without anyone caring. The investigation is now entering […]