Tightened restrictions on cash flows out of mainland China since late 2016 have been implemented to support the yuan and to make it harder for both individuals and companies to move money out of the country  Macau is an administrative region of China and revenues from gambling have rebounded recently with more mainlanders taking advantage of..

BENSALEM, Pa -- Parx Casino in Bucks County, recently announced a planned expansion of $50 million that will incorporate a new 1 500-seat concert hall to be called the Xcite Centre, a new poker room and two new restaurants  It is believed that 200 full-time jobs will be created  The completion date is planned for the winter..

Portland currently has a thriving profitable poker industry  It has 21 poker rooms within the city and surrounding county, but a new legislation, called HB 2190, that would prohibit Portland poker rooms was passed by a majority vote of 39-16 The current laws would be changed to state that “only social poker games can be played and that..

In 2016 cryptocurrencies in Russia were on the verge of being banned but it seems that the Russian government has had an about face on the subject as they are now on the verge of being legalised  The likely reason is by implementing these technological platforms security will be increased and identities of users and transactions will be..

The leading non-profit organisation defending civil liberties in the digital world, the EFF (Electronic Frontier Foundation), is opposing the California Bitcoin regulation In 2015 the EFF opposed another Bitcoin regulatory framework, known as the Californian BitLicense In an article called “A License to Kill Innovation” – the..

Kiron Interactive a provider of virtual games, continues its consolidation strategy and global expansion programme by expanding in Africa This is apparent in that it is partnering with Dafabet a leading Asian based online gaming and sports betting operator who has made inroads in Africa by adding Kiron’s content in Kenya Kiron..

Abelson Info, a betting data and odds specialist, has announced that it has bought Super Soccer Oddsfeed related assets  This acquisition will allow it to grow its stakes within the sports betting arena Super Soccer Oddsfeed’s Senior Trader Jeevan Jeyaratnam recently stated: “Myself and the team at Super Soccer..

Monsignor William A Dombrow, the rector of a church-owned retirement home for Roman Catholic priests, has pleaded guilty to four federal fraud counts  He admitted that he had skimmed money over a nine-year period from a Villa St Joseph account that he was responsible for Half a million US dollars was used by him to pay for Philadelphia Pops..

The expanded gambling bill was dealt a blow this week with the New Hampshire House defeating the two-casino option and in addition the potential of any more gambling proposals for the remainder of the session – for the next two years    The bill, which had already been cleared by the Senate, had supporters claiming that state..

By adding video poker, the state estimates that funds generated would reach $125 million a year  These profits go to fund education in Ohio But casino officials are up in arms believing that the consequences on the state’s four casinos would be far higher Ohio approved this addition to raise further funds to the state budget and..

The slow adoption growth rate of the Bitcoin community over the past decade, has been mainly due to lack of awareness and misconception BTCcom, a leading Bitcoin company is organizing a series of education workshops across the globe and the latest one is now planned for Botswana The company’s strategy is to change the perception of..

This new App, designed by Scottish Daily Fantasy Sports operator, Premier Punt, will combine traditional sports and fantasy sports betting, allowing players to make up their own fantasy teams and then be able to place bets on their choices  As an example, if the team selected in based on Manchester United players, they will then be given odds..

With casino gambling having been legalised only late 2016 in Japan, the global race for a slice of the pie has heated upJapan’s future casino sector’s annual revenue is estimated to be in the vicinity of over US$10 billion and it is likely that this market will become, after Macau, the second largest globally Galaxy Entertainment has..

Although the playMGM platform has not set a launch date as yet, it is known that it will commence games later this year to those players only within New Jersey  The platform is powered by GVC and online casino technology supplier based on the Isle of Man GVC has 100% ownership of Atlantic CityGVC purchased bwinparty in 2016 for roughly $16..

Coinbase, a leading digital asset exchange company recently stated its support for Litecoin which, by market capitalization, is the fourth most valuable cryptocurrency  This integration is part of Coinbase’s latest strategy to support more types of digital assets  This integration will allow users to buy and sell, send and store..

Various gambling laws are being changed in Australia in order to combat future gambling problems  Online gambling is on the up in Australia with a growth of 15% per annum and by putting these new restrictions in place, the government believes that these will impact the gambling industry in a positive way by allowing consumers to still bet..

After a recently announced approval by the Miami Legislature agreeing to grant another casino license in South Florida, Miami Beach City Hall officials immediately fast-tracked their opposition to any casino or other gambling operations in the city The chance for gaming expansion was killed just days before the end of this year’s..

As from July 1, 2017, Donaco International, an Asian casino operator and Kings Consulting will conduct a 3- year partnership agreement to host international poker tournaments  These will take place at Star Vegas; a venue in Poipet, Cambodia The minimum period of 3 years will see Poker King Club stage international poker tournaments at..

This new partnership will enable smart tokens to be spent with TokenCard and offer these to the end users of Bancor This seamless process will work with TokenCard’s VISA Debit TokenCard is the first smart contract debit card and Bancor is a protocol for creating tradable cryptographic tokens This upcoming partnership will allow smart tokens..

Yesterday Twitter announced that it is going big again and this time the focus will be on live streaming programs in the sports, news and entertainment genres  They are targeting programs such as PGA Tour Live – 70 hours of competition live, a news show from BuzzFeed and a live morning current affairs program MorningFeed  And much..