Revenue data from the Gaming Inspection and Coordination Bureau Macau shows a remarkable growth to MOP 1974bn ($247bn), a 68% increase over the previous year, in a significant change for Macau's gaming sector Considering the region's previous pattern of consecutive monthly falls in December and January, this rise is quite noteworthy These most..

The US Securities and Exchange Commission (SEC) has decided to drop its lawsuit against cryptocurrency exchange Kraken According to Kraken, the case will be dismissed with prejudice, preventing the SEC from pursuing the same allegations in the future As a result, Kraken will not face penalties, operational changes, or an admission of wrongdoing..

Regarding President Donald Trump's Crypto Strategic Reserve, Coinbase CEO Brian Armstrong has expressed his opinion that Bitcoin by itself would be the greatest option Armstrong outlined two potential approaches to reserve structure in response to White House AI and Crypto Czar David Sacks on X The first strategy would concentrate the whole..

Austrian court rulings that penalized gambling operators for operating without a local license were overturned by the Malta court, which decided in favor of those operating under its jurisdiction The decision, which was delivered on February 27, opposes Austria's stringent gambling laws and upholds the independence of businesses with a Malta..

Last year, Wynn Resorts created history by obtaining the first commercial gambling license for its Wynn Al Marjan resort in the United Arab Emirates (UAE) At first, the business affirmed that there would only be one casino at the resort But according to a recent executive statement, there might be more gaming spaces added More than 1,500 hotel..

There has been no progress on House Bill 1879, which sought to permit a casino within 6,000 feet of the Mississippi State Capitol Trey Lamar (R-Senatobia), the chairman of the House Ways and Means Committee, moved to postpone the bill, thereby ending it The result was confirmed by a voice vote, which stopped the proposal from..

Following former President Donald Trump's announcement that the United States will create a "crypto strategic reserve," the cryptocurrency market experienced a significant surge According to reports, Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) will all be part of the reserve The entire cryptocurrency market surged..

Macau’s government expects gaming operators to work closely with satellite casino partners as the current transition period ends this year, according to Chief Executive Sam Ho Fai Satellite casinos operate under the licenses of major gaming concessionaires but are typically run by third-party investors The three-year transition period, which..

Melco Resorts & Entertainment Ltd is actively assessing investment opportunities in Thailand as the country moves toward legalizing casino resorts Chairman and CEO Lawrence Ho Yau Lung described Thailand as a “generational opportunity” and acknowledged the company has been conducting studies, visiting the country, and maintaining a..

Tribal countries in North America are resisting sports prediction outcome markets, claiming they jeopardize their unique gaming rights The legality of Kalshi's contracts that resemble sports betting was recently contested by the Indian Gaming Association (IGA) and nine other tribal organizations The disagreement surfaced during a roundtable..

The financial results of Penn Entertainment's fourth quarter and full year of 2024 were released, showing both notable net losses and consistent revenue growth With nearly $166 billion in revenue for the fourth quarter and $657 billion for the year, Penn Entertainment had a 3% rise in revenue over the prior year The business did, however,..

Record-breaking revenue figures for the fourth quarter and full year of 2024 were revealed in Accel Entertainment's financial report The business made $12 billion for the year and $3175 million in Q4 Net income decreased for both times in spite of these achievements Revenue grew 69% in Q4 and 52% year over year in 2024 Net income, however, fell..

To improve the conversion of cryptocurrency to fiat, Uniswap has partnered with Robinhood and many payment systems The goal of this partnership is to give consumers an easy option to withdraw digital assets straight into their bank accounts Users of Uniswap in more than 180 countries will be able to sell and receive cryptocurrency using..

After receiving significant support from the Senate Committee on Business and Commerce, Texas lawmakers are thinking about investing some of the $24 billion surplus in Bitcoin With this action, Texas joins an increasing number of states in the US investigating Bitcoin as a potential strategic asset A plan to invest state funds in Bitcoin has..

BitMEX, a major player in the crypto derivatives market, is reportedly looking for a buyer According to sources, the exchange has engaged Broadhaven Capital Partners, a financial advisory firm, to handle the sale process CoinDesk reported on February 27 that BitMEX began working with Broadhaven Capital in late 2024 to explore acquisition..

The US Securities and Exchange Commission's (SEC) investigation into the cryptocurrency exchange Gemini is now complete Gemini is now one of the cryptocurrency companies that are not immediately subject to regulatory investigation as a result of the decision Cameron Winklevoss, president and co-founder of Gemini, posted a notice from the SEC on..

Bitcoin's short-term price trajectory, according to BitMEX co-founder Arthur Hayes, depends on US political developments He underlined that the cryptocurrency industry is currently in a wait-and-see stage in a recent article on X The stability of Bitcoin, according to Hayes, hinges on how effectively former US President Donald Trump handles..

According to its most recent financial report, Kambi made €1764 million in 2024, a 18% rise from the previous year CEO Erik Becher characterized the time as both "transitional" and "transformative," despite the limited growth Becher, who succeeded longtime CEO Kristian Nylén in July 2024, was upbeat about the company's varied sources of..

A new tax system for online sports betting is being pushed by Assemblywoman Carrie Woerner of New York, who was recently selected as the chair of the Assembly Racing and Wagering Committee She presented Bill A6013, which would reduce operator tax rates while increasing the number of mobile sportsbooks The bill, if passed, would raise the number..

Marking 25 years in the gaming industry, South Korea’s Wemade has introduced its new company slogan for 2025—“We Dare” This bold statement reflects the company’s commitment to pushing boundaries in gaming, blockchain, and artificial intelligence Wemade’s blockchain division, Wemix, is expanding its strategy, reinforcing the..