The newly created gaming Harms Action Lab will be open for three years with the goal of minimizing financial harm associated with gaming Financial institutions collaborate on this project, which is financed by a regulatory settlement from the Gambling Commission, to provide instruments to tackle financial difficulties associated with gambling..

Jackpot Digital recently announced an agreement with 52 Gaming, effectively ending its royalty obligations to the company This deal erases all past and future royalty payments, valued at a total of $375,000, with $75,000 already paid To settle this amount, Jackpot Digital will issue three million common shares at $014 each and provide 52 Gaming..

Circle’s CEO, Jeremy Allaire, sees a world where stablecoins become a regulated, globally integrated financial network In a recent interview with the South China Morning Post (SCMP), Allaire described how Circle, as a pioneer in this space, is effectively a "global regulatory guinea pig for stablecoins" Circle, the company behind USDC—the..

The purchase of the Prospector Hotel & Gambling Hall in Ely has been approved by the Nevada Gaming Commission, according to Anthony Marnell III, the well-known founder of Marnell Companies Another significant milestone in Marnell's illustrious career as a Las Vegas entrepreneur with a knack for building and renovating iconic businesses is the..

A significant change for the gaming establishment that had been located on a riverboat for almost thirty years was recently marked by Century Casinos' grand launch of its new land-based casino and hotel in Caruthersville, Missouri In addition to offering updated gaming possibilities, the new, larger facility has a wide range of amenities that are..

The Senate may soon vote on a bill to allow casinos in integrated resorts, according to Brazilian Senator Irajá Silvestre, who is hopeful that casinos will be legalized in Brazil Silvestre, who is the bill's rapporteur, has defended the measure's possible advantages for the economy and tourism, claiming that regulated gambling may provide a..

Bally’s Corporation has formalized an agreement to sell its interactive business across Asia and select international markets, according to an 8-K filing This deal will shift ownership to a company formed by members of Bally’s own interactive business team, referred to in the filing as the “Carved-Out Business” Through this sale, Bally’s..

In a push to advance regulated stablecoin solutions, several prominent cryptocurrency companies have teamed up to support the launch of the Global Dollar (USDG), a stablecoin aimed at delivering unique yield-sharing benefits Anchored in Singapore’s regulatory framework, USDG is issued by Paxos and backed by companies like Anchorage Digital,..

OpenSea, a marketplace for non-fungible tokens (NFTs), made a significant announcement on November 4 about its ambitions to introduce a newly redesigned platform Devin Finzer, the CEO of OpenSea, said on X (previously Twitter) that the December release marks a new approach for the NFT pioneer OpenSea’s New Vision During Regulatory..

In October, Paradise Co Ltd, a South Korean operator that specializes in casinos only for foreign tourists, recorded a consistent KRW6029 billion (US$439 million) in casino income Although it represented a minor 13% drop from September's numbers, this sum represents revenue that was essentially unchanged from the same period last year In a recent..

In a reported strategy shift, Alibaba, China's leading e-commerce behemoth, is scaling back its metaverse branch as interest in virtual worlds gives way to the development of artificial intelligence This change is consistent with a trend among large tech companies, many of whom have recently shifted their resources from the metaverse to artificial..

By January 2026, Finland plans to abandon its long-standing monopoly arrangement and change its online gaming environment Licensed businesses in online gaming and sports betting will now compete with the state-owned operator Veikkaus With the goal of improving player choice and market dynamics, this move represents a substantial shift in the..

Macau’s gaming industry saw an impressive revenue boost in October, setting a post-COVID high According to the Gaming Inspection and Coordination Bureau, gross gaming revenue for the month reached 208 billion patacas ($26 billion), marking a 66% increase year-over-year This is the highest monthly revenue since Macau relaxed its pandemic..

Traditionally associated with the exchange of digital assets, stablecoins are now being used more widely across the globe The CEO of CryptoQuant, Ki Young Ju, emphasized this move to his 368,500 X followers, indicating a pattern that extends beyond cryptocurrency exchanges According to Ju's data, just about 21% of stablecoins are currently listed..

China is allegedly putting together a big fiscal stimulus plan as economic difficulties worsen The Chinese government may soon approve a stimulus package worth 10 trillion yuan ($14 trillion) to boost the country's faltering economy, according to Reuters This massive cash boost can expire as early as the following week According to reports, the..

The Blockchain Association, a prominent advocate for blockchain and cryptocurrency, recently highlighted that enforcement actions by the US Securities and Exchange Commission (SEC) have cost the crypto industry an estimated $426 million in legal fees This financial strain, according to the association, has escalated under SEC Chair Gary Gensler,..

On Polymarket, a popular prediction market platform, Kamala Harris’s chances of winning the US presidential election have been climbing Her odds have jumped from 33% on October 30 to nearly 421% In contrast, Donald Trump’s odds have declined to 579%, suggesting traders might be hedging their bets amid rising election-related..

Crown Resorts has appointed David Tsai as its permanent chief executive after he initially stepped in as acting CEO on September 1, following the resignation of Ciarán Carruthers Carruthers announced his departure in late August and is set to leave by December 31, while Tsai's new role as CEO is subject to regulatory approval David Tsai joined..

MGM Resorts International reported a strong third quarter for 2024, reaching $42 billion in net revenue, a 5% increase from the previous year’s Q3 results The company saw its highest quarterly revenue yet, with much of the growth coming from MGM China, which set a new revenue record for the quarter In China, MGM posted a net revenue of $929..

Coinbase and Visa have teamed up to offer near-instant crypto deposits for users with eligible Visa debit cards in the US and European Union The feature brings a new level of convenience for customers, allowing real-time fund transfers into Coinbase accounts, something previously unavailable The new real-time transfer capability adds a unique..