Thailand is thinking of granting authorized casinos 30-year licenses; public comments on the draft regulations are welcome until August 18 The document that outlines these restrictions was produced by the Council of State, which is headed by the prime minister According to the draft regulations, licensees may extend the 30-year original..

The National Power Administration (ANDE) president of Paraguay, Felix Sosa, denied reports of a large-scale departure of bitcoin mining companies He underlined that over 400 MW of projects were awaiting approval and that no companies had gone No Exodus In Rate Hikes Contrary to reports, Sosa assured that recent power rate increases had not..

Cherokee Nation Entertainment has filed a lawsuit in Arkansas to block a ballot measure aimed at overturning their recently awarded casino license in Pope County This move follows a report from the Associated Press detailing the Tribal operator's legal challenge The conflict began when Local Voters in Charge submitted a proposal to halt casino..

Pramod Sawant, the chief minister of Goa, promised to take down signs endorsing online gambling and casinos in Sri Lanka The guarantee was given on Tuesday during a House session in response to worries expressed by MLA Vijai Sardesai of the Goa Forward Party Sardesai brought up the subject of illegal casino ads in Goa during Question Hour He..

India should reconsider its high crypto taxes rather than trying to offset their effects only through anti-money laundering laws This information is based on a recent poll conducted by the Esya Center in New Delhi, which emphasizes the necessity of a tax change to accommodate Indian investors' increasing interest in cryptocurrencies The poll,..

On August 1, spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the United States experienced joint positive inflows for the first time since the launch of nine spot Ether ETFs on July 23 According to data from Farside Investors, the 11 spot Bitcoin ETFs recorded a net inflow of approximately $506 million Grayscale’s newly launched..

Caesars Entertainment has finalized a significant deal with the NSUS Group, which operates GGPoker, to transfer the intellectual property rights of the World Series of Poker (WSOP) for a substantial $500 million This agreement, announced recently, includes $250 million in cash and a $250 million promissory note, due five years after the..

The gaming industry in Nevada earned $128 billion in gross gaming revenue (GGR) in June This figure adds up to an astonishing $1576 billion for the fiscal year 2024 as a whole This year's revenue surpasses the $151 billion record set in the previous fiscal year, becoming the biggest amount ever recorded for the Silver State Following its release..

After the Curaçao Gaming Control Board (GCB) said on July 15 that its online license portal would reopen, the number of operators looking to get into the lucrative gaming sector has increased significantly Cedric Pietersz, managing director of the GCB, disclosed that in order to meet the rapidly increasing demand, the regulator is now improving..

For the second quarter, MicroStrategy (MSTR) announced a substantial net loss of $1026 million, or $574 per share The $222 million profit, or $152 per share, from the same quarter previous year stands in stark contrast to this The significant loss is mostly related to an impairment charge of $1801 million on its Bitcoin holdings Compared to the..

August 1, 2024 saw the announcement by Morpho of a large investment round, which was led by well-known early-stage venture capitalist Ribbit Capital Notable companies like Robinhood, Revolut, Coinbase, NuBank, and Mercado Libre are among those in Ribbit Capital's portfolio Morpho intends to improve the network's decentralization by utilizing..

Following the release of its second-quarter revenue report, which above Wall Street's forecasts, Coinbase (COIN) saw a modest uptick in its shares According to FactSet, the top cryptocurrency exchange revealed total revenue of $145 billion, just shy of the consensus estimate of $14 billion Nevertheless, the company's adjusted EBITDA of $596..

Marathon Digital (MARA), a leading bitcoin miner, saw its shares drop by up to 8% in post-market trading after reporting second-quarter revenue below Wall Street expectations Although the shares have since recovered some losses, the company's revenue of $1451 million fell short of the $1579 million forecasted by analysts according to FactSet..

Mark your calendars! Battle Bears Heroes (BBH) will be available worldwide on August 20th, celebrating the 15th anniversary of the iconic Battle Bears franchise You can pre-register now on Epic Games, the App Store, and Google Play What’s New in Battle Bears Heroes BBH introduces a range of thrilling features and updates: PC Version for..

MGM Resorts has unveiled its financial results for the second quarter of 2024 For the quarter ending June 30, the company reported net revenue of $433 billion, marking a 98% increase from the previous year MGM Resorts also saw a $44 billion revenue in the first quarter, whereas, operating income rose 146% to $4257 million However, net income..

Senators Catherine Cortez Masto (Nevada) and Cindy Hyde-Smith (Mississippi) have introduced a new bill named the “Withdrawing Arduous Gaming Excise Rates Act” or the "WAGER Act" This legislation seeks to repeal the federal sports betting excise tax, which the American Gaming Association (AGA) supports According to the AGA, the bill could save..

Donald Trump, a US presidential candidate, recently showcased his enthusiasm for Bitcoin (BTC) during a speech to over 3,000 attendees at the Bitcoin Conference To further emphasize his stance, he has introduced a new line of Bitcoin-themed sneakers through his website, Trump Sneakers This week, Trump Sneakers, a Trump-owned e-commerce..

The Bank for International Settlements Innovation Hub, in partnership with the Bank of England, has announced an innovative joint pilot named "Project Pyxtrial" This project aims to enhance the supervision of assets backing stablecoins The BIS, in a statement on July 31, revealed that Project Pyxtrial leverages technology to provide supervisors..

Las Vegas Sands is making a concerted effort to gain support for the legalization of gambling and the creation of destination resorts in North Texas This push comes as the company gears up for the 2025 legislative session The move is part of a broader strategy to enhance lobbying efforts and secure favorable legislation for their ambitious..

The Prizes and Betting Secretariat of the Ministry of Finance released Ordinance 1,207 on July 31 This regulation outlines the technological specifications for live gaming studios and internet gaming The much anticipated legislation, which attempts to specify which games can be offered in Brazil's newly regulated market, was signed by Secretary..