Responsible gambling has turned into an objective as important as the regulations of the industry itself. Gambling operators were required to introduce a self-exclusion scheme to protect vulnerable gamblers from gambling-related issues. The operators should meet the specific responsible gambling conditions of the countries they target. Many people argued that […]
Author: Paul Brooks
Pollard Equities Buys Additional Shares to Increase Interests in NYX
On 28th November, Canadian gambling investment company Pollard Equities announced that it has purchased 4 million warrants at a price of C$0.03 per warrant. This entitled the company to acquire additional shares in Canada-listed gaming and sports betting content supplier NYX Gaming Group and enter an agreement pursuant to the […]
Entertainment Software Association Classifies Loot Boxes as Non-Gambling Entities
The recently-released Star Wars Battlefront II action shooter video game has been under serious media fire over the past few days. The highly controversial loot boxes in video games opened Pandoraās Box. A number of concerned gamers have voiced opposition to the presence of loot crates, considered to resemble real-life […]
South Korean Finance Watchdog Drops Bid to Regulate Bitcoins
South Korean finance watchdog officially announced that the country abandons plans to regulate bitcoin exchanges. The officials did not completely scratch off this opportunity from their to-do lists but they are to wait for the cryptocurrency to be legally recognized. Paradoxically, the announcement came shortly after the South Korean Financial […]
VR Technology to Bring Truly Immersive Online Casino Experience, But When?
Imagine a world where virtual reality is not the preserve of wealthier tech geeks and where entering a VR simulation does not require all the expensive paraphernalia we currently need in order to be able to benefit from the technology. And within the context of the gambling industry, imagine a […]
Are British Columbia Casinos a Boon to Money Laundering?
The financial sector has always been a favorite target to money launderers. Hence, all the measures to prevent crimes and to reinforce anti-money laundering systems are mainly directed to the financial sector. The explosive growth of the gambling industry has attracted the attention of many people, who have started to […]
French Senator Voices Concerns Over Loot Boxesā Gambling Nature
The recently released Star Wars Battlefront II action shooter video game muddied the water last week after it became clear that the game features a virtual rewards system (better known as a āloot box“), which can be bought with real money. Purchases in video games that have a random result […]
Star Wars Battlefront II Receives Harsh Criticism Due to Its Might-Be Gambling Nature
The release of the highly-anticipated Star Wars Battlefront II made a splash this Tuesday. The action shooter video game is based on the popular fantasy Star Wars, which appeared among the top movies in the box office. Electronic Arts (EA) and Disney are the companies associated with the game, which […]
Bitcoin is Thriving Due to Its āSpeculativeā Nature, Blackrockās Chief Explains
Bitcoin has been on a tear over the recent years. Despite the many different controversial opinions related to the cryptocurrency, bitcoin is thriving and its price is rocketing. At present, the digital currency is two times more expensive than an ounce of gold. Even after the recent drop, its price […]
UK Financial Conduct Authority Takes Over the Reins of Binary Options from January 2018
Earlier today, the UK Financial Conduct Authority (FCA) officially announced that it is to oversee the demonized binary options, coming into effect from 3rd January 2018. The move came as part of a crackdown on binary options, which duped investors with almost Ā£60 million over the span of five years. […]