As the world has started to use digital platforms for almost everything, the currency has kept pace with the latest changes and it has adapted to the digital payment method. This gave a green light to the development of cryptocurrencies, which have exploded in popularity in the recent years. This […]
Author: Paul Brooks
France’s Financial Watchdog Throws Support Behind Highly-Controversial Initial Coin Offerings
Initial coin offerings (ICOs) has become a booming innovation within the financial sector. In its sense, initial coin offerings or token offerings is a means of fundraising for projects built on blockchain technology. But the release of every new technology causes some perplexity and controversy. Cryptocurrency is among the most […]
Pennsylvania’s Online Gambling Bill Moves Inches Closer to Passage
A bill aiming at legalizing online casinos and poker in Pennsylvania entered the state’s budget talks. The state’s officials suggested that the expansion of the gambling industry is to fill the gaping hole in the state’s $32-billion budget plan and put an end to the financial impasse. In the recent […]
LeoVegas Inks Acquisition Deal with Royal Panda Prompted by UK’s New Regulatory Regime
The gambling industry is highly competitive. For many companies, it is hard to stay afloat and they look for various ways to enhance their business unit and remain on the market. Pursuing this goal, more and more companies started to further expand their businesses through acquisition or merger deals. In […]
Israel Thumbs Up Bill to Prohibit Binary Options Betting
The world is getting smaller for thebinary options brokerage businesses as officials started to target shady binary betting practices. As it can be recalled, mere days ago Casino Reports found out that England has already started its war against binary betting scams. But it seems that it is not the […]
Philippine Officials Combat Dirty Casino Cash Flow with Tighter Anti-Money Laundering Law
Earlier this year, Philippine lawmakers voted in favor of proposed amendments to the country’s anti-money laundering law, extending its reach to the country’s proliferating gambling industry, including internet gambling operations and casinos on cruise ships. On Friday last week, it became clear that the new anti-money laundering framework titled Implementing […]
London Police Bust Scam Binary Option Brokers
City of London police warned that more and more UK consumers have become victims of binary options investment scams. The police disclosed that people have lost almost £60 million on binary options trading since 2012. To weed out these binary options frauds, the UK police raided 20 offices as part […]
Educational Video on Slot Machines’ Sneaky Tricks Keeps Novice Players Awake from Gambling “Trance”
Gambling is a business like any other, which is designed to bring financial profits to the owners. It is a widespread concept that the house never loses and that is the truth. From the lightening to the color of the walls and the air-freshener, everything is carefully chosen to keep […]
Video Gambling Claims Lion’s Share of Illinois’ Market Revenue
Illinois gambling industry closed out the 2017 fiscal year on 30th June, as video gambling gave a boost to the total state’s gaming revenue. According to new statistics from the state legislature’s Commission on Government Forecasting and Accountability, Illinois enjoyed a record profit from video gambling, which accounted for $296 […]
Australia’s Maroondah to Put Cap on Poker Machines
Australian casino industry has been thriving for years and the rate of players has been constantly increasing. According to the latest updates on the gambling activity throughout the country, the residents of Maroondah have gambled away more than $65 million in one year on poker machines operating in the region. […]