With the advent of technologies, more and more people started to talk about digital or virtual currency. Its most recognizable feature is that it is almost impossible to counterfeit. Although it is still not recognized as an official currency, Bitcoin and other cryptocurrencies are taxable. South Korea announced its plans […]
Author: Paul Brooks
Tech Company Monster Rolls Dice on Tribal Gaming to Crack into American Online Gambling
On Wednesday this week, the internationally-recognized manufacturer of high performance audio tech products Monster announced that it is the new software owner of PokerTribe.com, to be launched on 15th December or earlier. The website is expected to provide online gambling services to the residents of various U.S. states, where online […]
Millions Lost on Pokies in Queenslandās Fraser Coast
The gambling industry in Australia has been proliferating. A proof of that is the amount, which locals gamble away per month. Earlier this month, Casino Reports found out that Queensland broke any records regarding the amount of money they use to āfundā their gambling hobby. According to the latest updates, […]
Tasmanian Government Throws Legislative Punch at Synthetic Lotteries
Australiaās furious attack against the āsynthetic lotteriesā continues. Tasmanian Government is set to restrict betting on the outcome of state-run lotteries. Online lottery operators headed by Lottoland are accused of cannibalizing the national lotteries by hitting their profitability. This resulted in a great opposition by legislators from the different states, […]
Antigua and Barbuda Seeks Much-Needed Payout in Online Gambling Dispute with U.S.
Only a month after hurricane Irma struck Antigua and Barbuda and left the small Caribbean island to suffer damages which cost millions, the typhoon unlocked a years-long conflict between the small island nation and the U.S. government over online gambling. The conflict emanates from the crackdown on online gambling launched […]
Study Shows Queenslanders Gamble Away Tons of Money
The Australian state of Queensland is the record keeper when it comes to the most money used for gambling. As for July this year, it was reported that the local players spent almost $360 million on betting activities, which breaks any previous records. Figures reveal that a total amount of […]
Allegedly āMalfunctionedā Slot Machines Kill Peopleās Hopes
Slot machines started to grow in popularity with every passing day, and there is a good reason for that. Fueled by a desire for low-cost gambling entertainment and a thread of hope that some day the luck will be on their side, many people started to rhythmically press the spin […]
Colombia Regulator Issues License to Vicca Group and GAMING1 to Run Online Casino
Online casino and sports betting provider GAMING1 and local operator Vicca Group have joined forces to receive a casino and sportsbook license from Colombian regulator Coljuegos. This is the first license of its kind as it allows the provision of sports betting and casino games at the same time. The […]
Tinian Governor Gives the Nod to Online Gambling Bill
As Casino Reports announced towards the end of September, the Tinian and Aguiguan Legislative Delegation approved an amendment to the Tinian Casino Gaming Control Act of 1989. It aimed to regulate the constantly-growing online gambling industry across the island of Tinian, which is striving to prosper for years. The bill […]
Alabama State Court Shatters Gamblerās Hopes for Payout
Among one of the most-widespread conceptions related to casinos is that the house always comes out the winner at the end. That is not a surprise taking into account that casino is also a business, designed to bring profits to its owner. Usually, the house stacks the odds in its […]