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 […]
Industry Reports
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 Pandoraâs 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 […]
Canada’s Land-Based Casino Landscape
Canada has been known for its liberal approach towards gambling, including casinos, horseracing tracks, and sports betting parlors. The worldâs casino business sees Canadaâs casino market as a goldmine. The potential for establishing a gambling facility in Canada attracted the attention of key international casino brands to set their sights […]
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 […]
Possible Effects of Sports Betting Legalization on The Stars Group
Currently, sports betting is prohibited in the US under the Professional and Amateur Sports Protection Act of 1992 (PASPA). The Act effectively outlawed sports betting on the territory of the country, except for the sports lotteries which have been allowed in the states of Delaware, Oregon and Montana. To date, […]
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 Boxesâ 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 âloot box“), which can be bought with real money. Purchases in video games that have a random result […]
Dragon Corp. Raises Half a Billion via ICO to Bring Afloat Cryptocurrency Casino in Macau
Modern technology has become an important part of today’s developed world. The omnipresence of computer technology is not just a myth, but the reality. Hence, it is inevitable for the new digital platforms to enter almost every aspect of life. Cryptocurrency has grown as a digital payment method some time […]
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 […]