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 […]
Industry Reports
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 £60 million over the span of five years. […]
Bet365’s Founder Denise Coates Earns Millions while Gambling Responsible Programs Remain Underfunded
Major UK gambling operator bet365’s co-founder and chief executive officer Denise Coates is one of the best-paid bosses in all United Kingdom. According to media reports, Ms. Coates was paid the staggering amount of almost £200 million and £18m in dividends for the previous year. According to the company’s latest […]
Europe’s Most Popular Value Investor Equates Bitcoin to Gambling
At an investing conference in Bilbao, Spain’s most popular fund manager Francisco García Paramés compared bitcoin buying with gambling. In fact, his comparison sounds pretty accurate as trading is based on making probability-related predictions. Bitcoin’s price fluctuates, which means that buying bitcoin may turn out to be a really good […]
Upcoming Carbon-Neutral Green Chia to Rival Thriving Bitcoin
Mining bitcoins appears to be an energy-intensive activity. Last week, Casino Reports found out that bitcoin uses so much power that the electricity used per transaction would be enough to power a whole American house for almost a month. Hence, bitcoins have a negative environmental effect. The remarkable high energy […]
Keno Games Sail through Most of New Hampshire’s Communities
Manchester residents have decided that Ms. Joyce Craig is to take the oath of the office of the mayor. She has become the first woman to hold the office, winning 9 wards out of 12 in total. In the meanwhile, Keno’s future was at stake. The electronic gambling game “Keno603” […]
Legality of Online Gambling in the United States: Overview
Online gambling has evolved into a multi-billion dollar industry, which attracts the attention of a great number of people. Players do not need to leave the comfort of their homes in order to enjoy their gambling hobby, as they can reach a whole assortment of casino games at a click […]
UK Gambling Commission Fines Gala Interactive £2.3 Million for Failing to Protect Problem Gamblers
The British casino and bingo operator Gala Interactive will have to pay £2.3 million fine after it appeared on the radar screen of the UK Gambling Commission (UKGC) for allegedly failing to follow the regulator’s established framework for the socially responsible provision of gambling services. Earlier this year, UKGC warned […]
Mining Bitcoin Consumes More Power Than Nigeria
Bitcoin technology has appeared on the scene as a convenient method to send and receive money. But as people say there is no such thing as a free lunch. Bitcoin makes no exception to the rule. Bitcoin miners are using big quantities of power in the process of creating bitcoins. […]
Blockchain’s Implementation Should Happen Gradually, Nasdaq Official Says
In the recent years, blockchain has started to create a buzz as it laid the foundations for the digital payment methods. The innovative technology is a software platform for digital assets. Blockchain has been accepted with great controversy among people and officials, but it seems that the technology started to […]