By Grant Mahon Investors Counting Losses as Tron Casino dApp DisappearsApril 25, 2019 A Tron casino decentralized application (dApp) known as DooTron has recently pulled an abrupt disappearing act over the last week. There was absolutely no sign that this would happen as the decentralized application even launched Shoot, its second game, that also issued a second token to the investors and its s. To make it worse, […]
By Alexander Palmer Macau Sees 6 Percent Increase in Gaming Tax Revenue in Q1 of 2019April 24, 2019 While gaming activity in Macau took a bit of a dive in the first three months of 2019, tax revenue collected by the authorities did not. The region’s Financial Service Bureau reports that the city collected more than $3.67 million in tax revenue from the thriving gambling industry in the first quarter of the year. […]
By Elaine West China Introduces New Gaming Rules, Bans PokerApril 23, 2019 Several months ago, the Chinese government reportedly stopped accepting new games licensing submissions due to the overwhelming number of applications it was receiving at the time. While it was not surprising that the there was an overwhelming number of applications for the gaming licenses (after all, the country remains to be the largest global market […]
By Tomas Medon Preparations for Zurich iGaming Conference in Full ThrottleApril 23, 2019 The very first Zurich iGaming Conference is scheduled to go down on June 21, 2019. The event which will be coming just a couple of months after the Prague iGaming d Conference that was held in the Czech capital on April 18. Smile-Expo, the event organizer has also recently announced that the next iGaming […]
By Tomas Medon Louisiana Considering More Gambling Expansion to Boost TaxesApril 21, 2019 Close to three decades ago, lawmakers in Louisiana turned to gambling in an effort to replenish state revenues that had been previously devastated by the oil bust of the late 90s. So, for a better part of the first half of the 90s, the state gave the green light for a state lottery, 15 riverboat […]
By Tomas Medon Pennsylvania Mini Casino Headed for Amish CountryApril 19, 2019 Since the Keystone State’s lawmakers signed a gambling expansion bill into law in October 2017, the state has been able to quickly expands its gaming offerings to include a number of amazing products including online lotteries, online gaming, sports betting as well as the approval of a total of 10 satellite casino licenses. So, far […]
By Ameana Jones Are Skill-Based Slot Machines About to Go Viral?April 19, 2019 Slot machines have always been some of the most lucrative businesses for casino operators in the United States, Europe and many other parts of the world. In fact, in Europe and America, revenue from the one-arm bandits usually for close to two-thirds of the total taking of most casinos and the gaming industries as […]
By Tomas Medon Casino Profits Reduce as Atlantic City Gaming Revenue RisesApril 17, 2019 New Jersey’s Division of Gaming Enforcement (DGE) recently released the gross gaming revenue figures for the month of March. In most part, the reported figures were quite impressive with the total gaming revenue totaling to $293.96 million which represents a 34.5 percent increase from what was recorded over the same month last year. However, as […]
By Ameana Jones Wynn Resorts Backs Out of Takeover Deal with Aussie OperatorApril 11, 2019 Crown Resorts, one of the largest Australian casino operators recently issued a statement that Wynn Resorts had proposed a multi-billion-dollar takeover to the company. This took a rather unexpected turn when just a few hours after the announcement, Wynn Resorts released a contradictory statement that said that the proposed deal was now dead. “Following the […]
By Ameana Jones Two Arkansas Racetracks Reopen as Full-Scale CasinosApril 6, 2019 In November 2018, Arkansas was one of the states that were voting in favor in of gambling expansion. Earlier this week, the state officially ed the list of states in the US where commercial casino gambling is legal and available to the residents. Marking this historical moment was the relaunch of Arkansas racetracks as full-fledged […]