Best Gambling Stocks to Buy In 2019

Best Gambling Stocks to Buy In 2019

If you thought it took a dapper suit and a pocketful of greenbacks with a ticket to Vegas to enjoy gambling, you are wrong. Over the years, gambling has “come home” to users with mobile gaming, attractive online slots and more. Instead of becoming a splurge, gambling has grown into a part of people’s lives. … Read moreBest Gambling Stocks to Buy In 2019

Offshore Gaming Operators Will Pay 5% Additional Tax in the Philippines

Offshore Gaming Operators Will Pay 5% Additional Tax in the Philippines

A new law could make offshore gaming operators in the Philippines pay a 5% additional tax on their gross gaming revenue. The move is being taken to counter China’s increasing dissatisfaction with Philippine firms targeting their citizens. New tax to be debated soon Philippine Offshore Gambling Operators (POGOs) have recently faced intense pressure from the … Read moreOffshore Gaming Operators Will Pay 5% Additional Tax in the Philippines

Nevada Gaming Control Board Addresses Harassment at Workplace

Nevada Gaming Control Board Addresses Harassment at Workplace

The Nevada Gaming Control Board accepted new amendments to decide which activities will give rise to disciplinary actions. The board’s measures are being seen as a response to sexual misconduct and harassment issues in the industry. It happened in 2018 About 2 years ago, former casino bigwig Steve Wynn faced sexual misconduct allegations that rattled … Read moreNevada Gaming Control Board Addresses Harassment at Workplace

US Gambling Market Could Balloon To $8 Billion By 2025

US Gambling Market Could Balloon To $8 Billion By 2025

Sports betting companies in the US and their investors are excited at the prospects of legalization. As more states are allowing legal sports wagering in their jurisdictions, the industry believes that the size of the US market will grow to $7 billion to $8 billion by 2025. Good times ahead During the NYC Sports Betting … Read moreUS Gambling Market Could Balloon To $8 Billion By 2025

China’s Fear of Gaming Addiction leads To a Curfew on Tencent

China’s Fear of Gaming Addiction leads To a Curfew on Tencent

The Chinese government announced an online gaming curfew of minors this week to help curb video game addiction in the country. The move is expected to hurt internet giant Tencent the hardest. Concerns related to gaming addiction The Chinese government has released new guidelines for all online gaming platforms in the country, which will disallow … Read moreChina’s Fear of Gaming Addiction leads To a Curfew on Tencent

Malta Gaming Authority (MGA) Releases New Guidelines Related to Brexit

Malta Gaming Authority (MGA) Releases New Guidelines Related to Brexit

The Malta Gaming Authority (MGA) recently released new guidelines for operators related to the UK’s exit from the EU. The regulator defined how regulators based in and out of Malta, with or without a license from the MGA, will operate. The effects of Brexit Though Brexit’s deadline is frequently pushed, the MGA can no longer … Read moreMalta Gaming Authority (MGA) Releases New Guidelines Related to Brexit

Two Casino Operators in Pennsylvania Fined by PA Gaming Regulation

Two Casino Operators in Pennsylvania Fined by PA Gaming Regulation

The Pennsylvania Gaming Control Board (PCGB) fined Downs Racing and Washington Trotting Association for regulatory violations. They approved the penalties during a recent meeting of the board. Why did the casinos receive fines? Downs Racing will now pay $110,000 for violating rules related to underage gambling. The regulator cited four incidents of people under 21 … Read moreTwo Casino Operators in Pennsylvania Fined by PA Gaming Regulation

Chinese Government Warns People of Fake Livestream Ads before Singles Day

Chinese Government Warns People of Fake Livestream Ads before Singles Day

As one of the biggest shopping festivals in the country called Singles Day is approaching, Beijing is warning people to beware of fake Livestream ads. The government is vigilant after a mishap on a Taobao seller’s Livestream. Broadcast watchdog issues warning On November 1, the Chinese broadcasting watchdog issued a notice to e-commerce platforms to … Read moreChinese Government Warns People of Fake Livestream Ads before Singles Day