Mega Millions Jackpot Is Building Up Without A Winner in Sight

Mega Millions Jackpot Is Building Up Without A Winner in Sight

The Mega Millions jackpot has already exceeded $300 million. This is the third straight December for the jackpot prize to increase to $300+ million. Only 7 draws left There are only 7 draws left for December which could bestow a stack of $300 million in unclaimed cash to a lucky winner. The record benchmark for … Read moreMega Millions Jackpot Is Building Up Without A Winner in Sight

Illegal Forex Transfers Cost Chinabank Payments $4.2 Million

Illegal Forex Transfers Cost Chinabank Payments $4.2 Million

Transactions related to unauthorized gambling websites cost third-party payment processor a record $4.2 million in fines. The State Administration of Foreign Exchange imposed the fine on the company. A record fine or monitoring issues Chinabank Payments was fined by the authorities for its apparent lapse in monitoring activities. The company is a unit of JD.com, … Read moreIllegal Forex Transfers Cost Chinabank Payments $4.2 Million

Georgia Lawmakers Take Gambling Discussions to the Street

Georgia Lawmakers Take Gambling Discussions to the Street

Lawmakers in dozens of states across the US are pondering over the likelihood of starting gambling in their jurisdictions. While some states choose to hold a referendum, others are introducing new bills in their legislatures. Georgia lawmakers have found a unique way to incorporate the voices of citizens. They are taking the gambling discussions to the road, … Read moreGeorgia Lawmakers Take Gambling Discussions to the Street

Chinese Central Bank Planning New Measures to Crack down on Illegal Gambling

Chinese Central Bank Turns Its Attention to Online Gambling Sector, Plans a Clampdown

The People’s Bank of China (PBoC) is planning new measures to crack down on illegal gambling in the mainland. It will introduce a new Digital Currency Electronic Payment (DCEP), introducing a state-backed digital currency. The crypto coin will help the central bank monitor tax evasion, terrorist funding, and other cybercrimes. DCEP to end illegal gambling … Read moreChinese Central Bank Planning New Measures to Crack down on Illegal Gambling

NJ Online Sports Betting Generated 6 Times More Revenue Than On-Site 

Online sports betting generated almost six times more revenue than on-site sports wagering in October. This is according to data provided by the New Jersey Office of the Attorney General and released on November 14. Sports Wagering Handle Surges To Over $3.462 Billion As reported by the New Jersey Department of Law and Public Safety, … Read moreNJ Online Sports Betting Generated 6 Times More Revenue Than On-Site 

Spanish Online Gambling Sector Revenue Has Grown 270% Over The Last 5 Years

The Spanish online gambling market continues to grow despite a slowing Eurozone economy. Since 2014, the whole online gambling market revenue grew by 270% and it could continue expanding in the future reaching all-time highs. Spanish Online Gambling Market Revenue Surges According to data gathered by GoldenCasinoNews.com, the Spanish online gambling market continues to grow … Read moreSpanish Online Gambling Sector Revenue Has Grown 270% Over The Last 5 Years

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

Iowa Online Sports Betting Revenue Increased 500% Since August

According to data provided by GoldenCasinoNews.com, Iowa state’s online sports betting revenue increased by over 500% in three months after launching in August this year. This is a clear sign that the industry has space to grow and expand if clear regulations are set in place. Iowa Online Sports Betting Revenue Surges Our research, which … Read moreIowa Online Sports Betting Revenue Increased 500% Since August

Germany Set to Revise Its State Treaty for Gambling, Industry Creates Regulatory Wishlist

Deutsche Automatenwirtschaft (DAW), an organization representing gaming machine associations of Germany creates a new wish list for the German State Treaty for Gambling. The market is eyeing re-regulation and lawmakers are prepping to discuss the new rules of the policy. Note that the controversial gambling regulation will be rehashed on a European level, which may … Read moreGermany Set to Revise Its State Treaty for Gambling, Industry Creates Regulatory Wishlist