Crypto casinos are online casinos that enable cryptocurrency transactions—at these casinos, cryptocurrencies are one of the preferred means of payment.
There are also casinos that support transactions involving both cryptocurrencies and fiat currencies. Such casinos are called hybrid online casinos. However, traditional…
According to channel checks, the casino gross gaming revenue (GGR) in Macau for the initial week of August was down by 48 percent from the previous week, according to stockbroker Sanford C. Bernstein Ltd in Hong Kong.
The average daily GGR for…
Macau casinos are over 600 miles south of Henan province and its main city, Zhengzhou, where floods and torrential rains are still wreaking havoc. However, the six commercial gambling companies are still contributing to relief.
Some 33 people have died as a…
The global gambling market is facing radical changes and growth. Amid the modifications, the South Korean casino Grand Korea Leisure Company Ltd. recently reported a surge in its monthly revenue. The casino operator garnered over 13.1 million dollars in June, showing over…
With the decision to ramp up the supervision, the world’s largest casino hub of Macau will restructure its casino regulator by doubling its gaming inspectors from 192 to 459 by forming a new director-level position. As per the statement given by the…
A lender has submitted a securities filing at the South Shore Holdings Limited, Hong Kong Stock Exchange for repayment of their HK $3.28 billion due. The filing did not specify which lender had raised it, but the market view is that the…
Leading iGaming operator brand in South Korea offering foreigner-only casino services, the Grand Korea Leisure Co Ltd (GKL) has announced the extension of the closure period for its multiple venues located across the country. The entity will not facilitate public access to…
The past days haven’t been hopeful for casino junket operators. The Standing Committee of China’s National People’s Congress law of China has given its approval for a number of amendments to the country’s; one including the activities for casino junket operators as…
Macau, famously known as Las Vegas of the East, plans to host its own CES——a gala tech fair held annually in Las Vegas, USA. According to sources, Lu Gang, founder of TechNode, has partnered with Jason Ho, a member of CPPCC Beijing,…
The third-largest economy in the world, Japan, is introducing many efficient policies and measures in response to the COVID-19 pandemic, which led to a nationwide economic slowdown. Setting up a casino resort sector is one such move by the Japanese government.
In…