The Week’s Top Gaming News
How Blockchain Technology is Taking the Gambling Industry to a New Level
Gambling is one of the oldest traditions. In ancient times, people used different objects, like stones or shells, to play in the “casino.” In the 21st century, companies try to continue this tradition, and we can see a great variety of gambling arenas like casinos and bookmakers allowing users to place bets, earn bonuses and participate in prize drawings. Online gambling attracts the attention of gamers since they can win big cash without leaving their homes. But does it work in practice? And what are the risks?
3 New Operators Licensed to Join Sweden’s Regulated Market
FT Diva Casino’s license covers land-based commercial casino games, and Bell Casino is licensed to offer ship based gaming services. With these three new additions, Spelinpektionen has now licensed a total of 69 operators in the country. The liberalized, regulated gambling market officially opened on January 1, 2019.
Americans Show Overwhelming Support for Legal Sports Betting
US.- The American Gaming Association (AGA) released new research, which once again proves that a majority of Americans support the legalisation of sports betting after the US Supreme Court struck down the federal ban. A record 8-in-10 Americans support legalising sports betting in their states, the research shows.
Philippine Gaming Regulator’s Net Income Jumps 500% in 2018
The Philippine Amusement and Gaming Corporation (PAGCOR) reported income from gaming operations of PHP67.85 billion ($1.30 billion), and a net income of PHP31.49 billion ($604.41 million) for 2018. Compared to the agency’s 2017 audited figures, the latest results represent a significant increase, with net income rising 536.6% from P4.95 billion ($94.93 million) the year before, in part due to reduced expenses.
Italy’s Gambling Market Turnover Doubled Over Last 10 Years
Italy’s gambling market has doubled in size over the past 10 years, according to the results of a new market survey. This week saw independent research body Eurispes release its Italy 2019 Report, which claims overall Italian gambling turnover hit €101.8b in 2017, more than doubling 2008’s turnover of €47.5b and nearly seven times 2003’s €15.5b.