Hits – Online Gambling News We didn’t have any news worthy storied for you last week, but make sure to check back regularly for the latest scoops in the online gambling industry. Folds – Online Gambling News Yay, there weren’t any bad news last week! (That’s because we didn’t have any news overall hehe.) Hits […]
Hits – Online Gambling News Warehousing Bill Looking to Introduce New Gambling Regulations Casino owners will no longer be able to store their cash in a warehouses (like some underground organizations do), but will have to report all of the money they make. Nah, I’m just kidding! The warehousing bill is about some regulation that […]
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Singapore Pools and Turf Club have been selected as the only two entities allowed to offer online gambling in Singapore. (Image credit: Asiaone) Government officials have decided to soften the ban on online gambling in Singapore in efforts to curtail ‘underground’ gambling activities. This comes merely two days after the Workers’ Party demanded the government […]
The connection between US politics and the gambling industry – ‘gambling politics’ – has never been stronger than at the present moment it seems, just as Americans prepare to elect a new president. (Image credit: The WSJ) The US casino industry generates approximately $40 billion in revenues every year, however until recently gambling was considered […]
Tax authorities in Spain are vying to cash in on the increasing operations of cryptocurrency mining from virtual currencies like bitcoin and altcoin. First off, in case you’re wondering ‘what the h*** does cryptocurrency mining mean?’ let us tell you from the get-go, it’s a process by which all the virtual currency transactions are recorded […]
New Jersey officials are aiming to implement tighter regulations for obtaining US casino licenses. (Image credit: Steves Peanuts the Squirrel) The ‘Warehousing’ bill – that was approved on by New Jersey’s Senate Budget and Appropriation Committee on Monday – would see a casino owner (license holder) disqualified for a period of five years if they […]
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Hits – Online Gambling News Is Bitcoin as Tangible as Real Currency? (Image credit: Crypto Scene) The answer to that question is an obvious ‘NO.’ But it’s definitely real – despite it being virtual currency – according to US Federal Judge Alison Nathan. ‘I told you homeboy u can’t touch this!’ should be the slogan […]
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