Category: News

Police seize £1.25m in Bitcoin from gang member after house raid

Police discovered £1.25m in Bitcoin at a gang member’s home after it was reported that he had been kidnapped. Sergejs Teresko’s partner and members of the public raised the alarm after he was bundled into a car in Virginia Water, Surrey, in April last year. Police discovered the rented house from where he had vanished…

Could online gambling boost economies?

Since their introduction to the online space in the mid-90s, online casinos have only been growing. Although land casinos are still undisputed champions of the gambling industry, online casinos have been spreading like wildfire in recent years, becoming the preferred choice of many players. It’s far easier to sit from home and play a game…

Relax Gaming now live on EveryMatrix platform

Having scored several similar deals with other major gaming firms already this year, provider of comprehensive gaming solutions, Relax Gaming, has reportedly penned a content deal with leading iGaming software provider EveryMatrix that will see its latest table games content integrated into the London-based developer’s platform. The integration will make the content available to many…

Tycoon Stanley Ho retires: Macau’s ‘King of Gambling’

Macau gambling king Stanley Ho’s swashbuckling corporate deal-making style transformed Macau from a sleepy peninsula dotted with seedy, windowless gambling dens into the world’s biggest casino centre. One of Asia’s richest men, the flamboyant tycoon made his riches by smuggling luxury goods into China from Macau during World War II, before he secured the only…

Spanish online gambling and betting market poised to hit $1.22B by 2023

Online gambling and betting businesses in Spain are on track to becoming a billion-dollar industry, according to forecasts. An AFP report quoted consultancy firm Ficom Leisure, which said that Spain is now “on the radar of the international market” as it predicts the market’s annual online gambling and betting revenue to hit €1 billion (US$1.22…

Australia to ban gambling ads on live sports broadcasts

Televised live sporting matches in Australia will look differently by the end of the month as the “siren to siren” ban on gambling ads take effect. Mumbrella reported that the Australian Subscription Television and Radio Association (ASTRA) will implement new advertising rules on March 30, including the prohibition of all gambling ads during live sport…

UK online gambling providers scanned for withdrawal roadblocks

The UK’s competition watchdog has launched a probe into whether online gambling operators are making it too difficult for customers to withdraw their funds. On Thursday, the Competition and Markets Authority (CMA) announced that it had “launched enforcement action” against an unspecified number of UK-licensed online gambling operators “in respect of practices that may place…

Federal agents storm Westminster restaurants and seize illegal gambling equipment

Fourteen people were arrested early Wednesday morning, Feb. 21, during the execution of a search warrant at a suspected illegal gambling operation inside a restaurant in Westminster, police said. About 1:30 a.m., investigators conducted a search of the Cafe Picasso Restaurant in the 15600 block of Brookhurst Street. Investigators found at least two firearms and…

Financial Expert Who Predicted 2008 Crash Warns About Cryptocurrency Bubble

Nouriel Roubini, the economist credited with predicting the 2008 global financial crisis said a 12% fall in the value of bitcoin on Friday was the latest proof that the cryptocurrency was the biggest bubble in history and destined for a crash. Roubini, professor of economics at New York University, said bitcoin was “the mother of…