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Category: Crypto Casinos
Are Crypto Exchanges The Same As Crypto Casinos?
In a post on X, Alex Leishman, CEO of River Financial, compared exchanges that deal in alternative coins to crypto casinos. He stated a multi-asset trading platform, “leads to the exchange becoming more like a
Sweepstakes Gaming Sites Exit New York
Users from a number of sweepstakes operators received messages this week informing that the sites will no longer be operating in New York. One of the industry leaders, PlayFame, sent a notice to customers that read, We
MGA Warns Players About Crypto Casinos Falsely Claiming Maltese Licenses
The Malta Gaming Authority (MGA) has published statements declaring that it has no connection to several unlicensed igaming websites based in Malaysia. The latest pair of statements issued on Thursday and Friday remind
Crypto Gambling Could Fade as Alberta Proposes iGaming Overhaul
Alberta lawmakers are bidding to bring more players into a legal system and add layers of consumer protection that were otherwise absent. Currently, the government is concerned about the prevalence of crypto casinos and
EGBA Report Shows European Gambling Market Surges to €123.4bn in 2024, Driven by Online Growth
According to a report published by the European Gaming and Betting Association (EGBA) and H2 Gambling Capital, the European gambling industry generated €123.4 billion in gross gaming revenue (GGR) in 2024. The report,
UKGC Cracks Down on Promotional Offers in Push for Safer Gambling
The United Kingdom gambling landscape is set to shift once more after the announcement of new UK Gambling Commission (UKGC) rules. The new measures look to overhaul how licensed gambling operators design and promote
Community Board Rejects Bally’s Bronx Casino in Heated Vote
A Community Board in the Bronx, New York, has voted against a proposed Bally’s casino and hotel complex. Community Board 10 cast a non-binding vote 29-5 against the proposal to rezone a portion of Ferry Point Park to
Online Gaming Drives Modest Growth in Denmark Gambling Market for February 2025
The gambling sector in Denmark reported a small 0.6% year-on-year increase in gross gaming revenue for February 2025. Data published by the national gambling regulator, Spillemyndigheden, shows that total GGR reached
Resorts World Las Vegas Faces $10.5M Fine for Nevada Anti-Money Laundering Failures, Will Companies Ever Understand Crypto?
The Nevada Gaming Control Board (NGCB) and Resorts World Las Vegas (RWLV) have agreed to a proposed $10.5 million settlement, the second largest in Nevada gaming’s history. The settlement comes after a regulatory
GambleAware Research Uncovers Higher Gambling Risks in People With ADHD and Autism
Neurodivergent individuals are twice as likely to experience gambling-related harms, new research by GambleAware shows. The research, conducted by IFF Research in partnership with the University of Bristol, found