Author: Alina Tifain
United Kingdom Feb 10, 2022 09:55

MGM China Reports Slight Revenue Increase In 4Q21

Macau concessionaire MGM China saw net revenues rise 3% year-on-year and 9% sequentially to HK$2.45 billion (US$315 million) in the three months to 31 December 2021, although Adjusted EBITDA fell 88% to HK$89 million (US$11.4 million) due to a US$23 million bonus reversal in the prior year quarter and a US$13 million increase in bad […]

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Author: Alina Tifain
United Kingdom Feb 08, 2022 06:15

Simple Math Says Russia Could Collect Up To $13B In Crypto Tax Each Year

The analytic note mentioned that the estimates are purely an overview and based on a basic tax slab of 6%, which would be quite different once regulations are set in place. The Russian government is expected to collect up to 1 trillion rubles ($13 billion) in crypto tax each year, as per an estimation by […]

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Author: Editor
United Kingdom Jan 12, 2022 09:55

Fire Away: Galaxy Heroes Debuts NFT Marketplace for Heroes

It’s a Bird, It’s a Plane, No, it’s Galaxy Heroes. A superhero-based gaming and Non-Fungible Token (NFT) protocol built on Binance Smart Chain (BSC), has debut their Galaxy Heroes Coin‘s NFT marketplace where it opens up access for everyone who wants to mint and sell their NFTs. Brian Sumner, Founder and CEO of Galaxy Heroes, […]

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Author: Alina Tifain
United Kingdom Oct 01, 2021 06:25

Macau GGR Remains Subdued At MOP$5.88 Billion (US$733 Million) In September

  Macau recorded gross gaming revenue of MOP$5.88 billion (US$733 million) in September, up 32.4% compared with August but still significantly impacted by recent COVID-19 outbreaks in Macau and mainland China. According to information published by the Gaming Inspection and Coordination Bureau, the September GGR figure was 165.9% higher than in September 2020 although it was also […]

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Author: Alina Tifain
United Kingdom Oct 01, 2021 06:25

Value locked In DeFi Grows 936% In 1 Year, NFT Sector Strengthens: DappRadar

New research by analytics platform DappRadar has revealed the extent to which decentralized finance (DeFi) and nonfungible token (NFT) markets have grown this year. In its Thursday “Value Flow Report,” DappRadar reported that recent trends have seen sizable growth in NFTs and blockchain gaming but that DeFi is also still generating substantial value.“Although the value flows […]

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Author: Editor
United Kingdom Aug 30, 2021 03:17

World Series of Poker Announces Mandatory Vaccination Policy For All Players Ahead Of 2021 Series

The World Series of Poker has announced a new vaccination policy for this year’s series under which all players and any other attendees will be required to show proof of full vaccination against COVID-19 before entry. The policy, in place for the duration of this years’ series at the Rio All-Suite Hotel & Casino from 30 […]

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Author: Editor
United Kingdom Aug 30, 2021 03:17

Time2play Offers Streamers Twitch Alternative After Casino Links Ban

Online gaming review site Time2play has launched a new streaming platform and extended an invitation to casino streamers looking for an alternative to the streaming platform Twitch. Earlier this month, Twitch announced a ban on users from sharing links and referral codes to casino sites offering slots, roulette or dice games, which came into force on 17 […]

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Author: Editor
United Kingdom Aug 30, 2021 03:17

Vogue Brings NFTs To Fashion Magazines World

The Singaporean edition of international luxury fashion magazine Vogue is bringing non-fungible tokens (NFTs) to high-end fashion, featuring a QR code in its September issue that enables access to two digital covers created by fashion designers, which are available as NFTs. The first NFT cover that is featured in Vogue Singapore’s September edition, which arrived on newsstands […]

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Author: Editor
United Kingdom Aug 27, 2021 11:46

Cuba Set to Recognize Cryptocurrencies

The government of Cuba has announced it will recognize cryptocurrencies and regulate their use for payments on the Caribbean island. A resolution published in the Official Gazette said that the Banco Central de Cuba (BCC), the country’s central bank, will develop a set of rules for crypto, and define how to license providers of related services in the […]

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Author: Editor
United Kingdom Aug 27, 2021 11:46

Chat App Giant Line to Hand out its Link Crypto to E-pay Customers

The Japan-based chat app operator Line will offer customers handouts of its cryptoasset as a bonus when they make fiat payments using its e-pay platform. The new promotional drive comes six months after a Line and Yahoo Japan merger under the Z Holdings umbrella. The Z Holdings merger, first mooted in late 2019, saw the Line founder Naver, a South Korean internet giant, and SoftBank, the […]

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