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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 …
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, …
Crypto businesses are seeking access to the US Federal Reserve’s (FED) payments systems that legacy finance institutions use to move money around swiftly. However, in a bid to protect their privileged position in the US financial system, banks are protesting against providing crypto companies with such access. Some of the major crypto firms that aim to …
The Kazakh government is considering a three-pronged proposal designed to make crypto miners pay much more for operating in the country, which could make Kazakhstan less attractive to the industry. On Feb. 4, Kazakhstan’s First Vice Minister of Finance, Marat Sultangaziyev, proposed a price increase from $0.0023 per Kwh to $0.01 (around a 335% increase) specifically for …
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 …
“We’ll be working to figure out what crypto can do for Twitter, as well as what Twitter can do for crypto,” said team lead Tess Rinearson. Social media giant Twitter is expanding further into the crypto space by setting up a team to look into decentralized applications, cryptocurrencies and blockchain. According to a Wednesday tweet, …
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 …
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 …
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 …
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 …