Reading Time: 3 Min Image: Shutterstock Vietnam’s eight casinos reported an increase of revenue by 60 percent to $108 million from 2018 to 2019. The casinos in the country were legalized before March 2017 when the government launched a trial project that provided local casinos with an opportunity to offer services to the Vietnamese. The government only allowed foreigners to gamble in the casinos. The casino industry is booming in Asia before the pandemic. Macau beat Las Vegas as the leading gambling tourism destination in the world. Gambling tourism in other Asian nations is also blooming. J ..read more

Reading Time: 3 Min Image: Shutterstock Pragmatic Play secured its entry to the Brazilian market after signing a partnership with Betmon, an online gambling operator focused on Latin America. The casino content supplier is ready to launch its products in the Latin American country. Online gambling is rapidly spreading worldwide, and many companies are moving towards the expansion of their operations. Many companies aim at selling their products to new markets, and one of the best ways to reach the goal is by signing deals with local service providers. Pragmatic Play’s move will secure its pr ..read more

Reading Time: 3 Min Image: Shutterstock Macau is known as the largest gambling hub. It has the largest gambling industry in Asia, and its economy relies mainly on the industry. The Chinese special administrative region is one of the favorite destinations of people looking for an opportunity to gamble. However, the gambling industry in gambling meccas is slowing down because of many factors. The rise of online casinos is competing with the influence of land-based gambling. Experts believe that online gambling will surpass traditional casinos in the future. Casino gambling remains one of the m ..read more

Reading Time: 3 Min Image: Shutterstock The novel coronavirus drastically changed people’s lifestyles. Outdoor physical activities were limited because of the threat of the deadly virus to human lives. Travel restrictions caused people to stay in their homes and stick to what is available internet-related entertainment. PC gaming is one of the alternatives as land-based entertainment shuts down. The tech industry remained at high demand despite the impact of the novel coronavirus on the business sector. Food-service, online-retail stores, and other internet-based platforms saw growth during ..read more

Reading Time: 3 Min Image: Shutterstock Johan Graf, a 73-year-old butcher-turned-billionaire, is fighting all fronts for his Casino Empire built four decades ago. The novel coronavirus pandemic has shut down his company’s operations, Novomatic, as people stay away from land-based casinos. Aside from the massive decline in profit, his business faces charges of corruption, its chief executive resigned, and he needed to pay the debt of nearly 1 billion euros. Alois Woegerbauer, the head of 3 Banken-Generali Investment, a Linz, noted that the gambling industry is a delicate sector that faces sev ..read more

Reading Time: 3 Min Image: Shutterstock Online gambling is on the rise, as nations around the world change their perspective towards the industry. Decades ago, the industry was considered dangerous since it is prone to internet-related criminal activities such as digital theft and fraud. People’s outlook changed as verification and security technology develops. Developments in technology contributed to the growth of the industry. User verification technology, such as biometrics and AI, strengthened security n online gambling platforms. Mobile gaming increased in the last decade, as people ga ..read more

Reading Time: 3 Min Image: Shutterstock Online casino operations are rapidly spreading worldwide. Many companies emerged as the demand for the industry increased. The stay-at-home mandate of governments boosted the growing influence of online gambling around the globe. Online casinos have been around for quite some time, but its popularity increased when the land-based casinos were shut down to prevent the spread of the novel coronavirus. In the last two years, Canada’s online gambling industry rose 70 percent, placing the country at the top rank on the global online gambling market. The gro ..read more

Reading Time: 3 Min Image: Shutterstock Germany is scheduled to license online gambling by July next year. The country hoped to fully regulate the industry to protect the gambler’s interest, operators, and the state. The head approved the regulations to license online casinos next year of states during a Berlin meeting. The Glücksspielneuregulierungstaatsvertrag (GlüNeuRStv) expanded the iGaming market by allowing online poker and casinos to operate in the country. Currently, some online betting outlets operate in the country. The Deutsche Presse-Agentur (DPA) said a new regulatory authority ..read more

Reading Time: 3 Min Image: Shutterstock Online gambling in New Zealand rapidly grew over the past two years. New Zealanders spend massive amounts of cash on online gambling sites. International online casino sites grabbed the opportunity to exploit the high demand in the Oceanic country. Local online gambling operators also saw fast growth over the last two years. The rise of online gaming in the country is in line with the growth of the industry worldwide. Online gambling became the new trend, as the number of young people with smartphones increased. Innovations in technology contributed to ..read more

Reading Time: 3 Min Image: Shutterstock A newly-launched operator, Casino Days, signed an agreement with Playson, a casino software provider, to gain access to a range of popular games for its online casino platform. The partnership is part of the company’s goal of reaching a broader market. The gambling landscape is rapidly evolving towards the digital era. Companies around the globe are racing to reach global dominance. Mergers and acquisitions became the trend as companies seek to improve the services they offer. Casino operators are adapting to the fast-changing gambling market by signin ..read more