There is excitement in the air as Vietnamese casino operators celebrate gains from 2019. It also permitted revenue generated from gambling to contribute to the state’s treasury. The Ministry of finance released reports showing income records from 8 different casinos running within the country last week. Within them, it could be seen that VND 2.5t (USD 107.4m) was generated in 2019. From this, VND1.3t was added to the country’s budget. Gambling is still illegal in most Vietnam cases, although foreigners
Many pubs and bars in South Africa have run dry since the selling of alcohol was banned. However, some of these bars have survived through other means, such as taking advantage of the legal slotting machines. Most bars with slot machines have been able to continue operating, and make some profits by keeping the slotting machines open for gamblers. Despite banning the sale of alcohol, these bars still serve the players with soft drinks and other refreshments as they play
In the last couple of years, India's gaming industry has been experiencing rapid growth. The country has become a haven for online casinos and sports betting companies. As Indians have developed a habit of playing online games, particularly gambling and casino games, the market has been expanding at a very unexpected place. This is as a result of a high rise in the number of players in the last decade. In 2019, India's online gaming industry had valued 62 Billion
Casino operator, Boyd Gaming, which partners with sportsbook operator FanDuel in its regional casinos, has announced the signing of a long term sports betting technology agreement with International Game Technology. Through this deal, IGT will be providing its sports platform for Boyd Gaming’s retail sportsbook in Nevada, which will be another addition to its online sports betting, online casinos, and sports app in Nevada. Besides, Boyd Gaming is also aiming to deploy Playsports kiosks all over its Nevada venues. The
No doubt, Colombians have long awaited the reopening of casinos. According to IGamingBusiness, the Colombia Ministry of Health approved the reopening of casino and bingo halls within the jurisdiction. However, to forestall the spread of the COVID-19 pandemic, these casinos and bingo halls must comply with strict health and safety measures. Consequently, before the approval was made in July, the Ministry also approved a pilot program. The pilot program authorized the local municipalities to approve venues suitable for reopening. Meanwhile,
The casinos and horse tracks in New Jersey won a total of $264.5 million in July after reopening. These figures were recorded in the CoronaVirus outbreak, a figure that went down by 21% compared to what was recorded a year ago. However, this comes as a relief to the gambling industry after several months of inactivity. Recent figures produced by the state Division of Gaming Enforcement are reflections of the first month of operation. This is besides being allowed to
No Casinos Allowed in Bo-Kaap Bo-Kaap means “above the Cape” in Afrikaans. It is located in Cape Town. It was previously called the Malay Quarter, a former township. Residents of the area are mostly Muslim, and they took up arms this week in response to news that there was a casino applying to open within the community. This protest was triggered by notice within the provincial gazette that online casino South Africa - ClevaBets had submitted an application for a
In Germany, the iGaming scene is undergoing several changes, and they are expected to be some big ones in the coming years. There are strict limits to be implemented on how much people can stake online. This has caused the iGaming industry to consider the wisdom of operating within the country seriously. Issues of what constitutes an approved license have also cropped up. The state of Schleswig-Holstein has been very welcoming to the best online gambling operators. However, the insistence
The scheduled reopening of casinos in the UK on August 1 has been postponed for at least another two weeks. This move comes in the wake of the UK government tightening restrictions in most parts of Northern England. In the UK, casinos have remained closed since March 23, and this postponement comes as a result of increased outbreaks of the Corona Virus in parts of East Lancashire, Great Manchester, and West Yorkshire. The Betting and Gaming Council in the UK
According to iGamingBusiness, 888 holdings have agreed on a deal with Pragmatic Play to launch their slot and live casino games. No doubt, this is great news for online gamblers. In case you don't know, 888 Holdings is a top brand as far as gambling and entertainment are concerned. On the other hand, Pragmatic Play is also a leading software provider in the gaming market. It’s clear that both companies are a match for each other. Reacting to the news
About 10 years ago, the first secure online gambling site was established. As a matter of fact, this paved the way for the high number of online gambling sites in existence on the Internet. According to HowStuffWorks, the first online gambling website was established in the mid-1990s. InterCasino, the first online gambling website, was situated in Antigua and was established in August 1996. At that time, InterCasino had about 18 games. Currently, online gambling has grown, and there are thousands
Gambling statistics from across the globe shows that about 26% of the world’s population gamble. We know that most things in life are gambles, but in this case, we are addressing it from the more limited scope. This figure suggests that 1.6 billion out of 7 billion human inhabitants on the earth gamble. Even more outstanding is the 4.2 billion which try their luck with real money at least once a year. When money is involved, there are always people
Casinos have quickly become one of the most lucrative businesses anyone can venture into. The industry is currently on a sharp rise, and venturing into it could yield more profits than venturing into some of the popular industries like the IT sector, the stock market, or trust funds. Over the past years, the gambling industry has massively contributed to most countries’ national budgets. This has led to more countries looking to embrace this industry in a bid to increase their
According to Reuters, casinos in SA reopening after 3 months is a huge relief for the gambling industry. The COVID-19 pandemics put a stop to so many activities, including casinos. Just like every other country, the South Africa casino industry was also affected. Casino companies like Tsogo Sun Gaming and so many others lost billions of rands. However, the government has eased down the measures taken to curb the pandemic. One of such measures includes providing guidelines that the casino
Sun International is one of the biggest Casinos in South Africa and has branches spread across the country in 8 provinces. From GrandWest and Time square to Sibaya, the Boardwalk, Sun City, and beyond, you can access a wide range of table games and slots at their South African casinos. Sun International Casino’s table games normally use value chips that players can purchase from each table or at the Cash Desk. Players can also enjoy slot machines that come with
Changes within the gaming industry have been occurring very speedily in recent years as the internet continues growing. Checking out the end of year reports and predictions of the industry from a global perspective usually presents bold forecasts and intriguing numbers. However, they can be frustrating for those interested in the economic trends of the African gaming industry as it is usually excluded. According to Research and Markets forecast, the gaming industry as a whole is expected to see a
The gambling sector in the UK has recently come under scrutiny due to various reasons. Just recently, an influential group of MPs has called on the government to review the gambling legislation in the UK. In addition, they have also proposed various measures aimed at introducing strict measures in the gambling sector. They also talked about the importance of safe casino sites. The parliamentary group has come up with some suggestions like banning online and TV gambling adverts that will
Swedish developer, NetEnt has recently entered into a new partnership with Gibraltar-based 888 Holdings PLC in a move aimed at adding a whole new range of casino games to its already existing rich menu. Under this new partnership, 888 Holdings PLC aims to host a variety of new games that will come loaded with premium features, including professional dealers, customization options, and multiple camera views. These games will be built by NetEnt. The main aim of this partnership is to
The Big Apple has seen its first sports bets! The state has recently joined others that are legalising sports betting. On July 16, the first bet was placed in the city. What is New York doing with its new industry and what can it mean for South Africa? Read to find out.
This morning Kenya’s relationships with the betting industry have finally reached a boiling point. The president gives bettors 48 hours to withdraw the money. Once that time is out, the industry will be effectively shut down. How did that happen and what implications does it have? You’ll learn about that in the article. Kenya’s gambling problem Kenya’s bit gambling problem has been in the spotlight of the mainstream media for years. Since 2017, it’s been covered by multiple news outlets
