Gaming News – Poker News.World https://www.pokernews.world Fri, 25 Mar 2022 09:31:05 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.7 https://www.pokernews.world/wp-content/uploads/2020/07/pokernews.world_favicon.png Gaming News – Poker News.World https://www.pokernews.world 32 32 Pros and Cons of Crypto Dice https://www.pokernews.world/pros-and-cons-of-crypto-dice/ https://www.pokernews.world/pros-and-cons-of-crypto-dice/#respond Fri, 25 Mar 2022 09:23:37 +0000 https://www.pokernews.world/?p=1601 Introduction – Crypto Dice

Crypto Dice is a game for people who love online gambling. It has become a massively popular category in crypto casinos. Also, online gambling has turned into one whole new gaming sensation. These types of games allow players to choose their peculiars, which helps for a much more customizable experience than other offline casino games. As crypto casinos have become online on a larger base and have opened the doors to dice games, from which casino to play also becomes difficult for players to choose. So in the upcoming composition, we will go through some of the important factors about how to choose a proper crypto dice site (online game).

How Does Crypto Dice Game Work?

If you have never played any games on crypto dice sites, you will find it very domineering. Alliances of all the games look different when played. The winning chances also differ from game to game and from person to person. But when understood properly, you will realize how easy crypto dice games are to play. 

 

Crypto games are very easy to play. The basic rules for these games are very simple. You bet on the number whether the dice will be either higher or lower than a predetermined number. You also get to choose which unevenness you play before you roll, with the risk followed by whether you win or lose.

 

The concept goes like, usually the house edge in Crypto dice games is low which means more money is being credited to your account balance. You can also play with high stakes if you would prefer and small amounts are preferable too. There are some skills involved too, basically, it is a game of luck.

Pros and Cons of Crypto Dice

Crypto dice is making great progress because it is safe when making transactions. Financial institutions such as banks are left outside so that the transactions are faster and the payout is quicker. That’s the vital role of cryptocurrency. This security offers another advantage. When you know that the transactions are secured, you will bet more and more amounts. This will be beneficial to high-rollers. Naturally, higher amounts also mean higher risk. If these kinds of strategies are played in one crypto dice game, then when played another one, all the tactics will be familiar. 

 

This faces no legal consequences because crypto dice are allowed to make deposits and also make payouts, whereas banks can refuse transactions to and from online casinos. After all, cryptocurrency is yet to be legalized in many countries.

 

As mentioned earlier, crypto is typically faster than other forms of payment methods. As we know cryptocurrencies are an emerging market, the time for the payments takes longer than expected. Few players have reported the issue- it takes around 15 minutes before they have access to their funds. 

 

Crypto can be sometimes unstable. This means that exchange rates can fluctuate on a larger basis. This can create a negative impression if you have bet on a big coin. On the other hand, it can also create a positive response, the amount can be received double. So there’s just as much chance that a move can work in your favor.

 

Withdrawals can take longer as compared to financial institutions like banks because some online casinos manually process crypto withdrawals for security reasons.  

Is Crypto Dice Regulated?

When the money is involved, make sure security becomes the main priority. When you choose crypto dice, always look at the security measures, like- the site is encrypted, it has SSL 128- bit encryption, two steps verification for the payments. These all things are to be kept in mind when you want to invest in crypto. An SSL 128 bit encryption system makes sure that your personal information and your financial information are protected when using any site. This protects when hackers try to hack a player’s account. Then a two-step verification helps one to have access to extra verification to their account. This is usually done by receiving an email, a text message, or any other authentication application. A proper payments system is also very important for payment purposes.

Benefits of Playing Crypto Dice

Withdrawing functionality from the cryptocurrency is made on a very intermediate level. It is also easy to deposit. A bet can be made, how your luck goes, you will be rewarded. So it all depends upon you. Whether you invest more or less, all the repercussions will be held to you, so there is no one to blame. 

Future Scope of Crypto Dice

As the market is emerging with crypto, online crypto dice games will also take place on the larger platform. Crypto dice games have been numerous changes to the games since they have entered the market, so the changes will often happen and players will invest their money and time both.

Bottom Line

Crypto dice games are easy to play and simple to understand. The rewards and strategies are attractive. The system is quite understandable.

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White Hat Gaming Establishes a New Casino Content Branch for the US https://www.pokernews.world/white-hat-gaming-establishes-a-new-casino-content-branch-for-the-us/ https://www.pokernews.world/white-hat-gaming-establishes-a-new-casino-content-branch-for-the-us/#respond Thu, 26 Aug 2021 11:38:08 +0000 https://www.pokernews.world/?p=1428 White Hat Gaming is a well-known gaming platform provider in Europe that has now announced its new casino content division. On Wednesday, White Hat Gaming announced its casino content division called White Hat Studios.

 

White Hat Studios will bring European RPG tables, jackpots, and lots to the American online casino market. The announcement for White Hat Studios comes on the heels of White Hat Gaming purchasing Blueprint Gaming’s catalog of American games and RGS around three weeks ago. 

 

But White Hat Studios will remain separate from White Hat Gaming’s primary PAM business. The White Hat Studios operational team will be led by experienced veterans who have worked with companies like NetEnt and Novomatic. 

 

White Hat Studio will start going live with some of its operators in the first three months of 2022. Then it will extend its market into Connecticut, Michigan, New Jersey, West Virginia, and Pennsylvania over the next year. 

 

Operators in these states who use White Hat Studio services will access particular operator branded slots and table games. There will also be many promotional incentives and specially created local slot and table game titles developed for US players. 

 

Chief Commercial Officer of White Hat Gaming, Andy Whitworth, said that White Hat Studios had received a very positive response from many operators. He said that the White Hat Studios team is very excited to bring Europe’s top gaming content supplier to the American market. 

 

White Hat Studio operators in the USA will offer their customers popular White Hat Gaming European titles like Ted and Eye of Horus and the famous European jackpot games. 

 

White Hat Studios is quickly trying to gain a share in the American market and become one of the most essential gaming platforms and gaming content suppliers on this side of the Atlantic.

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MegaSportsWorld Granted PAGCOR Approval To Go Online https://www.pokernews.world/megasportsworld-granted-pagcor-approval-to-go-online/ https://www.pokernews.world/megasportsworld-granted-pagcor-approval-to-go-online/#respond Mon, 16 Aug 2021 11:25:51 +0000 https://www.pokernews.world/?p=1422 MegaSportsWorld (MSW), a Filipino sports wagering provider, has obtained confirmation from gaming regulator PAGCOR to build an online gaming console to serve sports betting consumers across the country. The move is intended to boost gambling earnings, which have been hammered hard by the outbreak. However, more precautions are needed to make sure that the business is appropriately enforced as more gambling shifts online.

 

PAGCOR is considering additional options for international players in terms of facilitating more online betting. The commission intends to launch an online edition of cockfighting, a famous activity in the Philippines, aimed particularly at players from the United States.

 

The latest MSW platform enables clients to securely make sports betting from the comfort of home, despite COVID-19 having to suffocate the land-based gaming business across most of the Philippines, especially Metro Manila.

 

This will be the first moment in MSW’s 12-year history that the company is likely to give authenticated consumers a properly regulated online service in addition to its popular bricks-and-mortar offering.

 

Sports gambling operators, like everyone else, have been experiencing their fortunes dwindle as a result of various COVID-related obstacles, including substantial social shutdowns and prohibitions, but finally, everything has fallen into place with the approval to go online.

 

Universal Entertainment Corporation, which operates Okada and Tiger Resorts, has previously made the announcement. Jun Fujimoto, the company’s senior director, and chairman, stated that the company had wanted to expand into online sports gambling in the future, which has already happened.

 

PAGCOR also demands that the system be auditable and capable of prohibiting kids and prohibited individuals from participating.

 

Furthermore, the corporation’s platform must include features like anti-money trafficking procedures, gaming malpractices, and rules encouraging responsible gambling. The Filipino regulator, on the other hand, stated that the company must do testing and simulations of the system.

 

Three of the nation’s casino sites could apply for the upcoming PIGO (Game Owner in the Inner surface of the Philippines) license in Dec 2020, according to PAGCOR. This would enable companies to extend their web services to the marketplace. Although Okada Manila was one of the finalists, it is unclear whether clearance for online games entails a PIGO license as well.

 

The PAGCOR chief, Domingo, stated that casinos’ online gambling, which may be done via cellphones, is subject to tight protections. Only VIPs and authorized casino guests would be permitted to wager, and they will be vetted using facial recognition software, with Pagcor personnel stationed in casinos to oversee wagers, she explained.

No minors or blacklisted individuals will be allowed to participate. And this is just for the time being in the Philippines. We don’t want simply anyone betting; only those who can afford to do so are eligible.

Overall, this approval of going online will transform the fortunes of Philippine sports betting firms, especially their profit margins.

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Pragmatic Play Expand Partnership With Codere to Enter Spain and Colombia https://www.pokernews.world/pragmatic-play-expand-partnership-with-codere-to-enter-spain-and-colombia/ https://www.pokernews.world/pragmatic-play-expand-partnership-with-codere-to-enter-spain-and-colombia/#respond Tue, 10 Aug 2021 11:38:19 +0000 https://www.pokernews.world/?p=1418 Pragmatic Play and Codere have been tied up in a partnership for some time. The leading content provider is expanding the league to enter Spain and Columbia in the coming months.

 

With the move, Pragmatic Play is ensuring the development of its relationship with Codere. Currently, the ventures are working together to provide games in the Mexican market. After the companies establish the integration, players from the Spanish and Columbian markets can access slot offerings from Pragmatic Play. It will even bring the multiple award-winning Fruit Party 2, Sweet Bonanza, and Wolf Gold for the players.

 

Bhotesh Maheshwari, Pragmatic Play’s Vice President of Strategy and Operations, commented on the situation. According to Bhotesh, Pragmatic Play’s relationship with Codere has worked wonders in Mexico. Therefore, both companies are excited to expand the partnership and garner similar results in Spain and Colombia. In addition, Codere customers love Pragmatic Play’s products, and the team looks forward to continuing the operations.

 

Sarit Adania, Codere’s Casino Product Manager, talked about the development as well. As per Sarit, Pragmatic Playoffs esteemed slot games, and Codere’s audience already loves the products. Thus, the company is trying to enter two new regions and expand its proceedings. The development is pivotal for the partnership, and the Codere team is delighted to see how the collaboration benefits the Mexican and Spanish customers.

 

Pragmatic Plays is currently delivering five new slot games every month. However, it is not the limit of the content producer’s capabilities as it is also offering new Live Bingo and Casino games. Users can access Pragmatic Play’s multi-product portfolio via a single API. 

 

With the companies deciding to leverage their existing properties, the partnership is beneficial for everyone. 

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Following a Push From the Philippine Regulator, Online Gaming Operators Will See Uniform Tax Rules https://www.pokernews.world/following-a-push-from-the-philippine-regulator-online-gaming-operators-will-see-uniform-tax-rules/ https://www.pokernews.world/following-a-push-from-the-philippine-regulator-online-gaming-operators-will-see-uniform-tax-rules/#respond Mon, 02 Aug 2021 10:27:42 +0000 https://www.pokernews.world/?p=1399 The gaming regulator of the Philippines corroborated its take opposing the granting of additional benefits through initiatives. One that earmarked the online gaming firms located in special economic zones which are tax-shielded. The highlight was treating all the POGO’s or Philippine Offshore Gaming Operations uniformly. Andrea Domingo, the CEO of Philippine Amusement and Gaming Corp (Pagcor) chair stated how the online gaming industry requires a level playing field. One that the regulator is striving hard for. This is irrespective of the place of operation for each firm. The Philippine Daily Inquirer quoted her saying the same to be very special. This is where there would be no such demarcation under the government. The uniform application will be followed across all regulations, policies, and laws to be in effect. 

 

The statement by Domingo comes post reports of the stalling of the bill in Congress. The bill is in regards to the regulation of POGO’s which includes imposing a unified tax system. The primary reason cited for stalling the bill is lobbying. This is inclusive of the advantages concerning the tax restoration provisions across the special economic zones. Last February and June saw the House of Representatives and the Senate work on completing the POGO bill. A move that was stated to end the online gaming industry’s controversy on taxation. The adoption of the Senate version was agreed upon by the House of Leadership that would entail skipping the process of reconciliation. The move was to be carried out by the bicameral conference committee. The ratification of the POGO bill by Congress is due despite President Rodrigo Duterte and the House leader’s commitment to the same. A move that saw the categorization under immediate measures and certified the tax proposed for POGO’s. 

 

The POGO tax bill received support from Domingo. He stated the measure would see evaluation by the regulator and that the proposed tax scheme has been deciphered to solve the long-standing issue. The Senate version is supported by Domingo that aids in directing the revenues accrued for the public health care system. She quipped how this was a good measure for the gaming firms, the public, and the government. The Internal Revenue Bureau will impose a 5 percent tax upon enacting the law by the President. The tax will be levied across the offshore gaming licensees’ gross gaming receipts. At the same time, 25 percent tax is set to be imposed for the gross incomes of non-resident aliens working under the service providers of POGO. The offshore gambling licensees and service providers employed foreigners will be imposed a withholding tax of 25 percent. The mandate specifies the minimum final withholding tax for any taxable month to the tune of P12,500. 

 

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EPIC Risk Management and CSPPA Forges a Partnership With Entain to Spread Gaming Awareness https://www.pokernews.world/epic-risk-management-and-csppa-forges-a-partnership-with-entain-to-spread-gaming-awareness/ https://www.pokernews.world/epic-risk-management-and-csppa-forges-a-partnership-with-entain-to-spread-gaming-awareness/#respond Fri, 30 Jul 2021 12:33:34 +0000 https://www.pokernews.world/?p=1395 Initiatives have been introduced by sports betting and gambling operator Entain as listed by the London Stock Exchange. The sole purpose is to educate the public about the potential risks to gaming and esports players from Europe and the UK. The Entain Foundation, a not-for-profit wing of the company, is working closely in collaboration with several partners in this context. This includes EPIC Risk Management, a gambling harm consultancy followed by Kindbridge, a teletherapy firm, and the Counter-Strike Professional Players Association (CSPPA). 

 

Both CSPPA and EPIC Risk Management entities will be educating players about gaming disorders and online addiction experienced by gamblers. The collaboration with the community of victims of gaming disorder called the “Game Quitters” will see Entain Foundation and Kindbridge making an initiative named “Mind Your Game” across the UK. Several collectives from Coral, Foxy Bingo, Ladbrokes, to Eurobet are owned by Entain, which are well-known casino and sports betting brands.

 

Entain’s Safer Gaming and Regulation Director, Grainne Hurst, talked about how Entain’s business primarily focuses on customers. According to Hurst, knowing and understanding the needs of players, along with ensuring the customer’s protection, are a top priority. She added that sustainability is the way to go ahead, which forms the core of the approach for Entain. This is coupled with the deliverance of the highest standards of safety for players since long-term success is only achievable through guaranteeing protection at every possible level. 

 

The initiative titled “Mind Your Game” is designed to provide facts to players and the families concerned. It emphasizes the challenges related to mental health that gamers face. The initiative also focuses on strategies and tips for averting or reducing any potential harm.

 

The YouTube channel Game Quitters has several videos uploaded on their channel that cover topics related to skin gambling and esports betting.

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Sands, a Former Internet Gaming Rival, Aims to Be a “Strategic Investor” https://www.pokernews.world/sands-a-former-internet-gaming-rival-aims-to-be-a-strategic-investor/ https://www.pokernews.world/sands-a-former-internet-gaming-rival-aims-to-be-a-strategic-investor/#respond Wed, 14 Jul 2021 11:58:39 +0000 https://www.pokernews.world/?p=1356 Las Vegas Sands worked hard by opposing the legalization of online gambling in the United States, announced that it would enter an industry that its late billionaire founder Sheldon Adelson spent millions of dollars trying to stop. Las Vegas Sands has hired a seasoned investment expert who can lead the company’s efforts to break into the rapidly developing digital gaming technology industry, which is seen as the first step into a market that encompasses online casinos and sports betting.

 

Las Vegas Sands stated that it aims to turn into a “strategic investor” focusing on the business-to-business market. Presently, many states in the United States have legalized sports betting, with most of them providing online and mobile sports betting options. In five states, internet casino gaming is completely legal and available.

 

Nevada gaming rules only allow real money online poker, but state gaming regulators may modify as per the internet slot machines and table games gambling. According to the Nevada Gaming Control Board, mobile wagering accounts for 62 percent of all sports bets placed in May.

Interest in Internet Gaming

Las Vegas Sands initially hinted about internet gaming in late January, two weeks after Adelson’s death, but the company didn’t reveal anything until Monday. The firm was said to be in the process of purchasing an extensive sport betting or online gambling company. According to Chris Grove of Eilers & Krejcik Gaming, this move would create a rift after Las Vegas Sands’ appointment of Davis Catlin as a senior managing director.

 

Catlin worked for 14 years at Sands Capital Management, an investment business headquartered in Arlington, Virginia, not connected with Las Vegas Sands. According to the company’s website, Frank Sands, Sr., who died in March, started the firm in 1992 and handled more than $77 billion for customers. The decision comes after announcing the company’s Las Vegas gambling asset sale for $6.25 billion in March, including the Palazzo Resorts and Venetian, along with the Convention Center, Sands Expo, and the Sphere entertainment complex. 

 

The deal is scheduled to conclude by the end of the year, and Las Vegas Sands will become an Asian-focused casino operator with facilities in Macau and Singapore. On Monday, the Las Vegas CEO Rob Goldstein stated that an investment team managed by Catlin would “provide considerable possibilities of investments that will help the company with long-term benefits.”

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Relax Signs Spade Gaming as the Newest Recruit Powered by Relax https://www.pokernews.world/relax-signs-spade-gaming-as-the-newest-recruit-powered-by-relax/ https://www.pokernews.world/relax-signs-spade-gaming-as-the-newest-recruit-powered-by-relax/#respond Thu, 01 Jul 2021 11:23:30 +0000 https://www.pokernews.world/?p=1334 Relax Gaming, an igaming aggregator and original content provider, has signed a Powered By Relax collaboration agreement to integrate Spadegaming’s library of games. The platform-to-platform arrangement will give Spadegaming access to Relax’s tier-one opes, making it the latest game company to profit from the industry’s top distribution scheme.

 

Spadegaming’s collection of games is distinguished by the spirit of innovation, showcasing originality and cutting-edge technology with a well-deserved reputation as one of the Eastern-inspired industry’s top producers. In addition to broadening its horizons with this collaboration, the studio recently obtained a Malta Gaming Authority (MGA) licence, allowing it to increase its product and service offerings.

 

Spadegaming is the right partner for Relax and its operators because of its focus on technology and high-quality content. Their goods are well-known and well-liked by a diverse group of people, and the team looks forward to assisting them in expanding into new regulated markets.

 

The partnership expands Relax’s broad offering of high-quality games, which has witnessed significant expansion in recent months across several European countries.

 

The agreement demonstrates Powered By Relax’s value to the table for both studios and us, allowing content to be presented to the major operators unprecedentedly. We are excited to assist them in the next phase of their growth.

 

Now one of the industry’s top aggregators, Relax offers over 2,000 online casino games, ranging from its high-performing original slots to an extensive, diverse library of material from hand-picked third-party studios through its partnership programs.

 

Relax is motivated to make the finest games on the market, and it’s fantastic that so many new gamers will get to see what they’ve got to offer. The Powered by Relax program is precisely what they need to do that and advance as an igaming company to the next level. Spadegaming is also excited to see what this collaboration with Relax has in store for us.

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Court Challenges a Threat to Legislature Passed by Gaming Compact of Florida https://www.pokernews.world/court-challenges-a-threat-to-legislature-passed-by-gaming-compact-of-florida/ https://www.pokernews.world/court-challenges-a-threat-to-legislature-passed-by-gaming-compact-of-florida/#respond Mon, 14 Jun 2021 11:47:31 +0000 https://www.pokernews.world/?p=1298 A record move saw exclusive rights for operating sports betting across the state being granted to the Seminole Indian Tribe.

 

The 30-year deal was granted by the Florida legislature on the 19th of May 2021. The legislature saw dual-party support for the Tribal Gaming Compact, but uncertainties in terms of legal challenges have put a cloud over the future prospects. This is despite the move aimed at bringing in considerable revenues, the opponents in the fields of gambling might work their way at the state and federal levels. The agreement came into being with the State of Florida and the Seminole Tribe signing the compact. The governing body being the Indian Gaming Regulatory Act that authorizes gambling across the Indian lands. The federal law is attributed to the cause of the states and Indian tribe’s governing agreements. 

 

An Indian reservation is a mandate under IGRA (Indian Gaming Regulatory Act) norms which entails the allowance of gambling through compacts. The gaming compact between the state of Florida and the Seminole boasts of a few exclusivities. It grants users to place their sports bets digitally through phones. The users have the upper hand in terms of the locational aspect. They could be settled anywhere across the state of Florida and not necessarily be present in person at an off-site or an Indian reservation site. The added advantage being the processing of the caveat bets through Indian reservation-based computer servers. 

Voter Controlled Amendments in Gambling

Voter approval has been cited as a mandate for expansion plans of gambling in the state of Florida according to the constitutional amendment 3. The IGRA compacts for Indian tribes do not necessitate the voter approval sanction for operating gambling in casinos across the tribal lands. This enables the gambling that is proposed to be expanded to freely operate on Indian reservations without having to worry about the voters in Florida. There has been vocal disapproval related to the gaming compact, and one such anti-gambling group is the “No Casinos.” They have voiced their opinion on how the compact is a violation of the constitution of Florida due to the allowance of mobile betting. 

 

The arguments have been related to the physical presence of the person on tribal land placing the bets. The opponents have been spiraling the arguments against the compact in its expansion plans for gambling outside the vicinity of the tribal land. One that is a violation of the Florida Constitution unless it is voter controlled by Florida-based citizens. The supporters have their take on the gaming compact where they justify the presence of the person placing the bets. This is unrelated since the major data point is the computer servers that are listed for accepting the bets. This challenges the arguments against the compact since the placement of the servers across Indian land comply with the norms of the IGRA.

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Wynn Resorts President Craig Billings Steps Down https://www.pokernews.world/wynn-resorts-president-craig-billings-steps-down/ https://www.pokernews.world/wynn-resorts-president-craig-billings-steps-down/#respond Tue, 01 Jun 2021 13:42:05 +0000 https://www.pokernews.world/?p=1275 On Friday, May 28th, 2021, Wynn Resorts announced that their President Craig Billings had stepped down from his role. Billings resigned from his President position on May 24th, but he will continue to be the company’s chief financial advisor.

Billings decided to step down in order to take up a new role at Wynn Interactive. Billings has been appointed as the Chief Financial Advisor at Wynn Interactive. Wynn Interactive is an iGaming and online sports betting platform under Wynn Resorts.

Billings is a veteran in the world of casinos. He worked with casino equipment companies Aristocratic Leisure and NYX Gaming Group before joining Wynn Resorts in 2017. Billings had also served as Vice President of the Investment Banking division of Goldman Sachs in New York and London that dealt with the casino industry. 

Billing will now have a huge responsibility to manage the rapidly growing Wynn Interactive. Wynn Interactive is currently operating in the UK and 15 States of the United States with access to almost 51% of the US population. Future expansion plans will give Wynn Interactive access to nearly 77% of the US population to convert them into customers. 

Wynn Interactive has also recently completed a merger with Austerlitz Acquisition. This merger will take Wynn Interactive public on the NASDAQ. Billings is the first major appointment at Wynn Interactive since the merger.

The merger has not yet been approved by SPAC shareholders but once accepted. The combined, merged company will be valued at 3.2 billion. It will also have nearly 640$ cash to invest in expansion and modernization plans. 

Billings will get 10,000 shares of this combined company. Wynn Resorts will get a percentage of Billings’ previous salary from Wynn Interactive. Billings’ personal salary, though, will remain the same. Billings has also retained his position as executive director of Wynn Macau, a branch of Wynn Resorts, and his eligibility to earn an annual cash bonus from Wynn Resorts. Industry experts will keep a keen eye on Billings in the next few months to see if he succeeds in helping Wynn Interactive reach its full financial potential. 

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