The Prometheus League
Breaking News and Updates
- Abolition Of Work
- Ai
- Alt-right
- Alternative Medicine
- Antifa
- Artificial General Intelligence
- Artificial Intelligence
- Artificial Super Intelligence
- Ascension
- Astronomy
- Atheism
- Atheist
- Atlas Shrugged
- Automation
- Ayn Rand
- Bahamas
- Bankruptcy
- Basic Income Guarantee
- Big Tech
- Bitcoin
- Black Lives Matter
- Blackjack
- Boca Chica Texas
- Brexit
- Caribbean
- Casino
- Casino Affiliate
- Cbd Oil
- Censorship
- Cf
- Chess Engines
- Childfree
- Cloning
- Cloud Computing
- Conscious Evolution
- Corona Virus
- Cosmic Heaven
- Covid-19
- Cryonics
- Cryptocurrency
- Cyberpunk
- Darwinism
- Democrat
- Designer Babies
- DNA
- Donald Trump
- Eczema
- Elon Musk
- Entheogens
- Ethical Egoism
- Eugenic Concepts
- Eugenics
- Euthanasia
- Evolution
- Extropian
- Extropianism
- Extropy
- Fake News
- Federalism
- Federalist
- Fifth Amendment
- Fifth Amendment
- Financial Independence
- First Amendment
- Fiscal Freedom
- Food Supplements
- Fourth Amendment
- Fourth Amendment
- Free Speech
- Freedom
- Freedom of Speech
- Futurism
- Futurist
- Gambling
- Gene Medicine
- Genetic Engineering
- Genome
- Germ Warfare
- Golden Rule
- Government Oppression
- Hedonism
- High Seas
- History
- Hubble Telescope
- Human Genetic Engineering
- Human Genetics
- Human Immortality
- Human Longevity
- Illuminati
- Immortality
- Immortality Medicine
- Intentional Communities
- Jacinda Ardern
- Jitsi
- Jordan Peterson
- Las Vegas
- Liberal
- Libertarian
- Libertarianism
- Liberty
- Life Extension
- Macau
- Marie Byrd Land
- Mars
- Mars Colonization
- Mars Colony
- Memetics
- Micronations
- Mind Uploading
- Minerva Reefs
- Modern Satanism
- Moon Colonization
- Nanotech
- National Vanguard
- NATO
- Neo-eugenics
- Neurohacking
- Neurotechnology
- New Utopia
- New Zealand
- Nihilism
- Nootropics
- NSA
- Oceania
- Offshore
- Olympics
- Online Casino
- Online Gambling
- Pantheism
- Personal Empowerment
- Poker
- Political Correctness
- Politically Incorrect
- Polygamy
- Populism
- Post Human
- Post Humanism
- Posthuman
- Posthumanism
- Private Islands
- Progress
- Proud Boys
- Psoriasis
- Psychedelics
- Putin
- Quantum Computing
- Quantum Physics
- Rationalism
- Republican
- Resource Based Economy
- Robotics
- Rockall
- Ron Paul
- Roulette
- Russia
- Sealand
- Seasteading
- Second Amendment
- Second Amendment
- Seychelles
- Singularitarianism
- Singularity
- Socio-economic Collapse
- Space Exploration
- Space Station
- Space Travel
- Spacex
- Sports Betting
- Sportsbook
- Superintelligence
- Survivalism
- Talmud
- Technology
- Teilhard De Charden
- Terraforming Mars
- The Singularity
- Tms
- Tor Browser
- Trance
- Transhuman
- Transhuman News
- Transhumanism
- Transhumanist
- Transtopian
- Transtopianism
- Ukraine
- Uncategorized
- Vaping
- Victimless Crimes
- Virtual Reality
- Wage Slavery
- War On Drugs
- Waveland
- Ww3
- Yahoo
- Zeitgeist Movement
-
Prometheism
-
Forbidden Fruit
-
The Evolutionary Perspective
Monthly Archives: June 2022
Betway Casino Partnership with Playtech to Propel Argentina’s Online Gambling Segment – Casino.Org News
Posted: June 22, 2022 at 11:38 am
Posted on: June 22, 2022, 07:32h.
Last updated on: June 22, 2022, 07:32h.
Last month, online gaming operator Betway added Playtech to its Betway Casino portfolio. As a result, players gained access to live dealer gaming options, which will prove especially beneficial for Argentina.
The online gambling industry is one of the new additions to Argentinas economy. Since the beginning of the COVID-19 pandemic, most provinces, as well as the City of Buenos Aires, have drafted legislation to regulate the service. As a result, the country became an instant target for international operators.
Among them is Betway, which obtained its license to operate in the city of Buenos Aires last year. Since then, it has established itself as a leading operator. Now, as it features live games from Playtech, its likely the countrys online gaming segment will gain more ground, more rapidly.
With this addition to the catalog, Betway is serving, in a way, as a catalyst for innovation in Argentinas online gambling ecosystem. Through the inclusion of live dealer options, other operators have to respond in kind in order to remain competitive.
Betway, part of Super Group, has a large global footprint. Its headquarters are in Malta, but it maintains offices in London and the Isle of Man, as well as other locations. In addition to the UK and Malta, Betway holds European online gaming licenses in Spain, Sweden, Denmark, Italy, Belgium and Ireland.
In Argentina, it operates mainly thanks to the license issued by Lotteries of Buenos Aires (LOTBA, for its Spanish acronym). This certification began last year, when the Buenos Aires legislature approved the online gambling law. Since then, Betway and others operate under a formal framework in the country.
This implies a strong tax revenue for the state, as gambling companies have one of the highest tax rates in the economy. Theyre about to increase, as well, after Argentina recently announced new taxes for the industry.
Betway accounted for over half of Super Groups revenues in the first quarter of the year. Its revenue increased by 20.0% year on year to $187 million.
The Latin American gaming market has a lot of catching up to do. Geographically, North America was Super Groups largest market. It brought in $150.5 million, up 1.4%. Asia and the Pacific were next with $79.2 million. This is a 16.6% rise, with $55.3 million coming from Betway.
Africa and the Middle East revenues increased 54.3% to $65.1 million, while Europe revenue fell 29.7% to $32.7 million. These totals came almost entirely from Betway.
Latin American revenue increased 7.8% to $6.9 million; Betway brought in $3.3 million of that total. In addition, online casino activity generated $204.5 million in product sales, 2.9% more than the first quarter.
Betway brought in an additional $109.5 million from sports betting, up by 30.4%. It also earned an additional $19.9 million from licensing its brand and $597,000 in other income.
Super Group also had to incur significant non-operating expenses when going public. These included $126.3 million in share listing costs, $29.4 million change in fair valuation of warrant liabilities and $24.4 million change in fair valuation of earnout payouts.
Betway just teamed up with Pragmatic Play, its latest partner, to add live content and slot machines. Over time, this will help strengthen its operations in Argentina, and perhaps all of Latin America, as the region continues to expand its online gambling footprint.
Read the original post:
Posted in Gambling
Comments Off on Betway Casino Partnership with Playtech to Propel Argentina’s Online Gambling Segment – Casino.Org News
Virginia lawmakers close sports gambling loophole that was limiting tax revenue – GoDanRiver.com
Posted: at 11:38 am
The new Virginia state budget, which will go into effect on July 1, closes a loophole that allowed sports betting operators to avoid paying millions of dollars in taxes over the first year and a half of legal wagering in the state.
The issue was raised in a front-page story in The Times-Dispatch on May 2, which showed that sports betting companies were allowed to deduct certain promotional expenses from their pre-tax revenues. Among those expenses are "free bets" offered to players to entice them to sign up or continue gambling.
Those freebies ultimately negated as much as 43.7% of the revenue Virginias government could tax, or a potential $26.7 million in collected tax revenue.
As a result, of the 12 companies currently taking sports bets in the state, only five have paid any taxes since launching.
People are also reading
Del. Mark Sickles, D-Fairfax, was an early champion of eliminating the tax break, and was ultimately able to get it written into the new state budget.
The revised legislation allows companies to deduce promotional incentives for the first 12 months in the market, but after that requires all such revenues to be reported and taxed.
The four largest betting companies in Virginia FanDuel, DraftKings, BetMGM and Caesars have all been live for more than a year.
Meanwhile, Virginia's sports betting market continues to be robust. The Virginia Lottery, which regulates companies offering legal betting, is expected to report next week that the state has now taken $5 billion in sports wagers.
The most recently available data showed just how much of an impact closing the loophole will have.
Virginia has taken $4.98 billion in sports bets, with the operators "holding," or winning, 8.5% of that money.
That has led to the state collecting $29.8 million in tax revenue over that time.
Tennessee has taken $4.405 billion in sports bets, with the operators holding 8.6% of that money.
That has led to the state collecting $62.8 million in tax revenue over that time.
The original logic was that allowing promotional expenses to be written off would help build up the betting market faster. However, other states, including New York, have launched to eye-popping numbers without allowing the write-off.
According to a February study by the Tax Foundation, of the 30 states with legalized sports betting, eight currently offer companies the ability to write off promotional expenses a number that is about to decrease by one.
In a less-consequential sports betting decision during this year's General Assembly, providers are no longer allowed to use the term "Virginia is for Bettors" in their marketing materials.
The phrase plays off of the "Virginia is for Lovers" marketing slogan. The bill was passed by the General Assembly and signed by Gov. Glenn Youngkin.
Another bill proposed legalizing wagers on state college sports teams, but that was defeated in the General Assembly, meaning wagering on VCU basketball or Virginia Tech football remains illegal in the state for at least another year.
The cost to attend an NFL game is the most expensive among the major four sports leagues with an average cost of $157.07. The cheapest NFL team to watch live is the Cincinnati Bengals with an average cost of $105.69. Here are the five most expensive.
The Las Vegas Raiders moved into Allegiant Stadium prior to the 2020-21 season. Among NFL teams, the Raiders have the most expensive general admission ticket ($153.47), most expensive beer ($13) and most expensive hot dogs ($7.50).
Levi's Stadium opened in 2014. To attend a San Francisco 49ers game is the second-most expensive among NFL teams and third-most expensive among all four major sports leagues.
The parking at AT&T Stadium is the most expensive of all the four major sports leagues. It costs more for parking at a Dallas Cowboys game ($75) than attending a Los Angeles Dodgers game ($70.66).
The Los Angeles Rams moved into SoFi Stadium prior to the 2020-21 season. The Rams sell the most expensive hot dogs among NFL teams with an average price of $7.50.
The Green Bay Packers are the only franchise owned by stockholders. The average price for a Green Bay Packers fan to attend a game at Lambeau Field with two beers, a hot dog and parking is $192.93.
The average cost to attend an MLB game with two beers, a hot dog and parking is $67.39, which is the cheapest of the major four sports leagues.
Watching the Chicago Cubs comes at a hefty price. Wrigley Field is the most expensive MLB game for fans to attend with an average price of $109.78.
Among all the MLB teams, the Boston Red Sox have the priciest general admission ticket. The average ticket price at Fenway Park is $60.09.
At $29, the parking at Yankees Stadium is the most expensive of all MLB stadiums.
The most expensive hot dog of all MLB stadiums can be found at a Washington Nationals home game. Hot dogs cost fans $7.25 at Nationals games.
The average price for Houston Astros fans to attend a game at Minute Maid Park with two beers, a hot dog and parking is $89.83.
The NBA is the second-most expensive league in terms of attending a game with an average cost of $120.13.
An average New York Knicks game at Madison Square Garden will cost fans $260.38, the most expensive of all of the four major sports leagues. Among NBA teams, the Knicks have the most expensive general admission tickets ($180.78), most expensive parking ($45) and most expensive hot dog ($8.50).
The Golden State Warriors moved into Chase Center before the 2019-20 season and became the second-most expensive NBA game to attend with an average cost of $230.30. The Warriors sell the most expensive hot dogs in the NBA with an average cost of $8.50.
It's no surprise that attending a Los Angeles Lakers game is expensive. The average cost for Lakers fans to attend a game at Staple Center with two beers, a hot dog and parking is $190.76.
The TD Garden has been the home of the Boston Celtics since 1995. The average price for a Boston Celtics fan to attend a game at TD Garden with two beers, a hot dog and parking is $167.16.
Even though the Chicago Bulls missed the playoffs with a 22-43 record during the 2019-20 season, the United Center was still the fifth-most expensive NBA stadium to attend a game with an average cost of $154.01.
While it's not as cheap as the average price to attend an MLB game, an NHL game is still reasonable compared to an NFL or NBA game. The average cost for a NHL game with two beers, a hot dog and parking is $114.47.
Even though an average New York Rangers game at Madison Square Garden isn't as expensive as a New York Knicks game, it's still the most expensive game to attend in the NHL with an average cost of $182.43. The Rangers also sell the most expensive beer in the league, which will set a fan back $15.
The parking at TD Garden for a Boston Bruins game will cost an average of $29, the most expensive among NHL teams.Including a ticket, two beers, a hot dog and the parking, a Bruins game will cost an average of $162.36.
The Toronto Maple Leafs are the most popular hockey team in Canada, and the ticket prices prove it. Scotiabank Arena offers the most expensive general admissions ticket in the NHL with an average ticket costing $128.69.
Even though the Chicago Blackhawks finished last in the Central Division during the 2019-20 season, the United Center still sets a fan back $153.63 to attend an NHL game.
The newest addition to the NHL is the Las Vegas Golden Knights and T-Mobile Arena where the average price to attend a game is $153.36. The Golden Knights are home to the most expensive hot dog in the NHL, which will cost a fan $7.
(804) 649-6546
Twitter: @michaelpRTD
Get local news delivered to your inbox!
Read this article:
Virginia lawmakers close sports gambling loophole that was limiting tax revenue - GoDanRiver.com
Posted in Gambling
Comments Off on Virginia lawmakers close sports gambling loophole that was limiting tax revenue – GoDanRiver.com
Cops raid illegal gambling centre in Subang Jaya – The Star Online
Posted: at 11:38 am
SUBANG JAYA: An illegal online gambling centre was raided after it was exposed on Facebook.
In a statement Wednesday (June 22), Subang Jaya OCPD Asst Comm Abd Khalid Othman said the raid was conducted on Tuesday (June 21) night following a video on the centre by a Facebook user Macdonard Highson.
"Based on information gathered, the police conducted surveillance at the address stated in the post, but no movement was seen.
"A raid on the location was conducted and eight computers, believed to have been used for online gambling purposes, were seized," he said.
The post alleged that the syndicate had been operating there for some time and there had been inaction due to corruption.
ACP Khalid Othman said that the district police had conducted 191 raids between January 2021 and May 2022, with 458 suspects arrested. A total of 924 machines used for online gambling were also seized.
"The police view the matter seriously and will not compromise with any side in regards to illegal gambling. We also advise all to not be involved in such activities.
"We encourage the Subang Jaya community and those in the surrounding area to work with us in eradicating such activities by sharing information to our district control centre at 03-7062 7100," he said.
Read more:
Cops raid illegal gambling centre in Subang Jaya - The Star Online
Posted in Gambling
Comments Off on Cops raid illegal gambling centre in Subang Jaya – The Star Online
How innovative US online casinos are reshaping the gambling industry Retail Technology Innovation Hub – Retail Technology Innovation Hub
Posted: at 11:38 am
While online casinos and the industry have faced many obstacles over the years, people today have access to innovative platforms and games thanks to the emergence of technologies such as the internet and mobile technology.
As long as we have a smartphone, tablet, or desktop computer, we can now play at the best online casinos in the USA found here from the comfort of our own homes. We can even play when we are out on the move if we want to!
Before online casinos existed, those who liked to play casino games had no choice but to dress up, travel, and play at land-based casinos. While enjoyable, this was time consuming and potentially expensive due to travel costs, eating out, and higher wagering limits.
However, thanks to the advancement and adoption of Wi-Fi connectivity, mobile phones, and mobile communication technologies, wagering on casino games has never been easier.
We can enjoy lower table limits, play from anywhere with an internet connection, and enjoy a far more excellent selection of casino games. We can even move money in and out of our accounts seamlessly via payment methods, including bank cards, bank transfers, and eWallets such as PayPal, a payment provider that has seen record share prices in recent months.
Even the best land-based casinos cannot compete in terms of the number of games an online casino can provide. While the US iGaming industry is still growing, so it does not yet have thousands of games to offer players, you only have to look at other major iGaming markets to see that this will happen, eventually.
Over one hundred iGaming development companies develop over 20 new games per month on average. There are thousands upon thousands of titles now available around the world.
Most of these are virtual video slots, which is expected because of their popularity.
However, you will also find a wide variety of virtual table games, live casino games, bingo, scratch cards, and video poker, among other types of casino games. That number will only increase as the industry grows, and other developers will get in on the act.
One iGaming vertical that has helped reshape the gambling industry is live casino games.
Streamed live from studios worldwide, these games feature live dealers/croupiers/hosts that control the games in real-time. Using your mobile or desktop device, you watch the streams of the games while placing your wagers.
Initially, this vertical started by giving us live variations of classic games such as Roulette and Blackjack, but now you can play many games in a live format.
Some of the most popular are live gameshows developed by the likes of Evolution and Playtech. Many of these titles, including Crazy Time and Monopoly Live, have won industry awards because of their innovation.
Unless you have been living under a rock for the last decade or so, you know that cryptocurrencies and blockchain technology have helped shape many industries. Cryptos are everywhere right now - according to rumours, even Facebook is planning to launch its own cryptocurrency.
Arguably, the online casino industry has been one of the biggest benefactors of cryptocurrencies.
They offer the perfect solution for players that want added security and anonymity because of their decentralized state. Plus, they probably help when it comes to paying taxes on casino winnings.
While crypto gambling is not yet regulated in the US, it is in other jurisdictions around the world. It remains to be seen if they will ever play a part in the US iGaming industry, but we would not rule out that from ever happening.
Virtual and augmented reality technology and the metaverse are two technological innovations on the lips of industry leaders in terms of where the online casino sphere could go next.
However, while we talk as if this is the future, it could prove closer than anyone might think. Evolution has already implemented virtual reality elements into one of its live titles, Gonzos Treasure Hunt, while Atari is currently developing one of the first metaverse online casinos.
With the continued evolution of these technologies, we would not bet (excusing the pun) against it! Could we be no more than years away from plying our trade at online casinos in virtual reality?
Walking around, interacting with other players, and sitting at casino tables as if we were there in person?
Go here to see the original:
Posted in Gambling
Comments Off on How innovative US online casinos are reshaping the gambling industry Retail Technology Innovation Hub – Retail Technology Innovation Hub
Understanding the gambling laws of Canada – Mtltimes.ca – mtltimes.ca
Posted: at 11:38 am
Gambling has always existed in Canada. Yet, the gambling laws have changed over the years, making it a little confusing to know what is legal and what is illegal. Here is a quick overview of the gambling laws in Canada, and how you can gamble legally.
The gambling laws of Canada are a little difficult to understand. If you are considering gambling online, you must read up on the rules. Here is what you need to know to gamble legally in Canada.
In the 1970s the criminal code was changed, giving oversight of gambling to the provinces. The first casino was built in 1989, quickly spreading to Ontario, Quebec, Manitoba, Saskatchewan, and Nova Scotia. The provinces allowed casino games as well as horse tracks, and video lottery terminals. The trend, however, did not spread to the rest of the 10 provinces. Today, the provinces of Canada still uphold their own gambling laws, making it a little tricky to gamble online legally if you live in a province with a negative attitude towards gambling. As a result, Canadian online casinos are often located offshore. These casinos, however, cannot be legislated or licensed. Luckily, local governments have met the demands of the community by starting their own gambling sites.
Online gambling is technically legal in Canada, but because each province has its own rules, a lot of Canadian online casinos are located offshore, making it impossible for the federal government as well as local governments to license and legislate the casinos. This creates a less safe environment for gamblers. As a result, illegal gambling and sports betting activity. This, however, may cause a change in the gambling laws.
To stop the tendency of illegal gambling and sports betting, the federal government has made it legal to gamble on individual sporting events. The hope of the government is, that the legalization of sports betting will bring the activity into a legal, safe and controlled environment, making it possible to monitor and tax the billion-dollar industry of sports betting. Although this change has not yet reached online casinos, this may be just the beginning of a more liberal attitude to gambling in Canada.
While the rest of Canada is waiting for the gambling laws to become more liberal, if you are living in Montreal, you can already start gambling online. Quebec is one of the provinces that have legal casino sites launched by the local governments. You can find Canadas best casinos here. It is not illegal to play at casinos located offshore. However, you must be extra careful. These casinos arent licensed, and Canadian law cant prosecute them. If you are cheated out of your money, there is not much you can do about it. It is, therefore, best to choose a licensed casino from the provinces that have made gambling legal. If you want to know more about gambling in Quebec, read more news from Montreal here.
Other articles frommtltimes.catotimes.caotttimes.ca
Related
See original here:
Understanding the gambling laws of Canada - Mtltimes.ca - mtltimes.ca
Posted in Gambling
Comments Off on Understanding the gambling laws of Canada – Mtltimes.ca – mtltimes.ca
Gruelling to navigate online gambling in cyberspace – The Star Online
Posted: at 11:38 am
PETALING JAYA: The complexity of the digital world that allows one to mask their identity is making it almost impossible to regulate online gambling, said a cybersecurity expert.
LGMS Berhad chairman and Cybersecurity Consultant CF Fong said anyone could set up online gaming sites so monitoring and tracking who the real owners are will be difficult.
Fong believes legalising online gaming could lead to other social issues.
When you allow online gambling, anyone can set up his gambling site and collect money from people. So unless the (act of) gambling is based on brick and mortar gambling establishments, it will not be feasible to regulate.
Ethically, I dont think it is good because you are encouraging and giving the public more access to gambling, he said.
Blocking unlicensed sites can also be a hassle, Fong said. They will keep changing their domain name once their servers have been blocked. They can notify their players via messenger on the new sites that can pop up quickly. It will be difficult for the authorities to keep track and block them, he said.
Fong said many online gambling sites have their servers hosted abroad, making it harder to identify the owners.
The operators also use mule accounts for transactions to mask their identities.
He said they have many such accounts to hide their financial transactions from betting to commerce. Some even accept Touch n Go ewallet payments.
He also said some of the operators used runners to make cash payouts with a small fee imposed on the winners to prevent their operations from being traced to them.
Besides websites, online gambling has also become a mobile application.
Typically, a domain name for a gambling site is easy to remember, for example, AAA.com, he said.
See original here:
Gruelling to navigate online gambling in cyberspace - The Star Online
Posted in Gambling
Comments Off on Gruelling to navigate online gambling in cyberspace – The Star Online
How Is The Metaverse Gaining The Gambler’s Attention? – TechnoSports
Posted: at 11:38 am
Some sectors, like online gambling, experiment with and integrate Metaverse elements to enhance virtual experiences. There is constant competition between the big tech companies like Google, Apple, and Metaverse for the best innovations. However, nowadays it should be stated that Metaverse, among gamblers, is at the center of attention, as it provides them with the main attraction gambling in virtual reality.
Even if we cant know exactly what will happen in the future, predicting is a lot of fun. Wouldnt it be fantastic to wear a virtual reality headgear and visit a real-world casino like Macao or Las Vegas? It doesnt matter where you are, the metaverse may be able to carry you away.
In order to participate in metaverse gambling, users may be required to create or utilize an existing avatar at the time of registration. A headset will be used to give the whole casino experience. Because of this, there will be no more back pain from sitting for hours at a desk or holding a mobile device. In this article, well talk about how the Metaverse is going to change the gambling industry and what makes it prominent among gamblers globally.
When it comes to the main benefits of decentralized gambling, there are many things that can be appealing to casino enthusiasts. As the online gambling business evolved, so did the number of methods for players to avoid disclosing any personal information. Cryptocurrency transactions are used in decentralized gambling. Bitcoin, Ethereum, and other cryptos are popular among online gambling lovers.
It is worth noting that decentralized providers use blockchain technology, which per se has several advantages and benefits. A decentralized blockchain network is resistant to hackers, ensuring that the gamers are protected while participating in online games. This means that players can safely gamble casino games like crazy time, blackjack, roulette, poker, and so forth. Many prospective gamblers find it difficult to cope with payments and withdrawals on online gambling sites because of regional regulations. Users from all across the world may utilize Metaverses integrated cryptocurrency payments, independent of local limitations.
Players may explore the Metaverse casino in a virtual environment that simulates real-life rather than sit in front of a computer screen for the whole gambling experience.
Immersive gambling has been given a new life thanks to virtual reality technology. Virtual reality (VR) and metaverse gaming go far beyond merely chatting with a dealer to provide gamers with an authentic casino experience.
There is a major difference between playing online casino games and playing in the metaverse. A decentralized gaming platform doesnt need any kind of authentication. So, in contrast to centralized gaming, no ID documents or personal information is required. The only thing that you need for transactions when it comes to decentralized gambling is the wallets unique address.
After just being launched in October of 2021, the Metaverse project has already seen a great deal of progress, with several projects having even seen the light of day.
The most talked-about digital City of Lights today is situated in Decentraland, in an Ethereum-based decentralized virtual environment with sparkling lights. Without the involvement of a governing body or smart contracts, this metaverse is completely controlled by its users.
Coins, tokens, and NFTs make up the majority of the Metaverse gaming sector. Although these financial instruments have been present for some time, they are now enjoying a resurgence in popularity, as seen by the daily coverage of crypto and NFT subjects in the main media.
Decentralands virtual casino sector bears a striking resemblance to the Las Vegas Strip, which it has modeled after. Users are met when entering one of the citys numerous casinos by hundreds of gamblers wearing streetwear fashion, from funny wigs to fancy shoes and, of course, the required sunglasses for the poker-playing crowd. So, you can easily access the new world and try out what it looks like to gamble in a Vegas-like city virtually.
Even though the Metaverse world is still in its infancy and is comparatively new for the customers, it should be stated that some analysts predict that it can easily beat the land-based casinos. Players choose virtual casinos for the finest gaming experience.
Because of the Metaverses plethora of benefits and advantages, its more probable that the land-based casinos at some point will be excluded. As an example, we can look at online and land-based casinos. Nowadays the popularity of land-based casinos has decreased significantly. People realized that they can get a unique gambling experience from the comfort of their homes.
When it comes to Metaverse, the things that were the main drawbacks of online casinos, like the lack of land-based casino atmosphere, lights, music, and several others, are all settled in the virtual universe. With the use of headsets, gamblers can feel like they are in a real casino. Plus, they can gamble with the use of cryptocurrencies. Cryptos as mentioned above provide casino enthusiasts with a myriad of advantages. So, if not quite soon, at some point, Metaverse will exclude the land-based casinos.
As time goes by and technological advancements provide people with a plethora of innovations, individuals start to actively embrace these innovations in order to make their lives easier. One of the examples of this is the Metaverse and generally, virtual reality, which made it possible to experience numerous things without going out. Gambling is no exception players can anonymously, and securely play their favorite games. In addition, they can experience what it looks like to play in Vegas, without travel expenses and leaving their homes. So, Metaverse can easily replace land-based casinos in the future.
Read: Japanese Scientists Develops living skin for Robots
Read more from the original source:
How Is The Metaverse Gaining The Gambler's Attention? - TechnoSports
Posted in Gambling
Comments Off on How Is The Metaverse Gaining The Gambler’s Attention? – TechnoSports
Southland District gambling problem worse than reported, councillors hear – Stuff
Posted: at 11:38 am
Geoff lewis/Stuff
Pokie machines [generic image].
The Gaming Machine Association of New Zealand says just two people have sought help for problem gambling in the Southland District Council area in the past 12 months.
The associations representative Jarrod True said Ministry of Health figures show in 2018-19 just one person in the Southland District sought help for problem gambling, in 2019-20 nobody sought help, and in the past 12 months, two people sought help for problem gambling.
However, in response to questions from councillors at a meeting on Wednesday, True said there would be up to eight problem gamblers for every person who self-reported their problems.
READ MORE:* We should not be the fun police: Sinking lid policy splits council* Ruapehu District Council tackles 'huge' level of gambling harm* Wellington council poised to start ditching 'dirty money' pokie machines
But districts of a similar size to Southlands had 40 or 50 or 60 people presenting with problem gambling, rather than two, suggesting Southlands problem was less, he said.
True was submitting on the councils draft pokie machine venues policy.
The council has yet to make a final decision, but the draft policy would allow venues to continue operating existing machines, and replace them when necessary, but would not permit licences for new machines.
True, one of the submitters to the policy, asked that the councils current sinking lid policy be replaced with a cap at current numbers which was a mere 14 venues and 88 machines in the district.
In 2013 there were 133 pokie machines in the Southland District Council area, and that number had reduced to 88, he said.
Eighty-eight machines was reasonable given the very low problem gambling rate in the district, he said.
In the past decade 4600 machines had been removed from New Zealand, a 25% reduction, and in the same period the problem gambling rate had remained the same, True said.
Gaming machines gave people entertainment, and funding from the machines was returned to the community via community grants, he said.
True believed retaining the sinking lid policy would accelerate the migration to offshore based online gambling which had no local grants, no local employment and no harm minimisation controls.
However, another submitter, Ivan Yeo of the Asian Family Services, said those people classed as problem gamblers were at the very sharp end of the problem, and the Ministry of Health had reported 250,000 people experienced mild, moderate or severe gambling harm in New Zealand.
Given the harmful nature of pokie machines we strongly advocate for a true sinking lid policy with no relocations [of pokie machines], he said.
People with gambling problems sometimes isolated themselves from family and friends, it impacted on the financial security of their families, and it could lead to crime, prostitution and family violence.
There was no evidence to suggest a sinking lid policy would reduce grants funding to the community, Yeo said.
Visit link:
Southland District gambling problem worse than reported, councillors hear - Stuff
Posted in Gambling
Comments Off on Southland District gambling problem worse than reported, councillors hear – Stuff
REVEALED: 59% Of The North West Call for MORE Gambling Regulation – Business Cheshire
Posted: at 11:38 am
Whether its online bets, horse racing, sports bets or even bingo, gambling has become ever present across UK society, with the industry contributing 2.83 billion in tax to the treasury during 2020-2021. Plus, with gambling mobile apps on the rise, the avocation has become more accessible than ever before.
In a study by online casino affiliate Mr Gamble, the UKs gambling habits were revealed with some interesting insights into spending habits, usage, and even calls for more regulation.
Check out some more exclusive North West insights from the study below:
North West gamblers are happy to spend on average 67 per week
Not far from the UKs average at 70, North West gamblers spend on average 67 per week on the activity.
However, the region believes on average 208 would be too much to spend on gambling per week, almost triple what the average UK gamblers spends per week.
Sports Betting is the most popular form of gambling in the region
The most popular form of gambling across the North West was Sport Betting, with 42% of the region engaging in the form on a regular basis. This was followed closely by online gambling at 38% and bingo at 12%.
Gambling across the UK has become easier than ever before as a result of betting apps, with 84% of the North West already having them downloaded on their phone.
73% of the North West would know where to access gambling resources if they needed them
Whilst 75% of the region have never had to access help for excessive gambling, but if they did, 73% would know where to look. Alongside this, 77% of the region are confident they have never had a gambling problem, meaning despite the ease in the activity, patrons are still in control of their usage.
Infact, 55% of gamblers in the region are happy to stop after a win, whilst 67% will stop after a loss.
However, only 41% believe the current amount of gambling regulation is enough
Despite the distinct level of control demonstrated by the region, 59% still believe there should be more regulation when it comes to gambling. This is compared to the 68% across all regions who believe there is room for change.
Gambling affiliate sites like Mr Gamble have supported in streamlining this process, highlighting responsible gambling resources across their sites to support gamblers looking for help.
You can see the full rundown of the story covering other UK regions HERE!
See the rest here:
REVEALED: 59% Of The North West Call for MORE Gambling Regulation - Business Cheshire
Posted in Gambling
Comments Off on REVEALED: 59% Of The North West Call for MORE Gambling Regulation – Business Cheshire
Gaming Realms awarded gambling content licence in Connecticut – ShareCast
Posted: at 11:38 am
Mobile-focussed gambling content provider Gaming Realms has been awarded an online gaming service provider licence by the Connecticut Department of Consumer Protection, it announced on Tuesday, making it the fourth US state where it is licensed.
The AIM-traded firm said DraftKings and FanDuel, both of which have multi-state deals and direct integrations with Gaming Realms, were already operating in Connecticut.
It said it expected its Slingo content to go live in the state with those two operators by the end of 2022, once final certifications are complete.
We are delighted to have been granted an online gaming service provider licence in Connecticut, which now sees Gaming Realms licensed in the US' four largest states for iGaming, as well as in Ontario, Canada, said executive chairman Michael Buckley.
The company's strategy to sign multi-state deals and direct integration agreements with some of the largest operators in the US has also put us in a stronger position for our Slingo content to go live in a shorter time frame and to capitalise on market growth as more states look to regulate iGaming.
The company's expansion outside of North America is progressing as expected, and our Slingo games have recently gone live in Italy with Lottomatica, which is that country's largest operator.
At 1439 BST, shares in Gaming Realms were up 4.35% at 24p.
Reporting by Josh White at Sharecast.com.
Read the original:
Gaming Realms awarded gambling content licence in Connecticut - ShareCast
Posted in Gambling
Comments Off on Gaming Realms awarded gambling content licence in Connecticut – ShareCast







