Category Archives: Online Gambling

Gambling, while being a famous pastime for many, is quite a controversial topic across different countries. Despite its existence since time immemorial, several nations have often restricted or flourished freedoms to gambling shops and gamblers. It depends most often on the period, to be exact.

Gambling is, as we all know, a game of chance and luck. Using dice, tokens, or numbers, a wager is placed on the outcome on the throw or shuffle of dice, tokens, or number cards. Whoever gets the winning number, permutations, or combinations right, gets the money that everyone else wagered on the outcome.Thousands of people play slots at Winner55 casino.

Once considered a simple game to idle away time, it has become a coveted method to get rich quickly. What this has led to is a larger conversation regarding the ethics of gambling and when too much gambling becomes a problem. Where do governments and legal authorities draw the line?

This article discusses some of these regulations and rules concerning gambling, and its newer cousin, online gambling.

Internet gambling has taken off over the last ten years, and during the pandemic, has been raking in profits related to the billions. What this has done is renew conversations with regards to its regulations, rules, and how effective these are. The boom of the internet in the 21st century drove up the market, and it seems to be no stopping it. Internet gambling is a rather grey area for online gambling rules, as it has no physical body of representation.

Online gambling is a lucrative market, and it has enormous potential. With such large money flowing through every day in the form of wins and losses, it can attract all kinds of people- those who want to have fun, those who want to earn some quick money, and fraudsters looking to cheat some money out of peoples pockets.

Several countries like North America, Canada, the UK, and throughout the European Union have attempted to introduce federal laws to regulate gambling. Asian casinos cant work with most of the Asian players. The laws are mainly to control dubious transactions in the name of gambling and seeks to prevent unscrupulous deals and bets from being made. Each state or member country has the authority to create its laws concerning online gambling. Only companies and websites that have the proper license from the respective authorities can operate in these countries and states.

In most countries, online gambling laws are murky at best, completely absent at worst. This has led to a rise in legislative attempts to rein in the online gambling market. Some states in the US have legalized online gambling, yet others are grappling with the extent of control and relinquishing they can give. Canada has no clear legislation on its part but doesnt mark online gambling as illegal.

Licensing requirements entirely depend on the country of origin of the online gambling site. When choosing to base operations, websites should choose countries where it is legal to gamble online. Conducting a thorough research of the gambling jurisdictions is a good idea, as each country or state has different provisions in the laws that are framed regarding online gambling. Having proper documentation and an idea of the taxation procedures will speed up the process considerably.

Online gambling is a touchy subject for most countries, as it is easier to regulate stores that have a physical presence. While regulations are present in some, more nations will need to jump-start their legislative processes, and it is quite a big market out there.

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Gambling Regulations in the World - Pennsylvanianewstoday.com

Dublin, Sept. 24, 2021 (GLOBE NEWSWIRE) -- The "Global Casinos Market (2021-2026) by Casino Type, Gaming Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Casinos Market is estimated to be USD 134.9 Bn in 2021 and is expected to reach USD 159.8 Bn by 2026, growing at a CAGR of 3.45%.

Market Dynamics

The factors such as rising demand for gaming and increasing social acceptance for casinos, change in the standard of living, and rapid growth in technology are increasing the casinos market. Furthermore, with the launch of VR hardware, the general public was instantly attracted to VR gambling games.

In addition, technological advancements such as AI, ML, Blockchain technology are expected to bring an opportunity for future growth of the market by providing an additional layer of security and features to existing casinos.

However, government regulations in certain nations restrict the establishment of casinos which is majorly hindering the market growth. In addition, the long process for authorization of licenses for online gaming sites has further hamper global casino market growth.

Market Segmentation

The Global Casinos Market is segmented further based on Casino Type, Gaming Type, and Geography.

By Casino Type, the market is classified into offline casino gaming and online casino gaming. Amongst all, the offline casino gaming segment is estimated to hold the highest market share during the forecast period.

By Gaming Type, the market is classified as lottery, poker, blackjack, slot machines, roulettes, craps, bingo, and others. Amongst all, the lottery segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Operator 888 has acquired a portfolio of Jet's digital bingo brands to strengthen its position within the UK online bingo market - 19th February 2019

2. Evolution partners with the Canadian Bank Note Company, Limited (CBN) to deliver online Live Casino services as part of a major enhancement program to national lotteries run or supported by CBN worldwide - 16th March 2021

Company Profiles

Story continues

Some of the companies covered in this report are Addison Global Limited, Belle Corporation, Bet365 Group Ltd, Betsson AB, etc.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary3.1 Introduction3.2 Market Size and Segmentation3.3 Market Outlook

4 Market Influencers4.1 Drivers4.1.1 Growing Disposable Income Across Developing Nations 4.1.2 The Growing Popularity Of Mobile Gaming 4.2 Restraints4.2.1 Unfavorable Regulatory Guidelines for Gambling 4.2.2 Threat of Cyberattacks on Online Casinos 4.3 Opportunities 4.3.1 Use of Advanced Analytical Technologies4.3.2 Increase in Tourism Industry in Emerging Countries4.3.3 Development of Augmented Reality (AR) and Virtual Reality (VR) Based Casino Games 4.4 Challenges4.4.1 Lack of Skilled IT Professionals

5 Market Analysis5.1 Regulatory Scenario5.2 Porter's Five Forces Analysis5.3 Impact of COVID-195.4 Ansoff Matrix Analysis

6 Global Casinos Market, By Casino Type 6.1 Introduction6.2 Offline Casino Gaming 6.3 Online Casino Gaming

7 Global Casinos Market, By Gaming Type7.1 Introduction7.2 Lottery 7.3 Poker 7.4 Blackjack 7.5 Slot Machines7.6 Roulettes7.7 Craps 7.8 Bingo 7.9 Others

8 Global Casinos Market, By Geography8.1 Introduction8.2 North America8.2.1 US8.2.2 Canada8.2.3 Mexico8.3 South America8.3.1 Brazil8.3.2 Argentina8.3.3 Chile8.3.4 Colombia8.4 Europe8.4.1 UK8.4.2 France8.4.3 Germany8.4.4 Italy8.4.5 Spain8.4.6 Netherlands8.4.7 Sweden8.4.8 Russia8.4.9 Rest of Europe8.5 Asia-Pacific8.5.1 China8.5.2 Japan8.5.3 India8.5.4 Indonesia8.5.5 Malaysia8.5.6 South Korea8.5.7 Australia8.5.8 Sri Lanka8.5.9 Thailand8.5.10 Rest of APAC8.6 Middle-East and Africa8.6.1 Qatar8.6.2 Saudi Arabia8.6.3 South Africa8.6.4 United Arab Emirates

9 Competitive Landscape9.1 Competitive Quadrant9.2 Market Share Analysis9.3 Strategic Initiatives9.3.1 M&A and Investments9.3.2 Partnerships and Collaborations9.3.3 Product Developments and Improvements

10 Company Profiles

Addison Global Limited

Belle Corporation

Bet365 Group Ltd.

Betsoft

Betsson AB

Boyd Gaming Corporation

Caesars Entertainment

Chetu Inc.

Creatiosoft

Elaunch Solution Pvt. Ltd

Evolution Gaming Group AB

Flutter Entertainment PLC

Galaxy Entertainment Group

Intertain Group Limited

Kindred Group PLC

Ladbrokes Coral

LeoVegas AB

MGM Resorts International

Microgaming

Paddy Power Betfair PLC

Playson

Scientific Games Corporation

SJM Holdings Limited

The 888 Group

City of Dreams Manila

Delaware Park Racetrack & Slots

Dover Downs Hotel & Casino

Eldorado Resort Casino

Foxwoods Resort Casino

Golden Nugget Atlantic City

Harrington Raceway & Casino

Las Vegas Sands

Palms Casino Resort

Penn National Gaming, Inc

Resorts World Manila

William Hill PLC

Wynn Resorts Limited

For more information about this report visit https://www.researchandmarkets.com/r/b26f7e

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Global Casinos Markets 2021-2026 - Use of Advanced Analytical Technologies / Development of AR and VR Based Casino Games / Increase in Tourism...

Regulatory release 31/2021September 24, 2021

The acquisitions

Global sports betting media group, Better Collective, today announces that it has acquired Soccernews.nl, one of the most visited Dutch online sports media, and Voetbalwedden.net, a well-established Dutch online sports betting community, in separate transactions for total upfront payments of 5.9 mEUR, with maximum deferred and earnout payments of 3.75mEUR.

The two acquisitions form a strategic move that will establish Better Collective with a leading position in the Dutch online sports betting market. It is expected that revenue in Better Collective Netherlands will exceed 3 mEUR in 2022, which will be the first full fiscal year in that market. As a new market, the Netherlands is expected to produce high growth for several years.

A new market for on-line gambling

The Dutch Remote Gambling Act will come into effect on October 1, 2021, fully regulating online gambling, which until now has been operated as a state monopoly. With the act, iGaming operators will be given the opportunity to apply for a license to operate in the market and more than 20 operators are expected to be licensed by 2022. According to the international betting and gaming consultancy firm, H2 Gambling Capital, Dutch onshore iGaming is projected to increase from 22% of the countrys total iGaming in 2015 to 81% in 2024. As a result, the Dutch iGaming gross gaming revenue (GGR) for online casino and sports betting combined is expected to reach more than 800 mEUR in 2024, making it the fifth largest iGaming market in Europe.

Together, Soccernews.nl and Voetbalwedden.net attract more than 2.5M monthly visitors. The two media platforms will enable Better Collective to take advantage of the Dutch market opportunity from day one and be well positioned to gain from the expected arrival of larger international sports betting operators in the market in 2022.

Financial targets for 2021 remain unchanged

It is expected that the two acquisitions will have a positive impact on Better Collectives revenue and earnings for 2021 and onwards. The financial impact in 2021 is however expected to be limited due to the time of incorporation and the time needed for the new Dutch market to establish itself. The financial targets for 2021, therefore, remain unchanged.

Better Collective Netherlands

Better Collective has recently incorporated Better Collective Netherlands B.V and the acquisitions add an experienced team to the Dutch business unit. To manage its Dutch operations, Better Collective has hired Joris Dekkers as Managing Director from August 1, 2021. Dekkers knows Better Collectives business well as he has supported the companys preparations for the market opening as an external consultant. He brings a strong background and close to ten years of experience from the iGaming industry, where he has worked on both the media and the operator side.

Jesper Sgaard, Co-Founder & CEO of Better Collective, says:

We are excited about the regulatory opening of the Dutch iGaming market, welcoming licensed operators and laying the foundation for stronger player protection. The Dutch market has high potential and is expected to grow significantly in the coming years. To be able to capitalize on these opportunities, we are pleased to have added two strong Dutch brands to our portfolio and welcomed Joris Dekkers and a new team to Better Collective. These moves will help us establish a leading position in the Dutch sports betting media landscape.

Enquiries regarding this announcement should be addressed to:Investor contact: Christina Bastius Thomsen, +45 2363 8844 investor@bettercollective.com Media contact: Anders Crillesen +45 2779 1286 acrillesen@bettercollective.com

This information is such information as Better Collective A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 8:25 am CET on September 24, 2021.

About Better Collective

Better Collective is a global sports betting media group providing platforms that empower and enhance the betting experience for sports fans and iGamers. Aiming to make betting and gambling more entertaining, transparent and fair, Better Collective offers a range of editorial content, bookmaker information, data insights, betting tips, iGaming communities and educational tools. Its portfolio of platforms include bettingexpert.com, VegasInsider.com, HLTV.org and Action Network. Better Collective is headquartered in Copenhagen, Denmark, and listed on Nasdaq Stockholm (BETCO). More information at bettercollective.com.

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Better Collective acquires Soccernews.nl and Voetbalwedden.net - GlobeNewswire

The market research report Global Online Gambling Platform Market released by MarketsandResearch.biz is expected to gain traction during the forecast period 2021 to 2027. The Online Gambling Platform market factors involve opportunities, growth trends, restraints, issues, substitutes, competitions, and market dynamics. The research report offers details of the necessary components present in the market that tend to either influence the market growth or has an adverse effect on the market growth. The focus of the report is to build a growth map for global market research. The report provides comprehensive information on the background of the market. The report offers a pictorial and graphical presentation for a better understating of the market condition.

The growth map assists the users in formulating strategic plans and marketing ideas to achieve business objectives. The factors provide a reasonable judgment to the users and assist them in establishing the business strategies and techniques. The tools involve PESTLE analysis, PORTERs five forces, SWOT analysis. The Online Gambling Platform research report also provides market attractiveness graphs, developments by leading players, R&D strengths, new product success rate, business strategies, and financial ratio.

DOWNLOAD FREE SAMPLE REPORT: https://www.marketsandresearch.biz/sample-request/194522

The report covers the leading players existing in the market:

International Game Technology (IGT), Playtech, Microgaming, Betconstruct, Softgamings, Betsys, Sportradar, SBTech, Digitain, GammaStack, EveryMatrix, Novomatic, NetEnt, BetSoft, Scientific Games, Evolution Gaming, Playtika, Octro, Tencent, Boyaa Interactive

The geographical regions mentioned in the research report include:

North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia), South America (Brazil, Argentina, Colombia, and Rest of South America), Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The report involves a type segment explaining the categories of the product:

Online Casino, Sports Betting, Esports Betting, Online Lottery, Other

ACCESS FULL REPORT: https://www.marketsandresearch.biz/report/194522/global-online-gambling-platform-market-2021-by-company-regions-type-and-application-forecast-to-2026

The report consists of the application segment informing the user about the applicability of the product or market:

Desktop-install & Web, Mobile-install

Customization of the Report:

This report can be customized to meet the clients requirements. Please connect with our sales team (sales@marketsandresearch.biz), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1-201-465-4211 to share your research requirements.

Contact UsMark StoneHead of Business DevelopmentPhone: +1-201-465-4211Email: sales@marketsandresearch.biz

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Global Online Gambling Platform Market 2021 Research Report With COVID-19 Update with Growth Analysis and Emerging Trends by 2027 Bulk Solids...

The digital marketing agency expects to provide advertising and information services to the state's authorized betting operators. BetMGM announced Thursday the launch of its mobile App at Gold Strike Casino Resort in Tunica. MediaTroopers is now live in a total of 15 states, and earlier this month received a temporary sports betting supplier license in Arizona.

Digital marketing agency MediaTroopers will be going live in Mississippi this weekend alongside online sport betting operator BetMGM, announced the company on Thursday.

The marketing company, focused on generating leads and acquiring paying customers for online casinos and sportsbook operators, aims at providing top-quality advertising and information services to the states authorized betting operators.

We have not one, but two causes for celebration this weekend, said Sam Segal, MediaTroopers CEO. The first is launching our activities in a new state, which is always exciting. The second is the fact we are entering Mississippi with one of the best sportsbook operators in the country which is BetMGM.

MediaTroopers is licensed and operational in 14 other US states, including Arizona, New Jersey, Pennsylvania, Colorado, Indiana, Tennessee, Illinois, Washington DC, West Virginia, Virginia, Iowa, and Wyoming.

The digital marketing agency plans to leverage its decades of combined experience in regulated online gambling to deliver a wider audience in the state with up-to-date news on sporting events, game predictions, great sportsbooks, and online casino offers.

Mississippi is a state we are really looking forward to work in, added Segal upon the announcement. Its sports fans have tons of soul, and we are looking to bring them more excitement and fun with safe, legal, and responsible sports betting.

BetMGM announced on Thursday the launch of its mobile app at Gold Strike Casino Resort in Tunica, Mississippi. MGM Resorts also counts with retail sports betting in the state at its Beau Rivage Resort & Casino in Biloxi.

Weve had great success with the opening of the BetMGM Book Bar & Grill at Gold Strike and are thrilled to complement our retail offering with the launch of the BetMGM mobile app in Mississippi, said BetMGM CEO Adam Greenblatt on the announcement.

The BetMGM mobile app is now available for download in the state, and utilizing geolocation technology, enables all guests on-premise at Gold Strike to place pre-game, live in-play, futures and parlay wagers from any mobile device.

Earlier this month, MediaTroopers was granted a temporary sports betting supplier license for Arizona by the states Department of Gaming. The companys portfolio powers operations by US online casinos and sportsbooks including heavyweights DraftKings, FanDuel, MGM, Golden Nugget Casino, and Bet Rivers.

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MediaTrooper to go live in Mississippi alongside BetMGM this weekend - Yogonet International

CHICAGO and WASHINGTON, Sept. 24, 2021 /PRNewswire/ --As part of Responsible Gaming Education Week, Rush Street Interactive, Inc. (NYSE: RSI) ("RSI" or the "Company"), a leading online casino and sports betting company in the United States,today became the newest partner of the American Gaming Association's (AGA)Have A Game Plan.Bet Responsibly.public service campaign.

The Have A Game Plan campaign focuses on educating sports fans about the core principles of responsible sports betting: setting a budget and sticking to it, keeping betting social, knowing the odds, and playing with trusted, regulated operators. Through its commitment to the campaign, RSI will integrate Have A Game Plan content into its consumer marketing, employee training, and overall responsible gaming strategy.

"Responsible gaming is at the core of our business and joining AGA's Have A Game Plan campaign is an important extension of these efforts," said Tammi Barlow, RSI director of corporate social responsibility. "It is crucial that our industry prioritizes the protection of those who are vulnerable to gambling problems and others affected by their behavior. Through this partnership with AGA, we will continue to provide our players with new, user-friendly tools and resources to wager responsibly, while ensuring our employees are positioned to provide the best possible customer service and care."

RSI's commitment to Have A Game Plan follows the Company's recent build out of its compliance and corporate social responsibility function and ongoing deployment of innovative responsible gaming tools within its products, such as its RushPay feature that enables fast, transparent, and non-cancellable withdraw and refund capabilities.

"As legal sports betting increases in popularity and availability, the success of the industry relies heavily on educating players about responsible gaming," said Casey Clark, AGA senior vice president. "We're proud to have Rush Street Interactive join us in this important endeavor."

As the market continues to expand, Have A Game Plan is aligning new and existing industry stakeholders behind a consistent responsible gaming message. RSI joins official campaign partners Monumental Sports and Entertainment, NASCAR, New York Jets, NHL, PGA TOUR, SeventySix Capital, Sinclair Broadcast Group, UFC, Vegas Golden Knights, and Washington Football Team, as well as other gaming operators and suppliers.

AGA'sResponsible Gaming Education Week, from September 19-25, educates consumers on responsible play and highlights responsible gaming's central role in gaming and sports betting.

For more information, please visitHaveAGamePlan.org.

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. RSI's actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, RSI's expectations about its partnership with AGA and its promotions and initiatives related to this partnership. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside RSI's control and are difficult to predict. Factors that may cause such differences include, without limitation, changes in applicable laws or regulations, unanticipated product or service delays, and other risks and uncertainties indicated from time to time in RSI's most recent Annual Report on Form 10-K, including those under "Risk Factors" therein, and in RSI's other filings with the SEC. RSI cautions that the foregoing list of factors is not exclusive. RSI cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. RSI does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

About the AGA

The American Gaming Association (AGA)is the premier national trade group representing the $261billion U.S. casino industry, which supports 1.8 million jobs nationwide. AGA members include commercial and tribal casino operators, suppliers, and other entities affiliated with the gaming industry. It is the mission of the AGA to achieve sound policies and regulations consistent with casino gaming's modern appeal and vast economic contributions.

About RSI

RSI is a trusted online gaming and sports entertainment company focused on regulated markets in the United States and Latin America. Through its brands, BetRivers.com and PlaySugarHouse.com, RSI was an early entrant in many regulated jurisdictions and is currently live with real-money mobile, online and/or retail operations in ten U.S. states: Pennsylvania, Illinois, New Jersey, New York, Michigan, Indiana, Virginia, Colorado, Iowa and West Virginia. RSI is also active internationally, offering its online casino and sportsbook in the regulated gaming market of Colombia on RushBet.co. RSI offers, through its proprietary online gaming platform, some of the most popular online casino games and sports betting options in the United States. Founded in 2012 in Chicago by gaming industry veterans, RSI was named the 2020 Global Gaming Awards Digital Operator of the Year and the 2021 EGR North America Awards Casino Operator of the Year, Customer Services Operator of the Year and Social Gaming Operator of the Year. RSI is committed to industry-leading responsible gaming practices and seeks to provide its customers with the resources and services they need to play responsibly. For more information, visit http://www.rushstreetinteractive.com.

SOURCE Rush Street Interactive

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Rush Street Interactive Partners With The American Gaming Association's Have A Game Plan. Bet Responsibly. Campaign - PRNewswire

Gambling comes in many shapes and forms. A simple Google search will reveal umpteen number of sites and sources to gamble online from the comfort of your home. These websites wont reveal or might reveal a bit later whether they are legal or not in your country of residence. If you gamble online, and it turns out to be illegal in your country, you could face a hefty fine and punishment for transgression of the law. To bypass this, you can play at Gclub because it is one of a few legit offshore casinos serving players from around the globe.

If it is not illegal, then you can have a bit of fun playing in a relaxed state of mind. These two scenarios are not the only ones that can happen. Thats why gamblers need to know whether it is safe to gamble from where they are, what the rules regarding online gambling are in their state or country of residence, and what could happen should they fall afoul of the law.

Several countries have different legislation regarding online gambling. Some have outright banned it, some have legalized it, and yet others are quite murky when it comes to details about such laws. This article attempts to bring some light to this issue.

The United States, Canada, and the UK are examples of countries with some form of rules and regulations concerning online gambling. We delve into them more below.

There are laws at federal and state levels in America. States also have the right to draw up separate laws and regulations for online gambling. Traditional gambling is more or less well-regulated, but online gambling has come under scrutiny for the financial transactions that take place in its name. Some states prohibit wire transfer of money in betting games unless both the states involved in the transaction have laws that specifically allow it.

Canadian legislation is not clear regarding online gambling, although it is not illegal. The Act in place does not have jurisdiction to deal with online gambling and cannot outlaw any websites or companies.

The UK has strictly regulated gambling in all its forms and has a commission that grants and withdraws licenses of gambling companies and websites. The primary objective of such legislation is to ensure that crime is not financed with the earnings from gambling.

Only eight countries in the world have banned online gambling or gambling in any form. These are:

Other countries often have murky laws or none at all about online gambling. This means that you cannot be penalized for playing online gambling in most countries of the world.

Countries that have little to no regulation for online gambling often choose the path of complete prohibition. Examples of this would include China, Hong Kong, and Russia.

Asian has the most restricted market and the most customers simultaneously. While the governments have attempted to ward off all forms of gambling except for government-run lotteries, several international websites are willing to accept gamblers from China.

Hong Kong has relatively more freedom concerning gambling but has largely chosen to follow chinas model and attempt to prohibit gambling altogether. Punishments are present for both players and operators.

In 2009, Russia enacted a sweeping on all forms of gambling, and online gambling fell into this spectrum too. Although there has been a slow reversal in this, the overall statement is still prohibition.

Countries that regulate online gambling have shown promising returns to them, while those who havent have seen illegal methods rise.

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How Different Countries Regulate the Gambling Industry - Qrius

Blockchain technology brings a faster and more convenient way to conduct transactions over the internet from retail to financials, even extending as far as online poker. As one of the most played online gambling games, poker has brought a rise in users, and in turn, an increasing number of fake websites, deterring new players from ever starting to play.

While many argue that online poker is not rigged, many concerns have stemmed from the lesser-known sites. Regardless of the number of licenses or other approvals an online platform may have, many are still skeptical of things operating completely right on the other side, whether it is the actions taken so the room can charge the highest rake or certain players being preferred.

With blockchain technology, every hand dealt is recorded, so players can have full transparency into gameplay. Therefore, players will no longer need to rely on an unknown third party making claims about their websites trustworthiness.

The technology itself brings a more fair mechanism that allows players to bet on a publicized algorithm, ultimately supporting the grand gambling experience. But, what is even more unconventional for online gambling is the concept of play-to-earn, bringing forth new opportunities to enhance game immersion and build an interactive metaverse. Platforms can use a metaverse to create a setting where players can collect digital assets, adding a new layer to online gaming and further extending its appeal to a new audience group.

Polker is one platform striving to make this experience a reality. The platform is currently preparing to release a play-to-earn beta game later this month with intended support for next-gen VR, 3D characters, visual effects and environments. The platform makes the game available for everyone to play, even those who want to sharpen their skills without putting any money on the line.

Their team shares, their mission is to increase interest in poker and NFTs in the cryptocurrency space. They continue, by merging the two, they can bridge the way for future projects while using blockchain as a mechanism to provide provably fair gameplay.

To bring a level of fairness to the blockchain, Polker leverages their patent granted technology, the True Random Number Generator (TRNG). TRNG begins with the players seed, combines it with the Polker platforms seed and the random nature of the block hash value, guaranteeing the randomness of the number generated. TRNG is used in conjunction with the potential of the blockchain to provide full transparency, further preventing cheating and other fraudulent practices. All gameplay data is stored in the hash of a smart contract, so the raw values can be compared and verified to prove no manipulation has occurred.

While the blockchain makes it trustworthy, the platform is also making a play for extended functionality. By leveraging Unreal Engine 4, a powerful 3D creation platform, Polker can create the immersive experience lacking from many major poker sites.

Other notable partnerships include Chainlink (LINK), an open-source, decentralized oracle network integrated into the Polker platform. The integration will provide a more decentralized and trusted service to players. An initial implementation of Chainlinks on-chain live price feeds will replace the current API in Polkers patented Multi Crypto Marketplace protocol.

Further, Chainlinks oracle system on the high-throughput EVM compatible with Polygon (MATIC) network will ensure the most up-to-date on-chain price data is available to players. A similar approach is already being leveraged by Augur, a prediction market that requires both live and precise data.

In light of this news, the Polker team has announced a giveaway of ten nonfungible tokens (NFTs), with the first prize being a Holo Ultra-Rare, previously sold for over 12,000 (3.38 ETH) on OpenSea.

Polker intends to make the online game platform more than just poker. With the rise of NFTs, online gaming is becoming a way for players to collect and earn NFTs that they can share with their friends and a larger community.

Recent announcements have also pointed to Sept. 24, 2021, as the date that the staking of Polkers native token will go live.

With many advancements to come, its no wonder why the R&B superstar Akon gave the platform a shoutout.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

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Akon gives the play-to-earn poker platform a shoutout for being the next wave of gaming - Cointelegraph

Gambling is one of the most dominant hobbies in almost any part of the world. People tend to throw poker nights at their own basement, go to sports events and place wagers, or play casino games to fulfill their desire for entertainment. As far as casinos go, they can be incredibly luxurious resorts that tourists visit on their travels, but are they really the best providers of luck-based games?

If we are talking strictly about gambling, chances are you will have a way better time playing in an online casino. Here we will go over some of the main advantages of playing at online gambling parlors over physical casinos.

One of the clear advantages is accessibility. You can basically play online from anywhere so long as you have access to the internet. Making a trip to a gambling joint just adds more time, and it makes no sense for anyone to go in for a 10-minute game and get out.

This type of flexibility is available if you play online and its one of the reasons people prefer this type of play. In fact during the recent pandemic more and more users made accounts at different gambling platforms just to kill time. As a result, the revenue of online casinos almost tripled during these lockdowns around the world. Moreover, regular casino goers could play at their favorite institutions which is why they turned to online gaming.

Digital casino platforms were available even back in the 90s. However, at that time, the Internet connection wasnt as widely available as it is today. Moreover, people were still skeptical about spending money online and sharing their credit card information. Nowadays, thats not the case. Although online fraud is still a thing, the gambling industry is highly regulated and that also extends to online casinos. In fact, they dont take cash so from that perspective they are a safer choice in the eyes of the regulators.

In case you have never played online and dont have an account with an online casino, you should do a little background check on the operator. You can check who regulates them and what their license number is. Alternatively, you can find a list of trusted fast withdrawal casinos Ireland platforms, or any other country for that matter, as they offer top-tier games and give you immediate access to your winnings or so-called instant payouts.

Some of these instant pay casino sites even give you an option to pay using cryptocurrencies which can also mean that you wont have to make an account. You can play completely anonymously and keep your information private.

Now for the most part this doesnt play a big role in an overall player experience. That being said, a bigger player base is something that poker players really appreciate. Poker is one of the most popular games ever, and its one of the rare casino games that can be played professionally, after all, there are tournaments now every year.

Since you need multiple people at the table for a game to be truly interesting, a bigger player base really comes in handy. If there are more people online who are queuing up for poker games that means you will find a match reliably quickly.

There are some differences though. Each player has a timer so you have to make decisions quicker, but thats only there to ensure one game doesnt last for hours and that people can frequently rotate and get turns.

As far as the atmosphere goes, you can have a similar experience to a real casino thanks to the live games rooms. Here participants can play with their cameras turned on and even interact with a live dealer.

Perhaps one of the biggest reasons for you to play on a fast payouts gambling platform, are the bonuses. Anyone who plays online will tell you that almost every casino has a welcome offer for new players. These promotions can sometimes double or even triple your first deposit, and give you other benefits like free chips, bets, or spins.

Now lots of these offers look really good, and really similar on the surface levels but they can be very different when it comes to their terms and conditions. For example, some of them can only be valid for 7 days, whereas others can last up to 30 days which is significantly better. Some might have times 2 or times 3 wagering requirements, whereas others might ask you to wager 10 times the bonus amount.

So, always go over these details as they determine whether taking the bonus is even worth it or not.

The final reason why online play is superior is the game library. Now the number of available games can vary a lot depending on the platform and company behind it, but if lets focus on top players on the market. These operators offer an incredible selection of slot games or pokies if you are in Australia, literally thousands of titles.

Furthermore, these are not just simple re-skins, the games can vary in their RTP, a number of pay lines, or reels, and some of them might have a completely unique scoring system. Meaning, you wont ever run out of options or feel like you have to play the same games over and over.

Although online casinos lack the shining and opulent environment of the institutions in Las Vegas or Atlanta, they do offer incredible perks. Big casinos want to give a visit youll always remember while online casinos aim to provide a gameplay experience that will never be boring. They heavily invest in the quality of games and diversity, in order to ensure there is something anyone can enjoy.

More:

5 Reasons To Give Preference To Online Casinos With Fast Payouts - Salon Priv Magazine

MaximBet enters market as the industry's only 360-degree entertainment experience, bringing the best in online betting and epic real-world experiences onto one platform

WENZHOU, China, Sept. 20, 2021 /PRNewswire/ -- ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZKIN", "ZK International") congratulates its investee company MaximBet.com ("MaximBet") on the recent launch of its online sports betting license in Colorado, USA. The online sports betting and casino operator beat expectations for its Colorado opening weekend, successfully activating its strategy of delivering a full entertainment experience to its players.

(PRNewsfoto/ZK International Group Co., Ltd.)

(PRNewsfoto/ZK International Group Co., Ltd.)

Hyper-focused on quickly capitalizing on the growth of the US market, Colorado represents the first of many State launches for MaximBet. It will continue to expand into Indiana, Iowa and New Jersey throughout Q4'21 as part of its 10-year multi-state market-access partnership with Caesers Entertainment. In 2022 Maximbet will expand to additional States with the company expecting to be live in at least 50% of the legalized US market by the end of the year.

MaximBet provides Coloradans with immediate access to promotions, the best odds on sports and money-can't-buy experiences. The brand will host an invite-only Halloween Party on October 30th in Denver for members of MaxRewards, the company's loyalty program, featuring celebrities, nationally recognized DJs and exclusive MaximBet merchandise and more. In addition, Colorado players will receive a special welcome offer: a 100% deposit bonus match of up to $1,000.

As part of the Maxim brand family, Maximbet is also rewarding fans with a chance to win a trip to Los Angeles in February 2022 for The Big Game. The prize package includes tickets to the hotly-anticipated annual Maxim Big Game Party, plus free flights, hotels and spending money. For more info visit https://biggamecontestla.com.

"MaximBet is the first true lifestyle sports betting brand, offering great promotions and a full slate of leagues and props, all anchored around real-life rewards that players won't be able to experience anywhere else," said Daniel Graetzer, CEO, of MaximBet. "Coloradans are passionate sports fans, and we are excited that we can now provide them with not only a user-friendly betting platform, but also ways to earn and enjoy money-can't-buy experiences and access through our partnership with Maxim."

Story continues

MaximBet players can live the "Maxim lifestyle" with exclusive platform offerings like:

Exclusive Prizes and Experiences: MaximBet brings the most exclusive real-world experiences to every State in which it operates, as well as awesome virtual experiences for players wherever they are located. For example, MaximBet gives players the chance to win the opportunity to share a bet with their favorite influencer or celebrity and then watch a game together.

Every League, Every Event: NFL. MLB. NBA. NHL. PGA. MMA. You name it. MaximBet has every league and every sport covered, so there's always something big to make your day. No matter your game, you'll find sharp odds and the best props for every event on the schedule, 365 days a year.

Top Shelf Customer Service: MaximBet is committed to its players, ensuring an unparalleled, top shelf guest experience each time they play. With customer agents on standby 24/7, MaximBet players never go unattended.

More On The Way: If jackpots and slots or high stakes blackjack are more to your taste, then stay tuned for MaximBet casino, launching soon.

As MaximBet continues to expand in new areas, responsible gaming remains a key focus. MaximBet is proud to provide resources to help customers play responsibly.

The MaximBet app is available for download in Colorado on both iOS and Android, and accessible via desktop at MaximBet.com.

"ZKIN continues to solidify its core business driving record breaking revenue while further diversifying its technology investments into the rapidly growing US Gaming Industry and blockchain opportunities," said Chairman Jiancong Huang.

About MaximBet

Established in 2017, Maximbet.com is a rapidly-growing licensed sports betting and casino operator that is hyper-focused on capitalizing on the multi-billion dollar legalized Sportsbetting and iGaming industry in the United States. The company was formed by top executives with more than 100 years of collective experience in the gaming industry and utilizes proprietary technology to build personalized consumer betting experiences. Harnessing the power of the Maxim men's lifestyle brand, MaximBet gives players incredible real life and virtual access to celebrities, athletes and influencers, and lets guests truly live the Maxim lifestyle wherever they live and play.

About ZK International Group Co., Ltd.

ZK International Group Co., Ltd. is a China-based engineering company building and investing in innovative technologies for the modern world. With a focus on designing and implementing next-generation solutions through industrial, environmental and software engineering, ZKIN owns 28 patents, 21 trademarks, 2 Technical Achievement Awards, and 10 National and Industry Standard Awards.

ZKIN's core business is to engineer and manufacture patented high-performance stainless steel and carbon steel pipe products that effectively deliver high quality, highly-sustainable and environmentally sound drinkable water to the Chinese, Asia and European markets. ZK International is Quality Management System Certified (ISO9001), Environmental Management System Certified (ISO1401), and a National Industrial Stainless Steel Production Licensee. It has supplied stainless steel pipelines for over 2,000 projects, which include the Beijing National Airport, the "Water Cube" and "Bird's Nest", which were venues for the 2008 Beijing Olympics. ZK International is preparing to capitalize on the $850 Billion commitment made by the Chinese Government to improve the quality of water, which has been stated to be 70% unfit for human contact.

In 2018, ZKIN established its wholly-owned xSigma Corporation to develop innovative software solutions that support its core operations while exploring new opportunities in smart contracts, distributed ledgers, supply chain management and blockchain architecture. The xSigma Labs team is made up of world-class developers and engineers formerly of Facebook, Google, Amazon, Ripple and 1inch, most recently launching its first DeFi project in the Fall of 2020.

In March of 2021, ZKIN announced the formation of its new wholly-owned subsidiary, xSigma Entertainment Limited. It was established as part of ZK's integrated network of companies focused on developing and investing in innovative software technology platforms. xSigma Entertainment's mandate is to acquire assets in the high-growth US gaming market. Sigma Entertainment aims to increase shareholder value by targeting and investing in early-stage online gambling businesses that are poised for exponential growth and exits.

For more information please visit http://www.ZKInternationalGroup.com. Additionally, please follow the Company on Twitter, Facebook, YouTube, and Weibo. For further information on the Company's SEC filings please visit http://www.sec.gov.

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict and many of which are beyond the control of ZK International. Actual results may differ from those projected in the forward-looking statements due to risks and uncertainties, as well as other risk factors that are included in the Company's filings with the U.S. Securities and Exchange Commission. Although ZK International believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by ZK International or any other person that their objectives or plans will be achieved. ZK International does not undertake any obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Investor Contact:

Sherry ZhengWeitian Group LLCEmail: shunyu.zheng@weitian-ir.com Phone: +1 718-213-7386

Cision

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SOURCE ZK International Group Co., Ltd.

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MaximBet Launches in Colorado to Big Opening Weekend, Announces First-ever Halloween Party For Sports Fans - Yahoo Finance