Global gambling data indicate that about 26% of individuals play gambling games. We are aware that most things in life are a gamble, but we are looking at this problem from a more limited angle. This statistic states that 1.6 billion of the 7 billion people on the earth gamble. Even more amazing are the 4.2 billion individuals who play for real money at least once a year. When there is money involved, there are always people.
Release date: August 5, 2020
REASONS WHY CASINOS SHOULD BE ALLOWED
Running a casino is one of the most lucrative businesses one can engage in. As a result of the industry’s current rapid expansion, investing in it could be more lucrative than doing so in less well-known industries like the stock market, trust funds, or the information technology industry. Over the past few years, the gaming industry has significantly boosted the national budgets of most countries. More countries are thus striving to adopt this industry in an effort to increase their
Release date: August 4, 2020
SUN INTERNATIONAL CASINOS JACKPOT FOLLOWS LOCKDOWN
Sun International, one of the biggest casinos in South Africa, with facilities throughout eight distinct provinces. At their South African casinos, which range from GrandWest and Time Square to Sibaya, the Boardwalk, Sun City, and beyond, you may access a selection of table games and slot machines. Value chips, which guests may purchase at any table or at the cashier’s desk, are mainly used for table games at Sun International Casino. Slot machines that are available are another amusement for players.
Release date: July 31, 2020
Overview of the African gaming market: development, trends, and forecasts
Changes in the game industry have been happening quite swiftly as the internet has grown. The industry’s end-of-year reports and projections often provide bold predictions and engrossing information when seen globally. However, they could anger people who are interested in the economic prospects of Africa because the African gaming industry is routinely left out. Research and Markets forecasts that the gaming industry will see a
Release date: July 30, 2020
UK prohibits gambling marketing on broadcast and online
For a variety of reasons, the UK gaming sector has recently come under assault. A significant number of MPs have recently pushed the government to review the UK’s gambling regulations. They have also proposed a variety of measures designed to severely regulate the gambling sector. They also talked about how important safe gaming websites are. The legislative commission has issued a number of suggestions, including banning gambling-related marketing on television and the internet.
Release date: July 29, 2020
CAESARS Entertainment will no longer serve the South African market.
Caesars is selling all of its properties in South Africa, including a portion of the Emerald Resort & Casino. How does this affect you and the industry? Let’s look into it. Peermont is buying the Emerald Resort & Casino, a building in Vanderbijlpark, a suburb of Johannesburg. The same facility houses a sizable casino floor, a water park, and bungalow-style motels. The facility, which is valued at $70 million, is owned by Caesars to a 70 percent extent. It’s most likely not the
Released initially: June 3, 2019
Illegal gambling cases in Vietnam
Since April, there have been more successfully handled incidents of illegal gambling in Vietnam. Here is what is known about it and how it could affect gaming in South Africa. Vietnam’s gambling environment Vietnam is a difficult country for gamblers. Gambling is quite prevalent in the country. However, that is not allowed. No gambling is allowed in the country, with the exception of the National Lottery. Even sports betting is prohibited in South Africa, which is not the case there. The government is worried that its citizens
Release date: May 3, 2019
LABOR SAYS THE UK GAMBLING ACT NEEDS TO BE AMENDED
The UK has been the hub of European gaming for more than 10 years. Unquestionably, the UK Gambling Commission has registered hundreds or even thousands of casinos. Additionally, it accomplishes its job well. Thanks to the Commission, self-exclusion is now available to us and is a recognized practice in the gaming sector. The Commission promotes a favorable viewpoint on gambling. In fact, it’s so healthy that the top sportsbooks in Britain decided to stop advertising at certain periods.
Released first: March 8, 2019
The Netherlands imposes a ban on anyone who run illicit gambling businesses.
The Netherlands is working toward legalizing the gambling business, as we previously reported. It was unclear what steps the country’s parliament would take to make sure this happened. One thing is definite at this time. The market will be shielded against unlicensed businesses that are already operating there, target Dutch residents, or take on Dutch players. This limitation will continue to be in place until the legislation regarding
Release date: March 5, 2019
THE GAMBLING COMMISSION ANNOUNCES NEW RULES.
The Gambling Commission reportedly updated its KYC requirements for all owned organizations last week, according to the BBC. Previously, gaming websites had 72 hours to confirm the gamblers’ identities. Recent data from the Gambling Commission suggests that this might not be enough. All casinos must adhere by the new rule that demands player identification before a player can make any bets on the platform. Owners of casinos have until May 7 to