Just two months after the record breaking launch of mobile sports betting, the expansion of New York online gambling into casino games is being proposed in new legislation. Well, that didn’t take long did it?! The political force behind the bill which regulated mobile sports bets, State Senator Joseph Addabbo, is now pushing a new bill seeking to do the same for online casinos.However, unlike the somewhat absurd tax rate of 51% imposed on mobile sports books, web based casinos would only be taxed at 25%. Addabbo’s Senate Bill 8412 specifically seeks to “authorize online interactive gaming” and collect a…

As an American company, PayPal gambling transactions have always been a bit of a risk. In fact, it was only a few weeks ago that we covered stories on PayPal freezing gambling funds for some of their customers. But things are changing, and the company not only sees these changes, they want their cut of the action. PayPal is actually processing transaction for the online gambling industry, just not for players in the United States. At least not yet. The company recently changed their policy of prohibiting online gambling payments for customers in the United Kingdom. Customers there are currently…

In 2021, gambling in America set an all-time revenue record for the commercial gaming industry. Revenue reached $53 billion, according to our friends at the American Gaming Association. This total shatters the 2019 industry record of just under $44 billion by more than 20%. The industry closed the year on a high note, setting an all-time revenue record for the last quarter of the year at  $14.3 billion, which eclipsed the previous quarterly record of $13.9 billion, also from 2021. “These results are nothing short of remarkable,” said AGA President and CEO Bill Miller. “The success of 2021 reflects our…

AIBC Dubai will take place on the 20th to 23rd of March at the Festival Arena by InterContinental Hotel Dubai Festival City. AIBC Asia announced this first event for 2022, and early bird tickets for the event offering advantageously priced packages are available to purchase until the 7th of February. Dubai’s future-looking economic vision has undoubtedly pushed the emirate to the forefront of the business world, with business-friendly regulation schemes, government support, and attractive taxation benefits. With the UAE ahead of the curve when it comes to frontier industries such as AI and Blockchain, the event offers unparalleled opportunities for…

It’s no secret that the government is reviewing the suitability of the 2005 Gambling Act as an intense spotlight was shone on the industry after two turbulent years in which COVID-19 rocked the United Kingdom and the rest of the world. The 2005 Act was introduced by Tony Blair’s Labour government as a way to liberalize gambling, allowing for outdated regulations from the 1960s to be replaced. However, 16 years is a very long time in terms of technological advancements, and the 2005 Act is already horribly out of date and due for modernization. With big changes inevitably on the…

Crypto online gambling markets are breaking more and more records. Combined with smart crypto solutions, the industry opens up new opportunities for operators and players. The changing market requires iGaming providers to be innovative and flexible. The growth of crypto gambling lead to new trailblazing mechanics. One of the examples is “crush”. With the multiplayer mode, this kind of game gained popularity quickly and remains in demand among operators and especially crypto players. Space XY, by BGaming, is a crash multiplayer game that recently appeared in casinos worldwide. The game has become a part of a game package for crypto…