Industry news
World Bet Exchange has closed its betting exchange due to “the rising costs of regulatory compliance and levies in the United Kingdom”. Although betting will be suspended, members will still be able to log in to withdraw their funds and to see their balances and unsettled bets, a company advisory said. WBXMail will remain operational and all long-term markets will be settled in the normal way when results are known. Malcolm Gray, chief executive officer of WBX said in a...
The destiny of Japan's casino bill may lay in the hands of the voters in April's municipal elections, as many believe that the country's Prime Minister Shinzo Abe plans to wait until then before giving the decisive push to the legislation that will allow casino gambling in Japan. Strongly supported by Japan's ruling Liberal Democratic Party (LDP) and by Abe himself, Japan's casino legislation was one of the hottest topics in the gambling industry during 2014. If approved, it is...
Integration of Bitcoin as a means of payment is one of the most important events in the history of online gambling. Today, this process is actively continuing, and this year should become a landmark for the cryptocurrency. It is not a surprise that this digital currency may provide many advantages. Besides, you can play online gambling for Bitcoins everywhere, even in a country where it is strictly regulated or prohibited. How does cryptocurrency influence the online gambling market? The participants...
The NOVOMATIC Group is one of the biggest producers and operators of gaming technologies and one of the largest integrated gaming companies in the world. The group employs more than 22,000 staff worldwide. Founded by entrepreneur Professor Johann F. Graf, the group has locations in more than 50 countries and exports high-tech electronic gaming equipment to 80 countries. The group operates more than 232,000 gaming machines in its about 1,500 plus traditional and electronic casinos as well as via rental...
Live dealers have become a standard in online casinos, a seal of quality that every casino strives to achieve. Live dealers offer a more realistic online gaming experience. We take a look at two of the biggest software companies, Playtech and Microgaming, checking how their live dealer platforms perform one against the other. Playtech Variety Playtech operates two live gaming platforms, European and Asian. One of Playtech's strongest points is its variety of games: Within their European and Asian offerings,...
