Contrary to what its competitors are doing, UK-listed bookmaker Paddy Power Betfair is planning to inject an additional £10m (US$13.53m) into its Australian brand Sportsbet.

The Irish-based company said it is imperative to inject additional capital to Sportsbet now while their competitors are distracted with mergers and takeovers. Despite reporting a revenue drop in Australia, Paddy Power Betfair CEO Peter Jackson expressed confidence about the company’s prospects in the country. Hopefully, Jackson could maintain this positive outlook when two of the biggest betting states in Australia—Victoria and New South Wales—start the implementation of new state-based digital wagering taxes.

In this interview with CalvinAyre.com’s Stephanie Tower, the Bloomberg Intelligence analyst said that striking the right balance between high-end and mass-market customers should be the number one priority of Asian gambling operators.

Seats are running out for the first CoinGeek.com Conference, which will feature a series of seminars that will highlight why Bitcoin Cash is fast becoming the go-to cryptocurrency in the eCommerce industry.

The Asian casino operator announced that its net revenue grew to US$1.31b in the first quarter of 2018, a 3% increase from the $1.27b recorded last year.

The U.S. gaming operator has expanded its clout in Asia after it bought out its local partner in its Incheon casino project.

The U.S. regional casino operator paid $100m to acquire more than 1,000 video gaming terminal units from Lattner, securing a significant chunk of the VGT market in Illinois.

The social game developer‘s revenue rose 7% year-on-year to $208.2m in the first three months of 2018, thanks to increased mobile activity and the growth of the company’s flagship product.

Rodrigo Maia urged his colleagues to forego further debate on expansion items, such as bingo halls and lotteries, to give the proposed gambling bill a chance of passing the Chamber of Deputies.

In 2010, an anonymous punter placed the biggest bet in the history of World Cup. The gutsy gambler staked £417k on Germany beating Spain in the semi-finals at odds of 10/11. However, the punter had to say auf wiedersehen to £800k in winnings when Spain netted a goal in the 73rd minute and the Germans were denied a late penalty.

Bitcoin Cash has joined the list of supported currencies for account balances on the recently revamped 1xBit platform.