Genting hopes to outbid 13 other firms for Andorra's first casino license.

Genting placed a hefty $164.6m and proposed an integrated resort project for Andorra that will create 400 permanent jobs and 600 temporary construction jobs. The project will also feature two floors of private rooms and suites, a spa and a “gastronomy market.”

Cirsa matched Genting’s bid. Other firms which have expressed their interest in securing the casino license are Partouche, Barriére, Raineau and Casinos Austria. The winner of the project is expected to be announced by the end of June.

CalvinAyre.com’s Rafi Farber weighs in on the reported move of Bet365 to Malta and predicts that more gambling operators will follow suit.

At the inaugural CoinGeek.com Conference, Bitmain co-founder Jihan Wu underscored the need for miners to shell out a portion of their earnings to fund developments for the Bitcoin Cash ecosystem.

Chinese casino mogul Lawrence Ho revealed that the possibility of securing a casino license in Japan played a huge factor in why he ditched his 391 million Summit Ascent shares in 2017.

President Rodrigo Duterte fired two PAGCOR officials over allegations that they abused their positions and issued a license to a freeport operator.

The Agenzia delle Dogane e dei Monopoli has approved Playtech's plan to buy an estimated 70.6% of the issued share capital of Snaitech for a sum of €291m (US$359.2m).

Steve Schrier has been named the company's its new chief commercial officer, completing the streak of new appointments which include Doug Albregts as Gaming Division Group CEO, Tim Butcher as chief product officer, and Nikos Konstakis as the VP of the company’s new sportsbook.

Bootstrap — in marketing, this refers to a situation when an entrepreneur starts a company with little capital. An individual is said to be bootstrapping when he or she attempts to found and build a company from personal finances or from the operating revenues of the new company.

The European Gaming Congress, taking place in Ljubljana on October 16, will highlight updates and industry movements in several countries like Slovenia, Croatia, Serbia, Montenegro, Greece, Spain, Portugal, France, Italy, Malta and Austria.