![]() without destroying your principles. ![]() —Walter Cronkite |
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27th June 2018 | SHARE THIS
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The Story | |||||
Despite ramping up efforts to detect illegal gambling activity, Macau authorities have yet to arrest an illegal sports betting operator during the 2018 World Cup season. |
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The current situation is starkly different from what happened in 2014. |
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Around this time in 2014, Macau police had busted what could have been the largest illegal sports betting operation that it has ever seen. The betting ring reportedly handled HKD5b (US$645m) worth of World Cup wagers. The police said that despite the lack of sports betting-related arrests, they will continue their inspections until the end of the tournament. |
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SC ruling may be bad news for legal iGaming |
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Lawyer Martin Owens lays down the drastic implications of the U.S. Supreme Court ruling in South Dakota v Mayfair on the iGaming industry. |
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Facebook relaxes ban on cryptocurrency-related ads |
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The social media giant announced that while “ads that promote cryptocurrency and related content from pre-approved advertisers” are now allowed on the site, ads promoting primary options and initial coin offerings (ICOs) are still banned. |
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Udenna gaming unit goes public via PH Resorts backdoor | |||||
The Philippine casino investor will use its recently acquired publicly-listed Philippine H2O Ventures as the backdoor-listing vehicle for its gaming and tourism business. |
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Mizoram opposition lambasts minister over lottery scam | |||||
India’s Mizo National Front has accused Chief Minister Lal Thanhawla of being involved with lottery distributors that failed to remit accurate revenue to the state. |
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US tribal casinos set another new gaming revenue record |
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The National Indian Gaming Commission said that its gaming venues generated a gross gaming revenue of $32.4b in fiscal 2017, 3.9% higher than the fiscal 2016 result. |
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Jackpocket offers Minnesotans online lottery purchases |
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The Minnesota Lottery had signed a memorandum of understanding with the New York-based company which will allow residents to purchase lottery tickets through an app. |
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No bidders for Brazil’s Lotex instant lottery privatization | |||||
No company expressed interest in acquiring the instant lottery card business, depriving the Brazil government BRL542m (US$144m) of its National Public Security Fund. |
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Facebook and Twitter aren't the only social media platforms that a gambling business should focus on. Image-based social media sites like Pinterest and Instagram can also be tapped to promote gambling websites. Just don’t forget that Pinterest users are mostly women and on Instagram, good photos and hashtags are key to a wider reach. |
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BetConstruct at World GES 2018 |
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BetConstruct will be in Barcelona on July 3–5 to attend the World Gaming Executive Summit 2018, the biggest gathering of the industry’s top thinkers and representatives. |
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Kudos to Timur Margolin for staging a comeback at the World Series of Poker! Margolin won the $507,274 first prize in a $2,500 No-Limit Hold’em event, three years after losing heads-up in the same tournament. | |||||
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