The one thing that I know is that you win with good people.
—Don Shula
22nd August 2018  
 
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The Story

Twelve Chinese ministries and commissions issued a joint communiqué “resolutely prohibiting” the selling of lottery tickets online and vowed that they will track down persons and entities that will attempt to circumvent the said prohibition.

 

China’s three–pronged approach to combat illegal lottery

The plan said that the Ministry of Culture and Tourism will police the “unauthorized use of online sales in online games,” banking officials will monitor “the provision of payment settlement services” to illegal online operators, while telecom operators will ”clean up the illegal information on the Internet” regarding illegal lottery. China initially permitted two companies to participate in an online sales ‘pilot program’ but the program was suspended in March 2015.

 
 
 
 
 
 
 
 
 

Blockchain gaming needs faster, cheaper transactions

BitGuild CEO Jared Psigoda spoke with CalvinAyre.com’s Becky Liggero about how blockchain is going to disrupt the gaming industry.

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CoinGeek sponsors Satoshi Vision Miners Choice Meeting in Bangkok

The meeting, happening on August 30, will give Bitcoin BCH miners an opportunity to voice out their concerns on the issue of what should be the maximum block size pre-coded in a BCH full node implementation.

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  ASIA

Macau expected to see GGR increase by 15% in August

Two brokerages have reported that they expect the city’s gross gaming revenue to increase to between $3.22 and $3.27 billion in August.

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Casino operators continue sucking up to Osaka

MGM and Melco are wooing Osaka officials to get an integrated resort license which could translate to as much as $4 billion annually in gross gambling revenue for the chosen operator.

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  EUROPE

Why NetEnt looks like a good buy right now

CalvinAyre.com’s Rafi Farber makes the case on why you can invest on NetEnt, considering that the Swedish market has one of the more favorable risk profiles today.

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Finnish teen, parents stole €250k from Malta online casino

A Finnish teenager is now on trial after making 147 withdrawal requests from an online casino in Malta in just one month, allegedly getting €250,000.

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  NORTH AMERICA

Studio City still considering IPO in the US

Studio City International announced that its plan of having an IPO in the U.S. is still on the table, subject to favorable market conditions and clearance from the U.S. Securities and Exchange Commission.

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  WORD OF THE DAY
 

Micro-moment – a type of marketing which refers to making the best strategy that will capture your target consumer in a few seconds. The key here is that these small moments can be utilized wisely if the business has a consistent and correct online presence.

 
 
 
 
 
 
 

Call for AskGamblers Awards nominations is here

The AskGamblers team is urging the public to nominate their favorites for the Best New Casino 2018 and Best New Online Casino 2018 Awards.

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Congratulations to Hua Fung Teh for being appointed as the Chairman of ONE Championship in China! Teh, who joined ONE Championship in January 2018, previously served as the company’s Chief Financial Officer.
 
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