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It may still be too early to make a definitive call on the state of casinos across Asia, and everywhere else in the world, but there’s light at the end of the tunnel. COVID-19 has caused massive amounts of damage to gaming operators’ financial stability and, with new spikes of the coronavirus seen from time to time, recovery has been predicted to need at least three years by some industry insiders. However, things might be turning around and there is now an outside chance that casinos could rebound sooner than previously expected, particularly in Asia.

RAFI'S MARKETS

We may finally have some light at the end of this COVID tunnel. Even so, with stocks as ridiculously high they are, it’s impossible to know what happens now.

FROM OUR FRIENDS AT COINGEEK

Recently OKEx founder Star Xu was reportedly questioned by police and soon after the exchange suspended all withdrawals. Given that BSV based exchange FloatSV is partnered with OKEx, they were affected by this announcement as well.

DAILY ROUNDUP

PRESS RELEASE

Genting Casinos UK’s Senior Vice President, Corporate Assurance & Regulatory Affairs, Jon Duffy, topped the shortlist twice at the fourth annual Global Regulatory Awards, firstly for Outstanding Individual Contribution to Responsible Gambling and then for Chief Compliance Officer of the Year.

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