Venezuela Expands Casinos, Approves Cryptocurrency Payments

Related

Net News Ledger

The Impact of Gambling on Canada’s Economy

Canada's gambling industry is huge and it is creating a big impact on the country's economy. At this time, there are more than 30000 lottery centers, 96000 electronic gaming machines, and 70 casinos. Even way back in 2010/2011, the revenue from gambling stood at an impressive $13.9 billion, which is, of course, much higher now. Thousands of people…

Travel ・ 03 July 2024

asianews.network

Indonesia’s civil servants, lawmakers in the grip of online gambling

JAKARTA - The nation's online gambling controversy has deepened following reports that Indonesians from all walks of life have become addicted to the practice, including some civil servants and lawmakers. Over the past few weeks, President Joko "Jokowi" Widodo's administration has been scrambling to discourage people from engaging in online…

Gambling Addiction ・ 28 June 2024

largest.org

6 Biggest Countries by Casino Revenue

Casinos significantly impact the global economy, with the market projected to reach over US$100.90bn in 2024. This figure highlights the important role of gambling establishments worldwide. They create jobs and increase tourism. This attracts visitors from all over. More visitors help local businesses like hotels and restaurants. They also boost…

Finance ・ 29 May 2024

The Shields Gazette

Nigeria: Lagos Gambling Regulator LSLGA Issues Ban On Unlicensed Gambling Sites

The Lagos State Lotteries and Gaming Authority (LSLGA) issued a ban on unlicensed operators, instructing citizens to refrain from betting on illegal platforms.DISCLAIMER: This is sponsored content. All opinions and views are of theadvertiser and do not reflect those of The Shields Gazette The Lagos State Lotteries and Gaming Authority (LSLGA) is…

Law ・ 23 November 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

The Jerusalem Post

Crypto & online casinos: Canada Is experiencing a digital revolution

In recent years, our world has gone through some major changes due to the digital revolution, introducing fresh and exciting ways to engage with technology. One of the areas that has seen a dramatic shift is the world of money, thanks to the rise of cryptocurrencies. Also, the online realm, including online casinos, has jumped on board this…

Crypto ・ 30 October 2023

Tech Zimo

Economic Impact of Canadian Online Casinos: Contributions to Local Communities

Although the main goal of Canadian online casinos is to provide leisure and entertainment, their impact on the national economy is undeniable. Namely, according to stats, in 2022, the online gambling industry in the Great White North reached $12.5 billion, while by 2027, it should generate $912 billion. With that in mind, the gambling industry…

Industry ・ 23 October 2023

Movies Games and Tech

Factors that Aided in the Growth of Canadian Online Casinos

The gambling market in Canada is one of the biggest and most renowned worldwide. The Great White North has a long history of traditional gambling, reaching all the way back to 1758 when a lottery was introduced. But with the rise of technology and online gambling, Canadian online casinos have become increasingly popular. The country has made it a…

Payment Methods ・ 11 February 2023

Gambling News

Cambodian Illegal Gambling Scene Almost Completely Shut Down

Cambodia is on a full-on large-scale war against illegal gambling nationwide. The police have reportedly been conducting an operation throughout the entire country for more than a week now, and the results are astounding, at least according to reports citing local authorities. No matter how successful these operations may sound, it still leaves a…

Law ・ 03 October 2022

RELATED LOCATION

Country

Venezuela

Country

USA

State

Nevada

Malta Today

Thailand considers legalising casinos

Gambling has existed in various forms across the world throughout history, experiencing both tolerance and prohibition depending on the period of time and locality. Since the 1930s, Thailand's relationship with gambling of all kinds has been tense. The first half of the 20th century saw the country pass the 1935 Gambling Act, prohibiting all forms…

Travel ・ 03 September 2022

Programming Insider

El Salvador Pioneering in NFT Casinos

Many countries across the globe are making efforts to legalize gambling activities to generate additional revenue streams. With the global economy suffering from inflation, finding ways to make money is even more important. Latin America is arguably one of the most prosperous regions for new online gambling operations. El Salvador, in particular,…

Crypto ・ 01 September 2022

Landscape Insight

How do popular Casino Games like Baccarat and the Gaming Industry impact the UK Economy?

Gambling has risen through leaps and bounds to become one of the UK's leading industries in terms of revenue generation. A few years back, in 2018, a study showed that the gross gambling yield had hit an all-time high of £14.5 billion (stats via FinSMEs.com). You can understand why the industry was exciting to learn the news and, of course, the UK…

Games ・ 28 June 2022

Yogonet

Latin America in 2022: opportunities for online casino operators

Slotegrator, a global iGaming software developer and aggregator, has released a new overview of the iGaming market in Latin America. Ayvar Gabidullin, Business Development Manager at the company, explains in this column the various emerging markets in the region, including Brazil, Mexico, Argentina, Colombia, Panama, Costa Rica, Belize, and Peru,…

Gaming Authorities ・ 08 June 2022

RELATED CATEGORIES

Category

Crypto

Category

Travel

Category

Land-based

The Nation Roar

The Economic Impact of Online Gambling

Casino legalization is divisive because, unlike other forms of entertainment, gambling has historically been viewed as immoral, dumb, and illogical, and gaming imposes social and economic costs on both gamblers and nongamblers. However, moral reasons and religious influences against casino gambling have faded in many communities over time. The…

Sports ・ 04 May 2022

Market Research Telecast

Is Cryptocurrency Gambling Legal in the USA?

The USA is one of the biggest markets in the Gambling Industry, and the capital of gambling, i.e., Las Vegas, is also situated there. The increasing popularity of cryptocurrency attracted various casinos to trade with and boost them to go online. To survive in the competition, the online casinos in the USA decided to merge with cryptocurrency to…

Crypto ・ 13 April 2022

BRYTFM Online

Economy Projections after Legal Gambling in Canada

With the arrival of legal gambling in the province of Ontario set to come into force in the imminent future, there has been a lot of discussion around the impact it could have on the entire economy of Canada. Naturally, there will be many that will be looking forward to the introduction of the wagering activity, as there will be a number of…

Mobile ・ 01 April 2022

Gambling News

Pragmatic Play Launched Bingo in Venezuela via Facilitobet

Supplier of online casino game content Pragmatic Play announced today its reach in the Latin American region has expanded with the launch of its award-winning bingo product in Venezuela. The launch of Pragmatic Play bingo happened as part of an expanded partnership deal with Facilitobet that made the operator the first online gaming brand in…

Bingo ・ 28 February 2022

Cryptomode

What makes bitcoin gambling attractive?

During the lockdowns, online casinos have witnessed an increase in popularity. Starting an online casino can be a very successful venture, as seen by some of the many success stories in the industry. Bitcoin is the most popular cryptocurrency because of its high value in dollars. It is now commonly accepted as a means of payment at a broad range of…

Strategy Guide ・ 14 January 2022

Market Research Telecast

Nicolás Maduro revives casinos in search of oxygen for the Venezuelan economy

10 years ago, Hugo Chávez ordered to close all casinos and bingo halls in Venezuela. The measure left more than 100000 unemployed and dozens of huge abandoned buildings. Now, his successor has authorized the operation of 30 establishments throughout the country. It is another sign of the liberal turn that the Government has been taking, cornered by…

Covid ・ 06 September 2021

Casino News Daily

Philippine President Lifts Boracay Casino Ban

In a policy U-turn, Philippine President Rodrigo Duterte has lifted a ban on casino operations on the resort island of Boracay, saying he needs money to "pay a lot of expenses and keep the government running." In a televised address, the Philippine's top official apologized for his change of heart on gambling on Boracay, but went on to note that he…

Covid ・ 30 August 2021

Salon Privé

Tips On Payment Systems For Online Casinos

Players may use various payment systems at online casinos, including fiat currencies, cryptocurrencies, e-payment platforms, and online banks. These systems have their unique advantages and disadvantages, which may appeal to you or draw your ire. For instance, cryptocurrencies are fast, secure, and less costly, but they are common instruments for…

Strategy Guide ・ 21 August 2021

The Rio Times

Gambling rules and regulations in Brazil

RIO DE JANEIRO, BRAZIL - Brazil is the biggest country in Latin America, with a population of over 207 million. While Brazil ranked sixth in 2011 on the list of countries with the biggest economies, in the following years it started declining and is currently the ninth-largest economy in the world. Having such a large population, it is inevitable…

Law ・ 14 August 2021

New Europe

The new treaty that could transform Germany’s gambling industry

Germany's gambling industry has been the centre of much debate in recent years, with regulators seeking to soften some of the strictest laws in Europe. The new Interstate Treaty on Gambling (ISTG 21), which came into force on July 1, contains some of the biggest changes to gambling legislation in the country's recent history. Online gambling,…

Industry ・ 20 July 2021

Mumbai Live

The Future of the Indian Gambling Industry Is Looking Bright

India is home to 1.39 billion people, and more than 560 million of them are regular internet users. This makes the country the second-biggest online market worldwide, coming in behind China only. It makes sense India has witnessed a rise in remote gambling in recent years as more and more locals decide to take their betting action online. Despite…

Industry ・ 03 June 2021

Black Immigrant Daily News

Legality Issues of Latin American Online Gambling in 2021

News Americas, NEW YORK, NY, Fri. May 21, 2021: The modern casino market grows and develops all the time. Countries, where such a sphere is legal, are prospering due to the massive income that casinos contribute to the national treasury. Latin America is an area where the question of casino legality depends on the countries' government policy.…

Law ・ 22 May 2021