The NYX Gaming group, responsible for online betting information and technology supplies has come forth to expose that it has provided a letter aimed at assimilating the De Lotto and Dutch State Lottery facilities on its website and also introduce casino games on these websites.
The Chinese authorities have finally caught up with deceitful online betting taking place in Cambodia, 218 suspects were finally arrested after the authorities spent about a year investigating into the illegal online gambling system in Cambodia. The suspects were believed to have cheated more than 1, 000 customers a total amounting to RMB140 million, which is equivalent to US dollars 21.5 million.
March 17th served as a very important time for all parties involved, as it was during this day that the Moscow’s Betting Trends Forum for 2016 took place.
Those in attendance
Majority of the attendees were the Russian and the foreign betting representatives, a lot was discussed on the incorporation worldwide strategy aimed to help in the growth of the upcoming Russian powerhouse market. No party went home disappointed.
Bookies in the United Kingdom were expecting an increase in the duty to the machine games on Wednesday but this took a turn when the UK Chancellor Geeorge Osborne announced something different. He announced that those operators who were licensed in the UK would start paying a free bet tax from August 1st 2017.
The online casino industry is perhaps one of the fastest growing internet businesses. It has seen a consistent increase in the number of players over the past few years. Today, there are thousands of gambling sites on the internet that allow casino players to gamble. The money exchanging hands in these sites is sometimes compared to that of online forex trading industry. The online casino industry is simply a platform that performs the functions of the traditional casinos but via the internet. There are so many advantages that come with this new platform including a global customer base for companies that care to invest in this business.
