Playing video games for money rises in popularity amid coronavirus lockdowns The coronavirus shutdown is hurting most parts of the nation’s economy, but some industries are thriving as a result of people staying home. Playing video games for money has been around for almost two decades but is currently seeing a spike in users as a result of … [Read more...] about Was the Global Lockdown Good for E-Gaming?
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Crypto Ponzi Scam (and Now “NFTs) Infecting EGaming
FTX Enters Gaming as Backlash Grows Against Crypto’s Incursion Crypto exchange FTX is launching its own gaming unit, aimed at encouraging more game publishers to embrace cryptocurrencies, blockchain networks and non-fungible tokens. Operating via FTX’s U.S. affiliate, FTX Gaming will debut with a “crypto-as-a-service” platform through which gaming … [Read more...] about Crypto Ponzi Scam (and Now “NFTs) Infecting EGaming
India’s EGaming Crash Coming?
Is the game over for India’s booming online gaming industry? A wave of laws, rules in several states threatens to kill large parts of India’s rapidly growing online gaming industry. Nikita Luther is India’s top poker player, the first woman and second player from the country to win a bracelet at the World Series of Poker, the game’s top competition. Yet at … [Read more...] about India’s EGaming Crash Coming?
Another Big Business Deal, Some Really Rich People Make Lots of Money
Gambling.com Group has agreed a €12.5m ($14m) cash-plus-shares deal to acquire online gambling bonus comparison site BonusFinder. The Nasdaq-listed affiliate will pay €10m in cash with the remaining acquisition costs of €2.5m being made up of newly issued unregistered ordinary shares in Gambling.com Group. It is understood the cash portion of the acquisition cost … [Read more...] about Another Big Business Deal, Some Really Rich People Make Lots of Money
Playtech Frowns on Latest Proposal; Receives Other Offers
Giant Playtech Doesn't Expect Aristocrat Proposal to Succeed; Receives Other Offers Playtech PLC said Wednesday that it doesn't expect the recommended 2.1 billion pounds ($2.84 billion) offer from Aristocrat (UK) Holdings Ltd. to achieve the minimum threshold required for approval and that it is evaluating proposals from third parties for the … [Read more...] about Playtech Frowns on Latest Proposal; Receives Other Offers