Monthly Archives: September 2022

Game-Based Learning Market to Reach USD 73.31 Billion by 2030; Rising Adoption of Cloud-Based Learning Models in Developing Countries Will Favour…

Posted: September 27, 2022 at 8:20 am

Newark, Sept. 26, 2022 (GLOBE NEWSWIRE) -- As per the report published by The Brainy Insights, the globalgame-based learning market is expected to grow from USD 14.05 billion in 2021 to USD 73.31 billion by 2030, at a CAGR of 20.15% during the forecast period 2022-2030.

The rising adoption of digital learning solutions is anticipated to expand the demand for the game-based learning enterprise during the projection period. Moreover, the increasing urbanization, proliferation of smartphones, and growing disposable income worldwide are also helping propel market growth. However, the slow internet connection & poor network, and limited awareness in underdeveloped nations are restraining the market's growth. Furthermore, with the increasing popularity of e-sports, multiplayer video game competition between professional & amateur vendors is an opportunity for market growth. The market growth challenges are the lack of IT infrastructure in colleges & schools and the lack of financial support.

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Competitive Strategy

To enhance their market position in the global game-based learning market, the key players are now focusing on adopting the strategies such as product innovations, mergers & acquisitions, recent developments, joint ventures, collaborations, and partnerships.

For example, The Fox School of Business executed VR in one of its NBA meetings to connect learners and students in discussion-based learning in April 2021.

Report coverage & details:

Market Growth & Trends

The growth of the game-based learning market is driven by the requirement to improve student learning. Further, the increasing penetration of 5G networks that deliver better bandwidth to stream high-quality & graphic-intensive lectures is also helping propel market growth. Moreover, the growing focus on personalized learning is the market growth trend. Personalized learning is the method of customizing the learning according to the interests, strengths, needs, and skills of a student. Further, game-based personalized learning helps improve the learning experiences more proficiently and timely. It simulates the real-world experiences and applications for the facilitators and learners. Hence, the increasing focus on personalized learning propels the market's growth. In addition, strategic partnerships & collaborations between companies are another key trends gaining popularity in the game-based learning market. Major participants operating in the industry are collaborating and partnering to develop and offer innovative services.

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Key Findings

In 2021, the training, knowledge, and skill-based games segment dominated the market with the largest market share of 21.05% and market revenue of 2.95 billion.

The game type segment is divided into AI-based games, AR VR games, location-based games, training, knowledge, and skill-based games, assessment and evaluation games, language learning games, and others. In 2021, the training, knowledge, and skill-based games segment dominated the market with the largest market share of 21.05% and market revenue of 2.95 billion. This growth is attributed to the increased skill gap in emerging countries and the availability of online training platforms.

In 2021, the cloud segment dominated the market with the largest market share of 57.21% and revenue of 8.03 billion.

The deployment mode segment is divided into on-premise and cloud. In 2021, the cloud segment dominated the market with the largest market share of 57.21% and revenue of 8.03 billion. This growth is attributed to the proliferation of cloud technologies in game-based learning solutions.

In 2021, the services segment dominated the market with the largest market share of 56.34% and revenue of 7.91 billion.

The component segment is divided into services and solutions. In 2021, the services segment dominated the market with the largest market share of 56.34% and revenue of 7.91 billion. This growth is attributed to the increasing demand for online learning courses.

In 2021, the education segment dominated the market with the largest market share of 22.28% and revenue of 3.13 billion.

The end-user segment is divided into healthcare, education, manufacturing, retail & e-commerce, consumer, IT & telecom, government & defense, and others. In 2021, the education segment dominated the market with the largest market share of 22.28% and revenue of 3.13 billion. This growth is attributed to the increased need for user engagement across industries.

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Regional Segment Analysis of the Game-Based Learning Market:

North America (U.S., Canada, Mexico) Europe (Germany, France, U.K., Italy, Spain, Rest of Europe) Asia-Pacific (China, Japan, India, Rest of APAC) South America (Brazil and the Rest of South America) The Middle East and Africa (UAE, South Africa, Rest of MEA)

The North American region occurred as the largest market for the global game-based learning industry, with a market share of 46.36% and a market value of around 6.51 billion in 2021. North America currently dominates the game-based learning market due to the adoption of the robust cloud computing industry. Moreover, the surge in the usage of digitalized & customized lectures is also helping drive the region's market growth. Furthermore, Asia Pacific is expected to show the fastest CAGR of 22.03% over the projection period. This growth is attributed to the increasing higher education & corporate sector. Further, the increasing number of online gamers and the growing popularity of online gaming contests propel the market growth in this region during the forecast period.

Key players operating in the global game-based learning market are:

Frontier Developments Bublar Group Minecraft Spin Master Kahoot Minecraft Tangible Play BreakAway games Recurrence Gamelearn Stratbeans Raptivity Simulearn Schell Games Layup Monkimun Banzai Labs Playgen Fundamentor Cognitive Toybox Idnusgeeks Quodeck G-Cube Smart Lumies Kuato Studios Infinite Dreams Hornbill FX Gametize Threatgen Kidoz Sweetrush VR Education Holdings MLevel

This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global game-based learning market based on below mentioned segments:

Global Game-Based Learning Market by Game Type:

AI-Based Games AR VR Games Location-Based Games Training Knowledge and Skill-Based Games Assessment and Evaluation Games Language Learning Games Others

Global Game-Based Learning Market by Deployment Mode:

On-Premise Cloud

Global Game-Based Learning Market by Component:

Services Solution

Global Game-Based Learning Market by End-User:

Healthcare Education Manufacturing Retail & eCommerce Consumer IT & Telecom Government & Defense Others

About the report:

The global game-based learning market is analysed based on value (USD Billion). All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porters five forces model, attractiveness analysis, raw material analysis, supply, demand analysis, competitor position grid analysis, distribution and marketing channels analysis.

About The Brainy Insights:

The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market.

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Game-Based Learning Market to Reach USD 73.31 Billion by 2030; Rising Adoption of Cloud-Based Learning Models in Developing Countries Will Favour...

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Researchers to explore why atheism is growing across the world – Newswise

Posted: at 8:19 am

Newswise An interdisciplinary team of researchers led by Queens University Belfast have launched a new project Explaining Atheism, to test popular and academic theories about why some people are atheists and why some are not.

Explaining Atheism aims to better understand the growing population of atheists and agnostics in the world, correct inaccurate stereotypes, and give insight into the future of both belief and non-belief.

The project is being led by Principal Investigator Dr Jonathan Lanman, Senior Lecturer in Cognitive Anthropology from the School of History, Anthropology, Philosophy and Politics at Queens; Dr Lois Lee from the University of Kent and Dr Aiyana Willard from Brunel University London; working in partnership with colleagues Dr Connair Russell from Queens; Professor Stephen Bullivant from St Marys University, Twickenham, and the University of Notre Dame, Sydney; Dr Miguel Farias from Coventry University; and a number of additional international researchers.

The core research team will investigate the causes of atheism and agnosticism in six countries (Brazil, China, Denmark, Japan, the UK, and the USA), with a wider team of affiliated researchers investigating Egypt, Tunisia, Morocco, Saudi Arabia, United Arab Emirates, Lebanon, New Zealand, Republic of Ireland, Norway, Sweden, Finland, Mauritius, and Poland.

Speaking about the project, Dr Jonathan Lanman said: There are growing numbers of atheists/agnostics in countries across the world. Our recently completed Understanding Unbelief programme looked beyond the stereotypes and helped to document some of the worlds rich diversity in atheism and agnosticism. Now Explaining Atheism aims to answer the questions of why and how this growth is happening and consider what our answers might mean for the future of religion, atheism, agnosticism, and of our societies.

Dr Lois Lee commented: Theseare not only academic questions but matters of public debate, policy and law. We are keen to engage the public and the media in our work and we have a funding initiative specifically for those working outside of academia in policy, documentary photography and film, the arts, digital media and data visualisation, education and beyond to help us make sure our work is not only exciting for academics but reaching and learning from wider audiences.

The Explaining Atheism project was awarded 2.7 million in funding by the John Templeton Foundation and will run over a three-year period.

The team launched the Explaining Atheism website which features extensive background information on the project, videos and emerging research findings, with more to come over the course of the project.

Dr Aiyana Willard said: We are excited to launch the Explaining Atheism website. It brings together short films explaining our particular approach to answering these difficult and contentious questions and also provides a number of resources for those looking to explore these questions themselves.

For more information, please visit the Explaining Atheism website http://www.explainingatheism.org and follow on Twitter: @ExplainingAthe1.

ENDS...

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Census Northern Ireland: Academic gives warning over figures showing rise in atheism – Belfast News Letter

Posted: at 8:19 am

Census figures released last week show that 17.4% of the NI population (331,000) now have no religion an increase on the 10.1% figure 10 years ago. This is slightly more than the 16.6% of Presbyterians (316,000), the largest Protestant denomination in NI.

Northern Ireland Humanistssaid the figures show the non religious should now have aseatat the table at Stormont, and called for reform of compulsory Christian RE and worship in NI schools.

However, Dr Lois Lee, who is helping lead a new research project at Queens University Belfast (QUB) into the rise of global atheism, warned that caution should be used in drawing firm conclusions from the census figures.

While the census asked people whether they had any religion, she said, those without any religious affiliation were not necessarily atheists.

One thing that is relevant to the census is that saying you have no religion and being a nonbeliever are conflated and they are not the same thing, she told the News Letter.

It was possible that people who have no ties with religious institutions may still have a personal faith, she added.

On the census the key bit of data was about your religious affiliation are you affiliated to the church or do you have no religion? So that is about your identity and your relationship with a religious institution.It doesnt tell us anything about whether you are a believer or not.

She acknowledged, however, that in the UK if you say you have no religion you are disproportionately likely also to be a nonbeliever.

She added that some people who have religious beliefs say they have no religion because they have various reasons for havingparticular relationships with religious identities. So we shouldnt be reporting the census by saying that it tells us anything about non-belief.

Dr Lee lectures on secularism at the University of Kent. Together with QUB lecturer in cognitive anthropology, Dr Jonathan Lanman, they are leading the QUB Explaining Atheism project, to understand how and why atheism and agnosticism are growing across the world. The project has been granted 2.7m by the John Templeton Foundation over three years.

The core research will focus on Brazil, China, Denmark, Japan, the UK, and the USA, with a wider team investigating Egypt, Tunisia, Morocco, Saudi Arabia, United Arab Emirates, Lebanon, New Zealand, Republic of Ireland, Norway, Sweden, Finland, Mauritius and Poland.

Dr Lee said the project will include strong agnostics in the same category as atheists because they are so similar.

A populartheory the team will test is that the rise of atheismis closely related to education levels.

The theory is that if children are exposed to more scientific education they will therefore become atheist, she said. We think there is good reason to think there are a lot more complex processes going on there, whilst we also think there is good reason to think education matters.

She says about half the UK population have no belief in God.

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The Rise of the Evangelical Heretic – ChristianityToday.com

Posted: at 8:19 am

As my colleague Stefani McDade reported earlier this week, Lifeway Research released a survey conducted for Ligonier Ministries. It concludes that a shockingly high percentage of American evangelicals hold beliefs about Jesus and salvation that every wing of the Christian church would define as heresy.

If these results are accurate, what does that mean for where American evangelical Christianity is headed?

To recap, the survey showed that evangelical respondents expressed a confusing and sometimes incoherent mix of beliefs. Most affirmed the Trinity, but 73 percent at least partially agreed with the statement that Jesus was the first and greatest being created by God the Father, which is, of course, the teaching of the heretic Arius.

Im generally a little skeptical of these sorts of surveys, since they often seem to filter out those who believe but cant articulate their beliefs in abstract terms. Im not sure that any of my childhood Sunday school teachers would have agreed with a survey statement that justification is by faith alone, even though they all believed that. That said, Lifeway seems to have accounted for and filtered through many of those research problems.

I suspect most of us, though, are not surprised by the results. Todays American evangelical Christianity seems to be more focused on hunting heretics internally than perhaps in any other generation. The difference, however, is that excommunications are happening not over theological views but over partisan politics or the latest social media debates.

Ive always found it a bit disconcerting to see fellow evangelicals embrace Christian leaders who teach heretical views of the Trinity or embrace the prosperity gospel but seek exile for those who dont vote the same way or fail to feign outrage over clickbait controversies.

But something more seems to be going on heresomething involving an overall stealth secularization of conservative evangelicalism. What worries me isnt so much that evangelical Christians cant articulate Christian orthodoxy in a survey. Its that, to many of them, Christian orthodoxy seems boring and irrelevant compared to claiming religious status for already-existing political, cultural, or ethnonational tribes.

Several years ago, a combative atheist wrote that his fellow atheists should drop the word atheism because it gave too much weight to theism. The ultimate goal, he argued, was not to spread atheism but to emphasize that belief in God is so lacking in credibility that it doesnt deserves to be seriously entertained.

His arguments included no little sarcasm about the perceived stupidity of Christianity, along with strategies to move people away from their supernatural myths toward what he saw as realisma world without God.

That same atheist spoke at a recent pastors conference. He has appeared in videos by evangelical groups to accuse other evangelicals of being woke andin an unacknowledged, dizzying ironyof denying the sufficiency of Scripture. In his view, the dividing line between the sheep and the goats is the correct view on political causes, not belief in Christ or fidelity to the gospel.

I suppose the atheists strategy works in the long run. Theres no need to talk people out of believing in God or in preaching Christ and him crucified when the focus has shifted to politics. In that sense, theismand Christianity itselfindeed cannot be taken seriously enough to oppose.

Interestingly enough, the Lifeway survey shows no such lack of orthodoxy when it comes to ethical questions about human life or sexuality. Is that because churches do a good job of catechizing people in a biblical worldview in those areas? Maybe. Or maybe these issues are at the forefront because theyre often discussed in a political or cultural context rather than a strictly theological one.

Some who (rightly) see troubling trends in surveys like these would argue that we need more theology books and conferences, along with more small groups, on systematic theology in our churches. I wonder, though, if the problem is bigger than that. Maybe rather than an information problem, we have an affections problem. Maybe before we have a theology problem, we have a priorities problem.

The missing piece right now is not so much the ability to articulate doctrines but a more fundamental literacy of Scripture. My fellow systematic theologians often chafe at we need to get back to the Bible talk, pointing instead to an ignorance of the Christian creedal tradition and of church history.

We saw that kind of imbalance in evangelical scholarship a few years ago, when interpreting the Bible without reflecting on the Council of Nicaea led some theologians to reject basic Christian doctrines such as the eternal generation of Christ.

That concern is fair, but it doesnt go far enough.

New Testament scholar David Nienhuis makes the point that we have a generation of Bible quoters, not Bible readers. Sometimes even the most theologically inclined people know how to use the Bible in debate both inside and outside the church over controversies on gender, predestination, and so forth. But they dont know the difference between Melchizedek and Mordecai, between Josiah and Jehoshaphat. They see the actual storyline of Scripture as a minor detail.

The Bible does far more than answer questions posed to it by current controversies, and far more than just undergird doctrine. The Bible shapes and forms its hearers. The Word of God does not return void. It reorients our priorities and our intuitionseven before we know they need adjusting. We as the church and as families need many different ministries and giftsbut maybe Awana Bible memorization classes or Sunday school Sword drills are more important than worldview conferences.

When Jesus was tempted by the Devil in the wilderness, he responded with Scripture. But he was not just using proof texts against false teaching. By citing those particular passages from Deuteronomy, Jesus showed that he knew what the Devil was up totempting him to seek food, protection, and glory from somewhere other than God, just as the Israelites had been tempted to do in the time of Moses.

The people of God had failed in the wilderness before; the Son of God would not.

Jesusthe only Son of God, begotten not made, Light from Light, true God from true God, of the same essence as the Father, incarnate by the Holy Spirit and the virgin Maryknew his Book and knew what mattered. If we dont follow his lead, we might have our values right-side up and our theology upside down.

Russell Moore is the editor-in-chief at Christianity Today.

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Australia’s Star Entertainment keen to operate Sydney casino ‘under supervision’ – Reuters

Posted: at 8:17 am

Visitors to Sydney's Star Casino play electronic slot machines, February 15, 2016. REUTERS/Jason Reed/File Photo

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Sept 27 (Reuters) - Star Entertainment Group (SGR.AX) on Tuesday accepted the findings of an inquiry that stated the casino operator unfit to hold a licence in Sydney, but said it should be permitted to continue operating under "strict supervision".

The country's second-biggest casino operator said in a statement that it has developed a remediation plan, outlining actions to address "root-cause failings" mentioned in the inquiry report released earlier this month.

Australia's casino sector has faced intense scrutiny over the last three years after Star's larger rival Crown Resorts was found unfit to hold gambling licences on account of money laundering, prompting some states to launch investigations.

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The New South Wales (NSW) state gambling regulator had said its report identified "systemic governance, risk and cultural failures" at Star's Sydney casino. read more

"Huge amounts of money were disguised by the casino as hotel expenses and vast sums of cash evaded anti-money laundering protocols several times, mostly through a secret room with a second cash cage," NSW Independent Casino Commission (NICC) Chief Commissioner Philip Crawford had said.

NICC should allow the company to "continue to operate the licence, under strict supervision and being held accountable to the milestones on the Remediation Plan," Star said on Tuesday.

Star said its remediation plan will focus on a "multi-year transformation" of governance, accountability, culture, and risk and compliance-management practices.

The casino operator plans to finalize the budget for the remediation plan over the next month and conclude the plan by the end of 2024.

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Reporting by Himanshi Akhand in Bengaluru; Editing by Krishna Chandra Eluri and Sherry Jacob-Phillips

Our Standards: The Thomson Reuters Trust Principles.

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Cash Bonus and Free Spins at Juicy Stakes Casino – Business Wire

Posted: at 8:17 am

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Editors notes:

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Juicy Stakes offers online poker and online casino games to players all over the world. Known for its generous player rewards program, the online poker room is one of the most popular sites on the Horizon Poker Network and the online casino features games from WorldMatch, Betsoft and Lucktap.

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Cash Bonus and Free Spins at Juicy Stakes Casino - Business Wire

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Will Macau Ever Be The World’s Casino Capital Again? – Forbes

Posted: at 8:17 am

Ghost Town: After a strict Covid policy, Macau finally opened its borders to nonresidents in September 2022.

Macau is on a serious losing streak.

Once known as the Las Vegas of the Eastdespite revenue three times that of Sin City in 2019Macau has been humbled by the pandemic.

The special administrative region (SAR) of China reported its first case of Covid on January 20, 2020, and the governments response was swift. Chinas zero-Covid policy forced the brief closure of Macaus casinos and soon its borders were closed to nonresidents. With Macau essentially cut off from the world, including nearby Hong Kong, annual gambling revenue fell by 80%. The region reported a mere $7.55 billion in 2020, compared with the year before when gamblers lost $36.3 billion in Macanese casinos. Last year, revenue was still down 70%$10.83 billioncompared to pre-pandemic levels.

The real Las Vegas, meanwhile, has been dealt a much better hand. Blessed by a robust recovery, it brought in $11.44 billion in gambling revenue last year, a 10% increase over 2019. Overall, Nevada has been enjoying an astonishing winning streakreporting 17 straight months in which gaming revenue exceeded $1 billion.

It took a lethal, highly contagious virus and strict government regulations from China, but Vegas is currently king of the casino industry. But no one believes that reign will last long. Brendan Bussmann, the managing partner of B Global, a consulting firm focused on gaming and hospitality, says a healthy Macanese casino economy has historically been three times the size of Vegas. The current pecking order with Vegas on top is strictly due to incredible circumstances.

Vegas came back just as Macau will come back; its just a matter of time, says Bussmann. Were at a collapsed point, but theres only one place to go, which is up.

Casinos in the former Portuguese colony are now open and functioning, but the Asian gambling capital is nowhere close to a recovery. Chinas Covid policy is still a threat to the gaming industry. The last time the government shut down casinos in Macau was a 12-day period in July. Macau still remains a conundrum over when it will fully reopen, says Bussmann. It is one Covid case away from shutting back down.

Rob Goldstein, the CEO of Las Vegas Sandswhich has five properties in Macau, including the Venetiansaid during an earnings call in June that the company hasnt lost faith in the island that was responsible for 59% of its Ebitda in 2019.

We retain great optimism and our ability to perform to prepandemic levels and beyond in Macau, once visitation returns, said Goldstein, explaining that tourism rate is at 16% of prepandemic levels. We would welcome the opportunity to invest billions of additional dollars in Macau. We continue to believe Macau is now outstanding market for additional investment.

Las Vegas Sands, which was founded by the late billionaire entrepreneur Sheldon Adelson, has invested $15 billion in Macau since it opened its first casino there in 2004. Recently, the company has invested $2.2 billion to build a new project on the Cotai Stripthe Londoner Macao, complete with a replica of the U.K. Parliament and Big Ben, the Londoner Court and the Grand Suites at Four Seasons Macao. After the company sold its Las Vegas properties to affiliates of Apollo Global Management, Inc. and VICI Properties Inc. for $6.25 billion in February 2022, the company, which also operates the Marina Bay Sands casino in Singapore, is essentially an Asian gaming company.

Chad Beynon, a managing director and equity analyst at Macquarie Securities, expects Macaus gambling revenue to recover to 2019 levels by 2024. The Chinese government is expected to lift the quarantine rules in Hong Kong, where the government mandated three days in a hotel and four days of monitoring at home, in October. Historically, most visitors come by ferry from Hong Kong, which is only about an hour ride. [The quarantine rules] were massively restrictive, and not worth it, says Beynon. Macau is a day-trip market, most people go over on a ferry, and they come back at night. It's like going to Staten Island from Manhattan.

While the timing of the recovery is uncertain, the gaming license renewal process brings even more uncertainty to the region. All licenses for the six gaming operators in Macau, which includes the Asian subsidiaries of Las Vegas Sands, MGM International and Wynn Resorts, expire at the end of 2022. A bidding process for a new ten-year license to operate in the market opened last week. All six current operators had been expected to get renewals, but Genting Group, the Malaysian gaming and cruise company run by billionaire Lim Kok Thay, submitted a last-minute bid, according to Wall Street Journal.

Theres now a possibility that all three Western companies will not have their licenses renewed, but that would send a strong protectionist message that could chill other U.S.-based investors in China. The six incumbent concessionaires would say that they've done everything that's been asked of them in terms of employing locals, in terms of building what the government wanted them to build, particularly the Western companies, Benyon says. They've spent billions upon billions building what the government wanted.

Until some of the questions about licenses and tourism are resolved, exactly when Macau will recover remains uncertain. Dan Wasiolek, a senior equity analyst at Morningstar who covers the gaming and hospitality industry, says Macau will likely feel more pain before a rebound. Going into 2022, I think most people following this space, ourselves included, thought that we would see somewhat of a recovery, says Wasiolek. We've seen the opposite. This year, its actually going to be a drop-off.

Coming Up Empty: Macau reported its first case of Covid in January 2020and tourism is now at 16%.

Macau is still a good long-term bet, analysts say. Compared to Las Vegas, which is a mature market where the average return on investment is in the single digits, Macau, once it recovers, will give investors double-digit returns on capital, Wasiolek explains. Wasiolek expects a recovery by the end of 2024 or perhaps the beginning of 2025, but that is rife with a possible downside. There could be a million reasons that make that prediction incorrect, he says.

Despite the drastic downturn, Wasiolek believes two elements remain safe bets about Macauthe near term is highly uncertain, and the long-term outlook remains bright, he says. Were just waiting for China to exhale and to allow things to return to normal, he says. Macau will rise again.

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Will Macau Ever Be The World's Casino Capital Again? - Forbes

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Nasdaq, S&P 500 Futures Slump Ahead Of Fed Speeches Casino Stocks, Tesla And Rival Xpeng In Focus – Inv – Benzinga

Posted: at 8:17 am

The major U.S. index futures are pointing to a lackluster start for Wall Street on Monday, as sentiment about the economy and market continue to be downbeat.

Stocks closed firmly in the red in the week ended Sept. 23 as fears of more aggressive rate hikes and a potential looming recession sapped the risk appetite of traders. All three major averages ended with losses of 4% or more.

The tech-heavy Nasdaq Composite and the S&P 500 Index settled at their lowest level since June 17, while the blue-chip Dow Industrials retreated to its lowest since Nov. 2020.

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In premarket trading on Monday, the SPDR S&P 500 ETF Trust SPY was receding 0.56% to $365.89 and Invesco QQQ TrustQQQ was moving down 0.33% to $274.60, according to Benzinga Pro data.

Fed speeches dominate Mondays proceedings on Main Street, with at least three Fed officials scheduled to make public appearances. Federal Reserve Open Market Committee member and Fed President Susan Collins will make a public appearance at 10 a.m. EDT. Atlanta Federal Reserve Bank President Raphael Bosticis scheduled to speak at 12 p.m. EDT, followed by an address by FOMC member and Cleveland Fed President Loretta Mesterat 4 p.m. EDT.

Chicago Federal Reserve Banks national activity index for August is due to be released at 8:30 a.m. EDT. In July the index came in at 0.27, with 0 delineating expansion and contraction in activity.

At 10:30 a.m. EDT, the Dallas Federal Reserves regional manufacturing activity index for September is due. The index has been in contraction territory for the past four months.

The U.S. Treasury will auction 3-month and 6-month bills at 11:30 a.m. EDT, and 2-year notes at 1 p.m. EDT.

See also: S&P 500 Circles New 2022 Lows Following Latest Fed Rate Hike: Is A Recession Inevitable?

Stocks In Focus:

Commodity, Global Markets:

Crude oil futures are slipping yet again on Monday, adding to the 5.69% losses last Friday. A barrel of WTI grade crude oil is trading under the $80-a-barrel mark for a second straight session amid demand concerns stirred by the prospect of a recession.

The U.S. dollar is higher across the board, and it is notably higher against the U.K. pound, which has pulled back over 1.4% in reaction to the tax cuts announced by the new government.

Asian stocks fell across the board on Monday as recession worries gripped traders. South Koreas Kospi fell over 3%, leading the losses in the region.

The major European markets opened Mondays session lower but saw a modest recovery in early trading only to lose momentum and fall sharply by the late morning session.

Also, souring sentiment is the German Ifobusiness climate index for September, which declined from the previous month and trailed expectations as well.

In a major geopolitical development in the region, Giorgia Meloni is all set to take over as Italys first woman prime minister following Sundays elections in what is expected to be the most right-wing government ever in the country since World War II.

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Nasdaq, S&P 500 Futures Slump Ahead Of Fed Speeches Casino Stocks, Tesla And Rival Xpeng In Focus - Inv - Benzinga

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KYC Verification In Online Casinos, Is It Necessary? – Intelligent Living

Posted: at 8:17 am

For a couple of years, KYC has been a huge topic in the realm of online gambling. Today it is one of the best-known practices of this kind and the one that makes a massive difference. KYC stands for Know Your Customer, which is very common in online casinos.

There aresome brands without verificationavailable for UK players. But in general, a user or a gambler will have to provide ID document photos, photos, and much more to prove their identity and information. It is mandatory at most casinos, but why? Well, there are a few reasons for that.

First of all, we have to reveal why KYC is so important and so beneficial. At the end of the day, it all comes to these few reasons, and most of them are already known to some of you. Even if you are a new player in the world of online gambling, you can deduce that these reasons are important and do affect the whole process.

One of the main reasons that is very interesting is that KYC makes the online gambling environment safer. It makes it impossible for users to use illegal activities; hence they must obey all the rules and must gamble legally. This has a huge effect on all gamblers. If there is one person who scams others, the whole gambling realm would be bad and negative. KYC makes this impossible and makes gambling safer for us all.

If we know that gambling authorities control online casinos, we can deduce that KYC is mandatory because the authorities want to make online gambling safer and more appealing to all people.

Without KYC, you can be anyone you like on the web or at online casinos. You can use any funds for any purpose. If we know that online casinos are loaded with funds and generate or control huge amounts of money per day, money laundering is an ideal criminal activity in this case scenario. This is probably the main reason whyKYC is requiredby operators and why it is so important and so beneficial. It simply blocks the ability to launder money at online casinos. Here, we must add that this has another effect on the first reason. It makes the gambling environment even safer and more appealing.

Without KYC, some people would use online gambling and casinos to the extreme. It is easy to launder money in this way, and it is something that most criminals know about. KYC puts an end to this.

KYC is there to make responsible gaming possible. This means that, due to KYC, people aged 18 or under 21 in the United States cannot play casino games. You have to prove your identity, and the casino will refuse your account if you are an underage player.

Underage gambling has been a huge issue for most casinos across the world, and it is something that is very dangerous. Remember that gambling addiction is possible and common among people under 18. Thanks to KYC, this is decreased, which once again makes online gambling safer.

The main reason for that is the lack of anonymity. Some gamblers want to stay hidden while playing. They dont like sharing personal data and files that can prove their gambling activity. Other players simply refuse or dislike sharing data with third parties. This does make sense. Nobody wants to provide a photo of his ID document or to send personal information to unknown organizations or people.

We must add the KYC is a safe process, and the data will not be shared with anyone else. If you provide the data needed to complete KYC, you are safe, and the data will remain on secure servers, not being shared with others. But still, many people are skeptical about all of this. They dont like nor want to provide the data. Remember that you will have to provide details such as your address, telephone number, employment, ID document scan, and more. There are many files and details you have to provide.

At the end of the day, all we can add is that KYC is important and will probably become even more important in the near future. In ourtechnologicalworld, it is essential to verify users. More and more online casinos require it due to laws from gambling authorities. As such, we can see that KYC will become a massive part of all this and make your online gambling session safer.

Yes, many more people will be skeptical about all of that and will look for a way around it. But we believe that some compromise would be a nice solution to all of that. More people should accept KYC. It is there for your safety and to make online gambling safer as well.

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KYC Verification In Online Casinos, Is It Necessary? - Intelligent Living

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The Production Of Casino Royale Had To Be Careful Not To Set Off The ‘Austin Powers Alarm’ – /Film

Posted: at 8:17 am

Keeping "Casino Royale" firmly in the realm of reality wasn't too much of a challenge for the Bond brain trust. With Craig's commitment to the gritty material and of course, a rock solid directoron deck the Bond franchise was born anew.

While Craig himself found his own way to bring the character into the 21st century, other developments were spurred by an aversion to the "Austin Powers" films. The actor told The Guardian that there was an "Austin Powers alarm" on the set of "Casino Royale." That limited the use of gadgetry and spiffy, semi-aquatic cars not only in Craig's inaugural film, but in most of those that came after. Even with the introduction of a new Q (Ben Whishaw) in "Skyfall," the new Bond films kept the gadgets subtle. They even made a dig at the "exploding pens" and other kooky memorabilia that previous Bonds used. It was all in an effort to abandon the things that "Austin Powers" had skewered so liberally. "If something's been parodied as much as that, there's a reason for it," Craig explained.

That's not to say that those gadgets and cars didn't have their place in other Bond films. "I love the fact that Roger Moore drives a Lotus into the water and it becomes a submarine. It's a great movie moment," Craig added. But "Casino Royale" was a very different movie one with a very different mission.

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The Production Of Casino Royale Had To Be Careful Not To Set Off The 'Austin Powers Alarm' - /Film

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