Category Archives: Online Gambling

By Kamalendu Bali

The online gaming industry has keenly followed the developments of the 47th GST Council meet that happened over 28-29th June. Recommendations had been made to raise the taxation rate for the online gaming industry to 28% on entire consideration value as against current 18% at the platform fee or GGR.

The decision resulting from this meetingwhether acceptance or otherwise, of the aforementioned proposal will have a business viability impact on the entire online skill gaming industry. It is critical to ensure that the decision helps the industry thrive rather than lose its footing in the country.

As per recent updates, the government has deferred the decision for around 2 weeks to further discuss the industry viewpoints. The Central government has introduced several positive measures like forming a AVGC taskforce, the Inter-Ministerial Task Force to come up with a regulatory policy, holding meetings with key online skill gaming industry players to understand the sectors growth potential and concerns and more.

On the other hand, the Group of Ministers for GST on online gaming have associated the genre of online gaming with gambling, betting, casino and lottery, etc. This signals nothing but a negative spiral for the gaming industry. Industry players are perplexed at the lack of clarity, and their overstayed welcome in a grey area.

The genre of online gaming has been pulled to defend itself multiple times, and all its achievements and contributions to the economy are little consolation to those who continue to scrutinise it negatively. Looking at it from a legal standpoint, several High Courts and even the Supreme Court have recognised online games of skill as legitimate business activities protected under Article 19(1)(g) of the Constitution of India.

On the other hand, games of chance like lottery, gambling, betting or wagering are res extra commercium in nature and the protection and legitimacy that online skill games have does not extend to these other forms that it is being clubbed with.

An even more prominent point to note is that Article 14 of the Constitution of India clearly spells out that unequals shall not be treated equally. Therefore, online skill games have to be treated differently than other forms of games of chance like lottery, gambling and betting.

In light of legal discrepancies in the suggested tax measures, industry experts have also pointed out how the industry could collapse with a valuation metric change. Applying tax on the entire value of consideration would significantly reduce the amount of player winnings and repel player interest on legal platforms. This move could also lead to an increase in illegal platforms that contribute nothing to the exchequer, making it an unwinnable situation for everyone involved.

Slated to touch $5 billion dollars in the next 3 years and being a beacon for Investments, the online skill gaming industry has played a key role in helping national growth and driving revenue for the government. The government has even acknowledged this growth and given support to the industry. The recent developments could potentially smear ink over these efforts and the past successes of this industry.

If we study events on a global scale, for instance the cases of the UK and Francethe markets in these nations tried taxing the entire prize pool but then went back to the older models of charging only the GGR. The Goas Industries Minister Mauvin Godinho, who is a member of the GoM for GST on Online Gaming has taken cognizance of the industry view and said that the industry is not against a 28% taxation rate but wants the rates to be in accordance with international practices of charging on the GGR. Increasing tax rate is one aspect but levying tax on the entire consideration value and not the platform fee or the revenue a platform makes, could be devastating for the entire sector. a senior official at Indonesias Communications Ministry, said in a text message websites that have been blocked include Yahoo, PayPal and gaming sites like Steam, Dota2, Counter-Strike and EpicGames, among others.

PayPal, Yahoos parent private equity firm Apollo Global Management and U.S. game developer Valve Corporation, which runs Steam, Dota and Counter-Strike, did not immediately respond to requests for comment. EpicGames could not be reached for comment.

Hashtags like BlokirKominfo (block Communication Ministry), Epic Games and PayPal trended on Indonesian Twitter, with many writing messages criticising the governments move as hurting Indonesias online gaming industry and freelance workers who use PayPal.

Pangerapan said the government will find a solution for people to withdraw their deposits from PayPal, which may include reopening access to its website for a short period, he told Metro TV.

Authorities would unblock the websites if they comply with registration rules, he said, defending the measure as protection for Indonesian internet users.

With an estimated 191 million internet users and a young, social-media savvy population, the Southeast Asian nation is a significant market for a host of tech platforms.

The author is vice president of solutions at Concentrix. Views expressed are personal.

Read Also: IAA rallies the advertising, media and entertainment industry to raise their Voice of Change

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Why online gaming industrys candle is burning on both ends amidst governments ambivalence - The Financial Express

Alex Man is closing in on a temporary transfer to Rapid Bucharest in his native Romania.

The 22-year-old joined the 2020 MLS Cup winners in March last year for around $1.5 million from Romanian club Viitorul. Man also had transfer options in Europe, but opted to join The Crew while hoping to impress in the MLS. In his first season with Columbus, he played a total of 30 matches across all competitions without scoring. The winger was limited to just six first-team appearances in 2022, all of them coming from the bench. Man featured for the Crews second team in MLS Next Pro on four occasions.

In his first campaign as an MLS player, Man only started nine times, coming on as a sub in another 19 games. He didnt record any MLS goal despite his 19 attempts (out of which eight were targeted), nor did he assist any.

Man, who was one of the best young players in the Romanian league before his switch to the MLS, impressed at the U21 Euros in 2021 for his country. Rapid, his future club, is challenging for a seat in the playoffs this season, coming fresh from beating title contenders FCSB 2-0 on Sunday.

Rapid will initially loan Man.

Columbus sits sixth in the Eastern Conference with a 7-5-9 record from 21 matches. The bookmakers place them at +2500 to win the MLS Cup this year, suggesting a triumph for Caleb Porters team would be a major surprise.

LAFC tops the MLS Cup favorites list at +250, followed by defending champions New York City FC at +350 and Philadelphia Union at +500.

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Exclusive: Columbus Crew's Man is On His Way Back to... - Online Gambling

The Grade 2 San Diego Handicap is considered the major prep for Del Mars flagship race: the Grade 1 Pacific Classic. But you can be forgiven if you mistake this nine-horse field for what lies ahead Labor Day weekend in the Pacific Classic.

And thats not only because defending Pacific Classic champion Tripoli (6/1 on the morning line) is in the field of Del Mars Saturday co-featured race. This is a particularly deep and talented San Diego Handicap field, one teasing handicappers with varied options that include four Grade 1 winners, a Kentucky Derby champion, a Dubai World Cup winner and a Hollywood Gold Cup winner.

Speaking of that Hollywood Gold Cup, not only do you get the winner: There Goes Harvard (5/1), you get the 2-3-4 finishers from that race: Defunded (5/1), Royal Ship (4/1) and Stilleto Boy (6/1).

Seven of the nine horses tackling the 1 1/16-mile San Diego carry morning line odds in single digits. Clearly, this line challenged every ounce of Del Mar morning line writer Jon Whites line-setting acumen. Everyone but returning allowance winners Parnelli (15/1) and Seor Buscador (20/1) come in between 5/2 and 6/1.

So whos favored in this class of near-equals? The aforementioned Dubai World Cup winner: Country Grammer (5/2), who returns to the States after winning $10.46 million in his Middle Eastern sojourn. The 5-year-old Bob Baffert trainee finished second in the $20 million Saudi Cup, then won $7 million in the Dubai World Cup a month later.

This is Country Grammers first US race since he won the Hollywood Gold Cup in May 2021. After that race, he missed the rest of 2021 with an injury. That Country Grammer hasnt run in four months is immaterial, considering what he did coming out of a nine-month layoff. Bafferts custom is to send his charges on quick drills to improve speed. And Country Grammer responded with three consecutive bullets coming in, including a 1:11.40 six-furlong work that was best of nine July 24.

Beside Country Grammer, the name that jumps off the entry list is Mandaloun (4/1). Yes, Brad Cox sent the slumping 2021 Kentucky Derby winner to California for the first time in an effort to roust him from a two-race slump. Mandaloun finished a woeful ninth in the Saudi Cup, then a non-factor fourth by nine lengths in the Grade 2 Stephen Foster.

The question facing Mandaloun in the San Diego is can the second race off a layoff be the ticket back to prominence? Or are his best days behind him? Thats the question bettors must ask.

Thats the same question Tripolis supporters face. Hes 0-for-3 since winning last summers Pacific Classic. And he hasnt been particularly competitive, turning in two fourths and a seventh without hitting triple-digits in Equibase Speed Figures. One of those fourths did come on turf, in the Grade 3 American Stakes on Santa Anitas closing weekend in June.

There Goes Harvard, the leader of the four Hollywood Gold Cup ex-pats, comes into the San Diego on a three-race winning streak. He went from winning two allowances to winning a Grade 1 by a length at 8.80/1. There Goes Harvard hasnt finished out of the exacta in seven races (4-3-0), although three of those came against lesser competition at Ellis Park.

Defunded, the other Baffert, hasnt missed the exacta in his last five starts (2-3-0). Like There Goes Harvard, who beat him by that length in the Hollywood Gold Cup, Defunded owns three consecutive increasing Equibase Speed Figures. Unlike There Goes Harvard, Defunded has run against good competition. He has to be considered here.

Royal Ship, who finished third in that race, finished third in this one last year. He has a first and a third this year, coming out of a seventh in last years Pacific Classic. After that race, trainer Richard Mandella sent the Brazilian-bred gelding to the sidelines for eight months. He came back with a victory in the Listed John Shear Mile at Santa Anita in April.

Morning Line (Jockey/Trainer)

Stilleto Boy had his four-race, in-the-money streak broken at the Hollywood Gold Cup. Before then, he won the Grade 2 Californian and finished third in three Grade 1s: the Santa Anita Handicap, the Pegasus World Cup Invitational and the Malibu Stakes.

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San Diego Handicap Punches Above It's Weight as Pacific Classic... - Online Gambling

While the Hungarian Grand Prix isnt until tomorrow, Aston Martin and Sebastian Vettel have already made F1 headlines this week. On Thursday, the four-time world champion Vettel announced he will retire after this season. Meanwhile, both team and driver shook things up by introducing a controversial rear wing during weekend practice.

Racing fans the world over wished Sebastian Vettel well on his final F1 season. Sports bettors, however, were less focused on Vettels announcement and more intrigued by a change to Vettels car. Time will only tell how the odds will change based on who does and doesnt adopt the new rear wing.

Its rare that a 7th place practice finish turns heads. But Aston Martin and Vettel rarely place better than the mid-teens. So, Vettels top-ten finish in Saturdays FP2 was noteworthy especially since his car was fitted with a rear wing.

Apparently, Aston Martin found a loophole in the specs cleared it with the FIA. And while some downplay its role in Vettels practice runs, any potential edge is an edge worth testing.

Obviously, this is a track where you try to have and put all the downforce on the car that you can. Obviously, theres a new rear wing, its not a secret. Sebastian Vettel

Well, its not a secret now. In fact, other teams are already thinking about a rear wing addition. Ferraris racing director Laurent Mekies said,If they have asked the FIA and the FIA says its legal, then everybody tries it. If its faster it will come to the cars.

During a team press conference Red Bulls Christian Horner said, If it is according to the rules, it is a possible way to go. And who knows, maybe well copy something off Aston Martin rather than the other way around for once.

Vettels pending retirement is not a complete surprise. The 35-year-old drivers contract was up at the end of this season. And while Aston Martin very much wanted to extend its relationship with Vettel, both sides were realistic about what another season would yield.

When Aston Martin and Vettel joined forces in 2020, it seemed the perfect combination. Aston Martin had deep pockets and a desire to develop a competitive car. Vettel was a savvy veteran driver who was willing to help them on their journey.

Aston Martins performance, however, has been elusive and needs more time. And Vettel feels like time is of the essence in his life outside of racing, as the father of three explained on Instagram.

Thank you for letting me share the track with you. I loved every bit of it. Sebastian Vettel

Vettels pending retirement is bittersweet. After all, racing was and still is his passion. Its also hard for a world champion not to leave on top. But even with unfinished business, both Aston Martin and Vettel value the experience theyve shared.

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Aston Martin Shakes Up F1 With Vettel Retirement and New Rear... - Online Gambling

The Short answer is Yes. Video game themed slots are becoming the next big thing in online casinos. Companies have seen that one way they can attract young, new customers to their site is by developing slots surrounding a beloved video game!

Even if the person hadnt thought about giving online casinos a go, seeing that one of your favorite video games has turned into an online casino game that can win you money is tempting enough to try!

Also, players are more likely to play round after round of a game that features their favorite characters as not only will it include symbols related to the game, but the immersive soundtrack may also be playing in the background.

Players wont even realize that time is passing by as they become entranced by the visuals, sounds, and faces of beloved characters on screen.

See if your favorite game is mentioned below or try out something new!

The game includes 5 reels, three rows, and twenty bet lines. However, the most interesting part of the game is the scatter symbol represented by Johnny Cage!

While Mortal Kombat fans wait for the sequel to be released, they can enjoy the slot machine and earn some cash!

Head on an adventure to find Team Bravo after their plane gets lost deep within the jungle. The game includes images of the characters, weapons, and wilds that will lead you to victory!

The reel can take you into one of two missions: Leons or Jakes mission, but your goal will be the same regardless of which mission youre on; to get vital resources. These resources will increase your crews firepower so make sure to find as many as you can.

If youre looking for a horrifyingly adventurous game, then this ones for you!

This game is every gamblers dream; players can select their own weapons and targets, which allow them to influence their results and be the chance to win up to 270,000 coins.

Since this game can be played on both desktop and mobile devices, it is no surprise that it can be found on the best online gambling sites reviewed by professionals! This will ensure that you pick a legitimate website, not one that is run by scammers trying to take your money.

It is a game full of suspense that will have you on the edge of your seat, not knowing what could happen next. Or what youll be able to win next scatters, free spins and bonuses are all up for grabs!

For every time you win using the wild symbol, a short video will pop up to add to the entertainment factor, as well as put you in the chance to win 18 free spins!

If youve ever wondered what its like to be the skilled Russian assassin, the Winter Soldier from Marvel Studios, then this is the game for you! It will give you a taste of the stealthy life assassins live.

Tomb Raider is one of the best-rated games with regard to coins and fun and with Lara Croft as the main character you will venture into a world of excitement!

Enjoy elements from the movie and movie clips as the spins are in action and win up to 7,500 coins, along with free spins!

While Call of Duty fans are worried if the game will be available on future Sony consoles, lovers of slot machines are enjoying their Call of Duty slot!

Developers have included original elements from the game as part of the online slot machine, ensuring that players get the most out of their experience.

Street Fighter is a blast from the past as the beloved game came out in 1987 as an arcade game. The slot game features elements from the original arcade game as players are able to choose their own character.

The 25 pay lines mean that players have a variety of wagering options. Gamers can place bets as little as 0.01 or as high as $20 perfect for anyone who doesnt want to start risking big!

The logo acts as the scatter and it can trigger wins if you land two or more and the bison is wild and can only appear in the fourth reel, so be sure to keep an eye on them!

The video game was released in 2003 and won Game of the year twice in a row. Seeing how quickly the video game gained popularity, developers produced a slot machine with the same name in hopes of attracting fans.

Zuma is a slot machine game featuring 5 reels, 20 pay lines, bonus rounds, wilds, free spins, scatters, and so much more which can be won!

Pull a Britney Spears and be starstruck as you combine two things you love: video games filled with your favorite characters and winning money. Head over to online casino sites and start playing while your favorite characters keep you company!

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Are There Any Video Game Themed Online Casinos? - PlayStation Universe

Chennai: Tamil Nadu government is set to draft an ordinance with immediate effect to ban online games that include betting and gambling and also regulate games that are addictive in nature by restricting the time and money spent on them. A high-level committee constituted by the state government headed by retired Judge of Madras High Court, Justice K. Chandru had recommended the banning of online games. The committee submitted its report to Chief Minister M. K. Stalin on June 27.Also Read - After Stealing Mother's Jewellery to Fund Online Game, 12-Year-Old Delhi Boy Runs Away From Home

State Chief Secretary V. Irai Anbu had held a meeting of top officials on Saturday to bring out a ban on online betting and gambling but will not go for a strict ban on all online games. Instead, the government is planning to restrict and regulate the games and limit the time spent on online games to one a day or once in a week. The amount of money to be spent on online games will also be restricted.

As many as 17 people have committed suicide in the past three years due to online games. The committee constituted by the government has given a report that online games have turned into an addiction in nature for those playing and money is lost in huge volumes, according to news agency IANS.

The Central government is also in discussions with the states to bring in new legislation or changes in the existing legislation to regulate the industry. A study by the Union government has pegged the number of people playing online games in the country at 400 million and expected to reach 700 million by 2025.

Several political parties in the state including Pattali Makkal Katchi (PMK) have been vociferously campaigning in the state for effecting a ban in the state for online games. However, as per IANS sources, if a total ban is implemented, it would lead to several legal battles, and hence it is contemplating a regulation of the game and to allow only a restricted amount to be spent in a fixed period of time to play online games.

(With IANS inputs)

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Online Gamers in Tamil Nadu, Attention! Govt May Soon Ban Virtual Gaming. All You Need To Know - India.com

Online operator 888 Holdings and gambling technology business Playtech have expanded an existing content partnership to support their respective plans to grow their US operations.

Under the multistate agreement, Playtech will provide its live casino and random number generator (RNG) games to the 888casino brand across a number of states, beginning with New Jersey.

888casino alreadyoffers Playtechs content across several regulated markets around the world, with the broadening of the agreement focused on expanding its 888 business.

This agreement will enhance the overall player experience by offering more entertaining and dynamic games, which is a key part of our content and product leadership strategy, 888 US president Howard Mittman said. We look forward to welcoming Playtechs content and growing our partnership together.

Playtech chief operating officer Shimon Akad added: I am thrilled that our trusted partners, 888, have chosen to take our live casino and RNG games across multiple states, marking another exciting step in our expansion in the US.

Live casino is Playtechs newest proposition to the US market and it is giving operators the opportunity to diversify their offering, resulting in great demand for our industry-leading software.

The expanded deal comes after 888 this monthcompleted its acquisition of William Hills non-US assetsfrom Caesars for 1.95bn. Because of the deal, 888 now counts William Hill and Mr Green among its brands alongside 888casino and SI Sportsbook.

Also this month, Asia-based investment groupTTB Partners announced it will not be making a bid to acquire Playtech. TTB said that it would not proceed with the proposed deal due to challenging underlying market conditions.

The group added that it continues to be supportive of the Playtech board and the executive management team, as well as their strategy for Playtech and the prospects for the business.

Playtech also recentlycompleted the sale of its Finalto financial trading divisionto Gopher Investments for $250m.

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888 and Playtech to expand US presence with multistate deal - iGaming Business

The Buffalo Bills won the AFC East for two seasons in a row after finally dethroning the New England Patriots. Now, the Bills are seeking a third-straight AFC East Division and enter the new season as a -225 odds favorite. The Miami Dolphins, at +450, are their closest competition, followed by the Patriots at +500.

The Bills are the consensus favorites to win Super Bowl 57 at +600 odds. You can also back them at +300 odds to win the AFC Championship. Despite stellar seasons for the past two years, the Bills failed to win the AFC and secure a spot in the Super Bowl. Everyone in the Bills Mafia thinks that this will really be the year that Josh Allen leads them back to the Super Bowl for a chance to exorcise all those demons from the 1990s.

And then there are the New York Jets, bringing up the rear as usual. Well try to be positive this season and not poke fun at the #LOLJets. The bookies dont have any faith in the Jets this season because theyre massive long shots at +2200 odds to win the AFC East for the first time since 2022. To put that into context, quarterback Zach Wilson was three years old the last time the Jets won a division crown 20 years ago.

The Bills were 13-3 in 2020 and went 11-6 last season, yet they were derailed in the postseason, missing the Super Bowl each time. The Bills lost to the Kansas City Chiefs in the AFC Divisional Round last year in what was dubbed the greatest NFL playoff game in the modern era. The NFL altered overtime rules because the Bills never had a chance to get the ball in overtime. Thats good, but doesnt change the fact Allen never had a chance to answer Patrick Mahomes in OT.

The Bills will be road warriors to start the season, with four out of their first six games prior to the bye week being played away from home. The Bills face early tests on the road against the LA Rams, Miami Dolphins, Baltimore Ravens, and a revenge game against the Chiefs in Week 6. The Bills have a somewhat easy stretch of eight games starting in November before ending the season with road games against the Chicago Bears and Cincinnati Bengals, plus a tough home game against the New England Patriots in Week 18.

We dont have too much faith in the Dolphins to usurp the Bills, which is why we love the Bills at -225 odds to win the AFC East. The Bills are tied with the Tampa Bay Bucs with the highest win total in the NFL at 11.5 o/u.

The Dolphins will ride or die with Tua Tagovailoa. If Tagovailoa can play an entire season without any serious health issues, then the Dolphins could win double-digit games and secure an AFC wild-card berth. But thats a big if. New head coach Mike McDaniel is another offensive wunderkind. The Dolphins plucked him off the Kyle Shanahan coaching tree, but McDaniel loves to think outside the box. Well see if the rookie head coach can handle the arduous task of being a head honcho in the NFL. Its a copycat league, and the Dolphins are desperate to find the next Sean McVay.

The Dolphins could begin the season 0-4 with games against the Patriots, Baltimore Ravens, Bills, and Cincinnati Bengals. Five of their final six games include four tough road games against the San Francisco 49ers, LA Chargers, Bills, and Patriots. They also host the Green Bay Packers on Christmas Day. The Dolphins could end the season with a 1-5 clip with the Jets as their only easy game in the final six-pack of the season.

The Dolphins are +450 odds to win the AFC East for the first time since 2008. Based on their tough schedule, the Dolphins have a current win total of 9.0 o/u, and we like the under.

The Patriots have only missed winning the AFC East three times since 2002, including in both of the last two seasons. Bill Belichick will try to jumpstart the dynasty, but its rare to see the Patriots listed as the third favorite in the division. The Pats clawed their way to a 10-7 record under rookie quarterback Mac Jones, and we expect them to do the same this year and claim an AFC wild-card berth.

The Patriots begin the season with three out of four games on the road, including the Dolphins, Pittsburgh Steelers, and Green Bay Packers. They then have a mid-season breather with seven straight games against teams that missed the playoffs last year, including the Jets twice. The Patriots face a challenging end of the season starting December with home games against the Bills, Cincinnati Bengals, and Dolphins. Plus, they have tough road games against the Arizona Cardinals, Las Vegas Raiders, and Bills to close out the season in Week 18.

You can take a flier on Belichick and the Patriots at +500 odds to win the AFC East and upset the Bills. Oddsmakers installed the Patriots with a win total of only 8.5 o/u, and we love the over.

The Jets crushed the 2022 NFL Draft, which is a huge surprise considering they usually screw it up every year. Gang Green had three first-round picks and selected CB Sauce Gardner (Cincinnati) at #4, WR Garrett Wilson (Ohio State) at #10, and edge rusher Jermaine Johnson (FSU) at #26. They also added RB Breece Hall, TE Jeremy Ruckert, OT Max Mitchell, and DE Michael Clemons.

However, the biggest news about the Jets this offseason were the rumors that quarterback Zach Wilson had sexual relations with his mothers best friend. The truth bomb was unleashed by his ex-girlfriend at BYU, who aired Wilsons dirty laundry on social media. The cougar memes blew up right away, despite Wilson denying the accusations. Its never a dull day with the #LOLJets and their cougar-hunting, Mormon quarterback.

The Jets are +2200 odds to win the AFC East, but save your money. Bookies set the win totals at 5.5 o/u for the Jets this season. Its going to be another long winter of discontent with Gang Green.

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2022 AFC East Odds: Can Anyone Whack the Bills... - Online Gambling

In the last several years, online casino technology has advanced significantly. This is of utmost significance because big casinos are now enjoying impressive levels of financial success. Consequently, they continue to pour significant resources into research and development initiatives.

The iGaming industry has been able to develop and incorporate new technology. That has, in turn, allowed them to not only remain competitive and relevant but also be a trendsetter. One of the finest examples of the dominance of the online casino business can be seen in the United States of America.

For anyone that is looking for casinos online, USA sites are among the best out there. As a result of the rising number of states that have legalized iGaming, the country can boast of a tremendously active market with substantial spending power. In response, the casino sector has seen a spike in activity and innovation as businesses battle for a piece of the lucrative market.

So, what exactly does it have to offer?

Technology makes steady strides forward with each passing day, and with that, our daily lives have been irrevocably altered. There is no doubt that these advancements are having a substantial impact on online gaming. The most notable ones include:

Players may now experience the thrill of gambling in a real casino while using an online gambling website or mobile application. Video feeds, rather than animations, create a more realistic game when engaging with live dealers. These realistic interactions are a vital part of the whole gaming experience. It means players are not constrained to merely interact with computer programs. Most individuals prefer the live quality of this approach to more conventional methods.

As blockchain technology gains traction across a broad range of industries, the gaming industry is seeing an increase in the usage of cryptocurrencies. Digital currencies are used by many online casinos. All of them get to benefit from the speed, cost-effectiveness, and security features that the technologies have been built to offer. While there is still room for improvement, the US has set the pace for other markets looking to capitalize on crypto and blockchain in this manner.

Mobile phones, PCs, and tablets have made it easier than ever for gamers to enjoy a casino experience from the comfort of their homes. The emergence and advancement of cloud gaming technology have proven advantageous in this respect. It has made things easier for gamers by allowing them to enjoy games from remote servers on their devices at home. Using this method, gamers do not even need to download or install the games on their devices.

Even though AR and VR are still in their infancy, they have a lot of promise in the game business. A broad variety of applications are now possible thanks to the increased availability of AR and VR technologies, especially gaming headsets. We can already see some of this in the software of modern online casinos. Considering the ability to engage with a live dealer and even other players, this is a great opportunity for those who like virtual games.

The term metaverse refers to a virtual environment that is produced by fusing aspects of the real world with digital content. It fundamentally broadens our conception of the benefits that AR and VR may provide to us in the future. This is quite interesting news, particularly when one considers the potential for this to be utilized in the creation of gambling experiences that are genuinely immersive and realistic. It is already being tested by several significant IT companies as well as iGaming providers.

There are so many uses for artificial intelligence in the online gambling industry. First and foremost, the integration of these technologies with big data analytics makes online casinos more secure. This may be accomplished by sifting through data to spot any unusual patterns. Problem gambling or even fraud may be indicated by such activity.

The technology may also help customer service. Chatbots have been around for a long time, and thanks to AI, they are becoming better and better. This means that players can get answers quickly and get excellent advice if they ever need it.

The growth of casinos in the USA has long been a matter of discussion, but it now seems that things are beginning to move more quickly. This indicates that there is still a market for new casinos in the US, which is encouraging for the sector. Additionally, it demonstrates that other jurisdictions may have success with comparable advancements.

Expansion of the casino industry also results in more jobs being created and more tax revenues. The United States, in addition to being a trendsetter, serves as a benchmark for other countries and regions that want to make money off online gaming. The supporting technology is undergoing rapid development, which is great. To guarantee that they will not repeat the same errors, all they need to do is think out of the box.

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How USA-Facing Online Casinos Are Setting Trends in Innovation and Quality - Intelligent Living

Online gambling revenue in Michigan amounted to $136.9m (114.0m/133.8m) in June, an increase on last year but the third consecutive month of decline in the US state.

Gross internet gaming and sports betting receipts from commercial and tribal operators were up 19.9% from $114.2m inJune 2021, but 14.9% lower than $160.9m inMay of this year.

Internet gaming gross receipts were 36.2% higher year-on-year at $121.5m. Sports betting gross receipts amounted to $15.4m, down 38.4% on last year, despite a 14.8% year-on-year increase in handle to $270.0m.

Total adjusted gross receipts, which account for promotional spending, were $114.4m, with $109.4m from igaming and $5.0m sports wagering.

Licensed operators submitted $22.8 million in taxes and payments to the State of Michigan during June including $22.5m in igaming taxes and fees and $328,954 worth of sports betting taxes and fees.

The Michigan Gaming Control Board (MGCB) also noted that aggregate igaming adjusted gross receipts reached $681.7m, with aggregate internet sports betting adjusted gross receipts at $74.1m.

Last week, it was reported that the three commercial casinos in Detroit, Michigan,posted $98.6m in total revenue during June, an 8.8% drop on the same month last year.

Revenue from the MGM Grand Detroit, MotorCity Casino and Penn Nationals Hollywood Casino at Greektown was down from $108.1m in June 2021 and also 9.3% lower than $108.7m in May of this year.

Breaking down the monthly performance, table games and slots were responsible for $98.2m of all revenue for the month, but this was 7.2% lower than in June of last year.

Turning to retail sports betting, and qualified adjusted gross receipts (QAGR) here reached just $448,703, down 80.5% from $2.3m in June 2021, with players wagering a total of $22.4m.

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Michigan online gambling revenue declines for third consecutive month in June - iGaming Business