In Cyprus and the value of the local gambling industry reportedly more than doubled over the course of the five years from 2016 to account for roughly 2.98% of the island nation’s most recent annual gross domestic product (GDP).
According to a report from the Cyprus Mail newspaper, this figure was revealed yesterday as part of the fourth Play Safe Conference, which was hosted online by the country’s National Betting Authority watchdog. Attendees were purportedly also told that online and land-based forms of gambling were responsible for 0.99% of the small country’s 2016 GDP in advance of hitting an all-time high of 3.44% for 2019.
Significant spring:
Although this contribution retreated to 2.98% for last year as a direct result of the fallout …
After a thorough investigation, the New Jersey Division of Gaming Enforcement (NJDGE) decided not to press charges against Evolution, which was allegedly accused of misconduct.
Attempts to discredit the company:
According to the allegations, Evolution allowed the countries subject to US trade sanctions to use their products. The case was opened for the first time in November 2021, when the law company Calcagni & Kanefsky LLP accused Evolution of it.
Back then, Evolution said that they weren’t guilty of that and that the main motive behind the accusati…
Swedish online casino games developer Play‘n GO has announced that it has exploited the giant Megalodon sharks that once roamed the darkest recesses of the planet’s oceans as the theme for its new five-reel Mega Don video slot.
The Stockholm-headquartered firm used an official Thursday press release to proclaim that its ‘latest sea-themed game really has some bite’ and challenges players to collect matching fish symbols for the chance to bank up to 10,000 times their triggering stake. The innovator also declared that this new 1,024 ways to win online casino title comes complete with ‘cartoon-style graphics’ as well as an atmospheric soundtrack and ‘clear goals’ that are destined to make it enjoyable for both amateur and experienced …