What’s Happening in the Philippines, Local News and Philippine People
(AsiaGameHub) – SOFTSWISS has rolled out its new feature Motion in a bid to lower the demand for technical resources across operations. Billed as a ‘no-code workflow automation tool’, the feature is embedded into SOFTSWISS’s casino platform and allows
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(AsiaGameHub) – Following extensive deliberation, a new chapter is finally set to begin for gambling in Australia, as the government rolls out a long-awaited legislative overhaul. The Albanese Government’s reforms will establish a far stricter framework for gambling advertising,
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(AsiaGameHub) – The leader of the Commodity Futures Trading Commission (CFTC) has cautioned that prediction markets could meet a fate similar to FTX without a unified regulatory approach. Michael Selig, during a guest appearance on the Farokh Radio podcast,
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(AsiaGameHub) – The Lucien Barrière Group has acquired one of Portugal’s most historic casinos, Póvoa de Varzim Casino, thereby expanding its international retail portfolio. Póvoa de Varzim Casino, a seaside resort that employs 220 individuals, has been a fixture
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(SeaPRwire) – The price of Ethereum is currently $2,137, supported by 31,869 developers working on the Glamsterdam upgrade scheduled for June. This platform is a comprehensive exchange built for zero-fee trading, lower risk via contract vetting, and cross-chain functionality
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(SeaPRwire) – The history of Bitcoin demonstrates how small investments can yield significant returns, proving that early belief can influence the market. This initial excitement attracted millions to cryptocurrency and paved the way for the current search for more
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(SeaPRwire) – Large whale wallets are accumulating ETH at a rate that caught the market off guard, with the number of buying addresses spiking dramatically during the most significant correction since 2023. Tom Lee stated that crypto acts as
More(AsiaGameHub) – Singapore has announced a leadership change at the Gambling Regulatory Authority, with Hoong Wee Teck assuming the role of chairman effective April 1. This appointment ensures that a senior figure with extensive law enforcement experience will lead
More(AsiaGameHub) – Flutter has reintroduced its US poker operations under a new structure, bringing back the PokerStars brand rather than phasing it out entirely in favor of FanDuel. The new platform, which is listed in app stores as PokerStars
More(AsiaGameHub) – Two cities in Los Angeles County are seeking voter approval after California altered regulations concerning blackjack at cardrooms. Commerce and Bell Gardens will present residents with a proposal in June for a quarter-cent sales tax increase, as
More(AsiaGameHub) – JPMorgan Chase is exploring the possibility of entering prediction markets, though CEO Jamie Dimon emphasized that any such move would be restricted. While the bank hasn’t officially committed to a launch, the concept is currently under consideration.
More(AsiaGameHub) – The former Harrah’s Reno is once again the subject of market activity, though not as a returning casino resort, but as a redevelopment venture that may be attracting a new buyer. Madison Capital Group, which assumed control
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(AsiaGameHub) – Evoke, the operator of William Hill, is poised to close approximately 200 of its betting shops across the UK, with the initial closures slated to commence in May. This decision stems from the group grappling with increased
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(AsiaGameHub) – Gibraltar has awarded its first license to a prediction markets operator, putting the territory at the forefront of a sector that remains unregulated across most of Europe. The approval was granted to Predict Street Ltd, while officials
More(AsiaGameHub) – Pragmatic Play has expanded its online slot collection with the introduction of Jelly Express. This new game features a candy theme, a 6×5 grid, and a train mechanic that significantly influences gameplay in both the base game
More(AsiaGameHub) – Louisiana will not prohibit proposition betting and microbetting this year after a financial assessment highlighted worries about a significant loss of state income. Senator Katrina Jackson-Andrews stated she continues to consider the matter serious, but the anticipated
More(AsiaGameHub) – Following Washington’s lawsuit against Kalshi in state court, Robinhood initiated its own federal case just days later. This new legal action intensifies the ongoing dispute over prediction markets, with state regulators asserting that these products resemble gambling,
More(AsiaGameHub) – The Downtown Grand in Las Vegas is being prepared for a potential sale following a court-ordered receivership initiated in early January. This action follows a default on a $90 million construction loan, with court documents indicating that
MoreTLDR Billionaire Stanley Druckenmiller purchased shares of Alphabet and Amazon for the second consecutive quarter He boosted his Alphabet stake by 277% and Amazon stake by 69% during Q4 Druckenmiller sold his entire holdings in Nvidia and Palantir previously and
MoreTLDR Alphabet’s President of Global Affairs and Chief Legal Officer, John Kent Walker, disposed of 9,093 Class C shares on March 27, generating approximately $2.48 million. The shares were sold at prices ranging from $273.91 to $278.30. On March 27,
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