Tag: gambling

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Crypto Gambling

The phenomenon of bitcoin casinos has been fascinating. With the rise of bitcoin, it is no wonder that bitcoin is accepted as a form of currency in these casinos. Cryptocurrency casinos are the new way to gamble online. With bitcoin, you can be sure that your money is safe and secure. You can also enjoy…
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18 April 2022 0

China’s digital yuan could be a fatal blow for Macau casino junkets

Beijing’s bid to better control money laundering and illicit transactions through a fully traceable central bank digital currency could pose a threat to the country’s popular gambling hub Macau.  A hotspot for tourists — of which 70% come from mainland China — the region’s gambling business could reportedly be adversely impacted by China’s use of a…
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22 April 2021 0

Macau poised to amend laws to enable digital yuan trials

Macau is pushing forward with preparations fo the roll out China’s digital yuan, which could help crack down on tax evasion in its opaque gambling industry. On April 13, Ho lat Seng, the chief executive officer of the Chinese island territory, told local lawmakers the government is planning to amend legislation that would allow the…
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15 April 2021 0