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500 .com completes placement, receives bitcoins

500.com closed its previously announced private placement transaction with Good Luck Information Technology and has received 356.04342 Bitcoins and US$11.5 million in cash. The company has issued 85,572,963 newly issued Class A ordinary shares to Good Luck Information.

Alvin Chau may be interested in Bitcoin mining

A company held by Suncity Group Executive Director Alvin Chau is in negotiations to purchase cryptocurrency mining hardware, usually used to mine Bitcoin.
500.com

500 .com surges on bitcoin transformation

China sports lottery company 500.com has continued its transformation into the bitcoin space with the all-stock acquisition of bitcoin mining company BTC.com and investors appear to approve.

500.com to buy BTC.com in all-stock transaction

Chinese lottery company 500.com said it agreed to buy bitcoin mining company BTC.com in a all-stock transaction. 

500 com enters agreement for more bitcoin mining machines

500 com has announced that it has entered into a definitive purchase agreement for 5,900 bitcoin additional mining machines for a total consideration of approximately RMB55.2 million US$8.5 million). All of the bitcoin mining machines are expected to be delivered in the second quarter of 2021.
Russian Online Casino

Russia central bank cracks down on online casinos

Online casinos and illegal bookmakers are feeling the squeeze after the Russian central bank has made it very difficult for punters to get paid.
bitcoin rally

What does the bitcoin rally mean for gaming?

Bitcoin’s meteoric rise in the last three months has recaptured the news headlines and the imagination of speculators the world over, especially as it continues to set new highs almost daily.

500 com buys bitcoin mining machines

500 com has announced that it has entered into a purchase agreement for approximately US$14.4 million worth of its Class A ordinary shares in order to acquire bitcoin mining machines from an unnamed seller.

Number of blockchains, bitcoins hindering gaming uptake

There should only be one massive blockchain platform as the multiple possibilities in the market at the moment are creating confusion and hindering uptake by the gaming industry, Jimmy Nguyen, founder of the Bitcoin Association said.
bitcoin

Bitcoin offers opportunities as Covid costs mount

Since it was created more than a decade ago, bitcoin has found itself caught in the unenviable nexus between exciting innovation on the one hand, and controversial disruptor on the other.
Life After Pogos

Life After POGOs – AGB Dossier

This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.

Australian market report: How to adapt to the new normal

Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Agbriefings February 21

Asia Gaming Briefings – Feb 2021 Edition

The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
asia gaming briefings Dec 20

Asia Gaming Briefings – Dec 2020 Edition

Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
news, macau, gambling

Asia Gaming Briefings – Nov 2020 Edition

While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.