Spain’s Supreme Court overturns portions of gambling ads ban

As the dust settles on the 2023/24 Premier League season, leading online gaming company finds itself in an unusual position. While Manchester City celebrated lifting the Premier League trophy for the fourth consecutive time, bet365 was left to count the cost of a season that ended in a way few could have predicted.

The Day the Punters Won” The final day of the season saw all the favourites win their matches, a scenario that led to bet365 announcing it had experienced a “shockingly bad” end to the season. Steve Freeth, ’s PR man, described the day as one where punters signed off in style with a full house of favourites winning. The 10-fold paid 103/1 at kick-off, with nine teams paying out early thanks to bet365’s 2 Goals Ahead Payout. Adding to the company’s woes was the Acca Boost of 35% for all correct 10-folds, resulting in the biggest payout of the campaign. The company was given a glimmer of hope when VAR checked Kai Havertz’s late winner, but the German’s 89th-minute goal stood, sealing a miserable final day for bet365 but a joyous one for its customers.

However, the weekend wasn’t entirely successful for punters. Saturday saw heavy favourite Tyson Fury suffer defeat at the hands of Ukrainian Oleksandr Usyk in an Undisputed World Heavyweight title fight in Riyadh, Saudi Arabia. This result led to the majority of UK bettors tearing up their bets, handing bet365 a much-needed win. Despite the football results, Freeth noted that the company had a brilliant result in Riyadh with Tyson Fury being edged out on points by Oleksandr Usyk. However, any profit from this event was quickly swallowed up by the football results on Sunday.

As the season ends, bet365 is already looking ahead to the next one. The company has released early odds for the 2024/25 Premier League, with Manchester City a shade of odds-on at 10/11 to win a fifth consecutive title. Arsenal are priced at 9/4, with Liverpool at 8/1. But before that, there’s the small matter of the Euros to contend with. As this season has shown, in the world of sports betting, anything can happen.

is embarking on a strategic shift beyond casinos and gambling. The city-state plans to diversify its revenue streams and reduce its dependence on gaming revenue. This decision comes in the wake of Director Xia Baolong’s recent official visit to Macau and is a significant development in the region’s economic landscape. According to Chief Executive Ho Iat Seng, the gaming industry accounted for about 36 percent of Macau’s GDP in 2023, with the rest being non-gaming elements.

While it is estimated that the share of GDP from the gaming industry will increase in 2024, the government aims to maintain the share at 40 percent or below. To achieve this, Macau is implementing the “1+4” appropriate economic diversification strategy. This strategy aims to enrich function as “One Centre” for integrated tourism and leisure, while facilitating the development of four nascent industries. These include the ‘Big Health’ industry, modern financial services, high and new technology, and convention and exhibition, sports, and the commercial and trade industries.

This strategic shift was further emphasized following the seven-day official visit by Mr Xia Baolong, the Director of the Hong Kong and Macao Work Office of the Communist Party of China (CPC) Central Committee and the Director of the State Council’s Hong Kong and Macao Affairs Office. In addition to this, recent updates in travel, such as the NIA’s new measures for mainland travellers and the inclusion of 8 new cities under the FIT scheme, are set to benefit not only gaming visitors but also visitors for non-gaming activities and business travels.

Despite these plans for diversification into non-gambling sectors, gambling revenue still remains a significant portion of Macau’s revenue, with a 26 percent increase in Gross Gaming Revenue (GGR) compared to the same period last year. This underscores the challenge and the opportunity that lies ahead for Macau as it navigates its path towards economic diversification.

Greenlite Ventures has announced its acquisition of NoLimit Technology Holdings. The deal, whose financial details remain undisclosed, is set to conclude following a due diligence period of 30 to 45 days.

NoLimit, a company known for its gaming-related products including the NoLimit Betting Exchange and a crypto-powered Daily Fantasy Sports (DFS) platform, is now part of Greenlite’s expanding portfolio. Greenlite has also expressed its intention to launch a user-friendly cryptocurrency exchange that complies with relevant laws in the future. Greenlite chairman Russell Elbaum expressed his excitement about the acquisition, stating that the launch of their new Sports Podcast Network, led by Defo’s ‘Bury Your Bookie’ show, is set to drive significant daily traffic to NoLimit’s exchanges and platforms. He believes that this will allow them to leverage their celebrity partners and abundant media opportunities to establish a powerful niche in the rapidly growing $300 billion industry. Subtitle: “Continuity and Innovation: The Road Ahead” Post-acquisition, NoLimit founder Rafael Groswirt will continue to lead the business.

He sees Greenlite’s resources and platforms as a means to compete with industry leaders and predicts that Greenlite’s sports and media connections will enable partnerships and white-label collaborations with major players in the sector. Founded in 2014, NoLimit started as a crypto-focused online gaming business based in California. Its first product was a cryptocurrency called NoLimitCoin, designed to support fantasy sports platforms, including NoLimit’s own system. The company has also integrated AI with its cryptocurrency and other products, marking a new era of excellence and innovation in the online sports betting industry.

As Groswirt stated in 2023, “As NLTH integrates AI with our NoLimitCoin cryptocurrency, we are proud to pioneer a new era of excellence and innovation in the online sports betting industry.”

With this acquisition, both Greenlite and NoLimit have opened the doors to investors, partners, and enthusiasts to revolutionise the sports betting landscape.

CryptoGames has recently integrated Polygon (MATIC) into its platform. This strategic move is designed to significantly enhance the user experience by leveraging Polygon’s advanced blockchain technology, which offers faster transactions and reduced costs.

Polygon, formerly known as Matic Network, was established in 2017 by developers Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. It quickly gained recognition as a leading Layer 2 scaling solution for Ethereum. It addresses critical issues such as high transaction fees and network congestion by processing transactions on its sidechains. This process effectively bundles multiple transactions into a single submission to the Ethereum mainchain, reducing costs and enhancing transaction speeds.

Polygon’s modular Software Development Kit (SDK) enables developers to create and connect decentralized applications (dApps) on custom sidechains. It supports various scaling solutions like Plasma Chains, zk-Rollups, and Optimistic Rollups. Polygon’s Proof of Stake (PoS) chain allows participants to stake MATIC tokens to validate transactions, engage in network governance, and earn rewards.

Despite facing a security vulnerability in 2021, Polygon demonstrated resilience by raising $450 million in February 2022 from prominent investors like Sequoia Capital India, Tiger Global, and Softbank Vision Fund. This funding aims to bolster its infrastructure and expand its services.

The integration of Polygon (MATIC) into CryptoGames is driven by its exceptional ability to handle high transaction volumes with minimal fees. This is crucial for an online casino that prioritizes fast and cost-effective transactions. This integration ensures that players benefit from quicker and cheaper transactions, significantly enhancing their overall gaming experience.

Polygon’s widespread popularity and robust security measures make it an ideal choice for CryptoGames. By supporting a well-known cryptocurrency, CryptoGames facilitates an easier transition for users. This forward-thinking approach positions CryptoGames at the forefront of the industry, ready to leverage future advancements in blockchain technology.

The inclusion of Polygon (MATIC) brings numerous benefits to CryptoGames. Users can enjoy faster and more cost-effective transactions, which enhances the efficiency and enjoyment of their gaming experience. With Polygon (MATIC) as a supported currency, CryptoGames offers increased accessibility, providing more options for betting and transacting on the platform.

Moreover, Polygon’s advanced security ensures that users can place their bets with confidence, knowing that their funds are protected. This robust security framework is essential for maintaining trust and satisfaction among CryptoGames’ user base. By integrating Polygon, CryptoGames continues to stay ahead of its competitors, offering cutting-edge solutions that appeal to a broad audience of cryptocurrency enthusiasts.

CryptoGames, established in 2020, is a leading online cryptocurrency-based casino licensed and regulated by the Government of Curacao. The platform offers a diverse range of games, including Dice, DiceV2, Roulette, Blackjack, Lottery, Video Poker, Plinko, Minesweeper, and Keno. Supporting multiple cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Dogecoin, Monero, Bitcoin Cash, Ethereum Classic, Dash, Solana, Binance Coin, NeoGas, and now Polygon (MATIC), CryptoGames ensures a seamless and engaging gaming experience for both new and seasoned players.

CryptoGames prides itself on transparency and fairness through provably fair mechanisms, guaranteeing random and unmanipulated outcomes. The casino features a competitive house edge and offers various bonuses and rewards, including faucet bonuses, random vouchers, daily and weekly challenges, and a monthly wagering contest with substantial rewards. The VIP membership program provides exclusive benefits such as a lower house edge, increased exchange limits, and access to a VIP chat room, further enhancing the user experience. By integrating Polygon (MATIC), CryptoGames reaffirms its commitment to providing an advanced, secure, and user-friendly platform for cryptocurrency gaming.