Tag: gambling

Crypto Casino Revenue Jumps Fivefold as Global Regulations Evolve

Crypto Casino Revenue Jumps Fivefold as Global Regulations Evolve

• Regulation

With explosive growth and increased regulation, these new players are making historic waves in the online gambling market. Gross gaming revenue from crypto-based platforms has skyrocketed to $81.4 billion in 2024, a fivefold increase since 2022. The European Union’s Markets in Crypto-Assets (MiCA) framework, which does the same, will take...

Canada's Crypto Casino Gamble: Will Regulators Protect Players?

Canada's Crypto Casino Gamble: Will Regulators Protect Players?

• Commentary

The flashing lights, the promise of overnight millions, the blanket protections of severe regulation – crypto casinos are on fire right now. We read the headlines yelling at us about all these billions in new revenue, about platforms that are processing insane amounts of Bitcoin. But beneath the surface glitz,...

Crypto Casinos in Canada 2025: A Boon or Bane for Artists?

Crypto Casinos in Canada 2025: A Boon or Bane for Artists?

• Commentary

Whether you’re an established artist, or newcomer finding it difficult to pay the bills in Canada’s ever-growing arts and culture sector… Let’s be real though—the traditional paths are stifling, bureaucratic, and let’s be honest—soul crushing. What if the answer to your funding woes lies within the thrilling, new realm of...

Crypto Casinos in Canada: Are Regulations Coming in 2025?

Crypto Casinos in Canada: Are Regulations Coming in 2025?

• Facts

Canada's online gambling landscape is evolving rapidly. Fast forward to April 2022 with the successful launch of iGaming Ontario, bringing third-party operators into the provincial market. These operators are required to register with the Alcohol and Gaming Commission of Ontario (AGCO) and enter market agreements with iGaming Ontario. This action...

Pump.fun: Democratizing Crypto or Just Another Casino for the Masses?

Pump.fun: Democratizing Crypto or Just Another Casino for the Masses?

• Commentary

Now picture Anya, a talented young artist from a remote village in Cambodia. Her lush silk paintings, rich with ancient Khmer symbols, have no venue outside the local tourist traps. Then, she discovers Pump.fun. Now making good on her plan to create “SilkDreams,” her own crypto token, seemed possible. With...

Pump.fun's $4B Dream: Innovation or Just Another Crypto Casino?

Pump.fun's $4B Dream: Innovation or Just Another Crypto Casino?

• Commentary

Four billion dollars? For meme coins? That’s the speculative valuation Pump.fun is going after with its proposed launch of their own PUMP token. It makes you stop and ask: Are we witnessing the democratization of finance, or just the gamification of speculation on a grand, potentially dangerous, scale?$4B Valuation Seriously?...

NFT Casino Regulation: A Global Wild West or Necessary Evil?

NFT Casino Regulation: A Global Wild West or Necessary Evil?

• Commentary

NFT casinos are becoming increasingly popular, producing a mesmerizing mix of blockchain innovation and the ancient human desire to play games of chance. This combination can be a little nerve-wracking. This isn’t simply your grandpa’s rusty old slot machine adapted for an online casino site. It’s a completely different world,...

Amusnet's NFT Gamble Will iGaming's Future Be Decentralized?

Amusnet's NFT Gamble Will iGaming's Future Be Decentralized?

• Commentary

A huge thank you to Amusnet for sponsoring the < Most Traded NFT Collection > Award! That, or it’s a stroke of genius, or iGaming is just on the verge of getting truly freaky. And as someone who's been watching the blockchain space evolve (and sometimes devolve) for years, I'm...

Moonfrost's Mystery Boxes: Gambling or Gaming's Future?

Moonfrost's Mystery Boxes: Gambling or Gaming's Future?

• Commentary

Moonfrost’s OG Mystery Boxes will be available on June 12th. Are they the next brilliant evolution of gaming, or the world’s most elaborate lottery ticket in Web3 clothing? The answer, like the box itself, is complicated and unclear. One thing is clear: this highlights a critical debate we need to...

TON's NFT Gamble: Will First Force's Drop Attract or Alienate?

TON's NFT Gamble: Will First Force's Drop Attract or Alienate?

• Commentary

Will TON’s First Force NFT drop be a power move into the NFT market? Or will it turn out to be an expensive blunder that sends users running? We’ll have to see, but that’s the billion-dollar question as Telegram takes a full plunge into blockchain. The project supports a vibrant...

Japan's "New Capitalism 2025" Plan Signals Regulatory Embrace of Bitcoin and Web3

Japan is strategically positioning itself as a global leader in digital innovation with its updated "New Capitalism 2025" plan, released on April 13. Taken together, this plan represents a major regulatory turning point event toward welcoming Bitcoin and Web3 technologies. The initiative aims to leverage digital assets to solve social...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

5 Ways This Crypto Bill Empowers Southeast Asian Artists, Not Wall Street

Let’s be honest, when you hear about crypto regulation, your first thought probably isn't Southeast Asian artists finding new avenues for creative expression. Surely visions of Wall Street honchos and inscrutable derivatives dance in your head. Well, what if I told you that the Senate’s Banking Committee just released their...

Senate Republicans Forge Ahead on Crypto Market Structure Framework

Republican senators working on a new framework for digital assets legislation, riding the positive bipartisan wave in the Senate as of late. This announcement follows the Senate’s passage of a bill to regulate stablecoins last week. It was passing with overwhelming bipartisan support.Senators Tim Scott, Cynthia Lummis, Thom Tillis, and...

Crypto's 'Light-Touch' Regulation Gamble Will It Protect You?

The Senate Committee’s proposed “light-touch” regulatory framework for crypto is a long high-stakes poker game. Are we all truly holding a winning hand, or are we collectively bluffing our way into a future financial crisis? It’s a question every investor, every innovator, and frankly, every citizen should want to know....

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...