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Russia to formulate new legislation on cryptocurrencies

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Russia-new-legislation-on-cryptocurrencies Russia to formulate new legislation on cryptocurrenciesReading Time: 1 minute

 

The Russian Parliament Duma is likely to consider a new legislation on cryptocurrency in the coming winter. Anatoly Aksakov, the State Duma Committee head on the Financial Market, said that the parliament will consider a new regulatory bill to monitor the cryptocurrency circulation in the market space in January or February

He said: “The long-awaited law on digital financial assets is in the GPU for approval … It is in conjunction with two others: the law on the regulation of investment platforms or crowdfunding and changes to the Civil Code. We agreed that the law on digital financial assets should be adopted along with these two legislative acts … Judging by the information that I have, this is January-February. Most likely, February, of course. Consideration of all three bills should pass,” he stated.

Earlier last year, the lower chamber adopted the first reading of digital assets bill, which was introduced by the Federation Council members with Aksakov as the head and the deputies of State Duma. However, his statement suggested that this time in February the law would be framed in such a way that it administers crypto activities in the insurance and banking sectors.

 “The next law from digital is a bill regulating the activities of electronic platforms, in use, the marketplace. I submitted this bill to the State Duma for consideration at the end of December. We have a plan to adopt this law by February 15 in order to launch a pilot project about 20 credit institutions and the Moscow Stock Exchange are preparing, “he said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Russia to formulate new legislation on cryptocurrencies

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Ferrari to Set Up Their Own Esports F1 Team

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Ferrari is going to set up their own Esports Formula 1 team.

“Esports is increasing in terms of interest and certainly as Ferrari we are looking seriously into it. We are not yet fully committed to the programme but it’s something where the discussions are ongoing. We will, very soon, make our own decision,” team principal Mattia Binotto said.

F1 Esports series was launched in 2017, which include all nine teams except Ferrari. The 2019 edition of F1 Esports series is having a total prize fund of $500,000.

F1’s Esports series includes a qualifying stage which allows the F1 teams to select their drivers for the Pro Series. Once the drivers have been picked, the Pro Series will take place between September and December across four live events.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Ferrari to Set Up Their Own Esports F1 Team

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9stacks Launches Pokerface With Gopal Datt: India’s First Poker Chat Show

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poker-face-gopal-datt 9stacks Launches Pokerface With Gopal Datt: India’s First Poker Chat ShowReading Time: 2 minutes

 

Pokerface with Gopal Datt is a first-of-its-kind poker chat show which celebrates the lives and stories of poker players. This first episode can be watched on the 9stacks YouTube Channel here. Episode 2 of the series was released on Friday, 17th May 2019, on the 9stacks YouTube channel. The episode that has Datt interview poker heavyweight Deepak Bothraand TVF Bachelors fame Badri Chavan, can be watched here.

The twist is that each episode features one actor/celebrity and one poker player, and gets both to spill the beans about their journey to fame and fortune. In a fun way, this draws parallels between the featured celebrities and poker players and celebrates the achievements of both guests.

The first episode of the show, hosted by Gopal Datt (the Internet’s very own funny man), features Amol Parashar, of TVF Tripling fame, and one of India’s top poker players Nishant Sharma. Last year Nishant won the highest ever prize money by an Indian poker player at the World Series of Poker Main Event in Las Vegas.

Nishant, along with fellow poker pro Vivek Rughani, was part of the 9stacks Team India at the World Series of Poker and they became the first two Indians to enter the top 100 in the prestigious WSOP Main Event. Read the article here.

In the episode, Nishant speaks candidly about achieving his poker dreams and how he became a ‘Hero’ for other players in the industry. Many players now come to him for advice on their gameplay and some even ask him for selfies. His ‘Bina Darre’ playing style has won many hearts.

Nishant is accompanied by the celebrated actor Amol Parashar, who is also an avid poker player himself. An IIT Delhi alumnus, Amol was always into acting and was very interested in theatre. Amol recalled how his poker skills helped him sniff out a bluff early in his career: “Once I was offered a film with big casts like Mr. Amitabh Bachhan, Naseeruddin ShahSharman Joshi. Since I was new in the industry, I was asked to attend the workshop for the same where I was asked to pay Rs. 15,000 as room rent. I couldnt help but smell a bluff there. I mean, after all, if they were such a big film company, they surely wouldn’t ask me to pay Rs. 15,000 to book a room to rehearse in, right?”

Many more revelations came in the rapid fire segment of the show where the answers were ‘rapid and full of fire’. Unlike Koffee with Karan, the guests here got a lot of love instead of hampers!

 

Source: 9stacks

 

About 9stacks:

9stacks is India’s fastest growing online poker platform which provides a fun gaming experience with its easy-to-use interface, fastest withdrawals, attractive promotions and leaderboard prizes.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: 9stacks Launches Pokerface With Gopal Datt: India’s First Poker Chat Show

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Online Punters Having Issues Trusting UK Gambling Sites

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online-punters Online Punters Having Issues Trusting UK Gambling SitesReading Time: 2 minutes

 

According to the UK Gambling Commission and YouGov, an independent data and public opinion company, most players in the UK don’t trust online casinos.

There have been several surveys held and published by these two authorities. Despite a different scale, period, and groups of respondents, the results were strikingly similar.

One of the surveys only questioned over a thousand of gamblers in the UK while another one included many more. One of them only included gamblers while the other one wasn’t limited to gamblers only.

Regardless of these differences, both surveys concluded that:

  • Around 70% of gamblers don’t trust the UK’s casino operators

According to the official data, this percentage has dropped by roughly 20% since 2011. That’s certainly alarming for the online gambling industry, especially since so many measures are taken to ensure the player’s safety.

However, it’s the industry’s and, most importantly, its regulators’ own fault. They have been trying to raise awareness regarding rogue casinos, problem gambling and similar casino-related issues in the past.

It seems that with such a decline in casino users’ trust, they’ve been very successful. In a way, this is a good thing too. After all, self-aware gamblers are less likely to suffer from irresponsible gambling outlets.

Punters Don’t Trust Online Casinos

YouGov explored this issue further with more specific questions such as:

  1. Do you support the decrease of a maximum stake at FOBTs from £100 to £2?
  2. How serious are gambling companies when they say they want their players to gamble responsibly?
  3. Do you support prepositions to limit the spending, stakes and speed one can gamble at online casinos?

All three questions revealed that gamblers in the United Kingdom are mostly for further restrictions. This implies that they don’t trust the operators and sites where they place their wagers.

Public Opinion in Numbers

For example, only 9% of people oppose the reduction of a maximum stake at physical betting terminals at bookies. Similarly, only 19% oppose suggestions to add similar limits to online casinos too.

More than 80% and 74% respectively agree with the tightening of gambling options both online and offline.

When it comes to trust related to responsible gambling promotion by the gambling sites, the situation is very similar. 71% think that casinos aren’t serious when they’re promoting responsible gambling.

Likewise, only 26%, or one in four, believe such communications of online casinos are truthful.

Why Is There So Little Trust?

Many stories of gamblers suffering from mobile casinos and their addictions have surfaced in recent months. This includes the ineffectiveness of GAMSTOP and similar problem gambling organizations.

Another example (more than one, in fact) is of casino operators that send self-excluded players promotions and personal offers to make them play casino games again.

Such examples have naturally diminished the public opinion of gambling firms and the industry as a whole. The watchdogs still struggle to protect certain gamblers in some respects, so people generalize this news.

Combined with a gambling stigma and the myths of rogue casinos, like outlined on the blog of GoWin, it’s no surprise that there’s little trust in the casino industry online.

Luckily, the situation is slowly improving thanks to frequent discussions and problem solving efforts. So, this decline in the trust of UK online casinos can’t last forever.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article:
Online Punters Having Issues Trusting UK Gambling Sites

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