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Vegasino Aims to Disrupt Online and Crypto Casino Experience

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One stop destination for both high rollers and casual players, Vegasino is all set to revolutionise the online and crypto casino experience. With thousands of demonstrably fair games available to play, the multichain casino has been designed by the award-winning team behind Nevada Casino from the ground up to address existing online gambling limitations and issues. With a strong community backing, new and old investors alike can feel secure knowing that this loved, tried and tested project with its steel-like foundation has nowhere to go but up.

Launching soon on the Binance Smart Chain, the team behind Vegasino has reimagined the crypto gambling experience to streamline it and make it simpler and easier for people to play. The platform boasts multichain support and accepts a variety of cryptocurrencies for playing. Deposits and withdrawals are ultrafast, guided by the team’s single-minded focus to deliver the best crypto gambling experience online. The entire platform has been designed to maximise fun and accessibility for players.

Kajrak, Vegasino’s CTO, said, “We took what we learned from Nevada and put it together with our users’ feedback to create something that will be truly a game changer in the space.”

$VEGAS is the native token of the platform and is currently in the presale phase. The token is designed to bring value to the platform and give governance powers to its community. In addition to it being the native asset of a desirable crypto casino project, $VEGAS also benefits from the team’s commitment to reserve 20% of the platform’s profits for buyback and burn. This ensures a constantly rising floor for $VEGAS. Holders will also be able to stake their $VEGAS tokens for a generous 33% APY.

Vegasino will also allow other crypto projects to form partnerships and bring additional value to their communities. Vegasino also benefits with additional revenue streams, more users and greater visibility for the platform.

Starkess, Vegasino CFO, said, “Good marketing is essential for any project to succeed and our business model allows the casino to market itself. We are truly excited with all the partnerships we have in the works.”

Early investors will be familiar with how hard it normally is to get into presales for promising projects such as Vegasino. The team has come up with a unique solution to address this issue and make the process fair for everyone. Anyone interested in becoming an early investor will be able to secure for themselves one of the highly exclusive and rare Vegasino Alien NFTs. Each of these unique NFTs cost 0.25 BNB and gives its holder a whitelist spot, and in turn the ability to invest anywhere between 1 and 5 BNB (the native token of the BSC) into the presale. If that was not enough, the team has several utilities planned for these NFTs going forward. The first announced utility for Vegasino Alien NFTs is staking, giving a juicy 300% APR.

Vegasino’s casino platform is powered by Owl.games. The OWL team only works with prestigious gaming providers such as Evolution, Microgaming and Pragmatic Play and guarantees the fairness of the games provided. Accessible on both desktop and mobile, the casino boasts thousands of games including favourites such as Table Games, Poker and Slots to mention a few. The casino also offers sports betting.

To truly capture the atmosphere of live gambling in Vegas, Vegasino will regularly host various tournaments where players will be able to test their mettle against other players and prove their dominance.

The team recognises the importance of security and has committed to several security audits for its smart contract. The first audit will be with InterFi, to be completed before launch. A CertiK audit for the new contract will also follow later.

Vegasino will start a comprehensive post-launch marketing campaign and will be listed on both CoinMarketCap and CoinGecko. PD Cypher, the Marketing Manager, said, “We know what works in the space. Our marketing will be focused and results oriented.”

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Philippine Senate to Launch Inquiry into Online Gaming industry

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The Philippine Senate’s committee on games and amusement is going to launch an inquiry to discuss a series of bills and proposals put forward to address concerns over the growth of online gambling, with the outcome likely to determine whether the industry should be subject to tighter regulations or possibly a total ban.

The inquiry, scheduled to take place from Thursday 14 August, follows the initial filing by Senator Sherwin Gatchalian in early July of a bill seeking to tighten rules around online gaming and specifically around the ease of utilizing e-wallets for cash transactions on online sites. That bill prompted others to push for a total ban, with Philippine President Ferdinand R Marcos Jr since revealing he would consider such a ban pending the outcome of discussions with various industry stakeholders.

“On Thursday we will tackle the bills on online gambling in the Senate committee on games and amusements. I made a commitment to prioritize these bills because the problem is escalating. It’s already a crisis. So, we really need to take action to solve this problem,” Senator Erwin Tulfo, one of the leading proponents of a total ban, said.

“Our problem is, we were not ready. There is no regulation, and it is why people are gambling recklessly. There is no control of up to how much to gamble. Come what may. Entire salaries are being gambled. Anything is being placed as a bet. Even children are gambling now.”

Tulfo revealed that the Senate committee will discuss four bills, three resolutions and a privilege speech addressing the social impact of the online gambling industry – also known as remote gaming or eGames. As reported by PAGCOR, the eGames sector generated GGR of US$2 billion in the first six months of 2025 alone.

Industry stakeholders, including licensed operators, have in recent weeks rallied to opposed a total ban while promising to support the implementation of some restrictions. On Friday, a group of 19 licensed online gaming operators announced the formation of the PlaySafe Alliance of the Philippines – a unified industry association they say is committed to responsible gaming, regulatory compliance, consumer protection and combatting illegal gambling.

The post Philippine Senate to Launch Inquiry into Online Gaming industry appeared first on European Gaming Industry News.

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MelBet Announces New Partnership with СPL 2024 Champion Saint Lucia Kings

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MelBet has announced a new partnership with the СPL 2024 Champion Saint Lucia Kings.

As a Principal Partner, MelBet, the iGaming company, will support the Kings on their journey to defend their title during the upcoming season.

Both the platform and the team share the same belief: perseverance and tenacity make champions. Anyone who is inspired by the desire to win, who believes in themselves and never gives up, deserves a reward, and loyal MelBet fans know this better than anyone. As part of the partnership, MelBet will become an integral part of the St. Lucia Kings team, supporting players and fans on their way to victory.

“We’re excited to enter the season with MelBet as our Principal Partner. Their reputation for turning every moment into an unforgettable experience is a perfect match for our team. We’re confident that this partnership will bring us the luck and success we need as we aim for another great season,” said Satish Menon, CEO of Saint Lucia Kings.

“We are absolutely delighted to welcome MelBet as our principal partner for the upcoming CPL Season 13. This partnership marks an exciting new chapter for the Saint Lucia Kings, and we are confident that MelBet’s passion for sports and commitment to excellence align perfectly with our own ambitions. We look forward to a successful season both on and off the field,” said Saurabh Arora, Chief Commercial Officer of Saint Lucia Kings.

The post MelBet Announces New Partnership with СPL 2024 Champion Saint Lucia Kings appeared first on European Gaming Industry News.

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Genting Singapore Appoints Lee Shi Ruh as its New President and COO

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Genting Singapore chief financial officer (CFO) Lee Shi Ruh has been appointed president and chief operating officer (COO), filling a position that had been vacant for three years.

The role was last held by former president and COO Tan Hee Teck, who was promoted to chief executive officer in May 2022.

Lee has now stepped down as CFO, the group announced in a bourse filing on Friday (Aug 1). That role will be taken over by Ang Suat Ching, currently CFO of Resorts World Sentosa (RWS), an indirect wholly owned subsidiary of Genting Singapore. Ang will retain her role at RWS.

These changes follow the retirement of Tan, who stepped down as CEO and chairman of RWS in May.

From Jun 1, Lim Kok Thay, executive chairman of the Genting Group, assumed the role of acting CEO, while Lee took on the position of CEO of RWS.

“These appointments reflect our commitment to leadership renewal as the group enters its next phase of growth,” said Lim.

He added that Lee “brings a proven track record of sound decision-making, strategic discipline, and a clear understanding of the group’s long-term priorities, which will be invaluable in her expanded role as president and COO”.

He also noted that Ang’s financial expertise will support the group’s long-term value creation.

The post Genting Singapore Appoints Lee Shi Ruh as its New President and COO appeared first on European Gaming Industry News.

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