Asia
Vegasino Aims to Disrupt Online and Crypto Casino Experience
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.”
Asia
New Indian Law Aims to Curb Online Money Gambling Sector, Prohibits Related Advertising

Following the passage of the Promotion and Regulation of Online Gaming Bill 2025 on August 21, the government of India imposes a complete ban on online money games, alongside the advertisements related to the sector.
Passed by the parliament, any financial transactions related to these platforms would be considered unlawful as stated under the Information Technology Act of 2000. The legislation also aims to establish a national-level regulatory authority that will govern the categorising and registration of online games.
The said authority shall issue guidelines, codes of practice and directions for compliance, with strict punishments induced, leading to imprisonment for up to three years, and a fine to one crore rupees or 114,017 USD.
The advertisement of the said games is also punishable with similar penalties, with imprisonment up to two years and a fine of up to fifty lakh rupees 1140 USD.
While the law prohibited online money gaming such poker, rummy and fantasy sports that offer cash rewards, e-sports are considered and recognised as a legitimate competitive sport in India, and is not included in the total ban, as well as online social games or casual games that are recreational in nature.
This draws that the bill-turned-law, used a “balanced approach” since recognising that the online gaming sector is one of the most dynamic segments in the digital and creative economy, hence, still allowing esports and online social games.
This came after the report of over 45 crore or 45,000,000 people were reportedly affected by online money games and have lost more than Rs. 20,000 crores or 2,280.414 USD, according to Shri Ashwini Vaishnaw, Union Minister for Electronics and Information Technology.
According to the same ministry, the total ban was driven by the following reasons:
• Addiction and Financial Ruin
• Mental Health and Suicide
• Fraud and Money Laundering
• Threat to National Security
• Closing Legal Loopholes
• Encouraging Healthy Alternatives
Meanwhile, the bill also stated that while the online gaming authority governs the registration of online games, the central government still has the authority to frame the rules for the promotion and advertisement of e-sports, online social games and other rules related under the law.
In total, the legislation aims to safeguard vulnerable populations, particularly the middle class and youth by introducing these strict regulations and a greater emphasis on brand responsibility and ethical advertising.
The post New Indian Law Aims to Curb Online Money Gambling Sector, Prohibits Related Advertising appeared first on European Gaming Industry News.
Asia
Macao Casino Sector Salaries Hit a 10-year High

Salaries in Macao’s gambling industry have climbed to their highest level in a decade, with average earnings for full-time employees increasing 2.4% year-on-year to 27,390 patacas, according to the second quarter survey on manpower needs and wages by the Statistics and Census Service (known by its Portuguese initials DSEC).
Average monthly earnings for resident full-time casino employees were slightly lower – 27,340 patacas per month – but also rose by 2.4%. Since 2023, the average pay for non-resident workers has exceeded that of residents, with non-resident managers now earning an average of 90,000 patacas a month.
DSEC attributed the quarter’s rises “mainly to increases in salaries.”
The number of full-time workers in the gambling sector edged up by 380 over the past year, reaching 52,898 at the end of the second quarter. Most were local directors and managers.
The sector reported 208 job vacancies at the end of June, with clerical roles accounting for more than half. Just under half of the roles required work experience, while 74.1% required only senior secondary education or lower.
Demand for manpower has “gradually stabilised,” DSEC noted, as both the employee turnover rate (1.6%) and recruitment rate (1.1%) dropped year-on-year.
The survey does not cover junket promoters or their associates.
The post Macao Casino Sector Salaries Hit a 10-year High appeared first on European Gaming Industry News.
Asia
ED Arrests Karnataka MLA Veerendra “Puppy” in Illegal Betting Case

The Indian Enforcement Directorate (ED) has intensified its investigation into Karnataka Congress MLA K.C. Veerendra, also known as “Puppy,” over alleged involvement in a large-scale money laundering and illegal betting operation. The legislator, arrested in Sikkim on Saturday, August 23, was brought to Bengaluru on Sunday for further questioning in connection with financial transactions tied to casinos in Sri Lanka, Nepal and Georgia.
Veerendra was apprehended in Gangtok, where he had reportedly been pursuing a deal to lease land for a casino venture. After his arrest, he was produced before a special court in Bengaluru, which granted ED custody until August 28. To prevent any incidents during his transfer, strict security was enforced at Kempegowda International Airport, and he was quickly escorted to an undisclosed location for interrogation.
Authorities confirmed that multi-state raids preceded the arrest, covering 31 locations across India, including Bengaluru, Hubballi, Chitradurga, Goa, Jodhpur, Mumbai and Sikkim. Five casinos in Goa—Puppy’s Casino Gold, Ocean Rivers Casino, Puppy’s Casino Pride, Ocean 7 Casino, and Big Daddy Casino—were also raided as part of the ongoing probe.
According to ED sources, preliminary findings suggest that Veerendra maintained financial links with casinos and shell companies operating in Sri Lanka, Nepal and Georgia. Evidence gathered during the raids points to overseas transactions and the use of foreign entities to launder large sums of money, some of which may have originated from cyber fraud. Officials suspect that these funds were “converted into white money” by being disguised as credit card transactions.
Documents recovered from multiple properties also revealed that Veerendra was in the process of finalising a deal to acquire a casino from Santiago Martin, a businessman widely recognised as the “lottery king” of Tamil Nadu. Martin is already under investigation by the ED in a separate money laundering case and is known for his financial ties to political figures.
Incriminating evidence seized from Veerendra’s residences, including Rs 12 crore in cash and a significant quantity of jewelry, is now being analysed. The ED has also uncovered records suggesting that his brother, K.C. Thippeswamy, managed three Dubai-based entities—Diamond Softech, TRS Technologies and Prime9Technologies—believed to be connected to their gaming and call centre businesses.
The post ED Arrests Karnataka MLA Veerendra “Puppy” in Illegal Betting Case appeared first on European Gaming Industry News.
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