Connect with us
SIS

Latest News

DappRadar and B2Expand join forces to promote Light Trail Rush

George Miller

Published

on

DappRadar and B2Expand join forces to promote Light Trail Rush
Reading Time: < 1 minute

 

Blockchain gaming reimagined

Dapp data and distribution platform DappRadar has signed a publishing partnership with French developer B2Expand for its forthcoming blockchain game Light Trail Rush.

Due for release in mid-2020, the innovative PC title is a reimagining of the futuristic racer genre in which players compete to create complex tracks and rack up points for leading the race.

Already available in pre-alpha on Steam Early Access, Light Trail Rush also connects with the Ethereum blockchain to enable the true ownership of in-game items, which can be traded between players.

B2Expand will launch this part of the Light Trail Rush experience with a sale of limited edition skins, ranging from complex materials to animated effects.

Kicking off on 15 November, all skins will be discounted during the first week of the sale and will be immediately playable in the Early Access build.

To get a Steam key to access the pre-alpha build, please sign up at the Light Trail Rush website.

Note: Each skin is an Ethereum non-fungible token using the ERC721 standard. Users will need an Ethereum wallet such as MetaMask, Dappar, Enjin or Casa Tookan and ETH cryptocurrency to purchase and secure their skins. Skins will be immediately tradable on open marketplaces such as OpenSea.

Latest News

UKGC Issues Advice to Online Gambling Consumers

Niji Narayan

Published

on

UKGC Issues Advice to Online Gambling Consumers
Reading Time: < 1 minute

 

The UK Gambling Commission (UKGC) has issued advice to consumers about online gambling. In light of the government’s latest requirement to stay at home during coronavirus outbreak, more people are now engaging with online gambling websites.

The major guidelines from the UKGC involve setting gambling limits, self exclusion for those need it and warning about illegal overseas operators.

The gambling websites allow users to set a limit on how much they can spend. The UKGC advises customers to use it without fail. The commission has also partnered with Twitter that would allow the users to set a limit on how much gambling content they could see.

For those spending too much time gambling online, or those who want help to stop gambling, the UKGC advocated self exclusion. The commission also warns about the possible risk of illegal overseas websites trying to seek UK customers. The commission will be tracking and taking action against such sites, but it asks customers to ensure that the website they are gambling with is licensed. To check whether a site is licensed, customers can check out the link to the Gambling Commission’s Licence Register.

Continue Reading

Asia

Sands China Obtains Exemptions on Credit Facility

Niji Narayan

Published

on

Sands China Obtains Exemptions on Credit Facility
Reading Time: < 1 minute

 

Sands China Ltd, the Macau subsidiary of Las Vegas Sands, has made changes to the terms of a US$ 2.0 billion loan facility that it owns.

The revolving unsecured credit facility was approved by Sands China in November 2018 and it is valid until July 31, 2023. The facility involves a host of banks and has Bank of China Ltd, Macau Branch, as the lenders’ representative.

The revised terms allow for the agent and borrowers to “waive any default that may arise as a result of any breach of the requirements” even in the restated form.

The other changes are the following: the borrowers waiving Sands China’s conditions to ensure that its combined leverage ratio on the last day of any quarter does not exceed 4 to 1; and the combined interest coverage ratio on the last day of any quarter is greater than 2.5 to 1.

The lenders also decided to “extend the period of time during which the company may supply the [lenders’] agent with its audited consolidated financial statements for the financial year ended on December 31, 2019; to April 30, 2020;” with a similar loosening of the deadline for disclosing the results of the 2020 financial year – namely to April 30, 2021.

Continue Reading

Asia

Cambodian PM Orders Shut Down of Casinos

Niji Narayan

Published

on

Cambodian PM Orders Shut Down of Casinos
Reading Time: < 1 minute

 

Cambodian Prime Minister Hun Sen has ordered that all casinos in the country should be shut down as a preventive measure against the spread of the coronavirus.

Under measures introduced by the Ministry of Economy and Finance to combat the spread of COVID-19, all casinos in the country have to close its operations from 11.59 pm on Wednesday 1 April until further notice with the government to “take action in accordance with the law in force accordingly” against any operators that fail to comply.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.