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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.”

Asia

PAGCOR BRAVES FLOODS TO HELP DISASTER-HIT COMMUNITIES

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At the height of the downpour and massive flooding in Metro Manila and nearby provinces Wednesday, volunteer teams from the Philippine Amusement and Gaming Corporation (PAGCOR) started bringing relief packs to affected communities.

Classes and government work were suspended on Wednesday and Thursday due to the widespread flooding, but PAGCOR volunteers went into action nevertheless.

“Even at the height of the flooding, and even before the President ordered government agencies to provide assistance to affected communities, PAGCOR employees already went to action to help those in need,” PAGCOR Chairman and CEO Alejandro H. Tengco said.

The PAGCOR chief said that since July 24, the agency has delivered more than 21,000 food and non-food relief packs for thousands of affected families.

“After the heavy rains subsided and it was safe to do so, we started bringing immediate aid to flooded communities in Caloocan City on Wednesday, followed by relief operations in Valenzuela, Malabon and Malolos, Bulacan the next day,” he said.

Mr. Tengco added that PAGCOR was scheduled to distribute relief goods to the cities of Marikina and Navotas on Friday as well as to affected towns in Bulacan like Calumpit and Bulakan which were all submerged in floodwater.

“It has been second nature to PAGCOR to immediately respond to the needs of affected communities in times of disasters,” he said.

“We understand that while it is part of our mandate to contribute to nation-building, it is also our moral obligation to help ease the plight of Filipinos in times when they need help the most,” the PAGCOR chief added.

He said PAGCOR’s relief operations are ongoing, with more employees volunteering to help repack relief goods Saturday and Sunday in the agency’s warehouse in Imus, Cavite to support distribution efforts in the coming days in Bataan, Batangas and Cavite.

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Asia

AGTech Wins Lottery Terminal Supply Tenders for Shaanxi, Zhejiang and Jiangsu Provinces

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Lottery and integrated technology and services company AGTech Holdings Limited (AGTech) has announced that one of its wholly-owned subsidiaries has successfully won procurement tenders to supply lottery terminals to Sports Lottery Administration Centres in Shaanxi province, Zhejiang province and Jiangsu province of the People’s Republic of China.

AGTech already has previous success in the China market, having won a bid in 2018 for supplying its new dual, touchscreen lottery terminals to the Chinese provinces of Guizhou, Shanghai and Hebei.

Even before this, AGTech introduced new instant win games, launched in partnership with Chinese logistics firm SF Holdings across Shenzen, Nanchang, Changsha and Nanjing.

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Asia

Philippine President Marcos Announces Ban on POGOs

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Philippine President Ferdinand Marcos Jr has banned the establishment of any new Philippine Offshore Gaming Operators (POGOs), also known as Internet Gaming Licensees (IGLs), with immediate effect. Existing POGO operators will have until the end of the year to wind down their operations.

The verdict, not entirely unexpected, was delivered during his State of the Nation Address in Manila on Monday following widespread pressure from a Senate investigation into illegal POGO-linked activities.

“Effective today, all POGOs are banned. I hereby instruct [gaming regulator] PAGCOR to wind down and cease the operations of POGOs by the end of the year,” Marcos said in his SONA.

The decision to shut down POGOs follows a series of recent raids on illegal POGO compounds in Pampanga and Tarlac amid allegations they had been engaging in human trafficking and scam activities.

A full ban, proposed by multiple senators, had also gained the support of the Department of Finance (DOF) and the National Economic and Development Authority.

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