Latest News
Washington State Gambling Commission and Suquamish Tribe Reach Tentative Agreement on a Sports Wagering Compact Amendment
The Washington State Gambling Commission has reached a tentative agreement with the Suquamish Tribe to amend its Class III gaming compact to add sports wagering. The Tribe operates its III gaming facility located on the Kitsap Peninsula on the Port Madison Indian Reservation.
This is the second sports wagering tentative agreement in the state and this amendment establishes the framework for sports wagering at the Tribeâs Suquamish Clearwater Casino Resort.
âI am grateful for the thoughtful and cooperative approach taken by the Tribe and State in reaching this tentative agreement and this compact amendment continues to recognize the Tribeâs sovereignty and successful operation and regulation of gaming. This agreement ensures sports wagering will be conducted with the highest integrity while protecting the public by keeping gambling legal and honest. Completion of these negotiations allows us to focus more on the black market in our state,â Washington State Gambling Commission Chair Bud Sizemore said.
âWe are pleased with the progress of the compact amendment and the partnership it represents with the Governor, Legislature, Gambling Commission and citizens of Washington,â Leonard Forsman, Chairman of the Suquamish Tribe, said.
âRevenue from sports wagering will help support the Suquamish Tribeâs important governmental services offered to both tribal members and the non-tribal community. This compact means guests at the Suquamish Clearwater Casino Resort will enjoy additional exciting activities while ensuring that sports wagering revenues remain in Washington.â
Gambling in the USA
Andrew Cardno to Deliver Keynote at November Gaming Conference in Phoenix: âHow are Technology Advancements Impacting Decision Making and Driving Innovation in Gaming?â
The gaming industry continues to evolve with the rapid integration of advanced technologies, offering new pathways for innovation and decision-making. Andrew Cardno, Chief Technology Officer of Quick Custom Intelligence (QCI), will deliver a keynote address titled âHow are Technology Advancements Impacting Decision Making and Driving Innovation in Gaming?â at this yearâs premier gaming conference, taking place on November 12th and 13th in Phoenix, Arizona.
Cardno, a leading expert with over two decades of experience in gaming and technology, will explore how advancements such as artificial intelligence, machine learning, and data-driven solutions are reshaping decision-making processes within the gaming industry. His address will provide actionable insights for professionals seeking to stay ahead in this fast-paced environment.
âTechnology is no longer just an enabler; itâs the driving force behind innovation in gaming,â said Andrew Cardno. âAt this yearâs conference, I will delve into how these advancements can empower industry leaders to make better, faster decisions and capitalize on new opportunities for growth.â
Mark Pace, President of the International Gaming Standards Association (IGSA), praised Cardnoâs expertise: âAndrew Cardno has a deep understanding of how technology is transforming the gaming industry. His ability to translate complex innovations into practical, strategic insights makes him the ideal keynote speaker. His work continues to inspire and guide decision-makers across the gaming world.â
The conference, held in Phoenix on November 12th and 13th, promises to be a hub of cutting-edge discussions and networking opportunities, bringing together top leaders to explore the future of gaming.
Conferences
BetConstruct Set to Appear at SBC Summit Latinoamérica 2024
Seeking to further contribute to the Latin America market with innovative products and services, BetConstruct is set to participate at the anticipated SBC Summit LatinoamĂ©rica to be held on October 29-31 in Hollywood Miami FL.Â
SBC Summit LatinoamĂ©rica has long positioned itself as the ultimate event for Latin Americaâs thriving markets, gathering over 4000 delegates, many of whom are key decision-makers in the region. The event features conferences held by over 200 experts in regulation, sports betting, casinos, marketing, compliance, and more. Also showcasing at the exhibition floor are over 70+ brands.
Already an established name in the Latin America market, BetConstruct continues to support the region with innovative offerings that will be showcased at the event. These include the comprehensive Sportsbook that has the capacity of covering 140k+ pre-match and 70k+ live events each month, massive Casino Suite with thousands of top-tier games developer both in-house and by reputable providers, impressive Live Casino, and DECA, a blockchain-based decentralised casino platform built for the future.
BetConstructâs representatives are eager to greet SBC Summit LatinoamĂ©rica delegates at stand D30 at the Seminole Hard Rock Hotel & Casino in Hollywood Miami FL, USA on October 29-31 and discuss how the companyâs expansive offerings can push the industry forward in the region. You can also book a meeting with them in advance. See you soon in Hollywood Miami FL!
Latest News
Kyrrex Expands into the U.S. Market, Offering Crypto Solutions with Low Fees
Kyrrex, a crypto ecosystem, is thrilled to announce its official launch in the United States. With operations now live in ten states, Kyrrex is poised to offer American users a platform for cryptocurrency trading, payments, and wallet management.
Kyrrexâs U.S. platform enables users to buy and trade cryptocurrencies with competitive commissions of just 0.2%, making crypto transactions efficient and cost-effective. Available in California, Colorado, Hawaii, Utah, Indiana, Wisconsin, Missouri, Montana, Massachusetts, and Wyoming, Kyrrex is rapidly expanding to other regions across the U.S.
âWeâre incredibly excited to bring Kyrrex to the U.S. market,â said Mike Romanenko, CVO & Co-Founder at Kyrrex. âOur platform is designed to offer American users a safe and reliable way to manage all their crypto needs, and we look forward to growing our presence across the country.â
Why the U.S. Market Matters for European Crypto Companies
The U.S. represents one of the largest and most dynamic crypto markets in the world. As of 2024, the U.S. accounts for over 25% of global cryptocurrency activity, driven by increasing institutional investment and mainstream adoption. The approval of Bitcoin exchange-traded Funds (ETFs) has boosted institutional interest significantly, signaling a shift toward greater acceptance of cryptocurrencies as full-fledged assets. By 2025, the U.S. crypto market is expected to see substantial growth, with estimates projecting a compound annual growth rate (CAGR) of over 12% in the sector, supported by both retail and institutional demand. For companies like Kyrrex, entering the U.S. market is a strategic move to expand user reach and tap into this rapidly evolving landscape, which offers vast potential for innovation and growth.
Kyrrexâs expansion into the U.S. is a testament to the companyâs commitment to building a global crypto ecosystem that connects crypto-related services in one platform. By providing American users with access to a platform that offers crypto trading, wallet services, and low-fee purchases via debit and credit cards, Kyrrex is positioned to be a responsible player in the U.S. market. After six years of building a comprehensive crypto ecosystem, the company continues to lead with regulatory compliance. Today, Kyrrexâs achievements include:
- Saint Vincent and the Grenadines: Kyrrex Limited is registered and recognized by the SVG Financial Services Authority, providing a foundation of trust and security;
- Malta: REX, part of the Kyrrex ecosystem, obtained a prestigious VFA Class 4 license in 2021, allowing the platform to offer Virtual Financial Assets (VFA) services while maintaining the highest European regulatory standards;
- United States: Kyrrex is registered with FinCEN as a Money Services Business (MSB) and is available in 10 U.S. states, including California, Massachusetts, and Utah.
Kyrrex ecosystem is also preparing for future regulatory changes by applying for a Class 3 MiCA (Markets in Crypto-Assets) license and an EMI (Electronic Money Institution) license in Malta and the U.K. Also, the company applied for an Investments Services license, which will enable brokerage services from and within Malta. This strategic approach ensures that Kyrrex will continue to offer secure and compliant services across multiple jurisdictions.
âKyrrexâs entry into the U.S. comes at a critical time as regulations around cryptocurrency continue to evolve. The companyâs commitment to regulatory compliance demonstrated through adherence to U.S. state law, positions Kyrrex as a responsible and reliable platform for American users. As part of Kyrrexâs mission, we will continue working closely with U.S. regulators to ensure that our platform remains compliant with the highest regulatory standards.â, stated Mr. Romanenko from Kyrrex.
With plans to expand into more states and enhance its service offerings, Kyrrex is dedicated to reshaping the operations of digital assets by providing users with secure, efficient, and regulated crypto solutions.
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