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According to a Thursday report from Inside Asian Gaming, the Shenzhen-headquartered firm has been forced to temporarily suspended operations in Scandinavia’s largest and most lucrative online gambling market after its The Multi Group (TMG) subsidiary failed to renew its Swedish iGaming license before the conclusion of a December 31 deadline.Expensive error:Inside Asian Gaming reported that this short-term hold-up could now prove costly as Malta-based TMG is known to have brought in 99.Temporary obstruction:However, New York-listed 500....
Chinese blockchain gaming studio, Cogito Company Limited, has announced that it is taking decentralized autonomous entertainment to the next level and putting players in control via the launch of its new Horseman Go title.com…“The company expects that revenues from TMG during the first quarter of 2020 will be materially and adversely impacted by the temporary suspension of operations in Sweden.com’s overall third-quarter revenues with some 61....
com reportedly hoped to counter any long-term concerns by using a Wednesday filing to declare that it is ‘currently in close comcan t play blackjack in rhodes ragvmunication with Sweden’s iGaming regulatory authority’ and intends to have recommenced regular operations by the middle of February. The firm purportedly later accepted the resignation of its Chairman, Xudong Chen, while its Chief Executive Officer, Zhengming Pan, subsequently proclaimed that he would be temporarily standing down ‘in order to ensure a thorough and fair investigation’ into the matter could be conducted.Read a statement from Tadevosyan…“It’s all systems go for planet Digitain as we gear up for our first launch announcement of 2020....
Directive decisions:Cogito was established by the former President of Chinese games development firm AIGame100, Kevin Yu, and it stated that all of the mechanics within Horseman Go have been ‘underwritten in code’ so as to make it the first title of its kind ‘to be fully self-operational, self-managing and self-developing.”Temporary obstruction:However, New York-listed 500....
’Yu’s statement read…“As the first game of its kind, Hs to allow players to bet while offline by automatically cashing out based on pre-defined odds.Already embroiled in a scandal over allegations that it had attempted to bribe Japanese lawmakers and Chinese online sports lottery provider 500....
