PokerStars the first ‘Official Poker Partner’ of the Ultimate Fighting Championship and Nepal to witness a sharp decline in revenues

By superadmin
  • 0
  • 29 December,2018

PokerStars become the first ‘Official Poker Partner’ of the Ultimate Fighting Championship (UFC). While it was a great year for PokerStars, but the tourism and casino industry in Nepal is going to witness a sharp decline in revenues. It is because the government decided to ban the Indian currency above ₹100 i.e. ₹200, ₹500 and ₹2,000 denomination currency notes. It can have a severe impact on the casino and tourism industry of the neighboring country.
888 Holdings managed to get its hands on the Swedish online gaming license in the eleventh hour. They made the brand eligible to be a part of the country’s liberalized market that will get rolling from 1st January,2019. After the dismissal of the PASPS Act by the U.S. Supreme Court this year in mid-May, many states raced ahead to legalize online gambling. Michigan is the latest state to join the list after passing a new online gambling bill in the State House and Senate.