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Goldman Sachs turn against the cryptocurrencies

Goldman Sachs, a leading investment bank has expressed their skeptical approach about cryptocurrencies In the recent times, Bitcoin has showed some positive growth in the crypto market as the momentum has shifted in favour of the virtual currencies Thus, Bitcoin has witnessed a price surge of 40 per cent since the initial phase of July, 2018 but..
8 years ago

Caesars to launch sports betting in Mississippi and Atlantic City

Two Atlantic City casinos which is owned by Caesars Entertainment will now allow sports betting in the casino and another two in Mississippi will start offering it from mid-August Bally's casino in Atlantic City starting taking wagers from Monday and now the company says that it's another casino in Atlantic City, named Harrah's will start taking..
8 years ago

2019 Aussie Millions Poker Championship Schedule announced

The World Series of Poker has just concluded and the poker enthusiasts might now be waiting for arrival of the 2019 Aussie Million Poker Championship, schedule for which has been recently announced The Aussie Millions which is also the longest-running poker tournament in the Asia Pacific region will be hosting its next edition at the Crown Poker..
8 years ago

Japan legalizes Casino Gambling

Japan legalized casino gambling and paved ways for opening of three casino resorts It has also provided opportunity to companies such as Las Vegas Sands Corps and MGM Resorts International their first chance to open in the country Global casino operators have confirmed that they will be spending as much as $10 billion on each location under the..
8 years ago

State of Vietnam agrees to suspend import of cryptocurrency mining machines

Reports of a local newspaper suggests that Vietnam might halt the imports of cryptocurrency miners temporarily following the requests of MoIT (Ministry of Industry and Trade) Hanoi newspaper reported that the State Bank of Vietnam has agreed to suspend the import of cryptocurrency mining hardware MoIT had requested the State Bank of Vietnam for..
8 years ago

NCAA reiterates their stance on sports betting

While most of the universities are viewing legalized sports betting as a possible source of increased revenues, NCAA is maintains a contrary  stance on it as it is still focused on protecting student-athletes and the integrity of the games through consistent national guidelines and education The NCAA announced on Thursday which suggested..
8 years ago

FanDuel Group to launch online sports betting and casino

FanDuel Group has announced its plans of launching online sports betting and an internet casino in New Jersey before the start of the football season FanDuel, most of whose share is owned by Ireland-based Paddy Power Betfair will be providing online sports betting with license of the Meadowlands Racetrack and  it would permit internet..
8 years ago

Justin Bonomo claims $10M in WSOP $!M buy-in Big One for One Drop

Making a mark in one of the biggest high roller poker tournament is  nothing short of a major accomplishment On Tuesday, Justin Bonomo claimed the WSOP $1 million buy-in Big One for One Drop and grabbed a whopping $10 million first-place prize He also sealed the best year of high roller poker tournament which any poker player could..
8 years ago

LINE’s Cryptocurrency exchange begins its global operations

Japan mobile giant LINE has launched operations of its Singapore-based cryptocurrency exchange BITBOX which will supporting 30 cryptocurrencies including Bitcoin Line confirmed on Tuesday and announced that its exchange would only support crypto-exclusive trading pairs It also asserted that no trading shall be offered between fiat currency and..
8 years ago

Ohio legislature introduces Sports betting bill

Ohio sports gambling has witnessed a push as Ohio Senate has introduced a sports betting bill Two Ohio senators drafted a bill which is all set to spark off a new debate in the parliament "General Assembly intends to develop and enact legislation for legalizing sports betting sports betting," bill states Senator John Eklund who represent part..
8 years ago

Ocean Resort casino launches its online casino site

The recently opened Ocean Resort Casino of Atlantic City has launched its casino site Ocean Resort Casino has launched its real money online gaming online and a simulated gaming social casino via a platform which has been powered by GAN, an iGaming solutions provider headquartered in London The resort opened its door for commercial operation on..
8 years ago

Kelly Minkin going strong in WSOP Main Event

Kelly Minkin is proving in the 2018 World Series of Poker, the reason of being feared at the table An attorney and a poker pro, Kelly Minkin has managed to find balance between her two professions and see has drawn many parallels between the two 'Being better at poker makes me a better attorney, and vice versa' In her second deep Main Event run..
8 years ago

Houbi launches Cryptocurrency exchange in Australia

Chinese cryptocurrency exchange Houbi confirmed trading on its new Australian platform from July 5 According to Coinmarketcap, Houbi is the fourth largest in the world with a daily trade worth $713 million The cryptocurrency exchange launched Australian trading platform on Thursday which included Bitcoin (BTC) and Ethereum (ETH) Alongwith..
8 years ago

Hard Rock casino starts internet gambling

The Hard Rock casino in Atlantic City started offering internet gambling on Tuesday afternoon, five days after the casino started its operations New Jersey's thriving internet gambling market is expected to grow bigger with this David Rebuck, director of the state Division of Gaming Enforcement said in an interview that the casino's equipment..
8 years ago

Austrian Financial Market Authority calls for tighter regulation of cryptocurrencies

Klaus Kumpfmuller and Helmut Ettl, board directors of FMA (Financial Market Authority) have offered proposals demanding for stricter regulations on digital currencies and ICOs (Initial Coin Offerings) Reports suggest that Kumpfmuller has proposed a 'threshold-dependent' prospectus requirements for ICOs just like securities The FMA executive..
8 years ago

Pennsylvania might adopt new rules for sport betting

The Pennsylvania Gaming Control Board approved new temporary rules as it opened its doors to sports wagering on Wednesday The board also gave nod to rules that would require casinos to offer sports betting to hire third-party monitors for ensuring the integrity of sports betting Douglas Harbach, spokesman of a Gaming Control Association asserted..
8 years ago

Two new Atlantic City casinos open a day early

Two new Atlantic City casinos started their operations and opened their doors to the public on Wednesday afternoon It is a day ahead of their slated grand openings At the Ocean Resort Casino, the casino which is being opened in place of the failed $25 billion Revel Resort, Rodney and Ingrid Peterson of Clifton Park, New York played the slots as..
8 years ago

PokerStars ropes in Maria Konnikova as their ambassador

The best-selling author, Maria Konnikova has been roped in as the brand ambassador of PokerStars "I am very excited to join the PokerStars team It is really wonderful to be associated with the PokerStars unofficially for the last one year and now I honoured to join the PokerStars team officially," she said while expressing her happiness "I had..
8 years ago

Alibaba’s Jack Ma calls Bitcoin a ‘potential bubble’

Jack Ma, a Chinese business magnate has called Bitcoin a potential bubble Jack Ma's financial company, Ant Financial launched blockchain based money transfers between Hong Kong and the Philippines Speaking at the launch event, the 53-year businessman called the Bitcoin a 'bubble' but hailed the blockchain technology saying that his firm does not..
8 years ago

US Congress to host hearing on sport wagering

The US Congress would be hosting a hearing on sports betting next week and reports suggest that it has also called NFL American football league to testify The House Judiciary Committee will be holding the meeting on June 26 The United States Supreme Court struck down the Professional and Amateur Sports Protection act of 1992 six weeks ago,..
8 years ago