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Wynn Resorts decide against parting ways with its Boston casino

Wynn Resorts are trying to take a gamble with its Boston-area casino scheduled to open next year The company after meeting with at least two of its competitors for discussing the possible sale of its Encore Boston Harbor, has decided not to part ways with the hotel with net worth $25 billion casino MGM Resorts and Caesars Entertainment were..
8 years ago

US Supreme Court rules in favour of sports betting

In a much anticipated ruling, US Supreme Court struck down a 1992 federal law on Monday The federal law effectively banned sports betting in most of the states, but now the decision has opened the floodgates and has legalized sports wagering in most states hoping to curb estimated $150 billion illegal sports betting on professional and amateur..
8 years ago

Goldman Sachs gives a backing to cryptocurrency

Goldman Sachs is all set to become the first regulated financial institution to offer its customers to trade Bitcoin futures through one of its New York desks The company is trying to enter the crypto futures market after it received feedback from its customers who were favoring the cryptocurrencies Cryptocurrency analyst Matthew Newton said..
8 years ago

Hard Rock wins casino license in Atlantic City

Hard Rock has been granted a casino license by the New Jersey gambling regulators The Casino Control Commission gave a nod to the Hard Rock's application on Wednesday for a casino license for the former Trump Taj Mahal, which is now being rebranded into a music-themed resort The casino would be reopening on June 28 and another shuttered Broadwalk..
8 years ago

Macau poker rooms suffer a blow after confusion over China policy

Macau poker industry has dealt with a serious blow this month with closure of two poker rooms and the cancellation of a new tournament series in the wake of a recent crackdown on online poker applications by the Chinese government The uncertainty over the future of poker in China would also add to the grief of World Series of Poker which was held..
8 years ago

Jeff Kennett concerned over sports betting ‘indoctrination’

Hawthorn president Jeff Kennett has raised his concern over the increasing trend of sports betting among young people during launching this year's beyondblue Cup He also called for action to limit the marketing and promotion of sports betting as he believes that it is indoctrinating a generation of young Australians He expressed his views to the..
8 years ago

Reddit plans to relaunch cryptocurrency payments

Reddit is planning to relaunch cryptocurrency as an option for payment in the near future In an interview with Cheddar, Reddit's Chief Technology Officer, Chris Slowe revealed on Thursday that they would soon bring back the option of digital transactions on their platform The payment option through Bitcoin was removed from the platform in March..
8 years ago

We’ll drop the ‘Wynn’ name from Boston casino: Wynn Resorts CEO

Wynn Resorts is trying to get over the bad reputation that Steve Wynn has brought to the Wynn Group In an interview, CEO Matt Maddox said that the company is planning to change the name of its Boston casino project from 'Wynn Boston Harbor' to 'Encore Boston Harbor' "I understand that the brand Wynn is quite strong and I believe in it globally,"..
8 years ago

China to ban all social poker games

The Chinese government has decided to crackdown all social poker games in the country Coming into effect from June 1st, all the apps that offer poker in any form would be banned in China The government has also prohibited the promotion of poker via social media channels Google Play, the WeChat store, the Apple App store and other app stores..
8 years ago

Nasdaq may consider launching cryptocurrency exchange platform in future, says CEO

Nasdaq Inc is open to becoming a platform for trading cryptocurrencies like Bitcoin, said the company's CEO "Of course, Nasdaq would consider becoming a crypto exchange over the years," Adena Friedman, CEO of the company said in an interview "We can look at it and say that it's time and people are ready for a more regulated market It would..
8 years ago

Star Group invests big in online betting site

Online gambling giant The Stars Group (TSG) is planning to invest big in online betting as it has signed an agreement of $47 billion deal to acquire UK firm Sky Betting & Gaming Star Group shares jumped 142 percent to 3345 on the stock market on Monday hitting a record high Its relative strength line is also at an all-time high The deal is..
8 years ago

North Wood Casino to open in Berlin next month

A charitable gaming center, North Woods Casino plans to open in Berlin next month The casino is leasing St Keiran Community Center for the Arts building It is licensed to Robin and Monique Lavertu and it plans to operate there on the days when the center is not holding a show or performance Robin Lavertu said, "I decided to open a casino because..
8 years ago

3-state online poker pool to go live on May 1 for the first time

Two poker brands of Caesars Interactive Entertainment, WSOPcom and 888Pokercom, have announced their plans of going live on 1 May in New Jersey, Nevada and Delaware In an interview given to the Associated Press, the company revealed that the Internet poker players would be able to play against each other from May 1 It is a long awaited move that..
8 years ago

Australia sets Mid-May as deadline for registration of cryptocurrency exchanges

Australian Transaction Reports and Analysis Centre (AUSTRAC) have implemented their new guideline which now mandates the domestic cryptocurrency exchanges to register with the authority before mid-May this year In an announcement made on Wednesday, the Australia Transaction Reports and Analysis Centre (AUSTRAC) reminded cryptocurrency exchange..
8 years ago

Legislature of Maryland wraps before legalizing the Sport Betting bill

The effort to legalize sports betting in Maryland via a referendum couldn't succeed as the legislature wrapped up its session on Monday without sending the bill to the governor A bill dealing with daily fantasy sports that will head to the governor was passed by the legislature Moreover, paid-entry fantasy contests have already been legalized..
8 years ago

Atlantic City’s first casino Resorts to celebrate 40 years of establishment

Resorts Casino Hotel has announced that it would celebrate 40 years as Atlantic City's first casino Resorts Casino Hotel would be commemorating their 40 years of establishment as New Jersey's first casino-hotel with a full lineup of events and performances for Memorial Day weekend The celebrations are scheduled to kick-start from May 25 and it..
8 years ago

Alex Hendriks bags €27,000 in the inaugural MPN Poker Tour Bratislava Main Event

Alex Hendriks has won the inaugural MPN Poker Tour Bratislava Main event MPN Poker Tour completed its first visit to Bratislava after an action that went on for four days which also witnessed deep-stacked poker, turbo jackpot, sit-and-go action with the parallel running Cash Game Festival and side events to suit all palates The event was..
8 years ago

Seoul to develop S-Coin

South Korea is considered to be one of the biggest trading hubs for cryptocurrencies and now it is aiming to take its relationship with the blockchain technology a step further Seoul, South Korea's capital and the largest city is developing S-Coin, its own crytocurrency especially designed for municipal transactions Mayor of the largest city of..
8 years ago

RotoQL raises $3 million for sports betting product

RotoQL, a sports data developer believes in the bright future of sports betting in the United States Having created many successful tools for daily fantasy sports, now the company plans to expand its horizons  On Wednesday, the company announced $3 million seed round marking its total raise to $47 million It would use the money for sport..
8 years ago

Japan Casino bill to provide free entry to foreign visitors

Japan's ruling party passed a bill which paved way for casino gambling in the country Now the people who live in Japan would be charged 6,000 yen ($57) in entrance fees but the foreign visitors would get an entry for free The government eyes enactment of the law by the end of the current parliament session by 20 June and the bill is expected to..
8 years ago