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Nepal Tiger Palace to start casino operations

Australia-listed Silver Heritage Group Ltd has confirmed that they have received the approval for a casino operation license for Tiger Palace Resort Bhairahawa The SHL Management Services (KTM) Pvt Ltd, a subsidiary of Silver Heritage, will run the operations In the filing to the Australian Securities Exchange, the Silver Heritage Group Ltd..
8 years ago

UK Gambling giants merge in $5.3 billion deal

In a high-stakes bet of the gambling world, online gambling giant GVC Holdings has agreed to buy rival Ladbrokes Coral in a deal The deal could be worth $535 billion GVC, in a statement, said that it is an exciting prospect to create of one of the world’s largest listed sportsbetting companies bringing together the established brands and..
8 years ago

Million Dollar Heater Poker Series to kick off on Jan. 4

Beau Rivage Resort & Casino in Biloxi is set to host the seventh annual Million Dollar Heater, which starts on January 4-15, 2018 The poker event boasts $1,000,000 in guaranteed prize pools and 65 tables The Million Dollar Heater Poker Series kicks off with a $600,000 guaranteed event that has an entry fee of $300 +$45 + $10 The main event at..
8 years ago

South Korean government considering crypto crackdown

South Korea is considering clampdown on Bitcoin and crypto trading exchanges across the country The government of South Korea has announced that it will soon force people to trade Bitcoin and other crypto currencies under their names The effect of the announcement was seen on the price of bitcoin which took a tumble The country has emerged as a..
8 years ago

Retiree wins nearly $2 million on slot machine

A Montreal-based retiree, Chi Hoc Huynh, had more than a million reasons to smile on Boxing Day The man wagered $30 on a Grand Prix slot machine which returned him a fortune worth $18 million It is one of the biggest slot jackpot payouts at the Montreal Casino Chi Hoc Huynh and his wife, Kim, celebrated the windfall with champagne at the casino..
8 years ago

World Poker Fund Holdings announce $50m crypto IPO

World Poker Fund Holdings, Inc (WPFH) announced, on December 27, that it will be participating in an Initial Coin Offering (ICO) The developer, operator of online and event-based social gaming platforms and brands, with its new digital currency subsidiary, plans to raise funding for its projects The cryptocurrency is expected to be launched by or..
8 years ago

Ohio approves daily fantasy sports

Ohio Governor John Kasich signed House Bill 132 to legalize and regulate daily fantasy sports (DFS) on Friday, December 22 This makes Ohio the 18th state in the United States to exempt daily fantasy sports from the state’s gambling laws The Ohio Casino Control Commission will watch over the industry’s regulation The bill received the..
8 years ago

Ripple dethrones Bitcoin Cash to become #3 crypto

Ripple is on a roll! Out of nowhere, when all other crypto currencies have been down sliding, Ripple (XRP) has emerged as a winner The digital currency has displaced the forked coin Bitcoin Cash from the no 3 spot Among the top 10 crypto currencies, only Ripple has had a positive change in the previous 24 hours Bitcoin fell by nearly 15 percent,..
8 years ago

Betcoin Poker shuts down on Christmas Day

The first online poker site to deal exclusively in digital currency, including Bitcoin, Litecoin, and Ethereum, has shut down its operations on Christmas day Founded in 2014, Betcoinag was one of the recognized platforms in the online poker world a few years ago The poker room was a member of the Winning Poker Network (WPN) Betcoin's poker room..
8 years ago

Belarus implements crypto-currency law

Belarus has given the nod to transactions in crypto currencies The move is a part of liberalization of the Soviet-style economy of Belarus, attract foreign investment and foster private sector growth The announcement has come at a time when the state is weighed down by bureaucracy and inefficient state-owned enterprises The economy of Belarus is,..
8 years ago

Zhou Yun Peng wins first-ever WSOP China Main Event

Zhou Yun Peng has been crowned champion at the first-ever World Series of Poker China Main Event Peng collected the first WSOP gold bracelet awarded on Chinese soil along with the cash prize of $367,000 Zhou Yun Peng, hailing from the Hebei province, is relatively unknown in the live poker community This was Peng’s first live poker..
8 years ago

Bitcoin value might be $0: Morgan Stanley

The speculation around Bitcoin is only getting louder Morgan Stanley analyst James Faucette is the latest to warn users against the usage of Bitcoins The digital currency has seen dramatic changes in the value in last few weeks First, it went from $7,000 to nearly $20,000 and in a few days tumbled down to $13,000 Many other professional analysts..
8 years ago

WSOP circuit kicks off on Jan 19

The World Series of Poker will kick off on January 19 at the Casino de Marrakech, located in the heart of complex Es Saadi Marrakech Resort Hôtel This is the fourth straight year that luxurious Morracan hotel will host the event  The 10-day poker event has ten gold-ring events, with the WSOP International Circuit Main Event as the..
8 years ago

Bitcoin tumbles 30 percent; below $14K

The value of Bitcoin is down more than 30 percent from the record high of nearly $20,000 it touched last week In the last 24 hours alone, the crypto currency has depreciated by more than 20 percent The prices fell as low as $13,528, according to CoinDesk's Bitcoin Price Index (BPI) The largest crypto currency has had price drops regularly since..
8 years ago

Irishman wins €2,000 windfall from €5 bet

Brendan Swan, 56, from Dublin, has won a €2,000 windfall from €5 bet, making an incredible prediction of Hearts beating Celtic by 4-0 last week  The Dublin man said that he knew that the Glasgow siders couldn't keep winning Celtic was on a 69-game undefeated streak The Irishman said that he sensed that Celtic will go down and saw..
8 years ago

Michael Kanaan wins WSOP Sydney Main Event

Local Sydney man Michael Kanaan has been crowned 2017 WSOP Sydney Main Event winner to claim nearly $300,000 in cash The A$2,200 buy-in WSOP circuit at the Star Poker Room in Sydney attracted a total of 1,067 players and featured four opening flights In the post-match interview, Kanaan said that the critical hand from him was the pocket Kings vs..
8 years ago

NYSE files with SEC to list Bitcoin ETFs

Bitcoin took another step towards going mainstream after the New York Stock Exchange (NYSE) filed with the Securities and Exchange Commission (SEC) to list Bitcoin ETFs The ETFs would let traders bet on how the Bitcoin futures contracts will perform The NYSE wants to list the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF Earlier in..
8 years ago

Pueblo plans casino next to Santa Fe Opera

The Pueblo of Tesuque Tribal Council mulls over a new casino off Highway 84/285, right next to the Santa Fe Opera  Tesuque Pueblo Gov Mark Mitchell confirmed that the casino has been thought of for years He believes that the casino would bolster education funding on the reservation, as well as bring jobs and local development to the..
8 years ago

Danish gambling industry hits record revenue

The gambling industry of Denmark achieved record revenues in the quarter 3 of 2017 In this quarter’s revenues, mobile channels contributed for over half of all sports bets The revenue for the third quarter was DKK 1497b (US $237m), up by 93 percent from the same period last year and 24 percent more than quarter two revenue  The..
8 years ago

Casino gaming firm files for $100m IPO

PlayAGS, a leading supplier of gaming machines and table products to casinos has filed with the US Securities and Exchange Commission (SEC) to raise $100 million in an initial public offering The announcement appears in an article on IPO investment manager Renaissance Capital's website renaissancecapitalcom Based out of Las Vegas NV, PlayAGS was..
8 years ago