iGaming Team

iGaming Team

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's latest articles


$1.25 bet wins almost-a-million at Vegas casino

A buck for a bash! Yes, that’s what happened at Harrah’s Las Vegas Hotel and Casino last week The Las Vegas Review-Journal reports that one lucky gambler made a fortune just before Thanksgiving — winning a whopping $939,355 with a little $125 bet The gambler tried his hand at the slot game, dropping five quarters (25 cents) into..
8 years ago

After Bitcoin’s $10k, Ethereum makes history crossing $500

Now, Ethereum has done it! The second largest crypto currency by market size, Ethereum (ETH) has crossed $500 milestone for the first time The data from cross-exchange resource Coinmarketcap shows ETH is currently trading at around $440, after registering a new high to reach $522 before falling   Ethereum, one of the sensations of..
8 years ago

Nasdaq mulling plan for Bitcoin futures

The Nasdaq exchange, the second-largest stock exchange in the world, may begin to offer Bitcoin futures next year Bitcoin futures are an in-demand option, driving a number of exchanges to consider the possibility The report issued by the Wall Street Journal indicates that the stock exchange would follow suit behind the two Chicago-based markets..
8 years ago

South Korea PM: Bitcoin is a gateway to illegal activities

South Korean Prime Minister, Lee Nak-Yeon, has expressed worry over the rising interest of youth in crypto currencies like Bitcoin He called it a bad influence, saying it could lead the country's youth get involved in illegal practices  Addressing a recent cabinet meeting, Nak-Yeon took up the anti-Bitcoin mantle and called it a gateway to..
8 years ago

Rush Street start off virtual sports betting in US

A Chicago-based firm, Rush Street Interactive, has become the first in the US to let punters bet real money on the outcome of virtual sports events A subsidiary of online gambling site PlaySugarHousecom, Rush Street will let enthusiasts bet online on the outcome of virtual computer-generated sporting “events” including football games,..
8 years ago

Eurasian Poker Tour (EAPT) Prague boasts over $2 million in prizes

The much awaited Eurasian Poker Tour (EAPT) Prague kicks off on December 8 at the Grandior Hotel Prague The five-day poker event boasts three exciting tournaments, with $2 million in guaranteed prize pools  The €1,100 EAPT Prague Main Event offering €500,000 guaranteed prize pool is the chief attraction of the poker event The live..
8 years ago

90% Crypto Mobile Apps “Not Secure”

A recent research has found the vast majority of mobile crypto currency wallet apps employ poor security The San Francisco based security firm High-Tech Bridge analyzed more than 2,000 crypto mobile apps on Google Play  93% of the first 30 crypto apps with over 100,000 total installations had at least three "medium-risk" vulnerabilities in..
8 years ago

Bitcoin crosses the colossal $10,000 milestone

Bitcoin has crossed the colossal $10,000 milestone The world’s leading crypto currency, with a market cap of $160 billion, has been on an incredible run this week At the moment, Bitcoin is trading at $10,60000 (Source: CoinMarketCap)  Industry experts are backing the blockchain technology and crypto currency, calling it the future..
8 years ago

888Live Local London kicks off at Aspers Casino from Nov 30

Aspers Casino in London has regularly featured 888poker events since 888Live Local London Main Event in January 2015 The arena in Stratford, London is now set to host another edition of the prestigious 888Live Local London Main Event on November 30th The London poker event will run from the 30th of November to December 3rd offering £88,000..
8 years ago

Nevada committee to discuss marijuana in casinos

Nevada’s recreational marijuana sector is booming A 12-member panel of Nevada Gaming Policy Committee will review whether the state’s casino industry can coexist with the recreational drug, marijuana  Cassandra Farrington, the CEO of Marijuana Business Daily, a Colorado-based news outlet, will present the case of why the drug..
8 years ago

A first-time punter scoops £6.3million from a £4 bet

A lucky gambler has won a whopping £63 million from £4 bet in his first time at an online casino Neil, from Aberdeen, had put £30 into his newly-opened account with Casumo, and used £4 of it on a spin on the Hall of Gods game to win a huge jackpot  Neil, who was playing the game on a laptop in his kitchen, could not..
8 years ago

OLG Mulling over Online Gambling Options

The Ontario Lottery and Gaming Corporation (OLG) is seeking to expand its online and mobile sports betting capacity The organization is on the lookout for an association to help in the same The Canada-based operator is expected to offer new products that will present more betting options on a wider variety of events, including all major..
8 years ago

Crypto Market becomes $300 Billion Strong

This has been a remarkable week for digital currency After a record-setting Bitcoin price rally, the total cryptocurrency market cap has achieved a new milestone – crossing the $300 billion threshold for the first time  In the past week alone, the total virtual currency market cap has grown by more than $60 billion — a landmark..
8 years ago

NJ Sports Betting Ruling Could Boost Online Gambling

The US Supreme Court will hear the arguments to legalize sports gambling in the state of New Jersey on December 4 Analysts from the gambling industry in the United States expect online gambling to thrive in the country once New Jersey wins its sports betting case in the Supreme Court  The Thoroughbred Horsemen's Association has appealed to..
8 years ago

Casino revenues soar in US; $3.4 billion earning during September

The US casino and gambling market appears to be thriving, showing an increase of nearly three percent in year-on-year income  A University of Nevada Las Vegas report reveals $34 billion earnings of the gambling industry during September The figures do not include tribal-run casinos, but they show gambling revenue increasing by 28 percent..
8 years ago

Korea’s Second Largest Bank Working on Bitcoin Wallet

Shinhan Bank, the second largest bank in South Korea, is reportedly working on its bitcoin “vault and wallet services” In a first for the banking industry, Shinhan would become the first major bank to offer Bitcoin storage services direct The bitcoin vault and wallet platform is expected by mid-2018  A Shinhan executive confirmed..
8 years ago

France reports gambling revenue spike

The gambling industry in France is seeing a revenue rise The latest report of the Autorite de Regulation des Jeux En Ligne (ARJEL) revealed significant growth over the three months to the end of September – 23% year-on-year increase in aggregated revenues from sportsbetting and 11% swell in total poker takings The statement in the report..
8 years ago

Bitcoin on the Brink of $10000

Bitcoin has surged to yet another new record high The cryptocurrency has jumped to an all-time high of $968329  According to the largest bitcoin exchange in the US, Coinbase, there was addition of about 100,000 accounts between Wednesday and Friday — making it a total of 131 million strong user base The surge is believed to have..
8 years ago

Malaysia Casino Operator Reports 65% Fall in Profit

Casino operator Genting Malaysia Berhad, a subsidiary of Genting Group, has reported 652 percent fall in third-quarter profits Genting Malaysia Berhad operates Resorts World Genting, Malaysia’s only casino resort, besides running casinos in the United States, the United Kingdom and the Bahamas  The Malaysian casino group generated MYR..
8 years ago

UK & Ireland Online Poker Rankings: Beresford and Wilson on Top

David “Clarkson7” Clarkson makes the headlines in the recent update of the UK and Online climbing to 19th place The rise in rankings for Clarkson, better known for his cash game prowess, is courtesy of the eighth-place finish in the partypoker $100K Gtd Uppercut, which was worth $1,390 The talented newbie is expected to further ascend..
8 years ago