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32 US states could legalize sports betting within 5 years

As per a new report, around 32 US states will be offering legal sports betting If the US Supreme Court rules in the favor of New Jersey’s quest to offer sports betting, then within 5 years half of the US states will be witnessing legal sports betting A new market would be worth more than $6 billion If all US states offer legal sports..
9 years ago

Trinidadian Casinos will have to close down

Last night, Trinidadian Members’ clubs said to have no option left other than to shut down following the hefty taxes imposed on the industry after Finance Minister Colm Imbert presented the 2017-2018 budget in the House of Representatives yesterday Sherry Persad, industry spokesman said to have ‘utter dismay’ after learning..
9 years ago

The poker-lover Vegas shooter remains a puzzle for Las Vegas Police

Stephen Paddock, 64-year-old, was a multimillionaire real-estate investor who had a penchant for guns and high-stakes video poker His father was a notorious fugitive bank robber Stephan lived in a Nevada retirement community and seemed to live a comfortable life with his live-in girlfriend He had two ex-wives and was a one-time accountant Police..
9 years ago

Imperial Pacific Casino Generates Over $1 Billion In Gaming Revenue

According to the Saipan Tribune, Imperial Pacific International have gross gaming revenue of over $1 billion from January to July 2017 As per the official documents from the Commonwealth Casino Commission, the company paid a tax of $534 million from January to July 2017 This amounts to the 5 percent of the tax paid on the gross gaming..
9 years ago

Bitcoin Manages To Get 85 % Premium Priced At $7200 In Zimbabwe

Bitcoin is trading at a whopping $7200 in Zimbabwe In the wake of hyperinflation and citizens facing the devalued currency, they are forced to look for a much safer and a stable currency With a devalued currency environment Zimbabwe is welcoming a more stable form of currency The country had hit its critical point in 2008 and at present faces a..
9 years ago

Nick Petrangelo Wins 2017 WCOOP $25,000 High Roller

A pool of 149 players registered for the PokerStars’ 2017 World Championship of Online Poker $25,000 no-limit hold’em high roller The event came with a guaranteed $3 million and a pool prize of over $650,000 Nick Petrangelo made a three-handed deal with Bryn Kenney and Bartlomeij Machon and turned out to be the winner at the end..
9 years ago

Germany’s Interstate Gambling Treaty Faces Setback as Schleswig-Holstein Disapprove

Schleswig-Holstein government officially voted down the amendments which were introduced to the law in the March on Friday giving a setback to Germany’s Interstate Treaty on Gambling The northernmost state in Germany also brought up its plans to bring in its own set of gambling rules framework which includes expanded online gambling..
9 years ago

BetConstruct Obtains Remote Gaming License In France

BetConstruct, one of the leading developer and provider of online and land-based betting and gaming solutions has acquired a remote gaming license from French online games regulator ARJEL, for its sportsbook product Under the new license, the company would be able to provide its sports betting software to its partners who wish to operate in the..
9 years ago

Jeff Birt Wins MSPT Running Aces Event, Earning $81 K

Jeff Birt won $81k in the Mid-States Poker Tour (MSPT), and the event turned out to be huge in the past nine years The Running Aces, located in the north of the twin cities organised the largest event of 2017 with 383 entries breaking 2013 record of 367 entries On Day two, Minnesota poker pro Kou Vang, last year’s runner-up Vic Peppe and..
9 years ago

Ukraine Dismisses Bitcoin To Be A Currency

An official from the Central Bank of Ukraine has claimed that the country doesn’t acknowledge bitcoin as a currency or medium of trade According to Oleg Churiy, Deputy head of the National Bank Of Ukraine, "We can say that this is not a currency because there is no central issuer And we cannot recognise this as a means of payment" The..
9 years ago

British Columbia Probes Alleged Money Laundering At The Casinos

The British Columbia Gaming Policy and Enforcement Branch (BGPEB) recently concluded that there were significant volumes of the unknown source being taken in the casino, following which the government of British Columbia is set to recheck the allegations of suspected money laundering According to the 400-page report, completed in 2016, but..
9 years ago

Poker Industry In Puerto Rico Affected Due To Hurricane Maria

It's a pokerless atmosphere in Puerto Rico since it was hit by Hurricane Maria due to which 20 casinos on the island territory remain closed These casinos were bread and butter to nearly 35 million US citizens The storm was a horrific site with winds exceeding 150mph blowing out windows, peeling off roofs and ripping away trees from the ground..
9 years ago

Shanghai Shows Exit To Crypto Trading Markets

17 trading platform will reportedly stop trading cryptocurrency in Shanghai Among the names, BTCChina, SZZC, Binance, 51SZZC 91ICO, Lhang, Bitekuang, ETCWin FreeWillex, Bitbill, 19800Net ICORaise, ICOAGE ICOrace, ICOfox and ICO17 declared publicly that they further do not carry out ICO operations and plan to exit the market In a report by the..
9 years ago

Kentucky Reconsidering Casino Laws

Kentucky is on plans to propose new policies that could change the fact that it is the only state without any casinos As per the reports Representatives from Kentucky, Dennis Keene, D-Bedford, Rick Rand, and D-Wilder, introduced an amendment which asks for casinos in the state The proposal seeks to have four stand-alone casinos along with six..
9 years ago

Hawaii Takes A Firm Stand On Poker Law Enforcement

Hawaii has the strictest gambling laws in the country, and the police in the island state are firming the enforcement in the state According to the local reports, there can be more than 100 illegal gambling dens operating on the island of Oahu, home to Honolulu It includes the gaming machines as well as poker games Hawaii stands a long history of..
9 years ago

Golden Race Targets Las Vegas To Market Its New Games

Golden Race, Spain-based sports book operator has decided to launch its new competition games in Las Vegas, to the sports betting and the gaming industry Golden Race will be releasing a demonstration of the improvised version of its 3D Horse Racing products at the Global Gaming Expo (G2E), presented by the American Gaming Association (AGA) in Las..
9 years ago

Queen Park Rangers Launches New Hoops Lottery With The Help Of BD Sport Group And 5050 Central

Queens Park Rangers (QPR) recently announced a chance to win big to their fans in their new Hoops lottery which would be provided by 5050 Central and BD Sport Group BD Stadia happens to be the largest in-stadium betting provider in the UK and the Europe The company holds over 1000 match day employees The company would be tasked with bringing out..
9 years ago

PokerStars New Jersey Championships of Online Poker Returns, Starting September 30

PokerStars New Jersey Championships of Online Poker (NJCOOP) is set to return to New Jersey in over a week this year, after a vibrant inaugural last year The series will be the richest and biggest in the online poker history of New Jersey The championship is set to offer 46 unique tournaments, featuring a combined $12 million in guarantees The..
9 years ago

Mississippi Casinos Report A Drop In Revenue

In one year the total collection of Mississippi’s revenue has dropped by 2% from $171 million last year to $168 million Considering the individual markets the 12 coast casinos reported a less than 1% year over year at $98 million, showing five out of six monthly increase for the Magnolia state Around 16 river casinos witnessed their winning..
9 years ago

Betfred Announces End Of Commercial Ties With British Racing

Betfred, the online and land-based sports betting operator, recently declared to end all their commercial associations with British Racing, once their deal to sports betting pool services expire, which is due in July 2018 As per the reports of The Racing Post, the announcement was followed by the constantly failing relationship between the two,..
9 years ago