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Kin Tokens Out For Sale, But Not For Canadian Investors

Canadian messaging platform, Kik rolled out its ICO in a bid to raise $74 m, with the investors from its homeland missing out on it The sale for 512 billion Kin tokens started on Wednesday Due to the regulatory failures investors from major markets for Kik; Canada along with the US, were unable to participate in the ICO sale David Livingston, the..
9 years ago

Poker Community To Help Victims Of The Two Hurricanes Through Global Poker Tournament

  Players at Global Poker scheduled this Sunday, September 17 can show their support to the victims of the Hurricane Harvey and Irma through their participation in a charity tournament The idea of the event came after the suggestions came from a regular forum contributor ‘splayaa’ and Global Poker immediately responded to the..
9 years ago

Bitcoin Prices Slips Under $4,000 Mark In Wake Of Rumoured Regulatory Scrutiny

The Bitcoin prices have slipped back below $4,000 in the fear rumoured regulatory scrutiny The prices of the digital asset fell below $4,000 at around 3:15 UTC today, to reach a record low not observed since September 10  The movement came after Bitcoin price repeatedly neared $4,000 but managed to stay above the barrier The move comes in at..
9 years ago

Pragmatic Play Acquires License To Enter Spanish And Portuguese Market

Pragmatic Play after entering the licensed UK market last year in April acquired licenses to distribute its slots games in the Portuguese and Spanish market The news came out after the gambling regulation bodies; Portugal's Gambling Inspection and Regulation Service (SRIJ) and the Spain's Directorate General for the Regulation of Gambling (DGOJ),..
9 years ago

MGM Casino Faces Another Legal Setback In The Third Connecticut Casino Case

The casino giant, MGM may have to start again because all their efforts to stop the third casino in Connecticut are all going in vain as the federal appeals court has dismissed MGM’s request to rehear their lawsuit against the State of Connecticut The state has approved a law which allows the tribes are running Mohegan Sun and Foxwoods to..
9 years ago

2017 WSOPE At The Czech Republic Announces €5 M In Main Event Guaranteed Prize Pool

The already larger than life 2017 WSOPE poker festival with the initial guaranteed prize pool of €4 million has announced the event to get bigger with the increase in the prize to €5m in the €10,300 buy-in no-limit hold’em main event The champion of the event can now walk away with a guaranteed at least a €1m payday along..
9 years ago

Betway Announces Sponsorship Deal With British Basketball All-Stars Championship

Betway, a global online gambling operator and a popular sportsbook provider, has signed a deal with 2017 British Basketball All-Stars Championship The basketball event will take place for the first time this year which will show the best of the British basketball talent over the scheduled 13 matches played by the eight of the UK’s top sides..
9 years ago

Cryptocurrencies is the future, says Anton Siluanov

Russian Finance Minister Anton Siluanov said his department will regulate the use of cryptocurrencies in the country by the end of 2017 Siluanov offered insight into the government's plans to oversee Russia's domestic cryptocurrency market during an appearance at the Moscow Financial Forum last Friday Echoing previous statements by members of the..
9 years ago

NJ Division of Gaming Enforcement shows resilience

Since the official launch of the New Jersey Division of Gaming Enforcement in late November 2013, the market of the gaming industry has been steadily growing As it turns out, it has entered its maturity phase There are 5 operators, and a few more online gaming sites New Jersey casino players can join and enjoy Some of the best casino games Europe..
9 years ago

Ethereum Records A New Record With Half A Million Transactions Within 24 Hours

The Ethereum network recorded more than half a million transactions in less than 24 hours Ethereum has quietly made its way to up in and is growing with the number of users increasing with much attention focused on Bitcoin and the Chinese ICO ban The transaction fees tend to remain the same despite the exponential rise in the network usage The..
9 years ago

17 Pagcor Owned Casino To Go Private

 The Department of Finance has decided on the number of government-operated casinos which are likely to go private the next year Carlos G Dominguez III, Finance Secretary, has no intentions to withdraw the plans to sell the casinos that come under the Philippine Amusement and Gaming Corp (Pagcor) Around 17 Casinos will be put on the auction..
9 years ago

DraftKing And FanDuel To Pay $1.3 M Each In Settlement To Massachusetts

DraftKings and FanDuel, fantasy sports giant, have agreed to pay a combined $26m settlement with the office of Massachusetts Attorney General after the statewide investigations following the allegations of both the firms failed to provide consumer protection in 2015 The office of the Massachusetts Attorney General started investigations to review..
9 years ago

South Korea On A Move To Bring Stringent Cryptocurrency Laws

South Korea is planning to introduce stricter regulation and monitoring of all the virtual currencies The country held a special meeting of digital currency task force, which is composed of the Central Bank, financial regulators and cryptocurrency companies, in early September 2017 The meeting was aimed to strengthen; the user authentication..
9 years ago

888poker Announces Launch Of XL Eclipse

888poker is launching on September 10, XL Eclipse It will have 197 events on its schedule and spans over 15 days It is a huge event, where the players are being offered a huge value based on buy-in level The XL Eclipse will commence with a mini Opening Event on the 10th of September with the buy-in of just $12 and a prize pool of $50,000 Players..
9 years ago

Italy Casinos Record Growth In August

The four listed casinos in Italy have reported a positive growth during summer, as Italy embraces gaming industry Northern Italy located Saint Vincent Casino made revenue of €54m alone in August, up by 10% from the last year in the same period Though slots showed a little drop but still managed to earn over €3m most the increase in the..
9 years ago

Minnesota Gears Up To Combat Illegal Sports Betting Ahead Of 2017 NFL Season

The state of Minnesota is seriously taking up enforcement to crack down illegal sports gambling in the state, starting the opening day of the NFL football season As per the State Department of Public Safety, illegal betting is “risky and dangerous” as it lacks any consumer protection Terry Kelley, Gambling Enforcement Special Agent,..
9 years ago

Bitcoin Cash Prices Go Up, Crosses $700 Mark

The prices of Bitcoin Cash pushed high, crossing $700 mark on Thursday The currency was trading for as high as $718 per coin on Thursday morning, up by almost 8% The digital token has since come down, trading at around $695 Bitcoin Cash led a massive cryptocurrency rally on Wednesday that followed market crash, early in the week The crackdown on..
9 years ago

Hurricane Irma To Affect The Poker Industry In Florida

The poker rooms across the state, especially to the south of Florida are likely to shut down until the storm passes away According to the National Hurricane Centre, about a dozen card rooms are expecting the hurricane by the early Sunday morning in the Miami and Fort Lauderdale area With the arrival of Hurricane Irma to the eastern coast, loss of..
9 years ago

PokerStars Introduces Major Change In Its Multiple Seat Entry Through Satellite Policy

PokerStars rolled out yet another major change in its online poker policies, this time removing the chance for players to earn multiple seats of their live tournaments via satellites It will bring about a huge change from the traditional way, where players found satellites to profit their efforts past the initial tournament seat Even though..
9 years ago

Three Men Arrested By Russian Authorities For Illegal Bitcoin Trading

The Russian authorities recently arrested three men in Russia for their alleged involvement in the illegal sales of digital currency Bitcoin in the past few years The authorities are further investigating the men for such high volume of trades without acquiring a license and not paying taxes on their earnings According to the reports of the local..
9 years ago