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Post Retirement, Bolt Likely To Spend More Time On Poker

Usain Bolt after finishing third in his career’s last solo race would likely get more time to focus on his new poker career Bolt confirmed in his interview that he is happy with his career and firm on his decision of retirement The decision will give him more time to work on his partnership with PokerStars Bolt partnered with the online..
9 years ago

China Announces Use Of Blockchain For Taxation And Invoice Generation

China government has recently announced its plan to include blockchain use for tax collection and to issue electronic invoices The government revealed the idea to add the blockchain in 'Thirteenth Five-year National Informatization Plan' in 2016 The country was ever-since has been working towards the implementation and inclusion of blockchain..
9 years ago

The United States President Applies For Casino In Macau

DTTM Operations LLC, a Delaware registered Trump Organisation company applied for four trademark applications in June, which includes one for casinos in Macau The company under the brand name of the United States President gives rise to the speculations of the organisation to plan future business in Macau The news of the applications was first..
9 years ago

Ukraine To Have 150 Bitcoin ATMs In 2017

The Founder of Kuna Bitcoin Agency and Kuna Cryptocurrency Exchange, Michael Chobanian, has announced that around 150 Bitcoin automated teller machines would be installed in Ukraine in 2017 The capital city, Kiev alone would have a total of 20-30 ATMs installed by the end of the summer The decision to install BTMs came after the constant demands..
9 years ago

DraftKings Plans To Lunch Its Services In Irish Market

 Daily Fantasy Sports Giant, DraftKings is planning to provide its gaming service in Ireland in coming times Though the company has not yet disclosed the exact launch date of the services, it is expected before the end of this year Currently, the Fantasy Sports Giant has no plans to open an office in the country but the Chief International..
9 years ago

Crown Resorts Casino Shows Profit, Owing to Its Macau Stake Sale

Crown Resorts, Australian casino, has reportedly doubled its total annual profit from last year, declaring the numbers this year to be at AUD19bn The result was however because of the stake sales of its Macau Holdings in Lawrence Ho’s Melco Resorts and Entertainment As per the reports, Crown Resorts saw a rise of 967% rise in its net profit..
9 years ago

Partypoker Releases 2017 Powerfest Online Poker Tournament Details

The details of the 2017 Powerfest online poker tournament series have been revealed by Partypoker The series will have more than 330 events in total along with over a dozen of championships with a guaranteed prize pool of $35 million The tournament is slated from September 3 to September 24 The championships will have the buy-ins starting as low..
9 years ago

Daniel Lowery Takes The Day 1A Chip Lead In 2017 World Poker Tour Choctaw Main Event

The World Poker Tour Choctaw festival from the poker series 2017/2018 calendar is going on in Choctaw Casino & Resort in Durant, Oklahoma The Main Event with $3,700 buy-in started on Friday, where around 340 entrants registered from around the globe Daniel Lowery from Peter Pandara, Arkansas, survived the day one with 347,200 chips in a..
9 years ago

Bitcoin Sees Massive Spike, Crosses $3,000 Mark To Set An All-Time High

Bitcoin has hit its all-time high with a value over $3,000 per coin, up by $485 in its value, a month ago The Bitcoin saw many highs and lows this week with the split of cryptocurrency striking the market on August 1 The bitcoin has come a long journey this year surpassing the $2,000 mark first time in May and reaching almost $3,000 this June The..
9 years ago

Pennsylvania Casino Scam Accused Gets 18 Months In Federal Prison

Gambler Mark Joseph Heltzel, the 52-year-old Dallas resident, has been sentenced to 18 months in federal prison for his involvement in a scheme, defrauding a Pennsylvania casino, Mohegan Sun Pocono of more than $420,000 Hetzel pleaded guilty to conspiracy involving money laundering along with two former employees of the casino According to..
9 years ago

Increased Betting Taxes Likely To Hit Irish Horseracing

A higher tax rate has been proposed by Horse Racing Ireland (HRI), Ireland’s horse racing governing body for the betting sector The body has asked the Industry to implement an increase in 15% for sports betting through a petition which was submitted to the Department of Finance The proposal seeks a rise in the rate of the duty from the..
9 years ago

WannaCry Hackers Scoop Out $143,000 Worth Bitcoin Made In Ransomware Attack

Hackers have scooped out more than $143,000 worth of Bitcoin which was paid as a ransom of $300 by victims for unlocking the device in a WannaCry attack three months ago that affected more than 300,000 computers from over 150 countries The attack locked down the files on the computers of businesses, government organisations and the UK’s..
9 years ago

Ladbrokes Signs Deal With Sheffield United Football Club To Become The Club’s New Official Stadium Betting Partner

A three-year deal has been signed by Ladbrokes which is a huge European betting company The deal will have a new EFL Championship team Sheffield United Football club The deal has declared to give betting services at the club’s 32,000-seater, Bramall lane stadium, along with brand advertising which would be accessible to the club’s..
9 years ago

Atlantic City Casino Tax Disputes Settled By The State

A special state-appointed city overseer has settled the long running casino tax disputes that involved various casinos in Atlantic City, though the officers have not revealed the settlement amount However, an amount of $80m bond introduced by city council officials, which would be used to fund the repayment has been told by unconfirmed..
9 years ago

Japan Added As The World Poker Tour Stop

The World Poker Tour has announced its first ever stop in Japan The tournament has announced its partnership with a group called the Japan Poker Union Although the venue remains unknown, qualifiers at a local poker clubs will take place There would be four events in the tournament is slated for November 23-26 The Japan Poker Union Corporation..
9 years ago

Maine Joins Arkansas, Becomes The 15th State To Legalise Fantasy Sports

Maine legalises paid-entry fantasy sports this year and becomes the fifth state this and 15th state otherwise to do so The law came into force on Wednesday Just a few days back the state of Arkansas passed the law legalising fantasy sports Gov Paul LePage had time until August 1 to decide the fate of the bill which was approved by the state..
9 years ago

Oregon State Lottery Sees Growth Despite The Coming Of New Casino

The Ilani Casino Resort that opened three months back on the Oregon-Washington border failed to stop the growth in Oregon State Lottery sales Though the sales have slowed down, they continue to grow The state lottery revenues are up by 26%, which is near $27 million, from the previous year at the same time According to the prediction made by the..
9 years ago

Bitcoin Market Cap Stable Following The Hard Fork

The prices Bitcoin have stabilised at $2,700 after reaching $2,900 on August 1, following the fork The market cap is maintained at $452 billion The newly created Bitcoin Cash has still not undercut Bitcoin’s value but has made the market’s future uncertain The August 1 hard fork caused a split in the blockchain for seeking new means..
9 years ago

Online Poker Giant ‘The Stars Group’ Opens Its New Office In Malta

The world’s largest online gaming brand, Stars Group Inc (formerly known as Amaya Inc), that holds 70% of the global poker gaming market has relocated its office in Malta, which was inaugurated by Prime Minister Joseph Muscat 12% of Malta’s gross domestic product is contributed by the i-gaming industry Stars Groups started its office..
9 years ago

Research Reveals More Than 60% Kenyans Fear Heavy Taxes May Kill Betting Industry

A poll conducted on 822 respondents from the seven counties- Nairobi, Uasin Gishu, Meru, Nyeri, Kisumu, Mombasa, and Kakamega, revealed that more than 60% of the Kenyans do not support the recent legislation imposing a 35% tax on the betting companies Only about 22% of the respondents were in support of it Respondents are unsupportive of the new..
9 years ago