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Ethereum Climbs Back Slowly After The Weekend Crash

Ethereum seems to be coming back in the game with the prices stabilizing over the weekend, ever since the crash The currency was trading at as low as $140 an ether after slipping down more than 25% The currency is trying to take back its position and is currently operating at $166 The digital currency at its recent lowest hit was down by 65% from..
9 years ago

Adrian Moreno Wins His First WSOP Gold Bracelet In $1,111 Buy-In Little One For One Drop

Adrian Moreno won $1,111 buy-in Little One for One Drop no-limit hold’em event Moreno dedicated his victory to a close friend he recently lost, for which he had to fly back home for a day only to return to win this match for his lost friend For the 48-year-old Ontario, California native, Moreno, it was his first WSOP gold bracelet He also..
9 years ago

From The All-Time High, Cryptocurrency Market Sinks By About 50%

The total value of the digital currencies has further declined in the last 48 hours by more than $10 billion The market has come crashing down ever since it reached its all-time high of $115 billion in mid-June to dropping down to 469%, coming down at $61bn The price of Bitcoin kept declining after dropping below the $2,000 mark The hit was the..
9 years ago

India In Talks To Legalise Online Sports Betting

Indian Sports Ministry has brought up the issue of legalization and regulation of online sports betting As per sources, different government administrations have been approached with the proposal, and informal consultations have been held The online sports betting legislative framework is still in its earliest stages of development in the..
9 years ago

For A £2 Pay, 62-Year-Old Birmingham Lady Ends Up In $8.1 M WSOP Game

To the biggest win of £2350, 62-year-old, crochet-loving Birmingham gran Shirley Marshall, who is married to angling-addicted pensioner Ken, luck turned tables as she found herself sitting at the table for the World Series of Poker tournament She found herself betting against the best Hold’Em poker player in the world with $81 million..
9 years ago

Year-Over-Year Increase In Revenue For Northwest Indiana Casinos In June

The monthly revenue report for casinos in Northwest Indiana for the month of June released last week by the Indiana Gaming Commission It was revealed the five casinos in the state had a collection of over $75 million, which was a little over 6% from the previous year’s earnings during the same month of $7096 million Of the five casinos in..
9 years ago

Brad Horner, An IT Professional From California Wins 2017 Card Player Poker Tour Main Event

For a $400,000 guaranteed main event in the 2017 Card Player Poker Tour at the Bicycle Hotel and Casino a total of 1,754 players registered A final prize pool of $467,928 was created from the high turnout of the players Brad Horner, a 30-year-old IT professional from Visalia, California, won the event, made $49,123 in winnings along with a CPPT..
9 years ago

Resorts World Casino Begins $400 Million 400 Rooms Four Star Hotel Expansion

Resorts World Casino, New York City in South Ozone Park will be building brand new amenities initiated the new venture with a $400 million expansion for over 10 million annual visitors on Thursday, July 13 The excitement brought the President of Resorts World President Scott Molina and other members outside the casino for the honorary..
9 years ago

Supreme Court’s Sports Betting Ruling May Affect Nevada Gambling Industry Majorly

With the supreme court of the United States announcement of reviewing the sports betting case of New Jersey and the American Gaming Association’s persuasion to repeal the law that forbids state authorized sports betting, which may bring about with it some significant changes The fate of sports betting in Nevada is in question Many sports..
9 years ago

Rumors Of Egyptian Banks Handling Bitcoin Dismissed By Egyptian Regulators

The central bank of Egypt dismissed the rumors that banks were allowed in the country to handle cryptocurrencies like Bitcoin The rumors first appeared on a social media website The Central Bank acted quickly by alerting deputy governor Gamal Negm, who denied them Negm clarified to the Egyptian economics magazine, Amwal Al Ghad that the bank..
9 years ago

Ether Prices Slides Down Below $190 During Wider Cryptocurrency Market Decline

Amid a significant drop in cryptocurrency markets, Ether prices fell below $190 on Friday According to CoinDesk data, the currency dipped around 13% from the time it opened the day at $21081 to about as low as $183 South Korea based exchange, Bithumb, the world’s most voluminous exchange for the Ether is trading at $18341, as per..
9 years ago

Felony Charges Dropped Against Online Gambling Billionaire Calvin Ayre By The U.S Government

The Canadian online gambling entrepreneur and founder of the Bodog brand, Calvin Ayre has been freed from the federal felony charges he was facing in the United States As per Forbes reports Ayre has admitted over the phone from Vancouver to a misdemeanor charge of being an accessory after the fact in a Baltimore federal court case All the felony..
9 years ago

DraftKings and FanDuel Call Off The Proposed Merger, After Facing Opposition From FTC

DraftKings and FanDuel, the two fantasy sports giants, have called off their proposed merger on Thursday, after a month long struggle with federal regulators who opposed and tried to block the merger The Federal Trade Commission (FTC) objected to the merger arguing that the merger would create a monopoly with the company controlling more than 90..
9 years ago

15 Arrested In Casino Loan-Sharking Ring By Macau Judiciary Police

12 men and three women mainland Chinese nationals have been arrested for their alleged involvement in a loan-sharking ring that targeted casino gamblers at Cotai casinos by the Macau Judiciary Police The suspects were involved in a scheme that charged gamblers extremely high-interest rates, based on an agreed principal amount of RMB7m The..
9 years ago

As Governor Signs Law, Connecticut Prepares For Legalised Sports Betting

Connecticut is all set to offer legal sports betting, becoming the latest state to join the sports betting race Gov Danell Malloy signed a bill this week- H 6948 this week that features the sports betting provision The bill was passed in June by the state legislature The bill included the authorization of a new casino in the state as a part of..
9 years ago

New Jersey’s Online Poker Market A Bit Rough With All-Time Low Collections

Ever since the regulated market was established in late 2013, online poker market has the worst collection as per the figures released by the New Jersey Division of Gaming Enforcement (DGE) Despite launching of many new recreational games like lottery sit-and-gos, which are designed to boost player engagement, poker collections were $1,735,634..
9 years ago

South Korea Legalizes International Fund Transfer Using Bitcoin

South Korea has recently passed a law that legalizes international money transfers using Bitcoin from 18th of July Though a small thing for Bitcoin, it sure will challenge the traditional banking methods and companies with the likes of Western Union, PayPal, etc The amended South Korean Foreign Exchange Transactions Act lets the FinTech..
9 years ago

New York Based Private Equity Firm Offers $220 Million To Buy Closed Atlantic City’s Revel Casino

According to reports, a private equity firm from New York has offered $220 million to buy shuttered Revel Casino in Atlantic City, now renamed TEN The unnamed company from New York City is being represented by the Digital Launch, a New York-based marketing firm The Operations Director, Alex Fredericks told the media that the offer was lodged in..
9 years ago

Project Ubu, A South African Payment System Unveiled

Project Ubu (Universal Basic Unit), a cryptocurrency payment system was introduced in South Africa by a group of businesspeople that aims to get many users It also seeks to further give its participants an equivalent of five US dollars a day in cryptocurrency The participants can use this cryptocurrency to exchange for goods and will not be..
9 years ago

Irish Government Introduces New Bill Raising The Gambling Age To 18

Ministers from the Irish Cabinet passed the Courts and Civil Liabilities (Miscellaneous Provisions) Bill yesterday afternoon which would raise the minimum age from 16 to 18 years to participate in and enter gambling venues The Legislation will not come into force until the government releases the full text At present under the Gaming and..
9 years ago