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Phil Ivey Moves To Supreme Court Over His £7.7 Million Casino Winnings

The 40-year-old American poker pro, Phil Ivey is moving to the Supreme Court to fight his legal battle against Genting Casinos UK, which owns Crockfords Club in Mayfair over his £77 million winnings Ivey is seeking to challenge the majority decision of 2016 by the Court of Appeal that dismissed his case against the London-based casino Ivey..
9 years ago

PokerStars Hits The Bull’s Eye By Rescuing The PKR Stressed Players

Following the financial crunch, the PKRcom had to shut down its operations on May 3, giving its players nightmares as they faced the prospect of losing all their money held in their accounts Despite the requirement of keeping players fund in segregated accounts by UK Gambling Commission, even this couldn’t bring any relief to the stressed..
9 years ago

SBTech Partners With Winmasters, Becomes The First To Enter Cyprus Sports Betting Market

SBTech, European sports betting operator is launching the first sportsbook platform; ‘Winmastercy,' in the emerging betting market of Cyprus The announcement of the launch of the platform came soon after the partnership agreement between SBTech and Winmasters in January’17 Winmasters will provide SBTech services to its players in..
9 years ago

IOTA Dives Deep Down With Over 26% Decline In Value

After the drops in the value of cryptocurrencies like Bitcoin and Ether, IOTA, a cryptocurrency designed for the Internet of Things (IoT) declined over 26% IOTA suffers the most, every time the digital currency markets are down The currency after facing a 2686% drop within 24 hours currently stands at $0205769 IOTA’s value decreased most..
9 years ago

Third Largest Ever, WSOP 2017 Main Event

Registrations to the main event of the World Series of Poker, 2017, the third largest event ever, closed on Sunday A total of 7,221 players registered for the main event, creating a prize pool of $67,877,400 $8,150,000 is set to be the top prize in the $10,000 buy-in tournament With a min-cash pay worth $15,000 would be paid to 1,084 players With..
9 years ago

27 Year Old Man Dies After Falling From The Escalator At Pechanga Resort And Casino, California

Robert Flores, 27, Huntington Beach died on Monday, July 10 at 1:20 pm at Inland Valley Medical Center in Wildomar, after falling from an escalator at Pechanga Resort and Casino, California over the weekend The investigations are still going, and officials feel it’s a case of an accidental death with no signs of foul play According to..
9 years ago

Danish Authorities Approve LeoVegas’ Gambling License

Swedish online casino LeoVegas has been given approval of a gambling license by the authorities in Denmark, marking a huge change in the nation’s betting market and giving local players a better access to sports betting and casino games To bring sports betting earliest to the market the gambling company has partnered with the user..
9 years ago

Ethereum Cryptocurrency Falls Further, Trading Below $200

Ethereum market is sinking and its second day that the fall has continued, with the cryptocurrency value coming down 15% in early trade on Tuesday The initial trend this year had a different story to say where both Bitcoin and Ethereum raced up, with Ethereum rising over 5,000% from $8 in January to an all-time high of over $400 on June 13  It..
9 years ago

Macau Legislators Consider Revised Casino Smoking Legislation

Coming in the middle of the time when the government is facing the criticism of being inconsiderate towards the health concerns of the players and casino staff seriously, Macau legislators are considering revised legislation that would change the smoking of tobacco rules in the 30 gambling establishments within the city The 33 member Legislative..
9 years ago

PokerStars Eyes American Poker Market With Launch Of European Poker Tournament Megastack

PokerStars is set to bring an experience of poker tournament that the European nation enjoys and decided to launch the  Megastack tournament in Atlantic City The tournament will be hosted at Resorts Casino Hotel The poker tournament concept evolved in Europe and was very well received It is now ready to set its foot in American poker market..
9 years ago

Bitnovo Announces Launch Of 4000 New Location

Bitnovo, Spanish Bitcoin payment platform, has decided to add 4000 new locations throughout the Spain that would allow the customers to purchase Bitcoin using cash in Spain The expansion move would see an 800% increase in the existing 500 locations available in Spain The company is also launching Bitcoin Visa prepaid debit card in 130 countries..
9 years ago

Harrison Gimbel Wins $3,000 NLHE At WSOP 2017 Completing Poker’s Triple Crown

Harrison Gimbel, 26-year-old poker pro has added his name to the exclusive list of Triple Crown winners, the second person to do so in WSOP 2017 Gimbel, Jupiter, Florida native crushed 1,1349 entrants in the $3,000 no-limit hold’em event that made it his career’s first gold bracelet at WSOP 2017 and won a prize $645,922 The win marked..
9 years ago

PlayUp, Australian Daily Fantasy Sports Startup, Seeks $10 Million To Explore International Options

PlayUp, an Australian startup is seeking $10 million capital to bring the idea of an advertisement paid version of daily fantasy sports concept into a more attractive idea locally According to the startup owner, a Sydney entrepreneur Daniel Simic the idea of his venture undoubtedly is similar to the businesses in the USA, but his site is the only..
9 years ago

Former Mount Airy Casino Resort Employee Involved In Money Laundering Scheme

30-year-old Ashley Brosius, a former employee at Mount Airy Casino Resort has been charged with money laundering conspiracy by the US Attorney for the Middle District of Pennsylvania Brosius along with a co-conspirator, who has not been charged, made copies of players cards made from the stolen personal identification numbers and cards, linked to..
9 years ago

Bitcoin And Other Digital Currencies Help Venezuelans Survive Government Failures

Venezuelans are currently surviving the government failures due to digital currencies like bitcoin and dash There is a series of problems arising due to which even the food is becoming barely affordable Hyperinflation and government policies are major reasons which are preventing most of the country from accessing foreign currencies Online..
9 years ago

Bet365 Sued By Young Woman Over Non Payment Of £1Million Won On Horse Racing Bet

Megan McCann, a resident from around Belfast, is suing Hillside (UK Sports) LP, the company which operates bet365, an online betting company for refusing to pay out her the £1million she won in horse betting McCann was 19 years old when she had placed the bet of almost £25,000 on 12 different horses in four relatively indeterminate..
9 years ago

Nipun Java Wins $1,000 Online No-Limit Hold’em At WSOP 2017

Nipun Java, a software engineer, turned poker pro, won his second bracelet of the summer defeating an army of 951 entrants in WSOP 2017 $1,000 online no-limit hold’em, making $237,688 in the first prize place Java became the first ever Indian to win bracelet along with Aditya Sushant this year securing his first ever bracelet at the WSOP..
9 years ago

Desert Diamond Casino Prepares To Begin Expansion

The Tonoho O’odham Nation Officially announced the construction of their long-planned project of building a casino resort on the borders of Glendale and Peoria only after a decade of buying it The project will commence by the end of the year They also own class II casino on the property at Northern and 91st avenues There were attempts to..
9 years ago

Princeton University Researcher Receives $450,000 Grant From National Science Foundation

A researcher from Princeton University received a federal funding of more than $400,000 to study mechanism incentives and their applications to cryptocurrencies like Bitcoin Seth Weinberg, an assistant professor of computer science at Princeton is leading the research project, "Duality-based tools for simple vs optimal mechanism design and..
9 years ago

SportPesa Call It Quits, Owing To The Increased Taxes

SportPesa, Kenyan gaming firm is closing down its operations following the 35 percent turnover tax if the law prescribing the same remains in force for the sports betting industry The company is planning to move its base to Tanzania or the United Kingdom which would end up in loss of jobs Gerasim Nikolov, Global CEO, SportPesa feels the company..
9 years ago