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University Of Sydney Develops A New Blockchain Technology

A new blockchain technology is being developed by the researchers at the University of Sydney (USYD) Based on the name of Australia’s one of the deadliest snakes, Red Belly Blockchain is believed to have a potential that would revolutionise the global economy The system being developed is expected to allow secure and lighting speed fast..
9 years ago

State-owned Casinos Likely To Be Privatised

The state-owned casinos will be removed from the Philippine Amusement and Gaming Crop (Pagcor), as the Department of Finance thinks the government will continue to earn revenue According to the Finance Secretary, Carlos G Dominguez III, the government, would generate more tax revenues and Pagcor would be expected to make higher licenses fees from..
9 years ago

Star Vegas Resorts And Club Launches Poker King Club Room

The Saturday launch of a poker room opened by the Cambodian casino resort, Star Vegas Resorts and Club under the brand Poker King Club coincided with the Asian Poker Tour    The casino resort, Star Vegas, owned by Donaco International Ltd is hosting the APT Southeast Asia until July 7 The casino is located in the town of Poipet,..
9 years ago

Daily Fantasy Sports Bill By New Jersey State Legislature

A bill was passed on Friday by the state legislature, authorising the licensing provision of the Daily fantasy sports to be regulated in New Jersey Gov Chris Christie’s final approval on the bill is all that is needed for the bill This bill will allow the fantasy sports and racetrack operators to able to apply for the licence The operators..
9 years ago

CYPRUS signed the largest casino deal in Europe

To construct and operate the biggest casino resort in Europe, CYPRUS has recently signed an agreement with Macau's Melco International and America's Hard Rock The resort which is estimated to cost 600 million euros will be the first internationally recognized south Mediterranean holiday island  Spanning over 6,000m², the casino project..
9 years ago

Scam Claim against Bitcoin and Office Space Investment Schemes

Securities and Exchange Commission has made a claim against the undercover founder of Bitcoin platform and a chain of co-working spaces This charge says Renwick Haddow has created two trendy companies and misled investors The founder, a UK citizen living in New York, has made a broker-dealer without registering the firm under the federal..
9 years ago

A Gap in Treasury and DCMS Invites Delay in Betting Terminal Review

Owing to complication created between the Treasury and the government departments associated with the gambling industry, the long-awaited review of fixed-odds betting terminals gets postponed until autumn The complexity has also increased due to the MPs of the Democratic Unionist Party, who are holding the balance of power in parliament and are..
9 years ago

France, Italy, Spain, and Portugal to come under the banner of online poker liquidity

The European online poker market will soon see a significant change as the four primary segregated markets ie France, Italy, Spain and Portugal are likely to be added It is now ready to spread its wings These four countries will allow online poker players to play against any other player in their region  Prepared to be signed on July 6th,..
9 years ago

Amid Death Penalty Panic, Chinese Cryptocurrency Exchanges Issue ICO Warnings

Illegal ICOs have become an issue for China and the participants can now even face death The ICO phenomenon could have severe consequences for oblivious Chinese investors According to the reports, two Chinese exchanges have issued warnings, excusing themselves from involving in any non-bonafide token sales Though the notice says its useful..
9 years ago

Gateway Casino To Invest $26 Million For Rebranding In Point Edward Casino

In order to rebrand the Point Edward Casino as a “Starlight Casino”, Gateway Casinos & Entertainment has announced a $26 million renovation The announcement was made on Thursday afternoon at the waterfront gaming facility According to the CEO, Tony Santo the new Starlight Casino will have an enhanced gaming floor and two new..
9 years ago

Portugal’s National Association of Online Gamblers To File Petition Seeking Tax Rates Revision

In a bid to get the tax rates lowered on online gambling Portugal’s National Association of Online Gamblers (ANAon) has decided to file a petition with the parliament The petition aimed at persuading the government to reduce the current 30 % tax rate on local online licensed operators, with 4600 signature will be presented to the Assembly..
9 years ago

Resorts World Manila Reopens After The Deadly June 2 Attack

Resorts World Manila (RWM) reopened with enhanced security on June 29 after the attacks on the casino on June 2, where a lone gunman had set fire to casino table that claimed 37 lives The regulator of Philippine Amusement and Gaming Corporation (Pagcor) said; it was only after the RWM agreed to implement stricter security and safety measure that..
9 years ago

Online Poker Bill Of Illinois Put On Hold

A meeting which was scheduled on Tuesday to hear on an online gaming bill in Illinois could not be materialised and has been postponed for unspecified time The Poker Players Alliance, prepared to testify at the hearing said: “Wheels have come off in Illinois,” and further plan on to regroup and try again after a few weeks The bill, HB..
9 years ago

PokerStars Launches Microgaming’s Games Following Successful Quickfire Integration

PokerStars has successfully integrated Quickfire platform from gaming software developer Microgaming Software Systems Limited, which allowed the site to offer players a wide range of new games that include Mega Moolah and Immortal Romance video slots  PokerStars and Microgaming’s Quickfire platform signed the agreement in February to..
9 years ago

Manuel “Noli” Francisco Passed Away Due To Kidney Failure At The Age Of 75

Manuel “Noli” Francisco, a well-known poker player passed away in February due to kidney failure He was 75 years of age Francisco died in New Jersey He was a native of Philippines Despite working many jobs as an architect and real estate entrepreneur, Poker remained his passion throughout According to Mickey Appleman, four-time..
9 years ago

TenX raises $80 Million In ICO, Starta Accelerator Follows The Same

TenX, a blockchain based startup from Singapore raised US$80 million from a token sale that was held last week Another US-based startup is on a lookout to raise US$5 million through ICO, Suggesting of the popularity and acceptance in the Initial Coin Offerings (ICO) in Singapore The reason why ICO is attracting a huge interest is that, of all the..
9 years ago

UKGC Seeks Casino Operators To Update Their Information Security Protocols

The UK Gambling Commission, UKGC, the main regulatory body has asked the casinos operating in the area and offering their services to the UK players to adapt their information security protocols with ISO 27001 standards if they wish to keep their licences and continue operations in one of the most lucrative casino markets in the world The UKGC..
9 years ago

Cryptocurrency Market Back On Track!

After a not so very good time for the cryptocurrency market where almost every cryptocurrency lost its value this week, it looks like the market is coming back to life Some of the currencies are crawling back to the double-digit value Though the market has not completely recovered, it looks like its recovering for now It’s a time to rejoice..
9 years ago

Mashpee Tribe Withdraws Request To Buld Proposed Taunton Casino

The Mashpee Wampanoag tribe, for now, has withdrawn its request for building a casino complex in East Taunton from the US Department of Interior over the ongoing land dispute The plan of the tribe to build the casino resort in East Taunton has been on a halt ever since the US District Court Judge sided with the Taunton local residents in..
9 years ago

Pennsylvania Debates Over Gambling Machine That Could Destroy Online Poker

Pennsylvania is in a dilemma, whether or not to allow slot-like machines known as video gaming terminals (VGTs) at the bars and restaurants around the state The Senate and House both have approved the gambling expansion package and the lawmakers want these VGTs in the package but it has become a cause of concern for the other senators The cause..
9 years ago