iGaming Team

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New York To Decide On Online Poker

New York is all set to try again at online poker On Monday New York’s Senate voted on the online poker proposal sitting on the table The estimated collection of year-one online poker market for New York State has been $120 million as compared to New Jersey’s collection which was $30 million for the year 2016 The internet gaming bill..
9 years ago

Bitcoin Stumbles Down After Hitting an All-Time-High $3000 Mark

After a sudden spike hitting Bitcoin to a $3000 mark, the beginning of the week brought down Bitcoin’s price drastically down by over $400 in a matter of hours Along with Bitcoin Ethereum also crashed, briefly after touching $420 on many exchanges As the price had diverted too far from any technical analysis indicators, such a correction..
9 years ago

Casino Industry Takes Up the Annulment of the Sports Betting Laws

What looks like a (Casino) Industrial revolution is when a group of the largest lobby is making extreme efforts to annul the ancient 25-year-old federal laws that ban sports betting in most of the states An alliance involving the organisations of attorneys general and police, policymakers and others to advocate for the annulment of the ban was..
9 years ago

China Charges Australian Hotel Employees of Promoting Gambling

In a violation of strict Chinese gambling regulations, three Australian employees of Crown Resorts Ltd were to be prosecuted as was confirmed by China in November last year Jason O’Connor, the head of Crown’s VIP international team, who was visiting China from Melbourne and Australian-Chinese dual nationals Jerry Xuan and Jenny Pan..
9 years ago

Neymar Becomes Most Expensive Football Player, Owing it to Poker

Neymar Jr, the 25-year-old Brazilian footballer who plays for Barcelona FC is one of the ambassadors of PokerStars has been rated as the most expensive football player in the world Neymar recently scored 20 goals from 45 games was one of the factors to bring his rating higher There are certain other ranges of factors that determine the value of a..
9 years ago

Poland Introduces Stringent New Gambling Regulatory Establishments

Poland is the newest member of the regulated online gambling landscape in Europe After being approved by the government last year, a new gambling regulatory establishment came into effect from 1st April’17 with the intentions to liberalise the local market, though not much of liberalisation took place The new establishment allows the..
9 years ago

KYC Guidelines To be Introduced By Russian Government For Cryptocurrency Purchases

The Russian Ministry of Finance is intending to introduce KYC guidelines for cryptocurrency purchases favouring greater identity verifications and the desire for a more forbearing and regulated legal mechanism and structure The announcement came in less than two months from the expected completion Russia has come a long way with respect to its..
9 years ago

National Diet Japan Goes All Strict To Combat Problem Gambling

The bill that was passed last year in December to finish off with the prohibition on commercial gaming, with a second, more comprehensive, would be introduced in 2017 by the National Diet Japan’s legislative body’s focus as of now is to prevent potential gambling problems that might arise from the commercial integrated resorts,..
9 years ago

Adrian Mateos’ Wins Third Bracelet in $10 K Heads-Up

Adrian Mateos, The youngest star in the glittery poker world hails from Spain and is just 22 years old He is the youngest player to win three WSOP golden bracelets ever in the history The Friday night victory came after he topped a field of 129 players in Event #15: $10,000 Heads-Up No-Limit Hold’em Championship, making the winning amount..
9 years ago

Sports Betting Contributes Majorly In Online Gaming Revenue, Hitting €82.2m in first 10 months

 Into 10 months of regulated service in online gaming revenue, Portugal made around €822m ($921m), during the time period of late May 2016 to March 31, 2017 Of all the revenue generated the major contribution was by sports betting, owing to the 70% of the total online gambling revenue in that period, with a total going on to €576m..
9 years ago

In All-Time High Bitcoin Hits $3000 Mark

In a massive surge in the value trends of Bitcoin, an all-time high was seen on Sunday of gain about 200% in the value, the cryptocurrency reaching $3,000 mark, ever since January 2017 The cause owing to it is the growing demand among the investors in Asian markets is bitcoin’s bull run after the return of Bitcoins, China returns near the..
9 years ago

PokerStars Paces Up With A Bolt!

Usain Bolt, eight-time Olympics gold medalist has decided to enjoy some poker following his retirement Reportedly PokerStars has signed Usain Bolt as the sponsored player for marketing campaigns and live appearances to woo new audiences to poker Bolt’s joining the PokerStars is followed by Kevin Hart’s joining He was excited to join..
9 years ago

All That is Not Good At Rio All Suite Hotel and Casino

 Rio All Suite Hotel and Casino is the host for the on-going 48th Annual WSOP and for what seems to be the most exciting time for what seems to be the most exciting time for poker enthusiasts, all is not happy and fun Reportedly two guests at the Rio hotel were diagnosed with Legionnaires' disease This has left the poker players..
9 years ago

“Sports Betting USA” Conference To Be on 14-15 Nov’17

 Clarion Gaming, industry corporate events organiser is launching their first ever “Sports Betting USA” conference, scheduled November 14-15 2017 at the Convene in New York City The objective of the conference is to discuss and debate the legislative path for the potential revoking of the federal PASPA law The conference would..
9 years ago

Lykke Cryptocurrency Exchange Now Includes Ethereum

Lykke, cryptocurrency exchange has integrated Ethereum and is available for trades through Lykke wallets Lykke exchange would enable the users to trade ether with all the other tokens and currencies Lykke is taking up the task and working on making Lykke an ERC20-token wallet by the end of the summer This wallet will be able to engage with all..
9 years ago

Pennsylvania House Passes Bill Approving Online Gaming

A bill was passed again in Pennsylvania House that would regulate online gaming on Wednesday night This was the second such attempt by the House where the bill was sent to Senate for review as the Senate had changed some language, which included raised tax rates While the tax rates for online poker revenue were 16%, the house-banked internet..
9 years ago

Largest Counterfeit Chips Scammer Gets Over 7 Years in Jail

Marina Bay Sands (MBS), Singapore was duped in what seems to be the largest counterfeit casino chip scam with S$1000 chips amounting to a total of S$1291 million loss through 1291 counterfeit chips Toh Hock Thiam, the man behind the act could easily pull it off along with what is believed with two other accomplices This incident where the..
9 years ago

Betfair Partners With The Drone Racing League to Bring Betting on Drone Racing

Proving the odds of old age that you can bet on anything The Drone Racing League(DRL) and Betfair have come into partnership This step was taken to cover the sports betting on the final race at Alexandra Palace in London of the Allianz World Championship circuit on June 13 The world’s finest first-person view pilots would be featured in..
9 years ago

BitCart Dashes up With Dash, Bids a Goodbye to Bitcoin

Ireland-based discount gift card platform, BitCart is now accepting Dash only and is no longer accepting Bitcoin because of the slow processing time, crippling the company’s ability to provide a 24-hour turnaround to customers The huge growing demand of the cryptocurrency is evidential from the decision of the company to accept Dash only..
9 years ago

Bad Actor Clause To Be Included in New York Online Poker Bill

A bill put forward by State Senator John Bonacic that could lead to the legalisation of online poker in New York State has been revised to include bad actors clause The bill has already been approved by the New York Senate Finance Committee and awaits full vote at the State Senate A decision to revise the bill adding the bad actor clause came..
9 years ago