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ViaBTC Closes CNY20 Million Series A Funding from Bitmain

It has been revealed that Chinese mining pool ViaBTC has put an end to series A funding of 20 million CNY from Bitmain and other investors Bitmain is one of the primary manufacturers of bitcoin mining hardware ViaBTC elaborated on the way it would be using the funds raised To this end, the company is planning to launch a global cryptocurrency..
9 years ago

Montreign Casino Changes Name to Resorts World

The Montreign Resort Casino is going to be rebranded as Resorts World, according to a press release by owner Empire Resorts The deal concluded between Empire subsidiary Montreign Operating Company, LLC, and RW Services Pte Ltd entails the use of several Genting and Resorts World trademarks for Montreign’s casino There is also a new project..
9 years ago

Cryptocurrency SibCoin Introduced on Chinese Market

Dash-forked digital currency SibCoin is ready to penetrate the Chinese market after gaining prominence in Siberia The cryptocurrency has successfully consolidated its positions among the Russian virtual currency community and is looking out to expand into new markets SibCoin was created in 2015 by utilizing encryption algorithms above the basics..
9 years ago

Regulatory Changes Spur 32Red’s Exodus from Australia

The Australian government is currently modifying its online gaming regulatory regime, which has caused a number of foreign operators to leave the market The first ones to suspend their services on the territory of Australia were Vera&John as well as 888 Holdings, and now 32Red is following suit 32Red ran an online sportsbook, casino and poker..
9 years ago

Aimhigh Global Becomes Management Rights Holder in Sports Betting Company

Aimhigh Global Co has become the largest shareholder of the sports betting company Spolive, and has thus received the management rights Spolive is a social sports betting platform that provides services over the Facebook and Kakao Talk networks The idea behind it is to offer a blend between social casino games and social sports betting The..
9 years ago

Poker Central to Partner with NBC Sports

Poker Central was set up in 2015 as an exclusive poker television channel The person behind the initiative was Cary Katz, a famous poker pro with a background of over $94 million in career prize money Owing to financial difficulties, Poker Central almost closed down at the end of 2016 Luckily, a recent partnership with NBC Sports Network, which..
9 years ago

Hard Rock International Discloses Plans for Former Trump Taj Mahal Reconstruction

It was revealed Wednesday that the sale of the former Trump Taj Mahal casino had been finalized New owner Hard Rock International is planning to renovate the property to offer hotel and casino facilities No figures related to the purchase have been announced but it is estimated the renovation and the deal altogether would amount to around $300..
9 years ago

Contagious to Restructure Its European Operations

Contagious Gaming is moving towards optimizing costs by restructuring its European business This was revealed in an official press release which elaborated on a share agreement annulment among Digitote Ltd, Digitote Software GmbH Deutschland, Gabriele Knicker, Guenter Boyks and Contagious By doing so, Contagious is seeking to develop its UK..
9 years ago

San Francisco Blockchain Collective Hosts Genesis Kick-Off Event

San Francisco Blockchain Collective is setting up Genesis, a social hub for entrepreneurs in the blockchain and digital currency realm The launching event will be held at Minna Gallery on April 14 Attendees will be members of the cryptocurrency community along with artists and musicians The aim of Genesis is to create a common platform for..
9 years ago

TaaS Sets Up Partnership with Digital Currency Exchanges Livecoin and Kuna

Closed-end blockchain fund TaaS is collaborating with the cryptocurrency exchanges Livecoin and Kuna to offer its tokens for trading as of April 28 TaaS is based on an Ethereum blockchain and uses Cryptographic Audit technology Through its partnership with Livecoin, TaaS will be traded with USD and BTC According to Livecoin CEO Svetlana Geller,..
9 years ago

Paddy Power Extends Partnership with Playtech; Developer to Supply More SSBTs

UK and Irish sports betting and casino operator Paddy Power continues its collaboration with leading gaming software provider Playtech The extended agreement will supply Paddy Power with a larger number of self-service betting terminals (SSBTs), which is what the operator needs to meet current market demand As a result of Paddy Power’s..
9 years ago

New York’s Oneida Nation Tribe to OpenNew Casino

The state of New York is going to expand its gambling service base as the Oneida Indian Nation is rolling out a massive casino project in the town of Sullivan in Madison County The value of the project located approximately 20 miles from downtown Syracuse is estimated to be in the region of $40-$50 million The tribe currently operates the..
9 years ago

185-Table California Poker Room Shut Down by Authorities

The Bicycle Hotel and Casino in Bell Gardens, California, was closed down by law enforcement officers on Tuesday morning The gambling establishment which features 185 poker tables was reportedly targeted by the authorities on allegations of suspected money laundering According to reports, the ICE’s Homeland Security Investigations..
9 years ago

Japan Sets Up Taskforce to ReduceNegative Impact of Gambling

A government task force to deal with the negative social consequences of gambling was set up by Japanese Prime Minister Shinzo Abe on Tuesday The working group will endeavor to establish comprehensive integrated resort regulations and effective measures to counter gambling addiction The expert panel presided by Abe and Chief Cabinet Secretary..
9 years ago

bwin Determined to Remain on Polish Market; Pursues License

It has been revealed that online betting brand bwin is seeking to obtain a license to operate on the Polish market Owned by multinational sports betting and gambling services provider GVC Holdings, bwin offers numerous iGaming products such as a sportsbook and casino and poker platforms Poland has recently adopted a new Gambling Act that raised..
9 years ago

Attic Lab Joins Forces with Polybius for Blockchain-Based Bank

Ukranian start-up Attic Lab, which has developed an open-source blockchain platform, is going to partner with the Polybius Foundation for setting up a new digital bank According to the Memorandum of Understanding, Polybius Bank will take advantage of the platform for its payment services The ambition of the financial institution is to become the..
9 years ago

Americas Cardroom Organizes Online Super Series Cub3d

Americas Cardroom is going to run an impressive three-part online tournament called the Online Super Series Cub3d which will feature a guaranteed prize pool of $57 million This is $12 million more than what was offered by ACR last year The series begins on April 9 and will continue until May 7 The separate stages of the tournament are as..
9 years ago

Winford’s Casino Hosts APT Poker Room Manila

The Asian Poker Tour (APT) is hosting the APT Poker Room Manila at the Winford Hotel and Casino The room features four APT tailor-made poker tables and will hold its grand opening on April 21 The inaugural event will be a two-day tournament with a US$4,000 guaranteed prize pool to feed into the APT Championships Philippines games According to..
9 years ago

Jimei International Terminates Casino Agreement

It has been revealed that Hong Kong-listed junket investor Jimei International Entertainment Group Ltd is not going to renew partnership with NagaCorp, Phnom Penh The contract’s duration lasted between May 2015 and January 2017 In addition, Jimei International terminated a framework agreement with two companies with regard to the..
9 years ago

Bancor Devises New Standard for Token Creation

In an effort to enhance cryptocurrency liquidity, Bancor has introduced the Bancor Protocol This is the newest standard for token creation based on blockchain smart contracts that ensures automatic price discovery and instant digital currency liquidity for low-volume tokens Essentially, the Bancor Protocol enables a token reserve through a fixed..
9 years ago