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China’s Central Bankto Further Tighten Bitcoin Regulations

The People’s Bank of China has moved on to introduce a more stringent regulatory regime for cryptocurrency exchange platforms in the country Bitcoin withdrawals from major cryptocurrency exchanges such as Huobi, OKCoin and BTCC have remained suspended despite the announcement they would have been re-enabled March 15 According to media..
9 years ago

Costs for New Boston Casino on the Rise

It has been reported that the enormous Las Vegas-style casino project in the Boston area will cost more than initial estimates Instead of the expected $21 billion, the Wynn Boston Harbor now needs an additional $300 million, according to an announcement the company made last month Wynn obtained a license for the casino in late 2014 and was..
9 years ago

Genting Successful Bidder for Omni Bus Terminal Redevelopment; Proposes Hotel on Site

Casino megaowner Genting has been given the go-ahead to build a 300-room hotel or another commercial structure depending on market conditions on the site of Miami-Dade’s Omni bus terminal The county commission’s transportation committee has backed up the proposal by a 90-year-lease contract for the public property There were no other..
9 years ago

Germany Approves Second State Betting Treaty Despite Objections by EC

Germany’s Bundestag has voted in favor of the Second Modified State Treaty on Gambling despite being aware of the European Commission’s reservations about the document The treaty foresees a “transitional arrangement” for bookies to offer online betting services and is a step towards enhancing Germany’s legal..
9 years ago

Zcash Establishes Non-Profit Foundation to Enhance Cryptocurrency Growth

Zcash has moved on to set up a non-profit foundation to boost the mass adoption of the cryptocurrency The organization will be in possession of 273,000 zcash valued at over $13 million as of the time of writing The network’s policy foresees that stakeholders receive 10% of the virtual currency’s mining rewards The foundation will..
9 years ago

Czech Town Prepares for World’s Largest Poker Tournament

According to a report in local media, the Rozvadov King’s Casino in west Bohemia will host the largest poker tournament outside Las Vegas this autumn The games will be part of the World Series of Poker The event is set to take place between October 19 and November 10, and the organizers look forward to attendance by over 20,000 players The..
9 years ago

Former Atlantic City Casino Turns Into Waterpark

The Atlantic Club Casino, which has not been operational since it was closed down by Caesars Entertainment, has a new owner that is planning to transform the property into a family-friendly waterpark R&R Development Group confirmed the purchase of what is going to become “Dolphin Village” on March 13 No information about the value..
9 years ago

Unocoin Collaborates with ShapeShift; Develops Bitcoin Conversion Feature

With virtual currency gaining increasing popularity in India, existing cryptocurrency platforms are competing to introduce new features Unocoin, one of the leading Bitcoin platforms in the country, has concluded a partnership deal with ShapeShift that will allow it to diversify its portfolio of cryptocurrencies on offer The platform’s new..
9 years ago

DSWV German Betting

The German Betting Association (DSWV) has objected to the latest version of the Gambling Treaty Amendment by filing an appeal to the government This is part of the continuous effort to improve sports betting regulations in Germany The changes to the State Treaty foresee the implementation of a quality approval system for sports betting operators..
9 years ago

Pennsylvania Once Again to Hold Online Poker Hearing

Pennsylvania and New York’s legislatures have entered a symbolic race against each other to legalize online gambling this year To this end, Pennsylvania’s lawmakers are meeting on March 28 to discuss allowing the state’s 12 casinos to offer i-gaming next to their land-based services The Parx Casino is the only opponent to..
9 years ago

Digital Currency Exchange Kraken Announces Trading in Melon Tokens

Following the public release of Melon tokens (MLN) at 11:00 AM UTC on March 15, the Kraken cryptocurrency exchange will offer MLN/XBT (melon-bitcoin) and MLN/ETH (melon-ether) for trading Melon is a blockchain-based protocol for a new type of hedge funds where the prospectus and investment parameters are enforced by smart contracts on Ethereum..
9 years ago

Missouri Casino Undertakes Rebranding Campaign

The St Jo Frontier Casino has begun a rebranding strategy process that will hopefully bring its revenues back on track This fiscal year’s figures show only 1% gain ($266 million), and on top of all, the Missouri Gaming Commission has reduced the total adjusted gross revenue forecast for the gaming establishment by $100,000 to $34..
9 years ago

Warren Buffet Skeptical About Legalizing US Sports Betting

Prominent American business magnate and investor Warren Buffet has given a lukewarm opinion on the potential of legalizing sports betting in the USA Buffet has acknowledged the rise in popularity of fantasy sports operators such as DraftKings and FanDuel, yet he remains skeptical about the sports betting industry in the country becoming..
9 years ago

BGCCC to Hold Poker Fundraiser

The Boys & Girls Clubs of Collin County (BGCCC) is organizing the Annual Charity Texas Hold’Em Poker Tournament for a sixth year in a row The event is scheduled for March 30 and will take place at Gleneagles Country Club BGCCC has local subsidiaries in Frisco, McKinney and Plano, encompassing a 3,000 youth membership base aged 5-18 The..
9 years ago

BCause Collaborates with Connamara for New Cryptocurrency Exchange

BCause LLC, a private exchange operator, has begun work on a platform for trading futures and options on cryptocurrencies in partnership with Connamara Systems LLC, a software engineering firm The new exchange will be based and regulated in the USA The existing BCause Trading Platform centers around trading via Call and Put Options, and makes it..
9 years ago

mybet Launches New Platform Next Week

mybet gaming and sports betting operator has revamped its IT platform which is going tobe launched March 21, according to an official press release by the company The new platform will feature an almost four times larger number of sports betting operations as well as diversified live bets and casino games The system will also become available for..
9 years ago

Casino Miami Offers $1 Million in April

On occasion of its five-year anniversary, there will be special games and promotions at Casino Miami, featuring a grand prize of $1 million The kiosk game which gives players a chance to become millionnaires is going to be based on a raffle planned for April 8 Casino Miami is one of three racetrack casinos within close distance of Miami..
9 years ago

Connecticut Attorney General Skeptical about Casino Legislation

Democrat Attorney General George Jepsen has expressed concerns over the legal ramifications of a new tribal casino in East Windsor According to him, there are substantial risks stemming from licensing the state’s first casino on non-tribal reservation land The General Assembly’s Public Safety and Security Committee will have to take a..
9 years ago

Lack of Regulation Allegedly Fuels Bitcoin Pyramid Schemes in India

According to reports in local media, the unregulated cryptocurrency market in India is creating conditions for the proliferation of “Bitcoin-based pyramid schemes” The trend relates to small-size traders who are exploiting the no-rule status quo in order to set up multi-level marketing schemes based on Bitcoin Zebpay co-founder and..
9 years ago

2017 Western New York Poker Challenge Kicks Off March 31

The Western New York Poker Challenge is to be held at the Seneca Gaming and Entertainment Poker Room in Niagara Falls between March 31 and April 10 The tournament will culminate in a $200,000 Main Event on April 7 There will be several prominent No Limit Hold’em events, along with a $300 NLH $100,000 guaranteed prize pool Players will also..
9 years ago