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March Madness Wagering Might Reach $10.4 Billion

March Madness in the USA is a period associated with unparalleled levels of gambling activity This year’s edition started on Tuesday, and according to estimates by the American Gaming Association (AGA), around $104 billion will be wagared during the three weeks of the fever The figure shows an increase of $12 billion as compared to last..
9 years ago

Illinois Counts on New Casino Fees to Support State Budget

In an attempt to fill a gap in the state budget, Illinois legislators have come up with a proposal for six new casinos in the area According to expectations, these establishments could generate $1 billion in license fees The state charges $100,000 for setting up a casino, plus $30,000 for each slot machine or seat at a blackjack table However,..
9 years ago

Bitcoin Miners Torn on How to Solve Blockchain Congestion Problem

The problem has surfaced amidst a growing push to increase the value of the virtual currency against the US dollar Currently, the backlog of the blockchain has reached unprecedented heights and users are paying huge amounts to speed up the transaction verification process A solution named Bitcoin Unlimited is on the horizon but its effectiveness..
9 years ago

US Attorney Who Defended NJ Sports Betting Case Resigns

The state of New Jersey has long been fighting to get federal clearance to offer Las Vegas-style sports betting throughout its racetracks and Atlantic City casinos In essence, state lawmakers are aiming at contesting the Professional and Amateur Sports Protection Act of 1992 (known as PASPA) which criminalizes sports betting across 46 states At..
9 years ago

Player from Wrexham Qualifies to Represent UK in Las Vegas

A poker player from Wrexham qualified to travel to Las Vegas in order to represent his home country Great Britain in a grand tournament The award came to Dafydd Jacob after he triumphed in a major championship in Coventry Next to winning the dream trip, Dafydd was also crowned Number One in this year’s Nuts Poker League Finale held last..
9 years ago

Fixed-Odds Betting Terminals Allegedly Cause Losses of Over £10,000

Seven gamblers who played on allegedly compromised fixed-odds betting terminals (FOBTs) in the course of 10 months lost over £10,000 per day, according to the GambleAware charity The investigation made use of data from betting sessions and revealed that 3% of all those involved at least one bet of £100 (the highest possible wager that..
9 years ago

Norway Demands that Drug Dealers Cover Penalties in Bitcoin

Bitcoin has a reputation of being the preferred means of payment in criminal circles but at the same time the cryptocurrency system allows offenders to be tracked down and get caught fairly easily A novel application of Bitcoin has recently been promoted by Norway where prosecutors are demanding that three convicts charged with online and Silk..
9 years ago

Rumors Over $1.2 Billion Chinese Claim on Queensland Casino

A Chinese state-owned company that is investing in a casino mega-complex on the Southport Spit has threatened $12 billion legal action if the project does not gain approval by Queensland authorities China State Construction Engineering Corporation is set to build a $3 billion casino resort with five high-rise towers between Sea World and Palazzo..
9 years ago

Slot Machines Prohibited at Jacksonville Poker Room by Florida Authorities

Legal issues have hindered Jacksonville Poker Room from placing gaming machines at its premises, according to local media reports Florida authorities have rejected the operator’s request despite a positive referendum outcome Residents of Duval County voted in favor of installing slot machines at the facility in a referendum in November..
9 years ago

Barry Silbert to Launch Ethereum Classic Trust

Ethereum Classic is a cryptocurrency fund born out of the hard fork that is expected to be launched by blockchain investor Barry Silbert until the end of March The project is said to resemble the existing Bitcoin Investment Trust in structure but will be exclusively based on Ethereum Classic tokens In addition, only investors meeting particular..
9 years ago

GVC Holdings and Leap Gaming Continue Collaboration Regarding Virtual Sports

International sports betting and gambling company GVC Holdings has announced that it is going to continue partnering with Leap Gaming Thus, the company’s leading brands partycasino and bwin will keep offering Leap Gaming’s fantasy sports content Further to the agreement, the scheduled racing events by Leap Gaming will also feature on..
9 years ago

South Korea Paradise City Casino Complex to Open in April

According to a press release by Japanese pachinko operator Sega Sammy Holdings, the first stage of the Paradise City casino resort in South Korea will open to foreigners on 20 April The company has formed a joint venture with gaming operator Paradise Co Ltd to carry out this project The 333,000-square-foot complex will be based at Incheon, with..
9 years ago

Aaron Sorkin’s Poker Film Completes Production

Film website IMDB has announced that Aaron Sorkin’s poker movie Molly’s Game has entered post-production phase Sorkin makes his debut as a director with the title which began filming last year The star-studded cast boasts Jessica Chastain, Idris Elba, Kevin Costner and Michael Cera Chastain stars Molly Bloom, aka the “poker..
9 years ago

Another Four Cryptocurrency Exchanges Add Chronobank’s TIME

It has been revealed that TIME – the Ethereum token with a stake in ChronoBank – will be utilized by several new exchanges According to CoinMarketCap, most of TIME’s volume is currently exploited by Livecoin, an exchange registered in London that began work in 2015 Another marketplace making use of ChronoBank’s token is..
9 years ago

Michigan Gets Closer to Online Poker Bill

The state of Michigan has made progress with online gambling legislation as a bill to legalize iGaming was passed Wednesday in the Senate’s Regulatory Reform Committee by a 7-1 vote Although the same happened with last year’s proposal, it could not make it further in the legislature The only states in the country where online..
9 years ago

Intralot and Amelco Launch Joint Omni-Channel Sportsbook Solutions

Greek lottery and gaming operator Intralot has announced a partnership with UK-licensed sports betting technology provider Amelco The deal is to yield several omni-channel sports betting solutions that will help Intralot meet current player demand In addition, the integration of Amelco’s ATS platform with Intralot’s WLA-approved..
9 years ago

Nova Scotia Halifax Casino to Offer Off-Track Horse Race Betting

Casino Nova Scotia Halifax has confirmed information that it will include off-track betting on horse racing in its services Next to expanding its portfolio, the Great Canadian Gaming-owned establishment is also getting ready for a $2-million renovation planned for this summer The horse racing betting feature Casino Nova Scotia is planning to..
9 years ago

Partouche Joins Forces with BetConstruct for French Sports Betting Services

French casino operator Partouche Group (Partouche) has announced its partnership with fantasy sports developer BetConstruct The agreement entails the re-launch of Partouche’s online sports betting services using the technology provider’s white label sportsbook software Essentially, the solution will be tailor-made to address the..
9 years ago

Newest Kansas Casino Opens in April

A new gambling parlor in Pittsburg, Kansas, is preparing for a grand opening ceremony on 8 April The $80-million Kansas Crossing Casino & Hotel is going to be the newest gaming facility in the state, and owners are hoping to attract huge crowds of players for the kick-off night The first day of operation of the establishment will welcome..
9 years ago

GameCredits Promote Blockchain in Gaming Through Free API

Innovative gaming operator GameCredits has celebrated the advent of cryptocurrency in-game payments on its proprietary platform The company has just announced the launch of its free API that will make digital currency purchases of in-game items possible, and hopefully, turn that into a common trend According to GameCredits VP of Business..
9 years ago