Business & Financial
Moneymaker Among the Early 2021 WSOP Casualities
The Americas Cardroom ambassador has a 9-year-old son with asthma that is unable to get the vaccine at this time.
Feds Approve Sports Betting in Florida....But Not So Fast....
Delivering a major victory to Gov. Ron DeSantis and the Seminole Tribe, President Joe Biden’s administration has allowed to go into effect a 30-year gambling deal that gives the tribe control of
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What's a Good Pay Per Head Sportsbook Software For San Antonio Area Bookies
San Antonio is known for their NBA franchise, the Spurs, but college football and the Dallas Cowboys have their fair share of fans. Bookies operating here can find a Pay Per Head that caters specifically to the needs of San Antonio gamblers.
Mayor Lightfoot Announces Deadline Extension for RFP Submissions for Future Chicago Casino
Today, Mayor Lori E. Lightfoot announced the City of Chicago has extended the deadline to respond to the casino Request for Proposal (RFP) to Friday, October 29. This extension gives potential bidders more time to fully assess the Chicago casino opportunity; conduct additional due diligence; assemble more competitive bid packages; and explore financing opportunities.
Multi-Million Dollar CoinGeek Crime Bounty Program Launches
Plus a new digital asset bill introduced in US would require regulators to define DeFi rules, Saudi Aramco— Saudi's biggest oil exporter, denied its alleged involvement in #BTC mining activities in an official statement and BSV blockchain has set a new world record for the largest daily average block size on a Bitcoin network.
Ethereum Software Upgrade Activated; Ether Reverses Losses, Trades Up
Ethereum, the second-largest blockchain network, went through a major software upgrade on Thursday, which is expected to stabilize transaction fees and reduce supply of the ether token.
California Fintech, Founders Settle SEC Crypto Fraud Claims
The SEC said in filings in Los Angeles federal court on Wednesday that Uulala Inc and founders Oscar Garcia and Matthew Loughran raised $9 million from investors between 2017 and 2019 through an unregistered initial coin offering.
Bitcoin Ecosystem Rallies to Repel Doomed Re-Org Attacks
The attacks work like this: a miner accumulates hash power and creates a chain of competing BSV blocks in secret, which contain transactions written to benefit the attacker, such as by double-spending BSV by appearing to deposit it into an exchange wallet.
US Judge Revives Class-Action Claim in Wynn Resorts Lawsuit
A federal judge in Nevada has revived elements of a securities fraud lawsuit seeking class-action status for allegations that executives at Wynn Resorts Ltd. knew about, but disregarded, reports of sexual harassment and misconduct against company founder Steve Wynn.
Macao Orders Closure of Entertainment Venues, Mass Testing
Macao authorities on Wednesday ordered the closure of entertainment venues but not casinos, and coronavirus tests for its 600,000 residents, after the gambling city confirmed four new infections.
What is the Worst Online Horse Racing Affiliate Program?
As big as they are and the type of presence during major horse races such as the Kentucky Derby, noted horse racing expert Michael Dempsey slammed TwinSpires for what he claims is "the absolute worst (affiliate program) I have ever dealt with".
Casino Owner Donating Site for Las Vegas Shooting Memorial
The casino company that owns the former Las Vegas Strip concert venue that in 2017 became the site of the deadliest mass shooting in modern American history said Monday it is donating part of the property for a permanent memorial.
Bookmaking 101: How Pay Per Head Bookie Services Work for You
Given today’s advanced environment of modern technology and sophisticated software solutions, a bookie can no longer operate without utilizing some type of mechnical device whether it's a smart phone or laptop computer. Can you imagine the world today without smartphones?
CoinGeek is Coming to the Big Apple
The eighth installment of the CoinGeek Conference series will take place at the Sheraton New York Times Square Hotel, October 5-7.
What is Pay Per Head?
Pay per head (PPH) entails exchanging casino, sportsbook, and software for bookies for a weekly or monthly commission for each active player on your site. Many bookies hire PPH agents to manage key gambling operations.
How to Become an Online Bookie Nowadays
If you have always wanted to be a part of the sports betting business, then this is your lucky day because we're about to make your dreams come true. Being an online bookie is now easier than it has ever been, cheaper and safer in every way.
Nevada Casinos See Robust June Ahead of New Mask Mandates
Nevada casinos rode a robust economic rebound from coronavirus restrictions in June, taking in more than $1 billion in winnings for the fourth straight month and nearly reaching the all-time record set a month earlier, state regulators reported Thursday.
Find Online Sportsbook Software for Bookies
Modern bookies understand the importance of using the best online sportsbook software when it comes to turning a profit. Before committing to a specific gambling platform, one should consider what needs to be included.
What Do Broken Down McDonald's Milkshake Machines Have to Do With a Bitcoin Mastercard Conspiracy?
If franchisees want to switch solutions, the only option that the parent corporation allows is to switch to a software “upgrade” called “Powerhouse Dynamics,” which is owned by the parent company of Taylor, so you can't really escape the system. Enter Mastercard's similar setup with Bitcoin.
What is Micro Betting When It Comes to Sporting Events?
“With a micro bet, you can bet on every pitch and at-bat in baseball, every drive in an NFL game—every betting opportunity that happens while the game’s in play,” said Chris Bevilacqua, CEO of Simplebet. Plus DC rolls out sports betting kiosks in bars and SBC announces Book With Confidence plan as in-person events return.
How Does a Bookie Make Money
Bookies make money on the vig, a built-in commission that is short for the word "vigorish" and is sometimes referred to as "juice". This is generally a 10% cut, but that percentage could be much higher.
Football Legend Marshawn Lynch Named BetMGM Brand Ambassador
“Beast Mode” partnership includes BetMGM promotional opportunities, fan events, and more.
The Crypto Beat - July 28, 2021: Bitcoin Crosses Over $40K Again
Plus EU’s ban on anonymous digital currency transfers—a deep dive....cryptocurrency won't be so anonymous any more.
USA Today Drops Bovada Odds in Favor of US State Licensed Tipico Sportsbook
Gannett, owner of the USA Today newspaper, has inked an exclusive deal with New Jersey-licensed Tipico Sportsbook. And one popular offshore sportsbook will be getting the heave-ho as a result.
Bloomberg: DOJ Probing Tether of Bank Fraud
A U.S. probe into Tether, a digital token widely used to trade Bitcoin, is looking into whether executives behind the digital token committed bank fraud, a potential criminal case that would have broad implications for the cryptocurrency market, according to a report filed by Bloomberg News Monday morning.
BlockFi Ordered to Cease and Desist in NJ
The New Jersey Bureau of Securities has ordered financial services platform BlockFi to stop accepting and offering customers of interest-bearing accounts.
Gambling911 Gets First Interview With New 2+2 Poker Forum Owner
Andrii Plakhotnyi is a Russian-born software engineer and professional online poker player who founded the Canadian poker software company Hand2Note.
Feds Raid Home of Offshore Sportsbook Owner, Husband of Costa Rica Super Model
Gary Austin ran tout services, sportsbooks in Costa Rica, before that, Vegas.
Sports Betting Beat - July 24, 2021: Sports Betting Could Soon Be Allowed in Chicago
While it's true that Illinois has legalized sports betting, the state's largest city (3nd biggest in the US), Chicago, has forbidden firms from taking bets there. That could all change....though probably not until after the 2021 NFL season.
Tether Execs Bat Away CNBC Questions on USDT’s Lack of Transparency
CNBC TechCheck’s Deirdre Bosa chatted with Tether’s CTO Paolo Ardoino and General Counsel Stuart Hoegner about the company role in crypto and the future of stablecoins. It didn't exactly go over very well, as noted by Steven Stradbrooke of CoinGeek.com.
