Business & Financial

Australia Gets Tough on Digital Currency Taxes; CoinGeek Zurich Kicks Off June 8

Australia Gets Tough on Digital Currency Taxes; CoinGeek Zurich Kicks Off June 8

The Australian Taxation Office (ATO) has issued a warning to investors that digital currency profits are not tax-free. According to the ATO, more than 600,000 Aussies have invested in digital currency recently, prompting a significant concern that people might not declare their assets while filing tax returns.

Submitted by Aaron Goldstein on, Jun/05/2021

The Crypto Beat - June 3, 2021

The Crypto Beat - June 3, 2021

Dogecoin now on Coinbase and 3 Israeli ICOs that raised $250M were scams claim ex-employees in lawsuit

Submitted by Aaron Goldstein on, Jun/03/2021

Dr. Craig S. Wright | The Bitcoin Bridge

In this episode, The Bitcoin Bridge speaks to the man—Dr. Craig Wright—who advocates for the "global ledger of truth" about the nature of truth itself, and whether we can never really guarantee we'll find it.

Submitted by C Costigan on, Jun/02/2021

Sports Betting Beat - June 1, 2021

Sports Betting Beat - June 1, 2021

Sports betting officially allowed in Maryland, Rhode Island sports bettors are really bad and sports betting will be on California ballot.

Submitted by C Costigan on, Jun/01/2021

Tips on How to Run a Successful Bookie Business

Tips on How to Run a Successful Bookie Business

Running an online bookie business is simple, providing you have the right tools and support to do so.

Submitted by Aaron Goldstein on, May/31/2021

California Man Gets 2 years in Prison for Laundering Bitcoin

California Man Gets 2 years in Prison for Laundering Bitcoin

A Southern California man who pleaded guilty to illegally operating kiosks where customers could buy Bitcoin with cash, or sell Bitcoin in exchange for cash has been sentenced to two years in federal prison.

Submitted by Associated Press on, May/31/2021

SEC Sues Cryptocurrency Promoters Over $2 billion Scheme

SEC Sues Cryptocurrency Promoters Over $2 billion Scheme

Federal regulators have accused a group of people of promoting a securities offering tied to digital currency that raised over $2 billion from retail investors without being properly registered.

Submitted by Associated Press on, May/31/2021

Bitgame Unveils All New Website -Blockchain-Powered Sports Betting Platform

Bitgame Unveils All New Website -Blockchain-Powered Sports Betting Platform

The blockchain industry continues to expand as innovative teams are increasingly exploring new ways in which to integrate the revolutionary technology into traditional businesses. With over 10 years of experience in online sports betting, Bitgame are the industry leaders in merging blockchain-secured cryptocurrency with sports betting to create a seamless and rewarding user experience.

Submitted by Press Release on, May/28/2021

Sports Betting Beat - May 28, 2021

Sports Betting Beat - May 28, 2021

California gets another shot at sports betting, Connecticut Governor makes signs bill legalizing sports gambling, Maine shoots down some bills.

Submitted by C Costigan on, May/28/2021

Nevada Casino Winnings Top $1B in April as Tourists Return

Nevada Casino Winnings Top $1B in April as Tourists Return

For the second month in a row, casinos in Nevada reported $1 billion in house winnings in April, showing signs that tourism is returning to pre-pandemic levels faster than some experts expected.

Submitted by Associated Press on, May/27/2021

Hasing It Out: Gaming Expert Talks Blockchain as the Perfect Technology for Regulatory Compliance

 Hasing It Out: Gaming Expert Talks Blockchain as the Perfect Technology for Regulatory Compliance

Stefan Matthews, the Executive Chairman and CEO of TAAL, discusses his twenty years of experience in gaming and working with BSV blockchain technology.

Submitted by C Costigan on, May/27/2021

Bovada Exits New York Market Again

Bovada Exits New York Market Again

With New York State expected to begin allowing legalized sports betting some time in the early part of 2022, Bovada has opted to leave the market for a second time.

Submitted by Gilbert Horowitz on, May/26/2021

The Crypto Beat - May 26, 2021

The Crypto Beat - May 26, 2021

Bitcoin no longer ‘fringe asset’ as study finds that stock-market volatility rises after crypto’s ‘extreme’ moves, Canadian Regulator Alleges crypto asset exchange Poloniex Not Complying With Securities Laws, and Russian lawmakers suggest crypto ban could be lifted in country.

Submitted by Aaron Goldstein on, May/26/2021

Colorado Confirms April Decline to Close Successful First Year of Sports Betting

Colorado Confirms April Decline to Close Successful First Year of Sports Betting

Colorado officials confirmed Tuesday that sports betting volume dropped in April, a product of seasonal pressures that will likely slow the state's sportsbooks until football season, according to PlayColorado. But as sports betting in the state turned 1, a modest decline hardly dampens the outlook for a state poised for more growth in Year 2.

Submitted by Press Release on, May/26/2021

Sports Betting Beat - May 26, 2021

Sports Betting Beat - May 26, 2021

William Hill on Wednesday became the first retail sportsbook at a U.S. sports venue as the betting site opened at Capital One in D.C..  Plus Connecticut sports betting bill heads to Governor's desk following passage in Senate, Florida Governor signs bill that would allow for mobile sports wagering statewide if approved by the Feds and barring any lawsuits.

Submitted by C Costigan on, May/26/2021

FanDuel Partners With Associated Press

FanDuel Partners With Associated Press

The Associated Press has found a reliable revenue stream courtesy of sports bettors.  On Tuesday it was revealed that the AP cut a deal to make FanDuel its exclusive provider of sports odds across AP’s global sports reports.

Submitted by Gilbert Horowitz on, May/25/2021

What Real Money Online Poker Sites Can I Play On From California?

What Real Money Online Poker Sites Can I Play On From California?

Americas Cardroom is one of the leading real money online poker sites in the world and available to those living in California.  They feature regular multi-million dollar tournaments and a generous welcome bonus (max bonus up to $2000).

Submitted by Ace King on, May/25/2021

The Crypto Beat - May 25, 2021

The Crypto Beat - May 25, 2021

New chief of the Office of the Comptroller of the Currency (OCC) calls for a review of the cryptocurrency guidance issued by the regulator under his predecessor.  Plus JPMorgan says the recent cryptocurrency plunge and shift into riskier altcoin bets looks a lot like the 2017 collapse.

Submitted by Aaron Goldstein on, May/25/2021

CNBC: Bitcoin Traders Using Up to 100-to-1 Leverage Are Driving Wild Swings

CNBC: Bitcoin Traders Using Up to 100-to-1 Leverage Are Driving Wild Swings

CNBC on Tuesday attempted to dissect what is going on with the wild cryptocurrency price swings.  Nearly all have been affected, including the Mother of All Coins Bitcoin.

Submitted by Aaron Goldstein on, May/25/2021

Can I Bet on Draftkings Sportsbook App From Massachusetts?

Can I Bet on Draftkings Sportsbook App From Massachusetts?

You will not be able to bet using the Draftkings sportsbook app from Massachusetts.  MA residents can, however, set up their sports betting account via the app and place wagers when in New Jersey ONLY.  International websites are also accessible from Mass.

Submitted by Don Shapiro on, May/25/2021

Can I Play on PokerStars From Alaska

Can I Play on PokerStars From Alaska

Though real money play on PokerStars is not available in the state of Alaska, sites like Americas Cardroom are accessible for real money and offer a generous welcome bonus with a maximum of $1000.

Submitted by Ace King on, May/25/2021

US Judge: Saipan Casino Builder Must Pay 7 Ex-Workers $5.4M

US Judge: Saipan Casino Builder Must Pay 7 Ex-Workers $5.4M

A judge on the U.S. Pacific island of Saipan on Monday ordered a Hong Kong company to pay seven Chinese construction workers a total of $5.4 million for forcing them to work long hours in dangerous conditions to build a casino, while they were denied medical care for injuries and threatened with deportation and death.

Submitted by Associated Press on, May/25/2021

Atlantic City Casinos Just Made 3x More Money Than They Did in First Quarter of 2020

Atlantic City Casinos Just Made 3x More Money Than They Did in First Quarter of 2020

The Atlantic City casinos’ gross operating profit soared in the first quarter of this year to more than $95 million, more than three times the amount they earned in the first quarter of 2020, when the COVID-19 shutdown wiped out half of March.

Submitted by Associated Press on, May/25/2021

Sports Betting Beat - May 25, 2021

Sports Betting Beat - May 25, 2021

FanDuel's IPO quest looks challenging as parent company seeks to leave Fox Bet out of deal, Canadian PM estimates sports betting measure has until end of June to be approved or it will likely die.  Plus fantasy players in Connecticut to get the shaft this summer.

Submitted by C Costigan on, May/25/2021

Feds OK Arizona Compact and Sports Betting Deal

Feds OK Arizona Compact and Sports Betting Deal

Gambling on sporting events and online fantasy sports betting became legal in Arizona on Monday, along with a host of new gambling options at tribal casinos, after the U.S. Department of the Interior approved an updated tribal gaming compact with the state.

Submitted by Associated Press on, May/24/2021

Bitcoin SV the Most Energy Efficient of the Blockchains

Bitcoin SV the Most Energy Efficient of the Blockchains

BTC’s significantly smaller block size makes it inherently less efficient than Bitcoin SV. Plus, One River Files To Offer Carbon Neutral Bitcoin ETF

Submitted by Aaron Goldstein on, May/24/2021

Cryptocurrencies Punch Back After Sunday Sell-Off

Cryptocurrencies Punch Back After Sunday Sell-Off

Cryptocurrencies fought back on Monday, retaking ground lost during a bout of weekend selling that was fuelled by further signs of a Chinese crackdown on the emerging sector.

Submitted by Reuters on, May/24/2021

Sports Betting Beat - May 23, 2021

Sports Betting Beat - May 23, 2021

BetMGM pays out nearly $300,000 to ESPN host on NFL Draft prop it was revealed this week.  In-house live betting at BetAnySports may not be returning, one gambler reports. 

Submitted by C Costigan on, May/23/2021

The Crypto Beat - May 23

Bug could have taken entire Ethereum network down and Musk reiterates he won't be selling any of his Dogecoin as cryptocurrency prices continue to crash.

Submitted by Aaron Goldstein on, May/23/2021

Bitcoin Falls 11.3%, Ether Down 16.6% Sunday

Bitcoin Falls 11.3%, Ether Down 16.6% Sunday

Bitcoin dipped 11.33% to $33,250 at 16:00 GMT on Sunday, losing $4,248.98 from its previous close.

Submitted by Reuters on, May/23/2021

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