Business & Financial

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.

Submitted by Alejandro Botticelli on, Jul/29/2021

What is Micro Betting When It Comes to Sporting Events?

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.

Submitted by Aaron Goldstein on, Jul/28/2021

How Does a Bookie Make Money

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. 

Submitted by Aaron Goldstein on, Jul/28/2021

Football Legend Marshawn Lynch Named BetMGM Brand Ambassador

Football Legend Marshawn Lynch Named BetMGM Brand Ambassador

“Beast Mode” partnership includes BetMGM promotional opportunities, fan events, and more.

Submitted by Press Release on, Jul/28/2021

The Crypto Beat - July 28, 2021: Bitcoin Crosses Over $40K Again

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. 

Submitted by C Costigan on, Jul/28/2021

USA Today Drops Bovada Odds in Favor of US State Licensed Tipico Sportsbook

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.

Submitted by Gilbert Horowitz on, Jul/27/2021

Bloomberg: DOJ Probing Tether of Bank Fraud

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.

Submitted by Aaron Goldstein on, Jul/26/2021

BlockFi Ordered to Cease and Desist in NJ

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.

Submitted by C Costigan on, Jul/26/2021

Gambling911 Gets First Interview With New 2+2 Poker Forum Owner

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.

Submitted by Thomas Somach on, Jul/26/2021

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.

Submitted by Jagajeet Chiba on, Jul/24/2021

Sports Betting Beat - July 24, 2021: Sports Betting Could Soon Be Allowed in Chicago

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.

Submitted by Gilbert Horowitz on, Jul/24/2021

Tether Execs Bat Away CNBC Questions on USDT’s Lack of Transparency

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.

Submitted by Aaron Goldstein on, Jul/23/2021

Find Online Sportsbook Sofware for Bookies

Find Online Sportsbook Sofware 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.

Submitted by Tyrone Black on, Jul/22/2021

Return of the Masks

Return of the Masks

Some Las Vegas resorts and casinos are again requiring employees to wear masks, a response to a recommendation issued by regional health officials amid rising COVID-19 case rates.

Submitted by Associated Press on, Jul/21/2021

CoinGeek New York Will Take Place at The Sheraton, Times Square (October 5-7, 2021)

CoinGeek New York Will Take Place at The Sheraton, Times Square

The eighth installment of the CoinGeek Conference series will take place at the Sheraton New York Times Square Hotel, October 5-7. The conference will allow over 2,000 people to the Times Square event!

Submitted by C Costigan on, Jul/21/2021

Popular TwoPlusTwo Forum Has Been Sold

Popular TwoPlusTwo Forum Has Been Sold

The popular but extremely outdated and mobile unfriendly TwoPlusTwo poker forum has sold for an undisclosed amount.  TwoPlusTwo is the oldest gambling posting forum on the Net today.

Submitted by Nagesh Rath on, Jul/20/2021

McAfee Broke, Spent Millions on Whacky Compounds

Plus The CoinGeek Pulse Episode 52: UN commission warns El Salvador on BTC, TikTok banks crypto promotions, and Satoshi Block Dojo’s quest for BSV ideas

Submitted by Aaron Goldstein on, Jul/19/2021

South Carolina Horse Study Committee May Discuss Gambling Too

Some legislators on a committee studying the economic impact of raising and racing horses in South Carolina say the group should also consider legalizing betting on horse racing.

Submitted by Associated Press on, Jul/18/2021

Three Important Features a Pay Per Head Should Offer

Three Important Features a Pay Per Head Should Offer

When selecting a Pay Per Head sportsbook software, there are three primary things to consider in addition to the required reporting, lines management and customer service component. 

Submitted by C Costigan on, Jul/18/2021

FanDuel Rolls Out Scientific Games’ OpenSportsTM Platform in Four More States

FanDuel Rolls Out Scientific Games’ OpenSportsTM Platform in Four More States

FanDuel Group is now live with Scientific Games’ OpenSports technology in 10 U.S. states after four more launches were successfully completed by the industry’s leading sports betting provider.

Submitted by Press Release on, Jul/15/2021

DraftKings Receives Daily Fantasy Sports License From Louisiana Gaming Control Board

DraftKings Inc. (Nasdaq: DKNG) today announced that it has received a DFS license from the Louisiana Gaming Control Board and its daily fantasy sports product will soon be live in approved parishes in Louisiana.

Submitted by Press Release on, Jul/15/2021

BSV Network Attacked: CoinGeek Explains What Happened

BSV Network Attacked: CoinGeek Explains What Happened

The BSV Network has come under attack in recent weeks, more specifically June 24, 2021 and then again on July 1, 6 and 9.  This is likely to become a trend targetting all blockchain networks and crypto sites.

Submitted by C Costigan on, Jul/15/2021

Mark Your Calendar for Gaming Americas Q3 Meetup, Happening End of August

 Mark Your Calendar for Gaming Americas Q3 Meetup, Happening End of August

Mark your calendar for Gaming Americas Q3 Meetup, happening at the end of August

Submitted by Press Release on, Jul/15/2021

Powell Says a Fed Digital Currency Could Undercut Need for Cryptocurrencies

Powell Says a Fed Digital Currency Could Undercut Need for Cryptocurrencies

Federal Reserve Chair Jerome Powell on Wednesday said one of the stronger arguments for the U.S. central bank to set up a digital currency is that it could undercut the need for private alternatives such as cryptocurrencies and stablecoins.

Submitted by Reuters on, Jul/14/2021

Indiana Betting Volume Down, Revenue Climbs in June

Indiana Betting Volume Down, Revenue Climbs in June

Indiana's June 2021 sports betting handle was down 3.2% from $254.4 million to $246.3 million while revenues went up.

Submitted by Gilbert Horowitz on, Jul/14/2021

Sports Betting Beat - These Are The Companies Pumping Money Into Florida Sports Betting Effort

Most with skin in the game have accepted that legalized sports betting won't come into fruition without a voter referendum and there are a few big players pumping money into the Sunshine State, some with conflicting interests it appears.

Submitted by Gilbert Horowitz on, Jul/13/2021

Ethereum’s Virgil Griffith Violates Bail

Ethereum’s Virgil Griffith Violates Bail

Plus BSV a boon for advertising and affiliate marketing

Submitted by Aaron Goldstein on, Jul/12/2021

Wallach Calls Out NCAA Hypocrisy When it Comes to Studen Athletes and Sports Betting Endorsements

Wallach Calls Out NCAA Hypocrisy When it Comes to Studen Athletes and Sports Betting Endorsements

Last month, the US Supreme Court ruled that the NCAA cannot limit education-related benefits — like computers and paid internships — that colleges can offer their sports stars.

Submitted by Jagajeet Chiba on, Jul/12/2021

Welcome to Sports Betting in Montana: Cramped, Crying Babies, Hard to Find Kiosks

Welcome to Sports Betting in Montana: Cramped, Crying Babies, Hard to Find Kiosks

Plus Dave Mason of BetOnline confirms his company had its best action for a UFC fight in its 22 plus years in business.

Submitted by Jagajeet Chiba on, Jul/12/2021

Pay Per Head Things You Should Know Before You Start

Pay Per Head Things You Should Know Before You Start

Being a part of the sports betting business will bring you lots of excitement. This is one of the most profitable industries in the whole world, and you can now be a part of it, run your own sportsbook and make your own money, all with the best advice and support, something that only a good Price per Head partner can guarantee.

Submitted by C Costigan on, Jul/11/2021

Breaking News

Gamblers Yell “Roll Tide” for 2021 College Football National Title

Gamblers Yell “Roll Tide” for 2021 College Football National Title

The Alabama Death Star has won six national championships under head coach Nick Saban.  Further, the Crimson Tide has made the College Football Playoff in five of its first seven years.

CFL Commissioner Ambrosie Embraces Canadian Legalization Of Single Sports Betting

CFL Commissioner Ambrosie Embraces Canadian Legalization Of Single Sports Betting

The Canadian Senate gave the stamp of approval to Bill C-218 on Tuesday. Also known as the Safe and Regulated Sports Betting Act, it is a Private Member's bill that was introduced into the House of Commons by Conservative Kevin Waugh, a Member of Parliament for Saskatoon-Grasswood.  

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.