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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
$4.3B Casino Soon to Show its Hand
The Malaysia-based owner of one of the biggest casino projects ever on the Las Vegas Strip won regulatory approval last week to deal cards, roll dice and welcome gamblers when Resorts World Las Vegas opens June 24.
Sports Betting Beat - May 22, 2021
Washington State Republicans worry over sports betting beyond the Tribal casinos while Nebraska sends a mostly toothless bill to the Governor's desk for signing. No mobile and no Huskers! And guess who's back in business.
Connecticut House Approves Sports Betting Deal With Mashantucket Pequot, Mohegan Tribes
The state House of Representatives approved a long-awaited gambling agreement Thursday that Connecticut Gov. Ned Lamont reached in March with the state’s two federally recognized Native American tribes, moving the state closer to legalizing sports and online gambling.
Easy Way to Start a Bookie Business
When it comes to setting up a successful bookmaking business, you have to stop going this alone and seek out a fantastic pay per head.
Sports Betting Beat - May 21, 2021
Connecticut House of Representatives voted Thursday night to allow for the biggest expansion of gambling in state history by approving online sports betting and Internet casinos, though fantasy sites will get the boot for now. Plus the Jets and Ravens ink deal with Sports Radar.
The Crypto Beat - May 21
Bitcoin falls back below $40,000, MicroStrategy CEO on his outlook on crypto, Elon Musk's role in bitcoin's volatility and the BTC tribe slams his Dogecoin tweet.
