Business & Financial
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.
Bet the Price of Bitcoin, Dogecoin, ETH
BetOnline has created crypto prop bets, setting over/under odds on where popular coins like Bitcoin, Ethereum and Dogecoin will be at the end of May and at the end of 2021.
Sports Betting Beat - May 20, 2021
BetAnySports maintenance issues ongoing for two weeks, Draftkings partners with 23XI Racing and Bubba Watson, LeoVegas enters sports betting arena and Louisiana Senate passes sports betting bill. Plus South Dakota's Deadwood amended sports betting rules being sent to the state Legislature’s Interim Rules Review Committee for approval with wagering anticipated in the city beginning July 1.
Am I Able to Bet on Sports From the State of Florida?
While lawmakers in Florida approved a new gambling compact that allows sports betting, the measure is likely to face legal and other obstacles, at least where it pertains to mobile sports wagering.
Bitcoin’s Hash Rate Has Fallen by Nearly 20% in Past Week
Plus Bitcoin claws back to US$42,000 following Wednesday's Crypto market meltdown, and Aron Russell on the importance of BSV having toolset and infrastructure richer than just JavaScript.
Bitcoin Hell Day: Continuing Coverage
Bitcoin’s dipped as low as $30,000 or more than 20% in the last 24 hours before rebounding to above $39,000. Gambling911.com continues to cover all the latest cryptocurrency news including CoinGeek's report that Tether claims only 2.94% in cash reserves, a far cry from their one time claim that every tether in circulation was backed by a matching U.S. dollar.
Florida OKs Sports Betting Operated by Seminole Tribe
The Seminole Tribe would be able to operate sports betting and add roulette and craps to its casinos and Florida would potentially receive $20 billion over the next 30 years, under an agreement the Legislature approved Wednesday.
2021 PGA Championship Free Pick: Webb Simpson Payout Odds
Mr. George is all over Webb Simpson to win this year's PGA Championship at 45-1 odds.
Cøbra Misses Deadline to Respond to Craig Wright’s IP Lawsuit
Wright, who says he is one of the original founders of Bitcoin, claims the Bitcoin.org site infringes his copyright over the world’s largest cryptocurrency.
Coinbase Down as Bitcoin Price Falls 20%
Gamblers advised to hold off making withdrawals via Bitcoin until price of cryptocurrency stabilizes as to not lose value during transfer period.
Bitcoin Slides Below $40,000 After China's New Crypto Ban
The cryptocurrency has tumbled 40 per cent from a record high of $64,895 hit on April 14. It is also heading for its first monthly decline since November 2018.
What is a Flippening as They Pertain to the Digital Currencies?
Flippening is when other cryptocurrencies begin to overtake Bitcoin with an illustration of this concept being that BSV will soon have a larger total blockchain size than BTC for the first time since the original split of Bitcoin.
Baltimore Ravens Name BetMGM as First Official Gaming Partner
The Baltimore Ravens and BetMGM, a leading sports betting and digital gaming company, announced today a multi-year partnership with BetMGM becoming the Ravens’ first Official Gaming Partner. The parties will collaborate to create cobranded promotions for Ravens fans. BetMGM branded signage will be present throughout M&T Bank Stadium, digital media, and integrated social media content.
900 New Jobs Coming to Atlanta With FanDuel Setting Up Office
Georgia lawmakers may have shot down efforts to legalize sports betting in the Peachtree State, but that won't stop FanDuel from setting up shop there.
Behind Adam Back and Blockstream’s Attempts to Constrain Bitcoin
Steven Stradbrooke of CoinGeek.com writes that Blockstream CEO Adam Back has engaged in ongoing "efforts to strangle Bitcoin in its cradle", citing Blockstream's "financial incentive to artificially constrain Bitcoin’s capacity to handle transactions. Stradbrooke notes that "otherwise there would be no need for Blockstream’s proprietary off-ramps".
Buyers Beware as "Altcoin" Frenzy Bruises Bitcoin
Bitcoin’s smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its heels, most have little use beyond financial trading - but few of the investors fuelling their rise seem bothered.
Sports Betting Beat: Pros and Cons of Expanded Gambling in Florida
Lawmakers in the state of Florida are pushing for gambling expansion while the powerful Seminoles look to boost their dominance with legalized sports betting in the state.
Internet Gambling Still Strong in NJ Even With Casinos Open
Internet gambling continued its strong performance in New Jersey in April, even with Atlantic City’s nine casinos open for business again, and patrons returning to try their luck in person.
What The Hell Is Going On With Draftkings Stock Price?
Plus another tribe enters into agreement with Washington State to offer sports betting at its casinos.
Bitcoin Slips Below $50k After Musk Says Tesla Won’t Take It
The price of bitcoin fell below $50,000 Thursday morning after Tesla CEO Elon Musk tweeted a day earlier that the electric car maker would stop accepting the digital currency as payment for its vehicles.
Sports Betting Beat : US Handle Hits $4.6 Million
March saw $4.6 billion in betting handle in a single month for the legalized US market. Many sportsbook Pay Per Head operators are reporting significant increases in sports betting activity for March as well.
