Business & Financial
No Smoking, Drinking or Eating as Atlantic City Casinos Open
Atlantic City tried Prohibition once before. It worked so well that Nucky Johnson, the legendary politician and racketeer, built a Boardwalk empire immortalized on HBO nearly a century later.
Bettors Exploit BetMGM Error, RHONJ Ex Hires Mobster to Attack Husband
Bettors in Las Vegas last weekend exploited a mistake by BetMGM and wagered on baseball games that had already started, thus giving them an incredibly strong chance to win tens of thousands of dollars.
Bettors Have Best Day Since Start of Pandemic, Pinnacle Enhances eSports Platform
Gamblers enjoyed a great weekend thanks to La Liga and Serie A soccer matches played on Sunday. Dave Mason of BetOnline said it was the best day for gamblers since the worldwide pandemic began.
'Sophisticated' Hacker Plunders $450,000 From Defi Protocol Balancer
In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens.
Motley Fool: Is DraftKings Insider Selling a Red Flag?
One of the hottest stocks of 2020, Motley Fool notes that DraftKings just sold 46 million shares to the public less than two months after its SPAC IPO.
BarStool Sports Founder Dave Portnoy Caught Up in Racial Row Ahead of App Launch
Jemele Hill, Contibuting writer for The Atlantic, has posted a video of Barstool Sports founder Dave Portnoy engaging in what she refers to as #ExposeBarStoolRacists.
Lobbyist Abramoff Charged in Cryptocurrency Fraud Case
Jack Abramoff, a once-powerful lobbyist who spent time in federal prison for fraud and corruption, has been charged in a San Francisco court in an investor fraud case involving cryptocurrency and lobbying disclosure, federal authorities announced Thursday.
Barstool Sportsbook Betting App to Launch in September
Barstool Sports is partnering with Penn National to release its sports betting app come September, and hopefully there will be sports to bet on.
New Zealand Seizes $90M From Russian Bitcoin Fraud Suspect
New Zealand police said Monday they have seized $90 million from Alexander Vinnik, a Russian bitcoin fraud suspect who is in French custody but is also wanted in the United States.
AC Casinos Opening for the 4th, Others Shutting Down Again
As Atlantic City casinos prepare to open for the Fourth of July weekend, some casinos that opened in recent weeks are having to shut down. AC casinos that have been shut down since March will now be able to operate at 25% capacity.
How Did Esports Become a Household Name in Gambling?
For the longest time, people have gambled on traditional sports such as boxing, football, and even darts. However, recent years have given rise to a different form of competition – Esports. Today, many gambling sites have expanded their coverage to Esports
Circa Resort & Casino to Open in Downtown Vegas Ahead of Schedule
Today, CEO and developer Derek Stevens announced his newest Downtown Las Vegas property, Circa Resort & Casino, will debut October 28, 2020.
Virtual Gaming, Is It Gaining Traction In America And Canada?
All major sports leagues have been postponed and most of the major sports leagues have been cancelled until further notice – more and more countries are banning major events, fewer and fewer sporting events are taking place. But how should sports betting providers react when enthusiastic betting customers, who want to pursue their hobby, no longer have an offer to bet on? What can you do as a provider who wants to remain relevant and maintain a corresponding offer for your players?
Casinos Push for Cashless Gambling Payments, Citing Virus, A Boost for Bitcoin?
The American casino industry wants gambling regulators to make it easier to adopt cashless payment transactions on the casino floor, citing a desire to help customers avoid handling money during the coronavirus outbreak.
Sportsbet Ordered to Refund Player, Brakes Placed on Quick Sportsbook Recovery
In a rare judgement, Sportsbet has been ordered to refund almost $100,000 to a man who had "self excluded" from gambling, but was still allowed to open an account and lost a fortune. The gambler wagered almost $150,000.
SBC Digital Summit North America Unveils Big-Name Speaker Roster
The SBC Digital Summit North America will feature a stellar speaker line-up with Jay Snowden (CEO, Penn National Gaming), Virginia McDowell (Board Member, GVC Holdings), Erika Nardini (CEO, BarStool Sports) and Bryan Bennett (COO, Betfred USA) among the 75 big names from the betting and gaming industry.
Canadian Crypto Firm Collapsed Due to Ponzi Scheme by Late Founder, Regulator Says
Last year’s collapse of Canadian cryptocurrency trading platform Quadriga CX was due to a Ponzi scheme operated by founder Gerald Cotten, who died suddenly in December 2018, the country’s biggest securities regulator said on Thursday.
A New Era of Video Slots Developers
Video slots are the most popular games at any online casino. It is not uncommon for sites to list over 2,000 games in their catalogues. This mirrors the offline world where row upon row of chiming cabinets and blazing lights greet any punter who enters the chasm of a real casino floor from Vegas to Macau.
User Pays $2.6 Mil in Transaction Fees to Send $134 of Ether
Wynn reportedly is in good hands, even as the worldwide pandemic rages on. Forbes estimates that "it may take until Q3/Q4 for the demand slump to recover, which could reduce the company’s revenue by at least 30% from $6.6 billion to $4.2 billion.
Sports Betting Fueling Stock Surge, Two Fury-Joshua Fights in 2021
Promoter Eddie Hearn says rival world heavyweight champions Anthony Joshua and Tyson Fury "have agreed to the basics" of a deal to fight two times in 2021.
Seminole Hard Rock Casino in Hollywood Florida to Reopen Friday
Seminole Hard Rock Hotel & Casino Hollywood, Seminole Casino Coconut Creek and Seminole Classic Casino in Hollywood will reopen with a combined workforce of 3,200 team members at noon on Friday, June 12 under new and stringent “Safe and Sound” program guidelines. The guidelines include multiple new initiatives designed to create a quality entertainment experience in an environment that helps to keep guests and team members safe.
Investors Say Spike in Bitcoin Could Take Time
Investors expecting a sudden surge in bitcoin’s price, after it underwent a technical adjustment three weeks ago that reduced the rate at which new coins are generated, may have to wait a few months, or perhaps a few years.
UFC 250 Could Crack BetOnline Top 10 Most Bet On
Dave Mason of BetOnline believes Saturday night's UFC 250 could end up among the top 10 most wagered on UFC events in his company's over 21-year history.
Hackers Move $800K, $1.4 Bil in Crypto Stolen, $5M Reward for Crypto Superintendent
77.644901 BTC (796,638 USD) of stolen funds was transferred from a Bitfinex Hack 2016 to an unknown wallet this past week.
The End of Telephone Betting, Tribes Oppose California Sports Betting
It's the end of an era as UK-based Bet365 has finally put an end to its telebetting service. The company cited a lack of interest in placing wagers over one's phone via voice communication.
Focus on Gaming Affiliates at CasinoBeats Malta Digital
CasinoBeats Malta Digital is to reflect the crucial role that affiliates continue to play in the online casino industry by making the future of igaming affiliation one of the key themes of the agenda for the three-day virtual conference and exhibition.
“Peculiar” BTC Price Action Sparks Volume Surge
The price of Bitcoin shot above the $10,000 mark for the first time since February.
Dow Futures Jump as Investors Focus on Economy, Not Civil Unrest
U.S. stock futures were higher in early trading on Tuesday as investors looked past civil unrest throughout the United States. The focus is more on businesses reopening following months of closure due to a global pandemic.
Bitcoin Shoots Over $10K
The price of Bitcoin has hit an important milestone June 1, 2020, crossing above the $10,000 mark.
Casino Patrons Exposed to Covid, SBC Barcelona Digital Only
Those who recently visited a northern Michigan casino may have been exposed to the coronavirus, health officials warned on Monday.
