Business & Financial
Billion Dollar Suit Reinstated Against PokerStars
The Kentucky Supreme Court on Thursday reinstated an award of more than $1 billion against the world's largest online poker company, PokerStars.
Ruffer Investment Company Allocates 2.5% of Assets to Bitcoin
Ruffer Investment Company sent out a memo Tuesday alerting shareholders that it will be allocating roughly 2.5% of its portfolio towards Bitcoin. Per the memo, this investment is currently worth over $740 million.
Another Month, Another Sports Bet Record in NJ: $931M in Nov
New Jersey gamblers wagered more than $931 million on sports in November, the latest in a string of monthly records set by a rapidly growing market that's closing in on the $1 billion-a-month mark.
Hard Rock Casino Goes Digital
Hard Rock International (HRI), a global leader in hospitality and entertainment, today announced the launch of Hard Rock Digital as part of its ongoing commitment to innovation and diversification of its portfolio in high-growth markets. Hard Rock Digital is a joint venture with gaming industry veterans, and will be the exclusive Hard Rock and Seminole Gaming (SGA) vehicle for interactive gaming and sports betting, globally.
Ayre Offers His Online Gambling, Crypto Predictions for 2021 as Bitcoin Price Skyrockets
Internet entrepreneur and billionaire Calvin Ayre took a moment to sit down and offer his predictions for the online gambling and crypto space as we are about to enter 2021 and depart from what few would argue against was the worst year ever. Well, maybe not for Bitcoin. That digital currency was sitting just below its all time high at $19250 as this was going to press.
Casino Games to Look Forward to in 2021
We can all agree that 2020 has been a pretty testing year. We cannot wait to see the back of it and look forward to what 2021 has in store.
GOP Mega Donor, Casino Billionaire Sheldon Adelson Pushes for Casinos in Texas
Texas currently has just one casino that only offers electronic gaming machines
The Megapari Betting Service and Offers Available
When you take a look at the betting industry as a whole, you will see that bookmakers have no choice but to make their service high quality.
Sports Betting Software to Boost Bookies Revenue
In order to increase revenue, a bookie needs to focus on their customers, increase advertising and work on cutting costs. Bookmaking may be the second oldest professional, but it too must adapt to the ever improving technologies that include sports betting software for managing costs and boosting revenues.
Foxwoods Partners with DraftKings Despite No Sports Betting
One of Connecticut’s two tribal casinos on Monday announced a partnership with the sports betting company DraftKings, even though the state has still not enacted legislation that would legalize online gambling on sports.
BetOnline's Dave Mason Begs Jets for a Win: Most Bettors on 0-16
Any Jets win still pays out $17 for every $10 bet with just five games left.
GGPoker Makes Instagram Playboy Dan Bilzerian Its New Ambassador
Upstart online poker room GGPoker made waves Friday after announcing Instagram Playboy Dan Bilzerian as its new pro poke representative.
Pete Rose Becomes New Spokesperson for VegasWinners.com
Reno, NV, VegasWINNERS, Inc. announced today that Baseball’s all-time hits leader Pete Rose is back in the spotlight as spokesperson for VegasWINNERS national marketing campaign. VegasWINNERS.com provides sports betting enthusiasts with high quality analysis, research, data, guidance and professional advice.
Books Win Big With Ravens Cover
This was supposed to be the week that the Steelers stood the best chance of enduring their first loss of the season. Well, actually that was last week.
Michigan Nears Launch of Online Sports Betting
Michigan casinos could launch online sports betting and gambling games in December once state lawmakers waive the remaining time they have to review proposed licensing rules.
Bitcoin Price Surpasses All Time High
The price of Bitcoin has surpassed its all time high Monday morning.
How Safe is it to Deposit and Bet with Crypto, Bitcoin? And What Kind of Technology is It Using?
For the past few years, the use of Bitcoin and other cryptocurrencies in the gambling industry has increased significantly. What started with a few cryptocurrency-only gambling sites has now ballooned into a sweeping revolution of the gambling space where traditional online betting platforms have started to offer and support cryptocurrency payment options together with fiat deposit and withdrawal methods.
Sports Betting Has Been Big Business for States
The numbers don't lie. Since a handful of states legalized sports betting over the past two years, the take has been staggering.
Bitcoin Price Climbs Over $19K, Approaches All Time High
The Bitcoin surge continues as the cryptocurrency surpassed the $19,000 mark Tuesday morning.
Bally’s Buys Sports Betting Tech Company, Closes AC Purchase
Bally’s Corp. has purchased a sports betting technology company for $125 million and has finalized the purchase of a casino in Atlantic City.
Millions Wagered in First Week of Tennessee Sports Betting
Gamblers in Tennessee wagered more than $27 million in the first week of the state’s online sports betting program, officials said.
Casino Industry Rebounding From Covid....But for How Long as Cases Cripple Hospitals
Casino closings in Michigan for the next three weeks could be a sign of things to come in Las Vegas, many experts are warning.
Price of Bitcoin Climbs Over 17K
Bitcoin continues its momentous run with the cryptocurrency moving over $17000 for the first time in almost three years. Bitcoin is the most utilized transaction method for online gambling in designated "restrictive" markets, which encompass more than half the globe.
Twitch Apologizes for Deletion of Poker Pro Videos
The online video live streaming service Twitch has apologized for deleting thousands of hours worth of their video content from top poker players.
Ravens Cover, Over 44 Would Be Biggest Loss of Season for One Book
Books needed a Patriots cover of +7 and the Under 44. If both failed to come through, this would be the biggest single season loss for Super Book, David Purdum of ESPN reports.
Nick Chubb Costs Gamblers Dearly
Nick Chubb's decision at the 1-yard line ended up costing bettors as the Cleveland Browns failed to cover a 4.5-point spread.
Bitcoin Goes Over $16K: Up 120% YTD
Bitcoin has surged past $16,000 for the first time since January 2018 and is up over 120% YTD!
Australia Inquiry Flags Cancelling Crown Resorts Casino Licence
An Australian regulatory inquiry raised the prospect on Thursday of cancelling the casino licence of gambling giant Crown Resorts Ltd CWN.AX over alleged corporate governance failures, casting a shadow over the company weeks before a $1.6 billion resort opening.
Rio Hotel and Casino to Reopen on Dec. 22
Once the home of the World Series of Poker, the Caesars Entertainment-owned Rio Hotel and Casino is set to reopen December 22, 2020.
Indiana Sports Betting Handle Just Under $231 Million in October
Thus far, legalized sports betting in Indiana has proven to be a huge success. The sports betting handle was just under $231 million during the month of October with tax revenue of $2 million going to the state.
