Business & Financial

New Zealand Seizes $90M From Russian Bitcoin Fraud Suspect

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.

Submitted by Associated Press on, Jun/24/2020

AC Casinos Opening for the 4th, Others Shutting Down Again

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. 

Submitted by Jagajeet Chiba on, Jun/24/2020

How Did Esports Become a Household Name in Gambling?

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

Submitted by Payton on, Jun/22/2020

Circa Resort & Casino to Open in Downtown Vegas Ahead of Schedule

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.

Submitted by Press Release on, Jun/17/2020

Virtual Gaming, Is It Gaining Traction In America And Canada?

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? 

Submitted by C Costigan on, Jun/17/2020

Casinos Push for Cashless Gambling Payments, Citing Virus, A Boost for Bitcoin?

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. 

Submitted by Aaron Goldstein on, Jun/16/2020

Sportsbet Ordered to Refund Player, Brakes Placed on Quick Sportsbook Recovery

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.

Submitted by Aaron Goldstein on, Jun/15/2020

SBC Digital Summit North America Unveils Big-Name Speaker Roster

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.

Submitted by Press Release on, Jun/15/2020

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.

Submitted by Reuters on, Jun/14/2020

A New Era of Video Slots Developers

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.

Submitted by C Costigan on, Jun/12/2020

User Pays $2.6 Mil in Transaction Fees to Send $134 of Ether

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.

Submitted by Aaron Goldstein on, Jun/11/2020

Sports Betting Fueling Stock Surge, Two Fury-Joshua Fights in 2021

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.

Submitted by Aaron Goldstein on, Jun/10/2020

Seminole Hard Rock Casino in Hollywood Florida to Reopen Friday

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.

Submitted by Press Release on, Jun/10/2020

Investors Say Spike in Bitcoin Could Take Time

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.

Submitted by Reuters on, Jun/09/2020

UFC 250 Could Crack BetOnline Top 10 Most Bet On

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.

Submitted by Tony Caliente on, Jun/06/2020

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.

Submitted by C Costigan on, Jun/06/2020

The End of Telephone Betting, Tribes Oppose California Sports Betting

The End of Telephone 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. 

Submitted by C Costigan on, Jun/06/2020

Focus on Gaming Affiliates at CasinoBeats Malta Digital

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.

Submitted by Press Release on, Jun/02/2020

“Peculiar” BTC Price Action Sparks Volume Surge

“Peculiar” BTC Price Action Sparks Volume Surge

The price of Bitcoin shot above the $10,000 mark for the first time since February.

Submitted by Aaron Goldstein on, Jun/02/2020

Dow Futures Jump as Investors Focus on Economy, Not Civil Unrest

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.

Submitted by Aaron Goldstein on, Jun/02/2020

Bitcoin Shoots Over $10K

Bitcoin Shoots Over $10K

The price of Bitcoin has hit an important milestone June 1, 2020, crossing above the $10,000 mark.

Submitted by Aaron Goldstein on, Jun/01/2020

Casino Patrons Exposed to Covid, SBC Barcelona Digital Only

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.

Submitted by Aaron Goldstein on, Jun/01/2020

Can I Play on Zynga Poker for Real Money From Wisconsin

Can I Play on Zynga Poker for Real Money From Wisconsin

Though real money play on Zynga is not permitted in the state of Wisconsin, sites like Americas Cardroom are accessible for real money and offer a generous welcome bonus with a maximum of $1000.

Submitted by Ace King on, Jun/01/2020

Can I Play on Zynga Poker for Real Money From California

Can I Play on Zynga Poker for Real Money From California

Though real money play on Zynga is not permitted in the state of California, sites like Americas Cardroom are accessible for real money and offer a generous welcome bonus with a maximum of $1000.

Submitted by Ace King on, Jun/01/2020

Can I Play on Zynga Poker for Real Money From Wyoming

Can I Play on Zynga Poker for Real Money From Wyoming

Though real money play on Zynga is not permitted in the state of Wyoming, sites like Americas Cardroom are accessible for real money and offer a generous welcome bonus with a maximum of $1000.

Submitted by Ace King on, Jun/01/2020

Connecticut Casinos Reopen in Defiance After Covid Closure

Connecticut Casinos Reopen in Defiance After Covid Closure

Tribal casinos in Connecticut began reopening on Monday despite Connecticut Gov. Ned Lamont saying it is too early.

Submitted by Gilbert Horowitz on, Jun/01/2020

Call of Duty: Mobile's Season 7 is Called Radioactive Agent

Team Nigma’s first slip-up all week turned out to be a costly one.  Entering the day unbeaten at the ESL One Birmingham Online’s Europe and Commonwealth of Independent States tournament, Nigma lost to Team Secret 2-0 on Sunday, the final day of group play. The result put Nigma and Secret into a first-place tie atop Group A at 6-1, and because of the head-to-head tiebreaker, Secret got the top seed in the group.  Nigma still advance to the upper bracket of the playoffs, but will face Group B winner VP.Prodig

Radioactive Agent is the name of Call of Duty: Mobile’s season 7, Activision announced on Twitter.

Submitted by Press Release on, Jun/01/2020

New Bitcoin Bug Could Wreak Havoc, YouTube Censorship Blockchain Alternative Lbry.tv

New Bitcoin Bug Could Wreak Havoc YouTube Censorship Blockchain Alternative Lbry.tv

Bitcoin's timelocked transactions used to discourage miners were found to be bugged.

Submitted by Aaron Goldstein on, Jun/01/2020

Stock Futures Slip: Bookmaker Offers Over, Under on 25300

Stock Futures Slip: Bookmaker Offers Over, Under on 25300

U.S. stock futures fell on Sunday night amidst civil unrest across the United States.

Submitted by Aaron Goldstein on, May/31/2020

The Coronavirus Could Lead More States To OK Sports Betting And Internet Gambling

The Coronavirus Could Lead More States To OK Sports Betting And Internet Gambling

The coronavirus pandemic could lead to a quicker expansion of sports betting and internet gambling in the U.S. as states deal with huge budget deficits and look for new tax revenue wherever they can find it. 

Submitted by Associated Press on, May/30/2020

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