Business & Financial

CNBC: Bitcoin Traders Using Up to 100-to-1 Leverage Are Driving Wild Swings

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.

Submitted by Aaron Goldstein on, May/25/2021

Can I Bet on Draftkings Sportsbook App From Massachusetts?

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.

Submitted by Don Shapiro on, May/25/2021

Can I Play on PokerStars From Alaska

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.

Submitted by Ace King on, May/25/2021

US Judge: Saipan Casino Builder Must Pay 7 Ex-Workers $5.4M

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.

Submitted by Associated Press on, May/25/2021

Atlantic City Casinos Just Made 3x More Money Than They Did in First Quarter of 2020

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.

Submitted by Associated Press on, May/25/2021

Sports Betting Beat - May 25, 2021

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.

Submitted by C Costigan on, May/25/2021

Feds OK Arizona Compact and Sports Betting Deal

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.

Submitted by Associated Press on, May/24/2021

Bitcoin SV the Most Energy Efficient of the Blockchains

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

Submitted by Aaron Goldstein on, May/24/2021

Cryptocurrencies Punch Back After Sunday Sell-Off

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.

Submitted by Reuters on, May/24/2021

Sports Betting Beat - May 23, 2021

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. 

Submitted by C Costigan on, May/23/2021

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.

Submitted by Aaron Goldstein on, May/23/2021

Bitcoin Falls 11.3%, Ether Down 16.6% Sunday

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.

Submitted by Reuters on, May/23/2021

$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.

Submitted by Associated Press on, May/23/2021

Sports Betting Beat - May 22, 2021

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.

Submitted by C Costigan on, May/22/2021

Connecticut House Approves Sports Betting Deal With Mashantucket Pequot, Mohegan Tribes

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.

Submitted by Associated Press on, May/21/2021

Easy Way to Start a Bookie Business

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.

Submitted by C Costigan on, May/21/2021

Sports Betting Beat - May 21, 2021

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. 

Submitted by C Costigan on, May/21/2021

The Crypto Beat - May 21

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.

Submitted by Aaron Goldstein on, May/21/2021

Bet the Price of Bitcoin, Dogecoin, ETH

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. 

Submitted by C Costigan on, May/21/2021

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. 

Submitted by C Costigan on, May/20/2021

Am I Able to Bet on Sports From the State of Florida?

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.

Submitted by Gilbert Horowitz on, May/20/2021

Bitcoin’s Hash Rate Has Fallen by Nearly 20% in Past Week

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.

Submitted by Aaron Goldstein on, May/20/2021

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.

Submitted by Aaron Goldstein on, May/19/2021

Florida OKs Sports Betting Operated by Seminole Tribe

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.

Submitted by Associated Press on, May/19/2021

2021 PGA Championship Free Pick: Webb Simpson Payout Odds

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.

Submitted by Dan Shapiro on, May/19/2021

Cøbra Misses Deadline to Respond to Craig Wright’s IP Lawsuit

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.

Submitted by Jagajeet Chiba on, May/19/2021

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.

Submitted by Aaron Goldstein on, May/19/2021

Bitcoin Slides Below $40,000 After China's New Crypto Ban

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.

Submitted by Aaron Goldstein on, May/19/2021

What is a Flippening as They Pertain to the Digital Currencies?

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.

Submitted by Aaron Goldstein on, May/19/2021

Baltimore Ravens Name BetMGM as First Official Gaming Partner

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.

Submitted by Press Release on, May/19/2021

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