Business & Financial

Crypto Market Valuation Drops More Than 55 Percent Over Past Five Months

Crypto Market Valuation Drops More Than 55 Percent Over Past Five Months

A number of big investors say they are not concerned that the cryptocurrency market has lost 55% of its value over the past five months.  It was inevitable, they suggest.

Submitted by Guest on, May/22/2018

As Bitcoin World Wobbles, Mining Rig Company Plans $2 billion IPO

As Bitcoin World Wobbles, Mining Rig Company Plans $2 billion IPO

Bitcoins are worth less than half of what they were in December. Mining them is 60 percent less profitable than it was in 2017. Even retailers of hobbyist mining rigs say they are seeing fewer customers.

Submitted by Guest on, May/22/2018

NJ Wins Sports Betting Battle in Supreme Court But Won't Be Offering It Any Time Soon

NJ Wins Sports Betting Battle in Supreme Court But Won't Be Offering It Any Time Soon

The U.S. Supreme Court found in favor of New Jersey last week.  The Garden State had finally won its long battle waged against all the big sports leagues to prohibit it from allowing legalized sports wagering.  But now that NJ is free to go ahead and offer the activity, they've decided to slam on the brakes.

Submitted by Guest on, May/21/2018

Bitcoin Cash is a Must-Own, Says Crypto Investor Brian Kelly

A proposed bitcoin cash development fund could give the digital currency more value, says crypto trader Brian Kelly.  Potential investors met this past Saturday.

Submitted by Guest on, May/21/2018

Mr Green Casino to Enter eSports Arena

Mr Green has joined forces with Gamingzone Entertainment as a way of easy entry into the explosive eSports sector.

Submitted by Guest on, May/21/2018

DAO.Casino ($BET.X) And The Fair Game Cryptocurrencies Surge As The US Legalizes Sports Betting?

The DAO.Casino ($BET.X) And The Fair Game ($FAIR.X) Cryptocurrencies Surged Last Week As The United States appeared to have legalizes sports betting?

Submitted by Guest on, May/21/2018

UK Betting Machines Cut Stakes for Real Money Gambling

According to a recent report on PlaySlots4RealMoney.com covering the topic of real money gambling, the government is taking steps to limit the impact from excessive real money gambling losses. Slot machines and other forms of video gambling on electronic machines are referred to as fixed-odds betting terminals or FOBTs in the UK.

Submitted by Guest on, May/21/2018

Bet365 Expected to Keep Main Hub in Gibraltar?

Bet365 says it will retain its strong presence in, and commitment to, Gibraltar despite confirming reports this weekend of a move to Malta. The company currently employs some 1000 employees in Gibraltar. 

Submitted by Guest on, May/21/2018

Bet365 Announces Surprise Move to Malta

Bet365 Announces Surprise Move to Malta

Bet365 – one of the world’s leading online gambling groups – has finalised plans to relocate its operations to Malta from Gibraltar as soon as the UK exits the European Union next year, The Sunday Times of Malta can reveal.

Submitted by Guest on, May/21/2018

Monster Byte Review

Here Gambling911.com reviews Monster Byte, which claims to have been founded in 2013 and creates white label cryptocasinos, fully optimized for mobile devices. 

Submitted by Guest on, May/20/2018

A Golden Knights Stanley Cup Win Would Pay One Man $120K

A Golden Knights Stanley Cup Win Would Pay One Man $120K

Some lucky gambler is going to receive a hefty six figure payout should the Vegas Golden Knights go on to win this year's Stanley Cup.

Submitted by Guest on, May/20/2018

BetPhoenix, Skybook Group of Online Sportsbooks to Enhance Cryptocurrency Offerings

Speaking to Gambling911.com exclusively this past week, the BetPhoenix/Skybook Group revealed their plans to offer more cryptocurrency options ahead of the new NFL and College Football seasons. 

Submitted by Guest on, May/20/2018

Nguyen: 'Bitcoin Cash Can Function for Higher Level Technical Programming'

nChain has started working on a proof-of-concept for a high level language and associated compiler that will enable programming with more sophisticated language capabilities, more sophisticated applications on Bitcoin Cash.

Submitted by Guest on, May/20/2018

Bitcoin Cash 'Sexy' - 'All Other Coins Can Go in the Trash'

Bitcoin Cash 'Sexy' - 'All Other Coins Can Go in the Trash'

Coingeek.com founder Calvin Ayre celebrated his first ever cryptocurrency conference with a boat party in Hong Kong.

Submitted by Guest on, May/20/2018

Study Finds Bitcoin Energy Consumption Off the Charts

Study Finds Bitcoin Energy Consumption Off the Charts

An alarming new study has discovered that bitcoin uses up an astonishing amount of energy and it is only getting worse.

Submitted by Guest on, May/17/2018

UK Cuts Top Stake on Fixed Odds Gambling Terminals From 100 Pounds to 2

UK Cuts Top Stake on Fixed Odds Gambling Terminals From 100 Pounds to 2

Britain will cut the maximum stake on fixed-odds betting terminals to just two pounds after the government opted to try to tackle problem gambling and rejected claims that such a big reduction could cost thousands of jobs.

Submitted by Guest on, May/17/2018

Tribes Throughout America Welcome Legalized Sports Betting to Their Casinos

Tribes Throughout America Welcome Legalized Sports Betting to Their Casinos

American Indian tribes are welcoming an opportunity to offer sports betting in potentially hundreds of casinos across the country after the U.S. Supreme Court cleared the way for states to legalize it.

Submitted by Guest on, May/16/2018

Senate Votes to Preserve Obama-Era Net Neutrality Rules (for Now)

The Senate has voted to kill a Federal Communications Commission rule that repealed the Obama administration’s ban on internet providers blocking or slowing down certain content.

Submitted by Guest on, May/16/2018

Bitcoin To Hit $50,000 By Year-End Claims BitMEX CEO

CNBC's Seema Mody reports on the world's largest bitcoin conference and Arthur Hayes, BitMEX CEO, discusses his outlook for the cryptocurrency.

Submitted by C Costigan on, May/16/2018

'Bitcoin Jesus' Roger Ver Returns to CNBC to Discuss Bitcoin Civil War, More

'Bitcoin Jesus' Roger Ver Returns to CNBC to Discuss Bitcoin Civil War, More

'Bitcoin Jesus" Roger Ver, CEO of Bitcoin.com, tells CNBC that the recent events involving a bitcoin cash upgrade cannot be considered a fork but rather an "update", one that he views as extremely positive. 

Submitted by Guest on, May/16/2018

JPMorgan Co-President Jerry Pinto: ‘Cryptocurrency Will Play Role in Future’

Speaking to CNBC Wednesday, JPMorgan co-president Jerry Pinto confirmed the bank was “looking into” the Bitcoin space.

Submitted by Guest on, May/16/2018

Sportsbet.io News

Gambling911.com has all your Sportsbet.io news.  Remember to set up your Bitcoin.com Wallet before making all your cryptocurrency transactions online.

Submitted by Guest on, May/16/2018

The Coingaming Group Switches To Microbitcoin

Sportsbet.io and Bitcasino.io, operated by Coingaming Group, have switched their betting units from millibitcoins to microbitcoins, better known as bits.

Submitted by Guest on, May/16/2018

Bitcoin Cash Upgrade a Groundbreaking Success

Bitcoin Cash Upgrade a Groundbreaking Success

Less than a year after its birth, cryptocurrency Bitcoin Cash (BCH) is taking several leaps farther ahead of its predecessor, CoinGeek.com reported late Tuesday.

Submitted by Guest on, May/15/2018

888 Holdings Ready to Dive Into US Sports Betting Market: 'Well Prepared'

888 Holdings Ready to Dive Into US Sports Betting Market: 'Well Prepared'

Among those European-based bookmakers ready to enter the U.S. market following the landmark decision by the Supreme Court Monday, 888 Holdings. 

Submitted by Guest on, May/15/2018

Arrest Warrants Issued to Employees of South Korea Cryptocurrency Exchange

Arrest Warrants Issued to Employees of South Korea Cryptocurrency Exchange

Plus Bitcoin in Brief Tuesday: NY Regulator Approves Bitcoin Cash, Zcash and Litecoin Trading and Steve Eisman of ‘The Big Short’ Fame: What Value Does Cryptocurrency Actually Add?

Submitted by Guest on, May/15/2018

Pay Per Heads, Bookies React to Supreme Court Sports Betting Decision

Pay Per Heads, Bookies React to Supreme Court Sports Betting Decision

On the 14th May 2018 the U.S supreme court passed legislation that has allowed states to legalize gambling that has been outlawed since 1992 from the professional and amateur sports protection act.

Submitted by Guest on, May/15/2018

First Regulated Bitcoin Savings Account

First Regulated Bitcoin Savings Account

Great news for gamblers and cryptocurrency investors alike as the first ever regulated bitcoin savings account has emerged.

Submitted by Guest on, May/15/2018

Using Bitcoin and Other Cryptocurrencies to Gamble Online

The online betting site of your choice will have you send them the special address/token obtained from the Bitcoin wallet or exchange.

Submitted by Guest on, May/14/2018

Breakingviews - EU Transparency Purge May Boost Bitcoin Legitimacy

Breakingviews - EU Transparency Purge May Boost Bitcoin Legitimacy

A European Union transparency drive may boost bitcoin’s legitimacy. The bloc agreed on Monday to force cryptocurrency exchanges to identify users. That will make it harder for criminals to use virtual cash to hide their ill-gotten gains.

Submitted by Guest on, May/14/2018

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