Business & Financial

Australia’s Blockbid Exchange Granted Cryptocurrency License by Austrac

Australia’s Blockbid Exchange Granted Cryptocurrency License by Austrac

Blockbid is now registered with the Australian Transaction Reports and Analysis Centre (Austrac). This makes it only the third company granted permission to legally operate as a cryptocurrency exchange in Australia since new regulations came about last week.

Submitted by Guest on, Apr/11/2018

JPMorgan Sued for Bitcoin Fraud

JPMorgan Sued for Bitcoin Fraud

Bitcoin now makes up more than half of all online gambling transactions but the cryptocurrency continues to take a hit on the public front between regulatory crackdowns and lawsuits.

Submitted by Guest on, Apr/11/2018

Starting a Bookie Business Is Now Easier Than Ever

Starting a Bookie Business Is Now Easier Than Ever

If you have ever considered starting your own sports book or online casino, then unless you have heard of a pay per head, the chances are that you would have been put off by the cost involved. That is no longer the case.

Submitted by Guest on, Apr/11/2018

India Coin And CannabisCoin Cryptocurrencies Surge Despite The Bitcoin Crash

Online gamblers, day traders, and cryptocurrency investors have had a nice run betting on Bitcoin and other altcoins over the past year.  The folks that have gotten into Bitcoin too late have gotten their wallet hurt, while seasoned cryptocurrency investors have been making bank with The India Coin And CannabisCoin Cryptocurrencies. 

Submitted by Guest on, Apr/10/2018

AXES Network’s Earle Hall Heads Up Canada’s New Blockchain Committee

In a recent post on PlaySlots4RealMoney.com by Penny Cleopatra, the top guy at AXES Network has been tapped to fill the role as the chair of the new Blockchain Committee in Canada. Chosen for this position by the Gaming Standards Association (GSA) , Earle Hall appears to be the perfect candidate given his current title of CEO at AXES.

Submitted by Guest on, Apr/10/2018

Bitcoin Would Be a Calamity, Not an Economy

A piece appearing in MIT Technology Review suggests that the anonymous digital currency bitcoin has had trouble growing beyond a niche community.

Submitted by Guest on, Apr/10/2018

Estonian Regulator, Taivo Põrk, to Speak at Mare Balticum Gaming Summit 2018

Estonian Regulator, Taivo Põrk, to Speak at Mare Balticum Gaming Summit 2018

The Mare Balticum Gaming Summit 2018 speakers keeps growing as conference organizers announce the addition of Estonian regulator Taivo Põrk to their lineup.

Submitted by Guest on, Apr/10/2018

Backpage Owners Promoted Prostitution, Used Bitcoin to Launder Money

Backpage Owners Promoted Prostitution, Used Bitcoin to Launder Money

Seven people, including some with Phoenix connections, have been indicted in federal court on prostitution crimes relating to the operation of the Backpage.com website. 

Submitted by Guest on, Apr/09/2018

Atlantic City Casino Earnings Up 22.5 Percent in 2017

Less competition has led to higher profits for Atlantic City’s casinos in 2017 — but will it last with two more casinos soon to join the mix?

Submitted by Guest on, Apr/09/2018

Atlantic City’s Hard Rock Hotel and Casino Inks Deal for Online Gambling

Atlantic City’s Hard Rock Hotel and Casino Inks Deal for Online Gambling

Casino gambling in Atlantic City has been around for decades, but in recent years the casinos in town have taken it on the chin given the proliferation of other gambling options in neighboring states.

Submitted by Guest on, Apr/09/2018

Doubleline Capital CEO Talks Bitcoin: 'Bitcoin Very Clearly Leads Risk Assets'

Jeffrey Gundlach, Doubleline Capital CEO, talks bonds, tariffs and bitcoin in an exclusive interview on CNBC's "Fast Money." 

Submitted by Guest on, Apr/09/2018

Ayre: 'This Will Make Ethereum Obsolete'

Ayre: 'This Will Make Ethereum Obsolete'

Over 50 teams have signed up to put tokenization on the Bitcoin BCH chain and that can only mean one thing, CoinGeek.com founder Calvin Ayre predicts: The end of Ethereum.

Submitted by Guest on, Apr/08/2018

$25 Billion in Taxes Owed by Cryptocurrency Investors

It's tax season, and the U.S. Internal Revenue Service is cracking down on those who have invested in cryptocurrencies over the past year.  Taxpayers find themselves in a bit of a bind as the April 17 deadline looms as they try to better understand capital gains.  

Submitted by Guest on, Apr/07/2018

Crypto Self-Regulation Deemed Likely in South Africa

Crypto Self-Regulation Deemed Likely in South Africa

The South African Reserve Bank (SARB) has set up a team to monitor fintech developments and assist its efforts to finalize the regulatory regime for cryptocurrencies, Bitcoin.com News is reporting this weekend.

Submitted by Guest on, Apr/07/2018

Casino Luck Casino Review

Players who register for a Casino Luck account will get to enjoy a welcome bonus offer that covers their initial deposit. The online casino will give these players a 100% match bonus that can go as high as £/€/$150 and 150 free spins for the Starburst video slot.

Submitted by C Costigan on, Apr/07/2018

Houston Area Bookies, Agents Beware as NBA and MLB Teams Continue to Dominate

As if the Astros winning the 2017 World Series were not enough to give Houston area bookies fits, their home town Rockets now own the best record in the NBA.

Submitted by Guest on, Apr/07/2018

Feds Want to Serve Bitcoin Fraud Lawsuit Against Colorado Man Via Email

A Colorado man accused of defrauding investors of more than $1 million in a Bitcoin-based investment scheme has eluded being served charging documents and federal regulators are seeking permission to serve him via email.

Submitted by Guest on, Apr/07/2018

Bitcoin ‘Worthless’ and Will Perform Worse Than Stocks In The Coming Months

"Bitcoin's correlation with equity prices has strengthened recently, but we think that this will be just temporary. We still think that bitcoin is essentially worthless," Capital Economics tells CNBC.

Submitted by Guest on, Apr/07/2018

MGM Shares Rise on Talks Company Could Buy Wynn

MGM Shares Rise on Talks Company Could Buy Wynn

The New York Post on Friday was reporting that MGM is considering buying Wynn Resorts though an amount has yet to be disclosed.

Submitted by Guest on, Apr/06/2018

Mare Balticum Gaming Summit Adds Play'n GO Group Compliance Manager Sissel Weitzhandler to Speaker List

Mare Balticum Gaming Summit Adds Play'n GO Group Compliance Manager Sissel Weitzhandler to Speaker List

The organizers of Mare Balticum Gaming Summit (Baltic Sea Gaming Summit) are honored to announce that Sissel Weitzhandler (Legal and Compliance Manager of the Play'n GO Group) will join the inaugural event as a speaker in the panel dedicated to the Scandinavian region.

Submitted by Guest on, Apr/06/2018

India Bans Bitcoin

In a blow to cryptocurrencies, the Reserve Bank of India (RBI) announced Thurday that it is banning banks and regulated financial entities from dealing with digital currencies.

Submitted by Guest on, Apr/05/2018

Horse Race Track Closing After 70 Years

Horse Race Track Closing After 70 Years

Raceway claims changes in the gambling industry have had "a significant impact" on horse racing 

Submitted by Guest on, Apr/05/2018

NHL Conference Standings & 3 Tools To Protect Sportsbook Profits

NHL Stanley Cup Playoffs start on April 11th. Which means there’s not much time to set your sportsbook up for the incoming NHL Playoff betting. Online bookie agents need the following 3 tools to prepare for next week!

Submitted by C Costigan on, Apr/05/2018

Racebook Tip: Use Santa Anita Derby Race To Increase Triple Crown Bettors

Racebook Tip: Use Santa Anita Derby Race To Increase Triple Crown Bettors

There are 3 Kentucky Derby prep races happening on April 7th. Online bookie agents should use the Santa Anita Derby to start reining in Triple Crown bettors. Here are 2 easy ways to promote the race.

Submitted by Guest on, Apr/05/2018

Pennsylvania Casino Slots Up Big in March

In a recent report on Cision PR Newswire as released by the Pennsylvania Gaming Control Board, March was a big month for real money gambling on slot machines for the Keystone State.

Submitted by Guest on, Apr/05/2018

AcePerHead Announces 50 Percent Summer Discount Promo

AcePerHead Announces 50 Percent Summer Discount Promo

Booking action is a 24 hours a day 365 days a year business with various sporting events to bet on each day. For North American bookies football season is by far the most popular sport for their players to wager on, but just because football is not being played right now doesnít mean there isnít plenty of sporting events to wager on.

Submitted by Guest on, Apr/05/2018

Bookie vs. Bettor: Warriors vs. Pacers Spread

The Warriors vs. Pacers spread had the Warriors as a -2 road favorite.  The NBA Betting Power Ratings suggest a line of Warriors -4, therefore we do have a 2-point underlay.

Submitted by Guest on, Apr/05/2018

Could the Cryptocurrency Dash Actually be a Scam?

Calvin Ayre, founder of the cryptocurrency news outlet Coingeek.com, tweeted out Wednesday that "my opinion all the (cryptocurrency) platforms have elements of a scam except Bitcoin BCH".

Submitted by C Costigan on, Apr/05/2018

Caesar’s Canada Casino Poised for Strike

Caesar’s Canada Casino Poised for Strike

Labor issues ‘north of the boarder’ in Canada casino Caesar Windsor have moved closer to an outright labor strike according to a recent article posted on PlaySlots4RealMoney.com by Paul Brooks.

Submitted by Guest on, Apr/05/2018

Online Bookie News: Agents Are Getting Up to 35 Percent Credit Back

Online Bookie News: Agents Are Getting Up to 35 Percent Credit Back

Online bookie agents are getting up to 35% credit cash back while they set up their racebooks for the Triple Crown races.

The races generate close to $400 million bets annually, with 81% of those bets placed online. That’s why  it’s important for pay per head agents and online bookies to have the best quality sportsbook management software available.

Submitted by Guest on, Apr/04/2018

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