Business & Financial
FBI Hunts for Bitcoin Scammers in Massive Twitter Hack
The Federal Bureau of Investigation is leading an inquiry into the Twitter hacking, according to sources familiar with the situation, as more Washington lawmakers raised alarms about the breach of high-profile accounts on the social media platform.
Borgata to Reopen July 26
The Borgata casino will reopen on July 26, the last of Atlantic City's nine gambling resorts to resume operating amid the coronavirus outbreak. The casino will host an invitation-only "soft opening" starting July 23, Borgata officials told The Associated Press, and will open its doors to everyone three days later.
High-Profile Twitter Accounts Swept Up in Wave of Apparent Hacking Demanding Bitcoin
A wave of tweets in apparent hacking swept through Twitter (TWTR.N) on Wednesday, with more than half a dozen high-profile accounts - belonging to U.S. presidential candidate Joe Biden, billionaire Bill Gates, and rapper Kanye West, among others - used to solicit bitcoin donations.
Colorado Sports Betting Revenues Hit $946,741, Even With Few Sports
May was a banner month for sports betting in Colorado. It was the first full month of this offering after voters narrowly leaned in favor of the activity last November.
Why Offshore Sportsbooks Will Never Die
When the Supreme Court ruled in 2018 that the federal government was wrong to stand in the way of legal sports betting and that each state could enact its own sports betting laws, people on the fringes of the industry believed that this marked the beginning of the end for offshore bookmakers.
Coinbase Readies Landmark Stock Market Listing
Coinbase Inc has started plans for a stock market listing that could come as early as this year, making it the first major U.S. cryptocurrency exchange to go public, according to three people familiar with the matter.
Can I Bet on Mybookie.ag From Iowa
MyBookie.ag is among the most searched for online sportsbooks on the Web today but there are so many other great options from which to choose from if you live in Iowa
Popular Gambling App Exposed Millions of Users in Massive Data Leak
VPNMentor published the report about a leak affecting Clubillion, a free online casino game available for iOS and Android, offering players 30+ free slot games.
STS Completes Betsys Acquisition, BetFred Hopeful re USA Sports Betting in '20
Polish bookmaker STS has completed the acquisition of Czech betting software provider Betsys, in a deal it said will support its ongoing European expansion plans.
Bellagio Sports Betting Error Was Biggest Ever in Vegas
Longtime Las Vegas bookmakers say they can't remember a bigger blunder in that city's history of taking sports bets.
Lithuania Dabbles in Crypto-Coin as Central Banks Look for Ways to Fend off Facebook
Lithuania is about to issue the first central bank-produced digital coin in the euro zone, part of a project to trial state-backed digital currencies and blockchain technology in everyday use.
Tigers Become First MLB Team to Partner With Sportsbook
The Detroit Tigers on Thursday announced a multiyear deal with sportsbook PointsBet, the first such partnership between a Major League Baseball franchise and a bookmaker.
Vera And John Leads Online Casino Industry In Japan
With the Japanese government embracing the gambling industry with an open-minded approach, Japan is set to become one of the hottest markets for online casino and gambling industries. It has also been reported that government authorities are planning to transform the city of Osaka into a casino hub to promote tourism and travel.
No Smoking, Drinking or Eating as Atlantic City Casinos Open
Atlantic City tried Prohibition once before. It worked so well that Nucky Johnson, the legendary politician and racketeer, built a Boardwalk empire immortalized on HBO nearly a century later.
Bettors Exploit BetMGM Error, RHONJ Ex Hires Mobster to Attack Husband
Bettors in Las Vegas last weekend exploited a mistake by BetMGM and wagered on baseball games that had already started, thus giving them an incredibly strong chance to win tens of thousands of dollars.
Bettors Have Best Day Since Start of Pandemic, Pinnacle Enhances eSports Platform
Gamblers enjoyed a great weekend thanks to La Liga and Serie A soccer matches played on Sunday. Dave Mason of BetOnline said it was the best day for gamblers since the worldwide pandemic began.
'Sophisticated' Hacker Plunders $450,000 From Defi Protocol Balancer
In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens.
Motley Fool: Is DraftKings Insider Selling a Red Flag?
One of the hottest stocks of 2020, Motley Fool notes that DraftKings just sold 46 million shares to the public less than two months after its SPAC IPO.
BarStool Sports Founder Dave Portnoy Caught Up in Racial Row Ahead of App Launch
Jemele Hill, Contibuting writer for The Atlantic, has posted a video of Barstool Sports founder Dave Portnoy engaging in what she refers to as #ExposeBarStoolRacists.
Lobbyist Abramoff Charged in Cryptocurrency Fraud Case
Jack Abramoff, a once-powerful lobbyist who spent time in federal prison for fraud and corruption, has been charged in a San Francisco court in an investor fraud case involving cryptocurrency and lobbying disclosure, federal authorities announced Thursday.
Barstool Sportsbook Betting App to Launch in September
Barstool Sports is partnering with Penn National to release its sports betting app come September, and hopefully there will be sports to bet on.
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.
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.
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
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.
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?
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.
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.
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.
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.
