Business & Financial

Ripple Sues Youtube For Allowing Scams That Promised Returns Up to $1 Million

Ripple Sues Youtube For Allowing Scams That Promised Returns Up to $1 Million

Ripple is suing Youtube, accusing the video platform of not doing enough to eliminate crypto-related “giveaway” scams. The payment network wants to force Youtube to protect its users from such scams. Some scammers promise returns up to 5 million XRP or about $930,000 at current prices, but participants in the “giveaway” never received the money, according to court papers.

Submitted by Aaron Goldstein on, Apr/23/2020

PokerStars Site Crashes in Middle of Tournament, Now Its Cancelled....Players Erupt

A Wednesday night poker tournament on the PokerStars site was cancelled long after it had gotten underway after the servers reportedly crashed.  The situation quickly got ugly as the Twitterverse let Stars have it.

Submitted by Nagesh Rath on, Apr/22/2020

CNN Interview With Las Vegas Mayor Goodman Goes Off The Rails

Las Vegas Mayor Carolyn Goodman is not beating around the bush when she says she wants her city open for business.

Submitted by Jagajeet Chiba on, Apr/22/2020

U.S. Regulatory Update Session Kicks Off BOSA Track at SBC Digital Summit

U.S. Regulatory Update Session Kicks Off BOSA Track at SBC Digital Summit

The effects of Covid-19 on the regulatory progress of sports betting in the United States will be the first panel discussion on the Betting on Sports America (BOSA) track at the upcoming SBC Digital Summit, which takes place April 27 - May 1.

Submitted by Press Release on, Apr/22/2020

Watch Las Vegas Mayor: 'We'll Find Out the Facts After We Open the City'

Watch Las Vegas Mayor: 'We'll Find Out the Facts After We Open the City'

Speaking to MSNBC's Katy Tur on Tuesday, Las Vegas Mayor Carolyn Goodman advocated for opening the city.

Submitted by Aaron Goldstein on, Apr/22/2020

Oklahoma Governor Announces Gambling Deal With 2 Tribes

Oklahoma Governor Announces Gambling Deal With 2  Tribes

Oklahoma Gov. Kevin Stitt announced Tuesday he reached a deal with two Native American tribes to increase the state’s share of revenue from new casinos, but the governor still remains locked in a legal dispute over gambling with 10 other tribes.

Submitted by Associated Press on, Apr/21/2020

How to Make a Sportsbook Website

If you are looking to make a sportsbook website, then the first thing would be to sign up with one of the various pay per head providers in the market.

Submitted by C Costigan on, Apr/21/2020

Looking for Pay Per Head Providers?

Bookies are looking for answers, especially in these times. The world may be changing and the way we all do business may be changing but nothing lasts forever, and we have one constant; gamblers are still gambling. The most important thing that you can do as a bookie right now is to give your clients accessibility.

Submitted by C Costigan on, Apr/20/2020

Lottery Leaders to Address COVID-19 Crisis at SBC Digital Summit

Lottery Leaders to Address COVID-19 Crisis at SBC Digital Summit

High-profile figures from major European lotteries and US state lotteries are set to participate in the SBC Digital Summit to share their experiences of adapting to the new market conditions brought about by the COVID-19 pandemic.

Submitted by Press Release on, Apr/20/2020

eSports Gets National Attention as Covid-19 Shuts Down Most Sports

eSports Gets National Attention as Covid-19 Shuts Down Most Sports

"Covid-19 is showing us how resilient [esports] is, the fact that it can be operated from anywhere," said Ben Lenihan, the president of the New Zealand Esports Federation (NZESF).

Submitted by Alistair Prescott on, Apr/19/2020

Tennessee Sportsbooks Guaranteed At Least a 10 Percent Hold

Tennessee Sportsbooks Guaranteed At Least a 10 Percent Hold

Sports bettors in Tennessee might not like the idea that they can only claim a maximum of 90% their original stake.  

Submitted by Aaron Goldstein on, Apr/19/2020

Wynn Calls for Reopening of Nevada and Vegas Strip, Face Masks Will be Nightmare

Wynn Calls for Reopening of Nevada and Vegas Strip, Face Masks Will be Nightmare

Wynn Resorts Ltd. Chief Executive Officer Matt Maddox is calling for parts of the Nevada economy to reopen followed by the Vegas Strip, all by Memorial Day.

Submitted by Aaron Goldstein on, Apr/19/2020

Professional Gamblers May Be Able to Claim Benefits During Pandemic

Professional Gamblers May Be Able to Claim Benefits During Pandemic

With Nevada closing down casinos over the past few weeks due to the coronavirus pandemic, professional gamblers may now be able to collect benefits from the US Government.

Submitted by Gilbert Horowitz on, Apr/18/2020

Vegas Casinos to Open Slowly, PA Sportsbooks Losing Millions But Online Casinos Thrive

Vegas Casinos to Open Slowly, PA Sportsbooks Losing Millions But Online Casinos Thrive

“I’m putting the lives of my fellow Nevadans ahead of dollars,” Gov. Steve Sisolak said as the mayor of Las Vegas and others continued their criticism of the extended closures that began in mid-March due to the coronavirus pandemic.

Submitted by Gilbert Horowitz on, Apr/17/2020

March Revenue Plunges as Virus Shuts Casinos

March Revenue Plunges as Virus Shuts Casinos

Revenue from casinos in numerous U.S. states plunged in March as the coronavirus forced the shutdown of in-person gambling across the country in the middle of the month.

Submitted by Associated Press on, Apr/16/2020

eSports is Taking Over, Virtual Conference Set for May 7

eSports is Taking Over, Virtual Conference Set for May 7

European Gaming Media and Events has put together a list of leading eSports experts who will join a special panel discussion at their first virtual conference this year which will take place on the 7th of May.

Submitted by Press Release on, Apr/15/2020

Online Gambling Affiliate Code of Conduct Rules Released, BetAffiliates Exits Germany

Online Gambling Affiliate Code of Conduct Rules Released, BetAffiliates Exits Germany

Casinomeister, the advocate of fair play, has finally launched its Code of Conduct for affiliate webmasters. With over 1500 affiliate webmasters who are members of Casinomeister, Casinomeister has a significant reach.

Submitted by Gilbert Horowitz on, Apr/15/2020

PointsBet Shares Surge Despite Absence of Sports, VA Gov Wants Betting at NASCAR Tracks

PointsBet Shares Surge Despite Absence of Sports,  VA Gov Wants Betting at NASCAR Tracks

What is going on with PointsBet, the online sports gambling firm based out of Australia that has gained an early foothold in the US?

Submitted by Gilbert Horowitz on, Apr/14/2020

Famed Vegas Sportsbook Superbook is Coming to Colorado, Sports Betting Scams a Plague During Pandemic

Famed Vegas Sportsbook Superbook is Coming to Colorado

Colorado native and famed oddsmaker Jay Kornegay is set to oversee the Superbook operations at The Lodge Casino in Black Hawk.

Submitted by Aaron Goldstein on, Apr/14/2020

To Nobody's Surprise, XFL Files for Bankruptcy, WWE Deemed Essential in Florida

To Nobody's Surprise, XFL Files for Bankruptcy, WWE Deemed Essential in Florida

The XFL on Monday filed for bankruptcy, citing the Covid-19 pandemic.

Submitted by Mary Montgomery on, Apr/13/2020

How to Go From Affiliate to Bookmaker

How to Go From Affiliate to Bookmaker

The sports betting world is truly gigantic and there are many good opportunities that you need to be aware of, so that you can always be on top and make the most out of your business. There are different ways in which you can get involved in this industry, and not all of them involve, precisely, being a sportsbook owner or a bookie; you can start making money as an influencer, as an agent or as an affiliate, to mention a few examples.

Submitted by C Costigan on, Apr/13/2020

Ayre Ventures is Looking to Invest in Gaming Industry Blockchain Tech

Ayre Ventures is Looking to Invest in Gaming Industry Blockchain Tech

The gambling industry is a paradox. The entire gambling industry was built on risk; be it risk on a sports team or a dealer drawing a five-card 21 to beat a 20. That risk doesn’t regularly carry over to innovation despite the gambling industry employing some of the most innovative minds in technology.

Submitted by Press Release on, Apr/13/2020

BitMEX CEO Warns: Bitcoin Price Could ‘Absolutely’ Retest $3K

BitMEX CEO Warns: Bitcoin Price Could ‘Absolutely’ Retest $3K

BitMEX CEO Arthur Hayes believes Bitcoin can absolutely retest the $3000 region once again.  Another successful trader shares that sentiment.

Submitted by Aaron Goldstein on, Apr/11/2020

Will Juventus win their 9th Serie A trophy in a row?

Will Juventus win their 9th Serie A trophy in a row?

Italian Serie A soccer championship, or “calcio” as italians call it, was suspended in the 26th matchday of the 2019-2020 season, with no other than mighty Juventus as league leader. However, this hasn’t been the “typical” Juventus season so far, and other teams, like Internazionale in the beginning, or Lazio, more recently, have been threatening the chance of success for the team to achieve their main goal of this season, which is to win their 9th consecutive Serie A title.

Submitted by C Costigan on, Apr/10/2020

Stones Gambling Hall Files Motion to Dismiss Tied to Cheating Scandal, Boyd Gaming Furloughs Without Pay

Stones Gambling Hall Files Motion to Dismiss Tied to Cheating Scandal, Boyd Gaming Furloughs Without Pay

“Casinos Do Not Owe a General Duty of Care to Gamblers".  So says Stones Gambling Hall in a Motion to Dismiss filing as it pertains to the scandal involving poker player Mike Postel's alleged cheating.  Some have accused employees of Stones to be in on the scheme.

Submitted by Aaron Goldstein on, Apr/09/2020

US Casino Workers: Pay Us Through Pandemic

US Casino Workers: Pay Us Through Pandemic

Casino workers across the country are calling on the gambling industry to pay its laid-off workers their full salary and benefits for the duration of coronavirus shutdowns.

Submitted by Associated Press on, Apr/09/2020

MGM Promises Support of Employees During Furlough, Vegas Casino Closures Extended

MGM Promises Support of Employees During Furlough, Vegas Casino Closures Extended

During this unprecedented time during the coronavirus pandemic, MGM Resorts International has announced its commitment to employees, most of whom are currently furloughed as casino properties remained closed.

Submitted by Aaron Goldstein on, Apr/08/2020

Leading CEOs to Shape Post-Pandemic Future for Betting Industry at SBC Digital Summit

Leading CEOs to Shape Post-Pandemic Future for Betting Industry at SBC Digital Summit

The opening day of the SBC Digital Summit will see many of the industry’s highest-profile CEOs share their vision of how sports betting operators can survive the downturn caused by the COVID-19 pandemic and bounce back stronger than ever.

Submitted by Press Release on, Apr/08/2020

eSports Betting Gets Boost During Covid-19

eSports Betting Gets Boost During Covid-19

eSports betting is filling the void as most sports are taking a vacation with the current coronavirus pandemic having a stranglehold on much of the world right now.

Submitted by Aaron Goldstein on, Apr/07/2020

What Are the Odds of Your Sportsbook or PPH Shop Staying in Business?

What Are the Odds of Your Sportsbook or PPH Shop Staying in Business?

Everyone knew that the coronavirus would be bad. Yet, even the darkest forecast could not predict just how bad the whole situation has become. The sports betting industry has basically ground to a halt with every major sports betting event off the board. Even the most successful sports betting operations are feeling the pain in a situation that could get even worse before it starts to get better.

Submitted by C Costigan on, Apr/07/2020

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