Pennsylvania Casino Industry Posts Record Revenues

Pennsylvania Casino Industry Posts Record Revenues

Sands Bethlehem, which captured the lion’s share of Pennsylvania’s record table game haul, but missed out overall to its closest rival, Parx Casino.

Pennsylvania’s casinos reported the best results in their history that is nine-year for 12 months ending June 30, 2016. According to the Pennsylvania Gaming Control Board, income from slots and table games topped $3.2 billion for the period, toppling the record that is previous $86 million. Year table games revenue alone was $839 million, up nearly 8 percent on last.

Sheldon Adelson’s Sands Bethlehem may be the casino that is biggest in the state and, needlessly to say, it took the lion’s share of dining table games income, some $228.1 million, up 12.4 percent year-on-year, and dwarfing its closest competitor, Parx Casino, which took $155 million.

Rogue Chip Smuggler

Sands achieved this impressive figure, incidentally, inspite of the revelation that one of many casino’s dining table game supervisors was charged today with removing high-domination chips from the casino secreted in her bra.

Local girl Brandy Micheli-Cheatham, 44, ended up being spotted by eagle-eyed security staff stuffing six chips that are purple each worth $500, into her underclothing. She admitted to your crime after being apprehended by casino staff who had initially figured she ended up being just pleased to see them.

Despite all the exciting interruptions down at the Sands, Adelson’s joint was not top of „Pennsylvania Casino Industry Posts Record Revenues“ weiterlesen

USFantasy Sports Approved by Nevada Gaming Commission

USFantasy Sports Approved by Nevada Gaming Commission

Nevadans will be in a position to play a form of daily fantasy contests after USFantasy Sports was approved by the state’s Gaming Commission.

The USFantasy Sports pari-mutuel system that is betting by Las Vegas gaming veteran Vic Salerno happens to be approved by the Nevada Gaming Commission. The unanimous vote in support returns daily fantasy sports contests to the Silver State, albeit in an arrangement that is refurbished.

USFantasy will greatly differ from DraftKings and FanDuel, the two DFS market leaders. Instead of picking a roster of players under a group salary cap restriction, USFantasy will mimic how pari-mutuel horse racing is currently wagered.

‚we have been actively working with the legislative and regulatory bodies of several states to propose the adoption of the USFantasy platform as a way that is turn-key regulate, provide tax income, and gives a fair platform for fantasy sports,‘ Salerno said. ‚We think that USFantasy is promoting a great contest format that will interest all levels of contestants.‘

USFantasy is anticipated to be ready to go in August.

Pari-Mutuel DFS

Therefore just how exactly will USFantasy provide competitions on professional sports? The training curve will be quite minimal for anybody who’s ever bet on a pony.

With football, the most popular DFS sport in America, contests will be based on certain jobs such as quarterback, operating right back, wide receiver, tight end, kicker, and so „USFantasy Sports Approved by Nevada Gaming Commission“ weiterlesen

Pokémon Go Investors Betting on Nintendo, Gamblers Betting on Lines

Pokémon Go Investors Betting on Nintendo, Gamblers Betting on Lines

Pokémon Go has taken the globe by storm, and casinos are prepared to cash in on the Nintendo app’s runaway success. Based on the franchise that is popular debuted in 1996, Pokémon Go features augmented reality (AR) game play that challenges users to re capture Pokémon and train them for battle.

The Pokémon Go Nintendo app has overwhelmed vegas, therefore the World Series of Poker at the Rio and one or more other casino are already catering to your popular trend that is new. (Image: Pokemon Go Las Vegas/twitter.com)

Pokémon appear throughout the global world, and players chase the figures through GPS-enabled location technology. First released on July 6, Pokémon Go has been downloaded more than 15 million times in its week that is first alone.

The gaming that is new has quickly attracted the interest of America’s gaming epicenter: Las Vegas. An official Pokémon stop where supplies can be purchased at least one casino is rushing to make its resort.

And offshore, sports publications are looking to cash in while the trend is red-hot.

Irish bookmaker PaddyPower ran a line asking once the game would fall from being the many app that is downloaded. Meanwhile, down under in Australia, Sportsbet has a variety of wagers. including which politician will first play the overall game, and whether Pokémon Go will overtake Twitter for most users that are daily. „Pokémon Go Investors Betting on Nintendo, Gamblers Betting on Lines“ weiterlesen

Cryptocurrency Platform Ethereum Raided by Hacker, $50 Million Stolen

Cryptocurrency Platform Ethereum Raided by Hacker, $50 Million Stolen

A hacker removed $50 million in Ether through the Decentralized Autonomous Organization, plunging investors in to a panic, however some argue that no theft has occurred.

Ether, the digital money that has been billed as the ’next‘ bitcoin, plunged in value on Friday when a hacker exploited a software flaw in the Decentralized Autonomous Organization (DAO), delivering the same as $50 million Ether into the ether and the cryptocurrency investment community into a panic.

If this appears bewildering, we are going to try to explain.

Ether could be the currency supported by the Ethereum blockchain, a platform designed to produce greater flexibility for decentralized peer-to-peer-traded currencies than tasks developed on top of the bitcoin protocol. Ethereum permits the creation of ’smart agreements,‘ which enables a variety of business deals and maybe not just currency transfers.

The DAO is a completely leaderless organization built on the Ethereum platform and run entirely on computer rule. It utilizes these smart contracts to develop a venture capital fund devoted to sponsoring cryptocurrency that is new. All DAO choices are taken using a vote of its people whom use electronic tokens, purchased with Ether, to register their vote. In this manner, DAO had raised $162 million to help fund fledgling tasks.

Remain Calm

But DAO members watched in horror, in real-time, on as a hacker exposed a software flaw to siph „Cryptocurrency Platform Ethereum Raided by Hacker, $50 Million Stolen“ weiterlesen