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Business & Industry, 10 years ago

Three Casinos Being Closed in Russia to Help Sochi Prosper

BIG:T;hree casinos in Russia, Oracul, Shambala and Nirvana are scheduled to close by April, the Russian government announced. Even though these three casinos were very successful during the

Business & Industry, 10 years ago

Online Gambling Sites Blocked in Singapore

BIG:T;hanks to the Remote Gambling Act passed in Singapore in 2014, starting with February 2nd Singapore has started blocking hundreds of unauthorized gambling sites. Singapore Financial

Business & Industry, 10 years ago

Smoking Will be Banned in Macau Casinos

BIG:M;acau, the world largest center for gambling, has received the bad news. The government has decided to propose a full smoking ban in casinos, including the VIP rooms. Macau’s revenue

Business & Industry, 10 years ago

James Packer's Casino Deal in Sri Lanka Falls Through

BIG:J;ames Packer, Australian billionaire, is no longer welcome in Sri Lanka after he abandoned the Crown Resorts project (including casino) worth $350m because the new government decided to withdraw

Business & Industry, 10 years ago

Bitcoin Value Takes another Dive

Big:D;espite all the market developments, it seems that Bitcoin will not become stable that soon. The first month of the new year was quite bad for the cryptocurrency, as it hit its low when the

Business & Industry, 10 years ago

Full Flush Poker Offers Super Bowl Special $25K GTD

The excitement of Super Bowl Sunday is fast approaching and U.S.-friendly Full Flush Poker is pumping some air into that excitement by hosting a $25K GTD tournament about four hours before the big

Business & Industry, 10 years ago

High Profile German Gambling Sites Leaving the Market

BIG:S;everal high-profile German sites will say goodbye to the internet market at the beginning of February. The main reason for this decision probably resides with the regulatory situation in

Business & Industry, 10 years ago

Coinbase Operations not Licensed in California and New York

BIG:E;arlier this week Coinbase announced the launch of the first regulated Bitcoin exchange in the US. The company stated in their blog that the Coinbase users based in one of 24 regulated US states

Business & Industry, 10 years ago

Online Gambling Regulation in South Africa on Hold

BIG:S;outh African politician Geordin Hill Lewis recently presented revised version of an online gambling bill and was very optimistic, believing that it would be approved. However, despite his

Business & Industry, 10 years ago

Coinbase Launching First Regulated Bitcoin Exchange in US

Big:C;oinbase will become the first US licensed Bitcoin provider. According to a report from gizmodo.com, Coinbase is expected to start offering its services to US citizens today and will be

Business & Industry, 10 years ago

New Bill Proposed to Legalize Fantasy Sports in Washington State

BIG:I;t is a well-known fact that Washington State has very strict and harsh gambling laws that go so far as to put fantasy sports under the subheading of gambling. Those playing in online

Business & Industry, 10 years ago

Mike Matusow and Mizrachi Brothers Representing a New Bitcoin Poker Site

Get Lucky Poker open to Americans and will be fronted by some of poker's biggest names

Business & Industry, 10 years ago

Malta Making 12% of Its GDP From Online Gambling

big:W;hen it comes to making money off of online poker and gaming in general, it is well understood that the players are not the ones taking home the majority of the profits; in fact most players

Business & Industry, 10 years ago

Winning Poker Network CEO Reveals Future Plans

The Winning Poker Network (WPN) continues to attract players worldwide, including the U.S., and some of those players peppered network CEO Phil Nagy with questions the other day.As has been done

Business & Industry, 10 years ago

Former Atlantic City Casino Workers to Receive $29m in Federal Assistance

BIG:2;014 was certainly a tough year for Atlantic City casino workers. However, things are looking up at least a little for some of them, as they will receive $29 million in federal assistance.