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Pennsylvania Sports Betting Saves the Day
Despite land-based casinos making nearly $8 million less than they did in July, Pennsylvania sports betting was able to bring in $580 million in August, which was the second highest total ever. Even though casinos in the state were down from the previous month, generating just over $415 million, it was still a 46% increase […]
read moreHappy Halloween Online Slot from Play’n GO
Here we go! Right before the scary holiday we’re rolling out our review for the Happy Halloween online slot from Play’n GO! This is a 5 reel, 50 payline game with both tricks and treats, Bonus Spins, plus Wild and Scatters! And if you’re feeling lucky, take advantage of the Gamble Feature! Play’n GO got […]
read moreSkrill USA Brings iGaming Payments to the Next Level
Skrill USA, the digital wallet from leading specialized payments platform Paysafe (NYSE: PSFE), unveiled a major product revamp on Thursday. It is now it easier and faster than ever to wager online with iGaming brands. The first of several planned upgrades equips the Skrill wallet, which is specifically tailored for iGaming. It include all the features […]
read moreEntain Extends”Put Up or Shut Up” Deadline for Draftkings Takeover
Draftkings is faced with an extension of its “Put Up or Shut Up” deadline for a decision on a formal offer for Entain plc. with one month and has until November 16, 2021. The gaming conglomerates continue their dialogue to narrow down the details of a possible deal. Talks on the specifics of the takeover seems to […]
read moreBanks in Spain Ready for the Green Light on Crypto Services
Spanish banks are preparing to start offering cryptocurrency services to their customers and will start to comply with new regulations. The Bank of Spain is creating an overview of virtual asset service providers and custody companies and Spanish banks are working hard to make it to the list. The list needs to be finalized before […]
read moreAffected Mt. Gox Users to Receive over $9 Billion in Bitcoin
According to a rehabilitation plan document filed with the Tokyo District Court for the closed-down crypto exchange Mt. Gox, creditors can expect to recover more than $9 billion worth of Bitcoin. Mt. Gox went offline in February 2014 a substantial hack by which at the time almost half a billion USD was taken. At the time, it […]
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FTX Raises $420,690,000 and is Valued at $25 Billion
Bahamas-based crypto exchange FTX revealed on Wednesday it had raised $420,690,000 in a Series B-1 funding round. Sixty-nine investors, including BlackRock and Tiger Global, were involved and able to get a share in the fastest growing crypto business. With the latest funding, the exchange is valued $25 billion, a near 39% spike since the Series B […]
read moreNew York Mobile Sports Betting Tax Now at 64%
If you thought that the proposed 50% tax rate for New York mobile sports betting was too high, then brace yourselves. The State Gaming Commission has just confirmed that the new and improved tax rate will be no less than 64%… the highest in the nation. The operators who applied for licenses to provide mobile […]
read moreAxie Infinity Early Investor, Animoca Brands, Valued at $2.2 Billion
Large investor in non-fungible tokens (NFT) and decentralized gaming, Animoca Brands, has completed the raise of $65 million capital, thereby realizing a $2.2 billion valuation. The news was announced by the company on Wednesday as investors in the round included Liberty City Ventures, Ubisoft Entertainment, Sequoia China, Dragonfly Capital, Com2uS, Kingsway Capital, 10T, Token Bay […]
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Bitcoin Smashes All-time High, Next Stop $74,000
On Wednesday, Bitcoin (BTC) smashed its April all-time high and almost hit the $67,000 for a new high of $66,930.39 according to CoinMarketCap data. And the good news is that there is more to come, analysts expect, with a 2nd Bitcoin ETF about to launch in the U.S. this Friday. Hitting its all-time high of […]
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