Goodwill is the one and only asset that competition cannot undersell or destroy.
—Marshall Field
5th January 2018  
The Story

The Lucky Dragon Hotel & Casino in Las Vegas has announced that it is “temporarily” closing “all gaming and restaurant operations,” saying that this will be in line with the “process of repositioning” the Asian-themed venue.


The move is the latest in a string of unfortunate events for Lucky Dragon.

The casino had a tough time since its soft opening in November 2016. By March 2017, the casino was forced to close its food court, rendering around 100 employees unemployed. Chinese gamblers also slammed the casino's “comparatively stingy gaming and comp policy.” The theme of the casino also didn't win the favor of its non-Asian clientele. The latest move to close all gaming venues and restaurants has resulted in the layoff of a still undetermined number of employees.


The Industry Eye - Season 3 Episode 6

In this edition of the Industry Eye, Ed Pownall talks about Oulala CEO's worries that the video gaming industry is colonizing the iGaming industry, how people can get Bitcoin Cash, and what Germany needs to do to secure another World Cup title.


Suitability concerns spur Merrill Lynch to ban BTC fund, futures trading

The Wall Street brokerage firm issued an internal memo barring its roughly 17,000 financial advisers from pitching investments related to SegWit1X (BTC) and executing client trading in the Grayscale Investment Trust Bitcoin fund (GBTC).

India's Poker Sports League inks Dsport broadcast deal

India's Poker Sports League (PSL) has inked a television rights deal with Indian sports broadcaster Dsport. The deal will allow Dsport to broadcast season two of the PSL, the first time that such event will be covered on Indian television.

Poland's monopoly online casino launch delayed until H2

Deputy finance minister Piotr Walczak has announced that the national lottery operator's online casino site won't be ready to go live until the third or fourth quarter of 2018. The announcement came months after Poland amended its gambling laws to allow online casino, poker and bingo products.

Miami commission approves bay site lease for Genting marina project

The Miami City commission has approved the leasing of the city's bayfront bottomlands, allowing Resorts World Miami LLC to build a world-class marina. Genting may be able to expand the marina to have 50 slips following the commission's approval.


Probabilistic — the term refers to the usage of data points to guess who the consumer is on the other side of the screen. This type of data is considered less accurate than deterministic data. However, many people say the most accurate results come from a mix of probabilistic and deterministic data.


Kambi and Napoleon Games agree multi-year contract extension

Premium sportsbook supplier Kambi has renewed its contract with Napoleon Games for the second time, ensuring Napoleon will continue to benefit from Kambi's full suite of online and retail products which include its price differentiation tool, real-time bonusing features, and market-leading Instant Betting offer.


Calling everyone who are interested in Bitcoin and blockchain technology in Central Europe! The Blockchain and Bitcoin Conference Switzerland will be held in Geneva on February 21, 2018. The conference features a line-up of speakers who will discuss various issues such as crypto economy features, blockchain investments, and data protection using cryptography.

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