Good ideas come from bad ideas, but only if there are enough of them.
—Seth Godin
14th December 2017  
 
  INVITE FRIENDS!
 
 
 
The Story

New Jersey Division of Gaming Enforcement (DGE) figures showed that state-licensed online gambling operators generated revenue of $20.6m in November, up exactly one-fifth from the same month last year. The online casino vertical posted its usual gaudy gains, rising 24.6% to $18.8m. For the year-to-date, overall online revenue is up 26.1% to over $224.8m, with casino rising 31.6% to $202.5m.

 

Sadly, the same cannot be said for online poker.

Online poker tumbled 13.1% to $1.8m, not far off the poker vertical's historic low of $1.73m set this June. Clearly, New Jersey’s online poker sites are hoping to get a boost from the interstate liquidity pact with Nevada and Delaware, and the plan to share liquidity with operators in certain international jurisdictions.

 
 
 
 
 
 
 
 
 

Top 10 conference recap videos of 2017

As the year draws to a close, CalvinAyre.com's Becky Liggero looks back on her fondest iGaming conference memories of 2017.

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Privacy protocol 'shuffles' transactions for Bitcoin Cash

CashShuffle has released a protocol that implements CoinJoin that jumbles inputs and outputs from multiple transactions into one and making it difficult to determine whose transaction is what, marking "the beginning the Bitcoin Cash's direct competition with other privacy-related coins."

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We're growing our team

CoinGeek.com is looking for news writers, columnists and social media mavens to help us by sharing their knowledge and technical analysis of the latest events in the cryptocurrency industry.

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  ASIA
Turkish imams issue lottery fatwa, slam ‘deceptive’ cryptocurrencies

The country’s top religious body has reiterated its stance that purchasing lottery tickets is forbidden because “all gambling games are based on one of the sides winning and the other losing.” Muslims are also forbidden to use a cryptocurrency that could lead to “unjustifiable and unjust enrichment.”

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  SOUTH AMERICA
Brazil’s senate scrap gambling vote, likely until next year

Wednesday’s scheduled vote on the Brazilian Senate’s oft-delayed PLS 186/2014 gambling legislation by the Constitutionality and Justice Committee (CCJ) was abandoned shortly after the CCJ began its weekly meeting due to legislators being summoned to an urgent plenary session of Congress.

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  NORTH AMERICA
Mohegan Sun Pocono fined $1m

Pennsylvania gaming regulators imposed a $1m penalty on Downs Racing, a subsidiary of Mohegan Gaming & Entertainment, which operates the Mohegan Sun Pocono casino. The fine stemmed from the casino’s failure to follow internal controls and also for “conducting business with unlicensed gaming service providers.” 

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  FACT YOU NEED TO KNOW
 

French emperor Napoleon Bonaparte loved Blackjack and would often play for hours, especially during his five years exile on St. Helena, the tiny island in the South Atlantic where he was placed after his escape from Elba and his ultimate defeat at the Battle of Waterloo. 

 
 
 
 
 
 
 

A Bitcoin Cash world with Dr. Craig Wright

In this talk, the chief scientist of nChain will share his vision for “Bitcoin Cash World,” where Bitcoin is used on a daily basis by merchants, consumers, banks, and other participants across the world’s economy. 

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Congratulations are in order for Jared Jaffee, Ari Engel and Mike Dentale! Jaffee earned himself another trinket after taking down the World Series of Poker Circuit $1,675 buy-in Main Event, while Engel took home the Player of the Year award after winning the Heartland Poker Tour Season XIII Championship, and Dentale overcame a field of 235 entrants to win the Card Player Poker Tour Main Event at the Venetian.

 
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