We make a living by what we get, but we make a life by what we give. —Winston Churchill |
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14th June 2018 | SHARE THIS | ||||
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The Story | |||||
New Jersey’s Division of Gaming Enforcement (DGE) has published the newly approved temporary regulations that will guide sports betting in the state a day before the first legal sports wager is set to be made. |
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Regulators have 270 days to come up with permanent regulations. |
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Here are some salient points of the temporary rules issued by the DGE: first, an initial license will cost a minimum of $100k and a retainer fee of $250k must be paid to cover startup costs; second, land-based wagering at Atlantic City casinos will be taxed at 8.5%, while online wagering will face a 13% rate; third, a patron’s maximum allowable wager is pegged at $5m; and fourth, instead of an integrity fee, sportsbook operators are required to “have controls in place to identify unusual betting activity.” |
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Change is good! What to expect at iGB Live! 2018 |
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CalvinAyre.com’s Becky Liggero breaks down the five exciting changes that were introduced by Clarion for this year’s iGB Live! |
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Price manipulation campaign inflated BTC price in 2017, research finds |
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University of Texas professors, in their research paper titled “Is Bitcoin Really Un-Tethered?,” claimed that the actions of a few big players pushed the Bitcoin price to its record levels last year. |
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Ex-immigration official named ‘main plunderer’ in Jack Lam bribery case | |||||
Former Bureau of Immigration Deputy Commissioner Al Argosino and two others were identified as those involved in extorting PHP50m (US$939,750) from casino and online gambling operator Jack Lam. |
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Suncity expanding clout in Asia with potential casino acquisitions | |||||
The Hong Kong-listed company is looking at several casinos in South Korea, the Philippines, Russia and Myanmar to fulfill its desire to diversify its business. |
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Atlantic City’s casino tables bleed red ink in May | |||||
Atlantic City saw its casino table games revenue tumble last month, sending the total gambling revenue of its seven casinos at $217.7m, about 5.1% less than they earned in May 2017. |
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Borgata second–in–line for New Jersey sports betting on Thursday | |||||
Casino operator MGM Resorts announced that its Borgata property in Atlantic City will take its first legal sports wager on Thursday, roughly a half hour after state racetrack Monmouth Park takes the first legal sports bet in the state. |
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Imperial Pacific sues Chinese VIP over $5m gambling debt | |||||
The Saipan casino operator filed a lawsuit against Yonglun Bao, a high-roller from China who failed to pay his $5m gambling debt. |
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Opt-In – A term in email marketing which refers to subscribing to an email list. The subscriber can often indicate areas of personal interest and/or indicate what types of emails they wish to receive from the sender. |
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CryptoFriends will celebrate its 1st Birthday on the “Blockchain Island” |
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The blockchain and cryptocurrency events company is turning 1 and has organized an island party in Malta for industry experts, sponsors, crypto enthusiasts and investors. |
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Still thinking what you will give to your poker-loving father for Father's Day? Fortunately, Daniel Negreanu was recently tapped by Masterclass to teach everything he knows about poker. Negreanu’s course has more than 33 videos, a workbook, and quizzes. | |||||
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Want to be a guest contributor? Email [email protected] |
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