Category: Gambling Feature Stories
Realistic Games goes live with two new slots
iGaming Business – Gaming content supplier Realistic Games has announced the launch of two new multi-platform slot games. Mobile and desktop versions of ‘6 Apparel’ and ‘Jackpot Cherries’ will be rolled out across a host of operators and will also be available to new Realistic Games clients. Five-reel 6 Apparel features a top prize of 2,000 times the total stake, which is awarded when five 6 Apparel symbols line-up on any of the 20 win lines. Jackpot Cherries is a three-reel slot that features a traditional one-line arcade-style slot with nudges and holds, as well as a top prize of…
Toronto’s Bitcoin Expo Gives Some Hope for Online Gamblers
OSGA – Last weekend the Bitcoin Alliance of Canada hosted the first bitcoin expo in Toronto and while there were no easily recognizable names like Bill Gates or Warren Buffet in attendance, the conference was filled with individuals who are well versed and connected with bitcoin. Erik Voorhees who has generally been the spokesperson for the virtual currency in the United States was unable to attend so it was left to Anthony Di Iorio, the executive director of the Bitcoin Alliance of Canada and the event organizer, Andreas Antonopoulos who is an author and expert on bitcoins and Stuart Hoegner…
Nevada legalization of medical marijuana presents issues for casinos
Las Vegas Review Journal – Like much of Nevada, the casino industry is grappling with issues surrounding medical marijuana. So much so that gaming companies and regulators have had little to say publicly about doctor-prescribed pot. Medical marijuana has been legal in Nevada since 2000, but it took state lawmakers 14 years to allow dispensaries to operate. Now, with a state law in place calling for up to 66 potential medical marijuana outlets throughout Nevada, the issue is finding its way into gaming headquarters. No one has suggested Nevada casinos offer medical marijuana dispensaries as part of their retail amenities….
Sorting Out the Law Behind Phil Ivey’s Edge Sorting Debacle at Borgata
Poker News – PokerNews contributor and East Coast-based attorney Maurice “Mac” VerStandig is an expert on the American gaming scene. Well-versed in casino management from common issues of fraud and theft prevention to the Unlawful Internet Gambling Enforcement Act and Indian Gaming Regulatory Act, VerStandig has a strong background in bankruptcy work and is also skilled in the strategic valuation and monetizing of complex assets. He applies that knowledge to all areas of his practice, from fraud recoveries to traditional insolvency proceedings. Here, VerStandig takes a look at the Borgata lawsuit against Phil Ivey and offers his opinion on its…
Fire Disrupts Gibraltar Online Gambling Industry
An explosion and fire have disrupted a number of Gibraltar online gambling operations on Sunday. Most residents of the British territory were also left without power. Local media reported a generator at Waterport Power Station caught fire and exploded due to a mechanical failure. No-one was injured, but the outage shut down the online betting operations of several firms, including William Hill, Betfred and Ladbrokes, which are based in Gibraltar. Online gambling is an important part of Gibraltar’s economy with international companies choosing to base themselves there because of the territory’s low taxes. The outage meant many people were unable…
Deutsche Bank Looking To Sell Cosmopolitan in Las Vegas
Card Player – Deutsche Bank is in talks with potential buyers of the Cosmopolitan on the Las Vegas Strip, Bloomberg reported this week. The bank has owned the property for a handful of years. Germany’s largest bank could be looking for more than $2 billion for the casino, hotel and resort, and has attracted at least four possible bidders, the report said. The property’s actual value could be around $1.5 billion. According to the report, the complex “cost more than $3.9 billion to build and has never turned a profit…The Cosmopolitan reported 2013 earnings—before interest, taxes, depreciation and amortization—of $103…
















