SlotZilla Zipline at the Fremont Street Experience!

This Week in Gambling – We always bring you updates from downtown Las Vegas! People want to know what’s going on at the Fremont Street Experience! Now, they can boast one of the most exciting thrill rides in Sin City… and this town has quite a few! Over 100 feet in the air, riders are “shot” from the top of Slotzilla zipline in the prone position… flying over Fremont Street like Superman… at 35 miles per hour! Not faster that a speeding bullet, but fast enough for the average thrill seeker! Watch J Todd’s interview with Fremont Street Experience representatives…

Hedge Fund Managers Take on Adelson Over The Future Of Gambling

Forbes – In November George Soros, John Paulson and Leon Cooperman, three of the most successful hedge fund managers ever, quietly participated in a rights offering and became major shareholders in Caesars Acquisition Co., a spinoff from casino company Caesars Entertainment CZR -1.94% that has ownership in Caesars’ online gambling assets. Their stakes–previously unreported–are all part of an unprecedented bet on the future of the $60 billion casino business in America, as states from New Jersey to Delaware and Nevada legalize a practice that the Department of Justice said was illegal just two years ago. They were joined by billionaire…

Bitcoin value crosses $1,000 as Zynga accepts payments

iGaming Business – The value of Bitcoin has again topped $1,000 (€743.4) after social gaming company Zynga announced it would start accepting the virtual currency as a payment option for gamers that buy tokens for virtual goods. According to the BBC, the move from Zynga comes shortly after Android-based video games console-maker Ouya began accepting Bitcoin payments last month. The Humble Bumble organisation that sells a changing selection of indie games also began accepting the virtual currency in 2013. The Zynga Bitcoin test will be available on the online versions of social games FarmVille 2, CastleVille, ChefVille, CoasterVille, Hidden Chronicles,…

Nations In Africa Embracing Online Sports Betting

Online-Casinos.com – Many of the worlds gambling jurisdictions have accepted the fact that the internet and gambling on it is here to stay and there is little some governments can do to curtail it. On the North American continent there are three major areas that produce millions of bets per month coming from Mexico, Canada and the USA. South America represents an enormous market in many countries on that part of the planet. Europe and its Union holds the key to a successful understanding of a workable universal platform for the regulation of online gambling. Then there is Asia which…

Asia’s gaming industry is on a roll

Finance Asia – Asia’s gaming industry is on a roll and attracting a wider array of investor as dominant centre Macao continues expanding and as rival locations emerge. Because casino developments are capital-intensive and can take 2-3 years to complete, gaming companies have historically tended to attract different types of investors with different needs over different phases of a development. They have tended to raise funds in a cycle by issuing equity first and then high-yield or convertible bonds and, finally, by getting syndicated bank loans, industry experts say. But what’s evident from the gaming sector’s capital raising efforts in…

Bitcoin vs Big Brother

There’s Bitcoin. Then there’s Big Brother. And you don’t need to be a particularly virulent pessimist to notice something phony about this glorious economic recovery we’re supposedly experiencing. All you need to understand is that since the 2008 crash, nothing has been done to address the terrifying underlying problem that got us there: governments — our government especially, since we are one of the most indebted in the western world — are spending far too much money we haven’t got on crap (from overgenerous welfare to HS2) we can’t afford. This can only end very, very nastily. So what possible…