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Archive for May, 2017

Gambling Rate Among Macau Locals Higher in 2016
Written by A. Mitchell | Wednesday, May 31st, 2017

While Macau’s casino industry is big business and generates huge amounts of revenue each year for the Chinese government, the country’s authorities are also keen to ensure that its gambling market is not negatively impacting the lives of those citizens... 

Negreanu Offers Even Odds for Winning 3 Bracelets at WSOP 2017
Written by M. Rhodes | Wednesday, May 31st, 2017

Daniel Negreanu is the world’s number one poker tournament winner with $33,393,784 in live earnings, half of which has been won at the annual World Series of Poker in Las Vegas. Since his first cash at the prestigious tournament series back in 1998, Negreanu... 

Bitcoin Fluctuations and the Gambling Industry
Written by B. Solomon | Wednesday, May 31st, 2017

Bitcoin has risen to prominence over the past few years, and is increasingly being accepted as a means of payment for online goods and services, including by the gambling industry. Amongst the innovative cryptocurrency’s many benefits is the fact that any... 

Top Bracelet Contenders at the 2017 WSOP
Written by A. Mitchell | Tuesday, May 30th, 2017

The 48th World Series of Poker gets underway tomorrow at the Rio All Suite Hotel & Casino in Las Vegas, with the seven-week long tournament extravaganza drawing the game’s most talented poker players from all across the globe to the famous desert resort.... 

Pa Senate Green Lights Online Gambling Bill
Written by B. Solomon | Tuesday, May 30th, 2017

Last week, the Pennsylvania Senate passed an omnibus gambling bill that covers a wide range of activities from land-based to online casinos, in addition to internet lottery games, and daily fantasy sports. The bill (H 271) had first passed two committee stages... 

Casino Sues Olympic Medalist Over $328k Gambling Debt
Written by B. Solomon | Tuesday, May 30th, 2017

A Chinese 2-times Olympic gold medal winner is being sued by Marina Bay Sands (MBS) casino in Hong Kong over S$454,375 (US$327,480) in unpaid gambling debts. Apparently, Kong Linghui borrowed S$1 million (US$721k) from the gambling venue back in February of 2015,... 

Longyun Li Claims Poker King Cup Macau Victory
Written by B. Solomon | Tuesday, May 30th, 2017

The Poker King Cup Macau Main Event was held at the Venetian Macau Resort & Hotel with 490 players entering the HK$16,500 (US $2,117) buy-in tournament to create a prize pool of HK$ 7,129,500 (US$914,712). By the end of four days of action, it was China‚Äôs... 

Poker Tweets: Cash versus Tournament Players?
Written by M. Rhodes | Tuesday, May 30th, 2017

Here are a selection of someof the best tweets coming from your favorite pros over the past week, starting with Daniel Cates, who decided to view his opinion on the whole tournament versus cash game player debate: Daniel Cates “It feels like anyone who plays... 

Dan Bilzerian Invests Just Prior to Bitcoin Correction
Written by M. Rhodes | Tuesday, May 30th, 2017

The cryptocurrency market has been on fire over the past few months, led by Bitcoin which soared to around $2,500 last week, a development which grabbed the attention of eccentric millionaire playboy Dan Bilzerian. No longer able to stand on the sidelines and watch... 

UK Gambling Industry at an All Time High
Written by B. Solomon | Friday, May 26th, 2017

The UK has one of the world’s most progressive and thriving gambling markets, which each year seems to experience exponential growth. The latest results released by the UK Gambling Commission have proved no exception, either, and for the 12-month period between...