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Crypto betting platform Stake reportedly had revenue of $4.7 billion in 2024, rivaling traditional betting platforms. Crypto casinos generated more than $81 billion in revenue in 2024, even as regulators in key jurisdictions continued to block access to the platforms, according to a new report. Citing data from the anti-online-crime platform Yield Sec, the Financial…
” Snoop Dogg revealed as co-founder of Web3-powered livestream platform “ American rapper and actor Snoop Dogg has been revealed as one of the co-founders of a Web3-powered live streaming app called “Shiller” — adding to yet another Web3 partnership fothe well-known hip-hop artist. The app is described as a “live broadcast platform” that aims…
“Jay-Z joins Times Square team bidding for prized NYC casino” SL Green and Caesars Entertainment have a glam new partner in their hoped-for Times Square casino — Brooklyn-born billionaire rapper and entertainment impresario Jay-Z and his Roc Nation, Realty Check has learned. The three-way partnership, to be announced at SL Green’s annual investor conference on Monday,…
“1 dead in shooting at Mirage hotel on Las Vegas strip” One person was fatally shot inside a Las Vegas hotel room Thursday night, prompting authorities to place the entire building on lockdown. The shooting occurred inside a hotel room on the eighth floor of the Mirage on the Las Vegas Strip, police said. Another…
“Hard Rock, eyeing casino license, put chips behind Hochul” An executive from Seminole Hard Rock casino reportedly sent a brazen “pay to play” email solicitation urging associates to put their chips behind Kathy Hochul’s campaign to be elected governor — as the firm makes an aggressive push to win a license to operate a gambling parlor…
” 5 state regulators allege organization is tied to Russia, scamming users using metaverse casino “ Authorities in the U.S. states of Alabama, Kentucky, New Jersey, Texas and Wisconsin have filed enforcement actions against the Flamingo Casino Club for allegedly perpetrating a scam through nonfungible tokens (NFTs) tied to a metaverse casino. In a Wednesday…
“# Virtue Gaming launches play-to-earn crypto model to bring online poker to US players ” On Friday, Virtue Gaming, a decentralized online poker platform built on the Ethereum (ETH) blockchain, launched the first play-to-earn digital poker casino in the United States. In the U.S., only six states (Nevada, Delaware, New Jersey, Pennsylvania, West Virginia, and…
“#NJ pharma exec Sree Aravapalli killed after followed home from Parx Casino” A wealthy pharmaceutical executive was followed for 50 miles from a Pennsylvania casino to his New Jersey home where he was murdered in an attempted robbery while his wife and daughter were sleeping, according to police. Sree Ranga Aravapalli, 54, cashed out his…
“# SEC chair compares stablecoins to casino poker chips ” U.S. Securities and Commission, or SEC, chair Gary Gensler has doubled down on his “Wild West” analogy for cryptocurrencies, calling stablecoins instruments for gambling at old-timey casinos. Speaking to Washington Post columnist David Ignatius on Tuesday, Gensler said most projects in the crypto space dealt…
“# Ethereum network congestion temporarily shuts down crypto gaming casino ” Congestion on the Ethereum network has forced an online casino to close shop. The development came into light after KingTiger Casino’s official website announced the company’s temporary closure of services. According to KingTiger’s statement: “We have had to temporarily close our casinos due to…