# ‘If the water’s too clean there’ll be no fish’: China’s CBDC may hurt Macau’s casinos

# ‘If the water’s too clean there’ll be no fish’: China’s CBDC may hurt Macau’s casinos

“# ‘If the water’s too clean there’ll be no fish’: China’s CBDC may hurt Macau’s casinos ” China’s central bank digital currency is expected to further exacerbate Macau’s declining gambling revenues. According to a Dec. 2 article from Bloomberg, junkets — Macau businesses that act as middlemen to facilitate visits by China’s high-roller gamblers —…

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#Wynn Resorts loses bid to partner with Sinclair: sources

#Wynn Resorts loses bid to partner with Sinclair: sources

“#Wynn Resorts loses bid to partner with Sinclair: sources” Wynn Resorts just lost a bid to secure a toehold in the burgeoning TV sports gambling sector — and some insiders fear it may have been the casino empire’s biggest and last chance. Las Vegas-based Wynn — which has struggled since its billionaire founder Steve Wynn…

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#Hedge-fund investor Soo Kim’s Twin River OK’d to run Bally’s casino

#Hedge-fund investor Soo Kim’s Twin River OK’d to run Bally’s casino

“#Hedge-fund investor Soo Kim’s Twin River OK’d to run Bally’s casino” New Jersey gambling regulators gave approval Thursday to hedge-fund investor Soo Kim’s gaming company, Twin River Worldwide Holdings, to operate Bally’s casino and quickly invest in renovations and repairs to Atlantic City’s poorest-performing gambling hall. The New Jersey Casino Control Commission allowed the Rhode…

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# Chainlink brings Verifiable Randomness to Ethereum mainnet, keeps other chains in sight

# Chainlink brings Verifiable Randomness to Ethereum mainnet, keeps other chains in sight

“# Chainlink brings Verifiable Randomness to Ethereum mainnet, keeps other chains in sight ” Chainlink’s verifiable randomness function, or VRF, has made its way to the Ethereum (ETH) main net. VRF will provide a decentralized source of randomness for the project’s decentralized ecosystem.  A trusted source of randomness is essential for many applications, such as those…

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#How casino hosts lure in big gamblers

#How casino hosts lure in big gamblers

“#How casino hosts lure in big gamblers” You’d think it would be simple to drop millions of dollars at a casino. But extracting that kind of dough tends to require a delicate dance between casino, player and host: the person charged with luring gamblers to bet big and lose big. It can involve private jets,…

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