#Philander

One morning last year, Australia's youngest billionaire Ed Craven woke up to the news that one of his celebrity partners, the rap star Drake, had won US$38 million in Bitcoin gambling on his cryptocurrency betting site Stake.com. Don't have an account? Create Account "That was a tough morning," recalled Craven. But on the whole, his business has…

Soon, three new full-scale casino licenses will be issued in the New York City area, and business interests from across the globe are looking to get in on the action. Among those vying for the rights to develop their gambling and leisure megacomplexes - the licensing fee is $500 million with a minimum investment of another $500 million in the…

Derek Stevens wasn't sure how his customers would respond eight years ago when he began accepting Bitcoin for select non-gaming transactions at the D Las Vegas and Golden Gate. He thought guests would use the digital currency for splashy purchases, such as hotel rooms or meals at the D's American Coney Island and Andiamo Italian Steakhouse.…

This is the latest installment of an ongoing series, "Rolling the Dice," which is taking a deeper look at the perennial question of whether gambling should be legalized in Hawaii. Hawaii has considered many gambling proposals over the last three decades, ranging from a lottery to floating casinos in Honolulu Harbor. The Legislature also weighed…

The legalization of online gambling across the U.S. will bring tax revenue which may prove to be vital, considering the economic impact of the pandemic in 2020. Considering the significant number of gambling retails in Nevada, the state may not engage in expanding of iGaming beyond online poker. The U.S. iGaming market has been slowly growing since…