#Sand Vegas

Casino News Daily

Securities regulators in four US states have issued cease and desist orders to Slotie Casino

Securities regulators in four US states have dropped the hammer on a securitized nonfungible token operator. Elia, an iGaming and casino software company in the republic of Georgia has been served with cease and desist orders by state securities regulators from Texas, New Jersey, Kentucky, and Alabama. The orders affected the company's Slotie…
Law
Super Slots
Forbes

Online Casino Slotie Faces Regulator Deadline Over Questionable NFT Sales

Casinos typically abhor clocks, but there is one ticking for Slotie. The online casino headquartered in the former Soviet republic of Georgia will run out of time as soon as Thursday to respond to four U.S. states that effectively booted it out of the country last month, claiming that its sales of nonfungible tokens (NFTs) to finance an…
Crypto
CoinGeek

US regulators crack down on Slotie metaverse casino

Four U.S. state regulators have filed actions against Slotie, a virtual casino they allege lured investors into an illegal gambling operation built in the metaverse. According to Texas, Kentucky, Alabama, and New Jersey regulators, Slotie sold over 10000 NFTs to investors in the U.S. and beyond. These NFTs, it claimed, would entitle investors to a…
Innovation
US regulators crack down on Slotie metaverse casino
Wild Casino

$5,000 Welcome Bonus

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US Gambling Sites

Top Metaverse Casino Games to Play

I wouldn't advise rejecting dinner with the in-laws to play the top metaverse casino games all night. Not usually. But last night, that's precisely what I did. Of course, it was for purely professional reasons. Knowing that I was set to write this piece, I wanted to dive deep into a virtual reality world and try my hand at the top metaverse slots…
Games
Top Metaverse Casino Games to Play
FX Empire

OpenSea Delists Sands Vegas Casino Club NFTs after Cease & Desist Orders

It has been a mixed year for leading NFT marketplace OpenSea. In January, OpenSea saw trading volumes hit a record high before a sharp decline through February and March. NFT market conditions have improved in April, with OpenSea Ethereum (ETH) based NFT trading volumes already sitting above March levels. According to Dune Analytics, Ethereum-based…
Crypto
OpenSea Delists Sands Vegas Casino Club NFTs after Cease & Desist Orders
FX Empire

U.S Virtual Casino Sands Vegas Ordered to Shut Down for NFT Sales

Interest in NFTs and the Metaverse shows no signs of abating. Mainstream players have embraced Web3 and are busy exploring ways to incorporate brands into NFTs and the Metaverse to draw in consumers. Online gambling has gained significant traction over the years. The evolution of NFTs and the Metaverse offer online gambling platforms a new avenue…
Crypto
U.S Virtual Casino Sands Vegas Ordered to Shut Down for NFT Sales
Casino News Daily

Securities agents in five states have turned of the lights at an NFT casino

Securities regulators in Texas and Alabama seem to be on a roll ordering so-called metaverse casinos to stop offering players a piece of the casino action, and this time they are joined by regulators in Kentucky, Wisconsin, and New Jersey as well. The so-called Flamingo Casino Club is under the microscope and has been issued emergency cease and…
Crypto
Securities agents in five states have turned of the lights at an NFT casino
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Yogonet

Five US states order to cease NFTs of metaverse casino with alleged ties to Russia that claims affiliation with Flamingo

U.S. state regulators of Texas, Wisconsin, Kentucky, New Jersey and Alabama simultaneously filed emergency orders Wednesday against a virtual casino they claim has ties to Russia and that has been operating in the metaverse, Flamingo Casino Club, which markets an alleged affiliation with Caesars' Flamingo Las Vegas Hotel & Casino. This follows a…
Innovation
Five US states order to cease NFTs of metaverse casino with alleged ties to Russia that claims affiliation with Flamingo
Online Poker Report

Shutting Down Crypto Casinos Like Playing Whack-A-Mole

Earlier last month, state securities regulators in Alabama and Texas issued cease-and-desist orders against a Cyprus -based company that's been hawking non-fungible tokens (NFTs). It was doing so to operate crypto casinos in the metaverse. The enforcement actions are both the first of their kind and likely not the last. In a particularly gray…
Crypto
Shutting Down Crypto Casinos Like Playing Whack-A-Mole
The US Sun

Metaverse 'gambling casino' NFTs BANNED by two US states in shock crackdown

TEXAS and Alabama have halted the sales of NFTs in metaverse casinos. Securities officials from both US states cited fraud and violation of state regulations as the reasons behind the ban. The Texas State Securities Board (TSSB) filed an Emergency Cease and Desist order that specifically mandated Cyprus-based Sand Vegas Casino Club to stop its sale…
Innovation
Metaverse 'gambling casino' NFTs BANNED by two US states in shock crackdown
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CoinGeek

Texas and Alabama halt sale of metaverse casino NFTs

The state securities regulators in Alabama and Texas have halted the sale of metaverse casino NFTs, saying that the people behind the scheme were fraudulent and violated state securities regulations. In its order, the Texas State Securities Board (TSSB) ordered Cyprus-based Sand Vegas Casino Club and its founders Martin Schwarzberger and Finn Ruben…
Innovation
Texas and Alabama halt sale of metaverse casino NFTs
Casino News Daily

We take a look at Crytpo, NFTs, VR, and AI in online gambling

For all of its affordability and overall accessibility, the so-called Metaverse doesn't seem to offer much to online gamblers. That is a little puzzling especially since online gambling has been driven by technology for decades. Considering the sheer size of the online gambling market adds to the mystery. Solid numbers are hard to come by thanks to…
Innovation
We take a look at Crytpo, NFTs, VR, and AI in online gambling
Times Of Casino

Online Casino Stops NFT Sale Following a Regulatory Issue

NFTs have insinuated nearly every aspect of our lives, from arts and gaming to intellectual rights. However, there are no legal guidelines to instruct what can and cannot be NFTs, and some take advantage of such loopholes to evade legal limitations. One such incident caught the eyes of the state securities regulators in the United States last week.…
Law
Online Casino Stops NFT Sale Following a Regulatory Issue
Beat The Fish

Sand Vegas Online Casino Issued Cease & Desist for Selling NFTs

The concept of the metaverse has been trending lately in the online gambling world, with plenty of poker pros and cardrooms getting involved with NFTs and all sorts of other pursuits in the virtual world. One site, Sand Vegas Casino, may have taken things a bit too far, though, as the site has been issued a cease-and-desist for selling NFTs. If…
Crypto
Sand Vegas Online Casino Issued Cease & Desist for Selling NFTs
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Crypto Briefing

U.S. State Regulators Aim to Shutter NFT Casino

Security regulators in two U.S. states have issued cease-and-desist orders against an online casino offering non-fungible tokens. Alabama's State Securities Commission reported that it has filed a cease-and-desist order against Sand Vegas Casino Club. The Texas State Securities Board has also filed a cease-and-desist order and published its own…
Law
U.S. State Regulators Aim to Shutter NFT Casino
Times Of Casino

State Regulator Orders Online Casino to Stop Selling NFTs in Texas

The states' war with DeFi continues as one online casino was accused of security fraud. The state regulators in Texas and Alabama ordered Sand Vegas Casino Club to shut its NFT business. The casino is reported to have been selling securities illegally under the guise of NFTs. The casino operators went off the grid following this accusation by the…
Law
State Regulator Orders Online Casino to Stop Selling NFTs in Texas
Vegas Slots Online

Regulators Order Virtual Casino Firm to Stop Selling NFTs

Securities regulators in Alabama and Texas have ordered a virtual casino firm to stop selling non-fungible tokens (NFTs). The regulators alleged on Wednesday that by illegally offering unregistered securities, the company was defrauding people. an effort to raise funds to build metaverse-based virtual casinos The firm in question, Sand Vegas Casino…
Crypto
Regulators Order Virtual Casino Firm to Stop Selling NFTs
CoinDesk

Texas, Alabama Securities Regulators Block Sales of ‘Metaverse’ Casino NFTs

Cyprus-based Sand Vegas Casino Club, not to be confused with Sheldon Adelson's Las Vegas Sands, has been ordered by securities regulators in two U.S. states to stop selling NFTs that promise a cut of profits from casinos on Metaverse platforms. Sand Vegas Casino Club is using part of the proceeds from the 11100 "Gambler" NFTs to purchase land in…
Innovation
Texas, Alabama Securities Regulators Block Sales of ‘Metaverse’ Casino NFTs
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PYMNTS

Virtual Casino Firm Ordered to Stop Selling NFTs

Securities regulators in Texas and Alabama on Wednesday (April 13) have ordered Cyprus-based online casino developer Sand Vegas Casino Club to stop selling nonfungible tokens (NFTs), saying the company was offering unregistered securities and defrauding the public, according to a Reuters report. Sand Vegas and co-founders Martin Schwarzberger and…
Crypto
Virtual Casino Firm Ordered to Stop Selling NFTs
The Motley Fool

Are Metaverse Casinos a Good Investment?

With the recent announcement of Atari's (IFGA -1.58% ) plans to build a virtual casino in the metaverse platform Decentraland (MANA -1.72% ), yet another huge name is stepping into the metaverse with a plan to make money and entice people to participate in the next iteration of the internet. A casino is an interesting choice, though not an original…
Innovation
Are Metaverse Casinos a Good Investment?
Augusta Free Press

Are there any new casinos for crypto enthusiasts?

The casino is a part of gambling which is highly liked by the public because they get a chance to win good money. At present, the UK is the biggest market, and North America is the fastest-growing region in the field of gambling. With time, things and people's perspectives change; likewise, the current pandemic changed the entire gambling vision,…
Crypto
Are there any new casinos for crypto enthusiasts?