Jake Paul’s Micro-Betting App Betr to Get Its First License

A few months ago, YouTube star-turned-boxer Jake Paul and his entrepreneur friend Joey Levy invested $50 million in a start-up called Betr. The project in question is actually a micro-betting app that allows users to place wagers on prop bets in live events. So far, users could do this only for fun, but starting January 1, 2023, some of them will be able to micro-bet for real money.

The first day of the new year is when legal sports betting will kick off in Ohio with 25 licensed gambling sites set to go live. One of those sites is Jake Paul’s Betr.

Betr to Become the 1st App for Micro-Betting with Real Money

Jake Paul and Joey Levy teamed up to fund Betr, an innovative start-up that’s meant to cash in on the sports betting frenzy that’s been happening in the United States. As more and more states make this gambling activity legal and regulated, sportsbook operators are turning incredible profits.

Betr is supposed to bring its founders a great turn on investment but through a bit different angle. Rather than letting the users bet on the outcome of sports events – as regular sportsbooks do – Betr is focused on micro-betting.

If you’re not familiar with the term, micro-betting is an activity in which you put your money on bets that are going to be settled within minutes or even seconds.

Micro-Betting Explained

With regular sports betting, you put your money on the outcome (or some other market) of the game. For the bet to settle, you need to wait for the game to finish. With micro-betting, you bet on live events, that is, the games that have already started.

You have this option in regular sportsbooks as well, in the live betting section. That’s where you can bet on the outcome, the total number of goals, and so on. With micro-betting, however, you get to bet on stuff that is going to be settled much quicker.

Some examples of micro bets include:

  • Team to score the next point(s)
  • Player to make the next foul
  • Method of the next point
  • Correct score at the end of the current minute
  • Result (1X2) in the next five minutes

With micro-bets, you don’t have to wait long before your bet is settled. This means that you will get your winnings quickly as well. This means that you can then continue micro-betting until the final whistle.

As you can see, micro-betting is a gambling activity that will keep you glued to the screen. You need to be involved actively, rather than just passively watching the game.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Mattress Mack Taking Home the Biggest Sports Betting Win in History

Mattress Mack has done something no one’s done before – he cashed out a $75 million sports betting win.

The Texas-based furniture tycoon won the mega-bet after backing his favorite baseball team – the Houston Astros – to win the 2022 World Series.

Led by Dusty Baker, the Astros beat the Philadelphia Eagles 4-2 in the series to win the Fall Classic. They did it despite going 1-2 down after the first three games.

Caesars Sportsbook Pays Out the Biggest Winning Ever

Jim ‘Mattress Mack’ McIngvale has won a total of $75 million thanks to his favorite team. He did it by placing several bets on the Astros, wagering about $10 million.

One of those bets was a $3 million wager on the Astros to win the 2022 World Series back in March. He did it at the betting odds of +1000 at Caesars Online Sportsbook. What this meant is that Mattress Mack’s winning was $30 million.

The Astros won and McIngvale won the money, a big portion of which he’s planning to give back to his customers. According to the man himself, he’s going to give a refund to everyone who’s spent more than $3,000 on his mattresses during the Astros’ trophy-winning season.

Can the Astros Do It Again in 2023?

Mattress Mack has only collected his 2022 World Series winnings from Caesars, but the odds for the next season are already up. The furniture show owner will be pleased to learn that his boys are favored to win the title once again.

The odds of the Astros winning the 2023 World Series are +550 at most sportsbooks and online casinos. However, some of them are giving the shortest odds to the Los Angeles Dodgers, the team that got knocked out of the MLB playoffs in round 1 this year.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Jim ‘Mattress Mack’ McIngvale Bets $10 Million on Houston Astros

Earlier this year, a Houston Astros superfan Jim McIngvale placed a series of wagers on this team to win the 2022 World Series. If the Astros win their second MLB title in the franchise history, McIngvale will add another $75 million to his bank account, which would be the biggest sports betting payout in the history of the United States.

The 2022 World Series started on Friday, October 28, but things didn’t go well for McIngvale’s boys in the first game. The Astros lost 6-5 on their turf. The match took place at Minute Maid Park, where more than 42k supporters came to watch the game and support the Astros.

The second game of the series will be played in Texas as well, but then the series moves to Pennsylvania, with two games to take place at Philly’s Citizens Bank Park. If the series is tied after four games, the World Series will return to Houston for the final two matches.

Mattress Mack Customer to Profit if the Astros Win

Jim McIngvale made his fortune as an owner of a furniture store chain which earned him the nickname Mattress Mack. Gallery Furniture, as the chain is called, is one of the most successful businesses in Houston. This explains why McIngvale was capable of betting more than $10 million dollars on his favorite MLS team.

McIngvale sees baseball as a unifying force a divided nation needs in 2022 – “The entire country is divided politically between Republicans and Democrats, but baseball brings us all together.”

Mattress Mack loves baseball, but he loves his fellow Houstonians even more. According to the man himself, if the Astros win, he is going to give some of the money to his customers. His plan is to use the winnings to pay back every customer who spent more than $3,000 on a mattress at Gallery Furniture.

Mattress Mack’s Poor Betting Record

McIngvale loves sports betting, but he’s not a very successful bettor. Earlier this year, he put $4.5 million on the Cincinnati Bengals to win Super Bowl LVI – the biggest wager ever made with a mobile device in the USA – and we know how that went.

Apart from making bad sports betting mistakes, we also saw him back losing candidates in the elections. In 2015, he supported Bill King in the Houston mayor’s race. His candidate ended up losing. Three years later, he supported Republican John Culberson for Congress, but he lost too. In 2022, his choice in the 2022 Texas Attorney General election was George P. Bush. As you’ve probably guessed, Bushed lost.

Is it time for Mattress Mack’s losing streak to come to an end?

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Lucky Slots Player Wins $2.8 Million at The Venetian in Vegas

A lucky gambler won nearly $3 million on slots at The Venetian on the Las Vegas Strip. The exact figure is $2,835,768, which the lucky winner – who decided to stay anonymous – won after betting just $5.88, proving that seven-figure wins are possible even when gambling pocket money.

The gambler hit the jackpot playing a slot game called Dancing Drums Explosion at one of more than 1,800 fruit machines at the Venetian.

This win is one of the biggest jackpots in 2022 but is far from being the biggest win in the history of Las Vegas. In fact, there are dozens of gamblers who have won 10-times (or more) the amount of The Venetian player.

Biggest Fruit Machine Wins in the History of Vegas

Slots are the most popular casino games in Las Vegas. Players love them cause they’re fun to play and don’t require too much money, while also giving them a chance to win huge jackpots. And we really mean huge! There are some lucky slots players that have cashed-in tens of millions of dollars.

To prove our point, here are the top three biggest wins in the history of Las Vegas:

  • $39.7 Million at Excalibur Casino – A lucky gambler from Los Angeles hit the biggest slots jackpot in history, winning nearly $40 million. The player did it at Excalibur Casino where he had spent only $100 on the Megabucks slot before hitting the jackpot.
  • $35 Million at Desert Inn – The second-largest jackpot win in Las Vegas was the work of Cynthia Jay Brennan, who won $35 million in 2000. Once again, the multimillionaire-making machine was Megabucks, which she played at Desert Inn, a casino that was a part of Wynn Las Vegas at the time.
  • $27.6 Million at Palace Station Casino – A lucky pensioner hit the jackpot at Palace Station Casino in 1998, after spending $300 on slots. Guess which game they played? You’ve guessed it – Megabucks.

Biggest Online Casino Wins of All Time

Megabucks is a progressive jackpot slot that’s turned a number of people into millionaires. This fruit machine doesn’t have its own internet version, but this doesn’t mean online slots players haven’t won millions.

On the contrary, in the relatively short history of online gaming, a huge number of gamblers have hit ginormous jackpots. The most notable examples are the following:

  • €19.4 Million – A lucky player from Belgium won a €19.4 million jackpot, which at the time, was equal to $23.6 million. They did it while playing a Microgaming-powered slot game called Mega Moolah at an online gambling site called Napoleon Sports & Casino.
  • €17.8 Million – It was 2013 when a Finnish player won the jackpot playing NetEnt’s Mega Fortune at PAF.com. The most interesting fact about this win is that the player had only wagered 225 cents before hitting the jackpot.

If all this jackpot talk has put you in the mood for online gambling, follow the link to see the list of the best progressive jackpot slots you can play in 2022.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Cinematic RNG Casino Era Starts With Vinnie Jones Roulette

What if we told you that you can play online roulette and other casino games against A-list celebrities? So far, this hasn’t been something that many people had the luxury of doing, but with the development of cinematic RNG casino games, things are going to change!

These sorts of games provide the player with an unmatched casino experience, which gives them a chance to play online casino games with celebs in the role of dealers. One such game is Vinnie Jones Roulette, which was released globally earlier this week.

Vinnie Jones Roulette Released Globally

Real Dealers Studios is an emerging casino game developer, which focuses on creating cinematic RNG games with Hollywood stars in the dealer’s role. Their first game to go live is Vinnie Jones Roulette, which premiered globally earlier this week.

The game in question is an online roulette game, which is based on the random number generator (RNG) software. However, unlike other RNG games, this one doesn’t use computer-generated graphics. Instead, it plays cinematic-grade scenes after each bet. The scenes star English soccer player-turned-Hollywood actor Vinnie Jones as the dealer.

He’s the one who’s calling the bets and reading out the numbers in the same manner as a roulette dealer would do in a real casino.

The result is that Vinnie Jones Roulette looks like a live casino game, making the players feel as if they’re playing against the movie tough guy himself via live cam. However, this isn’t a live roulette game – Vinnie isn’t really there. Instead, this is one of the first examples of a cinematic RNG casino game.

Are Cinematic RNG Casino Games the Future of Online Gambling?

You can think of cinematic RNG games as regular online casino games with live-casino vibes. How they work is that the outcome of each bet is decided by RNG software – the computer decides where the ball lands, rather than luck (or should we say physics) as would be the case in live roulette.

That is how all virtual casino games function. However, they all come with graphics created on the computer, which makes them different from cinematic RNG games.

Instead of using graphics, these games use videos filmed with professional cameras in Hollywood-style studios. These games are meant to put celebrities in the role of the dealer, which is the case with Vinnie Jones Roulette.

This particular game is the first in a series of cinematic RNG games that are supposed to go live in 2022. The next in line is Vinnie Jones Stories Roulette, which is basically a roulette game that gives you a chance to listen to funny anecdotes told by the actor.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

YouTuber-Turned-Boxer Jake Paul Vows to Bet $1 Million on the Miami Dolphins to Win the Super Bowl LVII

YouTube sensation Jake Paul, who’s working hard to prepare for his boxing fight with former UFC champ Anderson Silva, has recently revealed his plan to back the Miami Dolphins to win the Super Bowl LVII. He decided to agree on the bet upon the insistence of his friend, hip-hop artist Rick Ross.

The two have vowed to place a $1 million bet on the Dolphins to win the Lombardi Trophy on February 12, 2023. The odds for that wager at most US-friendly sportsbooks are +3600, meaning that if Miami actually wins it, the pair will be $36 million richer.

Jake Paul Lets Lady Lucky Decide the Bet

Now a 25-year-old, Jake Paul rose to stardom as a YouTuber before deciding to try himself in the sport of boxing. Rather surprisingly, he turned out to be pretty good at it, going 5-0 in his pro career. His next bout is supposed to be against ex-UFC champ and a real knockout maestro Anderson Silva, with whom he’s supposed to fight in late October.

As confirmed by Paul himself, he’s been working hard on polishing his boxing skills, not caring much with whom he goes in the ring next. Outside of boxing, one of his passions in recent times is podcasting. He’s hosting a podcast called BS with Jake Paul, in which his co-host is Rick Ross.

The 46-year-old is a multimillionaire rapper who played football during his college days. He was the one to rekindle Paul’s love for the game, convincing him to make the Super Bowl bet.

How the two decided on the Miami Dolphins is that they rolled the dice, literally! It all started with Ross explaining to Paul that if they “bet a million on Miami Dolphins… It will bring us $36 million.” Paul revealed his doubt that Miami is a good bet but then suggested that the decision should be made by rolling the dice – if the number lands on four, they will back the Dolphins to win the Super Bowl.

And it did! It landed on four! The dice say it’s Miami the pair should bet, so the only thing that’s left now is to see whether they’ll really go through with it. The two have less than a week before the start of the 2022 NFL season, after which the odds might change depending on Miami’s performances. In Week 1, the Dolphins are welcoming the New England Patriots at Hard Rock Stadium in Miami Gardens. Bookies see them as three-point favorites in that game.

Jake Paul Investing in a Gambling Business

Jake Paul is a self-professed gambling fan, who’s promoted gambling business in the past, some of which turned out more controversial than everyone anticipated. Nevertheless, in 2022, he’s planning to start his own gambling business, in partnership with venture capitalist Joey Levy.

The two are starting a “micro-betting” company, investing about $50 million in the project. The project is supposed to be an online sportsbook where the users can put their money on the so-called microbets, which the pair have described as TikTok of sports betting.

The term “microbet” refers to the type of wager that doesn’t take long to settle. Rather than waiting for the whole game to finish in order to learn the outcome, players can bet on things like who’s going to score the next point and similar. The sorts of bets are settled in seconds, hence the name microbets.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Yahoo! Names 10 Best Casinos in the United States

As a part of its lifestyle series of “Top 10” articles, Yahoo! has also touched upon the gambling industry. Last week, the portal revealed its top picks for the best casinos in the US. Unsurprisingly, the top two casinos are located in America’s gambling capital – Las Vegas, Nevada.

That’s not the end of the Nevada-based casino that made it to Yahoo’s list. A casino from Reno is also on the list. Then, there are two casinos from Atlantic City, New Jersey, as well as two from Arizona. The remaining three are from Connecticut, Oklahoma, and Mississippi.

Yahoo’s 10 Best Casinos in the US

The list comprises the following ten gambling establishments:

  1. Bellagio Resort & Casino in Las Vegas, Nevada
  2. ARIA Resort and Casino in Las Vegas, Nevada
  3. Atlantis Casino Resort Spa in Reno, Nevada
  4. Borgata Hotel Casino and Spa in Atlantic City, New Jersey
  5. Hard Rock Hotel and Casino in Atlantic City, New Jersey
  6. Gila River Resorts & Casinos at Wild Horse Pass in Chandler, Arizona
  7. Talking Stick Resort & Casino in Scottsdale, Arizona
  8. Foxwoods Resort Casino in Mashantucket, Connecticut
  9. WinStar World Casino and Resort in Thackerville, Oklahoma
  10. Island View Casino Resort in Gulfport, Mississippi

To create this list, Yahoo! factored in everything from the size of the gambling floor to how good the service is.

Las Vegas Casinos Leading the Way

Yahoo! put Bellagio Resort & Casino in the #1 place as the best casino in the United States. With its iconic fountains, impeccable service, and a plethora of non-gambling activities, Bellagio is the top pick not just for gamblers but also for regular tourists.

Just behind it is ARIA Resort and Casino, another high-end establishment located on the Las Vegas Strip. In fact, this casino is located right next to Bellagio.

Although it’s not in Vegas, Atlantis Casino Resort Spa is another casino in Nevada that’s made it to the list. Sitting in the #3 position, this integrated resort is located in Reno, just south of the highway connecting the city with Sacramento and San Francisco in northern California.

Atlantic City Casino Rule the East Coast

There are nine casinos currently operating in Atlantic City, and two of them have made it to Yahoo’s list of the 10 best casinos in the US. Those are Borgata Hotel Casino and Spa and Hard Rock Hotel and Casino, thanks to which AC remains the east coast gambling capital.

Speaking of the eastern coast of the United States, there’s just one more casino located in this region that got a place on Yahoo’s list. The casino in question is Foxwoods Resort Casino, a tribal casino owned and operated by the Mashantucket Pequot.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

FanDuel Adds Branded Live-Dealer Games to Its PA Online Casino

From now on, FanDuel live casino games are available in Pennsylvania and Michigan. The story goes that the New York City-based gambling company has decided to expand its game portfolio in online casinos available in those states, the reason being the popularity of live-dealer games in those parts of the US.

FanDuel PA Gets 9 New Live-Dealer Casino Games

In Pennsylvania, FanDuel added online casino games to its sportsbook in 2020. The company started with 21 slots and just a couple of virtual table games. The users fell in love with those games straight away, which prompted FanDuel PA to expand its offering.

As of July 2022, FanDuel Pennsylvania has over 150 slot titles in its online casino, together with many other games. Further, just a few days ago, the company unveiled live-dealer games, which enable the users to play against real people via live stream.

A total of nine live casino games were added to the collection, namely:

  • Blackjack – seven different tables
  • Infinite Blackjack – one table
  • Roulette – one table

All of these games use FanDuel-branded software, with the dealers working directly for the company rather than being employed by a third party.

FanDuel to Focus on Pennsylvania Even More

Pennsylvania is one of the top states when it comes to FanDuel’s revenue. That’s where the company holds a 40% share of the sports betting market. The next step in FanDuel’s PA agenda is to present its casino offerings to the sports bettors.

As per Kevin Hennessy, FanDuel’s publicity director, online casino games are getting a lot of traction among users from Pennsylvania.

“Live Dealer games are important in building out the casino experience for FanDuel players. We set up the studio in a way that brings the FanDuel brand to life.”

In addition to expanding its game portfolio in Philadelphia, the company has done the same in Michigan and is reportedly planning to do the same in all of the states where its gambling platform is live.

At the moment, there are five states where it’s possible to play FanDuel online casino games. In addition to the two aforementioned states (PA and MI), the FanDuel internet casino is also live in New Jersey, West Virginia, and Connecticut.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Germany Approves Another Nine Online Poker/Slot Licenses

The online gambling landscape in Germany is about to get bigger and more diverse. The story goes that the Sachsen-Anhalt State Administration Office has decided to approve nine more licenses, which will enable a couple of new online casinos and poker platforms to launch in the near future.

Previously, the licensing authority issued three licenses to companies Mernov, Mybet, and Tipwin. The names of the other nine operators are yet to be announced.

Asa of July 2022, the total number of operators that have been granted operating licenses is 12. At the moment, there are more than 60 other applicants waiting in line.

Administration Office Looking to Clamp Down on Shady Operators

Apart from issuing new licenses, the Administration Office has also been checking whether the current operators are worthy of the license. Over the past 12 months, the office has reviewed more than 870 gaming websites in order to check whether they’re breaking the law.

About 90 illegal gambling ads were discovered during the review process, with almost 150 illegal gaming cases placed under investigation. Further, the Administration Office also found that there were 25 illegal operators operating in Germany, all of which have been referred to the public prosecutor.

Die Glücksspielbehörde (GGL) is in the Business

Starting July 2022, Die Glücksspielbehörde (GGL) is going to be the main gambling regulator in Germany. Rather than letting each province has its own regulatory body for online gaming, Germany will use a more centralized system from now on.

The GGL will be in charge of giving operating licenses, as well as of reviewing operators and clamping down on illicit gambling sites.

The launch of the GGL came earlier than expected. At first, it was planned for the central gaming authority to start working in 2023, with January 1 often cited as the earliest date. However, the German Government gave it the green light some six months earlier.

The GGL was launched on July 1 – exactly one year after Germany passed the Fourth State Treaty on Gambling, a bill making online casino gambling legal.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Nirvana Producer Steve Albini Wins His Second WSOP Bracelet

Steve Albini, a famous music producer who used to work with Nirvana, Robert Plant, Jimmy Page, and many other rock’n’roll stars, won WSOP Event #32: $1,500 H.O.R.S.E last Saturday. In addition to winning the bracelet, Albini also won a $196,089 prize. It was his second bracelet win, with the first one happening in 2018 when he won Event #31: $1,500 Seven Card Stud.

Albini Defeats Elite Players on His Road to the WSOP Bracelet

On his way to winning the 2022 event, he had to defeat a field of 773 poker players. Among those is Tamon Nakamura, who cashed out $19,373 by finishing in #8 place. Further, Eddy Vataru finished in seventh place, winning $25,294.

Peter Brownstein took sixth place, banking $33,552 along the way. Kyle Loman was next to go home, taking a $45,209 prize for finishing fifth.

Richard Bai finished in the #4 place, winning $61,862, while the no.3 player Jason Daly got himself an $85,943 prize. James Morgan, who’s one of the most successful active players from Canada, finished in second place, cashing in $121,195.

Other Celebrities Who Took Part in the WSOP

Steve Albini is just one in a long list of poker-loving celebrities. In fact, some real A-listers have tried themselves in the WSOP, although not many of them achieved as much as Nirvana’s legendary producer.

One of the best examples is actor James Woods, who’s had 21 money finishes at the WSOP, collecting around $130,000 in total. Toby Maguire of Spiderman fame also took part in several WSOP tournaments, cashing in circa $50,000.

When it comes to actors and actresses, the most successful celebrity in the WSOP is comedian Jennifer Tilly. According to HendonMob, she’s earned over a million dollars in her poker career, winning one WSOP bracelet along the way.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

DraftKings Sportsbook Goes Live in Ontario

On April 4, 2022, online sports betting went live in Ontario. Canada’s most populous province now has a regulated internet gambling landscape, where 17 operators are allowed to do their business. One of those is DraftKings Sportsbook, which has gone live on Wednesday, May 18, some six weeks after most other Ontario betting sites.

From now on, Canadian bettors from Ontario have the luxury to bet online, as well as play internet casino games on the DraftKings platform. According to the company founder and CEO Jason Robins, this is a major landmark, which has the potential to take DraftKings to the next level.

DraftKings Not Worried About the Late Start in Ontario

Based in Boston, Massachusetts, DraftKings is an American company whose online sportsbook is available in 18 states in the US. Its online casinos – including the recently-acquired Golden Nugget Online Gaming (GNOG) – are available in eight US states.

Encouraged by its success in the United States, the company decided to spread its business empire over the northern border. The launch of DraftKings Sportsbook Canada, however, came one month and a half after the launch of its competitions.

It’s strange because, in the United States, DraftKings always wanted to be among the first to launch. It launched on Day 1 in New York, New Jersey, Arizona, Louisiana, Michigan, and Indiana.

The reason why DraftKings Sportsbook CA didn’t launch earlier is that the company has worked on clinching two major deals over the last couple of weeks. One of those was the launch of the DraftKings Sportsbook in Ontario; the other was the takeover of the GNOK.

According to Robins, the late start will not affect the company too much. In fact, the DraftKings co-founder believes that the sportsbook will perform better than expected. In fact, it’s already been doing better than what was projected at the start of 2022.

DraftKings Stops Its DFS Product in Ontario

DraftKings Sportsbook launched in Ontario on May 18, but this brand had a presence in Canada for several years. What we’re talking about is the DraftKings daily fantasy platform which had been operating in Ontario’s DFS grey market.

The word to focus on is ‘had’ because DraftKings DFS is no longer available in Ontario. Due to the provincial gaming authorities asking operators to stop working in the grey area, DraftKings decided to suspend its unregulated DFS product for the time being. Once Ontario regulates the DFS landscape, it’s very likely we will see the return of DraftKings.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Poll Reveals New Jersey Residents are In Favor of Casino Smoking Ban

As per a recent poll, most residents of New Jersey are now in favor of a total ban on smoking inside casinos. In turn, this means that people from the Garden State would like to see all nine Atlantic City casinos stop allowing smoking on their premises.

The poll in question was conducted by Stockton University’s Polling Institute between April 4 and April 13 by telephone. According to researchers, the poll had a +/-3.8% margin of error.

No Smoking in Atlantic City Casinos?

In 2006, the state of New Jersey passed the Smoke-Free Air Act, which made indoor smoking illegal. However, the act did leave out the eleven casinos located in Atlantic City, enabling the casino owners to decide for themselves whether to keep a quarter of the indoor gaming space as a smoking-friendly zone.

In 2022, all of the Atlantic City casinos allow the patrons to smoke in up to 25% of the gaming space. However, that might come to an end soon as the public opinion has shifted in the favor of a smoking ban over the last couple of years.

According to the Stockton University’s poll, almost one-third of respondents (62% to be precise) are now in favor of seeing a total smoking ban imposed on Atlantic City casinos. Another 31% believe that the current laws are more than suitable, while the rest of respondents have no opinion on the matter.

Casinos Fear Revenue Drop

According to a study by the Casino Association of New Jersey, a total smoking ban would lead to a 25% drop in casino revenue. The reason is that casinos are seen as safe havens for smokers. They’re the only public places in the state where people can smoke indoors without facing fines.

Casinos would love to keep the current smoking laws in place, suggesting that there might be an out-of-the-box solution to the problem. Rather than banning smoking completely, casinos could start using advanced ventilation systems to deal with the issue.

However, health experts seem to disagree. They believe that it’s impossible to completely get rid of the risks that come along with indoor smoking. According to them, not only are casino patrons in danger of developing serious health issues, but casino employees as well.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Texas Bans Metaverse Casino Funding Through NFT Sale

Earlier this week, financial regulators in Texas ordered metaverse casino Sands Vegas Casino Club to stop its funding through the sale of NFTs. In the cease-and-desist letter, The Texas State Securities Board (TSSB) explained that the reason behind it is a violation of securities laws.

The people behind the project – Finn Ruben Warnke and Martin Schwarzberger – were told they aren’t allowed to fund the metaverse casino development by selling NFTs as it’s seen as a “fraudulent securities scheme” in the eyes of the state.

What Happened with Sands Vegas Casino Club?

The co-founders of the metaverse casino put 11,111 NFTs up for sale with the plan of using the funds to finance the project. The NFTs in question were digital drawings of cartoon gamblers. In turn, the buyers would not only get digital ownership of the images but also a share of the casino’s profits.

As per the statement published on the official website of Sands Vegas Casino Club, the NFT holders would get 50% of all the profits made by the metaverse casino, estimated to be about $80,000 a year.

It did seem like a great deal for a number of people, as evident from the fact that many of them rushed to buy the NFTs. However, the TSSB then stepped in with its cease and desist order. According to the Texas government, NFTs can be seen as securities.

Although Texas (and most other US states) do not have laws that regulate NFTs, the TSSB is an authority whose orders the metaverse casino will have to comply with.

Ban Doesn’t Halt Expansion of Metaverse Casinos

Even though Texas has halted the development of Sands Vegas Casino Club, the chances are its founders will find another way to fund the project. The thing is that interest in metaverse casinos keeps growing exponentially.

If you’re not familiar with the term, metaverse enables users to enter the virtual world using VR headsets. A sort of alternative reality, the metaverse makes it possible to play virtual games with people from different parts of the planet.

Metaverse allows developers to create literally anything that comes to their mind, including virtual casinos. The result is that users get the same kind of experience as if they were gambling in a real-life brick-and-mortar casino.

Several major tech companies have already started working on metaverse, most notably Mark Zuckerberg’s Meta. Then there’s video game company Atari (developer of Space Invaders), which is working on a blockchain-based metaverse that would feature a virtual casino among many other things.

Metaverse Casinos Already in Business

Although Atari’s metaverse casino still hasn’t launched, the company has already put its token up for sale. The digital currency is called the Atari Token ($ATRI) and is available at leading exchanges.

There are, however, some metaverse casinos that are already in business. Decentraland, for example, is a 3D metaverse based on the Ethereum platform, in which users can create their avatars and live in an alternative reality. Among the things they can do in the virtual world is play casino games. To do that, they can use the MANA cryptocurrency.

You can expect metaverse casinos to work on the same principle in all the other metaverses, including Meta’s and Atari’s. However, there’s also a metaverse focused on casino gambling only. Decentral Games is what we’re talking about, which is a VR casino, where you can play casino games like poker against real people in a metaverse environment. At the moment of writing, the metaverse casino has about 200,000 players.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Buddhist Monk Wins Lottery, Gives Money to Charity

As reported by Yahoo Sports a few days ago, a 47-year-old Buddhist monk from Thailand hit a big lottery win of about 18 million Thai baht or around $540,000.

A member of the Wat Phra That Phanom temple, the monk explained that he’s usually against gambling, telling the press that his reason to buy the lottery ticket was to help his local vendor who was struggling with sales. Reportedly, the monk bought three lottery tickets, one of which had the winning numbers on it.

Jackpot-Hitting Monk Giving Away His Winnings

In an interview he gave to the local press, the lottery-winning monk said he believed the money belongs to the angels. He believed it was a divine intervention that led him to the jackpot as an award for taking good care of the temple for more than ten years.

The monk decided to give the money away, diving the winning between the temple, local schools, and charitable organizations. He also started giving 500 baht or about $15 to over 1,000 people from his town. The monk quickly had to adjust his plans, setting the sum to 200 baht after a few more thousand people from other parts of Thailand showed up at his door.

He was eventually forced to put an end to the giveaway after the local authorities warned him that such a massive gathering could lead to the spread of COVID-19.

Lottery Winners Who Gave It All Away

This wasn’t the first time a Buddhist monk hit a big prize in the Thai Lottery. Just a few months earlier, another did the same. This monk won around $588,000 after winning three lottery tickets.

He too decided to give some of the money to charity but was forced to go into hiding after several thousand people came to him to ask for donations.

Outside Thailand, we’ve seen many other examples of people giving away their lottery winnings. For instance, over in Canada, a former Miss Quebec started her own humanitarian organization in 2018 after winning CA$1,000 a week on the Canadian Lottery.

Five years earlier, another Canadian gave even more to charity. The story goes that Tom Crist, a successful businessman from Calgary won CA$40 million, all of which he decided to give away to cancer charities. Crist explained that during his life, he’s earned enough money for his kids to live fine lives. With his wife dying of cancer a few months before he hit the jackpot, he decided it was best to invest money in fighting the disease.

In the United Kingdom, a former nurse Barbara Wragg and her husband Ray gave $7.1 million to various local charities in their hometown of Sheffield after hitting $9.9 million on the UK lottery. A big chunk of that money went to the hospital where Mrs. Wragg had spent most of her working days.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Drake to Hosts a Live Event on Stake.com Called ‘Drake on Stake’

Canadian hip-hop artist Drake made the headlines by placing Super Bowl bets worth $1.3 million on the Los Angeles Rams to win the Lombardi, as well as on Odell Beckham Jr. scoring a touchdown and recording over 62.5 running yards. Drake won two of those three bets, making himself a profit of more than a mil.

He did it on the cryptocurrency betting platform called Stake.com. Despite having to pay out over $1 million, the company doesn’t seem to feel sorry. After all, the whole Drake saga made them famous around the world.

It worked so well for them that they decided to go one step further and get themselves a deal with the 4x Grammy winner. The story goes that Drake has agreed to be the host of a live show event called ‘Drake on Stake.’

Drake’s Live Show in a Nutshell

The collaboration between Drake and Stake.com is envisioned as a live event, in which the rapper would bet on sports and play casino games on live stream. The plan is that whatever he wins during ‘Drake on Stake’ would go to the viewers.

At the moment, it’s not clear when the even is going to take place, with Drake promising to share the exact date on socials. Further, we also don’t know whether it’s going to be a one-off event or a series of live shows, although the people from Stake.com did suggest the latter is more likely.

The company is planning to create a number of promotional videos featuring Drake, with the intention of introducing their brand to the North American audience.

Drake is not the only celebrity who’s signed a partnership deal with Stake.com. Former Manchester City player Sergio Aguero also became their brand ambassador after a heart problem made him end his professional soccer career.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Super Bowl LVI Expected to Break Betting Records in the US

The 56th edition of the Super Bowl – Cincinnati Bengals vs Los Angeles Rams – is likely to become the most legally bet game in the history of American sports. New data shows that more than 31 million people in the United States are planning to bet on the Super Bowl LVI, potentially wagering a total of $7.61 billion.

If the estimates are correct, it would mean an increase of 78% in total Super Bowl betting volume in comparison to last year’s game. The reason behind it is obvious – in 2022, 60% of US states allow sports betting.

Just two years ago when the Super Bowl LIV took place, the number of betting-friendly states was only 14. As a result, most of the money wagered on the NFL Championship game went to offshore sportsbooks. Fast-forward to 2022 and there are 30 states where sports betting is legal, meaning that most of the Super Bowl bets will be made in the United States.

9 Million People to Bet On Super Bowl Online

As per a recent study by the American Gaming Association (AGA), about 9 million Americans are planning to place their Super Bowl LVI bets using an online sportsbook or sports betting app.

There are 20 states in the US where online/mobile betting is legal ahead of the clash between the Bengals and Rams. In fact, some states – like New York – went far and beyond to ensure sports betting goes live before the game.

Most of the states where online/mobile wagering is legal are situated in the northeastern part of the country. In fact, the AGA estimates that nearly one-fifth of all the Super Bowl LVI bets is going to be made by bettors from the Northeast.

Bettors Favor the LA Rams

The Los Angeles Rams are seen as a 5-point favorite to win the Lombardi Trophy at most online sportsbooks in America. When it comes to moneyline odds, the Rams are priced at +170.

Apart from being favored by bookmakers, the Rams are also favored by American bettors. According to the AGA, about 55% of them are planning to back the LA franchise, while 45% think the Bengals might upset the odds.

Among those who have put the money where their mouth is, is Canadian rapper Drake. According to the man himself, he’s placed $1.3 million worth of Bitcoin on the NFL Championship game. Most of that money went on the Rams moneyline ($471,000), while he also placed two $392,000 bets on Odell Beckham Jr. to record more than 62.5 receiving yards and OBJ scoring at least one touchdown.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Wynn Goes Big in UAE, Plans to Sell Its Online Betting Business

There are some big news coming from Wynn Resorts. First, the Vegas-based gaming giant appointed a new CEO Craig Billings, the man whose one of first moves was to expand the business to the Arabian Peninsula. As confirmed by the company, Wynn Resorts is planning to construct a new integrated resort in United Arab Emirates (UAE).

The location is Al Marjan Island, an artificial island in the Ras Al Khaimah region, some 45 minutes away from Dubai International Airport. The cost of the development of the UAE integrated resort is counted in billions of dollars, as the complex is expected to feature a luxury 5-star hotel with 1,000+ rooms, as well as a large shopping mall, numerous restaurants and other venues.

There is one aspect of integrated resorts that the UAE project might miss – the gaming area. Even though the project includes a casino, it’s still not clear whether the UAE Government is going to allow it. The thing is that the official religion of the country, Islam, prohibits any form of gambling.

Wynn Resorts to Offload Its Online Betting Business?

Wynn Resorts might be forced to give up on the gaming aspect of its UAE project, but that might not be the end. As reported by the New York Times, the company is looking to sell its sports betting product.

Although it hasn’t been confirmed by the Wynn spokespersons, the company is reportedly willing to sell it at a big discount. Wynn’s mobile betting app is valued at as much as $3 billion but the company would accept a much lower price. The number that’s rumored is $500 million.

At this stage, everything is still pretty much a speculation, although there are some signs that Wynn might actually do it. The biggest of all is the fact that WynnBet still hasn’t launched in New York State. Even though the sportsbook was one of the nine operators that were given the license by the state officials, the app still hasn’t gone live.

The reason behind this might be that Wynn doesn’t see big profits from its NY betting app. Considering that the tax is set to 51% in New York, their estimates might be correct. On top of that, WynnBet’s main competitors – Caesars, FanDuel, and DraftKings are going full throttle in the Empire State.

These sportsbooks are giving away some pretty lucrative bonuses to New Yorkers, while they’re also being very aggressive with their advertising tactics. If WynnBet wanted to join the race, the company would need to invest tens or even hundreds of millions in attracting new customers.

According to a gambling analyst from Jefferies, David Katz, the advertising/promo cost of acquiring a single online sportsbook customer in New York is between $300 and $500.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

New York Online Sportsbooks Get Off to a Flying Start

Online sports betting has officially launched in the state of New York. Starting Saturday, January 8, 2022, New Yorkers have the luxury to bet on sports using one of the state-approved betting apps or sites.

A total of nine sportsbooks have been given the operating license, however, only four have made their debut on day 1.

The sportsbooks in question are the following:

  • BetRivers
  • Caesars
  • DraftKings
  • FanDuel Sportsbooks

For these brands, making an early launch proved to be the right choice as the sportsbooks cashed in some record-breaking amounts during the first weekend of NY mobile betting.

Great News for New York

According to data from GeoComply, betting volumes recorded in New York outshined those from other betting-friendly states. This includes two of NY’s neighboring states, New Jersey and Pennsylvania.

The total betting handle generated in New York within the first 12 hours of mobile betting is reportedly around $5.8 million. In comparison, bettors from Pennsylvania recorded a $2.3 million handle, while those in New Jersey placed a total of $2.1 million worth of bets.

The fact that New York broke the record of other states is great news for the state government. Considering that operators need to pay a 51% tax to the state, it’s expected that New York is going to gain about $500 million from tax revenue.

The money is supposed to be used to fund education, addiction-battling projects, youth sports initiatives, and so on.

BetMGM New York to Launch Next

The four NY online sportsbooks generated record amounts during the first weekend, but we could see them doing even better in the upcoming weeks. This is because the Super Bowl LVI is on the program in February, which is the most popular sports event in the US, both among fans and bettors.

Big revenue figures are expected for the other sportsbooks as well. The remaining five sportsbooks are supposed to launch before the Super Bowl, with BetMGM being the first on the list. In fact, BetMGM is set to launch its NY internet sportsbook on Monday, January 17.

The other four – Bally Bet, Wynn Interactive, PointsBet, and Resorts World – are expected to launch by the end of the month.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

New York Mobile Betting to Go Live in January

New Yorkers will get to bet on Super Bowl LVI using legal NY online/mobile platforms. The state gave the green light to nine sportsbooks, with only some minor things left to be cleared before the launch.

The NFL Championship game is on the program on February 13, 2022, but New York betting sites and apps will probably go live a few weeks earlier. At least that’s according to Senator Joseph Addabbo, who suggested last week that bettors from New York will be able to make bets on the NFL Playoffs.

As per Addabbo, it’s most likely that mobile betting will kick off in New York in mid-January. He puts the launch date somewhere between the second or third week of the month.

Evolution of Sports Betting in New York State

It was 1992 when the Professional and Amateur Sports Protection Act a.k.a. PASPA came into force, effectively banning sports betting in most US States. For the next 26 years, Americans could only bet in Las Vegas, Atlantic City, and on tribal lands.

However, in 2018, PASPA’s era came to an end after Supreme Court ruled it was unconstitutional to ban sports betting on the federal level. The Court decided it’s up to each individual state to make its own decision regarding the legality of sports betting.

New York State made betting legal straight away, albeit only at land-based casinos in Upstate New York. However, when the COVID-19 pandemic hit the Empire State, its lawmakers realized that regulated sports betting could be their golden goose.

Instead of letting billions of dollars to continue hemorrhaging to offshore betting sites, they decided to regulate the NY market.

After months of analyzing the matter, New York State decided to allow nine sportsbooks to launch online betting platforms, namely:

  • DraftKings
  • FanDuel
  • BetMGM
  • Caesars Sportsbook
  • Resorts World
  • PointsBet
  • BetRivers
  • WynnBET
  • Bally Bet

All the listed sportsbooks have been given the green light by the state. They’re expected to start their sportsbook operations in January, while we could see them start accepting customers from New York as early as New Year’s Day.

Americans Just Love the Super Bowl

It’s of utmost importance for New York State that the sportsbooks go live before the Super Bowl LVI. Why? Because Super Bowl is traditionally the most-watched sports event in the United States. It’s also the #1 favorite choice for American bettors.

However, NFL betting is just one of the options New Yorkers will have before them. They will also be able to bet on other popular US sports, including the NBA, MLS, NHL, and MLS.

On top of that, they will also be allowed to bet on sports events outside the US, such as the Australian Open, which is the first major event in 2022.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Dutch to Clamp Down on 12,000 Casino Operators With Curacao Licenses

The Dutch authorities have decided to deal with online casinos carrying the Curacao gaming license, which they’ve been using to offer their services to players from numerous parts of the world.

Curacao is a Caribbean Island that’s a constituent country of the Kingdom of the Netherlands. Such, the island has a degree of autonomy, which is the reason why its government has been able to issue online gaming licenses on its own accord.

According to the Dutch, however, Curacao’s online regime has been nothing short of controversial. With a Curacao operating license, online casinos and sportsbooks have been able to do business in unregulated markets as if they had a local license in each country/territory they’ve been operating.

12,000 Online Casinos are On the Dutch Radar

The Dutch lawmakers estimate that there are about 12,000 online gaming sites that have a Curacao license. This number was firstly suggested by a Dutch investigative journalism platform Follow The Money (FTM).

According to FTM, the 12k Curacao casinos account for nearly 40% of the world’s unregulated gaming market.

“Curaçao has this position because of its low tax rates, good internet cables, and server warehouses,” an FTM spokesperson said.

The main selling point of the Curacao gaming license has been the fact that it’s easy to get it. It doesn’t cost much and it’s possible to get it even if your business isn’t physically located on the island. This made Curacao a paradise for start-up businesses in the world of online gaming.

However, the fact that it’s easy to get the license has tarnished its reputation. The thing is that over the years many shady operators were given this license. Some of them stole/withdrew money from their players, leaked their private data, and so on.

As a result, many countries around the world decided to prohibit Curacao casinos from operating in their region. The United Kingdom is probably the best example. Another country that might follow the UK’s steps is the Netherlands.

Dutch Gaming Authorities vs. Curacao

The Dutch want to clamp down on Curacao’s gaming industry, citing it as too irresponsible. Still, their motivations might not be as selfless as they might seem at first. The offensive against Curacao casinos started at the same time as the Dutch government decided to regulate the country’s online gambling market.

Once the whole process is finished, only casino/sportsbook sites with a Dutch license will be permitted to do business in the Netherlands. Those platforms with a Curacao license will be banished.

However, the Dutch plan does not end with banning Curacao casinos to operate in their country. They are also putting pressure on their Caribbean dependency to reform their gaming laws. The Dutch are willing to provide Curacao with COVID aid only if the island deals with its casino licenses.

All this, however, doesn’t mean all Curacao casinos and sportsbooks will lose their license. On the contrary, if the Dutch make their plan come true, Curacao will have to revoke the licenses of shady operators. Operators that fulfill an updated list of conditions would be allowed to keep their license.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.