Global Gaming Blog: Bitcoin and Ethereum prices witnessed an unexpected downfall: Report

Bitcoin and Ethereum prices witnessed an unexpected downfall: Report

According to Cointelegraph, with gas prices declining to multi-month lows and a cooling house market, core inflation witnessed a 0.6% month-over-month bump, and year-to-year inflation stands at 8.3%

Cryptocurrency and stock markets are reportedly suffering the effect post the September 13 inflation report which showed a figure of inflation rising 0.1% on a month-over-month basis, as reported by Cointelegraph.

According to Cointelegraph, with gas prices declining to multi-month lows and a cooling house market, core inflation witnessed a 0.6% month-over-month bump, and year-to-year inflation stands at 8.3%. While it has been predicted by market participants and investors that the upcoming Federal Reserve interest hike to be 0.75 basis points. Many have also been of the opinion that September 13’s CPI report wouldn’t be what they assumed. 

On the basis of information by Cointelegraph, the Dow slid by approximately 2.6%, while the S&P 500 and Nasdaq saw a fall of 2.9% and 3.6%, respectively. As a result, volatile assets also went down and Bitcoin price lost over 50% of its recent weekend gains with a nine percent pullback to $20,350. With just a day to go prior to the merge, Ether price retrieved 7.29% to $1,590, and the maximum number of cryptocurrencies in the top 100 are facing single to double-digit losses. With Bitcoin’s price going as high as $22,800, the earlier analysis showed that BTC was heading towards an overhead resistance. Furthemore, the multi-month resistance from Bitcoin’s all-time high held as price fell at $22,400 when the market started and media outlets got the hang of monthly CPI data. The analysis also emphasised on the bear flag continuation trend, which has been taking place since Bitcoin price topped out at $69,000 in November of 2021.

Moreover, Cointelegraph noted that apart from a Merge event which is expected to be bullish, Bitcoin price is anticipated to face a downfall. Market insights have shown that Bitcoin price continues to maintain its 90-day range between $25,400 and $17,600. From a vantage perspective, nothing can be determined unless the price falls below $18,500 or the yearly low of $17,600.

(With insights from Cointelegraph)

Global Gaming: Casino News

Casino News

Global Gaming: Media Man Casino, Gaming, Sports and Pop Culture; Las Vegas, Canada, UK, Australia and beyond

Media Man Casino, Gaming, Sports and Pop Culture; Las Vegas, Canada, UK, Australia and beyond

The Media Man Group including Media Man Int, Media Man Australia, Casino News Media, Global Gaming Directory, Hottest On TV, Wrestling News Media, Bitcoin News Media and Cafe News Media have searched the world once again and deliver some of the freshest, most up-to-date casino, gaming, sports and pop culture news and intel to be found anywhere.

Nevada Gaming Control Board preparing for disciplinary hearing against Steve Wynn

The Nevada Gaming Control Board on Tuesday confirmed that it is preparing for a disciplinary hearing before the Nevada Gaming Commission against former Wynn Resorts Ltd. CEO Steve Wynn on sexual harassment charges. Wynn, now a Florida resident, has said that because he is no longer licensed by state gaming regulators and has divested all financial connections with the company that he believes he is no longer subject to its discipline.

The plan for a downtown Chicago casino now has a surprising ally: river lovers

Chicago’s push for a casino has stirred fervent debate focused mostly on the predictable: whether the right site was chosen, how much tax revenue it will generate and whether it will worsen noise, traffic or problem gambling. But river advocates and ecological preservationists see the complex in a different light. To them, the Bally’s plan to replace the Tribune printing plant in River West can be a meaningful next step in the ongoing makeover of the city’s riverfront — if done right.

Ontario: More staff back, but border issues continue to be a challenge for Caesars Windsor

While the bulk of the staff at Caesars Windsor have returned to work, officials say there's still more work to do as they prepare for the fall. Back in March, unionized workers at Caesars voted 93 per cent in favour of a new three-year collective agreement, covering the roughly 1,800 workers at the casino. With restrictions related to COVID-19 mostly lifted, one of the remaining issues involves the border and being able to get more visitors from the US back.

Michigan Gaming Control Board highlights need for gaming education

The Michigan Gaming Control Board is trying to do its part to help raise awareness on responsible gaming among the state’s youth in tandem with the American Gaming Association’s “Responsible Gaming Education Month.” According to a press release from the MGCB, and citing statistics from the National Council on Problem Gambling, between 60% and 80% of high school students say they’ve gambled for money in the past year, and some 4% to 6% of them are considered gambling addicts.

Mixed ruling filed in Apple, Google, Meta social casino case

The Northern District of California issued an opinion partly siding with social casino users late last week, determining that the defendants, Apple, Google, and Meta Platforms defeated only two of three theories of liability on Section 230 of the Communications Decency Act grounds.

Caesars Atlantic City debuting the first east-coast location of Gordon Ramsay’s Hell’s Kitchen

What’s opening next? This question applies to all three of Caesars Entertainment’s Atlantic City casinos. There are so many projects on the to-do list that something new is debuting every month.

Survey suggests many in Ontario cool to sports wagering

Over three months after the full launch of Ontario’s sports-betting industry, a survey conducted by Canada Sports Betting suggests a majority of people in the province haven’t taken to wagering on athletic events. Canada Sports Betting surveyed 1,222 people between July 19-20 regarding their views on the regulated sports-betting market.

North Carolina: Catawba Nation opens sportsbook inside temporary Two Kings casino

Another sports-gambling venue opened on Tuesday in North Carolina, this time at the temporary casino opened by the Catawba Nation last year along Interstate 85 near the South Carolina border.

Caesars opens two retail sportsbooks in Louisiana on the eve of football season

Caesars Sportsbook made a big splash less than a week before the NFL season begins, opening two new retail locations for sports betting in Louisiana.

Hard Rock Sportsbook launches in Indiana, Tennessee

Hard Rock Sportsbook is officially live in Indiana and Tennessee, just days ahead of the start of the 2022 NFL season. The mobile sportsbook is now operational in Arizona, Indiana, Iowa, New Jersey, Tennessee, and Virginia.

Liz Truss’s UK premiership raises hopes of countering affordability checks, lawmaker says

Liz Truss's appointment as prime minister has been hailed as a major positive for racing by fellow Conservative MP Laurence Robertson, who hopes she will oppose the controversial affordability checks, which are set to feature in the upcoming gambling white paper and would cost the sport millions. Robertson, whose Tewkesbury constituency includes Cheltenham racecourse, has long campaigned against strict betting restrictions.

Camelot drops legal challenge over UK National Lottery licence transfer to Allwyn

Outgoing National Lottery operator Camelot has dropped a legal challenge which was preventing the handover of the lottery licence to rival Allwyn. Allwyn has ended its counter-claim against Camelot for damages due to delaying the £6.4bn contract.

Player protection and responsible gambling at the core of the agenda for SBC Summit Barcelona

Hundreds of player safety professionals will gather at SBC Summit Barcelona September 20-22 to share their gambling harm prevention strategies and help improve the industry's understanding of the subject of responsible gambling.

Global Gaming Blog: WWE AND FOX ENTERTAINMENT’S BLOCKCHAIN CREATIVE LABS RELEASING 10,000+ “NFT FLIPS” FOR “HELL IN A CELL”

WWE AND FOX ENTERTAINMENT’S BLOCKCHAIN CREATIVE LABS RELEASING 10,000+ “NFT FLIPS” FOR “HELL IN A CELL”

WWE AND FOX ENTERTAINMENT’S BLOCKCHAIN CREATIVE LABS

RELEASING 10,000+ “NFT FLIPS” FOR “HELL IN A CELL”

STAMFORD, Conn. and LOS ANGELES, June 2, 2022 -- Tomorrow, Friday, June 3, WWE Moonsault will debut its first official NFT collection in advance of the annual WWE premium live event HELL IN A CELL. The marketplace’s launch was announced today by Scott Zanghellini, WWE Senior Vice President, Revenue Strategy & Development, and Scott Greenberg, CEO of FOX Entertainment’s Web3 studio Blockchain Creative Labs (BCL).

The limited-edition collection will include 10,000+ “NFT Flips,” each featuring a WWE Superstar tied to the HELL IN A CELL event. In the days after HELL IN A CELL, each NFT Flip will transform to reveal a 10-20 second video highlight of the featured Superstar. The NFT Flips will be sold on “Moonsault” in “Cases” of three, randomized at minting, for $30 per Case. “Moonsault” will be powered by Eluvio’s eco-friendly blockchain technology.

WWE and BCL launched WWE’s official NFT marketplace, “Moonsault,” this past Friday, May 27, during SMACKDOWN on FOX, and promoted the debut across WWE and FOX media platforms, as well as on WWE Discord. The first 10,000 fans to create a wallet on the platform received a free Moonsault Genesis NFT, all of which were claimed within only a few hours.

In the future, more limited-edition Cases of NFT Flips, and other video highlights and digital collectibles centered on WWE Superstars and iconic moments from the company’s history, will be dropped on “Moonsault,” timed to major WWE premium live events throughout the year.

HELL IN A CELL streams live this Sunday, June 5, on Peacock.

ABOUT WWE

WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, pay-per-view, digital media and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 30 languages through world-class distribution partners including NBCUniversal, FOX Sports, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all live pay-per-views, scheduled programming and a massive video-on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network. The Company is headquartered in Stamford, Conn.

Additional information on WWE (NYSE: WWE) can be found at wwe.com and corporate.wwe.com.

ABOUT BLOCKCHAIN CREATIVE LABS

Blockchain Creative Labs (BCL), a business and creative unit formed in 2021 by FOX Entertainment and its Emmy Award–winning animation studio, Bento Box Entertainment, provides content creators, IP owners and advertising partners end-to-end blockchain computer ecosystem solutions to build, launch, manage and sell Non-Fungible Token (NFT) content and experiences, and fungible tokens, as well as digital goods and assets. BCL also manages a $100 million creator fund, established by FOX Entertainment and Bento Box, which identifies growth opportunities in the NFT space. In August of 2021, Fox Corporation made a strategic investment in Eluvio, a global pioneer for managing, distributing and monetizing premium content via blockchain, that will provide the underlying technology platform for BCL.

Global Gaming Blog: Las Vegas' Circa Sports Expands to Northern Nevada with Launch of New Sportsbook at Legends Bay Casino

Las Vegas' Circa Sports Expands to Northern Nevada with Launch of New Sportsbook at Legends Bay Casino

SPARKS, NEV. – Las Vegas-based sports betting brand Circa Sports has continued its rapid expansion with the launch of a new Circa Sports sportsbook at Olympia Gaming’s Legends Bay Casino in Sparks, Nev. The new book officially opened its doors Tuesday, Aug. 30, marking the sports betting brand’s first northern Nevada venture. Circa Sports at Legends Bay delivers an ultramodern and technology-forward sportsbook to the region and now offers northern Nevada residents the opportunity to participate in its record-breaking pro-football contests Circa Million IV and Circa Survivor, promising its largest guaranteed payout ever of $12 million, no rake.

“We are thrilled to welcome guests to our Circa Sports sportsbook at Legends Bay and expand our offerings to northern Nevada,” said Derek Stevens, CEO of Circa Sports. “Our team has brought some of the industry’s top oddsmakers and a menu featuring some of the best odds in the country. We are excited to kick off the new book with the Circa Sports contests and for northern Nevada residents to be able to join the fun.”

Circa Sports CEO Derek Stevens and Olympia Gaming’s Chairman and CEO Garry Goett welcomed the new sportsbook to the property with a ceremonial ribbon-cutting followed by remarks from executives.

Garry Goett, Chairman and CEO of Olympia Companies, said, “This is a momentous occasion for northern Nevada. Derek Stevens and his team at Circa Sports have been an excellent partner in helping us deliver a sports betting offering worthy of this property. We look forward to ushering in a new era for Sparks together.” 

 

Circa Sports at Legends Bay

Circa Sports at Legends Bay is open daily from 8 a.m. to 10 p.m. and boasts a 10-by-15-foot Daktronics video board displaying live odds and six of the day’s hottest games. The biggest events in sports are always be broadcast, including the full Sunday football lineup.

With a capacity of nearly 140, the venue features multiple 60-inch TVs and a variety of seating options. Each seat includes USB and power outlets for guests’ convenience. During their visit, guests can order a variety of gameday bites or libations. Three ticket counters and an ADA window are open for bettors to place bets, register for the sports betting app, make deposits/withdrawals and more.

Circa Million IV & Circa Survivor

Circa Million IV and Circa Survivor are taking entries through September 10 at Legends Bay, either in person or via proxy beginning the opening day of the book. Details are as follows:

Circa Million IV will deliver $6 million in guaranteed total prizes, with a $1 million first place prize that comes with a coveted, handmade Circa Sports blue jacket. The contest includes no rake, and any extra fees go into the quarter and full-season prize pools.

$3.65 million will be allocated amongst places two through 100 and $300,000 of prizes per quarter will be awarded every four to five weeks. The last place booby prize winner will receive $100,000 and second to last place booby prize winner will receive $50,000.

Each player will make five professional football picks against the spread each week. One point will be awarded for each correct selection and one-half point for each push. Each entry for Circa Million IV is $1,000, with a maximum of three entries per person.

Circa Survivor will offer a $6 million payout for the last entry standing. A $1 million undefeated bonus prize will be gifted for any entry that goes 20-0. To be eligible for this bonus prize, an entrant must not choose either of the teams that played in the 2022 Big Game.

Circa Survivor will consist of up to 20 legs throughout the year, one for every week of the football season plus two special weeks. Each week, participants will choose one different team to win straight up, but the player cannot pick the same team twice for the duration of the season. Thanksgiving and Christmas will each be considered their own contest weeks. Entries are $1,000 each, with a maximum of six entries per participant. An entrant can purchase up to six additional entries if they lose their original entries on the opening Thursday Night Football game. An entrant cannot go into the Saturday deadline with more than six active entries.

Entries are eliminated from the contest by selecting a team that subsequently loses or ties its game that week. If more than one entry remains after 20 legs, the pool will be split equally amongst all the entries that successfully submitted a selection during the leg. If an entry wins before the 20th leg of the contest, the winner will have the opportunity to continue making selections each week to try and achieve the 20-0 record.  

Promising guests one of the most approachable betting scenes, Circa Sports is defined by incredible customer service, as well as an unrivaled team of experts leading the charge. This includes a diverse menu of wagering options and the option to take custom bets from the public. In addition to its new Legends Bay location, the betting brand is available to bettors in five properties across Southern Nevada – including the brand’s flagship location: the world’s largest sportsbook at Circa Resort & Casino in Las Vegas – via mobile betting offerings in Colorado and Iowa, and soon in a temporary book in Waukegan, Ill.

 # # #

About Circa Sports

Helmed by casino owner and downtown Las Vegas developer Derek Stevens, Circa Sports is blazing a new trail in the gaming industry by combining customer-first approach to business with a team of the country's top oddsmakers. Circa Sports boasts one of the most competitive wagering menus in Las Vegas and is a leader in the city for sports futures. The venture currently operates in the world’s largest sportsbook at Circa Resort & Casino, as well as sister properties Golden Gate Hotel & Casino and the D Las Vegas. Stevens launched his first Las Vegas books outside of his downtown properties at Tuscany Suites & Casino and The Pass Casino in Henderson. Additionally, Circa Sports’ mobile app is available in Colorado and Iowa. This summer, the brand launched a sportsbook at the new Legends Bay Casino in Sparks, Nev. 

 

About Olympia Gaming

Olympia Gaming is the gaming development division of Olympia Companies, whose subsidiaries and related entities include Casino Fandango in Carson City and Legends Bay Casino in Sparks, opening in summer 2022. In addition, through its affiliated companies, Olympia owns the Courtyard by Marriott hotel in Carson City and co-owns the Hampton Inn and Suites, and Residence Inn hotels in Sparks. For more information, visit Olympia Gaming.

 About Legends Bay Casino

Building upon Olympia’s success in Carson City, Legends Bay Casino will feature the latest slots and table games, northern Nevada’s only Circa Sports | Sportsbook, several original dining and bar concepts, as well as seamless access to the open-air shopping and dining at The Outlets at Legends and the adjacent Sparks Marina. For more information, visit Legends Bay Casino.

Global Gaming Blog: Betting Controversy on ESPN During Serena Match (Gambling911)

Betting Controversy on ESPN During Serena Match (Gambling911)

"Holy s*** Caesars is paying a lot of money to sponsor the U.S. Open Tennis telecast and this doofus says let’s not encourage Gambling," Gambling911.com's own Thomas Somach reported Friday night while watching Serena Williams take on Ajla Tomljanovic.

ESPN had the odds up on Serena provided by Caesars to win the title and those odds were being slashed.  Commentator John McEnroe was mentioning this when the other announcer, Pat McEnroe, chimed in and said "let's not encourage gambling."

Huh?

"I’m sure he’s going to be in big trouble for that I’m listening closely now waiting for the apology waiting for him to say it’s OK to gamble," Somach said.

"(This) reminds me of the time a few years ago when Miss America contestants in Atlantic City were instructed not to smoke, drink or gamble in public lest it hurt the image of Miss America.

"The casinos complained and the restriction on gambling was lifted."

Soach questioned how ESPN could show an ad for Caesars and then say don’t use the product.

"It’s like advertising dishwashing detergent but then at the end of the commercial telling people it’s a bad product, don’t buy it."

- Tyrone Black, Gambling911.com

Social Media

Greg Tingle

So the odds are that ESPN has a solid sports betting deal, and the odds are that not all the ESPN commentators are big fans of the arrangement! That's sports business. Odds are hundreds of folks will read this. You can bet on it sport! Ha.