Archive for the ‘Lucky Nugget Casino’ Category

Silk Path Founder Arrested While Bitcoins Plummet

Monday, February 24th, 2020

Bitcoins have been in the news, between the shut down of Silk Road,a plummet in exchange rates, and a new site that is live-streaming.

It’s been a serious week for Bitcoins into the news; a whammy that is triple actually.

First, there was the arrest by the FBI of Silk path’s founder known online only by his handle ‘Dread Pirate Roberts’, but apparently known to the feds a little more intimately as Ross William Ulbricht- as well as the seizure and shut down of the Silk Road web site itself. Silk Road was an exclusively Bitcoin site that is gambling well-known to many being an open market for illegal drugs and more; the web site’s just under a million registered users were often cash launderers, according to the arrest warrant.

‘Based on my training and experience, Silk Road has emerged as the most sophisticated and extensive unlawful marketplace on the net today,’ FBI Special Agent Christopher Tarbell noted in the grievance. Tarbell added that in the past 2 1/2 years, Silk Road generated some $1.3 billion worth of equivalent Bitcoin trades and netted $85 million in commissions for itself, usually for things as macabre as employing hitmen, searching for computer hackers or purchasing weapons that are illegal.

Major Rate Volatility Ensues

Meanwhile only a few days following the shut down of the web site by the feds and the arrest of Ulbricht Bitcoins by themselves went through some Cat-5 volatility, once the rates for the [more…]

Global Gaming Expo Big Business in Las Vegas

Monday, February 24th, 2020

Avatar, the casino game, was unveiled at the latest gaming that is global (G2E) in Las Vegas this week

Anyone who’s anyone within the gambling industry could be found in nevada this week; that is where the Global Gaming Expo happens to be happening, a gathering of 25,000 attendees who’re all interested in seeing in which the worldwide gambling market will be headed over the year that is next.

Easing Up on Regulations Major Focus

At the seminar known as G2E there are amount of major issues discussed. American Gaming Association leader Geoff Freeman noted that their biggest priority will likely be to push state regulators to unify and lighten the regulations up on the casino industry in the united states of america, in order to make it easier for companies to innovate throughout the country.

‘Our industry isn’t allowed to upgrade because of the environment that is regulatory’ Freeman stated. ‘That’s something we must address. We want to be regulated. But, you will find places that it crosses the line and really affects innovation and makes us less competitive. Each state that is new occurs feels as though they need to turn the screws just a little bit tighter than the one before.’

But before some of the many essential issues facing the industry could get attention, the seminar was kicked off with an opening that is spectacular and all the glitz and glamour that the world of gambling has to offer.

Entertainment a Priori [more…]
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Las Vegas Nightclubs Could Become City’s revenue Source that is biggest

Monday, February 24th, 2020

Hakkasan among the many effective nightclubs in Las Vegas right now is part of the new enormous income stream for Sin City

Whenever you believe of Las Vegas, you might think of gambling it’s as simple as that.

Except that it really isn’t that cut and dried at all. Ever since Las Vegas emerged as a center for gambling in the usa, it has also been a central location for star entertainments, breathtaking shows, fabulous restaurants and nightlife that is exciting. And while a few of these attractions have generally been regarded as additional revenue sources that served to get people in to the gambling enterprises (which served because the genuine moneymakers), some in the gambling industry are just starting to think that entertainment venues and clubs could become the main revenue stream that they should count on in Sin City.

Not All Come for Casinos

According to surveys that are recent have now been conducted by the gaming industry, greater than a quarter of visitors at Las vegas, nevada casinos aren’t there to wager, and many of those may never invest anything at all in the casino. Yet they’re nevertheless spending plenty of money in the city’s other amenities including one of the most active and lucrative nightlife scenes in the planet.

For the numerous clubs in Las Vegas, at the very least seven bring in revenues of $25 million or more each year, and that number will probably develop in the year [more…]