Tag Archive : World

Leading the World of Bitcoin Betting & Online Casinos

Coinbet24 is one of the world’s most prominent Bitcoin sportsbooks and licensed bitcoin casino platforms. It was originally founded in 2015 and has come a long way since then. Coinbet24 enables users from across the world to place bets on their favorite sports leagues. Apart from its Live Bitcoin Casino, it also houses a whole lot of games on its platform including slots, table games, dice games, etc. on which users can play using Bitcoin or other cryptocurrencies. Moreover, it has made it extremely easy for users to participate – through a 4 step process that involves account creation, Bitcoin Deposit, Placing Bets, and withdrawing Bitcoin. It’s that simple. 

Let’s delve deeper into the various aspects of Coinbet24. 

Bitcoin Betting is the next big thing in the online gambling space, and Coinbet24’s bitcoin betting platform is the place to be. It allows you to place bets in top leagues across the world including UCL, UEL, EPL, NBA, NFL, NHL, etc. The platform also facilitates fast, secure, free and anonymous transactions – thus easing up your Bitcoin Betting experience. 

Coinbet24’s Bitcoin Casino is one of the most vibrant online gaming casinos out there. It houses a huge number of games roulette, bitcoin slots, blackjack, baccarat, dice games, etc. Moreover, it also offers a Live Casino equipped with live-dealer tables that provides a real experience from the comfort of your homes. And the best part, you hardly have to wait for your turn. All in all, Coinbet24’s Bitcoin Casino houses slots and games from across the world and has everything set up to satisfy your gaming lust while earning some good bucks. 

Advantages of using Coinbet24 for Bitcoin Betting

Fast, safe, secure transactions

Coinbet24 allows you to place bets and play with more than 100 cryptocurrencies including BTC, ETH, etc. Additionally, you can also use altcoins like BCH on the platform. Coinbet24 supports as many as 100 altcoins. Deposits and withdrawals on the platform are almost instant, once you create the account. Altcoin transactions on Coinbet24 are processed by Shapeshift. The platform also allows fiat deposits, the withdrawals of which take up to 24 hours. Moreover, you are not required to share any personal or financial information with the bookmaker, thus making it a very safe and secure platform. 

Large gaming index

If you are a game fanatic, with an interest in online crypto betting, Coinbet24 is your hub. It houses a whole lot of games including Texas hold’em, Hi-Lo Switch, Bet on Numbers, Five Draw Poker, Multihand Blackjack, Scratch Dice, Trey Poker, Minesweeper, Cash Tank, Pontoon, etc. It also adds exciting new games every once in a while to keep its repertoire updated. 

24/7 Customer Support

Dealing in cryptocurrency betting on online casinos can be tricky and confusing for some users. But, not here! Coinbet24 has a dedicated 24/7 customer service team, whom you can reach out via live chat, email or the website contact form. The team usually replies within minutes to solve your problem. 

Simple sign-up

This is the easiest part to get yourself going on Coinbet24. All you need to do is sign up using your email address and country of origin. Once done, you’re good to go! You’ll need to verify your email address in order to be eligible for payouts and withdrawals.

High returns and Promotional Offers

Coinbet24 offers the best and most competitive odds in Bitcoin betting with opportunities for high returns. It also has a range of beneficial promotional offers. All new players are eligible for a 50% introduction casino bonus. Apart from this, all users making their first deposit get a 100% deposit bonus up to 1 BTC. On top of these, Coinbet24 offers regular bonuses to both sportsbook and casino players, thus boosting Bitcoin betting odds by almost 30% over regular odds. 

Winding up! 

Now that you have an idea about Coinbet24, let’s highlight a factor that differentiates it from other online crypto betting platforms. 

The best thing about Coinbet24 is that it does not leave rookie gamers and Bitcoin betters high and dry. It is understandable that many players do not have a very clear idea about Bitcoin betting and online casinos. However, Coinbet24 has a dedicated blog and a Bitcoin Dictionary that is aimed to educate users about the perks of Bitcoin betting, the ways to use the Coinbet24 platform (right from account creation and betting to deposits and withdrawals) as well as the concept cryptocurrency as a whole. 

To sum it up, if you are planning to enter into the online crypto gambling and gaming space, place your bet on Coinbet24. It has been running successfully for over five years now and has emerged as one of the top crypto betting and gaming platforms. 

Sign up today, and start earning! 

 

Caesars-Eldorado Merger at Risk as Coronavirus Disrupts Casino World

As the coronavirus rages on around the US, and the rest of the world, fears that the highly contagious virus might derail what could be the largest casino industry merger are rising by the day.

When Eldorado Resorts, a Reno, Nevada-based regional casino operator, announced its takeover of larger rival Caesars Entertainment Corp. last June, the company expected that the deal would close by late March or early April.

Then the coronavirus stormed through the US casino and hospitality industries, grinding activities to a near halt and forcing gambling regulators to put the proposed $17.3 billion tie-up on the back burner and focus on more pressing issues.

However, as Covid-19 continues to wreak havoc in stock markets and the economy at large, a deal that would create a hotel and casino behemoth strapped with a $20-plus-billion debt could eventually fall through.

Regulators Delaying Rulings on Merger

Caesars and Eldorado need approval from the regulators in the states where the two companies run properties, in order to be able to close the deal.

A handful of regulators have already blessed the marriage of the two companies, but there are still several that failed to rule on the tie-up before the start of the coronavirus crisis.

The Chair of the Nevada Gaming Control Board, Tony Alamo, this week told the New York Post that “there are much more important things happening in our country and industry” but that the merger is still under investigation in the Silver State.

The Nevada Gaming Control Board’s next meeting is scheduled for April.

In New Jersey, where Caesars operates three casinos and Eldorado runs one, the state Casino Control Commission is likely to hold its next meeting on May 13, as revealed by the regulator’s Chair, Jim Plousis.

However, with regulators being busy with other issues, including securing federal funding for the hibernating casino industry, and all the uncertainties stemming from the coronavirus outbreak, Eldorado is now required to pay a ticking fee to Caesars after failing to close the merger within nine months after it was first announced.

Eldorado Could Go Bankrupt if Merger Fails

Eldorado is paying its larger rival around $2.3 million a day in ticking fees. The fee is estimated to reach at least $100 million if the Nevada Gaming Control Board approves the merger at its next meeting in April and its New Jersey counterpart OKs it in May.

If the deal between the two major casino operators falls through, Eldorado will have to pay a penalty fee of $837 million. The company reported late last year $206 million in cash and a $500 million revolving line of credit, which meant that it had access to $706 million in hand.

It emerged this week that Eldorado has drawn down $480 million on its $500 million revolver, although it is unknown what it would or has done with that money.

All of the company’s casino properties are now temporarily closed until further notice in response to the coronavirus emergency and it loses millions of dollars every day. New York investment bank Cowen estimates that Eldorado could lose around $215 million if its casinos remain closed through June.

This means that if its merger with Caesars fails, Eldorado’s obligation to pay the $800-plus million break-up fee could force it into bankruptcy.

Source: Delay in Caesars-Eldorado merger could mean deal totally craps out

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World Chess to Conduct Online Games Via Blockchain Technology

Amid the COVID-19 outbreak, the 2020 World Chess Candidates Tournament in Ekaterinburg, Russia has been temporarily halted after Russia planned to suspend international flights. 8 grandmasters were taking each other on in a quest to face world champion, Magnus Carlsen. However, the tournament could not be continued after seven rounds owing to the global pandemic. In this scenario, World Chess, the official commercial partner of the International Chess Federation (FIDE), is planning to conduct the games online by integrating blockchain technology. 

Chess -The Gentleman’s Game

Ilya Merenzon, CEO of FIDE commented, “Unlike other sports, chess can be played with equal excitement offline and online. That is something that sets it apart from all the other major sports. In the absence of other major sporting events, the Candidates Tournament received unprecedented press coverage this time around.”

Despite being considered as the gentleman’s game, chess players have been heard of resorting to cheating activities like bathroom breaks, fake game records, chess engines, etc. To curb such incidents, the organizing committee is planning to implement blockchain technology if the tournament is played online. 

Blockchain-Powered Anti-Cheating Mechanism

Merenzon is of the opinion that blockchain technology has the potential to mitigate cheating possibilities in chess. Through an anti-cheating engine, the FIDE is looking forward to recording a pile of data in a decentralized server. This data includes the timestamp, players’ biometrics, chess engine evaluation, etc.

As per reports, if the tournament is ultimately shifted online, then this technology would definitely be in place. The FIDE has been working on the anti-cheating engine for quite some time now and is expected to launch it soon.

The FIDE confirmed that the 2020 Chess Candidates Tournament has been postponed to a later date. While any specific time frame has not yet been disclosed, it is expected that the tournament will resume once the Coronavirus situation stabilizes. 

It is fair to say that, if chess adopts blockchain to retain integrity in the sport, then it will be a major step towards the adoption of blockchain technology in the sports industry. 

Asian betting revenue could equal World Cup final during China-USA basketball match

LeTou CEO Paul Fox believes betting revenue in Asia could be “on a par with the Fifa Football World Cup final” if the Chinese men’s basketball team plays the USA at the Tokyo Olympics this summer.

Two main factors affect Olympics betting in Asia , as Fox explains. The first is the event being held on the continent and during an Asian time zone;  the second is the fact it contains two of the most popular sports for Asian bettors: football and basketball.

Of the two, Fox says basketball could be the biggest draw – especially if the Chinese national men’s team faces the US.

The LeTou CEO tells Gambling Insider: “With the upcoming Olympic Games taking place in an Asian time zone, we will expect monstrous traffic during the basketball competition in particular.

“If the Chinese national team played the star-studded USA team then we could see revenue on a par with the Fifa Football World Cup final.

“Time zones are always critical whatever the sporting event, as live betting makes up a huge number of the bets we receive. We expect to receive a much higher volume of bets at Tokyo 2020 than we did at the 2016 Olympic Games in Rio.”

Gambling Insider‘s full Olympics B2B betting preview will be published in our upcoming Sports Betting Focus. Read the magazine here when available.

Resorts World Las Vegas Announces Hilton Partnership

In an eventful week, Resorts World Las Vegas, the $4.3 billion resort currently under construction on the Las Vegas Strip, announced a major partnership with Hilton.

Under the terms of the deal, the hospitality giant would bring three of its premium brands to the luxury integrated resort.

The recently signed partnership is the largest multi-brand deal in Hilton’s history. It includes the company’s Hilton Hotels & Resorts, LXR, and Conrad. Resorts World Las Vegas with its planned 3,500 rooms will also be part of Hilton’s guest-loyalty program Hilton Honors.

The program, which spreads across the hospitality group’s 18 brands, provides its members with direct access to a number of benefits for guests of Hilton properties, including flexible payment options, exclusive discounts, and Digital Key, among other things.

News about Resorts World Las Vegas’ partnership with Hilton emerge just days after the property announced that it has selected Konami Gaming as the exclusive gaming system management partner for its 110,000-square-foot casino.

That earlier partnership will see Resorts World Las Vegas utilize Konami’s SYNKROS gaming technology system that will enable the property to “streamline, manage, and optimize” its gaming operations by “converting meaningful data into actionable information.”

Resorts World Las Vegas is currently under development in the northern end of the Las Vegas Strip. The property is set to open doors in the summer of 2021.

Returning to the Strip

With the multi-brand deal, Resorts World Las Vegas and Hilton will mark the return of the Hilton brand to the Strip, which was once home to the iconic Las Vegas Hilton. The original Las Vegas Hilton hosted long-running residencies by Liberace and Elvis Presley. The property operated until 2012.

Commenting on the partnership, Scott Sibella, President at Resorts World Las Vegas, said that with their “commitment to redefining the luxury hotel standard in Las Vegas, it was only natural for us to partner with Hilton” and that their partner “embodies the values and top-level hospitality that align with Resorts World’s priority of bringing an unmatched guest experience to the Las Vegas market.”

Hilton President, Global Development, Architecture, Design & Construction Ian Carter added that “this will mark our largest multi-brand deal in company history, and we are excited to work with our new partners to create a distinct hotel experience in an unbeatable location for our future guests and Hilton Honors members.”

Aside from 3,500 hotel rooms in two towers, Resorts World Las Vegas’ facilities will also include a 110,000-square-foot casino, a 5,000-capacity theater that would host celebrity residencies and corporate events, a 220,000-square-foot pool complex with seven unique pool experiences, and a collection of casual of fine-dining food and beverage outlets, among others.

Source: Resorts World Las Vegas and Hilton Partner to Introduce New Multi-Brand Las Vegas Resort

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888Poker extends World Series of Poker sponsorship

888Poker has announced the continuation of its sponsorship of the World Series of Poker (WSOP) for the sixth consecutive year.

The poker series will host players at the Rio All-Suite Hotel & Casino in Las Vegas, starting from 26 May, and will be broadcast online and on TV via ESPN and PokerGo.

In the build-up to the main event, 888Poker offers poker players from outside the US the opportunity to qualify through its online platform and will host online promotions and campaigns including multi-step satellite tournaments.

Starting on 23 February and ending 14 June, every weekend players will have the chance to win a $15,000 WSOP 2020 package, which includes a $10,000 buy-in to the luxury WSOP main event, an $888 buy-in to the Crazy 8’s side event, travel and accommodation.

The 2019 WSOP had a record 187,298 entries, creating a 50-year high of $293m in prize money.

Guy Cohen, 888 Holdings’ SVP of B2C, said: “We are very excited to be sponsoring the World Series of Poker in Las Vegas for the sixth year running.

“We’re proud to be long-standing partners of WSOP, the biggest and most popular poker series in the world, as part of our commitment to make poker more accessible and exciting for our customers who will be able to qualify for the biggest poker event of the year directly from 888Poker’s online platform.”

Resorts World Las Vegas Picks Konami’s SYNKROS Casino System

Resorts World Las Vegas, the luxury $4.3-billion integrated resort currently under development in the north end of the Las Vegas Strip, has selected technology provider Konami Gaming as its exclusive gaming system management partner.

Set to swing its doors open in the summer of 2021, Resorts World Las Vegas will feature a 110,000-square-foot casino among a number of other amenities.

The resort’s partnership with Konami enables it to utilize the provider’s SYNKROS gaming technology system that will help the property “streamline, manage, and optimize” its gaming operations by “converting meaningful data into actionable information.”

Resorts World Las Vegas will be the first casino property on the Strip to harness the full suite of tools available through SYNKROS and its enterprise software license.

The dynamic and comprehensive system will provide the casino resort with all the necessary marketing, communication, and tracking tools that are all designed in a manner that aims to enhance player engagement through individually tailored incentive offerings; assess and optimize the casino’s performance in real time through detailed reports and visual analytics, and manage accounting as well as slot and table game operations.

Through their partnership, Resorts World Las Vegas and Konami will also work to constantly improve player experience through a wide range of benefits, including cashless wagering, mobile account management, and loyalty and bonus rewards, among others.

Reinventing the Hospitality Experience in Las Vegas

Commenting on their decision to team up with Konami, Resorts World Las Vegas President Scott Sibella said that “reinventing the hospitality experience in Las Vegas means enhancing our service measures and boosting customer engagement through every touch point of the Resorts World Las Vegas experience, including gaming.”

Mr. Sibella also noted that the implementation of the SYNKROS system will enable them to contact with their casino patrons in real time and provide them with “the most cutting-edge, personalized gaming experience” on the Strip.

Tom Jingoli, Executive Vice President and CCO at Konami, said that “for years, Konami’s SYNKROS has worked to deliver guest experiences at the forefront of innovation, so the chance to create new heights of engagement and entertainment for future Resorts World patrons truly resonates with our shared, enduring vision.”

About Resorts World Las Vegas

Resorts World Las Vegas is on track for its planned summer 2021 opening. The property is being developed and will be managed by Malaysian gaming and hospitality group Genting and will be the latest addition to the company’s already rich portfolio of luxury properties in key casino hubs.

When it opens doors, Resorts World Las Vegas will feature a hotel with 3,500 rooms, suites, luxury villas and penthouses in the property’s two towers; a 110,000-square-foot casino with slot machines, table games, private gaming areas, a poker room, and high-limit gaming spaces; and more than 200,000 square feet of food and beverage offerings, including authentic street food experience and Michelin star dining.

The resort will also feature more than 70,000 square feet of retail space with 28 shops offering globally recognized brands; 350,000 square feet of meeting and banquet space; a 220,000-square-foot pool complex with seven unique pool experiences, including an infinity pool with some of the most amazing views of the Las Vegas Strip; a 14,000-square-foot entertainment zone with a race- and sportsbook and featured entertainment; and a 5,000-capacity theater that will be hosting A-list residencies and corporate events.

As mentioned above, the luxury resort will have two towers. Its West Tower will feature a 100,000-square-foot LED screen (one of the largest building displays in the US), while the East Tower will feature a 19,000-square-foot one. A 50-foot diameter video globe that will display more than 6,000 square feet of LED content will also be part of the captivating technology innovations that visitors will be able to see at the property.

Source: Resorts World Las Vegas Names Exclusive Gaming System Management Partner

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