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Nova Scotia Gambling Revenue Up by $40 Millions

Nova Scotia Gambling Revenue Up by $40 MillionsGood news for the Nova Scotia Provincial Lotteries and Casino Corporation as their revenue for their lotteries and Video Lottery Terminals has increased their revenue from $396.6 million in 2014-2015 to $441 million for the 2015-2016 year.

According to a press release from Thursday, CEO and President of the Nova Scotia Provincial Lotteries and Casino Corporation attributes the surge in revenue from big wins in the ticket lotteries and a sharp upward spike in revenue from the VLTs.

For the gambler, this poses some interesting questions about the coloration between the cancelation of the “My-Play” program, a program that targeted the deterrence of people with gambling addictions from playing which in reality only stopped people without any gambling issues from playing.

Read more: Nova Scotia Gambling Revenue Up by $40 Millions

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CRSportsBet.ag Adds Bitcoin and Ria to Its Banking Methods

CRSportsBet.ag Adds Bitcoin and Ria to Its Banking MethodsSan Jose, Costa Rica –CRSportsBet.ag, an online gambling and entertainment company based out of San Jose, Costa Rica announced today that it now offers Bitcoin and Ria Money Transfer as a banking method for all of its sports betting and gambling services.

Bitcoin was created in 2009 as a form of digital currency that can be exchanged through electronic devices like a smart phone and is used by over 100,000 businesses globally with well over a quarter and a half million Bitcoin transactions daily.

 Since its inception, the gambling industry has been pushing the use of Bitcoin because it is a centralized currency and is anonymous because Bitcoin transactions do not disclose any personal information.  In addition, it is not subject to the regulations and rules that conventional currencies are bound by.

Read more: CRSportsBet.ag Adds Bitcoin and Ria to Its Banking Methods

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Missouri Fantasy Sports Bill Heads for the Senate

Missouri Fantasy Sports Bill Heads for the SenateFantasy Sports has gained in popularity in the last decade and in fact has paid out over $3 billion in fantasy sports winning in the last year and over $250 million in entry fees.  Missouri residents; however, are currently not allowed to play contests for prizes and fans of fantasy sports in Missouri are eagerly awaiting on whether or not the bill allowing them to legally take part in fantasy sports will be accepted.

The state House has just passed a bill that would regulate the fantasy sports industry and would require fantasy sports websites operating in Missouri to pan an annual $5,000 fee as well limit the laying for those under 18 years of age and not allow employees of fantasy sports sites to play with insider knowledge. 

This bill is known as HB 1941 and is currently on its way to the Senate for a vote.

Read more: Missouri Fantasy Sports Bill Heads for the Senate

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Daily Fantasy Sports Scrutinized by Congress

Daily Fantasy Sports Scrutinized by CongressOn Wednesday, the U.S. Congress decided to study the legalities and the future of daily fantasy sports after months of individual legislative battles by several states.  This year, ten state attorney generals have ruled that daily fantasy sports that include fantasy football, fantasy baseball and such are in violation of state gambling laws.

In addition twelve other states like Missouri are actively considering regulatory legislation for fantasy football.  Yesterday’s meeting of the House Subcommittee on Commerce, Manufacturing and Trade became the first discussion regarding daily fantasy sports at a federal level.

Fantasy sports Games is a multibillion dollar business that is often advertised during the football, basketball and baseball season with DraftKings and FanDuel being the two largest Fantasy Sports companies leading the pact.  Oddly enough, their presence was not at the meeting.

Read more: Daily Fantasy Sports Scrutinized by Congress

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CRSportsBet.ag Announces the Acquisition of FastWager.com

FOR IMMEDIATE RELEASE: April 7, 2016

CRSportsBet.ag Announces the Acquisition of FastWager.comSan Jose, Costa Rica – Costa Rica based CRSportsBet.ag, an online gambling and entertainment company, announced today the acquisition of FastWager.com, an online sports betting company known for having reduced juice betting, strong financial backing and excellent customer service.

The announcement was made on Wednesday by James Chu, the CEO of CRSportsBet.ag who has been reviewing the possible acquisition of FastWager.com for the past six months.

 FastWager.com was originally owned by a price-per-head operation that wanted to try its hand at a post-up operation after having such a large success with its current business model.  Even though FastWager.com was a success, their management wanted to concentrate on their core business and decided to sell it.

Read more: CRSportsBet.ag Announces the Acquisition of FastWager.com

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Big Bonus Sportsbooks – Big Rewards & Even Bigger Risks

How to Play with a Big Bonus Sportsbook and Still Get Paid

Big Bonus Sportsbooks – Big Rewards & Even Bigger RisksEvery year, about 100 new sportsbooks are created and every year about 95% of these companies go out of business by the end of the NFL season.  These are the new and small operations that give out 100% cash bonus or even up to 200% bonus in free play in order to get started.

For the veteran sports bettor, that is an offer that is too true to be good.  That is because of the legitimate online sportsbooks that have been around for over a decade and have a reputation for paying their players’ winnings in a fast and efficient manner only give out up to 30% bonus.

Despite these facts, thousands of sports bettors are still willing to take the risk of not getting paid on their winning because they do not know anything about the offshore sports betting industry or because they are willing to take the risk for a large possible reward.

Read more: Big Bonus Sportsbooks – Big Rewards & Even Bigger Risks

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1Vice.ag Gives Out over $65,000 in Contest Prizes for the 2015-16 Football Season

FOR IMMEDIATE RELEASE: January 13, 2016

1Vice Press ReleaseSan Jose, Costa Rica – Sports entertainment and gambling company 1Vice.ag is pleased to announce the winners of its "3rd Annual College Football Bowl ‘Pick 20’ contest”, a competition held on the MadJackSports forum where players test their college football handicapping skills against each other.

This year, the grand prize winner is Brandon M. who won first place and has received $3,000 in cash in his 1Vice.ag account.  Here are the results of the other winners of the contest:

Read more: 1Vice.ag Gives Out over $65,000 in Contest Prizes for the 2015-16 Football Season

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