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USFantasy Sports Approved by Nevada Gaming Commission

Nevadans will undoubtedly be in a position to play a form of daily dream contests after USFantasy Sports was approved by the state’s Gaming Commission.

The USFantasy Sports pari-mutuel betting system developed by Las Vegas gaming veteran Vic Salerno is authorized by the Nevada Gaming Commission. The unanimous vote in support returns daily fantasy sports contests towards the Silver State, albeit in a refurbished arrangement.

USFantasy will significantly differ from DraftKings and FanDuel, the two DFS market leaders. Rather of selecting a roster of players under a set salary cap restriction, USFantasy will mimic how pari-mutuel horse racing is currently wagered.

‘we have been actively working with the legislative and regulatory bodies of several states to propose the adoption of the USFantasy platform as a turn-key way to regulate, offer tax revenue, and provide a fair platform for dream sports,’ Salerno said. ‘We think that USFantasy has developed a great contest format that will attract all levels of contestants.’

USFantasy is anticipated to be installed and operating in August.

Pari-Mutuel DFS

Therefore just how exactly will USFantasy provide contests on professional sports? The training curve will be quite minimal for anybody that is ever bet on a pony.

With football, the many popular DFS sport in America, contests will be centered on certain jobs such as quarterback, operating back, wide receiver, tight end, kicker, Continue reading “USFantasy Sports Approved by Nevada Gaming Commission”

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Pennsylvania Casino Industry Posts Record Revenues

Sands Bethlehem, which grabbed the lion’s share of Pennsylvania’s record table game haul, but missed out general to its closest rival, Parx Casino.

Pennsylvania’s casinos reported the greatest results in their history that is nine-year for 12 months ending June 30, 2016. Based on the Pennsylvania Gaming Control Board, income from slots and dining table games topped $3.2 billion for the period, toppling the record that is previous $86 million. Table games revenue alone was $839 million, up almost 8 per cent on last 12 months.

Sheldon Adelson’s Sands Bethlehem may be the casino that is biggest in the state and, not surprisingly, it took the lion’s share of table games income, some $228.1 million, up 12.4 percent year-on-year, and dwarfing its closest competitor, Parx Casino, which took $155 million.

Rogue Chip Smuggler

Sands achieved this impressive figure, incidentally, despite the revelation that one of the casino’s dining table game supervisors ended up being charged today with removing high-domination chips from the casino secreted inside her bra.

Local woman Brandy Micheli-Cheatham, 44, ended up being spotted by eagle-eyed security staff stuffing six chips that are purple each worth $500, into her underclothing. She admitted to your crime after being apprehended by casino staff that has initially figured she ended up being just happy to see them.

Despite all the exciting interruptions down at the Sands, Adelson’s joint Continue reading “Pennsylvania Casino Industry Posts Record Revenues”

Crown Resorts $1.1 Billion Sydney Casino Project Cleared for Take-Off

An music artists’ rendering of Crown’s towering Crown Sydney Hotel Resort, which was green-lit this week

James Packer’s Crown Resorts has received approval to transform the skyline of Sydney, Australia, aided by the creation of a skyscraping $1.1 billion casino resort.

The 72-story Crown Sydney Hotel Resort project has cleared the hurdle that is final finalized off on Monday by the brand New South Wales Planning Assessment Commission, and now awaits the formality of a green light through the local government for construction to begin. Crown ended up being additionally awarded a gambling license that is 99-year.

The casino resort complex, that may be Sydney’s second, after Star Casino, will tower above Barangaroo on the northwestern edge of Sydney’s central business district and certainly will aim to attract high-rolling gamblers from Asia.

Crown Resorts recently announced it would offer $800 million of its shares in Macau-based Melco-Crown, reducing its stake from 34 percent to 27 %, reigning in its expansion in Asia in order to focus on projects closer to house.

Including the Sydney casino, Crown has expensive developments that are new for Melbourne and Perth and, as Macau’s fortunes tumble, they evidently decided that it’s safer to lure Asian high-rollers to Australia.

Changes Ordered

The Crown Sydney will boast a hotel that is 300-room flats, restaurants, bars, shops, conference facilities and VIP video Continue reading “Crown Resorts $1.1 Billion Sydney Casino Project Cleared for Take-Off”