The NFT marketplace buys the nearly five-year-old DeFi protocol but does not share financial terms.

Jackpocket is officially available in New Jersey for download on Android smart devices through the Google Play store. Jackpocket’s iOS app for Apple products debuted last fall. Jackpocket is a third-party lottery service that acts as a courier for lottery players. Third-party lottery apps are common in other parts of the world, but remain limited […]

The post Jackpocket Lottery App Expands in New Jersey, as Mega Millions Climbs to $347M appeared first on Casino.org.

The Great Canadian Gaming Corporation (GCG) is warning the Ontario government and Premier Doug Ford of the financial consequences of legalizing iGaming under the province’s proposed regulations. GCG is the largest operator of land-based casinos in Ontario, Canada’s most populated province and home to the nation’s Ottawa capital. The casino company recently contracted an independent […]

The post Great Canadian Gaming Claims Ontario iGaming Will Devastate Land-Based Casinos appeared first on Casino.org.

NFT marketplace OpenSea has confirmed its acquisition of Dharma Labs.

The post OpenSea confirms acquisition of Dharma, sets sights on fiat onramps appeared first on The Block.

Mohegan Sun and Foxwoods experienced a much better year in terms of gross gaming revenue (GGR) in 2021 than the two Southeastern Connecticut casinos did in 2020. GGR from the tribal casinos’ slot machines totaled roughly $866 million last year. That’s a 32 percent year-over-year gain from 2020. Under their longstanding Class III gaming compacts, […]

The post Mohegan Sun, Foxwoods Report Slot Machine Win of $866M in 2021 appeared first on Casino.org.

China is expected to maintain its “zero-COVID” policy approach to battling the ongoing pandemic through most of 2022. That’s according to a recent note from financial services firm Jefferies. China’s strict policy that requires the implementation of severe operating limitations on most nonessential businesses when COVID-19 outbreaks occur has greatly limited the recovery of Macau’s […]

The post China ‘Zero-COVID’ Policy Response Expected to Remain Through 2022 appeared first on Casino.org.

Celine Dion is continuing to cancel tour dates due to lingering personal health issues. The 53-year-old Las Vegas Strip headliner announced recently that the entire North American leg of her “Courage World Tour” has been canceled. Dion says in a note to fans that the cancellations are because of ongoing “severe and persistent muscle spasms.” […]

The post Celine Dion Cancels North America Dates, Las Vegas Residency Further Postponed appeared first on Casino.org.

Macau casinos are rejoicing. That’s following last Friday’s news by the Chinese Special Administrative Region (SAR) government that it will maintain status quo when it comes to the number of licensed gaming operators. Macau surprised the industry last week by announcing initial details regarding its next regulatory environment. The operating concessions for Sands, MGM, Wynn, […]

The post Macau Casinos Celebrate New Gaming Law, Industry Remaining at Six Players appeared first on Casino.org.

A new non-fungible token (NFT) marketplace LooksRare launched with a bang last week, transacting over $1 billion in sales after debuting only on January 10. Total sales figures are now more than 40 percent of leading NFT platform OpenSea’s entire sales volume for the past week, according to DappRadar. Interestingly, the latest NFT platform LooksRare achieved such a large sales volume with only a fraction of the users of OpenSea. For instance, on January 13, LooksRare’s sales volumes were more than five times higher than OpenSea, yet it did so with less than 3,000 users, compared to OpenSea’s 70,000. The platform’s incentive structure reveals how this has been possible. As part of the launch, LooksRare offered a free airdrop of LOOKS tokens to OpenSea users who transacted at least 3 ETH worth about $9,630 on the marketplace between June 16 and December 16, 2021. This tactic is known as a ‘vampire attack’ when one platform uses incentives to lure their top customers. LooksRare is the second platform to have utilized this tactic against OpenSea, the first being Infinity in October last year. The latest NFT platform arrives at a time of OpenSea’s continual success, but also frustration across the NFT community. For instance, OpenSea has been facing technical issues lately, including a period of extended downtime which CEO Devin Finzer described as ‘unacceptable.’ He further assured that the NFT platform will ramp up the hiring of engineers and customer service employees. I know how impactful outages are to the creators and communities who rely on OpenSea, and this morning’s extended outage was unacceptable. Here’s what happened, and what we’re doing to improve – fast: https://t.co/zo2eCLEBrU — Devin Finzer (dfinzer.eth) (@dfinzer) January 10, 2022 Despite this, OpenSea is currently on track for its best month to date in Ethereum trading volume. Currently, the platform’s ETH trading volume sits at $2.27 billion already, only one-third of the way into the month. Meanwhile, the best month to date was August 2021 with nearly $3.43 billion in ETH trading volume. The NFT market overall surged to more than $22 billion worth of trading volume in 2021, according to data from DappRadar. OpenSea led the market share with more than $15 billion of trading volume in 2021, according to data from Dune Analytics.

The post LooksRare on Track to Overtake OpenSea in Market Share appeared first on Cryptoknowmics-Crypto News and Media Platform.

Mississippi casino employees who were temporarily laid off or saw their hours reduced during the height of the pandemic – and collected state unemployment – are now being told to repay some of that compensation. The Mississippi Department of Employment Security (MDES) recently sent letters to state residents who are believed to have wrongly received […]

The post Mississippi Casino Workers Ordered to Repay COVID-19 Unemployment appeared first on Casino.org.

Nevada Gov. Steve Sisolak (D) says money distributed to the state under the federal government’s $1.2 trillion infrastructure bill signed in November by President Joe Biden will be used to help complete the I-15 Tropicana Project in Las Vegas. The White House released allocation details of the massive spending bill last week. Under the first […]

The post Nevada Gov. Steve Sisolak to Use Federal Funds to Widen I-15 Tropicana Overpass appeared first on Casino.org.

Atlantic City casinos won more than $2.55 billion from gamblers in 2021. The brick-and-mortar gross gaming revenue (GGR) number is only 4.9 percent short of the $2.68 billion the same nine casinos generated in pre-pandemic 2019. GGR from retail slot machines totaled $1.87 billion. Table game win was $680 million. Total land-based GGR in 2021 […]

The post 2021 Atlantic City Casino Revenue Within Five Percent of 2019 appeared first on Casino.org.