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World Casino News Irish betting taxes to remain at 1% for 2018 Ireland's Finance Minister Paschal Donohoe (pictured) has decided not to change the country's taxes on betting businesses for 2018 but will revisit the issue before announcing the budget for 2019. The minister had been considering three options that could have added as much as €50 million to the Exchequer for the coming year. However, the issue is fraught with pitfalls and controversies with no immediate easy answer. The matter has pitted various interests in betting against each other with little understanding seeming to come from their respective proposals. When looking at the Irish betting model it is good to keep in mind that it is unique in the world with its own strengths and weaknesses. A fair decision that takes in all considerations, based on total taxation as well as potential profits and indeed the survival of small betting shops must be weighed against the government's need for revenue, the ...

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World Casino News Land casino reportedly places Blockchain gambling machine The Ethereum blockchain development company SmartPlay has reportedly placed one of their cryptocurrency gambling machines in a land-based casino. The SmartBox machine operates on smart contracts using the Ethereum blockchain. This is a separate blockchain than Bitcoin is found on and ETH has its own value. Rather than having a random number generator and gaming software within the machine itself, the gambling program is actually written into the blockchain. The sponsored post, which the company placed on Bitcoinist.com , does not go into much detail about what sort of games are available on the machine, nor where it is located. However, the company's official web page notes the production of the first blockchain gambling machine on November 16, 2017, and references only SmartRoulette as a game developed at that point in time. Company documents indicate that future developments will include poker, ...

World Casino News Maryland lawmakers want casino gambling funds in edu “lockbox” In Maryland , a pair of leading General Assembly Democrats are hoping to see revenues from casino gaming in the state put aside and used to help public schools. Delegate Maggie McIntosh and Senator Joan Carter have plans to introduce an amendment to the state constitution that will place the casino gambling revenues of the state in a ‘lockbox’ to be used by public schools when needed. As chair of the House Appropriations Committee, McIntosh stated in a report by The Baltimore Sun that the amendment would make sure that the taxes from gambling will be used to enhance the K-12 education fund formula and not used to finance the program. The only spending priority of the state constitution is education. In the interview, McIntosh stated that the amendment would help to keep a promise made by lawmakers to voters when casino gaming was approved back in 2008 and expanded four years later that the revenu...

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Casino News Daily Wealthiest Gambling Bosses of 2017 – the Rags-to-Riches Stories of Five Remarkable Visionaries Building wealth is hard. Keeping and increasing that wealth is even harder. It requires deployment of smart strategies and risk-taking. The five people below have apparently found the recipe for building wealth . What is more, they have managed to overcome the challenges of being born into poverty and to create something better for themselves and for many others. These five remarkable businessmen currently top Forbes’ richest gambling representatives list. And while they are involved in different sectors of the global gambling industry, it can be said that they have quite a lot in common. They have found what it comes down to to become a wealthy gambling boss, have come up with concepts all unique for the industry, and have spotted the right niche to eventually create and grow successful gambling enterprises . Here is how they have achieved what they have achieved....

World Casino News Casino bill pre-filed in Kentucky for 2018 Efforts to see casino gaming brought to the state of Kentucky will be revived next year as one Senator has already pre-filed a new casino bill. Lawmaker Dennis Keene feels that the atmosphere is more receptive currently which could help see the state pass a measure to begin providing casino games. According to WCPO Cincinnati , Keene has pre-filed a measure to see as many as four casinos created in Kentucky. Horse racing is already on offer in the state and Keene feels that the pari-mutuel properties and new casinos would be able to provide a nice variety of sports betting options. Sports betting is now a common topic of conversation as the state of New Jersey is involved in a case that is being reviewed by the United States Supreme Court. A decision on Christie vs. NCAA is expected to come next year, and if the court rules in favor of NJ, it would open up sports betting to every state that choose to offer the gami...

Casino News Daily Upcoming Poker Tournaments – Holiday Edition After unwrapping their Christmas presents and emptying their Christmas socks, many would likely feel tempted to head to a nearby or not so nearby casino for some holiday edition poker action . If there are such avid poker players among our readers, we at Casino News Daily have compiled a list of some of the poker events that will take place in the week after Christmas and before New Year. Here is a little bit more information about these. 2017 Deepstacks Challenge The Borgata Casino, one of the casinos gracing the emblematic Atlantic City Boardwalk, will welcome players between December 26 and December 29 to celebrate Christmas with them and to offer them the chance to take part in four No-Limit Hold’em tournaments. A single single-day tournament will take place on each of the four days within the Deepstacks Challenge. The $120 No-Limit Hold’em with a guaranteed prize pool of $15,000 will open the poker bonanza...

World Casino News King’s Casino prepares to host German Poker Tour Christmas Edition Rozvadov has been a hot spot for poker action lately, as King’s Casino has continued to host prominent live poker tournament events. The casino is currently preparing to host the German Poker Tour Christmas Edition starting next week with tournaments running from December 25th to the 30th. The most anticipated event of the poker tour stop is the Main Event, which will have a buy-in of €299 and feature €200,000 in guaranteed prize money. Players will be given 50,000 in starting chips with blinds set to increase every 45 minutes during the three opening flights. Players will have the ability to reenter during each flight, with the option to take the highest chip stack earned when the final day of play begins on the 30th. King’s Casino will be offering three qualifiers for the Main Event, each with a €70 buy-in. Each qualifier will guarantee ten seats to the Main Event. On top of the Main Even...

Latest Casino Bonuses Bitcoin Cash Embassy To be Opened in Cyprus Bitcoin Cash (BCH) adoption is looking rosy. Coinbase and Gdax have all launched their BCH services recently and helped this young cryptocurrency gain further momentum. The time is ripe for the opening of the first BCH Embassy – and this community center will be located in Limassol, Cyprus, the region’s second-largest city. The embassy opening is due in early 2018 and it will be a get-together venue for cryptocurrency enthusiasts and users where they will be able to exchange their ideas and views, attend seminars and discussions and meet experts of the industry. It will be opened by the same company that inaugurated the first Bitcoin ATM in Limassol one month ago – Hello Group. There is a one key reason why Cyprus was chosen for this. The island has many financial offshore centers that are used by companies from the larger part of Europe and Middle East as well (being so geographically close ...

Casino News Daily Shared Online Poker Liquidity Progress: Will the Project Go Live in 2018? With online cash game poker being in a state of decline for years, it was last summer when the regulators of four European segregated markets decided that something should be done, and done quickly. The French gambling regulator ARJEL initiated year-long discussions with its counterparts from Italy, Spain, and Portugal, which discussions produced the shared online poker liquidity agreement this summer. The shared liquidity project will allow operators licensed in the four countries to merge their player pools in a bid to improve their profitability in the respective markets and to hopefully boost regulated cash game activity there. While it was expected that an initial phase of the shared liquidity network would be launched by the end of the year and later on became clear that this would not happen, significant progress was made in 2017 in relation to the project’s eventual real...

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Casino News Daily New Jersey’s Gambling Industry Enters Year of Big Changes A year of big changes may be coming for Atlantic City and New Jersey’s gambling industry. In the first place, Atlantic City, once the only casino gaming hub on the US East Coast, will see the re-opening of at least one previously closed casino . This is hoped and expected to boost the city’s casino industry after a streak of unpleasant events from the past several years. In the second place, New Jersey might emerge the winner from a legal battle against major US sports leagues over the legality of sports betting in the state and the nation. The lawsuit is currently reviewed by the Supreme Court, and it is believed that a ruling will be issued sometime in the first half of 2018. Prior to 2008, when the Great Recession sunk its teeth into the US, Atlantic City was one of the world’s most popular casino destinations. With the major economic crisis and the opening of new casinos in othe...