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Delaware Brick-and-Mortar Casino Sector Advisory Board Holds State’s Fate, While Keeping Cards Close

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Donald Trump Campaign Hires Las Vegas, Nevada Sands Relative Michael Abboud as Communications Coordinator

Donald Trump Campaign Hires Las Vegas, Nevada Sands Relative Michael Abboud as Communications Coordinator

Donald Trump is expanding their campaign staff, and one key hire is Michael Abboud, nephew of Las Vegas Sands executive Andy Abboud. (Image: Drew Angerer/Getty Photos)

Donald Trump is planning his campaign for the stage that is final winning the White House in November over Hillary Clinton. This week the Republican nominee announced the hiring of three key jobs, and probably the most notable revelation to the gambling community is the employing of Michael Abboud.

Abboud is the nephew of Andy Abboud, the Las Vegas Sands vice that is senior of government relations and community development. Las vegas, nevada Sands is owned by billionaire Sheldon Adelson who’s pledged $100 million to Trump’s efforts.

Based on the Trump campaign, Abboud will ‘execute the campaign’s quick response and daily texting.’ The 26-year-old will additionally provide Trump with briefings and breaking news tales.

‘I am constantly building a superior political team,’ Trump said in a statement as we continue to work to defeat Hillary Clinton this November. ‘We are taking our messages towards the people so that individuals can again make American Great.’

Scratch My Back, Scratch Yours

Adelson is one of the staunchest supporters of the GOP. While the billionaire has historically spread his donations across Republican candidates, in 2016 he’s going all-in with Trump.

In addition to being certainly one of th Continue Reading →

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Pokémon Go Investors Betting on Nintendo, Gamblers Betting on Lines

Pokémon Go Investors Betting on Nintendo, Gamblers Betting on Lines

Pokémon Go has taken the global world by storm, and casinos are prepared to cash in on the Nintendo app’s runaway success. In line with the franchise that is popular debuted in 1996, Pokémon Go features augmented reality (AR) game play that challenges users to capture Pokémon and train them for battle.

The Pokémon Go Nintendo app has inundated Las Vegas, therefore the World Series of Poker at the Rio and at least one other casino are currently catering to your popular new trend. (Image: Pokemon Go Las Vegas/twitter.com)

Pokémon appear through the world, and players chase the figures through GPS-enabled location technology. First released on July 6, Pokémon Go has been downloaded more than 15 million times in its first week alone.

The gaming that is new has quickly attracted the interest of America’s gaming epicenter: Las Vegas. An official Pokémon stop where supplies can be purchased at least one casino is rushing to make its resort.

And overseas, sports books are looking to money in while the trend is red-hot.

Irish bookmaker PaddyPower ran a line asking if the game would fall from being the most app that is downloaded. Meanwhile, down under in Australia, Sportsbet has many different wagers. including which politician will first play the game, and whether Pokémon Go will overtake Twitter for some users that are daily.

Pokémon Go Strips Continue Reading →

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Cryptocurrency Platform Ethereum Raided by Hacker, $50 Million Stolen

Cryptocurrency Platform Ethereum Raided by Hacker, $50 Million Stolen

A hacker removed $50 million in Ether from the Decentralized Autonomous Organization, plunging investors into a panic, however some argue that no theft has occurred.

Ether, the currency that is digital has been billed as the ‘next’ bitcoin, plunged in value on Friday when a hacker exploited a software flaw in the Decentralized Autonomous Organization (DAO), sending the equivalent of $50 million Ether into the ether and the cryptocurrency investment community into a panic.

If this appears bewildering, we are going to try to explain.

Ether could be the currency supported by the Ethereum blockchain, a platform designed to supply greater flexibility for decentralized peer-to-peer-traded currencies than projects developed at the top of the bitcoin protocol. Ethereum permits the creation of ‘smart contracts,’ which enables a variety of business transactions and perhaps not just currency transfers.

The DAO is a completely leaderless company built on the Ethereum platform and run entirely on computer code. It makes use of these smart contracts to build a endeavor capital fund devoted to sponsoring new cryptocurrency projects. All DAO choices are taken via a vote of its people whom utilize digital tokens, purchased with Ether, to register their vote. In this way, DAO had raised $162 million to assist fund fledgling jobs.

Remain Calm

But DAO members watched in horror, in real-time, on as a hacker exposed a softwa Continue Reading →

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Pennsylvania Casinos See Their Taxes Increased, Sheldon Adelson’s Sands Bethlehem Suffers Most

Pennsylvania Casinos See Their Taxes Increased, Sheldon Adelson’s Sands Bethlehem Suffers Most

Table game revenue at Pennsylvania casinos will be taxed two soon % higher, and the increase will most greatly affect the Sands Casino Resort in Bethlehem.

Pennsylvania gambling enterprises will quickly begin paying higher taxes on revenues generated at their tables. Lawmakers in Harrisburg continue to look for brand new sources of income to bridge a $1 billion spending plan gap in their state’s investing plan for the upcoming year that is fiscal and gambling is enemy # 1.

The Republican-controlled legislature recently authorized increasing taxes on casino table games from 14 to 16 percent, an apparently modest hike that in reality can pay substantial dividends. According to calculations, the state stands to receive an additional $17 million annually from the two per cent bump.

The 16 % income tax price adopts effect week that is next.

‘This one sort of came out of nowhere,’ Sands Casino Resort Bethlehem CEO Mark Juliano told The Call in Allentown morning. ‘We’re not happy about. Pennsylvania is currently the highest tax environment for casinos, but we’ll deal along with it.’

Feet in the Sands

The tax increase on Pennsylvania gambling enterprises will most impact the Sands Bethlehem resort. Owned by billionaire Sheldon Adelson, certainly one of Donald Trump’s biggest financiers within the 2016 election that is presidential Adelson’s venue is considered the most profitable casi Continue Reading →

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