Monthly Archives: September 2016

New Jersey’s online gambling revenue growth slows in August

New Jersey’s regulated online gambling market continued its trend of double-digit gains in August but failed to set a new revenue record.

Figures released Wednesday by the New Jersey Division of Gaming Enforcement (DGE) show overall online revenue of $16.1m in August, up 31.6% year-on-year but well back of the record $17.4m earned in July.

Online casino revenue continued to drive the overall figures, rising 35.8% year-on-year to $13.9m. Online poker shook off its traditional summer slump by rising 9.6% to $2.17m. For the year-to-date, overall online revenue totaled $128.2m, 32.6% higher than at this point last year. Poker is up 10.7% to $17.9m while casino jumped 37% to $110.3m.

The Borgata Hotel Casino-affiliated sites held on to pole position on the revenue chart, albeit not by much. The Borgata sites garnered $3.73m in August, with casino contributing $3.12m and poker anteing up $608k.

Quebec securities watchdog may have botched Amaya insider trading probe

Quebec securities watchdog may have botched its insider trading investigation of Amaya Gaming‘s former CEO David Baazov by failing to secure his mobile phone in time.

Tuesday saw the conclusion of two days of hearings by the Autorité des marchés financiers (AMF) into allegations that Baazpv (pictured) and a dozen other connected individuals illegally profited from stock trades based on foreknowledge of Amaya’s deals.

On Tuesday, Xavier Saint-Pierre, the AMF’s lead investigator in the Amaya case, told the hearing that when the AMF and the Royal Canadian Mounted Police seized computers and files from Amaya’s Montreal HQ in December 2014, they belated realized that they’d neglected to include Baazov’s smartphone among their booty.

By the time the AMF realized their error and went back to confiscate Baazov’s phone, they found the device had been “changed.” As quoted by La Presse, Saint-Pierre said that “the content of messages and telephone conversations could not be recovered.”

Cyborgs unite: Bio implants paving the way for bitcoin payments

Can you imagine paying bitcoin by, say, simply waving your hand?

In Ukraine, a group called Dangerous Things has demonstrated the xNT—a bio-implantable near-field communication (NFC) chip that is able to store information, including that off credit card, key card, and even cryptographic keys for bitcoin.

The group has raised $30,619 via Indiegogo, an amount that was 383 percent more than their original target of $8,000 to create the product.

Researchers believe that with NFC tags, people can save their bitcoin wallet’s private keys in their bio implants, which they can then use by simply swiping their hand over NFC-enabled point-of-sale machines.

Cyborgs unite: Bio implants paving the way for bitcoin payments

Can you imagine paying bitcoin by, say, simply waving your hand?

In Ukraine, a group called Dangerous Things has demonstrated the xNT—a bio-implantable near-field communication (NFC) chip that is able to store information, including that off credit card, key card, and even cryptographic keys for bitcoin.

The group has raised $30,619 via Indiegogo, an amount that was 383 percent more than their original target of $8,000 to create the product.

Researchers believe that with NFC tags, people can save their bitcoin wallet’s private keys in their bio implants, which they can then use by simply swiping their hand over NFC-enabled point-of-sale machines.