The crackdown against the Counter-Strike skins trading has apparently not spooked gamblers from wagering in the illicit multi-player, first person video game.

Citing a research made by the firms Eilers & Krejcik Gaming and Narus Advisors, ESPN reported that some $5 billion was wagered in skins in 2016, of which 40 percent were wagered on the outcomes of eSports matches and tournaments.

The most intriguing aspect of the data given by the research firms was the fact that roughly $3 billion “flows to a darker corner of the internet — one populated by fly-by-night websites that accept skins for casino-style gaming.”

This means the money went into more traditional online gambling sites that accept wagers on slots, roulette games, dice rolls, or coin flips.

The crackdown against the Counter-Strike skins trading has apparently not spooked gamblers from wagering in the illicit multi-player, first person video game.

Citing a research made by the firms Eilers & Krejcik Gaming and Narus Advisors, ESPN reported that some $5 billion was wagered in skins in 2016, of which 40 percent were wagered on the outcomes of eSports matches and tournaments.

The most intriguing aspect of the data given by the research firms was the fact that roughly $3 billion “flows to a darker corner of the internet — one populated by fly-by-night websites that accept skins for casino-style gaming.”

This means the money went into more traditional online gambling sites that accept wagers on slots, roulette games, dice rolls, or coin flips.

The crackdown against the Counter-Strike skins trading has apparently not spooked gamblers from wagering in the illicit multi-player, first person video game.

Citing a research made by the firms Eilers & Krejcik Gaming and Narus Advisors, ESPN reported that some $5 billion was wagered in skins in 2016, of which 40 percent were wagered on the outcomes of eSports matches and tournaments.

The most intriguing aspect of the data given by the research firms was the fact that roughly $3 billion “flows to a darker corner of the internet — one populated by fly-by-night websites that accept skins for casino-style gaming.”

This means the money went into more traditional online gambling sites that accept wagers on slots, roulette games, dice rolls, or coin flips.

The crackdown against the Counter-Strike skins trading has apparently not spooked gamblers from wagering in the illicit multi-player, first person video game.

Citing a research made by the firms Eilers & Krejcik Gaming and Narus Advisors, ESPN reported that some $5 billion was wagered in skins in 2016, of which 40 percent were wagered on the outcomes of eSports matches and tournaments.

The most intriguing aspect of the data given by the research firms was the fact that roughly $3 billion “flows to a darker corner of the internet — one populated by fly-by-night websites that accept skins for casino-style gaming.”

This means the money went into more traditional online gambling sites that accept wagers on slots, roulette games, dice rolls, or coin flips.

Casino mogul Steve Wynn is going into 2017 an even richer man.

Last week, the Wynn Resorts chief executive officer reportedly received $12.5 million in company stock, which is part of his compensation package for 2016. According to Las Vegas Review-Journal’s Todd Price, this year’s figure is a boost from 2015’s $8.75 million, indicating it may be Wynn’s highest payout to date.

Wynn Resorts came out with a new compensation package in 2014, which saw Wynn’s fixed salary slashed from $4 million to $2.5 million. In 2015, the casino mogul’s annual incentive payout totaled to $17.5 million, and it was paid half in cash and the other half in shares due to the company’s financial status and the “competitive landscape of the labor market.”

The announcement indicates Wynn will receive $25 million in total—the maximum allowed by the company’s compensation plan, according to the news outlet. Wynn’s incentive payout is based on the casino company’s adjusted earnings before interest, taxes, depreciation and amortization as well as the progress on the newly-opened Wynn Palace casino in Cotai, which recently premiered 25 new gaming tables.

Casino mogul Steve Wynn is going into 2017 an even richer man.

Last week, the Wynn Resorts chief executive officer reportedly received $12.5 million in company stock, which is part of his compensation package for 2016. According to Las Vegas Review-Journal’s Todd Price, this year’s figure is a boost from 2015’s $8.75 million, indicating it may be Wynn’s highest payout to date.

Wynn Resorts came out with a new compensation package in 2014, which saw Wynn’s fixed salary slashed from $4 million to $2.5 million. In 2015, the casino mogul’s annual incentive payout totaled to $17.5 million, and it was paid half in cash and the other half in shares due to the company’s financial status and the “competitive landscape of the labor market.”

The announcement indicates Wynn will receive $25 million in total—the maximum allowed by the company’s compensation plan, according to the news outlet. Wynn’s incentive payout is based on the casino company’s adjusted earnings before interest, taxes, depreciation and amortization as well as the progress on the newly-opened Wynn Palace casino in Cotai, which recently premiered 25 new gaming tables.

Casino mogul Steve Wynn is going into 2017 an even richer man.

Last week, the Wynn Resorts chief executive officer reportedly received $12.5 million in company stock, which is part of his compensation package for 2016. According to Las Vegas Review-Journal’s Todd Price, this year’s figure is a boost from 2015’s $8.75 million, indicating it may be Wynn’s highest payout to date.

Wynn Resorts came out with a new compensation package in 2014, which saw Wynn’s fixed salary slashed from $4 million to $2.5 million. In 2015, the casino mogul’s annual incentive payout totaled to $17.5 million, and it was paid half in cash and the other half in shares due to the company’s financial status and the “competitive landscape of the labor market.”

The announcement indicates Wynn will receive $25 million in total—the maximum allowed by the company’s compensation plan, according to the news outlet. Wynn’s incentive payout is based on the casino company’s adjusted earnings before interest, taxes, depreciation and amortization as well as the progress on the newly-opened Wynn Palace casino in Cotai, which recently premiered 25 new gaming tables.

Casino mogul Steve Wynn is going into 2017 an even richer man.

Last week, the Wynn Resorts chief executive officer reportedly received $12.5 million in company stock, which is part of his compensation package for 2016. According to Las Vegas Review-Journal’s Todd Price, this year’s figure is a boost from 2015’s $8.75 million, indicating it may be Wynn’s highest payout to date.

Wynn Resorts came out with a new compensation package in 2014, which saw Wynn’s fixed salary slashed from $4 million to $2.5 million. In 2015, the casino mogul’s annual incentive payout totaled to $17.5 million, and it was paid half in cash and the other half in shares due to the company’s financial status and the “competitive landscape of the labor market.”

The announcement indicates Wynn will receive $25 million in total—the maximum allowed by the company’s compensation plan, according to the news outlet. Wynn’s incentive payout is based on the casino company’s adjusted earnings before interest, taxes, depreciation and amortization as well as the progress on the newly-opened Wynn Palace casino in Cotai, which recently premiered 25 new gaming tables.

Vietnamese players may be Cambodia’s VIPs, but the government of Cambodia isn’t concerned—yet—with its neighbor’s plan to finally allow residents to gamble in select casinos.

Last week, the Vietnamese government announced it would allow citizens over 21 years old to play in local casinos from mid-March, as long as they have a monthly income of at least VND10 million (USD445).

This, analysts believe, may pose a problem for border casinos, especially those located in cities like Bavet, which is the international border gate between Cambodia and Vietnam. Union Gaming analyst Grant Govertsen warned that many gambling establishments will “struggle to survive over the duration of the three-year Vietnam locals pilot program.”

“We do expect the border casinos in cities like Bavet, Cambodia to bear the brunt of the downside as the border casinos are significantly easier to reach than Naga and have historically captured the lion’s share of Vietnamese customers,” Govertsen said in a note.

What is going to be the impact of blockchain on the gambling industry?

That is one of the questions that will be asked at the upcoming ICE Totally Gaming 2017 conference. Cryptocurrencies are heavily integrated into various aspects of the online gambling industry, and 2016 saw the traditional online gambling industry start to adopt the digital cash system.

Even online gambling pioneer Calvin Ayre is bullish on the adoption of popular digital currency bitcoin.

“Mark my words: Bitcoin is eventually going to eat the whole global online gambling industry and the first courses of this meal are already being digested. Quite apart from liberating gambling sites from the anti-competitive dictates of government-imposed payment blocking, the blockchain technology underpinning Bitcoin is rapidly making the role of gaming regulators obsolete,” wrote Ayre.