A fixture in the online gambling community is calling it quits. 13-year-old RedKings, which most recently was part of the Microgaming Poker Network (MPN), has announced that it is giving up on online poker and sports gambling on April 28, but will—for now—continue to operate its online casino activities.

According to an announcement posted on the company’s website, “After nearly 13 years of shuffling cards at the tables, we regret to inform you that we are closing two of our products on RedKings (Poker and Betting).

“The casino will continue as normal and your account will stay active so you will be able to access your funds to play or withdraw at any time using your same log in details.

“You can also continue to play poker and finish your existing bonuses with RedKings until the 28th April, but new bonuses will no longer be issued and the monthly Chase and Point per Day promotions have now been stopped for April.”

A new startup is innovating the gambling industry. If it takes off, that is.

Kalshi is a relatively new platform that allows gambling on virtually anything, according to the site, including political and entertainment topics, sports and more. Want to wager whether or not Cersei on Game of Thrones is pregnant? It’s there.

Kalshi was started by two computer science students at the Massachusetts Institute of Technology, Luana Lara and Tarek Mansour. The 22-year-olds indicate that the platform can allow wagers on virtually any subject, provided it can have a clear, definitive answer.

Once a question is posted (“Will a second extension to Brexit be approved by April 12th?”), gamblers can place their bets. Any user can post a question, which will be reviewed by the site and, if determined to be easily settled, will be made live within a few hours.

Florida lawmakers and the Seminole Indian tribe in the state have been at loggerheads over a key provision in a former gambling compact that expired five years ago. Now, according to the Sarasota Herald-Tribune, the two sides might be close to a resolution and have been meeting to hash out a new compact that will almost certainly include expansion provisions in the Sunshine State.

According to the compact, which became official in 2010, the Seminole tribe had a revenue sharing agreement with the state that has since contributed hundreds of millions of dollars to Florida’s coffers. Despite the lack of an agreement when the compact was to be renewed in 2015, then Governor Rick Scott was able to convince the tribe to continue the terms of the revenue sharing agreement.

That loose agreement will expire at the end of next month. This could produce losses of up to $350 million this year and the Senate has already stripped the tribe’s annual payment from the proposed budget in an effort to avoid any major financial shortfall if a new compact isn’t reached.

Part of the reason for the inability to reach an agreement stems from the tribe’s assertion that the state has violated compacts in the past. In 2016, the Seminoles took Florida to court, arguing that the state’s approval of blackjack, for which it had exclusivity, at pari-mutuel tracks was illegal. The courts agreed and the tribe threatened to halt its revenue sharing payments before Scott stepped in and made a deal.

As the popularity of cryptocurrency grows, particularly in the online gambling sector, there is a need to clear up some of the confusion surrounding cryptocurrency, blockchain, and Bitcoin. Specifically, why are there three Bitcoins in existence today?

Jimmy Nguyen, founding president of the Bitcoin Association, recently joined Gambling911 founder Christopher Costigan in Miami to talk about cryptocurrency—Bitcoin SV in particular. Right off the bat, Costigan wanted clear up the confusion of having three Bitcoins—Bitcoin Core (BTC), Bitcoin Cash (BCHABC), and Bitcoin SV (BSV)—circulating today, describing it as “the most confusing thing in the world.”

The Bitcoin Association is the leading industry group for Bitcoin business, bringing together merchants, exchanges, application developers, enterprises, miners and others in the Bitcoin ecosystem. It supports BSV as the rebirth of the original Bitcoin. SV stands for Satoshi Vision, and BSV is the only project that adheres to the original design protocol and vision expressed by Satoshi Nakamoto. Yes, BTC had the first-mover advantage, but it’s no longer Bitcoin after the Core team introduced Segregated Witness, which forever changed what Bitcoin was. Nguyen points out:

“I recognize that it’s confusing for users and consumers, and I wish we were not in this position. I wish we were in the position that there was only a single Bitcoin. The problem is because Bitcoin is an open source system, anyone can do what we call fork the code. They can just copy the code and continue their own chain and call themselves some Bitcoin variant. Even if they make fundamental changes to what Bitcoin is, they’re really not entitled to the Bitcoin name anymore. And there’s nobody to tell them no, and that’s a frustration I think we have and it is reflected in how the market reacts because BTC has a higher market price because people think that’s still Bitcoin.”

As the popularity of cryptocurrency grows, particularly in the online gambling sector, there is a need to clear up some of the confusion surrounding cryptocurrency, blockchain, and Bitcoin. Specifically, why are there three Bitcoins in existence today?

Jimmy Nguyen, founding president of the Bitcoin Association, recently joined Gambling911 founder Christopher Costigan in Miami to talk about cryptocurrency—Bitcoin SV in particular. Right off the bat, Costigan wanted clear up the confusion of having three Bitcoins—Bitcoin Core (BTC), Bitcoin Cash (BCHABC), and Bitcoin SV (BSV)—circulating today, describing it as “the most confusing thing in the world.”

The Bitcoin Association is the leading industry group for Bitcoin business, bringing together merchants, exchanges, application developers, enterprises, miners and others in the Bitcoin ecosystem. It supports BSV as the rebirth of the original Bitcoin. SV stands for Satoshi Vision, and BSV is the only project that adheres to the original design protocol and vision expressed by Satoshi Nakamoto. Yes, BTC had the first-mover advantage, but it’s no longer Bitcoin after the Core team introduced Segregated Witness, which forever changed what Bitcoin was. Nguyen points out:

“I recognize that it’s confusing for users and consumers, and I wish we were not in this position. I wish we were in the position that there was only a single Bitcoin. The problem is because Bitcoin is an open source system, anyone can do what we call fork the code. They can just copy the code and continue their own chain and call themselves some Bitcoin variant. Even if they make fundamental changes to what Bitcoin is, they’re really not entitled to the Bitcoin name anymore. And there’s nobody to tell them no, and that’s a frustration I think we have and it is reflected in how the market reacts because BTC has a higher market price because people think that’s still Bitcoin.”

Nektan PLC has already established themselves as an award-winning international gaming technology platform, and now they are reaping the profits of several shrewd moves and innovations.

On Friday, Nektan announced that revenues had increased by 5.9% to £5.4 million ($7.05 million) for the third quarter in the current fiscal year, which ends on June 30, 2019. B2B revenue contributed the most, increasing by 75% to £0.35 million ($457,241) from £0.2 million ($261,281) in the second quarter. B2B revenue for Q3 FY2019 is also 322% higher than the prior year period.

However, not all of the news at Nektan was good. The company announced that they saw a decline in their B2C revenue, as seasonality and regulations within the United Kingdom and Sweden played significant roles in the declining revenue from the third quarter of 2018.

The company, however, is clearly buoyed by a number of recent innovations and additions that should play a significant role and their revenue numbers topping the third quarter of this fiscal year.

The largest trade show for the sports gambling industry is right around the corner. To be held April 23-25 in New Jersey and New York, the Betting on Sports America (BSA) is going to be a huge attraction for anyone in the sports industry and this will be the first time that the event’s organizers, Sports Betting Community (SBC), has held an event outside the UK.

The BSA is going to include discussions led by 175 industry leaders across 40 sessions. 60 exhibitors and over 100 gambling operators will be on hand and there is a networking event each night at various venues close to the action. The expo is ideal for gambling operators, suppliers, affiliates, payment providers, regulators, sports clubs and anyone else involved in, or looking to get involved in, the sports gambling industry.

There will be plenty of opportunities to networking during the three-day event and several organized events certainly stand out. There will be a networking event at Jay Z’s 40/40 Club on Tuesday, another at the Meadowlands Racetrack’s Rooftop Bar on Wednesday and a third at the Sky Room Rooftop Bar in Manhattan on Thursday.

Some of the speakers lined up to participate include New Jersey Governor Phil Murphy, former MLB player Ryan Howard, William Hill CEO Joseph Asher, USBookmaking and US Fantasy Sports President Vic Salerno, and many others.

Scientific Games (SG) thinks its social gaming business is ready to be publicly traded. According to the company, it has filed an initial public offering (IPO) application with the U.S. Securities and Exchange Commission (SEC) for what it will call “SciPlay” and that would be traded on the NASDAQ Global Select Market exchange under the ticker symbol “SCPL.”

Social gaming encompasses games that are free to play; however, they offer in-game items that can be purchased in order for the developers to earn revenue. SG has said that its gross gaming revenue from social gaming reached $416.2 million last year, 15% higher than a year earlier.

SG is behind games such as Gold Fish Casino Slots, Quick Hit Slots, Bingo Showdown, Jackpot Party and MONOPOLY Slots. The company reportedly has as many as 1,800 social casino games available.

During a recent earnings call with investors, SG CEO Barry Cottle addressed the possibility of an IPO. He was asked by an investor about the potential and responded, We are considering a possible initial public offering of a minority interest. The process is moving along. We anticipate that the proceeds from the IPO would primarily be used to repay debt.”

Last month, the government of Sri Lanka announced several changes to its gambling legislation that were meant to help boost the state’s revenue. None of the changes was welcomed by anyone – other than the government – but the announcement that casino patrons would have to pay an entry fee certainly didn’t sit well with gamblers, at least those that visit the country. It now sees that the government is backtracking slightly on that entry fee.

The Sri Lankan finance minister, Mongata Samaraweera, had indicated that all casino patrons would now have to pay $50 per visit to a casino. He argued that the move was no different than what is seen in other countries, but that fee will now only be paid by local gamblers – not international visitors. It is designed to try and discourage local residents and nationals from gambling.

The country is also about to ban two highly popular activities. According to Samaraweera last week, gambling on horseracing and cricket are about to come to an end, despite the extreme popularity of both activities. Currently, there are two companies accepting bets on the two, but a request by the country’s Minister of Transports and Civil Aviation, Arjuna Ranatunga, has prompted the government to issue the ban. Ranatunga is also a former cricket player.

The move, which ultimately could be temporary if the government reacts appropriately, is most likely due to a lack of regulatory infrastructure. Most horseracing and cricket wagers take place in kiosks and gambling shops throughout the country, but there is no regulatory framework in place to cover those operations.

There is no doubt that cricket is the most popular sport in India. In fact, for many, it would not be false to say that it is almost a religion there. People love the sport and have spent a significant amount of time over the last two decades turning it into one of the most popular and talked about genres in the nation.

With this in mind, Head Digital Works Private Limited (HDW), the parent company of online rummy website Ace2Three, had been planning a sports-based website, specifically providing detailed information, scores, statistics, and analysis related to cricket while also covering other sports, Glaws.In reported. That site began operations last Wednesday.

Because of the fervent fanaticism that many have in India related to cricket, the site will be directed toward the Indian population at first. In fact, the company itself will be based out of Mumbai, but there are plans to expand far beyond its borders.

CEO Deepak Gullapalli explained, “We already have a sports game platform via Fanfight and we plan to reach out to a larger base of cricket fans via cricket.com. The plan for the organization includes diversification of the businesses and expansion of our footprint beyond Indian markets.”

The inaugural Global Poker Awards went ahead without a hitch as the jury managed to fit round pegs into round holes. 

Award shows feel like a cross between a wedding and Christmas. Dressing up like Beauty and the Beast, the gifts, and the disappointment of turning up, and not getting what you wanted.

Commodore 16 versus Commodore 64.

Gola v Nike.