There is a lot going on in the Bitcoin ecosystem right now. So much that it is sometimes hard to keep up. There are multiple scandals popping up constantly – OneCoin is being sued by an investor after it was revealed that the cryptocurrency was nothing more than a Ponzi scheme and another fraudster used crowdfunding investments to purchase Bitcoin Core (BTC). As scandalous and embarrassing as these two are, though, they still pale in comparison to what has been making crypto headlines every day for the past week. The Bitfinex/Tether debacle, which has now potentially ensnared Binance, is taking center stage and shows how the top cryptocurrencies are apparently willing to play their own games in order to maintain their control and positions. All the top cryptocurrencies – except one.

Bitcoin SV (BSV) has stayed its course, ensuring that the original Bitcoin stays alive. While everyone else goes off to create their own crypto solution, ignoring the fundamentals of digital currency established by Satoshi Nakamoto, BSV is proudly not veering away, understanding completely what’s at stake.

To that end, BSV has had to suffer in certain aspects. It hasn’t seen the monumental price increases that many incorrectly associate with a crypto’s true value. In fact, BSV is now trading below its utility value, but this is still not a foreboding of rough seas ahead.

BSV is doing what no other digital token is doing. It is scaling to levels that BTC and Bitcoin Cash (BCH) developers said weren’t possible or weren’t needed on an active blockchain. However, the ability to scale results in BSV having real, tangible utility value. By contrast, those digital currency platforms that are not scaling – including BTC and BCH, among others – have become 100% speculative offerings. As such, they are all subject to the whims of traders and could crash to almost zero at any time. This has already been seen on more than one occasion.

The best of the Asian gambling industry are coming together once again to get recognized by the American Gaming Association, Reed Exhibition, and Inside Asian Gaming’s 2019 G2E Asia awards. The group have picked out their five favorites for 12 different categories, and are excited to announce the winners at the G2E Asia Awards gala dinner on May 21.

The nominees were whittled down from nearly 200 public nominations and still have to face a judges’ panel, who have from May 13 to 18 to cast their votes. Judges won’t be voting in categories where they have a vested interest.

There’s a lot of interesting categories to vote on as well, for specific achievements in resorts and gaming. Will Okada Manila’s new fountain win the best non-gaming attraction, or will it lose out to Melco Resorts House of Dancing Water? Will Aristocrat win for Best Electronic Gaming solution for Gold Stacks 88, or can Scientific Games take it home for Jin Ji Bao Xi?

There’s also some recognition towards innovation specifically. Evoplay’s In-browser VR mode looks like a strong contender, but then GameSource’s cloud-based gaming platform is riding in on the growing tide of popularity of cloud gaming.

More details are emerging about the renovation of the Sands Cotai Central resort, soon to be renamed the Londoner Macao. In a May 8 press conference, casino operator Sands China Ltd. gave new information on what visitors will find inside once renovations are complete.

GGRAsia reports the gaming space will remain the same it was at 34,000 square meters (365,973 square feet), but Sands plans to use that space more efficiently. Table games will increase from the current 390 to 450, and slot machines will go up to 2,000, from the current 1,700. The space will also include “exclusive rooms designed for VIP and premium players.”

The new resort will feature a 6,000 seat-arena, with an additional 34,300 square meters of meeting and convention space. On top of that, there will be 200 shops, some of them specifically slotted to be British heritage brands, and 13 ballrooms, because the U.K. loves a good choice of ballrooms, I guess.

There’ll also be a focus on British cuisine, but more of the upscale kind. Gordon Ramsay’s “Gordon Ramsay Pub & Grill” will be featured, and an all-day restaurant named “Churchill’s Table” will also be on offer.

The CEO of crypto blog Coin Rivet has publicly admitted publishing false information regarding Calvin Ayre’s recent trip to Cuba.

On Wednesday, May 8, Coin Rivet editorial director Darren Parkin read a statement in the UK High Court of Justice, Queen’s Bench Division, in which Coin Rivet CEO Sheba Karamat admitted publishing “completely untrue” claims that Ayre had been referred to Interpol, police and child abuse charities over photos and videos Ayre posted to social media featuring several Cuban women.

Karamat admitted that, contrary to information published via Coin Rivet, none of the women in Ayre’s social media posts were ‘pre-teen’ or under the age of consent. Karamat further admitted that Ayre had not been referred for investigation by authorities or child abuse charities and there were no grounds to suspect him of child abuse.

Coin Rivet previously agreed to publicly apologize to Ayre via their website and to pay him £5,000 in damages. As a condition of the settlement, Parkin (pictured) appeared in court to acknowledge the falsity of the site’s claims, to repeat their apology to Ayre and to confirm that they wouldn’t repeat these allegations in future.

Since Bitcoin was revitalized in November 2018 in the form of Bitcoin SV (BSV), the Bitcoin world hasn’t been short of amazing. The recent months have proven that by following Satoshi’s original plan of keeping a stable protocol as we focus on the roadmap towards secure, massive on chain scaling, we are opening a world of incredible new possibilities—as we work towards enabling the world’s new money.

In October, we announced Tokenized, which creates customizable smart contract system for Bitcoin SV, as the winner of our £5M contest for Bitcoin Token Solutions. This project, created by James Belding, Samuel Georges, Scott Barr, Farid Uddeen, and Brendan Lee, proves that Satoshi’s original vision for Bitcoin undeniably works, because they used resources only made available through massive scaling, and not through further protocol changes.

We’ve already seen that because Bitcoin SV offers unlimited possibilities, it’s created a Cambrian explosion of creativity and innovation. Now, we’re on the next step. That of creating businesses and industries powered by Bitcoin SV. I know people have bright ideas of how to do that, and they just might need a little support to make it a reality.

Bitcoin, after all, is not just the future of money—it’s the future of business.

The former play caller for the Dallas Cowboys, retired quarterback Tony Romo, is no stranger to the links. He has been an avid golf fan for years and has done well enough to qualify for a spot on the PGA Tour, either through his own efforts or through exemptions. He’s back once again and a long shot on the fairway could create a long-shot win for gamblers, with $100 possibly turning into $1 million.

Romo is going to be in Dallas this week for the AT&T Byron Nelson Championship. The event is being held at the Trinity Forest Golf Club, of which Romo is a member, but his familiarity with the course hasn’t really given him an edge. The Westgate SuperBook out of Las Vegas has listed his odds at 10,000/1 to win, which is just under 0.1%. Put $5 on Romo as the victor and a cool $50,000—minus Uncle Sam’s cut—could be yours.

This is the third time Romo has appeared in a PGA Tour event. It is also the first that isn’t competing against a more high-profile concurrent tournament. In the last two events in which he participated—both of which were held at Corales Puntacana Golf & Resort Championship in the Dominican Republic—Romo was given sponsorship exemptions while some of the world’s best golfers were competing at the WGC-Dell Techologies Match Play.

In each of his visits to the DR, Romo shot a +15.

The first quarter of 2019 has been a bit of a mixed bag for Melco Resorts and Entertainment Ltd. In their earnings report, the operator indicated that revenues have improved year on year, but overall income has taken a hit.

It’s a pretty substantial hit too. Net income fell from $156.6 million to $117.4 million, representing a 25% decrease. This came despite an increase in operating revenue of 4%, going from $1.31 billion to $1.36 billion year on year. Adjusted earnings before interest, taxation, depreciation and amortization (EBITDA) also improved from $401.8 million to $406.8 million.

They broke down this report based on their Studio City resort in Macau’s Cotai district, and the City of Dreams located in Manila’s Entertainment City. Those two spots had fairly different experiences in the first quarter.

There’s no denying that Macau has had a rough time of it so far in 2019. Studio City’s EBITDA declined by 12% year-on-year to $96.4 million. Lawrence Ho Yau Lung, the company’s CEO, noted that they’ve seen record mass table revenues at the resort, and increases in non-gaming assets.

Law enforcement officials in Jaipur, India have arrested two individuals they say were the ringleaders of major gambling syndicates operating out of the region. The pair are accused of leading illegal underground domestic and international sportsbooks that have already taken bets totaling more than $431 million during the current Indian Premier League (IPL).

Deepak Maheshwari and Ramesh Kumar Gangwal were nabbed by police after investigators were able to follow their digital trails. The duo were allegedly running their operations through the international gambling site Betfair, as well as its affiliates.

Betfair reportedly cannot be accessed from computers that have IP addresses in India. The company began blocking the addresses this past January, but this hasn’t stopped the more creative gambling Netizens and entrepreneurs from gaining access. The bookies reportedly used virtual private networks (VPN) to bypass the ban and access the sites.

Gangwal is allegedly a mastermind being India’s gambling mafia. He has been linked by police to groups operating out of Pakistan and Dubai and investigators determined that he had been in recent contact with a “super boss” out of Punjab that offers lines and franchisees to bookies or agents so they can run their operations. In return, the super boss gets a cut of the action.

The AGEM (Association of Gaming Equipment Manufacturers) Index saw a decline this past March, dropping 2.4% from the previous month and a year-on-year drop of 10.5%. April appears to have been a little better, as the index rose slightly from March, but was still well below last April’s figures.

According to the AGEM’s report for April, share prices among major casino gaming equipment manufacturers increased 23.89 points to 476.35 points from March to April. This was an increase of 5.3% month-over-month, but a decline of 10.3% year-on-year.

April’s results increased faster than indices such as the Dow Jones Industrial Average and the NASDAQ Index. Dow Jones only climbed 2.6% and NASDAQ’s list increased by 4.7%. A third, the Standard & Poor’s 500, rose by 3.9%.

The increase was attributed mostly to the performance of Aristocrat Leisure Ltd. Its price increased by 6.4%, giving the index an additional 9.8 points. International Game Technology Plc (IGT) enjoyed a stock price increase of 12.6%, which added 5.54 points to the AGEM Index. Of the 14 companies covered by the index, ten increased and four decreased. Of those that didn’t do so well, Agilysys saw its performance decline 9.6% month-over-month and Everi Holdings reported a 2.2% drop.

Australia-based slot machine and gaming equipment manufacturer Ainsworth Game Technology Ltd is expecting a lighter second half of the year than previously anticipated. The company has seen improved sales in certain markets, while experiencing recessions in others, and now doesn’t the second half of its current fiscal year is going to give a solid performance.

In a filing with the Australian Securities Exchange from yesterday, Ainsworth indicates that it expects its pre-tax profit – not including one-off items – to be around $2.8 million for the half, which ends June 30. This is lower than what it anticipated in February and the company said its filing, “This result has been impacted by intense competitive market pressures and delays encountered in new product approvals which were not achieved in the expected timeframes. These approvals are now being progressively secured and are expected to translate into improved product performance and domestic market share gains in financial year 2020.”

It added, “Continued progress within the Americas has partially offset this lower-than-expected contribution from Australia in the second half of financial year 2019, with North America expecting a similar and Latin America a slight increase in their respective segment results compared to the first half of financial year 2019.

“In addition, Ainsworth now expects as part of the finalisation of the financial year 2019 results to reduce the balance-sheet carrying values of its Australian and digital assets with a non-cash impairment charge. This charge is expected to be around AUD5 million and includes the value of the goodwill associated with the New South Wales service business, given lower New South Wales unit volume sales, [$1.685 million], and a [$1.4 million] reduction in the value of the Ainsworth’s shares in 616 Digital.”

It looks like Louisiana might be after a new world record. It obviously wants to be known as the state that made history by taking the most amount of time to pass sports gambling legislation. Lawmakers aren’t to blame completely, though, as the state has always had a laissez-faire attitude. That’s what makes Louisiana, Louisiana.

Progress is being made to bring legal sports gambling to the state, but there’s no guarantee that it will happen within the next couple of years. Senate Bill (SB) 153 made it passed a Senate vote on April 30 when it was approved by a vote of 24-15, and now must go before the House of Representatives.

If the bill survives in its current form, 16 casinos and four horse race tracks in the state would be allowed to open sportsbooks. Mobile wagers would also be authorized, but only by those brick-and-mortar facilities that operate sportsbooks.

College sporting events would be eligible for bets, but high school sports are off limits. That’s good news for gamblers and sportsbooks, since wagers on football and basketball games at Louisiana State University are more popular than those on the New Orleans Saints of the NFL.

The executive with the largest paycheck in Malaysia has been revealed in a report released by the Malaysian Securities Commission (MSC). A company that has dedicated itself to building an empire in the gaming and hospitality industries has shown its gratitude to its CEO, making him the highest paid executive in the country. Genting Group CEO Tan Sri Lim Kok Thay pocketed almost $60 million last year.

For his work at leading Genting Bhd, Lim received approximately $40.49 million. Under his second hat, as the CEO of Genting Malaysia Bhd, he earned an additional $19.4 million. The calculations include salaries, bonuses, benefits and other types of compensation earned throughout the year.

The MSC releases its Corporate Government Monitor report every year. It looks at compensation packages for CEO of the country’s top 100 companies according to Bursa Malaysia’s Main Market list. That list’s rankings are generated by the companies’ market caps as of December 31 of each year.

The total market cap of the 100 top companies accounts for about 80% of the entire equity market cap in the country and represents about $347 billion. However, things could change in the near future, resulting in what some consider a more equitable distribution of wealth in the country.

Joey Lim may be out as CEO of Donaco International Limited, but he is clearly still making his presence known. The former co-founder of the company has been successful in stopping the sale of 9.71% of the company stock to an Asian investment firm, it was announced on May 7.

Orchard Capital Partners (OCP) had been attempting to purchase nearly 10% stake, but efforts by Lim, working with Australia’s Takeovers Panel, blocked the move, as the agency declared this as an unacceptable circumstance.

OCP had declared their intention to purchase the shares in December of last year. At the same time, they were in negotiations with Total Alpha Investments, a company that is controlled by Lim. In December, Lim had defaulted on a loan his company had received from OCP, something that was not known by the Australian agency at the time.

The official announcement by the regulatory body was issued on May 7. Just hours later, Donaco announced that a hold had been placed on the transaction. The Takeovers Panel explained in their ruling that OCP was already a senior secured creditor to another company owned by Joey Lim.