Grant county, Kentucky – home of Ken Ham's Ark replica – is praying for a torrent of revenue after the Christian themed exhibit has failed to provide a significant amount of money into the town despite an $18 million US dollar tax break. County Judge-Executive Steve Wood said “It’s been a great thing but it’s not brought us any money". A Great Flood of debt is now threatening to sink the town, as the County is on the brink of bankruptcy and is slated to propose job cuts and a 2% payroll cut for all employees. The controversial theme park was funded using $62 million US dollars in Tax Increment Financing granted to the organization by the City of Williamstown.
The UK Gambling Commission has written (archive) to what it perceives to be Bitcoin gambling venues operating illegally due to the lack of a licence. The UK Gambling Commission states that regardless of where such a business is located, it must hold a licence if it is to provide British consumers with its services.
Gambling Commission CEO Jenny Williams said: Continue reading
The Las Vegas Review reports (archive) that in an effort to avoid jail time, Bryan Micon has agreed to plead guilty to a charge1 he is facing in relation to the running of the now defunct Seals with Clubs bitcoin based poker website. As part of that deal, Micon faces an as yet to be determined period of probation, a USD $25,000 fine and agreed to forfeit his computers, $900 in cash and 3.0996 BTC.
Reduced to a gross misdemeanour. ↩
The Las Vegas Review Journal reports (archive) that Seals with Clubs operator Bryan Micon will return to Las Vegas to face a charge of operating an unlicensed interactive gaming system. Micon came to the attention of the Nevada Gaming Commission earlier this year for operating the now defunct Seals with Clubs bitcoin poker site which was relaunched by Micon himself as SwC Poker.
Not verified by Qntra at this time. ↩
The largest Bitcoin bet in terms of absolute value, where on BitBet.us Mircea Popescu laid down 1000 BTC of his own funds on the proposition that Bitcoin would outperform Warren Buffett's Berkshire Hathaway class A stock has been resolved as "No" with Bitcoin's exchange rate having suffered over the past 12 months. A year ago Mircea announced the bet on his blog Trilema and further declared that to hedge the bet he had sold Berkshire. Asked about how he felt about the bet's final outcome he offered: Continue reading
Bryan Micon of Seals with Clubs has released a video in which he details some of the previously unknown "operational security" concerns which forced the site offline earlier this month.
Micon alleges that on the 11th of February, armed gaming agents acting for the Nevada Gaming Commission knocked on his front door with a sledge hammer and pointed guns at him in order to serve a search warrant for his involvement with SwC and Bitcoin poker. Micon further alleges that much of his electronic equipment was stolen despite not being charged with a crime. Continue reading
On an announcement replacing their normal front page one of Bitcoin's longest tenured poker sites, Seals with Clubs, has decided to close their doors citing "Operational Security" concerns. They cite without specifics several events which occurred around February 11th, 2015 as being the catalyst for the decision, offering that if Seals with Clubs continued as presently structured it would be "in a perpetual state of jeopardy." They are advising users to withdraw their funds as soon as possible. Continue reading
With the launch day for Bitnplay's Bitcoin based poker website having come and gone with yet a single hand to be dealt, it appears that the debut event for the site was cancelled due to unexpected server issues. Opting to update poker players via twitter instead of their own website, Bitnplay stated: Continue reading
Winning Poker Network has announced on the twoplustwo poker forum1 that it will once again accept bitcoin deposits and that bitcoin withdrawals will soon follow. Skins which currently operate on WPN include America's Card Room, True Poker, BetCRIS Poker, BetDSI Poker, FabPoker, BookMaker Poker, Betcoin Poker and Ya Poker. Continue reading
It is not unheard of for poker sites and networks to make announcements via that forum. ↩
Seals with Clubs, Breakout Gaming, Michael Mizrachi's Get Lucky Poker and to a lesser extent NXT's Pangea Poker are just some of the names attempting to establish themselves as Bitcoin based online poker venues. Into this mix comes a new site named Bitnplay who hope that their Bitcoin only online poker site will be enough to entice players away from competitors when they launch February 1st 2015. Continue reading