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This Weeks Bitcoin, Online and Land Based Casino Gambling News Podcast
Vietnam law enforcement busts the biggest crypto gambling ring ever. Last month, Ho Chi Minh City Police busted the illegal Vietnamese crypto operation which involved transactions worth over $3.8 billion. During the investigation, a total of 59 people were arrested in relation to these criminal activities.
Multi Billion Dollar Illegal Crypto Gambling Ring In Vietnam Busted?
Indeed, the suspects organized illegal crypto gambling on two websites. They used those sites as intermediaries to the international betting platform Evolution.com to earn commissions which amounted to millions. When there were a large number of players, ring leaders would crash the sites and appropriate money from the players’ crypto wallets. The company behind the Evolution platform has denied any connection to the illegal activities and called for a full and thorough investigation. Let’s move onto more gambling news.
MS Coastal Casino Slot Machine Payouts Out $642,000 Jackpot To Lucky Gambler
A gambler from Georgia hits big at a Mississippi coastal casino. The lucky player won the jackpot worth a whopping $642,000 after gambling on the slot machine at the Beau Rivage Resort and Casino. The big winner placed a bet on a 25-cent Wheel of Fortune progressive slot machine and nailed this massive reward after only 7 minutes of playing. This fortunate casino visitor, who wished to remain anonymous, scored this life-changing jackpot only four days before Christmas, on December 21. He began his session at 10:40 a.m and triggered the jackpot at 10:47 a.m.
This wasn’t the only big win this week on the Mississippi Gulf Coast. Another player won the jackpot worth $250,000 at the Golden Nugget Casino.
Will The State Of Arkansas Legalize Sports Betting?
So, will The State Of Arkansas Legalize Sports Betting? Arkansas is closer than ever to legal online sports betting. According to the latest reports, bettors in the state may be able to place online wagers just in time for this year’s Superbowl. At the moment, sports betting is legal in Arkansas but only on the premises of the local casinos. This means that some gamblers have to drive for hours if they want to place a wager.
However, on Thursday, the Arkansas Racing Commission voted unanimously to approve a regulation that will govern mobile and online sports betting in the state. All that’s left now is for the state legislative committee to review the rules before internet wagering officially becomes legal. The next meeting of the committee is scheduled for late January.
Catawba Casino In North Carolina Benefits From Catawba Indian Nation Lands Act?
Indeed, a new federal law ends the year-long dispute between the tribes in North Carolina. Ultimately, this paves the way for the development of the new casino complex. On Monday, President Joe Biden signed the Catawba Indian Nation Lands Act. Naturally, this allows this South Carolina tribe to begin construction of the Two Kings Casino in Kings Mountain.
Interestingly, the development of the new casino will cost $273 million. Furthermore, it secures 2,600 new jobs in the area along. Also, it provides a significant source of revenue for the tribe. Moreover, the Catawba Nation already has a preliminary Catawba casino in North Carolina facility up and running. Hence, the site is about 35 miles west of Charlotte. The new complex will be built in a few stages, with the first one set to begin in January.
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