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MGM Grand Launches Skill-gaming Indoor Golf Concept Golfstream

MGM Grand Launches Skill-gaming Indoor Golf Concept Golfstream

MGM Grand is has unveiled its brand new skill-gaming golf that is indoor, Golfstream, which exposed at the casino’s millennial-friendly degree Up skill-gaming entertainment lounge on the weekend.

Golfstream, at the MGM Grand’s Level Up, is the cutting-edge skill-gaming that is latest designed to woo the millennial.

MGM is touting the suite as a ‘first-of-its-kind golf experience [that] uses augmented reality and laser guidance … in an approach that is new skill-based contests,’ permitting users to play at real-world virtual golf courses while supping a cocktail or two.

Golfstream’s putting surface could be altered automatically to change the reads of putts, while lasers can help show the line, or create exotic propositions that are putting.

Meanwhile, longest-drive and closest-to-the-pin competitions include hitting the ball into the screen, which will then calculate direction and distance.

The suite even includes a caddie to simply help operate the games and ensure there’s a supply that is steady of and drink to your table.

Millennial Heaven

Of course, if you ask any golfer about the joys of betting on the end result of the game, you’ll quickly see why virtual golf is the following rational phase in skill-based gambling.

Casinos in nj and Nevada began rolling gaming that is out skill-based late last 12 months; video game-slot hybrids designed to attract the millennial generation, that is largely unmoved by t (more…)


New York Casino Near Syracuse Announced by Oneida Indian Nation to Compete With Del Lago

New York Casino Near Syracuse Announced by Oneida Indian Nation to Compete With Del Lago

An upstate New York casino is defined to be developed by the Oneida Indian country near Syracuse, once the tribe announced this week it’ll spend as much as $50 million on building a 65,000 square foot gambling venue that will use 200 people on a permanent foundation.

Oneida Nation tribal leader Ray Halbritter, seen here in 2013 signing his people’s historic gaming compact using the state and Governor Andrew Cuomo, has announced a third New York casino.

Named the Point Put Casino, the resort are located in Bridgeport, a little city that borders Oneida Lake. The casino will be just a brief drive that is 15-mile Syracuse, the fifth most populated city within the Empire State with roughly 150,000 residents.

The Oneida Nation says the facility will have 500 slot machines and 20 table games, as well as two fast-service casual restaurants in a press release. The floor will be smoke-free, and liquor will be offered. There are no intends to build a hotel.

The Native American group is building Point Place on its own land that is sovereign so no approval from the state or federal government is necessary for construction to commence.

The Oneida Nation claims construction begins month that is next and the casino is scheduled to open into the spring of 2018.

Three’s Company

The Oneida Nation is tripling straight down on its New York casino businesses, as the tribe currently has two facilities t (more…)


Bike Casino in Southern California Raided by Federal Detectives

Bike Casino in Southern California Raided by Federal Detectives

The Bicycle Casino is including another chapter that is scandalous its notorious story. The Southern California cardroom and hotel outside of l . a . in Bell Gardens was raided by federal officials on Tuesday early morning, but law enforcement departments are staying quiet on the details of the operation.

Governor Jerry Brown (D), left, attended the ribbon cutting of the Bicycle Casino’s hotel expansion in 2015 alongside Bike Managing General Partner and CEO Hashem Minaiy. 2 yrs later, the owners are actually allegedly entangled in a federal investigation that is financial.

The raid is being carried away by the usa Department of Homeland safety, and its Immigration and Customs Enforcement (ICE). According to media that are local, the usa Attorney’s Office, IRS, California Bureau of Gambling Control, and the Financial Crimes Enforcement Network (FinCEN) are also involved.

ICE spokeswoman Virginia Kice stated, ‘Because the warrant is under seal, we aren’t able to comment regarding the scope or nature of the investigation.’

However, Fox 11 in Los Angeles says the sting is in reaction to alleged money laundering allegations at the casino. All gambling was shutdown as investigators sweep the Bike, because it’s affectionately known.

Since 1996, FinCEN has required gambling enterprises to file Currency Transaction Reports for any customer transacting $10,000 or higher in a single day.

Dirty Money Crackdown

While the gov (more…)


British Betting Industry Exempted from Punishing AML Directive

British Betting Industry Exempted from Punishing AML Directive

The UK bookmaking industry happens to be exempted by the country’s Treasury through the brand new Fourth EU cash Laundering Directive, thus escaping the onerous and expensive fate of conducting due diligence on aristocrat pokies emulator download every deal of €2,000 (£1,740 / $2,150) and above.

The UK industry that is betting a collective sigh of relief as it absolutely was exempted from the Fourth EU Money Laundering Directive this week.

As the industry breathed a heavy sigh of relief, the us government stated the decision had been made after assessment with UK’s National danger Assessment (NRA), which deemed betting, both online and down, to be low-risk in contrast with other sectors. Both land-based and online casinos, however, won’t be exempted.

Stay Vigilant

However the government emphasized that the industry must remain diligently committed to it anti-money laundering (AML) duties, or it would likely simply find itself having to fill the EU out’s tedious transaction report forms in the end.

Based on the British Gambling Commission, ‘the government has made clear that it will frequently review its position with regards to the funds laundering and terrorist funding risk that gambling providers present.’

As being a condition of certification, gambling operators are already required to conduct AML assessments of the business and develop and implement stringent AML policies.

The Proceeds of Crime Act 2002, meanwhile, calls for operat (more…)