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PredictIt Founder Gets More Time to Respond to CFTC Claims as Lawsuit Continues

Victoria University of Wellington, the New Zealand institution that created PredictIt more than eight years ago, has received more time to respond to US regulators seeking to shut down the online political futures exchange.

CFTC
The Commodity Futures Trading Commission building in Washington, DC. Victoria University in Wellington told Casino.org late Monday that it has received more time to respond to a March 2 letter detailing allegations that PredictIt violated the No-Action letter the New Zealand school received in 2014, allowing it to start the online political futures exchange. (Image: CFTC)

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The post Showstar Boxing appeared first on BestCasinoSites.net.

Construction Stops on Dream Las Vegas, Funding Blamed

Construction on Dream Las Vegas has stalled in tandem with the developers’ financing plans, according to a new report by the Las Vegas Review-Journal. Between $25M and $30M are owed by the developer for the boutique luxury hotel, the newspaper reported.

Construction on Dream Las Vegas, a boutique casino hotel planned for the Strip’s southern end, is shown last year. It has now been halted as its owners seek new funding. (Image: Scott Roeben/Vital Vegas)

In February 2020, the Dream Hotel Group — a New York City-based operator of four Manhattan luxury properties and hotels in Miami Beach, Hollyw

Thai Senator Probed Over Casino Links to Arms, Drug Trafficker

In Thailand, an investigation is underway into why a warrant for the arrest of a high-profile politician suspected of involvement in drug trafficking and money laundering was torn up by senior judges.

Upakit Pachariyangkun, Tun Min Latt, Thailand, Myanmar
Senator Upakit Pachariyangkun denies having ties to alleged arms dealer and drug runner Tun Min Latt, as an investigation into possible judicial corruption swirls. (Image: Bangkok Post)

Last year, Senator Upakit Pachariyangkun was exposed for his business links to Burmese arms and drug trafficker Tun Min Latt. The senator was due to be arrested in October 2022. But he wasn’t.

Now, Thailand’s Supr

Credit Suisse Collapse Won’t Affect Nagasaki Casino Plans

UBS is acquiring rival Swiss bank Credit Suisse for $3.25 billion in a transaction that some experts say is really a bailout, but it may not harm Nagasaki’s efforts to procure financing for casino-resort plans.

Nagasaki, Japan
A look at the nightlife in Nagasaki, Japan. The collapse of Credit Suisse won’t affect the prefecture’s casino ambitions. (Image: Live Japan)

Last year, Nagasaki Governor Kengo Oishi mentioned Credit Suisse as among the potential financiers of the prefecture’s integrated resort project. Currently, Nagasaki and Osaka are the only Japanese prefectures with casino proposals before the fede

Richmond Times-Dispatch Editorial Board Says Virginia Capital Should Fold on Casino

The Richmond Times-Dispatch editorial board believes the Virginia capital city would be smart to fold on its state-allocated casino opportunity and allow nearby Petersburg to instead mull a gaming development.

Richmond Times-Dispatch casino Virginia
The Richmond Times-Dispatch editorial board believes a casino in the city would hurt business elsewhere, including in the capital’s Arts District. The newspaper says Richmond city leaders should rethink hosting another local gaming referendum. (Image: Virginia Main Street)

Richmond was one of five cities that qualified to consider a commercial brick-and-mortar casino through state legisl

Long Island Residents Launch Petition Against Sands Casino Plan

Las Vegas Sands’ plan to bring a new casino hotel to Nassau County, NY is facing opposition from locals who believe the venue will do more harm than good.

Sands
Nassau Veterans Memorial Coliseum in Uniondale, NY. Las Vegas Sands wants to turn the site into a casino hotel, but some residents are opposed to the idea. (Image: Steven Ryan/AP)

The residents formed the Say No to the Casino Civic Association, which is not politically affiliated, to approach Nassau County policymakers about rejecting the gaming company’s overtures. They also started a petition on Change.org, which as of this writing, has 1,

Pennsylvania Sports Betting Operators Ordered to Alter Marketing Language

Pennsylvania sports betting operators have been told to remove certain words and phrases from their advertising and marketing materials.

Pennsylvania sports betting sportsbook advertisement
A BetMGM Sportsbook advertisement promotes a supposedly “risk-free” first bet of up to $1,000. Pennsylvania sports betting advertisements are no longer supposed to include “free” wording. (Image: BetMGM)

The Pennsylvania Gaming Control Board (PGCB) last week joined numerous other states in mandating that licensed sportsbooks do not use “free bet,” “risk-free bet,” “free play,” or any other similar language that implies that a sportsbook offer is without risk.

Bosworth Departing Role at Helm of Virgin Las Vegas

Richard “Boz” Bosworth will leave his role as chief executive officer of Virgin Las Vegas at the end of this month.

Richard “Boz” Bosworth
JC Hospitality CEO Richard “Boz” Bosworth, seen during an interview, above. He’s leaving his role as CEO of Virgin Las Vegas. (Image: Las Vegas Sun)

Vital Vegas broke the news Sunday, noting Bosworth has been at the helm of the off-Strip casino resort since it opened two years ago. He’s also the chief executive officer and general partner of JC Hospitality, which is the majority owner of the gaming venue.

Richard ‘Boz’ Bosworth, President and Chief Executive Officer of JC Hospita

Las Vegas Police Conduct Airbnb Spot-Checks to Bust Spring Break Parties

Las Vegas police are conducting random spot checks on Airbnb and other short-term rental houses, hoping to catch underage spring break drinkers and noisy parties in the act.

Las Vegas police are currently conducting unannounced spot checks that short-term rental advocates claim are unconstitutional. (Image: flickr)

A spokesperson for the Las Vegas Metropolitan Police Department told KSNV-TV that officers visit the rentals they suspect are most likely to host large parties. The spokesperson said these spot checks — which they also routinely conduct around the Memorial Day, July 4, and Labor Day

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