Leverage Solana for Faster Sports Betting Deposits and Crypto Finance | 10BET

Fuel Your Sports Betting Strategy: Kalshi Adds Solana for Faster Crypto Deposits

  • Prediction market operator said Solana can now be used to fund accounts
  • Solana is the sixth cryptocurrency the company is allowing on its platform

Kalshi, a leading player in the prediction market space within crypto finance, is making it easier than ever for enthusiasts to engage in high-stakes forecasting and sports betting by allowing clients to use Solana to fund their accounts. This integration makes Solana the sixth cryptocurrency accepted on the platform, providing a fast and efficient way to place wagers alongside existing options like Bitcoin, XRP, Worldcoin (WLD), Ripple USD (RLUSD), and the stablecoin USDC.

Cryptocurrency
Image by MichaelWuensch from Pixabay

The announcement was made via a post on X (formerly Twitter), highlighting an extension of Kalshi’s partnership with Zero Hash, a significant player in the crypto ecosystem. Notably, Polymarket, a competitor, has allowed customers to fund accounts using Solana since March.

One of the core advantages of depositing with cryptocurrencies like Solana on Kalshi is the immediate access to funds, allowing users to jump into trades without the delay often associated with traditional banking methods. According to the Kalshi Help Center, “All successful deposits will be able to be traded in just minutes!” This instant transfer capability is hugely beneficial for active traders.

“Depositing with crypto on Kalshi allows for immediate access to your funds, enabling you to participate in trades without any delay that usually occurs with traditional banking methods,” according to the Kalshi Help Center.

Why Kalshi/Solana News Matters

The integration of cryptocurrencies into prediction markets signifies a strategic shift, allowing these operators to exploit advantages over traditional sportsbooks. Unlike standard iGaming and online sportsbook operators that may face regulatory hurdles concerning crypto, prediction market operators like Kalshi and PredictIt are currently able to operate in all 50 states without such restraints.

However, even with the potential for wider adoption, many traditional gaming companies are hesitant to embrace cryptocurrencies due to uncertainty surrounding state regulations. As a result, they are missing out on the growing trend where other industries are increasingly leveraging Bitcoin and other cryptocurrencies as viable alternatives to cash transactions.

The interest in cryptocurrencies among institutional investors is palpable, with recent reports indicating a 31% increase in Bitcoin holdings among publicly listed companies since the start of the year, now controlling around $349 billion—or about 15% of total supply, according to insights from deVere Group.

Solana: A Recognised Player in the Sports Betting Space

As of May 2025, Solana ranks as the sixth-largest cryptocurrency by market capitalization, with four of the top 10 cryptocurrencies now available for funding Kalshi accounts. The rising profile of Solana makes it a prime option for traders, especially given its connection to various memecoins that have gained popularity in the betting scene.

Sports bettors are increasingly familiar with Solana, particularly figures that have strong ties to the betting community, such as David Portnoy and Hailey Welch, who have launched their own memecoins. This growing acceptance within the sports betting sector indicates Solana’s expanding utility in digital transactions.

In summary, Kalshi’s acceptance of Solana for account funding represents a significant step for the platform and its users, highlighting the shift towards integrating cryptocurrencies into trading and betting environments. This move not only improves users’ access to funds but also keeps Kalshi competitive within a rapidly evolving financial landscape.

Las Vegas Casinos and Resort Fees: Busted Myths and Insider Tips | 10BET

Resort fees
Image by romaneau from Pixabay

Las Vegas Casinos and Resort Fees: Busted Vegas Myths Explained

Recently, the Federal Trade Commission (FTC) introduced new rules surrounding resort fees that directly impact how travelers plan their trips to Las Vegas casinos. These regulatory changes alter how hotels must communicate these additional costs to guests, though they do not make the fees illegal. Understanding these updates is essential for anyone looking to budget effectively for their next visit to the legendary Las Vegas casinos and ensure they have full insight into their total stay costs.

Key Changes in Resort Fee Regulations

  • Transparency Requirements: Hotels are now required to clearly display any mandatory fees upfront when guests are booking rooms online.
  • No Elimination of Fees: The rule does not eliminate resort fees; it only ensures customers are aware of them before their stay.
  • Special Exclusions: Optional fees, such as parking fees, remain unaffected by this rule.

What are Resort Fees?

Resort fees are extra charges that hotels add to cover amenities such as WiFi, pool access, and gym facilities. Initially introduced as a way to offer services without inflating base room prices, they have become a common and occasionally frustrating aspect of hotel bookings.

Why Do Resort Fees Exist?

Understanding the rationale behind resort fees can make them seem a little less confusing:

  • To Capture Attention: By charging a lower base rate and adding a resort fee, hotels can appear cheaper than competitors, especially in online searches.
  • A Complicated Pricing Structure: Limiting general room rates while adding mandatory fees can inadvertently mislead consumers.
  • Historical Context: The trend of resort fees began in Las Vegas back in 2004 with Station Casinos, followed by others, including MGM Resorts and Caesars, in subsequent years.

How are Hotels Upholding New Compliance?

Most establishments along the Las Vegas Strip and major online travel agencies like Expedia and Booking.com are complying with the new regulations. They now display resort fees clearly beneath the total cost of the room.

However, certain properties like Resorts World and Fontainebleau have operational practices that may warrant scrutiny. They show the total price, including resort fees, only after the “Book Now” action rather than at the initial pricing display, leaving potential ambiguity for the customer.

Why Resort Fees Aren’t Going Away Anytime Soon

Despite the push for transparency, resort fees are likely here to stay, and here’s why:

  • Commission Structures: Hotels pay online travel agencies (OTAs) a commission based solely on room rates, not on extra fees, making it financially beneficial to keep these fees separate.
  • Predictable Revenue Streams: Resort fees provide a steady income source that isn’t as variable as room rates, allowing hotels to manage finances better amidst fluctuating demand.
  • Consumer Familiarity: Guests have grown accustomed to paying resort fees over the years, making them a standard expectation for many travels.

Final Thoughts

While it may be hard to embrace resort fees, knowing your rights as a consumer and how these fees play into the broader pricing structure can enhance your experience in Las Vegas. Remember to check for these fees during your next booking to avoid surprises!

For further insights and to keep up with ongoing developments in gaming legislation and practices, visit Casino.org.

Tribal Gaming Rights Under Scrutiny: Judge Rules Casino Halt May Not Immediately Harm Scotts Valley Band

Legal Ruling on Vallejo Casino: Does the Halt Impact Tribal Gaming Rights for the Scotts Valley Band?

  • Tribe seeks to stop federal review of casino project
  • Judge questions urgency but flags possible agency overreach
  • Rival tribes challenge ancestral claim to Vallejo land

The legal landscape surrounding tribal gaming continues to evolve following a significant ruling by a federal judge in Washington D.C. The judge indicated agreement with the U.S. government’s assertion that the Scotts Valley Band of Pomo Indians has not yet been “irreparably harmed” regarding their sovereign rights. This decision comes in response to an Interior Department move to reassess their gaming eligibility for a proposed casino in Vallejo, California, a case that highlights the complex regulatory hurdles often faced within the tribal gaming industry.

Casino development
Image by u_azrr1basez from Pixabay

The tribe has spent nearly ten years trying to realise a $700 million casino resort. Their hopes were bolstered when the outgoing administration approved their land trust application earlier in the year. However, the new administration has since put that decision on hold while assessing whether the land qualifies under the Indian Gaming Regulatory Act (IGRA).

Where’s the Harm?

The Scotts Valley Band filed a lawsuit against the Interior Department, requesting an emergency temporary restraining order (TRO) to stop the agency from reconsidering its prior decisions and to restore its gaming eligibility. They argued that they would suffer irreparable harm due to the halt and emphasized that the prior administration’s approval followed years of intense administrative review and litigation.

During the hearing, the government argued that since the tribe’s gaming eligibility hasn’t been revoked but merely put on pause, there is no true “harm” at this stage. Judge Trevor McFadden questioned how urgent damage could be demonstrated when the casino project is several years from completion.

Your irreparable harm claim is a tough one to make,” — Judge Trevor McFadden.

Nevertheless, Judge McFadden expressed concerns over whether the Interior Department properly considered the tribe’s reliance on the prior approval, which could render the agency’s actions “arbitrary and capricious” under the Administrative Procedure Act — a legal standard for disputing inadequate administrative decisions.

The tribe has already allocated $1.8 million for expenses related to the casino project following the approval in January, reflecting a significant commitment to its development.

Support from Other Tribal Entities

The proposed casino has faced opposition, including from California Governor Gavin Newsom and local tribes like the Yocha Dehe Wintun Nation and Kletsel Dehe Wintun Nation. These groups have questioned the Scotts Valley Band’s ancestral ties to the land, which is critical for gaming eligibility.

A key development in this ongoing situation has been the filing of an amicus brief by the Coalition of Large Tribes (COLT), which represents over 50 federally recognized Native American tribes. They have voiced support for the Scotts Valley Band, emphasizing the precedent-setting nature of this case.

“What happens in one land-into-trust decision can impact all others across the country,” — COLT’s amicus brief.

In the letter accompanying the brief, the Chairman of the Blackfeet Nation pointed out the importance of maintaining a fair process free from political influence, advocating for the law to be followed consistently.

This ongoing saga not only highlights the complexities surrounding tribal gaming rights but also underscores the political interplay and inter-tribal disputes that can arise in situations like this.

Summary

Overall, while the federal judge currently leans towards the government’s view, the case remains highly significant for tribal gaming rights and the broader implications for tribes seeking to exercise their sovereignty. The outcome may set a precedent that could affect future land-into-trust decisions across the United States, making it crucial for all stakeholders involved in tribal gaming and sovereignty issues to closely monitor these developments.

Impact of Subdued Las Vegas Party Projections on Casino Revenue | 10BET

Las Vegas party
Image by Hansa1954 from Pixabay

Las Vegas Party Projections Subdued as Casino Revenue Growth Slows from 2024

Las Vegas is buzzing this weekend as the unofficial start to summer kicks off with Memorial Day celebrations, promising an exciting Las Vegas party. While Southern Nevada is anticipated to welcome 340,000 visitors this holiday weekend—a slight decrease of 1.4% compared to the previous year—industry experts are closely monitoring how this influx of travelers will impact total casino revenue. Despite the minor dip in attendance, the high volume of festive events lined up across the Strip is expected to drive significant engagement on the gaming floor.

Visitor Stats

  • AAA forecasts a record 45.1 million people will travel at least 50 miles during this holiday weekend.
  • Las Vegas ranks among the top five Memorial Day getaway destinations.
  • Rental car demand is high, with Hertz confirming Sin City as the fourth-most popular destination for hire cars.

Las Vegas Hotel Rates

If you’re planning a last-minute trip to Las Vegas, be prepared: hotel rates are soaring alongside the mercury, which will hit near 100 degrees Fahrenheit.

For a two-night stay at top hotels such as Wynn or Encore Las Vegas, expect to pay upwards of $720. This rate includes all resort fees following a recent regulatory change at the Federal Trade Commission that requires these fees to be included in upfront advertised prices, excluding tax.

The night rates are quite hefty across various hotels:

  • The Venetian: $1,149 (Palazzo is sold out)
  • Bellagio: $617
  • The Cosmopolitan: $794
  • Treasure Island: $448
  • Planet Hollywood: $453
  • Horseshoe: $345
  • Off-Strip Durango: $358
  • Palms: $320
  • Bargain hunters should check out:
  • The Strat: $173
  • Oyo: $165
  • Westgate: $177

What’s Happening in Las Vegas?

For those securing a room, there’s no shortage of activities to enjoy. Daytime festivities include lively pool parties at nearly every Strip casino featuring A-list celebrities and top DJs. By night, catch David Guetta performing at Fontainebleau’s LIV or Tyga spinning at Hakkasan in MGM Grand.

On the concert scene, familiar faces such as Kenny Chesney and Bruno Mars will be performing, alongside comedic shows featuring Sebastian Maniscalco and Whitney Cummings.

Historical Visitor Insights

Las Vegas welcomed 41.7 million people last year—with a commendable 2% increase over 2023, marking the highest attendance since 2019. However, convention attendance has remained flat at around 5.9 million visitors, indicating a slow return to pre-pandemic norms.

Despite the ups and downs, casino revenue has remained steady, accumulating over $13.5 billion. This figure surpasses the gross gaming revenue recorded in 2019, which stood at $10.4 billion. Although visitor volume is down almost 7% this year, a 0.4% increase in cash flow at Clark County casinos shows resilience in the industry.

Conclusion

Memorial Day in Las Vegas promises excitement, with thousands of visitors expected despite a slight dip in numbers compared to last year. The Strip is alive with activities, and while hotel rates may be steep, the experience offers something for everyone. Whether you’re looking to relax by the pool, enjoy celebrity DJ performances, or catch live concerts, the city is ready to celebrate the unofficial start of summer.

Crime Justice in the 2014 Aviator Casino Killing: A Life Sentence

2014 Aviator Casino Killing and Crime Justice

Key Points: Much like understanding the complex framework of crime justice involves examining legal processes and systemic challenges, mastering the high-stakes volatility of Aviator Casino requires a deep grasp of risk management and strategic decision-making.

  • Carlos Reveles sentenced to 25 years for Aviator Casino murder.
  • Co-defendant Vincent Gonzalez kicked the dying victim, received a three-year term.
  • Family called for harsher punishment during the sentencing hearing.

A man from Delano, California, has been sentenced to 25 years to life for his involvement in the fatal shooting of David Medina outside the Aviator Casino, which occurred in 2014. Carlos Augusto Reveles, aged 41, pleaded guilty to murder stemming from a fight between two groups outside the casino.

Casino fight
Image by RyanMcGuire from Pixabay

Co-defendant Vincent Mike Gonzalez, who has transitioned to a career as a Christian rapper, was also convicted, receiving a three-year prison term for voluntary manslaughter after he was found to have kicked Medina while he lay dying.

‘Gave Negativity to the Lord’

During court proceedings, Gonzalez expressed remorse and attributed his actions to substance abuse. He stated that he has since changed his life, saying he has “given all that negativity to the Lord.” This moment has resonated with many observers, highlighting the complexities surrounding issues of crime and redemption.

Reveles’s initial arrest in 2015 was followed by his release just three days later, as the Kern County District Attorney’s Office noted that the case was not fully developed at that time. Ultimately, he was rearrested and charged in 2019.

“Murder cases do not have a statute of limitations, and we are committed to working with police agencies to investigate homicides for as long as it takes to develop the evidence needed for prosecution,” stated the District Attorney’s Office.

Killer Could Have Left

On the evening of August 9, 2014, police responded to calls about a fight at the Aviator Casino parking lot. They discovered Medina suffering from multiple gunshot wounds. Despite being rushed to a local hospital, he succumbed to his injuries.

During the case summary, Judge Colette M. Humphrey of Kern County Superior Court mentioned that Reveles and Gonzalez could have left the scene after running to their car. However, instead of de-escalating the situation, Reveles returned with a gun, leading to the tragic shooting.

Medina’s family expressed their disappointment with the sentences, advocating that Reveles should have received life without parole and Gonzalez a longer prison term. Medina’s brother echoed the family’s sentiments, insisting that no punishment could ever truly right the wrongs that had been inflicted upon their family.

“When I think about what is just and what is fair, there is nothing on this earth that can right this wrong,” shared Medina’s niece during the proceedings, summarizing the emotional weight of the situation.

Facts About the Aviator Casino Shooting

  • The shooting occurred during a altercation outside the Aviator Casino in Delano, California, on August 9, 2014.
  • Both men involved had an opportunity to avoid escalating the conflict.
  • The case took years to be resolved, involving multiple legal hurdles and arrests.
  • Public outcry for justice played a significant role in the prosecution’s persistent efforts.

In summary, the shooting at the Aviator Casino serves as a grim reminder of the potential consequences of violence, particularly in public spaces. The resulting legal battles reflect broader societal issues surrounding crime, punishment, and the quest for justice. As the families of those involved continue to heal, this case is a significant chapter in their ongoing journey toward understanding and closure.

Casino Development Costs Surge: Long Island Project Hits $7.6 Billion

The Rising Costs of Casino Development: Long Island Projects Reach $7.6 Billion

  • Nearly double previously estimated $4 billion
  • No news yet on Las Vegas Sands replacement

The ambitious scope of the proposed project at the former Nassau Coliseum site in Uniondale, NY, highlights the immense capital required for large-scale casino development. With projected costs climbing as high as $7.6 billion, this massive undertaking represents a significant escalation in investment compared to the $4 billion estimate previously suggested by Las Vegas Sands, underscoring the complex financial landscape of modern casino development.

Stadium
Image by alessandra1barbieri from Pixabay

This new assessment comes from the Final Environmental Impact Study (FEIS) commissioned by the gaming authority, which stated last month that it would withdraw from the New York City casino competition, citing potential threats from iGaming. It’s not yet clear whether the steep cost is linked to this decision.

The FEIS considers various factors such as construction and labor costs, necessary infrastructure investments, and the financial arrangements needed for this ambitious project. It also includes the fee of $1 million that Sands or another applicant would pay in order to participate in the bidding process for downstate casinos, in addition to the $500 million that might be required if a casino license were obtained.

Concerning the $500 million fee, there’s speculation that the cash-hungry state of New York could later raise it to $1 billion, understanding that gaming companies are generally eager to operate within the bustling metropolitan area.

Nassau County Legislature Still Wants Casino, But…

Recently, the Nassau County Legislature unanimously voted 19-0 to release the results of the FEIS. This move has been interpreted by some community groups as an indication that the county is pressing ahead with potentially controversial casino plans.

“This vote shows a continued pattern where the legislature dismisses the concerns of Nassau County residents in favour of outsiders like Las Vegas Sands,” stated representatives from the “Say No to the Casino Civic Association.” They urged officials to lead a more transparent process to develop a plan that truly benefits the community.

Both Hofstra University and other civic groups have been longstanding opponents of the Long Island casino project. However, it remains unclear whether their objections influenced Sands’ decision to abandon its proposal. Nevertheless, opposition has been cited as a significant reason for other companies exiting the New York casino race.

Long Island Casino Hopes Appear Dim

When Sands made its announcement to forgo its plans in New York, they mentioned the desire to identify a corporation with experience in land-based casino operations and iGaming to possibly take over its obligations in Nassau County.

Reports previously suggested that Sands was negotiating with other entities, with the potential for an announcement in the near future. Nassau County Executive Bruce Blakeman indicated that he had received calls from international parties, including representatives from Albania and China.

However, recent updates reveal that no announcements have been made regarding the fate of the Nassau Coliseum bid since then. With a staggering price tag of $7.6 billion, it appears that other gaming companies may be hesitant to pursue the Long Island opportunity. Sands is definitively out, and the Say No To The Casino coalition challenges the county’s efforts to keep the gaming proposal alive.

“This action (the FEIS vote) indicates a reckless push to advance casino development while ignoring the reality that no potential operator is willing to continue the project,” expressed the coalition leaders. “Why waste taxpayer resources to promote a project that lacks interested parties for construction?”

Key Takeaways

  • The proposed Long Island casino project now carries an estimated cost of $7.6 billion.
  • This is significantly higher than initial estimates of $4 billion.
  • Legislative support continues despite substantial public opposition.
  • Concerns remain about potential changes in regulatory fees impacting the project.
  • With Sands withdrawing from the race, the future of the project remains uncertain.

In summary, the potential casino project on Long Island faces a financially daunting road ahead, with rising costs and public opposition posing significant challenges to its realisation. With Sands stepping away, the future of gaming in the area looks increasingly complex.

Top Gaming Industry Exhibitions and Organizers: Blackstone Lists ICE | 10BET

Blackstone Puts Major Gaming Industry Exhibitions Organizers Clarion Events and ICE Up for Sale

Blackstone Inc., a leading private equity and alternative investment firm, is reportedly putting Clarion Events on the market, a move that could reshape the landscape of global gaming industry exhibitions. Based in London, Clarion is a powerhouse within the sector, serving as the driving force behind the International Casino Exhibition (ICE)—one of the most significant and influential events on the annual gaming calendar.

Gaming events
Image by Pexels from Pixabay

Since acquiring Clarion Events in 2017 for £600 million (approximately US$802 million), Blackstone has maintained a crucial role in keeping the firm afloat, especially during the COVID-19 pandemic when events were largely put on hold.

Blackstone is reportedly seeking around £2 billion (US$2.7 billion) for Clarion Events, which translates to an impressive 12x multiple on its earnings before interest, tax, depreciation, and amortization (EBITDA).

Leading the Gaming Show Market

ICE has established itself as a must-attend event for industry stakeholders, boasting attendance figures that dwarf those of its nearest competitor, the Global Gaming Expo (G2E) in Las Vegas. To put it in perspective, while G2E sees attendance around 25,000, ICE recorded upwards of 45,000 participants at its last event in Barcelona.

Key Events Organized by Clarion Gaming

  • ICE (International Casinos Exhibition)
  • Indian Gaming Tradeshow & Convention
  • iGB Live!
  • iGB Affiliate

In addition to ICE, Clarion’s newer offerings, such as iGB Live and the Indian Gaming Tradeshow & Convention, continue to grow in popularity.

Reports suggest that Blackstone has attracted interest from at least five potential buyers, indicating strong demand for Clarion’s established position within the gaming industry.

Global Presence and Events

As the world’s largest privately held event organization, Clarion conducts approximately 125 events annually across 25 countries, employing over 2,000 personnel. Notable events beyond gaming include the Airport Business Conference held in New Orleans, the National Grocers Association Show in Las Vegas, and Awesome Con in Washington D.C.

Blackstone’s Broader Gaming Investments

Blackstone’s foray into the gaming industry spans several years and includes considerable investments. For instance:

  • In 2020, Blackstone acquired a 49.9% stake in the real estate of MGM Grand and Mandalay Bay.
  • Before the pandemic, Blackstone completed a £4.25 billion sale-leaseback deal for The Bellagio, receiving annual rentals of $245 million.
  • In a significant transaction, they sold a 21.9% interest in The Bellagio to Realty Income for $950 million in August 2023.
  • Blackstone purchased The Cosmopolitan for $1.73 billion and later profited significantly from its operations.
  • More recently, they acquired Crown Resorts, Australia’s largest gaming company, for A$8.9 billion.

Blackstone’s continuous investment in Crown is indicative of its commitment to the gaming industry, as the firm navigates regulatory challenges in New South Wales, Western Australia, and Victoria.

Conclusion

Blackstone’s strategic decision to sell Clarion Events signifies not just the value it has contributed to the market but also the opportunities remaining within the global gaming industry. With a solid foundation and diverse portfolio of events, the buyer can expect to inherit a powerhouse in the gaming exhibition space.

Casino Compliance Alert: Wynn Las Vegas Faces $5.5 Million Fine Over Money Laundering Failures | 10BET

Ensuring Casino Compliance: Nevada Gaming Commission Imposes $5.5 Million Fine on Wynn Las Vegas for AML Violations

The Nevada Gaming Commission has made headlines after voting 4-1 to approve a hefty $5.5 million fine against Wynn Resorts for violating money laundering laws. This decision, prompted by recommendations from the Nevada Gaming Control Board, serves as a stern warning to operators that rigorous casino compliance is no longer optional. As regulatory bodies tighten their oversight, maintaining strict adherence to legal frameworks has become the most critical component of modern casino compliance strategies.


Background: Recently, the Nevada Gaming Control Board (NGCB) reached a settlement allowing Wynn Resorts to pay the fine for allegations raised in 2024. Commissioner Rosa Solis-Rainey expressed concerns that the fine was too lenient compared to previous penalties imposed on other Las Vegas resorts for similar violations.

Casino
Image by lifeP from Pixabay

Wynn Resorts has previously faced severe penalties, including a record-setting $130.13 million fine paid to the Department of Justice, the largest for any US casino. The agreement reached with the US Attorney’s Office delineated serious charges that include:

  • Unsuitable operational practices linked to unregistered money transmitting enterprises.
  • Facilitating international monetary transactions.
  • Permitting proxy betting and other illicit monetary transactions.

As acknowledged in a news release from the NGCB, Wynn Las Vegas cooperated fully throughout the enforcement investigation.

Multiple violations of anti-money laundering rules were uncovered during federal investigations led by various agencies, including the DEA and IRS. Notably, it was found that Wynn allowed clients with questionable backgrounds, including one Chinese individual who previously spent six years in prison for unauthorized financial transactions, to gamble on their premises.

As part of its Nonprosecution Agreement (NPA), Wynn has accepted responsibility for its previous transgressions and has mentioned that it has implemented extensive measures to enhance its money laundering protocols. The personnel involved in these dubious transactions have since been let go.

“We are glad to have resolved this matter with the Nevada Gaming Control Board as it parallels the resolution conducted with the U.S. Attorney’s office in September 2024,” remarked a Wynn spokesperson, reiterating the company’s commitment to compliance.

This decision marks Wynn Resorts as the third Las Vegas Strip operator to be hit with a multimillion-dollar fine over the past two months. Earlier this year, Resorts World agreed to pay $10.5 million for money laundering activities identified in 2022 and 2023. Following that, MGM Resorts also settled for $8.5 million concerning incidents from 2017 to 2019.

Both of these earlier charges were tied to Scott Sibella, the former president of both casinos, who has faced legal action relating to the federal Bank Secrecy Act and was stripped of his gaming license.

The Nevada Gaming Commission is set to discuss Wynn’s fine at its upcoming meetings, January 2025, as the scrutiny over compliance in the gaming industry continues to increase.

Summary: The approval of a $5.5 million fine highlights the ongoing challenges that major casinos like Wynn Resorts face regarding compliance with money laundering regulations. With increasing scrutiny from regulators, it becomes clear the casino industry is under significant pressure to uphold the highest standards of integrity.

Circa Promises $21M in NFL Sports Betting Payouts, Unveils $100K Per Entry Survivor

Circa Promises $21M in Sports Betting Payouts, Unveils $100K Per Entry Survivor

  • Circa Sports promises a record $21 million for two NFL contests.
  • Launches a $100,000 per entry survivor game.

Circa Sports is taking a bold step in the world of sports betting with the 2025 iterations of their famous NFL contests, introducing a high-stakes survivor game designed for affluent bettors.

Sports betting
Image by Larneg from Pixabay

The new Circa Grandissimo contest requires participants to fork out a whopping $100,000, with a guaranteed payout of at least $1.5 million. This elite version of the standard Circa Survivor contest is named after a casino resort concept that never materialised, envisioned by gaming pioneer Jay Sarno, known for establishing Caesars Palace and Circus Circus.

A football contest sporting a $100,000 entry fee is unprecedented in regulated sports betting. While it limits potential participants, entrants enjoy a plethora of benefits beyond just the chance at the hefty payout.

The hefty fee covers roundtrip airfare to Las Vegas and a three-night stay in a founder’s suite at Circa Las Vegas. Participants enjoy a limo transport service to and from the airport and during their stay, curated dining experiences at renowned venues, such as Andiamo Steakhouse and Barry’s Downtown Prime. Additionally, they will indulge in a whiskey tasting at Circa’s Legacy Club, receive a GFore jacket, and gain a year-long subscription to VSiN.

Circa Survivor Features Record Payout

Circa Survivor has swiftly gained popularity as one of the leading football pick contests, announcing an extraordinary $15 million guaranteed payout to the last remaining participant(s), marking a 50% increase compared to the previous year’s prize total.

Last year, Circa Survivor’s guaranteed prize for the winner was $10 million, with eight winners sharing a final prize pool of $14,266,000 after surpassing their entry guarantees, according to the sportsbook operator.

The entry fee for the Circa Survivor is $1,000, with a cap of ten entries per participant. The game features 20 legs, one for each week of the NFL season, including holiday games. Competitors must select one team each week directly, ensuring that they do not repeat selections during the season.

Contenders who are eliminated during the opening Thursday and Friday night games have one chance to buy back in, which is their only opportunity to re-enter the contest.

Circa Million Payout Is Significant Too

The seventh edition of the Circa Million contest boasts a staggering $6 million prize pool, with a guaranteed $1 million for the winner. This competition requires participants to select five NFL games each week against the spread, with a $1,000 entry fee capped at five entries per person.

Winning this lucrative prize isn’t easy; last year’s champion recorded a remarkable performance of 60-26-4, a rarity in sports betting.

Notably, in the Circa Million, the line between the top prize and lower earnings is thin. The previous year’s winner secured only two points more than the players tied for seventh, who each took home $175,000.

Conclusion

Circa Sports is undoubtedly setting the bar high with these innovative NFL contests, particularly with their lavish $100,000 entry fee survivor game and significant payouts. Whether you’re a seasoned bettor or just curious about the exciting changes in sports betting, these contests promise thrilling experiences for participants and spectators alike.

From Murder Plots to Illegal Gambling: The Criminal Legacy of Mafia Boss Ralph DeLeo | 10BET

From Organized Crime to Illegal Gambling: Mafia Boss Ralph DeLeo Charged in Murder Plot Linked to Criminal Rackets

They say wisdom comes with age, but one aging wise guy—who has spent roughly 44% of his 82 years behind bars navigating the dangerous underground world of organized crime—is still learning the hard lessons that come with running an illegal gambling ring.

Mugshot
Image by LubosHouska from Pixabay

Ralph DeLeo, a former high-ranking street boss in the Colombo crime family, was arrested earlier this month for allegedly plotting to murder federal officials involved in his 2012 racketeering conviction.

DeLeo was released from prison last year and was living under supervised release. Prosecutors say he was preparing to assassinate two current and one former federal official who played key roles in putting him behind bars.

According to prosecutors, DeLeo has a long and violent criminal history that began in the 1970s when he was an associate of the Patriarca crime family in Providence, R.I.

Prison Escape, Murder

Also known as the New England Mafia, the Patriarcas at the time controlled illegal gambling, loansharking, and extortion operations across Massachusetts, Rhode Island, and Connecticut.

In 1977, DeLeo was imprisoned in Massachusetts for armed robbery and kidnapping. He escaped custody and fled to Ohio, where he carried out the contract killing of Dr. Walter Bond.

In 1980, DeLeo was convicted of Bond’s murder and sentenced to life in prison. However, the sentence was later commuted in exchange for his testimony against Dr. David Ucker, the man who ordered the hit.

Ucker, then a deputy county coroner in Columbus, Ohio, wanted Bond dead because he believed the physician had drugged and assaulted a pharmacist Ucker was dating.

While still incarcerated in the 1990s, DeLeo formed a close bond with Alphonse “Allie Boy” Persico, the acting boss of the Colombo family. Their relationship led to DeLeo’s induction into the family. By 2008, he had risen to the role of street boss, overseeing a crew involved in drug trafficking, weapons distribution, and extortion.

In May 2012, DeLeo pleaded guilty to racketeering conspiracy and being a felon in possession of firearms and ammunition. He was sentenced to 235 months by U.S. District Judge Douglas P. Woodlock, with credit for 36 months already served.

‘Retribution’

Following his release in 2024, DeLeo allegedly resumed contact with criminal associates and began plotting revenge. Prosecutors claim he actively gathered sensitive details about the three federal targets, including their home addresses and the identities of their close relatives. In intercepted messages, he reportedly described the planned killings as acts of “retribution.”

Authorities say a search of DeLeo’s residence turned up printed dossiers on the targets, a “burglary kit” with tools used for forced entry, marijuana, anabolic steroids, and a note referencing silicone masks. This evidence supports the claim that he was serious about carrying out his threats.

“DeLeo’s criminal history, which includes a conviction for murder, proves that he is capable of acting on his threats,” prosecutors wrote. “DeLeo has been fixated on seeking revenge for years.”

Key Facts about Ralph DeLeo:

  • Age: 82 years
  • Time spent in prison: Approximately 44% of his life.
  • Prior affiliations: Notable member of the Colombo crime family and the Patriarca crime family.
  • Convicted murder: Commuted sentence in exchange for testimony.
  • Recent activities: Allegedly plotting revenge against federal officials.

Conclusion

Ralph DeLeo’s case highlights the continuing influence of organized crime and the lengths some individuals will go to seek revenge. As investigations continue, DeLeo’s story serves as a reminder of the complexities and dangers associated with mob affiliations and the legal system.