Gambling News Podcast

GAMBLING, CRYPTO & LAS VEGAS NEWS | BIG PROGRESSIVE JACKPOT WINS

May 11, 2021 EasyMobileCasino.com Season 1 Episode 93
Gambling News Podcast
GAMBLING, CRYPTO & LAS VEGAS NEWS | BIG PROGRESSIVE JACKPOT WINS
Show Notes Transcript Chapter Markers


When Virgin Hotels decided to expand into Las Vegas, it turned to Mohegan Gaming & Entertainment to run the casino. More recently, the San Manuel Band of Mission Indians announced plans to acquire the Palms in Las Vegas for $650 million. It appears that more and more tribal gaming companies are considering Las Vegas in their expansion plans. One that comes to mind is the Seminole Tribe of Florida. This tribe owns and operates nine Hard Rock casino venues in multiple states. Virgin Hotels and the Palms could be the beginning of a major tribal gaming interest in the Las Vegas market.

 
The long awaited grand opening of Resorts World in Las Vegas is almost here. The current plan is to open to the general public on June 24. One of the innovations planned for the newest casino resort on the Las Vegas Strip is gambling with cryptocurrency. Resorts World has partnered with Gemini. This is one of the biggest crypto exchanges in the industry. Patrons at Resorts World would be able to use their Gemini wallet to covert funds into cryptocurrency. International Game Technology (IGT) has developed the proper technology to make this possible. Casino winnings could also be paid out in crypto.

 
A week after one lucky slots player won $77,000 playing a progressive machine, another lucky patron cashed in big. Known as Gwendolyn, she was playing a Black and White Double Jackpot progressive slot for 15 minutes. That is when she hit a $50,000 jackpot. After striking out on that same machine in her first visit to Eagle Mountain Casino, persistence paid off on Day 2. Eagle Mountain Casino is near Porterville, California. It is owned and operated by the Tule River Tribe. The casino floor offers 1200 different slot and video poker machines. There are also 10 gaming tables.

 
Massachusetts Sen. Elizabeth Warren has continually cited her concerns over bitcoin and other cryptocurrencies. They range from protection for small investors, easy theft and electrical consumption. She has also spoke out against the highly speculative nature of cryptos in general. Studies have highlighted the massive amount of energy required to mine bitcoin. One study at Cambridge’s Judge Business School pointed this out in terms of consumption. More electric is used to mine bitcoin then the annual consumption level in the Ukraine, Sweden or Argentina. Other critics include Microsoft founder Bill Gates and Treasury Secretary Janet Yellen.







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In the first story,  Are More Tribal Casinos are Coming to Las Vegas?
When Virgin Hotels decided to expand into Las Vegas, it turned to Mohegan Gaming & Entertainment to run the casino. More recently, the San Manuel Band of Mission Indians announced plans to acquire the Palms in Las Vegas for $650 million. It appears that more and more tribal gaming companies are considering Las Vegas in their expansion plans. One that comes to mind is the Seminole Tribe of Florida. This tribe owns and operates nine Hard Rock casino venues in multiple states. Virgin Hotels and the Palms could be the beginning of a major tribal gaming interest in the Las Vegas market.

Next up,  Resort World Las Vegas Partners With Major Crypto Exchange
The long awaited grand opening of Resorts World in Las Vegas is almost here. The current plan is to open to the general public on June 24. One of the innovations planned for the newest casino resort on the Las Vegas Strip is gambling with cryptocurrency. Resorts World has partnered with Gemini. This is one of the biggest crypto exchanges in the industry. Patrons at Resorts World would be able to use their Gemini wallet to covert funds into cryptocurrency. International Game Technology (IGT) has developed the proper technology to make this possible. Casino winnings could also be paid out in crypto.

In the next story, Eagle Mountain Casinos Pays Out Two Big Slot Jackpots
A week after one lucky slots player won $77,000 playing a progressive machine, another lucky patron cashed in big. Known as Gwendolyn, she was playing a Black and White Double Jackpot progressive slot for 15 minutes. That is when she hit a $50,000 jackpot. After striking out on that same machine in her first visit to Eagle Mountain Casino, persistence paid off on Day 2. Eagle Mountain Casino is near Porterville, California. It is owned and operated by the Tule River Tribe. The casino floor offers 1200 different slot and video poker machines. There are also 10 gaming tables.

In the last story,  Sen. Elizabeth Warren is No Fan of Bitcoin
Massachusetts Sen. Elizabeth Warren has continually cited her concerns over bitcoin and other cryptocurrencies. They range from protection for small investors, easy theft and electrical consumption. She has also spoke out against the highly speculative nature of cryptos in general. Studies have highlighted the massive amount of energy required to mine bitcoin. One study at Cambridge’s Judge Business School pointed this out in terms of consumption. More electric is used to mine bitcoin then the annual consumption level in the Ukraine, Sweden or Argentina. Other critics include Microsoft founder Bill Gates and Treasury Secretary Janet Yellen.


Remember to visit PlaySlots4RealMoney.Com (that's the numeral 4) and EasyMobileCasino.com.  Subscribe to our newsletter to get the latest news and bonus codes delivered to you weekly for more updates. Share this podcast on social networks. Remember, tor the most recent online casino ratings and slot machine reviews, stop by CasinoSlotsMoney.com. For Bitcoin and other cryptocurrency quotes, stop by ArmyOfBitcoin.com.  Feel free to view the links below, which are helpful resources.  That’s your Weekly Gambling News Roundup.