gambling
HHW Gaming: NBA 2K League Bans Players For Getting Their Virtual Pete Rose On By Gambling On League Games
HipHopWired Featured Video Source: Mike Stobe / Getty Gambling has found its way to the NBA 2K League. Unfortunately, it’s not the fans doing the betting. It’s the players and one coach. Spotted on The Verge, the NBA 2K League announced in a statement the indefinite suspension of six players and a coach “indefinitely” for getting their virtual Pete Rose on by betting on the games. Per The Verge: The suspended players include Christopher Lafanette, Dorian Earl Miller, and Robert Nastasi from the league’s affiliate of the Portland Trail Blazers; Zekirri Dennis of Mavs Gaming; and Kimanni Ingram of Jazz Gaming, who the league said “wagered or attempted to wager on NBA 2K League games, either on their own or through other individuals, and also violated the rules by failing to report violations...
Quantum-based random number generator for Web3 games and wallets launched
Researchers at Australia National University have teamed up with blockchain oracle provider AP13 to launch the first Quantum Random Number Generator (QRNG). The joint effort will allow Web3 entities to access a completely unpredictable random number generation system that is highly secure and free to use. Random number generators are not new, but the QRNG system is the first of its kind to generate a random number using quantum mechanics. This provides the first genuinely random number mechanism beyond the pseudo-mathematical systems currently used that may be biased or repeated. There are several traditional applications for random numbers, such as gambling and lotteries, sports and competitions, and sampling and statistics. As more organizations look to embrace the world of Web3, a tampe...
Pete Rose Vibes: Atlanta Falcons WR Calvin Ridley Suspended For 2022 Season For Betting On Games
HipHopWired Featured Video Source: Icon Sportswire / Getty Calvin Ridley, a wide receiver selected in the first round by the Atlanta Hawks, was suspended for the upcoming 2022 season by the NFL for betting on games. Ridley later took to Twitter to state that he doesn’t have a gambling problem while acknowledging he’ll have to sit for a year. The NFL published a report on Monday (March 7) announcing Ridley’s suspension for betting on games in November of last year, including some contests featuring his team, shortly after vacating the team in the previous month due to what he claimed were “mental health reasons.” From the NFL: Related Stories “There is nothing more fundamental to the NFL’s success — and to the reputation of everyone associated with our league — than upholding the integrity ...
New York Raked In $2.4B In Bets With Online Sports Betting
HipHopWired Featured Video Source: SOPA Images / Getty When online betting became legal in New York City this past January you just knew it was going to take the city by storm and according to The New York Times, bets poured in like El Niño as New Yorkers got their gambling on as soon as they got the chance. In just five weeks New Yorkers plucked down more than $2 billion in bets on online gambling apps with the Super Bowl accounting for a quarter of the money. That led to the state compiling $80 million in tax revenue and making New York the “biggest bookmaking market in the nation.” That being said, addiction specialists fear that this is a sign that people may become gambling addicts and even tempt recovering addicts to get back in the game as they can place bets by simply reaching for ...
Jay-Z & Fanatics Brand Bid To Expand Into Sports Gambling
HipHopWired Featured Video Source: Kevin Mazur / Getty Jay-Z continues to diversify his business portfolio. It has been revealed that he and Fanatics have their sights on the sports gambling category. As spotted on Forbes Magazine some of the reasoning why the Rap legend had recently invested into the sports memorabilia brand is starting to unfold. Apparently Fanatics intends the expand their services and will hope to offer betting in the near future. According to paperwork filed with the New York State Gaming Commission, Hov has submitted documentation applying for his license. The application lists him as Vice President of Fanatics Betting & Gaming with his long time friend and partner Michael Rubin as Chief Executive. “We’ve realized we have this incredible opportunity…to reall...
Activist asks court to compel Kano, others to refund VAT generated from alcohol
An Abuja-based activist, Sesugh Akume, has filed a suit before a Federal High Court in the nation’s capital, asking it to compel states that outlawed the sale of alcohol to refund the sums received through Value Added Tax imposed on alcoholic beverages. About 12 states practise Sharia law in Nigeria. They are Kano, Kaduna, Katsina, Kebbi, Sokoto, Borno, Yobe, Jigawa, Bauchi, Gombe, Zamfara and Niger. Based on Sharia law, some of the states prohibit the sale of alcoholic beverages and usually hold public events where bottles of alcoholic drinks are destroyed while gambling is also illegal. However, all the states receive VAT collected from alcoholic beverages sold in other states that permit the sale of the product. In an originating motion brought pursuant to Section 1(3), 4(5), 162(3), (4...
Man paraded naked as punishment for Facebook post
Police have arrested five brothers after a man was paraded naked in the streets allegedly in punishment for a social media post. India Police spokesman, Hirendra Chaudhary, said the 38-year-old victim was kidnapped on Tuesday by the brothers, assaulted and made to walk 45 minutes around the western town of Khambhaliya with no clothes on. “An investigation revealed that the victim… used to do Facebook live videos on regular basis. “On Sunday, in a Facebook Live video (the man) made serious allegations against the five brothers and claimed that they were involved in criminal activities”, Chaudhary said The brothers were charged with illegal confinement, assault, use of criminal force with intent to dishonour person, criminal conspiracy, obscenity, and other offences. Local police said that t...
Sure Bet: Notorious Gambler Michael Jordan Joins DraftKings As Investor & Board Member
Source: Ross Kinnaird / Getty DraftKings just leveled up by bringing the GOAT, Michael Jeffrey Jordan, into the fold. Wednesday (Sept.2), the sports betting company announced the retired NBA Hall-of-Famer, Michael Jordan is coming on board as an investor and board member. While surprising, the addition of Jordan makes sense because Chicago Bull legend was known as a notorious gambler during his playing days, and that was once again highlighted in the excellent Netflix/ESPN sports documentary, The Last Dance. The size of Jordan’s investment in the company is unknown. In the statement from the company, it was revealed that as a sitting board member, MJ will be helping with company strategy, product development, equity and belonging, marketing, and diversity. Speaking on Jordan’s addition, Dr...
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