Success Universe, the casino operator of Ponte 16 in Macau has purchased approximately 23.4 units of Bitcoin at an aggregate value of $1.3 million as an investment.
CoinGeek has launched a survey aimed at soliciting information as to the types of content and conference sessions on blockchain that would be useful for professionals in the gambling industry.
500 .com Limited, now describing itself as “a cryptocurrency mining enterprise in China,” has announced that it has completed its acquisition of bitcoin mining machines originally announced on January 11. The bitcoin mining machines acquired in this transaction (the "Bitcoin Mining Machines") include such models as the S17, T17, M20s and S9.
500.com closed its previously announced private placement transaction with Good Luck Information Technology and has received 356.04342 Bitcoins and US$11.5 million in cash. The company has issued 85,572,963 newly issued Class A ordinary shares to Good Luck Information.
A company held by Suncity Group Executive Director Alvin Chau is in negotiations to purchase cryptocurrency mining hardware, usually used to mine Bitcoin.
China sports lottery company 500.com has continued its transformation into the bitcoin space with the all-stock acquisition of bitcoin mining company BTC.com and investors appear to approve.
Chinese lottery company 500.com said it agreed to buy bitcoin mining company BTC.com in a all-stock transaction.
500 com has announced that it has entered into a definitive purchase agreement for 5,900 bitcoin additional mining machines for a total consideration of approximately RMB55.2 million US$8.5 million). All of the bitcoin mining machines are expected to be delivered in the second quarter of 2021.
Online casinos and illegal bookmakers are feeling the squeeze after the Russian central bank has made it very difficult for punters to get paid.
Bitcoin’s meteoric rise in the last three months has recaptured the news headlines and the imagination of speculators the world over, especially as it continues to set new highs almost daily.