Category: Slots Australia

Poor Bitcoin. It’s like Rodney Dangerfield: it can not get any respect. Not from the people who could just take it towards the next level anyway. And the very reason some touted it as the way that is best to go currency around online may be the precise explanation it’s going to never achieve mainstream acceptance. At the very least, according to nTrust founder and CEO Robert MacGregor, who’s additionally a technology and alternative payments lawyer. casinopokies777.com The online vault systems founder (nTrust isn’t available in the U.S.) has some strong opinions on Bitcoins and why they stay lukewarm in reception general to the world wide web monetary exchange universe.

Still Struggling for Mainstream Acceptance

MacGregor recently coined an op-ed piece on Bitcoins, and shared his thoughts on why they will probably never be accepted by the conventional banking worldwide entities as a genuine currency. MacGregor says the issue is not whether Bitcoins have enjoyed some acceptance, but if they will ever get sufficient acceptance to matter, and their response is: not much. And he’s not the only one who thinks so, either.

The nTrust CEO ascertains that, by the definition of money as something that can be used to purchase things, Bitcoins have actually failed miserably. And to measure that, MacGregor states, all you need to do is view the number that is relatively tiny of who acce Continue reading “nTrust CEO Says Bitcoins Will Never Be a Mainstream Payment Option”

A Nevada-based casino table games developer, manufacturer and distributor is trying to reassure worried shareholders following the company’s California ‘suitability to accomplish business’ rights were revoked by that state’s Gambling Control Commission recently.

Defending Letter

Galaxy Gaming CEO Robert Saucier has delivered a four-page missive to investors, claiming that all the presssing issues decried by the Ca regulators inside their decisions stemmed from a ‘predecessor entity that ceased business procedure in 2009 and dissolved. The procedures did not involve Galaxy, directly’ Saucier went on, incorporating that ‘it is business as usual [at Galaxy ] once we continue to produce our products and services without the interruption.’

With Galaxy doing a whole lot of its business in the Golden State specially with many tribes that are indian have gambling enterprises Saucier desired to ensure customers and investors that Galaxy’s ‘gaming license with Ca tribes is unchanged and in good standing. Likewise, our status in every other jurisdictions we serve is also unchanged and remains in good standing. In fact, we continue steadily to seek and acquire new licenses and approvals in extra jurisdictions,’ the letter went on to state.

Conflicting Tales

And also this is where things have, um, a little perplexing. Because while Saucier emphatically states in their letter that the Ca Gambling Control Commission don’t ru Continue reading “Galaxy Gaming CEO Reassures Shareholders After Regulatory Denial”