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The Blockchain Wave Isn’t Always Smooth Sailing

PYMNTS

The blockchain hype certainly hasn’t risen without catching the attention of regulators. Reports noted the efforts echo those seen in Nevada, with one bill that aims to “prohibit cities and villages and counties from taxing or otherwise regulating the use of distributed ledger technology.”. Regulatory Moves.

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Opening Bets: MGM Deals Foreshadow New Gambling Culture

PYMNTS

But challenges remain — not the least of which includes how gamblers will place bets, and whether gambling really will spread to enough new domestic markets to significantly challenge the Nevada’s dominance. which owns and operates two dozen gambling properties in seven states, including Nevada and Louisiana. NBA Data and Logos.

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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. One word can summarize this action-packed banking year, GonzoBankers – tiring.

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Can Legal Pot Thrive With Closed-Loop Payments?

PYMNTS

The latest example of that, a closed-loop payments effort in Nevada, comes amid fresh signs of significant revenue growth for this nascent part of legitimate commerce. Under the program, the Nevada state treasurer’s office will “set up a three-year pilot program” to ease the payments situation for the local cannabis industry.

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