HighStakes Archives - Keno Wizard https://kenowizard.com/tag/highstakes/ The Ultimate Keno Destination for Odds, Tips & Tricks Thu, 16 Nov 2023 17:20:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 HighStakes Archives - Keno Wizard https://kenowizard.com/tag/highstakes/ 32 32 230792155 Resorts World and Former Executive Seek Dismissal in High-Stakes Legal Battle https://kenowizard.com/2023/11/16/resorts-world-and-former-executive-seek-dismissal-in-high-stakes-legal-battle/ https://kenowizard.com/2023/11/16/resorts-world-and-former-executive-seek-dismissal-in-high-stakes-legal-battle/#respond Thu, 16 Nov 2023 17:20:29 +0000 https://kenowizard.com/2023/11/16/resorts-world-and-former-executive-seek-dismissal-in-high-stakes-legal-battle/ Resorts World Las Vegas, along with its former president and chief operating officer, Scott Sibella, are fighting back against a federal lawsuit filed by Robert “RJ” Cipriani. The legal team for Sibella and Resorts World has submitted a motion to a US District Court judge, urging the dismissal of the six-count lawsuit. Resorts World Faces [...]

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Resorts World Las Vegas, along with its former president and chief operating officer, Scott Sibella, are fighting back against a federal lawsuit filed by Robert “RJ” Cipriani. The legal team for Sibella and Resorts World has submitted a motion to a US District Court judge, urging the dismissal of the six-count lawsuit.

Resorts World Faces Lawsuit Over Alleged Oversight of Illegal Gambling

Cipriani alleges that Sibella and Resorts World turned a blind eye to felons illegally gambling at the renowned Strip casino. In response, Sibella’s attorney, J. Colby Williams, argues that Cipriani has an exaggerated sense of importance on the global stage, reported The Las Vegas Review-Journal. Cipriani, who goes by the aliases ‘Robin Hood 702’ or ‘Robinhoodvegas,’ claims to be an avid gambler, activist, and philanthropist, self-anointed to cleanse the gaming floors of high-stakes gamblers he deems a threat.

Sibella departed Resorts World in September, cited for violating company policies and the terms of his employment agreement, according to the company. The motion to dismiss asserts that Cipriani’s claims lack substance and are driven by personal vendettas rather than factual evidence.

Resorts World Las Vegas is one of the most popular properties on the iconic Las Vegas Strip. Just last week the resort witnessed a surprising appearance of British royals Prince Harry and Meghan Markle during Katy Perry‘s concluding performance of the Play concert residency at the Resorts World Theatre

Cipriani Accuses Resorts World of Negligence and Conspiracy

Cipriani, seeking unspecified compensatory and punitive damages, accuses Resorts World and Sibella of negligence, civil conspiracy, and intentional infliction of emotional distress. He claims to have been a patron of the 3,500-room Strip resort since its grand opening in June 2021.

Tamara Peterson, attorney for Resorts World, contends that Cipriani exhibits a pattern of inappropriate and unlawful behavior in casinos across the United States, often resulting in his barring from numerous properties. Peterson dismisses Cipriani’s allegations as frivolous and predatory litigation.

In response, Cipriani’s California-based attorney, Marshall Cole, deems the motions to dismiss mere distractions. Cole argues that Resorts World and Sibella are attempting to divert attention from the core issues of the case by launching character attacks on Cipriani. He emphasizes that such attacks have no bearing on the merits of Cipriani’s claims and only underscore the defendants’ refusal to take responsibility for their actions.

Cole anticipates responding to the dismissal motions, and the court is expected to rule on these motions within a month. Notably, in February, the Nevada Gaming Control Board concluded a year-long investigation into allegations against Sibella, determining them to be unfounded. 

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Asia Leads Online High-Stakes Market According to SOFTSWISS https://kenowizard.com/2023/10/14/asia-leads-online-high-stakes-market-according-to-softswiss/ https://kenowizard.com/2023/10/14/asia-leads-online-high-stakes-market-according-to-softswiss/#respond Sat, 14 Oct 2023 19:09:13 +0000 https://kenowizard.com/2023/10/14/asia-leads-online-high-stakes-market-according-to-softswiss/ According to data from premium iGaming technology provider, SOFTSWISS, alongside information resulting from its Casino Platform data analysis, the Asian continent is currently in the lead in terms of VIP gambling.  At the same time, Europe continues to be the highest-ranking continent when it comes to financial performance and the generation of revenue.  Let’s take [...]

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According to data from premium iGaming technology provider, SOFTSWISS, alongside information resulting from its Casino Platform data analysis, the Asian continent is currently in the lead in terms of VIP gambling

At the same time, Europe continues to be the highest-ranking continent when it comes to financial performance and the generation of revenue

Let’s take a closer look at the contemporary player profiles created by SOFTSWISS’ experts across Asia, Europe, and the Lat-Am area as disclosed by data from the Casino Platform’s client projects covering the period between September 2022 and August 2023

Asia Has the Highest Average Bet Size and Most Mobile Players

The advent of technology and ongoing progress in Asia has helped the continent reach the largest average bet size of the three regions. Data from the Casino Platform shows the average bet size in Asia is 2.5 times higher than European bets and four times higher than LatAm’s numbers.

Asia also boasts the highest number of mobile bettors, with no less than 71.6% of players preferring this method. Only 6.2% of women engage in gambling on the continent. Slots rule the market and account for more than 80% of all games. 

LatAm Players Wager the Lowest Bets

While the LatAm gambling market is currently emerging as a promising iGaming hub, when compared to Europe and Asia, players here continue to place the lowest bets of all three regions covered by the survey.

Mobile gambling is favored by a little over 69% of active players, a figure that slightly goes over the equivalent figure on the European continent. Female players stand for 17.4% of all active players. 

According to SOFTSWISS Casino Platform’s head, Darya Avtukhovich, LatAm bettors also show an “unwavering love for sports betting”, with special emphasis on soccer. In terms of classic games, they prefer slots and roulette. The latter stands for 21.8% of all types of games preferred by LatAm players, a figure that is two to four times higher than the ones recorded in Asia and Europe.

Europe Has 18 Times More Active Players Than Asia 

The Old Continent is home to eight times more active players when compared to Latin America while also boasting 18 times more active players than Asia.

More than 68% of Europe’s active players prefer the mobile betting option. The average bet size is almost twice as high as that in LatAm. The continent is in the lead in terms of female players with 18.11%, explained by the high level of engagement of women in the economy across the continent. 

Slots are, again, on top of Europeans’ preferences, followed by card games and roulette. 

At the end of last month, SOFTSWISS Sportsbook announced an expansion of its client network via a new Milestone partnership. Earlier this year, in July, the company presented a report explaining the benefits of introducing artificial intelligence tools in the iGaming sector.

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