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Arizona Casino Cancels Poker Tournament In-Progress After Flooding, Power Outage

Home : Poker News : Arizona Casino Cancels Poker Tournament In-Progress After Flooding, Power Outage Arizona Casino Cancels Poker Tournament In-Progress After Flooding, Power Outage Talking Stick Resort Nixes $1,100 Buy-In Event by Brian Pempus  |  Published: Aug 14, 2018 |   The 2018 Arizona State Poker Championship has been canceled thanks to flooding and a subsequent power outage, the casino hosting the tournament said Monday. The Talking Stick Resort in Scottsdale is currently closed thanks to the Aug. 11 storm that knocked out the power. The casino plans to reopen this upcoming weekend, assuming the clean-up goes as planned. The 47-table poker room was forced to cancel the tournament after the first starting day thanks to the power outage. It previously hoped to delay the tournament.

For the original version including any supplementary images or video, visit https://www.cardplayer.com/poker-news/23133-arizona-casino-cancels-active-poker-tournament-after-flooding

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KamaGames will sell cryptocurrency tokens for social casino games

“We’ve decided to take this first step. If our players like discounts and offers, they may pay in cryptocurrency.” If the players log in every day, they could be rewarded with extra currency. The cryptocurrency itself may keep the players engaged with the social casino games, and that could improve both retention and monetization. “This is another instrument to retain players and make them more loyal to the game,” Kuznetsov said. There is some risk that the additional currency granted to players could cause inflation in the game. But the company collects a fee (in virtual currency), or rake, when players play the games. This helps drain currency from the player base and keeps the economy of the game stable. “In the worst case for us, if all players were token buyers, and they hold for 36 months, they redeem all bonuses, and they will get 11 times more chips than they can get day one,” Kuznetsov said. “That sounds like a huge inflation. But we believe that based on how players play, they will exchange tokens for chips regularly. We will be fine, and the economy of the game will be stable.

For the original version including any supplementary images or video, visit https://venturebeat.com/2018/08/13/kamagames-will-sell-cryptocurrency-tokens-for-social-casino-games/

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