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In our first story, San Jose Police Department has broken up an illegal gambling ring in the industrial area of the city. In the process, officers also discovered a marijuana grow operation.
After receiving an anonymous tip, the police investigated and took down an underground casino operating out of a storage building. according to the authorities, the location was a hub for all sorts of illegal activities. These included including drug dealing, illegal gambling, and buying and selling of stolen property. During the raid on the casino, the police accidentally discovered that one of the businesses in the same building was used as a site for indoor marijuana growing. Two San Jose men are suspected to be the leaders of the operation and are awaiting trial.
Next up, sports betting is officially up and going in the Sunshine State. The Florida Seminole Tribe has launched online sports betting app that is now available to all bettors statewide. The Hard Rock Sportsbook app went a week ago.
The launch went through rather quietly and without much fanfare. The possible reason for this is that it comes out amid legal challenges to the agreement between the state and the Seminole Tribe. The compact, approved in May, allows gamblers to place their bets from anywhere in the state. However, a couple of state casino owners are challenging the agreement, stating that it will have a devastating effect on their businesses. Hearings on these lawsuits are scheduled for this month, and we'll see if they have any effect on this historic deal.
In our next story, recently opened Resorts World Las Vegas adds another big name to its list of resident artists for next year. According to reports, prominent hitmaker, Michael Buble, will entertain the guest of this casino and resort throughout 2022.
Buble joins the roster of hugely popular entertainers who already have a deal with the establishment. The list of singers with a residency at the Resorts World includes Luke Bryan, Kate Perry, and Carrie Underwood, as well as the magician David Blaine. Celine Dion was also supposed to be a part of the residents' lineup but had to cancel due to medical reasons.
The $4.3 billion Resorts World opened in June this year as the most expensive casino ever built in Vegas.
In our last story this week, the studio behind the NFT-based game Blankos Block Party secures a huge $1.25 evaluation from a16z. The private venture company has been investing in crypto platforms for quite some time, but this is the first time they back the project while in the "early access" stage. The developers, Mythical Games, have raised a $150 million Series C from the firm only a couple of months after finishing a colossal $75 million Series B.
Blankos Block Party stands out among similar projects as it focuses on exciting and unique gameplay, rather than being solely based on crypto-economics. The game already has tens of thousands of active users, with almost a million of minted NFTs of user avatars or accessories.
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