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According to The Information: OpenAI expects to generate nearly $10 billion in revenue through ChatGPT this year.1. US officials: Trump is increasingly losing confidence in ending the Russia-Ukraine conflict. 2. The Russian Ministry of Defense destroyed or intercepted 92 Ukrainian drones overnight. 3. The commander of the Ukrainian drone force claimed to have attacked the Russian Ryazan oil refinery. 4. The Russian Ministry of Defense: Russian forces have taken control of Markove in eastern Ukraine. 5. Trump said he would speak with Putin soon. Russia responded: Not yet prepared but can be arranged quickly. 6. The Kremlin: The next round of talks between Putin and Trump may take place in the near future. 7. According to the Associated Press: The US and EU will discuss new sanctions against Russia next Monday. 8. European countries are discussing sending troops to Ukraine. Putin: Foreign troops in Ukraine will become legitimate targets. 9. Kremlin spokesman Dmitry Peskov: There are channels of communication between Russian and US intelligence agencies. 10. Kremlin spokesman Dmitry Peskov: Ukraines security must not be provided by foreign military forces. 11. Deputy Chairman of the Russian Security Council Dmitry Medvedev: Russia poses no threat to Europe and does not intend to change any borders. 12. Kremlin Spokesperson Dmitry Peskov: A possible meeting between Putin and US President Trump has not yet been prepared, but could be arranged quickly. 13. Two senior US government officials stated that US President Trump has become increasingly pessimistic about the prospects of ending the Russia-Ukraine conflict or seeing a personal meeting between the Russian and Ukrainian leaders. 14. Russian President Vladimir Putin: We are ready for a summit with Ukraine. Please come to Russia, and we will provide security. The most suitable venue is Moscow. 15. The Kremlin: The level of the Russian negotiating delegation with Ukraine is already quite high. A lot of work needs to be done before a higher-level or top-level meeting between Russia and Ukraine can take place.The worlds largest silver ETF - iShares Silver Trusts holdings decreased by 36.72 tons from the previous day, and the current holdings are 15,193.85 tons.The worlds largest gold ETF, SPDR Gold Trust, maintained its holdings unchanged from the previous day, with current holdings at 981.97 tons.US President Trump: EU fines are almost equivalent to taxes.

U.S Virtual Casino Sands Vegas Ordered to Shut Down for NFT Sales

Skylar Shaw

Apr 15, 2022 10:34


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For NFT sales, two US states filed cease-and-desist orders against Sands Vegas Casino Club.


According to reports, Sands Vegas Casino Club sold NFTs to build a Metaverse casino.


NFT holders are eligible to get revenue shares from metaverse casinos.


NFTs and the Metaverse continue to pique people's interest. Mainstream players have embraced Web3 and are hard at work figuring out how to infuse brands into NFTs and the Metaverse in order to attract customers.


Over the years, online gaming has grown in popularity. The Metaverse and the growth of NFTs provide online gaming platforms with a new avenue to explore and elevate the gambling experience to a whole new level.

Texas and Alabama Issue Sands Vegas Cease-and-Desist Orders

US authorities from two states issued cease-and-desist orders against Sands Vegas Casino Club on Wednesday.


The online casino has sold NFTs to support its activities, according to the two states. The NFTs were an unlawful securities offering, according to Alabama and Texas state statutes.


The virtual casino provided "11,111 Gambler NFTs in conjunction with their building metaverse casinos in popular metaverses such as the Sandbox, Decentraland, Infinity Void, and NFT Worlds," according to a press statement from the Texas State Securities Board.


"Gamblers, operating via avatars, may access the metaverse casino and play poker and other games using cryptocurrency," the press announcement continues. These activities benefit purchasers of Gambler NFTs. They not only become proprietors of the metaverse casinos, but they also allegedly get half of the revenues."


A press statement was also issued by the Alabama Securities Commission on the cease-and-desist order.


Sand Vegas Casino purchased 27 plots in Sandbox (SAND) in January 2022, according to the Sand Vegas plan. Between March and August 2022, the virtual casino sought to satisfy all regulatory/legal standards.


The Sand Vegas Casino Club was up and functioning at the time of writing, with NFTs for sale on OpenSea.

Virtual Casino Growth Likely to Draw Greater Regulatory Scrutiny

Casinos are generating a lot of money in the Metaverse, and this trend is expected to increase as more traditional casinos make their way into the virtual reality.


Decentraland's (MANA) ICE Poker recorded $7.5 in revenue in three months, according to Casino.org.


Decentraland is said to have invested in Decentral Games, a decentralized autonomous organization (DAO) tasked with producing the Metaverse casino ICE Poker. In October of 2021, ICE Poker was introduced.

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