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Amazon (AMZN.O) shares rose 1.2% in pre-market trading after reports surfaced that the company is in talks to invest approximately $10 billion in OpenAI.On December 17th, OpenAI, Google (GOOG.O), and Perplexity launched an unprecedented battle for AI users in India, all offering free services. This move is seen as an attempt to collect massive amounts of multilingual training data from the worlds most populous country. Early download data shows a surge in user adoption due to the free packages. According to data compiled by market intelligence firm Sensor Tower, as of last week, ChatGPTs daily active users in India increased by 607% year-on-year to 73 million, more than double the number in the United States. Geminis daily active users in India have grown by 15% since the launch of the Reliance Jio promotion in November, reaching 17 million last week, compared to 3 million in the United States. Furthermore, India now accounts for more than a third of Perplexitys global daily active users, compared to only 7% last year. Perplexity previously offered a year of free access to its Pro tool to users of Indian telecom company Airtel, which costs $200 annually globally.Kremlin: (Regarding reports that Russia might face additional sanctions if it does not agree to the Ukraine peace agreement) We have not seen the report.Kremlin: Once the U.S. is ready, they will inform Moscow of the progress of the talks with Ukraine.The Russian Ministry of Defense stated that, in addition, Russian forces also attacked transportation infrastructure used by the Ukrainian armed forces, long-range attack drone assembly workshops, and temporary assembly points for the Ukrainian armed forces and foreign mercenaries in 143 regions within a single day.

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.