BetKing Set to Relaunch  The popular online Bitcoin casino, BetKing will soon be back in business, with a new upgraded platform.

Online Cryptocurrency Casino BetKing Set to Relaunch the Platform Following the ICO, Starting August 7, 2017

Bitcoin Press Release: BetKing to revive the Bitcoin casino platform, announces ICO on August 7, 2017.

   BetKing Set to Relaunch  The popular online Bitcoin casino, BetKing will soon be back in business, with a new upgraded platform.

BUZ INVESTORS   BetKing Set to Relaunch  The popular online Bitcoin casino, BetKing will soon be back in business, with a new upgraded platform. The platform’s relaunch will follow an ICO campaign which will begin on August 7, 2017, and go on until September 4, 2017. The BetKing ICO will offer investors and patrons an opportunity to support the relaunch by purchasing BetKing Bankroll Tokens.

The new avatar of BetKing will integrate lots of new features including new casino titles and support for additional cryptocurrencies. Launched initially in April 2013, the previous version of BetKing had a successful three-year stint to become one of the most popular online casinos. However, not satisfied with the present offering, the platform issued profit payouts to all its members and suspended operations in December 2016 with an intention to relaunch the next year.

The soon to be launched updated version of BetKing will offer new, provably fair casino games like Blackjack and Roulette while supporting Ethereum and Litecoin. The new platform will also allow casino websites and app owners to integrate BitKing with their platform. Under the new model, BetKing will look after user accounts and bets, while casino and app owners concentrate on developing their own unique games and promos without worrying about bankroll funding or security issues.




BetKing Set to Relaunch

 

Following the launch, the casino will include sports betting, poker, other casino games and tournaments. The company will unveil its feature-rich beta platform next month, to give users a feel of what to expect from the upgraded BetKing. It will also provide full mobile app support for iOS and Android devices.

Why Join the ICO?

During its three years of operation, BetKing made a profit of almost 7400 BTCs from a single game (Dice game, which wasn’t added until 2014) with virtually zero marketing. With plenty of games, support for multiple cryptocurrencies and a strong community following, the platform is more than capable of recreating the magic, on a much bigger scale.

The casino platform is offering a total of 100,000,000 BetKing Bankroll Tokens, of which 70 million will be made available for purchase by participants, and the rest retained by the platform for bounty payouts, operational and marketing expenses and other team-related costs. Investors can buy the tokens with Bitcoin, Ethereum, Litecoin, and Dash. The received funds during the ICO will be held in cold storage.

The casino will be utilizing at least 50% of the funds raised during the ICO for the house bankroll that players bet against and from which the winnings are paid for. The remaining funds will be used for marketing, promos, SEO, design, development, server costs and legal.

Profit Distribution

The casino will utilize a percentage of profits made by bankrolled games to repurchase the tokens from holders. All profits made on bankrolled games (where a player plays against the house) will be audited and made available to token holders as it was done in the past with crowdfunded bankroll profits.

BetKing has early bird discounts in place to incentivize investor participation. Those investing during the first week stand to receive a 15% discount, 10% during the second week, and 5% during the third week. An extra 5% discount will be available for previous BetKing bankroll providers regardless of what week they buy.

Token Price

The total funds raised during the ICO will determine the price per BetKing Bankroll token. The platform will consider the total funds at the rate of exchange during the time of ICO’s conclusion. E.g. If the company raised $1,000,000 then the price per token would be $0.014 (1,000,000/70,000,000).

The buy-back price offered by the casino will be based on the current total profit. Eg. If the price of the token at the end of the crowdsale was $0.014 and the bankroll profit was $1,000,000 then the buyback price would be $0.024 (1,000,000/100,000,000 + 0.014).

Every quarter the casino will offer to buy back up to 10% of a holder’s tokens at the prevailing buyback price. Token holders may choose to sell the tokens to third parties or any exchanges that might list BetKing Bankroll Tokens if they require more liquidity.

ICO Terms

The crowdsale will start on August 7, 2017 (00:00 UTC) and end on September 4, 2017 (00:00 UTC). There is no cap on either the total or the minimum amount of funds that need to be raised for the crowdsale to be successful. BetKing Bankroll Tokens are intended to be used to invest in the BetKing’s bankroll only, and it will not imply a share in the company or offer any voting rights.

Learn more about BetKing here – http://betking.io/

|Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

Market Quotes by TradingView

Like up on FACEBOOK


logo




Canada GDP MoM was reported at 0.2% in August

Canada GDP MoM was reported at 0.2% in August

Canada GDP MoM was reported at 0.2% in August

  • Buz Investors Canada GDP MoM  The Canadian economy expanded 0.2 percent in August from July 2016, following a downwardly revised 0.4 percent growth in the previous period and in line with market expectations.
  • The growth was mainly driven by mining, quarrying and oil and gas extraction (+1.4 percent), as production returned to normal levels following maintenance shutdowns in April and the Fort McMurray wildfire and evacuation in May. Also, increases were observed in utilities (+2.4 percent); manufacturing (+0.3 percent)
  • construction (+0.5 percent, the first growth in five months); transportation and warehousing (+0.4 percent); wholesales (+0.5 percent) and accommodation and food services (+0.4 percent). Meanwhile, retail sales and finance and insurance sector were down 0.2 percent.

Canada GDP MoM  

Canada GDP MoM

Canada GDP MoM  year-on-year, the GDP advanced 1.3 percent. Leading Economic Index in Canada averaged 0.20 percent from 1997 until 2016, reaching an all time high of 1.22 percent in September of 2003 and a record low of -1.38 percent in December of 2008.
K Capital Stock Alerts Logo

Other Stories Buz Traders Follow

Canada GDP MoM

In Canada, Leading Economic Index refers to a month on month GDP growth. GDP Growth MoM measures the change in the value of the goods and services produced by the country economy compared to the corresponding month in the previous year. This page provides the latest reported value for – Canada GDP MoM – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada GDP MoM – actual data, historical chart and calendar of releases – was last updated on November of 2016.

Malaysia Producer Prices Change decreased in August

Malaysia Producer Prices Change decreased in August

Malaysia Producer Prices Change decreased in August

  • Buz Investors Malaysia Producer Prices Change decreased Producer Prices in Malaysia decreased 0.1 percent year-on-year in August of 2016 as cost of mining and manufacturing dropped 6.7 percent and 1.6 percent respectively.
  • In contrast, prices rose for: agriculture, forestry and fishing (+ 23.3 percent), water supply (1.9 percent) and electricity & gas (+1.3 percent).
  • On a monthly basis, producer prices grew by 1.2 percent, compared to a 0.9 percent fall in July. Producer Prices Change in Malaysia averaged 2.89 percent from 2002 until 2016,

Malaysia Producer Prices Change decreased

Malaysia Producer Prices Change decreased in August

Malaysia Producer Prices Change decreased reaching an all time high of 22.50 percent in June of 2008 and a record low of -18.20 percent in July of 2009.

This page provides – Malaysia Producer Prices Change- actual values, historical data, forecast, chart,




Other Stories Buz Traders Share

Malaysia Producer Prices Change decreased

statistics, economic calendar and news. Malaysia Producer Prices Change – actual data, historical chart and calendar of releases – was last updated on October of 2016.

Year-on-year comparison showed that the PPI for local production fell 0.1 per cent in August 2016. The highest drop was
recorded by Mining index (-6.7%), followed by Manufacturing (-1.6%). Meanwhile, the index for Agriculture, forestry &
fishing, Water supply and Electricity & gas showed an increase of 23.3 per cent, 1.9 per cent and 1.3 per cent respectively. [Table
I]
The PPI for local production inclined by 1.2 per cent in August 2016 as compared to July 2016. This was due to increases in all
sectors namely, Mining (+7.8%), Agriculture, forestry & fishing (+5.8%), Electricity & gas (+0.4%), Water supply (+0.4%) and
Manufacturing (+0.3%).

The PPI for local production by stage of processing (SOP) inclined by 1.2 per cent in August 2016 compared to the previous
month. This inclination was due to an increase in Crude materials for further processing (+3.0%), Intermediate materials, supplies
and components (+1.3%) and Finished goods (+0.2%). [Table II]
As compared with the same month a year ago, the PPI for local production by SOP for August 2016 dropped by 0.1 per cent. This
was due to decreases in index for Intermediate materials, supplies and components (-3.2%). However, index for Crude materials
for further processing and Finished goods increased by 9.7 per cent and 0.2 per cent respectively

 

Saudi Arabia Money Supply M3 decreased in August

Saudi Arabia Money Supply M3 decreased in August

Saudi Arabia Money Supply M3 decreased in August

  • Money Supply M3 in Saudi Arabia decreased to 1752329 SAR Million in August from 1753382 SAR Million in July of 2016.
  • Money Supply M3 in Saudi Arabia averaged 811477.41 SAR Million from 1997 until 2016, reaching an all time high of 1828169 SAR Million in September of 2015 and a record low of 260058 SAR Million in February of 1997.
  • Saudi Arabia Money Supply M3 includes M2 plus long-term time deposits in banks. This page provides – Saudi Arabia Money Supply M3 –

Saudi Arabia Money Supply M3

Saudi Arabia Money Supply M3 decreased in August

Money Supply M3 Prices continued to remain subdued through August due to concerns over rising levels of US and global petroleum products inventories coupled with a rebound in US oil rig counts.

Further BOE accommodation may be necessary in order to avoid a slowdown, especially that an exit will require two years after Article 50 is triggered by Theresa May’s government.

Other Stories Buz Traders Share

Money Supply M3

Monetary policies have aided global commodities as continued Fed accommodation alongside the UK, Europe and Japan led to lower exchange rates against commodity currencies. The declining trend of the USD this year led dollar-denominated assets, including commodities, to appreciate.

As a proxy for consumer demand, the volume of point-of-sale transactions is in a clear deceleration as it upturned by 2.7% Y/Y, contrasting with last year’s average of 13.5%.

The much anticipated entry of Qualified Financial Investors has largely been burdened by the economic slowdown and stringent regulations for entry into the domestic market

Japanese leading economic index advanced in August

Japanese leading economic index advanced in August

Japanese leading economic index advanced in August

  • Buz Investors Watch This economic index advanced In Japan, the final leading economic index recorded a rise to 100.90 in August, compared to a reading of 100.00 in the previous month. The preliminary figures had recorded an advance to 101.20.
  • Leading Economic Index in Japan averaged 97.47 Index Points from 1985 until 2016,
  • Leading Economic Index in Japan averaged 97.47 Index Points from 1985 until 2016, reaching an all time high of 113.80 Index Points in April of 2006 and a record low of 75.10 Index Points in February of 2009.

Leading Economic Index in Japan

Japanese leading economic index advanced in August

economic index advanced In Japan, the Leading Composite Index consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. The index anticipates changes in the direction of the Japanese economy in the coming months. Reading above 50 is seen as positive and below 50 is seen as negative. This page provides –

 Other Stories Buz Traders Watch

economic index advanced


Japan Leading Composite Index – actual values, historical data, forecast, chart, statistics, economic calendar and news. Japan Leading Economic Index – actual data, historical chart and calendar of releases – was last updated on October of 2016.

Coincident Index correlates with the business cycle, and is used to identify the current state of the economy. In general, increasing coincident index shows that the economy is in an expansion phase, and decreasing coincident index reflects that the economy is in a contraction phase. The index is calculated using month-over-month percentage changes in 11 leading indicators, 11 coincident indicators, and 6 lagging indicators. This page provides the latest reported value for - Japan Coincident Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Coincident Index - actual data, historical chart and calendar of releases - was last updated on October of 2016.

Japanese coincident index eased in August

Japanese coincident index eased in August

  • Buz Investors Japanese coincident index In August, the final coincident index in Japan fell to a level of 112.00. The coincident index had registered a level of 112.10 in the previous month. The preliminary figures had also recorded a drop to 112.00.
  • Coincident Index in Japan decreased to 112 in August from 112.10 in July of 2016. Coincident Index in Japan averaged 106.23 from 1985 until 2016
  • reaching an all time high of 123 in October of 1990 and a record low of 78.50 in March of 2009. Coincident Index in Japan is reported by the Cabinet Office, Japan.

Japanese coincident index

Japanese coincident index

Japanese coincident index  Coincident Index correlates with the business cycle, and is used to identify the current state of the economy. In general, increasing coincident index shows that the economy is in an expansion phase, and decreasing coincident index reflects that the economy is in a contraction phase.

 

Other Stories Bux Traders SHare


The index is calculated using month-over-month percentage changes in 11 leading indicators, 11 coincident indicators, and 6 lagging indicators. This page provides the latest reported value for – Japan Coincident Index – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Coincident Index – actual data, historical chart and calendar of releases – was last updated on October of 2016.

Eurozone construction output declined in August

Eurozone construction output declined in August

Eurozone construction output declined in August

  • Buz Investors watching  Eurozone construction output decline In the Eurozone, the seasonally adjusted construction output slid 0.90% in August on a monthly basis. Construction output had advanced by a revised 1.50% in the prior month.
  • Meanwhile, in the European Union, construction production fell 0.5 percent with the largest decreases observed in Poland (-21.8 percent), Slovenia (-14.5 percent) and Bulgaria (-10.2 percent), while increases were recorded in the Netherlands (+13.6 percent), Sweden (+12 percent), Italy (+4.2 percent) and France (+2 percent).
  • Construction Output in the Euro Area averaged -0.75 percent from 1996 until 2016, reaching an all time high of 18.30 percent in February of 2000 and a record low of -22.10 percent in February of 1996.

Eurozone construction output decline

Eurozone construction output decline

The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering. This page provides the latest reported value for – Euro Area Construction Output – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Construction Output – actual data, historical chart and calendar of releases – was last updated on October of 2016.

Other Stories Buz Traders  share 

  • Oil prices rose on Tuesday

  •  UK consumer price index rose more than expected in September

  •  UK retail price index advanced as expected in September

    Eurozone construction output decline

 

Euro Area Housing Last Previous Highest Lowest Unit
Construction Output 0.90 4.10 18.30 -22.10 percent [+]
Housing Index 101.49 100.11 102.74 88.53 Index Points [+]
Construction Pmi 49.10 48.60 51.30 43.00 [+]
Home Ownership Rate 66.70 66.60 71.50 63.60 percent [+]

 

 

Japanese industry activity index rose as anticipated in August

Japanese industry activity index rose as anticipated in August

Japanese industry activity index rose as anticipated in August

  • Buz Investors  industry activity index rose  On a monthly basis, the all industry activity index advanced 0.20% in August, in Japan, at par with market expectations. The all industry activity index had registered a revised similar rise in the prior month.
  • The all industry activity index grew 0.2 percent on a monthly basis in August, the same rate as registered in July and matched economists’ expectations.
  • Industrial production rose 1.3 percent, in contrast to a 0.4 percent drop in July. At the same time, tertiary industry activity remained flat in August.

industry activity index rose 

Japanese industry activity index rose as anticipated in August

industry activity index rose  Japan’s all industry activity expanded for the third straight month in August, the Ministry of Economy, Trade and Industry showed Wednesday.

The all industry activity index grew 0.2 percent on a monthly basis in August, the same rate as registered in July and matched economists’ expectations.

 

Other Stories Buz Traders follow

Industrial production rose 1.3 percent, in contrast to a 0.4 percent drop in July. At the same time, tertiary industry activity remained flat in August.

On the other hand, construction activity contracted 0.8 percent, reversing a 1.3 percent rise in July.

Year-on-year, all industry activity grew 1.7 percent after posting a 0.8 percent drop a month ago.