PokerStars started 2018 in an amazing way and situations merely got better for the online poker giant. The brand has not only become the chief ‘Official Poker Partner‘ of the Ultimate Fighting Championship (UFC), but also the organization has newly released excellent news from the Kentucky court. The news is that they have modified a prior judgment on The Stars Group which was responsible for paying $870 Million to the federal state.
However, while PokerStars may be enjoying their success, the tourism and bar business in Nepal is like to observe a definite drop in profits as the administration forbade the practice of Indian currency notes in the nation.
PokerStars Becomes UFC’s 1st ‘Official Poker Partner’
Considering 2013, Ultimate Fighting Championship (UFC) fans must have been set for a memorable rematch within Jon ‘Bones’ Jones and Alexander ‘The Mauler’ Gustafsson. The interim phase finally ends on December 29 in the city of Las Vegas, where Jones and Gustafsson will challenge each other all over again in the octagon of UFC Light Heavyweight Championship.
The news does not end here, UFC further declared that the online poker name PokerStars will enter their roster of global associates and in fact, they will be UFC’s very first official poker partner. PokerStars will continue to advertise its tie-up with the UFC inside the Octagon ring. It is visible at the stadium at the end of the year simply before UFC’s ultimate Pay-Per-View event of 2018. The match is between UFC 232: JONES vs. GUSTAFSSON 2.
Nepal Bans Use of High Denomination Indian Currency Notes
The state of Nepal has lately settled to have a complete ban on using the Indian currency above Rs100. The rates that come under the purview are Rs 2,000, Rs 500 and Rs 200 value currency notes. This statement and practice will severely hit the revenues of the casinos and bars directly along with their tourism and traveling industry the neighbor nation.
Nepal Rastra Bank (NRB) spokesperson Narayan Prasad Paudel said that this is not a new conclusion. A well-known tourism manager and entrepreneur called Basanta Raj Mishra mentions that the decision of note ban will be a big blow especially for cash-driven enterprises like tourism. The powerful consequence of the judgment will be faced by the casino industry, resorts and establishments, and eateries.