Sold It

What is Sold It?

During a previous Sphere earnings call, Sphere chair Jim Dolan teased a “broomstick ride with a witch.”

That line got repeated as part of “Wizard 2.0,” with most media outlets assuming it was to be among the production’s new effects.

Our suspicion is that Dolan was referring to an immersive video simulator—likely intended for the lobby before the movie begins.

How to play Sold It

“One fact of financial life should never be forgotten. Wall Street–to use the term in its figurative sense–would like its customers to make money, but what truly causes its denizens’ juices to flow is feverish activity. At such times, whatever foolishness can be marketed will be vigorously marketed–not by everyone but always by someone,” Buffett warned.

Buffett was not always entirely anti-gambling. Before commercial sports betting expanded across the United States, he regularly offered $1 million annually to any Berkshire Hathaway employee who submitted a perfect NCAA March Madness men’s basketball bracket.

To date, no individual has ever recorded a verified perfect NCAA tournament bracket.

What is Sold It?

Up to 1,124 occurrences of virtual currencies being used were discovered by Spectrum, which added up to 11.5% of the sessions included in the spreadsheet provided by Evolution.

“Spectrum notes that Evolution relies upon its clients to develop and implement these additional AML and KYC procedures. Further, Evolution does not review the operator’s compliance with this requirement of enhanced due diligence,” the report says of Evolution’s compliance processes for preventing the use of virtual currencies.

The full Spectrum Gaming Capital report can be accessed here.