Bodog Founder to Build $100 Million Cryptocurrency Resort in Antigua

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Gambling tycoon and founder of the Bodog and Bovada betting websites, Calvin Ayre, is planning to build a $100 million resort in the sunny island of Antigua that will be funded by cryptocurrency profits. Ayre, who was once a fugitive from the US attorney for Maryland, is planning to build the gambling resort on the Valley Church beach on the island by using cryptocurrency profits.

Bitcoin Cash Resort to Boost Tourism

Ayre, who earned the title of “His Excellency” by becoming an Economic Envoy for Antigua and Barbuda brought to advise the government on cryptocurrency developments, has made a considerable fortune from investing in digital currencies. During recent months, he became a prominent supporter of Bitcoin Cash, which will reportedly be the only cryptocurrency accepted at his proposed casino resort, both in online bookings as well as POT (point-of-sale) terminals.

According to the Guardian, the property is to be a five-star resort and a first of a number of “Ayre Resorts” across the globe. It will feature its own spas, restaurants, bars, as well as a casino branded by Ayre’s Bodog company. According to Ayre, the resort won’t be an “all-inclusive destination” but will instead be a place for residents of Antigua and Barbuda and their visitors.  The idea, as explained by the gambling tycoon, is to “attract a totally new market segment of tourism” which he says will be “successful wellness seekers who also want to have fun”.

The PM of Antigua and Barbuda, Gaston Browne, has also commented on the proposed project and said that the government expects “the resort’s novel and exciting concept” to enlarge the island’s tourism offer and attract a new category of visitors to the destination.

The construction of the first Ayre Resort will reportedly start by the end of summer 2018 and is planned to end in 2021 when the property will be opened. From what can be seen on the website of the Ayre Group – Ayre’s online portal for all his business ventures – a strong emphasis will be given to the resort’s wellness center and its “optimal-aging” treatments, apart from the casino.

Strong BCH Supporter and Former Suspect

Ever since its launch, Bitcoin Cash has had a group of high-profile supporters who market and back the offshoot cryptocurrency with various business endeavors. Once a fervid supporter of Bitcoin, Calvin Ayre has also switched to promoting the new cryptocurrency both with his business ventures as well as with his influential gambling portal and other websites belonging to the Calvin Ayre Media Group.  The Ayre Group also operates one of the “world’s largest Bitcoin BCH mining business”, and vows to never mine a different chain.

Ayre, who allegedly was raised on a pig farm and once sold fruits of the back of a lorry to make a living, spent years running from the US authorities.  He made his fame and fortune by launching the Bodog website, which allowed US bettors to gamble offshore despite local restrictions. He was indicted on charges of money laundering and illegal gambling for his operation of the website in 2012 but the charges were eventually dropped last year.

During Ayre’s run, the Bodog domain was initially lost and then restored, changed ownership, and eventually expanded and sub-licensed to other localized domains. A US version of the platform called was also launched and is still currently active and taking Bitcoin as a payment method. If you’re a US player looking for Bitcoin sportsbetting, Poker, and casino games, feel free to check Bovada out.

February 21, 2018: • No Comments

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