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+17 +1
Nuns steal $500,000 from Catholic school, go gambling
Two nuns at a Catholic school in California are accused of stealing $500,000 in school funds and using the money on vacations and gambling. Bank records show Sister Mary Margaret Kreuper and Sister Lana Lang of St. James Catholic School in Torrence had been embezzling from the school for at least 10 years, the Press-Telegram reports.
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+15 +1
FanDuel won't make big payout due to line error
New Jersey bookmaker FanDuel declined to honor a $110 bet on the Broncos on Sunday that would have paid more than $82,000, due to an error in the oddsmaking process, the company said.
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Loot boxes are 'psychologically akin to gambling', according to Australian study
Loot boxes in games could lead to problem gambling, according to a study by the Australian Environment and Communications Reference Committee. Over 7,400 game enthusiasts were surveyed for the study, the results of which were presented during a public hearing in Canberra yesterday, as part of the Australian senate inquiry into micro-transactions and chance-based items.
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Man wins lottery 14 times with clever and legal formula - this is how he did it
We've all imagined what we would do with all of that money if we won the lottery . Whether you'd buy a house or go on holiday, unfortunately winning that life-changing sum depends on dumb luck for the vast majority of us.
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How American gambler won US$1 billion on Hong Kong horses
In the 1980s and 90s, computer nerd Bill Benter did the impossible: he wrote an algorithm that beat the unpredictability of the racetrack, winning big in the process. By Kit Chellel. (June 17, 2018)
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When Sports Betting Is Legal, the Value of Game Data Soars
Should the gambling industry be required to use league-approved “official data”? Britain’s data collection experience provides a preview of the battles to come in the United States.
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OVO Casino im Überblick
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June 20th and the Netherlands are serious
Back in April, the Netherlands sent out fair warning to certain game models. They stated clearly, if you sell loot boxes to video game players, then allow an aftermarket for players to trade and sell the contents of those loot boxes for real-world money, then you are in violation of our gambling laws. Gambling is legal in the Netherlands with a permit, but video games do not have a permit type they can obtain. The Netherlands have made this clear also, and that until they create a permit for gambling in video games, they will be fined and prosecuted.
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Was wissen Sie über Giropay Casino?
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+9 +1
Op-ed: Game companies need to cut the crap—loot boxes are obviously gambling
Much as game companies try to deny it, the truth is plain to see.
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+23 +1
Supreme Court allows sports betting across the country
The court struck down a federal law that required states to ban gambling on the outcome of sporting events.
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+33 +1
The Gambler Who Cracked the Horse-Racing Code
Bill Benter did the impossible: He wrote an algorithm that couldn’t lose at the track. Close to a billion dollars later, he tells his story for the first time.
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+5 +1
Woman turns $18 bet on Kentucky Derby into $1.2 million win
Justify, the race favorite, won under sloppy track conditions at Churchill Downs. Good Magic was second and Audible third, according to the Kentucky Derby. The woman’s winnings are nearly the same as the unbeaten colt, who brought in $1.24 million with his win, according to KSAT.
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+28 +1
Revealed: how bookies use AI to keep gamblers hooked
Artificial intelligence is being used to predict behaviour in ‘frightening new ways’ despite condemnation from MPs and campaigners
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+28 +1
Belgium finds loot box systems to violate gambling laws
Belgium has declared the loot box systems in FIFA 18, Overwatch, and Counter-Strike: Global Offensive illegal under Belgium gambling laws. Belgium’s Prime Minister of Justice Koen Greens stated that the offending content must be removed from the games.
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+10 +1
Loot boxes should face gambling regulation
Playing a game of football isn’t gambling. However, playing a game of football where the winning team gets hard cash and the losing team pays out is gambling. Equally, playing a standard game of poker is gambling, but playing a game of poker for no money — yes, some people do that — is not gambling.
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Hawaii introduces bills targeting loot boxes setting age requirement and odds
Hawaii is leading the way in addressing the problem of loot boxes thanks to Chris Lee and multiple bills have been proposed. The bills tackle the problem on multiple fronts. First of all, they propose prohibiting the sale of a game to anyone under the age of 21 where there are randomised loot boxes that require payment. All games with loot boxes would also have to be labeled to show they included microtransactions and the odds of the rewards would also have to be disclosed.
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The Times, They Are A-Changin': Casinos and Technology | Greektown Casino
It’s an old cliche now, but it’s true – these days, technology has impacted our lives in nearly endless ways. Communication is easier, shopping has become more streamlined (and yet more varied) than ever before, and there’s a seemingly endless supply of dog pictures to look at. Casinos have been affected by these changes just …
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Biggest Casino States in the U.S. [INFOGRAPHIC]
When you think about popular areas for casinos, a few places probably come to mind: Las Vegas, Reno, hopefully our little corner of Greektown… You might be surprised to learn, however, exactly how widespread casinos really are and how many of them are out there, vying for your time and attention (and money!) throughout the …
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Did Casinos Bring The Buffet To America? | Greektown Casino
We’ve all eaten at a buffet at least a few times in our life, right? They’re still a pretty common sight all over America; lines of people waiting to load their plates up with twelve different kinds of food strictly based on whatever they’re in the mood for right in that second (and enough stuff …
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