-
+16 +1
A Friendly Reminder That the Lottery is a Regressive Tax
Nobody won last night’s Powerball drawing, sending the jackpot soaring to $750 million for the next drawing on Wednesday. That makes this a good time to remind ourselves that the lottery is a regressive tax disproportionately paid by the poorest Americans. The average adult in the U.S. spends $325 a year on lottery tickets, 63% of which goes to prizes, the rest of which goes to state and local governments.
-
+14 +1
From casinos to cannabis: the Native Americans embracing the pot revolution
In February 2015, amid the cedar masks, canoe paddles and totem poles at the Tulalip Resort Casino north of Seattle, the talk was all about pot. Indian country had been abuzz about cannabis since the previous autumn, when the Justice Department had released a memorandum which seemed to open the way for tribal cannabis as a manifestation of tribal sovereignty. (I grew up Ojibwe on a reservation in Minnesota, and I use the word “Indian” to refer to indigenous people within the US.
-
+23 +1
How former ref Tim Donaghy conspired to fix NBA games
In 2007, NBA ref Tim Donaghy pleaded guilty to betting on games he officiated. But it was never proved that he fixed them -- until now. Our two-year investigation reveals how he did it, whom he did it with and the millions that flowed from the conspiracy.
-
+25 +1
Time Is Running Out for a Beloved Mechanical Horse-Race Game in Vegas
There's only one Sigma Derby machine left.
-
+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.
-
+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.
-
+14 +1
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.
-
+2 +1
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.
-
+17 +1
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)
-
+21 +1
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.
-
Analysis+1 +1
OVO Casino im Überblick
-
+11 +1
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.
-
Image+1 +1
Was wissen Sie über Giropay Casino?
-
+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.
-
+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.
-
+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.
-
+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.
-
+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
-
+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.
-
+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.
Submit a link
Start a discussion