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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: gambling

gambling stories: 79 news summaries

21 - 40 of 79 Stories | << Prev 1 2 3 4 Next >>

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(Newser) - Penny-pinching gamblers are flocking to casinos for a cheaper bet these days: penny slots. The machines enable them to play longer with the same amount of cash, and, thanks to modern paper payouts, no longer burden them with noisy bucket-loads of coins. Casinos don't mind the games, either. "... More »

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gambling • casino • Missouri • slot machines

(Newser) - Las Vegas card-counters beware, if you're using an iPhone, the Las Vegas Review-Journal reports. A California gaming authority has tipped off Nevada officials about an iPhone program that helps users count cards in blackjack. "The program calculates the true count and does it significantly more accurately," a Gaming... More »

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gambling • iPod • casino • iPhone applications

(Newser) - How does one lose almost $2 billion in a matter of months? Look no further than the story of Deutsche Bank’s Boaz Weinstein, the chess master and gambling extraordinaire who made more than $1.5 billion for the firm in just 2 years before losing it all and more,... More »

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gambling • bond trading • Deutsche Bank • chess • financial crisis • credit swaps • interest rates

super bowl

 Super Bowl 
 Inspires 
 Super Wacky 
 Wagers 

How much do you want to bet Bruce sings Born to Run?

Feb 1, 09 9:38 AM CST
(Newser) - Propositions, or "prop bets," can add some spice to a Super Bowl blowout even as they leave oddsmakers shaking their heads. "They're a pain in the ass," a Las Vegas bookmaker tells ESPN the Magazine. "But it keeps non-fans interested for the entire game.... More »

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NFL • Arizona Cardinals • gambling • Las Vegas • Super Bowl • football • betting • Pittsburgh Steelers • Bruce Springsteen • sports betting • Internet gambling • online betting • Super Bowl XLIII

Don't Want to Bet on the Super Bowl? Bet on Jennifer

Internet offers wagering on how long it'll take her to sing anthem, and other odd stuff

Jan 29, 09 12:13 PM CST
(Newser) - Want to gamble on the Super Bowl, but know nothing about football? No problem: You can place your bets for how long it will take Jennifer Hudson to sing the national anthem Sunday instead, TMZ reports. Sites like BetUS.com have all sorts of options that have little to do... More »

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Arizona Cardinals • gambling • Super Bowl • football • betting • Pittsburgh Steelers • Jennifer Hudson • sports betting • Internet gambling • online betting • John Madden • Super Bowl XLIII

glossies

China Test-Runs 'Immoral' Horse Betting 

Horse racing returns to mainland for first time since Communist victory

Jan 3, 09 11:02 AM CST
(Newser) - China is taking slow and cautious steps towards unlocking its huge betting market, the Economist reports. Gamblers at a Wuhan racecourse recently became the first people allowed to try their luck on the horses since the Communists outlawed gambling in 1949—although a winning pick only rewarded customers 20 lottery... More »

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China • gambling • horse racing • betting • Chinese economy • gamblers • Chinese Communist party

States See Lottery Sales Take Rare Dip

Recession crimps
this usually safe revenue stream

Dec 26, 08 8:17 AM CST
(Newser) - In good times and bad, state governments have relied on the lottery to bring in as much as $1 billion for education programs and other beneficiaries. But last quarter, sales of tickets fell by $215 million nationwide, only the second dip in 16 years. At a moment when states are... More »

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gambling • lottery • gamblers • state governments • budget shortfall

 Vegas Is US Suicide Capital 

Residents about 50% more likely to die by own hand; visiting increases risk for out-of-staters

Dec 11, 08 3:54 PM CST
(Newser) - Being in Las Vegas is quite a gamble: The risk of committing suicide for Sin City residents is twice as high as in the rest of the US, a recent study finds—with its 40 million annual visitors at even greater risk. But Harvard sociologists noted that those odds for... More »

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suicide • gambling • Las Vegas • medical study

Lines Keep Moving in Fight Over Online Gambling

Critics liken government stance to Prohibition

Dec 1, 08 2:19 PM CST
(Newser) - Can 20th-century laws designed to stop old-school bookies put the kibosh on the multi-billion online gambling industry? Anti-gambling crusaders say they can, and they’re doing their best to prove it. Federal prosecutors have used the 1961 Wire Act to shut down several huge operations, the Washington Post reports—but... More »

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gambling • Barney Frank • Internet gambling • Unlawful Internet Gambling Enforcement Act

MGM Mirage Chief Quits
Amid Fake MBA Flap

Lanni denies sudden resignation related to degree fib

Nov 14, 08 2:04 AM CST
(Newser) - The CEO of MGM Mirage has announced his resignation, but denied it had anything to do with lying about having an MBA, reports the Wall Street Journal. J. Terence Lanni, one of the most powerful figures in the gambling world, has long claimed to have an MBA from the University... More »

MORE ABOUT:
Kirk Kerkorian • gambling • Las Vegas • CEO • MGM Mirage • resignation • casino • University of Southern California • MBA

 In Slump, 
 Vegas Pushes Escapism 

Marketing gamble by casinos is coming back to haunt them

Nov 10, 08 11:27 AM CST
(Newser) - Las Vegas has enthusiastically promoted itself to travelers interested in pastimes other than gambling in recent years, but now that economic woes are tightening leisure budgets, Sin City is taking a hit, reports Advertising Age. With visitor volume and gaming revenue down, casinos are scrambling to respond. One has... More »

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advertising • gambling • Las Vegas • casino • economy • financial crisis

MGM Delays New Casinos
for Vegas, Atlantic City

After credit downgrade, firm reports 67% decline in quarterly net income

Oct 29, 08 3:03 PM CDT
(Newser) - MGM Mirage will suspend work on new casinos in Las Vegas and Atlantic City due to the dismal credit climate, the Wall Street Journal reports. The firm reported a 67% drop in third-quarter net income as the slumping economy quells consumers’ desire to gamble or spend at casino restaurants and... More »

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Atlantic City • gambling • Las Vegas • MGM Mirage • profits • casino • credit crisis • net income

 Bookies Call Game 5 for Phillies 

Under Vegas rules, the fat lady sung at the bottom of the fifth

Oct 29, 08 5:01 AM CDT
(Newser) - Game 5 of the World Series is stuck in a rain-soaked limbo in Philadelphia but it's all over in Vegas, the Las Vegas Review-Journal reports. Nevada gaming ‘house rules’ state that a canceled game reverts to the score of the last finished inning, making it a 2-1 victory for... More »

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Philadelphia Phillies • Bud Selig • gambling • Las Vegas • gamblers • bookies • Tampa Bay Rays • 2008 World Series

On Sports Exchange, 'Trade' Takes on New Meaning

Create a 'Sportfolio' and buy and sell shares in your favorite athletes

Oct 6, 08 3:24 PM CDT
(Newser) - Trading baseball cards with your friends is so 20th century. A new website allows sports fans to trade shares in athletes and even teams, effectively wagering real money on the performance of pro and college athletes, reports Reuters. "I see the marketplace being enormous," says an early investor... More »

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sports • stock market • gambling • fantasy sports • shares • college sports • professional athletes

Donaghy Was Sole Gambling Ref, NBA Finds

Convict's betting prompted league-wide integrity investigation

Oct 3, 08 10:25 AM CDT
(Newser) - No NBA referee other than Tim Donaghy, who’s currently serving time for gambling, has been up to anything illegal in the sport, a 14-month league probe has found. But the report’s author did have some suggestions for keeping the game clean, including a hotline for tips on suspicious... More »

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NBA • investigation • gambling • NBA referees • corruption • Tim Donaghy

 Casinos Staked Fortunes
 on Friendly Gambler Mac
 

Industry blossomed with help from legislation by life-time gamer

Sep 28, 08 7:10 AM CDT
(Newser) - Life-time gambler John McCain is behind more casino legislation than any other lawmaker, and has helped Indian gambling become a $26 billion industry, reports the New York Times. Though the Arizona senator has called lobbyists “birds of prey,” he has enjoyed close links to casino lobbyists. He once... More »

MORE ABOUT:
John McCain • Jack Abramoff • gambling • casino • lobbyist • Election 2008

 NBA Ref Starts 
 Prison Term 
 for Gambling 

Scandal fallout continues to batter league

Sep 23, 08 1:57 AM CDT
(Newser) - The NBA referee who admitted gambling on basketball begins his 15-month federal prison sentence today, reports USA Today. The conviction of referee Tim Donaghy, 41, has rocked the NBA, even though officials determined he didn't bet on the specific games he worked. An NBA-sponsored investigation into gambling and referees is... More »

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NBA • basketball • gambling • NBA referees • David Stern • Tim Donaghy • federal prison • Charles Barkley • Joel Litvin

 Casinos Choke on Smoke Bans 

Industry sees revenues drop as state laws makes gamblers gamble less

Sep 19, 08 2:20 PM CDT
(Newser) - Taking deep breaths of clean air won’t stave off panic for casinos confronted with smoking bans in an increasing number of states, the Wall Street Journal reports. In Illinois, casinos have posted double-digit revenue drops since a ban took effect in January. “Gamblers like to smoke and drink... More »

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gambling • casino • smoking ban • anti-smoking

As Economy Sinks,
Lottery Sales Soar

Consumers tightening belts don't scratch their lottery spending

Sep 13, 08 10:50 AM CDT
(Newser) - As the economy falters, one thing people aren’t cutting back on is lottery tickets, the New York Times reports. In fact, higher unemployment rates usually mean higher lottery sales, says one study, and sales are hitting record highs in at least 22 states. “With companies tightening and... More »

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gambling • recession • unemployment • Mega Millions • lottery • state lotteries • economy

 Casino Ejects Man Over B.O.

Smelly man wants an apology

Jul 31, 08 4:06 PM CDT
(Newser) - A gambler deemed too smelly to play is demanding an apology from New Jersey’s Borgata casino, Fox Philadelphia reports. Michael Wax, 54, had spent 17 hours gambling in the casino when an official approached him and said he had to leave because other patrons were complaining of his body... More »

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hygiene • gambling • casino • smell • body odor

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