Investors recently doubled down on gambling stocks despite a yearlongwinning streak, wagering that expansion will spur growth and bettors willkeep spending even as the economy softens. The Dow Jones U.S. Gambling Indexhas surged more than 35 percent since the start of the year, easilyoutpacing the broader market as represented by the Standard & Poor’s 500index, […]
Category Archives: Gambling News & Events
The world of gambling has come a long way since its early days. It isunnecessary to describe today’s gambling world, with land based casinoshosting the best entertainment and most luxurious hotels, and online casinosoffering an equally terrific, virtual form of entertainment. But that is alook at the present and future of gambling. A look back […]
The £25,000 a week West Ham goalie reportedly starting drinking heavilyafter his gambling debts spiralled out of control. According to the Sun, atfirst Carroll attempted to win the money needed to pay off debts to a fellowWest Ham player, when that idea failed he drowned his sorrows in a bottle ofBacardi. Carroll is now in […]
Four former employees of an affiliate of Yamato Transport Co., a majordelivery company, have been arrested on suspicion of gambling onprofessional baseball games at their offices, police said. According to thepolice, on-duty drivers from the Kyoto and Osaka branches of Kyoto YamatoUnyu delivery company placed bets via cell phone e-mail. The betting systemwas started by […]
The Supreme Court in Brisbane has been told a man jailed for life over themurder of a Gold Coast book-keeper had a chronic gambling problem. LydioMonje Licera, 38, was managing the Seafire restaurant at Burleigh in Maylast year when he stabbed to death the restaurant’s bookkeeper, 32-year-oldTherese Pieper. The night before, he had stolen the […]
The recent Global Gaming Expo (G2E) in Las Vegas saw a marked absence ofonline gaming companies and executives discouraged from travel to the USA bythe recent passing of the Unlawful Internet Gambling Enforcement Act, butthe industry nevertheless generated an abundance of media comment. Asidefrom the widely reported comments of top land gaming executives like TerriLanni […]
Pennsylvania gambling regulators are hearing testimony from a Detroit casinooperator and two other bidders for a slot-machine casino license inPittsburgh, just one month before it could be awarded. The hearings startedMonday with presentations from two of the bidders. Testimony was scheduledTuesday for Detroit-based casino operator Don H. Barden. His proposal callsfor a $460 million slots […]
The retired superintendent of Manhattan’s Parks and Recreation Departmentfaces felony theft and gambling charges. A preliminary hearing has been setfor Ivan Wilkinson on December 20. Wilkinson is accused of stealing moneyfrom city concession sales. The gambling charge stems from accusations heorganized fantasy sports leagues on city computers and city time. He turnedhimself in to police […]
Not so long ago, stories about gambling addiction dominated the news, aspro- and anti-gaming troops battled for the hearts and minds of politiciansand the public. Strangely, as eight candidates vie for the leadership of theTory party, an issue that once caused so much uproar has fallen off theradar screen. Problem gamblers are still ruining their […]
The machines also tell players how much they will spend each game if theymake a particular choice, as well as their spending per minute and per hour.Launching seven of the Aristocrat brand machines at Brisbane’s ConradTreasury Casino today, Jupiters Ltd managing director Xavier Walsh said thecompany recognised some customers had difficulties gambling responsibly.This could lead […]
More than 6 percent of Korean adults are gambling addicts. Korea LeisureIndustry Center said that some 2,400,000 Koreans or 6.6 percent of the adultpopulation were addicted to gambling as of December last year. Among them,79.2 percent were men while 33 percent were in their 40s. While blue-collarworkers made up 54.2 percent of the total, white-collar […]
ONLY a week after voters in Ohio once again made clear their opposition tothe expansion of legalized gaming in the Buckeye State, thousands ofresidents of Pennsylvania were moving in entirely the opposite direction asthe Keystone State’s first slot-machine parlor opened, and gamblers seekingeasy money poured through the doors. The Mohegan Sun at Pocono Downs nearWilkes-Barre […]
Expect to hear a lot about gambling expansion in the coming months. WestVirginia’s four racetrack casinos should make another push in theLegislature for local option elections to allow table games. They wantpeople in the four counties with racinos — Kanawha, Ohio, Hancock andJefferson — to vote on allowing games such as blackjack, poker and roulettealong […]
More than 6 percent of Korean adults are gambling addicts. Korea LeisureIndustry Center said that some 2,400,000 Koreans or 6.6 percent of the adultpopulation were addicted to gambling as of December last year. Among them,79.2 percent were men while 33 percent were in their 40s. While blue-collarworkers made up 54.2 percent of the total, white-collar […]