gambling

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Even Vegas Is Down on Its Luck
 Even Vegas Is Down on Its Luck 
May 6, 2008 8:46 AM CDT

Even Vegas Is Down on Its Luck

Downturn starts to hit formerly recession-proof city

(Newser) - Tougher times are starting hit the Sunset Strip, the New York Times reports. Las Vegas has been mostly immune to downturns in decades past, but this time the gambling mecca is feeling the pinch as consumers tighten their belts. Hundreds of casino workers have already been laid off, and a...

Macau Casinos Double Vegas' Take

Chinese high rollers power Asia hot spot to record profits

(Newser) - If you thought Las Vegas was gambling’s capital city, think again. Casinos in Macau didn’t just beat Nevada’s finest this quarter, they lapped them. Macau’s gambling revenues jumped 62% from a year ago, doubling Vegas’ take over that stretch—though the casinos, which can't lend money...

Study Links Sex and Gambling
 Study Links Sex and Gambling 
Apr 5, 2008 7:46 AM CDT

Study Links Sex and Gambling

Financial risk-taking lights up brain's pleasure center

(Newser) - Taking risks with money lights up the same parts of the brain as sexual arousal, a "neuroeconomics" study has found. Men shown sexy pictures gambled more daringly than those shown scary pictures—spiders and snakes—or neutral pictures, reports the AP. The study of 15 heterosexual Stanford students focused...

Is 21 Bad? Bet the Bank on It
 Is 21 Bad? Bet the Bank on It 
movie review
Mar 28, 2008 9:57 AM CDT

Is 21 Bad? Bet the Bank on It

Take your money and run away from the theater

(Newser) - There’s a problem with 21, a movie based on a true story (and the book it inspired) about some MIT math nerds who set up an elaborate system to beat the house in Las Vegas. “None of the main stars is remotely convincing as a smart person,”...

Judge Upholds Ban on Internet Gambling

Online gambling association will appeal

(Newser) - A Congressional ban on Internet gambling doesn’t violate the Constitution, says a federal judge. An online gambling association that challenged the law failed to show sufficient cause to stop its enforcement, the judge ruled, but does have legal standing to appeal the case. The group plans to do so...

Italian Tennis Player Punished for Gambling

Galimberti suspended, fined; fourth Italian disciplined in scandal

(Newser) - Italian tennis player Giorgio Galimberti was found guilty of betting on tennis matches during a period dating from June 2003 to January 2006; Tour officials did not specify whether or not he ever bet on his own matches. “The ATP's Tennis Anti Corruption Program… unambiguously states that gambling on...

Airbus Talks Mile-High Casinos
Airbus Talks Mile-High Casinos
Feb 18, 2008 2:55 AM CST

Airbus Talks Mile-High Casinos

Super jumbo A380s could soon be outfitted for gambling

(Newser) - A plane flight could soon be a big gamble. Airbus is considering turning some of its super-jumbo jets into airborne casinos, Breitbart reports. The hulking A380 passenger plane is the world's largest, boasting 50% more floor space than Boeing's 747. That's the kind of space that's needed for a mile-high...

No Dice for Smoking Gamblers
No Dice for Smoking Gamblers
Jan 1, 2008 9:12 AM CST

No Dice for Smoking Gamblers

Ill. casino bosses worry about losing business to tobacco-friendly rivals

(Newser) - The brand-new ban on indoor smoking in Illinois is expected to hit the state's nine casinos hard, the Chicago Tribune reports. Plenty of gamblers like a smoke, and along the Mississippi River, all they'll need to do is cross into Missouri or Iowa to enjoy one. "No smoking and...

Suspected Mob Gambling Ring Smashed
Suspected Mob Gambling Ring Smashed
Dec 19, 2007 3:56 AM CST

Suspected Mob Gambling Ring Smashed

NJ cops bust dozens in major blow to Lucchese crime family

(Newser) - New Jersey officials have nabbed a cadre of suspected mob bosses to bust up a sophisticated $2.2 billion gambling ring, the Newark Star-Ledger reports. Others among more than two dozen arrested included a prison officer and a Bloods gangster, said to be part of an "alarming alliance" between...

Grannie's Slot Machines Get Hip
Grannie's
Slot Machines
Get Hip
Dec 10, 2007 8:47 PM CST

Grannie's Slot Machines Get Hip

Casinos make play for the young and active

(Newser) - After years of catering to the little old lady crowd, slot machine manufacturers are reaching out to the video game generation with a line of skill-based games, the New York Times reports. “We need to appeal to new buckets of players, or we’ll die,” said one slot...

A New Window Into BlackSox Scandal Opens

Historians intrigued by emergence of newly uncovered documents

(Newser) - A previously unseen series of documents related to the 1919 Black Sox scandal, in which players were accused of plotting to fix the World Series, goes up for auction this week, reports the Chicago Tribune. The papers, appearing to date from the criminal trial of eight Chicago White Sox players...

Atlantic City Takes on Las Vegas
Atlantic City Takes on
Las Vegas
Nov 20, 2007 4:11 PM CST

Atlantic City Takes on Las Vegas

Four companies to invest $9 billion, open luxe mega-casinos

(Newser) - Atlantic City is about to get a $9 billion makeover, with four companies slated to build  as many new mega-casinos by 2012. The luxury resorts constitute the biggest burst of investment in the city since the start of casino gambling in 1978, the AP reports. As Atlantic City bids to...

Commish: Refs Violated Casino Ban, But Won't Be Punished

Draconian gambling rules under reform

(Newser) - Despite violating the NBA's stringent gambling rules, over half of the league's referees will not be punished, announced commissioner David Stern. The current rules forbid all gambling, an overly strict policy that has been improperly enforced, according to Stern; among other changes, he is likely to allow non-sports-related wagers in...

Tennis Investigates 150 Suspect Matches

List has pro tour officials looking for evidence of gambling

(Newser) - The Association of Tennis Professionals has launched an inquiry into 150 matches, identified on a list submitted to it, as possibly influenced by gambling. The author of the list is unknown. The game has come under a cloud of suspicion since a betting site uncovered irregular gambling patterns on an...

Tennis Rushes to Combat Match-fixing

Andy Murray says 'everyone knows it goes on'

(Newser) - Tennis is scrambling to clean up its game after Andy Murray, Britain's top-ranked player, claimed that "everyone knows" some matches are fixed. Under a new rule, players who are asked to fix matches will get 48 hours to admit it or be punished, and the Association of Tennis Professionals...

Can Vegas Bookies Save Sports?
Can Vegas Bookies Save Sports?
Oct 3, 2007 7:23 PM CDT

Can Vegas Bookies Save Sports?

Pro, college leagues hire insiders to sniff out problems

(Newser) - Sports that once slammed betting are now playing ball with Vegas bookies, the Wall Street Journal reports. Pro and college leagues hire advisers to spot odd bets and the players or refs who may be shaving points behind them."It's a way for them, I think, to be able...

Reno Thrives Although Most Bets Are Off

Tribal gambling hurts city, but Renoans find ways to adapt

(Newser) - Reno's lost billions to Native American casinos, yet the Nevada town is growing again, even thriving. How did Renoans react when Tribal casinos lured away their business? They put up shop as gambling consultants and sold even more slot machines. Now downtown is growing: Developers are free to build without...

Lottery's Luster Scratching Off
Lottery's Luster Scratching Off
Aug 29, 2007 3:43 PM CDT

Lottery's Luster Scratching Off

Experts say casinos offer better odds, more fun

(Newser) - The fever over big lottery jackpots is cooling as huge payouts become more common, and lose their once-in-a-lifetime cachet. What's more, the growing casino scene is muscling in on the lotto's territory -- casinos offer a better chance of winning, in a more electric atmosphere than your local 7-Eleven.

New Vegas Takes Root in Macao
New Vegas Takes Root in Macao
Aug 28, 2007 10:31 AM CDT

New Vegas Takes Root in Macao

But are there enough gamblers to keep it going?

(Newser) - Casino developers are sinking staggering amounts of money into making Macao the new Las Vegas. Economic unrest be damned—the immense $2.4 billion Venetian hotel and casino complex that opened today is only the first of dozens to come. But some worry that there aren't enough Chinese high rollers...

NFL Bans Vick Indefinitely
NFL Bans Vick
Indefinitely
Aug 24, 2007 5:15 PM CDT

NFL Bans Vick Indefinitely

Last straw for league: Admission in plea deal of gambling involvement

(Newser) - Michael Vick was suspended from the NFL indefinitely without pay this afternoon, hours after he admitted in a federal plea agreement to financing a dogfighting operation that involved gambling, the AP reports. Vick maintains that he didn't bet himself or receive any winnings, but commissioner Roger Goodell called his actions...

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