gambling

Stories 41 - 60 | << Prev   Next >>

NYPD: Prostitution Ring Eluded Us for Simple Reason

Dirty NYPD cops helped run it, tipped off owner to raids, say prosecutors

(Newser) - The brothels seemed to have an uncanny ability to sidestep trouble in undercover stings, and a slew of arrests in New York City might explain why. Prosecutors say a former vice detective familiar with the department's ways ran the operation, reports the New York Post . But more than that,...

'Gambling Mecca' Is About to Become Richest Place on Earth

Macau is set to surpass Qatar, per a new IMF ranking

(Newser) - A "gambling mecca" is set to oust Qatar as the richest place on Earth, per the International Monetary Fund's newest stats. Bloomberg reports that the IMF's World Economic Outlook database has pegged Macau as the planet's wealthiest place, with its economy on track to reach the...

Dallas Mayor Pro Tem Pleads Guilty to ... a Lot

Dwaine Caraway pleaded guilty to two federal charges

(Newser) - Dallas Mayor Pro Tem Dwaine Caraway accepted more than $450,000 in kickbacks and bribes, in part through a phony consulting agreement, gambling money, and trips to Las Vegas and elsewhere, federal prosecutors said Thursday. Caraway, the second highest-ranking elected official in Dallas, pleaded guilty to two federal charges in...

Supreme Court Says All States Can Now Allow Sports Betting

A 1992 law had banned states from allowing it

(Newser) - Sports betting—legally—is about to get a lot easier after a Supreme Court decision Monday. Since 1992, a federal law has required states other than Nevada to ban gambling on sports; Nevada was grandfathered in at the time and has since had a monopoly on legal sports betting. But...

The Secretive Gambling 'Nerd' Whose Algorithm Won $1B

So says Kit Chellel in his fascinating piece on horse-racing wiz Bill Benter

(Newser) - Nearly 15% of the people in Hong Kong placed wagers on a huge horse-racing competition on Nov. 6, 2001—but it was American Bill Benter, who'd put in more than 51,000 bets with an associate, who won the Triple Trio by predicting the top three horses in three...

10 Best, Worst States on Gambling Problems

From Nevada to Nebraska

(Newser) - One state stands alone when it comes to residents with gambling problems—and yes, it's Nevada. It's the only state to crack 60 out of a total score of 100 in a new ranking by WalletHub of "gambling-addicted states," though three others did surpass 50. Essentially,...

Report: Trump Aide Lost Job Over Gambling Habit

John McEntee bet tens of thousands at a time, sources say

(Newser) - One of President Trump's longest-serving aides was fired and escorted off the White House grounds so quickly Tuesday that he didn't have time to get his jacket. Sources tell the Washington Post and the Wall Street Journal that John McEntee, 27, was fired after being denied a security...

Anti-Gambling Activist Takes Heat for Big Sweepstakes Win

Some call her a hypocrite, but Kathy Gilroy says sweepstakes differ because they're free to enter

(Newser) - For decades, Kathy Gilroy has crusaded against gambling, saying it can lead to addiction, bankruptcy, crime, and suicide and that it "erodes society's values and work ethic," per the Chicago Tribune . But the suburban Chicago woman recently won $25,000 by playing a sweepstakes game at a...

Mystery Gambler Won $14M Betting on World Series

'Let It Ride' bettor picked winners of 1st 6 games; sat out Game 7

(Newser) - Much like with the World Series itself, the end of a ludicrously gutsy run of World Series betting was a bit of a let down. Sport Illustrated reports an unknown gambler had successfully picked the winner of the first six games of the World Series, re-betting his winnings every time....

Top Gambler Won't Get $10.2M After Court Rules He Cheated

Phil Ivey has been fighting for the money since 2012

(Newser) - Professional poker champ Phil Ivey won't be getting the $10.2 million he thought he won from a London casino, the Guardian reports. The 40-year-old, whom the BBC calls "the Tiger Woods of poker," was found to have cheated in order to win the money while playing...

This We Know About Vegas Gunman: He Loved to Gamble
This We Know About Vegas
Gunman: He Loved to Gamble
the rundown
Oct 2, 2017 2:40 PM CDT

This We Know About Vegas Gunman: He Loved to Gamble

Stephen Paddock often played for big stakes, says his brother

(Newser) - As the world struggles to understand why Stephen Paddock unleashed the deadliest mass shooting in US history on his Las Vegas victims, one fact is becoming clear: The 64-year-old loved to gamble, and for big stakes. Whether that has anything to do with the shooting, however, remains very much unclear....

Cops: Teacher Blew Student Activity Cash on Penny Slots

Michigan's Lydia Johnson accused of lifting $31K from dance, trip funds

(Newser) - Last year, Lydia Johnson is said to have blown $90,000 at the MGM Grand Detroit casino, which would be a lot of your own money to lose, let alone someone else's. And a chunk of it was allegedly someone else's. Macomb County authorities say the 29-year-old Dakota...

No Easy Fix for Russian Hack That Scams Casinos
No Easy Fix for
Russian Hack
That Scams Casinos
LONGFORM
Feb 7, 2017 2:54 PM CST

No Easy Fix for Russian Hack That Scams Casinos

'Wired' dives into how St. Petersburg group figured out slot machine patterns

(Newser) - An iPhone and a few well-timed button pushes by a mysterious patron was all that was needed to make a Missouri casino's slot machine pay out lots of cash. But this wasn't just a random scammer who'd figured out how to play the machine: It was part...

A Slot Machine&#39;s Deception, a Man&#39;s Tragic Death
A Slot Machine's
Deception, a Man's
Tragic Death
in case you missed it
Nov 20, 2016 5:30 PM CST

A Slot Machine's Deception, a Man's Tragic Death

Scott Stevens killed himself after a 6-year gambling addiction—were the machines to blame?

(Newser) - About 1% of the US population (around 3.2 million Americans ) has a gambling disorder, per the National Center for Responsible Gaming —and the Atlantic tells the tragic story of one of those addicts and how a lawsuit took the entire industry to task for his death. Scott...

Woman 'Wins' $43M on Slots; Casino Says Not So Fast

The slot machine giveth huge payout, the slot machine 'malfunction' taketh it away

(Newser) - There are mechanical malfunctions on the order of you losing out on some pocket change and a bag of Fritos, and there are mechanical malfunctions on the order of the one Katrina Bookman faced in August, which amounts to a loss of $43 million and a steak dinner. As ABC7...

How One Man Made $2.5M Betting on the World Series

'Vegas Dave' and his history of long-shot sports bets

(Newser) - "Vegas" Dave Oancea started his career as a professional gambler by taking out a $10,000 student loan, going straight to Vegas, and putting it all on red. Telling his story to Mel Magazine , Dave says: "It hit, and I turned the 10 grand into 20. That started...

Accused in $2M Theft, NYC's 'Hottest Vegan' Felled by Pizza

She's now in Riker's, accused of stealing millions from her own restaurant

(Newser) - It's a dizzying downfall: Sarma Melngailis went from the Ivy League and French Culinary Institute to near-instant fame and success in the Big Apple when she opened the vegan restaurant Pure Food and Wine, frequented by the likes of Alec Baldwin. Hailed as the city's "hottest vegan"...

$100 Bet on Syracuse Win Could Pay $100K

Wager was placed when no one thought the Orange had a chance

(Newser) - In an incredible run that SB Nation says "doesn't make sense" and Sports Illustrated labels "improbable," Syracuse beat No. 1 seed Virginia 68-62 on Sunday, the AP reports—making the Orange the first No. 10 seed to make it to the Final Four. And one bettor...

Monk Embezzled $200K From Temple to Fuel Gambling Habit

Khang Nguyen Le pleaded guilty

(Newser) - A Buddhist monk accused of embezzling more than $200,000 from his Louisiana temple to feed a casino gambling habit has pleaded guilty to fraud, the AP reports. The Advocate reports that 38-year-old Khang Nguyen Le will be sentenced June 27 after his guilty plea Thursday to one count of...

Gamblers Fix Pro Tennis Matches: Report

Investigators accuse officials of letting problem fester

(Newser) - First FIFA , now this? Yep, evidence has emerged of possible widespread match-fixing in the pristine world of professional tennis. According to documents obtained by the BBC and Buzzfeed , investigators hired by the Association of Tennis Professionals uncovered signs of corrupt betting syndicates and gamblers buying off well-ranked players—but...

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