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PASPA Repeal Fails to Quell Illicit Sports Betting in the US
Since the Supreme Court invalidated the Professional and Amateur Sports Protection Act (PASPA) about six years ago, advocates of legalized sports betting have often cited the potential suppression of illicit wagering markets as a key rationale for its implementation. Despite the legalization of regulated sports betting in 38 states and Washington, DC, the black market…
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NBA Coach Raises Concerns Over Threats from Sports Bettors; Urges Caution Amidst Legalized Gambling Expansion
J.B. Bickerstaff, the esteemed NBA coach of the Cleveland Cavaliers, has recently shed light on the challenges posed by the widespread legalization of sports gambling across the United States, a phenomenon impacting not only players but also referees, coaches, and team personnel alike. In a candid exchange with a reporter ahead of his team’s matchup…
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Study Finds Skilled Video Poker Players Impact Casino Earnings
A recent study reveals that a select group of video poker players, known as advantage players (APs), possess the expertise to diminish casino profits. Utilizing its innovative Video Poker Analyzer tool, Acres Manufacturing Company, a provider of cutting-edge customer loyalty solutions for casinos, investigated how APs can consistently outperform the house, while also garnering a…
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Oklahoma’s Disturbing Casino Events
In a recent incident at Oklahoma’s esteemed Remington Park Casino, an unsettling event unfolded, leading to the arrest of an alleged robber who terrorized a casino winner with the presence of a snake before absconding with their jackpot. The episode commenced when Jason McBrayer, aged 43, approached a slot machine player within the premises of…
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Marina Bay Sands Incident Unveils Alleged Baccarat Card Counting Syndicate
In a recent legal development, a Malaysian individual has confessed to participating in a scheme aimed at defrauding the Marina Bay Sands casino of a substantial sum totaling S$433,730 (US$315k) through strategic manipulation of baccarat games, purportedly facilitated by a clandestine algorithm and concealed recording devices. Chai Hee Keong, aged 46, emerged as the third…
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China Issues Strong Warning Against Overseas Gambling Violations
In a decisive move, the Chinese government has issued a stern caution to its citizens regarding the engagement in gambling activities within casinos located beyond the borders of China, citing such actions as a direct infringement of national legislation. The Chinese embassy in Singapore, through an official communication released on WeChat, delivered a solemn reminder…
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Atlantic City Casino Revenue Declines for Second Straight Month
In February, Atlantic City experienced a downturn in casino revenue, marking the second consecutive month of year-over-year decline in the market’s monthly earnings. Regulated by the New Jersey Division of Gaming Enforcement (DGE), which oversees all gaming activities in the state except for the lottery, the nine casinos along the shore generated a gross gaming…
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Jaguars Employee: 6.5-Year Sentence, $22M Embezzlement
A Florida resident has been handed a six-and-a-half-year prison sentence for embezzling $22 million from the Jacksonville Jaguars to support an extensive gambling habit. Amit Patel, aged 31, was convicted of wire fraud and engaging in illegal monetary transactions concerning the misappropriation, having pleaded guilty last December. In a ruling presided over by U.S. District…
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A Year of Anticipation: Mega Millions and Powerball Jackpots Surge in 2024
In the realm of chance and fortune, 2024 has ushered in a narrative of anticipation for lottery enthusiasts across the United States. As we reflect on the previous year, where Mega Millions and Powerball jackpots found their fortunate winners multiple times by this point, the current landscape paints a starkly different picture. In the realm…
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Iran Dismantles Huge Gambling Network, Blames UK
Iran’s Intelligence Ministry announced on Saturday a significant breakthrough in their ongoing efforts to combat illicit online activities, revealing the dismantling of what they described as the largest organized online gambling network targeting Iranian citizens. Dubbed Nitro Bet or “Nitrobet,” the operation was accused of exploiting regulatory loopholes and operating with impunity, with alleged roots…