gambling

Legal Online Gambling May Be On The Way, Courtesy Of Justice Department
By Phil Villarreal on December 27, 2011 9:15 AM  
Online poker and other forms of non-sports internet gambling could become legal, thanks in part to a recently released U.S. Department of Justice opinion on a 50-year-old law. More »

Poker Site Co-Founder Pleads Guilty To Conspiracy
By Phil Villarreal on December 21, 2011 8:15 AM  
A federal crackdown on online poker sites continues to rake in chips. In a reported plea agreement, a man who co-founded the gambling site Absolute Poker pleaded guilty to conspiracy charges. Federal regulators accused his organization of deceiving banks by masking customers' gambling charges with names of online retailers. More »

Pennsylvania Moves To Shut Down Gambling At "Internet Sweepstakes Cafes"
By Chris Morran on October 26, 2011 4:15 PM  
If you've never heard of an "Internet Sweepstakes Cafe," or whatever other description the owners use, it's basically a place where customers purchase pre-paid "phone cards" that they then use to buy time on a computer to play in various "sweepstakes" for which they can possibly win cash. How is this now gambling? Well, that's the the question that the Pennsylvania state legislature is asking. More »

Congress To Legalize Online Gambling?
By Chris Morran on August 17, 2011 1:40 PM  
Only months after the federal government shut down access to online poker sites come reports that Congress could soon consider a bill that would legalize online gambling. More »

Chuck E. Cheese's Accused Of Turning Kids Into Gamblers
By Phil Villarreal on May 16, 2011 11:30 AM  
According to a potential class action suit filed by a San Diego mom, kiddie-themed pizza chain Chuck E. Cheese's is a gambling parlor disguised as a venue for innocent entertainment. More »

Government Re-Activates Online Poker Domains To Allow Refunds
By Phil Villarreal on April 21, 2011 9:45 AM  
Although the government brought the wrath of Olympus down upon law-averting offshore online poker palaces, it's showing compassion for customers who had money locked up in gambling accounts. Authorities re-activated two previously closed domain names, allowing players to request refunds. More »

Government Goes All-In Against Online Poker
By Phil Villarreal on April 18, 2011 8:00 AM  
If you were planning on making your fortune on your sofa, taking fools' money in online poker, it's probably time to think of a plan B. Feds are making like Eliot Ness in an effort to shut down offshore companies that let Americans subvert in the nation's online gambling laws. G-men have filed an indictment against several individuals accused of operating illegal internet poker speakeasies. More »

Tips To Stop Yourself From Gambling
By Phil Villarreal on April 2, 2011 1:00 PM  
No matter how successful they are at making money, compulsive gamblers can lose it all and more if they succumb to their addictions. HealthGuidance offers advice on how to curtail the impulse to risk it all. More »

Allegiant: Let's Let Travelers Gamble On Airfare
By Ben Popken on March 14, 2011 11:00 AM  
Allegiant Air has come up with an idea for a new kind of airfare whose final price would rise or fall with the price of jet fuel. Passengers could choose between a traditional ticket, or one that has a discounted up-front cost, but whose final price is variable. If gas is cheaper the day you fly, you pay less. If higher, you pay more. It sounds a little crazy, until you realize where Allegiant is based out of: Las Vegas! More »

Chase Declares New York State Lottery 'Illegal Internet Gambling'
By Laura Northrup on September 2, 2010 12:30 PM  
Not everyone is fond of state lotteries, but you know what they're not? Illegal. Still, Tim shared his experience with the New York State Lottery and his credit card company, Chase, where the bank chose to treat his lottery subscription payment as a cash advance, with the $10 fee and astronomical interest rate that goes along with it. More »

Should There Be More Legalized Gambling?
By Chris Morran on August 11, 2010 12:45 PM  
Even though the American Gaming Association recently stated that gambling revenues were down 5.5% last year, a growing number of state and city governments are looking at casinos and gambling as a way to spur economic growth during this not exactly golden age. More »

Recession Hits Casino Gambling For $1.8 Billion Loss
By Chris Morran on May 7, 2010 12:15 PM  
In the world of gambling, one axiom holds true — In the end, the casino always wins. But a new report from the American Gaming Association says that, due to the current not-so-great status of the economy, the casino isn't winning as much as it was before. More »

(Bodog)

NCAA Tournament Tips Off Today, Everyone Stops Caring About Work
By Phil Villarreal on March 18, 2010 10:15 AM  
The photo here is an excerpt from the gambling site Bodog's info graphic, which puts things pretty bluntly. The first round of the tournament is in effect today and tomorrow, capping off a week of water cooler bracket chatter. More »

Directly Pitch Your Stories To Pro Video Journalists
By Ben Popken on November 11, 2009 4:16 PM  

—>VJ Movement is a new site that lets everyday people pitch their ideas for news stories to a group of selected global professional video journalists who then go on to produce them and post them online. Here's one about a poor Chinese immigrant turned professional gambler who plays poker so that his kids can live the American Dream in Orange County, California.  More »

Las Vegas Builders Say No More New Casinos For The Next Decade
By Chris Walters on October 6, 2009 3:44 PM  

—>We hope you like the current casinos in Las Vegas, because that's what you can look forward to for the next 10 years or so. No newly built Mount Rushmore facade, no Mini Grand Canyon indoor shopping avenue, no Godzilla-shaped hotel—nothing new to delight the vulgar parts of your optic nerve. The Wall Street Journal says after a decade in which casinos spent more than $30 billion on expansions, they're now going to pay off debt and focus on "branding, marketing and customer loyalty."  More »

Recession Hits Casinos, Hurting State Tax Revenues
By consumerist.com on September 10, 2009 6:20 PM  

—>States that put it all on double zero and let it ride may start wishing they'd listened to Ace Rothstein, and walked out instead of choosing to take the money — and the hammer. The casino industry — once considered recession-proof — is starting to feel the pinch of the current downturn. The New York Times reports that some of the biggest gambling havens, including Nevada, New Jersey and Illinois, have seen massive drops in gambling-related tax revenues. New Jersey's take was down $62 million, Nevada dropped $122 million, and Illinois spun and lost $166 million in tax revenues.  More »

Atheists Sell Pet Care Service To Christians Anticipating The Rapture
By Chris Walters on September 2, 2009 12:28 AM  

—>An atheist in New Hampshire is hiring out pet care services to Christians who believe that there will be a rapture and they will leave behind their pets. He won't tell Mainstreet whether the business is very successful—he says his clients number "more than one and less than 175," but it's certainly an interesting way to bring two traditionally opposing groups together under a common (profit-making) cause.  More »

Pitfalls Of Being A Pro Poker Player
By Phil Villarreal on August 5, 2009 1:00 PM  

—>Poker is like driving — everyone who participates is convinced they're more talented than most.  More »

Crafty Michigan Credit Unions Implement A Lottery Worth Playing
By Carey Alexander on August 2, 2009 4:00 PM  

—>Save to Win gives Michigan residents the chance to win the lottery simply by purchasing a certificate of deposit. Here's how it works: residents who contribute at least $25 into a Save to Win CD are automatically entered into monthly drawings for a $400 raffle, and an annual drawing for a $100,000 jackpot. Even if you don't win, you still have an interest bearing CD.  More »

Want To Experience Retail Crack? Try Swoopo
By Chris Walters on July 20, 2009 4:04 PM  

—>Just in case that headline doesn't make it clear: we do not recommend you try Swoopo, because you do not want to experience retail crack. Stay far, far away from Swoopo. Swoopo will feed into every gambling and spending impulse buried in the irrational parts of your brain, and suck up your money. There's a reason the site describes itself as "entertainment shopping."  More »