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Category Archives: Gambling

Comic Book Villains Who Love Gambling – Fortress of Solitude

Posted: January 23, 2020 at 8:42 am

When it comes to the comic book world, superheroes can only thrive if they have a big villain as their rival. These comic book villains are just as part of the story as the superheroes we know and love, and the stories are better for them being in it. Some of our most-hated villains have something in common with each other, and that is their love for gambling. Want to know which ones like a gamble? We take a look at three big named stars who love to gamble right here during their time as comic book villains.

This villain is the arch-nemesis of Batman, and a man so obsessed with gambling that he named himself after a playing card. The Joker took his name from the joker card in a pack of cards, because he was said to look so much like him after being disfigured.

The Joker was the first villain that batman encountered, way back in 1940 and to this day he is one of the most recognisable from any comic book, with a film about him released in 2019. He wasnt a man who gambled himself, but the fact that his name is one of the most recognisable as a villain, and that it was taken from gambling cards means that he deserves his place in this list.

This villain was an enemy of Spiderman, created by Marvel Comics. This villain is one that was closely associated with gambling, so much so that he would only get paid for being a criminal if he completed the mission given to him. If he failed, he would instead pay the person that hired him.

His alter ego was Nicholas Powell, a man who was a professional gambler for a living. Those that like to place bets can take a look at the best betting offers available to choose a bookmaker to place bets with online. Powell got bored of his gambling and turned into being a criminal that people could hire, but he added a gambling interest into the missions he took on, which kept him interested and made him incredibly difficult to catch.

Another big name from the Batman comic books, this was another villain that took him on. The Penguin has long since been associated with the Batman story, and his longevity shows just how popular he was in the series.

This is a man who was always linked to the gambling industry throughout his time being a villain and competing against Batman. He runs the casino and nightclub named The Iceberg Casino which is actually a floating casino off the city of Gotham.

This was used as a base for his fellow criminals to hang out, gamble and have a drink, becoming a real key piece in the underworld of Gotham that Batman fought against for so long. The Penguin could be the biggest comic book villain associated with gambling of all-time due to owning this casino, and many bad things have happened inside it across the years.

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Bank of Scotland charged gambling addict almost 5 a day interest on 3,100 overdraft – The Sun

Posted: at 8:42 am

LORRY driver Leon Ray was crippled with anxiety after maxing out 3,100 overdraft with Bank of Scotland where he was charged almost 5 a day in interest.

The 29-year-old from Sutton Coldfield initially took out a 1,000 overdraft with the bank in 2016 when his car broke down - but the following year he easily increased it to 3,100.

Leon used the overdraft to help pay for everyday essentials, like food and bills - but he also spent thousands of pounds on gambling to try and pay back the debt.

The charges left him anxious, depressed and feeling hopeless about ever paying it off.Because I couldnt pay the money [back] I started gambling to try and pay it off and then that became a problem, Leon told The Sun.

Ive now been under the doctor for quite a while for depression and anxiety because Im just in a rut.

At the minute Im living on the reduced aisle and stuff that goes off on the day. I cant use the food bank because I work full time. Its just a nightmare.

The bank increased its overdraft fees in January 2019 and Leon soon found himself saddled with daily bank charges of up to 4.61 a day when his overdraft was maxed out - equivalent to more than 1,682 a year.

Leon, who has struggled with a gambling addiction over the last ten years, also claims that the bank acted irresponsibly knowing he was struggling for money.

What were they [Bank of Scotland] doing increasing my overdraft, knowing that? he told The Sun.

In hindsight it was the worst decision they could have made at that time. I just think they were really irresponsible.

Its a day to day battle - but Ive got good friends and family around me and my friend changed the passwords on my online gambling accounts.

I just want to shed light so that other people dont get into this situation themselves

Its a shame really, as I do enjoy a football bet but I just cant trust myself so I wont. Id rather just stay away from it. It would mean the world [to me if I overcame my addiction].

Earlier this year Leon vowed to sort out his finances and kick his gambling habit - but when he asked his bank for a loan to pay back the overdraft, as recommended by Money Magpie, he was refused.

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Leons salary of 400 a week before expenses and tax - around 1,600 a month, left him with hardly any cash once his bills and rent had been paid.

While his bad credit score also stopped him from getting accepted for a loan or credit card elsewhere.

Instead Bank of Scotland offered to freeze the interest on the account for 30 days and recommended a 280 a month repayment plan - which Leon could not afford.

But after The Sun stepped in and asked whether the bank had acted responsibly, customer services called Leon and offered to cap his overdraft at 600 and offered him a refund of 2,516 in fees as a gesture of goodwill.

HOW TO PAY OFF YOUR OVERDRAFT

There are lots of ways you can start chipping away at your overdraft. We've listed some simple steps below.

Budget, and spend less create a budget and take a proper look at what youre spending. It can be really easy to bury your head in the sand but being honest with yourself about where you can save can mean paying off your overdraft quicker.

Switch energy bills - It's worth doing research into how much cash you could save if you switched energy, insurance or broadband provider. You could save 100s or even 1,000s over a year and put that towards paying off your debt.

Change your bank account - there are plenty to choose from and you can end up saving money if a competitor offers a better rate.

Move your debt -It might be cheaper for you to pay off your overdraft with a loan or a credit card. But remember - applying for credit can impact your credit rating, and you must pay it off.

Make sure you're getting all the money you are entitled to - If youre a low income household then you might be entitled to benefits and discounts on things like bills. You can visit entitledto.co.uk to search what you might be missing out on and put any extra savings towards your debt.

For the first time in years, Leon can now see an end to his money troubles.

I just want to shed light so that other people dont get into this situation themselves, he told The Sun.

This all started in my early 20s - so can you imagine what theyre doing to people aged 18,19, or 20? No wonder this country is in such a mess - kids are just getting into debt.

Yes, I took out the overdraft- but youd think theyd monitor things like this, especially when people are in their overdraft for that length of time. Its very hard to get out of it.

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From April, new Gambling Commission rules come into force that prevent people from gambling on credit cards - but there are no set rules that prevent banks giving overdrafts to problem gamblers.

The majority of the UKs biggest banks have also revealed they are hiking up their overdraft fees this month.

And while banks do have a responsibility to protect vulnerable customers and help them reduce persistent overdraft debt, its unclear how this works in practice.

A Bank of Scotland spokesperson told The Sun overdrafts had an important role to play in supporting customers who had short term or unexpected borrowing needs.

They added: When a customer applies for an overdraft, we undertake a thorough review of the customers' finances to ensure that it is affordable.

"However, we do understand that customers circumstances can change and we do all we can to support them.

In the case of Mr Ray, we immediately agreed to stop all charges from being applied for 30 days to give him breathing space.

"After further review of factors specific to Mr Ray's individual case, and as a gesture of goodwill, we have offered to refund some of the charges applied and use them to reduce the outstanding balance on his overdraft.

Customers who have been charged overdraft fees which have contributed to financial hardship are encouraged to try and claim them back.

If you dont know how much youve been paid then you can check your online banking or ask for your old statements from your banks.

Some banks charge a fee for this - so you should ask for a list of charges youve been paid to avoid paying the levy more than once.

If you have an overdraft then be aware that new rules on overdrafts that come into force in April could see customers hit with fees of up to 39.9 per cent.

If you're struggling to pay it off then read our handy guide on where to start.

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If you have an overdraft then be aware that new rules on overdrafts that come into force in April could see customers hit with fees of up to 39.9 per cent.

If you're struggling to pay it off then read our handy guide on where to start.

Hard up but want to start saving? Then watch money expert Martin Lewis explain how you could get a savings account with unbeatable interest if you're on benefits or Universal Credit.

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Agenda: Let’s say no to a state education that is funded by gambling – HeraldScotland

Posted: at 8:42 am

IN todays Scotland, gambling is everywhere. In the 25 years since John Majors Conservative government introduced the National Lottery, and the 15 years since Tony Blairs Labour government radically liberalised our gambling laws, the gambling industrys reach has spread into most areas of life. Spaces in society where we are not encouraged to take a punt are increasingly rare: at the football stadium and the museum, in the corner shop and even the local primary school where school lottery schemes are often used to prop up underfunded state education we are prompted to gamble. Each year, across the UK, we now give 14.4 billion of our money to the gambling industry.

This vast sum, of course, is not supplied equally by all. Rather, about half of the population gambles and more often than not, those who gamble do so regularly, and are from lower-income backgrounds. While the gambling industry presents itself as an instrument of positive economic redistribution you might win big, or your good cause might receive a donation the money moves in more than one direction. Those who run the industry enjoy the benefits of unimaginable profits thanks to the regular offerings of the average Scottish gambler.

In 2020, the wide reach of the gambling industry is part and parcel of a society in which income inequality continues to grow. Social mobility has all but stopped for some segments of society. For all that the big gambling industry casts the poor and worthy a few crumbs from its table, it is hard to see that industry as anything other than part of the problem of poverty, rather than part of its solution. The widespread promotion of gambling remains, in effect, an implicit tax on the poor, whose money often goes towards making the worlds of art and culture more affordable to the middle class.

Many of us are aware of this. Indeed, the Gambling Commissions own most recent surveys have shown that 79 per cent of us even of those who do gamble think that there are too many opportunities for gambling nowadays. I agree. Perhaps it is time more of us did something about it. Where might this fight for economic justice begin? We could take note of Greta Thunbergs campaign for climate justice, which began in a school a social space imbued with symbolic value, in so far as the school environment represents the hopes and dreams that we pass on to our children. Gretas school strike has changed the world.

Perhaps a renewed fight against poverty might also begin in our schools, which are increasingly turning to school lottery systems to paper over the cracks in an underfunded state school system. Given the symbolic power of our schools, what does it say to our children about the aspirations we pass on to them if their access to textbooks, music lessons, or computers also becomes dependent albeit often in small ways on a system that reinforces poverty?

As a parent of children who receive a gambling-funded state school education, at a time where 340,000 British adults (and 55,000 children) are problem gamblers, I find it painful when my children ask me where their schools money comes from. If enough parents (and children) were to say no thanks to a gambling-funded education, society would only lose one opportunity to gamble but in teaching a new generation to dream of a more equal society, that one loss could change everything.

Dr James Eglinton is Meldrum Lecturer in Reformed Theology at the University of Edinburgh

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Why the gambling industry deserves more credit for its work with tennis – Gambling Insider – In-depth Analysis for the Gaming Industry

Posted: at 8:42 am

It was surprising to see such little reaction to the fact suspicious match alerts in tennis have fallen to their lowest levels since the Tennis Integrity Unit (TIU) began reporting the figures for 2015, according to its 2019 report. In total, there were 138 suspicious matches reported last year, with none at Grand Slam level, three from the mens ATP Tour and five from the womens WTA Tour.

This is welcome news for both tennis, but also of course, the gambling industry. Had the number of alerts risen, then you can imagine how sections of the press would have swarmed over the report to pick it apart and somehow blame regulated gambling for potential match-fixing.

The figures are staggering: the number of alerts totals more than 100 less than any other year since and including 2015, and while it does not necessarily mean less matches are being fixed - the statistics are only alerts, nothing more - it points to a positive trend. The alerts are provided through memorandums of understanding with regulated betting operators and data companies and it shows how such co-operation can be a real force for good.

The reverse is also true: the high numbers in the previous years was not necessarily a negative. High numbers shows potential issues are being highlighted and put into a position where they can be addressed. Perhaps after four years, it was inevitable there would be a drop in alerts, as more work is done.

This is also supported by the number of players and officials that were subject to sanctions, which was actually at its highest number (26) since the reports began, although the numbers are somewhat skewed, with players provisional suspensions and actual suspensions sometimes listed in different years.

Reading between the lines, it is possible that a higher number of players being sanctioned, yet lower levels of alerts, could indicate that betting companies and the bodies within the sport are becoming more efficient at determining the signs of suspicious activity. It could also be that people are being put off the idea of trying to fix a match or part of a result: past convictions of players like Nicols Kicker, a top-100 player, and Oliver Anderson, a junior Grand Slam champion, would have sent shockwaves throughout the sport.

It is no secret a lot of betting companies co-operate with the sport when it comes to integrity, particularly when a strange amount of bets come rushing in on a particular match, so it could just point to people not using legal or mainstream/regulated markets to avoid risk.

But the TIU's report is not a one-off. Promisingly, the International Betting Integrity Associations most recent report, for Q3 2019, reports similar findings. The report says there were 30 tennis alerts reported in that quarter, which represented a 40% reduction on the 50 tennis alerts reported in Q3 2018. The report also says the fall in tennis alerts was predominantly caused by a reduction in alerts at the ITF Tour level.

More convictions and fewer alerts point towards the problem diminishing, or at the very worst being driven away from legal markets. For the betting industry, this is very good news. Yes, fixing is always going to be an issue, especially in unregulated gambling markets, but that is more of a problem for tennis authorities to work out how to combat. From the gambling industry's side, it is doing something helpful, but is of course unlikely to be given credit for this by mainstream media.

The co-operation between betting companies and the sporting bodies are producing good results and this is real evidence of this, and all involved should be satisfied. The threat of fixing is not over though, and unless prize money rises staggeringly at the lower levels, then I dont think it ever will be, but in terms of results, this is a pretty good set.

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Why the gambling industry deserves more credit for its work with tennis - Gambling Insider - In-depth Analysis for the Gaming Industry

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NFL playoffs gambling guide: Locks, props, trends, what to avoid, more for the 2020 conference championships – CBS Sports

Posted: at 8:42 am

Now that all the dust has settled, we finally have our NFL final four. The Tennessee Titans and Kansas City Chiefs battle it out this Sunday afternoon to decide who will represent the AFC in the Super Bowl, while the Green Bay Packers and San Francisco 49ers play Sunday night for the last spot in the Super Bowl.

Both home teams are favored this week, and the spreads of both of these matchups have been hovering out seven to 7.5 points. Below, we will analyze which bets I'm high on, which bets you should avoid and then some long shots I'm interested in.

Let's jump in now. All odds via DraftKings Sportsbook.

Henry rushed for 182 yards against the New England Patriots in the wild-card round and 195 yards against the Baltimore Ravens in the divisional round. Both of those defenses are two of the best in the NFL, and I have no reason to believe that Henry will not be able to replicate his success on the ground against Kansas City. When the Titans played the Chiefs in Week 10, Henry rushed for 188 yards and two touchdowns. Take the over here.

Rodgers has thrown for over 240 yards six times this season. He only threw for 104 yards against the 49ers in Week 12, but if this game goes how many think it will go, the Packers will need to be throwing the ball a lot. Rodgers also has a personal vendetta against the 49ers for passing over him in the 2005 NFL Draft, and there is no better way to get some revenge than by preventing the 49ers from reaching the Super Bowl with a big performance. Whether the Packers win or lose this game, I think Rodgers will pass for at least 240 yards.

The Chiefs appear to be the best team remaining in the playoffs and are on a seven-game win streak, but they are running into a team of destiny. There aren't many people who expected the Titans to be in this situation -- one game away from the Super Bowl. Hardly anyone expected them to beat the Patriots and then the No. 1 seed Ravens, both on the road. I'm going to take the Titans to win this game, and if they don't, I think they can cover 7.5 points.

Wondering which teams will wind up in Super Bowl LIV? Pete Prisco and R.J. White join Will Brinson with their picks, gambling advice and more on the Pick Six Podcast. Listen below and be sure to subscribe for daily NFL goodness.

There is a lot of money coming in on the Packers and 49ers to score more than 45 collective points, but I think there's a possibility that will not happen. It's interesting that 45 points is the exact point total both teams scored in Week 12, when the 49ers blew out the Packers, 37-8. This game could end up being a defensive showdown. Both teams have incredible pass rushers who can get to the quarterback in a hurry, and both have been spotty when it comes to putting up big points. Even if the 49ers blow out the Packers again, I think it won't be as bad as Green Bay's Week 12 showing.

I was surprised to see that Hill's under for receptions was favored by that much. The last time Hill played the Titans, he set a new career-high in receptions with 11 for 157 yards and a touchdown. He only caught three passes last week against the Houston Texans, but I think Andy Reid will try to get his star wideout going with a Super Bowl appearance on the line.

I'm going to have to explain this Packers' moneyline pick, because I also have it ranked fairly high when it comes to ranking moneyline value. I like that people are ready to throw it all on the moneyline for the Packers, but don't throw all your eggs in one basket. I say this because I think there's a better possibility of the 49ers winning this game but not covering the spread than the Packers winning straight up.

Jones has scored two more more touchdowns in seven games this season, including last week against the Seattle Seahawks. I think there's a good chance it happens again this Sunday against a 49ers defense that ranks just 22nd in preventing TDs in the red zone.

Williams scored the first touchdown for the Chiefs last week, and it was just the first of three he would score against the Texans. There's no way the Chiefs start off as slow as they did last week, and I think they strike first -- and strike first with Williams.

If the Titans beat the Chiefs, then the game is going to go how Tennessee wants it to go. That means that Henry is going to have another magnificent game and the Titans are going to control time of possession. If the Titans win, then I don't see the over hitting.

1. As my colleague R.J. white points out -- though there hasn't been a clear ATS advantage for the home team (better seed) in the conference title games over the last decade, we should note that over the last 20 years, there have been 13 conference title matchups with a spread of seven points or greater. The underdog went 10-3 ATS in that stretch, most recently with the Jacksonville Jaguars covering in Foxborough two years ago. That makes it pretty difficult to lay the points in both matchups this week; I'd say at best you should think about taking either one or both 'dogs.

2. My good friend John Breech -- who was the only media member in the country who went 4-0 on his straight-up picks last week -- brought up this nugget in his picks piece: The good news for the Titans (and the 49ers) is that over past three years, teams that played on Saturday in the divisional round have gone 5-1 in the championship round. That's not a recent trend, either: Saturday teams have also gone 15-5 in the championship round over the past 10 years. Apparently, one extra day of rest can go a long way in the NFL.

I think it's very possible both underdogs could flat out win on Sunday. I even threw a little money on a parlay that includes Titans and Packers moneyline. Everyone is very high on the 49ers because they crushed the Packers in the regular season, but I'm just not convinced. Rodgers has won a Super Bowl while Jimmy Garoppolo is making his second ever postseason start.

Advantage teaser players are going to make the obvious play here and drop the favorites down through the key numbers of 7 and 3. But I would abandon that strategy this week, as I believe we're going to see at least one upset on Sunday. To me, the safer play is teasing the 'dogs both up to around two touchdowns, as I don't see either of these matchups being a blowout by the home team.

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NFL playoffs gambling guide: Locks, props, trends, what to avoid, more for the 2020 conference championships - CBS Sports

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Bill on legalization of gambling in Ukraine passes its first reading – UNIAN

Posted: January 18, 2020 at 11:06 am

The relevant bill was backed by 260 MPs.

Photo from UNIAN

The relevant bill on state regulation of activities regarding the organization and conduct of gambling (No. 2285-d) was backed by 260 lawmakers with the required minimum being 226 votes, according to an UNIAN correspondent.

Read alsoUkraine's budget may get almost US$189 mln from gambling legalization official

As UNIAN reported earlier, President Volodymyr Zelensky instructed the Verkhovna Rada, Ukraine's parliament, to adopt a law on the legalization of gambling in Ukraine before December 1, 2019.

On October 18, 2019, the Cabinet of Ministers submitted the bill to the Rada.

On December 19, 2019, the Verkhovna Rada, Ukraine's parliament, failed the vote on draft law No. 2285 in the first reading. The bill legalizes gambling in Ukraine and allows casinos to operate as part of five-star hotels only.

Following that, the Cabinet of Ministers ordered the police and the Tax Service of Ukraine to shut down gambling establishments operating under the guise of lotteries.

On January 3, 2020, lawmakers tabled a bill in parliament to amend the Tax Code of Ukraine to reduce the tax rate on gambling establishments' revenue from 18% to 10% of total income. What is more, it proposes that gambling winnings should be exempt from individual income and war taxes.

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Las Vegas: The golf game that will have you ready to go all-in – Golf.com

Posted: at 10:45 am

As even the lowest-stakes players know, a good golf game (like a week in Vegas) can only leave you feeling one of two ways: on top of the world or at the bottom of the barrel.

Given that, its only fair that a golf game named Las Vegas would reflect the very best (and worst) of the gambling experience. Heres how to play just dont blame us if you find yourself living in a scene from The Hangover, while your playing partners are singing ZZ Top.

The Rules

1) Pick your teams

Las Vegas is a great game for players who love working alongside a partner. The game is played in a two-player format, but make sure you choose wisely. More than many other team games, Las Vegas relies upon strong, consistent play from both players. Its highly recommended that you only participate in this game if youre in a foursome of balanced golf ability.

2) Set your wager

Typically, players will wager $1 per point, but depending on the health of your bank account, you can probably choose anywhere from $.01 to $2 per point without needing an advance on next months rent when you leave the course.

3) Throw out traditional math

Las Vegas is played in a two-team format, but unlike traditional team games, where scores are added together (a player making a four and another making a five would equal a nine), scores in Vegas are paired. This means that if one player makes a four and their partner makes a five, the two players would pair their score for 45 points.

4) Find the difference

Heres where the financial aspect of the game kicks in. Money is decided by subtracting the higher and lower paired scores. For example, if you and your partner each shoot fours for a 44, while the opposing team both shoot sixes for a 66, you and your partner would win 22 points (and if youre playing for $1 per point, would claim a clean $22 for the hole).

5) Take the lower score

To properly record scores (and prevent the game from forcing you to take a second mortgage on your house), start with the lower of the two scores from the hole. An exception to this rule comes when someone on either team scores a 10 or higher, at which point, the higher score comes first (a 115 isnt ideal, but its a heck of a lot better than a 511).

6) Flipping the bird

The only other exception to the lower score first rule in Las Vegas comes by flipping the bird. But dont worry, you wont be spewing profanity towards your opponents (on second thought, you might be doing that, but it isnt part of the games rules). Flipping the bird comes when one team sinks a birdie, allowing them to flip the score of their opponent so the higher number comes first. So, if you drain a birdie while your opponents combine for a 48, you can flip the bird at them, making their score for the hole an 84.

Las Vegas (as the name suggests) is a high-stakes, high-intensity game for golfers playing in foursomes of similar ability. If you love competition and are willing to bet it all on yourself and your teammate (or are looking to add some spice to an otherwise dull round), take a trip to Las Vegas and see if good fortunes follow.

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New legislative push seeks to legalize sports gambling in Washington – Seattle Times

Posted: at 10:45 am

A company owning nearly half Washingtons card-room casinos threw its support Friday behind a new legislative push to legalize sports gambling throughout the state both in land-based and mobile form.

Maverick Gaming LLC had been a driving force behind this weeks introduction of HB-2478 and companion SB-6277, which seek to legalize widespread sports betting through licensed card rooms, racetracks and tribal casinos for pro sports everywhere and college sports outside Washington. The bills are sponsored by Rep. Brandon Vick (R-Vancouver) and Sens. Ann Rivers (R-La Center) and Curtis King (R-Yakima).

Weve done our best to be as inclusive and build as broad a base of support as possible for legislation we think can be successful, said Eric Persson, a Hoquiam native and CEO and co-founder of Nevada-based Maverick, which in the past year has acquired 19 of the states 44 card rooms and is in the process of purchasing five more. Were looking forward to partnering with the Native American tribes in the state to bring a service to the Washingtonian public that theres clearly a demand for.

A competing effort at legalizing sports gambling launched last year and initially sponsored by a current NHL Seattle director has been focused on limiting the activity to Native American tribal venues.

And that renders unlikely any immediate partnering between the two camps, given the potential money at stake in a state with some of the nations toughest anti-gambling laws and where sports betting anywhere is outlawed. Any casinos here beyond tribal lands are limited to card rooms also called mini casinos where poker, blackjack and other card games can be played against the house but not individuals and where slot machines, video lottery terminals and video pull tabs are prohibited.

Persson acknowledged although hes had initial dialogue with some tribal groups, nothing much has come of it.

While there have been conversations, I wouldnt say that theyve progressed, he said. I wouldnt even say that theyve been incredibly productive.

States nationwide have looked at legalizing various forms of sports betting since the U.S. Supreme Court in 2018 quashed a federal law banning such activity since 1992. The striking down of the Professional and Amateur Sports Protection Act left it up to individual states to legalize sports betting, and 13 of them now allow it.

The sports-gambling bill previously introduced a year ago in the state legislature, HB-1975, says limiting such activity within tribal facilities already accustomed to gaming is the best way to regulate the practice and prevent abuses.

HB-1975 was sponsored by Rep. Eric Pettigrew (D-Seattle), who in October became an NHL Seattle community ambassador and director of suites services.

NHL Seattle has said it isnt yet planning for legalized sports wagering once it launches play next year, despite partnering last October on a sponsorship deal with the Muckleshoot Casino. Pettigrew since that time has withdrawn as the primary HB-1975 sponsor, given his involvement with the team.

If that bill eventually passes in lieu of the new effort, Muckleshoot and other tribes would gain exclusive domain over sports betting, something Maverick CEO Persson argues would deprive Washington of up to $50 million in annual tax proceeds off such gambling statewide. Persson added only legalized, strictly regulated sports gaming can protect Washingtonians from fraud and other issues that arise when they illegally place sports bets through offshore entities.

The likelihood of either competing bill becoming law this legislative session seems remote given the shortened schedule due to it being an election year. Vick said Friday his newly sponsored HB-2478 will at least help lawmakers consider all possible options beyond tribal casinos.

Weve never had what I would really consider a rather robust discussion, he said.

Rivers echoed her companion SB-6277 effort signifies the start of a very full and robust conversation and likely wont come to a vote before next year.

There are so many people to talk to and so many things to consider, she said.

One hot topic will be mobile gambling, the fastest-growing sector within sports betting and comprising about 80% of it given the easy access that doesnt require being in a physical location. Sports-gaming efforts in some states have been slowed by concerns such online betting makes it easier for minors to become gambling addicts.

Internet gambling of any kind is outlawed in Washington as a Class C felony.

Persson said regulating online betting here by allowing qualified and vetted individuals licensed by the state to control sports-gaming servers would discourage Washingtonians from betting offshore where they have no protection.

He hopes all sides eventually find common ground.

I believe ultimately that well all work together, he said. Because well all benefit from this.

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Online gambling to boost GVC’s profit as tougher rules loom – Reuters

Posted: at 10:45 am

(Reuters) - Ladbrokes-owner GVC (GVC.L) said on Friday annual core earnings would be at the top end of its forecast, as stronger demand for online gambling buffers a hit from a bruising regulatory clampdown on slot machines in Britain.

The company, whose brands also include Coral, bwin and Foxy Bingo, said total annual group net gaming revenue rose 2%.

However, its UK retail like-for-like sales fell 11% in the last quarter of the year, as Britain cut the maximum stake allowed on high-speed slot machines - dubbed the crack cocaine of gambling by critics - to 2 pounds ($2.62) from 100 pounds.

Less than a year after Britain slashed the maximum stake that can be placed on popular fixed-odds betting terminals, GVC said this month that it would ban the countrys 24 million gamblers from using credit cards to bet online or offline to rack up debt, the latest move by the government to tackle problem gambling.

Britain has a thriving gambling industry. It employs more than 100,000 people and made 14.4 billion pounds ($18.84 billion) after paying out winnings in the 2018-2019 financial year.

But the government has sought to tighten rules in recent years, bringing in stricter age and identity checks for online gambling and expanding support for those who become addicted.

Foreign markets have been a boon for companies like GVC, as more U.S. states allow legal online betting and other countries offer softer rules on gambling than in Britain.

The company, founded in 2004, in October raised its annual core earnings forecast for the second time in three months as its U.S. joint venture cashed in on a booming online sports betting market in the country.

It said then that it expects full-year core earnings in the range of 670 million pounds to 680 million pounds.

Isle of Man-based GVC, which has a joint-venture with U.S. hotel and casino operator MGM Resorts International (MGM.N), said the business made good progress in the quarter.

Reporting by Indranil Sarkar and Tanishaa Nadkar in Bengaluru; Editing by Shailesh Kuber, Bernard Orr

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Online gambling to boost GVC's profit as tougher rules loom - Reuters

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What (else) happens in Vegas? There’s more than gambling for adventurous tourists in ‘Sin City’ – Journal Inquirer

Posted: at 10:45 am

LAS VEGAS What kind of weirdo would come to this city and not gamble? No poker, no slots, no craps, no roulette, no sports betting, not even baccarat: not a penny spent on the fickle whims of Fortune.

Presumably youre familiar with the world-famous charms of this sprawling city in western Nevada: the show business, the glitz, the $7.99 buffets, the ease of access to every single vice known to human civilization.

Above all, the gambling, or gaming, as the industry prefers: an entire urban economy rooted in games of chance that, almost by definition, favor the house at the expense of the gambler.

As someone who doesnt gamble or drink, and who regards lavish stage productions with the kind of low-intensity dread young children feel before visiting a particularly dull grandparent, it would seem that Las Vegas had little to offer.

Nothing could be further from the truth. Because, in this desert of 24-hour casinos built to look like famous structures in Europe and pedestrian-hostile thoroughfares, there are plenty of oases of quirky interest that can satisfy even the most discerning seeker of offbeat fun.

Perhaps the most impressive and informative of these sites currently sits about a mile and a half east of the famed Strip, with its garish hotel casinos and packs of wandering showgirls drumming up business for their employers. The National Atomic Testing Museum, an affiliate of the Smithsonian Institution, is a jaw-dropping collection of artifacts and displays related to nuclear weapons, which grimly seems more relevant than ever.

Arguably as important to the development of Las Vegas as gambling, the Nevada Proving Grounds, about 65 miles north of the city, was the main U.S. test site for nuclear weapons for four decades starting in 1951. Nearly 1,000 nuclear bombs have been detonated here, with most of the explosions occurring underground, although many of the iconic images of mushroom clouds soaring from desert flats were from tests conducted here in the 1950s.

At the time the atomic testing began, Las Vegas was a sleepy gambling town with a population of around 40,000. The test site brought a massive influx of federal employees and contractors more than 100,000 at its height plus families moving into the area.

The tests also brought tourists: casinos with north-facing views held rooftop bomb parties, and beauty pageants were organized to crown Miss Atomic Bomb, invariably pictured wearing a bathing suit designed to look like a mushroom cloud. By the early 1970s, when the citys population had more than quadrupled since 1951, casino magnate and mob boss Benny Binion proclaimed, The best thing to happen to Vegas was the atomic bomb.

This odd local pride in the most destructive weaponry ever devised by humans is on full display at the museum, which houses some 3,500 artifacts and 16,000 photographs related to the nearby atomic testing. You can see just about everything here, from literal nuclear weapons to pop culture ephemera produced during the atom craze of the 1950s if youve ever eaten a spicy Atomic Fireball candy, youve got Vegas bomb test site to thank.

Exhibits range from a model bomb shelter designed for a family of four, bringing new meaning to the term nuclear family, to the multimedia experience of the Ground Zero Theatre, where sounds and vibrating seats replicate the experience of watching an above-ground nuclear test. The museum isnt above whimsy, either, with smaller displays devoted to Atomic Age science fiction, and the fevered speculation about space aliens being housed at Nevadas Area 51 military site.

There are also displays with slightly less prominent positioning that detail the atomic bombings of the Japanese cities of Hiroshima and Nagasaki, sober reminders that for all the campy Cold War enthusiasm, the purpose of these weapons was to kill as many human beings as possible.

If all that seems a little grim for a vacation, the Neon Museum, about 5 miles north of the Strip, should provide a whimsical alternative. A repository for abandoned casino and hotel signs spanning the citys history, the 2.25-acre campus has about 200 examples of the garish, distinctly American pieces of advertising. Youll want to visit after dark, when the Neon Boneyard is lit up, creating an eerie effect as you wander among the glitzy detritus of past decades.

Finally, if you absolutely insist on having a gambling-related experience, head to the Flamingo Hotel and casino in the heart of the Strip. Follow the signs for the Flamingo Habitat, and soon enough youll encounter an outdoor preserve where a flock of slightly sad-looking Chilean flamingos strut around for the cameras of tourists. If you walk the winding path through the preserve, eventually youll find one of the oddest memorials in any American city: a commemorative plaque dedicated to Benjamin Bugsy Siegel, the gangster and mass murderer who oversaw construction of the original Flamingo in 1946.

Siegel, who was himself murdered by erstwhile chums less than a year later, seems like an odd candidate for a sincere memorial, but what else do you expect from Las Vegas? At least he never got his hands on an atomic bomb.

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