Articles by: Susan Sutton

FanDuel Back-Pedals, Agrees to Pay Bettor $82K

FanDuel Back-Pedals, Agrees to Pay Bettor $82K

After creating controversy with its decision not to honor a fan’s bet after a glitch in the live odds-making system, FanDuel back-pedaled to avoid the negative publicity. The Newark resident will now receive $82,610 in winnings that should have been paid out according to the 750-1 odds displayed on his […]

by · September 21, 2018 · News
Gambling Monkeys Prefer High-Risk Bets in New Study

Gambling Monkeys Prefer High-Risk Bets in New Study

Scientists have revealed an area of the brain associated with high-risk behavior after conducting a study on two gambling monkeys. Interestingly, they managed to teach them odds and found out that the monkeys preferred riskier bets and bigger rewards. During the experiments, researchers noticed that when given the option for […]

by · September 21, 2018 · Events & Reports
Zack Milchman Leads 69 Survivors to WSOP Circuit $400 NLH Monster Stack Final Day

Zack Milchman Leads 69 Survivors to WSOP Circuit $400 NLH Monster Stack Final Day

WSOP Circuit regular Zack Milchman returns as a chip leader for the final day of $400 NLH Monster Stack tournament, which is currently underway at Seminole Casino Coconut Creek. This is the sixth event of the poker festival where a total of twelve WSOP gold rings would be given along […]

by · September 20, 2018 · Lifestyle
Pennsylvania Lifts Ban on Gambling Contributions

Pennsylvania Lifts Ban on Gambling Contributions

The law that prohibited casino operators and employees in Pennsylvania to contribute to political campaigns has been officially lifted. In a state, where the commercial casino revenue is second only to Nevada’s, the move gives the gambling industry a lot of political influence and lobbying power. On Wednesday, U.S. District […]

by · September 20, 2018 · News
New Bill Envisions Legalized Sports Betting in DC

New Bill Envisions Legalized Sports Betting in DC

Several states have already legalized sports betting after the historic United States Supreme Court decision in May, which deemed the Professional and Amateur Sports Protection Act (PASPA) unconstitutional. The next region to allow sports wagers may easily become Washington D.C. as a new bill was introduced Tuesday. The legislation was […]

by · September 19, 2018 · Events & Reports
Kenya President Plans to Cut Gambling Tax to 15%

Kenya President Plans to Cut Gambling Tax to 15%

The tax on gambling remains a hot issue for Kenyan politicians as President Uhuru Kenyatta rejected the Finance Bill 2018 and proposed to cut the tax from 35% to 15%. Until the Bill is signed, the Treasury would not release funding for local sports bodies, including salaries and renovations-related expenditures. […]

by · September 18, 2018 · News
Visitor Numbers at MGM Springfield Exceed Expectations

Visitor Numbers at MGM Springfield Exceed Expectations

The number of daily visitors at the recently opened MGM Springfield has been around 50,000 on average during weekends and approximately 25,000 on weekdays, which significantly exceeds expectations. Revenues have also been higher than initial projections, casino officials told state regulators. MGM Springfield, a $960 million investment by MGM Resorts […]

by · September 17, 2018 · News
Ryan Weiss Takes First Ring at WSOP Circuit Coconut Creek $400 NHL Re-Entry

Ryan Weiss Takes First Ring at WSOP Circuit Coconut Creek $400 NHL Re-Entry

Defeating more than 1,200 poker players, Ryan Weiss took down the second event during 2018/2019 WSOP Circuit, which is currently running in Seminole Casino at Coconut Creek. Along with the championship title, he also cashed in $70,713 and took home the first WSOP ring in his career. Weiss was one […]

by · September 17, 2018 · Lifestyle
Man Who Cracked Roulette and Won Millions Dies at 86

Man Who Cracked Roulette and Won Millions Dies at 86

Medical researcher Richard Jarecki who cracked roulette in the 1970s, winning millions of dollars in European casinos, died on July 25 at the age of 86. Taking advantage of flawed roulette wheels, he became legendary among gamblers and a threat to some of the most popular casino facilities in Monte […]

by · August 10, 2018 · News
Despite Positive Outlook for Macau, US-China Trade War May Impact Gambling Revenues

Despite Positive Outlook for Macau, US-China Trade War May Impact Gambling Revenues

The International Monetary Fund expects Macau to become the richest place in the world by 2020, overtaking oil-rich Qatar as the jurisdiction with the highest GDP. Meanwhile, the trade war between China and the United States continues to escalate and some experts forecast a negative impact on gambling revenues in […]

by · August 10, 2018 · News
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