New Economy 101: Bankers, Bookies, and Gamblers
Productive investment in a farm, a factory, a restaurant, a retail store, a cleaning service, education, physical infrastructure, and much more increases the real wealth of the society. The proper function of the banker is to convert savings into productive investment. The role of the bookie is to calculate the odds and hold the bets of people who are gambling on the outcome of a race in which they have no other skin in the game. Gambling on which horse is going to win the Kentucky Derby produces no new value for society.
Mobile gambling to exceed $48-billion by 2015
ENGLAND -- Mobile gambling (gambling from mobile devices) could exceed $48-billion by 2015 a Juniper Research report published today in England suggests, The Canadian Press reported.
Gambling With the Lives of Children
They prepared for more traffic, extra crime, and gambling addiction. But officials in Bucks County say that while planning for the 2006 opening of Parx Casino in Bensalem, they never anticipated this.
Ala. court picks retired justice for bingo probe - AP - msnbc.com
The Alabama Supreme Court has chosen retired ... The Supreme Court's ruling in the VictoryLand case went in favor of the governor's gambling task force, which wants to confiscate the casino's machines. VictoryLand ...
Gambling Sites Lead Top Gains in July
Online gambling sites have led the way in July, ranking high against other websites for highest gains in US web traffic for the month. The data, from comScore Media Metrix service, found that online gambling sites recorded a total of 13.4 million unique visitors in July, up 11 percent from the total for June.
Gambling website violates state law, court rules
Gambling website violates state law, court rules
Ala. Supreme Court opens door for VictoryLand raid - AP - msnbc.com
... for the Governor's Task Force on Illegal Gambling to raid VictoryLand ... in Macon County. Any action by the task force had been on hold pending the Supreme Court's decision. Task force Commander John Tyson says ...
Mobile Gambling Wagers to Surpass $48bn by 2015, Spurred by Chinese Lottery - StreetInsider.com
the Japan Racing Association’s iPAT service had been responsible for the bulk of global mobile ... Other findings from the Mobile Gambling Markets report include: • End-users have eschewed multiplayer ...
Helge Fischer
cyborg gambling machine walks the streets, some will win, most will lose (@doingitwrong) http://bit.ly/ccuv33
– emily horne (birdlord) http://twitter.com/birdlord/statuses/22911423819
Gambling Halted And Casino Evacuated In Sin City After Bomb Threat - Casino Gambling Web
... also continually told the SWAT team negotiators to shoot him or he was going to blow up the casino. The delay in gambling did not come at a great time for Arizona Charlie's. Las Vegas casinos have experienced a ...
Why gambling, betting should be legalised in India
If the gambling is legalised in a controlled manner in India, thousands of crores (billions) of rupees in black money involved in the illegal gambling activity currently could be made available to the legal economy.
Down the rat hole of gambling: Lab rodents press for optimum strategy but lose on slots - The Globe and Mail
sept 2010
rat lab test....gambling and rewards
done - 12
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