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.
Gambling website violates state law, court rules
Gambling website violates state law, court rules
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 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.
US Gambling Operators Interest in Playtech
The CEO of Playtech , one of the world's leading gambling software providers, has said in an interview that his company is receiving increasing interest from gambling operators in the United States as the country heads toward online gambling regulation.
Missouri-St. Louis placed on NCAA probation - GolfWeek
ST. LOUIS – The NCAA slapped the University of Missouri-St. Louis with two years of probation Friday, saying the former golf coach at the Division II school violated anti-gambling rules by running a ...
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 ...
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 ...
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
India mulls 'legalising gambling' amid cricket scandal
The Indian government is looking at proposals to legalise the country's multi-million-dollar underground gambling market to tackle corruption in cricket, according to a newspaper report Sunday.
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.
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 ...
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