Tag Archives: gambling

Gambling Sites Again Spike Impeachment Odds

CNBC reports: Odds are that President Donald Trump will survive a growing brew of controversies, but bettors see his chances declining by the minute. Online wagering sites have been busy taking bets on whether the 45th president will make it through the year. As the heat has intensified, more action has been going toward expectations that he will be impeached ...

Read More »

ATLANTIC CITY: Trump Taj Mahal Casino Closes

USA Today reports: The Trump Taj Mahal, an iconic casino hotel on the Atlantic City boardwalk, ceased operations Monday after hemorrhaging losses for years and negotiations with employees’ union broke down, according to its owner, billionaire investor Carl Icahn. The shutdown, which leaves 3,000 employees out of work, was widely expected after its management announced the planned closure in August. ...

Read More »

Trump Taj Mahal To Close After Labor Day

From the Atlantic City Press: Trump Taj Mahal is set to close its doors after Labor Day weekend, according to a Wednesday statement from Tony Rodio, President and Chief Executive Officer of Tropicana Entertainment. Rodio said the ongoing Unite Here Local 54 strike played a role in making the decision. “Currently the Taj is losing multi-millions a month, and now ...

Read More »

Fox News: Buy All The Lottery Tickets You Can Afford

Business Insider, shockingly, says this a terrible strategy. They write: On Monday morning, liberal media watchdog group Media Matters tweeted a screenshot from a Saturday Fox and Friends segment advising a simple strategy for maximizing your chances of winning the lottery: Buy as many tickets as you can afford. This is technically true. Buying more lottery tickets does increase your ...

Read More »

Powerball Soars To World Record $1.3 Billion

Sorry kids, you’re going to work tomorrow. The Independent reports: America awaits its first lottery billionaire, after the Powerball jackpot rollover hit a world-record figure of $1.3 billion. No one won Saturday’s $949.8 million jackpot on 9 January, already the biggest in US history. Strong ticket sales, fueled by excitement over the enormous sum, have driven the prize money up ...

Read More »

$70B Spent On State Lotteries Last Year

Via the Atlantic: According to the North American Association of State and Provincial Lotteries, lotteries took in $70.1 billion in sales in the 2014 fiscal year. That’s more than Americans in all 50 states spent on sports tickets, books, video games, movie tickets, and recorded music sales. The national average hides a lot of variance among the states. In North ...

Read More »

IRELAND: 6/1 Odds For Gay Marriage

Ireland’s same-sex marriage referendum is being given a 6/1 chance of passage by bookmakers Paddy Power. The controversial gambling outfit, which operates hundreds of betting parlors across Ireland and Great Britain, made international news in 2012 with the announcement that bets on Obama winning a second term would be paid out on the day before the election. Paddy Power regularly ...

Read More »

John Oliver On The Lottery

“Last year Americans spent more on the lottery than they spent on movie tickets, music, porn, major league baseball, the NFL, and video games combined.”

Read More »

World Cup Jesus Sparks Outrage

As the World Cup prepares to start in Rio De Janeiro, an Australian betting site is floating a massive hot air balloon in the shape of the iconic Christ The Redeemer statue in the skies of Melbourne. Local Christian groups are outraged: “This is extraordinary, if they knew anything about Jesus they’d know he’d be overturning tables in the gaming ...

Read More »

Liberty Counsel Wins At Fairyhouse

JMG reader Gerard tips us that a horse named Liberty Counsel won today’s Irish Grand National.  At a racetrack named Fairyhouse.  The odds were 50/1, better than the US Liberty Counsel’s chances of thwarting LGBT equality.

Read More »

FLORIDA: Lt. Gov. Jennifer Carroll Resigns Amid Racketeering Investigation

Florida GOP Lt. Governor Jennifer Carroll resigned today immediately after police questioned her regarding her involvement with a non-profit group that is being investigated in a federal racketeering probe. Carroll took office in 2010 as Tea Party hero Rick Scott’s running mate.  The group in question, Allied Veterans, runs dozens of internet cafes that apparently permit internet gambling. Officials from ...

Read More »

Gambling On The Next Pope

Above are the current odds on Intrade. Tim Dolan is way down the list at 2.1%.

Read More »

SAN DIEGO: Former Mayor Strikes Deal To Repay $2M Embezzled From Non-Profit

Former San Diego Mayor Maureen O’Connor has struck a deal to repay $2 million to a non-profit ceated by her late husband. O’Connor allegedly took the money to feed a billion dollar gambling habit. O’Connor, 66, appeared in federal court and pleaded not guilty to a charge of misappropriating the funds as part of a deferred prosecution. Under the arrangement, ...

Read More »

Betting On The Next Pope

The Irish online gambling site Paddy Power is taking bets on the next pope and has set odds on the cardinals they consider to be the top contenders.  Bettors on the site, for the moment, are favoring a Canadian. Canadian Cardinal Marc Ouellet is 5/2 market leader to be elected as the next Pope. He is Prefect of the congregation ...

Read More »

Engaged Lesbian Wins Poker Tourney

Out pro poker player Vanessa Selbst, who is engaged to be married, just won over $1.4M at the PokerStars High Rollers Tournament, beating an all-male field of players. The talk before the High Roller final was of the record Vanessa Selbst looked certain to break. Selbst, 28, would become the highest-earning woman in poker if she finished fifth or better, ...

Read More »

Intrade Boots Americans

The popular online gambling site Intrade has told Americans to close their accounts after U.S. regulators charged it with “facilitating bets on future economic data, the price of gold and even acts of war.” Hours after the Commodity Futures Trading Commission filed a complaint in federal court, Intrade posted in its user forum and on its news page that it ...

Read More »

IRELAND: Bookmaker Pays Out Early On “Guaranteed Win” By Obama

The Irish bookmaker Paddy Power, who has a reputation for controversy, today published a half-page newspaper ad announcing that gamblers who bet on Barack Obama would get their winnings today.  The above message in the Irish Times is raising a lot of eyebrows, but is certainly less scandalous than when Paddy Power offered odds on whether Obama would be assassinated ...

Read More »

NYT Reacts To Nate Silver’s Bet

Two days ago polling prognosticator Nate Silver offered to make a $1000 election bet with MSNBC host Joe Scarborough.  Silver’s overlords at the New York Times are taking a dim view. From their Public Editor Journal: Whatever the motivation behind it, the wager offer is a bad idea – giving ammunition to the critics who want to paint Mr. Silver ...

Read More »

Web Gamblers Put Money On Obama

Embiggen the above chart to see the betting trend on the Intrade gambling site.

Read More »

California’s Lottery Cam Is Watching You

Your dream of changing your name and vanishing into the ether with your winnings won’t happen in California, where lottery officials have published surveillance video of a big winner checking his ticket. “We see this as an integrity and transparency issue,” said Russ Lopez, California Lottery Deputy Director of Corporate Communications, in a statement. “The California Lottery truly believes that ...

Read More »