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Video Poker: A Bad Bet for Illinois

Rep. Jack Franks | Posted 05.25.2011 | Chicago
Rep. Jack Franks

I've filed a bill to repeal the Video Gaming Act, which allows places licensed to serve alcohol to have up to five video poker machines for patron use -- the equivalent of 60 new casinos in Illinois.

Fantasy Sports is Gambling? You Have No Idea.

Ron Shandler | Posted 05.25.2011 | Home
Ron Shandler

It seems that nobody sees the true irony in this story: The Fort Worth Star-Telegram reported that four employees of Fidelity Investments were fired f...

Las Vegas Sports Books lose some juice

LA Times | Lance Pugmire | Posted 05.25.2011 | Sports

However, on Oct. 25, Week 7 of the NFL season, the corporate types running the mighty Las Vegas sports books found themselves trapped in the unpleasan...

States Face Drop In Casino And Lottery Revenues For First Time | IAN URBINA | Posted 05.25.2011 | Business

Casinos and lotteries in most states are reporting a downturn in revenue for the first time, resulting in a drop in the money collected by state and l...

Poll Finds 40% Of Sports Reporters Gamble On Sports

Editor & Publisher | Posted 05.25.2011 | Media

Forty percent of sports reporters admitted in a recent survey to gambling on sports, while 5% said they had bet on sports they had covered....

The Lottery Question

Don McNay | Posted 05.25.2011 | Business
Don McNay

Everyone has dreams and desires but usually keep them hidden, back in the recesses of their minds. The lottery question gets those dreams and desires out in the open, on the front burner.

State Budgets Take Big Hit As Consumers Cut Back On Gambling | CONOR DOUGHERTY | Posted 05.25.2011 | Business

States' revenue from casinos, slot machines and lotteries is falling for the first time in many of the 48 states that have grown to depend on gambling...

Renegade and Dreams of My Absent Father

Don McNay | Posted 05.25.2011 | Media
Don McNay

Obama's election was not only a door opener for people of color. It also showed that people with absent dads, or no dad at all, can grow up and live in the White House.

Playing the Hand that Life Deals You

Don McNay | Posted 11.17.2011 | Healthy Living
Don McNay

I've dealt with hundreds of parents of special needs children. They take the hand that is dealt to them. And usually turn that hand into aces.

How Gamblers are Betting on Palin's Move

Keith Thomson | Posted 05.25.2011 | Politics
Keith Thomson

The news of Sarah Palin's resignation reached gamblers during a busy holiday weekend. Still, somehow, they found time to handicap and place a flurry of online bets regarding Palin's future.

Gambling with Ohio's Future

Kelley Bell-Wenzlaff | Posted 05.25.2011 | Politics
Kelley Bell-Wenzlaff

Ohio is facing one of the worst budget crises in its history and instead of rolling up their sleeves to hash out a budget, the politicians are rolling the dice in an epic game of fool the public.

US Internet Gambling Regulations Angers EU

GlobalPost | Posted 05.25.2011 | World

SAN FRANCISCO The European Union recently took a shot at the United States in little-noticed trade war over internet gambling, charging that the Unite...

Fear and Looting in America: Is President Obama a Financial Wimp?

Les Leopold | Posted 05.25.2011 | Business
Les Leopold

We cannot thrive or even survive in an economy that only moves money around instead of producing tangible goods and services.

Daddy's Little Shill: Memories of a Gambler's Daughter

Lea Lane | Posted 11.17.2011 | Healthy Living
Lea Lane

Before I tell you how, as a two-year old, I was my daddy's shill, let me tell you a bit about him. Daddy was a "professional gambler," if betting dail...

New Ways to Think About Guilt: Inside the Human Brain

Srinivasan Pillay | Posted 11.17.2011 | Healthy Living
Srinivasan Pillay

The message here is that although we may be fixed in the ways in which we handle guilt, we can teach our brains to become smarter about how we handle our desires.

Chicago Gambling: City, Waukegan Could Get New Casinos

CBS 2 Chicago | Mike Flannery | Posted 05.25.2011 | Chicago

There is a new push to expand gambling across the state, including Chicago, sources tell CBS 2 Political Editor Mike Flannery. The deal for gambling ...

How to Pick and Bet on a Kentucky Derby Winner

Don McNay | Posted 05.25.2011 | Business
Don McNay

When I go to the track, I don't look at the racing form, jockeys, past history or pick horses with funny names. I usually win enough money to pay for lunch.

How Tim Geithner Can Guarantee a 43% Return on Your Money This Year

Keith Thomson | Posted 05.25.2011 | Politics
Keith Thomson

I asked one of America's foremost horse racing handicappers to take time out from the grandstand and bet on political outcomes. What's his line on Geithner?

Powerball Jack and the Wall Street Bailout

Don McNay | Posted 05.25.2011 | Business
Don McNay

If the people on Wall Street knew that no one would ever be there to bail them out, ever again, they would be less inclined to gamble with instruments they don't really understand.

States Selling Addiction: "Why Not? We Need the Money!"

Stanton Peele | Posted 05.25.2011 | Home
Stanton Peele

Our financial and emotional needs now dictate that state governments sedate their citizens, while picking their pockets, from California to Kansas to the Mid-Atlantic.

Floridians Turn To Blackjack To Recoup Lost Savings

United Press International | Posted 05.25.2011 | Business

The head of the Florida's compulsive gambling council says a growing number of state residents are attempting to recoup personal loses through blackja...

Will Kate Winslet Cry When She Wins the Oscar?

Richard 'Skip' Bronson | Posted 05.25.2011 | Entertainment
Richard 'Skip' Bronson

At the Oscars, much like the Super Bowl, people all try to predict the winners. Here are the latest odds on the big categories along with a couple of interesting "Proposition Wagers."

Betting on America

Roger I. Abrams | Posted 05.25.2011 | Entertainment
Roger I. Abrams

Sports can be part of the solution -- one of the largest portions of the underground (and untaxed) economy involves sports gambling.

Wanna Bet on the Inauguration?

Richard 'Skip' Bronson | Posted 05.25.2011 | Politics
Richard 'Skip' Bronson

To mark the inauguration of Barack Obama as the 44th president, Irish bookmaking chain Paddy Power is offering a wide range of Obama-themed betting opportunities. Here are the odds.

Indian Man Gambles Wife In Card Game -- And Loses

The Times of India | Posted 05.25.2011 | World

LUCKNOW: A mother of two young children has gone into hiding after her dissolute husband wagered her in a card game and lost. "Tumko hum juen mein...