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Terrance Watanabe Loses $200 Million In Vegas

AOL News | Posted 05.25.2011 | Home

Anyone who wants to claim the title of biggest loser will have to deal first with the legacy of businessman Terrance Watanabe. In a lawsuit filed las...

Is Wall Street Bluffing?

Lloyd Garver | Posted 05.25.2011 | Business
Lloyd Garver

Some Wall Street firms don't care if a new job applicant went to business school or studied finance. The firms are much more interested in how the young man or woman plays poker.

Fortune Valley Casino: $42 Million Jackpot Actually $20.18

Posted 05.25.2011 | Denver

An investigation by The Colorado Division of Gaming determined that the correct prize for a woman's $42.9 million slot machine jackpot is actually $20...

Allen Iverson Should Accept This Crisis as a Gift

Michael Burke | Posted 05.25.2011 | Los Angeles
Michael Burke

In the next few days and weeks we are going to be titillated with numerous stories of the devastation being suffered by Allen Iverson and his family because of his gambling and drinking.

Yesterday's News ... Or Is It?

Tim Donaghy | Posted 05.25.2011 | Sports
Tim Donaghy

Allen Iverson unraveled last week. His wife filed for divorce, the 76ers relieved him of his duties, his drinking problem was exposed, and like others -- like me -- gambling claimed his soul. But this isn't just last week's news; it's an opportunity.

Is Everyone Addicted To Something?

BJ Gallagher | Posted 11.17.2011 | Healthy Living
BJ Gallagher

We mood-alter with substances (alcohol, nicotine, caffeine, etc.) and activities (shopping, gambling, sex, work etc.) We are unable to simply be awake and present to life -- so we medicate our existential anxiety.

German Poker Heist: Armed Group Storms Tournament, Makes Off $1.36 Million Jackpot

Posted 05.25.2011 | World

SCROLL DOWN FOR VIDEO OF THE HEIST JUERGEN BAETZ, Associated Press BERLIN — A heavily armed group stormed a poker tournament in a German luxur...

Sex, Drugs & ADD/ADHD

Michael B. Laskoff | Posted 11.17.2011 | Healthy Living
Michael B. Laskoff

Call it what you like - ADD, ADHD, AD/HD, Attention Deficit Disorder (with or without hyperactivity) or Attention Deficit Hyperactivity Disorder. This...

Obama is Right: Don't Blow College Money in Vegas

Tom Matzzie | Posted 05.25.2011 | Politics
Tom Matzzie

The media who have breathlessly reported these statements need to get a grip. The controversy here is how Mayor Goodman could pretend to be in touch with the family values of millions of Americans.

Blackhawk Casinos Want To Pay Winning Gamblers Less In Black Jack

The Denver Post | Andy Vuong | Posted 05.25.2011 | Denver

The house usually wins. Now it wants to shell out less when it loses. Colorado's mountain casinos are asking regulators to lower the minimum payout on...

$2.5M Indiana Lotto Jackpot Goes Unclaimed

AP | CHARLES WILSON | Posted 05.25.2011 | Chicago

INDIANAPOLIS — Hoosier lottery players have been digging through their trash, scouring their cars and bringing fistfuls of old tickets, some in ...

Super Bowl for Good Guide: Spice Up Your Party and Help NOLA, Indy and Haiti in the Process

Jason Wojciechowski | Posted 05.25.2011 | Impact
Jason Wojciechowski

Today, gamble for a good cause. Follow the simple steps herein and your party-goers will be as enthralled from kickoff to the final whistle as an Indy or NOLA local.

Vegas Upset Over Obama's Double Put-Down

AP | OSKAR GARCIA | Posted 05.25.2011 | Politics

LAS VEGAS — President Barack Obama is known for having a way with words, but some lawmakers from Nevada wish he would pipe down about trips to S...

Video Poker: New Bill Could Penalize Towns That Ban Video Gaming

Posted 05.25.2011 | Chicago

A new bill filed in the General Assembly would withhold funds from capital projects in areas that ban video gaming. Video gambling was legalized by t...

It's Time to Teach Children About Money

Don McNay | Posted 05.25.2011 | Business
Don McNay

I'm convinced that most of the mistakes made handling money result from lack of information and bad habits formed in childhood.

David Stern's Misguided Musing

Roger I. Abrams | Posted 05.25.2011 | Sports
Roger I. Abrams

NBA Commissioner David Stern suggested last week that accepting legalized gambling as a part of the NBA product was a "possibility."

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...

Shawn Chacon, Former Rockies Pitcher, Arrested For Gambling Violations

AP | Posted 05.25.2011 | Denver

GREELEY, Colo. — Authorities say they have arrested former major league pitcher Shawn Chacon at a Colorado bowling alley on charges related to u...

Video of What To Do When You Win the Lottery

Don McNay | Posted 05.25.2011 | Business
Don McNay

This video of Greg Stotelmyer of ABC36 in Lexington, Ky interviewing Don McNay, author of Son of a Son of a Gambler: What To Do When You Win The Lo...

Going Broke in Albany, Part 3: Why We're Still Screwed

Will Schwartz | Posted 05.25.2011 | New York
Will Schwartz

I bet this Deficit Reduction Plan (DRP) won't last us through May. That's about six months before the next bout of calamity.

It's Time To Bet On Health Insurance Reform

Beau Friedlander | Posted 05.25.2011 | Politics
Beau Friedlander

The very nature of the health insurance industry is antithetical to its stated reason for being: helping people stay well and to get better.

Big Business Of Illegal Gambling (VIDEO)

Posted 05.25.2011 | Business

The $100 billion dollar world of illegal gambling is happening all around us and can carry dire consequences, according to a CNBC investigative report...

Shahien Nasiripour

Derivatives Just "A Sophisticated Form Of Gambling," U.S. Senators Say; Propose Bill Allowing State Gambling Laws To Apply | Shahien Nasiripour | Posted 05.25.2011 | Business

In describing the complex and little-understood world of derivatives trading as "a sophisticated form of gambling," three U.S. Senators proposed legis...