Online Gambling Found to Boost Local Land-Based Casinos
Whenever a new country or jurisdiction, such as a US State, floats the idea of legalizing online gambling, there is always a backlash from the land-casino industry over fears that it will take away from their business. However, a new report commissioned by iDEA (iDevelo...
Las Vegas Baccarat Revenue Continues to Rise
Recent times have seen a great deal of negative financial news from Las Vegas. For instance, in January this year, revenue was down 3.8% year-on-year from the famous Las Vegas Strip. However, there has also been an increase in baccarat play, which has given economists a...
Super Bowl Players Were Banned from Baccarat While in Vegas
Ahead of last month’s Super Bowl LVIII, in which the Kansas City Chiefs defeated the San Francisco 49ers, the NFL came under a great deal of criticism for its rules on gambling. To summarize, players from both teams were forbidden from participating in any form of gambl...
Mistake on Powerball Website Leads to $340m Lawsuit
A Washington DC resident is suing the Powerball lottery after he was denied a $340 million jackpot despite the fact that his numbers matched those displayed on the lottery’s website. John Cheeks bought his Powerball lottery ticket on January 6 and he selected a set of n...
How Ian Fleming Chose Baccarat for James Bond
It is well known that James Bond’s favorite casino game is baccarat, but have you ever thought about why Ian Fleming, the creator of the world’s most famous spy, chose baccarat rather than another casino game? While it is hard to give a definitive answer, there are a nu...
Online Gambling Sites Used to Launder Proceeds of Crime
A warning has been issued by Canada’s financial intelligence agency that criminals are using online gambling sites to launder money. In a recent bulletin, the Financial Transactions and Reports Analysis Centre of Canada (Fintrac) explained that gambling sites often unwi...