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Twitch Policy Change Strikes a Blow to Illegal Cryptocasinos

September 29, 2022 | By: Emile Avanessian

Twitch has managed to build a well-known brand for itself. Some may know it as a platform on which popular gamers and esports competitors stream their play for an audience. Others may know it as the place to watch US National Women’s Soccer League matches online. Either way, chances are the majority of users don’t […]

UNLV Football Slot Machine Prompts Ethical Debate

September 8, 2022 | By: Heather Fletcher

The University of Nevada, Las Vegas (UNLV) football slot machine, Rebel Roller, “wins” every time. UNLV Rebels players, some of whom are under 21, pull the one-armed bandit to celebrate turnovers. Before the three reels even spin, the celebrating player already knows there’s no payout. Nothing. The visual prop doesn’t even spill out Gatorade. So […]

Economist Says Some People Gamble Because They Can’t Borrow Or Save

August 23, 2022 | By: Alex Weldon

Why do people gamble? Some people do it more than others, but it exists across all cultures. The reason for it can be tough to pin down, both psychologically and economically. As World Bank economist Sylvan Herskowitz puts it: The broad and persistent popularity of gambles with negative expected returns has presented a long-standing puzzle for […]

Lottery Winners Offered Free Financial Planning in Connecticut

August 16, 2022 | By: Heather Fletcher

Connecticut lottery winners may be the first in the nation to be offered free financial planning assistance, but Rob Simmelkjaer hopes they won’t be the last. He believes private online gambling operators, like DraftKings and Mohegan Sun Casino, may even want to consider adding the option, he tells today. Simmelkjaer, the board chairman of […]

Gambling Problem Hotlines Aren’t Online Casino Tech Support

August 14, 2022 | By: Heather Fletcher

Gambling problem hotlines are short on staff and money. So when online horse racing bettors dialed 1-800-GAMBLER recently with customer service complaints rather than gambling addiction issues, it would’ve been logical for call-takers to be irritated. Instead, operators were glad to hear from TVG Network gamblers who’d mistakenly phoned the hotline, says Keith S. Whyte, […]

Is Cryptocurrency Speculation Just Another Form of Unregulated Gambling?

July 28, 2022 | By: Alex Weldon

Whether or not you’re an investor yourself, you’re probably aware by now that cryptocurrencies have crashed in 2022. As of the morning of July 28, 2022, Bitcoin is selling for $23,115. Eight months ago, it was at an all-time high, north of $68,000. Ethereum has fallen from over $4,800 to around $1,600 in a similar […]

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