Category: Gambling Feature Stories
How do bookies make money on sports betting?
Marketplace – Like everybody else, bookmakers in Vegas know the Broncos are great and the Jaguars are awful. They don’t know what the final score will be. But they don’t have to predict the future to make money. In fact, Christopher Avery, a Harvard economist who published a widely-cited study about the NFL betting line, says the spread doesn’t reflect exactly how bookmakers expect the game to turn out. “The people who are setting the point spread are not trying to get the point spread right, in the sense of it’s the best guess about how the game will turn out,” he says. “They’re trying…
Why is online ‘gaming’ fun but online ‘gambling’ shady?
Futurity – Whether you think online betting is innocent entertainment or a shady activity may have to do with what you call it, according to a new study that shows how industry labels help shape consumer attitudes. “Changing an industry label from gambling to gaming affects what consumers, especially nonusers, think of betting online,” write Kathy LaTour, associate professor of services marketing at the School of Hotel Administration at Cornell University, and Ashlee Humphreys of Northwestern University’s Medill School of Journalism, in a study published online in the Journal of Consumer Research. “A label like gaming prompts all sorts of…
Can Gambling Machines Prevent Addiction?
Scientific American – Forget the simple nickel slots of yesteryear. Today’s digital slot machines and poker screens in casinos and at online gambling sites are capable of amassing a wealth of behavioral data on individual players, and they are on the verge of altering game play on the fly. As the software becomes increasingly capable of “thinking” like the gamblers themselves, experts in the gambling research community are working to create machines that will identify and assist problem gamblers, rather than simply pushing players deeper into a financial hole. Researchers at the University of Brescia and other institutions in Italy…
Man charged with killing brother after poker game goes bad
M Live – 44-year-old Flint (Michigan) man is accused of killing his brother after an argument over a poker game, prosecutors say. Andre L. Moore is charged with open murder, two counts of felony firearms and felon in possession, according to John Potbury, spokesman for Genesee County Prosecutor David Leyton. Jeffery Bernard Moore Sr. was shot in the chest around 5:15 a.m. in the 600 block of West Hamilton Avenue. A group of men were over at Moore’s house playing poker when his brother, Jeffery Bernard Moore Sr., was caught cheating, Potbury said. Andre Moore became upset and kicked everyone…
Locaid Pioneers Location-Based Mobile Gambling
Press Release – Locaid is the world’s largest LaaS (Location-as-a-Service) company. Locaid runs “location in the cloud” with the most robust, privacy-protected, Omni-Location™ platform available. Locaid can determine the physical location of your customers, employees or assets, anywhere, instantly. With a footprint that extends to over 4.7 billion connected devices across the globe, including network mobile location on over 400 million mobile devices, Locaid helps enterprises and developers be hyper-local, reduce fraud, increase productivity, gain consumer insight, comply with regulations, drive revenue and save lives. – SEE OUR INTERVIEW WITH LOCAID CEO, RIP GERBER Locaid is the largest and preferred…
Bulgarian Online Gambling Tax Reviewed
Online-Casinos.com – Bulgaria, is a country located in Southeastern Europe bordered by Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east. This country of 7.3 million people has been experiencing a downturn in the gambling industry. The number of gaming halls in the country has decreased by 33% in 2008-2013. While in 2008 their number was 975, it has decreased to 653 by the end of September in 2013. Angel Iribozov, the Chairman of the Bulgarian Trade Association of Manufacturers and Operators in the Gaming Industry…
















