Vegas gambling guide: How the law of averages works

USA Today – Ask a mathematician or a casino owner if you can win gambling in a casino, and the truthful answer is yes, but almost always only in the short run. Unless you’re a professional player who only plays with the long-term edge on your side, the longer you play, the more certain it is that you will lose. People get funny ideas about the way gambling works. In casinos there are games of chance (roulette, craps, keno, bingo, slots, baccarat) and games of chance and skill (poker, blackjack, video poker). A game of chance is like flipping a…

Why UK punters reckon online gambling ads miss the mark

Marketing Magazine – 67% of UK consumers are concerned over the volume of online gambling advertising, while only a fifth of the populace believed that online gaming brands target the right audience, according to research from IgnitionOne. The ‘Betting on Digital’ report was commissioned by digital marketing technology specialist IgnitionOne, which worked closely with ComRes and surveyed 2,000 UK consumers. To gain a perspective from the gaming firms themselves, IgnitionOne also conducted in-depth qualitative interviews with 11 senior marketers from the online gaming sector. A quarter (23%) of British adults said they gamble online, including 28% of men and 18%…

Uefa and Europol join forces in anti-corruption effort

iGaming Business – European football’s governing body Uefa has signed a Memorandum of Understanding (MoU) with Europol, the European Union’s joint police body, in an attempt to bolster its campaign to stamp out match-fixing in the sport. Under the MoU, both organisations will provide expertise and constant consultation in the areas of match-fixing and related organised crime, as well as the exchange of information and know-how related to these issues. Uefa and Europol will work together on joint activities and in implementing relevant projects, in addition to exchanging information on suspected match-fixing cases and the methods used by both individuals…

Gambling on presidential elections in Nevada gets support

CBS News – In Las Vegas, it’s legal to bet on a horse race, but not the race for presidency. That could change if state Senator Tick Segerblom has his way. Segerblom said he wants a law allowing Nevada casinos to make room for people who want to pick win, place or show on America’s top political job, “especially when you have an industry like we have here in Nevada. We bet on everything.” Turns out his idea isn’t so new after all. In the early 1900s gambling on candidates was illegal, but Americans gathered outdoors in New York City…

Tony G Joins The European Parliament

Calvin Ayre – Tony G has been elected as a member of European Parliament, after his pro-European Liberal Party won two seats, with the PokerNews founder holding most of the votes. It’s believed that over 400 million people voted in the 8th parliamentary elections to be held, since polling began back in 1979, and Tony G will now serve a five-year term that almost certainly puts him out of the poker frame for the foreseeable future. “Today, we made history in Lithuanian politics,” Tony G told the associated press, “For the first time Liberals have won two seats in the…

Police union: Banning online gaming will not work

The Hill – The national police officers union is telling Congress not to impose a nationwide ban on online gambling. “We cannot ban our way out of this problem as this would simply drive online gaming further and further underground and put more and more people at risk,” Fraternal Order of Police National President Chuck Canterbury wrote to heads of the House Judiciary Committee last week. “Not only does the black market for Internet gaming include no consumer protections, it also operates entirely offshore with unlicensed operators, drastically increasing the threat of identity theft, fraud or other criminal acts.” The…