From the monthly archives:

December 2009

The Losing streak to beat all losing streaks

by admin on December 31, 2009, 8:47

You may have heard about high rollers at casinos but to lose getting on for €85 million in one year must take some doing but that is exactly what Terrance Watanabe managed at two of Harrahs Las Vegas casinos in 2007. Mr. Watanabe 52 from Omaha Nebraska acquired the money after selling up the family toy import firm but it is believed that the time spent at Caesars Palace and Rio Casino has eaten up most of his fortune. It has hit the news now because although Mr. Watanabe paid around €75 million of his debt he refuses to pay the remaining €10 million claiming that the casino was responsible for his losses by keeping him supplied with drink and other medication as part of a plan to keep him gambling and indeed for allowing him to play while drunk which is in violation of gambling rules. [click to continue…]

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WSOP 2010 schedule announced

by admin on December 30, 2009, 8:29

There are Poker players who enjoy a game for fun and then there are Poker players who make or try to make a living at playing the game. The very large majority are the fun players who dabble in the online casinos and have a lot of fun for very little outlay but for the serious players the highlight of the poker year has got to be the World Series of Poker (WSOP) and the schedule for the 41st edition has just been announced by Harrah’s. The tournament will take place in the Rio Al Hotel & Casino in Las Vegas starting with registration on May 27th with the first game the following day and ending on July 17th 2010. [click to continue…]

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Pensioners and Dole recipients in Australian Money Laundering investigation.

December 29, 2009, 9 15

The Australian Crime Commission (ACC) believes that millions of dollars are being laundered through casinos by none other than unemployed people or pensioners. Chief Executive John Lawler believes that organised crime is involved in “high level gambling activity” in otherwise legal casinos. At least 15 people have been identified but there must be many more; [...]

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Seven Irish bookmakers join forces to set up an online site.

December 28, 2009, 8 52

Setting up and operating an online gambling business can be an expensive and time consuming business which precludes a lot of small independent bookmakers from participating; it is not only the initial outlay but also the 24/7 support, the obtaining of licenses and the software required that make it difficult. Now seven small independent bookmakers [...]

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Students are a vulnerable group for gambling addiction.

December 27, 2009, 9 44

According to Gamcare the charitable helpline for excessive gambling they are seeing more and more university students making contact who have run up  gambling debts to the extent that they can no longer afford the equipment and books needed for course work or even to buy food. If we consider the circumstances surrounding these young [...]

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Did you play computer video games when you were younger?

December 26, 2009, 9 27

In a recent survey of thousands of poker players it appears that there is a definite link between the fact that they now play poker and in their younger days played video games on the computer. This applies not only to online poker players but also those that play regularly live or in tournaments and we [...]

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