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Keeneland Fall Yearling Sale

Eleven days ago  I covered the first two days of the Fall Yearling Sale. Today we wrap up all thirteen sessions for 2016. The sale was a mixed bag. At the top end only nine horses sold for a million… Read more

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Casinos Ignite Indian War

War between Indian tribes was pretty much confined to the nineteenth century and earlier until the advent of casinos. It has returned, but this time fought in the courts rather than on the prairies or in the woods. The Grand… Read more

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Are 12 Step programs successful?

There has been controversy over how successful 12 step programs are. Early proponents claimed that they were as high as 50%. Some critics have suggested they are ineffective, helping only 5% overcome an addiction. There are many 12 step programs… Read more

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Why Sheldon Adelson Opposes DFS

Sheldon Adelson is the owner of the largest gambling empire in Las Vegas, the Sands. He is the main mover behind the $1.9 billion football stadium planned for Las Vegas and the move of the Oakland Raiders to Las Vegas…. Read more

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Types of Legal Gambling and the rates of Gambling Behaviors

The June 2016 issue of the Journal of Gambling Studies carried an article about the relationship between availability of legal gambling and gambling problems. Five authors contributed to the article and the results were pretty much what you would expect…. Read more

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First three days of the Keeneland Fall Yearling Sale

Today, I am noting some interesting bits from the first three days of the Keeneland Fall Yearling Sale. The first day held no surprises. Buyers were still looking for good horses at moderate prices. Only one horse sold for a… Read more

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Australian Children Influenced by Gambling Ads

Deakin University researchers found a big impact of gambling ads upon children watching football games (we call it soccer) on TV. The kids understand the various betting options during a game and have the impression that if you play the… Read more

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A new wave of gambling may be coming through eSports

If you are not a regular player of video games then you are probably unaware of eSports. This word represents competitive video gaming, complete with tournaments, leagues, professional level players, large prizes, teams and even cheating. There is also betting… Read more

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Online Lotteries

Did you know that you can play several lotteries without leaving the comfort of your home? Of course, you can play Powerball and Mega Millions online without having to wait through those long lines when the prizes get into the… Read more

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Virginia Fantasy Sports Innovation

One Virginia company is trying to remove the biggest complaint about Daily Fantasy Sports: the wealthy players who dump a thousand entries into the pot every day and dominate the winners. Virginia has legalized the games and passed some fairly… Read more

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Blog No 88 Ohio Losses

Ohio now has four large casinos, racinos at seven racetracks and a large lottery. Over the past four years Ohioans have bet $62.9 BILLION at these venues. They lost $9.7 BILLION meaning that 84% of what was bet was returned… Read more

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New York State Approves Daily Fantasy Sports

New York State approved daily Fantasy sports and allowed the DFS companies to resume play on August 22. The New York Gaming Commission notified five companies, Fan duel, Draft Kings, Yahoo, Fantasy Draft and Draft that they could begin processing… Read more

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Italy Expands Gambling and Damages Economy

Italy provides a cautionary tale about where the ever expanding American gambling efforts are leading us: recession and a gambling addiction disaster are the end result. Italy has reached the desperation point after two decades of expanding gambling. At first… Read more

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Italy Expands Gaming and Damages Economy

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Italy Expands Gambling and Damages the Economy

Italy provides a cautionary tale about where the ever expanding American gambling efforts are leading us: recession and a gambling addiction disaster are the end result. Italy has reached the desperation point after two decades of expanding gambling. At first… Read more

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Federal Court Blocks New Jersey Attempt to introduce Sports Betting at Casino and Tracks

New Jersey’s plan to legalize sports books at casinos and racetracks was rejected by the United States Court of Appeals, which upheld the Professional and Amateur Sports Protection Act which prohibits authorizing sports betting. Of the twelve justices hearing the… Read more

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Las Vegas tightens its belt, and yours too

And you thought that just those playing the daily sports fantasy games, or the lottery’s new Keno games, or the new casinos in Massachusetts, or the casinos at the racetracks were the only ones being hurt. Not so. Las Vegas… Read more

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Petition drive fails for casinos at the tracks

Secretary of State John Gale announced Thursday August 11 that a propose constitutional amendment to allow casinos at the horse tracks fell short of qualifying. Thirty-five percent of the 120,000 signatures submitted were invalid because they were not registered voters,… Read more

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Alabama considers a lottery

The Republican Governor of Alabama has asked the legislature to approve a referendum on a lottery. He says the legislature has refused to reduce spending or raise taxes, and the state is facing an $80 million shortfall. The Christian Science… Read more

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Indian Property Rights

Naomi Schaefer Riley wrote an appeal for Indian property rights, so they can borrow to establish businesses, in the July 27 issue of the Wall Street Journal. For the last three decades about all they could do to make money… Read more

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Meaning of the “duty of care”

The West Virginia Supreme Court recently ruled that casinos and suppliers of gambling technology have no “duty of care” to their customers. West Virginia joins Indiana in declaring that casinos have no responsibility to their patrons and cannot be sued… Read more

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DFS slips through the MA Legislature

Daily Fantasy Sports legislation slipped through the Massachusetts Legislature, tucked in a popular development bill.  Proponents slipped it into a bill the legislature wanted to pass. Massachusetts became the eighth state to legalize DFS games, although the governor still has… Read more

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National Week of Action to Stop Predatory Gambling Sept 25 through Oct 1

National Week of Action to Stop Predatory Gambling is Sept 25 through Oct 1. One of the major actions that week is to organize more than 200 local screenings of the new film “Out of Luck” across the United States… Read more

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High Tech Wagering

You will never guess how high-tech wagering in entering the US. Through horse-racing!!! Only New Jersey has approved it so far, although it has also passed the California and New York Legislatures, although the tracks are resisting. You can bet… Read more

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Comments on workplace theft

A new study has been conducted of workplace theft in Australia. A special focus of the study was of medium sized businesses where the theft involved cash, electronic fund transfers and false invoices for goods never received. Fast growing businesses… Read more

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Churchill Downs continues to proper, but not with horse racing alone

Of the 64% of Americans who gambled on something this past year, only 7% gambled on horse racing. Yet Churchill Downs enjoyed a record setting second quarter with revenues of $438.5 million, up 7% over last year. By holding expenses… Read more

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Federal judge rules against MA tribe seeking casino

A Federal judge ruled on Tuesday, July 26 that the Mashpee Wampanoag tribe inappropriately received permission from the Department of the Interior to build a billion dollar casino near Taunton, MA. The judge ruled that since the tribe was not… Read more

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Gallup Poll on Gambling

A new Gallup poll on gambling habits was conducted by phone with 1025 participants. The headline draws the wrong conclusion from data that shows that the percentage of lottery players is larger at higher income levels. From this the reporter… Read more

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Graphic Presentation or video: does it matter?

The Franklin Circuit judge ruled that a graphic representation is as good as a video and does not affect the issue before his court which is whether the gambling is pari-mutuel. In one small concession to The Family Foundation, Judge… Read more

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Australian Sports Betting

Sports betting is legal in Australia, unlike the US where it is legal in only four states, although widely practiced in many other states by means of fantasy sports sites. In Australia, as a result, there are serious concerns about… Read more

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Skill Based Slots

The next wave of slots will have an element of skill involved, which will slightly increase the player’s chance of winning. The goal is to entice younger players who largely shun regular slot machines.   The difficulty is to provide… Read more

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New gambling for kids

Now we have a “weird” new $2.3 billion gambling game involving garish virtual assault rifles. The latest scandal involves “video game weapon skins” available to any age including kids using parents credit cards. The video gaming world based on “Counter-Strike:… Read more

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Kids and Simulated Gambling Games

Australia is frequently ahead of the US in developing gambling problems, because gambling is so readily available there. The latest report from the Australian Gambling Research Centre   indicates the popularity of simulated gambling games has been growing, with a third… Read more

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Fasig Tipton Crashes

After Monday’s promising Fasig-Tipton sale, the realities of the horse racing market returned with a thud. The few horses with the right pedigree and a strong physical appearance drew active bidding and good prices. The rest of the field with… Read more

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Electronic Gaming Machines and Domestic Violence

For several years the relation between various gambling venues and domestic violence has been established in several studies. This particular study investigates the relation between electronic gambling machines and domestic violence reports by postal codes in Australia. The study used… Read more

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Lottery Rigging

U.S. Senator John Thune, a Republican from South Dakota, has sent a letter demanding a hearing to the leaders of the Multi-state Lottery Association. He claims the lottery association has done little to assure that the theft cannot occur again…. Read more

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Battle of kottery game suppliers

In a display of just how competitive and nasty the lottery business can be an employee of Scientific Games in Alpharetta, Georgia downloaded thousands of computer files, which included intellectual property, trade secrets, contracts, marketing and sales plans and data… Read more

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Atlantic City Casinos

Atlantic City was reduced to eight casinos after it lost four in 2014 and 2015. It is supposed to get back to nine as The Revel was to reopen on June 16. I have yet to find where that is… Read more

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Results of the expansion of racinos

Two decades ago there were only a handful of racinos and the tracks were enjoying their best days. In the intervening years the tracks pleaded that they needed slots at the tracks to remain viable. Over the past twenty years… Read more

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Need for legislatures to rein in the excesses of casinos

Former President Bill Clinton once floated the idea of a 2% federal tax on casinos. He drew such a storm of criticism from gambling governors and casino owners that there were two results. Clinton withdrew his proposal and the American… Read more

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