Gambling Gods Giveth Then Taketh Right Back In Gonzaga-TCU – OutKick

The end of TCU Horned Frogs vs. Gonzaga Bulldogs Sunday in the Round of 32 in the 2023 NCAA Tournament was like a gambling speedball. Regardless of which you side you bet, it was outrageous.

Gonzaga beat TCU 83-81 and the Horned Frogs covered as +4.5 underdogs. But how TCU cashed was bonkers. Just like the rest of this ridiculous tournament.

I mean, do you believe this s***? Gonzaga was anywhere from -4 to -4.5 favorites pregame depending on when you bet it. I gave out Gonzaga as -4 favorites earlier Sunday afternoon and it felt good at the end of the game.

Ill let you be the judge. TCU led 38-33 at the end of the 1st half but the Bulldogs took control in the 2nd half. Gonzagas biggest lead was 9 with 3:28 remaining.

Gonzaga got a key stop and C Drew Timme defensive rebound up 79-73 with :37 remaining before Timme was fouled. The Bulldogs were in the double bonus so Timme was on the line for two.

Timme missed the 1st and made the 2nd to give Gonzaga a 80-73 lead with 0:33 left on the clock. As a Gonzaga -4 bettor, I was pumped. It got even better when the Bulldogs got another stop and defensive rebound in TCUs next possession.

From here the nonsense begins. Gonzaga SF Julian Strawther craps his pants while inbounding the ball. Strawther BOUNCE passes it to TCUs Mike Miles Jr. and then fouls him at the rim to send Miles to the foul line.

Of course, Miles made both to bring the Horned Frogs deficit to 80-75. Then Gonzaga beat TCUs full-court press and SG Hunter Sallis got a breakaway dunk with :09 remaining to give Zaga a 82-75 lead.

Gonzaga -4/-4.5 looks good, right? Ehhh. No. Its never that easy in this racket. TCU charged down the court and banged a 3 to make the game 82-78.

The Bulldogs got fouled after inbounding the ball with less than :01 left to play. For a moment, I got excited. Gonzaga -4 was a freeroll with .07 seconds remaining and a Bulldog shooting two free throws. There is no way TCU covers.

It hurts to type out what happened and you already saw it. For the record, I hate TCU. Those clowns kicked me in the nuts in the College Football Playoff title game and then slapped me in the mouth Sunday.

This was the perfect ending for me in the 1st weekend of the NCAA Tournament. Most of my March Madness futures got nuked and I pretty much lit money on fire this weekend. Im done gambling. Until the Sweet 16.

Listen to the OutKick Bets with Geoff Clark podcast HERE.

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Gambling Gods Giveth Then Taketh Right Back In Gonzaga-TCU - OutKick

‘Even more addictive now’: Malverne man’s gambling problem made worse by legalized sports betting – Newsday

Gambling nearly destroyed Joe Ruscillos life.By the time he was 20, he says, he owed bookies at least $100,000.

The Malverne native was a star in high school starting quarterback of the varsity football team at Valley Stream North High School his junior and senior years a decade ago, and a member of the varsity basketball and baseball teams.

His SAT scores were good enough to have SUNY Maritime College recruit him to play football, he said.

But Ruscillos downfall began when he discovered gambling. It started at 16 with small bets placed with bookies on games in just about every sport tennis was a favorite. The wagers,made illegally,quickly escalated into the thousands.

Now 26,Ruscillo said he hit rock bottom last year with the advent of legalized online sports betting in New York State.Over the past decade, he figures he wagered between $2 million and $3 million and lost between $200,000 and $300,000 before he began pulling his life back together with the help of his family and girlfriend.

Your first bet was $20 at 16, then it turns into 50, then it turns into 100. And you lose a couple bets in a row and you get yourself in a hole and things just happen, he said.

All of a sudden youre in thousands of dollars of debtto local bookies that you cant pay back. Youre in debtwith your friends that you cant pay back, he said. Its a dangerous road.

I was already addicted and then it made it a lot easier to get a bank account, put some money in it, and the deposit is right there in two seconds.

He owed so much, bookiesput him on payment plans.

As the debts mounted, he nearly lost his friends and family. He leaned on them for loans. When he didnt pay them back, tensions grew.

More than once his parents banished him from their home, forcing him to move in with his grandparents. He often did not have enough money to buy food or gas.

Hes a great kid with a bad problem, said his mother, Jennifer Ruscillo.

Besides the loans, he gambled with money from his jobs working in sanitation, his familys car glass businessand waiting tables.

The hard-earned money that you made that week you can lose in literally a minute, he said. Its scary.

His mother said she has taken him to everyone she could think of to get help doctors, psychologists, psychiatrists, Gamblers Anonymous meetings but none were able to cure him.

The beginningof legalized online sports betting in January 2022 in New York sent him over the edge, Joe Ruscillo said.

I was already addicted and then it made it a lot easier to get a bank account, put some money in it, and the deposit is right there in two seconds, he said.

Ruscillo said the ubiquitous ads especially on iPhones made it almost impossible for him to resist.

Me, knowing so much about it, even at the time knowing how bad it is and knowing how detrimental it is to your life, they still got me, he said of the ads.

He figures he lost between $40,000 and $50,000 within the first two months of online sports betting becoming legal in New York.

recommended readingFueled by legal sports betting, gambling addiction rises on Long Island, experts say

His mother said she became terrified when a sports game would appear on the TV at their home.

I cringe when sports come on, she said. Its not the love of sports anymore. Its, Oh my God, is he going to place a bet? How much are we going to lose this time?

The online sports betting made Joe Ruscillo realize he could not go on this way. He came clean to his family and girlfriend, and said he needed more help.They came up with a radical solution: He threw away his iPhone and replaced it with an old-fashioned flip phone one he cant place bets on.

He also hands over every paycheck to his mother so he doesnt have access to money to gamble.

The strategy is working. He has paid off almost all his debts, and is saving money in the bank. He and his girlfriend are looking to buy a house or a condo.

Jennifer Ruscillo, the mother of Joe Ruscillo, cringes when sports come on. Its not the love of sports anymore. Its, Oh my God, is he going to place a bet? How much are we going to lose this time? she said. Credit: Morgan Campbell

Im in the best place Ive ever been in my life, he said. Ive got a bunch of money saved. I dont gamble. And all my friends who are my real friends are still around.

His advice to young people is to stay away from gambling.

You go to the Gamblers Anonymous and there are 60-, 70-year-old men in there that are still battling the addiction today, and they did not even have the apps, he said. If it was addictive back then, its even more addictive now.

His mother is even more severe in her warnings. Gambling, she said, should be banned. It should not even exist.

With Jamie Stuart

Bart Jones has covered religion, immigration and major breaking news at Newsday since 2000. A former foreign correspondent for The Associated Press in Venezuela, he is the author of HUGO! The Hugo Chavez Story from Mud Hut to Perpetual Revolution.

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'Even more addictive now': Malverne man's gambling problem made worse by legalized sports betting - Newsday

Toney gets England call-up as potential gambling ban looms – The Associated Press

With a possible suspension looming for apparently breaching multiple gambling rules, Ivan Toney was called up by England for its upcoming European Championship qualifiers as a reward for being the third-leading scorer in the Premier League.

It is the second time the Brentford striker has been summoned by England. The first was ahead of Nations League qualifiers in September but he didnt get onto the field and failed to make the squad for the World Cup a few weeks later.

Toney has scored 16 league goals for Brentford this season only Erling Haaland and England striker Harry Kane have more but his future is clouded after being charged with a total of 262 breaches of the Football Associations gambling laws, dating back to 2017.

Sections of the British media reported this month that Toney has admitted to the majority of the breaches and was facing a lengthy spell out of the game. That led to Toney criticizing the FA about the process behind his impending disciplinary hearing and over what he perceives to be potential lapses of confidentiality as he prepares to argue his case.

The issue hasnt stopped England coach Gareth Southgate from selecting Toney as one of six forwards in a 25-man squad ahead of Euro 2024 qualifiers against Italy and Ukraine.

The fact is, he is available for his club, Southgate said about the selection of Toney. There hasnt been a trial as yet or any judgment so I dont know on what basis we wouldnt pick him.

They are Englands first games since the national team lost to France the World Cup quarterfinals in December.

___

More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports

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Toney gets England call-up as potential gambling ban looms - The Associated Press

FanDuel Parent Flutter Is Gaining Traction in the U.S. Gambling. Bet on the Stock. – Barron’s

Shares of FanDuel parent Flutter Entertainment are beginning to find momentum after the company started exploring a U.S. listingbut its not too late to bet on the stock.

Theres no doubting FanDuels strength in the U.S. sports betting market. It reached a 50% share of the online sportsbook market in the fourth quarter, Flutter says, citing data from the 17 states the brand operates in.

Flutters full-year earnings reported earlier this month only served to accentuate that strength, flagging a record Super Bowl, adding 1.2 million new customers in the first two months of this year, making progress on an additional New York listing, and remaining on track for its U.S. business to turn profitable in 2023.

Its a significant, but very achievable, milestone. The segment generated positive Ebitda in the second and fourth quarters, when excluding investment in state launches in Maryland and Ohio.

Despite that, the stock (ticker: FLTR.United Kingdom) initially fell after earnings. The move was indicative of a longstanding issueinvestors underplaying the U.S. growth opportunityon this occasion focusing on weakness in Australia.

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The U.K. market may also be a factor. Citi analysts said earlier this month that the U.K. stock market currently trades at a record 40% discount to the U.S.

In addition to FanDuel, the sports betting and gaming company owns a number of brands, including Paddy Power, PokerStars, Betfair, and SportsBet, operating in more than 100 countries.

Flutter stock has climbed 24% so far this year, and has moved higher since its postearnings dip. Perhaps investors are starting to wake up to the bigger picture.

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Susquehanna analyst Joe Stauff says a New York listing, which he assumes will happen in the fourth quarter of 2023, would be a value-creating event, which would reduce the 20% conglomerate discount it currently applies to the value of Flutters U.S. business. He has a Buy rating on the stock and a price target of 163 ($197), implying a 21% upside to its recent price of 135.

For context, the U.S. market size for Flutter over the next two years will be as large as the combined nine largest countries it currently competes in today, which includes the U.K., Australia, and Brazil, Stauff noted.

Analysts covering the stock, of which 80% rate it as a Buy, expect strong growth over the next few years. Flutter is expected to post revenue of 9.1 billion this year, and 10.2 billion in 2024, up from 7.7 billion last year. Earnings per share are also seen growing to 3.80 in 2023 and 5.69 the following year, up from 1.89 in 2022.

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With our combined U.S. business on track to deliver a positive Ebitda for the full year 2023 for the first time, the Group is currently at an earnings transformation point and we look forward to delivering future growth and progressing further against Flutters strategic priorities in the coming year, Flutter CEO Peter Jackson said in a statement earlier this month.

There are other reasons to be positive. Flutters U.K. and international performance held up well in the fourth quarter, in the face of a challenging macroeconomic environment.

The stock also isnt too expensive, trading at 24.7 times estimated 2024 earnings, lower than an average of around 34 times among a basket of competitors, according to FactSet data.

Stricter-than-anticipated U.K. gambling reforms, expected to be put forward later this year, present a risk to the stock but theres many more reasons to consider a bet on the shares continuing higher.

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FanDuel Parent Flutter Is Gaining Traction in the U.S. Gambling. Bet on the Stock. - Barron's

Online Gambling And Its Advantages To Players – Salon Priv Magazine

Online gambling has attracted a lot of players because of its advantages and benefits that casino players find very hard to say no to.

Online gambling refers to the act of wagering money or something of value on an uncertain outcome of an event or game, using the internet as the medium of communication. It involves playing games of chance or skill, betting on sports events, or participating in lotteries, bingo, poker, or casino games via electronic devices such as computers, smartphones, or tablets.

Online gambling can take place through websites, apps, or social media platforms and can involve real money or virtual currencies. You will find more information at onlinecasino-thai that can help you understand online casino gambling better.

One of the reasons why people gamble online is because of the advantages they get from it. These benefits cannot be enjoyed when playing at land-based casinos.

Convenience and accessibility are two significant advantages of online gambling that attract a growing number of players. Here are some reasons why:

Online gambling offers a vast variety of games and betting options, including:

Online gambling offers increased privacy compared to traditional gambling methods. Here are some reasons why:

While increased privacy can be a benefit of online gambling, it is essential to remember that it can also contribute to problem gambling behaviours. Players may be more likely to gamble beyond their means or in secret, which can lead to negative consequences. Therefore, it is essential to practice responsible gambling habits and seek help if needed.

Online gambling sites offer various bonuses and promotions to entice new players and keep their existing players interested. Here are some examples of bonuses and promotions in online gambling:

While bonuses and promotions can be enticing, it is important to read and understand the terms and conditions carefully before accepting them. Players should understand the wagering requirements, expiration dates, and any other restrictions that may apply to the bonus or promotion.

Its also essential to gamble responsibly, not letting bonuses and promotions encourage excessive or problematic gambling behaviour.

In conclusion, online gambling offers a range of benefits, including convenience, accessibility, variety, increased privacy, and bonuses and promotions. You will find all the information you might need at onlinecasino-thai. However, it is essential to approach online gambling responsibly and within ones means to avoid negative consequences.

Players should also ensure that they gamble on reputable and licensed online gambling sites to protect their personal and financial information. It is also imperative to be aware of the potential risks of online gambling, such as addiction and financial loss, and seek help if needed. Online gambling can be a fun and entertaining pastime as long as it is approached with caution and responsible gambling practices.

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The Benefits of Using Stablecoins for Crypto Gambling – GLYFE Nation

The use of stablecoins in the casino industry has increased recently. Stablecoins have gained popularity in the gambling industry due to their stability and the advantages they offer over traditional payment methods.

One might ask why anyone would use a stablecoin for gambling purposes if the primary value of cryptocurrencies lies in their volatility. However, regarding crypto casino games, stablecoins offer unique benefits, making them a preferred payment method for many players.

Stablecoins are a special class of cryptocurrencies engineered to maintain a consistent value relative to a specific asset, such as fiat currencies or commodities such as gold.

They achieve this stability by anchoring their value to the price of the designated asset, ensuring that the stablecoins value remains comparatively steady and eliminating the volatility typically associated with other cryptocurrencies.

Stablecoins can maintain a stable value and achieve this through reserved assets that act as collateral for each stablecoin. Typically, stablecoins have a 1:1 ratio, meaning that one stablecoin equals one unit of the reserved asset.

However, there are different methods for achieving stability; for instance, centralized fiat-backed stablecoins rely on an organization or company to regulate the issuance and burning of new coins based on demand. Tether (USDT) is an example of this, where a private custodian monitors the currency and holds a reserve of equivalent collateral.

In contrast, decentralized crypto-backed stablecoins such as Dai (DAI) use smart contracts on the Ethereum blockchain to manage and oversee the collateral without relying on a governing body.

Various types of stablecoins exist, each using its own mechanism to preserve a stable value. These include:

Overall, stablecoins have become increasingly popular in recent years, particularly in cryptocurrency trading and decentralized finance (DeFi) applications. You can use them as a means of payment, a store of value, or collateral for other financial instruments.

Stablecoins have emerged as a game-changing solution in the world of crypto gambling, offering numerous benefits over traditional cryptocurrencies.

By harnessing the advantages of stablecoins, both players and operators can experience a more streamlined, secure, and user-friendly gambling environment.

Enhanced Price Stability

By design, stablecoins maintain a stable value, eliminating the extreme price fluctuations often associated with traditional cryptocurrencies. This stability enables gamblers to play without worrying about sudden changes in the value of their digital assets.

The inherent stability of stablecoins allows players to manage their bankroll better and anticipate potential returns, creating a more predictable gaming experience.

Improved Transaction Efficiency

Stablecoins facilitate quick and efficient transactions, allowing players to deposit and withdraw funds almost instantly, with minimal delays and waiting times.

By using blockchain technology, stablecoin transactions often incur lower fees than traditional payment methods, reducing the overall cost of gambling activities for both operators and players.

Increased Accessibility and Financial Inclusion

Stablecoins enable seamless cross-border transactions, allowing users worldwide to participate in crypto gambling without facing restrictions due to local regulations or currency conversion issues.

With no need for a traditional bank account, stablecoins provide an accessible alternative for the unbanked or underbanked populations, allowing them to engage in online gambling activities.

Enhanced Privacy and Security

Stablecoin transactions on blockchain networks provide a higher degree of privacy, allowing users to maintain their anonymity while participating in online gambling activities.

Blockchain technology ensures the security of stablecoin transactions, reducing the risk of fraud, hacking, or unauthorized access to users funds.

Regulatory Compliance and Transparency

As stablecoins are often pegged to traditional assets, such as fiat currencies, they are more likely to comply with existing financial regulations, promoting a safer and more regulated environment for crypto gambling.

The transparent nature of blockchain technology enables the auditing of stablecoin transactions, ensuring fair play and fostering trust among users and operators.

By leveraging these benefits, stablecoins have the potential to significantly improve the online gambling experience for both operators and players alike.

Stablecoins have become a fundamental part of the cryptocurrency ecosystem, with Tether occupying the third spot after Bitcoin and Ethereum. However, despite being considered the gold standard of digital currency, stablecoins are not immune to issues; for example, its private reserves have drawn scrutiny from the US government.

Therefore, many centralized stablecoins focus on transparency and regulation to avoid government scrutiny. The NYDFS regulates BUSDs monthly audits, and TUSD is audited by the private firm Cohen & Company. Other companies, such as Tether, publish their records on their websites and update them in real-time to prove transparency.

Moreover, the future of stablecoins appears to be moving towards government regulation to ensure consumer protection. Given their widespread use and popularity, the US Securities and Exchange Commission (SEC) and Federal Reserve have called for creating a regulatory framework for stablecoins.

As a result, users can feel more confident that their funds are safe and secure with regulated parties.

Stablecoins can potentially revolutionize the crypto-gambling landscape by addressing the volatility concerns of traditional cryptocurrencies. With their enhanced stability, improved transaction efficiency, increased accessibility, financial inclusion, and heightened privacy, stablecoins provide a compelling alternative for online gambling enthusiasts.

By embracing stablecoins, the online gambling industry can create a more predictable, secure, and inclusive environment that caters to the diverse needs of players and operators alike. As stablecoins continue to gain traction, they are poised to become an integral part of the ever-evolving world of crypto gambling.

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The Benefits of Using Stablecoins for Crypto Gambling - GLYFE Nation

A 41-mile walk with the group that wants to end gambling adverts in football – The Athletic

It is just after daybreak and two dozen yellow T-shirts are making their way across Sheffield, from Bramall Lane in the south of the city to Hillsborough on its northern edge.

There are young and old in the group, which draws encouragement from passing cars, and each has a reason to have begun a 41-mile walk that will end in Leeds the next day.

The thread that links them all is the lasting impact of gambling upon their lives. There are recovering addicts determined to force change and those less fortunate, who continue to wrestle with tragedy and grief.

Like Kay Wadsworth, whose only child Kimberly, consumed by a gambling addiction, took her own life in 2018 at the age of 32. Kay can be found clinging to her daughters doll at the beginning and the eventual end of a walk carried out in her name, an emblem of what she has lost and cannot hope to replace.

The yellow T-shirts worn by Kay and her fellow walkers feel almost as poignant.

On the back of each is 409 the number of lives Public Health England estimated were lost to gambling-related suicides in 2021 in England alone. That amounts to seven per cent of suicides across the whole of the UK.

This is the latest walk organised by The Big Step, a campaign group that wants to rid football of all gambling advertising.

There have been 10 of its kind before, each designed to take the message to the homes of professional clubs.

They have marched across London, between Manchester and Liverpool, and from Edinburgh to Glasgow. In the summer of 2021, the Big Group even walked from Scotland to Wembley in a 300-mile epic that coincided with the start of the European Championship.

This one was Yorkshires. Sheffield United, Sheffield Wednesday,

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A 41-mile walk with the group that wants to end gambling adverts in football - The Athletic

Some Local Officials Use State Gambling Laws to Close Game Rooms, Others Think Laws Are Unclear – The Texan

Austin, TX, 3 hours ago Texas forbids gambling with few exceptions, such as charity or the state lottery, but a loophole in state law has allowed game rooms with slot machine-style eight liners to pop up in communities across the state, resulting in local officials taking opposite stances on the law and how they enforce it.

The proliferation of game rooms is attributed to two points in Texas law. The first is the so-called fuzzy animal exception added to the Texas Penal Code in the mid-1990s by the Legislature, which provides an exception for gaming machines that only award non-cash prizes under $5 in value; the second is by county and city governments that offer game room permits by ordinance.

Reports of increased criminal activity at game rooms are common, with some officials saying they lead to much larger crimes that put public safety in jeopardy.

Odessa Mayor Javier Joven led the charge to crack down on game rooms that proliferate his city. While Joven says he wanted to outright ban them, pushback from local officials regarding the clarity of state law led him to pass an ordinance that phases them out through a regulatory process.

Regulating game rooms merely signals a willingness of our city to do business with an illicit business enterprise, Joven said in an interview with The Texan. He described how he believes the game rooms get their foot in the door using the fuzzy animal exception and local government permitting, and once established, they implement other enterprises.

We value life, families, and the rule of law in Odessa, and while I wish we could have simply enforced state law and shut them down sooner, we managed to find a way.

According to Joven, Odessa has had as many as 32 game rooms within the city limits, and he believes another 28 or so operate in the county.

The new city ordinance, which was adopted in September, stops the issuance or renewal of any more licenses; at the end of the year, when all current licenses expire, there will be no game rooms operating under permit within the city.

Joven added that while he believes the laws are clear on the matter, a Fort Worth lawsuit working its way through the courts could clear up any question on state laws.

In that case, several owners filed suit against the city for passing ordinances to reign in the proliferation of game rooms, arguing that state law preempted the citys authority to regulate the businesses.

The Texas Second Court of Appeals ultimately upheld the citys regulatory powers, writing that the operators eight liners are lotteries, and they are unconstitutional under the Texas Constitution, but stopped short of reviewing the constitutionality of the fuzzy animal exception in the Texas Penal Code.

The Second Court of Appeals did take issue via dicta with a past Amarillo appeals court case that upheld the constitutionality of the fuzzy animal exception, writing that they viewed the analysis upholding the law as flawed.

Ector County District Attorney Dusty Gallivan, whose jurisdiction includes the City of Odessa, says that while game rooms have been an issue in Odessa, they are not his top issue, citing a rise in violent juvenile crime. He believes the Supreme Court needs to take up the Fort Worth lawsuit, or the legislature needs to clear up the law.

Yes, Gallivan wrote in a response to The Texan, the case should be heard by the Texas Supreme Court. The Legislature either needs to make it legal or illegal, none of this middle-of-the-road stuff that makes it very difficult to enforce.

Smith County District Attorney Jacob Putman, whose jurisdiction includes the City of Tyler, has taken a very different approach to enforce state gambling laws. He cited a proliferation of game rooms that caused a multitude of problems for law enforcement in recent years, leading their office to issue cease and desist letters to all game rooms ordering them to stop operating or face criminal charges.

[The game rooms] have tried all sort of different claims to justify them legally, Putman said in a phone interview, referring to claims that game rooms are games of skill and not chance and therefore do not qualify as gambling. To Putman, the law is sufficiently clear on the issue and they dont make exceptions.

I dont think the laws are too complicated so maybe if the Legislature made it clearer, youd get a little more enforcement, but the lack of enforcement you are seeing now is mostly just a lack of political will in certain offices.

Attorneys for the Fort Worth game room operators have asked the Supreme Court for two extensions of time to file an appeal, their latest by November 4, citing multiple conflicts from other cases as the cause of the delay.

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Some Local Officials Use State Gambling Laws to Close Game Rooms, Others Think Laws Are Unclear - The Texan

Gambling: How to Have Fun and Stay in Control – Albert Lea Tribune – Albert Lea Tribune

Gambling: How to Have Fun and Stay in Control

Published 2:46 pm Tuesday, October 18, 2022

Gambling can be a fun way to spend some time, but staying in control of your spending is important. Many people have found themselves in the trap of gambling away all their money with the hope of winning more money. Without proper control, you will either be frustrated or have a gambling addiction. Both of these are not good for your mental, emotional and even physical health.

You can categorize gambling into two ways; sports betting and playing casino games. In sports betting, you find pleasure in finding the best NFL odds that can give you maximum winnings, while in the casino, you wager on your favorite casino games.

When gambling, it is essential to know when to stop. Chasing your losses can lead to even more losses, which can be very difficult to recover from. If you find yourself losing more than you can afford to, it is important to walk away and take a break. This will help you clear your head and come back with a fresh perspective. If you keep gambling, you may end up losing even more money than you originally intended to.

When it comes to gambling, it is important to set a budget and stick to it. This will help you avoid spending more money than you can afford to lose. It is also a good idea to set a limit on how much you are willing to gamble in one day or session. This will help you control your spending and keep your losses to a minimum.

There is no easy answer to this question, as it depends on a variety of factors. However, there are some general guidelines that can help you make the decision.

First and foremost, you should only gamble with money you can afford to lose. If you find yourself dipping into your savings or taking out loans to finance your gambling, then its time to walk away.

Secondly, you should be aware of the odds of whatever game youre playing. If the odds are stacked against you, then the chances of winning are slim. Its important to remember that gambling is a form of entertainment, not a way to make money.

Finally, if gambling is causing you to stress or impacting your personal life in negative ways, then its definitely time to walk away. Gambling should be a fun activity, not something that causes anxiety or problems.

Despite gambling being a great pastime, you should be aware that it has negative consequences if you do not have control.

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Boston College vs. Wake Forest – Gambling Odds and Prediction – BC Interruption

Welcome back Eagles fans! Hope everyone had a great Bye-Week. Hopefully over this time we were all given enough time to make the Clemson match nothing but a distant memory. Well, I hate to be the bearer of bad news, but the challenging season for the Eagles continues to move on into this weekend as the have prepare to face another juggernaut in the ACC, the Wake Forest Demon Deacons.

Even as an Eagles fan, I have to give a ton of credit to the Wake Forest organization over the years. They have gone from a a stingy opponent in the ACC to a potential top-10 powerhouse. It took Dave Clawson two years under his belt but starting in 2016 the Demon Deacons have been invited 6 bowl games, finished above .500 each year (aside from the outlier COVID year which they still made a bowl appearance), and capped an 11 win season last year for the first time since 2006.

The Demon Deacons are sitting at #13 in the country and much of the success has fallen on the shoulders of QB Sam Hartman. Despite sitting out the first game, Hartman has still managed to throw for 1,442 yards with a 16/2 TD to INT ratio and a QBR of 175.8. To have this success he also has had the pleasure of connecting with WRs A.T. Perry and Jahmal Bank who combined compose of rougly half of Sams total passing yards.

It is no secret that this offense is deadly as their only loss this season came in double-OT against the visting Clemson Tigers with both QBs putting on a clinic combining for 96 total points. As a team, Wake Forest averages 41.17 PPG and an average of 440 YPG which is a daunting statistic to stomach.

With this high-powering offense at the helm, it is to not much surprise that the Eagles come into this match, once again, as double-digit underdogs sitting currently at +21 and the O/U at 61.5.

As much as I hate to re-visit BCs last matchup against Clemson, a few things stood out. BCs defense stood firm for the whole first half (as I predicted) giving the offense enough opportunities to really get something clicking. Yet, that engine never started as the Eagles were unable to find the endzone all game. Could this be another deja vu scenario for BC?

Tempting as it might be to say yes, I do think that this Deacon defense is a bit more susceptible than Clemsons and that BC could do some damage. Wake Forest allows, on average, 385 total yards to opponents per game with 235 of those coming through the air. I think it is very plausible that Jurkovec and this offense could strike a few matches and get hot for a few drives and find a bit more success than they did almost two weeks ago.

In terms of coming up with a verdict on this matchup, I still think that BC caves on this one based purely off of the talent on the otherside of the ball. However, when it comes to the odds of this game, I have to say that BCs defense has really showed some improvement and progress over the last month or so. They hung with one of the best teams in the country for a full half and I can foresee them doing something similar down in Winston-Salem. The difference here being that Jurkovec and team are able to move the ball effectively down the field and capitalize on some defensive stops. While I dont predict a BC win, I envision it being a more enticing showing for Hafley and company. Give me the points in this one.

Prediction: BC +21 | Under 61.5 | Wake Forest ML (-1781)

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Boston College vs. Wake Forest - Gambling Odds and Prediction - BC Interruption

Three Men Charged in Connection With Illegal Gambling and Extortion Scheme – Mass.gov

BOSTON Three individuals have been indicted on charges related to extortion, witness intimidation, and illegal bookmaking, Attorney General Maura Healey announced today.

The charges are the result of a long-term, multi-year investigation by the AGs Gaming Enforcement Division and the Massachusetts State Police Special Service Section (SSS) working in cooperation with the Federal Bureau of Investigation (FBI) into illegal bookmaking, loan sharking, money laundering, and organized crime.

Three defendants were indicted by a Statewide Grand Jury on the following charges:

Eric Rogers, age 54, of Revere

Extortion (3 counts)

Conspiracy to Commit Extortion (1 count)

Witness Intimidation (1 count)

Use of a Telephone for Gaming (1 count)

Conspiracy to Use Telephone for Gaming (1 count)

Michael McMahon, age 44, of Boston

Extortion (1 count)

Conspiracy to Commit Extortion (1 count)

Organizing and Promoting Illegal Gaming (1 count)

Criminal Usury (1 count)

Money Laundering (1 count)

Registering Bets (1 count)

Conspiracy to Register Bets (1 count)

Use of a Telephone for Gaming (1 count)

Conspiracy to Use Telephone for Gaming (1 count)

Brian Kelley, age 50, of Duxbury

Money Laundering (1 count)

Registering Bets (1 count)

Conspiracy to Register Bets (1 count)

Use of a Telephone for Gaming (1 count)

Conspiracy to Use Telephone for Gaming (1 count)

Rogers was arrested and arraigned on the charges in Suffolk Superior Court earlier today. Rogers was held on $75,000 cash bail with the following conditions for release: he surrender his passport, be monitored via GPS with a 6pm- 6am curfew, and stay away from victims and witnesses. McMahon and Kelley will be arraigned in Suffolk Superior Court at a later date.

The AGs Office alleges that from 2017 to 2019, McMahon ran a large-scale illegal bookmaking enterprise that generated between $1 million to $2 million annually. All bets were placed through a website run by an offshore gaming company based in Costa Rica. The AGs Office alleges that Kelley was an employee of the gaming company who collected cash payments from illegal bookmakers, including McMahon, then delivered large bundles of U.S. currency in person via flights to Costa Rica as part of an elaborate money laundering scheme. Kelley is alleged to have earned significant income from this illegal scheme, which he then laundered through various residential properties. McMahon is alleged to have made more than $234,000 in cash payments to Kelley over a 20-month period.

The AGs Office alleges that Rogers collected two extortion payments of $10,000 in 2019 from McMahon in exchange for the right to operate an illegal book with permission from a larger, organized criminal syndicate.

The AGs Office further alleges that Rogers and McMahon extorted vast sums of U.S. currency from a bettor under McMahons illegal bookmaking enterprise who initially refused to pay a debt, threatening violence, and using Rogers reputation as an organized crime associate to force payment from the victim.

All of these charges are allegations, and the defendants are presumed innocent until proven guilty. The AGs investigation remains ongoing.

AG Healeys Gaming Enforcement Division has a dedicated group of prosecutors and investigators who enforce the states Expanded Gaming Act of 2011 and investigate and prosecute illegal activity such as organized crime, money laundering, gaming-related financial crime, and corruption.

The case is being prosecuted by Assistant Attorney General Kevin P. McCarthy and Deputy Division Chief Stephen Carley of AG Healeys Gaming Enforcement Division, with the assistance of the AGs Digital Evidence Laboratory, including forensic Digital Media Analyst Jobal Thomas and Laura Hernandez, and the Massachusetts State Polices Fusion Center. Financial Investigation was conducted by Senior Financial Investigator Eugene Griffin of AG Healeys Gaming Enforcement Division.

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Three Men Charged in Connection With Illegal Gambling and Extortion Scheme - Mass.gov

Microgaming Puts the Spotlight on Safer Gambling Charities It Supports – GamblingNews.com

Microgaming, which is a leading gambling software provider based out of the Isle of Mann, is going to showcase the charities it supports through its PlayItForward arm during the annual initiative Safer Gambling Week.

Safer Gambling Week is an annual event that this year takes place from October 17 to October 23 in partnership with a huge variety of stakeholders from the UK gambling industry.

Its main purpose is to spark conversations and raise awareness about the harms of gambling and the available resources and tools people who think might have a gambling problem can access.

Gambling software provider Microgaming is going to use this platform to put the spotlight on a few charities that are doing amazing work to support people and families that are dealing with gambling addiction Gordon Moody, Betknowmore, Anonymind, and Motiv8.

The gambling software company has a dedicated department called PlayItForward, whose sole purpose is to cater to corporate responsibility initiatives such as support for charities promoting and facilitating safer gambling in the UK.

PlayItForward provided financing to Gordon Moody in order for the charity to set up a special fund offering help to the families of people in treatment for gambling addiction.

Gordon Moodys main activities focus on treatment for gambling addicts in a dedicated space where they feel safe and supported. However, their latest initiative targeted the addicts near and dear ones.

Director of External Engagement at Gordon Moody, Rob Mabbett, elaborated that families experience a lot of pressure when a family member is being treated so the charity decided to direct the support coming from Microgaming to a so-called Comfort Fund, which provides for such things as outings with the children and Christmas and birthday presents.

Another benefactor of the PlayItForward program is Anonymind, which is a charity providing treatment and therapy services to gamblers that are battling addiction. Andy Atha, COO at Anonymind, has explained how the funding from Microgaming has been used:

The PlayItForward donation provided earlier this year has led to several individuals being provided with convenient, effective digital treatment directly from a psychologist at their time of need. Gambling harm affects people in many different ways mentally, physically, and financially and without donations like this, we would not be able to continue offering the most effective treatment to those individuals who need urgent help.

Betknowmore is one more charity organization that Microgaming has decided to support and salute during Safer Gambling Week. The provided funding through PlayItForward has been used for important research into the ways women in particular can be supported through their struggles with gambling addiction.

As a result of this research, Betknowmore was able to develop a special support program taking into consideration the needs of women, which the charity called New Beginnings. The program facilitates peer groups as the research showed that group support is most beneficial to female gambling addicts.

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Microgaming Puts the Spotlight on Safer Gambling Charities It Supports - GamblingNews.com

Spending on Gambling, Health and Tax Measures Breaks Records – Governing

If its an election year, there must be a big-money fight over dialysis in California. Since 2018, a health-care workers union has sponsored a series of three ballot measures to require higher staffing levels and safety requirements at clinics. After suffering defeats in 2018 and 2020, theyre hoping the third time will prove the charm in November.

The political action committee sponsoring this years measure has raised $8 million. That sounds like an impressive amount, until you realize that opponents have raised more than 10 times that much. Total spending on the last two versions easily topped $200 million combined.

Ballot initiatives a tool meant to give citizens a voice have turned into an avenue for interest groups to push pet causes. Another pair of ballot measures in California, which would legalize sports betting online or in person, have broken all records with nearly a half-billion dollars spent for and against them.

Voters in South Dakota, for example, will have the chance to approve an expansion of Medicaid, as envisioned under the 2010 Affordable Care Act. A half-dozen states have approved Medicaid expansions through ballot initiatives after legislators balked, most recently Missouri and Oklahoma in 2020. Iowa voters have the chance to affirm gun owners rights in the state constitution, while Oregon voters will decide on a gun-control measure that would require criminal background checks and ban large-capacity magazines, among other restrictions. Nevada voters could add an equal rights amendment for women to the state constitution.

In an earlier article, we explored ballot measures related to abortion, marijuana legalization and minimum wage increases and other labor issues. But there are a total of 129 measures on the ballot in 36 states on Nov. 8 and they cover an incredible range of topics.

Alabama, Louisiana, Oregon, Tennessee and Vermont voters will decide the issue. Presumably, most will want to cast a vote against slavery, even as a punishment for crime. Since 2018, similar amendments have passed in Colorado, Nebraska and Utah.

Heres a summary of some of the other significant ballot issues this year:

Voting and Democracy

The ability to engage effectively in direct democracy has been under increasing threat in recent years. Dozens of states have considered bills to make it harder to push initiatives, including restrictions on signature-gathering or efforts to raise the threshold for the percentage of the vote needed for passage. Last year, Mississippis supreme court ruled that the states entire initiative process is unworkable and inoperative.

State lawmakers have also proven unafraid to overturn laws almost immediately after theyve been enacted by voters. Those in power cant win fairly and so theyre changing the rules in ways that directly undermines the will of the people, complains Chris Melody Fields Figueredo, executive director of the progressive Ballot Initiative Strategy Center.

Arkansas has a referendum that will make life more difficult for initiative sponsors, while Arizona has three. Issue 2 in Arkansas would require that ballot measures received 60 percent of the vote to pass, in place of a simple majority. "It is entirely too easy to amend our state constitution, said state Rep. David Ray. We shouldn't amend our constitution in just some sort of willy-nilly fashion."

Theres also a proposed amendment in Arizona requiring 60 percent support for passage, as well as a measure that would make it easier for the Legislature to repeal or amend laws approved through the initiative process, plus one that would limit initiatives to single subjects.

Arizona voters will also consider a measure that would tighten voter identification requirements for both mail and in-person voting. Nebraska, which is one of 15 states left without a requirement to show ID to vote, will have one if Initiative 432 passes. Showing ID when they go to vote, its one of the ways we can strengthen the integrity of our elections, said Nebraska GOP Gov. Pete Ricketts.

Voter ID requirements will be loosened if a Michigan amendment passes. Registered voters would be allowed to sign affidavits in lieu of showing a state-issued ID. The measure would also amend the state constitution to require nine days of early voting, ease access to absentee voting and allow voters to deposit their ballots in drop boxes. A measure in Connecticut would allow early voting days to be created by the Legislature.

Two states, Louisiana and Ohio, have measures stipulating that only citizens may vote, countering a practice recently adopted in a few localities. The city council in Washington, D.C., gave initial approval to a non-citizen voting bill this month, but New York Citys law was struck down in June.

Nevada would become the third state, following Maine and Alaska, to allow ranked-choice voting if a proposed amendment passes there in November and again in 2024. As is often the case with ranked-choice voting, officials from both major parties are opposed.

Taxes

The idea of raising taxes on the rich has an inherent populist appeal, but the perils of applying portions of the tax code to small numbers of individuals might keep a couple of millionaires taxes from passing this year.

Californias Proposition 30 would increase taxes for individuals making more than $2 million a year. Their incomes over that threshold would be taxed an additional 1.75 percent, which would raise up to $5 billion a year. Eighty percent of that money would go to subsidizing electric vehicles and charging stations, with the remainder devoted to fighting wildfires.

The measure is being promoted by Lyft, which faces regulatory requirements to move to an electric fleet. The company has spent $45 million pushing the measure. Some environmental groups back it, but the fact that it would provide tremendous subsidies to a particular industry has led Democratic Gov. Gavin Newsom to come out strongly against it.

Millionaires in Massachusetts could also face a new tax. Any income over $1 million would be taxed an additional 4 percent, with the money going to education and transportation. Supporters say its simply a way to make the rich pay their fair share, but critics warn that the tax could penalize small business owners or individuals when they collect windfalls from home sales.

It might also prompt top earners to leave the state. Voters frequently reject taxes on higher earners even if theyre not in that bracket because they understand there are economic impacts, especially post-pandemic, on migration, says Jared Walczak, vice president of state projects at the Tax Foundation.

Colorado voters will consider a tax cut. Two years ago, they supported a ballot initiative backed by conservatives that cut the individual income tax rate from 4.63 percent to 4.55 percent. This year, the same sponsors are proposing a further reduction to 4.4 percent.

Under the states Taxpayer Bill of Rights, or TABOR amendment, state spending growth is limited to rates of inflation and population growth. This year, residents are receiving a record $3.65 billion in refunds, thanks to soaring revenues.

But its much better to cut taxes in the first place than issue refunds after the fact, Walczak argues. Location and investment decisions arent made on the basis of possible future refunds, he says.

Government Operations

Two states are taking up term limit questions, which were a major ballot-measure battleground back in the 1990s. Voters in some states have since rethought term limits, which were meant to diminish the influence of career legislators but have left them weaker players against governors, lobbyists and staff.

Michigan has the strictest limits in the country, allowing politicians to serve only six years in the state House and eight years in the state Senate. A ballot measure would allow them to serve a total of 12 years in the Legislature, allowing them the chance to build up longer tenures in either body. Arkansas voters approved a similar change two years ago, as did California voters a decade ago.

As a sweetener for voters dubious about politicians, the Michigan measure would also impose stricter financial disclosure rules on state officials.

Thirty-six states currently impose some form of term limits on governors, while 15 states have legislative term limits. North Dakota might expand both those lists. An initiative there would create legislative term limits, capping service at eight years in the state House and Senate, while limiting governors to two four-year terms.

All but five states have lieutenant governors. That number will shrink to four if Arizona voters approve a measure to create that office in Phoenix. In Tennessee, the speaker of the state Senate acts as lieutenant governor. If Amendment 2 passes, that person would assume the duties of governor if the governor is incapacitated.

Oregon legislators could lose their jobs if they fail to show up for work. Three times in recent years, Oregon Republican lawmakers have torpedoed Democratic proposals by walking out and denying the majority a quorum. Measure 113 would block legislators from running for re-election if theyve had unexcused absences.

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Spending on Gambling, Health and Tax Measures Breaks Records - Governing

How New Jersey Will Double Down On Gambling If Casinos Come To New York City – Forbes

Bad Luck: With New York City allowing licenses for up to three casinos, Atlantic Citys monopoly on them in New Jersey could end.

If the handful of billionaires, real estate developers and gambling companies get their way and bring a Las Vegas-style casino resort to New York City, then New Jersey can expect to lose big. With Atlantic City more than two hours from Manhattan, millions in potential tax revenue will end up going to the Empire State and not the Garden State.

A lot of money is at stake, says Jeff Gural, the real estate and casino entrepreneur who has a 25% stake in the Meadowlands Racetrack in East Rutherford, New Jersey, just outside of Manhattan. It doesnt make any sense to have all this revenue going to New York.

Gural, who also owns upstate New York casino Tioga Downs and a racinoa horse racetrack with video slotsin Vernon, was a big player in the push to bring a casino to his Meadowlands facility six years ago. Since 1977, New Jersey law only allows casinos in Atlantic City, but in 2016 a ballot measure put to voters that would have ended ACs monopoly was overwhelmingly rejected by a margin of 77% to 23%.

Gural and his supporters spent $10 million during the effort, while the opposition spent around $30 million. Now, he says, as New York prepares to license up to three casinos in the New York City area there will be enough economic incentive to get a ballot measure in front of voters again.

I'm waiting and biding my time to see New York get up and running and what the reaction is from the people from northern New Jersey, he says. Id be very surprised if there isnt a casino in the Meadowlands in a couple of years.

New Jersey has a lot to lose. Despite Atlantic Citys ongoing troubles, the casinos are still relative goldmines for the state. The resort town generates nearly 20% of its tourism dollars, according to the Casino Association of New Jersey. Every year, casinos pay $500 million in wages to employees, and last year, New Jerseys casinos, sportsbooks, internet gaming apps and racetracks paid $486 million in taxes, a 44% increase over 2020.

To get a sense of how a Manhattan casino might siphon gambling revenue away from the Garden State, look no further than mobile sports betting. In February, a month after New York launched mobile wagering on sports, New Jerseys sports betting revenue was an anemic $31 million, a 33% drop compared to February 2021. Through August, year-to-date sports betting revenues in New Jersey have seen double-digit declines.

Theres a spot-on chance that New Jersey will allow at least one casino upstate to protect its tax revenue, says gaming lobbyist Bill Pascrell IIIor else Atlantic Citys gonna sink.

Bill Pascrell III, a partner at Princeton Public Affairs Group, a New Jersey-based lobbying firm focused on gaming, says theres a spot-on chance that New Jersey will allow at least one casino upstate to protect its tax revenue. He thinks when New York opens its downstate casinos, there will be enough economic leverage to convince voters and stakeholders that a casino in North Jersey is necessary, or else Atlantic City's gonna sink.

Pascrell believes theres enough political and voter support to get a new ballot measure passed. He claims that New Jersey Gov. Phil Murphy supports the idea, but the Governors office would not comment when asked if he supports a ballot measure to allow for casinos outside of Atlantic City.

Dennis Drazin, the chairman and CEO of Monmouth Park racetrack in Oceanport, New Jerseyabout an hour south of New York Citysays that nothing would make him happier than opening a casino on his grounds. Caesars already operates a sportsbook on the first floor of the Monmouth Grandstand, Drazin notes, so it would be a natural extension to add slots and table games. He also believes that New Jersey has no other choice. It represents a significant risk to Jersey if New York opens, he says, and we dont do something to respond to make sure the business stays here.

Meanwhile, the casinos in Atlantic City say they arent scared of New York. Mark Giannantonio, the president and CEO of Resorts Casino Hotel on The Boardwalk, doesnt think adding more casinos in North Jersey is the answer.

While New York downstate casinos will add more competition, says Giannantonio, who is also the president of the Casino Association of New Jersey, it is essential for all New Jersey stakeholders to focus our efforts on the ongoing revitalization of Atlantic City into a top destination resort in the country.

New Jersey State Sen. Vincent Polistina, a Republican who represents Atlantic City, believes there is no reason to consider allowing casinos outside of his district. The state should not even hold discussions regarding North Jersey casinos right now, Polistina says. We have challenges in Atlantic City that we must address with a renewed commitment to reinvestment and redevelopment over the next few years in order to deal with increased competition from New York.

Yet, newcomers to Atlantic City see a future outside the seaside citys borders. Soo Kim, the founder of New York-based hedge fund Standard General, which owns a 22% stake in Ballys, says a big part of his firms bet when it bought the Ballys casino hotel in Atlantic City for $25 million in 2020 has nothing to do with the South Jersey casino town.

This is a play beyond just Atlantic City, Kim told Forbes. AC is going to have challenges. Its already a challenging market with the additional casino that opened in Philly and with New York opening, its going to be hurting even further.

Kim thinks the natural solution is for New Jersey to allow for a casino in the Meadowlands, which he affectionately refers to as the swamp.

Even though Hard Rock International is applying for a casino license in New York City, chairman Jim Allen told the Associated Press that it is still eyeing New Jersey. Back in 2013, Hard Rock bought a stake in Gurals Meadowlands racetrack and in 2015 the company proposed a plan to bring a casino to the thoroughbred site just across the Hudson River from Manhattan.

Im not saying we would drop a Meadowlands option, Allen told the AP in February. Theres certainly the ability to have more than one product in a geographic area, as weve done many times in our industry.

Even though a casino in North Jersey could be a great defense against New York, Colin Mansfield, an analyst at Fitch Ratings, says the ballot measure loss in 2016 will make a revived effort to pass a new measure a long, bitter fight.

At the end of the day, that casino will still cannibalize Atlantic City, says Mansfield. It depends on who owns that casino and how much ultimately is siphoned away from Atlantic City. Its very, very complex question.

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How New Jersey Will Double Down On Gambling If Casinos Come To New York City - Forbes

How Cryptocurrency Casinos Are Shaping the Future of Gambling – Novinite.com

Gambling has evolved through the years. It grew from local bets among friends and neighbors to large-scale casino bets. We now have online gambling, which is also evolving with every Fintech improvement.

Online gambling has grown with every eCommerce transition. We moved from making cash payments at casino cash offices and bank tellers to making eWallet transactions through mobile banking and other online financial institutions. The world has moved to cryptocurrencies and other decentralized payment options. It is only natural that online gambling moves with this decentralized trend. Let's explore crypto casinos and how they would change future gambling systems.

Bitcoin Casinos like those found on cryptocasinos.net are online casinos that accept Bitcoin as their primary exchange currency. Bitcoin is the leading digital currency and the front-runner in decentralized transactions. It is not exactly surprising that it has become a popular exchange tender in online gambling.

Online casinos thrive on the convenience they provide their users compared to traditional casino setups. Where land-based casinos suffer from general challenges like geographical restrictions and payment limitations, online gambling is an effective way to avoid these challenges. However, Crypto casinos provide even more convenience than regular online casinos.

Bitcoin casinos paved the way for other crypto payments when Cloubdbet Casino debuted in 2013. Of course, it felt like a fool's errand and barely gained much traction in the first few years. Bitcoin as a payment method had similar challenges until it started to thrive in 2018. Recently, Bitcoin has been the popular payment option, and several land-based casinos have included Bitcoin in their payment method.

Cryptocurrency has taken root in our financial system, and despite its fluctuating value, it is one of the valuable payment options. Similarly, crypto casinos offer better benefits for the online gambler, and we will consider some of them below:

Registering in Crypto casinos is like registering with regular online casinos. The only distinction is that Crypto is a decentralized payment system and imposes lesser registration requirements than other online casinos. Here is a general way to sign up:

Select your preferred crypto casino by typing in their website address or downloading their mobile app.

The first screen should contain login and sign-up options. As a new player, your choice would be to sign up. But you can select login if you have a previous account with the gambling operator.

The registration screen contains a list of sign-in requirements. While Crypto casinos do not request much personal information, they need basic details before admitting a new player. Cryptocurrency casinos only request the player's name, email address, and password. Most casinos even let you register with a Username, email address, and password.

New players can start playing after this essential registration. However, the player needs to provide further details and verify their email address before they can withdraw their winnings.

Payment methods are essential in the casino setup. Most casinos enjoy huge patronage because their fast payout rate matches their other benefits like extensive game collection and enticing promotion. Cryptocurrency casinos provide these benefits, but their payment systems offer more ease than regular online casinos.

Crypto transactions run on a decentralized system involving multiple computers creating firewalls and seamless connections simultaneously. This interconnectivity makes crypto transactions faster than fiat payments.

Bitcoin casinos gained recognition for this fast payment and seamless payment. Their customers could complete their deposits in quick time, which was an improvement from the position with fiat payments. Crypto casino customers can make deposits from their crypto wallets like Binance or Tron Wallet, and their gaming wallets would reflect the transaction immediately. This speedy deposit was common with other online payment structures, but none of them could match the withdrawal speed.

Withdrawal to crypto wallets never exceeds 24 hours unless they have some technical challenges or errors. Some casinos have verified and endorsed crypto payments in less than 6 hours which is unlikely with fiat transactions.

Crypto Casino bonuses are like other traditional gaming bonuses. However, cryptocurrency casinos offer more bonus rates than other casinos. Crypto casinos provide regular welcome and reload bonuses. You can have Free Spins and bonus credits.

Most casinos offer their players sticky bonuses with strict wagering requirements. The bonus might be a 50% welcome bonus with 20x wagering requirements. Crypto Casinos offer similar bonuses and wagering requirements but with better rates. New players may receive up to 100% or 500% welcome bonuses at the same wagering requirements but also include betting credits and Free Spins. These unique bonuses make crypto casinos more rewarding than traditional casino operators.

Crypto casinos may run on different payment systems from traditional casinos, but they are similar in their features and interfaces. Most online casinos offer identical game ranges, including slot titles, poker, blackjack, and other table games. Standard promotions include VIP Status, welcome bonuses, and reload bonuses, but crypto casinos offer better options.

Crypto casinos include regular game options but also add some exclusive games. These exclusive games are Provably Fair games that only crypto casinos can provide. The games could be unique options like Crypto Dice that differ from BlackJack, Bacarrat, or Roulette.

The decentralized nature of Cryptocurrency casinos makes them a welcoming hub for gamblers worldwide. Bitcoin casinos are particularly enticing to players in locations with strict gambling restrictions. Local regulations often regulate access to gambling activities within their borders, which could become a challenge where the Legislation limits online casino activities. This local legislation usually applies to all casinos, but Crypto Casinos operate under fewer restrictions than their traditional counterparts.

However, even decentralized casinos may face stringent regulations. These regulations would require the casino to maintain local requirements, including geographical limitations, responsible gaming guidelines, and compliance with KYC requirements.

The Know Your Customer (KYC) requirements in most countries create structures for the Casinos to verify and identify their customer. The process only requires the player to provide their government-issued identification to verify basic details like their name, age, and address. The player can complete this process by uploading images of documents like their Drivers Licences and Utility bills.

Crypto casinos offer most of the convenience that punters want from their casinos. They also play vital roles in the transition to the next gambling evolution-Metaverse Gambling. These features do not mean that cryptocurrency casinos offer the ultimate gambling experience, but they are enough to usher us into what is to come.

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How Cryptocurrency Casinos Are Shaping the Future of Gambling - Novinite.com

EvenBet Identifies Gambling Trends and Priorities in a New Report – GamblingNews.com

EvenBet Gaming, a leading software solutions provider for online businesses, released a new report, outlining some of the biggest trends and priorities for gambling operators and vendors within the industry.

The recent report, called the Hottest iGaming Trends, reveals trends and challenges identified by EvenBet Gamings content and marketing team via discussions with partners and operators during different events. The company compiled the answers into a report and vowed that this will not be the only such edition. Instead, EvenBet said that the white paper will undergo an update near the end of the year.

A key trend identified by respondents in the recent white paper for the third quarter of 2022 was crypto. Cryptocurrency, crypto payment options and other crypto-related topics were identified as the most mentioned iGaming trend in Q3 2022 by participants in the white paper. According to the recent report, the global crypto population hit nearly 300 million as of December 2021, marking a staggering increase of 178%.

Additionally, EvenBets white paper identified that the crypto growth continues further this year. Service providers and vendors mentioned crypto more than operators. At the same time, the study identified that although the gambling industry is adaptive, banking has increasingly become more difficult.

Maybe, the crypto will be going to save the industry in a few years,

Although crypto was identified as a trend, it wasnt a priority for the respondents that participate in the white paper. Growth within new markets, as well as expanding presence within existing markets were identified as main priorities for operators and vendors within the industry.

Regulated markets are the future, but regulation delays innovation because we have to look at the different demands,

While growth was identified as a priority, the second-most mentioned trend was the increasing regulation within different jurisdictions. Both operators and vendors identified this trend as increasingly important. With that in mind, the report pointed out that while regulation is important, it can delay innovation.

Everybody is looking out of Europe,

Focusing on growth and expansion to new jurisdictions, participants in the latest report identified Europe as the least desired location. Vendors as well as operators pointed out that the markets that hold significant iGaming growth potential are Asia, Latin America, as well as North America, but almost never Europe.

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EvenBet Identifies Gambling Trends and Priorities in a New Report - GamblingNews.com

Over 37000 people in Latvia have banned themselves from gambling – Eng.Lsm.lv

In less than three years since the register of self-withdrawn persons has been in place in Latvia, more than 37 thousand people have voluntarily refused access to gambling and lotteries. The minimum closing date is one year, and 13 thousand people are past it. This means that a total of 24 thousand people are currently in the register. Almost 97% of those on the register are men, said Signe Birne, head of the Lotteries and Gambling Monitoring Inspectorate. According to her, the register works well and this level should continue to be maintained.

I believe it is a good indicator and people are taking advantage of this given opportunity, Birne said. The risk of gambling addiction remains very high in Latvia: three years ago, a study carried out by the Ministry of Health shows that 6% or 79 thousand people in Latvia are at risk of gambling addiction, while 16 thousand have a heavy dependency.

Although no accounts have been made for how many Latvian residents gamble, the associate professor of Rga Stradi University, Anda vte-Urtne, said conclusions can be made regardless.

For example, there is no smoking register in Latvia, and there will probably never be one, but that is why nationally representative studies are carried out. We know that about a third of Latvia's population is smoking. I have just looked at a previous, 2019 study, which concludes that half of Latvia's population has gambled once. And once a month, regular players, are12.5% of adults. We know the numbers, vte-Urtne said.

The researcher calls the self-withdrawn register a lifesaver, but it is not enough.

The register cannot be the only activity. There is always a need for a package of measures. The scientific literature contains four of these complexes. Neither of those methods is perfect, and the register will save us, too, but it's a good, thick slice of Swiss cheese that has holes. But they have to be put atop one another, in addition to everything that is already being done in Latvia, said vte-Urtne.

During an expert discussion on Tuesday, a number of proposals were made to improve the register, like shortening the minimum period of self-withdrawal, setting the minimum age of gambling at 21, and develop a joint register for the Baltic.

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Over 37000 people in Latvia have banned themselves from gambling - Eng.Lsm.lv

What Are the Different Types of Gambling? – Programming Insider

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Gambling has been very popular for ages. Originating from China, people used to gamble on board games back in the days, and play two-player card games or rolling dice for a win. With time, as everything else, even gambling evolved into something much bigger. With the internet and digital era, we have witnessed so many developments in the world, and one of them is gambling. There is a pretty good reason for its popularity it is so much fun, when done responsibly!

When we take its popularity into consideration, it is only logical for gambling to be diverse, in order to satisfy different needs. Below we will take a look at different types of gambling and how they have taken over the world.

Good Old Casino Games

At the top of the list, we have the standard casino games. They have become so popular that now we have cities developed around them. One of the most popular casino cities are Las Vegas, Monte Carlo, Macau, Singapore, San Jose, Atlantic City and London. Not only do these cities attract millions of tourists every year, but they have an incorporated gambling infrastructure within them. Try walking down the Vegas Strip and lets see if you can resist entering into the sparkly, shiny casinos that are all around you! They have a full range of casino games: poker, blackjack, roulette, slot machines and baccarat.

In 2022, gambling reached its peak by conquering the online world. Now, you can find all of these games online. You can even get free bonuses to start playing, line in the best Michigan online casinos. The online gambling era brought so many people in, who previously couldnt get to these famous cities or even at a casino in their own city, and can now enjoy playing in the comfort of their own home.

Lottery Games

There is no doubt that every person has played the national lottery at least once in their life! Or if not the national lottery, then one of the many lotto games that are out there. Unlike many other types of gambling, these games are always down to pure chance and luck. There is no way a person can alter anything in order to win or improve their odds. You get them at the supermarket, or lotto booths at the mall, they are cheap and colorful, with different themes and stories. Games we can put under this category are: scratch-offs, keno, lottery, bingo etc.

Sports Betting

Probably one of the oldest forms of betting, starting from cave fights and horse racing, now to stadiums full of sport professionals, sports betting has become the elite of any type of gambling. One of the most popular sports for betting are soccer, American football, basketball, combat fights and horse racing. With the evolution of the internet, you can now bet in real time, i.e., you can actually bet on the outcome of a penalty kick that the soccer team gets in the game.

Basically, there is an option to bet on anything that is sport related, which just adds even more fun and excitement to the sport, if possible!

Betting Shops

Same as above, these are meant for sports betting. The only difference is that they are physical shops where you can go and place your bet for your favorite team. Betting shops exist all over the world. In many countries they are equipped with tables to sit around, get a drink and watch the game live.

No matter the location you are in, there are certain rules about gambling and you must follow them. If you travel to a different country, check the age limit for gambling, so you can enjoy and have fun on the safe side.

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What Are the Different Types of Gambling? - Programming Insider

Pro teams deliver new pitch for sports gambling to NC lawmakers – WRAL News

By Brian Murphy, WRAL sports investigative reporter

Raleigh, N.C. North Carolinas major professional sports teams pushed hard for state lawmakers to legalize online sports gambling before its narrow defeat earlier this summer. They wrote letters, held in-person meetings with lawmakers and brought famous faces around the legislative building.

Now with the legislation likely to return next season, the teams are applying more pressure, explaining to key lawmakers that failure to act could punish their bottom lines and their ability to compete.

Before I think it was more of encouragement and how this would be helpful, said Sen. Jim Perry, a Kinston Republican, who co-sponsored the primary sports gambling bill. I think the follow up conversations have been, Hey, do you understand youre putting us at a competitive disadvantage against other teams, other states, other locations? Im not positive that the first round of conversations were in that manner.

Carolina Hurricanes general manager Don Waddell has been the pro hockey franchises point person on the gambling issue. He met with lawmakers in their offices throughout the past year. Waddell, a former player and coach, said hes learned more about politics in the past six months than he ever thought he would. He said online sports gambling is a competitive issue.

Compared to a lot of teams, were already way behind, he said. We cant compete with all the Canadian cities, the New Yorks, Bostons. We cant continue to fall further behind.

The Hurricanes, who advanced to the second round of the NHL playoffs last year, signed a five-year lease extension to remain at Raleighs PNC Arena through the 2028-29 season. The National Hockey League has a hard salary cap based on a 50-50 split of hockey-related revenue between the players and owners.

As revenues go up in the league overall, the cap goes up, Waddell said Thursday after a board meeting of the Centennial Authority, which owns PNC Arena. But if our revenues dont increase, now that 50-50 split starts to tilt the other way. For us, it might be 60% going to the players, only 40% going to us.

The Hurricanes, the NFLs Carolina Panthers and the NBAs Charlotte Hornets backed the online sports gambling legislation. Popular former Hornets players Mugsy Bogues and Dell Curry and Hornets team president Fred Whitfield visited with lawmakers previously.

The legislation would have allowed the teams arenas, plus Charlotte Motor Speedway and golf courses that host PGA Tour events, to operate sports lounges on or near their premises. Sedgefield Country Club in Greensboro is hosting the PGA Tours Wyndham Championship this week, and Charlottes Quail Hollow Club hosts the Wells Fargo Classic annually.

I dont think it was in a threatening manner, Perry said. They have to be competitive. They need to monetize as much of their facilities as possible.

Senate Bill 688, Perrys bill, failed 51-50 in the state House in June, marking the end of a long, contentious process to legalize online sports wagering in the state. A companion bill that contained many changes, Senate Bill 38, passed 51-50 just moments before. An amendment to that legislation stripped college sports gambling out of the legislation, a significant blow to supporters. The vote was not along party lines.

The result surprised some lawmakers.

I thought the bill was on its way to passage, said Rep. Kelly Hastings, a Cleveland County Republican who voted against both bills. I kind of knew where my gut was. I knew where a lot of my constituents stood.

Sports gambling is legal in North Carolina, but only at tribal casinos. The Eastern Band of Cherokee Indians owns two casinos in far-western North Carolina, where the first legal sports bet was accepted in March 2021. The Catawba Indian Nation is building a resort and casino in Kings Mountain in Cleveland County and currently operates a temporary casino, where it will begin taking sports bets this football season.

Hastings said he didnt receive pressure from the tribe or House leadership to vote for or against the bills. He said he informed the bills supporters of his intention to vote no ahead of time.

Everyone expects online sports wagering legislation to resurface next year. Will it meet a different fate?

Im confident, Waddell said. Weve got time now where everybodys heard it. Its been [at the] forefront. Now weve got the next three or five months to make sure everybody understands.

The state Senate passed the original bill in 2021 with Republicans and Democrats voting for and against the measure. Perry said new legislation would have to start in the House.

As the guy that sponsored the bill on the front end and navigated it through the Senate, Ive done my part, said Perry, who said he is not a gambler but sees the business impact of the legislation. If the topic comes up again, I think its reasonable that it needs to come back from their side back to us.

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Pro teams deliver new pitch for sports gambling to NC lawmakers - WRAL News

Zoning commission to act on gambling locations – Yahoo News

Aug. 4DANVILLE The Danville Area Planning and Zoning Commission will meet at 5:15 p.m. Thursday at city hall to act on a zoning petition requested by the city's zoning administrator regarding gambling.

The city's Zoning Administrator/Community Development Administrator Logan Cronk is requesting approval of a text amendment to the city's zoning ordinance for definitions and addition to a table of uses.

Cronk said this is in anticipation for when the Illinois General Assembly does further expansion of gaming activity that would be regulated by the Illinois Gaming Board.

Casino will be added to the definitions, defined as: "A facility with a main floor level of at least 10,000 contiguous square feet that is authorized by the Illinois Gaming Board to conduct gambling games pursuant to the Illinois Gaming Act."

Casino also would be added to the table of zoning district uses in B-3 business zoning and I-2 industrial zoning districts. Off-street parking spaces required: 1/400 square feet of floor area.

According to a memo from Cronk and Corp. Counsel James Simon to the zoning commission: "The city would like to be in a position to respond quickly if and when the Illinois Gaming Board approves other forms of gaming within the State of Illinois. Such other forms might include greater or an unlimited numbers of video gambling terminals, expanded off-track betting parlors (OTB), expanded college and professional sports wagering, and/or a combination of these and other possible forms of gambling."

"The commission, as well as the city council, must be mindful that rezoning and zoning text amendments may have an impact on one or more properties in the effected zoning districts. Zoning places limitations on how property owners may use their properties that may, in turn, diminish the value of their properties."

Casino-type activity could be located in other B-3 and I-2 zoning districts other than the ones located on the city's southeast side, such as the Stoney Creek area and East Fairchild Street in terms of I-2 districts, and along U.S. 150 but south of the North Gilbert and Main streets intersection in terms of B-3 districts.

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The city already has 33 establishments with 180 video gaming terminals in operation.

"Consistent with the city's interest in promoting economic development and redevelopment and in anticipation that new forms of gambling activity may be authorized by the Illinois General Assembly beyond video gaming and traditional casino activity, allowing gambling activity in the B-3 and I-2 zoning districts could facilitate the further economic development of these districts as well as go towards eliminating blight and filling vacant structures within those districts."

The B-3 zoning district already provides for cultural, entertainment and recreation facilities as permitted uses. However, inclusion of the casino definition and including casino on the use table will clarify the city's position on where new gaming activity could be developed, according to city officials.

This change would not create any new restrictions on property use in B-3 and I-2 zoning districts, but would increase the number of uses permitted in order to expand opportunities for future economic development.

City staff spoke with Joliet planning staff who said: Joliet's Harrah's Casino was developed within a blighted and low property value area. Property values increased greatly after construction and development of Harrah's Casino. Joliet's planning staff attribute the significant increase in property values in and about Harrah's Casino to that project.

Also, Hollywood Casino & Hotel was constructed and developed in an industrial corridor in Joliet. Joliet planning staff told Danville officials that following completion of that casino, the corridor has remained predominantly industrial. The construction and development of that casino had had no negative impact on adjacent and nearby industrial property values.

"(Danville) city staff see no reason to believe that an expansion of gaming activity within a B-3 and/or an I-2 zoning district would have any negative impact on the values of adjacent and nearby properties," according to Cronk and Simon.

To date, the city hasn't received any noise complaints from neighbors of establishments that make video gaming available where such complaints relate to the gaming function in those facilities.

Also in discussions with city planners in other casino communities, they've reported their casinos and video gaming locations have had no appreciable impact on crime within the facilities' areas and they've had a positive influx of visitors enjoying the casinos and spending money elsewhere in their communities, according to Cronk and Simon.

"The future revenue that the city hopes to gain from allowing additional lawful gaming activity in the city can be used for further improvements to infrastructure, blight reduction and additional economic development separate from that which could be generated by adoption of the city's proposed text and table of uses amendments," Danville staff state.

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Zoning commission to act on gambling locations - Yahoo News