Big week of casino fraud across the world

We’ve all heard stories of people trying to cheat the house, but this latest casino tale out of Pennsylvania really boggles the mind. A Scranton man is now facing fraud charges after he changed a bet while playing at Mohegan Sun at Pocono Downs. Qualeek Tamel Miller was playing Texas Hold’em at the casino back in May. At the beginning…

The $1 million poker cash game hand you won’t believe

Ever play online poker? Then you’re familiar with all the gripes about how Internet poker is rigged. It isn’t. There are all kinds of checks in place including 3rd party audits to make sure everything is completely random. But that doesn’t stop poker players from wondering how it’s possible to see so many crazy hands. The truth is that you’ll…

Three casino stocks that are worth betting on

With various Atlantic City casinos closing their doors, you might think that investing in gaming stocks isn’t such a smart idea. But Atlantic City seems to be undergoing a bit of a market correction. There are too many casinos and not enough players coming to town. And that’s because there are loads of other casinos in neighboring states. With decreased…

Baltimore and rustbelt America could be the new Vegas

When you think casinos, what immediately pops into your mind? Las Vegas? That’s fair. It is, after all, the state with the highest casino revenue in the United States. Do you know what’s first? If you said New Jersey, home of Atlantic City, you’d be a lot like most Americans who think of Atlantic City as an east coast Sin…

How to protect your credit card when using it online

You’ve heard stories of Target cards being compromised. Or of the big banks being targeted by hackers. It’s scary. Using your credit card online seems risky. But there are things you can do to protect yourself, whether you’re depositing to an online casino or shopping for goods on Amazon.com. Here are some top tips for staying safe with your credit…

Gambling in the UK makes online casinos look like child’s play

When it comes to online casinos, there’s a lot of debate in the US about regulation and whether states should tax an activity that people all over the country do anyway. Opponents of online gambling argue that Internet casinos cause people to bet more than they can. And it could lead to gambling problems. Studies have actually shown that the…

The Stars Bring You Tons of Presents in September!

In September, get ready to eat a lot of frosting and get tons of bow-wrapped boxes! This month at CoolCat Casino, it is all about birthdays! These are not regular birthdays though; they are the cream of the crop of Tinsel Town! Prepare yourself to spend every day at a different party with a different Hollywood star! Relax, do not…

Revel Casino in Atlantic City shutting doors next month

It was supposed to be the jewel of Atlantic City, but now it turns out the diamond in the rough known as Revel Casino is worth nothing more than fool’s gold. Revel Casino, the tallest building in all of Atlantic City and the second tallest skyscraper in New Jersey has announced that it will close its doors by September 10th.…

Blimey! Craziest British Bets Ever!

To most people, Great Britain is a land filled with tea, biscuits, royals and soccer! But, I might come as a surprise that the land of propriety is also the land of passionate gambling. The Brits are crazy about gambling, which constitutes an industry of over 7 billion pounds a year. In 2007, it was reported that at least 68%…

Revenge of the Nerds: How Geeks Changed Poker

One of my favorite things to do when I am surfing online is go into the BBC’s website and find out which new interesting shows they have or if there is a podcast I can listen to and learn something new. A few days ago, I ran into Tim Hartford and his series in Pop up Economics. Suddenly, I saw…