gambling

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Mystery Gambler Won $14M Betting on World Series

'Let It Ride' bettor picked winners of 1st 6 games; sat out Game 7

(Newser) - Much like with the World Series itself, the end of a ludicrously gutsy run of World Series betting was a bit of a let down. Sport Illustrated reports an unknown gambler had successfully picked the winner of the first six games of the World Series, re-betting his winnings every time....

Top Gambler Won't Get $10.2M After Court Rules He Cheated

Phil Ivey has been fighting for the money since 2012

(Newser) - Professional poker champ Phil Ivey won't be getting the $10.2 million he thought he won from a London casino, the Guardian reports. The 40-year-old, whom the BBC calls "the Tiger Woods of poker," was found to have cheated in order to win the money while playing...

This We Know About Vegas Gunman: He Loved to Gamble
This We Know About Vegas
Gunman: He Loved to Gamble
the rundown
Oct 2, 2017 2:40 PM CDT

This We Know About Vegas Gunman: He Loved to Gamble

Stephen Paddock often played for big stakes, says his brother

(Newser) - As the world struggles to understand why Stephen Paddock unleashed the deadliest mass shooting in US history on his Las Vegas victims, one fact is becoming clear: The 64-year-old loved to gamble, and for big stakes. Whether that has anything to do with the shooting, however, remains very much unclear....

Cops: Teacher Blew Student Activity Cash on Penny Slots

Michigan's Lydia Johnson accused of lifting $31K from dance, trip funds

(Newser) - Last year, Lydia Johnson is said to have blown $90,000 at the MGM Grand Detroit casino, which would be a lot of your own money to lose, let alone someone else's. And a chunk of it was allegedly someone else's. Macomb County authorities say the 29-year-old Dakota...

No Easy Fix for Russian Hack That Scams Casinos
No Easy Fix for
Russian Hack
That Scams Casinos
LONGFORM
Feb 7, 2017 2:54 PM CST

No Easy Fix for Russian Hack That Scams Casinos

'Wired' dives into how St. Petersburg group figured out slot machine patterns

(Newser) - An iPhone and a few well-timed button pushes by a mysterious patron was all that was needed to make a Missouri casino's slot machine pay out lots of cash. But this wasn't just a random scammer who'd figured out how to play the machine: It was part...

A Slot Machine&#39;s Deception, a Man&#39;s Tragic Death
A Slot Machine's
Deception, a Man's
Tragic Death
in case you missed it
Nov 20, 2016 5:30 PM CST

A Slot Machine's Deception, a Man's Tragic Death

Scott Stevens killed himself after a 6-year gambling addiction—were the machines to blame?

(Newser) - About 1% of the US population (around 3.2 million Americans ) has a gambling disorder, per the National Center for Responsible Gaming —and the Atlantic tells the tragic story of one of those addicts and how a lawsuit took the entire industry to task for his death. Scott...

Woman 'Wins' $43M on Slots; Casino Says Not So Fast

The slot machine giveth huge payout, the slot machine 'malfunction' taketh it away

(Newser) - There are mechanical malfunctions on the order of you losing out on some pocket change and a bag of Fritos, and there are mechanical malfunctions on the order of the one Katrina Bookman faced in August, which amounts to a loss of $43 million and a steak dinner. As ABC7...

How One Man Made $2.5M Betting on the World Series

'Vegas Dave' and his history of long-shot sports bets

(Newser) - "Vegas" Dave Oancea started his career as a professional gambler by taking out a $10,000 student loan, going straight to Vegas, and putting it all on red. Telling his story to Mel Magazine , Dave says: "It hit, and I turned the 10 grand into 20. That started...

Accused in $2M Theft, NYC's 'Hottest Vegan' Felled by Pizza

She's now in Riker's, accused of stealing millions from her own restaurant

(Newser) - It's a dizzying downfall: Sarma Melngailis went from the Ivy League and French Culinary Institute to near-instant fame and success in the Big Apple when she opened the vegan restaurant Pure Food and Wine, frequented by the likes of Alec Baldwin. Hailed as the city's "hottest vegan"...

$100 Bet on Syracuse Win Could Pay $100K

Wager was placed when no one thought the Orange had a chance

(Newser) - In an incredible run that SB Nation says "doesn't make sense" and Sports Illustrated labels "improbable," Syracuse beat No. 1 seed Virginia 68-62 on Sunday, the AP reports—making the Orange the first No. 10 seed to make it to the Final Four. And one bettor...

Monk Embezzled $200K From Temple to Fuel Gambling Habit

Khang Nguyen Le pleaded guilty

(Newser) - A Buddhist monk accused of embezzling more than $200,000 from his Louisiana temple to feed a casino gambling habit has pleaded guilty to fraud, the AP reports. The Advocate reports that 38-year-old Khang Nguyen Le will be sentenced June 27 after his guilty plea Thursday to one count of...

Gamblers Fix Pro Tennis Matches: Report

Investigators accuse officials of letting problem fester

(Newser) - First FIFA , now this? Yep, evidence has emerged of possible widespread match-fixing in the pristine world of professional tennis. According to documents obtained by the BBC and Buzzfeed , investigators hired by the Association of Tennis Professionals uncovered signs of corrupt betting syndicates and gamblers buying off well-ranked players—but...

Dealers, Pals Charged With Stealing $1M From Bellagio

Authorities say dealers paid out phantom bets at craps tables

(Newser) - Two former casino dealers and two friends are accused of siphoning more than $1 million off craps tables over two years, using phantom bets at Las Vegas' posh Bellagio resort. James Cooper Jr. and Mark Branco were fired by the Bellagio after the scheme came to light, and they were...

Casinos Go to Wild Extremes to Keep 'Whales' Playing

Casinos' rules are nebulous when it comes to their biggest players, dealers complain

(Newser) - One high roller requests a refrigerator full of bananas that he squeezes and throws as he gambles. Another urinates against a wall. Others throw chairs, scream at dealers, and expect rules to be bent. In the increasing competition for the biggest spenders, casinos pull out all the stops with comped...

Gambler Loses $318K on UK Elections

Although he was playing with the house money, after earlier Scottish bet

(Newser) - You win some, you lose some. Just ask Ed Miliband and this gambler: The anonymous bettor was so sure that the UK elections would result in a hung parliament that he put down $316,500 with a bookmaker, reports USA Today via the Independent . Then the Conservatives stunned pollsters by...

Casino to Gamblers: You Owe Us $1.5M

Golden Nugget casino says mini-baccarat cards were unshuffled

(Newser) - So you failed to unshuffle the deck—why is that our problem? That's essentially what a group of 14 gamblers are arguing in an effort to retain $1.5 million they won at an Atlantic City casino in 2012, the AP reports. They filed a motion yesterday in an...

China Arrests 30K in Porn, Gambling Crackdown

Campaign to 'clean up Internet' continues

(Newser) - A sweeping crackdown on porn and illegal gambling has resulted in more than 30,000 arrests in a single Chinese province, authorities say. In the latest wave of arrests in Guangdong province, more than 8,000 people were detained during operations that included smashing a $5 million online gambling ring,...

Why You Should Gamble Before You Chow Down

Hungry people might make better long-term decisions, researchers say

(Newser) - You know not to go grocery shopping on an empty stomach. But making complex decisions while your stomach's rumbling? Go for it, Utrecht University researchers say, claiming that hungry people might delay gratification and make better long-term choices, Pacific Standard reports. A study published in PLoS One conducted three...

Compulsive Sex, Gambling Tied to Parkinson's Drugs

Researchers say dopamine agonists should get black-box warnings

(Newser) - Parkinson's drugs are known for a range of side effects, including hallucinations, psychosis, and extreme drowsiness. But researchers say there's also a clear link between the use of some of these drugs and impulse control issues that result in hypersexuality, compulsive gambling, and uncontrollable spending, reports LiveScience . Looking...

Poker Pro Cheated to Win $12.4M: Judge

Phil Ivey says his way of playing baccarat is legit, but a London court disagreed

(Newser) - A London judge ruled yesterday that a professional poker player used a croupier "as his innocent agent or tool" to cheat a London casino out of $12.4 million, Bloomberg reports. Phil Ivey—described on the World Series of Poker website as "arguably the best poker player in...

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