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Financial News In The Gambling

A clueless man drowning in ​​£100k debt after five years betting on sports he knew nothing about
Author
By Rebeka Kulakevich
Views
5

A clueless man drowning in ​​£100k debt after five years betting on sports he knew nothing about

39-year-old Chris Bilham is boldly speaking out on the topic of gambling addiction, as he struggled with it for five years. At the age of 30, he decided to take a chance and bet money on a football match on an app he had downloaded. Little did he know that wasn’t going to be the last, and he went down a spiral of a destructive gambling addiction that left him with a £100,000 debt and excruciating suicidal thoughts.  

Man scams casinos including MGM Detroit by turning up in elaborate disguises
Author
By Rebeka Kulakevich
Views
7

Man scams casinos including MGM Detroit by turning up in elaborate disguises

Stealing money from a casino is quite a challenge, and showing up with a gun to do so will quickly land you in jail. However, there are some creative people who need no weapon to do such a thing. A man from Harper Woods named John Christopher Colletti used his artistic skills to steal nearly $100,000 from VIP casino patrons by using quite literal impersonations and using the guests’ personal information to collect cash at several casinos, including MGM Detroit. 

Anti-smoking group wages war on smoking in casino facilities nationwide
Author
By Rebeka Kulakevich
Views
7

Anti-smoking group wages war on smoking in casino facilities nationwide

Smoking in a gambling facility is almost an aesthetic to some people. And even looking back at old-fashioned American films with casino scenes, you will see fancy men tossing cards with a cigar in their hand or a group of guys playing jackpot with their cigarettes filling a dark room with gray smoke. In other words, smoking while gambling is almost like a ritual to those who fancy tainted lungs. However, Americans for Nonsmokers' Rights foundation is not too happy about it.

Online casinos are taking over the gambling industry
Author
By Rebeka Kulakevich
Views
8

Online casinos are taking over the gambling industry

Online gambling is a hot topic, as it became one of the fastest-growing industries in the world. One of the main reasons for the success in the niche is the pandemic that prompted millions of people to find new activities due to simple boredom or desperation during the lockdown. And even those who already gambled at land-based casinos were forced to find an alternative since most facilities closed. Either way, that served as a massive spike in revenue for operators who know the art of attractive advertisement. 

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Author
By Alex Gambler
Views
44

Betsson’s Focus at LatAm: Record-Breaking Revenue in Q2

Betsson AB announced its latest report with numbers and statistics. The second quarter of Betsson’s work turned out to be record-breaking as the Q2 revenue was as significant as €186.3m (£158.9m/$189.5m), with the net income equal to €28.6 million or €0.21 per share. Though the results in Western Europe fell by about 40%, the market that succeeded was Latin America.

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