Financial News In The Gambling

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.  

For the first time in history, the entire globe shared a comparable struggle - the pandemic lockdown. The deaths from COVID are certainly the main subject of this painful period, but even those who weren’t touched by the virus got a neat old slap in many other ways. Some lost their jobs, others had to stay outside of hospital doors while their loved ones were dying inside, and many took relief in morally forbidden things like drugs and alcohol abuse. This is an undeniable fact, as alcohol sales went up by 60% in the past year, and drug-related crimes began taking over regions all around the earth. 

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. 

If you win money on a Lottery ticket, you best sign your name on it or hold on to it tightly until you do. It’s better not to go announcing it to the whole either before cashing it. But what do you do if a store clerk is the one trying to cheat you out of your winnings? A woman from Boston serves as an excellent example of what to do in that situation.

The gambling industry never sleeps - new technologies continuously surface at an impressive speed, and it's always worth checking out. Hundreds of gaming industry vendors came together for an unforgettable event at the Indian Gaming Tradeshow and Convention in Las Vegas this July to share the new gambling technologies, some of which are already available across casino floors.