Gambling Hurting Bettors

Here are all the ways sports gambling is hurting some bettors’ finances

A new report shows that bettors are losing more than just parlay bets

Business - MarketWatch - 9 hours ago

Another bettor pleads guilty to wire fraud in gambling scheme involving ex-Raptors player Jontay Porter

Porter has been banned from the NBA for life

Sports - CBS Sports - 5 days ago

Procter & Gamble earnings beat estimates, but weak demand in China hurts sales

Procter & Gamble said volume fell in its Greater China market despite the earnings beat.

Business - CNBC - October 18

Bettors backing Bronny as long shot ROY pick

More bets have been placed on Bronny James to win the NBA's Rookie of the Year than any other player at multiple major U.S. sportsbooks.

Sports - ESPN - October 22

Bettors backing Ohtani over Judge for Series MVP

Dodgers superstar Shohei Ohtani is the betting favorite to win World Series MVP over Aaron Judge and the rest of the Yankees' sluggers.

Sports - ESPN - October 25

Mystery Overseas Bettors Up Trump Stake on Polymarket Site

Newly legalized betting on elections spawns a potential $43 million payout for a GOP victory, raises the online odds of a Trump win, as well as concerns about possible foreign interference.

Business - Inc. - October 22

Gambling stocks hit by fears of UK Budget tax grab

Ladbrokes owner Entain falls 8% while Flutter loses 6%

World - Financial Times - October 14

Don’t bet on a taxing outcome for UK gambling companies

Fears that money would flow from the regulated sector has long deterred action against the industry

Business - Financial Times - October 14

Macao's next leader wants to wean its economy off gambling

Slated to become Macao's leader, Sam Hou Fai says he will continue to steer its economy away from gaming and gambling.

Business - CNBC - October 14

Pakistan roll the dice and gamble on spin trio for second Test with England

Hosts drop regulars and bring in veteran spinners in the hope the Multan pitch used last week will turn this time . “There is no change in the approach,” insisted Azhar Mahmood, Pakistan’s ...

World - The Guardian - October 14

U.K. Gambling Stocks Fall on Reports of New Industry Taxes

Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.

Business - The Wall Street Journal - October 14

Ishiba’s election gamble: Japan’s PM fights to keep LDP on track

Reduced majority could impair the prime minister’s ability to tackle economic and demographic challenges

World - Financial Times - October 15

World’s biggest gambling hub rolls dice on new China-backed leader

Former top judge Sam Hou Fai has criticised ‘wild’ expansion of Macau’s gaming sector

World - Financial Times - October 17

Why America's THAAD defense deployment to Israel is a 'gamble' in Iran conflict

Around 100 U.S. troops will soon be on active duty in Israel to help defend the country against the potent missile threat from Iran and its regional allies.

Archie Karas, a Gambling Legend Who Made---and Lost---a Fortune, Dies at 73

Over a three-year span in the 1990s, Karas won as much as $40 million—only to lose it all in a fraction of the time it took to win it.

World - The Wall Street Journal - October 18

Jameson Williams, once suspended for gambling, facing a PES suspension

Jameson Williams will be eligible to return for the Lions' matchup with the Texans on Nov. 10.

Sports - Yahoo Sports - October 22

NFL Power Rankings: Where does everyone stand after Week 7?

Mike Tomlin made a gutsy call to switch to Russell Wilson. It worked against a Jets team that is flailing because of the "media." Here's the league landscape.

Sports - Yahoo Sports - October 22

Gambling poses huge global threat to public health, experts warn

Lancet commission calls for gambling to be treated in same way as alcohol and tobacco after technology widens reach. Gambling poses a growing worldwide threat to public health, with its rapid ...

World - The Guardian - October 24

Online gambling rise poses significant public health threat: Commission

The worldwide rise of online gambling poses a significant public health threat, according to a report released Thursday. The report, which was published in the Lancet Public Health journal, found ...

Politics - The Hill - October 25

Seminole Tribe settles legal challenges to online sports gambling exclusivity in Florida

The Seminole Tribe of Florida and a group of businesses that operate racetracks and poker rooms have settled a yearslong legal dispute over whether the Seminole Tribe should have exclusive rights ...

Sports - ABC News - October 28

Gambling on 'vibes' — why the betting markets are getting the election all wrong

The betting markets currently have Donald Trump at a 62% chance of winning Tuesday's election, but this is based on the bettors' models that rely on social media engagement, which may not ...

Politics - The Hill - 2 days ago

Peter Laviolette's Big Gamble Pays Off In Rangers' Win Over Islanders

The Rangers made major changes to their line combinations, which led to a decisive 5-2 victory against the Islanders.

Sports - Yahoo Sports - Yesterday

McLaren Gambled. It May Have Ended Their Formula 1 Title Hopes.

Lando Norris’s charge to overtake Max Verstappen could have met its unofficial end, a columnist for The Athletic writes.

Sports - The New York Times - Yesterday

Week 7 NFL trends, predictions, bets, odds: Sharp money picks from professional football bettors in Las Vegas

Sportsbook veterans and Las Vegas insiders reveal sharp money Week 7 against the spread NFL picks from respected pro football bettors

Sports - CBS Sports - October 20

Week 8 NFL trends, predictions, odds, bets: Sharp money picks by professional football bettors in Las Vegas

Sportsbook veterans and Las Vegas insiders reveal sharp money Week 8 NFL against the spread picks from respected pro football bettors

Sports - CBS Sports - October 27

Union leaders' outdated methods hurt workers and the economy

The International Longshoreman's Association is demanding outrageous wage increases and a ban on automation at American ports, threatening to disrupt the economy and cost jobs.

Politics - The Hill - October 14

Berhalter accepts USMNT firing, but 'it still hurts'

Gregg Berhalter acknowledged that his firing in August as USMNT coach was "a really difficult moment," but said he's now hungry and motivated again to take on his new roles as Chicago Fire head ...

Sports - ESPN - October 18

Panthers' Young to start after Dalton hurt in crash

Bryce Young will start at quarterback for the Panthers on Sunday against the Broncos after Andy Dalton sustained a sprained right thumb in a car accident Tuesday, coach Dave Canales said Wednesday.

Sports - ESPN - October 24

The promise of Richardson's future could be hurting Colts' present

Joe Flacco probably gives Indianapolis a better chance of winning than Anthony Richardson right now, but Indy is playing the long game with its second-year QB.

Sports - Yahoo Sports - October 23

The Papers: Reeves 'risks hurting pensioners' and shoplifting 'crisis'

Warnings ahead of Rachel Reeves' first Budget, and the soaring cost of theft from shops, lead the papers.

Driver seriously hurt in fake police car robbery

The victim, in his 30s, suffered a broken jaw and eye socket in the attack, police say.

Ohtani hurts shoulder in G2, set for more testing

Shohei Ohtani suffered a shoulder injury while sliding into second base on a steal attempt. Dodgers manager Dave Roberts said the superstar had a minor dislocation and would undergo further testing.

Sports - ESPN - October 27

AMD’s stock is getting hurt by this ‘unpalatable’ reality

One analyst says that AMD’s muted guidance is unlike what Wall Street has come to expect of “AI names.”

Business - MarketWatch - 6 days ago

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