Why You Should Be Investing Into Gambling Stocks From the USA
Gambling has a rich and storied history in the US. Lotteries were the first legalized form, but over the years, the activity diversified and spread, and so did the anti-gambling movement, making it illegal in most places. It wasn’t until 1929 and the stock market crash along with the Hoover Dam project that led to the legalization of gambling in Nevada. In recent times, gambling laws are experiencing a renaissance of sorts worldwide and in the US, and gaming stocks soar.Q2 2020 hedge fund letters, conferences and moreAccording to statistics, the US gambling industry contributes $137 billion to...
Tribal lawsuit reveals sheriff threatened to block access to reservations
SAN DIEGO — A lawsuit filed by one of San Diego County’s tribes reveals that COVID-19 was already spreading among casino employees and patrons in the early days of the pandemic and that Sheriff Bill Gore, in an effort to get casinos to close their doors, threatened to restrict access to tribal lands.The Aug. 6 suit was filed by the Jamul Indian Village Development Corp. — the company that operates the Jamul Casino and a branch of the Jamul Indian Village’s tribal government — against its insurance provider, Lexington Insurance Co.While arguing that Lexington had wrongly refused to reimburse th...
The San Diego Union-Tribune
Today the Cubs want a Wrigley Field betting parlor, but 100 years ago the team orchestrated a gambling raid that resulted in 47 arrests in its bleachers
CHICAGO — Today, Chicago Cubs management talks of welcoming gamblers to Wrigley Field.A century ago, it was calling the cops on them.Recent news of the Cubs’ plan to open a betting parlor at the Friendly Confines recalled when police staged a gambling raid in the ballpark’s bleachers on May 24, 1920, arresting 47 spectators during a game against the Philadelphia Phillies.“CUBS PARK RAIDED,” blared the front-page banner headline in the next day’s Chicago Tribune.Acting on a complaint from management of the ballpark, which wouldn’t be renamed Wrigley Field until 1927, undercover officers sprang ...
NY to investigate Long Island bar for taking bets on number of shootings over Labor Day weekend
NEW YORK — A Long Island bar that reportedly bragged on Instagram about taking bets for whether New York City or Chicago will have the most Labor Day weekend shootings is now squarely in the crosshairs of the State Liquor Authority.New York state officials blasted the Cliffton in Patchogue for its “repugnant” post — and said that the bar was already in trouble for refusing to let inspectors check it for coronavirus violations.Several social media users posted screen grabs of the betting pool Saturday, which looks like a Super Bowl box pool and suggests that the bar will take 10% of the proceed...
New York Daily News
Chocolate chip cookies in sync with the times
It can be tough to maintain healthful eating habits in stressful times, when the snack you hanker for probably begins with “chocolate” and ends with “cookie.”Chef Nicole Burgess offers some help through a recipe she developed for National Chocolate Chip Cookie Day, observed Aug. 4. Burgess, the pastry chef at Pechanga Resort Casino in Temecula, California, wanted a recipe for those who may be working to shed so-called quarantine weight.But these definitely don’t taste like diet cookies.“I originally made these ‘healthy’ chocolate chip cookies on accident at home,” said Burgess, who decided to ...
The San Diego Union-Tribune
Slow dismantling of old Trump Plaza casino in Atlantic City has begun
ATLANTIC CITY, N.J. — The process of eliminating the former Trump Plaza casino from the Atlantic City skyline will still end with the boom of an implosion sometime next year.But this month, a demolition crew from Pennsylvania began the slow work of gutting the interior and taking down portions of the building in preparation for the implosion.The 10.5-acre property is owned by billionaire Carl Icahn.On Monday, a small group of evangelical marchers, urging people to repent, noisily walked by along Pacific Avenue with signs and bullhorns, an event apparently unrelated to the work at the once-icon...
The Philadelphia Inquirer
NASCAR at New Hampshire full results: 3 things we learned from Brad Keselowski's win
LONDON, N.H. — Brad Keselowski danced with Denny Hamlin for most of the 301 laps at New Hampshire Motor Speedway Sunday evening. With 81 laps left, Keselowski made the final pass for first place and held onto the lead with clean air and a faster car through the checkered flag.Hamlin finished in second followed by Martin Truex Jr. in third at the Foxwoods Resort Casino 301.The veteran drivers bobbed and weaved around each other, exchanging the lead 12 times between Keselowski and Hamlin, but it was the No. 2 Ford Mustang that powered Keselowski through to his third win of the season as the race...
The Charlotte Observer
Iran’s China gamble likely to end in tears
The American playwright Wilson Mizner put it very well: Gambling is the surest way of getting nothing for something. There can be little doubt that Iran’s stunning, formal alliance with China amounts to one of the greatest strategic gambles of our time. There can also be little doubt that, in the end, Mizner will be proven right once again; this is a gamble that will, geostrategically, bring Tehran nothing.Before we look at the actual terms of the deal and what it means, it is first necessary for us to stop in its tracks the tired but dangerous, center-left Wilsonian narrative that is already ...
Atlantic City's casinos — all but one — reopen with no smoking, drinking, or eating inside
Atlantic City casinos welcomed gamblers for the first time in almost four months on Thursday, but the seaside city famous for not enforcing Prohibition couldn’t let its guests drink on the casino floors.The booze ban was one of several state restrictions that casinos complied with to open during the coronavirus pandemic. Gamblers wore masks and were separated by empty seats or acrylic glass partitions. No one could smoke, eat, or drink on the casino floor.The casinos were limited to 25% capacity, too, but that wasn’t a problem. Social distancing was easy, as some customers had entire rows of s...
The Philadelphia Inquirer
Online Poker: A Significant Part Of The Online Gambling Industry
Gambling is one of the oldest sports and has been present since ancient times. However, instead of fading away, its charm continues to allure people of all ages. The gambling industry has witnessed a true revolution, from being just limited to cards to numerous digital gamesand from real-land gigantic casinos to online gambling sites.Q1 2020 hedge fund letters, conferences and moreOnline Gambling Industry Worth Billions Of DollarsThe result of this revolution is the emergence of the online gambling industry, which is now worth billions of dollars. One significant factor that has made the onlin...