When considering US elections it pays to “follow the money” – and not just the campaign donations. Head to the bookies, not the polls, to see who’s really in with a shout.
What happened to “a penny saved is a penny earned?”
The Kirner government passed legislation in 1991 to enable a duopoly to establish poker machine venues in local hotels and clubs in Victoria.
AAP/Dan Peled
Joan Kirner was persuaded by an eager pro-gambling lobby that the financial benefits would save Victoria – and her government. But they certainly didn’t save her government.
New research reveals the relationship between luck and skill in winning at poker.
Coal seam gas has proved a hot topic ahead of the NSW election, not only on the campaign trail but also on social media, where a ‘social mood reader’ can reveal the depth of community feeling.
NewZulu/Tony Markham/AAP
Beyond polls and betting markets, how else can we gauge how people feel ahead of future elections? Social media is a goldmine, and one of the newer ways to tap into it is with a “social mood reader”.
Secret footage revealed that Australian greyhound trainers are still using the banned practice of live baiting.
Animals Australia
Australia’s greyhound industry is reeling from the ABC’s Four Corners expose, featuring graphic footage of racing dogs tearing other mammals apart in the illegal training practice of live baiting. The…
China’s moves against the global gambling industry needs to understood against historical and domestic concerns.
AAP/ EPA/YM EPA
China’s recent clampdown on foreign casinos has been portrayed as an extension of Xi Jinping’s anti-corruption drive, but it is also more than that. The motives behind Xi’s declaration of war against the…
Damien Oliver (left) rides Fiorente to victory in Race 7 the Emirates Melbourne Cup at the 2013 Melbourne Cup.
AAP Image/Hamish Blair
If you’re looking for a definitive answer on who will win the Melbourne Cup – the world’s most prestigious two-mile handicap – I’m afraid I’m going to leave you sorely disappointed. What I can offer is…
Study the form guide all you like – on big race days, your money’s probably safer in your pocket.
AAP/Joe Castro
Australia’s iconic sporting event – the Melbourne Cup – will see more than 100,000 punters pack into Flemington Racecourse this Tuesday, while those at work around the country pause to tune in to The Race…
You might assume that when it comes to poker anything goes. Isn’t it all about bluffing and lying? Perhaps, but there are of course still a set of rules, and to break these would constitute cheating. But…
Casinos like this one in Maryland bring benefits as well as costs. The challenge is working out which is greater.
www.marylandlivecasino.com
During the past two decades, the US casino industry has expanded dramatically. According to the American Gaming Association, there are now nearly 1,000 commercial and tribal casinos in the country. Plans…
Check for that little white box before you step up to the table …
Antoine Taveneaux
My brief experience in a casino was pretty typical, I’d say. Flashing lights. The faint smell of booze. Not much chatter among patrons. The sounds of dice rolling, machines buzzing, and coins clanking…
For some vulnerable gamblers, social casino games can trigger a desire to gamble for real money, while for others the games can act as a useful distraction.
shutterstock
Free-to-play social online games that simulate gambling are a hugely popular, and profitable, new phenomenon, but concerns have been raised about how innocent these games really are. Our recently published…
Recent changes to gambling regulation in Queensland will allow for a rapid expansion of the industry.
AAP/Tracey Nearmy
The Queensland government has recently implemented changes to poker machine regulation under the banner of “red tape reduction”. Some of these are relatively minor at first glance; others have more obvious…
The proposed Aquis casino in Cairns is likely to be underwritten by the poker machine losses of local residents.
AAP/Aquis Great Barrier Reef
The proposed Aquis casino resort in Cairns is edging ever closer to regulatory approval. The development is touted by proponents as a “man-made wonder of the world” and will cost billions to develop. The…
The introduction of a $1 maximum bet for poker machines, as has been proposed in Victoria, might not end problem gambling, but it would certainly reduce its harmful effects.
AAP/Tracey Nearmy
The Greens have tabled a bill in the Victorian parliament that would introduce a maximum bet of $1 per spin for the state’s 30,000 poker machines. While the bill is almost certain to fail, the introduction…
Gambling products are only harmful when people consume too much of them.
Carol Von Canon
Most people are aware of the harms of problem gambling. Playing pokie machines, placing bets and visiting casinos can be a very expensive form of entertainment. And when gamblers lose more than they can…
Research a better bet than an octopus oracle.
Roland Weihrauch/EPA
Given my academic background it may come as little surprise that when I gamble, I expect to lose in the long run. But, that is not to say that I don’t have some golden rules that I apply in gambling situations…
Professor of Economics and Finance. Director of the Betting Research Unit and the Political Forecasting Unit at Nottingham Business School, Nottingham Trent University