Up until the 1919 Black Sox Scandal, gambling and baseball had a marriage of convenience. A century later, gambling is again being seen as a solution to the sport’s woes.
Gambling operators are required by law to donate some of their revenue for charitable purposes. But a review of data in Victoria shows that charitable giving is actually far less than they claim.
The failure of regulators to uncover alleged criminal activity at Crown casino is an important story. But regulatory failure in gambling runs deep, and is a major political problem.
Losing revenue from hotels and liquor retail outlets will hurt Woolworths Group, but not too much. The long-term reputational benefits are considerable.
Decades of psychological research suggests humans are rather irrational. But a new approach, borrowing an idea from artificial intelligence, challenges this notion.
New research has found that more than a third of Australian sports gamblers are making micro-bets using offshore operators. And this type of betting is strongly linked to problem gambling.
Electronic gambling machines can be highly addictive, and are associated with very high rates of gambling harm. Many of the mechanisms of this potential for addiction are now becoming clearer.
A gaming industry expert explains how casinos’ ability to hide the price of a slot spin ensures a reliable stream of revenue from even the savviest of gamblers.
When you engage in recreational gambling, you’re not simply playing against the odds – you’re battling an enemy trained in the art of deceit and subterfuge who uses human nature against you.
Professor of Economics and Finance. Director of the Betting Research Unit and the Political Forecasting Unit at Nottingham Business School, Nottingham Trent University