Nov 14 Watch Atlantic City shuffles for business as casino luck runs out By PBS News Hour Casinos have been Atlantic City’s lifeblood. Now, they’re bottoming out at alarming rates -- four have already closed this year, leaving thousands unemployed. Economics correspondent Paul Solman explores the gamble that elevated Atlantic City in its prime, and how residents… Continue watching
Oct 29 FBI impersonated repairmen in ruse, court filing says By Alicia A. Caldwell, Associated Press Federal agents turned off Internet access to three luxury villas at a Las Vegas hotel then impersonated repair technicians to surreptitiously get inside and collect evidence in an investigation of online sports betting, according to defense lawyers challenging the practice. Continue reading
Mar 02 Gamblers wager billions on unregulated Bitcoin betting sites By Simone Pathe Billions of dollars in gambling is happening in a currency that is largely unregulated, on websites set up on offshore servers, and right under the noses of officials who are unaware it exists. Continue reading
Jan 29 Betting on the Super Bowl? Get math on your side By Rebecca Jacobson, Inside Energy This Sunday, millions of football fans will cheer for the Denver Broncos and the Seattle Seahawks in the Super Bowl and more bets will be placed on the Super Bowl than on any other single-day sporting event. But professional sports… Continue reading
May 06 The Everyday Risks of Jockeying for Position Ahead of horse racing's Triple Crown series, which begins with Saturday's 137th Kentucky Derby, the NewsHour begins a series of looks at the sport. Continue reading
Nov 10 How Will the Downturn Affect the Gambling Economy? Question: Will the downturn in the economy have a lasting effect on the Las Vegas gambling economy? I am a “low roller” and even I am receiving many free offers for rooms in Las Vegas. Paul Solman: Let’s hope so. Continue reading
Mar 18 Why Are Pension Funds Investing in Hedge Funds? Question: Why were pension funds allowed to “invest” in a hedge fund? Hedge funds are nothing more than gambling. Paul Solman: Because pension funds are supposedly big enough and therefore sophisticated enough to know what they’re doing and take considered… Continue reading
Nov 12 Watch Immigration Shapes Las Vegas’ Political, Economic Growth Although Las Vegas is internationally known as an entertainment capital, job growth has spurred a population and development boom in the city. As part of the Big Picture election series, Ray Suarez looks at the changing demographics of the city's… Continue watching
Oct 16 Watch President Bush Signs Law Banning Internet Gambling President Bush's signing of the Unlawful Internet Gambling Enforcement Act bans the use of credit cards, checks, and electronic transfers to place bets on gambling websites on the internet. Analysts discuss the implication of the recent law. Continue watching
Jul 06 Watch New Jersey Governor, Legislature Reach Budget Deal New Jersey Gov. Jon Corzine and state lawmakers reached a budget agreement Thursday, ending a six-day shutdown of the government and Atlantic City's state-inspected casinos. Continue watching