Karas passes away Renowned gambler Archie Karas, who claims to have gambled more money in casinos than anyone in history, has passed away at the age of 73. He eventually turned a $10,000 loan into $50m before giving it all back. Karas, born Anargyros Karabourniotis, was famed for “the run,” a legendary heater in 1992…
Dara O’Kearney: Advanced Target Satellite Strategy
Growing experience In a previous article, I recounted that on the day Barry Carter and I launched our first book “Poker Satellite Strategy,” we immediately feared that an event on the other side of the Atlantic would scupper the sales of our newborn. In California, the ever innovative Matt Savage announced his latest creation, a…
The World Poker Tour Is Doing a $5m Grushie!
Grushie! Within the Celtic tribes, there was an old wedding tradition, whereby on the morning of the nuptials, the father of the groom would emerge from his home, gather his neighbors around him, and yell “grushie” as he threw a handful coins up into the air. Sometimes, a good natured “pile on” would ensue as…
Alabama Bill Would Elevate Gambling Convictions to Felonies
Alabama is among the most limited states when it comes to gambling. The Cotton State has no commercial casinos or racinos, iGaming, sports betting, or even a state-run lottery. New legislation would implement harsher penalties for those who don’t abide by the restrictive gambling rules. An electronic bingo hall in Alabama’s Jefferson County is pictured….
Federal Bill Seeks to Implement Sports Betting Guardrails
On Thursday, U.S. Rep. Paul Tonko (D-New York) formally introduced legislation that seeks to place federal regulations on the rapidly growing sports betting industry that’s today legal and operational in 38 states plus Washington, D.C. U.S. Rep. Paul Tonko discusses his federal sports betting bill outside the Capitol on Thursday, Sept. 12, 2024. Tonko’s SAFE…
Ohio iGaming Bill Introduced but Online Casinos Have Powerful Opponents
An Ohio lawmaker this week filed legislation in the Columbus capital seeking to legalize online casinos with interactive slot machines and table games. Upperclassmen at Ohio State University can already place legal sports bets on their mobile devices. A state lawmaker wants to expand the online gaming offering to include iGaming with slots and table…
Numerous Eight-Liner Machines Shut Down After Texas Raids, $17K Seized
Sixty eight-liner gaming devices at four different stores were put out of service this week after police raids in DeSoto, Texas. Officers also confiscated $17K from alleged gambling sites during Tuesday’s searches. A DeSoto Police Department SUV, pictured above. The Texas police agency conducted illegal gambling raids this week. (Image: Flickr) The owners and managers…
Nebraska Online Sports Betting Bill Advances, Odds Remain Long
Legislation to expand gambling in Nebraska to allow online sports betting advanced out of committee on Monday during the legislature’s special session. Nebraska’s beloved Cornhuskers football program kicks off its 2024-25 season on August 31. Nebraska sports betting remains limited to retail sportsbooks at casinos. (Image: Getty) The Unicameral General Affairs Committee passed LR3CA by…
Bill to Expedite NYC Casino Licenses on Life Support
Legislation to speed up bidding for three New York City-area casino licenses faces a bleak near-term outlook. The objective of the bill was to open the window for proposals by the end of this month, but that appears unlikely because there’s less than three weeks left in August. An aerial shot of the New York…
Indiana Veterans Groups Urge Legislature to Allow Electronic Charitable Gaming
Veterans groups in Indiana have formed a political action committee (PAC) to encourage state lawmakers in Indianapolis to pass legislation authorizing electronic charitable gaming. Indiana veterans groups are asking state lawmakers to allow electronic pull tabs at their nonprofit facilities. Indiana’s charitable gaming law currently only allows paper games as shown in the photo. (Image:…