online gambling

3 Stories

Her Hunch 20 Years Ago Made Her a Billionaire
Her Hunch
20 Years Ago
Made Her
a Billionaire


longform

Her Hunch 20 Years Ago Made Her a Billionaire

Guardian profiles Bet365 founder Denise Coates, who knew gambling's future was online

(Newser) - Britain's richest woman didn't start out that way. As the Guardian reports, 57-year-old Denise Coates grew up as the daughter of a "moderately successful" businessman, and part of his business included brick-and-mortar betting parlors. In the early 2000s, Coates bet big that the future of gambling lay...

Social Sportsbooks Open Virtual Gambling to Minors

And experts are growing concerned

(Newser) - After the Supreme Court lifted a federal ban on sports gambling in 2018, a flurry of new players in the online gambling space emerged. Among them were "social sportsbooks" that take bets using "virtual currency," reports the Washington Post . With loose age restrictions (most are rated for...

It Takes a Village (to Build Fake Cricket League, Scam Bettors)
In the World of Cricket,
a Peculiar Hoax
longform

In the World of Cricket, a Peculiar Hoax

'Sports Illustrated' explains how villagers in India created a fake tournament to scam bettors

(Newser) - A group of men in a remote Indian village put up a makeshift cricket stadium and managed to scam Russian online betters, at least for a while—a tale that reveals how far corruption and match-fixing runs in the "gentleman's sport" as well as online gambling. Sports Illustrated ...

3 Stories