post image

When gambling losses spike, the question becomes: Why?

This week, gambling losses spiked after gambling losses plunged after the Federal Reserve raised interest rates for the first time in nearly two decades.The rise of casino-like gaming in Las Vegas, New York and Philadelphia has created a major headache for the federal government and its gambling regulators.As the gambling industry’s losses mount, some analysts

post image

How the Illinois Lottery Is Making Bigger and Bigger Gambling Losses

Illinois gambling is suffering from a major problem: the size of its losses.The Illinois Lotteries annual losses for the first quarter of 2016 are now $1.1 billion, up from $872 million in the same period last year.That’s a bigger percentage of the state’s total losses, and it means that the Illinois State Gaming Commission (ISGC)

post image

How to avoid losing your online gambling money

One of the best ways to minimize your gambling losses is to start using a casino.However, if you are planning to gamble on the Internet, be aware of what types of gambling sites you may be able to use to start.Here are some of the sites that are legal in Florida and are regulated by