Pachinko funds N. Korean nukes?

Pachinko is a major Japanese industry, earning about $300 billion a year–about six times what all American casinos make. But, despite hard proof to the contrary, some are limiting their play, fearful that some pachinko profits end up in the coffers of North Korea’s dictator Kim Jong Il. From the Mainichi Daily News: Gambling at […]

Pachinko funds N. Korean nukes? Read More »

gambling & culture

Fish-talking (potential) first lady

Yesteday, Iowa governor Tom Vlisack announced his candidacy for the 2008 Democratic presidential nomination. Anyone who was reading back in my Casino [ptz] days then will remember the controversy that Vilsack’s wife unleashed when she accused South Jerseyeans of talking like fish: “The only way I can speak like residents of New Jersey and eastern

Fish-talking (potential) first lady Read More »

atlantic city

Rare look inside the Sky Villas

It’s November sweeps, so you might have noticed your local TV news ratcheting things up a little. Los Angeles’s CBS2 made the drive up I-15 and gave viewers a very slickly-produced glimpse inside the Las Vegas Hilton’s Sky Villas. These three suites–the Verona, Tusancy, and Conrad–were Hilton’s 1994 reaction to the high-roller wars. I don’t

Rare look inside the Sky Villas Read More »

life in vegas

A foolish review of Roll the Bones

I’ve gotten another really positive review of Roll the Bones. This one appeared in the Motley Fool, and considers the book’s utility for investors: The ruffle of shuffled cards, the muted rumble of thrown dice, the dings of slot machines. The sounds of gambling are all over, with casinos found within a reasonable distance of

A foolish review of Roll the Bones Read More »

writing

Big money at Pocono Downs

Slot machines are wonderful things, if only for their power to transform formerly obscure sites into hotly-debated centers of finance. Seriously. Five years ago, if you had said that the goings-on at a Wilkes-Barre, Pennsylvania racetrack were going to be front-page news anywhere, people would have said you were nuts. Well, thanks to the almighty

Big money at Pocono Downs Read More »

news about gambling

Antigua v. US: Round three…fight!!

I just love this headline: Tiny Antigua grabs the US by its illegal, online dice. The story is interesting, too: Has the time actually come for Congress to read its own legislation? In the wee hours before Congressmen could head off for their election year recess, they managed to churn out a mound of unread

Antigua v. US: Round three…fight!! Read More »

news about gambling

Goa-ing for broke

Will Goa become the Indian Las Vegas, the Macau of Hindustan, or the Atlantic City of Baharat? According to Clickwalla, that might be in the cards: Goa, India’s beach paradise, is set to become the country’s gambling capital after local politicians said the state would allow 10 more floating casinos to operate off its shores.

Goa-ing for broke Read More »

news about gambling

Consul craps busted

I don’t have much of a reason for putting this story up, except to prove perhaps that gambling can flourish anywhere. From The Raw Story: Police were searching for Senegal’s honorary consul after finding the consulate in Singapore was doubling as a gambling den packing up to 100 enthusiasts a night, officials said on Sunday.

Consul craps busted Read More »

news about gambling