Tag: Gambling
How Macau became the world’s casino capital
William Vlcek, University of St Andrews
Macau is China’s answer to Las Vegas. But the former Portuguese colony has long surpassed the City of Lights...
How slot machines work – and why you should think twice...
Anthony Frederick Lucas, University of Nevada, Las Vegas
The gaming industry is big business in the U.S., contributing an estimated US$240 billion to the economy...
Supreme Court delivers a home run for sports bettors – and...
Jennifer Roberts, University of Nevada, Las Vegas
On May 14, the United States Supreme Court invalidated the Professional and Amateur Sports Protection Act, a federal...
With the Supreme Court’s pending sports gambling decision, states are already...
Jennifer Roberts, University of Nevada, Las Vegas
The gambling world is waiting with bated breath for the United States Supreme Court decision that could...
In Las Vegas, excess and fantasy bleed into tragedy
Mark Gottdiener, University at Buffalo, The State University of New York
In Sin City, people often do bad things to themselves.
Rather than deal with...
Are the high-rolling quants of horse racing our friends or foes?
Alexander Munk, University of Michigan and Erhan Bayraktar, University of Michigan
From Wall Street to politics, quantitative analysts (or quants) are revolutionizing much of the...