(PhysOrg.com) -- Humans are known to play it safe in a situation when they aren't sure of the odds, or dont have confidence in their judgments. We dont like to choose the unknown.
(AP) -- Three former executives of the online sports gambling Web site BetOnSports, including two of the company founder's siblings, pleaded guilty to federal racketeering charges.
(PhysOrg.com) -- Gambling addictions would soar and an already-sputtering economy could sink into ruin if Congress overturns a decades-old ban on Internet gambling, a University of Illinois professor and national gambling ...
(PhysOrg.com) -- A new Cornell study of online poker seems counterintuitive: The more hands players win, the less money they're likely to collect - especially when it comes to novice players.
Who wouldn't pay a penny for a sports car? That's the mentality some popular online auctions take advantage of -- the opportunity to get an expensive item for very little money.
Bally Technologies Inc. showcased its most popular games, including Cash Spin, on several platforms here this month at the Global Gaming Expo.
Legalized gambling is weighing down a global economy already mired in its deepest downturn since the Great Depression, according to a new collection of research that renews decades-old calls to outlaw betting.
A Canadian resident was indicted in the United States on fraud and related charges for processing some 350 million dollars for Internet gambling firms, officials said Thursday.
The U.S. government's attempt to crack down on Internet gambling is widely seen as a convoluted mess. Yet, more controlled and defined regulation would likely benefit the $41 billion industry and protect consumers alike, ...
(Phys.org) —Is online betting fun entertainment or a seedy fraud? Your opinion likely depends on whether you label it "gambling" or "gaming," reports a new Cornell study that shows how industry labels help shape consumer ...