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February 20th, 2010

Russian police battle illegal gamblers

Another story from the BBC:

BBC News, Moscow

Illegal gambling has spread rapidly across Russia since a new law came into force last July banning casinos and slots machines in towns and cities, according to a senior police officer in an exclusive interview with the BBC.

Col Oleg Bolderov of the economic crimes department of the Russian police said they had carried out thousands of raids over the past eight months.

"We have closed down 70 casinos and 4,000 slot-machine arcades… and have brought 600 criminal cases against those trying to organise this (illegal gambling)," he said.

Posted by casino man in Gambling News at 9:43 AM GMT

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February 13th, 2010

Concern grows over gambling in UK

Another story from the BBC:

Business reporter, BBC News

There is growing concern over the number of people turning to gambling to survive the recession, a charity says.

Research by Credit Action shows that nearly one in 10 adults in the UK has used gambling as a way to manage their finances and make extra money.

"They have to pay their mortgage and electricity bills," Chris Tapp from the charity says.

Posted by casino man in Gambling News at 9:43 AM GMT

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February 12th, 2010

Snooker player held in bet probe

Another story from the BBC:

Snooker player Stephen Lee has been arrested following an investigation into suspicious betting patterns.

West Midlands Police confirmed that the player, from Trowbridge, Wiltshire, and ranked number 25 in the world, was arrested on Thursday.

A spokesman said: "A 35-year-old man from Wiltshire was arrested on Thursday 11 February on suspicion of cheating."

He said the arrest followed a joint operation with the Gambling Commission over concerns about betting patterns.

Posted by casino man in Gambling News at 11:43 AM GMT

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February 9th, 2010

Brain injury linked to gambling

Another story from the BBC:

Californian scientists think they may have discovered the part of the brain which makes people fear losing money.

The study, reported in Proceedings of the National Academy of Sciences, looked at two patients who had damaged their amygdala, deep within the brain.

These patients were less worried about financial losses than the normal volunteers they were compared with.

The scientists say this could translate to how people make decisions in fields ranging from politics to game shows.

Posted by casino man in Gambling News at 9:44 AM GMT