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Former San Diego mayor admits $1 billion in gambling losses

Maureen O'Connor

Former San Diego Mayor Maureen O’Connor acknowledged in federal court Thursday that she took $2 million from her late husband's charitable foundation to pay for her addiction to video poker — and lost $1 billion wagering over the course of a decade.

 

Man wins $3.8 million slot jackpot at Atlantic City

A Maryland man visiting Atlantic City last weekend won a nearly $4 million jackpot while playing a $5 slot machine that offered a progressive jackpot. The gambler, who asked that his name and personal information not be released, was playing at the Bogata Hotel Casino & Spa late Sunday night when he hit it big.

 

Full Tilt Poker CEO arrested on fraud charges

The chief of Full Tilt Poker surrendered to authorities on Monday and pleaded not guilty to charges of illegal gambling and that the online poker operator defrauded its players.

 

$35 billion 'mini Las Vegas' set to be built in Spain

Sheldon Adelson

Billionaire Sheldon Adelson said on Wednesday he plans to spend $35 billion on a mini-Las Vegas strip in Spain where he is courting the country's two top urban areas, Barcelona and Madrid, with plans for a casino complex.

 

Regulator revokes Full Tilt Poker's gambling license

Gambling authorities have revoked the license of Full Tilt Poker, saying the online site had "fundamentally misled" regulators about its finances ...

 

NY cops, firefighters held in gambling bust

Several retired and active police officers and firefighters have been arrested in a federal raid on a New York City gambling ring, NBC New York has learned.

 

Orange County authorities cracking down on Vietnamese cafes

In Garden Grove, Westminster and other cities, some of the coffeehouses include not only loud music and strong java, but nudity, gambling and prostitution. Many in Little Saigon are hesitant to speak out against the establishments.

 

3 poker sites charged with illegal gambling, fraud

3 poker sites charged with illegal gambling, fraud

In an aggressive move against online gambling, federal prosecutors allege three Internet poker companies tricked banks into processing billions of dollars of illegal betting proceeds.

 

Basketball star, assistant coach indicted in point-fixing scheme at University of San Diego, UC Riverside

Ten people have been named in an attempted conspiracy by gamblers to bribe players to fix basketball games at the University of San Diego and UC Riverside, according to a grand jury indictment unsealed Monday in San Diego.

 

Smarter Than You Think: Poker Bots Invade Online Gambling

Card-playing software is now good enough to win tens of thousands of dollars on major poker sites, and human players aren’t happy about it.

 

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