Welfare Checks in Brazil Spark a Gambling Frenzy: Government Takes Notice
In Brazil, a concerning trend has emerged as recent welfare disbursements are inadvertently fueling a nationwide gambling spree. The government assistance programs, intended to support vulnerable populations, are being channeled into the gambling industry, raising alarms among officials and analysts alike.
Continue readingCasino Magnate Lui Che Woo Passes Away at 95, Leaving a Lasting Legacy in Macau
Lui Che Woo, a titan of the casino industry and the mastermind behind the success of the Galaxy Entertainment Group, has died at the age of 95. Widely recognized as one of the key figures in the transformation of Macau into a global gambling hub, Lui's influence extended far beyond the casino floor, impacting the region's economy and culture.
Continue readingSports Betting Apps: More Toxic Than You Can Imagine
In a recent exposé, Bloomberg takes a deep dive into the insidious world of sports betting apps and finds a darker side than many users of this burgeoning industry might realize.
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