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Most Recent Articles
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- World's Number One Sports Handicapper Gives The Public A Winning Edge
According to a recent New York Times article, 23 million Americans gamble online, and for many of them, the world's only publicly traded handicapper gives them a "Winning Edge." Online gaming, legal and illegal, is estimated to be a multibillion- dollar industry. The most visited sports handicapping site on the Internet, WinningEdge.com, gives players a fighting chance to beat the house. Publicly traded Winning Edge International's (OCTBB: WNED) founder and CEO Wayne Allyn Root has been dubbed by Jim Cramer of NBC's "Mad Money" "the King of Handicappers, the Warren Buffet of his world." - Some Seniors Are Gambling More Than Money
There's good news for seniors who may have a gambling problem. A free national helpline offers information and resources. This is fortunate, because when it comes to gambling, the stakes for many seniors may be higher than they suspect.
The number of seniors who gamble has grown; in fact, seniors have become one of the fastest-growing groups of gamblers.
A recent study found that gambling is the most frequently identified social activity among adults over 65. Some gaming venues provide bus transportation, free or discounted meals, special rewards and other prizes that attract older individuals. Playing slot machines tends to be the type of gambling seniors prefer at casinos, but se-niors may also be found at race- tracks, off-track betting parlors, bingo games or purchasing lotto tickets.
Gambling for many seniors is a social activity that affords them an opportunity for excitement in safe, friendly surroundings.
However, experts say that se-niors are often more vulnerable to gambling problems for a variety of reasons. They may use the distraction of gambling to escape the loss of a spouse or a medical concern. The attention of the casino staff may temporarily reduce feelings of loneliness or depression. Some may have financial problems they are hoping to overcome.
Unfortunately, there are those who may have difficulty understanding that, for them, gambling may be a problem. They may be overspending and neglecting their nutrition, lack funds for medication and other medical needs or have less working years left to recoup the financial losses due to gambling. Other seniors may have limited finances and are looking for a "big win to set myself up for life."
It is not unusual for a senior with gambling concerns to not seek help, telling himself or herself "at my age, I should have known better," and to have embarrassment. Unfortunately, in some cases, things can spiral out of control rather quickly.
For example, one woman recently told experts that over a period of five and a half years, she had embezzled over a quarter of a million dollars. Being a grandmother didn't prevent her from being charged with five felony counts and serving just over a year in prison. - Problem Gambling Often Overlooked
It's a good bet that when a problem gambler seeks treatment for other physical health or mental health problems, he or she will be undiagnosed and untreated for the gambling problem.
"Our research shows that 2 to 3 percent of the U.S. population will have a gambling problem in any given year," said Keith Whyte, executive director for the National Council on Problem Gambling in Washington, D.C., "and many of these gamblers first go to their primary care providers complaining of stress-related problems such as migraines, insomnia, stomach ailments and even cardiac distress." - $1 Million Will Be In The Bag For One Casino Customer
Casino players across the nation will have the opportunity to win $1 million* during a Dec. 3 prize drawing at The Forum Shops at Caesars® in Las Vegas as part of a promotion entitled $1 Million In The BagSM.
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