Gambling

Photo Of The Day

Mobster Bugsy Siegel's mistress Virginia Hill. She was conveniently not at her home in Beverly Hills when Siegel was shot dead on June 20, 1947.

Mobster Bugsy Siegel’s mistress Virginia Hill. She was conveniently not at her home in Beverly Hills when Siegel was shot dead on June 20, 1947.

Bugsy & His Flamingo

The Testimony of Virginia Hill

‘QUEEN OF THE MOB’ WAS NO ONE’S PUSHOVER

 

SENATOR TOBEY: “But why would Joe Epstein give you all that money, Miss Hill?”

 

WITNESS: “You really want to know?”

 

SENATOR TOBEY: “Yes, I really want to know.”

 

WITNESS: “Then I’ll tell you why. Because I’m the best {expletive} sucker in town!”

 

SENATOR KEFAUVER: “Order! I demand order!”

–Excerpt from Virginia Hill’s testimony in front of the Senate Special Committee to Investigate Organized Crime in Interstate Gambling.

In the beginning of the 50’s, United States seeked to expose and bring into public attention the growing issue of organized crime at that time.

It started on April 1950, when a dead body of a gambling kingpin from Kansas City was found in a Democratic clubhouse. That assassination raised concerns about the growth of organized crime and its involvement with politics. The need for an investigation committee concerning this issue was discovered, and on May 3, 1950, the Senate created an investigation committee of 5 members, lead by a Democratic Senator from Tennessee, Estes Kefauver.

In its 15 months of hearings, the committee, investigating corruption, crime syndicates and illegal activities, visited several large cities, in which TV broadcasts were interrupted to bring the work of the committee to the attention of the public. The most notable hearing was when the committee reached Broadway, New York, to interview Frank Costello. An estimated number of 30 million watched or listened to the hearings.

In Illinois, the Committee helped to expose a Chicago Police scandal, which later brought down the Senate career of Scott Lucas, a Democratic Majority Leader.

The completion of the hearings signaled the Senate to implement some suggestions about how to better tighten the laws concerning the prevention of corruption and organized crime. It caused the FBI to stop denying the existence of the underworld.

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Photo Of The Day

Sandeep Kaur, The Bombshell Bandit. "Tick Tock. I have a bomb"

Sandeep Kaur, The Bombshell Bandit. “Tick Tock. I have a bomb”

From Nurse to Bank Robber

The Bombshell Bandit

“Tick tock. I have a bomb.”

This was a note given by a bank robber to a the cashier at Bank of the West on 6 July 2014.

But this bank robber wasn’t a sturdy man wearing a ski mask or wielding a machine gun, she was a 25-year old Sikh nurse. Called the Bombshell Bandit, due to her glamorous disguises and bomb threats, she captured the attention of many who wondered what could be the reason behind a nurse becoming a bank robber.

Sandeep Kaur  moved to California from Punjab at the age of seven and by 19 was a licensed nurse, earning up to $6,000 a month. But things turned awry when Kaur discovered Las Vegas at 21 and became a gambling addict.

Soon she quit nursing to concentrate on gambling fulltime. “I stopped working. I could not focus and going to work for this little amount of money” Kaur said.

But by March 2012 she had lost her life savings and was in debt. She then borrowed money at a steep interest, attempting to recover what she had lost.

What happened next is best summed by Kaur’s statement:

“I ate at that table. I only took bathroom breaks… I was sitting at the table for 16 hours… hoping it’ll all change. Then it all just went down the drain.”

She had to flee Las Vegas and managed to evade the loan sharks until they caught up with her in May 2014.

Desperate, she resorted to their suggestion of a bank robbery and without a weapon or back-up plan, she managed to escape with $21,200 on her first attempt. But since that wasn’t enough, she had little choice but to rob more banks.

However, her run ended on 31 July 2014 when the manager of US Bank alerted the authorities and thus began the police pursuit that lasted 65 miles, crossed three states, two time zones, and reached speeds of 130mph resulting in her capture.

Kaur may be in prison now, but her exploits have cemented her name on the list of unusual bank robbers.

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Want to know who will win an election? Ask a bookie

We have iPredict but it isn’t really betting in the true sense…In the UK however they do have bookies and they are allowed to bet on elections.

It turns out that betting is a more accurate predictor of an election process than polling.

[W]here should we be looking for our best estimate of what is actually going to happen, to the polls or to the markets? It’s a question that we have been considering in the UK for nearly 30 years.

We can trace the question to July 4 1985, the day that the political betting markets finally came of age in this country. A by-election was taking place in a semi-rural corner of Wales, with Labour and Liberals the key contenders. Ladbrokes made the Liberals odds-on favourite. But on the very morning of the election a poll by Mori gave Labour a commanding 18 percentage point lead. Ladbrokes kept the Liberal candidate as the solid odds-on favourite. And who won? The Liberal — and anyone who ignored the pollster and followed the money.    Read more »

Tax on stupid people tops $2billion p.a.

The stupidity tax that is applied to gambling has reached $2 billion per annum.

I thank the fools for voluntarily contributing to society…we need more taxes like this one.

More than $2 billion is thought to be lost to gambling annually in New Zealand, but the number engaged in regular gambling has dropped off.

In 2012, researchers from AUT University and the National Research Bureau conducted the largest gambling survey since 1999, with 6251 adults taking part. The results have just been made public.

“The most notable finding was a substantial drop in the number of people who gamble weekly or more.   Read more »

So after years of whinging about gambling what does a Labour leader hopeful do?

Grant Robertson has banged on about gambling for ages, attacking constantly the Sky City convention centre deal.

He is even in Hansard railing about gambling and gambling harm.

What is his response to Major Campbell Roberts, from the Salvation Army, who said that the proposed legislation cancels out any benefits, that the harm minimisation measures allowed for in the legislation are a joke, that they are neither robust nor effective, and that they do not represent any significant improvement on the current ineffective practices of Skycity Casino, which are already failing to reduce gambling harm? What is his response to Campbell Roberts’ comments?

Yet around rolls the Melbourne Cup and what is Grant Robertson doing?

That’s right being a hypocrite and flaunting his gambling stubs from the TAB.

10610870_598436246855277_8427676331423965494_n Read more »

Stupid tax does a great job

Casinos, TAB, pokies, lotto.   People have the choice to ignore them.  Yet there is a huge industry that fleeces the stupid from their hard earned benefits.

A new daily Lotto game that offers tickets for $1 has been called unnecessary by anti-gambling campaigners.

Lotto New Zealand calls Play 3 “a fun, new game that’s unique from our other games”, but the Problem Gambling Foundation and budgeting services say it is not needed and increases the risk of harm.

Lotto already has three daily games, plus its big draw nights on Saturday and Wednesday.

The new game, which has a top prize of $500, involves picking a 3-digit number and matching it – either exactly, out of order or with two digits the same.

Players pay $1 per ticket, with the number drawn at 6pm each day. The first draw took place last night. There is no age limit, in common with all other Lotto games except its Instant Kiwi scratchcard.

In its briefing to incoming Internal Affairs Minister Peter Dunne in February, Lotto said it estimated Play 3 would increase revenue – which is close to $1 billion a year – by 1.1 per cent. Read more »

Tagged:

Fancy a bet on the election?

A reader, RGW sends us his thoughts:

bettingPM

Sportingbet Australia odds

Right thinkers despair at the prospect of the left mess winning.

Fearing I might become suicidal if that happened I got to thinking what I might do to minimise having to top myself. I found the answer in Australia!

I call it my “Emotional Election Hedge.”

I discovered that Sportingbet Australia are offering (or were at the time I placed my bet) $7.00 on a Labour-led Government. National: $1.09, and Other: $50.

So I asked the holder of the Visa what value she would put on my not topping myself in the early hours of September 21 (or later if it’s really close). She determined that would be worth $300. At  least it was $300 Australian.

Armed with this approval I scampered off and bet the $300.    Read more »

New Zealanders are very good at gambling. Wanna bet?

BnVYydyCMAANRMe

Why is gambling so much part of our psyche?

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Jones continues his jihad against Lotto, still conflicted, Cunliffe says nothing

Shane Jones continues his conflicted jihad against Lotto this morning, though he is veiling it as an attack on Countdown.

He is seriously conflicted out in this matter though with his missus working for SkyCity and SkyCity providing his week day accommodation.

If a glass of milk and a photo opportunity was grounds for resignation because one’s spouse is a director of a company then how much more inappropriate is it for someone to be lobbying against a director competitor of the employer of your spouse?

Labour MP Shane Jones is calling for an end to big Lotto jackpots after attacking supermarket giant Countdown for selling tickets at the checkout counter.

Jones said selling Lotto tickets at the checkout was like putting a poker machine at every counter but worse, because people could pay for the tickets with their credit cards.

“What do you buy? Weetbix, orange or a big fat Wednesday?” he asked.

He believed there should be an immediate review of the Gambling Act that should include a look at the size of the Lotto jackpot, because a $30 million or $40m jackpot was too high.   Read more »

Has Shane Jones declared his conflict of interest?

Shane Jones has launched another attack on Countdown, this time over their desire to sell Lotto tickets at the checkout rather than at a separate counter.

Labour MP Shane Jones has again taken aim at Countdown, raising concerns about lotto sales at the supermarket’s checkouts.

Lotto tickets are being sold despite new evidence that people spend less on food when there is a big jackpot.

You can now buy lotto at the checkouts in 100 Countdown supermarkets around the country. That makes buying a ticket more convenient, but Mr Jones says that is the problem.

“With Countdown putting a one-armed bandit at every Countdown checkout counter, you’re bringing gambling into the community,” says Mr Jones.

I wonder though if Shane Jones was wise to mount such an attack considering his own conflict of interest.  Read more »