• Gambling

    You’ve Got To Fight, For Your Right, To Play Poker Alone In A Little Locked Room

    One small, barely noticeable but significant nonetheless victory for online poker players: according to Rep. Barney Frank’s office, today’s hearing by the House Financial Services Committee to “examine whether Internet gambling can be regulated to protect consumers and the payments system” (i.e., can we re-legalize online poker and gambling) “went well” and the Frank-master is […]

    / Jun 8, 2007 at 2:34 PM
  • Gambling, Special Report

    Special Kentucky Derby Report: Abnormal Returns and Extreme Leverage

    [Although not strictly a financial event, the Kentucky Derby is a favorite among many hedge fund traders who are constantly on the look-out for for uncorrelated returns and exposure to hidden upsides. It’s actually a bit surprising that more of Greenwich’s royalty haven’t gone into the horse racing business yet. We asked John Carney to […]

    / May 7, 2007 at 10:11 AM
  • Gambling, James Chanos, Kynikos Associates

    Jim Chanos: The Oracle of the End Of Online Gambling

    Jim Chanos of New York’s Kynikos Associates was bearish on internet gambling sights long before Senate majority leader Bill Frist “ambushed” the industry with a bill making most internet gambling illegal. Contrary to claims detailed on a website yesterday, it didn’t take an elaborate scheme of inside information about the Senate’s legislative schedule to tip […]

    / Jan 10, 2007 at 4:34 PM
  • Gambling, Kynikos Associates

    James Chanos: Genius Short-Seller or Politically Well-Connected? Or Is There A Difference?

    Update: Before reading further, check out our updated story! We’re generally allergic to the whole notion of short-selling conspiracies. Which is kind of odd now that we think about it, since we really, really like almost every other category of conspiracy theory. But we’re not to proud to put aside our allergies (hmm, should have […]

    / Jan 9, 2007 at 1:49 PM
  • Gambling

    Gambling On A Trip Into US: Not So Much

    So it looks like another top executive of an internet gambling company was arrested on Wednesday. … Peter Dicks, 64, chairman of London-based Sportingbet PLC, was taken into custody by airport police after he arrived on an overseas flight at New York’s John F. Kennedy International Airport. He was held on a criminal warrant issued […]

    / Sep 8, 2006 at 10:15 AM
  • Gambling

    Gaming the System

    One of the biggest enemies of internet gambling is the brick-and-mortar gambling industry. Imagine Barnes & Noble pressuring lawmakers to ban Amazon and you have a fair picture of the relationship between internet gambling and, say, Las Vegas. Fortunately, Amazon wasn’t able to get the feds to lock up Jeff Bezos. With internet gambling, the […]

    / Aug 7, 2006 at 11:35 AM

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