Raid on $300 Million ‘Charity’ Forces Fla. Lt. Gov. to Resign

Peter Z. Scheer / Truthdig Mar 14, 2013 Authorities in Florida and five other states carried out a massive raid on a politically well-connected charity that has been called a fraud by the Internal Revenue Service. Dig deeper ( 1 Min. Read )

Internet Gambling

Signe Wilkinson / Truthdig Mar 3, 2013 Dig deeper

Republican Mega-Donor Sheldon Adelson Under Investigation

Peter Z. Scheer / Truthdig Jul 19, 2012 The casino magnate who is reported to have already committed $71 million in this election cycle may have good reason to want access to the next president. As "Democracy Now!" reports, Adelson is under investigation for his business dealings in Macau, China, as well as Las Vegas. Dig deeper ( 1 Min. Read )

Poker ‘Ponzi Scheme’ Bagged $440 Million, Says DOJ

Staff / Truthdig Sep 21, 2011 Federal prosecutors Tuesday accused Full Tilt Poker, an online gambling operation, of running a global Ponzi scheme that siphoned $444 million from player accounts to pay off celebrity board members and cover business expenses. (more) Dig deeper ( 1 Min. Read )

Trader Lost Billions for Swiss Bank

Staff / Truthdig Sep 15, 2011 Swiss banking giant UBS said Thursday that a rogue trader had cost it approximately $2 billion in unauthorized trades. (more) Dig deeper ( 1 Min. Read )

Pay 2 Play

Mr. Fish / Truthdig Nov 9, 2010 Dig deeper

Gambling for California’s Future

Staff / Truthdig Aug 4, 2010 In case you hadn't heard, the Golden State ain't so golden these days, and Gov. Schwarzenegger is having a tough time finding a way to yank California out of a yawning financial hole. This is where gambling comes in. Dig deeper ( 1 Min. Read )

Islamic Banks Presented as an Economic Model

Staff / Truthdig Mar 2, 2009 The United States spent much of the 20th century lecturing the world about how to run an economy. Clearly, we've lost some credibility in that area. Indonesian President Susilo Bambang Yudhoyono wants Islamic banks, with their abhorrence of interest and gambling, to fill the void. Dig deeper ( 1 Min. Read )

Blago Tapes Played at Impeachment Trial

Staff / Truthdig Jan 28, 2009 Previously unreleased audio recordings of Illinois Gov. Rod Blagojevich talking gambling legislation and campaign contributions were played in all their ignominy during his impeachment trial Tuesday. There's a lot more going on here than a vacant Senate seat. Dig deeper ( 1 Min. Read )

With Palin, McCain Is Gambling With the Country

E.J. Dionne Jr. / Truthdig Oct 3, 2008 The key to understanding how John McCain chose Sarah Palin as his running mate was provided by The New York Times last weekend when it described an episode in which he "tossed $100 chips around a hot craps table." Dig deeper ( 3 Min. Read )

Cash In on Global Warming

Staff / Truthdig Apr 14, 2007 Why worry about preventing the climate crisis when you can profit from it? An online gambling site received more than 3,000 bets in three days on whether or when major U.S. landmarks will be flooded. Most are banking on Manhattan being underwater by 2011. Dig deeper ( 1 Min. Read )

Rep. Barney Frank Rails Against Anti-Gambling Bill

Staff / Truthdig Jul 12, 2006 The Democratic congressman from Massachusetts slams the GOP for its attempt to legislate morality in the realm of online poker (while Republicans hypocritically protect other forms of gambling). Money quote: "If we were to outlaw for adults everything that college students abuse we would all just sit at home and do nothing!" Dig deeper ( 1 Min. Read )