NEWS
June 23, 2010
I was deeply disappointed that The Inquirer chose to make light of last week's terrible incident at Parx Casino ("Slots for tots," Saturday), in which a gambler left a child in a car. Problem gambling must be addressed with thoughtful solutions, not flippancy and sarcasm. The gaming industry has long recognized that some people cannot gamble responsibly. As a result, we have implemented robust responsible-gaming programs at casinos across the country and contributed millions of dollars to fund independent, peer-reviewed research on disordered gambling.
NEWS
September 1, 2010 | By Monica Yant Kinney, Inquirer Columnist
The Pennsylvania Gaming Control Board is not known for holding inquisitions, since it has the inherently contradictory goals of regulating an industry while encouraging its success. You don't have to be a gambling expert to know that casinos generally win when a state's bottom line depends on citizens losing. So it was with giddy anticipation that I tuned in to the PGCB's August meeting. Rumor had it the commissioners were livid. When does a trend become an epidemic? When a half-dozen adults abandon their kids and common sense, as they did this summer in the parking lot at Greenwood Gaming's Parx Casino in Bensalem.
NEWS
August 27, 2007 | By Phil Satre
One problem gambler is one too many. It's a mantra I adopted during more than quarter-century in the commercial casino gaming-entertainment business, and it was often met with skepticism. Frankly, I can't blame those who questioned my sincerity. After all, I represented the "industry. " Fair enough. As Philadelphians and other Pennsylvanians have just experienced, any time casino gaming is discussed, there are a multitude of dueling "experts. " And nothing is more controversial than problem gambling.
BUSINESS
August 26, 2007 | By Reid Kanaley, Inquirer Columnist
The volatile markets of late had us wondering how prospective stock traders might safely learn the game. We found sites to practice market skills - and some warnings against falling into the world of day trading. Virtual stock. The online trading game from MarketWatch is one of many places online to learn and test yourself on market skills. Players pretend to trade stocks listed on the New York Stock Exchange, the Nasdaq, and the Amex. The site allows users to compete with other players to create virtual fortunes without the risk of losing money - or any hope of actually making it. SEC warnings.
NEWS
April 29, 2011
Pennsylvania casinos' adding more table games, while reducing their slot machines, should come as no surprise. Under the state's tax rates, the house gets to keep a bigger share of each dollar lost at the blackjack table, as compared to a buck gobbled up by a one-armed bandit. So, moves in the last year to reduce slot machines at five locations, while table games were added at seven betting parlors, were all about the bottom line. Casino operators hope more table games will draw more gamblers of all stripes, but over the long term that trend may be bad for tax relief provided by gaming.
NEWS
April 28, 2004 | By Robert Goodman
In poker, the winners don't always have the best hands. They get their edge from having good information about the odds and knowing enough not to chase after a big score when the odds are stacked against them. In proposing to legalize slot machines, lots of Pennsylvania lawmakers are not only playing with bad information, but are also pursuing the classic gambler's folly of chasing against the odds. If their strategy fails, the state's residents and businesses will end up paying the bill.
NEWS
February 13, 2008
I WAS disappointed to read A.J. Thomson's op-ed ("Gus the Groundhog: Scratch Him!") that not only suggested that Gus, one of Pennsylvania's beloved groundhogs, must die, but also provided questionable information about the state lottery's marketing practices. The Pennsylvania Lottery does not target any specific demographic in its advertising, and explicitly avoids marketing to minors. All lottery ads - including those featuring Gus - caution that players must be 18 or older, and the lottery specifically avoids placing ads during children's programming.
NEWS
February 15, 1999 | BY STEVEN SLESS
I have read with great interest the varying opinions on the effect legalized gaming may have on Pennsylvania and its citizenry. As former director of public relations for Trump Taj Mahal Casino Resort in Atlantic City, I can offer some perspective: In addition to the nearly half-billion dollars projected in tax revenues for education and community programs, gaming companies also rank among the best corporate neighbors - donating money, resources, meeting...
NEWS
June 28, 2001 | By Kay Raftery INQUIRER SUBURBAN STAFF
Anthony Milillo Jr., 62, of Audubon, a counselor on compulsive gambling at the Belmont Center for Comprehensive Treatment, a wing of Albert Einstein Medical Center, died of heart disease Monday at the Hospital of the University of Pennsylvania. Mr. Milillo was also executive director of the Council on Compulsive Gambling of Pennsylvania and editor of Keystone Corner, a newsletter on the problems of gambling. He lectured frequently on gambling and in 1994, with Rep. Paul Clymer, presented a report on gambling to the Pennsylvania Legislature in Harrisburg.
NEWS
June 10, 2005 | By John Sullivan INQUIRER STAFF WRITER
Sen. Vincent J. Fumo wants to toughen state gambling regulations to protect problem gamblers. In a letter to the state gambling control board yesterday, the Philadelphia Democrat recommended that casinos not cash personal and government checks or check advances for gamblers. He also urged the board to require casino applicants to submit a plan to address compulsive gambling when they apply for a license, and casino operators to post gambling treatment information in advertising and at casinos.