Pokerstars, an online gambling site, says that it has reached a deal with the U.S. Department of Justice in which it has agreed pay the government $547 million over three years, part of which will be used to reimburse customers of the site Full Tilt Poker.
It's a weekday night at the Welcome Stranger pub in downtown Melbourne. Tom Cummings, who used to be a regular here, shows me around the gaming room.
"This machine here, which is called Shaman's Magic, has four different jackpots that you can win. If you'd like to give it a whirl, you can see how you go," says Cummings.
The machines here take Australian $50 bills (Australian dollars are currently worth almost exactly the same as U.S. dollars). You can lose $1,200 in an hour. And a win is not always what it appears to be.
Mitt Romney arrives in Nevada on Wednesday with more than the favor of Florida voters — the oddsmakers in Vegas like his chances, too. The online sports book Bovada has him as the favorite to win the GOP nomination at 1-15.
That means if you bet $15 on a Romney nomination, you'd only get $1 back if it happened. Before the Florida primary, Romney was at 1-9. Newt Gingrich, meanwhile, slipped from 6-1 odds Monday; he now stands at 9-1.