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There, they discovered five people playing Texas Hold¡¯em for money. But they weren¡¯t just entertaining themselves with a friendly game of poker. They reportedly ran an online gambling website which will now be dissected by forensics experts.
The Texas furniture magnate bet $500K at the casino for the University of Houston to win the NCAA¡¯s March Madness basketball tournament. A short time earlier, McIngvale won $75.7 million from wagers on the recent World Series.
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Bovada is a well-known brand that launched in 2011.
¡°Saturdays during college football season are big,¡± Scott says. ¡°Even if we¡¯re not together, we¡¯re still texting our bets. During March Madness, we all get together.¡±
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Gambling, of course, isn¡¯t all long-shot payoffs and celebratory rail liquor. Before the legalization of sports betting, the helpline overseen by the Council on Compulsive Gambling of Pennsylvania would receive between 1,000 and 1,100 calls a year, according to executive director Josh Ercole. In 2021, the number climbed to 2,100 calls, and they¡¯re on track to surpass that in 2022. Traffic is up on the text lines, too.