Live Variance – Podcast S8E9

The element of luck in #poker means that weak players can having winning sessions and strong ones can go on extended downswings. One can argue that this variance is necessary for the game to survive at all, since without it donators would quickly drop the game. Appreciating how extreme poker variance can be is important […]

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NCAA Bans Fordham Players in Betting Scandal

The NCAA has ruled two former Fordham men’s basketball players permanently ineligible following findings that they were involved in a point-shaving scheme connected to a broader federal investigation into sports betting-related corruption. Elijah Gray and Will Richardson received lifetime bans after the NCAA Division I Committee on Infractions concluded that both players engaged with a bettor who […]

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Aussie Millions Poker Festival Returns to Melbourne

After a prolonged absence that stretched over six years, the Aussie Millions Poker Championship has resumed play at Crown Melbourne, drawing attention from poker enthusiasts in Australia and beyond. The 2026 edition began on April 24 and will continue through May 10, featuring a packed schedule of tournaments and a substantial prize pool estimated at […]

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MGM Resorts posts record first-quarter revenue as profit slips on weaker margins

MGM Resorts International reported first-quarter 2026 consolidated net revenue of $4.5 billion, up 4% from the prior-year quarter, supported by higher revenue from MGM China, MGM Digital, and growth at the BetMGM North America Venture, even as profitability declined across several operating segments. Net income attributable to MGM Resorts was $125 million for the quarter […]

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