Wealthy Investor Damages a Picasso

Throughout his life, Pablo Picasso is estimated to have produced about 13,500 paintings or designs, 100,000 prints or engravings, 34,000 book illustrations, ...

Casino Promotes Gambling as a Solution to Debt

A casino in New Mexico ran an ad that offered an interesting solution for those facing financial problems. The Isleta Casino & Resort bills itself as ...

Pete Rose Describes Gambling Addiction

After 14 years of denials, Pete Rose has finally come clean and admitted he bet on baseball while manager of the Cincinnati Reds.

Rose says he was a big-time ...

Profitable Waste

The lottery promotes the interesting moral notion that if people are inclined to waste their money, the government should make it fun for them. And take ...

Gambling with Big Money

On February 26, 1995, Barings, the oldest bank in Britain, announced it was seeking bankruptcy protection after losing nearly one billion dollars in a ...