Tag Archives: gambling

Derivatives: Financial Dynamite Operating in the Shadows…

With unprecedented volatility in the financial markets that’s been brought on by the international spread of coronavirus, and the economic backlash associated with it, is potential systemic risk to the global financial system lurking ‘out there’ in an obscure and often little understood investing vehicle (even for its buyers)… DERIVATIVES! Back in 2015, then reposted […]

The Other Side Of The $1.5 Billion Powerball Lottery Jackpot…A Regressive Tax!

Powerball,taxes,taxation

The other day we offered some advice on what to do if you beat the odds of 1 in 292 million and actually won the Powerball jackpot! In the article, ‘If You Win The $1.3 Billion Powerball Jackpot What Should You Do (And Not Do)? (Video)‘, nine potential steps were provided along with a video describing […]

Illicit Super Bowl Wagering Is Big Business! (Infographic)

super bowl betting

The numbers are staggering concerning the differential between legal and illegal wagering on the Super Bowl! From the American Gaming Association… Washington, DC– According to a first-ever estimate by the American Gaming Association (AGA) released today, Americans will make $3.8 billion worth of illegal bets on this year’s Super Bowl between the New England Patriots and […]