U.S. Fund Managers Bet On Poker While Market Wagers Loom Large

The Vogue cover girl famously dated Leonardo DiCaprio for 18 months between May 2013 and December 2014, and the pair sparked reconciliation rumours in 2017 when they were spotted out together on several occasions.

"To anybody who's 25 who thinks there are millions of dollars in there to be had, there aren't," he said. "There are millions of dollars to be lost." ($1 = 1.5024 Australian dollars) (Reporting by Byron Kaye and Praveen Menon; Editing by Christopher Cushing)

As lockdowns made a crime of many forms of socialising, gambling became more attractive among "socially isolated or bored" young men, said Rebecca Jenkinson, executive manager of the Australian Gambling Research Centre.

But others could not help but discuss the tumult sweeping through equities, bonds and currencies. Boaz Weinstein, founder of hedge fund Saba Capital, would not predict when the stock market would reach a bottom.

Roughly 400 attendees were spread out over about 30 tables under a massive domed ceiling modeled after ancient Rome's Pantheon. Wall Street's Morgan Stanley sponsored a table, as did famed hedge funds Pershing Square Capital Management and Third Point.

The money managers were gathered for a charity tournament to play a card game that, in some circles, is taken almost as seriously as their day jobs.
As a DJ blasted music, competitors spent the evening shoulder-to-shoulder, setting aside work for play.

'His friends were alongside him when a group of girls asked for photos and Adam being his friendly self was open to posing and chatting to the girls, alongside other fans who wanted to chat in the same video.

SYDNEY, Sept 29 (Reuters) - For Rhys Wareham, a coffee industry technician from Sydney, the start of COVID-19 lockdowns in 2020 did not just mean staying home, but having to stop visiting the pub every afternoon to gamble on poker machines.

Voicing concern over Adam's actions, which saw him move on to Zara, Katie Ghose, Chief Executive of Women's Aid, said: 'On the latest series of Love Island, there are clear warning signs in Adam's behaviour.' 

'Obviously, I'm living in Swansea and he's in Newcastle and when we are away, we just keep in touch and text and whatever. But then what we tend to do when we come together, is have proper quality time. So, it works really well in our favour.' 

Still, poker machines - known as pokies - are so entrenched that experts do not expect online betting to become the country's primary gambling habit any time soon, with venues housing some 200,000 machines returning to business as usual.

Speaking on FUBAR radio with Bobby Norris and Stephen Leng, the former contestant confessed that she 'didn't even know' who the bombshell was - despite being warned he was a 'massive player' by the other girls in the villa.

Gamblers' loss on poker machines was A$11.4 billion in 2021, shrinking A$1.1 billion or 17% from 2019, the year before lockdowns began, showed data from Monash University's School of Public Health & Preventive Medicine.

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The report from the Queensland inquiry comes a month after the report by the NSW gaming regulator found Star had repeatedly breached the law, misled banks and was infiltrated by criminal elements for years (pictured, Star Casino in Sydney) 

After decades of gambling deregulation, governments are cautious about reversing course, given tax revenue and industry lobbying, even amid public concern about a habit that strips voters of A$25 billion per year - or A$1,000 per person, more than double the United States.

Star Entertainment could have its gaming licences torn up at two of its Queensland Casinos with an inquiry set to hand down a damning report on Thursday alleging money laundering, tax fraud and offering gifts for suspected criminals.

An Entain spokesperson said the firm had "more player safety tools than any other operator in the market, including the use of algorithms which help us to detect problematic behaviour and then intervene."

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