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The Problem With Video Gambling - Why Are Weddings So Damn Expensive? - Ufl Video Sharing.

The problem with video gambling Why are weddings so damn expensive? 2 days ago   05:59

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What happened when Illinois legalized machines known as “the crack cocaine of gambling”.

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For more in-depth reporting, check out ProPublica Illinois’ feature piece on video gambling: https://features.propublica.org/the-bad-bet/how-illinois-bet-on-video-gambling-and-lost/ And if you want more of their articles, you can sign up for their newsletter here: https://go.propublica.org/ppil-vox

Do you know someone struggling with video gambling? Help ProPublica understand video slots and poker addiction in Illinois: https://www.propublica.org/getinvolved/help-us-investigate-illinois-video-gambling-addiction

Nearly a decade ago, Illinois lawmakers legalized video gambling. They hoped that the machines, which offered up electronic versions of games like slots or poker, would generate billions of dollars of revenue for the state. So they passed a bill quickly, with little debate, to expand the industry dramatically. Illinois now has more than 30,000 of these machines, and more locations to legally place a bet than Nevada.

A ProPublica Illinois investigation has found that the expansion of video gambling hasn’t pulled Illinois out of debt — it’s actually accelerated it. While people in Illinois have gambled a lot more on machines that can be highly addictive, most of the additional money has ended up in the hands of a small group of companies behind video gambling.

Watch the video above to find out what this could mean for the states and cities across the country considering gambling expansions.

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Why are weddings so damn expensive? The problem with video gambling 2 days ago   04:43

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A wedding videographer explains the bizarre economics of your big day.


Listen to NPR's Planet Money on why wedding dresses are so expensive: http://www.npr.org/sections/money/2011/08/05/138760908/why-are-wedding-dresses-so-expensive

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Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com to get up to speed on everything from Kurdistan to the Kim Kardashian app.

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