$400 bet on Kansas City Chiefs may have inspired winOctober 04, 2011 3:00 AM by Mark Mayer
Last week a person at the Grand Sierra in Reno wagered $400 at 500-1 odds that the Kansas City Chiefs would win the Super Bowl. At that time, the Chiefs were 0-3 and that person’s undeniable optimism would have been defined as genuine "chutzpah," $200,000 worth.
One week later, the Chiefs are now 1-3 after defeating the winless Minnesota Vikings. That said, we have not heard of a rush to the windows for futures bets on the Chiefs.
Through three games, KC was outscored 129-27. This week the Chiefs are 2-point underdogs at Indianapolis, which has a short week coming off the Monday nighter with Tampa Bay.
Taking the "glass half full" instead of "half-empty" view, KC could be 2-2 heading to the bye week. However, the next home game at Arrowhead is not until Oct. 31.
A well-known Chicago anti-crime fighter has warned that if Illinois doesn’t move quickly to eliminate the unregulated so-called “Sweepstakes Cafes,” Illinois could become known as “the sucker state.”
A Florida developer who lost a bankruptcy court auction for the former Revel Casino Hotel in Atlantic City is now challenging the decision.
MGM Resorts International officials announced that the company plans to sell the Gold Strike Hotel & Gambling Hall to a company owned by members of the Herbst family.
Casino workers were in shock after learning that a judge had granted a request by Atlantic City’s Trump Taj Mahal to throw out their union contract.
The second fight over gambling in Massachusetts pits the companies who have already won the right to operate casinos against mostly local activists who object to casinos largely on moral and religious grounds.
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