News tagged with gambling

Obama picks Ex-P&G exec to lead Veterans Affairs

President Barack Obama plans to nominate former Procter & Gamble executive Robert McDonald as the next Veterans Affairs secretary, as the White House seeks to shore up an agency beset by treatment delays ...

Jun 30, 2014
popularity not rated yet | comments 0

Gambling

Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Typically, the outcome of the wager is evident within a short period.

The term gaming in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; i.e., a “gaming” company offers (legal) “gambling” activities to the public. This distinction is not universally observed in the English-speaking world, however. For instance, in the UK, the regulator of gambling activities is called the Gambling Commission (not the Gaming Commission).

This text uses material from Wikipedia licensed under CC BY-SA