Poker and Gambling News for March 16, 2017

 We are  passionate about poker and gambling industry news and we try to offer, daily or as often is the case, the most interesting news in an descending order that we consider relevant but not necessarily the most important.
Each notice will present a short summary and a link to the author of the news for those who want detailed information.

1) The film Betting on Zero is a documentary to be released in theaters Friday.
The primary plot line tells the story of economically and informationally disadvantaged people, eager to get their piece of the “American dream,” who buy into a pyramid scheme that robs them of their life savings.

http://www.valuewalk.com/2017/03/will-betting-on-zero-turn-out-to-be-a-zero-for-ackman/

2) David Tepper is betting he can make money on the upcoming French election, no matter the outcome.
“People are so nervous about this French election affecting markets,” Mr Tepper, who oversees about $1bn , said in a 8 March interview with CNBC.

http://www.independent.co.uk/news/business/news/billionaire-david-tepper-french-presidential-election-marine-le-pen-emmanuel-macron-france-a7633331.html

3) ''To start, here’s the setup: Back in January, a Brazilian businessman calmly sipped a glass of red wine after putting an absurd amount  of chips on No. 32 at a roulette table in Uruguay. He and his pals await the spin of the wheel … and what number do you think hit? ''

http://ftw.usatoday.com/2017/03/gambling-roulette-win-one-number-4-million-brazilian-uruguay-tbt-video

4) Australia fritters away more money per person gambling than any other country. According to H2 Gambling Capital, a consultancy, the average adult lost $990 in 2016; 49% more than Singaporeans, the next-biggest losers. According to an old saying, they would bet on two flies walking up a wall.

http://www.economist.com/news/asia/21718899-industry-spends-fair-bit-lobbying-too-australians-spend-more-gambling-people


5) A type of gambling called Parchi Jua has been taking Larkana city in its clutches for the last two years and has ruined a sizeable number of lower and middle-class people who want to become millionaires through a shortcut.
Larkana police is currently engaged in action to wipe them out from society.

http://www.pakistantoday.com.pk/2017/03/16/larkana-police-busts-gambling-racket/

6) On March 15, partypoker announced on its blog the full schedule of events for the MILLIONS festival. In addition to the £6 million guaranteed MILLIONS tournament, there are two events with £1 million guarantees: a £10,000 guaranteed Ladies event and a £250,000 guaranteed 6-Max tournament.

https://www.pokernews.com/news/2017/03/partypoker-confirms-full-millons-schedule-8m-27382.htm

7) The PokerStars Championships have made their inaugural swing to the Sortis Hotel, Spa and Casino in Panama City, Panama. The $3500 Main Event has booked its two-Day Ones at this point, but it is arguable that the overall numbers might be a bit low for the side tournaments and the Main Event.

http://www.pokernewsdaily.com/two-day-ones-completed-in-pokerstars-championship-panama-main-event-overall-numbers-down-29504/