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Yahoo
3 days ago
- Business
- Yahoo
7 Mistakes To Avoid When Gambling To Keep From Losing Too Much Money
According to the American Gaming Association (AGA), commercial gaming earnings reached a new April record of $6.18 billion — an annual increase of 5.6%. The report also shared that commercial gaming revenue reached $25.11 billion from January to April, with money coming from casino games, sports betting and iGaming. Check Out: Learn More: Since sports and other types of betting can be a major source of entertainment, it's important to stay vigilant with best practices for responsible gambling to ensure you don't lose too much money. The following are seven mistakes to avoid when gambling. Not Setting a Gambling Budget Before you start gambling, you'll want to set a budget so you're not risking money you can't afford to put on the line. Expert advice from CNBC noted that the losses may not feel real when you're gambling through an app, making it easy to get carried away. Alex Windsor, a betting industry expert and CEO at Betting Tools added, 'The smartest bettors are the ones who set a budget before they even open an app. They know what they're willing to lose that day or that weekend, and they stick to it, win or lose.' If you don't set a budget for gambling, it could be easy to get carried away with your spending. Find Out: Chasing Losses The experts agreed that one of the most common sports betting dangers is chasing losses. This can be a natural reaction because when your team loses or a bet falls through, you can feel the urge to try to win it back immediately. Val Martinez, an industry expert and CEO at noted, 'One bad day doesn't mean you'll magically win it back.' Treating Gambling as a Source of Income Windsor stressed that betting should never be seen as a means to make money. It's important that you remember that any form of gambling is an entertainment source, and it should not become anything else. If you want to boost your income, you're better off searching for a side hustle or even a part-time job, as you'll have a clear path to profit. When you're gambling, you're not in control of various factors, and many things could go wrong. Betting With Money You Can't Afford To Lose The experts pointed out that one of the biggest mistakes you can make when gambling is using money that you can't afford to lose. For example, if you have money set aside for your bills, you don't want to touch this because if you were to lose it, you would have to dip into credit cards and rack up debt just to get by. The best way to avoid this mistake is to set up a separate wallet or betting fund, and treat that like your entertainment budget. When this money runs out, then that's your sign you can't gamble until the next pay cycle when funds can be replenished. Not Using Tracking Tools 'We always recommend our community track their bets — wins and losses — so they stay self-aware and in control,' remarked Martinez. The experts agreed that you should be tracking your bets so that you're aware of where you stand. Sometimes it may feel like momentum is on your side, but in reality, you've been losing money. You also don't want to get the wrong idea of your gambling stats. Not Taking Breaks Another major mistake is getting so caught up in gambling that you never take any breaks from it. If betting stops being fun or starts feeling like something you have to do, then it's time to take a step back. Martinez suggested that you step away especially after a big win or a tough loss. If you don't take breaks from gambling, you could find yourself spending more money on this habit than you intended to. Not Being Realistic About Gambling 'Sports are unpredictable. Even if you follow a league closely or feel confident in your picks, the odds are still stacked in the bookmaker's favor,' stated Windsor. 'That's why it's crucial to bet small amounts and focus on enjoying the game; not trying to beat the system.' You want to ensure that you're realistic about gambling and understand that this is a fun hobby. Martinez warned gamblers against thinking they're the exception when it comes to gambling, because even smart and experienced bettors will lose. When it comes to being realistic, Martinez provided a few other suggestions: Try to be sober and stress-free. Emotions and intoxication can cloud your judgment. Educate yourself. You'll want to learn about betting and strategy so you're not guessing blindly when making picks. If betting stops being fun for you at any point, it's important to know that there are resources available to help you. You don't want to ignore the signs of addiction. While gambling on sports can enhance your viewing experience, ensure you're always in control of your finances so you don't blow your budget. More From GOBankingRates Clever Ways To Save Money That Actually Work in 2025 This article originally appeared on 7 Mistakes To Avoid When Gambling To Keep From Losing Too Much Money
Yahoo
10-07-2025
- Business
- Yahoo
Plug Power secures new hydrogen supply agreement in US
Hydrogen solutions provider Plug Power has secured a new hydrogen supply agreement from a US-based industrial gas partner until 2030. This enhanced multi-year contract ensures reliable hydrogen for Plug's expanding applications business while aiming to reduce costs and improve cash flows. The extension of this partnership supports Plug's strategy to strengthen margins and operational flexibility while catering to customer needs across more than 275 sites that consume hydrogen. With an increasing number of customer sites relying on its services, Plug is committed to broadening its suite of hydrogen solutions. Plug's expansion efforts include enhancing its domestic generation network. Current operations in Georgia, Tennessee and Louisiana yield a combined capacity of 40t per day of liquid hydrogen production. Additional facilities are underway as part of plans to establish more than 40 new sites by 2025 and accommodate further industry growth from 2026 onwards. Plug CEO Andy Marsh stated: 'This expanded agreement supports our mission to build on our already robust and resilient hydrogen network in the US. 'As we continue to scale our applications business and build long-term partnerships with customers, reliable supply and cost efficiency are critical. This contract is a win for Plug, our customers, our suppliers and our margin profile. The immediate cost reduction complements our progress this year with Project Quantum Leap, focused on cost optimisation and cash flow improvement.' This development follows recent US legislation promoting clean energy initiatives for future market expansion. In June 2025, Plug Power announced a partnership with Allied Green Ammonia (AGA) to develop a new 2GW electrolyser for AGA's sustainable fuel initiative in Uzbekistan. "Plug Power secures new hydrogen supply agreement in US" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Post
09-07-2025
- Business
- New York Post
The One Big Beautiful Bill burns sports bettors — and how Senator Dina Titus aims to fix it
Gambling content 21+. The New York Post may receive an affiliate commission if you sign up through our links. Read our editorial standards for more information. The One Big Beautiful Bill has caught the eyes of gamblers across the country — and not in a good way. Section 70114 limits gambling deductions in taxes to 90 percent of losses, down from the current mark of 100 percent. If a bettor places $200,000 in wagers and breaks even ($100,000 in both losses and profit), they could only deduct $90,000 of their losses on their taxes, leaving them liable for $10,000 of phantom income. Nevada Senator Dina Titus is presenting the FAIR BET Act, an amendment to the bill that would address the issue and reinstate the ability to deduct 100 percent of losses from their betting record. 'It is a very simple amendment that changes it from 90% to 100%,' Titus told The Post in a phone interview on the proposed changes. The root of this notable change from has been the subject of much debate. One pro-bettor speculated The Post that the American Gaming Association (AGA) lobbied for this change to be included in the 940-page bill, but Titus threw cold water on that idea. 'It was an amendment that came from U.S. Senator Mike Crapo's office and the Finance Committee and they estimate it will generate a billion over the next 10 years, but I think that's high,' Titus said. 'People will stop reporting income. People will go offshore or use prediction markets and other unregulated markets.' 'When they continued the [President Donald] Trump tax cuts, they needed to offset that with revenue. Looking for different pots of revenue, so there was this tax. They see it raising a billion over 10 years.' Maxx Crosby of the Las Vegas Raiders. Getty Images Titus adds that the AGA is now supporting her bill, and she is looking for bipartisan support for what she calls an 'easy-fix' amendment. 'I don't believe that the AGA would lobby for this to kill off sharp [professional] bettors, and now they are going to support my bill,' Titus added. 'If they did lobby for it, they kept it extremely quiet. I don't think it was anti-gaming people; it was people looking for money. Gaming is an easy target like cigarettes and alcohol.' Big bettors in Vegas were furious over the gambling proivison aded to the One Big Beautiful Bill. Getty Images Get the lowdown on the Best USA Sports Betting Sites and Apps Sportsbooks have not yet considered this a significant issue in the betting world, as the cost is not imposed on them but rather it is levied on the bettor when they file their taxes. But bettors, specifically the ones wagered significant amounts of money in Las Vegas, were furious at this provision being thrown into the One Big Beautiful Billnow that they're facing the prospect of being taxed on 10 percent of phantom revenue. Why Trust New York Post Betting Erich Richter is a brazilian jiu-jitsu blue belt but he has a black belt in MMA betting. During the football season he's showcased massive profits at The Post in the player prop market the last two seasons. While constantly betting long shots, his return on investment is 30.15 percent since 2022.
Filipino Times
08-07-2025
- Business
- Filipino Times
PICPA Dubai holds 9th annual general assembly, celebrates leadership and global impact
The Philippine Institute of Certified Public Accountants (PICPA) Dubai marked a milestone with its 9th Annual General Assembly (AGA), held on July 5, under the theme 'Transforming Action into Global I.M.P.A.C.T.' Bringing together a community of Filipino finance professionals in the UAE, this year's event blended governance updates, professional development, and community celebration, underscoring PICPA Dubai's commitment to ethical leadership and excellence in the accounting profession. The program officially began with a warm welcome from incoming president Ms. Maria Jaqueline Gonzales, CPA, followed by a virtual message from PICPA National President Mr. Gerry Sanvictores. The conference featured a powerhouse lineup of speakers, including Mr. Rishi Sapra, Founder & CEO of Young Global, who discussed UAE Corporate Tax updates; Mr. Akshay Dalal, Head of Risk & Compliance at Google (Middle East, Turkey & Africa), who spoke on Next Gen Finance Professionals Leveraging AI; Ms. Monica Merhebi, Partner & Director at MOMA International Design, who tackled Personal Branding for Global Finance Professionals; and a Think Tank session on financial data and strategic leadership, moderated by Ms. Katherine de Dios with insights from Mr. Lyndon Magsino, Chief Audit Officer of the PH Sovereign Wealth Fund. Among the key highlight of the event was the official handover of the presidency and the oath-taking of the new officers for Fiscal Year 2025–2026, led by His Excellency Alfonso Ferdinand A. Ver, Philippine Ambassador to the UAE. Ambassador Ver also delivered a congratulatory message to the assembly, followed by Consul General Marford Angeles of the Philippine Consulate in Dubai, who extended his own message of support and commendation. Outgoing president Mr. Ammel Izon also presented the FY 2024–2025 Year-End Report, reflecting on the chapter's achievements and milestones over the past year. This was followed by an update on the organization's ongoing Corporate Social Responsibility initiatives, including the PICPA Dubai Scholars Program, shared by Ms. Loise Ann Cruz, Head of CSR. After the formal proceedings, guests enjoyed a delightful dinner buffet, capping the night with a festive Masquerade Ball. The social event featured games, raffle prizes, and awards that celebrated community spirit. The second day of the 9th annual general assembly followed the pre-AGA Tax Conference held on June 28, one of the most anticipated learning events for Filipino CPAs and finance professionals in Dubai. As PICPA Dubai enters a new fiscal year, the assembly reflected the chapter's continued efforts to empower Filipino accounting professionals and expand their global impact through integrity, mentorship, professionalism, accountability, commitment, and teamwork.
Extra.ie
04-07-2025
- Extra.ie
Limerick's most expensive home hits the market and its giving us Saltburn vibes
Some homes look like they should be written about in novels. Luckily for the owners of The Retreat in Lough Gur, Co Limerick, it's exactly that. Immortalised in Mary Carbery's book The Farm By Lough Gur, which recounts family life on the exact property, the home has, of course, undergone an extensive renovation in recent years — and while it kept its original charm, the modernisation of the home has brought it up to code. Comprised of four distinct living areas — main house, pool house, guest house and staff quarters (because why not) — the 94 acre farm is truly one of the biggest homes on the market. Pic: Sherry Fitzgerald Upon entering the home via the former west barn, the entrance railing boasts sensational solid oak doors, original exposed stonework and tiled floors which set the tone for the rest of the home. Pic: Sherry Fitzgerald The centrepiece of the home is the expansive open plan living space, which boasts vaulted ceilings, an electric skylight and a hand painted voile ceiling art installation called Sailing to Byzantium, which adds a visual dimension of the room. Pic: Sherry Fitzgerald The living area, which one could argue is similar to something straight out of Saltburn, also boasts bespoke cabinetry, a dining area with most of an original apothecary bookcase and library lighting, and a kitchen fitted with stone countertops, Belfast sink, integrated gas and electric hobs and a classic AGA range. Pic: Sherry Fitzgerald The stable half door leads out to the courtyard that establishes a fluid connection between indoors and outdoors, while the original farm house boasts two expansive ground floor bedrooms, both of which are complemented by en-suite bathrooms. Heading up the stairs are a further bedroom, with a well appointed bathroom and dressing room. A minstrels' gallery/reading room provides tranquility, and boasts incredible views of Lough Gur. A separate hallway off the main living area leads to the study, which is again well proportioned with an apothecary bookcase. Pic: Sherry Fitzgerald The pool house is a stunning oasis with a 20m infinity pool, trimmed in Turkish tiles, as well as a sauna and changing room with shower facilities. On the opposite side of the home's courtyard is the guest house, which boasts self-contained accommodation, two bedrooms and an upstairs area with a shower and playroom. A fully equipped kitchen and spacious living/dining room completes the guest house. Pic: Sherry Fitzgerald As well as this, the gardens at the retreat extend across 4 acres that are surrounded by a massive 90 acres of prime pastureland ideal for grazing. There are 13 stock-fenced fields, equestrian facilities and small paddocks. The Retreat, Lough Gur, Bruff, Co Limerick is available via Sherry Fitzgerald, with an asking price of €3.75million. Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald Pic: Sherry Fitzgerald
