I wonder how pervasive gambling is on college campuses.
I worked in Detroit between 2014 and 2018 when Dan Gilbert, founder of Quicken/Rocket Loans was locally prominent. By the time I left Detroit, he had purchased his 100th building downtown. He owns Cleveland sports franchises, and is an owner of at least four casinos. Gilbert is worth $18 bils. according to his Wikipedia page.
https://en.wikipedia.org/wiki/Dan_Gilbert
What's not on his Wikipedia page is that he was a bookie as a 19-year-old undergraduate at Michigan State. He was found guilty, along with three other undergrads, for running a gambling ring with at least $114k in bets. This is in 1981, about 300%+ inflation ago. He did no jail time, was fined, did community service and was given probation. The case was expunged, so Gilbert does not have a criminal record.
https://www.espn.com/nba/news/story?id=1957931
A police officer, who posed as the father of a son who was caught up in the gambling and allegedly threatened by Gilbert and his associates, says the gambling was far larger than Gilbert acknowledges.
https://www.cleveland.com/metro/2009/10/...ffice.html
Gambling is a lucrative business. With the explosion of sports betting, I wonder how many undergraduates are ruining their lives through gambling addiction.
I worked in Detroit between 2014 and 2018 when Dan Gilbert, founder of Quicken/Rocket Loans was locally prominent. By the time I left Detroit, he had purchased his 100th building downtown. He owns Cleveland sports franchises, and is an owner of at least four casinos. Gilbert is worth $18 bils. according to his Wikipedia page.
https://en.wikipedia.org/wiki/Dan_Gilbert
What's not on his Wikipedia page is that he was a bookie as a 19-year-old undergraduate at Michigan State. He was found guilty, along with three other undergrads, for running a gambling ring with at least $114k in bets. This is in 1981, about 300%+ inflation ago. He did no jail time, was fined, did community service and was given probation. The case was expunged, so Gilbert does not have a criminal record.
https://www.espn.com/nba/news/story?id=1957931
A police officer, who posed as the father of a son who was caught up in the gambling and allegedly threatened by Gilbert and his associates, says the gambling was far larger than Gilbert acknowledges.
https://www.cleveland.com/metro/2009/10/...ffice.html
Gambling is a lucrative business. With the explosion of sports betting, I wonder how many undergraduates are ruining their lives through gambling addiction.
Audaces fortuna iuvat