- Citibank is now offering a high yield 13 month CD (2.5% APY). Not a very attractive offer, but it’s interesting to see them offer stuff like this and the new Citi Accelerate account as well.
- Marriott CEO Tells Senators Passport Changes Being Considered After Data Breach by Skift. Is this the same CEO that said Marriott kept passport data on file to speed up the booking process despite the fact passport data has never been during online bookings? I’ve got a good idea for Marriott, don’t keep unencrypted sensitive personal information. If senators really want CEOs to take this sort of stuff seriously then start implementing massive fines and jail time for companies that fail to keep data secure.
- How Equifax Complicates a Simple Task: Freezing a Child’s Credit by New York Times. “We believe the consumer is central to what Equifax is”. No you believe consumers data is central to what Equifax is, but you have very little regard for the safety of that data or correcting inaccurate or incomplete information.
- One Week, One Million Dollars: Advantage Players Fighting For Their Winnings At NJ Online Casinos. Very fun and interesting read. I hate how one company is refusing to let a player that lost money withdraw the last $700 in their accounts.
Deals expiring at the end of today or starting today (view the full deal calendar here):
- [CA only] Provident Credit Union $200 Checking Bonus + $200 Money Market Bonus
- Publix: Spend $50 On Groceries & Get $10 Off Gas Giftcard
- Free Pancakes At IHOP (03/12 7AM Until 7PM)
- Retailmenot: Lowes.com $10 Cashback with $40 Purchase
Deals expiring at end of tomorrow:
- [Targeted] TD Bank $300 Checking & $200 Savings Bonus
- Southwest Schedule Extended Until October 1, 2019
- Delta Flash Sales: Domestic From 11,000 Miles Round Trip
Here are some of the most popular posts from yesterday:
- Tip: Reduce Credit Limits On Bank of America Cards Before Cancelling
- American Express Acquires LoungeBuddy
What do you think of these sanctions?
https://en.wikipedia.org/wiki/General_Data_Protection_Regulation#Sanctions
–A fine up to €10 million or up to 2% of the annual worldwide turnover of the preceding financial year in case of an enterprise, whichever is greater, if there has been an infringement of the following provisions: (Article 83, Paragraph 4[30])
–A fine up to €20 million or up to 4% of the annual worldwide turnover of the preceding financial year in case of an enterprise, whichever is greater, if there has been an infringement of the following provisions: (Article 83, Paragraph 5 &
Works for me
“[J]ail time for companies”? How does that work, exactly? *giggle*
Meant to be company execs
The important thing to remember with casinos is that what they offer is never intended to be fair or true gambling — they are entertainment sites where the house is supposed to profit. While they make it seem like you can win, the goal is always to have the house make money and the regulator will support that (where you like it or not, that’s how it is).
While the players seem right in the gambling case, I could see sites claiming their actions violated the ToS (e.g. some vague non-sense about exploiting game mechanics). Again, not fair but the way it works
Your comments are spot on. The industry is an out and out scam, albeit a legalized scam. Heads they win, tails you lose. That was a well written article, that goes to show that even when consumers get smart and win without cheating, the casinos still don’t want to pay.
Casinos need to be better regulated, so that gambling is a 50/50 shake. Otherwise, gambling scams shouldn’t be legal. The way to mitigate big hitters is to limit the size of bets. But, casinos prey on whales. They just don’t like to be preyed upon. Turnabout is fair play, no?
Right now, playing at a casino is nowhere near 50/50, or whatever the bogus payout rate the casino is advertising. It’s more like 99% that you will lose everything, because even when you start winning, they will tempt you with comps – until you eventually lose it all.
As many pro players have experienced see, even when you do win, they will try to nullify it, or try to 86 you from stepping foot on their properties.
So, essentially, gambling is a donation business. Donate to them and they will throw some comps at you to make you feel special for stupidly giving them more money than it what it would otherwise cost to get treated like that.
This is why I never understand how casinos go out of business. You have to either have zero business acumen, or be on the take for the mafia… in order to run a casino into the ground.