Octopus Treasure

What is Octopus Treasure?

Brazil’s President Luiz Inácio Lula da Silva is expected to send a provisional measure to Congress this week to tighten the regulations for betting in Brazil.

According to CNN Brazil, the government is considering expanding restrictions on betting advertising and banning online casino games. The idea would be to maintain only sports betting.

The decision to use a provisional measure means the restrictions can take effect immediately, less than a month before the elections. This is the clearest indication yet that the sector is being used for electoral purposes to try and secure Lula’s re-election.

About Octopus Treasure

“I remember gambling all of it back the same day because they couldn’t pay it out in full immediately,” he says.

The win completely changed his relationship with gambling. In Madsen’s words: “That jackpot was really the beginning of my gambling addiction.”  It was an addiction that was propelled by a constant exposure to illegal sites, he explains.

The cycle eventually became extreme.

What is Octopus Treasure?

News of The Chop comes directly on the heels of HBO’s announcement that it is developing a drama series set in the actual advantage play space.

Starring and executive-produced by Riley Keough (granddaughter of Elvis Presley), Advantage Player is adapted from Gina Fiore’s memoir detailing her 20-plus years as a high-stakes card counter and hole-carder.

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