Australian billionaire James Packer, who owns 50% of BetFair Australia (thru PBL), has quit the Church of Scientology.

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The Sydney Morning Herald:

However, observers suggest Mr Packer&#8217-s expanding casino empire has presented issues difficult to reconcile with Scientologist beliefs. Scientology&#8217-s founder, the science fiction author L. Ron Hubbard, denounced gambling. &#8220-An obsessive gambler is a psychotic just like a drug addict or an alcoholic,&#8221- Hubbard wrote in 1977.


Old BBC story

Previous blog posts by Chris F. Masse:

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  • Nigel Eccles’ flawed “vision” about HubDub shows that he hasn’t any.
  • How does InTrade deal with insider trading?
  • Modern Life
  • “The Beacon” is an excellent blog published by The Independent Institute.
  • The John Edwards Non-Affair… is making Memeorandum (twice), again.
  • Prediction Markets = marketplaces for information trading… and for separating the wheat from the chaff.