Turf Fight Between Millionaire Gamblers in Macau

 

There was a time when the gambling riches of Macau led to serious gun violence between gangsters in the region. That was two decades ago, yet history has a funny way of repeating itself. Now the turf war is being fought by millionaires with limousines, private jets, and money that is desperate to be spent.

Casino MillionairesFor a long time, casinos have been staunch allies of the junket operators in Asia. These middle men are responsible for bringing millionaire and billionaire gamblers from China to Macau, where they get interest free loans so that they can gamble their hearts out. However, companies with a stake in casinos are now looking to offer those services themselves, taking out the middle men. This is prompting anger from individuals and businesses that have been operating in the same manner for decades.

Casinos know that this is a tension filled issue, but the profits cannot be ignored. Cutting out the middle men, and hosting direct VIPs, would provide casinos with a 10 to 15 percent increase in profits. The potential could go as high as 50 percent when everything is up and running at full capacity.

Current junket operators, such as the Jimei Group and Suncity Group, are not pleased about these developers. Their tight grip on this special market is still steady, but they fear being squeezed out by new regulations and casinos operating independently.

To take into account the seriousness of this issue, one must look at how valuable this particular market can be. Two thirds of the casino revenue made in Macau is dud to these VIP accounts. Most of them come from mainland China, and they all bet on credit.

Macau has a $3,300 borrowing limit per day, but VIPs need a way to get around this regulation. Junket operators have long provided that service, but could be out of business if the Macau casinos go it alone. For more information, visit this link on Bloomberg.

Coral Partners With Chelsea

 

ChelseapartnershipThe EPL titan Chelsea FC has signed a deal with Coral Sportsbook so that Coral Sportsbook can be Chelsea’s official sports betting partner. While it is interesting that any one sportsbook would partner with a football club, it is even more interesting that a football club would need to have a partner in the sports betting industry.

With this partnership, Coral is going to be able to offer deals to Chelsea fans every week that other fans will not be able to get. By doing so, Coral will be able to cash in on the rabid Chelsea fan base and the relatively long seasons that Chelsea tends to play.

Also, Chelsea is able to market themselves in the gambling and sports betting industry. With this, Chelsea will be able to bring themselves to the attention of sports gamblers around the world who may not be aware of the EPL or may not bet on the games. Plus, the club will likely attract more attention by partnering with Coral.

In all of this is the concern that sports are being managed by sports betting agencies. While there are extreme examples from television and movies, we can all assume that the players are exempt from working with gambling outfits. They wear advertisements on their jerseys, play the matches and then go home to their huge mansions.

However, the advantage that Chelsea fans can get through special deals will likely bring in more money to Coral while also raising the action on Chelsea overall. The more press the better for Chelsea when it is working to expand its global reach.

This partnership can do well for both groups if it handled properly and makes money for the companies while also benefiting Chelsea fans.

Scotty Nguyen and Tom McEvoy Selected for Poker Hall of Fame

 

Poker Hall of FameThere were two inductees into the Poker Hall of Fame in 2013: 51-year-old Scotty Nguyen and 69-year old Tom McEvoy. The two were honored at a ceremony on November 3, 2013 at the Rio Hotel and Casino in Las Vegas, Nevada. They thus joined the 44 previous members of the Hall of Fame, 21 of whom are still living.

Selection Procedure

The Hall operates a public nomination process on its website. Public voting, which is open for a brief period each year, determines a shortlist of 10 potential candidates who are then considered by a committee comprised of existing members of the Hall of Fame and people from the poker media. The committee then selects the inductees for that year. The finalists from 2013 were:

 

  • Chris Bjorn
  • Humberto Brenes
  • David Chiu
  • Thor Hansen
  • Jennifer Harman
  • Mike Matusow
  • Tom McEvoy
  • Carlos Mortensen
  • Scotty Nguyen
  • Huck Seed

 
About Scotty Nguyen

Over the course of 30 years, Scotty Nguyen has made over $11 million in live poker tournaments. He has won five World Series of Poker (WSOP) bracelets, including the 1998 WSOP Main Event. Scotty’s most famous moment in poker came when he bet all-in on the river in the final hand of that event and quipped to his opponent, “You call, it’s gonna be all over, baby!” His opponent did call, and it was indeed all over as Scotty’s hand beat his opponent’s to win the tournament.

About Tom McEvoy

During his career, which spanned more than three decades, Tom McEvoy accumulated close to $3 million in live tournament winnings. He won four WSOP bracelets, including the 1983 WSOP Main Event. In addition to his feats on the felt, McEvoy became an author of highly regarded poker books, including “Championship No Limit & Pot Limit Hold-Em” and “Championship Omaha,” both of which he co-wrote with TJ Cloutier.

 

Re-Organize Towards Gambling Success

 

Some of the world’s leading names in international gaming have been facing an uphill battle since the world’s economy fell onto shaky ground. For a large number of trusted names, profits are rarely up at the end of each quarter. However, shareholders and game players alike will be happy to know that the Great Canadian Gaming Corporation (Great Canadian) is moving towards the future with profits to report. Over the past three months, Great Canadian is reporting a one percent increase in profits worldwide. This one percent increase represents revenues that exceed $103.1 million. Although a one percent rise in profits may not seem like much at first glance, this current bottom line for their revenue is up a total of nine percent from this quarter in the previous year.

Coming Back Strong

The success means more to the company than further stability when it comes to keeping their doors open and providing healthcare benefits and paychecks to their workers. There were many aspects of their organization that had to be cut in recent time due to financial set backs. These venues and attractions can now reopen their doors to the public thanks to the upswing in profits. Among the aspects of their business making their way back to the gaming scene is the Hard Rock Casino in Vancouver. Great Canadian was also able to purchase substantial shares of stock that were vital to its business that had formerly fallen out of their hands, stabilizing the prospects for potential and current investors both public and private.Hard Rock Vancouver

Trimming the Fat

Analysis of the organization has revealed that the increased revenue is primarily due to the growth that has taken place at the River Rock Casino Resort. Other casinos in operation certainly contributed to the success as well while the only real losses took place at the Ontario Racetracks that are owned and operated by the company. There were also definite marketing and investment strategies of the company that came into play as well. An estimated $14.2 million of the revenue was made possible thanks to efforts to increase non-recurring expenses over an annual period. Such dimensions of the business included foreign exchange losses and various financing costs as well.

Leeds Bets on Fighting Poverty

leedsSoon, council chiefs will convene and discuss whether they which to invest a full million into projects meant to offset the poverty that Leeds currently suffers.The decision came to light back when Global Gaming Ventures Ltd bid on a new casino as a part of the Victoria Gate development Leeds had begun under the condition that the company would be able to provide a cash injection up front. Another four per cent of the revenue, or £450,000, would then be added to the pots every year after the first year that the premises had been open.

The specifics of the company’s projects meant to benefit Leeds will not yet be identified until later on in the year, assuming that the executive board of the council agrees to provide the investment principle, which will be decided later.

Coun Richard Lewis, an executive member for the development project, stated that the establishment of a social project fund would provide a timely boost to the agenda designed to thwart poverty at a time when there are various funding cuts going on and there are major changes to the welfare system, all of which are creating chaotic concerns about the economic and social exclusion of those in the city of Leeds.

In addition, he states, the casino would not only provide a social inclusion fund that is greatly needed, it would also offer a boost to the economy as a whole.

Leeds already currently sees a nice boost to economy due to the thousands of visitors each year, and having a new casino at Victoria Gate would provide yet another dimension to the attractions that are already present and popular with the visitors and the locals in the city.

Says Lewis, with the GGV commit to provide more than 200 new jobs, filling about 90 per cent with residents of Leeds, the casino would also offer much-needed employment opportunities in the city.

If the request is approved, the first million would be given to anti-poverty projects in Leeds over three years.

Global Gaming Ventures seeks to turn the “supercasino” a part of the Victoria Gate development, which was until recently referred to as the Eastgate Quarters.

Currently, Leeds is just one eight places to be granted a license by the government to build a “large” casino.

Experts state that the scheme may bring over million new visitors to the city yearly and could create nearly a thousand new jobs in the city.

Spanish Senator Praises Resources Gambling Profits Can Provide

lottogamesDr. Dhanayshar Mahabir, an Independent member of the Senate spoke out in Port of Spain during the 2013-2014 budget debate, stating that the Spanish government should be using profits earned through the National Lotteries Control Board to help the impoverished.According to Mahabir, gambling laws need to be regulated so that the gambling profits are accessible by the Minister of Finance to be used for that particular ministry.

Mahabir states that the government should commit to using the gambling profits to help people in need, as poor people make up the largest percentage of citizens who gamble. Because of this, Mahabir feels the money should be spent on developing less fortunate communities.

The independent Senator continued by calling the government to action on issues such as creating a “more equitable society” through direct assistance such as grants, financial aid, child care facilities, and other programmes that will make life simply more manageable for those in need.

Mahabir brought up the popularity of lottery games within poor communities, stating that these games are the type that the average person could feasibly win, including such games as Play Whe which the government makes a good $12 profit per play. Profit is guaranteed for the government as “in state-sponsored gambling the house never loses.”

Apart from calling the government to action on supporting less fortunate communities, Mahabir stated that he wants to see exactly how much the government earns through lotteries and gambling. The Senator wants to hear from the Minister of Finance in the next budget hearing regarding how much revenue he has brought in from casinos, lotteries, and other means of gambling. Only once real numbers are brought to the table can the government figure out how much money can be spent on programmes for social assistance.

When faced with opposition, Mahabir argued at the hearing that the important resources earned by the government through gambling citizens may be able to turn the housing market around so that people can afford to be homeowners rather than property renters. If spent properly, these profits can change many aspects of life for the better, for many people throughout Spain.

The budget debate is set to continue the last week of September.

Lotto Winnings Changing UK Lives Forever

It is always wonderful to see how winning the lotto can change bring about positive change in the lives of the winning individuals.

Retired Scotland Couple Gets To Live Easy Through Golden Years

A retired Alloa couple rejoiced when they realized they won £986 after choosing five correct numbers in a Saturday Lotto Draw. After their son double checked their winning ticket, their happiness turned into absolute awe. The couple had in fact hit the jackpot with a massive prize amount of £1,138,746!

lottocoupleJames Paterson, a retired taxi driver, and his wife Catherine, a retired school cleaner shared the over £ 1-million jackpot with two other winners. The Clackmannanshire town couple are carefully considering their options when it comes to spending their winnings. After struggling with bouts of bad health while trying to survive on an income made up of two pensions, the Patersons are looking forward to living a little bit easier, free from the worries and burdens of tight finances.

Perhaps a Seychelles holiday is on the list of things to do, or buying presents for their children and grand-children. Regardless of the spending decisions the Patersons make, many things are possible after their life changing lotto win.

Mystery Lady In Devon Has Big Lotto Winnings Waiting

A woman in Devon could also see her life change for the better thanks to a lotto win; that is, if anyone could figure out who she is. She is a multimillionaire hasn’t the slightest clue of her good luck, as she played the lotto online using only a partially identifying “name.”

On 10 August’s Saturday Drawing through The National Lottery, the woman from Devon known only as “Ms. C.,” won £3,105,356 after she matched all six lottery numbers, without having to touch a ticket.

As technology has improved, online lottery playing has become increasingly popular. Since people have little to no spare time, the convenience of picking numbers and playing the lotto with a mere click of the mouse- or touch of the screen – is ideal for many modern lotto players.

One of the perks of interactive online play is the ability to remain anonymous, so the entire world is not alerted that you have come into a large sum of winnings. However, players can use their full names, or a partially identifying moniker. Sadly in the case of Ms. C., the partial name is making it very difficult to track her down, or to alert her that she is now a multimillionaire.

Do you know who Ms. C may be?

The Value Of Basic Blackjack Strategy

There are many reasons why more people don’t win at a casino.

The first is a lack of knowledge of the best strategies and techniques in games where strategy and skill can play a key role in winning.

It’s always a good idea to study up on strategy before you play and to distinguish between real strategy and bogus advice. Basic Blackjack strategy is easy to memorise and provides a solid foundation for any game of Blackjack. It helps lower the house edge to below 1%.

Some don’t bother or don’t know about this strategy, and others believe that they are not smart or mathematical enough to be able to maintain a count. However, memorising strategy is just that – memorisation and practise and it does not require any mathematical genius from the player.

After all, you dstrategystrategyon’t have to invent strategies – just follow existing ones. Nor do you have to be a professional gambler to need strategy: everyone could do with regaining a bit of edge and increasing their chances of winning. Nor is it true that you have to memories pages of complicated strategy tables. For most players, a simple knowledge of basic strategy could make a very big difference.

Video Slot Games

Video Slots are an ever-evolving market – new slots are released every month by companies like the award-winning Microgaming, and these games must feature the latest in graphics, sound, and in-game features. Table games need to simulate reality as closely as they can to provide players with the most realistic casino feel possible.

Old favourites are frequently refurbished, buffed-up and released packed full of these new features.  There’s a lot of pressure, because the games themselves can’t become any less enjoyable as the features get more intricate. The virtual casino world is constantly evolving and casinos have to stay one stop ahead of what the players will want next.

This is change is inevitable: with the huge role of video games in the modern world, casinos can’t afford to fall behind, and players expect more and more, no longer satisfied with the same fruit symbols, except as a retro novelty game. This makes the Casino world a very exciting place to work, with constant game launches and thinking up new features and ideas to entertain and amaze, there is never a dull moment.

The Greatest Casino Heists

Dramatic casino heists are the subject of numerous films and novels.

Oceans Eleven
Oceans Eleven

There’s the whole Ocean’s Eleven franchise, and that’s just to start. Their popularity is certainly a good indicator of the level of wish-fulfillment, because while luck is all well and good, people often contemplate outsmarting the system and walking away with millions using a more direct approach.

But could you ever pull off your very own casino heist? That’s rather unlikely.

Those films are meant to be fun entertainment, and while the plans may seem high-tech and clever, there are too many factors that simply wouldn’t work in real life.  Besides, the tech would be incredibly difficult and expensive to get and let’s be honest – if you’re researching this, you probably don’t have millions to spend on gadgets.

On the other hand, you could be a tech wizard like the University of California students who built a mini-computer, hidden in a shoe, to affect Roulette spins. But even they got caught and burned their socks.

The simplest casino heists work much better in real life, like the casino employee who simply walked out with a bag of chips and was never caught. But modern surveillance is hard to evade, and all in all it’s safe to assume that most of us have to stick to skill and luck.