Light and Easy Talk: Casino Regulators Ruled Unshuffled Cards in Mini-b...

REBLOG> Light and Easy Talk: Casino Regulators Ruled Unshuffled Cards in Mini-baccarat Legal:

Golden Nugget Casino

An unshuffled card game for mini-baccarat at the Golden Nugget Atlantic City on 30 April 2012 was ruled illegal under state casino rules because the cards had been unshuffled. Superior Court judge James Isman had vindicated the Golden Nugget in his ruling on 14 June 2014. It should be noted that the New Jersey's Division of Gaming Enforcement fined the casino for the unshuffled cards.

The Incident

Gamblers capitalized on the unshuffled cards by increasing their bets from $10 to $5,000 per hand after seeing the same sequence of cards being dealt over and over again. Gamblers rode on a forty-one consecutive winning streak on this day. They were surrounded by casino security that was eager to find evidence to show that they were cheating. The security personnel was unable to spot the unshuffled cards because they were all focused on the wrong thing.

New Jersey's Consistency

The New Jersey casino regulators recently ruled that the game in which gamblers won $1.5 million did not violate any rules or laws, the Associated Press reported on 24 Sep 2014. The consistency with the New Jersey casino regulators and the Division of Gaming Enforcement should be applauded.

Timely Ruling

The call by the New Jersey case had been timely as the case had been reinstated the CBS Philly reported on 4 Sep 2014. Isman recently retired and a different judge granted a motion to reconsider the decision. Judge Allen Littlefield said that the gamblers can continue the discovery process and argue their case at trial this fall.

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My Comments

The injustice of Judge Isman was very obvious. That is the reason Judge Littlefield had to correct it.

Carpe Diem: Seize the Day: States Use Gambling to Save Economy

REBLOG> Carpe Diem: Seize the Day: States Use Gambling to Save Economy:
Phil Andows' Original Blog

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Gambling Addiction

Policymakers in USA is starting to see gambling as a panacea to be the cure for all economic ills but gambling addiction it the ugly side of the coin. USA Today is in the view that gambling states are addicted to easy money in its report dated 25 Sep 2014. The Editorial Board cited New Jersey are the prime example of the worst offenders in the world of gambling. "They are both addicts and pushers. They throw temper tantrums and upset settled policy when their fix of gambling revenue runs low."

Save the Economy

New Jersey began offering online gambling last year to bring in more tax revenue as Atlantic City casino revenue took a sharp dive. Since the revenue from the online gambling was not much of a help, the state will come up with more gambling products. Governor Chris Christie has given the green light for casinos and racetracks to offer sports betting. A federal judge will hear Christie's argument on Oct 6 as a 1992 federal law banned the practice in all but four states where it previously existed.

Gambling Expanded Widely

The good days are gone. Christie can't expect gambling to be the savior. New Jersey is no longer the gambling mecca of the East Coast. Adjoining states - Maryland, Pennsylvania, New York and Delaware - have all opened casinos recently. As of 2012, America had 513 state-licensed casinos, plus 466 on tribal lands. With more players, it is obviously going to be less share for the same pie.

Gambling Destroys Lives

There is a deadly social cost for gambling. Compulsive gambling habits from 1% to 2% of gamblers are known to destroy lives. People lose their jobs, families and self-confidence due to heavy losses. A study done by Baylor University in 2011 estimated the cost of gambling ill at $9,393 per compulsive gambler per year. The state should explore alternatives instead of always relying on gambling to bail them out.

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Veronica Glowsome Commented

It is like a gambit in chess. A small piece is sacrificed to gain advantage. The gambit here is 1% to 2% of gamblers who will turn into rotten gamblers.

My Comments

Planners have to look at majority because there is where the votes comes from.

Anything Under the Sun: China Corruption Blitz Hits Macau Junkets

REBLOG> Anything Under the Sun: China Corruption Blitz Hits Macau Junkets:
SavySeph's Original Blog

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Laundering Money

Rotten gamblers, especially the whale bettors, could be mistaken for money laundering. This may be the assumption of Chinese President, Xi Jinpin. His crackdown on corrupt officials and tycoons is starting to drain China. This almost 2 years blitz had caused the sale of luxury good to dwindle and the VIP rooms at Macau casinos to slow down. It had driven rotten gamblers to other gambling destinations. This is like sending away the goose that laid the golden egg to your fellow neighbors. The claim of coming by a windfall from the casino is not that easy to justify with the generous amount of surveillance camera covering the casino. Coming up with the bankroll to make the amass the extraordinary win would be a great question mark.

Macau's Casino Junket Squeeze

The prolonged crackdown is now starting to squeeze the junkets in Macau. As the Chinese economy dragged its feet, the whale gamblers shy away. In Macau, whale gamblers will punt HK$1 million without second thoughts. Junkets who lend them money and settle their debts are not longer as flexible as debt recovery is not as easy. Authorities are digging junkets for information on Junkets are had left the industry. Chinese officials suspected of corruption who may be laundering money through Macau. The pressure is too much that, "I can't sleep at night. There are just too many problems," said one 54-year-old junket operator who didn't want to be named because of the sensitivity of the issue. "I'm not optimistic for the future of the VIP junket industry here." Of Macau's 220 licensed junket firms, at least 15 have shut up shop in the big casinos this year the Reuters reported on 24 Sep 2014.

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My Comments

I am thinking domino theory. One falls other follow. Macau will be in economic depression if this keeps up because gambling is Macau key industry.

On Empty Thoughts: Alcohol Ban at Stratford Supercasino

REBLOG> On Empty Thoughts: Alcohol Ban at Stratford Supercasino:
Guerrilla Gamblers' Original Blog

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Violence at Gambling Outlets

p>I will update Gambling Tales Facebook and Google Plus Page with this article on Violence at Gambling Outlets. Alcohol never ceases to cause trouble for Aspers Casino in Westfield Stratford City. Since they have so much trouble handling their drinks, it had been taken away from them.

Alcohol Ban

A recent news dated 23 Sep 2014 from the Newham Recorder the Supercasino has had its alcohol license revoked by Newham Council after security staff allegedly "beat up" a punter. A Newham Council spokesperson said: "The decision was made in view of the seriousness of the incident and the police and licensing sub-committee’s concerns about the casino’s ability to prevent crime and disorder. The suspension will remain in force until a full licensing review hearing." Aspers Casino will not be able to serve alcohol or food from 23:00 to 05:00.

The Incident

The incident took place on Saturday night of 20 September. CCTV footage of the assault on the customer by a security staff showed that the customer sustained "severe injury". The involvement of alcohol in the attack was not mentioned by the press. Aspers Casino did not comment on the incident.

Banning Use of Glasses

Two week ago the casino was banned from using glasses to serve drinks and the casino resorted to using plastic cups. This was following two serve cases of glassing. One resulted in an inch long cut to the victim’s head which required gluing. In the other case, the glass used to commit the crime was thrown away by casino staff, leading to the loss of vital evidence (see Newham Recorder's report on 9 September).

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My Comments

Other casino also serve liquor. Why only this casino is plague with drunken gamblers. Either is jinks or the management is no good.

Pest in Midst: Laggard to the Casino Industry

REBLOG> Pest in Midst: Laggard to the Casino Industry:
XingCai's Original Blog

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Casino Industry in Asia

Singapore is considered a laggard to the casino industry in comparison to her neighbor, Malaysia. To make up for being half-a-century late Singapore decided to have two casinos. Other Asian countries - Vietnam, Korea, Sri Lanka, Cambodia and Japan - are joining the bandwagon to intensify the fight for gamblers patronage. Like good foodies, gamblers will travel the extra mile for a wager.

The Singaporean Stunted Growth

Macquarie, a leading financial services provider in Australia, "think the Singapore gaming market cannot grow." They noted that the gross gaming revenue (GGR) for the nation had plateau around $6 billion a year since 2011. "After three big years, tourist arrivals in Singapore have started to decline (down 3 percent year-to-July) and most importantly, Chinese visitors who form more than 50 percent of Singapore VIP volume have fallen by 29 percent year-to-date," Macquarie said. VIP volumes make up around 80 percent of the city-state's total gaming volume, it said [CNBC 23 Sep 2014].

Singaporean Senseless Optimism

Carey Wong, an analyst at OCBC, is optimistic about the situation. He sees the drop in overseas visitors to be temporary as it is partly due to China's economic slowdown and corruption crackdown. He said, "Once things die down, we'll see the return of these high rollers," he said. "From an Asian perspective, Asians will gamble regardless of good times or bad. It's different from a Western perspective, where gaming is more for leisure." Wong does not seem to make much sense when he claimed that economic slowdown was the cause of decline in Chinese visitors yet advocating that bad times will not stop Asian gamblers. Singapore's strong currency and lack of tourist attraction in their tiny island is more likely the cause for their failure to attract foreigners.

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My Comments

Laggards will not have enough staying power to survive the business.

Sugar Babies Meets Sugar Dadies at Seeking Arrangement

Internet Prostitution

Sugar Babies goes to Seeking Arrangement to meet Sugar Daddies. Seeking Arrangement is a website that brokers the meeting of pretty young women with rich older men under the guise of providing social escort services. Tammy Castle, a professor at James Madison University, said "[The administrators of the Seeking Arrangement] are trying to avoid the negative stigma of prostitution by advertising this as just another dating website, but money is exchanged for arrangements that may include sex," the Atlantic reported on 19 Sep 2014.

In High Demand

As in the case with any search engine, the most it is crucial to be listed on top of the page. Men with annual incomes of over $5 or $10 million get the most attention. The site rewards women who could show that they are in higher learning institution. If women register with a ".edu" email account, they receive a free premium membership, something the guys have to shell out as much as $1,200 for.

The Ideal Product

Some men use the site entirely for sexual services. Most of them wanted sex and something else. They want a companion who understands and appears interested in what they have to say. A suitable mate to tag along for business trips or company events, and even meet their friends. Most importantly, they want someone who will help them pretend that the relationship is not a transaction.

Jack of All Trades: Ben Affleck Admits Counting Cards in Casinos

REBLOG> Jack of All Trades: Ben Affleck Admits Counting Cards in Casinos:
Jack Omnitrade's Original Blog

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Advantage Players

Savy Seph gave a good explanation of advantage players. "The advantage players have an edge over the house given that they tend to win more than they lose. While cheating at casinos is a criminal activity, advantage players use legitimate means to beat the house. Since they play by the rules, they deserve to pocket their winnings. The casinos may frown on the advantage players but they are not able to use legal means to throw advantage players in jail. This shows that the law recognizes advantage players to be a different kettle of fish from the unethical cheaters." Card counting, a form of advantage play, was used by Ben Affleck at the Hard Rock Casino in Vegas to win $800,000 in May 2014.

Ben Affleck Admits

Sky News had a few interesting quotes from Affleck in their 18 Sep 2014 article. "That is a true story. I mean, that took place. I took some time to learn the game and became a decent blackjack player," he said. "And once I became decent, the casinos asked me not to play blackjack. I mean, the fact that being good at the game is against the rules at the casinos should tell you something about casinos."

Casino as a Sore Loser

Blackjack is the only casino game that is vulnerable to a good system. The casino is a sore loser and they will reject your patronage. "They don't even want you to have a sporting chance, really. There's a lot of hospitality, backslapping, when they think you're gonna come in and dump money, and if they think you might leave with some money, it's like, 'You know what? Why don't you try craps or roulette?'."

Dispelling Rumors

Affleck dispelled the rumors surrounding his visit to the Hard Rock Casino in May. With respect to being kicked out of the premises he said, "I wish I could say they were afraid of me in every capacity, but they only said, 'No blackjack'. That would be awesome [if they threw me out]. 'Get him outta here! He's a magician!' Unfortunately, they just came up and said: 'We can't let you play blackjack. But we have other table games. We have Chinese poker'." Affleck also rejects reports that his blackjack playing was affecting his marriage to actress Jennifer Garner.

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My Comments

As the one of the system that can consistently beat the casino, card counting is not easy to master.