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Hawaiian Home Lands Have Five Years to Legalize Gambling

บัญชีดำการพนันในต่างประเทศของจีนดูเหมือนจะขยายตัวมากขึ้น

Hawaiian lawmakers have waited long enough to collect the revenue, which legal gambling would provide and to invest it in the state’s infrastructure. Looks like they would have to wait a little longer.
Last week the Senate Committee on Hawaiian Affairs made an amendment to bill SB 1321, which gave permission to the Department of Hawaiian Home Lands (DHHL) to establish a legal gaming sector.
The amendment was welcomed by Hawaiian Homes Commission Chair William J Aila Jr. He said: “If successful, this measure would provide DHHL a consistent source of funding in order to develop homestead lots. That is our purpose, and in order to do that, the Department needs a consistent source of funding for infrastructure construction.”
Under the terms of the amended bill, the DHHL would need a “super majority” to ratify the introduction of casinos across the island, although not on native land.
The bill would bring enough profit for new homes to be built. It stated: “The legislature further finds that over 28,000 native Hawaiians are awaiting homestead leases while the department of Hawaiian home lands struggles to develop land and lots.“
Hawaii Needs Funding
The state finds itself in a financial crisis due to the coronavirus pandemic. It would need over $6 billion to fulfill the needs of the people on the waitlist as well as another $10,000 for other costs.
According to the bill, in the face of the pandemic and all the financial losses the state experienced, it would need at least another hundred years to meet the needs of its beneficiaries at current funding levels.
It added: “The legislature additionally finds that, in the face of an unprecedented and historic budget shortfall as a result of the ongoing coronavirus disease 2019 (COVID-19) pandemic, the department of Hawaiian home lands must seek alternative means of revenue.”
One of the alternatives to compensate for losses is the development of an integrate resorts, which would include limited casino gaming on Hawaiian home lands designated for commercial use on the island of Oahu.
Hawaiian appetite for legal online gambling can only be compared to Texas’. The state has been preparing its ground for gambling operations until Lt. Gov. Dan Patrick made a statement that crushed all hopes.
He announced that he is opposed to such a move, as are the Republican senators. Such a statement makes it practically impossible for a bill to legalize gambling to pass since the Texas Senate consists of 18-13 majority of Republicans. In order for the legislation to pass, it needs 21 votes in favor. According to Mr. Patrick, there is not even a slim chance for this to happen.
It looks like Texas will continue to have one of the strictest gambling laws in the US.
Source: “Hawaiian Home Lands given five-year deadline for legalized gambling”, SBC Americas, February 15, 2021

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BGC ices gambling talk on football social media sites


The UK Betting and Gaming Council (BGC) is asking football clubs to refrain from discussing and promoting gambling on their social media sites in as part of an effort to avoid triggering problem gamblers. It’s move that may seem extreme to the layman, but will likely help keep UK gambling operators a step ahead of UK gambling regulators.
Guidelines for how football clubs should handle discussions of gambling were sent out by the BGC late last week and utilize a plea from 50 former gambling addicts to make the case. They pointed out that seeing their favorite club site promoting gambling caused them “distress” and “encouraged” them to place wagers.
As an effort to avoid these triggering moments, the BGC is recommending that football clubs refrain from promoting gambling operators or bonus offers and their “organic tweets”. This is a nod to the reality that gambling offers are ubiquitous on social media and that no one is really more than a click or two away from them on the internet anyways.
BGC officials sent a letter detailing the new code of conduct to 11 football clubs, as well as to social media operators.
In a statement reported on by SBC News, Brigid Simmonds OBE, Chairman of the BGC described the importance of the new standards saying, “Our members rightly have a zero tolerance approach to gambling by under-18s, so as an industry we are understandably concerned that children may be exposed to betting adverts on social media platforms. Our new guidelines make clear the standards expected of football clubs when they post gambling promotions on social media, and I look forward to them being put into practice as soon as possible.”
The BGC guidelines are not legally binding, but members of the BGC who wish to remain in good standing are expected to abide by them.
The post BGC ices gambling talk on football social media sites appeared first on .

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Smiljkovic Leads Final 25 in the MILLIONS Online Mini Main Event

Goldstein ผู้สนับสนุนการเดิมพันกีฬาที่ถูกกล่าวหาแทนที่ Adelson ตอนปลายเป็นประธานซีอีโอของ Las Vegas Sands

The $1,100 MILLIONS Online Mini Main Event field is down to only 25 players and it is Daniel Smiljkovic who leads the way. Smiljkovic is one of two players who finished Day 2 with a stack containing more than 100 million chips, 133,639,726 to be exact.
Smiljkovic has more than $3.4 million in online poker tournament cashes thanks, in part, to a near $50,000 score right here at partypoker. The Austrian won the High Roller One Shot in early February. Finishing fourth or betting in the MILLIONS Online Mini Main Event will best that impressive result.
Hungarian Laszlo Molnar is the other player with a nine-figure stack, namely 127,876,651 chips. Molnar is best known for his high stakes cash game grinding, but he certainly knows his way around a tournament table. It would take a brave person to bet against Molnar going all the way now that he’s so deep stacked.
Jamie O’Connor is another player to look out for when play resumes at 19:05 GMT on February 16. O’Connor won The Big Game on Sunday and now finds himself with enough chips for fourth-place when play in the MILLIONS Online Mini Main Event resumes.
Some of the other players to keep an eye on include start of Day 2 chip leader Sebastian Henao (66,391,911), and Irish Poker Masters Main Event champion Will Kassouf (26,467,500).
MILLIONS Online #01 Mini Main Event Top 10 Chip Counts

Place
Player
Country
Chips

1
Daniel Smiljkovic
Austria
133,639,726

2
Laszlo Molnar
Hungary
127,876,651

3
Leonid Orman
Russia
69,596,672

4
Jamie O’Connor
United Kingdom
68,136,629

5
Sebastian Henao
Mexico
66,391,911

6
Jon De Antonana
Malta
63,121,950

7
Francois Pirault
United Kingdom
62,496,167

8
Justin Ouimette
Canada
62,015,858

9
Rui Da Silva
Croatia
60,684,243

10
Carlos Chadha-Villamarin
Canada
60,478,888

Arikan Takes Down Mini Second Chance Event
Murat Arikan took down the MILLIONS Online #02 Mini Second Chance Turbo and turned his $530 into $14,821.
A field of 121 players took to the felt and only 20 of them saw a return on their investment. Sweden’s Andreas Berggren was the unfortunate soul who burst the money bubble, paving the way for the likes of Joseph Cheong, Roberto Romanello and Diego Cuellar to cash.
High stakes guru Byron Kaverman was the first finalist to fall. Sarah Forbes, Kasper Juulsen, Arnaud Enselme, and Brener Vicente followed Kaverman to the rail.
Rick De Boer and Alastair Smith crashed out to leave Arikan and Stoyan Kitanov heads-up. Arikan got the job done and collected the $14,821 top prize, leaving Kitanov to console himself with the $9,537 runner-up prize.
MILLIONS Online #02 Mini Second Chance Turbo Final Table Results

Place
Player
Country
Prize

1
Murat Arikan
Netherlands
$14,821

2
Stoyan Kitanov
Bulgaria
$9,537

3
Alastair Smith
United Kingdom
$6,543

4
Rock De Boer
Netherlands
$4,626

5
Brener Vicente
Brazil
$3,433

6
Arnaud Enselme
United Kingdom
$2,474

7
Kasper Juulsen
Denmark
$2,322

8
Sarah Forbes
Canada
$1,974

9
Byron Kaverman
Canada
$1,637

What’s In Store On February 16?
There’s plenty of MILLIONS Online action on February 16. First, the Mini Main Event plays down to its final table and we can’t wait to see who reaches it.
At the same time, 19:05, some of the world’s best players will battle it out in the MILLIONS Online #03 6-Max High Roller, a $10,300 buy-in one-day event with $500,000 guaranteed. An hour later, at 20:05 GMT, is the MILLIONS Online #04 6-Max High Roller Turbo, a $5,200 buy-in one-day event with $200,000 guaranteed.
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Town Council Bans Online Gambling Establishments in Branford

บัญชีดำการพนันในต่างประเทศของจีนดูเหมือนจะขยายตัวมากขึ้น

This week, the Town Council of Branford, Florida banned the operations of establishments allowing any type of online gambling, including online gaming machines, sports betting facilities and online casino.
The ordinance passed unanimously and there is no public comment or opposition voiced at a meeting on the matter. Earlier this month the same happened to Marion County where online gambling machines were banned.
According to Town Council President, Ken Saunders, the ban was necessary for the town since it was so small, just a mile radius, and there was no place for online gambling activities.
Another reason behind the decision is that there are many churches and residential areas, such as parks, playgrounds and schools and since the town is so small, there is no way to have protective zones around these facilities. This makes it difficult to keep an online gambling establishment like internet cafes that would allow online gambling and sports betting.
The ordinance says “The Town Council finds it necessary to ban the operation of these establishments for the health, safety, morals and welfare of the community of Branford.”
Donna Hardin, the town clerk of Branford for over 15 years said that the council did not want any kind of online gambling establishments inside the municipal limits.
She added: “Our town is so small we don’t really have any room for it.”
According to her, the town currently did not have any internet cafés and the council wanted to keep it that way.
The ordinance stated that the ban is active for 12 months with an automatic 6-month extension, which could only be stopped or reduced by the council itself.
Hardin said that during the 12-month period, the council would be able to keep a close eye on the problems regarding online gambling in town and later it would evaluate if more actions should be taken.
Marion County Example
According to Hardin, Branford’s council is learning from what happened to Marion County. The ban there was followed by robberies of online gambling machines and establishments in the county.
The Branford vote is a preventive measure to ensure that no such thing could happen to the town.
According to Marc Dunbar and Daniel Russell, who specialize in gambling law, internet cafes are considered to be convenience casinos or adult arcades, which offer online games that are almost identical to slot machines in casinos.
They added that currently Florida has more types of gambling than any other state in the US. Meanwhile, measures should be taken to ensure a safer gambling experience.
The town council does not plan to see any establishments like internet cafes within the borders of Branford. According to Saunders, meanwhile more businesses are built in the town that its citizens are more likely to enjoy.
He added: “Our town is growing, but it’s businesses that everyone can use.”
Source: “Branford bans online gambling establishments”, WUFT, February 15, 2021

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Thousands of jobs available at tribal casinos

FanDuel Online Games ประกาศความร่วมมือกับคาสิโน MotorCity


With millions of Americans out of work, the first sign of a recovery has to be in new jobs coming on the market. The tribal gaming industry is doing its part, with several operators posting new jobs in the past few weeks.Seneca Gaming Corporation has lots of jobs available at the Seneca Niagara Resort & Casino in Niagara Falls and Seneca Buffalo Creek Casino in downtown Buffalo. The operator will be hosting a job fair for open positions on February 25 between 10:00am and 6:00pm.“Even with the changes and challenges everyone has gone through over the past year, Seneca Gaming Corporation has remained one of the largest employers in Western New York, and we are excited to be growing our team across a variety of departments,” said Meghan Smith, Seneca Gaming Corporation’s vice president of human resources. “We truly believe that the time we spend at work should be rewarding, fulfilling and fun. That’s how we approach our jobs every day. If people are looking an opportunity in that type of environment, we are ready to talk to them.”Attendees can check out what’s on offer in person or virtually, but should be ready for an interview at a moment’s notice.On the other side of the country, the San Manuel Band of Mission Indians are also on the look out for fresh talent. That operator has more than 500 jobs to fill, with as many as 2000 coming for the rest of the year. They’ll be having their virtual career fair on February 18 from 9:00am to 4:00pm.“The expansion of San Manuel will offer an economic boost to the local job market at a time when it is really needed,” said Brigitte Saria, Chief People and Infrastructure Officer. “Our efforts to boost the local economy are guided by our commitment to ensuring our employment process and work environment follow leading health and safety standards.”The Chukchansi Gold Resort and Casino in Coarsegold, California are also hiring. The tribe is looking for 50 full-time and part-time positions, and will have a job fair on February 23 from 10:00am to 1:00pm.Add those jobs to the 150 that Oneida Nation Enterprises were offering as of last week, and there’s a lot to be hopeful for about the future of the economy, and particularly that of tribal gaming.Connecticut tribes close to new dealGovernor Ned Lamont wants sports betting in his state, and he needs a new deal with the tribes to get it done. He used his budget address to emphasize the push:“My administration has been in active negotiations with our tribal partners to bring the state’s gaming economy into the digital age. And I am submitting legislation which reflects what I believe to be the best bet in ending this stalemate of inaction in a way which is in the best interest [of] the entire state.”Construction resumes at Four WindsThe Pokagon Band of Potawatomi Indians’ contractor recently resumed building a hotel at Four Winds South Bend Casino. Construction slowed down significantly due to Covid-19.The new 23-story hotel was originally due to be completed this year. But with construction crews only working on the foundation now after a 10-month delay, maybe 2022 seems more accurate.

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Is Hellmuth vs Negreanu happening?

DraftKings เริ่มต้นในเวอร์จิเนียภายใต้ใบอนุญาตการพนันกีฬาชั่วคราว


We recap some stories you may have missed including a huge PKO event and how much of himself is Landon Tice playing for?

KidPoker vs the Poker Brat?
We hinted at it last week and now it seems confirmed that Daniel Negreanu and Phil Hellmuth will play heads-up. 
Given both men are traditionally live players it seems inevitable that it will be face to face and streamed on PokerGO. 
The early betting markets have suggested Hellmuth is the favourite, which seems ludicrous given how much Negreanu improved in his heads-up challenge against Doug Polk. 

Happy to play anyone on @PokerGo App’s “High Stakes Duel.” Looks like they are bringing me the GREAT Daniel Negreanu @RealKidPoker, the guy that studied heads up for months w coaches I respect, so be it. It will be a great challenge for me! Hoping I don’t look like THIS photo!! pic.twitter.com/EpE1BqRMWP
— phil_hellmuth (@phil_hellmuth) February 13, 2021

Tice has skin in the game
The other big heads-up match in the works is Landon Tice vs Bill Perkins, and it has been the subject of a lot of debate this last week.
Namely, how much does the poker wunderkind Landon Tice have invested in himself? Rumours circulated that he is playing for just 10% of himself in this challenge where he is already paying Bill Perkins $720,000 to play. 
Tice confirmed that he has sold a lot of action for this event but while his percentage is low, it still means he has a lot of his net worth on the line:

Let me make something clear that I’m sure everyone cares about regarding my challenge with @bp22 I’m selling a lot of action for it. A lot.I’m not rolled to battle at nosebleeds. However, I am putting a very large amount of my relative net worth on myself winning it.
— Landon (@LandonTice) February 11, 2021

MicroMillions the biggest PKO ever?
The MicroMillions Main Event was a PKO for the first time in its history and it (probably) automatically became the biggest field ever for a progressive knockout tournament. 
49,487 entries for the $22 Main Event, which was not quite enough to hit the $1 million guarantee. 
It did lead to one player bagging almost $60,000 for their troubles including $18,651.13 in bounties alone:

The final table

Table stakes only
OK, so this week’s meme classic from Reddit beats all those ‘toilet roll poker home game’ jokes from last year:
When Polaks Play Poker from r/poker

Will we see Hellmuth vs Negreanu heads-up? Let us know in the comments:

Barry Carter
Barry Carter is the editor of PokerStrategy.com and the co-author of The Mental Game of Poker 1 & 2, Poker Satellite Strategy and PKO Poker Strategy



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Did the next Macau bubble just start two weeks ago?

บัญชีดำการพนันในต่างประเทศของจีนดูเหมือนจะขยายตัวมากขึ้น


The entire concept of a “bull market in stocks” makes little sense. Sound crazy? These days, certainly, because we’re always hearing about a perpetual bull market in stocks. Valuations increasingly disconnected from economic reality, asset bubbles in one class or another, armies of speculators moving like zombie hoards descending on the next fad and blowing it up to infinity and beyond, Buzz Lightyear-like.Why is the whole concept of a bull market generally, nonsense? Because if the value of everything is going up simultaneously, then nothing is going up. If everyone is a superhero, nobody is. If, in an imaginary economy, absolutely everything costs, say, $5, (labor, land, capital whatever) and then the next day everything costs $10, then what’s changed? The answer is absolutely nothing.The only thing that matters is relative valuations between asset classes. Let’s divide them into three of the most basic ones. Equities (stocks), bonds (debt), and commodities (consumer goods). If all three are going up in tandem, then there is no “bull market” in anything. If commodities are going up faster than stocks and bonds, you have inflation, or even hyperinflation. Ask anyone in Venezuela whether they care that their stock market is doing great, nominally. They don’t. They’re looking for their next glop of gruel or morsel of moldy bread to survive the day.But if stocks and bonds are rising and consumer goods are static to falling, you have a bull market in financial assets. This is where we are now. And boy are we really hard and deep into it now. Below is the ratio of the S&P 500 to the CRB Commodities Index.And I’ve got news for everyone. This bull market in stocks relative to consumer goods in dollar terms is already over. It ended almost a year ago. On April 20, 2020 to be exact. Red circle blowoff top above. That was when oil crashed to negative $35 a barrel and we all lived in an alternative financial freakhouse universe. But I have more news than that. This entire “bull market” in stocks has been one gigantic illusion from the very beginning. Stocks aren’t going up. They haven’t gone up for 21 years. Money is going down. Here is the graph of stocks relative to the prime monetary commodity, gold, over the same timeframe above.We can see here that from 1990 to 2000, we had a real bull market in stocks. Equities rocketed in gold terms and in terms of consumer goods generally. Everyone felt richer. Portfolios up, expenses down. But since that time, money has been dying at an accelerated pace and the standard of living has fallen.The bull market in stocks over the last 21 years has been an illusion, a tiny echo of the bull that ended at the turn of the century. We have spent the last 21 years trying to reinflate it, but gold has exposed the lie. We are now at the point where the illusion is about to collapse completely. In my view, we have only a few months left until it all hits the fan. Until then, the bubbles will keep coming in staccato frenetic fashion, moving from one asset class to another faster and faster, until we all get so dizzy we can’t follow it anymore. Last week I speculated that maybe the next target for the zombie hoard will be in penny gaming stocks. I was close. It’s in Macau stocks. It may already have started two weeks ago. The frenzy has started over news about China opening up again. I mean, just look at this crazy chart of the Macau proxy ETF:That last surge higher is just since February 1. We could be at the beginning of a crazy but brief ride higher in Macau stocks right now. New all time highs again, and Macau isn’t even fully open yet. The latest full month statistics for December show a 78.6% drop in visitors year over year. And yet we’re at new all time highs in these stocks already. It’s just completely crazy. I can understand the Macau opening up again trade, but to argue that this factor is being priced in at these levels, at new all time highs? As if none of this full year shutdown hurt any of the casinos fundamentally at all? That’s just totally bonkers crazy. It’s a reflection of the value of the currency these stocks are priced in, not the stocks themselves.What’s happening is that the zombie hoard of bubble chasers is reading the headlines regarding China starting to open up again, and they’re slamming buy orders and call options like they’ve been doing with tech stocks and Gamestop and BTC and all the other fads. We just got news out of Bloomberg that China’s Imax had a face-ripping rally due to exploding ticket sales. China is, indeed opening up, and the zombie hoard of speculators is now going to spray their money hoses at anything Chinese. Macau might be at the center of it.How high can this Macau bubble go, if that’s what we just saw start two weeks ago? The truth is, it doesn’t matter. If you get into it, you’ll get hooked and keep levering yourself up, counting your paper gains, unable to separate from them until you get caught in a vortex. At some point, my view this year, it’s all going to come crashing down when all the damage from 2020 is finally revealed all over the world. You can’t paper it over forever. The damage to Macau casinos doesn’t just go away. It festers in the form of more and more debt, and a damaged consumer base that can no longer patronize casinos in the way it once could. Festering wounds need the paper bandage removed and they need to be operated on. That is painful. And it’s coming.When we think of the word “bubble”, what are we really talking about? A bubble is something that looks, from the outside, to be really big and stable. The shape of it, a sphere, is the most stable shape in the universe. It’s why planets, stars, moons, and possibly even the spacetime continuum itself, spontaneously shape themselves into spheres. The force of gravity equalizes at every point on the sphere, forming equilibrium. Nature always seeks equilibrium. And so bubbles take on the illusion of stability, but unlike a real sphere, there’s nothing inside them. When they pop, they are gone almost instantly. This one is about to pop. Macau appears to be the next victim sucked up by the bubble. Macau will survive and rebuild. The question is, in what form? I wouldn’t take a bet the depended on me getting the answer to that question right.

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Richard Downey explains the power of the US sports betting market

บัญชีดำการพนันในต่างประเทศของจีนดูเหมือนจะขยายตัวมากขึ้น


No one in the industry can underestimate the old fashioned values of building trust amongst customers. Richard Downey, Senior VP for Connections by the Specialist Works, understands that more than most. He sat down with Calvinayre.com’s Becky Liggero Fontana to share his insights on the U.S. sports betting market.Downey emphasized leveraging relationships from prior careers. “I was publisher of a magazine called Poker Player and I moved from there into the agency. I’ve been able to maintain an involvement in the gaming industry by having clients in the space,” Downey said.Downey is a firm believer that operators still require a that branding plays an integral part in building trust with customers in the highly competitive U.S. sports betting market. “In the gaming sector there is an element of credibility and trustworthiness that exists everywhere, but especially in the U.S. market. Getting access to online gaming in the U.S. market for the past period of time has not been completely legitimated. Gaming is being rebranded as mainstream entertainment and it’s really important that the brands that come through with it do a good job for the customers.”Downey pointed out that new operators have to consider the Vegas perceptions of gaming when it comes to brand marketing and alignment.“For a long time gaming has been synonymous with Las Vegas and therefore it’s completely logical that a lot of the Vegas gaming companies are using their brands to do that job of legitimization and credibility. If a gaming operator is trying to break into the mainstream market in the U.S. then I think having a credible brand behind you, either through brand recognition or through marketing is a good way of making people believe that you know that their gaming environment is a safe one,” he said.In the full interview, Downey gives advice for new operators for developing brand strategy in the U.S. sports betting market. And if you haven’t yet, watch all of our videos as they go up by subscribing to the CalvinAyre.com YouTube channel.

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Silver Trails’ Slot Review

DraftKings เริ่มต้นในเวอร์จิเนียภายใต้ใบอนุญาตการพนันกีฬาชั่วคราว


A title like Silver Trails offers a Wild West theme. Notwithstanding this well known theme, this present Novomatic’s slot has 5 reels, 3 rows and 243 different ways to win. In spite of these features, the game has various and interesting things on offer.The Wilds and Scatters are essential for the combination and they carry multipliers with them just as a Jackpot Feature which allows you to win one of 4 different bonanzas. A bet feature is likewise available.Betting and Prizes Much the same as in most slot games, you’ll need to match identical images to get prizes. You can get 3 images in a combo and win a prize. Be that as it may, you can likewise get 4 or 5 of them and improve prize. As said earlier, this game allows you to win one out of 4 bonanzas. They are the Mini, Minor, Major, and Grand bonanzas. Silver Trails has a lot to offer.Silver Trails’ Slot Features Since the royal card images are very famous you’ll see them in this title too. They are joined by the 10 image just as images that fit the theme. These are the revolver and bullet, the cowboy and others.Normally, there are some exceptional images in the combination. The Wild is the first and it seems stacked on reels 2 and 4. Other than this one, you additionally have the Silver Star image which is the Scatter one. At the point when it lands on reels 1, 3, or 5 you’ll get a multiplier that equals the sum on the stars that landed.Also, the Scatter is liable for another feature too. However, for that, you’ll need at least 6 Scatters to trigger this feature. When this occurs, the images that set off the feature remain and place, and you get 3 Bonus spins. The counter moves to 3 when you land another Scatter.On the off chance that you are able to cover the whole reels with the Silver Star image, you’ll get the Grand Jackpot. Then again, you can get any of the other 3. Strong multipliers are additionally important for this feature and they can get as high as 20x your stake.The last feature that allows you to increase your rewards is the Gamble feature. In any case, it’s a dangerous feature as you can lose them on the off chance that you don’t play it right.Theme and Design With Silver Trails slot fans are given another title that is motivated by the Wild West. The images and the background of the game look stunning and the game mechanics are impeccable. At long last, the game’s engineers didn’t mix out the opportunity to make this a mobile-friendly game too.ConclusionSilver Trails takes you to the Wild West and allows you to earn huge prizes. Because of the Jackpot feature you can leave with 1 out of 4 magnificent bonanzas. On the other hand, you can try our the bet feature and appreciate the multipliers that come with the Silver Stars. Wilds are in the combination too.

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Addabbo Confident New York Mobile Sports Betting Can Launch This Year

บัญชีดำการพนันในต่างประเทศของจีนดูเหมือนจะขยายตัวมากขึ้น


Posted on: February 15, 2021, 10:16h. 
Last updated on: February 15, 2021, 10:16h.

Steve Bittenbender

Read MoreNew York state Sen. Joseph Addabbo, Jr. (D-Queens), the lawmaker spearheading the push for the Empire State to embrace mobile sports betting, doesn’t just believe the state legislature will pass a bill soon to expand sports betting in the state.
New York state Sen. Joseph Addabbo Jr. takes part in a swearing-in ceremony for his seventh term last month. Addabbo is a leading lawmaker pushing to legalize mobile sports betting in the state. (Image: NYSenate.gov)He also believes the first bets could take place later this year.“I remain optimistic that should it be in the budget April 1st, with a little initiative, our state government can get it up and running by Sept. 9th, which is the first day of the NFL football season,” Addabbo told Casino.org in an interview.It’s been nearly three years since the US Supreme Court opened the door for sports betting nationwide. New York did take advantage and approve retail licenses for its four upstate casino resorts. In addition, Class III tribal casinos are also allowed to offer sportsbooks on their properties.However, analysts and observers point out that New York misses out on a significant revenue stream since it does not allow mobile applications.For example: According to the New York State Gaming Commission, the four retail sportsbooks in the state generated revenue totaling nearly $3.6 million in January. Over the same month, Indiana – a state with roughly a third of New York’s population – saw its mobile and retail operators earn $29.3 million in taxable revenue.The senator said New York usually leads the way when it comes to state policy.“We’re that car in the right lane with four wobbly wheels, and we’re limping along,” Addabbo said. “And these other fast cars like (New) Jersey and Pennsylvania are whizzing by us. That’s an odd spot for New York to be in.”Sports Betting Part of NY Budget TalksA recent study by Spectrum Gaming estimated that mobile sports betting could generate more than $1 billion in gross revenue for New York operators. If the state sets the tax rate at 10 percent, that would mean more than $100 million in annual revenue.Addabbo’s bill, Senate Bill S1183, as well as legislation sponsored by state Assemblyman Gary Pretlow (D-Mount Vernon), sets the rate an 8.5 percent. However, that rate, like other portions of the bill are open to negotiation, the senator said.The senator also noted that the original sports betting bill he filed a couple of years ago gave each casino one skin. Now, the bill offers them two, which means a potential of 14 skins, or mobile operators, for the state once the three downstate casinos are awarded.I think that’s all part of the budget negotiations,” Addabbo told Casino.org. “How many skins and the license fee and the tax rate that is all part and parcel of the budget negotiations. It’s all part of the discussions that we’re going to have, and that’s where we’ll have to come to some agreement.”Still, time is of the essence.April 1, the start of New York’s budget year, is just 45 days away as of Monday. While that’s six and a half weeks, as Gov. Andrew Cuomo told reporters Monday, “in government, 45 days is a blink of an eye.”Addabbo Concerned State-Run System Can’t Meet DemandThe good news is that Cuomo is on board with expanding sports betting in the state to include online applications. The bad news is, his vision for sports betting varies significantly from that of Addabbo and Pretlow. Those lawmakers chair the gaming committees in the respective chambers.Both lawmakers’ bills call for New York to operate sports betting like New Jersey, Pennsylvania, and Indiana. Each of the state’s casinos currently would get the chance to partner with two mobile operators.Cuomo, though, wants the state to be in more control. He wants a system more like the lottery allowing the state to derive more of the revenue. That approach resembles what Rhode Island, Montana, New Hampshire, Delaware, and Oregon have implemented.As Addabbo indicated, though, those states combined have a smaller population than New York.“I’m concerned about New York having a product that can handle the volume and the growing, expanding the market,” Addabbo told Casino.org.He also noted that Oregon leaders are already having second thoughts about their lottery-managed sports betting product.Just last month, Gov. Kate Brown requested that the state’s legislature take up a bill allowing the Oregon Racing Commission to regulate sports betting and grant licenses.“So, if it’s not good enough for Oregon, I don’t think it should be good enough for New York,” Addabbo said.

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