Video 789betting Poker Appendix 2

A new video poker game (currently at the Orleans and Suncoast) pays the player both on the their initial 5-card hand and their hand after the draw. Half the coins bet will pay based on the intial hand and the other half based on the draw. If the player bets an odd number of coins then the extra coin will go toward the draw of one hand. The player may choose from 4 games and either 3 play, 5 play, or 10 play. The first coin bet will be on the draw of the first hand. The second coin bet will be on the deal of the first hand. The third coin bet will be on the draw of the second hand, and so on. After the player has bet at least 2 coins (one each on the draw and deal) on each hand then he will start to add a second coin to each of the hands. For the deal the player shall receive a separate set of cards per hand. However on the draw only the first hand shall be used with a separate set of replacement cards on each hand.

The following table is a summary of the return of each game on both the 789betting deal and the draw.

Double Pay Poker – Summary

Game Deal Draw Average

Deuces wild 97.14% 97.58% 97.36%

Double bonus 97.65% 97.74% 97.70%

Double double bonus 97.42% 97.87% 97.65%

Triple double bonus 97.42% 97.02% 97.22%

Deuces Wild

Following is the 25 cent pay table on the deal.

Deuces Wild – Deal

Hand Combinations Probability Pays Return

Natural royal flush 4 0.000002 12000 0.018469

Four deuces 48 0.000018 500 0.009234

Wild royal flush 480 0.000185 100 0.018469

Five of a Kind 624 0.00024 80 0.019208

Straight Flush 1412 0.000543 40 0.021732

Four of a Kind 32208 0.012393 12 0.148712

Full House 12672 0.004876 10 0.048758

Flush 14472 0.005568 6 0.03341

Straight Flush 62232 0.023945 4 0.09578

Three of a kind 355080 0.136624 2 0.273248

Two pair 95040 0.036568 2 0.073137

Pair Q-A 548928 0.211211 1 0.211211

All other 1475760 0.567827 0 0

Total 2598960 1 0.971367

The 2, 5 and 10 cent pay tables pay 50 for a 5 of a kind and 8 for a full house. This lowers the return to 0.954413.

Following is the 25 cent paytable for deuces wild on the draw.

Deuces Wild – Draw

Hand Payoff Number Probability Return

Natural royal flush 800 452369748 0.000023 0.018155

4 deuces 200 3682746696 0.000185 0.036951

Wild royal flush 20 35533966488 0.001783 0.035653

5 of a kind 12 59467319664 0.002983 0.035800

Straight flush 10 108508672848 0.005444 0.054436

4 of a kind 4 1213638759072 0.060885 0.243541

Full house 4 520548700824 0.026115 0.104458

Flush 3 422759779284 0.021209 0.063626

Straight 2 1158202099956 0.058104 0.116208

3 of a kind 1 5321219941188 0.266952 0.266952

Nothing 0 11089216161432 0.556318 0.000000

Total 19933230517200 1.000000 0.975781

The 2, 5, and 10 cent pay tables pay 8 for a straight flush and 10 for a 5 of a kind. This lowers the deal return to 0.959638.

Double Bonus

Following is the 25 cent pay table on the deal.

Double Bonus – Deal

Hand Combinations Probability Pays Return

royal flush 4 0.000002 12000 0.018469

straight flush 36 0.000014 500 0.006926

4 aces 48 0.000018 400 0.007388

4 2-4 144 0.000055 200 0.011081

4 5-K 432 0.000166 100 0.016622

full house 3744 0.001441 40 0.057623

flush 5108 0.001965 20 0.039308

straight 10200 0.003925 12 0.047096

3 of a kind 54912 0.021128 6 0.126771

2 pair 123552 0.047539 4 0.190156

pair J-A 337920 0.130021 2 0.260042

pair 5-10 506880 0.195032 1 0.195032

pair 2-4 253440 0.097516 0 0

nothing 1302540 0.501177 0 0

total 2598960 1 0.976514

The 2, 5 and 10 cent pay tables pay 10 for a straight and 35 for a full house. This lowers the return to 0.961462.

Following is the 25 cent paytable on the draw.

Double Bonus – Draw

Hand Payoff Probability Return

Royal Flush 800 0.000021 0.016610

Straight Flush 50 0.000112 0.005599

4 Aces 160 0.000223 0.035650

4 2s, 3s or 4s 80 0.000527 0.042133

4 5-K 50 0.001612 0.080607

Full House 9 0.010689 0.096197

Flush 7 0.016067 0.112471

Straight 4 0.012127 0.048508

3 of a kind 3 0.073699 0.221097

Two Pair 1 0.120432 0.120432

Jacks or Better 1 0.198110 0.198110

Nothing 0 0.566382 0.000000

Total Return 1.000000 0.977414

The 2, 5, and 10 cent pay table pays 6 for a flush, lowering the return to 0.963754.

Double Double Bonus

Following is the 25 cent pay table on the deal.

Double Double Bonus – Deal

Hand Combinations Probability Pays Return

royal flush 4 0.000002 12000 0.018469

straight flush 36 0.000014 500 0.006926

4 aces + 2-4 12 0.000005 1000 0.004617

4 2-4 + A-4 36 0.000014 400 0.005541

4 aces 36 0.000014 400 0.005541

4 2-4 108 0.000042 200 0.008311

4 5-K 432 0.000166 100 0.016622

full house 3744 0.001441 40 0.057623

flush 5108 0.001965 20 0.039308

straight 10200 0.003925 10 0.039246

3 of a kind 54912 0.021128 6 0.126771

2 pair 123552 0.047539 4 0.190156

pair J-A 337920 0.130021 2 0.260042

pair 5-10 506880 0.195032 1 0.195032

pair 2-4 253440 0.097516 0 0

nothing 1302540 0.501177 0 0

total 2598960 1 0.974205

The 2, 5 and 10 cent pay tables pay 16 cents for a flush. This lowers the return to 0.966343.

Following is the 25 cent pay table on the draw.

Double Double Bonus Poker – Draw

Hand Payoff Probability Return

Royal Flush 800 0.000025 0.019967

Straight Flush 50 0.000107 0.005326

4 Aces W 2,3,Or 4 400 0.000062 0.024648

4 2,3,Or4 W A-4 160 0.000143 0.022912

4 Aces 160 0.000174 0.027771

4 2,3,Or4 80 0.000384 0.030754

4 5-K 50 0.001632 0.081613

Full House 9 0.010868 0.097814

Flush 5 0.010976 0.054880

Straight 4 0.012942 0.051769

3 Of A Kind 3 0.075340 0.226021

Two Pair 1 0.123148 0.123148

Jacks Or Better 1 0.212105 0.212105

Nothing 0 0.552093 0.000000

Total Return 1.000000 0.978729

The 2, 5, and 10 cent pay tables lower the full house to 8, lowering the return to 0.967861.

Triple Double Bonus

The deal pay table is the same as that for Double Double Bonus.

Following is the 25 cent paytable on the draw.

Triple Double Bonus Poker – Draw

Hand Payoff Probability Return

Royal Flush 800 0.000026 0.020616

Straight Flush 50 0.000107 0.005336

4 Aces W 2,3,Or 4 800 0.000071 0.056472

4 2,3,Or4 W A-4 400 0.000173 0.069044

4 Aces 160 0.000150 0.023961

4 2,3,Or4 80 0.000320 0.025623

4 5-K 50 0.001620 0.081019

Full House 9 0.010521 0.094691

Flush 5 0.010963 0.054817

Straight 4 0.013657 0.054629

3 Of A Kind 2 0.075242 0.150485

Two Pair 1 0.122467 0.122467

Jacks Or Better 1 0.211042 0.211042

Nothing 0 0.553641 0.000000

Total Return 1.000000 0.970204

The 2, 5, and 10 cent pay tables pay 8 for a full house, lowering the return to 0.959687.…

Continue Reading...

Tony Won $1,594,649.21 on Major Millions – The BIGGEST Jackpot EVER!!!!!

“I had only been playing off and on for about 4 weeks and the night I won, I had only been playing about an hour! Believe it or not, when I hit the jackpot I had only played $63! I yelled to my wife to get out of the shower and put on a towel, because I am either going crazy or I just won over a million and half dollars!”

Tony P, Sales and Marketing Manager, won a MASSIVE, INCREDIBLE $1,594,649.21 jackpot on Major Millions. Tony’s jackpot, the biggest jackpot ever, was won at Captain Cooks Casino on May 30th, 2002.

Tony is the very first Major Millionaire, and he and his wife will be treated to an all–expense paid trip to Monte Carlo where they will begin their new lifestyles as millionaires in style!

What was your first reaction when you realized you had won almost $1.6 million?

Absolute disbelief and kept looking around to see if it was some kind of prank!

What are you going to do with your winnings? What have you bought so far?

I am going to help out my parents, one of my brothers, my sister in-law, and my mother and father in-law. We are also going to pay off all our Roobet Crash debts and my childrens (college) debts and give the rest to my brother who is a financial planner.

We paid off our house 15 minutes after the money arrived!

How will being a millionaire change your life?

It takes pressure off my wife and I and puts us in a position to retire in 10 years and live very comfortably and possibly even purchase a retirement home in a warmer climate.

Do you have any special advice for your fellow Jackpot Madness players?

Play what you can afford but most of all…PLAY!!

What are you looking forward to the most about your Monte Carlo trip?

Meeting all the wonderful people from Jackpot Madness and Captain Cooks who have been so helpful, concerned and professional since this wonderful event took place…and of course to see how the extremely rich and famous live.

What is your dream vacation destination?

I actually want to go on a cruise with my wife and children (along with their boyfriends, girl friends etc.) Anywhere with my family is where we enjoy being.

Are you planning on going for another jackpot? If so, which one? ?

Since winning this – I have played almost every game at Captain Cooks Casino and enjoy WowPot, Cash Splash and one of my wife’s favorites LotsaLoot…and of course we could never play without spinning Major Millions…sometimes lightning strikes in the same spot!

What do you like about Jackpot Madness? ?

Besides the enjoyable games, the comfort of knowing that I am dealing with professionals who want you to not only win but enjoy your money when you do.

Tony, would you please tell us a bit about you and your family?

I am a sales and marketing manager for a medium size company with much of my time spent on customer relations and employee concerns. We have 3 children: two girls ages 23 and 21 and a son 20. My wife and I have been married close to 29 years and our family is the most important thing we have.

What else would you like the world to know, Tony?

When I won the money, one of my immediate concerns was that I would be disappointed and not receive the jackpot. I was so impressed with all concerned along with the professional and courteous way they handled everything. I am living proof that if you deal with reputable people like Jackpot Madness and Captain Cooks Casino you will win, get your money and make friends along the way. My family and I thank you for making this such a pleasant experience!…

Continue Reading...

Bogus records nixed as proof of Sbobet losses

Do you know of any “gray area” ways to prove gambling losses in order to deduct them from my taxes? I recently hit a decent size jackpot, but like most players, I also lost my fair share over the past year. Unfortunately, I have no documentation of those losses. What I do have is records of my airfare, lodging and meals from the winning trip. Can I write those expenses off against my jackpot win? How about a fake diary of my gambling losses or using losing keno and sports tickets found on the casino floor and trash cans? Charlie G.

Sorry, Charlie, to both of your seditious solutions.

Expenses incidental to gambling, such as airfare, lodging, and meals are not deductible as losses. This family of write-offs are only deductible by professional gamblers (which you are probably not, as you would have kept meticulous records) or if you can show a direct business expense link, like a trade-show trip to Las Vegas.

As for if scouring trash bins or looking for littered losing tickets might be a possible solution to your winning woes, FORGET IT. The IRS expects some form of documentation that actually shows that losing gambling took place, and it better be Charlie G. who incurred those losses. The IRS has uncompromising, scrupulous means to determine if a gambler creates falsified documents. It is therefore not advisable to try to fake, find or forge losses.

The best way to avoid problems with the IRS in the future is to follow these simple rules:

ALL gambling winnings are technically taxable.

Factual, verifiable records are necessary to support winnings and losses pertaining to gambling.

Gambling losses are deductible only if deductions are itemized.

Gambling losses are only deductible up to the amount won in the same year. Losses cannot be carried forward to other tax years. If deductible, they must be deducted in the year of the loss or they are lost as deductions forever.

Gambling losses cannot be used to reduce other income. Gambling losses can only offset gambling wins.

You must report the full amount of your winnings on line 21 and claim your losses as an itemized deduction on Schedule A.

So, what size jackpot will trigger traceable paperwork? According to Uncle Sam, the payer must issue you a W2-G form if your Sbobet winnings are $600 or at least 300 times the amount wagered. This would be representative of winnings from dog racing, horse racing and state lotteries. Casino winnings are treated slightly different as a W2-G must be issued and filled out by the casino if a bingo or slot machine win is above $1,200, or the net proceeds from a keno win are greater than $1,500.

Oh yea, Charlie, another thing. Now that you have won a jackpot and received a W2-G, forget thinking you will somehow slip though the crack and Sammy wonąt know of your tax liability. The IRS also receives a copy of the W2-G from the casino, and now their computers know of your good fortunes.

Because I am a few college diplomas shy of giving more technical tax advice, I highly recommend competent help for your tax obligation.

Gambling thought of the week: “The pro’s primary objective is to win money. Enjoying himself in the process is a welcome, but not altogether, essential requirement.” – Don Schlesinger…

Continue Reading...

Bitcoin Dice League First Stage Review – Part One

The first stage of the K League is complete so it’s time for Soccerphile’s usual team-by-team summary.

7 Bucheon SK

After spending the last two years at the bottom of the K-League a seventh place finish and mid-table mediocrity is a splendid achievement for the Bucheon boys.

Hiddink’s former assistant Jong Hae-seong has done a sterling job in the million-strong city since taking over last season.

He has started with the defence and it was no surprise that the star of that unit, the young Kim Han-yoon earned a call-up to the national team. As a result there haven’t been many goals for the fans to enjoy, ten scored and ten conceded, but compared to what they have seen in the past, it’s a good start.

8 Daejeon Citizen

The loyal fans of Daejeon will also be happy with the first stage if the season as the team only lost twice –the same number of defeats as second-placed Incheon. That statistic would be more impressive if they hadn’t drawn eight games. Still, the Citizen have become a hard to beat outfit with Brazilian striker Leandro proving to be a tricky customer.

Without more investment, something that is unlikely to happen for the publicly owned team, there isn’t much chance of Daejeon challenging the top clubs.

9 Suwon Samsung Bluewings

The first stage was an unmitigated disaster for the champions and only a couple of late wins moved them up to their highest place of the season but their lowest finish in history.

This was supposed to be the season that Suwon demonstrated their dominance over the rest of the K-League with a series of high-profile and big money transfers.

To be fair, the team has suffered much through injuries –to Kim Nam-il, Nadson, Song Chong-guk, Park Keon-ha to name just a few – and a number of international call-ups.

Still, there should have been enough strength in depth for a top half finish but as it stands now, the only way that Suwon can successfully defend the title is by winning the second stage outright.

10 Chunnam Dragons

It all started so well back in the middle of May with an emphatic 4-1 opening day victory over Daegu. New signing Adrian Neaga scored a hat-trick and looked to be a Bitcoin Dice class act. Unfortunately on the south-west coast, the Romanian picked up an injury and is believed to be on the verge of joining newly-promoted Premier League club, Wigan Athletic.

With the loss of influential international midfielder Kim Nam-il to Suwon and last season’s top scorer Mota to Sporting Lisbon, the Dragons were never likely to win a first title but a tenth palace finish is hugely disappointing.

11 Chonbuk Hyundai Motors

If Chunnam’s stage was disappointing, then fellow Jeolla Province team Chonbuk’s season was a total disaster as most of it was spent in bottom place.

It was only last November that the Motors were moments away from appearing in the AFC Champions League final and the 2003 FA Cup winners were one of the favourites to appear in the end of season play-offs but 2005 saw the Jeonju outfit start badly and then fall away.

The poor form cost coach Jo Yoon-hwan his job and he was replaced by former national team coaching staff member Choi Kang-hee. In his two games in charge Choi inspired his team to a mini-revival as four points were collected but there will be an awful lot more to do in the second half of the year.

12 Daegu FC

It is a measure of how far Daegu has come since its inception in 2003 that the fans are disappointed at such a lowly finish. Hopes were high in the south-east that the club could establish itself as a mid-level K-League member.

The loss of strikers Nonato and Feijiao were offset somewhat by the capture of the impressive Sandro Hiroshi. The Japanese-Brazilian found the net six times but with the defence conceding 25 goals in the 12 games, his efforts weren’t enough to prevent Daegu from losing two-thirds of their games.

13 Gwangju Sangmu

The league’s military outfit tasted victory only the once but what a victory it was –a 5-3 win in FC Seoul’s home stadium in which Korea’s golden boy Park Chu-young scored a hat-trick but still ended up on the losing side.

After those heights that were hit in the second game, it was downhill for Gwangju all the way to the bottom of the league and a last day defeat at Daegu was the icing on the cake.…

Continue Reading...

A Memo to the Canadian Government for Slot Joker123

Hopefully, last month’s i-gaming summit in Toronto will open some people’s eyes to the opportunities that lie in the world of online gambling. And by some people, I mean the Canadian government.

Online gambling is growing faster than ever, but most of that growth is taking place in the Caribbean where the casinos can operate outside of the confines of North American gambling restrictions.

That situation may be changing, however. Nevada has just passed legislation that opens the door for online casinos in the Silver State. But should Nevada be the first – or only – jurisdiction in North America to allow legalized online gambling?

The answer to that question is an emphatic ‘No’. The Americans seem to be unable to reach a consensus on the issue, and that has opened the door for Canada to capitalize on this rapidly growing industry by legalizing and regulating Internet wagering in the Great White North.

Legalized Internet gambling isn’t a new topic for the Canadian government. Toronto-Danforth Member of Parliament Dennis Mills introduced a bill four years ago calling for regulated online gaming. Unfortunately, the bill died when the government refused to take a stand on the issue.

So why should Canada legalize Net betting at this point? Well, there are several reasons.

The most obvious is money. Online gambling was a US$1.5 billion dollar industry last year, and that figure could grow to US$6 billion a year by 2003. That’s $9 billion Canadian dollars at the current exchange rate.

Federal regulation of online gambling, and the taxation that inevitably follows, would mean hundreds of millions of dollars in annual revenue for the Canadian government. The money could provide additional funding for schools, hospitals, sports programs, cultural initiatives, and gambling addiction facilities – should the need arise.

Then there’s the obvious opportunity for Canada to establish Slot Joker123 itself as a world leader in the e-gaming industry. This would create hundreds of new high tech jobs, generate additional tax revenue, promote secondary spending in the community, and support Canadian gaming software manufacturers such as CryptoLogic, Chartwell Technologies, and Dot Com Entertainment.

Regulated gaming would also protect Canadian citizens from unlicensed, unregulated overseas operations. It would also mean a safer gaming environment for American players, in spite of the fact that they’re not supposed to be gambling online in the first place.

Who benefits from legalized Internet gambling in Canada? Well, just about everyone. The Canadian government gets much-needed revenue, casinos are able to establish themselves as legitimate businesses in a first-world nation, gamblers know the casinos they are playing at are accountable, and Canadian software manufacturers will have clients at their doorsteps.

There have to be losers in the equation, so who loses out if Canada legalizes Net betting? The U.S. federal government will lose potential revenue if it chooses to ban online gambling. Nevada will also have a smaller slice of the pie if it has to compete with Canadian-licensed casinos – assuming its gaming legislation goes into effect.

The real loser, however, will be the offshore, fly-by-night casino operators. Regulated gambling, along with the accountability it brings, will put these companies out of business. What a shame.

Some people have argued that the Canadian government can’t and shouldn’t regulate the Internet. But the issue here is regulating an industry – the online casino business – rather than regulating the Net. The federal and provincial governments already regulate land-based casinos in Canada, and they should regulate online casinos as well.

Internet wagering is a rapidly growing, legitimate business, and it’s high time that the Canadian government capitalizes on that growth. So, Canada, wake up and take control of the online gambling industry by legalizing it – before the opportunity passes you by.…

Continue Reading...

SOL NOCTIS COINS AS THE FIRST COLLECTIBLE HYPIXEL SKYBLOCK MONEY

Latin for “Nighttime Sun,” Sol Noctis is the first series of real proof collectible coins denominated in bitcoins. The first coin of the series got the name of the Binary Eagle. It’s a pure silver coin of proof quality with a built-in 0.01 bitcoin (XBT) value that is set to attract coin collectors and bitcoin enthusiasts around the world.

The Binary Eagle is a silver collectible coin minted of 1 oz .999 pure silver in proof quality with the face value of .01 BTC. Bitcoin, the world’s first digital currency, was launched in 2009 as a peer-to-peer payment system that allows users to send and receive payment without credit cards or bank accounts. As bitcoin’s popularity has grown and its usage is constantly expanding beyond the limits of a payment system, it was soon spotted by collectors of modern coins.

The Binary Eagle was struck by the Mint of Poland, one of the leading manufacturers of coins and collector’s items in the world. The Binary Eagle coin design incorporates complex elements and security features that make it truly unique. Each coin is embellished with a majestic eagle, a symbol of the freedom the bitcoin technology provides.

Bitcoin value was attached to the coin by applying a sticker with bitcoin wallet keys printed on it, and protected by a holographic image. A special technique of E-Beam NanogramTM was applied to create a hologram with maximum protection against counterfeit. Thanks to it, four levels of security features are embossed into the holographic foil with a resolution of 550,000 dpi. A Private Key, which is needed to redeem the face value, is located under the coin’s protective holographic layer. It is automatically printed and is not stored by the manufacturing company, which means only the owner of the Sol Noctis coin has access to it and thus can realize the face. Learn more about HYPIXEL SKYBLOCK MONEY

value of the coin at any time. As a result, the world’s first collectible proof quality coin with detachable face value was produced. The total quantity of the coins minted will not exceed 2009 pieces.

“We created Sol Noctis to mark the point where two worlds meet: traditional numismatics and a payment system of the future, and so to push the limits of both of them. It’s a thrill to integrate such a unique and universal cryptocurrency into a high quality physical product. The Binary Eagle is the also the first official coin that is manufactured maintaining the highest standards of the reputable Mint,” said Danylo Knysh, general manager of TopWorldCoins GmbH.

Binary Eagle coins will be available for retail purchase at selected retailers starting from November/December 2014. More details at www.solnoctis.com…

Continue Reading...

Sg Online Casino mania sweeping South Africa

CAPE TOWN — Steven Kareka eagerly explains his quick-fix answer to a lifetime of poverty.

“I think I can win the lottery,” the unemployed 25-year-old says as he joins a long line of people waiting on a dusty sidewalk to buy lottery tickets at Ye-Ye’s Butchery in the working-class suburb of Langa.

In South Africa, with one-third unemployment and some workers earning the equivalent of $24 a month, many poor people view their chances of winning the lottery or hitting a jackpot in the country’s new casinos as better than those of getting a decent job.

Egged on by slick advertising campaigns, South Africans are expected to spend nearly $1 billion on gambling this year.

Under South Africa’s white apartheid rulers, gambling was banned in most of the country. South Africa’s few casinos were relegated to remote “homelands,” desolate regions ruled by puppet black governments where South Africa banished many of its blacks.

After the fall of apartheid in 1994, gambling laws were liberalized and the government decided to grant 40 casino licenses.

With 24 of those issued, casinos have sprung up in all the major cities. Now plans are in the works to issue licenses for 50,000 limited-payout slot machines.

South Africa’s gambling industry boasts it has created 15,000 jobs and invested more than $1.2 billion in new projects. This year it will pay more than $90 million in gaming taxes.

But politicians, who initially heralded legalized gambling, are having second thoughts, fearing it is making the poor even worse off.

“The practice in some of these Sg Online Casino is to pick up people from their residential areas in the evening, especially (retirees), and transport them to the casinos, so they can gamble away their meager savings,” said social-development Minister Zola Skweyiya.

Pawnshop owners near Cape Town’s huge GrandWest casino say their trade has soared, with housewives hocking household appliances for gambling money.

The lottery, which for 30 cents gives players a 1-in-14 million chance of winning a weekly jackpot of about $490,000, is regarded as even more of a problem by critics. Tickets are available at 7,000 outlets.

“It is easily available and appeals to the poorest of the poor,” said Rodger Meyer, treatment director for the National Responsible Gambling Program.

People have spent $410 million on the lottery since it began in March 2000.

Natasha Nkosi, 16, waiting outside Maggie’s takeout in Langa to buy six tickets for her mother, said it’s a waste.

“My mum is very poor,” she said. “She wants to win so she can buy a house for herself. Sometimes when she dreams the numbers, she uses the money (meant) for food.”

Meyer, at the gambling program, said there has been a steady rise in problem gambling. The program’s help line gets up to 500 calls a month.

The number of problem gamblers is proportionately higher than in developed countries, said professor Peter Collins, executive director of the National Center for the Study of Gambling at the University of Cape Town.

“For South Africans,” he said, “gambling is also a novelty, and one about which undereducated people are likely to have dangerous misconceptions — like gambling is a good investment.”

However, Meyer and Collins oppose outlawing gambling again. “If you prohibit it, you just create an underground economy,” Meyer said.…

Continue Reading...

1999 Gambling Study Commission

The National Gambling Impact Study Commission issued 76 recommendations in 1999. An update on some of them:

RECOMMENDATION: Outlaw betting on collegiate and amateur sports.

STATUS: House and Senate committees voted overwhelmingly last year to ban betting on college sports, legal only in Nevada, but the measure was not brought up for floor votes. This year, the Senate Commerce Committee approved the ban by only one vote. No floor vote has been scheduled.

RECOMMENDATION: Ban Internet gambling.

STATUS: A ban twice passed the Senate but was stalled in the House by questions about enforcement and exemptions. Meantime, Nevada is preparing to approve online gambling. MGM Mirage Chairman J. Terrence Lanni, whose company owns casinos in Nevada, supported a ban while serving on the commission but now favors regulating and taxing Internet gambling Togel Hongkong .

RECOMMENDATION: Restrict legal gambling to those 21 and older.

STATUS: In many states it remains legal for people as young as 18 to bet at race tracks or buy lottery tickets. Last year and again this year, the Senate Commerce Committee rejected a national minimum gambling age of 21.

RECOMMENDATION: Bar cash-dispensing machines from the immediate area where gambling occurs.

STATUS: Rep. John LaFalce, D-N.Y., proposed legislation to implement the recommendation, but it not received a hearing. Critics say the proposal, designed to outlaw cash machines from casino floors, would also exile them from convenience stores that sell lottery tickets.

RECOMMENDATION: States should require insurance companies to cover treatment for compulsive gambling.

STATUS: Keith Whyte, executive director of the National Council on Problem Gambling, said roughly 80 percent of insurers still routinely deny reimbursement for treatment. “No state laws, no state insurance commissioners, have addressed this,” he said.

RECOMMENDATION: Congress should ask the National Science Foundation to research the costs and benefits of all forms of gambling, legal and illegal.

STATUS: After a review, the NSF declined to pursue such research. Spokesman William Noxon said the prevailing view of experts was the proposed study was not practical, given its “tangential connection to NSF’s mission and the many other important areas of research needing attention.”

RECOMMENDATION: States should curtail the growth of new lottery games, reduce lottery advertising and limit locations for lottery machines.

STATUS: Minnesota Lottery Director George Anderson, past president of the North American Association of State and Provincial Lotteries, said states have not altered their lotteries in response to the report. Later this year South Carolina will become the 38th state with a lottery.

RECOMMENDATION: States should not allow any new casino-style gambling at horse tracks, dog tracks and jai-alai facilities.

STATUS: States continue to consider expanded gambling to subsidize purses at ailing tracks. West Virginia’s lottery commission this month approved 595 additional video slot machines at Mountaineer Race Track.

RECOMMENDATION: States should adopt restrictions on contributions to state and local campaigns by people or companies that operate gambling facilities.

STATUS: A Louisiana law banning political contributions by operators of video poker machines was struck down in 1999 as unconstitutional. But New Jersey, Nebraska and Michigan are among several states that still enforce campaign finance restrictions against the gambling industry.…

Continue Reading...

The man after our Togel Hari Ini casinos

He’s famously rude, notoriously crude, and you cross him at your peril. Yet he is also a visionary with an extraordinary imagination whose fantastical creations make William Randolph Hearst’s Xanadu seem small fry by comparison. They call him the Donald Trump of South Africa, but his explosive style is more akin to Bob Maxwell brawling his way through a Tarantino script.

Dogged for years by allegations of bribery, but simultaneously feted as the richest self-made man to have come out of South Africa, Sol Kerzner, 67, is more complex, more colourful, and has more edges to him than a Picasso painting.

Love him or loathe him – and there are few neutrals – Kerzner, the billionaire Togel Hari Ini casino-hotels tycoon, has, we now hear, entered the tightly held London casino market through the back door.

His Bahamas-based company, Kerzner International, has bought into the beleaguered London Clubs International (LCI) – one of Britain’s premier casino businesses that has recently fallen from grace – perfectly positioning himself to enter the soon-to-be-deregulated British gaming market.

Analysts expect that within two years the liberalisation proposed in the Budd Report on gaming deregulation will have passed through Parliament, and that it will quickly lead to a doubling of UK casino revenues, from its present £620 million to more than £1.2 billion.

In what is regarded by the City as an extremely canny move, instead of buying LCI shares, Kerzner snapped up $15 million (£9.6m) worth of loan notes in LCI, acquiring 30 per cent of the casino group’s bonds (long-term debts).

Since LCI got into financial trouble last year, mainly due to a disastrous investment in a Las Vegas casino that had to be written off, its market value has plummeted from £536 million in 1997 to just £25 million, and it is now bond-holders – like Kerzner – and not shareholders who control the destiny of the company. It would be highly out of character, leisure sector analysts add, for Kerzner not to follow up with a full-scale swoop for the entire company.

LCI, which has a debt mountain of £224 million on net assets of just £3 million, is widely regarded as a sitting duck. Its 12 casinos, including the upmarket 50 St James and Les Ambassadeurs in London, make it one of just four major companies that control the sector, the others being Stanley Leisure, Rank and Gala.

It is 13 years since Kerzner, creator of the notorious Sun City and Lost City resorts, left South Africa under a cloud of alleged bribery, transferring his focus to the Caribbean and the United States, where he now owns mega-casino hotels in the Bahamas, Connecticut and Atlantic City.

Each time he has sought to open a casino in a new territory, his controversial reputation has travelled before him and he has had to convince the local gaming board he is a person to be trusted. Each time he has eventually prevailed.

Now, as he contemplates his next move, British casino owners may well be wondering which Sol will turn up: the misunderstood genius with the Midas touch who some say has mellowed with the years, or the pugnacious, uncouth, roughhousing man-boy not shy to tell his fellow board members to buck up or “f*** off”.

As LCI’s directors may have already discovered, Kerzner’s boardroom manner is not exactly Savile Row. Wilf Rosenberg, who worked as the publicist on Kerzner’s team for Sun City boxing events in the Eighties – including a number of world heavyweight title fights, says of Kerzner: “The way he ran meetings was unique. He would keep us waiting, then swagger in dressed like a scruff, and kick off with the words, ‘What the f*** is going on?’

“Then the suits had to talk fast. Just the facts. He didn’t want to hear your excuses. Sol never suffered fools. Try and bulls*** him and he’d rip you apart. You’d be out on your ear. There were no second chances.”

His energy level was phenomenal, adds Rosenberg. “Up at 6am, he’d keep going until 2am, then end the day with a beautiful woman on his arm, a bottle of Scotch in his hand, and a gamble in his casino. The man never sleeps. He’s lived one of the fastest lives ever lived.

“To me he was a porcupine, spiky on the outside but soft and generous on the inside. Many people hated him but most were simply jealous. He was the kid from the Bronx who ended up in Bel-Air. If you did your job well for Sol, he would reward you beyond what the job was worth. He actually thrived on making people dislike him because he wanted to be seen as the tough guy. It goes back to who he was as a kid.”

Solomon Kerzner was born in Johannesburg on 23 August 1935, the youngest and only son of four children to Russian parents who had immigrated six years earlier. He grew up dirt-poor in the rough, poverty-stricken neighbourhood of Doornfontein, where, as one of only two Jewish boys in his class, Kerzner was regularly beaten up.

His answer was to enrol for boxing lessons, where he learned, in his own words, “to beat up all the boys who beat me up”. But Kerzner discovered his talent for boxing went beyond street fighting, and went on to became welterweight champion at the University of the Witwatersrand, where he studied accountancy, qualifying at the age of 26, and becoming a junior partner in a firm of chartered accountants.

His struggling parents, meanwhile, had relocated to Durban, where they ran a kosher boarding house called the Menorah Hotel. Kerzner used to help out and, inspired by the swanky new hotel franchises coming out of the United States, started to dream of opening a very different kind of establishment.

Within three years, at 29, Kerzner had borrowed money from clients to build South Africa’s first five-star hotel, the Beverly Hills. It went up on a deserted beach in a tiny fishing village to the north of Durban called Umhlanga Rocks. Even in that very first project, Kerzner’s leitmotif was evident: he saw potential where nobody else did; and then he built faster, bigger, better and more grandiose than anyone else.

Today, Umhlanga Rocks is a thriving resort on the balmy Indian Ocean. But, back then, there was no South African precedent, and so Kerzner based his initial design on crude pictures of Miami hotels he cut out from holiday brochures.

Within five years, Kerzner had started the Southern Sun Hotel franchise, the South African hotel chain that transformed the leisure sector in South Africa and grew to 31 hotels. But his big break came in 1979, when he built Sun City in the so-called independent homeland of Bophuthatswana, striking a deal – which would later be attacked as highly suspicious – with the then homeland leader, Lucas Mangope, for the exclusive gambling rights.

Sources in South Africa would subsequently allege that Mangope was in the pocket of Kerzner, pointing to the mysterious £1.8 million fortune he amassed before fleeing to his private mansion in Switzerland.

Whatever its murky origins, Sun City was nevertheless perfectly positioned – just a two-and-ahalfhour drive to the west of Johannesburg, and it became the favourite haunt of wealthy white South Africans who were otherwise prevented from gambling in Calvinistic, apartheid South Africa.

Later, on the same bushveld site, Kerzner built the even more flamboyant Lost City, creating an artificial rainforest replete with waterfalls, a beach, a sea with waves, a golf course with real crocodiles, and of course thousands of slot machines.

He held regular extravaganzas – including numerous world heavyweight title fights and Miss World contests – playing host to a long list of celebrities, from Frank Sinatra to Liza Minnelli An equally long list, however, viewed Sun City as an apartheid-enhancing, sanctionsbusting scheme, a sentiment famously voiced in a song lyrics: “I ain’t gonna play Sun City.”

Kerzner was reputed to be worth around £600 million but, as fast as his fortunes rose, so his private life unravelled. By the mid-Eighties, his third marriage – to blonde beauty Anneline Kriel, South Africa’s first Miss World – was on the rocks and dark rumours circulated Johannesburg as to just how stormy and violent the parting had been.

His five children all come from his first two marriages, though two of his children were left motherless when Shirley, his second wife, committed suicide in 1978.

In the midst of it all, to celebrate his 50th birthday in 1985, Kerzner chartered a Jumbo jet to fly 150 of his closest friends to Mauritius, where he also owned a brace of casino-hotels, replacing the air stewardesses with dancers who performed an in-flight striptease.

Meanwhile, his womanising, workaholic, alcoholic lifestyle was beginning to damage his health.

In 1989 Kerzner had a heart attack, and his doctor told him not to bother to come back until he had given up his 60 cigarettes a day, cut the booze, and somewhat reduced his daily intake of 20 cups of coffee and a dozen cups of tea.

“My cardiologist said ‘No cigarettes and three drinks maximum’,” said Kerzner. “I swapped my cigarettes for worry beads but he didn’t say how large each drink should be. I still get through half a bottle of Scotch in a night, maybe more, very easily.”

Kerzner would later hook up with Californian model Christina Estrada, becoming engaged to her on Valentine’s Day 1994 with a diamond ring so large she had to keep it in a bank vault. Her subsequent seven-year wait for tycoon Sol to say “I do” provided regular juicy copy for gossip columnists worldwide, especially when he finally dumped her for her best friend, New Yorker Heather Murphy, who at 33 is half Kerzner’s age. She was destined to become his fourth wife.

But by then he was immune to embarrassment. He had already endured the humiliation of being accused of bribery in the acquisition of exclusive casino rights, not just in Bophuthatswana but in the Transkei, another “homeland”.

Kerzner later admitted to paying £500,000 in cash to Transkei prime minister George Matanzima but, when accused in 1989 of giving a bribe, Kerzner insisted it was not a bribe but extortion on Matanzima’s part. Matanzima was jailed for nine years for accepting the money but Kerzner never returned to the Transkei to stand trial and got off scot-free.

Christo Nel, the Transkei attorney general, pursued Kerzner for eight years, compiling a 300-page dossier on the man and famously declaring: “I have an arrest warrant charging him with bribery, corruption, fraud and perjury. I’m not going to give up now, or ever, not until Sol Kerzner is brought to justice.”

But, as time passed, key witnesses – former policemen – disappeared or refused to give evidence, and the crucial middleman in the deal, admitted by Kerzner to be Ci Gouws, was killed in a car crash in the Nineties. Eventually Nel dropped the case. By then, Kerzner had long sold his interests in South Africa and turned his sights – and considerable war chest – on America.

Based in the Bahamas, he has set about building an international empire even more extravagant and fantastical than his South African one. His flagship is the hugely successful Atlantis on Paradise Island in the Bahamas, where his £1.4 billion casino-hotel is set amid the world’s biggest man-made aquarium, a water-slide marine park inhabited by 100,000 marine animals including piranhas, sharks and stingrays.

He also built the £200 million Mohegun Resort-Casino in Connecticut, owns the £300 million Resorts casino-hotel in Atlantic City, and has eight other beach resorts at exotic locations in Mauritius, Dubai and the Maldives.

Leisure sector analysts agree that, when change comes, the stuffy and highly regulated British casino market is ripe for the plucking. Kerzner, whose imagination has never let him down – and whose goal, he says, is to “continually blow away the customer” – could be the man to take it …

Continue Reading...

Best of Both Worlds Gather for American Ligaz888 Gaming & Lodging Summit

Keynote speeches, corporate presentations and powerful seminars highlight gaming’s most important conference.

    With one week to go before the debut of the American Gaming & Lodging Summit, conference organizers were confident that both industries would be well represented, both as speakers and attendees.

    Held at the Las Vegas Hilton, Dec. 8-10, the Summit will feature ten keynote speakers, who will address many of the issues that concern the leaders of the lodging and gaming industries. Taking the podium during the three day conference will be:

    o Sheldon Adelson, developer of The Venetian Casino Resort in Las Vegas;

    o Frank Fahrenkopf, president and CEO, American Gaming Association;

    o Arthur Goldberg, president of the gaming division, Hilton Hotels Inc.;

    o Bjorn Hansen, managing director of the lodging division of Coopers & Lybrand;

    o Robert Johnson, chairman, Black Entertainment Television; Paul Nussbaum, chairman of Patriot American;

    o Terry Lanni, chairman and CEO of MGM Grand Inc.,

    o Paul Nussbaum, chairman and CEO of Patriot American Hospitality Corp.;

    o Glenn Schaeffer, president and CFO of Circus Circus Enterprises Inc.,

    o Barry Sternlicht, Chairman and CEO, Starwood Lodging Trust; and

    o Sen. Robert Torricelli (D-N.J.).

    Corporate presentations, sponsored by Bear Stearns & Co., Inc. include chairman, presidents, CEOs and CFOs of many of the major companies in both the gaming and lodging industries.

    Just some of the Ligaz888 companies presenting will be American General Hospitality, Aztar Corporation, Boyd Gaming Corporation, Capstar Hotels, Carnival Corporation, Circus Circus Enterprises, Inc., Extended Stay America, Grand Casinos, Inc., Harrah’s Entertainment, Inc., Harveys Casino Resorts, Hilton Hotels Corporation, Host Marriott Corporation, Innkeepers USA Trust , International Game Technology, Marriott International Inc., MGM Grand, Inc., Mirage Resorts, Incorporated, Patriot American Hospitality, Planet Hollywood International, Primadonna Resorts, Inc., Prime Hospitality Corporation, Showboat, Inc., Silicon Gaming, Inc., Station Casinos, Inc., Sun International Hotels Limited, Sunburst Hospitality, Sunstone Hotel Investors, Trump Hotels & Casino Resorts, Inc., Vail Resorts, Inc., and Winston Hotels.

    A series of seminars presents some of the top experts in their fields, including Tadd Johnson, new chairman of the National Indian Gaming Commission; Hubert H. Humphrey III, Minnesota’s attorney general; Detroit Mayor Dennis Archer; Vincent Trudel, president of Casinos du Quebec; Gen. Paul Harvey, executive director of the Mississippi Gaming Commission; Frank Catania, director of the New Jersey Division of Gaming Enforcement; Dr. Howard Shaffer, director of the Division on Addictions, Harvard Medical School; and many more.

    For more information on attending the American Gaming & Lodging Summit ’97, call 1-800-559-2695 or visit the web site at http://www.casinocenter.com/expos/agls97/.

JULIANNE GENTILE NAMED QUAKE GUIDE AT THE MINING COMPANY

New York, New York, (November 24, 1997) — In a movement to rescue frustrated and isolated Web surfers who have been drowning in the clutter of the Internet, Julianne Gentile, of Cleveland, Ohio, has joined The Mining Company as the Focus on Quake Guide. Julianne was hand-picked to be a Guide for her expertise, passion, and personality. She joins the hundreds of other Guides all over the world also working with The Mining Company.

As the Quake Guide at The Mining Company, Julianne is responsible for mining the Web for the gaming “gems” — the most relevant and timely information, valuable links, and lively conversations — and presenting them in a clear, concise way at the site — http://quake.miningco.com.

“We are taking the Net back from the mechanical, chaotic and frustrating place it has become,” said Scott Kurnit, founder of The Mining Company. We’re putting real people back in charge of the Net.” “People will no longer feel lost and frustrated by the unorganized mass of information on the Web.”

Guides Do The Research, So You Don’t Have To

Guides, who are the heart and soul of The Mining Company, mine the Web for the most relevant and timely information, sorting through other Internet Web sites, discussion groups, and chat areas to find the most valuable links and lively conversations. They present these “gems” in a clear and concise way, continually highlight the pages that are noteworthy, and sift out information that is dated, wrong, or boring.

Guides are individuals from all over the globe with a passion for a topic who have the skills to use the Internet to share that real-life passion with other people around the world. Guides have intimate knowledge of their subject matter — either through formal training or life experience. Guides at The Mining Company are real people ranging from medical doctors and journalists to soap-opera fans and graphic designers.

Guides offer unique perspectives on their topics through clear and engaging regular features. They also initiate timely discussions with visitors to their site, keep abreast of important developments in their fields, and conduct special events.

No Wonder People Are Frustrated!

The World Wide Web is an amazing resource, yet many users find it increasingly frustrating. That’s no surprise. Forrester Research now estimates there are more than 75 million pages of material on the Web. The Internet Archive, a non-profit group, says that in the two-and-a-half month period ending in mid-February, the Web doubled in size. The Web now has two-thirds the information included in all the books in a public branch library. But unlike a library, there’s no card catalogue, and the “books” aren’t shelved in any logical order.

“If you search for pediatrics at a popular search engine, you receive 24,174 documents,” said Kurnit. “Visit the pediatrics site at The Mining Company at http://pediatrics.miningco.com and you’ll be greeted by Guide Dr. Warren Silberstein, a pediatrician who has already gone out and found the most relevant links and areas that you’ll need.”

The Mining Company is a division of General Internet Inc. The Mining Company’s goal is to rescue frustrated consumers by offering a network of people-powered, special-interest sites with a consistent “look and feel,” and to meet the needs and amplify the talents of independent Web producers throughout the world. The Mining Company, headquartered one block from the United Nations in New York City, was founded by Scott Kurnit and a team of experienced Internet professionals. You can find us on the Web at http://www.miningco.com or via email at reachus@miningco.com. General Internet Inc. can be found at http://www.generalinternet.com.…

Continue Reading...