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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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การเปิด City of Dreams ในทะเลเมดิเตอร์เรเนียนล่าช้าไปจนถึงปี 2565


เผยแพร่เมื่อ: กุมภาพันธ์ 15, 2021, 10:16 น. ปรับปรุงล่าสุด: 15 ก.พ. 2564 10:37 น. การเปิด City of Dreams Mediterranean ถูกเลื่อนออกไปจนถึงปี 2565 เนื่องจากผลกระทบจากการก่อสร้างที่เกิดจาก COVID-19 การก่อสร้างยังคงดำเนินต่อไปที่ City of Dreams Mediterranean ภาพนี้ตั้งแต่เดือนมกราคม 2564 แสดงสถานะของโครงการ COVID-19 ชะลอการเปิดรีสอร์ทตามแผนตั้งแต่ปลายปี 2564 เป็นไตรมาสที่ 3 ของปี 2565 (ภาพ: City of Dreams Mediterranean) เตรียมจะกลายเป็นรีสอร์ทคาสิโนที่ใหญ่ที่สุดในยุโรป Financial Mirror รายงานว่า บริษัท แม่ของ City of Dreams Mediterranean Melco รีสอร์ทได้รับการยืนยันเมื่อสัปดาห์ที่แล้ว Phidias Pilides รองประธานของ Cyprus Gaming and Supervision Commission ได้แจ้งต่อรัฐสภาไซปรัสว่าคาสิโนมีเป้าหมายในไตรมาสที่สามของปี 2565 สำหรับการเริ่มต้น การพัฒนา 550 ยูโร (667 ล้านดอลลาร์) เดิมมีกำหนดเปิดให้บริการในปลายปีนี้ Pilides เปิดเผยว่า Melco Resorts กำลังประสบกับความล่าช้าของห่วงโซ่อุปทานที่เกิดจากไวรัสโคโรนา เป็นผลให้การก่อสร้างดำเนินไปในอัตราที่ช้าลงมาก Cyprus Gaming Recovery แม้จะมีการปฏิเสธ City of Dreams ในการต้อนรับแขกที่มาเยือนไซปรัส Melco บอกกับเจ้าหน้าที่ของประเทศหมู่เกาะเมดิเตอร์เรเนียนว่าปี 2564 จะยังคงเป็นปีที่ดีสำหรับอุตสาหกรรมการท่องเที่ยวและเกม ในขณะที่มีการสร้างรีสอร์ทคาสิโนแบบบูรณาการมากกว่าครึ่งหนึ่งพันล้านดอลลาร์ Melco ได้เปิดคาสิโนผ่านดาวเทียมชั่วคราวในลีมาซอลรวมถึงสถานที่เล่นเกมผ่านดาวเทียมในนิโคเซียลาร์นากาปาโฟสและเอเยียนาปา ใบอนุญาตการพนันของ Melco สำหรับ City of Dreams มีอายุ 30 ปีและรวมถึงการผูกขาดการพนันในช่วง 15 ปีแรก ใบอนุญาตเริ่มต้นในปี 2560: แม้ว่า COVID-19 จะทำลายรายได้จากการเล่นเกมขั้นต้น (GGRs) ในคาสิโนในปี 2020 เนื่องจากพวกเขาถูกบังคับให้ปิดการดำเนินการตามคำสั่งซื้อจากรัฐบาล แต่ Melco คาดว่าการเล่นเกมจะกลับมาดำเนินการได้อย่างรวดเร็ว คาสิโนที่เปิดใหม่บางส่วน เราได้เห็นความต้องการเกมภายในที่กลับมาอย่างรวดเร็วซึ่งทำให้รายได้จากการเล่นเกมในไตรมาสที่สามของเรากลับมาอยู่ที่ประมาณ 75 เปอร์เซ็นต์ของระดับปีที่แล้ว “Lawrence Ho ซีอีโอของ Melco กล่าวในการโทรครั้งสุดท้ายของนักลงทุนของ บริษัท การฟื้นตัวและการเติบโตที่เร็วขึ้น ในกลุ่มเกมระดับพรีเมียม” นายโฮกล่าวเสริม ไซปรัสว่าจ้าง Spree ComingMelco Resorts กล่าวว่าภายในสิ้นปี 2564 จะจ้างพนักงานคาสิโนประมาณ 1,400 คนในดาวเทียมสี่ดวงและคาสิโน Limassol ชั่วคราว และในปีหน้า บริษัท จะจ้างงานเพิ่มอีกหลายพันรายเนื่องจาก City of Dreams Mediterranean ใกล้แล้วเสร็จ คาสิโนรีสอร์ทแบบบูรณาการจะมีคาสิโนประมาณ 81,000 ตารางฟุตซึ่งมีเครื่องสล็อต 1,000 เครื่องและเกมโต๊ะ 100 เกม สิ่งอำนวยความสะดวกนี้จะนำเสนอโรงแรมระดับห้าดาวที่มีห้องพัก 500 ห้องร้านอาหาร 11 แห่งร้านค้าปลีกสปาและศูนย์สุขภาพอัฒจันทร์กลางแจ้งและพื้นที่สำหรับการประชุมและกิจกรรมต่างๆ Melco ซึ่งตั้งอยู่ในฮ่องกงเป็นเจ้าของและดำเนินการ City of Dreams และ Studio City of Macau รวมถึง City of Dreams Manila ในฟิลิปปินส์ สิ่งที่ดึงดูดไซปรัสคืออัตราภาษีที่รัฐบาลเสนอให้ Melco จากรายได้จากการเล่นเกมขั้นต้น (GGR) City of Dreams Mediterranean เช่นเดียวกับคุณสมบัติการเล่นเกมที่มีขนาดเล็กกว่า 5 แห่งในปัจจุบันจ่ายภาษี 10% สำหรับเงินที่ชนะคาสิโน จากการเปรียบเทียบคาสิโนมาเก๊าแบ่ง 35% ของเงินรางวัลเกมสล็อตและเกมโต๊ะกับรัฐบาลท้องถิ่น ในฟิลิปปินส์คาสิโนบนบกจะถูกเก็บภาษี 25% สำหรับการเล่นเกมจำนวนมากและ 15% สำหรับเกมวีไอพี

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Posted in Commercial Gaming, Coronavirus | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

How Brain Training Software Helping with Online Poker Games?

Online poker games are popular nowadays. The option gives you a chance to play the game from anywhere, anytime, and win unlimited cash. With the invention of smartphones, tablets, and laptops, poker is no more confined within the boundaries of casinos.  

Although to play poker you need a well build up mind, however, some group of smart people has conjured up different programs that help in playing poker games online. The programs have been tested and seen that on the brighter side the programs allow to brush up the mathematical skills as well.  

Here are some of them that can help you win a poker tournament without much hassle. 

Brain age: Concentration 

This is an original brain training app and it is highly related to Lumosity in many ways. This program was smartly designed by Kawashima who is a neuroscientist. The major aim of this program is to train your brain to be younger by making it think like a younger individual. Using this program in a repetitive mode will surely increase your memory skills and also your concentration skills as well. For winning in real money poker, having a high concentration is the key. In case you’re unable to develop the same, then this program will be a helpful option for the same.  

PokerTracker 4 

For serious poker professionals, PokerTracker 4 is the best option. Many professionals have successfully won thousands and millions after using this program. What makes this program different from the others? It’s the amount of information about the opponents that you will guaranteed get from this program. Unlike casinos, in online poker tables, knowing the least amount of information about the opponent will help you win the match easily. Obviously bluffing is absolutely not an option in online poker. Hence, understanding the psychology of the opponent player gets difficult as the game proceeds.  

Lumosity 

This is a brain-training app and you’ll find millions of users of this software. Since the UI is very simple, hence even the novice players can relate to this software. Free version of the program is available for android, iOS and PC users. By installing this program, you can easily focus on developing the memory, critical thinking ability and adapts easily to any type of poker games online. Indeed, a good way to increase your intelligence as well!  

Cognifit 

This is popular program developed by a healthcare company. Although the features are similar to that of Lumosity, however here’s another incredible feature that is loved by all poker online players. Not only for poker, but also you can use this program to successfully revive the brains of adults in care centers. Undoubtedly a great invention and why is it so because the same helps in development of the brain cells. Use it and become more intelligent than others.  

Although you easily use these programs to become a brainer, however, there’s no alternative to natural meditation alternatives. Keep practicing your poker tournament games, keep meditating and improve your brainpower and become a true winner in online poker India.  

Happy Playing !!

Read More:

Interesting Facts About A Poker Dealer

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Posted in best online poker, Best Online Poker Sites, best poker online, Best Poker Sites, best poker sites in india, How To Play Poker, online poker, Online Poker Games, Online Poker India, Online Poker Real Money, Online Poker Sites, Online Poker Tournaments, Play Poker Online, Poker Games Online, Poker Online, poker online India, poker real money, poker sites in india, poker tournament, Poker Tournaments, Real Money Poker, real poker India | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

This Week in Poker Podcasts

Poker Fraud Alert Radio – 02/12/2021 – The Terrence and Mike Twitter Show

(Topic begins at 0:24:28 mark): The Heads Up Undercard – Landon Tice versus Bill Perkins…. (0:49:12): Terrence Chan, Mike McDonald get into Twitter battle over Pokershares bet on Tice/Perkins match…. (2:12:28): Update: Fired Bellagio dealer “Patches” lands on his feet, gets new job…. (2:25:10)

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Ep 246 – Forum On Monotone Flops (@FiveByFive)

This week, Jim Reid leads the panel through a forum post by our own @FiveByFive! While battling it out against each other in the nightly home game, the panel looks at five different types of hands we might find ourselves with in the big blind when we see a monotone flop and it checks through to the turn.

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Ep 245 – REC Room: HUD and Hand Review – Jim and Matt

Once a month a Premium member goes one-on-one with a member of the RECing Crew to break down a hand, talk strategy, or discuss how to otherwise get the most out of their poker experience! Email [email protected] if there’s a member of the RECing Crew that YOU’D like to connect with, and we’ll try to match you up! In this episode, we come back to part two of Jim and Matt in the REC Room, looking at the RecPoker HUD and reviewing some hands in PokerTracker4. We talk about HUDs at the beginning so the video version of this podcast will be more informative than the audio version – Sign up for a free Community account at rec.poker to watch the video versions of all our podcasts – and a lot more!

View the complete archives of Rec Poker Podcast in the directory →

February 12th, 2021 – Heads-Up Battles, Betting Controversies and Strategy

On this episode of the Tournament Poker Edge Podcast, Clayton wraps up the heads up battle between Daniel and Doug, discusses the betting controversy between Timex and Terrence Chan, answers a viewer tweet and of course gets in to some strategy.

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Ep 245 – REC Room HUD And Hand Review – Jim And Matt

Once a month a Premium member goes one-on-one with a member of the RECing Crew to break down a hand, talk strategy, or discuss how to otherwise get the most out of their poker experience!

View the complete archives of Rec Poker Podcast in the directory →

#117 Greg Vail: Red Chip Poker Coach and Author of SCOOP! Winning High Low Concepts for the Hold’em Mind

Today’s guest on the Chasing Poker Greatness podcast is the author of SCOOP! Winning High Low Concepts for the Hold’em Mind volumes 1, 2, & 3 Greg Vail.Greg’s a Red Chip Poker Coach and cash game pro who specializes in the world of Big O and Omaha Hi-Lo.Greg’s poker career is split into two acts: The first act was from 2005-2010.

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PokerNews Podcast: Doug Polk Discusses Win Against Negreanu; Interview w/ Scott Stewart

On the latest episode of the PokerNews Podcast, Sarah Herring, Chad Holloway, and Jeff Platt bring you all the latest news and highlights from the poker world. That includes talking to guest Doug Polk about defeating Daniel Negreanu in their highly-publicized heads-up duel. He shares thoughts on Negreanu’s play and tanking, explains some side action and coaching details, offers a take on how he sees himself as a HUNL player in today’s poker world, and tells listeners what’s next for him. In addition, they interview five-time WSOP Circuit ring winner Scott Stewart about his recent win in the bestbet Jacksonville Winter Open $2,000 Main Event, good for $177,817. Toss in stories about GGPoker applying for a Pennsylvania license, Twitter PokerShares drama between Terrence Chan and Mike “Timex” McDonald, Johnny Oshana winning the MSPT Poker Bowl V, and Sami Kelopuro taking down a hattrick of big buy-in online events in a single day, and it’s another great show of the PokerNews Podcast.

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GPInterview – Matt Salsberg – Episode 4 – GPITHM Poker Podcast Network

On today’s pod, we welcome Matt Salsberg for his GPInterview. Matt reveals some very personal news on a recent health issue, reminisces about his WPT poker successes so far on the circuit and talks about life as a Hollywood writer and producer.

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Should The Elite Pro Call It Off Heads Up?

Manig Loeser faces an all-in overbet in a big time online tournament. If he calls and wins he takes it down – how should he proceed?

FLOP: 2d Kd Js TURN: Qs RIVER: 5c

Loeser: Qd 9h Smyth: 2c 2s

For access to exclusive Poker Guys freerolls and other tournaments on Nitrogen Sports Poker Room, use this link to sign up: www.nitrogensports.eu/r/632610

***Our Book is NOW AVAILABLE! Get “How Can He Fold???” here: www.thepokerguys.net

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136 – Peter Clarke – The Philosophy of Poker

Whether you’re a seasoned player or just getting started, your biggest leaks at the table come from emotional decision making. Do you bring awareness and intention to every hand? Or do you make automatic plays based on your subconscious habits? Know the science. Know the numbers. Balance with logic. And catch yourself before you punt off your stack again! Your emotional leaks could be holding you back and costing your bankroll over time… In this episode, Peter Clarke, long-time online cash game coach and author of Poker Therapy, shares how he stays ahead of the game—by taking a philosophical and rational approach to solver GTO strategy. Click play to learn more! Click here to get the full show notes and resources from this week’s episode  

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Doug Polk Joins the Show To Discuss Beating Negreanu for $1.2 Million

Lance Bradley and Donnie Peters return for a new episode of The Fives Poker Podcast, and this time the two are joined by a very special guest. Doug Polk stops by to discuss his challenge with Daniel Negreanu, winning $1.2 million, and what’s next for him.

View the complete archives of The Fives Poker Podcast in the directory →

CardsChat with Eli Elezra

On episode #24 of the CardsChat podcast we have the pleasure of welcoming Eli Elezra. A 4x WSOP bracelet winner and WPT title winner, Eli is best known as a high stakes cash game player and TV poker personality over the last three decades. Away from the felt, Eli has led a legendary life growing up in Israel and serving in the IDF’s Golani Brigade, and has had incredible adventures on fishing boats and driving taxis in Alaska before moving to Las Vegas. On this episode, we’ll get to know Eli Elezra the family man, the businessman, and the poker legend a little better.

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#116 Kenny Hallaert: Belgian Crusher with over $11mil in career earnings, including 2016 WSOP ME Final Table

Kenny (SpaceyFCB) Hallaert has cashed for over $10 million in his live and online poker careers combined.Even though he has yet to take down the elusive major live tournament, it’s easy to say he’s seen way more than his fair share of success on the green felt.

View the complete archives of Chasing Poker Greatness in the directory →

Effective Poker Study

The best way you can gain a competitive advantage over your opponents is to improve your studying. James and Chris give their take on what effective study in poker looks like. They discuss how to make studying more enjoyable, and how to make goals for your study sessions.

View the complete archives of Red Chip Poker in the directory →

Tactical Tuesday #13: Facing an Exotic Line with an Overpair & Maximizing Profit vs. Fishies

Tactical Tuesday goes back to its roots on this week’s episode with a pair of hand breakdowns brought to you by Coach Brad and his student Jon. The first hand comes from a recent $5/$10 session on Ignition where Jon faces an unexpected turn donk in a 3bet pot. The second hand is one posted in the hand history review section of Greatness Village by one of Coach Thomas’ students. If you’d like to potentially get one of your hands reviewed by Coach Brad on Tactical Tuesday sign up for the VIP Newsletter at: https://chasingpokergreatness.com/VIP Going VIP will also get you access to Poker Power Hour, a weekly group coaching session hosted by the coaches of Greatness Village.

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The Bernard Lee Poker Show 02-09-21 with Guest Ronnie Bardah

2012 WSOP Bracelet Winner Ronnie Bardah joins Bernard Lee. 

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First Flag – David Lappin – Episode 13- GPITHM Podcast Network

Roland is joined by Unibet Ambassador David Lappin on today’s First Flag. The GPI Global Poker Award winner talks about the Dutch flag he captured in 2007 and reveals which flag remains the most important one he’s collected in his career.

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Ep 244 – Ryan Laplante And Playing Live Again

Ryan Laplante joins us from his training site Learn Pro Poker to talk about playing live again in the pandemic era, what kind of tells he looks for in villains, and we go over a hand where Ryan soul-reads a foe to make a killer river call!

View the complete archives of Rec Poker Podcast in the directory →

98. Henry Lister on GTO vs Exploitative

Run it Once pro and high stakes poker player Henry Lister shares his thoughts on how GTO and exploitative play are related before going into how poker has made him the best version of himself.

View the complete archives of Carrot Poker in the directory →

The Chip Race – Season 14 Episode 4 – Ana Marquez Ryan Fee Martin Jacobson Roland Boothby

What a show we have for you this week as we welcome high stakes crusher and Upswing Poker founder Ryan Fee. We sit down with one of Spain’s greatest ever players, online and live beast Ana Marquez. We’ve got strategy with a WSOP MAIN EVENT champion as Martin Jacobson talks is through his most controversial ever spot, a hand versus Doug Polk from the ‘One Drop’ final table. Roland Boothby is here to discuss the GPI/THM’s new podcast network, including his new show ‘First Flag’. We’ve also got a news and results round-up from Ian Simpson.

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244 – Steve and Daniel

Daniel’s day started in an unexpected way, with a call from a previous intimate acquaintance who asked for an out-of-the-ordinary favor. However perplexing that was, it did not stop Daniel from bringing his positive vibes and knowledge to join Steve in discussing more about stock trading, upcoming guests on the show, and Peruvian plant-induced spiritual experiences. You can get in touch with Steve Barton on Twitter here!

View the complete archives of Heads Up Poker Podcast in the directory →

SHORT STACK Crash Course | A Little Coffee with Jonathan Little

One of the many leaks that I see in poker players is not having the ability to adapt their strategy relative to their stack size. Many players will play the same way regardless of how many big blinds they have. ⁣ ⁣ It is vital that you are constantly changing your ranges depending on not …
SHORT STACK Crash Course | A Little Coffee with Jonathan Little Read More »The post SHORT STACK Crash Course | A Little Coffee with Jonathan Little first appeared on Jonathan Little.

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Did This Guy Make A Mistake By Moving In Against Ike Haxton?

It’s the final table of a big time online tourney, and Ike Haxton is in the mix. Is his opponent making a mistake against the poker wizard?

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Episode 94 – Tournament Poker Bankroll Management and a Cashout Strategy

Welcome to Episode 94! MTT Coach Gareth James and Peak Performance Mindset Coach & Educator Dr. Tricia Cardner are back discussing all things poker strategy & mindset. After catching up on our latest activities, we turned to answering a bankroll question sent in by Kim who wants to hear our current thoughts on using a cash-out strategy while maintaining one’s roll. T

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Sheldon Adelson: How the Legend Affected Poker and Intertops Login


Sheldon Adelson, an American businessman – and billionaire – died on January 11, 2021. At the age of 87, he lost his battle with cancer, after almost two years of treatments. And while Adelson owned many businesses, he will be mostly remembered for his involvement in the gambling industry.Over the years, the casino mogul took live gambling to an entirely new level. However, it was clear he wasn’t a big fan of online poker. How did this tycoon influence the industry? And what could he possibly have said to influence Intertops login options and online betting in general? Let’s take a closer look at the man’s history and involvement with poker.Adelson’s Career and Early LifeSheldon Gary Adelson was born in 1933 in Boston, and from a young age, it was clear he had an eye for business. At the age of 12, he began selling newspapers, which turned into a passion of his further down the line.After serving in the US Army, Adelson started various businesses, some more successful than others. He tried his luck in travel, hotel toiletries, and mortgage banking. But his first major success came when he helped build the Interface Group with several partners, launching the highly successful COMDEX. Soon enough, the technology trade show became one of the largest in the field, and Adelson helped run it smoothly till it was sold in 1995.His next project included venturing into the gambling industry, and in 1999, he opened the Venetian Resort Hotel Casino. Slowly but surely, it turned into a highly popular gambling resort. Later on, Adelson had the chance to expand his businesses in Macau, which is a beloved gambling destination for travelers. One casino turned into two, then three, and before he knew it – Adelson was in charge of a billion-dollar empire.In September 2020, Adelson was listed by Forbes as the 28th richest person in the world, with a net worth of $33.8 billion. A big chunk of that came from his share in the gambling empire, which was worth approximately $14 billion at the time of his death.Adelson’s Influence on Online PokerWhile Adelson opened many land-based casinos both in the US and abroad, he wasn’t a big supporter of online gambling. In fact, when the DOJ announced the Wire Act didn’t apply to online betting (under Obama’s administrations), the casino mogul did his best to fight that decision.He founded the Coalition to Stop Internet Gambling, trying to promote the Restoration of America’s Wire Act (RAWA) with little success. Later on, he supported multiple Republican presidential candidates, which were more likely to adopt his views on online betting.After spending a lot of money on the issue, he got some support from Trump’s administration, as the DOJ went back to its original stance on the Wire Act a few years ago.But while his campaigns against online gambling left a lot of players disheartened by his actions, there is no ignoring all the good things he did. According to the Las Vegas Review-Journal, Adelson donated millions of dollars to multiple causes. He supported wounded soldiers and contributed a lot to the fight against drug addiction – matters that were close to his heart.In ConclusionEven though Adelson campaigned against online gambling, he still deserves respect for all he was able to achieve in his life.

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Casino REITs Beacons of Stability in Real Estate Sector


Posted on: February 15, 2021, 12:12h. 
Last updated on: February 15, 2021, 12:12h.
Last year, the real estate sector languished as hotel and office real estate investment trusts (REITs) were punished at the hands of the coronavirus pandemic. Surprisingly, gaming landlords proved sturdy despite multi-month casino closures.
MGM Grand Las Vegas. An asset manager is bullish on owner MGP and other gaming REITs. (Image: Bloomberg)The three publicly traded casino REITs — Gaming & Leisure Properties (NASDAQ:GLPI), MGM Growth Properties (NYSE:MGP) and VICI Properties (NYSE:VICI) — offer a compelling business model and strong dividend yields at a time when interest rates are at historic lows.Unlike hotel REITs, casino REITs typically own properties under a long-term, triple-net master lease structure, leaving most of the financial and operational risk to their tenants — the casino operators,” according to Hoya Capital research. “Owing to this lease structure, rent collection and occupancy rates have remained essentially spotless throughout the pandemic.”Owing to capital markets being open to gaming companies during the darkest days of the pandemic, GLPI, MGP and VICI encountered little difficulty in collecting rent. There were occasions when the real estate companies — thanks to their own sturdy positions — worked with clients on financing, but no foreclosures arrived.With Casino REITs Selectivity MattersWhile GLPI, MGP and VICI operate in the same realm, the companies are not carbon copies of each other. Pennsylvania-based GLPI prefers to maintain a portfolio comprised largely of regional casinos. To that end, it’s looking to unload one of its few Nevada properties — the Tropicana Las Vegas.Conversely, the bulk of MGP’s revenue is derived from the Strip. There, it either completely controls or partially owns the real estate assets of all of MGM Resorts International’s venues except the Bellagio. For its part, VICI depends on Sin City for less than a third of rental income although it owns the property of Caesars Palace.“Selectivity is critical, and we prefer the ‘destination’ casinos and tenant operators with a solid foothold into the online gaming ecosystem,” said Hoya Capital.While the firm views online gaming and sports betting as a potential long-term headwinds for land-based casinos, it sees near- to medium-term benefits because those iGaming and sports wagering will support profitability and tenants’ ability to pay rent.The REITs’ major clients — Caesars Entertainment, MGM and Penn National Gaming — are among the major players in both internet casinos and mobile sports betting.Tradition of Out-PerformanceIn financial markets, history doesn’t always repeat, but it often rhymes. That’s relevant for the likes of GLPI, MGM Growth and VICI because their performances are often correlated and the trio has a history of beating broader REIT benchmarks.“Through the end of 2020, Casino REITs have outperformed the broader REIT index in four of the past five years,” said Hoya Capital. “Since the start of 2015, the casino REIT sector as a whole has produced an annualized total return of 14.5 percent, outperforming the 6.5 percent annualized total return on the Equity REIT Index.”Even with that, GLPI, MGP and VICI are more attractively valued than the broader real estate sector. The casino REITs trade at 13.7x funds from operations (FFO), well below the ratio of 21.1x for the average REIT.

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Ex-Broker Arrested for Taking $411K from Clients, Some Money Went to Casinos


Posted on: February 14, 2021, 10:02h. 
Last updated on: February 14, 2021, 10:07h.

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Read MoreA debarred investment broker is out on bail after federal authorities charged him with stealing more than $400,000 from clients to pay personal debts, including money he owed casinos.
A former Long Island investment broker has been charged with stealing more than $400,000 from clients. Federal prosecutors said Apostolos Pitsironis used part if the money to pay off casino debts. (Image: Shutterstock)Apostolos Pitsironis, 52, faces up to 20 years in prison, according to a release from the US Attorney’s Office for the Eastern District of New York. FBI agents arrested him Wednesday in Dix Hills on Long Island. He made his initial court appearance that same day.According to a complaint filed Tuesday by FBI Special Agent Rachel Cartwright, Pitsironis served as an advisor to an unnamed married couple for 10 years beginning in 2009. After he switched firms late in 2018, the couple moved their accounts to his new firm so he could continue to manage them.A January 2019 announcement in Newsday showed Janney Montgomery Scott LLC hired Pitsironis to be its first vice president located at its Melville office. Previously, he worked as a branch manager for Wells Fargo.Around that same time, authorities claim Pitsironis asked his clients for a $200,000 loan. They turned down his request.Nearly six months later, between May 2, 2019, and June 11, 2019, they allege he made 22 wire transfers from the victims’ accounts to one he and his wife controlled. In making the transfers, Pitsironis falsely said he received verbal approval to make the transfers.Financial advisors have a significant responsibility to appropriately manage the life savings of those who put their faith in them. Anyone who falls short on this front by engaging in illegal practices should, and will, be held accountable to the fullest extent of the law,” stated FBI Assistant Director-in-Charge William F. Sweeney, Jr. in a statement.Court records show Pitsironis posted the $200,000 bond on Wednesday.More Than $60,000 Went to CasinosCartwright claimed Pitsironis spent at least $62,402 at three casinos. He sent $40,502 to an unnamed Atlantic City casino, and then another $15,000 to a second casino in the New Jersey town.He also sent $2,000 to an unnamed casino in south Florida. Records indicate he also made more than $2,000 in payments toward a car and more than $1,700 to a landscaper.Pitsironis also allegedly made withdrawals totaling $18,600. That included a $4,900 disbursement at an ATM at the first unnamed Atlantic City casino.The funds became frozen about a week after the last transfers.“As alleged, the defendant stole hundreds of thousands of dollars from investors to pay his personal debts, violating the trust they had placed in him to manage their money safely and honestly,” Acting US Attorney Seth D. DuCharme said in a statement. “This Office is committed to protecting the investing public from corrupt financial advisors like the defendant who put greed before their clients’ best interests.”Bilking investors to pay off gambling debts or support a habit is not a new trend. Authorities have prosecuted several for operating Ponzi schemes to bankroll gaming sprees.Sports radio personality Craig Carton received a 42-month federal sentence after using $5.6 million of investors’ money meant for a ticket-reselling business to fuel a gambling habit. After serving about a year in prison, he is currently on home incarceration.Authority Banned Broker After CompliantThe Financial Industry Regulatory Authority (FINRA) serves as a private regulatory authority over securities businesses. Its origins date back more than 80 years.FINRA’s BrokerCheck indicated a client filed a complaint on June 17, 2019, that Pitsironis transferred $411,000 out of their account without permission. The record indicates Janney Montgomery Scott settled the case in full.On June 19, records show that the firm terminated him after conducting its own review.On Sept. 9, 2019, the organization announced it barred Pitsironis from “associating with any FINRA member firm” in any position. In the ruling, FINRA stated Pitsironis accepted it “without admitting or denying” the accusations.From Sept. 6, 2019, to Feb. 26, 2020, six more clients filed disputes. All indicate the client loaned Pitsironis money, but he either was slow in repaying or did not pay at all. In some cases, funds came from clients’ individual retirement accounts and faced tax penalties without a timely repayment.Those six cases claimed damages totaling nearly $434,000. BrokerCheck says all parties settled the cases for nearly $370,000 combined.

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Okada Manila Operator on SPAC Search to Gain Nasdaq or NYSE Listing


Posted on: February 14, 2021, 07:16h. 
Last updated on: February 14, 2021, 07:16h.
Universal Entertainment Group is looking for a US-based special purpose acquisition company (SPAC) to partner with to list the Okada Manila integrated resort business on the Nasdaq or New York Stock Exchange (NYSE).
The Okada Manila integrated resort. The operator is looking for a SPAC partner to list the business in the US. (Image: Forbes)The Japanese company declared its intentions to work with a blank-check entity with an eye toward a listing on a US bourse in a note to investors last week. Universal’s integrated resort operation consists solely of the venue in the Philippine capitol city.The Company has already executed advisory agreements with multiple financial advisory firms in Japan and the US in order to prepare for the listing of its IR Business … and is currently engaged in the selection of a SPAC, the investigation of aspects involving the law and tax systems, the revision of the capital structure of the Company Group as a whole, with the aim of listing the business sometime in fiscal 2021,” according to the investor letter.Universal Entertainment started partial operations at Okada Manila in December 2016, noting that over time, growth is steady. As is the case with gaming properties around the world, the venue was hampered by the coronavirus pandemic, but the Japanese company said it deployed a variety of cost-cutting measures to bolster earnings — many of which are expected to remain permanent.Let SPAC Speculation CommenceAfter 244 blank-check companies raised $78.2 billion via initial public offerings last year, another 134 billion raised $39 billion (as of Feb. 12) to start 2021.In other words, there are hundreds of SPACs currently trading that do not yet have merger partners. That group includes dozens that previously declared intentions to focus on gaming assets. Blank-check companies have two years to strike deals or face forced liquidation in which capital is returned to shareholders.In the investor letter, Universal Entertainment doesn’t reveal the identities of specific SPACs it’s in talks with, but the gaming company makes clear it views this an efficient avenue to list its equity on one of the major US exchanges.“In view of this situation, [and] having positioned its IR Business as the core business of the Company Group, the Company recently arrived at the decision to pursue a detailed examination of the listing of that business on either the US NASDAQ Stock Exchange or the New York Stock Exchange with the aim of realizing the further expansion of that business and greater corporate group value,” according to the letter.SPAC Fever Permeates Gaming Sector…AgainNot even two months into 2021 and there are already there are already multiple blank-check deals notched with gaming companies, including Golden Nugget operator Fertitta Entertainment with FAST Acquisition (NYSE:FST) and Acies Acquisition Corp. (NASDAQ:ACAC) with Playstudios. That follows three gaming firms that went public last December following SPAC mergers.That group doesn’t include some new public entities born out of blank-check transactions that aren’t dedicated gaming companies, but have some or are looking to gain exposure to the industry.As for SPACs without a deal that make for logical partners for Okada Manila, some standout more than others. Universal Entertainment didn’t mention a date when it reveal its partner.

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Daniel Negreanu Reacts to Hellmuth’s Criticism, Challenges Poker Brat to HU Duel


The recently concluded grudge match between Daniel Negreanu and Doug Polk created a lot of stir in the poker community and gave everyone hours’ worth of great, high stakes entertainment.
Polk came into the match as the favorite and walked away the winner after 25,000 hands, banking $1.2 million for his victory.
In the days following the conclusion of the HU challenge, many players shared their views of the match, among others Phil Hellmuth.
Hellmuth was supporting Negreanu from the get-go, but he wasn’t too happy about the final result and in a recent interview, the Poker Brat openly stated he was disappointed by the Canadian’s performance.

The short, two-minute segment, didn’t go unnoticed by Negreanu, who responded by challenging Hellmuth to a heads up match under his terms.
DNegs Quick to Respond to Phil’s Jab
Helllmuth’s short statement about Negreanu’s play also included not so thinly veiled brag about his own poker skills.
The way Phil explains it, Negreanu’s coaching team was recommended by him as he recognized them as very good and capable players.

However, Phil sent them Daniel’s way because they didn’t have much to teach him?

It seems Hellmuth is trying to suggest that he already knows everything Negreanu has spent months trying to learn and Polk spent years studying.
Daniel wasted no time responding to Phil, challenging him to a heads up match under any terms he wanted: live or online and for whatever number of hands he wanted to play.

It goes without saying that the poker community was thrilled to see the Canadian’s reaction, but will Hellmuth go for it?
Will There Be a Hellmuth vs. Negreanu HU Match?
Phil Hellmuth is known as an outspoken player who holds his own skills in very high regard. The whole Poker Brat attitude has been a part of his persona for years and helped him build a brand around his name.
But, facing an open challenge by Negreanu, what are the odds of Phil actually accepting?

Personally, I don’t think they are very high at all.

While Hellmuth loves to talk the talk, he’s not very likely to walk the walk in the situation where he must know he’s a big underdog. Even if the two had equal skills before the Negreanu – Polk challenge, Daniel has put in countless hours studying HU play and GTO.
DNegs was going into the grudge match against the odds and for that alone, he earned some respect from the community and from Polk himself.
At this moment in time, the skill gap in the particular format between Negreanu and Hellmuth could be even wider than it was between DNegs and Polk when the grudge match was announced.

Even Polk said after the match that he wouldn’t be as thrilled to play Negreanu again as he felt Daniel has improved a lot over the months of the challenge.
The Canadian would probably jump at the opportunity to play some one-on-one poker with the Poker Brat and put his newly found skills (that he paid dearly to acquire) to good use. Plus, the skirmish would likely be just as popular (if not more) as the original grudge match.
One Is Allowed to Dream
In the same video included earlier, Hellmuth boasted his heads-up skills, claiming he’d won 29 of his last 30 HU matches.
This is technically right, but these were all short battles, featuring no more than a few hundred poker hands.

In a prolonged match that would last 10,000+ hands, DNegs would have to be a clear favorite, just like Polk was against the Canadian.

And, to be completely honest, it seems really farfetched that the Poker Brat would accept to play Negreanu in this format. If anything, he might be up for a few hundred poker hands, which is far too small of a sample size to determine who the better player is.
One is allowed to hope, though.
If Hellmuth and Negreanu were somehow to come to an agreement for an actual, proper heads up match that would include the kind of coverage that we saw in the earlier challenge, it would be a real treat for the fans.
Both DNegs and Phil are in the group of the most popular poker players alive and their “grudge” match would attract hundreds of thousands of eyeballs.
Is it likely to happen? No, absolutely not – but we sure as hell root for it! And, if the match were to happen, who would you bet on and what odds do you think would be fair?

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การฆาตกรรมในแคลิฟอร์เนีย Sycuan Tribal Resort นำไปสู่การจับกุม


เผยแพร่เมื่อ: 14 กุมภาพันธ์ 2021, 01: 47h. อัพเดทล่าสุด: 14 กุมภาพันธ์ 2021, 01: 47 น. ชายวัย 33 ปีถูกจับเนื่องจากเหตุกราดยิงเมื่อสัปดาห์ที่แล้วที่ Singing Hills Golf Resort ใน Sycuan ตั้งอยู่ใกล้กับคาสิโนของชนเผ่าในแคลิฟอร์เนีย เครื่องราชอิสริยาภรณ์ของกรมนายอำเภอซานดิเอโกเคาน์ตี้แสดงที่นี่ เจ้าหน้าที่ของกองปราบจับกุมชายคนหนึ่งในข้อหาฆ่าเหยื่อที่ Singing Hills Golf Resort ใน Sycuan (ภาพ: นายอำเภอซานดิเอโก) Frank Eldon Billeter ของแคลิฟอร์เนียถูกตั้งข้อหาฆาตกรรมครั้งแรกที่เกี่ยวข้องกับการฆาตกรรมในห้องพักโรงแรม – รีสอร์ทในแคลิฟอร์เนียเมื่อวันพุธตามที่ KSWB สถานีโทรทัศน์ท้องถิ่นและยังคงถูกควบคุมตัวในสุดสัปดาห์นี้ ไปยังเรือนจำกลางซานดิเอโก Billeter ถูกควบคุมตัวโดยไม่มีการประกันตัว KSWB กล่าว เมื่อเจ้าหน้าที่ไปถึงรีสอร์ทพวกเขาพบ Dylan Michael Brooks อายุ 28 ปีอยู่ในห้องพักของโรงแรม เขาได้รับบาดเจ็บและถูกนำส่งโรงพยาบาลบรูคส์ เขาเสียชีวิตหลังจากนั้นไม่นาน Brooks และ Billeter ทั้งคู่อาศัยอยู่ใน Lakeside, California ชุมชนแห่งนี้ตั้งอยู่ห่างจาก Singing Hills ประมาณ 8 ไมล์ แต่ไม่ชัดเจนว่าทั้งสองรู้จักกันก่อนการถ่ายทำหรือไม่ กรมกองปราบเคาน์ตี้ซานดิเอโกไม่ได้ระบุเหตุจูงใจในคดีนี้ผู้ต้องสงสัยถูกควบคุมตัวแล้วในข้อหาก่อนหน้านี้บิลเลอร์ถูกควบคุมตัวเมื่อวันศุกร์ในข้อหาที่ไม่เกี่ยวข้องเมื่อสำนักงานนายอำเภอท้องถิ่นระบุว่าเขาเป็นผู้ต้องสงสัยในเหตุกราดยิงในโรงแรม ไปยังหนังสือพิมพ์ San Diego Union-Tribune ในกรณีก่อนหน้านี้ Billeter ต้องเผชิญกับข้อหาเช่นการทารุณกรรมต่อผู้เยาว์และการเป็นอาชญากรในการครอบครองอาวุธปืนและเครื่องกระสุนหนังสือพิมพ์กล่าว Singing Hills Golf Resort อยู่ห่างจาก Sycuan Casino Resort ประมาณสี่ไมล์ ทั้งสองแห่งตั้งอยู่ใน El Cajon คาสิโนและกอล์ฟรีสอร์ทดำเนินการโดย Sycuan Band of the Kumeyaay Nation ตำรวจเผ่า Sycuan ยังไปที่เกิดเหตุเพื่อตรวจสอบเหตุกราดยิง พวกเขาไม่สามารถแสดงความคิดเห็นได้ทันที ในขั้นต้นสื่อท้องถิ่นได้รับแจ้งจากเจ้าหน้าที่ของรัฐแคลิฟอร์เนียว่ามีการยิงเกิดขึ้นที่ Tribal Casino ทุกคนที่มีข้อมูลเกี่ยวกับการยิงเมื่อสัปดาห์ที่แล้วสามารถโทรติดต่อสำนักงานนายอำเภอซานดิเอโกได้ที่ 858-285-6330 หรือ 858-565 – 5200 หรือหากต้องการไม่เปิดเผยตัวโปรดติดต่อ Crime Stoppers ที่ 888-580-8477 การฆาตกรรมก่อนหน้านี้เกิดขึ้นใกล้กับคาสิโนเมื่อเดือนพฤศจิกายนปีที่แล้วการยิงกันตายเกิดขึ้นใกล้กับคาสิโน Sycuan เจ้าหน้าที่ของกองปราบจับกุมแดเนียลคริสโตเฟอร์อัลเลนวัย 49 ปีหลังการยิงไม่นานโดยถูกกล่าวหาว่าฆาตกรรม คดีอยู่ระหว่างการพิจารณาในศาลท้องถิ่นและอัลเลนได้สารภาพว่าไม่มีความผิดในข้อหานี้ เหยื่อในการยิงครั้งนั้น James Owens อายุ 31 ปีมาพร้อมกับเพื่อนหลังจากได้รับบาดเจ็บจากกระสุนปืนหลายนัด MEP พบรถที่เขากำลังเดินทางในเวลาต่อมา มันอยู่ใกล้กับคาสิโน ผู้ได้รับมอบหมายให้การรักษาฉุกเฉินเบื้องต้นแก่เหยื่อ แต่ผู้บาดเจ็บเสียชีวิตในรถรายงาน KSND สถานีโทรทัศน์ท้องถิ่นอีกแห่ง ในอาชญากรรมคาสิโนอีกแห่งในซานดิเอโกเคาน์ตี้มีผู้เสียชีวิต 3 รายและบาดเจ็บรายที่สี่จากเหตุกราดยิงในปี 2549 ใกล้คาสิโนและรีสอร์ท Rincon ของ Harrah คาสิโน Rincon ของ Harrah ตั้งอยู่ห่างจากตัวเมืองซานดิเอโกไปทางตะวันออกเฉียงเหนือประมาณ 40 ไมล์

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