American Attitudes on Casino Gaming 2019 - American Gaming ...

@SmithsonianMag: Between 1950 and 1960, the population of Las Vegas grew by 161%--partly due to the burgeoning casino industry. But another reason was a chance to glimpse actual nuclear tests in person. https://t.co/syUpCddq7Y

@SmithsonianMag: Between 1950 and 1960, the population of Las Vegas grew by 161%--partly due to the burgeoning casino industry. But another reason was a chance to glimpse actual nuclear tests in person. https://t.co/syUpCddq7Y submitted by -en- to newsbotbot [link] [comments]

Casino coming to a town of a population of 200,000. What would your plan be?

I'm really just curious. Me and a few buddies were talking about the new Casino that will be built and functioning in hopefully the next five years. I've done some low level internet marketing in the past, but the idea of getting away from my 9-5 (plus massive amounts of OT and oncall 24/7) has me wanting to take the next step into building something of my own. It really comes down to: I want to see my son grow up, not just be in his life for a few hours a day. It's motivated me.
Anyway, really I have some ideas I've narrowed down, but I'm curious, what would you invest in having a casino that will do considerable business, especially from outside my county... Nearest casino is over a 100mi away Midwest, USA. Obviously many other variables can be accounted for, but I'm not really looking for other ideas, unless maybe something I hadn't thought of really hits me... I'm just curious and I think it'd make a cool topic to discuss.
submitted by CClark56 to Entrepreneur [link] [comments]

A casino shooting in Manila killed 37 people on June 2, 2017. Philippines have strong gun control in a population of 101 million with only 4 million private firearms which includes illegal firearms. Annual firearm deaths 7,000 compared to USA's 11,000.

submitted by MoneyIsTiming to conspiracy [link] [comments]

Pelican Town from a Urban Planning Perspective

Any other urban planners/policy folks play this game? I’m an urban planning student who has spent too many quarantine hours playing SDV and at the risk of deeply questioning how I spend my time, I’ve been thinking about it from a planning perspective. Please tell me someone else has thought about this.
Pelican Town (pop. ~35) is a small, rural town within a few hours of the nearest big metropolitan area. The town appears to have had an industrial past, with all the decayed mining infrastructure. Like many rural towns that were once anchored by industry, Pelican Town has struggled to rebuild its post-industrial economy and identity.
The Mayor’s strategy is to look towards tourism, culture, and recreation for the town’s future. He holds an abundance of traditional festivals to preserve the town’s cultural identity and market its quaint, rural character to visitors from neighboring areas. He hopes the farmer’s high-quality local produce and artisan products will contribute to Pelican Town’s renewal. He also thinks the arts could drive the town's revitalization (Leah's art show). The town also has an abundance of natural assets, although I'd worry about point source pollution from the sewer pipe and the quarry is totally a brownfield site.
Encouraging tourism is a sound strategy in Pelican Town, but it’s not a panacea - it won’t necessarily increase the tax base to help the town’s financial problems, and the jobs created will mostly be in the service sector. The neighboring town, Calico Desert, is another post-mining economy that is looking to tourism and has opened a casino.
Economy: No matter how you calculate it (does the wizard have a job?) the unemployment rate is high. The jobs are not well-paying (the town was chosen for a discount Jojamart, like many rural towns attract dollar stores). Without good jobs for young people and lacking educational opportunities, the town is at risk of losing the younger population to other towns/the city. There’s potential for more small businesses if tourism increases, or for more remote work (though it doesn’t seem like Pelican Town has good internet infrastructure and computer ownership is low.)
Transit: The town also suffers from a lack of transportation. Vehicle ownership is low (just the Mayor and Sebastian’s motorcycle, I think), the town is looking for private investment to restart bus service (should really form a regional transit authority with Calico Desert and get government funding), and though the train with the platform hints that there may have once been commuter rail, it’s currently only used for freight.
Population: Pelican Town’s population, as it stands, will decline. There are only 2 children (Vincent and Jas) but close to 20 residents who are 40+. There are 12 residents in the 20-40 age group (the bacheloettes), who need to stay in Pelican Town and start families to reverse the decline. As in many rural areas, substance abuse is a problem in Pelican Town. There are a few alcoholics and I’m not gonna get on Sebastian’s case for smoking a little weed and who knows what’s in Pierre’s stash, but there’s clearly little else to do in town besides hang out at the Saloon.
Housing: If young people choose to marry and stay in Pelican Town, where will they live? The vacancy rate is 0 and most bacheloettes live with their families. New housing will need to be built to retain them, but most probably cannot afford to build a house. The town will also need to carefully choose areas for development to maintain the natural assets that draw tourists. The town seems to use a form-based code in the town center (two-story mixed-use buildings).
Solutions: The town is relying on the goodwill and prosperity of a private citizen (the farmer) to revitalize the Community Center, build houses, etc. - Mayor Lewis should rely less on one-time private investments and focus on more reliable funding sources and economic growth that will increase the tax base. The town is facing a housing crisis and should consider mixed-use development/apartments in the Community Center neighborhood to prevent sprawl. The town needs to invest in transportation and communication infrastructure to improve access to jobs and education. The vacant land near the train station is a great spot for a TOD and some denser development if the Valley could start commuter rail service, but I bet Robin & Demetrius would be NIMBYs who don’t want development near their mountain home.

TL;DR: Mayor Lewis is making you do the flower dance to stimulate the economy.
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For 30 years...

To all the lurkers and all my Armenian brothers and sisters, as well as to the few Greek brothers here, let me tell you a couple of three things:
  1. For 30 years, we wanted a strong army, we compromised; we got an army that was pillaged by Robik and Serzhik, and was over reliant on the heroism of our 18-20 year olds
  2. For 30 years we wanted a good economy, we compromised; we got a bunch of Casinos and hotels built for fucking deadbeats to come and waste their cash in hopes it would go to the economy while it was instead going into criminal’s pockets
  3. For 30 years we wanted good leaders, we compromised; we had a Language arts teacher as our first president, two corrupt bastards as our second and third, and then an incompetent journalist who rode on populism to the top.
I’d like to do it over I tell you, we compromised everything. 30 years with an independent Armenia not a fucking peep. For what? For the likes of Ter-Petrosyan, Serzhik, Robik, Pashinyan? So we could end up where we are today?
submitted by PooPooPeePeeBruh69 to armenia [link] [comments]

THE NEXT ONLINE GAMBLING GIANT!! (Score Media and Gaming Inc)

Score Media and Gaming Inc
TSE: SCR
OTC: TSCRF
It's already common knowledge sports betting is big in the North American market - and will continue to generate tons of revenue as states continue to legalize sports betting. Canada is following suit. Legislation will be passed Q1 2021 and we're soon going to see an influx of CANADIAN online betting. Basically all of Canada uses this app exclusively for sports and it is starting to become more popular in the United States

submitted by willystocks to pennystocks [link] [comments]

The Ultimate Parlay: DraftKings ($DKNG)

The Ultimate Parlay: DraftKings ($DKNG)
Here on a Sunday night to give you autists some time to cross-check my info, start your RH instant deposit, and let your wife's bf know you're coming back with a vengeance. Here's an in-depth analysis on DraftKings and how to maximize profits over the foreseeable future to squeeze this for every tendie we can. Now that many states face revenue shortfalls due to the coronavirus pandemic and wider budget deficits, there needs to be a push to fill that gap and nothing is better positioned than sports betting.
As you all know, $DKNG came to market through a SPAC merging with Diamond Eagle back in April, at the worst of the pandemic when live sports were dead and there was more uncertainty than ever for what was to come. Jason Robins, Draft Kings CEO, has balls of steel and knew that they needed to get to market quickly for a sports betting run-up the likes of which we've never seen. Sports are now on their way back, with a huge amount of positive catalysts coming up in the next few months to skyrocket this stock to the moon and beyond.

Management

I want to clarify that a large amount of my conviction from this play comes from the incredible management team leading the company. CEO Jason Robins is a stand-up guy and has led the company through a huge amount of scrutiny since its founding in 2012. He comes from a data analytics background which could not be a better fit for the sports betting business. He prioritizes the high speed data that fuels the DraftKings platform as its most valuable asset and speaks often on the commitment his team has to ethical values and encouraging a trustworthy environment for its users to gamble their paychecks on the DraftKings platform.
I've linked a great interview to get to know the CEO and give further insight into DraftKing's plans moving forward below and highly recommend anyone going in on this play give it a quick watch. Jason is optimistic about the future of state's legalizing mobile sports betting moving forward and says they will continue to invest boatloads of money into customer acquisition costs through TV ads and billboards on a state-by-state basis. Link: https://youtu.be/2OVFB9piEC0
Any of you who have come across DraftKings commercials, YouTube ads, billboards, know that their marketing is on point. This is a great play because DraftKing's expansion has occurred thus far on a state-by-state basis. This means that there's a large part of the nation (actually the majority) that is still ignorant to the sports betting wave that is coming in 2021. DraftKings is positioned extremely well to lead the way into the ~25 states still waiting to pass the bill.

Legislation

The fact that the top 4 states in the country still have not legalized online sports betting presents a HUGE opportunity to ride this wave with little downside risk. Sports have already gone through the worst-case scenario during COVID shutdowns and survived—now we’ve got a great amount of positive catalysts coming up (NBA season, March madness, Super Bowl, etc.) that the general population is begging for some action on, paired with more money in their pocket from significantly less entertainment costs since the pandemic started.
The Wuhan Virus gave DraftKings a shot in the arm to streamline its way into most (if not all) of the remaining state's ballots during Q1 and Q2 due to the huge cut in tax revenues that the lockdowns caused across the country. Governor Cuomo of New York released a statement last week stating he is now considering the passing of mobile sports betting in order to raise the state's tax revenue during a time where Congress completely skipped them over in terms of providing aid through the stimmy. New York is a huge catalyst moving forward. In my opinion, this is a make or break for how things look for DraftKings moving forward, and will largely influence how other states react. Mobile sports betting scares states as it is new and so accessible, but if you do research into the Powerball and other loterry companies, it just took a push in the right direction for states to realize how much money they are leaving on the table by not participating in these emerging markets. Sports betting has already benefited the 9 states which passed the bill (NJ leading the way) and has NY as well as every other governor, feeling major FOMO.
Current states where online (mobile) sports betting laws have passed:
  • New Jersey
  • West Virginia
  • Indiana
  • Pennsylvania
  • New Hampshire
  • Iowa
  • Colorado
  • Illinois
  • Tennessee
Some of the reported revenues from sports betting:
New Jersey: $931.6 million
Pennsylvania: $491.9 million
Illinois: $434 million
Indiana: $250.8 million
Colorado: $231.2 million

On May 14, 2018, the United States Supreme Court found the Professional and Amateur Sports Protection Act (PASPA), the federal law prohibiting states from authorizing sports betting, to be unconstitutional. It is now up to individual states to decide if they want to authorize and regulate sports betting in their state. Congress can also take action on the authorization and regulation of sports betting but has so far left it up to individual states.
As you can see, states are cashing out on the mobile sports betting wave, with New Jersey leading the way and making a large part of that revenue from NY residents crossing state lines to get their gambling fix in. Gov. Cuomo has been opposed to legalizing sports betting in the past, calling it "a violation of the constitution"...buut that was before covid lockdowns and his state was drowning up to their neck in debt.
DraftKings management issued extremely bullish guidance without even taking into account new states passing legislation. This is one of the things that I love about CEO Jason Robins that stood out to me in the hours of interviews/articles I’ve looked over. This man is the pinnacle of underpromising and over delivering. The staff at Draft Kings are extremely customer centric and focused on strong ethics to help them provide a platform for sports aficionados to enhance their viewing experience.

Data-Driven/Proprietary Tech Stack (the MOAT)

Legislation aside, the other huge catalyst is DraftKing's unique approach to owning its own data and proprietary tech stack. I believe that this will be where DKNG separates itself from the competition that is rushing to this space and will give it the upper hand in acquiring, and retaining, a large percentage of new users across opening states.
From investor presentation: "Upon close of the business combination, DraftKings will become the only vertically-integrated pure-play sports betting and online gaming company based in the United States. Through the business combination, DraftKings expects to realize synergies by transitioning its risk and trading sports betting platform to SBTech’s, instead of relying on a third-party platform. In addition to reducing costs, DraftKings will control its backend system and product roadmap, differentiating the company from other U.S. operators and giving it the ability to tailor its sports betting product to U.S. sports and users."
"SBTech is a global leader in omni-channel sports betting and gaming, with more than 1,200 employees in 10 offices worldwide. Since 2007, the group has developed the industry’s most powerful online sports betting and casino platform, serving licensees in more than 15 regulated territories. SBTech’s clients include many of the world’s premier betting and gaming operators, state lotteries, land-based casinos, horse racing companies, and iGaming start-ups. The group supplies highly flexible betting and gaming solutions to clients looking for exceptional configurability and the quickest route to market, complemented by proven business intelligence and reporting capabilities. The SBTech offering includes its seamless sportsbook, Chameleon360 iGaming platform, managed services, on-property sportsbook and omni-channel solutions that provide players with constant access to sports and casino products across all online, mobile and retail channels. Supported by unrivaled expertise in trading and risk management, acquisition and CRM, and the highest standards of regulatory compliance, SBTech’s partners consistently achieve rapid growth, enhanced brand loyalty and record revenues."
DraftKings prioritized OWNING their own backend technology via this merger with SBTech, making them the first, and only company in this space to own their risk and trading platform. This gives DraftKings a huge edge to the rest of the market. It forked up the cash to keep everything in house not only to provide a better customer experience, but also to widen the moat against competitors as new states come onboard. The key here is to clarify that DraftKings and SBTech combined to be the only player in the market with 100% vertical integration and control of their own backend. Jason Robins and the rest of the management team are placing their efforts on having the best technology and the best product and really going all in on owning the U.S. landscape opening up, with as little need for cross-platform interaction as possible.
This acquisition of SBTech was a complete game changer because it allowed them to be independent from paying revenue share to a third-party for betting lines and risk management services.
Clarification: no other sports betting/fantasy sports/casino company currently has 100% vertical integration on the level that DraftKings has established.

iGaming Boom

This is where the market is missing the mark. Take the time to read over analyst reports, news articles, and interviews and you'll quickly notice 99% of the general market is completely glazing over DraftKing's iGaming sector. This industry has been a CA$H COW in Europe for awhile now, and is only getting started in the United States. Out of the companies that occupy this space, DraftKings is the only one to create one synergistic platform for Fantasy sports/Sportsbook/iGaming. This will be a huge value proposition that will ultimately rocket DraftKings to the top of the gaming market and solidify it as THE gaming powerhouse moving forward.

The infrastructure driving DraftKing's products and Tech (all in one platform)
Anyone that's watched the run of Skillz and the hype pushing PaySafe, knows how much anticipation there is for iGaming to become the new norm in the world of gambling. DraftKings has emerged as the market leader in each state they've launched in, and continue to gain more and more market share. Once new users get introduced to their platform, the cross-selling opportunity is limitless and creates an extremely sticky customer acquisition cycle.
Competitors like Penn and MGM are dinosaurs in this space and have been playing catch-up to DraftKings since 2012. The new age of gamblers don't want to drive to a physical casino location or buy a home desktop to gamble. Everything will be mobile and run in real-time. DraftKings has been building an incredible live-sports ecosystem (first to market) and innovates the possibilities of what you can bet on a daily basis. Just download the app for yourself and do some exploring. I believe this is going to boom in the TikTok/millennial crowd as more states start to hop onboard.

2021 Projections

Pulled from the investor presentation, $DKNG has smashed every one of their 2020 assumptions listed below. For any stats guys out there, I would love to see some models at how much of this market is still up for grabs. DraftKings has positioned themselves to be at the head of this movement, and I believe that 2021 will be the year we really see them take off into triple digits share prices.
The catalysts are there, and the market is ripe for the taking. Their projections are extremely conservative and management lets the numbers do the talking. In my opinion, this is a bet on the management putting the dots together to EXECUTE as state legislation starts to go their way, once NY happens this shift will occur rapidly.

https://www.sec.gov/Archives/edgadata/1772757/000110465920032214/tm2012476d1_425.htm
The management is incredible and truly displays a vision for wanting to prop up shareholder value in the long-term through valuable data, a fully integrated platform, and aggressive customer acquisition to take control of this market as states realize the economic deficits which they are facing going into a new year. This along with the unprecedented hype that is going to be involved with sports events this year, will skyrocket DraftKings to new heights.
This is not a bet on sports betting alone, it is a play on a data-heavy and analytically driven behemoth, with strategic partnerships (league, team, and celebrity partnerships) and one of the most aggressive marketing strategies I have ever laid eyes on. The stock soared earlier this years upon news of the Michael Jordan partnership (https://www.cnn.com/2020/09/02/investing/draftkings-michael-jordan-deal/index.html) and there is many, many more big moves in the pipeline.

Conclusion

Long-term I am extremely bullish on people wanting risk to make up a daily part of their lives. The psychology of sports betting resembles that of the lottery and is becoming a must-have for people to have the choice to place bets from the convenience of their mobile phones. We are moving into a future where if risk and leverage are not involved, people will have little interest in dedicating their time to things. This shift can be seen with the boom in retail options trading (shoutout wsb gang) and will have a similar effect in sports, iGaming, and random prop bets/surveys that Draft Kings is innovating heavily in. This is not to mention the infrastructure that DKNG is continuing to build out to rival that of Europe in terms of live sports betting (which makes up three quarters of revenue for online sports books in the UK) and expanding their horizons to lesser betted on sports such as tennis, golf, soccer, etc.
If you've gotten this far, congrats you're just a few steps away from striking gold. Any feedback, comments, rebuttals, bear scenarios, etc. please comment. Good luck.

Positions

$70c 1/21/22
$90c 1/20/23
🚀🚀🚀 Bet at your own risk 🚀🚀🚀

Tl;dr

DraftKings has state legislation action coming, incredible management, is data-driven, is vertically integrated/owns its tech stack, has exposure to the full range of new world gaming (Fantasy/Sportsbook/iGaming), and is ahead of its competition forming league, team, and celebrity partnerships.
$70c 1/21/22
$90c 1/20/23

Sources (do your own DD dumbass)

https://youtu.be/2OVFB9piEC0
https://www.legalsportsreport.com/42835/draftkings-kambi-2021/
https://sportsbook.draftkings.com/help/sports-betting/where-is-sports-betting-legal?_ga=2.2847858.331721966.1608603855-1177209388.1608603855
https://www.legalsportsreport.com/46711/the-week-in-sports-betting-dec-21/
https://www.aol.com/news/why-draftkings-flutter-trading-lower-201654511.html
submitted by omertaproject to wallstreetbets [link] [comments]

@AFP: The Singapore island of Sentosa is home to palm-fringed beaches, casinos, tourist sites and some of the best golf courses in Asia. It also houses the luxurious Capella Hotel, which -- at a distance from centers of population -- can be more easily secured https://t.co/f4QTE8zUyo

@AFP: The Singapore island of Sentosa is home to palm-fringed beaches, casinos, tourist sites and some of the best golf courses in Asia. It also houses the luxurious Capella Hotel, which -- at a distance from centers of population -- can be more easily secured https://t.co/f4QTE8zUyo submitted by -en- to newsbotbot [link] [comments]

Is Skyfall considered overrated by the general population of subscribers to this sub? Is it even considered "good," or do people just think that it's simply not as good as the reviews suggest and not as good as Casino Royale? There's an odd disconnect I've sensed for a while.

I've subscribed to /movies ever since I signed this account up over 2 years ago, and it really seems like the majority of subscribers -- around 60%, maybe 70% -- think that either Skyfall is overrated, not better than Casino Royale, and/or just plain mediocre or worse.
I feel like Jerry in that Seinfeld episode where he's dating a stunning girl -- played by Christine Taylor, and here's a better picture of her...at age 39! -- but all his friends and acquaintances think she's repulsive but they don't really elaborate on it, and some even give him compliments for dating her and not being shallow. She's so obviously beautiful and there's absolutely NOTHING wrong with her physically (they obviously chose her as an actress BECAUSE she's so perfect looking), but because everyone is implying that she's undesirable -- I don't think they ever call her ugly or say anything specific, they only imply that she's repulsive -- Jerry ends up breaking up with her because he feels like he must be missing something that everyone else is seeing.
That's how I feel about Skyfall, at least in /movies. I feel like it's a fantastic film and definitely a great Bond film, but I see so many comments about how mediocre it is, so many that it makes me question whether I actually like the film (in the end, I always phase the dissenters out and cling on to my own opinion). Still, I find it odd to see so many detractors of Skyfall. What am I missing?
The only thing that people agree about it is that it is beautifully shot by Roger Deakins, and that's indisputable as far as art goes.
But a lot of people have problems with the story, the action, plot holes, themes, etc. I thought Skyfall NAILED everything.
It was a perfect mix of "classic" Bond and new Bond. We've got a new Q, a new Moneypenny (although their chemistry felt forced to me), and we have a new M. There were plenty of funny moments in a film that I felt was a bit melancholic, but in a cathartic melancholic way. It was a great spy drama to me, with a little bit of tragedy.
Maybe people were expecting Bourne-like action or Casino Royale-like fun and action and witty banter, but Skyfall was wonderfully mature, in my opinion.
We have the juxtaposition of two agents who have a common thread -- they both felt betrayed by Dench's M at one point, as Silva was left to be tortured and eventually tried to kill himself with cyanide but ended up disfiguring himself, while 007 resents M for ordering Moneypenny to take a high-risk shot, and in an aggressive tone ("Take the bloody shot, was it?" Bond asks M).
But we eventually see that James is the better man, someone who has forgiven M, while Silva has some serious grudge issues. They're both presumably orphans and look to M as a mother, but Bond deals with her temporary "betrayal" in a much more mature way -- even if he did go on a weeks-long bender. Of course, 007 endured far less than Silva did, but both were "betrayed."
The "rat" motif was played out well, with Silva telling the story about the last 2 rats standing, and Bond giving Silva the film trademark as-the-villain-dies-quip, "last rat standing." And of course, there's the one long take of Silva walking down to a tied-up Bond talking about his grandmother's island and the story about rats.
So, I can't say that I see the convincing criticism of Bardem as the villain, because he really was a complex villain, and a brilliant one. He was able to orchestrate everything until he went to Skyfall -- which was itself a brilliant move by Bond, as he figured it was "somewhere where they'll have the advantage," since it was all just moors and no technology beyond electricity....and Silva is a top 3-5 hacker and probably the #1 cyber-terrorist in the world (he hacked China so "hard" that China felt that he was worth 6 MI6 agents, as M mentioned why she didn't call for his release but got 6 others. M mentions that he went beyond the scope of his mission by hacking the Chinese, which is when and why M/MI6 disavowed him).
The complex part of him is his Oedipal obsession with M. He talks about being "her favorite" back when he was an agent, and perhaps he holds some disdain for Bond being her new favorite, as he knows that Bond was approved for duty by her despite failing his tests. Silva shows genuine concern when M is showing signs of being hit by a bullet, and warns everyone to not kill her. Then, at the end, he embraces her and instructs her to kill the both of them together in a bizarre murder-suicide.
But anyway, it's clear that Silva is both a genius and a bit of a nut, and he's brilliant and complex -- and IMO he's easily the best Bond villain of the 3 in the Craig era, and Bardem is one of the world's best actors (Mads is a great actor, too, but he wasn't given much to work with in Casino Royale as it was pretty one-note; it was almost robotic the way he played poker and said "you have a 24.34% chance of making a straight").
So, if it's not the cinematography nor the villain, what is it? What's the criticism?
Is it the brooding Bond?
Craig gives a deliciously nuanced performance, and certainly the most brooding and melancholic of the 3 films. Perhaps people didn't like that Bond wasn't as light-hearted as he was in the first 2 films? (this is the same Bond who was still smiling/laughing as he was poisoned in Casino Royale, before dying temporarily). This was the same Bond who was laughing while having his balls smashed, asking for LeChiffre to scratch the "itch" while being tortured; something tells me that Skyfall Bond would not be so happy-go-lucky.
In this film, he only quips with Moneypenny, and it's a bit stilted; otherwise, he's pretty bitter and brooding. I think that Casino Royale 007 wouldn't have been so dismissive and standoffish towards his Q in their first meeting. When 007 was going through his tests, it was closer to dark comedy than the light-hearted comedy from the first 2 films, like all the jokes between him and Vesper, e.g. how he gives her the name "Broadchest" or something similar as her initial alias, or mentions how his lamb was "skewered," much like how he felt after Vesper "tore him apart" psychologically, or just his simple Jim Halpert-like look when the Swedish banker makes a random joke and Bond looks away as if to give a "seriously? wha?" look, or even Bond's smirk when the terrorist blows himself up at the airport. We don't see Bond do that in Skyfall -- in fact, when he killed the guy who was largely responsible for his "death," he's really upset (of course, he's upset that he couldn't get info out of him, but he just avenged Ronson, an agent that Bond wanted to save but M told him to leave him there and pursue the terrorist).
No smirk, no quip, just anger after killing the initial enemy. And it really wasn't expected of him to get information out of this "ghost" mercenary/terrorist. M only told him to kill him, and I believe he says something like "will do" or "with pleasure," but he doesn't even show that he's pleased when he kills him.
The bottom line is that Skyfall Bond is NOT light-hearted and happy like he was in CQoS -- and perhaps people didn't enjoy that.
But it makes sense, especially with CR and QoS being pretty much companion films occurring at the same time, with Skyfall occurring at least 6 years later. But remember, Bond was hardened by his betrayal by Vesper, and after that we don't really see the same 007. He STILL quips and banters, but nothing like CR 007. In Casino Royale, when we saw him get angry and serious with Vesper in asking for the additional $5 million, we are put off by his seriousness...but Skyfall is full of "serious Bond." We do get a dark quip when the Bond girl is shot dead by Silva, as he quips that "it was a waste of good scotch." Casino Royale Bond probably would have reacted differently to seeing a girl get shot like that, both because he's a rookie and because he's not as cynical and emotionally detached as he is in Skyfall.
It makes COMPLETE SENSE for him to be a little more hardened (and perhaps darkly cynical, due to the betrayal of Vesper and M, and his "death" early in the film, as Silva even asks "did you really die that day?" when Bond can't pull the trigger to shoot the shot glass off the girl's head) and to treat his job a little more seriously since he's older and more experienced, and because it's a "young man's game," he needs to be a tad more serious in order to stay alive.
Perhaps people expected/wanted Bond to be the Casino Royale Bond -- smooth, suave, less introspective....but we got the opposite. We got an insecure, introspective, aging Bond who reflects on the past...and that's what I LOVE about Skyfall. He was a young(er) agent in Casino Royale, and it showed: he was reckless but lucky, he was arrogant even in the face of impending death, he fought and lived like he was invincible. They bring him back to his roots, back to where his parents died, and where he went into that little trap door a boy but wasn't a boy when he came out 2 days later (when his parents died).
The movie really humanizes Bond -- and if people are expecting 007 to be the type of agent who asks for his torturer to scratch his balls with a rope in Spectre, they're going to be disappointed because the producers are clearly making all the movies as ONE series with Craig, meaning that he is constantly developing as an agent and person...as opposed to the previous Bond films where it would be the SAME EXACT BOND in each movie if played by the same actor, with ZERO DEVELOPMENT BETWEEN MOVIES.
That's what I love -- they're showing Bond develop as an agent and as a man in between films, rather than having the "same ol' Bond" in every film.
He's not just the indiscriminate killing machine, but an actual person with scars, the type of scars where you press on them and you can still feel a light dull pain that never goes away. He's not a mysterious spy churned out of MI6, but a boy orphaned when his parents died in an accident, and to protect M he goes to the place he hates (and probably hates the most) because of its familiarity to Bond and the lack of technology there.
So, I can't see the problem being the villain, the protagonist, or the cinematography -- what else is there?
The story?
The simply synopsis is that MI6 lost a very sensitive file that not even England's NATO allies know exists -- a list of agents embedded in terrorist groups across the globe. Admittedly, this is both a big spy cliche (it was a cliche with the first Mission Impossible film dealt with the NOC list 20 years ago), and it doesn't make sense to put ALL of your eggs in one basket, i.e. putting ALL your agents' identities in one file -- at least break them up and keep them separated so that a breach of security onto one file at one location triggers enhanced security at the other locations, requiring a perfectly synchronized cyber-attack across multiple countries and firewalls and servers in order to piece together a very, very valuable list.
That's the plot. But what's the story?
The story is Silva's revenge against M and Bond's struggle to regain steps he has seemingly lost due to age. Turns out, Bond is at his best when he's actually going through a mission and NOT when he's being poked and prodded and tested. I think that's a great story for Bond, that he's a "true spy" when it counts the most, whereas I can see other spies acing the tests but failing when the "chips are on the table."
Another sub-story is M's reluctance to leave her post, as she's certainly "not going to leave it in worse shape than she found it," and she says "to hell with dignity" when Mallory suggests that she retires with dignity. M would rather double-down and right her wrong -- at the expense of making things even worse and possibly making her an infamously incompetent MI6 director. Luckily, she gets things right....and it happens to be her last act in her life. I feel like it's a happy ending, especially since her husband passed away sometime between CR and Skyfall (we see her answer the phone while her husband is sleeping in Casino Royale). M finishes her job, and if she believes in heaven, her last thoughts are that she did everything she wanted to do in life and now she gets to see her husband there, all while being held by Bond, a sort of act of forgiveness by Bond to M (Bond can sense that M regrets that she can be cold-hearted, which is evidenced by 1) her need to explain to Bond why she traded Silva for 6 agents despite Silva's affection for M, and 2) Bond asking M if she has anything else she wants to tell him, perhaps "fishing" for an apology....not so much for Bond's sake, but for M's sake, as Bond arguably feels that M is carrying a heavy heart for having Bond nearly killed).
The other mini-stories are Eve's development into Miss Moneypenny, which was done very well IMO, with my only complaint being that she and Craig just don't have the chemistry, but it's not for lack of trying (perhaps it's for too much trying that made their chemistry seem forced). There's also Q, who is eager to prove himself as the young quartermaster prodigy, but in his eagerness he ends up freeing Silva; I very much like the new Q, who is cocky himself and isn't a bumbling fool -- he actually squares up vs. Bond and trades verbal blows with him, which earns the respect of 007. Then there's M, which we don't know much about yet but I feel will play a huge role in Spectre.
So, cinematography, villain, 007, the plot/story -- what else is there to criticize?
Plot holes. Or, "plot holes." There were a few things that draw the ire of some sharp-eyed viewers. I can't remember them off the top of my head, but I remember there being an article that was both convincing in its argument that Skyfall was full of inconsistencies and questionable acts, but at the same time it was an article that made it seem like the viewer was "watching the trees and not the forest."
Although, one plot hole I could accept is....Why do they need to lead Silva to Skyfall at all? They were very well hidden there, and M was safe, and by leaving the "breadcrumbs" it literally led to M's death. They could have had the rest of the MI6 hunting for Silva while Bond protects M in a place where no one can find them.
My only counter-arguments are 1) M is not the type to just hide while things get worse and 2) Silva would eventually find them, as he knows everything about Bond's file, including where he was brought up.
Whatever plot holes or inconsistencies there are, as a whole, the film is a well-told spy drama.
Which brings us to the next possible criticism....
There's not enough action....the final scene was basically just *Home Alone
Ok, yes, it was like Home Alone in that they boobie trapped the house -- but there were no other options. It's not like he had a Bat cave or had the opportunity to grab rifles and machine guns before escorting/kidnapping M and bringing her to a safe place. They did what they had to do, and they did it well -- it just happened to be like Home Alone, and there's no escaping that...and it's not like it's valid film criticism, anyway. Everything they did was within reason of a spy film.
But overall, there wasn't much action; there was the opening scene, a short 1v1 fight against the ghost sniper, a short fight vs the body guards, and then the "Home Alone" ending.
But that's what makes it a great film, IMO. It was less action and more drama. We see a different Bond at the end from the beginning. We see a different M. There's character development. There's a convincing yet strange motive by the villain, who isn't looking to take over the world, make money, or even bring down MI6 -- he simply wants to see his "mom" one more time before killing her. That's a fantastically unique villainous motive, and a believable one. And there's symmetry to it. Bond is also a surrogate son of M, and he ends up saving his "mom" from the "other bad son," who is no longer "her favorite," and M goes from being in Silva's arms to being in Bond's arms. She was dead either way, but we get the "good son" putting her to rest.
No, it's not CR or QoS in terms of explosions and gun fights or even combat. We never see Silva and Bond "fight" at all. The only attack made by either party was the knife throw killing Silva. Now THAT is another unique aspect to the film -- Bond doesn't violently encounter the villain until the end, nor does the villain ever attack Bond (even in the first film, LeChiffre tortures Bond). Not even a fistfight between Silva and Bond.
Another thing I love about that is that the Chekov's Combat Knife was prefaced with "the old way always works" (or something similar). So, we have Bond, who is far from a hacker or cyber-knowledgeable agent killing one of the top cyber-minds and skilled agents in the world with a knife, a weapon representing "the old way."
That's a BRILLIANT ending, and a tragic one from Silva's POV, as he's a cyber genius who got taken down by a knife.
Well, that's "all" I got. After watching Skyfall for the 4th time tonight, I can't, for the life of me, see why it is so underrated on /movies. This is not "just another chapter" in the series where "Bond is the same Bond from Casino Royale and is full of quips and light-hearted banter even in the face of torture," this is a Bond who is constantly getting layers from movie to movie, and I'm guessing we'll see an even darker Bond in Spectre -- especially if my intuition is right, that Christoph Waltz's character had something to do with Bond's parents' death.
TL;DR -- I'd love to read the criticism on Skyfall. There's no right or wrong critique, other than a poorly-supported one. I'm open to criticism of the film. And just because it is critically acclaimed doesn't make it universally liked by everyone -- but it does confuse me as to why it seems like a majority -- and not merely a vocal minority -- of redditors dismiss Skyfall, which I find to be a higher quality movie than Casino Royale though not as fun...the same way I find Batman Begins to be more fun than The Dark Knight, but the latter is the far better film.
submitted by Death_Star_ to movies [link] [comments]

'The failure of the NSW government and oppositionmeans we have a bunch of second-rate politicians putting minority interests ahead of the overall population' - Michael Pascoe on the second casino

'The failure of the NSW government and oppositionmeans we have a bunch of second-rate politicians putting minority interests ahead of the overall population' - Michael Pascoe on the second casino submitted by Down_Blunder to sydney [link] [comments]

Governor Sisolak Press Conference Recap 11/22

Sisolak Press Conference Recap
submitted by Saigonic to vegaslocals [link] [comments]

Ghost in the Shell is a terrifying vision of Western-Globalized Japan

People have criticized the Ghost in the Shell adaptation by Hollywood as a whitewashed movie. However, i see there is a sinister message behind the move that seems good for Westerners and bad for Japanese. The movie isn’t an entertaining one but it is a prophetic vision. Most Hollywood movies have social and political commentaries that send messages for wisest observers. As a long time observer of Japan, I realized the message. The movie doesn’t simply speak against the wrongness of transhumanism unchecked but it also revels the gospel of globalist capitalism.
In the movie, you see the Neo-Japan as an exciting place for international players of all kinds. It’s a world financial hub. In today, Japanese neoliberals are trying hard to turn Japan into London.
https://asia.nikkei.com/Editor-s-Picks/Interview/Suga-Tokyo-can-be-global-financial-hub
This seems all good but people of UK weren’t happy when the Iron Lady demolished British economy for American corporations. The UK is increasingly getting poorer and on verge of collapse after Brexit.
https://www.bloomberg.com/news/articles/2020-12-05/the-cost-of-failure-what-s-at-stake-if-brexit-talks-collapse
London became the world capital for crooks and global elites, while British people don’t see any benefit. This is what Japanese cronies want to bring into Japan.
https://english.kyodonews.net/news/2020/12/d8928a66c1ed-casino-winnings-by-nonresident-foreigners-to-be-untaxed-in-japan.html
They already think of destroying the Japanese economy through allowing massive tax breaks for foreigners. Exactly like what Tories in the UK did.
In the movie, you see all people of non-Japanese backgrounds. There are very little Japanese people in the movie. What happened? Population displacement, as Tokyo is too expensive for Japanese people to afford, while rich foreigners can. This movie is parallel to the real world cases where massive foreign capitals ruin local lives. Djibouti is a cautionary tale of massive foreign capitals creating more inequalities and ruining local businesses.
http://hdr.undp.org/sites/all/themes/hdr_theme/country-notes/DJI.pdf
The case of Japan is no different today. Japan suffered three great economic recessions and got deteriorating conditions each time. Japan, similar to Thailand, has wage stagnation due to a deflationary economy. This means that everyone can no longer become rich in the long run if they work within Japan since their wages keep falling. It’s good that an appreciated currency can increase your buying power (if you have a lot of money already); however, it killed growth. Like Thailand, Japan has no choice to seek a service economy that caters for tourists as a way to accumulate more USD.
https://www.nippon.com/en/japan-data/h00646/amp/
This was the original plan for the Olympics 2020 which failed miserably. As Japan gears towards service economy, real estates become sky high as foreigners purchase them.
https://japan-forward.com/chinas-wealthy-out-to-buy-japanese-ryokans-that-suffered-losses-during-pandemic/
https://www.scmp.com/lifestyle/travel-leisure/article/3011062/private-equity-funds-pour-money-hot-spring-resorts-japan
As a result, Tokyo to Osaka see many expensive real estate assets that are mostly owned by foreigners. Japanese locals can’t afford the rents, and they now migrate to the countryside.
https://www.weforum.org/agenda/2020/11/japan-tokyo-cities-city-countryside-pandemic-coronavirus-covid-19/
All of these have been symptoms that we saw in London and San Francisco. Japanese elites keep spinning reasons but we know the answers. The movie portrays a future where Japanese people are either kicked out of Tokyo or stucked in caged apartments to make rooms for foreigners.
The biggest theme of the movie is the rampant corporatism - a big critical theme in the movie. However, the movie merely points it at the foreign corporations who are villains in the first place. All corporations in the movie are foreign and operated by the West. There is little to no Japanese. Today, it’s the trend in the Japanese corporate world as more companies get acquired by foreigners. These foreigners do not give a damn about Japanese people.
https://www.ft.com/content/bdf8abd2-f84c-11e3-a333-00144feabdc0
It’s all about the mighty dollars for the Globalists, not the nation.
https://www.nytimes.com/2019/08/25/business/nissan-ghosn-lawsuits.html
Now, it’s much worse for Japan as the foreigners figured ways to skiffle Japanese sovereignty for profits. These foreigners can control Japan without even calling the US government.
https://www.bloomberg.com/opinion/articles/2020-12-11/masa-son-s-softbank-takes-to-discipline-from-paul-singer-s-elliott-management
https://asia.nikkei.com/Business/Business-Spotlight/Warren-Buffett-s-Japan-trade-The-changing-world-of-sogo-shosha
https://www.ft.com/content/6e18f816-de9b-44d0-9541-1daf758a6c01
Now, it’s even much worse as their successes becoming more prevalent when Japanese power leverages wither with the rampaging pandemic.
https://www.ft.com/content/fc4ea0f4-d54e-4b59-ae4b-da2e32fce286
The movie sees many non-Japanese people around as well as Japanese cultures and thought don’t exist in the movie. Why? Globalism diluted cultures into a melting pot. Japan in the movie has become American. In real world, we already see this through massive efforts from Western NGOs and liberals trying to penetrate and disrupt Japanese archaic cultures. Not for Japanese people, it’s better for smoothing the process of Globalism where any foreigner in Japan won’t be attacked by Japanese for being rich and different - like the Bakumatsu period where foreigners were attacked by local Japanese.
https://asia.nikkei.com/Business/Business-trends/Nike-shrugs-off-Japan-boycott-threats-after-controversial-ad
Nike simply shrugs off the critics from Japan because their globalist agenda has been succeeding after 1990s. Japan has lost all power leverages and become an open book for Westerners to freely manipulate Japanese consciousness.
————-
The movie is a prophecy of what Japan will be. An American territory for dark money and unfettered corporatism. All of these are now happening in Japan, and no one cares.
It stunned me to see how close the movie is to the current deteriorating situation of Japan and the rise of Western influences over Japan in negative ways.
submitted by ComradeCommissary to aznidentity [link] [comments]

Governor Sisolak Press Conference Recap 11/22

Sisolak Press Conference Recap
submitted by Saigonic to vegas [link] [comments]

THE NEXT ONLINE GAMBLING GIANT!! (Score Media and Gaming Inc)

Score Media and Gaming Inc
TSE: SCR
OTC: TSCRF
It's already common knowledge sports betting is big in the North American market - and will continue to generate tons of revenue as states continue to legalize sports betting. Canada is following suit. Legislation will be passed Q1 2021 and we're soon going to see an influx of CANADIAN online betting. Basically all of Canada uses this app exclusively for sports and it is starting to become more popular in the United States
submitted by willystocks to Canadapennystocks [link] [comments]

[Request] What percentage of the working population of Las Vegas work at the cities Resorts and Casinos, or do work that is related to them

submitted by LouisTheLobster to theydidthemath [link] [comments]

Gamehost (TSX: GH)

I wanted to share with the group some due diligence and speculation I have done around Gamehost (TSX: GH). I want to start by saying that this is not a situation where you urgently need to buy this right now and ride up a wave, there will be no rocket ships on this post and I strongly encourage you to perform your own due diligence and see if you want to buy this stock. This is an extremely low volume stock and if you rush to buy it, the price will go up far past the supply of sellers. I do not intend to pump this but only to get critique.
Gamehost is an owner and operator of 3 casinos located in Alberta, 2 hotels in Grande Prairie and a retail store rented to a liquor store near one of the casinos. The 3 casinos are: Boomtown Casino in Fort McMurray, The Great Northern Casino in Grande Prairie and the Deerfoot Inn and Casino in Calgary which they own 91% of currently.
As you probably guessed by these locations, the casinos are cyclical and make a lot of money when oil prices are up and go through downturns when prices are low and projects stop. All 3 casinos are not destination type casinos like you would find in Las Vegas where people come from all around to visit, but are very reliant on their local communities. The Boomtown Casino is the only casino in Fort McMurray and the Great Northern Casino is the only proper casino in Grande Prairie with a much smaller limited one in town. The Deerfoot Inn and Casino is 1 of 7 (yes, 7!) casinos in the Calgary area. It primarily focuses on the Southeastern portion of the city and the surrounding suburbs and still serves a market of about 200,000 people in just that area. All 3 casinos are also very focused on live events and have become gathering points for live events and nights out for their communities.
Although all 3 casinos have been affected by oil downturns all 3 communities they serve have much higher median income than the country as a whole. The casinos have remained profitable throughout the entirety of the oil downturn and despite a dividend cut in 2016 they have still paid a consistently strong dividend until the COVID-19 pandemic (more on this later). Grande Prairie’s economy is more focused on natural gas extraction which has been consistently profitable. Calgary as a major city does have a diversified economy as well which leaves just Fort McMurray to be the lone straggler in dealing with oil prices. No new casinos have been built in Alberta since 2006, which has left people still coming to the doors of the casinos regardless of the economy. All three cities have seen consistent population growth greater than 10% from 2016 according to Statistics Canada’s estimates which is far greater than the national average. People are still coming to these cities and are still making a fairly high wage compared to the average Canadian.
The second thing that has likely come to your mind is why casinos when they have been shut down during the pandemic? As the vaccine is currently being implemented the orders will not last forever. When the casinos have been opened even with reduced services, they have remained profitable and the management has responded by using the pandemic as an opportunity. They have been consistently buying back thousands of shares every day and cancelling them. If you look at their SEDAR profile you can see that they have not missed a single day to cancel at least 2,000 shares per day. Since the company had 24.5 million shares issued, they have bought back about 1-2% of the float so far which has made the stock even harder to buy on the open markets due to the lack of volume. They have also been approved to expand the operations of the Deerfoot Inn and Casino which should be completed by the summer. The insiders have followed by accumulating many shares in their personal accounts over this period of weakness.
In the third quarter of 2020 the company posted EPS of 12 cents per share down from 16 cents a year ago. Revenue was down to $4.9 million from $6.7 million. This is with severe restrictions and limitations on the amount of people that can come in the casino and what they can do. All live events were cancelled, table games were restricted and yet the company was still making enough money to buy back significant shares and improve their existing assets. The management has essentially channelled the dividend into making the number of shares decrease in a time of strong price weakness.
There is interest in this space since the largest casino operator in the country Great Canadian Gaming was acquired recently for almost double what they were trading for in the spring. Private equity firms have been looking into casinos as a post-recovery play. Unlike companies in airlines or movie theatres, these do not have significant issues staying profitable during intense downturns, they only become less profitable with a sudden surge afterwards.
I am speculatively buying this stock on the idea that as COVID-19 restrictions are gradually lifted there will be an awkward window where people will be back almost to normal within Canada and will have a strong urge to go out and do activities that they have been restricted from doing for months. At the same time they will be unable to travel internationally due to different countries having different vaccination schedules, planes still operating at reduced capacity with many airlines being in trouble and governments being reluctant to remove limitations abroad. This will significantly bring business to casinos and other live event focused businesses within Canada. I anticipate that in the 12 months past restrictions being lifted that the business will see a significant bump in EPS. They will reinstate the dividend and the share price will grow significantly. My personal price target is $12 per share but I could see it being anywhere from $10-$15 per share. This is without oil prices budging at all.
In the long-term the price will be cyclical based on oil prices unless they start diversifying geographically. It is extremely difficult to get a licence to open a casino, which leaves the company with the only option of acquiring other casinos. This is a possibility down the road but something I will look more into once I see a significant bump in EPS due to increased demand.
I do believe that in the current market with the price having barely recovered from the March lows, that the stock is a very good contrarian play in the 12-24 month range. Holding after that could potentially be risky depending on your own views on how the oil industry will play out and if the management has what it takes to diversify. Online gambling is an even longer term threat but since these casinos are focused on live events and have become a staple of the communities that they are in, this is not likely to be a threat for some significant time.
Please let me know what you think, feel free to criticize. If you guys like my analysis I could do more on other small or mid cap companies. There have been a few I have kicked myself over missing.
submitted by Shoopshopship to CanadianInvestor [link] [comments]

You can never escape cultists

This is basically the one general discussion I can find where people are actually being critical about cryptocurrency instead of blindly approving of it wholesale. I've dabbled in some of it, I don't think its entirely worthless- but its all gambling to me, no different than a night at a casino with disposable cash.
to hear the bitcoiners, its constantly attacked, but I'd sure appreciate being linked to even one other place like this, I haven't found one- and this is hardly the most populous place either. I am naturally suspicious of any topic when people are discouraged to speak negatively of it or to look at it from another perspective.
With that said, I'm not exactly a huge fan of modern economics as they are, and it seems everywhere else I do find that makes strong insights against crypto in articles also supports the pie in the sky MMT theories that will see us all starving to death while the stock market soars.
Anyway, I suppose this is just a rant. I can't speak critically about fiat without someone trying to sell me shitcoins, and I can't speak critically about crypto without someone ensuring me that infinite growth is definitely real.
submitted by Harmand to Buttcoin [link] [comments]

Sports betting in times of Corona. Here is your ticket to the moon. The next DKNG.

I'm basically quoting u/coinforce here. I discovered this gem, because of him and am already 14% plus since I bought. Thanks mate.
Alright nerds, gather round and listen closely. I've graduated to pennystocks chasing these juicy tendies while serving as an autistic prophet delivering good news to the retards and gambling degenerates in that sub.
"Alright u/Sweet-Zookepergame hurry the fuck up and give us the ticker you pumper"
This ain't a pump.
When I see the next golden ticket, I know when to enter with conviction and realize profits while some of you nerds decide to bag hold XSPA and downvote comments to make yourselves feel better.

Score Media and Gaming Inc. (TSE: SCR) (OTCMKTS: TSCRF)

What the fuck is this?
Score Media and Gaming Inc. empowers millions of sports fans through its digital media and sports betting products. Its media app 'theScore' is one of the most popular in North America, delivering fans highly-personalized live scores, news, stats, and betting information from their favorite teams, leagues, and players. The Company's sports betting app 'theScore Bet' delivers an immersive and holistic mobile sports betting experience and is currently available to place wagers in New Jersey, Color.
Key words for you nerds who can't read and have ADHD: SPORTS BETTING
It's already common knowledge sports betting is already big in the North American market - and will continue to generate tons of revenue as states continue to legalize sports betting. Canada is following suit. Legislations will be passed Q1 2021 and we're soon going to see an influx of CANADIAN online betting. Basically all of Canada uses this app exclusively for sports.
🚀 Let's take a look at DKNG and PENN this year 🚀
🚀 Share prices for these companies have gone up 300% already this year alone, and with more legalization coming through 2021, theScore is just beginning to scratch the surface and will follow suit.
🚀 TIMING: As vaccines begin to be distributed and the economy recovers, states are desperate for revenue and will be looking to ease regulations on sports betting. The more Sport games start promoting and reopening, the more these stocks will gain (especially with March Madness, NBA/NHL playoffs, etc.)
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🚀 Listen - I'm literally handing you a platter of gold here. If you understand this market, the trends and where actual revenues can be generated - then you understand the play here. Canada is UNTAPPED. This thing will pick up steam soon and will graduate from TSX/OTC and can be easily listed on the NASDAQ. Once that happens, Robinhood will have access and the sky is the limit. I'm not here pumping a fucking non-revenue generating, fuelled by hype only, and a company within an industry that I don't fucking understand.
-------------------------------------------------------------------------------------------------------------------------------
TLDR: BUY AND GET IN NOW.
Clearly, I'm on Interstellar's Endurance spaceship with TARS and CASE about to enter a wormhole that'll slingshot me into another galaxy... while most of you nerds are fighting to get on wooden sail boats. At the same time, I'm from the future telling Murphy Cooper (you nerds) how to find the tendies.
MURPHY'S LAW: WHATEVER CAN HAPPEN, WILL HAPPEN.
EDIT: FORGOT THESE 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
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submitted by Sweet-Zookeepergame to pennystocks [link] [comments]

Covid-19 Update for November 24: 1,115 new cases, 916 recoveries, 16 deaths + Announced Restrictions to Limit Covid-19 Spread

Data is taken from the Covid-19 portal and today's media availability by Premier Jason Kenney, Minister of Health Tyler Shandro, and Dr Deena Hinshaw. Minister of Eduation Adriana LaGrange, Deputy Minister of Eduation Andrew Courbold, and AHS CEO Verna Yiu were also present, but did not speak. Dr Hinshaw will be available every day this week.
There are currently enhanced measures in effect for multiple regions of Alberta. This link provides a quick summary of which ones are in effect for different regions of Alberta.
Top line numbers:
Value Current Change Total
Total cases +1,115 49,536
Active cases 13,349 +183
Cases with "Unknown source" 7,538 (88.0%) in last 7 days +168 (-1.6%)
Tests +13,617 (~8.19% positive) 2,141,346
People tested +5,871 1,426,119 (~330,350/million)
Hospitalizations 349 +20/+15 based on yesterday's post/portal data 1,652 (+31)
ICU 66 +4/+1 based on yesterday's post/portal data 298 (+5)
Deaths +16 (3x 60-69, 70-79, 10x 80+) 492
Recoveries +916 35,695
Spatial distribution of people tested, cases, and deaths (since yesterday):
  • All other values are compared with respect to yesterday
Zone Active Cases New People Tested Total New Cases Total New Deaths Total
Calgary 4,903 (+58) +2,501 576,317 +426 20,609 +0 186
Central 830 (+18) +558 122,306 +65 2,175 +2 14
Edmonton 5,991 (+512) +1,921 476,491 +541 19,692 +14 208
North 764 (+16) +615 136,174 +79 3,343 +0 44
South 640 (-15) +235 91,712 +31 3,559 +0 40
Unknown 75 (-31) +41 23,119 -27 158 +0 0
Spatial distribution of cases for select cities and regions (change since yesterday) (cities proper for Calgary and Edmonton):
City/Municipality Total Active Recovered Deaths
Calgary 17,106 (+367) 3,884 (+105) 13,053 (+262) 169 (+0)
Edmonton 16,311 (+427) 4,815 (+114) 11,306 (+299) 190 (+14)
Brooks 1,271 (+4) 46 (+2) 1,212 (+2) 13 (+0)
Lethbridge 886 (+4) 171 (-5) 708 (+9) 7 (+0)
Fort McMurray 626 (+17) 158 (+11) 466 (+6) 2 (+0)
High River county 600 (-1) 29 (-2) 564 (+1) 7 (+0)
Grande Prairie 444 (+2) 78 (-4) 362 (+6) 4 (+0)
Mackenzie county 428 (-1) 8 (-2) 409 (+3) 13 (+0)
Red Deer 425 (+12) 141 (+0) 284 (+12) 0
Medicine Hat 228 (+9) 103 (+2) 123 (+7) 2 (+0)
I.D. No 9 (Banff) 186 (+5) 152 (+0) 34 (+5) 0
Cardston county 156 (+1) 34 (+1) 117 (+0) 5 (+0)
Wheatland county 138 (+2) 23 (-4) 115 (+6) 0
Wood Buffalo municipality 100 (+3) 27 (+1) 73 (+2) 0
Warner county 98 (+1) 17 (+1) 80 (+0) 1 (+0)
Rest of Alberta 10,533 (+263) 3,663 (-37) 6,791 (+298) 79 (+2)
Municipalities with 10+ active cases is given at this link
Schools with outbreaks are listed online.
Quick numbers (since yesterday):
  • 65 schools are on Watch (+1)
  • 117 schools have 2-4 cases (+3)
Spatial distribution of hospital usage (change based on yesterday's post):
  • Hospitalization zone are where the patient is receiving care, not zone of residence
Zone Hospitalized ICU
Calgary 115 (+10) 16 (+2)
Edmonton 169 (+6) 39 (+0)
Central 18 (+0) 3 (+1)
South 25 (+0) 5 (+0)
North 21 (+4) 3 (+1)
Statements by Premier Kenney
Opening Statements
  • Pandemic is "once in a century" event that has affected everyone
  • Has received lots of heartbreaking/heartfelt letters and read some out of them in the meeting last night
  • Letters include concerns about family impacts and economic impacts, as well as the loss of life
  • Has phoned front line healthcare workers over weekend and sought out their advice
  • Has noted the hesitation of further restrictions before and focus on targeted measures. The vast majority of Albertans have worked to the guidelines
  • Spread is speeding up and is significant at long term care. We need to do "everything we can" to protect them. That requires dedicated work from the community
  • Must also protect healthcare system. Healthcare system is at risk, and Edmonton Zone is an example of the trade offs that now must be made. Other services will have to be put on hold if the trend continues, even with the spending in it
  • Measures below were not taken lightly. These are the "minimum restrictions needed" right now to protect healthcare system and avoiding widespread damage to livelihoods
New Measures
  • Declaring a State of Public Health Emergency in the province of Alberta
  • Series of mandatory measures also approved:
  • For social gatherings: No indoor social gatherings will be permitted in any setting and outdoor social gatherings will have a limit of 10 people
  • For funerals and weddings: 10 in-person limit and no receptions will be permitted
  • Social events have been one of the biggest driver of cases. Weddings and funerals are one of the biggest widespread drivers of transmission ("This is just a reality")
  • These social gathering restrictions are province-wide and can be subjected to fines
  • An emergency alert will be sent to all Alberta phones this week to make Albertans aware
  • Gatherings of worship services will be capped of 1/3 of Fire Code with mandatory masking if region is under enhanced status. This is now mandatory. This will be evaluated mid-December
  • Effective Friday, for regions under enhanced status, three temporary restrictions will be added at businesses and services:
  • (1) The following will be closed: banquet halls, conference centres, trade shows, concert venues, community centres. All levels of sport too, but must apply and have an approved exemption
  • (2) Retail businesses and services will be limited to 25% of occupancy limit
  • (3) Hair salons, personal wellness services, hotels, and professional services will be limited by-appointment
  • In-person dining and bars can continue, but must abide by guideline. Each dining tables will be limited to 1 household
  • Asking all workers that can work from home to do so. Government of Alberta will do so
  • These will be reviewed in mid-December
  • On November 30th, Grades 7-12 will end in-person schooling for 2020 and Winter break will begin December 18. In-person learning will be delayed until January 11, 2021
Closing Statements
  • Effective immediately, masks are mandatory in Edmonton and Calgary Zone
  • The measures are tough, but necessary to protect Albertans from a "crushing lockdown"
  • Knows this will be hard and encourages people to shop local
  • Will give a chance to review before Christmas
  • If the measures do not have meaningful impact, further restrictions will be made in December
Q&A - Announced Restrictions
  • Alberta has had some of the least stringent measures and highest cases rates. Is today's announcement that it failed? Why are we doing the "minimum"?: Thinks the response has been effective for a long stretch of time. Obviously an issue has cropped up in the past few weeks. Also notes a "chase after 0 [cases]" shutdown won't be the goal and that restrictions and interventions, in accordance with Charter of Rights, should be limited to minimizing infringement of rights to achieve a goal
  • How will you enforce gathering restrictions?: No "snitch line", but will be expanding enforcement officers (Level 1 and 2 peace officers) to enforce orders and writing the tickets (up to $1,000/person). Anticipates officers will see if obvious "large gathering signs" will be noticed
  • How is in-person dining not "indoor gatherings"? How do you feel about doctors recommending closing in-person dining?: Notes dining is one household and limited spread in dining centres and asks those with a secure paycheck ("particularly a government paycheck") to think about those who sink life savings in dining services
  • Why are stores being restricted if they are not a significant cause of spread?: Compares well to other provinces who have fully closed retail. Thinks it was a grave mistake to allow big box stores to remain open because they had grocery/pharmaceutical sections while small businesses must close. That said, restrictions must be made to limit social spread
  • Due to challenges with Albertan spread information, what data is being used to make the decisions?: Points to data from previous 8 months
  • Are you confident that these measures will control cases by December 15?: Yes. Notes the challenging balance between infringement of rights and controlling cases. Also hopes this will be a "wake up call" to those not following the guidelines
  • (Interjection - I felt this was important and it needs to be separated from the above question). Kenney recognizes he will get quite a few people "on [his] Facebook page" angry at the restrictions. Wants to emphasize this is not a lockdown. Nor is this an abstraction. If you know someone waiting for surgery, this is to protect them. It's not about politics, but for them. It's not something he wants to do and is upset about the situation. But it's not enough to complain. Challenges people to explain how to grapple with timely healthcare access if Covid continues to spread and more need care
Q&A - Future Restrictions
  • How bad will it have to be to announce a lockdown?: Would like to avoid it if possible. Key metric will be hospitalization (in particular, ICU), measured against capacity. (Interjection - The wording of the rest of the response was focused on more targeted measures if these restrictions do not limit spread within 3 weeks)
  • Are there specific thresholds for lift measures/add more measures?: On 15th of December, reproductive value (R) must be <1 to lift measures. Ideal target is 0.80. We are currently at 1.3 in Edmonton, 1.1 in Calgary
Q&A - Other
  • Where is Alberta when it comes to vaccine and rapid testing?: Alberta depends on the federal government. Notes disappointment in the slow roll out of rapid testing (though 577,000 tests have been delivered). Hopes to announce more roll out details in the week. For vaccine, Oxford trial has also headed to mass production (giving Canada 3 incoming vaccines). When it arrives, will likely begin with healthcare workers and vulnerable populations
Statements by Minister Shandro
Further details on the above guideline
  • Indoor social contact should be limited to you household. If you live alone, you may have two non-household social contacts
  • Indoor social gathering gatherings doesn't apply to home based services
  • Funeral/wedding gathering limits can result in $1,000 fine, up to $100,000 through courts
  • Additional details for restaurants/bars/pubs/lounges: Must follow 4 points: (1) 6 person/table limit, all from one household, (2) same note as above for single person household (and limited to the same two people), (3) only seated eating/drinking allowed, (4) no other services are allowed (e.g. billiards/darts)
  • Encourages takeout/delivery/curbside pick up when possible
  • Enhanced screening of measures will begin
  • Retail services extends to bingo halls, fitness, pools, etc. No group fitness is allowed, nor team practice or games
  • Casinos can be open for slots only and follow the liquor laws of bars and casinos
  • 25% limit includes grocery, pharmacies, clothing, computer, hardware, automotive stores, etc
  • Doctors can continue in-person care
  • Diploma exams will be optional - parents may choose to seek an exemption
AHS Capacity
  • Working with AHS to expand capacity
  • Commits that AHS will have all the resources needed to respond
  • But AHS also needs people to change their behaviour
Statements by Dr Hinshaw
Numbers
  • Dip in case number was due to fewer tests
  • Active Alerts/Outbreaks (1+ active cases) in 318 schools (~13%), with 1,135 cases. 181 schools with outbreaks (2+ active) with 65 on watch list (5+)
  • 103 deaths in last 2 weeks. Of them, 62 were in continuing care and 12 in acute care. Of the 29 community deaths, 14 were <70 years old
Additional information will be logged below:
submitted by kirant to alberta [link] [comments]

+3000% in 2020... My Journey to the Golden 7 Figure Mark

+3000% in 2020... My Journey to the Golden 7 Figure Mark
Hey Folks,
My first ever Reddit post and I guess I chose to make an essay of it. This post is about how 2020 has been a stellar year for me in the stock market. For context, I'm 32 and have a been trading for about 7 years. I started in 2013 with stocks and then in 2016, I switched to options trading which had disastrous consequences at first, but is also the reason I eventually managed to hit the million dollar mark. Disclosure: I have a pretty stable career completely unrelated to the finance world so a lot of this is mostly self taught, which I am sure is also the case with most readers :)
I will preface this post by saying that I am aware that there have been a bunch of success stories in the market in 2020 and by no means do I intend for my excitement and elation in sharing my story to come of as chutzpah. 2020 has been a crazy year considering the adjustments we have had to make to our lives because of Covid. The "benefit" of this has been the ability to wfh and this lifestyle change has spawned a whole new population of day traders. As an inhabitant of an area that follows Pacific Time, the 2.5 or so hours before work officially begins has been an absolute blessing for me. This additional time coupled with super favorable market conditions, gumption/balls of steel and a good technical understanding or experience of the stock market are the factors that probably led to my success. I will also say you need A LOT OF LUCK in this process. Sometimes things just work out for you in life and you ABSOLUTELY need that to even come close to achieving something like this.
Point to note: This post is going to ignore the injection and removal of some of my own funds along the way. You can assume the highest "baseline" amount I ever had in the account was around 140k. I mention starting at 11k but please note in no way is this post saying I went from 11k to >1 million.
Here's this year's action and the next few images summarize/document my crazy journey to get to this point.
BOOM portfolio as of 10/1/2020. 3000%. You can do it too!
I started trading 7 years ago. Mostly stocks. It was all good but humans have a propensity for risky behavior and I am human after all. This tendency meant that I couldn't just let my money sit in an account and grow gradually. I will admit I have a gamblerisk taker mentality and you must realize how critical this characteristic is to achieving success like this. Anyway, started dabbling in options in 2016 and I probably went about it the wrong way. My first foray into the options space was via long calls (which I realized later is actually only recommended for Options "Veterans" and not for those starting out as novice traders). Got burned A LOT along the way . I start with 11k in 2015ish and built that to about 39k by May 2017 and then literally lost more than 50% by 2019. Yuck! I know. Trust me there were days I would hate myself for being so incompetent or just displaying terrible money management. For this post, let's assume you only start seeing the action from Jan 8 2016 (image below)

The starting value here is reflected as ~100k
It's not so obvious anymore because the scale has been affected massively by the spike this year. But for clarity, my lowest point was Sep 2019 (See image below). I was heavily leveraged and this was where I was basically ready to give up. Thank god I didn't. So what changed? Read on!

https://preview.redd.it/l5ugxjuhuiq51.png?width=566&format=png&auto=webp&s=032d472e0e912f43b35547214eacdae371870311
So in retrospect, I think we were in a very bearish environment between 2018 and 2019. People don't reference it as a bear market because lots of stocks did climb in that period (and it technically wasn't a bear market) but the tariffs on the Far East really messed with a lot of trading strategies and just market movement in general. My favorite stock in the early part of wealth building was AMD! I used that to build my portfolio and get out of the rut, post 2019. I basically took all my 80-90k (46k + 100% margin) and bought long AMD calls with strikes very close to the market price it was trading at in June-Sep 2018 and expirations 4-6 months out and just waited. POTUS did us all a great favor by ending the damn tariffs and that's when this party started.
By March 2020, right before Covid, I hit 292k or so and was loving life and every minute of what I had pulled off. I will admit somewhere along the way between Oct 2019 and March 2020, I had traded NVDA and a few other large cap growth stocks given I now had all this additional purchasing power. BUT Guess what? My dumbass didn't take any profit! Or if I did, I reinvested it into the market. Remember what Mathew Mcconaughey's character says in WoWS? " They're all f**ing addicted. As brokers, we take their money out from 1 stock and dump it in another and just keep making money. Who cares about the investor!" .... So anyway, Covid strikes and BAM! my portfolio fell back to around 105k. I was pissed (I am sure many of you suffered the same fate). Thankfully, we have had a V shaped recovery (or K depending on what your political affiliation is) and I basically used the next 6 months from March till today to supercharge my portfolio to what you saw in the first image.
So here's what I learned along the way:
Disclaimer: None of what I mention in this post should be taken as financial advice. I accept no responsibility for how you do/do not use this information in your own trading strategies
  1. The power of compounding is a beautiful thing. People understand this but don't full appreciate what this can do for you. If you start at 10k, you should aim to get to 20k first before trying to fly to 100k. When you get to a 100k, make sure you don't lose a single cent and have to start again from scratch. 100k with 100k margin = 200k. That can get you an ROI a helluva lot larger than if you were to start with 10k again. Grow your money in steps but know that in the casino, to win more, you have to bet more, which in this case would be your new principal amount after you have made profit.
  2. Don't waste time trading rubbish. I see lots of new investors chasing the dollar stocks hoping they reach $10. Yes I did it with AMD but when I started trading AMD it had already gone from $3 to $16 in a year so the story was starting to build up! Penny stocks/pink sheet stocks are trash. Please don't waste your time on that. Large cap growth is the best way to make money. It's all about %. One option of TSLA or NFLX or AMZN purchased at the right time will make you a lot more than 1000 shares of a trash penny stock.
  3. Technical Indicators are your friends. Learn how to use them, particularly in a bull market. I personally love Bollinger bands and RSI. These coupled with understanding the trend in a market will give you a significantly higher chance at making money than just speculating. Also, use these to either take profits off the table or to let your winners ride. 95% of all price action takes place within the +/-2 sigma bollinger bands(hence the definition). Don't believe me? Plot the chart yourself. Use the daily indicator for short term trading. Use the 3min or 5min chart for intra day trading.
  4. If you are interesting in options trading, please go read or watch YouTube videos to understand how to get started. There is SO MUCH LITERATURE available for free. DONT PAY ANYONE to learn how to trade unless you want to contribute to the downpayment for their next Aston Martin :). Also, the Greeks didn't just give us great Mediterranean food, they are also the most important parameters in options trading. Delta and Theta should be with you at all times but dont' ignore gamma and vega. Alos understand how IV impacts your trading. The most successful/profitable strategy for me was (once I learned to do it correctly of course), buy call/put options with expiration>=2 months from the day you purchase them at a strike very close to the money. Don't worry about straddles and iron condors till you have mastered what the basics mean. Also, once you understand options and start buying them, know that writing Calls and Puts is a great way to collect premium as you grow your account. If you own shares, there's no reason you shouldn't be collecting extra income from writing calls against them. If a stock flies up too high, sell puts at 10% below the current price. In a bull market, you'll be hard pressed to find a growth stock that doesn't recover after tanking 10% in a 2 month time period.
  5. Margin is your friend. Think of margin as the mistress/boy toy. He/She can give you unreal levels of pleasure but if he/she rats you out/bails on you, RIP. Use it wisely. Finally, trust nothing but your own instinct - No one but you is responsible for how you grow your account. Don't blindly follow people unless you understand what they are proposing. Most of us learn this the hard way (including me).
  6. Take profit off the table but also let your winners run! Set yourself targets when you are in the very early stages of building your wealth. Remember the point I made about compounding? If you start at x, and make 20% on that, you are now at 1.2x. If you make 20% on that, you are now at 1.44x. I know you want to make 8x eventually but is it better to be realistic and try and grow 1.44x to 8x or go back down to 0.5x and then have to make your initial capital back and more? If your winners are up 20%, TAKE YOUR PROFIT. If you want to let it run, fine go ahead. But if you are now suddenly 50%, wtf are you waiting for? Are you going to stare at the screen hoping you suddenly see $1,000,000? That's not going to happen. Now, that said - in the current market climate which is a SEARINGLY HOT bull market, it is not unreasonable to see stocks climb 5-10% in a day. So? Take advantage of that of course but never ever let FOMO be the reason you lose out on profit.
  7. Much like point 6, realize that you need to cut your losses when things don't work out. Go check out the CANSLIM method for some guidance on what targets to set yourself. E.g. in your early stages set tell yourself that no matter what, you will take profit at 20% upside and cut losses at -10% downside. On paper, with this math you can never lose. Of course, executing this requires curbing 10 different stages of human emotion which is why most never make consistent profit in the stock market.
  8. Be greedy when others are fearful. I am at a stage now where I LOVE RED DAYS. Why? Because I know that in 24-48 hours the large cap growth stocks are going to recover and I will basically make close to 100% gains on my initial investment. Don't chase when others are chasing. Most of retail doesn't know wtf they are doing. Keep cash handy for days like this. Never be 100% invested with your entire portfolio and never be invested in a single stock unless you are very very sure based on technicals that you will see a rebound. And don't be scared to hit the buy button on a red day. Trust me, once you see it work you will instantly feel vindicated.
  9. Finally, and most IMPORTANTLY. The risk taking mentality/gambler mentality is CRITICAL to making money. You won't hear this much and it might even be a controversial statement to make but your end goal should be to place a bet on a trade which you know, based on experience, will have a favorable/profitable outcome in the near future. To execute this you need to have the guts and the belief in what you are doing but also very low aversion to risk. I will add again that YOU NEED A LOT OF LUCK and a brazen assurance in your own abilities. These will come with time and you will likely make lots of mistakes along the way. But, if you are patient enough, you will reach that level where you stop second guessing your decisions and that's the day you are on your way to your dream portfolio.

Okay, I could probably write much more and I might edit this again in future but I will stop here for now. I hope you were able to take something from this. I respect your opinions so feel free to disagree with anything, everything I have said. I am just sharing my story and always happy to hear yours too!
Good luck folks. I hope you all make boatloads of money and have very happy, enjoyable lives regardless of whether you are motivated by money or not!
-Phantas

EDIT:
Thanks for the comments everyone. I appreciate both the love and the hate. Many of you make excellent points and valid arguments both for and against what I have done.
I saw a few posts about how this might be fake. I understand that this is my first post and so it does create some doubt. Video proof below for those who had concerns on the legitimacy of the screenshots. I apologize in advance for the disparity in the numbers. Due to this morning's gains, the portfolio value in the video is significantly higher than when I made this post.

https://reddit.com/link/j3fx2video/dteq0s1njpq51/player


submitted by Different_Kick_3561 to wallstreetbets [link] [comments]

Governor Sisolak Press Conference Recap 11/22

Sisolak Press Conference Recap
submitted by Saigonic to LasVegas [link] [comments]

DraftKings (NASDAQ: DKNG) - Deep Dive Research

Hi everyone! I am working non-stop provide the best research and analysis regarding DraftKings (NASDAQ: DKNG). I originally posted my overall investment thesis on the company a few weeks back and now I am breaking down and analyzing the latest news and developments regarding DKNG! And no, it is not the ticker symbol for Donkey Kong.
DraftKings in my opinion, is the best pure play investment if you want some exposure to the sports betting, iGaming, and daily fantasy sports space. They're founder led (3 founders to be exact) and they're invested into the company themselves right alongside all of us shareholders or potential shareholders.
Within the last week, there has been some exciting developments regarding DraftKings. I will share them below:
DK Gift Cards Are Live! You can buy a DK gift card as a stocking stuffer for Christmas if you want.
I’m really excited to hear this news. It’s only going to increase the brand awareness of DK and that’s what we want. According to the press release on DK’s investor relations website, they’ve partnered with InComm Payments to facilitate the launching of the gift cards. InComm payments is a global leading payments technology company that has a network of retailers that DK will be able to leverage through this partnership. Convenience stores like 7-Eleven, Speedway and Dollar General are just some of the many convenience stores in Incomm Payments’ network that DK will be able to leverage. For now, the gift cards will be offered in $50 and $25 denominations.
The great thing about this to me is that they’ve beat their competitors to this. That shows managements initiative and ability to get things done which I complimented when I first picked this company. As of right now, you’re not going to be seeing any “FanDuel” (boo FanDuel *thumbs down emoji*) gift cards in the stores. Tim Richardson, the Senior Vice President at InComm Payments was quoted as saying “DraftKings will benefit from having its brand present in tens of thousands of Incomm Payments’ retail partner locations across the US”. Overall, good news for DK.
New York State – Getting desperate? Do they need some online sports gambling revenue?
I want to make this clear before I write about this topic – sports betting is already legal in New York state. The problem is, it’s only legal in brick and mortar (retail) locations. Just under a dozen upstate casinos can operate brick and mortar sports books at the moment. In typical DK fashion, they’re already active in a casino in New York State. DK offers in person brick and mortar sports betting through the Del Lago Resort Casino in Waterloo, NY. My news update I’m sharing is that it appears New York state might be considering expanding to online sports betting too due to a budget shortfall they’re experiencing (they need more tax revenue).
This news came out on Wednesday, 12/16/20 during the day time. Governor Cuomo had a press conference during the day. The press conference was primarily focused on giving an update on the COVID-19 pandemic in New York state. During the presser, the topic of New York state’s budget shortfalls came up. As a possible financial solution, Cuomo said “Are there other ways to get revenue? How about marijuana? How about sports betting?” He’s referring to the possible tax revenue that could be collected if sports betting offerings were expanded beyond just the brick and mortar offerings. What if every New Yorker could place a sports wager from the comfort of their own home on their cell phone?
The battle for legalizing online sports gambling in New York has been going on for years. Governor Cuomo has always been opposed to it. One of the reasons Gov. Cuomo has cited in the past is that he thinks a constitutional amendment would need to be made to New York state law to allow for mobile sports betting in the state. However, one state representative from New York that has been pushing hard for online sports gambling begs to differ. In response to Cuomo’s comments in the presser earlier that day, State Senator Joseph Addabbo said that there would be no constitutional problem with mobile sports betting because the servers could be placed on site of grandfathered in physical casinos. Addabo said that New York state’s need for revenue is “real and immediate”
This is a situation to keep a close eye on. The impacts of legalizing mobile sports betting in NY would be substantial for DK as it would open the population of 20 million people in NY state the opportunity to place wagers on the DK Sportsbook app through the comfort of their home. I imagine it wouldn’t be too difficult for DK to mobilize once they get the green light for mobile betting as they already have the standing relationship with Del Lago Resort Casino for in person betting.
The Michigan Gaming Control Board (MGCB) granted DK a provisional license to conduct online gaming and sports betting in the state of Michigan
For this update I also want to be clear – retail (brick and mortar) and mobile sports betting are already legal in the state of Michigan. It’s just that there’s a lot of yellow tape for Sportsbooks like DK to navigate within a state even after sports betting has become legalized. This provisional license provided by the MGCB was provided to DK and 14 other sportsbooks (including rival FanDuel) on Thursday, December 10th last week.
Now there are just a few more regulatory requirements that DK has to meet in the state of Michigan before they can go live. According to http://www.michigan.gov, “Before launch happens, the platform providers must complete additional regulatory requirements including independent testing of platforms and games and MGCB approval of their internal controls, which ensure gaming integrity. The firms also must secure occupational licenses for certain employees.” You can read the full article on Michigan’s government website here.
Knowing that DK has a knack for being quick to mobilize once they’re given opportunities in respective states, I fully expect them to pass these last few tests with flying colors. The DK Sportsbook app has already been available in the state of Michigan for “free to enter” games. Once they pass the last few requirements, actual wagers will be allowed to be placed. And money will be allowed to be made!
Another promising sign coming out of the state of Michigan, is that on November 30th, 2020, DK became an official sports betting partner of the Detroit Pistons, the NBA basketball team in Michigan. DK Chief Business Officer, Ezra Kucharz, was on the record after the deal closed saying “As our first professional team activation in the state of Michigan, we are thrilled to join forces with the Detroit Pistons ahead of our pending market introduction”. In my opinion, I anticipate we’ll be seeing DK online sports betting in Michigan some time in early 2021.
This concludes my update and analysis on DraftKings.
TL:DR
submitted by Historical-Comment36 to investing [link] [comments]

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