Nevada casinos, particularly those in Las Vegas have always been the bellwether of the gambling industry. If Nevada is doing well, it’s likely that the rest of the business is doing well, too. If Nevada casinos are struggling, like they were in 2008, it’s likely that casinos all over the world are hurting, too.
That’s why a recent announcement from Nevada Governor Steve Sisolak boosting Nevada casino occupancy from 25 percent to 35 percent is something of a big deal. Even better, officials in Nevada are hoping to have all of their casinos back to 50 percent capacity by the March 15.
Sisolak is hoping the the increased casino capacity will help convince travelers, particularly business travelers that Nevada is open for business. His dream will get a pretty big test when the World of Concrete, a construction industry trade show, heads to Vegas in June. It’s the first big convention in the city since early 2020.
He expounded on the idea in a recent speech that was well-received by casino industry insiders. In a statement to the Las Vegas Review-Journal, Nehme Abouzeid, president and founder of hospitality consulting group LaunchVegas LLC praised the speech saying, “This was a ‘light at the end of the tunnel’ address.I think it would have been politically unpopular if he had just extended the pause for another month, especially as numbers are going down, vaccine rollout has begun, and a more COVID-focused administration is in Washington.”
But others in the hospitality industry weren’t quite as impressed. At least one observer pointed out that 50 percent capacity was still pretty debilitating and that baby steps just wouldn’t cut it on the road to recovery.
Tags: Nevada, US gambling news
สล็อต คาสิโน ออนไลน์
คาสิโน ฟรีเครดิต 2020
เกม คาสิโน ปอยเปต…
สุดสัปดาห์ที่ยิ่งใหญ่ในพรีเมียร์ลีกอังกฤษแชมป์ลิเวอร์พูลแพ้เป็นนัดที่สี่ติดต่อกันที่ “แอนฟิลด์” ซึ่งเป็นซีรีส์ที่ไม่ได้เกิดขึ้นมานานถึง 98 ปี ในเกมอื่น ๆ เชลซีล้มเหลวในการเอาชนะเซาแธมป์ตันในขณะที่ลีดส์อ้างว่าพวกเขาถูก “ปล้น” หลังจาก “อีควอไลเซอร์” ของแพทริคแบมฟอร์ดถูกส่งไปที่โมลีเน็กซ์ทำให้เจ้าบ้านของหมาป่าสามารถแซงคู่แข่งในตารางได้ เมื่อวันอาทิตย์ที่ผ่านมาเวสต์แฮมเอาชนะท็อตแนมฮอตสเปอร์ในลอนดอนดาร์บี้ด้วยกิจกรรมทั้งหมดในขณะที่เลสเตอร์ซิตี้เป็นราชาแห่งมิดแลนด์เมื่อพวกเขาเอาชนะแอสตันวิลล่า เริ่มต้นด้วยการทัวร์ชม “แอนฟิลด์” โดยละเอียดที่ตกใจกับกระสุนที่ลิเวอร์พูลต้องสูญเสียและบาดเจ็บที่เป็นอันตรายจนทำให้ความทุกข์ยากทวีความรุนแรงขึ้นในคืนวันเสาร์ เจอร์เก้นคล็อปป์ผู้จัดการทีมลิเวอร์พูล 0-2 เอฟเวอร์ตันต้องสงสัยว่าจะเกิดอะไรขึ้นต่อไปโดยกัปตันจอร์แดนเฮนเดอร์สันได้รับบาดเจ็บที่กล้ามเนื้อและเพิ่มห้องรักษาที่ยุ่งอยู่แล้วในเมลวู้ดสนามฝึกซ้อมของลิเวอร์พูล เมื่อเวอร์จิลฟานไดจ์คยังคงออกมาเป็นเวลานานด้วยอาการบาดเจ็บระยะยาวเอโลเอลมาติปก็ไปในลักษณะเดียวกันเมื่อเร็ว ๆ นี้และอลิสันก็หายไปจากคาถาในช่วงฤดูกาลนี้จะทำลายการล่มสลายของนักวิ่งขึ้นในพรีเมียร์ลีก 6 ได้อย่างง่ายดาย สถานที่ยังไถ่ถอนเฉพาะในปัญหานั้น แต่นั่นอาจจะผิดและตอนนี้มีหลายอย่างที่ผิดพลาดเกิดขึ้นกับเมอร์ซีย์ไซด์เรด สำหรับครึ่งสีน้ำเงินถือเป็นลีกแรกที่แอนฟิลด์ในสหัสวรรษนี้เนื่องจากเป้าหมายของริชาร์ดสันและซิเกิร์ดส์สันสมควรได้รับชัยชนะอย่างสบาย ๆ เอฟเวอร์ตันจะผลักดันเพื่อนบ้านระหว่างเมืองของพวกเขาให้มากที่สุดเท่าที่จะทำได้เพื่อให้มีคุณสมบัติสำหรับแชมเปี้ยนส์ลีกแม้ว่าอย่างน้อยก็ต่อสาธารณะคาร์โลอันเชล็อตติพูดถึง “กาแฟ” ที่ผ่านเข้ารอบยูโรป้าลีกเท่านั้น ดูเหมือนว่าลิเวอร์พูลจะมีปัญหามากมายอย่างถูกต้องเพื่อทำการแข่งขันในยุโรปในปี 2021/22 เนื่องจากมงกุฎของแชมป์เก่าไม่เพียงหลุดจากศีรษะของเขาเท่านั้น แต่ยังร่วงลงไปกองกับพื้นและพังลงมาเป็นพันชิ้น เวสต์แฮมยูไนเต็ด 2-1 ท็อตแน่มฮ็อทสเปอร์ลอนดอนอนุสรณ์ดาร์บี้ที่ลอนดอนสเตเดี้ยมขณะที่เวสต์แฮมประณามสเปอร์สถึงความพ่ายแพ้ครั้งที่ห้าในหกเกม เกมดำเนินไปอย่างไม่ดีเกือบตั้งแต่นกหวีดแรกขณะที่มิคาอิลอันโตนิโอทำประตูได้ในช่วงเปิดห้านาทีเพื่อนำแฮมเมอร์ไปข้างหน้า นั่นไม่ใช่การจบสกอร์ แต่เป็นประตูที่สำคัญที่สุดของเกมเนื่องจากทำให้ทีมของเดวิดมอยส์ทำร้ายสเปอร์สจากการโต้กลับ สเปอร์สต้องออกมาปรับระดับในครึ่งหลังและดึงดูดให้แกเร็ ธ เบลทำแบบนั้น แต่อีกครั้งการทำประตูแรกทำให้พวกเขาต้องเสียค่าใช้จ่ายมหาศาล เอริคไดเออร์ออกกฎตัวเองเป็นครั้งที่สองพิสูจน์อีกครั้งว่าทำไมเขาถึงต้องเป็นกองกลางมากกว่ากองหลังเสมอโดยปล่อยให้บทความลินการ์ดเต้นรำไปทั่วท็อตแนมฮ็อตสเปอร์และล้มกองยิงด้วยเท้าซ้ายโดยฮูโกลอริสที่ทำอะไรไม่ถูก มูรินโญ่ต้องการให้เขาอยู่เคียงข้างเพื่อทำหน้าที่และยังล่อให้ Dele Ali มาช่วย ในท้ายที่สุดการกระตุ้นการรุกที่เพิ่มขึ้นนั้นให้ผลตามที่ต้องการโดยมี Kane, Son, Bale, Ali และ Lucas Moura ที่ทำประตูได้ Moura กองกลางชาวบราซิลพยักหน้าให้ Bale สเปอร์สตื่นเต้นและตื่นเต้นกับการพยายามตีเสมอ แต่ไม่สามารถผ่านการแสดงการป้องกันที่น่าทึ่งของคลันไรซ์ได้และแฮมเมอร์อยู่เก้าแต้มตามหลังคู่แข่งในลอนดอนและมีเพียงแต้มเดียวตามหลังแมนเชสเตอร์ยูไนเต็ดและเลสเตอร์ในการเป่านกหวีดสุดท้าย แอสตันวิลล่า 0-2 เลสเตอร์ซิตี้เกมสนุก ๆ ที่วิลล่าพาร์คสร้างความสนุกให้กับผู้มาเยือนเนื่องจากแอสตันวิลล่าถูกทิ้งไว้โดยไม่มีแจ็คเกรลิชสำหรับการไปเยือนมิดแลนด์คู่แข่งอย่างเลสเตอร์ซิตี้ เป็น “สุนัขจิ้งจอก” ที่เข้ามาในเกมด้วยแรงกระตุ้นบางอย่างและพวกเขาขึ้นนำก่อนหลังจากที่ฮาร์วีย์บาร์นส์เล่นบอลให้เจมส์เจมส์เมดิสันและอดีตเพลย์เมกเกอร์ของนอริชซิตี้ส่งเอมี่มาร์ติเนซจากริมเขตโทษด้านหน้า แกเร็ ธ เซาธ์เกตโค้ชทีมชาติอังกฤษ เลสเตอร์ขึ้นนำเป็นสองเท่าในไม่กี่นาทีต่อมาเมื่อฮาร์วีย์บาร์นส์ซึ่งอาจเป็นผู้เล่นที่ดีที่สุดของเลสเตอร์ในช่วง 12 เดือนที่ผ่านมากลายเป็นผู้ทำประตู การยิงของเจมี่วาร์ดี้ทำได้เพียงแค่มาร์ติเนซและบาร์นส์เซฟไว้ 2-0 ในช่วงพักเบรก ครึ่งหลังใช้เวลาเพียงสี่นาทีเมื่อ Aston Villa หาทางกลับเข้าสู่เกมได้เนื่องจาก Bertrand Traore ฉลองการป้องกันเพื่อตอบโต้ด้วยศีรษะของเขา Casper Schmeichel ผู้รักษาประตูสามารถเข้าถึงบอลได้และฝ่ายเจ้าบ้านมีโอกาสสร้างโมเมนตัม ในขณะที่ Vi Villaa กำลังปรับระดับเลสเตอร์ไม่ได้สามคะแนนสำคัญและหากมีอะไรที่ดูอันตรายกว่านี้ ไฮไลท์ของเกมที่วิลล่าพาร์คสามารถพบได้ที่นี่: พรีเมียร์ลีกอังกฤษสัปดาห์นี้ # 25 ผลการแข่งขัน: หมาป่า 1-0 ลีดส์เซาแธมป์ตัน 1-1 เชลซีเบิร์นลีย์ 0-0 เวสต์บรอมมิชอัลเบี้ยนลิเวอร์พูล 0-2 เอฟเวอร์ตันฟูแล่ม 1-0 เชฟฟิลด์ยูไนเต็ด เวสต์แฮมยูไนเต็ด 2-1 ท็อตแน่มฮ็อทสเปอร์แอสตันวิลล่า 1-2 เลสเตอร์ซิตี้อาร์เซนอล 0-1 แมนเชสเตอร์ซิตี้แมนเชสเตอร์ยูไนเต็ด 3-1 นิวคาสเซิลยูไนเต็ด
The UK Betting and Gaming Council (BGC) is asking football clubs to refrain from discussing and promoting gambling on their social media sites in as part of an effort to avoid triggering problem gamblers. It’s move that may seem extreme to the layman, but will likely help keep UK gambling operators a step ahead of UK gambling regulators.
Guidelines for how football clubs should handle discussions of gambling were sent out by the BGC late last week and utilize a plea from 50 former gambling addicts to make the case. They pointed out that seeing their favorite club site promoting gambling caused them “distress” and “encouraged” them to place wagers.
As an effort to avoid these triggering moments, the BGC is recommending that football clubs refrain from promoting gambling operators or bonus offers and their “organic tweets”. This is a nod to the reality that gambling offers are ubiquitous on social media and that no one is really more than a click or two away from them on the internet anyways.
BGC officials sent a letter detailing the new code of conduct to 11 football clubs, as well as to social media operators.
In a statement reported on by SBC News, Brigid Simmonds OBE, Chairman of the BGC described the importance of the new standards saying, “Our members rightly have a zero tolerance approach to gambling by under-18s, so as an industry we are understandably concerned that children may be exposed to betting adverts on social media platforms. Our new guidelines make clear the standards expected of football clubs when they post gambling promotions on social media, and I look forward to them being put into practice as soon as possible.”
The BGC guidelines are not legally binding, but members of the BGC who wish to remain in good standing are expected to abide by them.
The post BGC ices gambling talk on football social media sites appeared first on .
สล็อต คาสิโน ออนไลน์
คาสิโน ฟรีเครดิต 2020
เกม คาสิโน ปอยเปต…
With millions of Americans out of work, the first sign of a recovery has to be in new jobs coming on the market. The tribal gaming industry is doing its part, with several operators posting new jobs in the past few weeks.Seneca Gaming Corporation has lots of jobs available at the Seneca Niagara Resort & Casino in Niagara Falls and Seneca Buffalo Creek Casino in downtown Buffalo. The operator will be hosting a job fair for open positions on February 25 between 10:00am and 6:00pm.“Even with the changes and challenges everyone has gone through over the past year, Seneca Gaming Corporation has remained one of the largest employers in Western New York, and we are excited to be growing our team across a variety of departments,” said Meghan Smith, Seneca Gaming Corporation’s vice president of human resources. “We truly believe that the time we spend at work should be rewarding, fulfilling and fun. That’s how we approach our jobs every day. If people are looking an opportunity in that type of environment, we are ready to talk to them.”Attendees can check out what’s on offer in person or virtually, but should be ready for an interview at a moment’s notice.On the other side of the country, the San Manuel Band of Mission Indians are also on the look out for fresh talent. That operator has more than 500 jobs to fill, with as many as 2000 coming for the rest of the year. They’ll be having their virtual career fair on February 18 from 9:00am to 4:00pm.“The expansion of San Manuel will offer an economic boost to the local job market at a time when it is really needed,” said Brigitte Saria, Chief People and Infrastructure Officer. “Our efforts to boost the local economy are guided by our commitment to ensuring our employment process and work environment follow leading health and safety standards.”The Chukchansi Gold Resort and Casino in Coarsegold, California are also hiring. The tribe is looking for 50 full-time and part-time positions, and will have a job fair on February 23 from 10:00am to 1:00pm.Add those jobs to the 150 that Oneida Nation Enterprises were offering as of last week, and there’s a lot to be hopeful for about the future of the economy, and particularly that of tribal gaming.Connecticut tribes close to new dealGovernor Ned Lamont wants sports betting in his state, and he needs a new deal with the tribes to get it done. He used his budget address to emphasize the push:“My administration has been in active negotiations with our tribal partners to bring the state’s gaming economy into the digital age. And I am submitting legislation which reflects what I believe to be the best bet in ending this stalemate of inaction in a way which is in the best interest [of] the entire state.”Construction resumes at Four WindsThe Pokagon Band of Potawatomi Indians’ contractor recently resumed building a hotel at Four Winds South Bend Casino. Construction slowed down significantly due to Covid-19.The new 23-story hotel was originally due to be completed this year. But with construction crews only working on the foundation now after a 10-month delay, maybe 2022 seems more accurate.
As Americans continue to weather the pandemic, the $2.3 trillion coronavirus relief and spending bill passed by the federal government in December brought an unexpected and lasting gift: a new national park.The 5,593-page spending package included a raft of provisions authorizing little-known projects — the construction of the Teddy Roosevelt Presidential Library in North Dakota, for one — and giving lawmakers a chance to advance a variety of long-delayed initiatives. Among them was the elevation of the New River Gorge, in southern West Virginia, to the status of Yellowstone, Yosemite and the country’s other most renowned outdoor spaces. The designation of the area — roughly 72,000 acres of land flanking 53 miles of the gorge — as a national park and preserve creates the 63rd national park in the United States and completes a multigenerational effort, started in the mid-twentieth century, to transform a tired industrial area into a national landmark.“Towards the end of this year, with these big bills coming down, I decided to strike,” said Shelley Moore Capito, a Republican and the state’s junior senator, who, along with Senator Joe Manchin III, a Democrat, introduced the New River Gorge legislation in 2019.“This was the right opportunity,” she said.A draw for rafters, kayakers and other outdoor enthusiastsThe gorge and its surroundings have been prized for decades as one of southern West Virginia’s more spectacular natural places.In 1963, the West Virginia House of Delegates passed a resolution seeking to designate the New River Gorge as a “national playground,” preparing to send the proposal to President John F. Kennedy, whose primary campaign was lifted substantially through support from West Virginia voters. But momentum to create a national recreation area stalled after Mr. Kennedy’s assassination later that year.Though the gorge remained a curiosity among rafters and outdoor enthusiasts, the area only received federal protection from the Interior Department in 1978, when it was designated a national river.Now, the outdoor offerings in the gorge have come to define the area as a premier destination for adventure sports in the East.The New River plunges 750 feet over 66 miles, resulting in long stretches of violent rapids that can reach a class five level, generally considered the most difficult that can be navigated by white-water boaters. (Licensed outfitters operate in several towns near the river, providing rentals and tours for rafting and kayaking.)The canyon walls, which soar as high as 1,600 feet, offer miles of cliffs that rank among the best in the East Coast for rock climbing. Sheer faces in the gorge made of robust Nuttall sandstone provide both traditional and sport-climbing routes across the difficulty spectrum.Bike routes are scattered throughout the park on both sides of the river, with options for both technical mountain biking and more casual pedaling along former railroad beds.A glimpse back in timeAccording to the National Park Service, geologists believe the New River — its name a misnomer used by early American explorers who often assigned the same name to any river they came upon for the first time — was a segment of the preglacial Teays River. This larger river, which traversed much of the current Ohio River watershed, was later diverted and broken up by glaciers. The age of the Teays is uncertain, but fossil evidence suggests it could be as much as 320 million years old, leaving its remnant, the New River, as quite possibly the second oldest river in the world.Beyond the millions of years of geological history on display, the gorge is also filled with signs of the region’s heritage as a major coal production hub.Miners once capitalized on the easy access to rich deposits of high-quality bituminous coal in the canyon, where the river had already shorn through hundreds of feet of rock. Especially after the Chesapeake and Ohio Railway linked the New River coal fields to markets in 1873, dozens of boom towns popped up along the river’s edge, thriving well into the 1920s.In 1963, a coal mine was still operating in the gorge, said Dave Arnold, a state tourism commissioner who operated a rafting company for more than 40 years.“In ’76 or ’77, if you were in my boat, we’d have been floating down the river and I would have been showing you, ‘here’s an old coal tipple, here’s the old hotel at Caperton, here’s this and that,’” he said.The demand for coal around the turn of the twentieth century was so high that towns existed every half mile along up the river, according to the Park Service. As the industry went into decline, however, by the 1950s many were already abandoned, leaving ghost towns scattered throughout the gorge. Additionally, logging during the late nineteenth century stripped vast portions of the gorge bare, clearing enormous swaths of virgin forest.The park contains the remnants of communities such as Nuttallburg and Kaymoor, which still stand near the riverbank and are accessible from points higher up. Seams of exposed coal are visible along some trails leading into the gorge and its towns, where abandoned mine portals and the foundations of coke ovens remain.Restoring an ecosystem with diverse wildlifeDespite the environmental degradation and pollution that industry unleashed, some unique ecological features make the gorge well-suited to a diverse combination of wildlife, which has slowly reappeared as time has passed.The river lies at the center of a migration corridor where plants and animals that typically range further north or south come together, including several federally endangered and threatened species, such as the Virginia big-eared bat and the Allegheny woodrat.According to Lizzie Watts, the park’s superintendent, the river itself is also notably warmer than surrounding areas, making it a popular warm-water fishing destination with more than a dozen public access points. The river is one of the premier spots for smallmouth bass fishing on the east coast, and muskellunge and walleye are common in the park today.“The next generation will have the opportunity to see what, in the last 150 years, it looks like when an area goes from being logged and mined to left alone,” Ms. Watts said. “The ecosystem has come back to full trees and mature forests.”As federal protections took effect after the Park Service began overseeing the area as a national river in 1978, wildlife has largely recovered, and many see an opportunity to showcase the region’s natural elegance.“To show off our rock climbing, our extreme sports availabilities in that area, is just really exciting,” said Ms. Capito of what she described as a “kind of wild and wonderful part of our state.” ‘The cream of the crop’The National Park Service, created in 1916, oversees more than 400 areas across the country, including national monuments, seashores and battlefields as well as parks, which together total more than 85 million acres.While the new title for New River Gorge does not fundamentally alter the area’s day-to-day operations, both lawmakers and the Park Service tend to view “national parks” as the crown jewels of the park system — a protection granted to some of the largest and most prized tracts of the country.“National Park status is usually considered like the cream of the crop,” Ms. Watts said. “But it really is just another one of those names.”The New River Gorge does not match the scale of many national parks in the western United States, where Death Valley, the Grand Canyon and Yellowstone sprawl over more than 1 million acres each.Nevertheless, officials expect the new designation to bring a substantial influx of travelers, boosted in part by a dedicated set of enthusiasts who strive to visit every national park.In typical years, around 1.3 million travelers visit the gorge, according to the Park Service’s tourism data. Based on studies of other areas that received national park status, Ms. Capito said she expects to see visitors increase by as much as 20 percent.“It does feel like the very beginning stages of transformation for the whole area,” said Becky Sullivan, the executive director of the New River Gorge Convention and Visitors Bureau. “I’ll be very, very interested to see where we are in about 10 years.”Maintaining the community and its favored pastimesAs unique outdoor attractions throughout the Appalachian region have gained more national visibility, some concern has grown over the idea of a wealthy and mobile set from out of state trampling the communities adjacent to these places.West Virginia remains the second-poorest state in the country in terms of median household income, according to data collected by the United States Census Bureau. And while tourism has brought a needed injection of wealth to areas all around the gorge, it has also changed the makeup of neighboring communities, as more people have come to visit the park or settle down near it.Interest in the natural offerings around the park has brought slow but measurable change for small towns nearby like Fayetteville. Officials say that the advent of remote work during the pandemic has only hastened a trend of properties in the area being repurposed for vacation rentals and outsiders snapping up second homes.“You cannot find a house for sale in Fayetteville, because they’re just in such high demand,” said Sharon Cruikshank, the town’s mayor. “So that definitely changed the budgeting of the town as well as the county.”When legislation was first introduced to designate the area as a national park, pushback came from some locals. Hunters have long enjoyed access to secluded sections of woods around the gorge, and with hunting prohibited in federal parks, some protested the potential loss of thousands of acres of hunting grounds.In a compromise, more than 65,000 acres of the total area were designated as a nature preserve where hunting can continue as before, and only roughly 7,000 acres directly within the canyon are officially off limits as national parkland. A provision was included to empower the park to acquire more than 3,000 acres of private land around its current boundaries as well, to expand the size of the preserve and add public hunting grounds.In a nod to tradition, the legislation also enshrines the right for visitors to continue to make use of one of the park’s most famous features — the New River Gorge Bridge — at least once a year.BASE jumping, an extreme sport in which jumpers parachute from elevated structures or cliffs, is banned in every other national park.But, since 1980, BASE jumpers have been permitted to plunge from the top of the 876-foot-high bridge and parachute down toward the river once a year, on Bridge Day, held one Saturday in October. The legislation designating the area as a national park allows that tradition to continue.As many as 100,000 people typically come to watch the jumpers plunge, according to Ms. Sullivan, providing a major boost for businesses in the region. The event has only been canceled twice, including last year because of the coronavirus.Bridge Day’s organizers advise jumpers that the only dependable way to touch down safely is to plan to land directly in the river. In normal years, hundreds do so, often multiple times that day, gliding down and softly hitting the New River’s waters.
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The entire concept of a “bull market in stocks” makes little sense. Sound crazy? These days, certainly, because we’re always hearing about a perpetual bull market in stocks. Valuations increasingly disconnected from economic reality, asset bubbles in one class or another, armies of speculators moving like zombie hoards descending on the next fad and blowing it up to infinity and beyond, Buzz Lightyear-like.Why is the whole concept of a bull market generally, nonsense? Because if the value of everything is going up simultaneously, then nothing is going up. If everyone is a superhero, nobody is. If, in an imaginary economy, absolutely everything costs, say, $5, (labor, land, capital whatever) and then the next day everything costs $10, then what’s changed? The answer is absolutely nothing.The only thing that matters is relative valuations between asset classes. Let’s divide them into three of the most basic ones. Equities (stocks), bonds (debt), and commodities (consumer goods). If all three are going up in tandem, then there is no “bull market” in anything. If commodities are going up faster than stocks and bonds, you have inflation, or even hyperinflation. Ask anyone in Venezuela whether they care that their stock market is doing great, nominally. They don’t. They’re looking for their next glop of gruel or morsel of moldy bread to survive the day.But if stocks and bonds are rising and consumer goods are static to falling, you have a bull market in financial assets. This is where we are now. And boy are we really hard and deep into it now. Below is the ratio of the S&P 500 to the CRB Commodities Index.And I’ve got news for everyone. This bull market in stocks relative to consumer goods in dollar terms is already over. It ended almost a year ago. On April 20, 2020 to be exact. Red circle blowoff top above. That was when oil crashed to negative $35 a barrel and we all lived in an alternative financial freakhouse universe. But I have more news than that. This entire “bull market” in stocks has been one gigantic illusion from the very beginning. Stocks aren’t going up. They haven’t gone up for 21 years. Money is going down. Here is the graph of stocks relative to the prime monetary commodity, gold, over the same timeframe above.We can see here that from 1990 to 2000, we had a real bull market in stocks. Equities rocketed in gold terms and in terms of consumer goods generally. Everyone felt richer. Portfolios up, expenses down. But since that time, money has been dying at an accelerated pace and the standard of living has fallen.The bull market in stocks over the last 21 years has been an illusion, a tiny echo of the bull that ended at the turn of the century. We have spent the last 21 years trying to reinflate it, but gold has exposed the lie. We are now at the point where the illusion is about to collapse completely. In my view, we have only a few months left until it all hits the fan. Until then, the bubbles will keep coming in staccato frenetic fashion, moving from one asset class to another faster and faster, until we all get so dizzy we can’t follow it anymore. Last week I speculated that maybe the next target for the zombie hoard will be in penny gaming stocks. I was close. It’s in Macau stocks. It may already have started two weeks ago. The frenzy has started over news about China opening up again. I mean, just look at this crazy chart of the Macau proxy ETF:That last surge higher is just since February 1. We could be at the beginning of a crazy but brief ride higher in Macau stocks right now. New all time highs again, and Macau isn’t even fully open yet. The latest full month statistics for December show a 78.6% drop in visitors year over year. And yet we’re at new all time highs in these stocks already. It’s just completely crazy. I can understand the Macau opening up again trade, but to argue that this factor is being priced in at these levels, at new all time highs? As if none of this full year shutdown hurt any of the casinos fundamentally at all? That’s just totally bonkers crazy. It’s a reflection of the value of the currency these stocks are priced in, not the stocks themselves.What’s happening is that the zombie hoard of bubble chasers is reading the headlines regarding China starting to open up again, and they’re slamming buy orders and call options like they’ve been doing with tech stocks and Gamestop and BTC and all the other fads. We just got news out of Bloomberg that China’s Imax had a face-ripping rally due to exploding ticket sales. China is, indeed opening up, and the zombie hoard of speculators is now going to spray their money hoses at anything Chinese. Macau might be at the center of it.How high can this Macau bubble go, if that’s what we just saw start two weeks ago? The truth is, it doesn’t matter. If you get into it, you’ll get hooked and keep levering yourself up, counting your paper gains, unable to separate from them until you get caught in a vortex. At some point, my view this year, it’s all going to come crashing down when all the damage from 2020 is finally revealed all over the world. You can’t paper it over forever. The damage to Macau casinos doesn’t just go away. It festers in the form of more and more debt, and a damaged consumer base that can no longer patronize casinos in the way it once could. Festering wounds need the paper bandage removed and they need to be operated on. That is painful. And it’s coming.When we think of the word “bubble”, what are we really talking about? A bubble is something that looks, from the outside, to be really big and stable. The shape of it, a sphere, is the most stable shape in the universe. It’s why planets, stars, moons, and possibly even the spacetime continuum itself, spontaneously shape themselves into spheres. The force of gravity equalizes at every point on the sphere, forming equilibrium. Nature always seeks equilibrium. And so bubbles take on the illusion of stability, but unlike a real sphere, there’s nothing inside them. When they pop, they are gone almost instantly. This one is about to pop. Macau appears to be the next victim sucked up by the bubble. Macau will survive and rebuild. The question is, in what form? I wouldn’t take a bet the depended on me getting the answer to that question right.
ด้วยชื่ออย่าง 40 Supreme Fruits คุณจะเข้าใจอย่างแน่นอนว่าจะมีธีมแบบไหน สล็อตนี้มีความไม่สามารถคาดเดาได้ปานกลางและ 5 วงล้อและ 4 คอลัมน์ของรูปภาพ สิ่งเหล่านี้เข้าร่วมกับ 40 วิธีในการชนะและคุณสมบัติที่น่าทึ่ง สรุปแล้วคุณจะเห็น Wilds and Scatters ทุกที่บนวงล้อและคุณสามารถเจอแจ็คพอตไดมอนด์และฟีเจอร์ Double or Nothing การเดิมพันและรางวัลเนื่องจากเป็นตัวแทนของสล็อตคลาสสิกคุณจึงตระหนักดีว่าคุณจะต้อง ได้รับการผสมผสานของภาพที่เหมือนกันเพื่อครองในเกมนี้ คุณจะต้องมีอย่างน้อย 3 สำหรับรางวัลที่จำเป็นทั้งหมด เป็นไปได้ว่าถ้าคุณได้รับ 4 หรือ 5 รางวัลของคุณจะยิ่งใหญ่ขึ้น ด้วยภาพที่โดดเด่นในชุดค่าผสมคุณสามารถยกระดับเกมขึ้นได้ในขณะที่พวกมันเรียกใช้คุณสมบัติคุณสมบัติสล็อต 40 Supreme Fruits ธีมยอดนิยมมีภาพที่คุ้นเคย ดังนั้นคุณจะเห็นส้มองุ่นลูกพลัมมะนาวเชอร์รี่และผลไม้อื่น ๆ บนวงล้อ ไม่ว่าในกรณีใดสิ่งเหล่านี้ไม่ใช่สิ่งเดียวที่คุณจะเห็น Wilds and Scatters จะปรากฏบนวงล้อเช่นกันโดยปกติ Wilds จะช่วยคุณในการเดินทางเมื่อทำการผสมที่ชนะโดยการแทนที่ภาพปกติ ในทำนองเดียวกัน Scatter สามารถช่วยคุณได้ด้วยการสร้างส่วนผสมที่ชนะเลิศเมื่อคุณได้ภาพอย่างน้อย 3 ภาพในการผสม ณ จุดนั้นมีคุณสมบัติแจ็คพอตไดมอนด์ซึ่งสามารถให้หนึ่งในแจ็คพอตในที่สุดก็มีเกม Double or Nothing ที่สามารถช่วยคุณในการเพิ่มรางวัลของคุณหรือช่วยคุณในการสูญเสียมันธีมและการออกแบบธีมที่รู้จักกันดีและ การออกแบบที่สวยงามควบคู่ไปกับคุณสมบัติที่ยอดเยี่ยมมีให้กับ 40 Supreme Fruits บทสรุป 40 Supreme Fruits ใช้สล็อตจาก Novomatic ในธีมผลไม้และมอบความบันเทิงมากมายให้คุณด้วย Wilds คุณสมบัติ Jackpot Diamond เกม Double หรือ Nothing และ Scatters
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Posted on: February 15, 2021, 10:16h.
Last updated on: February 15, 2021, 10:32h.
Read MoreNew York state Sen. Joseph Addabbo, Jr. (D-Queens), the lawmaker spearheading the push for the Empire State to embrace mobile sports betting, doesn’t just believe the state legislature will pass a bill soon to expand sports betting in the state.
New York state Sen. Joseph Addabbo Jr. takes part in a swearing-in ceremony for his seventh term last month. Addabbo is a leading lawmaker pushing to legalize mobile sports betting in the state. (Image: NYSenate.gov)He also believes the first bets could take place later this year.“I remain optimistic that should it be in the budget April 1st, with a little initiative, our state government can get it up and running by Sept. 9th, which is the first day of the NFL football season,” Addabbo told Casino.org in an interview.It’s been nearly three years since the US Supreme Court opened the door for sports betting nationwide. New York did take advantage and approve retail licenses for its four upstate casino resorts. In addition, Class III tribal casinos are also allowed to offer sportsbooks on their properties.However, analysts and observers point out that New York misses out on a significant revenue stream since it does not allow mobile applications.For example: According to the New York State Gaming Commission, the four retail sportsbooks in the state generated revenue totaling nearly $3.6 million in January. Over the same month, Indiana – a state with roughly a third of New York’s population – saw its mobile and retail operators earn $29.3 million in taxable revenue.The senator said New York usually leads the way when it comes to state policy.“We’re that car in the right lane with four wobbly wheels, and we’re limping along,” Addabbo said. “And these other fast cars like (New) Jersey and Pennsylvania are whizzing by us. That’s an odd spot for New York to be in.”Sports Betting Part of NY Budget TalksA recent study by Spectrum Gaming estimated that mobile sports betting could generate more than $1 billion in gross revenue for New York operators. If the state sets the tax rate at 10 percent, that would mean more than $100 million in annual revenue.Addabbo’s bill, Senate Bill S1183, as well as legislation sponsored by state Assemblyman Gary Pretlow (D-Mount Vernon), sets the rate an 8.5 percent. However, that rate, like other portions of the bill are open to negotiation, the senator said.The senator also noted that the original sports betting bill he filed a couple of years ago gave each casino one skin. Now, the bill offers them two, which means a potential of 14 skins, or mobile operators, for the state once the three downstate casinos are awarded.I think that’s all part of the budget negotiations,” Addabbo told Casino.org. “How many skins and the license fee and the tax rate that is all part and parcel of the budget negotiations. It’s all part of the discussions that we’re going to have, and that’s where we’ll have to come to some agreement.”Still, time is of the essence.April 1, the start of New York’s budget year, is just 45 days away as of Monday. While that’s six and a half weeks, as Gov. Andrew Cuomo told reporters Monday, “in government, 45 days is a blink of an eye.”Addabbo Concerned State-Run System Can’t Meet DemandThe good news is that Cuomo is on board with expanding sports betting in the state to include online applications. The bad news is, his vision for sports betting varies significantly from that of Addabbo and Pretlow. Those lawmakers chair the gaming committees in the respective chambers.Both lawmakers’ bills call for New York to operate sports betting like New Jersey, Pennsylvania, and Indiana. Each of the state’s casinos currently would get the chance to partner with two mobile operators.Cuomo, though, wants the state to be in more control. He wants a system more like the lottery allowing the state to derive more of the revenue. That approach resembles what Rhode Island, Montana, New Hampshire, Delaware, and Oregon have implemented.As Addabbo indicated, though, those states combined have a smaller population than New York.“I’m concerned about New York having a product that can handle the volume and the growing, expanding the market,” Addabbo told Casino.org.He also noted that Oregon leaders are already having second thoughts about their lottery-managed sports betting product.Just last month, Gov. Kate Brown requested that the state’s legislature take up a bill allowing the Oregon Racing Commission to regulate sports betting and grant licenses.“So, if it’s not good enough for Oregon, I don’t think it should be good enough for New York,” Addabbo said.
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