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A Casino in Hawaii? Could Happen As Legislators Consider Legalizing Gambling
The Aloha state, which has always made it’s living on the tourism industry, is now considering legalizing gambling.
Say what?
It’s all about the state’s budget deficit. Naturally.
Did you ever think it was about anything else but money?
Ain’t it funny how state legislatures after state legislatures around the country have all of sudden adopted gambling as a way to creek out of large budgetary free falls.
Hawaiian lawmakers are struggling to find ways to help ease their deficits.
So state house speaker Calvin Say said one of the answers is legalizing one casino for Hawaii. The thinking goes that it would bring millions of dollars into the state budget through taxes from the gambling winnings.
“It is just another issue that we should consider because if there is a license that is sold, we pick up so many millions of dollars,” said Say, as reported by a Hawaiian TV station. “It is just an option on the budget side.”
Say noted that a new casino would also help with the state’s unemployment rate.
If a casino was to open in Hawaii, he said, it is estimated that over 4,000 jobs would become available. The job creation and the millions of dollars may be something that state lawmakers can not turn down.
Hawaiian residents would have to approve the issue, and that’s a tricky proposition.
In the past, residents have rejected proposals for casino gambling.
The issue of whether or not to legalize gambling is a big topic around the nation. Many states have expanded their gambling laws during the recession to help with budget shortcomings.
Other states where gambling was already legal, have expanded their options.
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Posted on February 2, 2010 by doclotto | Filed Under Casino
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“32 Red” Online Casino Wins Award, Praise
I usually don’t like to run press releases, but with the growing interest in online casinos, I thought you might be interested in the kudos that 32Red Online Casino has been receiving.
Mind you, this is self serving on their part, and I advise you to take this in with a grain of salt.
On the other hand…this is a DAMNED GOOD online casino. Check it out.
See for yourself.
Anway,the Gibraltar-based online casino operator has been declared Casino of the Decade by leading casino player watchdog and advocacy site, Casinomeister.
That’s not to be denegrated.
Following six successive years as the Best Casino winner, the latest title rewards the firm’s consistent performance over the last 10 years.
During the last decade 32Red has featured regularly in award ceremonies and received prestigious nominations.
As Casinomeister has highlighted in the past, and also in the company’s most recent award, 32Red has raised the bar for others to follow by pioneering a personal, transparent approach to player support and casino bonuses.
In the official announcement, Bryan Bailey of Casinomeister said the following regarding 32Red’s achievements and new award: “They (32Red) have maintained their focus since their launch: personable customer service, responsive and effective management, professional solid operations. Publicly traded, fully transparent, and they are bound by an ideology that is based on player satisfaction. These guys have a lot to be proud of…again.”
I think that is key for players to know: they are transparent. They are solid and honest.
32Red CEO, Ed Ware, was delighted by the award, commenting “the Casino of the Decade sits above all other awards in this year’s Casinomeister list and it’s one we receive with a great deal of pride.
32Red aimed to be here when we launched the online casino and we’re honoured that, come the end of ‘naughties’, we’re right at the top of our industry.”
Ware added that the company philosophy remains unchanged and that it will continue to drive the casino to new heights: “the numerous awards from Casinomeister in the past decade have shown that focussing on the player experience is valued where it matters most – the player’s themselves, which Casinomeister and the award represents. It is both justification of this philosophy and motivation to continue providing a service that really is second to none.”
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Posted on January 26, 2010 by doclotto | Filed Under Casino, Online
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Singapore Casinos launching; Casinos will be part of Hotel Chain and a Universal Theme Park
Malaysian gaming giant Genting opened four premium hotels at a 4.4-billion-dollar resort in Singapore this week, in preparation for the launch of a casino and a Universal Studios theme park.
Company executives cut a ribbon to inaugurate the hotels at the Resorts World Sentosa complex at 8:18 am (0018 GMT), an auspicious time whose Cantonese pronunciation sounds like “to prosper” in the language.
Festive Hotel, Hard Rock Hotel Singapore, Crockfords Tower and Hotel Michael together offer 1,350 rooms and 10 restaurants.
They are located on the hilly islet of Sentosa, linked by a causeway to the southern tip of Singapore.
Genting Group chairman Lim Kok Thay said his company was still working with Singapore authorities on finalising the casino license and gave no date for the start of gambling operations.
“As far as the casino license is concerned, we are still working closely with the authorities through their checks and inspections,” Lim told reporters after the opening ceremonies for the hotels.
“So in other words, we are still going through the motions. We are waiting for the gaming license to be issued.”
Lim said a decision by Universal Studios to build its biggest theme park in Asia in South Korea was unlikely to negatively affect the US film giant’s attraction in Singapore, which is part of the Sentosa casino complex.
Universal Studios on Tuesday signed a deal with South Korean partners to build its largest theme park in Asia at a cost of around three trillion won (2.67 billion dollars).
“It’s good for the industry overall,” Lim said. “So if you visit Korea, you would get curious about the park here in Singapore.”
A marine life park, a maritime museum, a spa and two more hotels will be launched at Resorts World Sentosa after 2010.
Marina Bay Sands, another Singapore casino resort, is scheduled to open in April following construction delays. It is being built by US-based Las Vegas Sands.
Singapore gave the go ahead for casino gambling in 2005, setting off a flurry of construction which went ahead despite last year’s recession.
The government hopes the casinos will boost the country’s tourism appeal and draw more visitors to the small island-republic, which relies mainly on man-made attractions to entice tourists.
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Posted on January 20, 2010 by doclotto | Filed Under Asia, Casino
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Want Another Way to Make Money? Invest in Casinos
Look, I know there is a recession out there. Believe me, I know. I’m living it myself.
But if you have some handy cash you might want to invest in casino stocks.
Keep in mind, I am NOT a stockbroker and I am NOT recommending any of the following stocks.
Buy at your own risk. But this stuff is interesting.
Here are the results of some recent business reports I’ve been reading about U.S. casino stocks.
Casino stocks have been on a roll lately, but it was until the last few days that they began to gain momentum as more investors pile into the sector after Goldman Sachs (NYSE:GS) upgrade of MGM Mirage (NYSE:MGM).
Shares of Las Vegas Sands (NYSE:LVS) had a big technical breakout last week; however the stock seemed to hit a wall around the $18 area entering a consolidation period.
The momentum in Las Vegas Sands picked up following MGM Mirage, however it still needs to clear $19 for it to reach $20.40.
MGM Mirage chart pattern have been broken for quite some time, as it was stuck in the “limbo” zone, which is the gap between 200 day exponential and simple moving average.
This area is conducive of sideways market action, and that was exactly what we had in MGM, as it struggled to break the $11 area.
Earlier this week, MGM stock price poked its head above the 200 day exponential moving average giving technical traders a signal to buy the stock. The upgrade definitely helped the technical breakout, and now the momentum is starting to come back into the sector that underperformed the S&P 500 in the last few months of 2009.
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Posted on January 14, 2010 by doclotto | Filed Under Casino, Culture, Stories, Strategy
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Online Casino Site, VIP Casino, Upping the Ante, Offers Four Tournaments in January
I recently was sent a press release from the online site, VIP CASINO, which is licensed in Malta, I believe.
What’s pretty cool is that this is a site that usually offers up one or at most two tournaments a month.
Not this January.
The news from the site owners is that they are offering up four tournaments in Jan. 2010; a damned good way to start out the year in my view.
Even better, all four are freerolls.
Some explanation here for those who don’t know anything about VIP CASINO. You log in to the Play for Real casino and migrate to the tournament.
By going to More Games.
Sign up and you are credited with a $500 token balance.
Players have a maximum of 10 minutes in which they must endeavor to increase their tournament token balance to the maximum extent possible.
The top winner in each online tournament will receive a prize of $200.
Nice. There are second and third prizes as well.
Two tournaments are slot games, Millionaires Club 9 Line Slot and Sweet Thing Slot.
Follow instructions to find out more. But believe me…the slots are VERY VERY awesome.
Why believe me? Check it out for yourself.
Then, if you have some thoughts, let me know.
And by the way, no one paid me to write any of this. It’s just a cool online casino.
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Posted on January 6, 2010 by doclotto | Filed Under Advice, Casino, Online
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