Keno is a game of chance, similar to a majority of lottery games. The player selects numbers and hope that that a maximum possible match the number randomly drawn by machine or a hopper. Two formats exist for keno playing: live format and video format. In case of the former, players use paper and crayon to indicate picks. Numbers are drawn at a few intervals by a hopper. When it comes to video keno, the players simply have to touch the screen to pick the numbers. The machine draws in a random manner.

Rules of keno

keno

  • A wager is made by the player who indicates the preferred numbers to pick. These picks are done on paper slips in live keno. In case of video keno, the numbers are selected by touching screen. The player can select any number between 1 and 80.
  • The game determines the quantity of picks made by the player. The range is usually between 2 to 10. It can also be from 1 to 15.
  • The game selects 20 balls out of 80 total balls in a random manner
  • In case the number chosen by the player and the game match, the event is termed a “catch”. The number of balls caught by a player determines the pay off.

Important information

If you have to plxay keno, there is a need to choose where to play. I’d recommend www.cancasinos.ca. You also must select the numbers. It does not matter what the numbers are. Every number ball has a chance of 1 in 80 of being drawn during every game. It should be kept in mind that analysing the keno game is not a correct strategy. The odds in this game are equal to slot machines.

In Australia, gambling is a widespread activity but there is active government involvement to regulate the flow of events in the area of gambling.Traditionally, Australian government plays an active role in every kind of gambling, be it casino gambling or lotteries. The government and the states depend strongly on the revenue that they draw from gambling.

Australian_gamblingAdditionally, the speedy adoption of fresh communication technologies by the industry of gambling has grabbed attention of the Commonwealth, since; this factor comes within the responsibilities of the constitution.

Emergence and prosperity of online shopping has specific implications for different regulations, community welfare and collection of revenue. This is one of the reasons why the Federal Parliament had to prohibit the Australian gambling sites from entertaining Australian players through strict legislation.

Since, quite a long time, the Commonwealth, State and Territory government has taken steps to curtail the expansion of Australian online gambling. The government is specifically strict about controlling minors from having access to the online casinos. The government also emphasises on the importance of the state and territorial rules in terms of online gambling.

The different strata of the government work together to implement a strict and uniform regulation for containing the online gambling sector. A big question that bothers many Australian players is whether, gambling is legal in Australia or not. The legality of gambling online in Australia depends completely on whether the online casino is licensed or not.

In fact, the legislations are primarily designed and created for the gambling operators in Australia and not really the players. These regulations aspire to regulate and control what the players should play and they shouldn’t be offered. Further, with the government’s decision to interfere and help the gamblers facing problems due to their habits, the regulations are bound to get stringent on the gambling operators.

Further, the IGA states that the online casinos in Australia cannot offer real money to the citizens of Australia. This is also known as interactive gambling online. The sites are also barred from advertising about playing with real money to the citizens of Australia.

The casino sites allowing sports betting are equally allowed to stay in line with the online gambling and lotteries. The speculative regulations state that the ones indulging in sports betting should be involved in some kind of land based business.

Staying in sync with the legal aspects involved in online casino gambling helps you stay safe and enjoy online gambling in a more secured manner.

James Bond is still on the baccarat table and he has company. The room now has the panda and the dragon as well, supporting the Las Vegas brand which is responsible for their birth.

Baccarat TableAll this is courtesy Robin Powell and Francisco “TJ” Tejeda, the Talisman Group principals. The version of this games developed by them has nearly 700 tables in active use, starting from San Diego all the way to Macau.

Startling growth for baccarat

In the last 5 years, the game of baccarat has grown by 315 percent, reported spokesperson Michelle Laird. Tejeda was reported saying that they were aware where it was going and they were right. In Asia, baccarat is a highly popular game. As such, the pandas and dragons are used in EZ Baccarat as they are symbols in sync with the Asian culture.

A problem is also solved by the game. Without having to change the different elements of the game, there is elimination of the dealer’s responsibility of withdrawing the 5% commission of the casino.

How it began for Powell and Tejeda

It was in 2003 that Tejeda and Powell met and opened the baccarat room at the MGM Grand. Casinos have remained a lifestyle for both of them.

Tejeda remembered how is career pushed off in 1971 in Reno at Harrah’s when he met Bill Harrah. Transitioning from dealing to managing and finally into the global marketing of the game of baccarat, Tejeda has travelled the world in all these years.

In Botswana, Powell had briefly worked as a craps dealer. He started dealing chemin de fer, the baccarat forerunner, at the age of 19, in Swaziland. Powell found his way into the casino operations and moved around covering Australia, Africa, Monte Carlo and then bouncing to Spain.

Michael-NoonanEver since the introduction of the first draft on internet gambling regulations in Ireland in 2011, it has undergone various amendments. Recently it was approved by the government as Ireland’s Gambling Act of 2015. According to Ireland’s Finance Minister Michael Noonan, the new law will introduced some new regulations and will also introduce taxation on remote gambling companies which are offering services to Ireland’s citizens. Once the regulations are finalized all iGaming service providers will have to pay new taxes from next financial year and these games will be firmly regulated by government.

Details of new regulations

From August 1, 2015, all online gaming services like casino, bingo and other games that are played within Ireland that allows players to play with real money will have to pay 1 percent service tax on gross revenues while online sports betting firms will be charged with 15 percent net revenue like the UK POC taxes. Gambling operators that provide online gaming to customers in Ireland will have to obtain license at a fee of € 10,000 which will be valid for two years. The regulations have been approved by gambling service providers in Ireland as a step in the right direction to manage taxation with licensing.

Aim of the Irish internet gaming policy of 2015

The new amendments in the law will make for a better regulated gambling scenario within the nation. Since the bill will also bring offshore gaming providers under the law it will bring more revenues by betting duties and help protect Ireland’s players from frauds. Unlicensed gaming services providers will have to pay fines of € 300,000 if they break the law and thereafter they may also be barred from offering their services in future. These new laws will help local government to earn sizeable revenues of around € 25 million annually and will also provide a level playing ground for all service providers.

Four casinos came into the spotlight on Wall Street when Brean Capital issued Buy ratings for them. Las Vegas Sands Corp., Wynn Resorts Ltd., MGM Resorts International, and Melco Crown Entertainment Ltd. were the casinos favoured by the investment bank.

Why?

Brean CapitalThe buy rating comes at a time when the casino stocks are more or less off their 52-week highs. The rating was issued, according to Brean, because they expect revenues to increase in Macau in the latter half of this year. Gaming revenues had gone down in the second half of 2014 and have also gone down in the current quarter of 2015, mainly because of the crackdown on anti-corruption brought about by China’s President Xi Jinping.

However, the company says that the reports are over exaggerated and another issue was the lack of room to handle the increased mass market visitation. Brean also sees the upcoming expansion of Galaxy and Melco’s Studio as another reason to reverse the trend of decreasing revenues.

Rating

For the concerned stocks; the price targets issued by Brean range from 17 percent to 36 percent upside. The general consensus is that there will be an upside, but not as high as it the company’s estimates. However, it is not only Brean Capital who have issued such high upsides; there are other analysts who have, in fact, issued even higher upsides.

The target price for Las Vegas Sands, according to Brean, is $65, while the same is $28 for Melco, $27 for MGM, and $174 for Wynn. While these are well above the consensus targets, as already mentioned, there are analysts who have estimated even more optimistically. Irrespective of who you think is right, everyone seems to be of the opinion, which is backed by their respective stances on the issue, that there is money to be made by betting on casinos.

casinosA recent research has shown that Australians are inclined to gamble the most among all nations where gambling is legal. A recent study by the Economist has shown that gambling losses in Australia are the highest in the world at $1144 per resident leading to sky high debt among individuals. A disturbing factor which emerged in these studies was that in April 2014 household debt was at 177 percent of disposable income annually. In other words, it is obvious that when it comes to spending, Australians are more reckless than others. According to a financial advisor working on this study, the reason behind this phenomenon is the confidence that Australians have about their money making ability. They know that they are spending recklessly but are equally confident that they will earn it back.

Dangers of overspending

Economists however warn that this situation can turn out to be very risky if families do not have a backup plan, as was evident during recent economic downturn. A classic example of risky behaviour is that of miners who work for years in dingy mines and then blow the money on expensive and unnecessary toys like jet skis and cars along with holidays in extravagant locations. The general behaviour is inclined towards reckless impulsiveness that is a part of human nature. To curb this behaviour society needs to be supportive to encourage frugality and slowly become financially debt-free.

Remedy under the circumstances

Psychology researchers believe that Australians have a mindset of either a saver or an earner which limits their ability to control impulsive purchases. They are unable to grasp the importance of investment and wealth as they are still rooted in the convict mentality that the rich are greedy and authoritative. Caught up with a false sense of bravado some investors make reckless decisions as they risk personal wealth and lose money that they actually need. A recent government study revealed that nearly half of Australian population consist of gambling addicts and are a burden on families and friends as they gamble on virtually anything that they can lay hands on.

Everton vs. ManchesterEverton will entertain the current Barclays Premier League champions in a game that could have massive importance for both teams. Everton were only two points behind City at this stage last season, but they have endured a miserable campaign. They have lost seven out of their last ten games, winning only twice. A win over City would do a lot to lift the gloom around Goodison Park.

City endured a tricky start to the season as well, but they recovered much better than Everton. They have won a lot of their recent games, which has put them level on points with Chelsea at the top of the table. A win here would represent a great chance for City to continue piling on the pressure on their London rivals.

Betting sites believe that Everton will have a tough time winning this game. City have been made favorites to win, with odds of 9/10 in their favor. Odds of 11/4 can be taken on the draw, while Everton are all the way out at 10/3 to win.

It is unusual for a home team to be the underdog, especially with Everton’s recent record over City. They have put one over their richer rivals many times in the past three or four years.

Betting on Everton in this game would represent a risk. They may be able to beat City on their day, but their recent form is nothing short of miserable. Even with odds of 9/10, City are the best bet for this game. They will have too much firepower for Everton, and should win comfortably.

Notable absentees for this game are City’s star players, Yaya Toure and Sergio Aguero. Toure is at the African Cup of Nations, while Aguero is recovering from a knee injury.

Casinos are popular with the masses. Even the rich and famous can’t escape the attraction of casino games. Some celebrity or other is always in the news related to casino and casino games. These celebs come from the field of entertainment, sports and even politics. Then there are those celebrities who are more famous than others when it comes to their casino escapades.

Here are a few top celebrity gamblers you might run into in a high-end casino.

Tiger Woods

Ben AffleckTiger Woods may be known around the world for his golf talent, but not many might be aware of his love of blackjack. He is known to spend as much as $25000 to $200,000 per hand in blackjack during his casinos visits. He is known to stay in casino hotels so that he can play blackjack with ease.

Michael Jordan

Another celebrity from the field of sports who is addicted to gambling is Michael Jordan. He is known to bet big in poker and craps table. But it has also been reported that he also bet heavily on sports especially golf. It has been rumoured that Michael Jordan was banned from NBA due to his addiction to gambling.

Ben Affleck

The actor was in news this year for being banned from some casinos for counting cards at blackjack. He so much as admitted to it later but fact remains he loves casino games; mainly blackjack but also poker. Ben Affleck is also known for tipping big after his wins on the blackjack tables.

Jennifer Tilly

She is also a winner of a bracelet at a World Series of Poker event, apart from being an actress. She is known for spending more time at the poker tables than making from movies. Jennifer Tilly has won big money on poker tables.

 John McCain

The once presidential candidate is addicted to craps if his circle of ‘so called friends’ are to be believed. His love of gambling came out in the open during his US presidential campaign. It is said that he spends long hours on the craps table at a time and a sitting can be as long as a day.

Legalizing gambling in Japan is something that everyone thought was an inevitability. The country had recognized the financial benefits from allowing legal casinos, while there was solid public support. However, that public support has waned in recent months and parliament has struggled to pass through any legislation.

Japan_gamblingThe idea was to open a casino in time for the 2020 Olympics that are taking place in Tokyo. The Olympics and a new five star casino/resort would be the start of driving tourism into Japan. However, with parliament unable to pass legislation legalizing casinos, construction has not started on the site, and an opening date of 2020 looks almost impossible.

Parliament is going away for a holiday at the end of November. If a decision is not made in time for that, it could be months before any meaningful legalization is done. This would put a hold on any plans to start construction on the site for the new casino.

There have been reports of serious tension between the current government and their political opponents. This tension has lead to personal attacks, along with a vehement desire from the opposition to stop this gambling legislation.

People who have been working to get this bill passed are worried that it could be rejected in parliament next year. The country’s current Prime Minister will not want to sink more money and time into a project that is doomed to fail. If he thinks that the gambling legislation does not have enough support, the dream of having a casino ready for the Olympics will die.

There are a few members of parliament who are still optimistic that a compromise can be reached. If the government can make a concise argument of how the casino benefits all of Japan, opponents may put their politics to one side. This will require a lot of lobbying, but time is running out.

International gambler who made millions playing poker, blackjack and other card games has created an art museum at his home down in Hobart. He has named the museum as Museum of Old and New Art (MONA) and has collected odds and ends from all over the world to make it a unique place. The first object in his collection is a Yoruba door from Johannesburg, Africa which was brought by his friend as part payment for a gambling deal in 1992. For nearly five years he kept it as a memento at home. He purchased an old winery Moorilla and later converted it into MONA.

About David Walsh

David-walshAs an Australian citizen David is well recognized for the humongous fort like museum that he has built in Hobart, Tasmania which is hailed for its innovative collection of modern art. His excellent knowledge of mathematics and ability to read cards before they fall from a stack helped him win several millions through a 12-member gambling syndicated called Bank Roll. His gambling career started at Hobart casino where he met Zeljko Ranogajec and they decided to combine their capabilities to try new tricks and win at poker and blackjack. Both made millions playing at casinos around the world from Las Vegas to South America, Macau and back to Australia. His quixotic lifestyle and ideas have made him an enigma in society and his mathematical abilities, which helped him become a blackjack professional are attributed to Asperger’s disease.

About MONA

The first time David opened an art museum was in May 1996 as a Moorilla Museum of Antiquities he shut down in 2006 due to lack of visitors. He then decided to make something totally unconventional and built MONA at a cost of $100 million and spent $80 million on exhibits. The extravagant museum opened to large crowds who were entranced with the dark themes and unusual entry to the museum. Mona was designed by Nonda Katsalidis who is also a good friend of this gambler turned philanthropist and art collector. She was assisted by a junior artist who designed the museum’s riverside pavilions along with its bars and cafes. An interesting feature of the museum consists of modified iPod Touch system, which tells the visitor about the exhibit before them while listening to the artist’s interview in the background.