Sochi Olympics

On July 4, the Russian Parliament voted to convert Sochi, the Black Sea venue for the 2014 Winter Olympic Games, into a gambling zone. According to Deputy Prime Minister Dmitry Kozak, State Duma made the decision to improve the financial models of the now-redundant sporting facilities, which were funded by bank loans.

Where are the existing gambling centers?

In 2009, numerous casinos were shut in the wake of Russia’s tightening of gambling laws. The government permitted just four gambling zones in the southern, eastern and western regions of the country. Of these, only one, Azov City, remains open. Casinos in three other gambling zones in the Republic of Altai, Krasnodar and Primorye region have been under construction for the past five years.

What next for Azov City?

Azov City has three casinos on the shore of the Azov Sea near the southwestern border with the Ukraine. Russian law may force the Azov City gambling zone to be shut down to make way for the new casinos at Sochi, however this is still being discussed.

A new look for Crimea

State Dema also voted to allow Crimea to create a gambling zone, bringing jobs and investment to the region and topping up the annual revenue base in the local budget by as much as 25 billion rubles (approximately GBP 429 million).

While Crimea are expected to be given free reign over the location and boundaries of the gambling area, Sochi will be more tightly regulated in this regard. For example, casinos will only be allowed in those Olympic facilities that were privately funded. The move will have knock-on effects in areas, bringing in waves of tourists and boosting the hotel and food service industries.

Where did the idea come from?

It was Sberbank chief German Gref who first proposed turning Sochi into the Russian version of Atlantic City or Las Vegas. He broached the subject last winter at a meeting with Prime Minister Dmitry Medvedev, who reportedly lacked enthusiasm for the idea. When the Prime Minister was mistakenly quoted by the Kommersant newspaper as making the initial proposal, one of his representatives was forced to publicly deny it. It is unclear what brought about the change of heart.

South Korea has officially approved plans for the first foreign owned casino to be built inside its borders. This is a move that was long resisted by the Korean government, but after looking at the success of similar casinos in Macau and Singapore, they have changed their policy. The move is geared towards attracting tourism income from China, which is responsible for the vast majority of South-East and East Asian gambling.

south korea casinoThis casino will be a gambling site, five star hotel and shopping center when completed. The project is being headlined by Caesars, a Las Vegas casino company, and the Hong Kond property developer Lippo Limited. The project is being tentatively valued at $2.2 billion, and a site close to the Incheon International Airport has been selected for construction.

There are already 17 casinos scattered throughout South Korea, but none of them have any foreign investors. With Chinese tourists making up more than a third of the visitors to South Korea ever year, the country’s president is making good on his promise to bolster the nation’s coffers without resorting to increased exports.

An expert on hotel management, Song Hak Jun, believes that this is a very smart move by the Korean government. “?Korea is the optimal location to attract Chinese gamblers. Everyone in Asia is competing to absorb China’s intense tourist demands, and having a casino resort will greatly benefit South Korea.”

Helpful Hint: If you want to play exciting Casino Games, but are unable to travel to South Korea to do it, why not try www.casinoza.com? There is a huge listing of different games that can be played in the comfort of your own home, and some of the online casinos accept BitCoin, too.

Foreigners Only –

There are 17 casinos operating in South Korea right now, with one reserved for Korean citizens and 16 exclusively catering to foreign gamblers. These casinos attracted more than 5 million gamblers in 2012, with the number set to increase in the coming years. Current projections for the new casino show that it will attract more than 890 billion won in tourism money, while creating 8,000 new jobs from 2014 to 2018.

The goal is to have this casino open in time for the 2018 Winter Olympics in South Korea. For more information about gambling in South Korea, click here.

We love the true heroes of the casino, those with the guts to go all in, potentially losing everything. These are the men and women who don’t know the meaning of a safe life, a moderate existence, or a comfortable casino experience. Rather, they prefer to live life far out on the edge, where precious few choose to dwell. In some ways, they’re fortunate, as they can find a unique perspective on the world, even if they end up paying a very high price for it.

And so begins the tragic tale of Akio Kashiwagi.

Kashiwagi was a wealthy Asian real estate mogul who loved wagering high on the Las Vegas strip.

casino lossHe regularly played his favorite game, baccarat, for outrageous amounts of money, sometimes $100,000 to $200,000 a hand on the game, often for hours at a time. The only reason he stopped at the $200,000 mark was because the table would admit no higher wagers. Who knows how high Kashiwagi would have gone were he given the opportunity.

According to Dennis Gomes, president of the Trump Taj Mahal casino in Atlantic City, [Kashiwagi] would play two days straight without sleeping, go to bed, get up and gamble some more. He was a friendly guy, but he was a tough negotiator when it came to paying his debt. It was frustrating to deal with him. Out of an $8 million debt, you’d probably collect maybe $5 million.”

One day, Kashiwagi accepted a challenge to a $12 million freeze-out at an Atlantic City casino. With $200,000-maximum bets, the basis of the wager was for Kashiwagi to play until he’d either lost the full $12 million or doubled his money. For some six days, Kashiwagi feverishly played up to 12 hours a day with little sleep in between.

He left with $10 million less than he started. In with $12 million, out with $2 million.

Can we hear a collective ouch? Wait. You haven’t heard the worst of it.

On January 3, 1992, Kashiwagi was stabbed about 150 times with a samurai sword. His body was discovered at his home near Mount Fuji. It is believed that Kashiwagi was murdered by the Yakuza (Japanese mobsters) over a business deal that had gone sour. When Kashiwagi died, he left casino debts of several million dollars.

Kashiwagi lived by the sword and ended up, ironically, dying by the sword. You can’t expect to wager in the world of high rollers, sharky businessmen and the cut-throat Yakuza and not find yourself coming up short at least once. The world is quick to cheer at your successes, but slow to forgive your mishaps. We’re sorry for Kashiwagi’s fate. His story even garnered a mention in the New York Times when he died in 1992.

But we appreciate that Kashiwagi lived a life less ordinary. Had he won his $12-million challenge, he’d certainly have been a wealthier man. But just like the casinos, life can throw its collective disadvantages at all of us if we’re not careful about how we lay our cards and make our choices.

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The online gambling experts at Jackpot247 have released yet another statement, this time in response to the launch of a brand new online review magazine that focuses on gambling in the UK, titled Jackpots Review.

With online gambling easily considered to be a chief means of entertainment for millions of residents not just in the United Kingdom but throughout the world, it is natural to see the evolution and launch of a magazine dedicated strictly to this growing industry. According to OnlineCasino.org, Jackpots Review has just been rolled out across different venues in the UK while attempting to provide honest and critical reviews of popular online slots games that players can access.

The Editor in Chief of Jackpots Review, Michael Caselli, stated that the magazine is set to help those who play slots find new venues to enjoy the game while also assisting them in finding those games and offering previews that will be released a few months later.

The venture of Jackpots Review looks to tap into the growing market of online gambling, and the second issue will likely launch when the upcoming international gaming conferences in European cities like London. The magazine also hopes that it can launch in a variety of other countries where online gambling has continued to grow and thrive, such as in Canada.

The online casino that is known for offering a variety of games like video poker and live roulette, Jackpot247 made a statement on the new publication, expressing significant interest in the various ways that it can apply critical thinking to the industry of online gambling.

According to a spokesperson for the company, the introduction of the magazine can only mean good things for those who are actively playing on online casinos but also those who are interested in the culture of Internet gambling as a whole, allowing its players to look for the best games that they want to play, such as those on Jackpot247. In addition, the magazine will help with delivering news of upcoming and brand new releases while focusing on the best games that Internet gamblers can enjoy. The spokesperson also noted that the company would follow the publication closely.

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Bingo 3X is proudly presenting a new game that caters to everyone’s taste for treasure at some level. They are rolling out a number of special promotions that includes a new game that delivers unparalleled excitement for both new and seasoned players. The Treasure Quest is a one of kind offering from Bingo 3X and other sites like the casinoaus website that promises adventure, unpredictability, and, of course, the potential for big money. Players embark on a legendary hunt for treasure that provides them with the chance to win at least 2,000 pounds in cash and prizes along the way. Players can currently make their way to the site to begin earning their free tickets. All that is required of hopeful recipients is entry into the Treasure Free Tickets room where where the games designated for tickets are being held.

Among the games that players can use to win their free entry are 75-Ball Bingo. In every game that is held, five winners will be rewarded with tickets for the Treasure Hunt. The tickets are awarded on a winning line basis. For example, a winner with one line will receive one ticket for entry. A two-line winner will be given two tickets and so on. There is no limit to the number of tickets that players can earn for the Treasure Hunt, making it necessary for players to get in on the action as early as possible. Given the possibilities for winning once engaged in the Treasure Hunt, each ticket has the equivalent cash value of at least 2,000 pounds. On top of the extraordinary offers, Bingo 3X has a wealth of other Bingo games to keep players entertained for hours. Huge jackpots accompany each Bingo room, making the rewards for playing generous by any standard. One of the most popular games to be offered by Bingo 3X is in the Zodiac Room. Here, players have the chance to get their hands on up to 1,111 pounds in prize money.

Gamble-OnlineFrom the offset of internet gambling as a legitimate format, all the groundwork laid has been in preparation for the arrival of current Live Dealer Casino gambling as it is right now.

Though we can easily expect even further progress in the years to come, especially as more and more attention is drawn in to the format, it has simply never been better than what it is currently.

From shaky beginnings as a landscape of rather uninteresting bland games rooms with a dealer who was more like a moderator than an active controller of activities, the gaming experience provided by Live Dealer Casinos has shone through to become something no-one could have anticipated.

Now the services offered by most online casinos of this type are not far short of spectacular, with webcam options available for those who prefer the benefit of visual opponent assessment as well as direct interaction with the professional dealers who mediate realistically.

If ever there was a time to get involved with this whole new world within the gambling universe, it is now. While some may see it as arriving to the party a little early, the benefits are likely to reveal themselves in a timely manner as we continue towards apex.

Blackjack_boardOne of the very best things about Live Dealer Casinos is that they are capable of providing their users with an experience that can only be matched, never mind surpassed, by the real thing. Yes sir; gone indeed are the days of subpar interfaces and terrible software.

While some outlets are still struggling to shake the perceptions of limitation and unrealistic game play held by many as a result of this turbulent past, many are noting a vast growth in user numbers. This is undeniably very much to do with increase in quality noted by the industry as a whole.

Not only have online based Live Dealer Casinos grown to extend the experiences they can offer, but they have drastically increased the amount of games available to users.

In the past, slots were probably the most popular online based games, though now the technology possessed by websites who offer the full online casino experience has allowed an increase in the popularity of more intricate games. Poker, for example, is a game which could until recently, have never been matched online when compared to the physical world. However the introduction of Live Dealer features has brought it pretty damn close.

Most, if not all staple games such as Blackjack, Poker and Roulette are also all of course widely available through most Live Dealer Casino sites, with lesser known and more specialist games like Baccarat and Keno also easily found by those with more specialist tastes.

Operating in a very similar way to their physical counterparts, many would claim that the only difference between a real casino and an online Live Dealer Casino is the freedom and convenience. An angle that I particularly enjoy on account of the remarkable progress it indicates.

The strides taken by the worlds Live Dealer Casinos over the last few years have been simply exceptional, not to mention entirely game changing.  And, with even more ground being covered constantly- the future looks to be even brighter than the present, which is of course the way that all things should in fact be.

Hang on to your hats as we climb aboard the first train to complete gambling bliss. Whether a journey which will take a year or a decade, its guaranteed to be one hell of a ride and worth every single penny won.

The final table player of the main event of the World Series of Poker has been delayed over the course of the last few years. Seen as a promotional gold mine, television has sought to maximize the exposure of the players and the tournament itself. The last nine participants have also benefited from the stoppage in play. Endorsement deals, interviews, and other actions have been garnered to increase their individual paydays. Now you can add stake selling to the maneuvering that can occur in the period of time until the final table starts back up in November.

AmirLehavotAmir Lehavot has decided to sell 30 percent of his action at the final table. This number would be calculated after 9th place money would be deducted. $733,224 is what is awarded for ninth place. Mr. Lehavot currently sits in second chip place.

Crunching the Numbers

  • 4th and Lower is a Loss for the Investors.
  • 3rd Offers a Slight Return
  • 2nd Nearly Doubles the Stake
  • Winning the Tournament Brings in the Obvious Bonanza

The amount per percentage point of the stake is $29,248. Thirty times that is $877,440. Forurh place is a payday of $2,791,983. Subtracting the $733,224 for ninth place brings in a number which is $2,058,759. Thirty percent of that which is the stake comes to $617,627.70. The number is lower so the investors incur a loss.

Using the same logic, the other three places came out to this pool share. Third place generates a pool of $898,139.70. Runner up status brings the investors a fund of $1,331,983.80 to split. If the horse comes in to win the main event crown, the pot that would be divided up by the speculators comes to nearly triple the investment at a total of $2,287,892.10 dollars.

The sale was announced via the Twitter. No matter what the final result will be, Amir Lehavot has introduced an new element to this final table format. Only time will tell if this investment will triple up or potentially crap out for all those who choose to invset.

Casino_WarWhen stepping into a casino or trying to gamble online the amount of confusing table games out there can be pretty confusing and overwhelming. If you’re looking for a card game that is easy to learn and fun to play, and also provides you with great odds point casino war could be a great option. While casino war can be a very fun games to play and easy to learn, there are several things that you should know about the game before you start playing it to ensure that you know exactly what you are getting into.

The person that you need to know about the game is how it is played and what the rules are. When playing Casino war you will dealt acard and the dealer will be dealt a card. If your card is better than the dealers you will win. However if your cars is worse you will lose. The repayment for each bet is 100%, meaning if you bet five dollars and win, you will win five dollars.

Where the game gets tricky is in the event that you are tied to dealer and draw the same card. In this situation you will have to go to war with the dealer and another card is dealt. This process can repeat itself up to four times until either you and the dealer receive different cards. If you tie the dealer five consecutive times, you will win the bet.

The one thing that you need to know about casino war is that for each card you were dealt you’ll need to place down another identical bet. This means that you could end up betting up to five times what you originally wagered. While this can maximize the amount of money that you can win, it does add some risk to the game.

Overall, casino war can be a great game for someone to play. It is very easy to learn and can be plenty of fun and also provides you with some of the best odds in a casino. The game also typically has lower minimum bet options, which can make it a great option for anyone in the casino.

Learn to play

 

blackjackCard counting in Blackjack has been portrayed in movies like Rain Man and The Hangover to be an impenetrably complex mathematical feat, something which requires the memory of an elephant and the calculating power of a supercomputer. Nothing could be further from the truth, however. The only mathematical skills you need to start counting cards are adding and subtracting. Once you’ve learned the method, you need only to practice until it becomes second nature. Camouflaging and otherwise not attracting attention from the pit boss are skills you will need to develop, but that is separate from actually counting cards.

Legendary Blackjack player Arnold Snyder devised what he calls the Red Seven Count, a strategy that captures most of the power of much more complicated schemes, but is very easy to learn. In card counting, every card value gets a number. The Red Seven Count assigns them thus:

  • Tens, face cards, and aces: +1
  • Twos through sixes: -1
  • Red sevens: +1
  • Black sevens, and all eights and nines: 0
  • Every deck starts at -2, so two decks start at -4, and so on

Start with a single freshly shuffled deck, and the count of -2. Now flip one card over at a time, calling out the values as you go. Once you make no mistakes, try silently saying the values to yourself and adding and subtracting them as you go. If you do it correctly, you should end up with a count of 0. If you don’t get 0, you messed up somewhere. Do it again.

In fact, do it again and again and again. Practice until you can count down a 52-card deck in 25 seconds or less. One satisfying way to see if you’re on the right track is to stop when you have one card not overturned. If the count is 0, then you know it’s a black seven, an eight, or a nine. If the count is 1, you know it’s an ace or 10-value card. If it’s -1, then you know it’s a low-value card.

How to apply this in the casino environment is to step up your bet when the count is above 0. That’s because there is a surfeit of 10s and aces in the deck at that point, which is the optimal situation for the Blackjack player.

Watch this video and start practicing today click here