States Use Gambling to Save Economy

Gambling Addiction

Policymakers in USA is starting to see gambling as a panacea to be the cure for all economic ills but gambling addiction it the ugly side of the coin. USA Today is in the view that gambling states are addicted to easy money in its report dated 25 Sep 2014. The Editorial Board cited New Jersey are the prime example of the worst offenders in the world of gambling. "They are both addicts and pushers. They throw temper tantrums and upset settled policy when their fix of gambling revenue runs low."

Save the Economy

New Jersey began offering online gambling last year to bring in more tax revenue as Atlantic City casino revenue took a sharp dive. Since the revenue from the online gambling was not much of a help, the state will come up with more gambling products. Governor Chris Christie has given the green light for casinos and racetracks to offer sports betting. A federal judge will hear Christie's argument on Oct 6 as a 1992 federal law banned the practice in all but four states where it previously existed.

Gambling Expanded Widely

The good days are gone. Christie can't expect gambling to be the savior. New Jersey is no longer the gambling mecca of the East Coast. Adjoining states - Maryland, Pennsylvania, New York and Delaware - have all opened casinos recently. As of 2012, America had 513 state-licensed casinos, plus 466 on tribal lands. With more players, it is obviously going to be less share for the same pie.

Gambling Destroys Lives

There is a deadly social cost for gambling. Compulsive gambling habits from 1% to 2% of gamblers are known to destroy lives. People lose their jobs, families and self-confidence due to heavy losses. A study done by Baylor University in 2011 estimated the cost of gambling ill at $9,393 per compulsive gambler per year. The state should explore alternatives instead of always relying on gambling to bail them out.

Anything Under the Sun: China Corruption Blitz Hits Macau Junkets

REBLOG> Anything Under the Sun: China Corruption Blitz Hits Macau Junkets:
SavySeph's Original Blog

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Laundering Money

Rotten gamblers, especially the whale bettors, could be mistaken for money laundering. This may be the assumption of Chinese President, Xi Jinpin. His crackdown on corrupt officials and tycoons is starting to drain China. This almost 2 years blitz had caused the sale of luxury good to dwindle and the VIP rooms at Macau casinos to slow down. It had driven rotten gamblers to other gambling destinations. This is like sending away the goose that laid the golden egg to your fellow neighbors. The claim of coming by a windfall from the casino is not that easy to justify with the generous amount of surveillance camera covering the casino. Coming up with the bankroll to make the amass the extraordinary win would be a great question mark.

Macau's Casino Junket Squeeze

The prolonged crackdown is now starting to squeeze the junkets in Macau. As the Chinese economy dragged its feet, the whale gamblers shy away. In Macau, whale gamblers will punt HK$1 million without second thoughts. Junkets who lend them money and settle their debts are not longer as flexible as debt recovery is not as easy. Authorities are digging junkets for information on Junkets are had left the industry. Chinese officials suspected of corruption who may be laundering money through Macau. The pressure is too much that, "I can't sleep at night. There are just too many problems," said one 54-year-old junket operator who didn't want to be named because of the sensitivity of the issue. "I'm not optimistic for the future of the VIP junket industry here." Of Macau's 220 licensed junket firms, at least 15 have shut up shop in the big casinos this year the Reuters reported on 24 Sep 2014.

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My Comments

China's determination is great cause for concern for Macau's gambling industry.

On Empty Thoughts: Alcohol Ban at Stratford Supercasino

REBLOG> On Empty Thoughts: Alcohol Ban at Stratford Supercasino:
Guerrilla Gamblers' Original Blog

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Violence at Gambling Outlets

p>I will update Gambling Tales Facebook and Google Plus Page with this article on Violence at Gambling Outlets. Alcohol never ceases to cause trouble for Aspers Casino in Westfield Stratford City. Since they have so much trouble handling their drinks, it had been taken away from them.

Alcohol Ban

A recent news dated 23 Sep 2014 from the Newham Recorder the Supercasino has had its alcohol license revoked by Newham Council after security staff allegedly "beat up" a punter. A Newham Council spokesperson said: "The decision was made in view of the seriousness of the incident and the police and licensing sub-committee’s concerns about the casino’s ability to prevent crime and disorder. The suspension will remain in force until a full licensing review hearing." Aspers Casino will not be able to serve alcohol or food from 23:00 to 05:00.

The Incident

The incident took place on Saturday night of 20 September. CCTV footage of the assault on the customer by a security staff showed that the customer sustained "severe injury". The involvement of alcohol in the attack was not mentioned by the press. Aspers Casino did not comment on the incident.

Banning Use of Glasses

Two week ago the casino was banned from using glasses to serve drinks and the casino resorted to using plastic cups. This was following two serve cases of glassing. One resulted in an inch long cut to the victim’s head which required gluing. In the other case, the glass used to commit the crime was thrown away by casino staff, leading to the loss of vital evidence (see Newham Recorder's report on 9 September).

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My Comments

Drug abuse is likely in the picture too.

Light and Easy Talk: Funny and Confusing City Signs

REBLOG> Light and Easy Talk: Funny and Confusing City Signs:
Veronica Glowsome's Original Blog

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City Signs are Fun

Guardian Cities asked readers to share photos of the most silly, confusing and dangerous signs. They posted the good ones on GuardianWitness. I have commented on some of the photos.

1) You will be the big garbage dump when that happens.


2) Berlin loves this park so much that they wanted everybody to know it!


3) I wondered about the source of the water.


4) They made one sign for the cats but these stray cats can't read.


5) This sign was intended for the police.


6) Tennis on this court is played without balls.


7) Car park with a penalty for parking: make up your mind!


8) Two linguistically independent ways to Brussels.


9) On this planet the pedestrians drive.


10) This must be the place for stress relieve.


11) Sign in a cave near Valletta, Malta.


12) Recyclables in the small bin. Dog heads in the big bin. Sign in Milford, Connecticut, USA.


13) The plants may catch you.


14) Carrying reptiles must be a common thing on this street.


15) A slightly puzzling street sign in Luxembourg.


16) This was painted on a road on the East Coast, Australia.

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My Comments

A child may get the wrong message for picture 12

Pest in Midst: Laggard to the Casino Industry

REBLOG> Pest in Midst: Laggard to the Casino Industry:
XingCai's Original Blog

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Casino Industry in Asia

Singapore is considered a laggard to the casino industry in comparison to her neighbor, Malaysia. To make up for being half-a-century late Singapore decided to have two casinos. Other Asian countries - Vietnam, Korea, Sri Lanka, Cambodia and Japan - are joining the bandwagon to intensify the fight for gamblers patronage. Like good foodies, gamblers will travel the extra mile for a wager.

The Singaporean Stunted Growth

Macquarie, a leading financial services provider in Australia, "think the Singapore gaming market cannot grow." They noted that the gross gaming revenue (GGR) for the nation had plateau around $6 billion a year since 2011. "After three big years, tourist arrivals in Singapore have started to decline (down 3 percent year-to-July) and most importantly, Chinese visitors who form more than 50 percent of Singapore VIP volume have fallen by 29 percent year-to-date," Macquarie said. VIP volumes make up around 80 percent of the city-state's total gaming volume, it said [CNBC 23 Sep 2014].

Singaporean Senseless Optimism

Carey Wong, an analyst at OCBC, is optimistic about the situation. He sees the drop in overseas visitors to be temporary as it is partly due to China's economic slowdown and corruption crackdown. He said, "Once things die down, we'll see the return of these high rollers," he said. "From an Asian perspective, Asians will gamble regardless of good times or bad. It's different from a Western perspective, where gaming is more for leisure." Wong does not seem to make much sense when he claimed that economic slowdown was the cause of decline in Chinese visitors yet advocating that bad times will not stop Asian gamblers. Singapore's strong currency and lack of tourist attraction in their tiny island is more likely the cause for their failure to attract foreigners.

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My Comments

Laggards had the poorest attraction power.

Sex Change Surgery in the 18th-Century

Hermaphrodites

Hermaphrodites is the biological term for an organism that has reproductive organs of both male and female sexes. Hermaphroditic plants are called monoecious, or bisexual. Hermaphroditic animals are mostly invertebrates and usually parasitic or slow-moving like snails. In humans, hermaphroditism is an extremely rare sex anomaly. A true hermaphrodite is an individual who has both ovarian and testicular tissue [Encyclopædia Britannica]. Today we have a rich knowledge on the subject but back in 1997 it was a different scenario.

Thomas Brand's Report

A 7-year-old girl came to the Soho Square Dispensary for the Relief of the Infant Poor with her parents for treatment. The doctors' opinions differs. The first doctor's opinion was hernia but the second doctor's opinion was hermaphrodites. This case was documented as "the case of a boy who had been mistaken for a girl; with three anatomical views of the parts, before and after the operation and cure." The paper was sitting in the college's rare books library in the University of Kansas. In the early 2000s, Carol Warren — then a professor of sociology of the university — stumbled upon the report.

Thomas Brand's Surgery

According to Brand's report, published in 1787, he noticed an "irregularity" in the patient’s "external parts." After further examination, he concluded that the child’s "part, which had the appearance of the labia pudenda, was in fact the scrotum," and suggested an "operation to free the penis from its confinement." He went ahead and made some alterations, enabling the child—whose name is unknown—"to urinate standing up, wear trousers, and enjoy the privileges of being a male." Brand, who practiced at the Royal Hospital at Greenwich, was "not a quack," according to Mary Fissell, a professor of the History of Medicine at Johns Hopkins [Alice Robb, New Republic]. This may be may describe one of the earliest instances of sex-change surgery. For Dr Brand he actually corrected the child's gender. Was it possible for Dr Brand to correct the child sex to female?

Gender Roles

The child that Dr Brand operated was a girl for the first 7 years of her life. After having his penis freed from its confinements, this child led a life of a boy and goes into manhood. It show that gender roles can be trained or taught. In am curious about the initial gender adjustment period that this child went through.

Seeking Enlightenment: Sugar Babies Meets Sugar Daddies at Seeking Arrange...

REBLOG> Seeking Enlightenment: Sugar Babies Meets Sugar Daddies at Seeking Arrange...:
Sophia Logica's Original Blog

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Internet Prostitution

Sugar Babies goes to Seeking Arrangement to meet Sugar Daddies. Seeking Arrangement is a website that brokers the meeting of pretty young women with rich older men under the guise of providing social escort services. Tammy Castle, a professor at James Madison University, said "[The administrators of the Seeking Arrangement] are trying to avoid the negative stigma of prostitution by advertising this as just another dating website, but money is exchanged for arrangements that may include sex," the Atlantic reported on 19 Sep 2014.

In High Demand

As in the case with any search engine, the most important part is to be listed on top of the page. Men with annual incomes of over $5 or $10 million get the most attention. The site encourages women in higher learning institution. If women register with a ".edu" email account, they receive a free premium membership, something the guys have to shell out as much as $1,200 for.

The Ideal Product

Some men use the site entirely for sexual services. Most of them wanted sex and something else. They want a companion who understands and appears interested in what they have to say. A suitable mate to tag along for business trips or company events, and even meet their friends. Most importantly, they want someone who will help them pretend that the relationship is not a transaction.

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My Comments

Some people will choose the easy way out even if it was against their conscience.