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Archive for November, 2011

Don’t Gamble at Night

Wednesday, November 30th, 2011

Don’t Gamble at Night
Ever notice a pattern of big loss during playing poker or blackjack at night? Scientists have noticed this and are probing why gamblers lose big time during the night. Their first culprit was lack of sleep. Now gamblers have become favorable subjects for sleep research to prove if really it is sleep. Some players may have noticed making unsound decisions during a night of gaming. They never realized it until the game is far over. They could perceive a bad hand as worthy of a raise only to lose the bet later on. Such phenomenon might also be perceptive by those gambling online. Exhaustion will upset one’s thinking. Experts say that not having enough sleep makes one prone to accidents. History is witness of such statements with the accident at Chernobyl for example which happened, you guessed it, at night. For gamblers that means accidentally raising the bet without thorough thinking. For those online, it could be as simple as clicking for the wrong virtual poker room. In an experiment to test the result of sleep deprivation on decision-making two types of gambler were pitted against each other. One group was comprised of gamblers who barely had rest and the other who rested well enough and refreshed. The result of the study revealed that when sleep is cut short, gamblers go into jeopardous, high-paying options. By studying further the brains of these gamblers with scanners (MRI), a certain part of the brain becomes more active compared to those seen in well-rested subjects. The scientists added that one’s adeptness to learn from past mistakes is arrested. Losing does not take its toll until later when one’s mind clears. The gambler is not deeply involved with the bad consequences in holding risky cards. That makes matters worse. When such learning is arrested, the brain is only pushing for high stakes and is gambling and not folding even in cases of a bad hand. One’s brain becomes only focused on the gains and not the reality of one’s hand. This muddled thinking is similar to those experiencing insomnia that wake up in the middle of the night confused. The good thing is that these gamblers are choosing decks that are of great advantage to them. And so the scientists are now advising gamblers to carry watches or be conscious of the time so as to rest after hours and hours of play. Most importantly just don’t neglect how important sleep is to a gambler. This sleep study on gamblers has shed a new light on the perils of playing when tired.

Rhode Island Governor’s Veto Stands Against Casino Gambling

Wednesday, November 30th, 2011

Rhode Island Governor’s Veto Stands Against Casino Gambling
A bill which would allow table games to be operated at Rhode Island racinos failed to advance beyond the governor’s veto, leaving voters unable to decide for themselves. A bill passed by both houses of the Rhode Island legislature which would allow full casino gambling at the state’s two slot parlors won’t make it to the voters, as a deadline to override the Governor’s veto passed today. Governor Donald Carcieri had refused to cooperate with a bill expanding gambling, and the lawmakers had to bypass the veto by today to have the measure placed on the ballot this year.The new law would allow the operation of table games, including blackjack and roulette, to the selection of gambling provided at the racinos.The Twin River slot parlor is already in bankruptcy, and the Newport Grand facility is struggling financially, as the state places an onerous tax burden on the gaming houses. Carcieri helped change rules which forced the two erstwhile dog tracks to meet minimum hours of live racing, as the racing was losing money, but the chunk given to the state is substantially greater than greyhound losses.Carcieri also denies his own constituents the right to decide the issue for themselves. Because the expansion of gambling requires a constitutional amendment, the ultimate fate of the bill would have been decided in the general election.With table gaming denied for more than a year at best, the future of the Rhode Island gambling houses is in question. OCA gambling analyst Sherman Bradley says the state’s greed, combined with its intransigence over admitting new casino games, may cost it the multi-million-dollar golden goose. Published on August 10, 2010 by MattMiller

Ownership shift OK'd for Maloofs' casino

Friday, November 18th, 2011

Ownership shift OK'd for Maloofs' casino
Ownership shift OK’d for Maloofs’ casinoSource: Sacramento BeeFriday 18th November, 2011  Nevada regulators Thursday approved the transfer of the Maloof family’s Palms Casino to its creditors.The Maloofs, who own the Sacramento Kings, have just 2 percent of the Palms under the deal approved by the Nevada Gaming Commission.The new majority owners are two investment firms that held the resort’s debt, Leonard Green & Partners and TPG Capit… …Read the full story at Sacramento Bee

Donald Trump Looking for Legal Online Gambling in U.S.

Saturday, November 12th, 2011

Donald Trump Looking for Legal Online Gambling in U.S.
What is the worst thing that anyone could do to Donald Trump…take money out his pockets and according to him that is exactly what is happening. It seems Mr. Trump, founder of a casino company in Atlantic City, says it’s time for the United Stated to take steps to approve online gambling. His company, Trump Entertainment Resorts, is making plans to be ready as soon as it happens by establishing its own online betting venue. His company is close to selecting a joint venture partner to help them run an online gambling operation and hopes it will be sitting on the ground floor ready to launch as soon as online gambling is legalized in the United States. Trump said that having the best brand is the key to a successful online gambling site and that “We think we have the hottest brand there is, the Trump brand, my personal brand, we think it’s going to do phenomenally well.” The company’s CEO Robert Griffin had this to say not only about online gambling but also about the resent set back in New Jersey concerning regulating online gambling; “Currently, millions of Americans engage in online gaming with illegal offshore operators, and do so with no oversight, no regulation or no consumer protections. It makes sense for the state of New Jersey to regulate this activity, enforce strict standards to ensure games are fair and safe, and in turn be able to collect tax revenue instead of having those dollars and the jobs they support leaving New Jersey and going illegally overseas.” Related posts: Trump Returns to AC Casinos YouTeller Launch Postponed After Legal Problems With Neteller Canada Pushing Legal Online Gambling Legal Online Poker in D.C. Internet Gambling Revenue to Help Fund Health Care Reform? This entry was posted on Monday, October 24th, 2011 at 7:52 pm and is filed under Online Casino News and Information. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.