Manitoba On Line Site Criticized for Creating Gambling Addicts

Manitoba On Line Site Criticized for Creating Gambling Addicts

A Manitoba online site, Playnow.com, has come under scrutiny from a former issue gambler who claims that the online gambling web site could become a problem for the Manitoba area, and that others could easily become addicted on gambling. The casino that is online government-run and operated.

‘I think on the web gambling, for all those the indegent that will put it to use, is lethal,’ told gambling that is former ‘Marie’ to CBC news recently.

‘We’re very great at hiding it,’ she added. ‘We’re excellent at being secretive. And now you are putting gambling online? Well, they can lay during intercourse with their credit card and gamble with their heart’s content.’

‘Marie’ recently gave up gambling, after sixteen years of playing keno and bingo in casinos led her to build up an addiction to gambling.

This year, more than 4,000 users have registered to Playnow.com, which was established to compete with the ever-increasing array of unregulated websites which see residents of Manitoba fork out around $40 million each year since the site was launched in January.

However, the worry comes from the fact a regulated, secure site such as for example Playnow.com will attract newcomers to online gambling that would otherwise not have tried it down. Perhaps they think safe means they can’t lose?

Those behind Playnow.com argue that safeguards occur on the website to assist in preventing gambling addiction, amongst which are mandatory b Continue reading “Manitoba On Line Site Criticized for Creating Gambling Addicts”

Please follow and like us:

No Smoking Revel Going Up in Smoke with Bankruptcy

No Smoking Revel Going Up in Smoke with Bankruptcy

Just days in short supply of a year as it exposed to fanfare that is great Atlantic City’s no smoking casino experiment Revel is looking to declare bankruptcy, centered on federal securities regulators’ disclosure statements the casino filed earlier this week. Through the secret of high finance sleight-of-hand, some $1.5 billion in staggering debt will now be converted into $1 billion in equity for the casino’s eager creditors, and a new CEO, Jeffrey Hartman (previously of the Mohegan Sun in Connecticut) will take over the reins with this faltering mare.

Resignations Certainly Are schmoop 1984 a deal that is good

Hartman gets control of for recently departed Walk of Shamers ex-CEO Kevin deSanctis and Chief Investment Officer Michael Garrity; thankfully, this is not Japan, or there is abdominal entrails from the penthouse to your parking lot by now. Nope, this is America, where a smartly negotiated contract whenever you sign up gets you a ride that is well-paid you’re axed; so DeSanctis and Garrity not merely get to stick to with the Revel brand, they can also look forward to about $7 million in consulting fees for all of those other year. Is that each or together? We’re perhaps not certain, but our cap goes off to their solicitors: well-played, counselors, well-played!

Smoke Signals

Although Atlantic City overall has been in a economic nosedive recently (attributed to everything from Hurricane Sandy to an ambiguous marketing Continue reading “No Smoking Revel Going Up in Smoke with Bankruptcy”

Please follow and like us: