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ลาก่อนโป๊กเกอร์บน Calvin Ayre
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ในช่วงที่เกิดภัยพิบัติทั่วโลกมีความคิดว่าโป๊กเกอร์จะผ่านเทศกาลดนตรีสดซึ่งมีเกมโป๊กเกอร์มากมายที่ดึงดูดผู้เล่นโป๊กเกอร์รายใหม่ อย่างไรก็ตามโป๊กเกอร์แสดงให้เห็นถึงมือของมันในช่วงวิกฤต COVID-19 ในปัจจุบันและมีการผสมผสานระหว่างโป๊กเกอร์และการ์ดสล็อตการ์ดที่แสดงถึงความแข็งแกร่งและลักษณะนิสัย โป๊กเกอร์สมัยใหม่มีความเจริญรุ่งเรืองโป๊กเกอร์มีความสำคัญเสมอในการรองรับผู้เล่นใหม่เหล่านี้และอุตสาหกรรมก็มีความยืดหยุ่นมากขึ้น บางทีมือที่โป๊กเกอร์แสดงให้เห็นว่าเป็นราชาแห่งกระเป๋า แต่วัวทุกตัวต้องไปถึงพระอาทิตย์ตกในวันหนึ่งและวันนั้นก็มาถึงไซต์โป๊กเกอร์บนเว็บไซต์ CalvinAyre.com ว่ากันว่าผู้เล่นโป๊กเกอร์รายใหญ่ทุกคนมีกลยุทธ์ในการออกและหลักการนี้ควรใช้กับผู้ที่นำเกมมาสู่แฟน ๆ และผู้เล่นด้วยเช่นกัน Calvin Ayre อยู่ในระดับแนวหน้าของการตลาดส่วนบุคคลและเป็นมืออาชีพเกี่ยวกับการเล่นการ์ดมาหลายปีแล้ว เป็นเวลานานแล้วที่ CalvinAyre.com เป็นสัญญาณในคลังข่าวโป๊กเกอร์ แต่ในฐานะผู้เผยแพร่โพสต์ที่ถูกต้องนี้ฉันไม่ได้อยู่ตรงกลางของบทบาทนี้ตราบเท่าที่ฉันอ้างสิทธิ์ที่ใดก็ได้ที่ใกล้มูลค่า ขอขอบคุณอย่างยิ่งสำหรับรายงานที่โดดเด่นของเขาในเว็บไซต์นี้ควรไปที่ Lee Davy ซึ่งเป็นเวลาหลายปีที่ทำให้โป๊กเกอร์มีชีวิตขึ้นมาใน Calvin Ayre โดยส่วนตัวแล้วฉันเป็นหนี้จำนวนมากเพื่อขอบคุณลีสำหรับความพยายามของเขาไม่เพียง แต่ทำให้ฉันรู้สึกดีเท่านั้นที่ได้รับเสื้อคลุมเมื่อเขากลับไปที่ทุ่งหญ้าแห่งใหม่ แต่ยังสร้างแบรนด์ Calvin Ayre ได้เป็นอย่างดีในช่วงหลายปีที่ผ่านมา ของเราเป็นอุตสาหกรรม แต่มันก็น่าตื่นเต้นและยินดีต้อนรับและ Calvin Ayre ก็เป็นส่วนสำคัญของอุตสาหกรรมโป๊กเกอร์ในช่วงเวลาของฉันเช่นกัน ชื่อเปิดประตูช่วยให้ฉันพูดคุยกับผู้เล่นโป๊กเกอร์ที่ยอดเยี่ยมจากทั่วทุกมุมโลก ข่าวล่าสุดเป็นเรื่องที่ดีที่จะนำเสนอให้คุณแฟน ๆ ของโป๊กเกอร์ข่าวใหม่คุณสมบัติที่ทำให้อกหักเพชรพื้นที่และสโมสรในทุกเรื่องและหวังว่าจะสร้างความบันเทิงให้กับคุณ ในขณะที่บางคนอนาคตของโป๊กเกอร์ออนไลน์เป็นหัวข้อสนทนาที่สำคัญ แต่คนอื่น ๆ ก็อยากรู้ว่าจะต้องทำอะไรบ้างในการลาออกจากงานและกลายเป็นผู้เล่นมืออาชีพ มีหลายสิ่งที่รบกวนจิตใจในการเขียนเกี่ยวกับโป๊กเกอร์ผ่านภัยพิบัติของโลกเป็นเรื่องแปลกที่จะต้องอ่านและต้องเขียนคำเหล่านี้อย่างไร ตั้งแต่คำพูดที่เคลื่อนไหวไปจนถึงการสร้างแรงบันดาลใจให้กับผู้เล่นที่เข้ามาหรือการรักเกมอย่างต่อเนื่องไปจนถึงสิ่งที่สามารถช่วยให้ผู้เล่นเป็นทางเลือกแทนการทำงานหนักที่พวกเขาสามารถรักษาได้ (พวกเขาอยู่ที่นี่!) แน่นอนมันเป็นงานที่ฉันให้ความสำคัญมาก และฉันหวังว่าคุณจะมีความสุขกับสิ่งที่ฉันและสมาชิกคนอื่น ๆ ของ Calvin Ayre สามารถนำมาให้คุณได้ในช่วง 18 เดือนที่ผ่านมา การนำเสนอซีรีส์ข่าวเช่น On-Screen Poker และ Poker ที่ Publish ถือเป็นเกียรติอย่างยิ่งสำหรับตัวผมเองและทีมงานและผมยังได้มีโอกาสพูดคุยเกี่ยวกับโป๊กเกอร์ในภาพยนตร์และโทรทัศน์ใน Race Chip ที่ได้รับรางวัลพอดคาสต์เมื่อเร็ว ๆ นี้ เช่นเคยฉันติดตามผู้คนมากมายที่ฉันจะพูดถึง แต่ Derek, Bill, Jasmine และสมาชิกทุกคนของ Calvin Ayre รวมถึง Calvin เองต่างก็แสดงความศรัทธาอย่างมากในตัวฉันที่จะจุดไฟ ฉันหวังว่าฉันจะให้คำชมทั้งหมดแก่พวกเขา สุดท้ายนี้ฉันอยากจะขอบคุณคุณผู้อ่านที่ยังคงกลับมาหาสิ่งที่ฉันเขียนเกี่ยวกับทุกวันสัปดาห์เดือนและปี คุณคือคนที่ฉันเขียนถึงผู้อ่านตลอดเวลาและถ้าคุณชอบสิ่งที่คุณอ่านก็ขอให้สนุกกับการติดตามฉันทาง Twitter ซึ่งจะมีการประกาศสถานที่ใหม่ในเร็ว ๆ นี้ ฉันตื่นเต้นพอ ๆ กับอนาคตของตัวเองเหมือนกับอนาคตของโป๊กเกอร์และเมื่อฉันเปลี่ยนสถานที่ฉันจะอยู่ที่โต๊ะ ฉันมีชิปในเกมหลังจากทั้งหมด
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iGaming NEXT: POWER Hour kicks off 2021 with a look ahead
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The iGaming NEXT: POWER Hour is back, starting 2021 with a great lineup of conversation on Friday, January 15. This monthly series of social digital gatherings is starting the year off right with four great topics nine amazing participants.At 3:00 CEST, Green Jade Games’ Chairman Jesper Kärrbrink starts us off with an Industry update. Although he’s only slated to speak for 10 minutes, Kärrbrink always has a great perspective on the gaming industry and the world beyond it, and it could just be the best 10 minutes of your day.Following that is a Fireside Chat on “Is Entertainment the future for iGaming? Nicola Longmuir, CCO of Push Gaming will be joined by Sam Brown, CCO of Hero Gaming, and continue iGaming NEXT Online’s look at how gambling can learn from the entertainment industry.At 3:30 CEST, Better Collective’s Head of strategic events Shona ODonnell will be joined by Hero Gaming CMO Scott Dodson for the Fireside Chat: “That’s entertainment! With the rise of addictive technology, how can gambling compete for consumers time in what is a largely unregulated marketplace for its competitors.” The question is right there in the title, you have to tune in to see what their answer is.Finally, the POWER Hour ends with a Panel Discussion on the “Trends for Growth in 2021.” Discussing what will work best for the year will be Rhi Burns, Chief Commercial Officer, Annamaria Anastasi and Magnus Axelsson, Sales Managers at Zimpler, and Sarah Psalla, Business Development Sales at Zimpler.iGaming NEXT has quickly made a name for themselves in the gambling industry by delivering a different kind of discussion for the gambling industry. As co-founder and Managing Director Pierre Lindh told us in October, the series was designed to offer something a little different, and bring a TED talk feel to the gaming space.It’s free to join the iGaming NEXT: POWER Hour, so there’s really no miss it. Just sign up here, or check their website to see previous POWER Hours. You can also check out our previous coverage of iGaming NEXT Online to get a taste of what to expect.
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PokerStars Rolls Out New LSNG Leaderboard Promotion, Tetris + Spin & Go
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PokerStars has rolled out Tetris + Spin & Go, a temporary takeover of their ultra-popular lottery sit and go game with a new theme and a lucrative new promotion for players. F5poker first revealed that PokerStars was working on such a promotion back in September 2020. On Monday, it deployed globally on most licenses on the global dot-com pool as well as on France and Spain, part of the European shared liquidity network. The Spin and Go lobby in the client has been redesigned with a Tetris aesthetic, as have the tables. The game itself remains unchanged—fast, winner-takes-all sit and gos with a random top prize. What is new is the promotion on top: Tetris-themed leader boards. While the mechanics are fairly complicated—it involves Line Clears, Levels and Game Scores—it boils down to daily player rankings where cash prizes are given out to the highest volume players. For players that fall outside the cash prizes, the operator has a $5000 daily prize draw for players that finished in the top 500. In total, the operator says that over $1.5 million will be paid out in the dot-com market and almost as much—€1 million—in the Southern European market from now until the end of March. This works out at over $33,000 daily in dot-com, and €23,000 in Southern Europe. It appears to replace the previous long-running Spin & Go 20 and 50 leader boards. This had given away just over $20,000 a day and had run throughout much of 2020.
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Town Council Bans Online Gambling Establishments in Branford
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This week, the Town Council of Branford, Florida banned the operations of establishments allowing any type of online gambling, including online gaming machines, sports betting facilities and online casino. The ordinance passed unanimously and there is no public comment or opposition voiced at a meeting on the matter. Earlier this month the same happened to Marion County where online gambling machines were banned. According to Town Council President, Ken Saunders, the ban was necessary for the town since it was so small, just a mile radius, and there was no place for online gambling activities. Another reason behind the decision is that there are many churches and residential areas, such as parks, playgrounds and schools and since the town is so small, there is no way to have protective zones around these facilities. This makes it difficult to keep an online gambling establishment like internet cafes that would allow online gambling and sports betting. The ordinance says “The Town Council finds it necessary to ban the operation of these establishments for the health, safety, morals and welfare of the community of Branford.” Donna Hardin, the town clerk of Branford for over 15 years said that the council did not want any kind of online gambling establishments inside the municipal limits. She added: “Our town is so small we don’t really have any room for it.” According to her, the town currently did not have any internet cafés and the council wanted to keep it that way. The ordinance stated that the ban is active for 12 months with an automatic 6-month extension, which could only be stopped or reduced by the council itself. Hardin said that during the 12-month period, the council would be able to keep a close eye on the problems regarding online gambling in town and later it would evaluate if more actions should be taken. Marion County Example According to Hardin, Branford’s council is learning from what happened to Marion County. The ban there was followed by robberies of online gambling machines and establishments in the county. The Branford vote is a preventive measure to ensure that no such thing could happen to the town. According to Marc Dunbar and Daniel Russell, who specialize in gambling law, internet cafes are considered to be convenience casinos or adult arcades, which offer online games that are almost identical to slot machines in casinos. They added that currently Florida has more types of gambling than any other state in the US. Meanwhile, measures should be taken to ensure a safer gambling experience. The town council does not plan to see any establishments like internet cafes within the borders of Branford. According to Saunders, meanwhile more businesses are built in the town that its citizens are more likely to enjoy. He added: “Our town is growing, but it’s businesses that everyone can use.” Source: “Branford bans online gambling establishments”, WUFT, February 15, 2021
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Thousands of jobs available at tribal casinos
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With millions of Americans out of work, the first sign of a recovery has to be in new jobs coming on the market. The tribal gaming industry is doing its part, with several operators posting new jobs in the past few weeks.Seneca Gaming Corporation has lots of jobs available at the Seneca Niagara Resort & Casino in Niagara Falls and Seneca Buffalo Creek Casino in downtown Buffalo. The operator will be hosting a job fair for open positions on February 25 between 10:00am and 6:00pm.“Even with the changes and challenges everyone has gone through over the past year, Seneca Gaming Corporation has remained one of the largest employers in Western New York, and we are excited to be growing our team across a variety of departments,” said Meghan Smith, Seneca Gaming Corporation’s vice president of human resources. “We truly believe that the time we spend at work should be rewarding, fulfilling and fun. That’s how we approach our jobs every day. If people are looking an opportunity in that type of environment, we are ready to talk to them.”Attendees can check out what’s on offer in person or virtually, but should be ready for an interview at a moment’s notice.On the other side of the country, the San Manuel Band of Mission Indians are also on the look out for fresh talent. That operator has more than 500 jobs to fill, with as many as 2000 coming for the rest of the year. They’ll be having their virtual career fair on February 18 from 9:00am to 4:00pm.“The expansion of San Manuel will offer an economic boost to the local job market at a time when it is really needed,” said Brigitte Saria, Chief People and Infrastructure Officer. “Our efforts to boost the local economy are guided by our commitment to ensuring our employment process and work environment follow leading health and safety standards.”The Chukchansi Gold Resort and Casino in Coarsegold, California are also hiring. The tribe is looking for 50 full-time and part-time positions, and will have a job fair on February 23 from 10:00am to 1:00pm.Add those jobs to the 150 that Oneida Nation Enterprises were offering as of last week, and there’s a lot to be hopeful for about the future of the economy, and particularly that of tribal gaming.Connecticut tribes close to new dealGovernor Ned Lamont wants sports betting in his state, and he needs a new deal with the tribes to get it done. He used his budget address to emphasize the push:“My administration has been in active negotiations with our tribal partners to bring the state’s gaming economy into the digital age. And I am submitting legislation which reflects what I believe to be the best bet in ending this stalemate of inaction in a way which is in the best interest [of] the entire state.”Construction resumes at Four WindsThe Pokagon Band of Potawatomi Indians’ contractor recently resumed building a hotel at Four Winds South Bend Casino. Construction slowed down significantly due to Covid-19.The new 23-story hotel was originally due to be completed this year. But with construction crews only working on the foundation now after a 10-month delay, maybe 2022 seems more accurate.
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Is Hellmuth vs Negreanu happening?
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We recap some stories you may have missed including a huge PKO event and how much of himself is Landon Tice playing for? KidPoker vs the Poker Brat? We hinted at it last week and now it seems confirmed that Daniel Negreanu and Phil Hellmuth will play heads-up.  Given both men are traditionally live players it seems inevitable that it will be face to face and streamed on PokerGO.  The early betting markets have suggested Hellmuth is the favourite, which seems ludicrous given how much Negreanu improved in his heads-up challenge against Doug Polk.  Happy to play anyone on @PokerGo App’s “High Stakes Duel.” Looks like they are bringing me the GREAT Daniel Negreanu @RealKidPoker, the guy that studied heads up for months w coaches I respect, so be it. It will be a great challenge for me! Hoping I don’t look like THIS photo!! pic.twitter.com/EpE1BqRMWP — phil_hellmuth (@phil_hellmuth) February 13, 2021 Tice has skin in the game The other big heads-up match in the works is Landon Tice vs Bill Perkins, and it has been the subject of a lot of debate this last week. Namely, how much does the poker wunderkind Landon Tice have invested in himself? Rumours circulated that he is playing for just 10% of himself in this challenge where he is already paying Bill Perkins $720,000 to play.  Tice confirmed that he has sold a lot of action for this event but while his percentage is low, it still means he has a lot of his net worth on the line: Let me make something clear that I'm sure everyone cares about regarding my challenge with @bp22 I'm selling a lot of action for it. A lot.I'm not rolled to battle at nosebleeds. However, I am putting a very large amount of my relative net worth on myself winning it. — Landon (@LandonTice) February 11, 2021 MicroMillions the biggest PKO ever? The MicroMillions Main Event was a PKO for the first time in its history and it (probably) automatically became the biggest field ever for a progressive knockout tournament.  49,487 entries for the $22 Main Event, which was not quite enough to hit the $1 million guarantee.  It did lead to one player bagging almost $60,000 for their troubles including $18,651.13 in bounties alone: The final table Table stakes only OK, so this week's meme classic from Reddit beats all those 'toilet roll poker home game' jokes from last year: When Polaks Play Poker from r/poker Will we see Hellmuth vs Negreanu heads-up? Let us know in the comments: Barry Carter Barry Carter is the editor of PokerStrategy.com and the co-author of The Mental Game of Poker 1 & 2, Poker Satellite Strategy and PKO Poker Strategy
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GGPoker Adds More Variety to No-Strings-Attached “Daily Freebie” Promotion
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Verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day.One of the most popular promotions for low stakes players on GGPoker has been further expanded. During the software update on February 10, the Daily Free Spin promotion changed to Daily Freebie. Furthermore, UK players can now also claim the daily gift for a chance to boost their bankrolls. All players, both existing and new, just need to have verified accounts and log in each day to claim their gift, which lets plays play real money tournaments—and compete for real money cash prizes. The update has expanded what is given away. Now, there are Daily Freebie tickets for Flip & Go, the super-successful new format introduced in January 2021. It has also undergone some changes since its launch, with GGPoker increasing the frequency and adjusting the buy-ins as well as the maximum number of stacks for purchase. “GGPoker is happy to confirm that we’ve relaunched our Daily Free Spin offer as the Daily Freebie; verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day. All they need to do is log in and claim their daily reward!” said Paul Burke, Head of Public Relations at GGPoker. “We hope to continue to change up the rewards on offer in the future, giving all players the opportunity to try out GGPoker’s most exciting games, no matter their bankroll.” For existing players, Daily Freebie is available immediately—just log in and claim. If you haven’t yet signed up, you can do so today and enjoy the promotion as soon as you have verified your account. You can also take advantage of all of GGPoker’s generous welcome bonuses. How the GGPoker Daily Freebie Promotion Works The operator has seen unprecedented growth in 2020 to become one of the leading online poker platforms for tournaments and cash games. GGPoker has achieved that with a plethora of promotions, innovations, and high-profile partnerships. Their continued success has led to a record $7.5 million in promotions given away in February 2021. One of several promotions for players with smaller bankrolls is the Daily Freebie formerly the Daily Free Spin. This was launched on September 7, 2020. It has given verified players the opportunity to claim one $0.25 Spin & Gold ticket every day ever since. The free ticket courtesy of GGPoker continues to be available under the new name three times per week—*but this rotates with other ticket types.* Players can see the next six upcoming Daily Freebies listed under the “My Promo” tab. A new daily gift becomes available after each daily reset at midnight Pacific time. Each ticket will continue to feature an expiration date of 24 hours once the Daily Freebie has been awarded. The current rotation of Daily Freebie is fixed for the time being. However, GGPoker hopes “to change the daily prizes on a semi-regular basis,” according to Burke. He also hinted at a strong possibility that the Daily Freebie will include the alternative currencies C$ or T$ sometime soon. Newly included as a prize in the Daily Freebie is a $1 Spin & Gold ticket, which can be claimed once per week. Furthermore, five $0.05 Flip & Go tickets are up for grabs three times per week, giving players the chance at trying the new tournament format free of charge. As a mixture between a Flipout and regular tournament, Flip & Go was launched on January 12, 2021. However, it only took a few days for the first tweaks to be made. Initially slated to take place once every hour, it was soon increased to once every 30 minutes. The buy-ins were also adjusted and the lowest available stake was increased to $0.05 with a guarantee of $50. Players can now take a shot at their own leisure three times per week and enter this lowest tier with five stacks thanks to the Daily Freebie. Upon launch, the Flip & Go featured a maximum of 10 entries for each of the four stakes. However, that number has been adjusted recently and the stacks for purchase are now capped at a maximum of eight. This makes the bonus stacks based on the holdings during the Flipout stage more valuable in comparison. The overall feedback for the new tournament format has been very positive, as outlined by Burke. “Players love it! We have been very pleasantly surprised by the positivity seen across almost all feedback, of course not all players are interested in a new game type but those who have tried it have mostly good things to say about Flip & Go. We’ve also received some constructive criticism, which is also valuable.” Further tweaks to the Flip & Go format may very well possible, as GGPoker is constantly reviewing and optimizing its schedule. One such adjustment was made with the expansion of the popular Daily GGMasters earlier in February. The changes to the Daily Freebie promotion went live on February 10. All verified GGPoker players in eligible countries can claim their daily gift under the “My Promo” tab after each daily reset.
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Glorious Guardians Slot Review
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Glorious Guardians is going to be a joint title, from Ash Gaming and Playtech, one of the 2021 slot games that will be coming out from this developer. The base for this one comes from China and from its amazing creatures specifically. We see the concept both in its design and in its utilization of Twin Symbols during its major feature.Glorious Guardians gives 5×3 reels. The slot will settle up to 2,000x the stake through its fixed bonanzas. It’s major features are the Wild, free spins with Twin Symbols and scattersBetting and Prizes A few fixed bonanzas can be delivered by Glorious Guardians. These are the Mega Jackpot of 2,000x the stake, Major Jackpot of 200x the stake and Mini Jackpot of 50x the stake.Glorious Guardians Slot Features In spite of the fact that extremely basic for an uncommon feature, the Wild image is as yet going to have a significant effect over the long haul, and for some it might simply do what’s necessary to transform a losing meeting into a productive one. The manner in which it works is standard, as a substitute that you can utilize while framing new blends, given that you get different images which are required.The huge feature of Glorious Guardians will depend on the free spins however. When you get those set off, you will locate that the first and fifth reels will have coordinating images on them, with the guardians covering both. During the free spins, this can make it simpler to shape 5 image mixes of that kind.Theme and Design Obviously, there is a major spotlight on the creatures mentioned in the story of China and I love how Playtech and Ash Gaming managed it design wise. We’re taking a look at a background picture showing palaces and sculptures of these creatures on the two sides while the reels mark the outer reels with red and the center ones are kept separate.Images will give you pictures of the Royals at first, beautiful but standard choices in any case. You at that point proceed onward to images with the creatures (Dragons in green or gold, White Tigers, Phoenix Bird Turtles) and the feature triggers (Wild).ConclusionGlorious Guardian is generally a good slot machine with nice features, so you can try it out.
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Did the next Macau bubble just start two weeks ago?
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The entire concept of a “bull market in stocks” makes little sense. Sound crazy? These days, certainly, because we’re always hearing about a perpetual bull market in stocks. Valuations increasingly disconnected from economic reality, asset bubbles in one class or another, armies of speculators moving like zombie hoards descending on the next fad and blowing it up to infinity and beyond, Buzz Lightyear-like.Why is the whole concept of a bull market generally, nonsense? Because if the value of everything is going up simultaneously, then nothing is going up. If everyone is a superhero, nobody is. If, in an imaginary economy, absolutely everything costs, say, $5, (labor, land, capital whatever) and then the next day everything costs $10, then what’s changed? The answer is absolutely nothing.The only thing that matters is relative valuations between asset classes. Let’s divide them into three of the most basic ones. Equities (stocks), bonds (debt), and commodities (consumer goods). If all three are going up in tandem, then there is no “bull market” in anything. If commodities are going up faster than stocks and bonds, you have inflation, or even hyperinflation. Ask anyone in Venezuela whether they care that their stock market is doing great, nominally. They don’t. They’re looking for their next glop of gruel or morsel of moldy bread to survive the day.But if stocks and bonds are rising and consumer goods are static to falling, you have a bull market in financial assets. This is where we are now. And boy are we really hard and deep into it now. Below is the ratio of the S&P 500 to the CRB Commodities Index.And I’ve got news for everyone. This bull market in stocks relative to consumer goods in dollar terms is already over. It ended almost a year ago. On April 20, 2020 to be exact. Red circle blowoff top above. That was when oil crashed to negative $35 a barrel and we all lived in an alternative financial freakhouse universe. But I have more news than that. This entire “bull market” in stocks has been one gigantic illusion from the very beginning. Stocks aren’t going up. They haven’t gone up for 21 years. Money is going down. Here is the graph of stocks relative to the prime monetary commodity, gold, over the same timeframe above.We can see here that from 1990 to 2000, we had a real bull market in stocks. Equities rocketed in gold terms and in terms of consumer goods generally. Everyone felt richer. Portfolios up, expenses down. But since that time, money has been dying at an accelerated pace and the standard of living has fallen.The bull market in stocks over the last 21 years has been an illusion, a tiny echo of the bull that ended at the turn of the century. We have spent the last 21 years trying to reinflate it, but gold has exposed the lie. We are now at the point where the illusion is about to collapse completely. In my view, we have only a few months left until it all hits the fan. Until then, the bubbles will keep coming in staccato frenetic fashion, moving from one asset class to another faster and faster, until we all get so dizzy we can’t follow it anymore. Last week I speculated that maybe the next target for the zombie hoard will be in penny gaming stocks. I was close. It’s in Macau stocks. It may already have started two weeks ago. The frenzy has started over news about China opening up again. I mean, just look at this crazy chart of the Macau proxy ETF:That last surge higher is just since February 1. We could be at the beginning of a crazy but brief ride higher in Macau stocks right now. New all time highs again, and Macau isn’t even fully open yet. The latest full month statistics for December show a 78.6% drop in visitors year over year. And yet we’re at new all time highs in these stocks already. It’s just completely crazy. I can understand the Macau opening up again trade, but to argue that this factor is being priced in at these levels, at new all time highs? As if none of this full year shutdown hurt any of the casinos fundamentally at all? That’s just totally bonkers crazy. It’s a reflection of the value of the currency these stocks are priced in, not the stocks themselves.What’s happening is that the zombie hoard of bubble chasers is reading the headlines regarding China starting to open up again, and they’re slamming buy orders and call options like they’ve been doing with tech stocks and Gamestop and BTC and all the other fads. We just got news out of Bloomberg that China’s Imax had a face-ripping rally due to exploding ticket sales. China is, indeed opening up, and the zombie hoard of speculators is now going to spray their money hoses at anything Chinese. Macau might be at the center of it.How high can this Macau bubble go, if that’s what we just saw start two weeks ago? The truth is, it doesn’t matter. If you get into it, you’ll get hooked and keep levering yourself up, counting your paper gains, unable to separate from them until you get caught in a vortex. At some point, my view this year, it’s all going to come crashing down when all the damage from 2020 is finally revealed all over the world. You can’t paper it over forever. The damage to Macau casinos doesn’t just go away. It festers in the form of more and more debt, and a damaged consumer base that can no longer patronize casinos in the way it once could. Festering wounds need the paper bandage removed and they need to be operated on. That is painful. And it’s coming.When we think of the word “bubble”, what are we really talking about? A bubble is something that looks, from the outside, to be really big and stable. The shape of it, a sphere, is the most stable shape in the universe. It’s why planets, stars, moons, and possibly even the spacetime continuum itself, spontaneously shape themselves into spheres. The force of gravity equalizes at every point on the sphere, forming equilibrium. Nature always seeks equilibrium. And so bubbles take on the illusion of stability, but unlike a real sphere, there’s nothing inside them. When they pop, they are gone almost instantly. This one is about to pop. Macau appears to be the next victim sucked up by the bubble. Macau will survive and rebuild. The question is, in what form? I wouldn’t take a bet the depended on me getting the answer to that question right.
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Richard Downey explains the power of the US sports betting market
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No one in the industry can underestimate the old fashioned values of building trust amongst customers. Richard Downey, Senior VP for Connections by the Specialist Works, understands that more than most. He sat down with Calvinayre.com’s Becky Liggero Fontana to share his insights on the U.S. sports betting market.Downey emphasized leveraging relationships from prior careers. “I was publisher of a magazine called Poker Player and I moved from there into the agency. I’ve been able to maintain an involvement in the gaming industry by having clients in the space,” Downey said.Downey is a firm believer that operators still require a that branding plays an integral part in building trust with customers in the highly competitive U.S. sports betting market. “In the gaming sector there is an element of credibility and trustworthiness that exists everywhere, but especially in the U.S. market. Getting access to online gaming in the U.S. market for the past period of time has not been completely legitimated. Gaming is being rebranded as mainstream entertainment and it’s really important that the brands that come through with it do a good job for the customers.”Downey pointed out that new operators have to consider the Vegas perceptions of gaming when it comes to brand marketing and alignment.“For a long time gaming has been synonymous with Las Vegas and therefore it’s completely logical that a lot of the Vegas gaming companies are using their brands to do that job of legitimization and credibility. If a gaming operator is trying to break into the mainstream market in the U.S. then I think having a credible brand behind you, either through brand recognition or through marketing is a good way of making people believe that you know that their gaming environment is a safe one,” he said.In the full interview, Downey gives advice for new operators for developing brand strategy in the U.S. sports betting market. And if you haven’t yet, watch all of our videos as they go up by subscribing to the CalvinAyre.com YouTube channel.
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