Hong Kong looks to UK for help with racing industry

May 9, 2018 Wordpress God 0

The Jockey Club in Hong Kong is turning to an economic model used by the UK in an attempt to increase the countrys horse racing industrys revenue. The goal of the new plan is to double turnover, and increase the total to HK$137 billion.The model being adopted is known as the four-win proposal and is held responsible for a significant upturn in the UK racing industry. UK economic secretary John Healey claimed in March 2003 that the introduction of the system increased betting turnover by 46 percent and resulted in the creation of 2000 new jobs.The racing turnover of Hong Kong is the highest in the world, but has been falling since 1997 when faced with competition from other expanding gambling areas. Hong Kong asked consultants from the UK to help them address their issues, and for the past two months these consultants have been reviewing the industrys business for the last seven years. They have also been examining other economic factors such as employment rate as well as the availability of other gambling sources in or near Hong Kong, internet gambling and illegal bookmakers.The plan being presented to the HK government in the next few weeks starts with the recommendation of abolishing betting taxes currently in place and replacing with a profit tax instead. Government tax at the moment take 12 percent on simple bets (like win, place etc) and 20 percent on more sophisticated bets (tierce, double tierce. The club then takes 5.5 percent on simple bets and 5 percent on complicated bets to meet costs, and the remainder goes to charity.The new model replaces this system with the club taking 10 percent of bets for simple wagers and 12 percent for tierce-like bets. This is the basis of the new model, although it does get more complicated than this. The overall result though is projected to be not only the huge increase in turnover but also better dividends for punters, allowing the horse racing industry to better compete in an ever growing market. The jockey Club are turning to this new system as they believe it is their one strong chance to change the trend of declining turnover and profits that the Hong Kong racing industry is currently facing.

Online Poker Tells Identified in Victor Chandler Poker Survey

January 7, 2018 Wordpress God 0

Online Poker Tells Identified in Victor Chandler Poker SurveyOnline Poker Tells Identified in Victor Chandler Poker Survey’Poker tells’ are subconscious clues that players give out about the strength of their hands. But do such clues exist in the rapidly growing world of online poker where the only contact between players is via a computer screen London, UK July 12, 2004 New research from Victor Chandler Poker, www.vcpoker.com suggests that online poker tells do indeed exist. Thanks to classic films such as Rounders and The Cincinnati Kid that have dramatized the world of high-stakes poker, the gaming world has always been fascinated with the psychology of the game. And a large part of that psychology is the ability to read your opponents, to pick up on the subconscious tells that every player gives. Whether it’s the way they stack their chips or look at their cards, many a poker player has been sent home broke after a tell has let slip the strength of their hand. The rise of online poker was thought to have removed the role of tells from the poker table. But the research from Victor Chandler Poker, Europe’s fastest growing online poker room, suggests that a new set of tells are being discovered in the online game. Offline and online poker tells Victor Chandler surveyed regular online poker players and asked them about both offline and online poker tells. In the physical world, the most common tells were a player’s eyes (it seems they really are the windows to the soul), facial expressions and playing with chips. The top three online poker tells were: * Quickness to respond, reported by 76% of respondents a very fast check can indicate a weak hand, quick bets on the turn or river can often indicate a strong hand. * Slowness to respond, reported by 73% of respondents a pause followed by a check can often indicate weakness, while a delay followed by a raise often indicates strength. * Automatic play, reported by 68% of respondents a lazy approach to the auto buttons lets a player slip into a set pattern of play. Any breaks in this pattern are clear tells. Online poker players are relaxed but the survey also indicated that online poker players were more relaxed about tells, with only 31% of players actively looking for tells in their online opponents; yet, if playing offline poker, 58% said they […]

SWIFTgames For People on the Move

December 31, 2017 Wordpress God 0

October 14, 2004 — SWIFTgames has addressed a unique market niche – the bored executive waiting for his delayed flight to be rescheduled. It has long become apparent that boredom sets in as soon as one finds their flight delayed, their doctor’s appointment extended, or a customer appointment rescheduled. What to do? Well SWIFTgames has created a portal with short-play online games, specifically targeted to users that do not have a lot of time on their hands. SWIFTgames is devoted to the pleasure of offline and online game playing. We feature quick family games, casino games, training tips and education for your online enjoyment. We let you play some free family-oriented games, provide tips on playing cards and casino games and provide some links for you to purchase and download some great games. For those on the go – enjoy SWIFTgames.com! All games are Flash or JAVA based and do not require downloads. Are you bored? In an office or Airport? Waiting? Well try some of the games on this site – Perfect for Public Internet kiosks, WiFi Laptops or home computers. See our Political-humor, PacMan-Like fun, Bingo or other games. At SWIFTgames, you will find the latest information about online gaming and exotic travel destinations to help you enjoy your excess cash! At our sister site – SWIFTbingo.com you’ll find fun online bingo games to excite you. We’ll help you find the perfect game to keep you entertained, while you wait. Theres even some great political humor games, scrabble and other popular games. More games are added every day. SWIFTgames is also expanding its reach by providing useful software utilities to protect your computer and links to exciting travel destinations. Whenever we find a great value that can be played in less than an hour, we put it on our web site for everyone to enjoy!

888 holding contest for Paris trip

February 22, 2017 Wordpress God 0

In the past, 888 Casino has run some exceptional promotions for its VIP players but the chance to win a $40,000 plus trip to Paris would have to top them all. The trip is only eligible for those who are VIP members. Those players who are not VIP members should consider signing up as this qualifies them for some fabulous prizes. Mike Herea, Promotions Department Manager for 888 Casino, is thrilled to be associated with such a prestigious prize. “I am not sure there is a person in the world who wouldn’t be ecstatic at the prospect of going to Paris, especially at spring time. What a special prize which the whole family will never forget. Whoever wins this will have the time of their life.” “Previous casino-sponsored trips have included going to the Derby in London followed by tea at the Ritz. There was a trip to Las Vegas which included a plane and helicopter tour of the Grand Canyon. There was a weekend away to Maui in Hawaii. There was a golf trip to Costa del Sol in Spain where they played at the world famous Valderrama course which once hosted the Ryder Cup and there was a weekend away to New York.”

Betinternet look to global expansion following tax cuts

January 5, 2017 Wordpress God 0

The board of global online gaming group betinternet.com Plc, have released details of how the recent abolition in the US of the withholding tax previously charged to non-US citizens will benefit their business. On 22nd of October President Bush signed the changes to the law which now lifts the 30 percent tax previously charged to offshore punters on any winnings earned on races in the US. The board members of betinternet have now been making comments on how this change will prove beneficial for them and their plans for the future. The key gain for betinternet and businesses like it, is the law change now opens up immediate opportunities for global expansion. Betinternets board have revealed they are looking to develop the pari-mutuel betting side of their business, and this latest political change allows them now to look at extending their business further globally. The company already has a hub situated in the Isle of Man which connects on a daily basis to race tracks in over eighty countries. They also have already developed sites with multiple currency capability- all of which have been designed in line with industry standards. MD of betinternet Paul Doona said of the change to the law: The passing of this Bill opens up the opportunity for host tracks and content providers to globalise their product. As a result of the excellent regulatory framework within which we operate and the technical infrastructure and expertise available to us, we are in a perfect position to help them achieve this expansion.