Monthly Archives: July 2016

Will Donald Trump say ‘Model Lives Matter’ during his RNC acceptance speech?

Non-Americans won’t get to vote for or against Donald Trump this November, but unlike most Americans, they can vote (with their wallets) on what comes out of his mouth.

Trump will give the biggest speech of his young political career Thursday night, on the fourth and final day of what has been a highly entertaining (for all the wrong reasons) Republican National Convention, less a political rally than an epic shitshow of dysfunctionality.

Monday began with RNC officials denying the Never Trump holdouts their right to put their dissent on the public record, thereby ensuring a much greater story than if the party brass had simply let the dead-enders engage in their movement’s pointless symbolism.

Ditto with Monday’s Michelle Obama-plagiarizing speech by Trump’s ex-model wife Melania, a fiasco that the Trump campaign could have nipped in the bud within the hour by throwing an unknown speechwriter under the bus. Instead, they spent 48 hours denying that water is wet, only changing course when they realized that most (but probably not all) of Trump’s supporters had indoor plumbing.

Russia to Classify Bitcoin as Foreign Currency

Russia’s war against Bitcoin is losing steam: its antagonistic attitude toward the decentralized currency is now apparently thawing. The country has been flexing its muscles against the digital cryptocurrency since 2014. Earlier this year, Russia even took steps to outlaw the use of all such monetary forms with a bill that sought to make their […]

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Incredible Lotteries at Shangri La Casino Tbilisi – 300,000 in Three Weeks

Shangri La Casino Tbilisi announces an unprecedented lottery fund for Georgia, comprising a total prize fund of 200,000 US dollars for table players and 100,000 lari for slots players. All Shangri La players will have a chance to win substantial cash prizes no matter what games they prefer or what status they hold. The new promotion is divided into three weeks: 100,000 dollars lottery for VIP players, followed by 100, 000 GEL for slots players and finally 100,000 dollars for all tables players. The most pleasant factor for Shangri La guests is that the tickets for the draws are issued simultaneously with the regular weekly and monthly casino lotteries, so players actually receive another chance to win cash prizes without necessity to comply any additional criteria.

A specific of Shangri La lotteries, is that all the announced prize funds are guaranteed to be drawn and always the prizes are instantly given to players in front of the others, so there is no any doubt that the money goes to the real winners.

The 300,000 in Three Weeks lotteries are scheduled to run every Saturday for three weeks, starting from November 26th. The corresponding lottery tickets will be issued till the day of the draw, so the earlier players start to collect them, the more chances they have to become a winner. However at the end there is only one ticket needed to win the prize.

Shangri La Casino Tbilisi

Turning point for bitcoin: IMF forecasts 1,640% inflation for Venezuela

It’s a fact that many economies—even the most advanced ones—struggle to lift inflation, but that’s nothing compared to what Venezuela is going through.

The country is in the middle of the worst inflation period in history, with consumer price inflation hitting 480 percent this year. But that’s nothing, according to International Monetary Fund (IMF) experts, who predicted the inflation rate will soar to 1,640 percent in 2017.

The situation is already affecting all aspects of daily living in the country, and the reports of food and medical supplies shortages, weak oil prices and rampant theft has forced the government to declare a state of economic emergency. Economists believe it’s only a matter of time before Venezuela turns to the IMF for a bailout.

There’s just one thing: the Hugo Chavez’s government severed ties with the IMF nearly a decade ago, and there are no indications that the current administration will try to restore relations with the world’s emergency lender.

Turning point for bitcoin: IMF forecasts 1,640% inflation for Venezuela

It’s a fact that many economies—even the most advanced ones—struggle to lift inflation, but that’s nothing compared to what Venezuela is going through.

The country is in the middle of the worst inflation period in history, with consumer price inflation hitting 480 percent this year. But that’s nothing, according to International Monetary Fund (IMF) experts, who predicted the inflation rate will soar to 1,640 percent in 2017.

The situation is already affecting all aspects of daily living in the country, and the reports of food and medical supplies shortages, weak oil prices and rampant theft has forced the government to declare a state of economic emergency. Economists believe it’s only a matter of time before Venezuela turns to the IMF for a bailout.

There’s just one thing: the Hugo Chavez’s government severed ties with the IMF nearly a decade ago, and there are no indications that the current administration will try to restore relations with the world’s emergency lender.

Sri Lanka shuts door on casino investors

Talk about nipping the idea in the bud.

For a nation seeking investments to bolster its economy, Sri Lanka’s Prime Minister Ranil Wickremesinghe has immediately thumbed down proposals to revive the Casino industry, The Colombo Page reported.

Wickremesinghe made the statement after one businessman attending the International Enterprise Singapore Global Conversations dialogue posed the question on the previous regime’s drive to begin the casino industry in Sri Lanka.

The businessman contends that economic growth is attainable if the government provides businessmen – including casino operators – with investment opportunities, and if it adapts the same industry implementation.

Offer Of Payment Way For Turkish Sellers And Buyers

It is well-known, that recently Turkey is experiencing considerable economical growth. Since the Internet and smart-phones have penetrate the market, Turkey has taken a ply towards pursuing innovations. So, it gets more and more financial transactions being conducted over the Internet.

Cross-border financial and goods flows are getting a significant importance for Turkish economy. Its market tends to be of the second scale in Eastern Europe. Rapid and seamless connection among business partners is crucial for the country’s commercial prosper.

On the other hand, Turkey is famous of being a bewildering country concerning international trade. Especially in terms of commerce throughout Internet, it has severe restrictions. For instance, in order to perform on the Turkish market, for IT company it is necessary to have a physical presence in the country plus taxation and other burdens. Besides, to commit processes connected to financial transactions, it is mandatory to obtain licenses from the Banking Regulatory and Supervisory Board.

In view of the above, making and receiving payments is becoming trickier. Thousands buyers and sellers are complaining due to numerous obstacles of running business in Turkey. Many processors simply can’t operate within the Turkish boundaries. Merchants are desperately looking for payment processing options, which will satisfy both their and Turkish government requirements.

CEO James Henderson abruptly resigns from William Hill

James Henderson is stepping down from his chief executive position at William Hill with immediate effect, the London-listed bookmaker announced on Thursday.

Philip Bowcock, the company’s chief financial officer, will assume the CEO role on an interim basis while William Hill conducts a search for Henderson’s permanent replacement.

William Hill chairman Gareth Davis said Bowcock “has a clear set of priorities as interim chief executive, principally the continued turnaround of the online business.”

“For transition purposes, James will remain an employee for four weeks from the start of the notice period,” the bookmaker said in a statement.

AIGF Announces High-profile Launch Event on 3rd August in New Delhi

The All India Gaming Federation (AIGF), a registered not-for-profit trade body to promote the gaming and sports industry in India has announced its launch event at Hotel Shangri-La’s Eros in New Delhi on 3rd August, 2016 from 6:30 pm onwards.

The event is by-invitation only affair and is aimed to create awareness about the potential of the Indian gaming industry and the benefits of legalising gambling and betting.  The event will have a panel discussion on the ‘Legalization & Future of the Gaming Industry’ which would be moderated by eminent journalist and columnist Pradeep Magazine.

The panelists for the discussion include Kirti Azad, Member of Parliament (Lok Sabha); KTS Tulsi, Member of Parliament (Rajya Sabha); Ranjit Sinha, former CBI Director and Rosalind Wade, Managing Director of Asia Gaming Brief.

Various aspects of the gaming industry including benefits of legalisation, current status, International trends and best practices etc. are expected to be discussed in the event which would be attended by all stakeholders, including domestic and International operators, lawyers, technology providers, government officials, media etc.

Bookies brace for historic ‘worst political result’ as Trump bet surges

European bookmakers have all the more reasons to cheer for Democratic presidential candidate Hillary Clinton in the upcoming November elections.

Irish bookmaker Paddy Power, William Hill, and Ladbrokes are now bracing themselves for the possible victory of Republican presidential nominee Donald Trump, who have drawn an unprecedented interests from bettors, according MarketWatch.

Féilim Mac An Iomaire, a spokesman for Irish bookmaker Paddy Power, pointed out that a Trump victory will be the ‘worst political result’ in history for bookies.

“The weight of money that we’re seeing on Trump has forced us to cut his odds. We’ve never had a presidential candidate so popular amongst bettors, and should he win it will be the worst political result for the bookmaking industry in history,” Mac An lomaire told the business news website.

PAGCOR to open doors of new casino by year-end

State-run Philippine Amusement and Gaming Corporation (PAGCOR) is targeting to open its casino in the iconic Army Navy Club (ANC) complex in Manila by the yearend.

The Philippine Star reported that Oceanville Hotel and Spa Corp. is now in the process of restoring and developing the ANC – which was leased by the Manila City Hall – into a world-class heritage boutique-style hotel.

Oceanville, meanwhile, has subleased 6,500 square meters of the lot behind the ANC to PAGCOR. The state regulator, for its part, awarded Vanderwood Management Corp. with a 15-year contract for the lease of casino space behind the Army Navy Club after a long and tedious 14-month bidding process

Its developer says the facility will have five-star accommodations, upscale dining, as well as wellness and fitness centers. Its casino neighbor in the ANC site will be an entirely separate operation of another firm and fenced off.