Category: Indian Dreaming Pokie Machine Pay Table

Chinese Online Lottery 500.com Pays Off Nicely for Investors

Chinese Online Lottery 500.com Pays Off Nicely for Investors

Chinese on the web lottery 500.com has entered the ny Stock Exchange, and appears to be winning (Image: Wan Li/China day-to-day)

Investors in Chinese online lottery platform 500.com Ltd. are off to a happy begin to the New 12 months; into the six weeks since its New York Stock market birth, the value associated with company has almost tripled from its initial public offering cost of $13.

Winning the Lottery Lottery

As the only Chinese lottery firm to be placed in the United States, 500.com is one of merely a handful of companies set to enjoy the Chinese government’s whittling down of thousands of private lottery operators, because they permit and regulate the industry to just a tiny number of businesses. Each of these will ultimately be vying for a possible market of over 400 million lottery players in the nation.

‘Over the next 5 years it is extremely clear that the Chinese market will continue steadily to develop quickly plus the federal government regulatory regime becomes more open and transparent,’ explained 500.com’s Chief officer that is financial Pan.

China’s lottery market has removed remarkably in recent years, many thanks to a rise in disposable earnings throughout the country, as well as a appetite that is national gambling and advancements in gaming technology. Because of this, Asia’s lottery spending reached $23 billion in 2012, while the U.S. the largest lottery market in the planet was still s (more…)

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Poker Blogger Jay Newnum Gets Probation After Foxwoods Tip Box Theft

Poker Blogger Jay Newnum Gets Probation After Foxwoods Tip Box Theft

Former poker blogger Jay Newnum is stepping far from poker after receiving probation for stealing from the dealer’s tip container (Image: betraisefoldmovie.com)

When you’re a poker blogger/reporter hired to cover a good-sized competition at a major land casino, probably building a move ahead the dealer’s tip package isn’t your most useful decision ever. Apparently, not everyone grasps that reality, and today from the ‘what were you thinking’ files comes news that 41-year-old probably-not-anymore poker blogger Jay Newnum has received probation for stealing almost $700 while covering a Foxwoods casino poker tourney on 16 of last year december.

One from Column A

The Fishers, Indiana blogger evidently returned the stolen funds taken from the tip box reportedly snatched up using chopsticks, a visual we find pretty amusing during a Mega Stack Challenge $600 No-Limit Texas Hold’em tournament held at the popular Mashantucket, Connecticut casino.

Newnum are permitted to take part in one thing called ‘accelerated rehabilitation,’ an official state court program which will wipe his record clean if he makes it through the probation duration without using chopsticks on anything but chow mein and moo goo gai pan. Newnum dodged a bullet with this particular sentencing, as a maximum could have been brought by this class B misdemeanor of six months in jail as well as up to $1,000 in punitive fines.

Despite the event occ (more…)

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