Category Archives: Lucky Nugget Casino

Canadian Hospital Lotteries Called ‘Harmful’ By Specialist

Canadian Hospital Lotteries Called ‘Harmful’ By Specialist

Hospital-sponsored lotteries seem such as a win-win, but are they? One expert says ‘no.’

Many hospitals that are canadian lotteries being utilized as fundraisers. Prizes ranging from large cash benefits to real estate and cars are given away to lucky champions, while the proceeds are accustomed to support the medical operations at the hospitals.

For many, this seems just like a win-win proposition. But one or more big title in the Canadian medical industry thinks why these lotteries could be much more dangerous than people assume.

Medical Journal Editor Speaks Out

Into the many recent issue of the Canadian Medical Association Journal, editor-in-chief Dr. John Fletcher had written an editorial stating that hospitals choosing to perform these lotteries should take time to ensure they’re protecting players who are at risk for problem gambling when they want to reside as much as their social duties.

‘It is contradictory for legislation to ban hospitals from selling one potentially harmful, but legal, addictive item on their premises tobacco while allowing them to actively promote another lotteries,’ wrote Dr. Fletcher. ‘Have we lost our moral compass to such an extent that individuals are blinded to your duty to ‘first do no harm’ by the attraction of easy income?’

Fletcher did make it clear he was not advocating for the ban on medical center lotteries. After all, he said, most individuals usually takes compo Continue reading

Red Tape Could Stall Developer Who Wants to Build Casinos in Vietnam

Red Tape Could Stall Developer Who Wants to Build Casinos in Vietnam

Building casinos that are new Vietnam includes all sorts of government roadblocks

For reasons uknown, in Asian and Russian countries, they like to zone their casinos off. Everything needs to be in a designated ‘economic zone,’ perhaps indicating that most things in these countries are not designed to make a lot of cash, at least not if they’re legal.

New Gambling Enterprises on the Runway

Vietnam fits this mold, and legal gambling enterprises are still a concept that is fairly new, and undoubtedly almost solely directed at a foreign market, as locals are mostly barred from casino gambling. Now a high-profile businessman that is vietnamese Hong Tuyen, listed as a CEO to watch by the Japan Times wants to build a new casino project via his Tuan Chau Groupand its US partners into the Van Don Administrative Economic Zone in Quang Ninh province in the northeast area of Vietnam. He also desires to get a gambling house going in Ha Long City on nearby Tuan Chau island, next to a marina that is new will be opening here.

If he will get ‘er done, Tuyen would be one of just a handful of developers to crack the bureaucracy grid that has long held Vietnam lagging behind its Asian brethren in this arena. A huge sticking point for many casino investors has been the somewhat odd dictum by the Vietnamese government that a minimum of US$4 billion be committed to any projected resort-casino plan; a number that is pre Continue reading

11 Years Later, Macau Health and Education Catching as much as Casinos

11 Years Later, Macau Health and Education Catching as much as Casinos

A lot more than 10 years after gambling enterprises arrived to Macau, the spot is finally getting health and welfare solutions in spot.

Over the decade that is past Macau is just about the undisputed leader in worldwide gambling because far as profits go. The casino hub brings in six times as much revenue as Las Vegas, and exploded following the former Portuguese colony was exposed to foreign casino operators in 2002. The move had been a success that is resounding as Macau’s economy has grown by an average of 14% each year over the past decade making it the fastest-growing economy worldwide.

Infrastructure Was Lacking

It seems like a incredible success story as well as in many ways, it’s been. But with all that growth centered in the gambling industry and coming at a quick pace, the rest of Macau yes, it exists outside of casinos didn’t have much of the opportunity to catch up. Infrastructure lagged behind, hurt by decades of insufficient spending by colonial abilities and an inability to get jobs done.

There are always a number of projects that sound great on paper which have merely unsuccessful to materialize thus far. Things that we in the West usually takes for granted things like a mass-transit system, a renovated ferry system, public housing projects and hospitals have all been delayed, meaning they are nevertheless years away.

‘the money is had by us, but we do not have the welfare,’ Maca Continue reading

Electronic Gaming Funding a Failure for New Minnesota Vikings Stadium

Electronic Gaming Funding a Failure for New Minnesota Vikings Stadium

Electronic pull-tab gaming was supposed to pay for a new minnesota vikings arena, but that plan hasn’t materialized as planned

When the Minnesota Vikings decided if it was available that they needed a new stadium, they wanted to take advantage of public financing. The state of Minnesota obliged, but decided that rather than take the cash from the general fund or create a special tax to raise the money, they would bring electronic gambling machines to thousands of bars as well as other venues around the state. It seemed like a sound plan until it had been placed into practice.

Net Gain: Bupkes

This week, Minnesota announced that residents and people to the state had put down about $15 million regarding the machines during the period of their year that is first in. Of the, roughly 85% went right back to players by means of winnings, leaving only about $2 million in earnings. That was split among charity expenses, donations and basic taxes, and left absolutely nothing for the stadium that is new. That is correct: the pull-tab that is electronic games raised absolutely nothing for their intended function over their very first year in service.

The failure is an embarrassment for Governor Mark Dayton, who’s got been strongly behind the latest Vikings stadium. According to him, the numbers that have come in show that the state itself was using quite the gamble by relying on the machines to finance their Continue reading