All posts by Jean Gabriel

Online Gambling Tips From The Legends

You may be an occasional gambler or may have started playing a few rounds of poker or roulette lately, but have you ever thought of making a career out of gambling? If nothing, you can always think of gambling as a quick way of making some money. However, is it always so? What if you even lose whatever little you have, leave alone winning big. However, with these tips from the legends, you do not have to worry about losing it all while gambling.

Learn to manage your money

Yes, that’s the first rule. To make money, you need to know how you manage it well. When you start online gambling, ascertain the amount you would be spending on the game. If you will be trying a variety of games, divide your funds for each game accordingly. In any case, you should not gamble with more than what you had decided in the first place. It’s the key to not losing. Please visit best slot games and make cash.

Don’t be afraid to go a level lower

If you are good at a certain game, you may tend to play its high-skill levels. However, you can also take home a considerable amount if you play low-level games. Or you can again use the strategy to divide you cash and use some for low-skill games and some for higher ones.

Don’t burn-out!

You may be tired of losing, but may still continue playing just in the hope of getting lucky in the next game. You may not even think much and may continue staying with a ‘not so good’ hand. That is when you are said to be burning out. If you are losing much, it probably is not your day, in which case you should try your luck some other day. Knowing when to stop, irrespective of whether you are winning or losing is also equally important.

James Packer’s Macau Casino Investment Backed by Goldman Sachs

While most other casino investors in Macau are going through tough times to retain customers, Crown Resorts has a shot in the arm by way of public support from its largest investor Goldman Sachs Asset Management. The firm has invested in a large casino christened Melco Crown at Macau, in partnership with Lawrence Ho who runs City of Dreams and is also planning to be a part of Studio City. While some investors have backed off from investments in Macau due to the government crackdown on corruption, Melco Crown still stands by its investment stating that it is a onetime investment and half of its total profits are contributed by this branch.

Goldman Sachs supports James Packer

Goldman Sachs’ local head of Australian Equities has stated that though there is more volatility in the gambling market of Macau, it will stabilize within a few quarters and Melco Crown will witness long term growth. He further stated that Goldman Sachs has always been a long term investor and since inbound tourism in China is still at a nascent stage there is room for tremendous growth for Melco Crown which is a top class resort cum casino. As a regular investor in Crown group’s innovative business plans, Goldman Sachs is confident about long term profitability at Macau.

Financial Status of Melco Crown

The net revenues of Melco Crown fell drastically by 22 percent during initial quarter of 2015 shaking the investors as sales in both regular and VIP market segments. James Packer too admitted that the shakedown was worse than expected and profits have fallen more heavily than during early part of economic breakdown in 2008. But growing interest of inland tourists from China that are visiting the island with families to enjoy the luxuries of five star hotels, has broadened the clientele of resorts cum casinos in Macau like Melco Crown Resorts.

Celebrities Stay Sheltered in Las Vegas

Everybody knows that celebrities have a complicated relationship with paparazzi. For example, celebrities often despise how paparazzi follow them around taking constant pictures and asking question after question. They also hate it when paparazzi leak private matters to the press. However, there is a place in the country where celebrities can go and find a bit of a vacation from paparazzi. Do you know where it is? It’s Las Vegas. It’s true! People in Las Vegas tend to respect the privacy of visiting celebrities.

Las Vegas is great place for celebrities to visit. They can network with other famous people. They can also gamble for days on end in one of the many casinos. They are also generally left alone. For example, the superstar Michael Jackson was holed up in a resort in Las Vegas in 2008. He lived in the resort for two whole months before a local gossip columnist wrote a small blurb about it. Even after the blurb was published, few people seemed to care. Why is Las Vegas like this? Part of the reason stems from the professionalism of the staff at the numerous resorts and casinos. They are able to make arrangements discretely. The private nature of resorts also make them easy to defend against reporters and photographers. Celebrities can reserve entire floors of resorts and station bodyguards wherever they decide to go.

There is also a business side as well. Celebrities often go to Las Vegas to help open a new resort or a restaurant he or she may partly own. This gives them much more control. It’s nice to know there is a place in the country where celebrities can go to feel safe!