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A couple of weeks ago I came in second in an nice size NL HE tourney and won $490, since then the decks have been chilly cold. Here is an example, I played a large $5.50 NL HE with rebuy tourney a couple of days ago and went bust twice pre-break with a nut flopped straight (guy rivered a house) and with a Q 10 flush, guy had K 2.
I haven’t even been able to make the money for the past two weeks. I don’t think I am doing anything drastically wrong but I am thinking the cold decks and bad beats are making me a little gun-shy. I might be considering a two week hiatus to see if that can snap me back into a winning mind-set. What do you all think?
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J. Packer is reported to be considering the acquisition of a $US2.4 billion chain of US casinos that spreads across six states, a move that would instantly triple his presence in the American market. According to a note to clients of broker UBS, which cites a US gambling industry journal, Crown is a likely bidder for takeover target Ameristar Casino as its eight casinos are considered a perfect fit with Crown’s growing collection.
Mr Packer is executive chairman of Crown, the gambling company that emerged from Publishing and Broadcasting (PBL) as part of the company split-up late last year. He has rapidly created a global casino empire since he freed up cash in the demerger. Ameristar shares have been trading at record lows but have risen in recent days on strong speculation of an imminent bid. With low share prices plaguing the entire industry I think it is a safe bet that we will be seeing a lot of these types of mergers in 2008-2009.
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With a tight economy many casino goers in South Florida are finding it hard to scrape together the money to fund their favourite hobbies. “Mortgages are going up, interest is going up, gas food, you know everything is going up,” said Annie, a local casino patron. “So by the time you take care of your household needs, you don’t have anything left.”
The lack of disposable income for many across the area creates a problem for some casinos, which have to lay off employees when less money is being taken in. And for casinos in more remote areas, the price of gas compounds the issue. “People gotta fill up their tank and drive here. I think they’re going to go where it’s more convenient to gamble,” said Dan Adkins of Mardi Gras Gaming.
But, one casino seems to be bucking the trend, the Seminole Hard Rock Casino. Blackjack tables opened up for the first time over the weekend, and even with the $100 million due to the state of Florida in the first year of card games allowed, the Casino believes it can still push the profits in the weakened economy. I guess it depends on how desperate the economic situation gets, if it really tanks then most casinos can probably expect a sharp upturn as folks look for a way to feel better in tough-times.
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If you found your way to this blog then you probably enjoy a little gambling as relaxation and entertainment. My goal is to bring you some of the best (most interesting) news, commentary and reviews from across the online gambling world.