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วิชาเอกวันอังคาร: Lax Pal Singh ชนะ Ada 52’s The Mint; ใจดีสัจวันอยู่ในตำแหน่งสูงสุดหลังบ้านเต็มวันที่ 1b
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มันเต็มไปด้วยแอ็คชั่นในวันอังคารที่ Ada52.com โดยมีการแข่งขันตั๋วใหญ่หลายรายการบนเวที สถานที่น่าสนใจบนเว็บไซต์โป๊กเกอร์คือ 1 crore GTD เต็มบ้าน การแข่งขันออนไลน์กระโจมซึ่งเริ่มในวันจันทร์เล่นวันที่ 1b เมื่อวานนี้ เที่ยวบินที่สองของ Tourney ดีกว่ามากและดึงดูดผู้เข้าร่วม 205 คน เกมหยุดเมื่อสิ้นสุดระดับ 29 เหลือผู้รอดชีวิตเพียง 2 คน ผู้นำผู้รอดชีวิตคือคอลเลกชันของผู้เล่น "Poketassesa" 331,364 คน (340,847) และตามมาด้วยวิดีโอบล็อกเกอร์โป๊กเกอร์และโปรชื่อดังใจดีนาวาสสัจวัน Arjanveer "Arjan 30" Singh Chadha (295,005), Piyushap "Piyushap" Eugene (277,762) และ Myron "zzzzz369" Pereira (192,558) ทำหุ้นห้าอันดับแรกของวัน ขณะนี้มีผู้เข้าร่วมกิจกรรมทั้งหมด 343 รายการโดย 138 รายการจากวันที่ 1A และ 205 รายการจากวันที่ 1B มีเที่ยวบินอีก 6 เที่ยวก่อนที่กองบินที่มีคุณสมบัติเหมาะสมทั้งหมดจะมาถึงในวันอาทิตย์ที่ 2 15 Lac GTD The Mint เป็นทัวร์นาเมนต์ที่ใหญ่ที่สุดที่ครองตำแหน่งผู้ชนะเมื่อวานนี้ที่ Ada52.com 15 Lac GTD The Mint การจัดซื้อ Rs 3850 ทัวร์นีย์โอเวอร์คล็อก 363 รายการเมื่อลงทะเบียนล่าช้า หลังจากเล่นไปนานกว่า 7 ชั่วโมงอดีตผู้ชนะไม่ฝักใฝ่ฝ่ายใดอย่าง Lax "BoomTilt23" Paul Singh ครองแชมป์ INR 3.75 แสนตามด้วย Devarath "Wikipun" Singh (รองชนะเลิศ INR 2.27 แสน) และ Sagar "Evernutz" Chaudhary (อันดับ 3 ถึง INR 1.65 แสน) ผู้เข้าเส้นชัยอื่น ๆ ที่โดดเด่น รายการทั้งหมด - 363 Prizepool - 15 Lockplaces จ่าย - เงินสด 38 นาที - 9K ในตารางสุดท้าย Anurag "Norman Bates" Srivastava (อันดับที่ 5 สำหรับ INR 81,000) Masroor "Jason 911" Ansari (อันดับที่ 6 สำหรับ INR 56,250) และ Tanmay "TSB 2127" Sanjay Bhalerao (อันดับที่ 8 ที่ INR 37,500) 2.75 Lac GTD Voyager ซึ่งรวมถึงการซื้อ 2.75 Lac GTD Voyager 1100 ดึงผู้เข้าร่วม 296 รายเพื่อทำลายการรับประกันตามรายการและผลิต Prizepool มูลค่า 2.96 Lakhs Lavesh“ Lavesh 7” Meena มีราคาอยู่ที่ 75,776 รูปีรวมถึงคู่แข่งตัวฉกาจ“ Kanbabi” (รองชนะเลิศที่ 45,140 รูปี) รายการทั้งหมด - 296 Prizepool - จ่าย 2.96 Lacplays - เงินสด 30 ล้าน - 2368 Abhishek "Abhi_1234" Jaiswal (อันดับ 3 สำหรับ INR 34,040), Vidur "Bulgood 89" Singhal (อันดับ 4 สำหรับ INR 25,160), Pratibhoo "Metija" อันดับที่ 5) "LOOSER_MM" ซิงห์ (อันดับ 7 สำหรับ 8,880 รูปี) Voyager เป็นหน่วยงานกำกับดูแลที่มีชื่อเสียงซึ่งจบการแข่งขันในตารางสุดท้ายของการแข่งขัน
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Thousands of jobs available at tribal casinos
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With millions of Americans out of work, the first sign of a recovery has to be in new jobs coming on the market. The tribal gaming industry is doing its part, with several operators posting new jobs in the past few weeks.Seneca Gaming Corporation has lots of jobs available at the Seneca Niagara Resort & Casino in Niagara Falls and Seneca Buffalo Creek Casino in downtown Buffalo. The operator will be hosting a job fair for open positions on February 25 between 10:00am and 6:00pm.“Even with the changes and challenges everyone has gone through over the past year, Seneca Gaming Corporation has remained one of the largest employers in Western New York, and we are excited to be growing our team across a variety of departments,” said Meghan Smith, Seneca Gaming Corporation’s vice president of human resources. “We truly believe that the time we spend at work should be rewarding, fulfilling and fun. That’s how we approach our jobs every day. If people are looking an opportunity in that type of environment, we are ready to talk to them.”Attendees can check out what’s on offer in person or virtually, but should be ready for an interview at a moment’s notice.On the other side of the country, the San Manuel Band of Mission Indians are also on the look out for fresh talent. That operator has more than 500 jobs to fill, with as many as 2000 coming for the rest of the year. They’ll be having their virtual career fair on February 18 from 9:00am to 4:00pm.“The expansion of San Manuel will offer an economic boost to the local job market at a time when it is really needed,” said Brigitte Saria, Chief People and Infrastructure Officer. “Our efforts to boost the local economy are guided by our commitment to ensuring our employment process and work environment follow leading health and safety standards.”The Chukchansi Gold Resort and Casino in Coarsegold, California are also hiring. The tribe is looking for 50 full-time and part-time positions, and will have a job fair on February 23 from 10:00am to 1:00pm.Add those jobs to the 150 that Oneida Nation Enterprises were offering as of last week, and there’s a lot to be hopeful for about the future of the economy, and particularly that of tribal gaming.Connecticut tribes close to new dealGovernor Ned Lamont wants sports betting in his state, and he needs a new deal with the tribes to get it done. He used his budget address to emphasize the push:“My administration has been in active negotiations with our tribal partners to bring the state’s gaming economy into the digital age. And I am submitting legislation which reflects what I believe to be the best bet in ending this stalemate of inaction in a way which is in the best interest [of] the entire state.”Construction resumes at Four WindsThe Pokagon Band of Potawatomi Indians’ contractor recently resumed building a hotel at Four Winds South Bend Casino. Construction slowed down significantly due to Covid-19.The new 23-story hotel was originally due to be completed this year. But with construction crews only working on the foundation now after a 10-month delay, maybe 2022 seems more accurate.
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Win a Share of $1.5 Million in PokerStars’ Tetris® Spin & Go Games
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February 16, 2021 Matthew Pitt Tetris® combines with Spin & Go tournaments at PokerStars in a fun promotion that sees $1.5 million paid out between February 15 and March 28. Head to the Spin & Go lobby in the PokerStars client and you’ll see there are Tetris® Spin & Go games with buy-ins of $0.25, $1, $2, $5, $10, $25, $50, $100, $250, and $500. They all play out the exact same way as a traditional Spin & Go, meaning they’re three-handed hyper-turbo tournaments where the prize pool is randomly determined before the first hand is dealt. It’s still possible to win up to $1 million in some of these game, but there are a few notable differences. First, the virtual felt is made up of Tetris® blocks, which actually looks pretty cool. Also, the dealer button is now a Tetris® block too, and other blocks fall down the screen. The Tetris® part of the promotion comes in the form of leaderboards. There’s a separate leaderboard for each Tetris® Spin & Go buy-in level, so 10 in total. You need to opt-in and then fire up some Tetris® Spin & Go tournaments. Play your tournaments as you would ordinarily, but do so knowing the aim of the game is to clear lines, just like in Tetris®. The number of lines you clear depends on your Spin & Go multiplier and your finishing position in the tournament. Your level increases each time you clear five lines. This results in you earning even more points so you can climb up your leaderboard faster. The 2021 Guide to PokerStars Spin and Go Poker How Many Lines Do I Clear?  1st2nd3rd 2x432 3x321 Over 3x211 As you can see from the table above, finishing in 1st place in a Tetris® Spin & Go that has a 2x multiplier clears four lines. Just playing a tournament earns you points. How Do You Earn Points? The number of leaderboard points you earn is based on your finishing position and your current level. You start off earning 40 points for clearing one line when you’re at Level 0, but this increases to 840 points if you manage to climb to Level 20, which is the highest level you can achieve. It is possible to earn up to 25,200 points per Tetris® Spin & Go tournament, as you can see in this table. LevelPoints for 1 LinePoints for 2 LinesPoints for 3 LinesPoints four 4 Lines 0401003001,200 1802006002,400 21203009003,600 31604001,2004,800 n=40*(n+1)=100*(n+1)=300*(n+1)=1,200*(n+1) 208402,1006,30025,200 Tetris® Spin & Go Payout Table The leaderboards payout $33,000 every day throughout the promotion making for a combined total of $1,500,000 just for playing Tetris® Spin & Go tournaments. The $0.25, $1, $2, and $5 leaderboard payout the top 100 points earners, so you have a decent chance of walking away with a cash prize. The prizes don’t have any restrictions on them meaning you’re free to do with them as you wish.  $0.25$1$2$5$10$25$50$100$250$500 1$50$150$250$400$500$500$750$1,000$1,500$3,000 2$40$100$200$300$400$400$600$800$1,000  3$30$75$150$250$350$350$500$600$750  4$20$50$100$200$300$300$400$500$500  5$15$25$50$150$250$250$300$400$500  6-10$10$20$40$100$150$150$150$200   11-20$5$10$20$50$100$100$100$100   21-50$5$5$10$25$50$50     51-100$5$5$5$10       Spin & Go Your Way to a PokerStars Sunday Million Seat The Tetris® Playing Field – Avoid Hitting Game Over There’s an extra element to this promotion that you have to be aware of at all times. PokerStars calls it the Playing Field. Just like in a game of Tetris® where it is Game Over when the blocks reach the top of the screen, it can be game over for you if you go on a streak of out of the money finishes! Finishing in first place either improves your Playing Field status or makes zero change to it. Finish in second place, however, and your Playing Field status either stays the same or actually worsens, which is also the case when you finish in third place. Your table, or playing field, is green in color when your Playing Field is in a good state. It turns amber when it is worsening and turns red when you’re in big trouble. Failing to win when your playing field is red could see you reach Game Over which means you cannot earn any more leaderboard points until the next day! The changes to your playing field status depend on your current level.  1st place 2nd place 3rd place   LevelImproveNo ChangeNo ChanceWorsenNo ChangeWorsen  0-1100%0%100%0%100%0%  2-580%20%80%20%50%50%  6-960%40%60%40%40%60%  10-1340%60%40%60%30%70%  14-1720%80%20%80%200%80%  18-2020%80%20%80%10%90%  Get Involved in the Tetris® Spin & Go Promotion With $33,000 waiting to be won every day until March 28 there’s no time to waste if you want to win some free cash. Download PokerStars via PokerNews, enter the bonus code “STARS600” when making your first deposit and PokerStars will match your deposit 100% up to $600. In fact, your first three deposits in a 90-day window are matched 100% up to a combined maximum of $600. All you need to do then is opt-in and fire up some Tetris® Spin & Go tournaments and see if you can pad your bankroll with some of the $1.5 million that’s guaranteed to be won. That and try not to spend the rest of the day humming the famous Tetris® tune! The Stars Group is a majority shareholder in Oddschecker Global Media, the parent company of PokerNews.
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PokerStars Rolls Out New LSNG Leaderboard Promotion, Tetris + Spin & Go
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PokerStars has rolled out Tetris + Spin & Go, a temporary takeover of their ultra-popular lottery sit and go game with a new theme and a lucrative new promotion for players. F5poker first revealed that PokerStars was working on such a promotion back in September 2020. On Monday, it deployed globally on most licenses on the global dot-com pool as well as on France and Spain, part of the European shared liquidity network. The Spin and Go lobby in the client has been redesigned with a Tetris aesthetic, as have the tables. The game itself remains unchanged—fast, winner-takes-all sit and gos with a random top prize. What is new is the promotion on top: Tetris-themed leader boards. While the mechanics are fairly complicated—it involves Line Clears, Levels and Game Scores—it boils down to daily player rankings where cash prizes are given out to the highest volume players. For players that fall outside the cash prizes, the operator has a $5000 daily prize draw for players that finished in the top 500. In total, the operator says that over $1.5 million will be paid out in the dot-com market and almost as much—€1 million—in the Southern European market from now until the end of March. This works out at over $33,000 daily in dot-com, and €23,000 in Southern Europe. It appears to replace the previous long-running Spin & Go 20 and 50 leader boards. This had given away just over $20,000 a day and had run throughout much of 2020.
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Pros Of Being A Professional Poker Player
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Being a professional poker player is a daring as well as exciting decision. If you’re successful at the game and want to quit your day job to become a poker pro, it’s an enticing opportunity. However, be warned: Poker strategies and rules are difficult to work, that isn’t for everyone. If you consider taking a risk to become a professional poker player, you should please ensure that it is an educated choice.  Here are some pros of becoming a professional poker player that might encourage you to take the next step!  Professionally Pursuing What You Love One of the most prevalent desires in the world is to do something that you love professionally. For anyone in the poker community saying that there’s profit in this, they’re certainly not doing it only for the money. They love the game and have passion for it. For those who don’t have that, must understand that it is a skill game and requires practice to get better. This is what encourages them to put in the research time required to excel and achieve success through the downtrends. Also Read: Advantages of Becoming a Professional at Poker Self Determination And Versatility Poker players set their own schedules which is a great thing for any professional in any field of work or sport. To stave off poker exhaustion and keep you going, getting this independence will go a long time away. Also, you’ll only be accessible to yourself. Versatility is something that is quite limited in a number of professions nowadays and there’s nothing quite like poker tournaments when it comes to versatility. That’s not to suggest, of course, that it’ll be straightforward. The assumption is that when you do so, no-one will be blowing down your neck. Earning Big Money There is still a lot of profit to be gained by playing online poker if you can achieve a high level of experience. In terms of rake and playing rewards, there have been a few improvements in the market in recent years that have limited online poker’s profitability, but it is still possible to obtain a decent income playing poker game. Getting in and getting out of micro stakes is one of the greatest obstacles facing emerging online pros these days. In present-day games, the high rake and low rakeback eat away at the winnings of a micro stakes player, making it difficult for them to achieve a good score overall. On the other hand, live poker has been and is likely still a highly lucrative enterprise for professional players. The live player average is much lower than the online player estimate. This may be because, in casinos, live poker is practiced and thus encourages individuals who play poker to bargain instead of because they are successful at it. Or it could be because of live poker’s social aspect. It’s a mix of both, perhaps.  For more interesting articles about poker or poker news, keep reading PokerShots!  Post Views: 68
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New Malaysia travel restrictions put a fast stop to Resorts World Genting’s recovery
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Resorts World Genting (RWG) will once again have to tighten its belt, as new Covid-19 related restrictions in Malaysia will force the operation to operate at reduced capacity and hours.The resort is opting to reduce their operations due to a predicted decline in visitors between January 13 and 26, the period of a new interstate travel freeze. “With this announcement, we anticipate a decline in the number of visitors to RWG,” the resort wrote on their site. “Hence, we will be operating at a lower capacity and some of our offerings may not be available from 13 January 2021.”“Some of our hotels, facilities, attractions and other offerings will be subjected to revised operating hours, limited availability or temporary closure. Kindly visit our website regularly for further information,” they added.”The new travel ban was announced on January 11, following a rise of new Covid-19 infections peaking over 3,000 a day. The Movement Control Order calls for a freeze on travel between six states: Penang, Selangor, Federal Territories, Johor, Melaka and Sabah.Ahead of the January 13 ban the situation continued to worsen, with new infections hitting 3,309 on January 12. “The situation today is indeed very alarming,” said Malaysian Prime Minister Muhyiddin Yassin on Monday. “Our healthcare system is under tremendous pressure now than at any other time since the start of the pandemic. As I have said before, unprecedented situations call for unprecedented measures.”This comes just a week after analysts from Nomura showed their optimism for recovery in Malaysia. Analysts were optimistic based on a healthy holiday period, but that optimism was built upon pent up demand and free travel in the country. New restrictions rains on that optimism.RWG executives, on the other hand, have always said that this wasn’t going to be an easy recovery. When discussing their Q3 results, they noted the continuing difficulty of luring tourists as a reason to be pessimistic going forward, and showed little optimism about the upcoming year.
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GGPoker Adds More Variety to No-Strings-Attached “Daily Freebie” Promotion
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Verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day.One of the most popular promotions for low stakes players on GGPoker has been further expanded. During the software update on February 10, the Daily Free Spin promotion changed to Daily Freebie. Furthermore, UK players can now also claim the daily gift for a chance to boost their bankrolls. All players, both existing and new, just need to have verified accounts and log in each day to claim their gift, which lets plays play real money tournaments—and compete for real money cash prizes. The update has expanded what is given away. Now, there are Daily Freebie tickets for Flip & Go, the super-successful new format introduced in January 2021. It has also undergone some changes since its launch, with GGPoker increasing the frequency and adjusting the buy-ins as well as the maximum number of stacks for purchase. “GGPoker is happy to confirm that we’ve relaunched our Daily Free Spin offer as the Daily Freebie; verified players can continue to play a real-money game, such as Flip & Go and Spin & Gold, for free each and every day. All they need to do is log in and claim their daily reward!” said Paul Burke, Head of Public Relations at GGPoker. “We hope to continue to change up the rewards on offer in the future, giving all players the opportunity to try out GGPoker’s most exciting games, no matter their bankroll.” For existing players, Daily Freebie is available immediately—just log in and claim. If you haven’t yet signed up, you can do so today and enjoy the promotion as soon as you have verified your account. You can also take advantage of all of GGPoker’s generous welcome bonuses. How the GGPoker Daily Freebie Promotion Works The operator has seen unprecedented growth in 2020 to become one of the leading online poker platforms for tournaments and cash games. GGPoker has achieved that with a plethora of promotions, innovations, and high-profile partnerships. Their continued success has led to a record $7.5 million in promotions given away in February 2021. One of several promotions for players with smaller bankrolls is the Daily Freebie formerly the Daily Free Spin. This was launched on September 7, 2020. It has given verified players the opportunity to claim one $0.25 Spin & Gold ticket every day ever since. The free ticket courtesy of GGPoker continues to be available under the new name three times per week—*but this rotates with other ticket types.* Players can see the next six upcoming Daily Freebies listed under the “My Promo” tab. A new daily gift becomes available after each daily reset at midnight Pacific time. Each ticket will continue to feature an expiration date of 24 hours once the Daily Freebie has been awarded. The current rotation of Daily Freebie is fixed for the time being. However, GGPoker hopes “to change the daily prizes on a semi-regular basis,” according to Burke. He also hinted at a strong possibility that the Daily Freebie will include the alternative currencies C$ or T$ sometime soon. Newly included as a prize in the Daily Freebie is a $1 Spin & Gold ticket, which can be claimed once per week. Furthermore, five $0.05 Flip & Go tickets are up for grabs three times per week, giving players the chance at trying the new tournament format free of charge. As a mixture between a Flipout and regular tournament, Flip & Go was launched on January 12, 2021. However, it only took a few days for the first tweaks to be made. Initially slated to take place once every hour, it was soon increased to once every 30 minutes. The buy-ins were also adjusted and the lowest available stake was increased to $0.05 with a guarantee of $50. Players can now take a shot at their own leisure three times per week and enter this lowest tier with five stacks thanks to the Daily Freebie. Upon launch, the Flip & Go featured a maximum of 10 entries for each of the four stakes. However, that number has been adjusted recently and the stacks for purchase are now capped at a maximum of eight. This makes the bonus stacks based on the holdings during the Flipout stage more valuable in comparison. The overall feedback for the new tournament format has been very positive, as outlined by Burke. “Players love it! We have been very pleasantly surprised by the positivity seen across almost all feedback, of course not all players are interested in a new game type but those who have tried it have mostly good things to say about Flip & Go. We’ve also received some constructive criticism, which is also valuable.” Further tweaks to the Flip & Go format may very well possible, as GGPoker is constantly reviewing and optimizing its schedule. One such adjustment was made with the expansion of the popular Daily GGMasters earlier in February. The changes to the Daily Freebie promotion went live on February 10. All verified GGPoker players in eligible countries can claim their daily gift under the “My Promo” tab after each daily reset.
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Glorious Guardians Slot Review
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Glorious Guardians is going to be a joint title, from Ash Gaming and Playtech, one of the 2021 slot games that will be coming out from this developer. The base for this one comes from China and from its amazing creatures specifically. We see the concept both in its design and in its utilization of Twin Symbols during its major feature.Glorious Guardians gives 5×3 reels. The slot will settle up to 2,000x the stake through its fixed bonanzas. It’s major features are the Wild, free spins with Twin Symbols and scattersBetting and Prizes A few fixed bonanzas can be delivered by Glorious Guardians. These are the Mega Jackpot of 2,000x the stake, Major Jackpot of 200x the stake and Mini Jackpot of 50x the stake.Glorious Guardians Slot Features In spite of the fact that extremely basic for an uncommon feature, the Wild image is as yet going to have a significant effect over the long haul, and for some it might simply do what’s necessary to transform a losing meeting into a productive one. The manner in which it works is standard, as a substitute that you can utilize while framing new blends, given that you get different images which are required.The huge feature of Glorious Guardians will depend on the free spins however. When you get those set off, you will locate that the first and fifth reels will have coordinating images on them, with the guardians covering both. During the free spins, this can make it simpler to shape 5 image mixes of that kind.Theme and Design Obviously, there is a major spotlight on the creatures mentioned in the story of China and I love how Playtech and Ash Gaming managed it design wise. We’re taking a look at a background picture showing palaces and sculptures of these creatures on the two sides while the reels mark the outer reels with red and the center ones are kept separate.Images will give you pictures of the Royals at first, beautiful but standard choices in any case. You at that point proceed onward to images with the creatures (Dragons in green or gold, White Tigers, Phoenix Bird Turtles) and the feature triggers (Wild).ConclusionGlorious Guardian is generally a good slot machine with nice features, so you can try it out.
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Did the next Macau bubble just start two weeks ago?
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The entire concept of a “bull market in stocks” makes little sense. Sound crazy? These days, certainly, because we’re always hearing about a perpetual bull market in stocks. Valuations increasingly disconnected from economic reality, asset bubbles in one class or another, armies of speculators moving like zombie hoards descending on the next fad and blowing it up to infinity and beyond, Buzz Lightyear-like.Why is the whole concept of a bull market generally, nonsense? Because if the value of everything is going up simultaneously, then nothing is going up. If everyone is a superhero, nobody is. If, in an imaginary economy, absolutely everything costs, say, $5, (labor, land, capital whatever) and then the next day everything costs $10, then what’s changed? The answer is absolutely nothing.The only thing that matters is relative valuations between asset classes. Let’s divide them into three of the most basic ones. Equities (stocks), bonds (debt), and commodities (consumer goods). If all three are going up in tandem, then there is no “bull market” in anything. If commodities are going up faster than stocks and bonds, you have inflation, or even hyperinflation. Ask anyone in Venezuela whether they care that their stock market is doing great, nominally. They don’t. They’re looking for their next glop of gruel or morsel of moldy bread to survive the day.But if stocks and bonds are rising and consumer goods are static to falling, you have a bull market in financial assets. This is where we are now. And boy are we really hard and deep into it now. Below is the ratio of the S&P 500 to the CRB Commodities Index.And I’ve got news for everyone. This bull market in stocks relative to consumer goods in dollar terms is already over. It ended almost a year ago. On April 20, 2020 to be exact. Red circle blowoff top above. That was when oil crashed to negative $35 a barrel and we all lived in an alternative financial freakhouse universe. But I have more news than that. This entire “bull market” in stocks has been one gigantic illusion from the very beginning. Stocks aren’t going up. They haven’t gone up for 21 years. Money is going down. Here is the graph of stocks relative to the prime monetary commodity, gold, over the same timeframe above.We can see here that from 1990 to 2000, we had a real bull market in stocks. Equities rocketed in gold terms and in terms of consumer goods generally. Everyone felt richer. Portfolios up, expenses down. But since that time, money has been dying at an accelerated pace and the standard of living has fallen.The bull market in stocks over the last 21 years has been an illusion, a tiny echo of the bull that ended at the turn of the century. We have spent the last 21 years trying to reinflate it, but gold has exposed the lie. We are now at the point where the illusion is about to collapse completely. In my view, we have only a few months left until it all hits the fan. Until then, the bubbles will keep coming in staccato frenetic fashion, moving from one asset class to another faster and faster, until we all get so dizzy we can’t follow it anymore. Last week I speculated that maybe the next target for the zombie hoard will be in penny gaming stocks. I was close. It’s in Macau stocks. It may already have started two weeks ago. The frenzy has started over news about China opening up again. I mean, just look at this crazy chart of the Macau proxy ETF:That last surge higher is just since February 1. We could be at the beginning of a crazy but brief ride higher in Macau stocks right now. New all time highs again, and Macau isn’t even fully open yet. The latest full month statistics for December show a 78.6% drop in visitors year over year. And yet we’re at new all time highs in these stocks already. It’s just completely crazy. I can understand the Macau opening up again trade, but to argue that this factor is being priced in at these levels, at new all time highs? As if none of this full year shutdown hurt any of the casinos fundamentally at all? That’s just totally bonkers crazy. It’s a reflection of the value of the currency these stocks are priced in, not the stocks themselves.What’s happening is that the zombie hoard of bubble chasers is reading the headlines regarding China starting to open up again, and they’re slamming buy orders and call options like they’ve been doing with tech stocks and Gamestop and BTC and all the other fads. We just got news out of Bloomberg that China’s Imax had a face-ripping rally due to exploding ticket sales. China is, indeed opening up, and the zombie hoard of speculators is now going to spray their money hoses at anything Chinese. Macau might be at the center of it.How high can this Macau bubble go, if that’s what we just saw start two weeks ago? The truth is, it doesn’t matter. If you get into it, you’ll get hooked and keep levering yourself up, counting your paper gains, unable to separate from them until you get caught in a vortex. At some point, my view this year, it’s all going to come crashing down when all the damage from 2020 is finally revealed all over the world. You can’t paper it over forever. The damage to Macau casinos doesn’t just go away. It festers in the form of more and more debt, and a damaged consumer base that can no longer patronize casinos in the way it once could. Festering wounds need the paper bandage removed and they need to be operated on. That is painful. And it’s coming.When we think of the word “bubble”, what are we really talking about? A bubble is something that looks, from the outside, to be really big and stable. The shape of it, a sphere, is the most stable shape in the universe. It’s why planets, stars, moons, and possibly even the spacetime continuum itself, spontaneously shape themselves into spheres. The force of gravity equalizes at every point on the sphere, forming equilibrium. Nature always seeks equilibrium. And so bubbles take on the illusion of stability, but unlike a real sphere, there’s nothing inside them. When they pop, they are gone almost instantly. This one is about to pop. Macau appears to be the next victim sucked up by the bubble. Macau will survive and rebuild. The question is, in what form? I wouldn’t take a bet the depended on me getting the answer to that question right.
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Daily Cash Smash 2.0 Live Now At The Cash Tables On PokerBaazi
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Starting from 16th February to 28th February, PokerBaazi will be hosting the Daily Cash Smash! 13 Days, daily leaderboards and prize pool of INR 21.45 Lakhs! The players can grind any of the three (NLHE/PLO-4/PLO-5) cash tables and all the chips won from the leaderboards will be withdrawable (separate for all three variants)!  All players will have a chance to win from a daily prize pool of INR 1.65 Lakhs! All you have to do is play the cash tables between 10:00 AM – 4:00 AM!  The Daily Leaderboard prize pool  5/10 & 10/25 (Texas Hold’Em): Daily 8k Leaderboard 1/2 & 2/5 (Texas Hold’Em): Daily 4k Leaderboard 25/50 & 50/100 (Texas Hold’Em): Daily 12k Leaderboard 5/10 & 10/25 (PLO-5): Daily 6k Leaderboard 25/50 & 50/100 (PLO-5): Daily 15k Leaderboard 1/2 & 2/5 (PLO-4): Daily 2k Leaderboard 10/25 & 25/50 (PLO-4): Daily 8k Leaderboard It’s time to grind again on PokerBaazi, but this time, it’s going to have to be on the cash felts! Head over to the link below for more information about the Daily Cash Smash 2.0 and Leaderboards For more information about the latest poker promotions and poker news, keep reading PokerShots!  Post Views: 61
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