Online Poker NV – Best Nevada Real Money Poker Sites for 2021
Online Poker NV – Best Nevada Real Money Poker Sites for 2021
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Is there a place where you can gamble online with litecoin or bitcoin? Just kind of annoying to have to go to Nevada to bet on sports. Sorry if this is a dumb question. Thanks in advance.
Joker123 is an online slot machine that you can find on the internet. It is unique because of the fact that it is the first and the only machine of its kind. This is also one of the slot machines that pay in cash and does not use points as its means of payment. This has made it very popular with those who want to win real money but are a little hesitant to do so because of the lack of guarantees. But we all know that with promises come true and this machine is here to deliver on its promises. Jokers: The name joker is just an amalgamation of two words. "jack" and" Joker" is how it was originally coined by the creator of this slot machine. The machine basically works on a single code that is initially entered by the players. This is an advantage because it means that there are no random numbers generated and there are no luck factors involved. Slots: This is essentially a casino gambling game wherein a card having a number on it is inserted into a slot machine. When this card spins, the machine will "recycle" through the possible combinations until one is revealed. The possible combinations are not set and are generated based on the set of cards. Each time a player plays this machine, the chances of winning increases because there are more card spins which results in a higher number of jackpots. It is also interesting to note that there are more Jackpots when the machine spins faster. This is one reason why most players prefer joker123 slots over other types. Bonus: There are a lot of slot games that pay in cash but players prefer to play free slot games because they don't have to put in any money to win. This also allows players to learn how to play the slot game without losing any money. On top of that, since there are a lot of these free games available, it would be impossible for a player to lose everything in the first few spins. Some players can even rack up millions from just playing a certain amount of time. Games: Casino gambling is very popular especially in Nevada where the gambling industry is regulated by a strict law that prohibits gaming. In spite of this, a lot of people love to play slots because they find the action entertaining and challenging. Playing slot games in Las Vegas is a great experience because casinos offer a great variety of games and even if a player gets bored with the same game, he or she can try another slot. In addition, playing slots in Las Vegas means that all the slot machines in the establishment are progressive which means that they payout in larger amounts than the usual slot games. Jokers are very funny characters and the theme of the game itself lends itself to a comical and enjoyable experience. The main characters of the game include the Joker, which usually appears as a jackpot prize which player can't seem to resist and the clerk, who always has something that the other players want. In order to win in Jokers, the only way for players to make money is to complete as many tricks as possible or else to beat the current amount of money that the Joker has set as his limit. Jokers always try to get their hands on the more valuable objects inside the casino or else the game will end. However, winning in Jokers requires strategy and careful thought. Players who are familiar with the concept of playing slot machine games can easily win in Jokers as there are no complex calculations involved.
Not Financial Advice (NFA) Warning: Wall of Text. If you hate reading just skim through the bolded/italicized Ever since I publicized my findings on DKNG, the stock has underperformed & probably has fucked a lot of people here, especially given the overly bullish stance back in June. Unless you took my advice & got into Puts then, congrats, welcome to tendie town. For the ADHD retards, here’s what the next wall of text is going to summarize: I believe at the current price of ~$30, the stock is oversold. A tech-focused, high-growth Company that has made sports betting easy to understand with an aesthetically pleasing interface similar to how Robinhood has neatly laid out stock market gimmicks so even high-schoolers can make sense of it I believe, is underpriced at these levels. Let’s get into some details as to why the stock has underperformed: First off, the news slate revolving sports with the rumored delay/cancellation of the MLB season & the NFL watching from the sidelines is in my view, just a part of why the stock has underperformed. We’ll revisit this later in this post, but I want to focus on the drivers of the stock’s recent underperformance, & why these factors are now in the rearview mirror. Part I – The Past Has Passed – SPAC-related Equity Dilution History lesson first: DKNG went public via a SPAC merger, which has exploded in popularity recently. Anyone serious about analyzing stocks going forward needs to do their homework on this, Google is your friend. A feature of most SPAC merger to public listings that creates a headwind to near-term share prices are embedded equity dilution events, usually in the form of earn-outs (stock bonuses to execs, the SPAC sponsor) & conversion of Warrants. On 5/24, the earn-outs were triggered, adding 6m shares to the share count. On 6/26, 16.3m warrants converted to DKNG, netting them ~$188m of cash. Stepping back a little, in addition to the above, on 6/18 DKNG launched a follow-on equity offering of 16M shares @ $40/Share [1], receiving $621M in proceeds. The last part is tricky to understand from a dilution perspective. To simplify, historically it’s almost a coin toss whether a Company’s shares outperform on the onset of an equity offering. While issuing shares does dilute the existing shareholder base, it theoretically shouldn’t, if the proceeds from the offering are earmarked for investments/projects that yield outsized returns. This is the reality for the long term, theory for the short-term. For the short-term, the ‘reality’ isn’t that the proceeds will be used for investments/projects that yield outsized returns, it is more about how convincing management is to investors that the investments they intend to pursue with the proceeds will outweigh the dilutive effects of issuing incremental shares. That’s a mouthful, but hopefully you get what I’m trying to convey. All of this stuff put together – the Company has increased its share count by ~39M, but now has a whopping ~$1.4Bn of cash [2]. More on this in the next section. Part II – MLB News Should Not Fucking Matter & DKNG Is Positioned As the Leading Online/Mobile Sports Platform DKNG should not be so tied to MLB news or any of this shit as the ongoing success of the NBA/NHL season + Soccer in Europe has effectively created a blueprint on how to regulate player behavior so that they maintain professionalism amidst the pandemic. I’m going out on a whim here, but I truly think the MLB threatening a cancellation of the season is pure posturing to get these fuckers to behave appropriately. Maybe a ‘bubble’ is what it takes to get these players to focus on their jobs instead of going out & contracting COVID, but I argue that isn’t necessarily required given Soccer in Europe. So there’s already a proven path here without the need for a bubble in Soccer, so MLB/NFL should be fine, and execs need to study how they got it done in Europe. Okay, back to some facts. Anecdotally, I’ve kept in touch with a handful of sports bookies from California to New York & even internationally about what they’re seeing – all of them say that since the NBA season started on 7/30 & since Soccer (especially the Premier League) resumed in June, along with other leagues like La Liga & Serie A, they’ve seen massive increases in betting. These numbers are also showing up in the official data [3]:
Average % increase in sports betting handle from April 2020 to June 2020 (handle is the total $ wagered in sports bets) from the states that reported up to June 2020 (NJ, PA, MS, RI, WV, IA, IN, NH) of +258%!
Note: NV is left out due to the site I sourced showing a weirdly negative number – so I dug into the official filings & show specifically, Sports Mobile betting growth from June since April has growing by at least +73% [4]
REMEMBER: This is for June only! No NBA, No NHL, No MLB, just Soccer, Golf, NASCAR & UFC. The data clearly shows that there was a ton of pent-up sports betting demand, which leads one Wall St. analyst to think that betting on the NBA/NHL could ABSORB the MLB’s sports betting handle (handle = total $ size of sports bet) [5]. Remember, the MLB season is still ongoing, with games being played. The entire focus is on the Miami Marlins & St. Louis Cardinals. Fucking retards. Additionally, I want to remind everyone that DraftKings.com is the #1 Fantasy sports website in the U.S. [6]. Also, since April 2020 site visitations are up +86% [7] & Google Search Trends for “Draft Kings” is up ~3xcompared to PRE-COVID levels [8]. What does this mean? They are piquing more people’s curiosity than prior to COVID/ongoing slate of sports. This is important because remember that ~$1.4Bn chest full of cash I mentioned DKNG had assembled earlier? Well, that money is being put to work & results are already coming in, which is exactly what DKNG intended to do with it. Part III – Legalization of Sports Betting in the U.S. I could write a fucking bible on this topic alone, but for now we’ll stick to some basics. Due to COVID, it’s easy to understand that each State’s financial situation is clearly in shit. Because of this, you better believe that these guys are going to start taking a hard look at how they can extract additional tax revenues, & what’s one of the easiest ways to do this? Legalization & taxation of gambling. The big players: CA, TX, FL & NY. First, CA pushing its legislation out to 2023 was fucked up, but here’s a twist I want to add to this: Anything that has to do with gambling in CA you better believe is lobbied against by not just the Tribal casino owners in CA, but by the deep pockets of Las Vegas money. Similar thing can be said for FL, but let’s take a look at some actions by LV/nationwide gambling companies that are starting to align financial incentives with guys like DKNG.
MGM / GVC Holdings JV in BetMGM - $450m total invested
PENN invests $163m into BS Sports
Caesars has a 20% stake in William Hill plus partnership deals with The Stars Group (TSG) & our winner DKNG for operating its sports books
So it’s safe to say going forward, nationwide legalization of sports betting will reap rewards for everyone involved, & no longer be something LV money is completely focused on safeguarding. Let’s also not forget that DKNG didn’t become the Company they are today because of their fancy app, but because their management team has a HISTORY of navigating the U.S.’s legal framework to get what they want out of it.
The Crown Jewel – The Internet Gambling Prohibition & Enforcement Act: I said it in a previous post, but I want to emphasize that them getting Fantasy Sports to be labeled a ‘game of skill’ by FEDERAL Law as opposed to gambling is just something for the history books. Fucking genius shit. When this happened I bet every casino from LV to every Indian Tribe that has one was against it, yet DKNG & other DFS providers won.
There’s more, but more recently: Getting into IL:
In IL, there’s an 18-month ‘penalty box’ for Companies that offer DFS to offer sports betting. Our guys at DKNG created a workaround to this situation with their partnership with Casino Queen [9]. DKNG being savvy again.
This is an example of fundamental DD that takes place at ‘smart’ money institutions based on my professional experience in IBD, Private Equity & most recently at a HF (mods can message me for proof). Not thoroughly fleshed out b/c you autists have limited attention spans, but a summary. Figured I’d take the time to give back to this community that has provided many lolz, & should be a good measuring stick when evaluating other forms of fundamental DD posted here. NFA. DKNG - DraftKings, Inc.: vertically integrated US mobile betting operator that also provides retail sports betting & back-end betting solutions through SBTech. Think of SBTech as the tech ‘market-maker’ for traditional sports betting, they do all the funny math to set the betting odds & seem to be working on back-end solutions for DKNG Casino The Big Picture
Total annual US Gambling Revenue: ~$90Bn [1]
Casinos: ~$75Bn
Illegal Sports Betting: ~$13Bn
Horse Racing: ~$0.8Bn
Daily Fantasy Sports: ~$0.4Bn
Only ~2% of the ~$90Bn gambling revenues were placed online which is the lowest in the world where betting online is legal. For example, in other countries online gaming activity represents ~6% - ~52% of total gambling revenues, with ~12% being the average. Wall Street expects online gaming revenue to be $20Bn-$40Bn within the next 10 years. For this to be achieved, the online gambling market will have to achieve a ~30% penetration rate on total country gaming revenues. There is an expectation that this is could be easily achievable given penetration trends overseas - see page 11 of this: https://s1.rationalcdn.com/vendors/stars-group/documents/presentations/TSG-Investor-Day_March-27-2019.pdf Other catalysts include increasing adaptation of sports betting in more states. States that have both legal sports betting + online sports betting permitted: NV, NJ, WV, PA, IA. Sports betting permitted but no online: DE, MS, RI, MO, AR. Prior to COVID there was ongoing discussions across many States, especially ones with growing deficits to explore how permitting sports betting could create a fresh avenue of tax dollars. Post COVID there is an expectation that these discussions will be given extra focus as many States will be hungry for incremental tax dollars. Important to note that currently 43/50 States allow DFS, but given the small share DFS has on total Gaming Revenues, it increasingly looks like DKNG is banking on traditional sports betting for a variety of reasons, more later. There are entire articles on Google arguing this catalyst so I’ll end this here. Digging Deeper DKNG’s main offerings are Daily Fantasy Sports (“DFS”) products & traditional sports book products to its clients. Long story short, a metric to look for in my opinion (that is curiously not reported by management or remarked on) is the hold % in traditional gaming sector parlance or the ‘rake’ & compare it to the ‘traditional’ gaming products like sports betting & Blackjack. For DFS: DKNG takes ~15% of the prize pool (note: used to be ~6-11% [2]). Curiously, their main competitor FanDuel also has moved up to a ~15% rake recently. Google searches show the smaller competitors have a rake in the ~13% range. This ‘rake’ has grown ~2x in 6 years, but it has been a delicate move on behalf of management. Why? B/c the more ‘sophisticated’ DFS players (equal to autistic day traders on Robinhood) have noted this increase & based on some Googling, some have moved down market to the smaller players. As a side note, many live casino games have their rules altered to grow the Hold %. For example, Blackjack games with 6:5 payouts on 21 have materially higher Hold % than the traditional BJ rules that pay out 3:2. Given the findings so far, DKNG may not have much room to materially increase its hold % in DFS games in the near-term from current of 15%. More on this later. Now why the fuck is this important? This is important b/c the typical sports book (ex-Parlays) have a ~5% hold %/rake. Parlays have up to a ~30% hold (which is why it’s commonly known as the sucker’s bet), & just for reference, the average Blackjack table clocks in 14.5%. What this means: Every dollar put into these games, the “House” or DKNG, will take 15% of your money for DFS games, for sports bets they will be pocketing ~5%, up to ~30% if you’re into parlays, & we’ll just use the standard 14.5% BJ hold for the DraftKings Casino platform. So why the acquisition of SBTech & a foray into the traditional sports gambling market? As you can see previously, the illegal sports betting market is >30x the size of the current daily fantasy sports market. So it’s clear that the DFS providers including DKNG are foraying into the space to capture this user base & hopefully convert them into games that have a higher hold %, such as DFS/DKNG Casino. As of May 2020, DKNG has achieved a 30% penetration rate on its ~4mm ‘monetized’ DFS clientele to its Online Sports Book (OSB), from the OSB+DFS clientele, DKNG has converted 50% into its DraftKings Casino platform. Including non-monetized users, user base totals at 12mm. Based on these unit economics: every 1mm of additional users -> 333k monetized users for DFS -> 100k users for OSB -> 50k users for DraftKings Casino. Some Numbers – Italicized/Bolded the important
In total, DKNG has DFS paying clientele of ~4mm, the metric management focuses on is “Monthly Unique Payers (MUP)” which spans across DFS & online sports betting***. As of Q1’20 they reported 720,000*** MUPs, representing +16% YoY growth [3]
Average revenue per monthly user (ARPU) of ~$41, +11% YoY
Based on previous observation of Hold %, looks like ARPU growth will be limited
Since ’17, MUP has grown at a ~11% CAGR & ARPU has grown at a ~19% CAGR
As a side note: the ~4mm monetized user base was acquired at ~$122/user over 3 years. Total users cost them $41/user over the last 3 years [3].
They are currently EBITDA negative & Wall St expects them to be positive by 2023
I took a dive into the math driving this, here is a summary:
Based on their current cost structure they will need to have ~1.7mm MUPs at an ARPU of ~$46 to break-even. This implies total monetized users of ~10mm from ~4mm currently
Numbers that represent Risks to Long Thesis
DKNG’s user base of ~12mm is on the low end of the sector vs. its ‘brick & mortar’ competitor's user bases (online betting platforms with physical casino presence)
CZR with 55mm, MGM with 33mm, ERI with 10mm (in pending merger with CZR, could have a lot of overlap), FanDuel with 8.5mm
Is there a concern for increased marketing costs to increase user base? Let’s look at a case study of NJ, the first state to open both mobile & retail sports betting:
FanDuel + DraftKings have held 80%+ of the OSB market share since 12/2018 which is estimated to be driven by the conversion opportunity from DFS that is unique to both companies [4]
On the flipside, a case study to examine going forward is how DKNG can get OSB customers in a State that does not allow DFS. Nevada. Home to Las fucking Vegas. Prior to NV pushing FanDuel/DKNG out (highly likely due to casino lobbying), NV was a top-15 State in terms of revenue for them. NV is home to the fattest sports book in the US, & recently the gaming commission started to parse the data on sportsbook wagers done online vs. in-person, & it came out to roughly 50/50. It will be interesting to see how they try to capture market share in a state with no DFS
Long-term EBITDA margin target of 35% requires huge growth in MUPs
Based on their estimated '22 cost structure: Holding ARPU of ~$46, MUPs will have to be ~5.2mm, a 7x increase from current to achieve a EBITDA margin of 35%
A focus on future earnings will be management's ability to shift to a more fixed-cost structure which would effectively lower the MUP requirement for profitability
Things to look for when going Long - Progress of additional States legalizing sports betting – specifically, States with DFS already legalized - Cost structure evolving to a more fixed mix vs. the mostly variable mix currently as this will be the forward figure that determines profitability - Increasing User Base (Curr.: 12mm) -> Monetized Base (Curr.: 4mm) -> MUP (1Q’20: 0.7mm)
Management seems to be focused more on the first step, but one thing to note is that the 33% monetization rate is very high when compared to something like League of Legends which isn’t entirely comparable but in 2013 had a ~4% monetization rate [5]. This, combined with the below implies that this conversion rate may be the ceiling for now
As a side note, ~6 years ago FanDuel had ~300k monetized on an ~800k user base for a monetization rate of ~37% [6]
Share Price Target Given the cost structure of the company, I’m going to base the price targets around Enterprise Value / Revenues (driven by MUPs & ARPUs).
MUP sensitivity of 5mm - 6mm
ARPU sensitivity from $41 - $47 for an average of $44, just a $3 increase from current of $41.
Share Price targets based on 2.0x - 4.5x EV / Sales.
Note: Flutter Entertainment (FanDuel ParentCo) trades at ~3.6x EV/Sales
Bear Case MUP: 5mm -> $20.32 - $45.73 Base Case MUP: 5.5mm -> $22.27 - $50.10 Bull Case MUP: 6mm -> $24.21 - $54.47 These MUPs imply a monetized customer base of 28mm – 33mm. At the high-end, this implies that DKNG monetized customer base will equal MGM’s current total user base. At yesterday’s close of $43.70, DKNG is trading at 3.5x – 4.5x forward Revenues on an expected >5,000 MUPs. Share Price drivers / considerations: - Continued multiple expansion
Consideration: A 1x premium to FanDuel's 3.6x, implies a ~15% upside to current. They're bigger than FanDuel, do they deserve the premium?
- MUP Growth exceeding beyond targets
Consideration: Stock currently implies that they should on average be growing at 40% QoQ – during 2018 they had on average +30% growth QoQ in MUPs, marking their best year
Management Team Jason Robins, 39 – Co-Founder & CEO. Duke BA, started DraftKings from day 1 in 2011. The 2 other buddies he started the Company with are still at DKNG. Dude navigated the Company through the scandal that rocked them in ’15 & ’16, and was the trailblazer in getting DFS labeled as a non-gambling product that enabled it to open in States without a gaming designation. This shit is the stuff that gets people in history books. His accomplishments make him seem like a very competent guy. Has 3 kids now, and only ~3% economic ownership in DKNG but has 90% of the voting power through his Class B share ownership. Also he actively participates in venture investments, sitting on 10 boards. His comp plan performance bonus target is pretty murky, but main drivers are EPS growth, revenue growth, then a bunch of margin & return metrics, along with share price returns. Overall, very open-ended & it’s safe to say as long as shit doesn’t hit the fan, he will be eligible for his max payouts year over year. I’m assuming the lawyers tried to encompass everything possible for maximum flexibility to justify him earning his max comp as long as DKNG is still around. Since he’s got voting control of 90%, I’ll end the specific-person overview here, but want to note that they have a very bloated C-suite. 12 folks at DKNG, 8 folks at SBTech, all with C-suite designations. Whereas their main competitor FanDuel, has 3 guys with a C-suite designations & 1 EVP, but is a sub under a larger ParentCo that has its own management team of ~5 guys. Looking through glassdoor you can see the biggest complaint among employees giving bad reviews is based on management, all of the specific issues they point out IMO are a result of a top-heavy company. Seems like a good starting point to optimize their cost structure, but given Robins' history of sticking this entire thing through with his co-founders since '11 stuff like this doesn't seem to be a part of his playbook. They’re a public company now though, so it’s going to be interesting to see going forward. TL;DR: If I were to initiate a position in DKNG, the stock would have to fall to the $35-$37 range for me to be a buyer of the stock, and based on this rough intro analysis I'll be considering Put options if it breaches $50. I would not touch Calls at this level. [1] Wall Street Research - 6/27/19 [2] https://rotogrinders.com/articles/bang-for-your-buck-a-look-at-dfs-industry-rake-153302 [3] https://draftkings.gcs-web.com/static-files/8f3a5c5a-7228-45bf-aab2-63604111c48d [4] Wall Street Research - 5/19/20 [5]https://www.gamasutra.com/view/news/223071/Dont_monetize_like_League_of_Legends_consultant_says.php [6] https://rotogrinders.com/threads/how-many-people-actually-play-dfs-regularly-252044
15 Most Famous Slot Machines and Most Popular Slot Games
1. Liberty Bell
Invented and designed by a San Francisco mechanic named Charles Fey in 1895, the Liberty Bell is the first slot machine. The main symbols here include horseshoes, stars, spades, diamonds, hearts, and Liberty Bells. Once three bells are aligned, the machine pays 50 cents. Having a coin slot at the top, it features small reels in the middle and a paytable at the bottom. It works like this - players insert a Nickel and pull a lever on the right-hand side to spin the reels. Although the Operator Bell and Liberty Bell have been removed from casinos, the original Liberty Bell on display can be seen in the Liberty Belle saloon in Reno, Nevada.
2. Lion's Share
One of the most famous slot machines, Microgaming’s classic slot Lion's Share, gained a lot of success back in 2014, due to news channels that discussed the topic on how Lion's Share's progressive jackpot hasn’t been hit for two decades. Thousands of people have tried but no one was lucky enough to pull it off. Although the machine only featured 3 reels and only 1 payline, Lion’s Share has managed to become one of the most popular releases in Vegas, so popular that people waited in line just to put a coin into it and try spinning those reels. Eventually, a New Hampshire couple hit the $2.4 million progressive jackpot in MGM’s Grand’s Lion’s Share. Soon after, MGM Grand made a decision to retire the Lion's Share machine since it required a lot of maintenance. Still, the game became part of slot history with a jackpot that took 20 years to win.
3. Megabucks
Created by IGT, Megabucks has managed to become one of the world's best progressive slot machines. The game is also responsible for numerous big wins throughout the entire jackpots’ history. Also known as the biggest money jackpots of all time, Megabucks slot machines are described as simple games with a massive progressive jackpot. One of the biggest wins was when an anonymous engineer won a staggering $39.7 million at Las Vegas' Excalibur, back in 2003. As for the other big wins hit on this machine, there was a cocktail waitress Cynthia Jay Brennan who snagged an incredible $34.9 million at Vegas' Desert Inn, as well as a retired flight attendant hitting $27.5 million at Vegas' Palace Station. Johanna Huendl won $22.6 million whereas an Illinois businessman hit $21.3 million on the very first spin. However, after winning the prize, one of the winner's family members had a tragic accident, which (as some believe) only supported the theory of a Megabucks curse. Other unfortunate stories are just believed to be urban legends, including anecdotes about underage players, as well as casino employees, being big winners but not being able to claim their jackpots because of specific state laws and regulation.
4. Wheel of Fortune
IGT’s Wheel of Fortune has proven to be the second most famous slot machine of all time. Featuring a bonus feature just like the real show, the slot machine is usually played by many slot fans and can be found in numerous casinos all over the globe. Although the game comes in more variations, probably the most popular one is still its 3-reel version, with a colourful wheel at the top. The Wheel of Fortune multiplayer game features a bank of machines where every player gets their own screen. What makes the game even more exciting is the multiplayer edition where people can play the bonus round together, which really intensifies the game show aspect. In a 5-reel Wheel of Fortune slot, however, Wild symbols will help players land winning combos and, if you’re lucky enough, you may get a Super Wild that will boost your win up to 5x! Last but not least, the Triple Action Bonus is activated by getting at least 3 Triple Action Bonus symbols anywhere on the reels. But still, none of the newer Wheel of Fortune slots measure up to the original one because of the large progressive jackpot involved.
5. Mega Fortune
Featuring 5 reels and 25 paylines, NetEnt’s Mega Fortune slot became very popular among players as it usually grows into a multimillion-euro amount before being hit. The main symbols here include luxury cars, yachts, and expensive jewellery, Mega Fortune is an online slot machine game which justifies its theme that comes with the largest ever online slot jackpots. The game offers a few different features that make the entire gameplay more fascinating, however, by far the most interesting ones are the 3 different progressive jackpots: Mega Jackpot, Major Jackpot and Rapid Jackpot. There are counters for all 3 of these that are displayed above the reels. Champagne is the Scatter and if you land at least 3 of them simultaneously, you will trigger Free Spins bonus round. Likewise, Wheel of Luck is the Bonus symbol, and if you land 3 or more symbols in succession from left to right on an active payline, you will activate the Bonus game. What’s interesting about this slot is the fact that a Finnish man won a huge jackpot worth €17.8 million while spinning the reels of Mega Fortune. This record from 2013, has been passed by Mega Moolah, but the game is still proof how rich players can get after playing Mega Fortune.
6. Mega Moolah
Powered by Microgaming and being among most popular slot games, Mega Moolah is a 25-payline progressive slot which has served as a competitor to Mega Fortune's big jackpots. Followed by African safari music, the game features antelopes, elephants, giraffes, lions, monkeys and zebras as the main symbols. Landing at least 3 Scatters at the same time will trigger 15 Free Spins. What’s more, all wins hit during Free Spins are tripled, whereas Free Spins can also be retriggered. Players can win one of the 4 Progressive Jackpots within the randomly triggered Bonus round. The game paid some of the largest slot machine jackpots that have ever been triggered. In 2015,for example, Mega Moolah gained international recognition when a British soldier Jon Heywood won a massive €17,879,645.
7. Cleopatra
Inspired by the famous Egyptian theme and Developed by IGT, Cleopatra is a 20-payline classic game that managed to stand out above similar releases. Featuring ancient Egyptian music, the main symbols here include Cleopatra, the Eye of Horus, scarabs, and pyramids. Landing at least 3 Sphinx symbols will trigger the Cleopatra Bonus, which awards 15 Free Spins. All prizes, except for the 5 Cleopatra symbols, are tripled in the Free Spins round. The game has been so successful that it inspired its creators to make a sequel, Cleopatra II, with richer graphics and engaging sound effects. But even if you choose the original game, you'll be playing a classic that's still enjoyed by various players today. And, in case you land 5 Cleopatra symbols you’ll get a jackpot of 10,000 coins.
8. Book of Ra
Having a popular Ancient-Egypt theme, Book of Ra has always been one of the best choices to play in land based and online casinos. Powered by Novomatic, Book of Ra is a 9 payline video slot that offers plenty of bonus features and big payouts. With entertaining narrative and energising gameplay, there are numerous ways to win here. In case you land 5 archaeologists simultaneously, you’ll get an impressive 5,000x your line bet. Earning big bucks, however, comes from the Free Spins feature. What players need to do is land at least 3 Scatter books to trigger the Free Spins feature. Pages of the book will flip and randomly determine which symbol will expand during the 10 Free Spins. Although hitting the jackpot may not be easy, with only a few one in between, when big wins come, they can be big.
9. Starburst
There’s no denying NetEnt’s Starburst slot became kinda legendary in the iGaming universe. With its dark background and shiny space looking gemstones, Starburst slot features 5 reels and 10 paylines. The well-known futuristic music in this release is also easily noticeable, as is the game’s expanding Wild. More precisely, the Wilds may only occur on the reels 2, 3 and 4, and, once 1 or more wilds appear on those reels, the Starburst Wild feature will be activated. During this feature, Starburst wilds expand to cover the entire reel and remain while the other reels re-spin. Should a new wild land during a re-spin, it expands and stays along with any previously expanded Starbursts for another re-spin. Another cool feature is that Starburst pays both ways, instead of only paying you for landing at least 3 identical symbols on adjacent reels starting with the reel furthest to the left. The maximum single spin payout for a person (betting the $200 maximum) is $100,000. But, in order for that to happen, you must land five bars on consecutive reels on an active payline. Players love this slot, probably because it’s suitable for both newbies and experienced players.
10. Immortal Romance
Powered by Microgaming, Immortal Romance is based on sci-fi and the cult of Vampires which has become one of the popular casino slot machines in the last couple of years. Apart from superb graphics and great audio and visual effects, the slot features 5 reels and 243 paylines, and the theoretical RTP rate of 96.86%. The four main characters are Amber, Troy, Michael and Sarah. When it comes to features and bonus games, Immortal Romance offers different variants. Wild Desire feature can occur randomly, and as soon as it does, it can turn 1 to 5 reels completely Wild. Likewise, landing 3 or more Scatters anywhere on the reels in this game, activates the Chamber of Spins feature which cannot be triggered during Wild Desire. The game is still among the most popular slots, as many players still try their luck in this slot in the hope to get the highest multiplier possible.
11. Gonzo’s Quest
Beautifully designed video slot powered by NetEnt, Gonzo Quest features 5 reels and 20 paylines. The story is based on the famous conquistador Gonzalo Pizzaro who is on his way to the Peruvian ruins and just about to experience the unique quest. Now, Gonzo’s Quest has become one of the most popular slot games of all time, probably because it comes with a few interesting features, Avalanche Multipliers feature being the most interesting one of all. In Essence, the reels in the slot move in a cascading manner which resemble an Avalanche. As you activate each new Avalanche, you will win a multiplier. Multipliers are displayed above the reels, and go up to 5x, that is if you land 4 or more avalanches simultaneously.
12. Age of the Gods
Being among famous slot machines and inspired by Ancient Greek mythology, Age of the Gods is a 5-reel, 20-payline progressive slot powered by Playtech. The main characters are Athena, Zeus, Hercules, and Poseidon power up 4 free game modes that offer extra wilds and win multipliers! Once you start spinning, you’ll come across a series of bonus features, such as Athena Free Games, Zeus Free Games, Poseidon Free Games and Hercules Free Games. Wild logo is the game’s wild card and it substitutes for all symbols, with the exception of the Scatter. Landing at least 3 Scatters anywhere on the reels simultaneously triggers the Bonus game. Moreover, landing 5 God symbols in any order on an active payline will get you 200x your line bet! During the main game, any spin can activate the Age of the Gods Mystery Jackpot. This mini game guarantees a win of up to 4 progressive jackpots. All you gotta do is click on the coins to reveal jackpot symbols, and if you match 3 identical ones, you will win that jackpot.
13. Money Honey
Having a cute theme, Money Honey is a 5-reel and a 243 payline slot themed around honey. With Wilds, Free Spins, Scatters and multipliers, it is a fast-paced exciting creation featuring vibrant colours. Likewise, it is a mobile-optimized slot which may be an excellent choice if you’re new to online gambling or if you’ve been playing for years. Just like in other games, Wilds will help you win payouts as they are able to replicate most other symbols on the reels once a winning combination has been made. Another symbol you may want to keep your eyes on is a Money Wheel card. Once you manage to land at least 3 of them on your reels after a spin, the bonus game begins, and you spin a big wheel to choose a prize.
14. Quick Hit
And our selection wouldn’t be complete without Bally's Quick Hit slot. Featuring traditional Las Vegas symbols with sharp graphics and relaxed music, the video slot has 5 reels, 3 rows, and 30 paylines. Once you decide how many paylines you want to bet on, your gaming adventure can begin. There are Scatters symbols and three bonus games to benefit from. The biggest payout here comes from landing the triple seven symbol. Should you land 5 of these lucky numbers on the reels at the same time, you will win 5,000 coins, whereas if you land five wild symbols, you’ll get 12,500 coins. Those looking for hitting a jackpot should pay attention to Quick Hit Platinum symbols as 5 of these contribute to 5,000x players’ original bet amount – and even more, with the max bet activated. The second-highest jackpot can be hit by landing 9 Quick Hit Slot symbols. Both the Quick Hit Platinum and regular Quick Hit symbols must occur on or within one position of the first payline to be eligible for a jackpot win.
15. SlotZilla Zip Line
And now something completely different. We’re finishing our selection of famous slots in style, with the world’s largest slot machine - StotZilla Zip Line - 128 feet tall which has two take-off levels. This $12 million SlotZilla zip line took more than a year to build and opened its doors in 2014 and has already had more than 2 million riders so far. The 11-story slot machine is decorated with over-sized dice, a glass of martini, a pink flamingo, video reels, coins, and two showgirls - Jennifer and Porsha. SlotZilla offers two different rider experiences - the upper Zoomline and a lower Zipline. This unique machine has a huge video screen with reels and a gigantic arm, replicating a true slot machine experience.
Getting Andrew Yang to the White House Part 5: The Yang Gang’s Last Stand
I’ve been seeing a lot of negativity around here recently, and rightfully so. We lost Iowa. I know that’s not an easy fact to take in given the amount of time and effort put into the state from the campaign, staff, and volunteers, but we have to face the truth. We got out-organized. So what do we do about it? I’m the author of these previous 4 posts if you have the time to read them. If not, its ok. This post is very much a standalone post. And probably my most important post thus far: Part 1: https://www.reddit.com/YangForPresidentHQ/comments/b17slb/ive_worked_on_multiple_campaigns_and_managed_a/ Part 2: https://www.reddit.com/YangForPresidentHQ/comments/b9yyyh/getting_andrew_yang_to_the_white_house_step_2/ Part 3: https://www.reddit.com/YangForPresidentHQ/comments/c1h0lj/getting_andrew_yang_to_the_white_house_part_3_at/ Part 4: https://www.reddit.com/YangForPresidentHQ/comments/ds6rh0/getting_andrew_to_the_white_house_part_4/ In this post, I will detail our best path forward. Our best path to shock the political world and get the American people and the media to take us seriously. And it’s not what you think. Andrew has been campaigning tirelessly in IA and NH, but his best chances are not there. Our entire campaign, our entire country’s future rests on us winning Nevada. There is no other state more prime for our message and our vision than Nevada. I’ve been canvassing in Nevada since November of 2019. I have knocked on hundreds of doors and spoken to hundreds, maybe thousands of Nevadans. We have a chance to take top 3 in Nevada. When textbankers told me to go to IA, I chose to travel to Nevada. And I’m glad I did. The political environment and campaign infrastructure are much better in Nevada. Nevada (and more specifically one city in NV) is a state full of Yang Gang, they just don’t know it yet. Nevada has early voting which has already begun, but their caucus is on Feb 22nd. Nevada is our last stand. And I will detail in this post exactly why we can and should win Nevada. If we don’t, that could very well be the end of this campaign. So buckle up, this is important. Nevada is the third state to vote. In addition, like Iowa they are also a caucus state. No one was expecting us to win Iowa. Heck, it’s probably a good thing we didn’t win Iowa. With the debacle going on there, our win would have been overshadowed by the IA Democratic Party screwup anyways. That being said, no one is expecting us to win NH either. (If you want to go to NH, please still go. But from this time of posting, we have 5 days to convince NH, we have two weeks to convince NV – do the math). If we lose Nevada however, that is three in a row. More than enough reason for the media to write us off for the rest of the primary cycle. We need to prove them all wrong. We SHALL NOT let the Bernie Bros pass! We can do this because Nevada has favorable Demographics, the Issues/Politics resonate with its voters, and the Nevada Staff/Campaign are the best I’ve seen. Demographics: To win Nevada, we only need to focus on one location. Unlike Iowa and New Hampshire where the population is spread out (there are 99 counties throughout the state of IA), Nevada only has 16 counties and most of them are very sparsely populated. The most important county is Clark County, and the most important city in that county is…..you guessed it, LAS VEGAS. The Las Vegas metropolitan area includes Boulder City, Enterprise, Henderson, North Las Vegas, Summerlin, Winchester, Paradise…etc. The Las Vegas Metro area has 2.2 Million people living in it. The entire state of Nevada has a population of ~ 3 Million people. The Las Vegas metro area comprises of more than 70% of the entire population of Nevada. If we win Las Vegas, we win Nevada. Its that simple. In addition, you know what Las Vegas has that IA and NH did not? A group of people whom tend to like Yang automatically: MINORITIES!! Las Vegas has a huge Chinatown and we have a Yang office there! Las Vegas had a Chinese New Year’s parade two weeks ago! Did NH or IA have a Luna New Year Parade? FUCK NO! Yang Gang was there and walked in it! We got cheers from the audience! Yang Gang has ran ads in Chinese media for Yang. There are at least several precincts that are majority Asian people! That better be automatic delegate pickups for us. We just need to turn them out! Las Vegas, unlike Iowa or NH, is very compact. You can finish canvassing 50 doors easily because the houses are close to each other. If you’re really hitting it, you can easily do 100 doors a day. You dont need to hit a few, then drive several blocks. You can simply drive to a neighborhood and bang out door to door very efficiently. Also, unlike IA and NH, it’s a sunny/cool 60-70 degrees in Las Vegas. So people are actually out doing stuff. The Issues/Politics: There is no other city where the narrative and issues Andrew Yang champions appear more salient than in Las Vegas. Las Vegas is at the center of the automation revolution, and you can look no further than the famous Las Vegas strip. If you have the money (seriously, it can get pricey) stay on the strip and talk to every bartender, waitress, blackjack dealer, housekeeper, bellman, etc you can. In Las Vegas, the service employees win the elections. This New York Times article details it very well. (If you cant read it due to paywall, don’t worry, I’ll explain) (https://www.nytimes.com/2019/12/12/us/politics/nevada-caucus-2020-culinary-union.html) The most important special interest groups in Las Vegas are the culinary workers union, Local 226, and the bartenders union, Local 165. These unions see automation in front of them every day. MGM recently automated most of their backhouse bartenders. Servers now pick up drinks from a robot and deliver them to customers. I spoke with a bar manager in the Bellagio and he said that in their contracts, there are clauses that dictate they can be automated away by a machine anytime. And they have to be ok with that. So Andrew Yang's message of the Freedom Dividend resonates. In addition, there is one issue the unions care about more than anything else and that is Healthcare. However, this is the best part: they HATE Medicare for All. Not one union worker I spoke with wanted Medicare for All. Why? Because their unions have negotiated for them stellar healthcare for years and years. They love their healthcare. And they don’t want the government coming in and taking away all the hard work their union has done for them. If you bring up Yang to your housekeeper, your waiter, your bartender, I guarantee you their first question to you will be: “What will happen to my healthcare?”. And unlike Bernie, we can say “You can keep it”. (Note: Biden also said that when he visited the unions). If Andrew Yang can win the endorsements of the Local 226 and Local 165, we win Las Vegas/NV. It was these unions whom delivered Hillary Clinton her victory in 2016. Now Andrew has not met with the unions and their leaders yet, and I hope that the campaign is reaching out to them. But until that happens, it us up to US to talk to as many union members as possible. (Note also: Nevadans have a bad taste in their mouth for Bernie, especially after how the Bernie people acted in the NV State convention in 2016. Maybe using death threats was not the best look for the Bernie campaign. Just sayin: https://www.nytimes.com/2016/05/17/us/politics/bernie-sanders-supporters-nevada.html) If you stay on the strip, talk to every employee you can. You can change minds. I Yanged an entire bar by myself when I spoke with the Bar Manager about the Freedom Dividend, automation, and that Yang wont take away his Healthcare. He then bought me a free drink, gave me his card, and committed to taking all his employees to the caucus. Imagine if the Yang Gang descended onto Vegas and did this at every restaurant, every bar, every hotel, and every venue. We would win Las Vegas, and get free shots too. After speaking to many Las Vegas voters, I’ve come to believe that they don’t like politicians. There’s a reason why Tom Steyer has blanketed the state with his ads. Because Nevadans don’t trust politicians. Thus, Yang is a natural alternative to the rest of the field. Steyer may have some traction, but almost everyone I spoke with didn’t like the fact that Steyer was trying to buy the election. Everyone from Uber drivers to strippers (seriously) found Steyer annoying. Something unique to Vegas that you don’t see anywhere else is the way wealth inequality unravels itself. Las Vegas is the place where the rich and famous come to party and blow their money away. Yet the residents here don’t scorn or hate them. Bernie and Warren’s rhetoric of the “greed and the corruption” fall on deaf ears here because in Las Vegas, the rich treat service employees well. Talk to any bartendeserver long enough and they’ll tell you about that one time when Rihanna came in and left a $10K tip on her tab. The rich come here to live out their vices, yet they are gracious and generous to the people who serve them. You can spend upwards of $5000 at a nightclub and $20 for a drink on the strip, but once you leave the strip prices drop by at least 75%. So residents don’t feel the price inflation. Don’t want to spend money? Party in downtown Vegas, where a drink is only $3- $4. The residents of Las Vegas don’t hate the rich, and they don’t want a “revolution”. They just want to make enough money so that sometimes they can sit down and enjoy a football game with the high rollers. The Freedom Dividend is the ticket to that life. The Staff Last, but not least, is the staff. Speaking from meeting as many of them as I have, the Las Vegas campaign staff are absolutely phenomenal. Mark Peckham, the NV state director did a great job picking his team and it shows. Reading through the threads I see talk about the Iowa staff being unprofessional and not ready for the caucus. I see talk about IA not training their precinct captains correctly, and offices hiring people with no experience. I can tell you, that is certainly NOT the case in Las Vegas. Almost every staff member I spoke with was professional and experienced. I consider myself pretty experienced in politics. There was not one staff member I met who didn’t know their shit. Precinct captain training? The NV staff has been doing that on a WEEKLY basis since November! Sign up for canvassing and are late 30 mins, you bet your ass a staffer will call you up and find out where you are. I remembered when I was considering going to IA and I wanted to know if the IA campaign needed a data analytics guy (my specialty). I asked several staff and never got an answer back. I asked the same question to Las Vegas staff and I got an answer back in seconds. The Las Vegas staff know their shit and they’re here to win. Even their volunteer coordinators are dedicated and knowledgeable. They have daily tables at UNLV, and weekly well attended Yang Hangs. Their offices are clean and open on time. Yang Gangs have houses you can stay in free of charge, and volunteers happily drive you around in a Tesla to get you to your canvassing locations. They’re that fucking good. Convinced yet? Here are the contacts you should add/follow on facebook: Eileen Patterson, Las Vegas Volunteer Director Gavin Williams, Field Organizer Alex Pitarro, Field Organizer Alyssa Monet Manson, Yang Gang House Leader Nick Joke (not his real name, but his name on facebook), Volunteer organizer (these are not all the staff, just the ones I can remember off the top of my head. There are several others, almost all are sharp). Join the Vegas Yang Gang Facebook Group: https://www.facebook.com/groups/vegasyanggang/ The Las Vegas Yang Gang has a website: https://vegasyanggang.com/ The following are their active offices and hours: Addresses: Chinatown Office 4276 Spring Mountain Rd Suite 203 Las Vegas, NV 89102 Henderson Office 580 E. Windmill Lane Suite 130 Las Vegas, NV 89123 North Las Vegas Office 2815 W Lake Mead Blvd Las Vegas, NV 89106 Hours Monday—Saturday: 10:00AM–8:00PM Sunday: 12:00PM–8:00PM (Note: I emphasize Vegas because it is the population center of Nevada. However, if you would like to help win other parts of Nevada, Reno is worthy of helping too. I’ve met several Reno organizers and they are all very capable people.) Lastly, Las Vegas is truly an amazing city. Nothing beats canvassing 50 doors a day and then settling down to a workout, a spa, and a buffet. Want to Yang marijuana aficionados because Yang has the best drug policy? Great, its legal to buy weed in NV. Go to one of the hundreds of dispensaries in Vegas. Want to Yang sex workers and strippers because Yang wants to decriminalize sex work? Great, Vegas has the best strip clubs in the world. Want to party hard and work hard? Great, Vegas has the best nightclubs and bars you could ever dream of. Want to Yang sports gamblers because Yang wants to legalize online gambling, you can do that too! So lets leave all our chips on the table Yang Gang. There is no other city more prepared to be won than Las Vegas. Lets lay it all out on the floor and say we did our best. Make Las Vegas our Last Stand. And if we win, if we do, that will be more than enough momentum to carry us to victory on Super Tuesday. Nevada/Las Vegas is better representative of America than any other state/city so far, and America will recognize that. If we win Vegas, we carry enough momentum to finish well in Super Tuesday, guaranteeing our bargaining power in a brokered convention in July. I hope this is not the last time I write these posts. And I hope you all can join me. What are you waiting for? Buy your ticket. We’re going to Vegas baby. thank u, next. Note: last but not least, if you can donate, please donate to the Ken Jeong fundraiser this coming 2/13, will help us hit NV campaigning strong!: https://secure.actblue.com/donate/ay-events-lv-1215 Edit: Thank you so much for everyone giving me awards! I just want Yang to win and I firmly believe this is our last stand. We’re in the Endgame now....
[REQ] ($400) - (#Spring Valley, NV, USA), (08/26/2020, (Paypal)
I am in need of $400 to put towards products for resale. I have a prearranged direct buyer for all of my products but lack the capital to make the initial purchase. During the lockdown in Nevada, 20,000+ people including me have yet to receive their unemployment(I filed march 18th and have documentation proof if needed) and are now pursuing a class action law suit against the state. Feel free to research this as it is all available online. So I took matters into my own hands and began selling products online to a direct wholesale buyer. I recently moved into a new apartment and the cost of the move in has exhausted my capital I had, I can do good numbers in a day with just $400 and would payback $550 on 8/26. I have my PayPal statement for the month of July proving income verification from this as well. P.S. I do not gamble and I do not drink Thank you in advance for considering to help me
Rollex11 Malaysia Slot - Orange Is The New Black 2021 Coming?
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I went on a bit of a rant after skimming some senate bills. Feel free to use this to email your reps.
I look up bills in my state every once in a while for things I am interested in just to stay informed. After seeing poker lumped in as a "games of chance" like bingo and slot machines I wrote a bit of a rant to my representatives. Thought I would share what I wrote incase anyone here wanted to use it. I know it's COVID and there are bigger issues. But even more the reason to allow online play. You might want to remove my reference to the Washington States Senate bill, but I'm sure something similar exists for you. For the most part, these emails are actually read. So it's not a waste of time to change what I have a little email it to a few people. ------------- Find your reps: https://www.commoncause.org/find-your-representative/add ------------- Hello, my name is [Name] and I live in [State] District [your disctrict number]. I am writing to you to voice my support for online poker and explain why it should be legalized. I was prompted to write this email after skimming a few senate bills, one of which (S-1558.1) read this: "An affirmative vote of sixty percent of both houses of the legislature is required before offering any game allowing or requiring a player to become eligible for a prize or to otherwise play any portion of the game by interacting with any device or terminal involving digital, video, or other electronic representations of any game of chance, including scratch tickets, pull-tabs, bingo, poker or other cards, dice, roulette, keno, or slot machines. Approval of the legislature shall be required before entering any agreement with other state lotteries to conduct shared games;" The part of this bill that is particularly inaccurate is classifying poker as a "game of chance". A game of chance would imply a fixed probability of a person winning or losing. Rolling dice has a 1:5 chance of hitting the number you want, Slot Machines are a programmed payout %, and all other games listed here fit in that category. But Poker does not. But the defining characteristic I think you should pay attention to here is that in the world of gambling the house has this fixed edge using probabilities. So no matter what a person does the house will always have a 3-20% edge. For example, if you are playing roulette, no matter what you do you have a ~47% chance of winning. Meaning the house has a 6% edge. Yes, there are scenarios in poker where you can get lucky, but that is with any game or sport. The chance of it raining, the chance of twisting your ankle, the chance of sneezing. But aside from that, Poker it is far from a game of chance. This is most easily proven by the mere existence of professional poker players. People who are skilled at poker, win way more often than they lose on average. The house has no edge in poker, individuals have an edge, but only based on their skill level. Skills include, but are not limited to:
Knowing the value of your hand compared to the possible value of your opponents hands given the cards on the board.
Knowing the probability of improving of your hand (If I need a heart, there is a 25% chance of that coming. If I need a King after the flop I have ~16% chance of winning)
Knowing how to bet (and how much to bet), or call, or fold based on the value of your hand and the odds of it improving.
These are all skills that a person can possess to have an edge over other people. However, there is no edge for the house. This dynamic exists in many games, there is no difference in playing poker for money than there is in entering a singing contest for money. They both mostly involve the skill of the person vs their opponents, the only difference is that odds of getting a heart on the next card or getting a King after the flop are perfectly predictable opportunities of chance in poker, therefore more noticeable. But the luck involved in singing like humidity that day, technical issues, or getting sick are much hard to measure, therefore less noticeable. Finally, I want to compare poker to something that is legal, truly a game of chance, and damaging to low income populations–the lottery. Online poker can easily be regulated and will mostly be played by higher income earners. Yes, it is possible for people to be addicted, but people can be addicted to anything. Being online vs in person does not make a difference as to how an addict will behave. However, the lottery is more addictive and specifically targets low income areas. The fact that the lottery is legal and people can pay $10 - $100 a week on a game that they have a near 0 chance of "winning", but cannot play online poker with that same money and improve their chances overtime just does not make any logical sense. If someone is addicted to poker, they will play poker. The only difference is that you are forcing them into playing in person where the cheapest game is $300 to buy in. But the advantage of online poker is, those same people can get their fix buying in for $10. By making online poker illegal, you are hurting the very people you say you are protecting even worse. Poker was made famous in America with online poker, now we are the one of the only countries beside Iran and North Korea where it is illegal. If [State] truly is a progressing place, you will reconsider your stance in online poker and make it legal and regulated the same way New Jersey, Nevada, Pennsylvania, and Delaware have. Thank you for taking the time to read my position.
Mega eTextbooks release thread (part-20)! Find your textbooks here between $5-$25 :)
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Fundamentals of Corporate Finance, 2nd Canadian Edition : Jonathan Berk & Peter DeMarzo & Jarrad Harford & David A. Stangeland
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Is Online Gambling Legal in Nevada? The Nevada state law permits casinos in all part of the state but currently the law does not regulate online casinos. Online Poker is allowed but there is at the moment no Nevada licensed online casino. Of course, that does not mean that Nevada residents cannot play on the web. Even though the Silver State is home to the mecca of all gambling in Las Vegas, the laws surrounding online gambling in Nevada can be difficult to understand. You would not be blamed for asking, “Can I legally gamble online in Nevada?” Especially if you have a real interest in gambling online within the state. If you live in a state where online gambling is not yet regulated, then you have the option of using a VPN. This tool will change your IP address to make it seem like you’re in a different state. Online poker is the only licensed and regulated form of online gambling in the state of Nevada. Online poker action has been available in the state since April 2013. Although Ultimate Bet led the initial charge back then, the launch of WSOP.com Nevada quickly brought about a new market leader. In short, yes, you can gamble online legally in the US. However, not in every state. It is also important to note that some states have also only legalized some forms of gambling. In particular, sports betting sites are legal in more states than online casinos. Others have no legislation against it meaning that it is possible to play at casino sites without getting into trouble. Below we have a full look at the states in which it is possible to gamble online. Nevada Horse Betting Get up to a $500 New Member Bonus. BUSR is the best site to bet on horses. Why? Because, all new members will get up to a $500 bonus for joining and you can also qualify for an extra $150 bonus!. Enjoy off track horse betting with rebates up to 8% on all your horse racing wagers paid into your account the very next day.. Start your Nevada horse betting with BUSR today! Nevada is an online gambling state. You can play online poker and bet on sports through your mobile device if you are inside state lines. We’ll explain how to get started with your account below. Perhaps surprisingly, Nevada is not as developed in online gambling as some other states. The land-based casinos themselves have such an intrinsic value to the state that there is less of a push for competition. In fact, Nevada’s vetting process is considered among the best in the world. Often, Nevada leads the industry in gambling laws. Just in the past 5 years, Nevada was the first to legalize online gambling, eSports betting, virtual sports betting, and skill-based slots. When regulatory scrutiny of daily fantasy sports began, it started in Nevada. Online gambling is 100% legal in Nevada, pretty much no matter how you go about it. The first way, of course, is the state’s preferred method, whereby users sign up and gamble at sites run by NV’s many in-state casino operators. This is the only officially-sanctioned form of online gambling in Nevada. As the first US state to legalize land-based gambling back in 1931, Nevada boasts the country’s largest number of gambling establishments. You can find all types of games in Nevada casinos — from slot machines and table games to the most popular card games, such as poker, blackjack, and baccarat.
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