October 29, 2007
The city’s two video bingo parlors have brought in more than $4.2 million in gross profits during their first complete year of operations, according to estimates based on city tax collections.
The two parlors pay a 20 percent tax on their total take to the city each quarter.
Together, they paid $848,673 in city taxes on revenues from Oct. 2, 2006, through Sept. 30 this year.
The yearly estimates are based on the city’s latest quarterly tax collections for video poker, which is also the fourth public accounting of the parlors’ business.
In the period of July through September, the parlors brought in an estimated $1.1 million in revenues and paid the city $224,240 in taxes.
Video bingo is much like video poker in that users insert money into machines to play the games.
However, video bingo machines are used by sponsoring charities for fundraising purposes and are regulated under laws other than those controlling video poker.
The parlors — Cypress Palace Bingo and Hammond Bingo Palace — opened their doors on Oct. 2, 2006, which was more than a year after the City Council enacted a controversial ordinance in 2005 authorizing video bingo inside city limits.
Mayor Mayson Foster vetoed the ordinance, but the council overrode the mayor’s veto.
Video poker was outlawed throughout Tangipahoa Parish by a local-option vote in 1996.
A quarter of the city’s video bingo revenue goes into a reserve fund for a proposed children’s museum. For the latest quarter, $56,060 was set aside, officials said.
The remaining tax revenues were earmarked solely for capital-improvement projects by the City Council last month. For the latest quarter, $168,180 will go into a capital-improvements fund.
October 29, 2007
The final eight players in the PokerNews Cup Main Event returned to the felt at the Crown Casino in Melbourne on Monday. The last six would set the TV final table, with the winner walking away with the $300,000 first-place prize money. Kenny Ng held the chip lead as play resumed, but it would be Dory Zayner who finally captured the trophy and the AU $300,000 prize money.
The seating assignments and chip counts for the final eight looked like this as play began:
Seat 1: Tanya Hill - 511,000
Seat 2: John Maver - 455,000
Seat 3: Ozzie Yildiz - 560,000
Seat 4: Dory Zayner - 1,185,000
Seat 5: Mouris Ahou - 772,000
Seat 6: Grant Levy - 1,458,000
Seat 7:
Pokerstars
Kenny Ng - 2,004,000
Seat 8: Jordan “JL514″ Lamberg - 1,619,000
The pace of play was deliberate early, with players jockeying for position throughout the first several orbits. Tanya Hill was the first to be eliminated when she tangled with Jordan Lamberg. Lamberg raised preflop with (A-Clubs)(7-Clubs), and Hill moved all in with (A-Diamonds)(Q-Clubs). Lamberg made the call, and the flop brought (J-Spades)(7-Hearts)(4-Hearts), pairing Lamberg. Running fives on the turn and river left Lamberg with two pair, sevens and fives, enough to send Hill to the rail in eighth place (AU $23,880).
Next, Dory Zayner took over the chip lead on the hand that sent Morris Ahou to the rail. Zayner moved all in from the small blind, and Ahou called from the big blind. Ahou tabled (A-Hearts)(J-Diamonds) to Zayner’s (8-Clubs)(8-Hearts). No help arrived on the (7-Hearts)(6-Diamonds)(4-Clubs)(6-Spades)(4-Hearts) board for Ahou, and he was eliminated in seventh place ($35,900).
Once the TV final table was set, Jordan Lamberg’s run came to an end shortly after a break. After a Kenny Ng pre-flop raise, Lamberg re-raised all in with (A-Spades)(10-Diamonds). Ng quickly called with (A-Clubs)(K-Diamonds), and the (K-Clubs) in the door sealed Lamberg’s fate. The online qualifier collected $47,900 for his sixth-place finish. It was only a few hands later that Ozzie Yildiz went to the rail in fifth place, again running a lesser ace into A-K. Yildiz moved all in pre-flop and got a quick call from Zayner, and Zayner’s (A-Diamonds)(K-Hearts) held up over Yildiz’s (A-Spades)(6-Spades) when the board ran out (J-Hearts)(10-Clubs)(5-Spades)(4-Diamonds)(10-Spades), Yildiz was eliminated in fifth place ($71,900).
Action slowed considerably after Yildiz’s exit, with nearly 50 hands passing before the next elimination. That came when Ng moved all in from the small blind with (A-Diamonds)(4-Diamonds), and John Maver called from the big blind with (9-Clubs)(9-Spades). The flop looked good for Maver, bringing (J-Diamonds)(7-Spades)(6-Clubs), but the (6-Diamonds) on the turn gave Ng additional flush outs. The river (A-Hearts) paired Ng and sealed Maver’s fate, sending him home in fourth place with $95,800 to show for his efforts. Grant Levy was next to bust, when he called Zayner’s pre-flop all-in with (A-Hearts)(4-Spades). Levy was in a virtual coin flip to beat Zayner’s pocket threes, but the board came with no ace, no four, and Levy was eliminated in third place for $131,800.
Zayner took a small chip lead into heads-up play, with the final two chip stacks looking like this, ahead of Ng 4,870,000 to 3,755,000 in chips. Heads-up play between Zayner and Ng was deliberate, with many hands decided by a pre-flop raise, but after about 25 hands of heads-up play, Zayner made a move against Ng that paid off to give him a dominating chip lead. Ng raised pre-flop with (8-Diamonds)(9-Hearts), and Zayner moved all in over the top holding (K-Hearts)(3-Hearts). Ng called, and the board missed both players, bringing (A-Spades)(J-Spades)(2-Clubs)(J-Hearts)(7-Spades). Zayner’s king kicker played, and he dragged a pot worth over seven million in chips.
The last of the chips went in the middle on the very next hand, as Ng pushed all in over the top of Zayner’s pre-flop raise with (J-Diamonds)(8-Clubs); Zayner called with (K-Clubs)(7-Clubs). The flop was (Q-Spades)(10-Hearts)(4-Spades), giving Ng a gutshot draw, but the (K-Spades) on the turn left him drawing even worse. The river brought the (5-Clubs), and Kenny Ng was eliminated in second place ($203,700). Dory Zayner claimed the first-ever PokerNews Cup Main Event Championship and the AU $300,000 first-place prize money.
October 27, 2007
Shares in online gambling group PartyGaming climbed sharply on news the company had a better-than-expected third quarter, driven largely by growth in their online casino division.
Q3 revenue was up 24% on last year to $115.7 million, driven largely by increased casino revenue after Party Poker revenue (which traditionally accounts for the majority of PartyGaming profits) was down 3% to $76.9 million compared with Q3 2006.
But Party Casino delivered an unexpected boost for the struggling company, with casino revenue increasing 158% to $36.7 million compared with last year.
Sports
Prestige
betting revenue was almost doubled to $4.2 million from $2.2 million in Q3 2006 but this was partly due to the increased revenue from large sporting events during the quarter.
The PartyGaming trading update noted that distribution costs will be toward the bottom end of its previously forecast range of 43-45% of revenue. Deutsche Bank analyst Jon Tarasewicz said this should reassure investors that the marketing environment isn’t deteriorating:
“The strength of current trading and the continued development pipeline give us increased confidence that our 2008 forecasts should be achievable, and we reiterate our buy recommendation on the stock.”
Shares in PartyGaming (LSE: PRTY) were traded furiously after news of the released results circulated. The SP closed at 31.25 at end of trading Thursday.
October 27, 2007
Contract bridge, usually known simply as bridge, is a trick-taking card game of skill and chance. The game is played with a deck of 52 cards & one of the player is the dealer. It is played by four players who forms two partnerships & the partners sit opposite to each other at the table. The game is then carried on making bidding, play an contract. Contract.
The bidding ends with a contract, which is a declaration by one partnership that their side shall take at least a stated number of tricks, with specified suit as trump or without trumps. A session of bridge consists of various deals or hands tricks.
The objective of a single deal is the making the bid, coming to the conclusion and then playing the bid. Then the rank result is calculated. The rank is calculated in accordance to the tricks dealt in the game and the amount of tricks takes. Effective uses & optimum utilisation of Tricks in the play makes the scores high. Thus, in the bidding stage, the pairs compete to see who proposes the highest number of tricks, and the side which wins the bidding must then fulfill that bargain by taking at least the contracted quantity of tricks in play to obtain a score.If the side which wins the auction then takes the contracted number of tricks, it is said to have fulfilled the contract and is awarded a score; otherwise, the contract is said to be defeated and points are awarded to the defenders.
Dealing
The dealer deals the cards starting from the left and ending with himself, thereby each player getting a total of 13 cards.
Auction
The Auction determines the declaring side and the final contract, which consists of the number of tricks, bids and the level or optimisation of tricks. Only one of the partner will be playing the hand while the other will be doing nothing and will be acting as a dummy.
During the auction, each player makes a call at his turn, which must be one of the following:
1 Bid [stating a level and a declaring tricks and intensity of tricks]
2 Double [when the last call other than pass was a bid by an opponent]
3.Redouble [when the last call other than pass was a double by an opponent]
4.Pass [Unwilling to make a call]
October 27, 2007
The French Roulette game at Casino.Net is based on internationally accepted odds and game standards. French Roulette is a Single Zero Roulette with a different table layout, and “La Partage” rule where players lose only half their even-money wagers if the wheel stops at zero. French Roulette at Casino.Net has a theoretical payout of 98.65% with the following features:
- Bet limit from €1 to €2,000
- Better odds with Single Zero only
- “La Partage” rule for even better odds
- Up to 4 players can play together
Game Rule
You have to match your bets with the Roulette outcome in Five Chances.
Systematic Procedure to play the game is –>
1. Click on the “PLAY NOW” button in order to purchase Scratch card.
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If you win by Matching the Bets with the Roulette outcome in a given number of chances, the prize as per the Game scoring will Flash & will be credited in your Account.