Greece starts assets sales with horse racing gambling license | Reuters

Greek Prime Minister Alexis Tsipras told Reuters on Thursday that state assets were one of the thorny issues in talks with the EU/IMF creditors assessing whether the cash-strapped country can get further bailout aid.

The agency announced in March it would proceed with the sale of the exclusive betting rights to OPAP, the country’s dominant gambling firm, which won the license last year after offering 40 million euros ($43.26 million).

Betting on horse racing in Greece had been run by a state-owned group.

Greece has a series of ongoing tenders for the divestment of state assets, including the sale of a 67 percent stake in its biggest port Piraeus and the lease of a bundle of 14 regional airports to a joint venture led by German airport operator Fraport (FRAG.DE).

ATHENS Greece’s privatization agency (HRADF) has invited OPAP (OPAr.AT) to sign a deal next week to acquire the country’s sole license for horse racing betting, the first state asset sale to be completed by the new leftist-led coalition government.

(Reporting by Angeliki Koutantou; Editing by Keith Weir)

In a reform list sent to the creditors last month, Athens estimated privatization revenues of 1.5 billion euros this year. .

The government has made clear that it will honor all existing contracts.

Privatizations have been a key demand of the country’s international lenders. The election of Tsipras’ government in January on promises to end austerity and block “fire-sales” cast doubt on the future of Greece’s privatizations plan. It has also said that it favors joint ventures and wants the state to keep a minimum stake in its assets to boost social security funding and protect workers’ labor rights.

“HRADF…invited the successful bidder, OPAP ?nvestments Ltd, to sign the concession contract on April 24,” the agency said in a statement on Friday

Why You Will Lose Money by Sports Betting

Exchanges use

bots (software) to keep the odds markets artificially fluid that ensure that

people will bet more, especially when an event is in running.

That was a very simplistic example. Nowadays, there is a way for you to become the

bookmaker, due to the emergence of Betting Exchanges such as Betfair and


Betting Exchanges

A betting exchange is different to a usual bookmaker because you

are matching your back bet with a lay bet placed by someone else. If Chelsea draw then I lose £10, I can only win

if Chelsea wins.

Even if you do become successful and manage a winning streak,

the chances are that bookmakers will limit or even suspend your account and in

some cases just refuse to pay out. The odds just don’t allow it. A very simple example:

The only people who are making money out of gambling are the bookmakers;

the exchanges and the spammers who sell systems that promise you the earth.

Don’t fall for it; within a few months they will be selling another system

because their earlier ones don’t work.

You could win eight times out of ten then lose all your profits

on the two games Chelsea lost or drew. They offer generous

incentives for you to join them with some sites offering to match your deposit

up to £200 and do you know why? It’s because they know that they will get their

money back plus most of yours.

I place a £10 bet on Chelsea to win

If Chelsea wins then I win £10 – 5%. It is all down to maths.

Someone else bets £10 that Chelsea will not win.


theory you can become the bookmaker by laying every outcome so that you will

make a small profit once you have paid out to the winner. Chelsea are expected to win most of their games and so the odds

for Chelsea to win are very low, whereas the odds on the other team to win and

the draw are quite high. It

is very unlikely that you will ever get the odds needed to complete a book. It is these differences in the betting odds that

ensure that you will never win at sports betting.

Can you see that I am at a disadvantage from the start? If

Chelsea lose then I lose £10. There are literally thousands of sites on

the Internet all dying to get their hands on your money. The exchange

takes a 5% cut from the winner of the bet. In practice making a

book (as they call it) is almost impossible. You

may even manage it once but then to keep on doing it, is very unlikely.


only person to win is the bookmaker, when did you ever see a bookmaker riding a

bicycle? Never is the answer. In other words, the more successful you

become then the less you will actually win until eventually you lose any profit

that you gained.

Gambling over the Internet


betting has never been easier to do. In reality it’s much more


Harmful Effects of Smoking on Sports Performance

Even smokers know that they are risking their life just to get a puff. Now let us find out the effects of these chemicals on a player’s body.

According to The Non Smokers’ Movement of Australia, adolescents who had smoked for five days had an 8% reduction in endurance time compared to those who didn’t smoke.

The harmful effects of smoking are not new to people. Many effects of smoking can be reversed if a person quits smoking.

. So, when a sportsperson who smokes performs his routine exercise, the heart rate can rise to dangerous levels, which might even cause a heart attack.

Shortness of Breath

Smoking may result in the build-up of tar, and causes the mucous membrane to get inflamed, which increases the airway resistance, making it difficult for the body to get proper oxygen. The most common category of people whose daily routine involves excess physical activity are sportspersons. Arsenic, benzene, cadmium, chromium, carbon monoxide, ammonia, and hydrogen cyanide are some of the most dangerous chemicals found in cigarettes. Due to insufficient blood supply in the cells, the blood vessels constrict, which further causes plaque formation inside the arteries. This results in low bone density, which increases the risk of fractures and other bone problems.

These were some of the effects of smoking on sports performance. According to Cancer Research UK, on burning a cigarette, it releases about 4,000 chemicals, out of which hundreds are poisonous, and 70 are cancer-causing chemicals. But people who have rigorous physical activity as a part of their life should pay more attention. It also reduces the elasticity and flexibility of muscles, which in turn results in decreased performance.

Decreases Physical Endurance

Weakening of Muscles

The foremost thing to know is the constituents of the smoke that causes so many complications. So, here we are, trying to make you aware of some of the major harmful effects of smoking, on a player and his performance.

Negative Effects of Smoking on Sports Performance

The nicotine and cadmium content in cigarettes show toxic effects on the bone cells, and also lowers the amount of calcium absorbed in the body. This forces the heart to work harder, resulting in the weakening of muscles. This heart rate is highly increased in people who smoke, as their heart has to do extra work to meet the body’s oxygen requirement. This may result in shortness of breath, and the player feels exhausted very soon.

Increases Risk of Bone Problems

Smoking leads to inflammation of the arterial wall. Do you know smoking decreases the performance of a player by hampering his stamina, and causing major harm to his heart? Even people exposed to secondhand smoke can suffer from a number of health complications. The resting heart rate is the heart rate when the person is in a resting or relaxed state. When a person inhales tobacco smoke, he is exposed to carbon monoxide, which readily combines with hemoglobin (a substance in the red blood cells). People who are into any type of sports, or are looking forward to making a career in sports, should avoid smoking completely. This reduces the circulation of blood, and puts extra strain on your heart to meet the oxygen requirement of the body, especially at the time of excess physical activity, resulting in decreased physical endurance.

Increases Risk of Heart Diseases

Oxygen is absolutely necessary for each and every cell of our body to survive and perform its task. This hampers the blood from carrying oxygen, and the muscles are unable to get the required oxygen

How to Make Money Handicapping Horse Races and Betting on Horseracing

That edge is what separates gamblers from handicappers and is why, in the long run, handicappers win more, but in all fairness, they don’t just win it, they earn it.

For some people, horse racing handicapping is an intellectual sport and they prepare themselves and work hard at it.

Your chances of success are much greater if you educate yourself, prepare, practice, and work hard, but there are no guarantees. If the success rate for handicappers is 5-10% then it is probably 1-2% for those depending upon luck.

On the other hand, the ones who depend upon luck invest nothing but money and very little time. The thrill of winning is probably pretty close to the same for each group, though the handicappers also have the satisfaction of working hard and getting rewarded for it.

The way you make money handicapping and betting on horse races is in finding a good bet.

The big advantage that the handicapper has over the gambler is that he or she has an idea of each horse’s chances of winning and therefore, how much a horse has to pay to win in order to make money on such bets in the long run. There are many more people, perhaps millions around the world, trying to make money betting on horse races depending upon luck or some other system to be a winner.

. The only work they do is to walk into the club house and maybe read a simple list of horses and riders. The ones who depend upon luck or some other esoteric method are more like lottery players than handicappers, but the thing they all have in common is that all there money goes into the same pool and some from each group will be successful while many will not.

There are thousands of people trying to make a living from horse racing by handicapping the horse races and then betting on horse races

Casino-Gaming :: Basic Information Regarding Blackjack

A card with the dealer has one card uncovered so your gamers can easily see. It doesn’t matter just what the other players have. If your hand of the gamer grows to 21, this is called blackjack. It is a biggest house good thing about black jack when you play at internet casinos. It is about you beating the casino dealer in the game.

Twenty-one Rules

The player is allowed to take just as much cards as he wants but he has to be wary about busting or groing through the quantity 21.Care and strategic planning is necessary to prevent busting while ensuring is at your closest value to 21. However, if your splits a card, it won’t be highly regarded anymore as twenty-one since they will be individual hands currently. The first part of twenty-one is the dealer handing out Two cards to every one from the gamers and finally, to him self. The main idea of Black jack is to find the top cards that can provide a sum closest or equal to 21, with no going overboard (bust). The player is victorious if his number is closer to 21 compared to the hand of the dealer. They 2-10 are valued as is while the face cards are offered value of 10. Value of the blackjack is 1.5 events from the bet knowning that suggests a bet of $120 will give you a $170 win. Black jack Tutorial

Ever in your life played Black jack? That is considered a counting game where every cards are given their appropriate numeric value. However, it the casino dealer and gamblers hands are just 21 or related, then it is considered a push meaning no-one is victorious. It simply gets a push if another card is a twenty-one 10-Ace. Keep in mind, a game is about you and your dealer. It is essential that you concentrate on your cards and also the dealer’s card while focusing on making a hand that because biggest advantage for winning. Actively playing black jack is strategic and yes it permits you also to turn into analytical and mathematical. Nonetheless, a game of twenty-one is usually a fun and challenging game which gives the pleasure to challenge your house and obtain the opportunity on earning huge.

. One other you are facing down. The Ace is usually a unique case because it may be valued either 1 or 11 depending on what best suits your hands. Blackjack is all about beating your house. It doesn’t matter just what cards the rest get. The user can lose either by busting or if the dealer’s hand is much more detailed 21. All of the cards of your gamers are facing exactly the same way, either down or up according to the rules on the table. Any hand is beaten with a mix of 10 and Ace choice . hand is usually similar to 21

Global Online Gambling Benchmarking Study – 2016/2017 Edition – Research and Markets

Part 4 – Expenses/costs benchmarks

- Geographical analyses, such as the level of internationalisation and

geographical diversification.

10 Staff costs

Part 5 – Player/customer-related benchmarks

Part 7 – Marketing-related benchmarks and analyses

25 French online gambling market

For more information about this report visit

- More product-related topics and benchmarking – Growth potential for

selected products, benchmarking of product offers, such as number of

football bets, casino games, lotto and numbers games

- Facebook

7 Operating profit / EBIT

11 Research and development

Related Topics: Online


- Strategic issues – Strategic topics, such as overall industry climate,


What’s new in the 2016/2017 edition:

- More marketing benchmarks – Social benchmarks (e.g., number of

Facebook Likes and Twitter Followers, …), SEO benchmarks (e.g., Google

ranking analyses), affiliate marketing benchmarks (e.g., top 30 online

gambling advertisers/brands on affiliate websites)

5 Revenue related benchmarks

- Current data and KPIs as well as historical data back to 2007 – Our

benchmark analyses are based on the most recent data and KPIs and also

trace long-term developments as far back as 2007.

14 Churn rate of active players/customers

4 Revenue growth

13 Revenue per player – ARPUs

12 Active players/customers

Companies Mentioned

20 Lotto, numbers games, – product benchmarking

22 SEO benchmarking – which operators are doing the best job in SEO?


- Twitter

8 Profit before tax

19 Casino games/offers – product benchmarking

The report offers unprecedented insights into the industry:

- Analyses of financial results, such as EBITDA, EBIT, including

comparison of margins.

- In-depth mobile gambling focus – We have added still more analyses of

the mobile gambling business in order to cover the full range of

relevant mobile KPIs

The report offers a comprehensive analysis and benchmarking of key

performance indicators (KPIs), key business figures, relevant margins,

and much more to enable executives in the online gambling industry to

improve both controlling and operations.

2 Key trends and topics

21 Social marketing benchmarks

18 Casino games revenue breakdown

- Player/customer-related benchmarks, such as active player development,

ARPUs, churn rates

Part 1 – Online gambling trends and hot topics

- Expense/costs benchmarks and margins, such as marketing, staff costs

Part 6 – Product-related benchmarks

3 Mobile gambling in the spotlight

- Product-related benchmarks, such as product/vertical split,

cross-selling, breakdown of betting revenues by type of sport

24 Overview and comparison of regulated markets

Part 2 – Growth benchmarks

1 Introduction

16 Betting-related benchmarks

Part 8 – Regions and regulated markets analyses

- Revenue growth benchmarks are broken down by products/verticals.

Key Topics Covered:

Part 3 – Key financial results benchmarks

26 Danish online gambling market

- Google

15 Overview, comparison, and growth development

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Online

Gambling Benchmarking – 2016/2017 edition” report to their


23 Affiliate marketing benchmarking

- In-play/live betting benchmarks, such as in-play/live betting’s share

of total revenue, in-play/live betting gross revenue margins

9 Marketing

- Mobile business benchmarks, such as mobile share of total online

business,mobile share of total online casino/gaming business

17 In-play/live betting benchmarks

Place your bets at Monmouth Park? A lot less did this year

The tracks in the Mid-Atlantic region need to figure out a way to share the horse colony.”

The Asbury Park Press reports ( that attendance and wagering were down big at the Oceanport racetrack over the three-day holiday weekend compared to last year.

Monmouth Park adviser Dennis Drazin says the decision not to allow a casino there and a shortage of horses in the Mid-Atlantic region is hurting the track, which is hosting a 57-day meet this year with live racing held on weekends and holidays. Last year, attendance was more than 60,000.

Monmouth Park also has been very involved in efforts to bring legal sports betting to New Jersey. That’s down from more than $15 million last year.

With Monmouth Park getting around 20 cents on every dollar wagered on-site, that means the track saw about $149,000 less in revenue this year..

Bettors wagered $2,264,176 at the track last year. The track held a similar 58-day meet last year.

Monmouth Park held live racing from Saturday through Monday and again hosted the Jersey Shore Food Truck Festival this year, but attendance was down to approximately 42,000. But the state’s efforts have been stymied by a 1992 federal law that restricted sports betting to Nevada, the only state to allow betting on individual games, and three others that had approved limited multigame parlay pools.

Attendance and betting have fallen at New Jersey’s racetracks in recent years, and many officials and some lawmakers have strongly supported calls to add casinos and other expanded gambling opportunities.

Sports betting also has been strongly opposed by the four major professional sports leagues and the NCAA, who feel it would damage the integrity of the games and lead to a higher incidence of game-fixing.

OCEANPORT, N.J. But on-track handle fell to $1,519,687 this season, a decrease of 32.8 percent.

“There’s a horse shortage; all tracks are suffering the same things we are right now,” Drazin said. “The future is a circuit where we’re not all running against each other and all the tracks are better off. (AP) — It was a rough Memorial Day weekend for Monmouth Park.

There was $7,752,605 bet on races at Monmouth Park from bettors across the country this year

Japan casino bill delayed again; resort opening could miss Olympics: sources | Reuters

Authors of the casino bill previously planned to start discussions around this week and vote on the bill in November.

“Caesars is certainly still interested in pursuing an IR (integrated resort) license in Japan even if the resort could not open in time for the Olympics,” Steven Tight, head of the company’s international development division, told Reuters.

Putting off passage until the next session, expected to start in early 2015, would in turn make it less likely a casino could open in time for the Olympics, as people following the process have said tough logistics make this target a close call. Many say the second bill may prove even harder to pass as it covers more details such as regulations. He declined to be named because plans were not yet official.

Abe has called casinos a pillar of his economic growth policy, but some Komeito members are opposed due to worries about gambling addiction.

“But the sooner the IR Promotion Bill is passed, the sooner Japan can realize the many benefits generated by an integrated resort.”

Even before the latest delay, Keiichi Ishii, policy chief of Komeito, the junior partner in Abe’s coalition government, told Reuters on Monday: “The hurdle is quite high for both lower and upper houses to enact (the legislation) during the current session.”

TOKYO Japan’s plan to open up to casino gambling has been delayed again, three people familiar with the process said, dealing a blow to one of Prime Minister Shinzo Abe’s policy priorities and to hopes the first resort will open in time for the 2020 Tokyo Olympics.

The opposition Democratic Party is divided: some of its members helped author the bill, while others are demanding more thorough debate over the possible risks, such as addiction and crime, before voting on the bill.

Pro-casino lawmakers have given up debating a casino legalization bill this month and now aim to start discussions in November, two people directly involved in the process and one person briefed on the deliberations said on Wednesday.

(Additional reporting by Emi Emoto and Farah Master; Editing by William Mallard and Nick Macfie)

Debate on legalizing “integrated resorts” has been delayed by other legislation as well as opposition from lawmakers worried about gambling addiction and other issues.

The delays are sure to disappoint casino developers, but Caesars said it was not discouraged.

“We are aiming for early November now,” said one parliamentary source who was involved with drafting the bill, regarding the start of parliamentary debate.

Sands declined to comment on the latest delay.

Failing to pass the bill this year would mean pushing back the drafting of a crucial second bill on implementation, which is partly meant to address concerns from some Komeito members. The delay will make it harder to enact the law by the end of this session of parliament on Nov 30, the sources told Reuters.

Companies such as Las Vegas Sands Corp and Caesars Entertainment Corp are vying to win the first licenses to operate casinos in Japan, a market that brokerage CLSA estimates could generate annual revenue of $40 billion.