Author Archives: Danzig

Forget gold and Bitcoin. I’d buy these 2 cheap UK shares today to become an ISA millionaire – Yahoo Finance UK

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Avoiding cheap UK shares in favour of gold and Bitcoin may seem to be a logical approach for any investor seeking to make a million. Gold and Bitcoin have risen significantly over recent months, while indexes such as the FTSE 100 and FTSE 250 have lagged their performances.

However, the track record of the stock market suggests a long-term recovery is very likely. Therefore, buying undervalued stocks today and holding them over the coming years may substantially increase your chances of becoming an ISA millionaire.

With that in mind, here are two cheap UK shares that could be worth buying today due to their potential to produce high returns in the long run. They could increase your chances of building a 1m ISA.

While many UK shares have delivered disappointing performances of late, Imperial Brands (LSE: IMB) 57% share price fall over the past five years is relatively poor.

Despite this, the companys most recent results showed it continues to produce rising revenue. For example, its sales in the first half of the year increased by 2%, with a growing market share in tobacco products boosting its financial performance. Alongside cost reductions, this suggests the profit potential for the business could improve over the medium term.

Clearly, tobacco volumes are likely to come under further pressure as consumer trends change. Furthermore, asset impairments caused a severe decline in the companys profitability in its most recent update.

However, with Imperial having strong brands that offer pricing power, as well as scope to invest in next-generation products such as e-cigarettes, it could deliver a relatively robust financial performance in an uncertain economic period.

As with many UK shares, Imperial Brands has reduced its dividend. However, it continues to offer a relatively attractive dividend yield of 10%. As such, it may yet experience further challenges in the short run, but could deliver a relatively impressive total return in the long run.

The Morrisons (LSE: MRW) stock price has outperformed many UK shares over recent months. Its down 8% since the start of the year, which is ahead of the FTSE 100s 20% decline in 2020.

The companys most recent update highlighted the rise in demand since the start of the coronavirus pandemic. For example, in the first quarter, its like-for-like (LFL) sales increased by 5.7%. This trend may persist over the coming months especially with the popularity of online shopping likely to rise.

Morrisons has invested heavily in its online offering, which could position the business for long-term growth as the gradual shift from in-store to e-commerce continues. Its balance sheet strength suggests it has the financial position to maintain a high degree of investment in its online services. It should also help it overcome what could prove to be a period of higher costs as it adapts to a changing retail environment.

Therefore, now could be the right time to add the stock to a portfolio of UK shares. Over time, they could boost your chances of becoming an ISA millionaire.

The post Forget gold and Bitcoin. Id buy these 2 cheap UK shares today to become an ISA millionaire appeared first on The Motley Fool UK.

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Peter Stephens owns shares of Imperial Brands and Morrisons. The Motley Fool UK has recommended Imperial Brands. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Motley Fool UK 2020

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Forget gold and Bitcoin. I'd buy these 2 cheap UK shares today to become an ISA millionaire - Yahoo Finance UK

Forget the National Lottery and Bitcoin! I reckon shares are a better way to get rich – Yahoo Finance UK

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The growing number of ISA millionaires in the UK underlines the power of investing in shares to create wealth and get rich. Meanwhile, playing the National Lottery is hopeless as a wealth-generator for many, and dabbling with Bitcoin comes with massive risks.

Playing the National Lottery is a harmless bit of fun, but its no good as part of a plan to get rich. Why? Because the probability of winning a life-changing sum of money is vanishingly small.

According to the National Lottery website, the odds of getting six numbers right and winning the jackpot are one in 45,057,474. And the odds of getting five numbers plus the bonus ball are one in 7,509,579.

So maybe we should turn to Bitcoin and some of the other cryptocurrencies for our shot at making a million. I cant deny that some people have done extremely well from moves in the price of Bitcoin over the past few years.

Indeed, the first price ever recorded for Bitcoin was in October 2009 when a chap called Martti Malmi sold some for 0.09 US cents each. Peanuts, in other words. And the highest price ever recorded for a Bitcoin happened in December 2017 when it sold for $20,089. Thats loads of money when compared to the original price.

Today, the Bitcoin price is around $9,300, which is still many thousands of percent higher than its starting price. And, for me, thats one of the main problems. I see huge potential for the price to fall back down and limited opportunity for it to rise much from where it is now. Indeed, the spectacular rises of the past few years may never be repeated.

I reckon Bitcoin and the other cryptocurrencies are risky vehicles driven by nothing much other than speculation. So Id avoid them all and turn to shares and share-backed investments in a drive to create wealth. Indeed, over the long haul, studies have shown that shares on the stock market have outperformed all other major classes of asset. And I think thats a good starting point for any plan to get rich.

You can sidestep some of the risks involved with investing by avoiding speculative stocks and diversifying across several different shares. You could even invest using managed funds and trackers for a wider approach to diversification.

But if you focus on identifying good-quality underlying businesses and buy the shares at opportune moments when good value is on offer, you could do well over the long haul. Key to generating wealth is to compound your investments. So Id plough all my dividends and gains from selling shares back into more shares.

I reckon a carefully managed programme of investment in quality shares over a long period of time is a surer and better way to aim for wealth. So Id forget speculating on Bitcoin and playing the National Lottery.

The post Forget the National Lottery and Bitcoin! I reckon shares are a better way to get rich appeared first on The Motley Fool UK.

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Kevin Godbold has no position in any share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.

Motley Fool UK 2020

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Forget the National Lottery and Bitcoin! I reckon shares are a better way to get rich - Yahoo Finance UK

Cancel Cardano? You cant cancel Bitcoin Cancel culture rears its head in crypto-community – AMBCrypto English

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Cancel Culture A term that has been doing the rounds lately after the open letter by Harpers, one signed by the likes of Noam Chomsky, Margaret Atwood, Salman Rushdie, and J.K Rowling went viral. At its simplest, it refers to the withdrawal of popular support after a public figure or entity says or does something that people believe is objectionable or condemnable. The crypto-community isnt immune from cancel culture either, with the issue emerging recently after IOHKs Charles Hoskinson took issue with a tweet.

The tweet in question referred to the viral video of Chinese farmers being advertised Cardano, the markets seventh-largest cryptocurrency and one of its best performers this year. Now, Charles Hoskinson was quick to respond to the same, stating These events have nothing to do with ADA or its recent appreciation. Going on to say that they are illegal, Hoskinson said that the event had no affiliation with anyone in the Cardano ecosystem.

Should be case closed, right? Wrong, because soon after, the author of the tweet, Hashkey Hubs Mo Li, received some form of a cease and desist letter from IOHKs representatives.

Strong-arming or cause for action?

The reactions to this episode are worth covering because it once again sheds light on the faultlines that divide the crypto-community. Check out Hoskinson and Cardanos response to Mo Lis tweets, and then check out the reactions to Lis response. The backlash Cardano is getting, for actions that may or may not have been justified, is staggering, with Cancel Cardano doing the rounds too.

Cancel Cardano

Herein lies the tragedy of entities operating in the cryptocurrency market.

Bitcoin, and by extension the cryptocurrency ecosystem, was built on the solid foundations of Libertarianism, an ideology that champions the idea of free speech and expression. The concept of cryptocurrencies enshrined these very ideas, which is why even today, Bitcoin is governed by an open-source MIT license that allows anyone to use, share, and modify the software at no additional cost.

The actions of IOHK, on the face of it, seem to be contrary to those ideals. In fact, the episode shares striking similarities with mainstream cases where big corporations and firms have strong-armed people into taking back an opposing comment or a claim.

By that idealistic yardstick, Hoskinson should have just let this one go after stating categorically that IOHK and the Foundation had nothing to do with the aforementioned event. However, playing devils advocate, is that as easy as it sounds? The cryptocurrency market has for long struggled to maintain its mainstream image as a serious industry, despite its history being plagued by hundreds of scams and hacks and thefts.

Entities like the IOHK and Cardano have played a crucial role in rehabilitating the industrys image. Why then wouldnt they forcefully respond to a tweet which, in all honesty, may have falsely alluded to something sinister, despite its author claiming otherwise? Would they take a chance with the reputational risk such a tweet may carry for itself and the wider market?

Cancel everything.. except Bitcoin

There are arguments to be made for both sides here, but thats not the point. The point is that a lot of the same people who were indignant about Cardano supposedly strong-arming a digital asset management firm exec by citing sacrosanct principles of free speech are the same ones to call for canceling Cardano. While many altcoins continue to face questions over their supposed utility and existence, most people are happy to share memes that say You cant cancel Bitcoin.

Cancel culture isnt something I condone. But, ideally, it should only come into play for the right reasons. As the IOHK episode reveals, that isnt the case universally as right within the crypto-community, it is being used to further divides between coins and proponents in a vicious exercise of crypto-tribalism.

Look no further than how the community reacted to Vitalik Buterins misguided attempt at using World War II analogies to explain Ethereums position in the market. While Buterin should have been skewered on the stake of public opinion for his tasteless analogies, he was instead bombarded by maximalists who just wanted to argue for arguments sake, while propping up Tron as a supposed competitor.

Now, look at the case of Brave browser, a privacy-centered platform that was recently alleged to have harassed an open-source contributor who worked on a competitors platform. Hardly any outrage accompanied those allegations. You know why? Because while most of the community holds the idea of privacy near and dear, there is no tribalistic clique around it, and by extension, around projects like Brave.

Cancel culture is not the solution to any problem. In fact, according to research, such a solution may do more harm than good since it breeds a private echo chamber where views and opinions are used for confirmation bias and group-think, rather than introspection and evaluation.

A free exchange of thoughts and ideas, even when they are problematic and tasteless, is at the core of what cryptocurrencies are supposed to be. Calling for canceling that crypto or that public figure, that kind of behavior isnt what the community should be about.

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Cancel Cardano? You cant cancel Bitcoin Cancel culture rears its head in crypto-community - AMBCrypto English

Mrida makes the Travel + Leisure top 25 best cities in the world to travel – The Yucatan Times

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Mrida appears in the 24th place in a select list of the 25 best cities in the world to travel, which is produced each year, with the help of its readers, by the Travel + Leisure specialized magazine.

These are the Travel + Leisure Worlds Best Awards 2020, which in its 25th edition recognized Oaxaca in the first place, a city that also obtained the distinction as Mexico Top City.

According to the newspaper El Universal, the federal Secretary of Tourism, Miguel Torruco Marqus, said that Mexico is the only country with four cities within the top 25, and he sent his congratulations to Oaxaca and San Miguel de Allende, Guanajuato (first and second place respectively); Mexico City (eleventh place) and Mrida, Yucatn (twenty-fourth).

This list is obtained thanks to the travel opinions of the readers of this specialized publication based in New York City, which is dedicated to giving advice and tips on destinations around the world and has also delivered these awards for the last 25 years.

The governor of Oaxaca, Alejandro Murat Casab, assured that the official announcement is expected this Wednesday, July 15, after 5 p.m., and on that day, Oaxaca will officially receive the Worlds Best City to Travel in the World Award by Travel + Leisure.

Since 2017, Oaxaca has been listed each year among the best 15 cities on the planet and in the top five best cities in Mexico, according to this publication with a global presence.

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Mrida makes the Travel + Leisure top 25 best cities in the world to travel - The Yucatan Times

Oaxaca, Mexico, Is No. 1 City Overall in 25th Annual Travel + Leisure World’s Best Awards – PRNewswire

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TRAVEL + LEISURE WORLD'S BEST AWARDS 2020 WINNERS OVERALL

WORLD'S BEST CITY

Oaxaca, Mexico

WORLD'S BEST HOTEL

Capella Ubud, Bali, Indonesia

WORLD'S BEST HOTEL BRAND

The Leela Palaces, Hotels and Resorts

WORLD'S BEST ISLAND

Palawan, Philippines

WORLD'S BEST MEGA-SHIP OCEAN CRUISE LINE

Disney Cruise Line

WORLD'S BEST LARGE-SHIP OCEAN CRUISE LINE

Viking

WORLD'S BEST MIDSIZE-SHIP OCEAN CRUISE LINE

Seabourn

WORLD'S BEST SMALL-SHIP OCEAN CRUISE LINE

Quasar Expeditions

WORLD'S BEST RIVER CRUISE LINE

Crystal River Cruises

WORLD'S BEST INTERNATIONAL AIRLINE

Singapore Airlines

WORLD'S BEST DOMESTIC AIRLINE

JetBlue Airways

WORLD'S BEST INTERNATIONAL AIRPORT

Singapore Changi Airport, Singapore

WORLD'S BEST DOMESTIC AIRPORT

Indianapolis International Airport, Illinois

WORLD'S BEST SAFARI OUTFITTER

Rothschild Safaris

WORLD'S BEST TOUR OPERATOR

Ker & Downey

WORLD'S BEST CAR-RENTAL COMPANY

National Car Rental

WORLD'S BEST INTERNATIONAL DESTINATION SPA

Rancho La Puerta, Tecate, Mexico

WORLD'S BEST DOMESTIC DESTINATION SPA

Pearl Laguna, Laguna Beach, California

TRAVEL + LEISURE WORLD'S BEST HOTEL 2020 WINNERS, BY REGION

CONTINENTAL U.S. OVERALL

BEST CITY HOTEL

The Mark, New York, New York

BEST RESORT HOTEL

Lodge & Spa at Brush Creek Ranch, Saratoga, Wyoming

U.S. (BY REGION)

BEST RESORT HOTEL IN THE NORTHEAST

Rabbit Hill Inn, Lower Waterford, Vermont

BEST RESORT HOTEL IN THE SOUTH

Fearrington House Inn, Pittsboro, North Carolina

BEST RESORT HOTEL IN THE MIDWEST

Deer Path Inn, Lake Forest, Illinois

BEST RESORT HOTEL IN THE WEST

Lodge & Spa at Brush Creek Ranch, Saratoga, Wyoming

BEST RESORT HOTEL IN CALIFORNIA

North Block Hotel, Yountville

BEST RESORT HOTEL IN FLORIDA

Sunset Key Cottages, Key West

BEST RESORT HOTEL IN GREATER MIAMI BEACH

Kimpton Angler's Hotel South Beach

BEST HOTEL IN NEW YORK CITY

The Mark

BEST HOTEL IN GREATER LOS ANGELES

Santa Monica Proper Hotel

BEST HOTEL IN CHICAGO

The Peninsula

BEST HOTEL IN WASHINGTON, D.C.

The Hay-Adams

BEST HOTEL IN CHARLESTON

Wentworth Mansion

BEST RESORT HOTEL IN HAWAII

Halepuna Waikiki by Halekulani, Waikiki

BEST HOTEL IN LAS VEGAS

Wynn

CANADA

BEST CITY HOTEL

Loden Hotel, Vancouver

BEST RESORT HOTEL

Fogo Island Inn, Newfoundland

THE CARIBBEAN, BERMUDA & THE BAHAMAS

BEST RESORT HOTEL

Secret Bay, Dominica

MEXICO

BEST CITY HOTEL

Hotel Amparo, San Miguel de Allende

BEST RESORT HOTEL

Cala de Mar Resort & Spa, Ixtapa

CENTRAL & SOUTH AMERICA

BEST CITY HOTEL

Casa Gangotena, Quito, Ecuador

CENTRAL AMERICA

BEST RESORT HOTEL

Gardens, Arenal Volcano National Park, Costa Rica

SOUTH AMERICA

BEST RESORT HOTEL

Awasi Patagonia, Torres del Paine, Chile

EUROPE (OVERALL)

BEST CITY HOTEL

Raffles, Istanbul, Turkey

BEST RESORT HOTEL

Canaves Oia Epitome, Santorini, Greece

EUROPE (BY REGION)

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Oaxaca, Mexico, Is No. 1 City Overall in 25th Annual Travel + Leisure World's Best Awards - PRNewswire

How the world’s busiest airport will use technology for post-Covid travel – IOL

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By Tracy Rucinski 12h ago

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With COVID-19 ravaging the aviation industry, airlines and airports worldwide are reining in costs and halting new spending, except in one area: reassuring pandemic-wary passengers about travel.

"Whatever the new normal (...) it's going to be more and more around self-service," Sean Donohue, chief executive of Dallas-Forth Worth International Airport (DFW), told Reuters in an interview.

The airport is working with American Airlines - whose home base is DFW - to roll out a self-check-in for luggage, and all of its restrooms will be entirely touchless by the end of July with technology developed by Infax Inc. They will have hands-free sinks, soap, flushing toilets, and paper towel dispensers, which will be equipped with sensors to alert workers when supplies are low.

"One of the biggest complaints airports receive are restrooms," Donohue said.

Dallas is piloting three technology options for luggage check-ins: Amadeus's ICM, SITA, and Materna IPS.

DFW has become the world's busiest airport, according to figures from travel analytics firm Cirium, thanks in part to a strategy by large global carrier American to concentrate much of its pandemic flying through its Texas hub.

Last year DFW rolled out biometric boarding -- where your face is your boarding pass -- for international flights and is taking advantage of the lull in international traffic to work with U.S. Customs and Border Protection to use the VeriScan technology for arriving passengers too, he said.

Delta Air Lines opened the first U.S. biometric terminal in Atlanta in 2018, and some airports in Europe and Asia also use facial recognition technology. It has spurred some concerns, however, with a U.S. government study finding racial bias in the technology and the European Union earlier this year considered banning it in public places over privacy concerns.

The Dallas airport is also testing new technology around better sanitization, beginning with ultraviolet technology that can kill germs before they circulate into the HVAC system.

But it has also deployed electrostatic foggers and hired a "hit team" of 150 people who are going through the terminals physically sanitizing high-touch areas.

"Technology is critical because it can be very efficient," Donohue said, but customers "being able to visualize what's happening is reassuring as well."

DFW has invested millions of dollars above its cleaning and sanitation budget since the pandemic broke out, while suspending about $100 million of capital programs and reducing its second-half operating costs by about 20% as it addresses COVID-19's steep hit to the industry, which only months ago was preparing for growth.

Nearly 114,000 customers went through DFW on July 11, an improvement from a 10,000 per day trough in April, but still just about half of last year's volumes.

The airport has also been testing touchless technology for employee temperature checks, but is not currently planning hotly-debated checks for passengers, barring a federal mandate for which there has yet to be any inclination by the U.S. government.

Michael Davies, who runs the New Technology Ventures program at London Business School, said technology will be one of many changes to the airport experience going forward, with fewer overall travelers who will be seeking more space and spending less time dining and shopping.

"You put these things together and this feels in some interesting ways very much like back to the golden age of air travel," said Davies.

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How the world's busiest airport will use technology for post-Covid travel - IOL

Future of hospitality in a world changed by COVID-19 – Moneycontrol

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Rajiv Gupta

The COVID-19 global pandemic and ensuing lockdown has severely impacted the hospitality sector. In 2019, the tourism industry contributed around 9 percent of Indias GDP and generated 87.5 million jobs which is about 12.75 percent of total employment of 2018-19, according to the World Travel and Tourism Council (WTTC).

The global economy is going through the deepest recession in decades.

WTTC estimates revenue losses of up to USD 2.7 trillion with 100 million jobs at risk globally. In India, the next one year is going to be the most difficult for the travel and tourism industry with estimated revenue and job losses at $17 billion and 40 million (both direct and indirect) respectively.

Indias hospitality sector is facing its biggest crisis ever. Revenue per available room (RevPAR), one of the key performance indicators for the hospitality industry, has seen a drop of 18.5% in Q1 2020 over the same period last year.

May 2020 experienced an occupancy decline of 77% over the same time last year. As per estimates, occupancy for branded hotels in 2020 is set to decline by about 20% over 2019 and average daily rate (ADR) by more than 8%.

The combined impact of occupancy and ADR would reflect on RevPAR which is expected to decline by more than 30% over 2019. The other segments of revenue for hotels like food and beverages, banquets, spas would also see a significant decline over 2019.

Steep decline in total revenue added up with fixed operating expenses and debt servicing have added to the woes of the hospitality sector. The magnitude of the impact is far reaching and devastating with layoffs job losses and pay cuts becoming a new normal.

The coming months would also witness mounting credit distress for several hospitality companies resulting in a possibility of bankruptcy. The outstanding loans attached to hotel real estate are estimated at Rs. 50,000 crores, according to Hotelivate.

Weak business outlook and high fixed operating costs pose a serious challenge for servicing of loans. Defaults and loans turning bad is to be expected.

Covid-19 Unlock 1 allowed opening up of hotels outside the containment zones from June 8 with strict safety guidelines and standard operating procedures (SOPs) which was a relief after 75 days of lockdown. However, in this era, hospitality sector version 2.0 is going to be very different with the new normal being social distancing, minimal physical contact, wearing of masks, face cover and PPE kit and high level of hand hygiene.

International tourism and business travel would be a thing of the past till the time coronavirus is eradicated globally. Hospitality industry would have a high dependency on the domestic market and need to win customers confidence and assurance with hotels safety and hygiene standards.

Hotels need to make higher usage of technology to enable contactless servicing of customers. Contactless check-in like mobile app-based self-check-in and check-out is set to become a norm. At restaurants, a digital menu based on a QR code will be acceptable. Takeaways and home deliveries will be the way for survival of the food & beverage business. Innovation and digitalisation will be imperative for businesses to function.

Reduced operational capacity and increased operating costs due to heightened safety and hygiene standards are some of the challenges forthcoming for hotels reopening post lockdown. For example, in Maharashtra hotels are allowed to operate at 33% capacity subject to adherence of social distancing and hygiene guidelines.

The hospitality sector is restarting with a very advanced level of hygiene standards, infectious disease prevention programmes and care. All this would (perhaps) reassure the guests about their safety and well-being.

Companies would be required to do write downs in business during the current fiscal. Impairment provisions need to be created which would reduce profits drastically.

Hotel owners should get some relief on debt servicing due to moratorium extended till August 31 and relaxation in the Insolvency and Bankruptcy Code (IBC) provisions. RBI is expected to come out with relief measures including loan restructuring for stressed sectors like tourism and hospitality to ease down the lockdown pain.

Besides hotels would get opportunity for restructuring of operating costs. For example, reduction in consumption of heat, light, power and control of food wastages would be the norm. Sensible usage of technology for reduction of overhead expenses and rationalizing of payroll costs too would be expected.

Postponing non-essential IT and capex expenses would have a positive impact on cash flow. Cash reserves, deferred payment plans for creditors and spending need to be cautiously monitored to avoid fresh working capital infusion.

The hospitality sector will need to adapt new strategies for a strong comeback because the road ahead looks bumpy with restricted demand for all revenue segments.

Hotels should also continue to serve as Covid-19 quarantine facilities as this would be a steady new revenue segment. It may take 12-24 months for the hospitality sector to return to 2019 RevPAR levels. At this crucial juncture one cannot ignore the importance of critical success factors activities that a business must do to survive to fight another day.

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Future of hospitality in a world changed by COVID-19 - Moneycontrol

The absolute report will add the study for Impact of COVID-19 in Cultural Tourism Global Industry – 3rd Watch News

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A fresh specialized intelligence report published by KandJ Market Research with the title Global Cultural Tourism Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread) has the ability to help the decision-makers in the most important market in the world that has played a significantly important role in making a progressive impact on the global economy. The Global Cultural Tourism Market Report presents and showcases a vital vision of the global scenario in terms of market size, market potentials, and competitive environment. The study is derivative from primary and secondary statistical data and consists of qualitative and quantitative analysis of the industry and key players.

The latest report includes the Impact of Coronavirus on the Cultural Tourism Industry, which includes on Industry Upstream, Industry Downstream, Industry Channels, Industry Competition, and finally on Industry Employment.

The Final Report Will Include the Impact of COVID 19 Analyses in This Cultural Tourism Industry. For Sample Report & Graphs & Charts @: https://www.kandjmarketresearch.com/sample-request/344661

The global Cultural Tourism market is showing promising signs that can be explored well in the coming days to achieve a notable valuation by the end of 2026. The process would also witness a growth by % CAGR in between 2020 and 2026. The report is expected to consider the time-frame as the forecast period and it would deal with the market accordingly. Growth-inducing factors have been monitored closely in the report to gauge well the progress of the market. Each factor can play a significant role and has been given proper space on the basis of which the market can devise strategies. It has tracked various associated fields as well to get a proper map of how these end user industries are impacting the market and can take the market forward. The report has credibility as it banks on the expertise of adept researchers who fetch numbers from a pool of information and sieve them as per the requirement. In the process, they have gone through the market by having it analysed on top-down and bottom-up basis.

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Key players in the global Cultural Tourism market covered in Chapter 4:

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In Chapter 12 and 13.4, on the basis of applications, the Cultural Tourism market from 2015 to 2026 covers:-

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2026) of the following regions are covered in Chapter 5, 6, 7, 8, 9, 10, 13:-

The Final Report Will Include the Impact of COVID 19 Analyses in This Cultural Tourism Industry.

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The segmentation plays a prominent role in dealing with the growth of the Cultural Tourism market where various types and applications are promoting better understanding of the market. This segmentation has a strong foundation in volume-wise and value-wise data which backs the process of understanding the market scenario with numbers. The market has been combed through properly to get all the factors in line. The report has been enriched interviews as a first hand method of getting data. These interviews include chats with top market players, market analysts, distributors, people in the field of research and development and others owing to which the reliability of the report has increased significantly.

Regional market analysis of the report has backed the study of different regions as an attempt to understand growth pockets that can be beneficial for the market. The regional analysis has import, export, and other processes covered. Players who are getting involved in the market for a better growth are looking for these growth pockets to capitalize on the opportunities provided and find new scopes for growth. Certain countries have been tracked in detail to monitor them closely as they can be major markets in the coming years. Benefits like better infrastructure, cost-effective labor, access to raw materials, they offer have become luring factors for many market players and they want to expand their business to these regions to increase their profit margin.

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The absolute report will add the study for Impact of COVID-19 in Cultural Tourism Global Industry - 3rd Watch News

WTTC to host Global Science Summit on Covid-19 – Breaking Travel News

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The World Travel & Tourism Council will host a new event to examine the scientific evidence that can be used to inform practical solutions for mitigating and living with Covid-19.

Hosted in partnership with Carnival Corporation, the event will take place on July 23rd.

Taking place from 14:00-17:30 GMT, the event is open to the public and will share the latest scientific knowledge and evidence-based best practices related to prevention, detection, treatment and mitigation of the virus.

It is the latest initiative to continue building global understanding concerning Covid-19s impact on society, including travel and tourism.

The summit will consider practices from the leading scientists and health experts for mitigating the spread of the virus.

It will bring together a robust line-up of world renowned medical, epidemiology and public health experts to explore and share the latest best practice on the science of Covid-19 and how best to address the many practical questions people have about the disease.

Speakers and panellists represent a diverse range of science, research, clinical, academic, policy and business backgrounds, including amongst others, members of Scientists to Stop Covid-19, who have volunteered to participate.

Gloria Guevara, WTTC chief executive, said: I was excited when Arnold, on behalf of Carnival Corporation, approached me with this idea.

This event will be a powerful platform for harnessing the best thinking from across all fields of knowledge in the public and private sectors.

The science of this virus is rapidly evolving, and these real-time insights will be invaluable in helping us determine evidence-based protection and mitigation measures to combat Covid-19.

They will also help drive global alignment and collaboration on the frontiers of science and policy, which is critical to the survival of this important sector.

More Information

To register for the summit, head over to the official website.

Participants will be invited to submit questions in advance and during the online event.

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WTTC to host Global Science Summit on Covid-19 - Breaking Travel News

PlayChange Arrives in Bavaria to Tackle Gambling Addiction – GamblingNews.com

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In a bid to begin reducing the numbers of problem gamblers in Bavaria, the state is launching a new help line app, PlayChange, to tackle the issue.

The Bavarian State Office for Gambling Addiction will launch a new platform dedicated to reducing gambling harm in the state. PlayChange will offer support to individuals who may be at-risk or already experience gambling addiction and are coping with gambling-related harm.

The platform has been set up with the Ministry of Health and Social Care with the help of the State Office for Gambling Addiction (LSG), and the solution is scheduled to go live on July 15. According to Health Minister Melanie Huml, PlayChange will allow people who are affected by gambling addiction to seek counseling services and help without fear of reprimand or stigma. Here is Ms. Humls statement cited by iGaming Business:

Those affected can get help quickly, easily, and above all, anonymously on PlayChange. This is an excellent addition to our existing counselling services and a big step forward in addiction counselling, which we offer to citizens in the Free State of Bavaria.

The service will have a non-invasive registration process, allowing citizens to register and set up a counselor visit anonymously via email. Vulnerable and addicted players will be able to have telephone appointments and generally have an easier time finding help to battle with an issue that Ms Huml and the Ministry of Health find serious. All services will be offered remotely.

Ms. Huml cited the novel coronavirus pandemic and argued that the remote mode of operating the help line was a good way to begin offering vulnerable people and addicts a way out of their issue without breaking social distancing rules or endangering the health of either party.

PlayChange will run under the control of LSG and will operate a budget estimated at $40,000 annually. PlayChange is a standalone app that can be downloaded for a mobile or desktop device, making access to the solution easier.

The introduction of PlayChange is an attempt to stem the tide of the growing number of gambling addicts in the State of Bavaria. Estimated 70,000 people have shown signs of problematic gambling behavior according to various surveys conducted between 2011 and 2017.

Some 33,000 of the people observed are qualified as problematic in the surveys, as they already show signs of gambling addiction. While the LSG has been around since 2008, this is one of the most significant moves to scale up the coverage and help reach out to problem gamblers who may be too embarrassed to attend in person.

Already, the institution provides treatment at 70 points across the state and in 22 specialist centers. The Ministry of Health has also been pleased with LSGs work, vowing 8.7 million for the period between 2020 and 2023.

Meanwhile, Germany continues to report an increase in the overall gambling revenue, with the amount total expected to reach 3.3 billion by the end of 2024, as previously reported.

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GOLFICITY BETS: The 2020 Memorial Tournament Gambling Guide – Golficity

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Memorial Tournament Tournament Preview

If the conclusion of the Workday Charity Open at Muirfield Village was a mere aperitif for what is to come at this weeks Memorial Tournament, we should be in for a mouth-watering event indeed!

Collin Morikawa served up another glimpse at his outrageous talent, and when he learns how to putt properly he will find himself among the sports elite.

Embed from Getty Images

Mind you, there were some outrageous putts landed towards the business end of the Workday, and none more so on the first play-off hole against Thomas the latter drained a 50-footer to put the pressure on Morikawa, who responded with a 24-footer of his own.

In the end, it was Morikawa who held his nerve to clinch a second of what is likely to be many PGA Tour titles to come.

We got a good look at Muirfield Village last week, and all of the rumors suggest that event organizers want to beef up the challenge somewhat this time around.

So were anticipating some changes, such as thicker, tangly rough that will not be trampled down of course, and then were expecting quicker greens and run-off areas shaved to within an inch of their lives.

Of course, the weather may play havoc with that ideal. There is some rain and thunderstorms in the forecast, and so if the rain falls in any great quantity then that will slow the surfaces we could be looking at another iron-and-putt contest if that is the case.

Anyone that saw Jack Nicklaus play this incredible sport knows he was a ball-striking machine, and that skillset has been introduced into his own golf course design too. Hitting the ball in a straight line is key at Muirfield Village!

But again, to confirm, it is the weather that could have a huge bearing on how this track plays this week. Are we looking at a razor-sharp test of all-round golf, or will this be a soft test in which hitting your approaches close to the pin is key?

On Sunday, Patrick Cantlay showed why he is a former champion at Muirfield Village.

He delivered a sublime 65 only Jon Rahm bettered that on the day, and once again showed the sort of suitability for the test that saw him lift this trophy 12 months ago.

Embed from Getty ImagesCantlays top-10 in the Workday was a really nice sighter for the challenge ahead, and continues his fine form that has yielded two top-10s and a pair of T11s within his last five starts.

He has all-round ability with no weaknesses in any department, and that will probably be the order of the day this week over a player who is strong in one area but lacking in others.

A man reborn after changing his driver, Gary Woodland found a bit of something last week.

His top-five at Muirfield was franked by a huge improvement off the tee, with the US Open gaining +0.85 strokes gained in this department with the Wilson driver that took him to that major title.

Woodlands putting stroke looked really smooth too, and all told he looks ready to contend for silverware again.

He got a good look at the layout last week, and hell be looking to improve on that T5 this time around.

With form as our guide, Abraham Ancer is playing the golf of his life right now and is looking good in all areas of his game.

There are doubts about his mettle in contention particularly when he will have some heavyweights chasing him down in this field, and so a top-10 wager is possibly the smart move as far as the Mexican is concerned right now.

Embed from Getty Images

Ancer has been recording some outstanding tee-to-green stats of late, and he is a solid putter on any given day so thats a winning combination that could fly at Muirfield.

Having finished no lower than T14 in his last three starts, Ancer will be looking to really cash in this week.

In the top-20 market we can pin our hopes on tee-to-green specialists who can, very occasionally, get hot with the putter.

Of late, Lucas Glover is a player that has been trending in that direction, and he actually putted well on the Bentgrass/Poa of TPC River Highlands a few weeks ago a rarity indeed!

Glovers game is based on precision off the tee and on approach, and improvements in those areas have led to four consecutive top-25 finishes since the seasons restart bizarrely, hes only banked one wager in the top-20 market, however.

If the rain comes and slows the greens, you would expect Glover to go along very nicely.

Heres a very interesting matchup indeed Bryson DeChambeau taking on Justin Thomas.

Will Bryson throw the kitchen sink off the tee? Remember, he has won at Muirfield before, but back in 2018 he was playing VERY different golf to what he is displaying at the moment.

Embed from Getty Images

We dont expect Justin Thomas to suffer a hangover following his play-off loss last week, and hes experienced enough now to take the knock and learn from it.

Based on course fit with regards to Bryson 2.0 were inclined to suggest JT is the play here.

Unsurprisingly, Tiger Woods is a serial winner at Muirfield Village.

But its been three months since he hit a competitive ball in anger, and while he looked in reasonable touch in The Match against Phil Mickelson, thats a world away from 72 holes against the best players in the world.

Sorry Big Cat; not this week. But well be keeping a close eye on you nonetheless.

Cover Image via Instagram

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GOLFICITY BETS: The 2020 Memorial Tournament Gambling Guide - Golficity

Bill allowing deduction of gambling losses dies – Cherokee Phoenix

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BYD. SEAN ROWLEY Senior Reporter

07/12/2020 02:00 PM

House Bill 2667, authored by State Rep. Kevin Wallace, R-Wellston, would have allowed the exclusion of gambling losses under Oklahomas $17,000 cap on itemized deductions.

During the 2019 session, the bill passed the House by a 83-16 vote, with the yeas including area legislators Matt Meredith, D-Tahlequah; Chris Sneed, R-Muskogee; and David Hardin, R-Stilwell. State law already allows the omission of charitable contributions and medical expenses when itemizing.

The measure then emerged from the Senate Finance Committee on April 2 with a unanimous recommendation of Do Pass, but with its enacting and emergency clauses stricken.

HB 2667 hurdled the Senate by a 32-12 vote, but conversely, none of the area senators supported the bill. Republicans Kim David, of Porter; Wayne Shaw, of Grove; and Dewayne Pemberton, of Muskogee, all voted nay. The Senates changes were rejected by the House, sending the measure to a conference committee from which it never emerged.

We never heard it or saw it on the Senate side, said Pemberton. It may be able to come back next year in another form, but this year it is dead.

Because of the COVID-19 pandemic, the legislative session focused on the most pressing business.

We didnt get to hardly anything, Pemberton said. We got through the committee work, and had switched bills between the houses, and then after the next couple of days we had the outbreak. One senator got the virus, and they sent us home. There was a lot of conferencing over the internet, but as far as running bills we didnt do anything like that for the next six weeks. We got back to work on mostly health related bills, the things we absolutely we had to deal with. We did the basics, got the budget done and got out of there as quickly as we could.

Pemberton added that there was no legislation passed that directly dealt with or affected Oklahomas tribal governments, saying lawmakers only did what we had to do.

It was a strange session, to be honest, he said. We only passed 175 bills, and in a normal session we pass 450 or 500. A lot of good bills were left on the table I had two or three that were under consideration but we didnt have time to address them.

While HB 2667 is technically dead, Pemberton said bills can often cheat termination.

According to the rules, it is dead, he said. But we discussed the idea that due to COVID-19 we might possibly change the rules next year and consider some bills from this session. Nothing is ever truly dead in the state Legislature.

Some criticism was directed at HB 2667 because the Oklahoma Tax Commission projected its passage could result in a total revenue loss of $17.8 million.

Taxpayer itemized deductions were capped at $17,000 per year by HB 1011xx of 2018 the measure that obtained revenue for the states teacher raises. The bill also got funding from a $1 tax per pack of cigarettes, an increase in the gross production tax on new oil and gas wells from 2 percent to 5 percent, and an added 3-cent gasoline tax and 6-cent diesel tax per gallon.

The Cherokee Nation never publicly announced any official stance on HB 2667.

david-rowley@cherokee.org 918-453-5560

Sean Rowley was hired by the Cherokee Phoenix at the beginning of 2019. Sean was born a long time ago in Tulsa, where he grew up and attended Booker T. Washington High School as a freshman before moving to Pawnee County and graduating from Cleveland High School in 1987. He graduated sans honors from Northeastern State University in 1992 with a bachelor of arts in mass communication with emphases in advertising and public relati ...

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Bill allowing deduction of gambling losses dies - Cherokee Phoenix

Is Iran Really Winning the War With Unauthorized Online Gambling sites? – Tunf.com News

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It was a valiant effort against recalcitrant online gambling sites and maybe Iran really is winning the war.

The unauthorized sites increase cybercrime, according to top cybercop GeneralVahid Majid, and it is growing year by year.

Gambling in any form is strictly illegal in the Islamic Republic of Iran, with the authorities even targeting state televisions version oftheWho Wants To Be A Millionairegame show.

The FATA cyber police unit was formed in 2011 and has since been hot on the sites trail. Majid made the comments at a recent press conference to warn the public that promoting online gambling on social media or digital channels would have repercussions.

Majic said that FATA targeted 6,157 sites and 730 websites engaged in such activities, resulting in 2,884 judicial actions. Clearly it has been on track. In October of 2019, pre-pandemic, Majid was celebrating the disruption of61 online gambling sites.

Early this year, the FATA chief in Hamadan province warned the public that:

Anyone who wants to bet on cyberspace is guilty according to the law and will be dealt with.

It is a long prison for errant Iranian nationals (up to six months) as well as 74 lashes if caught in illegal gambling.

Gambling operators can face up to two years or longer for repeat offenders

The bulk of Iran-facing gambling operations are conducted from outside the country to avoid such punishment.

The primary base of operations for betting sites is said to be Turkey using aa stable of Farsi-speaking Instagram influencers and some popular hip-hop artists to pitch the best online action.

Thankfully, these sites have no direct access to Irans banking system, so customers have to deal with third-parties to convert Iranian tomans into digital currency.

Source: https://calvinayre.com/2020/07/09/business/iran-claims-victory-war-online-gambling-sites/

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Is Iran Really Winning the War With Unauthorized Online Gambling sites? - Tunf.com News

Online Gambling Market Incredible Possibilities, Growth with Industry Study, Detailed Analysis and Forecast To 2026| William Hill, Unibet, 888,…

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The Online Gambling Market Report reveals a blueprint of the competitive market scene which will help new vendors to get an idea of the potential hazards that the current players are facing. It also examines the profiles of prominent market players and gives an insight into the development strategies adopted by them.

Online gambling is playing risk-based games over the internet in the hopes of winning more than you lose from them. This can include things like slot machines, table games or video poker.

With the complete market data concerning the fundamental segments and areas of the Global Online Gambling Market and factors affecting its advancement prospects, the report makes for a significantly informative record. It can effectively help associations and entrepreneurs in tending to these troubles and to pick up the most favourable coping strategies in the exceedingly aggressive market.

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The online gambling market report provides company market size, share analysis in order to give a broader overview of the key players in the market. Additionally, the report also includes key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, product and regional expansion of major participants involved in the market on the global and regional basis.

Online Gambling Market segment by Region/Country including:

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Spain etc.)

Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

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Global Online Gambling Market Research Report 2020-2027

Chapter 1: Online Gambling Market Overview

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Chapter 6: Global Production, Revenue (Value), Price Trend by Type

Chapter 7: Global Market Analysis by Application

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Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers

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Chapter 11: Online Gambling Market Effect Factors Analysis

Chapter 12: Global Online Gambling Market Forecast

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Gambling Mobile Games Market Size By Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies And Forecast Up To 2026 – 3rd…

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New Jersey, United States,- Latest update on Gambling Mobile Games Market Analysis report published with extensive market research, Gambling Mobile Games Market growth analysis, and forecast by 2026. this report is highly predictive as it holds the overall market analysis of topmost companies into the Gambling Mobile Games industry. With the classified Gambling Mobile Games market research based on various growing regions, this report provides leading players portfolio along with sales, growth, market share, and so on.

The research report of the Gambling Mobile Games market is predicted to accrue a significant remuneration portfolio by the end of the predicted time period. It includes parameters with respect to the Gambling Mobile Games market dynamics incorporating varied driving forces affecting the commercialization graph of this business vertical and risks prevailing in the sphere. In addition, it also speaks about the Gambling Mobile Games Market growth opportunities in the industry.

Gambling Mobile Games Market Report covers the manufacturers data, including shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including Gambling Mobile Games market size, volume and value, as well as price data.

Gambling Mobile Games Market competition by top Manufacturers:

Gambling Mobile Games Market Classification by Types:

Gambling Mobile Games Market Size by End-user Application:

Listing a few pointers from the report:

The objective of the Gambling Mobile Games Market Report:

Cataloging the competitive terrain of the Gambling Mobile Games market:

Unveiling the geographical penetration of the Gambling Mobile Games market:

The report of the Gambling Mobile Games market is an in-depth analysis of the business vertical projected to record a commendable annual growth rate over the estimated time period. It also comprises of a precise evaluation of the dynamics related to this marketplace. The purpose of the Gambling Mobile Games Market report is to provide important information related to the industry deliverables such as market size, valuation forecast, sales volume, etc.

Major Highlights from Table of contents are listed below for quick lookup into Gambling Mobile Games Market report

About Us:

Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations with the aim of delivering functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage, and more. These reports deliver an in-depth study of the market with industry analysis, the market value for regions and countries, and trends that are pertinent to the industry.

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Dramatic rise in visits to gambling parlours – Newsbook

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The number of visits by Maltese citizens to village gambling parlours has increased steadily over the past four years, while the number of visits by foreign nationals has more than tripled over the same period.

Visitor figures were presented by Finance Minister Edward Scicluna in response to a parliamentary question by Opposition MP Hermann Schiavone.

The total number of visits to gambling parlours almost doubled between 2016 and 2019, from 432,177 to 799,420 visits.

While the increase in the number of Maltese visitors was considerable during the period from 338,635 to 460,852 the number of visits by foreign nationals rose dramatically, from just 93,542 to 338,568.

The figures supplied by Scicluna show that the number of visits to Maltese casinos also increased over the same period, albeit slightly, with the increase entirely attributable to foreign nationals.

Casinos welcomed 904,412 visitors in 2016, with the number reaching 940,766 last year. But the number of Maltese visitors is on a slight downward trend: casinos received 426,756 visits from Maltese nationals in 2016, with the number falling to 410,671 last year.

But the number of visits by foreign nationals increased every year, from 477,656 in 2016 to a peak of 530,096 last year.

Schiavone also asked Scicluna a related question on the economic impact of gambling a sector which also includes burgeoning online gambling activity with the minister revealing that its importance has been increasing.

The sectors gross value added output rose from 1.27 billion in 2017 to 1.56 billion last year.

The number of people employed by the sector also increased correspondingly, from 6,673 in 2017 to 7,417 full-time equivalent positions two years later. Maltese nationals only account for a minority of these employees, though their number correspondingly increased from 2,088 to 2,794.

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Dramatic rise in visits to gambling parlours - Newsbook

Gambling Software Market Size By Product Analysis, Application, End-Users, Regional Outlook, Competitive Strategies And Forecast Up To 2026 – 3rd…

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New Jersey, United States,- Latest update on Gambling Software Market Analysis report published with extensive market research, Gambling Software Market growth analysis, and forecast by 2026. this report is highly predictive as it holds the overall market analysis of topmost companies into the Gambling Software industry. With the classified Gambling Software market research based on various growing regions, this report provides leading players portfolio along with sales, growth, market share, and so on.

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Gambling Software Market Report covers the manufacturers data, including shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including Gambling Software market size, volume and value, as well as price data.

Gambling Software Market competition by top Manufacturers:

Gambling Software Market Classification by Types:

Gambling Software Market Size by End-user Application:

Listing a few pointers from the report:

The objective of the Gambling Software Market Report:

Cataloging the competitive terrain of the Gambling Software market:

Unveiling the geographical penetration of the Gambling Software market:

The report of the Gambling Software market is an in-depth analysis of the business vertical projected to record a commendable annual growth rate over the estimated time period. It also comprises of a precise evaluation of the dynamics related to this marketplace. The purpose of the Gambling Software Market report is to provide important information related to the industry deliverables such as market size, valuation forecast, sales volume, etc.

Major Highlights from Table of contents are listed below for quick lookup into Gambling Software Market report

About Us:

Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations with the aim of delivering functional expertise. We provide reports for all industries including Energy, Technology, Manufacturing and Construction, Chemicals and Materials, Food and Beverage, and more. These reports deliver an in-depth study of the market with industry analysis, the market value for regions and countries, and trends that are pertinent to the industry.

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Seven Types of Bets You Can Make In Poker – Poker News – CardPlayer.com

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As a beginner in the poker world, youd be forgiven for thinking that all the bets in poker are one and the same.

But theyre not!

In fact, there are as many types of bets in poker as there are many forms of the game itself. If you can understand and master how each of these betting types works, you can rest assured that youve just safeguarded your chances of winning against any poker opponent. But, of course, where will you find this information?

You might spend the whole day scouring the internet or skimming through books. Luckily for you, weve done the heavy lifting, and weve come up with this guide.Here you will find all the types of poker bets that are there. Read till the end, and make sure you know each one like the back of your hand before you proceed to a poker online site like omiqq to gamble your money.

Donk bet

Normally in poker, when someone sees that the guy in the pre-flop is playing aggressively, they let them continue to do so regardless of how good their own hand might be on the flop.

In contrast, a donk bettor does the opposite of this.

Donk betting in poker refers to a situation whereby a player bets into the raiser instead of checking to them. As the name might have hinted you, it is really not a smart type of betting. Although some pro players use it on specific occasions to counter aggressive opponents, donk betting is really not a safe way to play in the long-term.

Continuation bet (C-bet)

In poker, when a player raises before the flop, theyll almost always continue to represent a strong hand by betting on the flop as well. This is known as a continuation bet, and it is one of the most common types of bet in all of poker.

Continuation betting the flop after raising pre-flop is something that even inexperienced players do. This gives you a chance to put more pressure on your opponent and win the pot right then and there regardless of your particular hand strength. The main idea behind c-betting is that the other player is unlikely to have connected with the flop, so theyll often release their hand without any resistance.

Overbet

Properly sizing your bets in poker is very important as experienced players make their decisions based on pure mathematics. In general, you want to size your bets in relation to the pot, and, for the most part, you dont want to bet more chips than whats already in the middle.

Underbet

When youre trying to calculate the right size for your bet, you want to make it in relation to the size of the pot. Usually, betting something around half the pot is a good amount, as it gives you an opportunity to continue building the pot when you have a hand but also puts your opponent to a decision as to whether or not they want to continue.

Just like you usually dont want to bet huge, betting very small is also not a typical play. This is whats known as underbet, and it doesnt really achieve those two goals from the previous paragraph.

Three-bet (re-raise)

When one player raises and another player re-raises, this is known as a 3-bet. This can happen both pre-flop and on later streets. Usually, a 3-bet signals strength as the 3-betting player is coming over the top of the initial opener, showing theyre willing to commit more chips to the pot.

Value Bet

There are typically two reasons for betting in poker. Youre either betting to get your opponent to fold (bluffing), or youre betting because you have what you believe is the best hand and want them to call. The latter scenario describes whats known as a value bet.

Pot Bet

As mentioned in some of the previous poker bet types, your bets usually represent a certain percentage of the pot (be it 30%, 50%, or 70%, etc.). Sometimes, though, you might just want to bet the exact amount of chips that are in the middle. This is known as a pot bet or a pot-sized bet.

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Kami Hudson Finds Satisfaction In Poker, Happiness In Honduras – PocketFives

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When Las Vegas-based poker pro Kami Hudson decides to do something she tends to go full out.

From her morning meditation routine clearing her head, setting her intentions, and getting active to grinding online, Hudsons approach to all of her passions is one of positivity and going for it.

Im a big believer in positive thinking and in poker and in life I do my best to look on the bright side of things.

And theres been plenty to be positive about for Hudson, who plays on WSOP.com under the screen name Loco4coco, when it comes to her poker career. More specifically, her positivity helped her in her recent victory in the World Series of Poker $320 Online Circuit Season Finale NLHE event in which she took home her first career gold ring and a payday of over $50,000.

I was really excited to win a ring, Hudson said. As all MTT players know, it isnt easy to win a tournament, and all of the close calls can really start to wear on you.

Hudson had been tracking down a WSOP Circuit ring for years, making three final tables over the past three years in various WSOPC events. She also bubbled a WSOP final table in 2017, finishing in 10th place in a $1,500 event for over $23,000. But those close calls just encouraged her press forward.

Yes, Ive had a lot of close calls and have been close to winning several events, but instead of letting that get me down, I use it as motivation and look at it as a sign that I am growing, she said. I dont look at it as a failure but instead as improvement and that I must be doing a lot of things right to get so deep and close.

Hudson, who grew up in Oklahoma and earned her degree in Human Relations from the University of Oklahoma, has always found herself drawn to pursuits that lend themselves to success in the game.

As a kid growing up and throughout my entire life I have always been curious and inquisitive, into playing games, solving various kinds of puzzles, and super interested in studying people and the psychology behind everything I encounter, she said. Ive been around a poker environment since the age of 18 and thats how I began picking it up. In the beginning, it was more of just a hobby and it wasnt until about four years ago I became more interested in it and started taking it more seriously.

At the same time that Hudson first encountered poker, she also was introduced to another life passion. In her first year of college, she was invited to go on a trip to Honduras to visit and work with an orphanage.

From that very first trip, I fell in love with the people and the place, and the rest is history, she said. Those kids broke my heart wide open and change my entire life in the best ways possible. Thirteen years and twenty trips later, it has become my biggest passion.

Hudson isnt a part of an organization, its a personal endeavor that she at first shared with a friend but now has now extended to her entire family including her parents and sisters. Projects for the orphanage have included installing an entire water purifying system, purchasing a new playground, fixing up the building, providing greater security and essential items like bedding and pillows for the children.

But the biggest thing I have a heart for, the type of service most important to me, is investing my time and energy into the children emotionally and mentally, she said. After her first trip, she immediately started learning Spanish so she could better connect with the kids. I spend a lot of my time there sitting with the kids and communicating about life and their goals and what we can do to accomplish their dreams.

Each time I leave, I leave a piece of my heart there, but at least I know I leave with them knowing that they are loved, brave, smart and that people believe in them, she said. My days there are spent laughing, crying, playing, building, teaching, learning, starting and keeping traditions, showing consistency, capturing the good times on camera so that they can have photos of a happy childhood with people who love them with people who love them, and making memories with some of the most beautiful people on the planet.

I know it might not look like much to some people but to these kids, it might be the first time a person has been a constant source of love and support in their life.

That love and support, when at its best, is a two-way street. Hudson not only has had the opportunity to change the lives of children in desperate need but in return, she found love and purpose in her own life.

I will never forget the time I heard one of my little 6-year-olds praying before dinner, and she prayed for the lives and health of her mother and father, who she had never met, and then followed that with all of the things she was grateful for. That hit me hard, Hudson said. Those kids have changed my life, they have given me so much. I will never be able to repay them, but I will continuously return to them, over and over, to do all that I can to try.

Hudson credits her current life as a poker pro with giving her the flexible schedule and free time to continually support the orphanage and the kids. She has plans on returning to Honduras at some point after her current World Series of Poker grind.

I plan on playing the majority of the WSOP.com/USA event because I think they are amazing value, she said, noting that one of the reasons she originally moved to Las Vegas was to have access to these types of events. I do intend to travel to Mexico to play some of the [GGPoker] events next month, but mainly the $1Ks and lower. Winning an online bracelet would be a great accomplishment but I dont think I will feel fully satisfied until I win one live.

For Hudson though, satisfaction in poker is one thing while the definition of success is another.

We all have our definitions of success, she said. Success and happiness are relative.One of the biggest lessons my kids in Honduras have taught me is that happiness isnt based on material things. Because despite not having money or many material items, they are so much happier than the majority of people I know who society would consider being rich.In my opinion, the key to happiness and success is being grateful for what you have and always doing the best you can with what you know at the time.

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Kami Hudson Finds Satisfaction In Poker, Happiness In Honduras - PocketFives

Dennis Atkins: The stakes couldnt be higher in PMs poker game with China – The New Daily

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The Australia-China relationship has never been hotter than right now.

The list of areas of dispute, potentially harmful economic interactions and direct diplomatic and strategic tension is long and growing.

Prime Minister Scott Morrison has made contentious and confrontational announcements and commentary in respect of China every week since late June, from warnings of cyber attacks, a massive realignment of defence strategy clearly aimed at the Middle Kingdom and, just days ago, tough-talking pushback against new security laws in Hong Kong.

Theres every reason to call China out for a range of economic, strategic and societal hard-line activity, but the way Australia is standing up to its largest trading partner is without precedent.

Its easy to see why Morrison is doing this he understands Chinas standing among those quiet Australians he wraps himself around is toxic.

Australians blame China for the coronavirus pandemic and see the country as a threat to our interests whether theyre strategic, economic or something as simple as using a digital device.

The short-term politics at play might work to Morrisons benefit but whether megaphone diplomacy and envelope-pushing military posturing are in our long term interest is doubtful and possibly dangerous.

The Labor Opposition has been cautious but a long-form essay from the partys foreign affairs spokeswoman, Penny Wong, issues a string of warnings of what is at stake in this diplomatic version of Texas Hold Em.

Wongs essay, The End of Orthodoxy, to be published on Monday in Australian Foreign Affairs, has a number of clear-eyed observations.

Four stand out as vital for the immediate and medium-term.

First, and most importantly, Australia should avoid getting caught in the slipstream of big power rivalry between China and the United States, with 30-year horizons and not three-year domestic political cycles.

Second, we should not just concentrate on the coronavirus and its economic fallout but also keep our eye on climate change, which Wong identifies as the next pandemic.

Third, we have to work twice as hard to promote and nurture multilateralism a multilateralism that works for the post-COVID era and for the global challenges that lie ahead.

Finally, Wong rings a loud bell on the dangers facing our nearest Asian neighbour, Indonesia, which she says may be at risk of foundering.

Wongs warning on Indonesias outlook highlights the failure of the Morrison Government to pay enough attention to our northern neighbour at a critical time.

Morrison had a bilateral phone hook up with Joko Widodo (following a visit by the Indonesian President just weeks before COVID-19 changed everything) but this was mainly focused on the new economic and trade deal which came into force last weekend.

Wong takes a much broader view, looking at the risk of financial contagion for Indonesia, which she says is particularly acute and for which the country is not prepared.

Australia and the region cannot afford for Indonesia to founder, and we must stand ready to assist it, she writes.

Noting Australias stability and prosperity rely on a stable and prosperous South-East Asia, Wong cautions that few ASEAN member-states have the resources to deal comprehensively with the health and economic effects of the pandemic.

The pandemic may lead to humanitarian, economic and internal security crises with serious ramifications for the wider stability of the region.

On the related issues of the heightened tensions between China and the US and the weakening of multilateralism, Wong points to opportunities for Australia to take a regional and global lead in working around the roadblocks of great power competition.

She says none of the most pressing issues in this complex environment is simple but all require a more active foreign policy and a deeper investment in our diplomacy and the recognition that Australia needs to be more self-reliant in protecting and promoting our interests.

Wongs toughest language still couched in the measured words of diplomacy is a clear shot at the way Morrison has been playing politics with international relations, especially as they apply to China and the region.

Public interventions and rhetorical grenades designed to gain attention or tactical advantage serve little purpose, and distract from the far more challenging task at hand, writes Wong.

Put simply, we dont have time for negative globalism. We need to think about 30-year horizons, not three-year election cycles.

The global disruption in recent years has already generated sharp domestic debate about foreign policy. It will be even more difficult to confront change of the magnitude we now face. It can generate resistance and denial.

Wong concludes with a note of hope that Australia can meet the challenge for a new foreign policy ambition, based on consistency and discipline.

The question now for Wong and Labor is whether they are happy offering sober, nuanced commentary as pointed as it is in this essay or should they take the fight up to the Morrison Government.

Many in senior Labor ranks believe Morrison is winning the politics and what is needed is a loud effort to call out his naked opportunism.

Wongs essay is but the first step on meeting this challenge.

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Dennis Atkins: The stakes couldnt be higher in PMs poker game with China - The New Daily