These Blockchain Funds Are Breaking the Rules of Old Wall Street – RealMoney

The third-quarter has done a pretty good job so far of debunking the Old Wall Street advice to "sell in May and go away," as anyone doing so would have locked in some hefty losses and missed a very healthy start to the current quarter. While most the year was dominated by energy names, there's a new boss on the block, and by block, I mean to say blockchain.

Of the top-25 performing non-leveraged exchange-traded funds so far this quarter, all but five are crypto- or blockchain-focused. Returns range from ProShares Bitcoin Strategy ETF (BITO) , rising 25.2% to the quarter-to-date, to top dog,First Trust Skybridge Crypto Industry & Digital Economy ETF (CRPT) and its 51.12% gain.

But funds that sound like they provide the same or similar exposures will often produce different results for investors and this is a great example. So, I pulled four funds from this list and ran some attribution, so we can get a better understanding of what drove returns for each product.

The other top-gaining funds are the Bitwise Crypto Industry Innovators ETF (BITQ) (with 46.13% gains), the Global X Blockchain ETF (BKCH) (43.76%), and Grayscale Future of Finance ETF (GFOF) (30.91%).

CRPT is the only actively managed portfolio of the bunch. Index methodologies for the other funds can be found through these links: BITQ (Bitwise Crypto Innovators 30 Index), BKCH (Solactive Blockchain Index), and GFOF (Bloomberg Grayscale Future of Finance Index). From what I can tell, the ETF issuers developed the intellectual property behind the indexes and have contracts with various index providers for calculation services, as opposed to the index providers creating these indexes and pitching them to the issuers to launch products.

Before I get into what drove quarter-to-date returns for these funds I'll mention overlap between them, which is what percentage of holdings are held in common across all the funds. Looking at CRPT and its 31 holdings, it has 39% overlap with BKCH and GFOF, and 58% overlap with BITQ meaning if you own CRPT it's like having a 58% exposure to BITQ.

One thing that struck me was that in all four funds, the bottom 10 contributors to performance over the period were net additive to returns and in fact, aside from BKCH each fund only had one name that lost ground over the period including BITQ: CME Group (CME) (-3.51%), First Trust SkyBridge Crypto Ind and Digi Econ (CRPT) : Meta Platforms (META) (-0.66%); and, GFOF: BC Technology Group (BCTCF) (-23.71%). The down names in BKCH include Bigg Digital Assets (BBKCF) (-7.64%), Greenbox (GBOX) (-25.54%) and, SOS Ltd. (SOS) (-37.74%).

In the 40 potential slots that make up the top 10 contributors to return for these funds there are only 17 unique tickers, and accounting for some funds owning both U.S.- and Canada-listed shares that number drops to 14. Of those 14 ,the five names that had the biggest positive impact on average across all four funds are Marathon Digital Holdings (MARA) , Riot Blockchain (RIOT) , Coinbase (COIN) , Silvergate Capital (SI) , and Galaxy Digital Holdings (GLXY) . All five names are held in all funds and across the board figure into the top five or six contributors to return.

These results are all impressive. I like how all of these funds seem to draw inside the lines of crypto and the crypto industry, although I'm not crazy about names like Interactive Brokers (IBRK) , Alphabet (GOOGL) (GOOG) , and Meta showing up on CRPT. Very much like another gold rush from 1849, it seems like selling picks and shovels is a better long-term approach than getting exposure to the actual commodity, as evidenced by BITO's returns quarter-to-date, as compared to these funds. If I had to pick a fund out of these for crypto and crypto industry exposure, I'd have to go with the Bitwise Crypto Industry Innovators ETF, if only for the revenue exposure focus. If you think this trend is likely to carry through the near to mid-term, then perhaps BITQ is worth a closer look.

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These Blockchain Funds Are Breaking the Rules of Old Wall Street - RealMoney

Gaming vets promise to make blockchain games fun and sustainable – TechCrunch

The runaway success of Axie Infinity and StepN has convinced a flurry of entrepreneurs that web3 gaming, where the ownership of in-game assets is in the hands of users via blockchain adoption rather than a centralized platform, is the future.

Some of the biggest hits in the space to date reward users with tokens that can be cashed out in whats known as the play-to-earn model. While P2E games have attracted millions of players and billions of dollars from investors, veterans of the gaming industry argue that they are fundamentally unsustainable.

These games are the brainchild of financial engineers aiming to get rich quickly rather than experienced developers building time-honored works, they say.

Axie Inifitys dramatic rise and fall is telling. After peaking at $754 million in November when bitcoin hit all-time high, the games monthly sales volume plummeted to $4.5 million in July.

Most gameFi developers are not game developers, says Maciej Burno, whos spearheading the new metaverse business of Polish gaming studio Reality.

Burno is among a spate of blockchain-believing gaming veterans around the world trying to take blockchain games to the mainstream. Their vision is to counter the public impression that web3 games, popularized by P2E, are all scammy and trashy. Instead, they want to build games that are both fun and sustainable, while introducing cryptocurrenciesas a novel way to incentivize gamers as well as creators.

The problem with P2E, as seen by See Wan Toong, a former senior technical director at Electronic Arts and CTO of web3 gaming startup Red Door Digital, is that users have to spend money upfront to start playing.

In Axie Infinity, users buy and breed cute blob-like creatures called Axies in the form of non-fungible tokens that are authenticated on the blockchain. Sales from the NFTs then go toward funding rewards for those who earn tokens by playing, and the tokens, the games native cryptocurrency, can in turn be cashed out.

That means for the game to be sustainable, it must have a constant influx of new users or it loses its financing source. Thats why critics compare P2E games to pyramid schemes.

Many of the P2E titles arent really games by strict definition, Toong argues. They are more akin to decentralized finance, or DeFi, products with gamified features. Hardcore gamers dismiss Axie Infinity as simple or even boring, not unlike the free-to-play, mindless mobile games that they have opposed for years.

But for those living in developing countries, the prospect of making several hundred dollars per month by clicking on a computer screen can be tempting. Thats largely why Axie Infinity took off in countries like the Philippines during the pandemic when many people lost jobs. To them, the game is more like work than fun.

I think there is a bit of elitism in it, Simon Davis, CEO of Mighty Bear Games, a Singapore-based web3 gaming studio that just raised $10 million in a token sale, says of Axie Infinity critics.

There is a tendency in Western countries to dismiss things that are popular in other parts of the world and not be as respectful as you should be. If you look especially in Southeast Asia and Latin America, and countries where incomes are probably less high, people dont buy high-end gaming rigs and consoles. Its interesting to provide people not just with entertainment but also with potential economic upside.

I dont like the term play to earn, continues Davis, formerly a design manager at Ubisoft. I dont think it should be a primary motivation because youre playing a game to have fun. But someone can then decide they dont want to play the game anymore and get some of their investment back then. I dont see how thats a bad thing.

While Davis recognizes the value of P2E, like many other experienced game developers entering web3, hes pouring resources into perfecting the gameplay first and foremost. His studio had been producing conventional games, like an official Disney and Pixar game and Butter Royale, a hit on Apple Arcade, before turning to blockchain. It will soon be launching its first web3 title, a multiplayer third-person battle royale that incorporates the token economy.

Games can be both fun to play and lucrative, some blockchain game developers argue. Its not news that gamers are motivated to make money even in more developed parts of the world.

Remember World of Warcraft? There is already a group of players in the MMO [massively multiplayer online] game who hire tons of people in Vietnam and Indonesia to farm gold, observes Toong.

When you look at a traditional game, people are putting millions or billions of dollars into the gateway, but its on the other extreme. They dont get any value back, adds Toong.

Burno agrees. People want to play for fun and they are willing to spend money that makes them feel happy, but there are also those who want to invest, so you can give them a tool to invest.

Developers are also promised greater rewards from blockchain-integrated games. In free-to-play games, a common monetization model of today, developers earn income by pushing an update every six to eight weeks, observes Davis. Users get annoyed that youre trying to squeeze money out of them every two months.

In web3 games, in contrast, developers get a small percentage of every in-game transaction, which is recorded on the blockchain. So the only thing you have to worry about is creating a game that people want to keep playing for a very long time and creating value for those assets of the players who want to trade between themselves, says Davis.

To make a blockchain game sustainable, Toongs Red Door Digital is taking a different approach from Axie Infinity. Users dont need to buy the platforms tokens in order to start playing unless they want to start earning or have real value in their assets.

When a game sustains a recurring user base, the value of the game will increase and external investors will join, reckons Toong. All this increase in value then goes to the people who are playing to get financial returns.

Like many web3 games, Red Door Digitals platform offers utility tokens, which are used like in-game currencies for purchasing skins, items, and so on, as well as governance tokens. Users who contribute to the game will get governance tokens and be able to vote on critical project decisions. The utility tokens can be traded, while the governance tokens have no liquidity to strip them of any speculative value.

While developers are still working to optimize their token economy, investors are already plowing big money into their nascent ventures. Blockchain games attracted a whopping $2.5 billion in funding in Q2, according to DappRadar, a data company that tracks decentralized apps. In H1, blockchain games accounted for about 30% of all the capital raised by private gaming companies, a report by investment bank Drake Star shows.

Despite the torrent of VC money floating into web3 games, some legacy studios and publishers seem to err on the side of caution. Tencent, the worlds largest gaming company, has no development plans for web3 games that are of public knowledge.

Reputation is a big thing for the corporate, so if anyone who creates this initiative fails, its the end of their career. They will have to answer the board, says Toong. So the only way is for them to invest in a crypto company or two to see how it goes.

The gold rush into web3 is also posing challenges to crypto skeptics in the gaming arena. An Asia-based game-focused fund manager is frustrated that investors he meets these days are overwhelmingly interested in knowing whether his fund has a web3 angle.

If I say I dont, they dont want to invest.

Continued here:

Gaming vets promise to make blockchain games fun and sustainable - TechCrunch

ATTWOOD IMPORT EXPORT LAUNCHES VECHAINTHOR BLOCKCHAIN SECURITY STICKER TO GUARANTEE AUTHENTICITY ON LUXURY BEVERAGES – PR Newswire

NFC-enabled sticker to verify origin and authenticity of Johnnie Walker, Hennessy, Terrazas and Moet & Chandon bottles with a simple scan of a smartphone

SAN MARINO and LAS VEGAS, Aug. 4, 2022 /PRNewswire/ -- With the impact of the COVID-19 pandemic slowly fading, many economies are witnessing a sharp rebound in consumer demand, especially for high-quality, luxury goods. During this resurgence, the inefficiencies of traditional logistics models have become starker than ever, with cases of fraud skyrocketing, especially in developing economies.

VeChainThor, the world's leading Enterprise-grade public blockchain, was conceived specifically to resolve trust gaps in data. Blockchain creates a level playing field where any party can review the claim of another independently, removing the need for intermediaries.

For producers and importers of luxury products, digital technologies that can guarantee origin, logistics trails and legitimacy of a product present a significant opportunity. Unsurprisingly, the adoption rate of digital tools such as blockchain is rapidly picking up pace.

A Digital Future

Attwood Import Export, recognized as the largest premium alcoholic beverage importer and distributor in Cambodia, recently announced the implementation of an entirely new kind of security sticker built using the VeChainThor blockchain, the NFC-enabled 'Attwood Blockchain Sticker' (ABS).

Mr. David Wang, General Manager of VeChain Tech SEA, attended the launching ceremonyon July 27, 2022, an event attended by various major Cambodian news outlets and televised on the CTV8 Cambodia news channel.

Attwood Import Export is a leading company that has exclusively imported and distributed luxury brands for almost 30 years, notably, Johnnie Walker, Hennessy, Moet & Chandon, Terrazas, Chandon Sparkling, Budweiser beer, Corona beer, and Coronita beer.

By applying ABS to each bottle of product, Attwood enhances its liquor distribution capabilities, drastically improves transparency, and guarantees product authenticity to partners and consumers. With key data hashed on the blockchain, salient product information becomes immutable and trustworthy, allowing clients and customers to verify the origin and authenticity of products with a simple scan of a smartphone, preventing fraud and protecting consumers.

Attwood is known for going to great lengths to take care of its customers. Mr. Tan Se Chhay, CEO of Attwood commented:

"As a leading import export trading company, Attwood has always played an important role in bridging the gap between brands and consumers. Through the partnership with VeChain Tech, we strengthen the ability to take responsibility for our customers and products."

As a mature, scalable, and commercially proven blockchain, VeChainThor's versatility continues to garner industrial interest. With an array of advanced tools and solutions already on the market, the VeChainThor blockchain is cementing its position as the de facto blockchain for industrial, commercial, and other kinds of application.

VeChain Tech will continue its mission of developing and deploying digital solutions for Attwood and other visionary businesses, push the fore of digital transformation and unlock new value while solving complex industrial problems. With blockchain mass adoption unfolding globally, VeChainThor stands ready to deliver its powerful blockchain technology to enterprises and businesses of all sizes.

About VeChain

Launched in 2015 as a private consortium network, the VeChain Foundation went on to launch the VeChainThor public blockchain in 2018, a fully programmable, EVM-compatible layer one smart contract platform.

Its unique two-token model ensures stable, low transaction costs while an advanced Proof-of-Authority (PoA) consensus mechanism guarantees high throughput, scalability, and security with minimal energy consumption. VeChainThor's robust architecture has seen zero downtime for the network after almost 4 years of continuous operation.

Strong independent capabilities combined with the professional compliance guidance of strategic partners PwC and DNV has seen VeChain to establish partnerships with leading enterprises including Walmart China, Bayer China, BMW Group, BYD Auto, PICC, H&M Group, Shanghai Gas, LVMH, D.I.G, ASI Group and more.

VeChain continues to pioneer real-world blockchain applications across the globe with offices in Luxembourg, China, Singapore, San Marino, Milan, Ireland, Japan, France and the United States, working on wide-ranging applications from supply chain & logistics, sustainability & SDGs, carbon emissions, energy, medicine, De-Fi, NFTs and much more.

SOURCE VeChain

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ATTWOOD IMPORT EXPORT LAUNCHES VECHAINTHOR BLOCKCHAIN SECURITY STICKER TO GUARANTEE AUTHENTICITY ON LUXURY BEVERAGES - PR Newswire

Ukraine pushes Putin body-double theory, points out this head feature – New York Post

Russian President Vladimir Putin has been deploying body doubles at recent public outings to hide health problems, said a Ukrainian military official who claimed that the decoys have different ears than the strongman.

Ukrainian military intelligence chief Major General Kyrylo Budanov suggested on Ukrainian television this week that Putins ears looked different across several of the leaders public appearances.

The picture, lets say, of the ears, is different. And its like a fingerprint, each persons ear picture is unique. It cannot be repeated, he said, according to a Newsweek account of Ukrainian TV.

But Budanov said that wasnt all that was amiss.

They [Putins body doubles] have different habits, different mannerisms, different gaits, sometimes even different heights, if you look closely, he said.

Budanovs theory about the body doubles, however, was not the first time that the rumor has been floated.

The International Business Times called it one of the more unusual conspiracy theories back in 2018, when a Twitter user cited three photographs of Putin across time to suggest that the ex-KGB spy was in fact three different people.

Budanov, this week, explained the supposed use of body doubles by pointing to widespread speculation that the Russian leader is gravely ill.

But the head of the CIAas well as Britains MI6 chiefboth cast doubt on those reports recently, stating at last months Aspen Security Forum that the Russian leader is apparently quite healthy.

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Ukraine pushes Putin body-double theory, points out this head feature - New York Post

Turkeys Erdogan to meet Putin in Russia: What to expect – Al Jazeera English

Istanbul, Turkey Turkish President Recep Tayyip Erdogan will meet his Russian counterpart on Friday in Sochi, after brokering a grain shipment deal between Moscow and Kyiv and as a new Turkish military intervention in Syria remains a possibility.

The summit with Vladimir Putin comes in the same week that a ship carrying Ukraine grain was able to set sail, the first since the conflict began, under an agreement between the warring sides arranged by the United Nations and Ankara.

The Turkish leaders international credentials have been bolstered by the agreement that resumes exports of Ukrainian and Russian agricultural products, easing the threat to global food security.

Erdogans trip his eighth to Russia since the start of 2019 follows a three-way meeting with Putin and Iranian President Ebrahim Raisi in Tehran last month.

According to Ankara, regional and global developments will be on the agenda, as well as bilateral ties.

By virtue of its role in the grain deal, Turkey has succeeded in positioning itself as Russias diplomatic conduit to the international community, said Eyup Ersoy, visiting research fellow at the Institute of Middle Eastern Studies, Kings College London.

This diplomatic rearrangement has shifted the relational asymmetry more in Turkeys favour and is expected to curtail, to some degree, Russian resistance against Turkish policies and initiatives in issues of common concern.

Analysts said Turkeys principal focus would be Moscows acquiescence or at least its lack of opposition to a Turkish military operation in northern Syria.

Russia, a key backer of President Bashar al-Assad, controls most of the north Syrian air space.

Erdogan raised the prospect of another operation against Syrian Kurdish fighters in May.

We are determined to eradicate the evil groups that target our national security from Syria, he reiterated during the Tehran summit two weeks ago.

Tal Rifaat and Manbij, cities west of the Euphrates river controlled by the Peoples Protection Units (YPG), are likely targets.

The Syrian group is linked to the Kurdistan Workers Party (PKK), which has waged a 38-year armed uprising against Turkey. The PKK is considered a terror group by Turkey, the United States and the European Union.

Ankara has launched four cross-border operations into Syria since 2016 and controls land in the north with the goal of pushing away the YPG and establishing a 30-km (19-mile) secure zone.

An incursion in October 2019 into northeast Syria against the YPG drew widespread international condemnation.

Erdogan wants a green light for a military operation in Syria, said Kerim Has, a Turkish political analyst based in Moscow.

As we saw at the Tehran summit, Iran and Russia are against this operation but I think Erdogan can persuade Putin. Many things depend on the domestic situation in Turkey because Erdogan wants to launch the operation before the elections so he can consolidate at least a few percentage points in the vote.

Turkey is experiencing its worst economic crisis in two decades annual inflation hit 79.6 percent on Wednesday and Erdogan faces presidential and parliamentary elections by June next year.

The Kremlin could ease this instability, especially through natural gas. Russia supplied Turkey, which is dependent on energy imports, with 45 percent of its gas needs last year.

Turkey wants to keep its energy flows from Russia over the winter while maintaining economic cooperation to alleviate its difficulties and opening a [currency] swap agreement or getting investment from Russia, said Emre Caliskan, research fellow at the London-based Foreign Policy Centre.

Erdogan could present this as a victory to the Turkish public and perhaps alleviate the high food and energy prices that are likely to present a challenge in the coming elections.

However, it remains to be seen whether this would be enough to win over voters.

Weve seen these operations in Syria before and they dont do anything to help us, said Istanbul tobacconist Cemil Sener, 39.

People know these are just ploys to give the TV stations something positive to report. And I dont see how the Russians can really help our economy while they are being sanctioned by the West.

Erdogan and Putin may also discuss the possibility of Turkey sharing its armed aerial drone expertise with Russia.

Bayraktar TB2 drones sold to Ukraine have proved to be highly effective against Russian forces.

Last month, Erdogan reportedly said Putin had suggested setting up a drone factory in Russia during their Tehran meeting.

The Kremlin said last week that technical and military cooperation would be on the agenda at Sochi, an indication of Russias interest in procuring Bayraktars, according to Ersoy.

The recent news on the Russian interest to acquire Iranian drones is indicative of the urgency of the matter for Moscow, he added.

However, such a move would undermine the main plank of Turkish support for Ukraine as well as raise eyebrows among fellow NATO members.

Earlier this month, the head of Baykar, which makes the Bayraktar TB2 drones ruled out supplying them to Moscow.

If Turkey was to further participate with Russia in military matters at a time when Russia is considered the greatest threat to NATO, it would seriously damage relations with the West, Kerim Has said.

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Turkeys Erdogan to meet Putin in Russia: What to expect - Al Jazeera English

Fact check: Photo of guards saluting Putin was taken in Russia in 2020 – USA TODAY

Putin in Tehran for talks with leaders of Iran, Turkey

Russian President Vladimir Putin is in Iran on a trip intended to deepen ties with regional heavyweights as part of Moscow's challenge to the United States and Europe during its grinding campaign in Ukraine. (July 19)

AP

On June 23, China virtually hosted the 14thBRICS Summit. The summit is an annual meeting wherethe leaders of Brazil, Russia, India, China and South Africadiscuss topics such as trade and the economy.

Several social media users have shared a photo of Russan President Vladimir Putin purportedly being saluted at the 10th BRICS Summit in South Africa. The photo shows two uniformed mensaluting Putin as he enters a golden room.

"Russian President Vladimir Putin in South Africa when he was attending the 10th Session of BRICS," oneJuly 17 Facebook post says.

The post garnered over 2,900 likes in its first two weeks. Other viral iterations have been shared on Facebook and Twitter.

Follow us on Facebook!Like our page to get updates throughout the day on our latest debunks

But the claim is not correct. The photo was taken in Russia in 2020, two years after the 10th BRICS Summit.

USA TODAY reached out to the social media user who shared theclaim for comment.

Since ordering the invasion ofUkraine in February 2022, Putin hashad limited overseas travel. His first trip out of the country since the February invasion wasto Tajikistan and Turkmenistan. The trips took place on June 28 and 29.

Putin attended the 14th annual BRICS Summit on June 23 via videoconference, according to the Kremlin's website.

Fact check: False claim that Trump, Putin had recent meeting in Washington, D.C.

Theclaim mentions the 10th BRICS Summit, which was held four years before the Ukrainian invasion, in 2018. While Putin did attend this conference in person, the photo was not taken at the 2018 summit.

The photo was taken by Getty Images photographerMikhail SvetlovinSt. Alexander Hall at the Grand Kremlin Palace on Feb. 5, 2020, in Moscow. Putinwas pictured entering the room withRussian Foreign MinisterSergei Lavrov and attended a ceremony where he received 23 credentials from newly-appointed foreign ambassadors, according to the photo's description.

Photos from the Kremlin ceremony havebeen included in articlespublished byNewsweek and Forbes.

Based on our research, we rate FALSE the claim that a photo shows Vladimir Putin being saluted at the 10th BRICS Summit in South Africa. The photo was taken by a Getty Images photographer in Russia in 2020, two years after the 10th BRICS Summit was held in South Africa.

Thank you for supporting our journalism.You cansubscribe to our print edition, ad-free app or electronic newspaper replica here.

Our fact-check work is supported in part by a grant from Facebook.

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Fact check: Photo of guards saluting Putin was taken in Russia in 2020 - USA TODAY

Putin cant control his Ukraine cataclysm and the US must get ready – The Hill

As the Russo-Ukrainian war grinds into its sixth full month, we must reckon with strategic reality. Russia is losing ground, and its strategic position will only deteriorate in coming months; further military reversals will intensify its strategic quandary.Three possibilities exist revolution, a palace coup, or horizontal escalation and the United States should prepare for each.

Russia faces a structural strategic impediment that goes beyond war-planning errors and the inefficiencies of an authoritarian kleptocracy.It simply lacks the manpower and capabilities to conquer Ukraine, or even to hold its current strategic position.

Russias military planned its invasion poorly because of a series of flawed assumptions. Its high command believed Ukraine was brittle and feckless with a divided, poorly coordinated army; it assumed the West had no stomach for even a brief confrontation. Hence, only a push would be needed to topple resistance:A multi-axis invasion would overwhelm Ukraine and the West, President Volodymyr Zelensky would flee Kyiv, and by May 9 Putin could announce the reconstitution of the Soviet-Russian Empire, Belarus and Ukraine included.

In the event, Ukraine fought with skill and tenacity.Russias greatest success came in the south, where it appears Russiacompromised Ukrainian intelligence chiefsto facilitate its rapid capture of Kherson, Melitopol and Berdyansk. Russias invasion force, however, was too small to sustain a broad-front offensive for more than a few days.Although it captured much of Kherson and southern Zaporizhzhia oblasts, and took Mariupol following a vicious two-month siege, its momentum was spent.It withdrew from the north, abandoning its thrust towards Kyiv.

Since then, Russia has been stuck in an increasingly insoluble bind, stemming from two structural factors.It possesses tens of thousands of artillery pieces in various calibers, ranging from the 1960s-produced D-30 and 2S3 to the more modern Msta-b and 2S35, along with various multiple rocket launcher (MRL) systems. These systems are relatively inaccurate Russian MRLs lack the precision guidance of Western-designed HIMARS and M270s, while Russian barrel artillery cannot match the American M777, French Caesar or German PzH-2000 with modern shells.

Still, many Western analysts and the Kremlins propagandists insisted Russia would shatter Ukrainian defenses if properly concentrated.And Russia did concentrate: It amassed well over half of its deployed combat power in the Donbas.But observers who predicted Ukraines collapse after an attritional conflict in June forgot the Great War adage, Artillery conquers, infantry occupies.

Short of nuclear bombardment, infantry are needed to take even destroyed cities and pummeled fortifications.Russia lacks trained, disciplined infantry and the command structure to coordinate multiple assaults, break through and then encircle defenders. Its solution was to increase artillery bombardment while restricting its infantry assaults. Casualties remained high, but Russia avoided the loss of ability to conduct offensive operations due to unit overextension and exhaustion.

However, Russias artillery-heavy strategy is increasingly ineffective.Ukraines Western-provided precision weapons have methodically destroyed Russian command posts, logistics hubs and ammunition depots throughout the occupied east and south.

Russias logistics system remains manpower-heavy, rail-dependent and centralized. Hence, pressure on it exposes its frailty: Russias military is intellectually and materially incapable of redistributing its supply depots and replacing rail with road transport. This has led to an appreciable drop in artillery fire in the east, where Russia benefits the most from a dense rail network, and in the south, with much longer logistical lines.

Manpower and logistical constraints prevent Russias military from regaining the operational initiative and make it severely vulnerable to even moderate Ukrainian pressure, which is building.Ukraines counteroffensive in Kherson Oblast is underway, although it remains in the shaping phase. It is dividing the Russian bridgehead on the Dnipro Rivers north bank into segments and using long-range fire to disrupt logistics; over time, it will degrade Russian combat power. Ukraines hope is that Russia will cut its losses and withdraw, much as it did around Kyiv and from Snake Island.

A more consolidated Russian position in the south remains extremely vulnerable, too.Its logistics lines are long, and it must police significant territory for Ukrainian special operations and partisan activity.Ukraine, meanwhile, operates on interior lines, allowing it to shift forces far more rapidly and dictate the pace of operations. Moreover, given Russias manpower constraints, force shifts will be necessary to maintain even the more consolidated position; they have begun, but not in great enough numbers to stabilize the south or to counterattack.

The current Kherson counteroffensive is only the beginning. Ukraine will reset after driving Russia from the Dnipros north bank; continuing an offensive after this into Kherson Oblast is possible but difficult.The Dnipro is wide; crossing it would require a large-scale bridging operation that Russia would oppose and even if it succeeded, losses would be high.Ukraine would then need to push towards the Crimea Canal, Russias second defensive line, assaulting fixed Russian positions for the first time.

More viable may be an offensive in Zaporizhzhia Oblast.The ground is wider, partisan activity appears more intense, and Russian logistics are more exposed, given Ukrainian firing positions.Ukraine can mask a buildup because of its forces in the east; new units could be used for the Donbas and Kharkiv, forcing Russia to guess Ukrainian intentions and risk redeploying incorrectly. Moreover, a Ukrainian counteroffensive that reaches Melitopol, or simply maintains fire control of the M14 Road and attendant railways, would threaten all Russian forces to the west with logistical collapse, especially if Ukraine can disable the Kerch Strait Bridge.This would construct the wars long-awaited first cauldron.

Regardless, Ukraine has a solid chance of retaking the south, or at least pressuring Russian positions hard enough to induce another controlled retreat to Crimea.

Despite prognostications on the failure of sanctions pressure, Russias economy is nearing implosion. Russia cannot sustain its economic interventions, and its industry is entirely starved of foreign-produced high-end equipment.Oil revenues alone are insufficient to prop up Russiaandcannot procure necessary Western technology.A precipitous decline is probable between October and December just as the purported Russian commodity strategy will bite the hardest, with the West placed under the greatest energy pressure.

Putins options are, therefore, limited.

Mobilization remains far too dangerous; arming tens of thousands of young Caucasian, Central Asian and Siberian Russians and shipping them through Moscow to Ukraine is a recipe for revolution.But seeking a limited peace, in which Russia retains the Donbas and Crimea regions, does not solve Crimeas vulnerability nor save Putins domestic credibility.Most likely, the Kremlin will take this peace and Putins security services will batten down the hatches, hoping to outlast the economic downturn and maintain power.

The military, however, will be disillusioned.It will have completely eviscerated its combat power, and for what?A small bit of land in eastern Ukraine and some looted household goods.Russias piddling incentives for combat service, along with high casualties, will create a toxic domestic environment.We may very well witness the reassertion of an old Soviet dynamic that pits the security services against the military, which brought Nikita Khrushchev to power and eliminated Lavrentiy Beria in 1953.

The greatest danger, therefore, comes after a successful Ukrainian push.At this point, Putin will feel the most domestic and psychological pressure, or finally will come around to the militarys argument for either mobilization or extension of the war.

The U.S. and its allies must prepare accordingly and expect a confrontation in the next six months.Four steps are necessary:

First, the West should expand and diversify weapons deliveries to Ukraine.HIMARS and other long-range artillery systems are necessary, but aircraft should be included both fighters and manned or unmanned aircraft with anti-submarine capabilities to undermine Russias Black Sea Fleet even further. The greater the military pressure Russia experiences, the more likely the failure of Putins twin attacks on Ukraine and the international order.

Second, as Putin becomes more desperate, the U.S. and willing allies should prepare to impose a no-fly zone in western Ukraine. Unlike earlier in the war, this is not to ensure Ukrainian civilians are safe from Russian bombardment. Rather, it would be to call Putins escalatory bluff, while deterring any attempted Belarusian intervention.

Third, the U.S. should apply pressure to those corporations still doing business in Russia.Putins regime is increasingly isolated and approaching economic collapse; more departures will accelerate its implosion.

Fourth, the U.S. should encourage Turkey, through positive and negative inducements, to permit a NATO or U.S. naval mission into the Black Sea.Ukrainian grain exports have resumed, though time will tell how much Russia allows to exit the country. Nevertheless, now is the time to push Russias naval position the hardest; absent control of the Black Sea, Russias position in southern Ukraine becomes untenable. This would not involve active combat operations, simply a demonstration of presence and force.

As the war continues, the opacity of Russias weaknesses is replaced by transparency. The West should take the fullest possible advantage.

Seth Cropsey is founder and president of Yorktown Institute. He served as a naval officer and as deputy undersecretary of the Navy and is the author of Mayday:The Decline of American Naval Supremacy (2013) andSeablindness:How Political Neglect Is Choking AmericanSeapowerand What to Do About It (2017).

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Putin cant control his Ukraine cataclysm and the US must get ready - The Hill

Putin is banking on a failure of political will in the west before Russia runs out of firepower – The Guardian

The Russo-Ukrainian war is coming down to a race between the weakening political will of western democracies and the deteriorating military means of Vladimir Putins dictatorship. But this race will be a marathon, not a sprint. Sustaining that political will requires the kind of farsighted leadership which most democracies are missing. It calls for a recognition that our own countries are also, in some important sense, at war and a corresponding politics of the long haul.

Is this what you hear when you turn on your television in the United States (where I am now), Germany, Italy, Britain or France? Is this a leading topic in the Conservative party contest to decide Britains next prime minister, or the run-up to the Italian election on 25 September, or the campaign for the US midterm elections on 8 November? No, no and no. We are at war, I heard someone say recently on the radio; but he was an energy analyst, not a politician.

The fact that Ukrainian forces are preparing for a big counter-offensive to recapture the strategically vital city of Kherson shows what a combination of western arms and Ukrainian courage could achieve. US-supplied High Mobility Artillery Rocket System (Himars) long-range multiple-launch rocket systems have enabled the Ukrainians to hit artillery depots, bridges and command posts far behind Russian lines. Russian forces have been redeployed from Donbas to defend against the expected offensive, thus further slowing the Russian advance in the east. Richard Moore, the head of Britains Secret Intelligence Service (MI6), observed recently that Russia might be about to run out of steam in Ukraine because of shortages of material and adequately trained troops. So Ukraine has a good chance of winning an important battle this autumn; but its still a long way from winning the war.

In his campaign to defeat not only Ukraine but also the west, Putin is counting on Russias two traditional wartime allies: Field Marshal Time and General Winter. The Russian leader is weaponising energy, reducing gas flows through the Nordstream 1 pipeline so Germany cant fully replenish its gas storage before the weather turns cold. Then he will have the option of turning off the gas entirely, plunging Germany and other dependent European countries into a desperate winter. High energy prices as a result of the war continue to turbocharge inflation in the west while keeping Putins own war chest filled with the billions of euros Germany and others are still paying for Russian gas and oil. Although a few grain ships are now leaving Odesa, his blockade of Ukrainian ports has caused a food price crisis across parts of the Middle East and Africa, resulting in much human misery and potentially in refugee flows and political chaos. Those, too, are Putins friends. Better still: the global south seems to blame this at least as much on the west as on Russia.

Putins cultural and political analysis of the west leads him to believe that time is on his side. In his view, the west is decadent, weakened by multiculturalism, immigration, the post-nationalism of the EU, LGBTQ+ rights, atheism, pacifism and democracy. No match, therefore, for carnivorous, martial great powers which still cleave to the old trinity of God, family and nation.

There are people in the west who agree with him, subverting western and European unity from within. Just read Viktor Orbns scandalous recent speech to an ethnic Hungarian audience in Romania, with its insistence that Hungarians should not become mixed race, its sweeping critique of the wests policy on Ukraine and its conclusion that Hungary needs to make a new agreement with the Russians.

Although the party likely to emerge victorious from next months Italian elections, the Fratelli dItalia, is the indirect successor of a neo-fascist party founded in 1946, it does at least support the western position on the war in Ukraine. But the leaders of the Fratellis probable coalition partners, the Legas Matteo Salvini and Forza Italias Silvio Berlusconi have a pro-Putin past and cannot be relied on to stand firm on Ukraine, as the current Italian prime minister, Mario Draghi, has done. In Germany, a plurality of those asked in a recent opinion poll (47%) said Ukraine should give up its eastern territories in return for peace. European voices calling on Ukraine to settle along those lines will only get louder as the war grinds on. (Former Labour leader Jeremy Corbyn recently joined them, although his intervention wont affect the strong cross-party consensus in Britain on support for Ukraine.)

Most important are the midterm elections in the US. If Donald Trump announces his presidential candidacy off the back of midterm election successes for his partisans, this could spell big trouble for what has so far been rare bipartisan consensus in the US on large-scale economic and military support for Ukraine. Notoriously reluctant to criticise Putin, Trump has told his supporters that the Democrats are sending another $40bn to Ukraine, yet Americas parents are struggling to even feed their children.

What would it take to prove the Russian leader wrong about the intrinsic weakness of western democracies? Rather a lot. The two largest armies in Europe are going to be slogging it out in Ukraine for months and quite probably years to come. Neither side is giving up; neither has a clear path to victory. All the current peace scenarios are unrealistic. When you cant begin to see how something is going to end, its unlikely to end soon.

To sustain Ukraines resistance and enable its army to recover lost territory requires weapon supplies on a scale that is large even for Americas military-industrial complex. For example, the US has reportedly already sent one-third of its entire stock of Javelin anti-tank missiles. According to a former deputy governor of the National Bank of Ukraine, the country needs a further $5bn a month in macroeconomic support just to ensure that its economy does not collapse close to double what it is currently getting. Thats before you even get to the challenge of postwar reconstruction, which may cost as much as $1tn.

If we stay the course, at scale, then Field Marshal Time will be on Ukraines side. Putins stocks of his most modern weapons and best trained troops have already been depleted. Keep up the pressure and military experts tell us he will be reaching back to 40-year-old tanks, and raw recruits. Western sanctions are hitting the hi-tech parts of his economy, needed for resupply. Could he compensate for the loss of skilled troops by a general mobilisation? Will China come to his aid with modern weapons supplies? Can he escalate? These questions have to be asked, of course, but the pressure would be back on him.

In democracies, leaders must justify and explain to voters this kind of large-scale, strategic commitment, otherwise they will not support it in the long run. Putin would then be proved right in his diagnosis of the weakness of democracy. Estonias Kaja Kallas is giving an example of such leadership, but then her people know all too much about Russia already. At the moment I dont see any leader of a major western democracy doing the same, except perhaps for Mario Draghi and hes leaving.

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Putin is banking on a failure of political will in the west before Russia runs out of firepower - The Guardian

Putins Threshold of Pain – Asharq Al-awsat – English

In any international conflict that involves tough political and diplomatic measures and violence of one sort or another, a key question faces the adversaries on both sides: what is the other sides threshold of pain?

More than six months after Vladimir Putins invasion of Ukraine his adversaries would do well to ponder that question.

The threshold of pain is a point which when reached obliges the adversary to re-think its current strategy and seek relief. Some adversaries may try to push that threshold as far as possible even after hearing their bones being crushed. This was the case with Adolf Hitler who was ready to see the whole of Germany turned into a pile of rubble but could not contemplate surrender.

Others like what the late Ayatollah Khomeini did in August 1988, would drink the poison chalice to avoid the collapse of their regime.

The Iraqi despot Saddam Hussein once offered us his own definition of the threshold of pain. He related how as a teenager he and his mates in Tikrit would jump on trucks carrying goods to Baghdad to get a free ride for kicks. The trouble was that the trucks guard would hit them on their fingers with a wire whip that drew blood. According to Saddam all the boys would jump off after a few whip lashes-but he would hang until his hands were dripping with blood. I was proud to see that, as time went on, I was able to hang on for a bit longer.

The Apartheid regime in South Africa proved to have a high threshold of pain and decided to throw in the towel not because of sanctions and proximity pressures but as a result of psycho-political changes within the white ruling elites.

In North Korea and the Islamic Republic in Iran the threshold in question is fixed by the degree of threat to the regime not the sufferings of the masses. In Pyongyang and Tehran every pain is worth enduring as long as the survival of the regime is assured.

So, what is Putins threshold of pain?

Some Western leaders seem to have assumed a rather low threshold, believing that Putin would cave in once crushing sanctions began to show their effect.

To be sure sanctions imposed by the European Union and the United States and a number of other powers notably Japan has not had enough time to affect Putins behavior. In fact some sanctions have remained at the level of announcement. Russia continues to export energy albeit with generous discounts though the brown market outside Europe while Putin has managed to keep inflations under control and, thanks to a war chest created over many years, prevents the rouble from free fall.

It is clear that Putin, having started with the dream of a shirt war ending with victory is now switching to a new strategy of low intensity warfare with a slower rhythm and tempo under his control. Assured that his own Russian territory is treated as a sanctuary, he can pick and choose when and where to turn the heat on Ukraine and the NATO allies supporting it.

Worse still he may already be plotting to open diversionary fronts to confuse his adversaries and stretch their resources. One such front is already taking shape as Serbia, under a pro-Putin team, prepares to invade Kosovo which is likely to drag in Albania as well. Another front is also looming in Moldova where Putin has been shipping vast amounts of arms to a pro-Moscow faction. Russia is also probing the possibility of mischief-making in former French Africa to threaten the supplies of rare metals needed by European industry. Dont be surprised if even Estonia, a member of NATO, is subjected to what is known as proximity pressures.

As far as Russian human losses are concerned, Putin has also succeeded in pushing his threshold of pain higher than expected. To shield the Russian heartland against big losses he has made disproportionate use of volunteers and mercenaries from ethnic minorities. According to best estimates Russia has lost over 70,000 killed and perhaps three times as many wounded or missing in action. Anecdotal evidence shows that casualties sustained by non- Russian republics of the federation are at least 30 percent higher than those of the heartland.

Russian Foreign Minister Sergei Lavrov says Putins Special Operation will continue for as long as needed to achieve all its objectives. But he does not say what those objectives are. Putin thinks that the short-termism of politics in Western democracies will lead to a change in public opinion against what is becoming a growingly costly war with no sign of the victory promises by outgoing British Prime Minister Boris Johnson and Ms. Nancy Pelosi , Speaker of the US House of Representatives.

The fact that the war in Ukraine has been relegated to inside pages and lower rungs in TV news bulletins in the West encourages Putin in his illusions about a victory he is unlikely to achieve.

The effect of Putins strategy is to cast Russia as an existential threat to the world order, something that would endanger other nations beyond NATO and the European Union. Putin is delusional if he thinks he could foment chaos and expect sympathy and support from China, India and Brazil among the nations he is trying to woo to his side.

Weak leadership in key Western democracies, notably the United States, Britain and France, does not mean weakness in terms of economic, military and cultural power in comparison with a Russia led into the unknown by an overambitious leader.

Putin may have a threshold of pain that is higher than Western experts forecast. But, sooner or later, he is bound to reach that threshold. Even in the 19th century when, after defeating Napoleon, it was the greatest military power in the world Russia was not able to reshape Europe.

Putin may not be ready yet to jump off Saddam Husseins truck but his refusal to end the war produces nothing but more corpses, Ukrainian, Russian, Daghestani, Chechen, Ingush, Tatar, Charkas, Kalmuk, Bashkir, Kamchatkan and so on.

In his novel Dead Souls Gogol notes that We Russians tend to blame others for our miseries, not knowing that whatever wrong is done to us is done by ourselves. Putin would do well to listen to the master of Russian literature, even though he was an ethnic Ukrainian.

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Putins Threshold of Pain - Asharq Al-awsat - English

Putins former banker warns about his health – AS USA

Sergei Pugachev, who was head of the presidential campaign that brought Vladimir Putin to the Kremlin 22 years ago, gave an interview to El Independiente in which he spoke about how the current president of Russia behaves behind closed doors and gave an indication about what his current state of health is.

Pugachev, nicknamed Putins banker, is an international investor who was part of Vladimir Putins inner circle at the turn of the century. However, since 2011 he fell out of favor with the Russian president and has been immersed in multiple criminal proceedings. As a result, his assets (which amount to 15,000 million dollars) were frozen and he was forced to leave Russia for Great Britain and later ended up in France, where he currently resides.

What one billion dollars really means

From that moment on, Pugachev has never missed the opportunity to take revenge by talking openly about a Vladimir Putin whom he defines as a pathological liar who lies for no reason. He did it to me and he has done it again now in Ukraine. The bombs fall on civilian targets but instead Putin says they do not attack civilians.

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The person who was Putins shadow during his beginnings in the Kremlin said of the Russian leader, It is evident that he is not in his best state. He was someone who took great care of himself..

Pugachev added that Putin used to swim for four hours a day; then he received massages and they gave him a manicure and pedicure, - care that, according to him, does not correspond to his current appearance.

He is only 69 years old but he looks 90 years old. So, given all the money and resources he has, hes probably very sick. Even people who have worked their entire lives in a mine look better, Pugachev warned.

The interviewee says that when Putin was chosen as a presidential candidate, he made it clear that he was doing it for money. He told us, I can be your president; just pay me.

Regarding the wealth that Putin could have accumulated during his long term in office, Pugachev revealed, Starting out from the fact that there was a tacit agreement to consider that all businesses belong to the leader, and that the businessmen accepted it as a new way of operating, the fortune built up by Putin and his family could exceed trillions of dollars.

About this system, Putins former campaign manager points out that the oligarchs understood towards the end of the 2000s that all the money they had amassed was common property. All their fortunes were under Putins responsibility or belonged to him. Today, the system is like a cooperative in the hands of Putin and those closest to him.

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Putins former banker warns about his health - AS USA

NATO ‘will react’ if Putin attacks – causing ‘most dangerous situation since WW2’ – Express

NATO Secretary-General Jens Stoltenberg said that "the whole alliance will react" if the Russian President attacks one of the 30 members of the military bloc. The former Norwegian Prime Minister's comments reflect article 5 of the original treaty that established the alliance in 1949 based upon the concept of collective self defence.

This means that an attack on one member of the alliance is judged to be an attack on all member states.

It has been invoked only once following the September 11 terrorist attacks in the United States in 2001.

In a speech in Norway on Thursday, Mr Stoltenberg said that Europe was facing its "most dangerous situation since World War 2" in a dire warning.

He also emphasised that NATO countries needed to continue to support Ukraine in order to prevent Russian aggression spreading beyond Ukraine to other countries.

Mr Stoltenberg added that this might mean that NATO countries will need to support Ukraine with weapons and other forms of assistance for a long time to come.

He said: "It's in our interest that this type of aggressive policy does not succeed.

"What happens in Ukraine is terrible but it would be much worse if there was a war between Russia and NATO.

"This is the most dangerous situation in Europe since World War Two.

READ MORE:Putins gas master plan thwarted: UK handed ONE BILLION cubic metres

Following what the Kremlin calls its "special military operation" in Ukraine, previously neutral countries Finland and Sweden have applied to join NATO.

So far the request has been ratified by 23 of the 30 members of the alliance including the United States after Turkey dropped its opposition to the two countries joining.

Despite the current harsh rhetoric between Vladimir Putin and NATO, the Russian President was much more favourable towards the alliance during his first term in office during the early 2000s.

He told American filmmaker Oliver Stone during an interview that he had discussed the possibility of Moscow joining the alliance with US President Bill Clinton in 2000.

The Russian President also made similar positive comments about joining NATO during a BBC interview with David Frost the same year.

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NATO 'will react' if Putin attacks - causing 'most dangerous situation since WW2' - Express

Putin’s horror plot EXPOSED as despot tries to blame slaughter of POWs on West – Express

The Kremlin is planning to falsify evidence to frame Ukraine for an attack on a prison housing prisoners of war (POW) in a bid to deter the West from sending more weapons to support the embattled nation, multiple intelligence sources suggest. The Olenivka prison near Donetsk had been used to house many of the Ukrainian soldiers who surrendered at the Azovstal plant in Mariupol several months ago. Last Thursday, the prison came under attack, killing at least 50 Ukrainian POW. Disturbing video footage published on Russian state TV and social media channels show extensive destruction to a building and several bodies.

The Kremlin has been quick to blame Ukrainian troops, who they say were using Western-provided weapons for the attack.

A White House official told CNN they expect Russia will falsify evidence in order to more convincingly blame Ukrainian forces.

The official added that they have "reason to believe that Russia would go so far as to make it appear that [Western-provided] Ukrainian HIMARS were to blame".

This analysis is echoed by the Institute for the Study of War (ISW), which found: "Russian forces likely set fire to the prison complex holding Ukrainian POWs in occupied Donetsk Oblast but blamed Ukraine for an alleged precision strike using Western-supplied military equipment, likely to deter additional military support to Ukraine."

Meanwhile, the Ukrainian Main Military Intelligence Directorate (GUR) reported that it determined the Wagner Group deliberately set fire to the prison complex on July 28.

The report is consistent with the damage observable in Russian-published video of the site.

The footage showed the walls of the building were burned but still standing and did not reveal shell craters or other indicators consistent with an artillery strike.

Western-provided HIMARS have reached rock star status in Ukraine, with the Defence Ministry posting slick celebratory videos to social media channels.

On Monday, Kyiv's MoD shared a spoof promotional video for "HIMARS global tour 2022", featuring footage of the rocket launchers wreaking havoc on Russian targets after nightfall, to the soundtrack of Metallica's Enter Sandman.

The tagline read: "Coming soon... to a Russian munitions depot near you."

The United States started providing the key precision rocket weapon system to Ukraine in June after receiving assurances from Kyiv that it would not use them to hit targets inside Russian territory.

In July, US President Joe Biden signed a new weapons package worth up to $400 million, including more HIMARS and ammunition.

Ukrainian President Volodymyr Zelensky used his overnight speech on Tuesday to celebrate the success of HIMARS.

He proclaimed: "The word 'HIMARS' has become almost synonymous with the word 'justice' for our country.

"The Ukrainian defence forces will do everything to ensure that the occupiers experience more and more painful losses every week thanks to these very effective systems."

They have confirmed that there are at least 20 HIMARS operating on the battlefield.

The delivery of HIMARS comes as fighting intensifies in the southeast of Ukraine, stretching up into the northeast.

Donetsk and Luhansk are the two regions that together form Donbas, the eastern part of Ukraine where the conflict between Ukraine and Russian-backed separatists began in 2014.

The area has become the main focus of Putin's invasion after his troops failed to take over Kyiv earlier this year.

The Russian military has kept up a constant barrage of artillery and missile strikes across the region for several weeks.

The Kremlin claims the goal of what it calls its "special military operation" is to take control of both Luhansk and Donetsk.

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Putin's horror plot EXPOSED as despot tries to blame slaughter of POWs on West - Express

Update: Urban One CEO asks Richmond to focus on casino referendum in 2023 instead of this fall – Richmond Times-Dispatch

Speaking at a community meeting in the city district where national media conglomerate Urban One has sought to build a nearly $600 million casino resort, Liggins said he has asked the city to suspend its plan to hold a second casino referendum this year because of the legal situation and uncertainty about whether it could be litigated and resolved before the election process begins next month.

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Alfred Liggins, CEO of Urban One, speaks during a district meeting at Satellite Restaurant & Lounge Thursday, August 4, 2022. Councilmember Reva M. Trammell called the gathering to talk about bringing a casino to Richmond.

After 51% of Richmond voters rejected the casino plan last year, the Virginia General Assembly in June adopted a budget that included a provision prohibiting Richmond from holding another referendum until 2023, and only after the state completes a study about the potential economic impact a casino located in Petersburg would have there, about a 30-minute drive south of Richmond.

This has created a legal conflict and a huge cloud of doubt, Liggins said before an audience of approximately 100 people at the Satellite Restaurant and Lounge on Richmond Highway, about one mile from the proposed casino location at the Philip Morris industrial complex off Interstate 95.

We dont think that a protracted legal battle is in the best interest of the city of Richmond and the state of Virginia, and also would probably not get decided in time for us to have early voting in late September, he said.

In a statement Thursday evening, the city announced it would file a petition to remove the question from the ballot for this years election.

Understanding Urban Ones reason, the city stands ready to move the proposed One Casino and Resort forward in 2023, the statement reads. This temporary delay will not deter Urban One or the City of Richmond from working together to ensure a bright future for our residents.

After last years referendum, several state lawmakers and officials from the city of Petersburg pushed to amend the states new casino gambling law so that Petersburg residents could decide whether a casino should be built there.

The casino law, originally adopted in 2020, authorized only Richmond, Norfolk, Danville, Bristol and Portsmouth to permit casinos with the approval of local voters. Voters in every locality but Richmond have since approved casino plans in their communities.

While legislative efforts to add Petersburg to the list failed earlier this year, Sen. Joe Morrissey, D-Richmond, and other lawmakers sought to block a second Richmond referendum this year through a budget amendment.

Richmond officials said at the same time that they wanted to roll the dice again, often highlighting how $30 million in projected annual tax revenue for the city had been left on the table. Seeking to make the project more appealing to voters in a second vote, Richmond Mayor Levar Stoney also proposed cutting the citys real estate tax by 2 cents if the referendum passes.

Urban One and city officials have contended that the budget provision was unlawful, as the Richmond City Circuit Court had already granted the citys request for another ballot referendum prior to the adoption of the state budget.

In a joint statement after the state budget was passed, both Urban One and the city said they would work together to resolve the issue, potentially through litigation, to still hold the referendum this year.

Carl Tobias, a University of Richmond law professor, said the law is clear that Richmond cannot hold the referendum this fall.

The budget would generally supersede any prior court order, and someone would probably challenge Richmonds efforts to conduct the referendum, if the city decides to proceed, Tobias said in an email Thursday. If there were no court challenge and the referendum passes, a court might nullify it.

Just hours before the meeting Thursday night, Morrisseys office disclosed that he and Del. Kim Taylor, R-Dinwiddie, had sent a letter to Republican Gov. Glenn Youngkin asking him to intervene if the city moves forward with holding another referendum. Both lawmakers districts include Petersburg.

Though Morrissey had supported the One Casino and Resort project in Richmond last year, he has since advocated for allowing Petersburg to hold its own referendum.

In the letter to the governor, the two state legislators said they had contacted Keith Balmer, the citys elections director, to determine whether the city has ordered him to include the referendum question on the election ballots for this year. The letter says they were not provided a definitive answer, as Balmer said the city had not told him what to do yet.

We find this answer unacceptable and shows Richmonds intent to possibly ignore the law, the letter to the governor says. We are respectfully requesting that you direct the Attorney Generals Office to utilize its legal authority to prevent Richmond from placing the above mentioned referendum on the November, 2022, ballot.

Balmer told the Richmond Times-Dispatch in an interview Wednesday morning that he had asked city officials to let him know within the next three weeks, as he must soon print the ballots so that the citys office of elections can be ready to send out mail-in ballots and begin early in-person voting on Sept. 23, in accordance with state election law.

In an interview Wednesday, before he and Taylor sent the letter to the governor, Morrissey said city leaders have been making a mistake in continuing to promote the idea that another referendum could be held this fall.

I dont know what to say. ... Theyre misleading their constituents, he said. It shows complete and utter disregard for the laws of the commonwealth.

Cathy Hughes, founder and chairperson of Urban One, speaks during a district meeting at Satellite Restaurant & Lounge Thursday, August 4, 2022. Councilmember Reva M. Trammell called the gathering to talk about bringing a casino to Richmond.

Alfred Liggins, CEO of Urban One, speaks during a district meeting at Satellite Restaurant & Lounge Thursday, August 4, 2022. Councilmember Reva M. Trammell called the gathering to talk about bringing a casino to Richmond.

Alfred Liggins, CEO of Urban One, speaks during a district meeting at Satellite Restaurant & Lounge Thursday, August 4, 2022. Councilmember Reva M. Trammell called the gathering to talk about bringing a casino to Richmond.

Alfred Liggins, CEO of Urban One, spoke during a community meeting at Satellite Restaurant and Lounge on Thursday.

Alfred Liggins, CEO of Urban One, listens to Councilmember Reva M. Trammell speak during a district meeting at Satellite Restaurant & Lounge Thursday, August 4, 2022. She called the meeting to talk about bringing a casino to Richmond.

Alfred Liggins, CEO of Urban One, speaks during a district meeting at Satellite Restaurant & Lounge Thursday, August 4, 2022. Councilmember Reva M. Trammell called the gathering to talk about bringing a casino to Richmond.

Cathy Hughes, founder and chairperson of Urban One, speaks during a district meeting at Satellite Restaurant & Lounge Thursday, August 4, 2022. Councilmember Reva M. Trammell called the gathering to talk about bringing a casino to Richmond.

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Update: Urban One CEO asks Richmond to focus on casino referendum in 2023 instead of this fall - Richmond Times-Dispatch

2 wounded in ambush of armored vehicle at Hustler Casino; suspects at large – KTLA Los Angeles

Two guards were wounded during in the brazen robbery of an armored van at the Hustler Casino in Gardena Thursday morning, officials said.

The guards were ambushed as they were getting out of the vehicle, Gardena police Lt. Christopher Cuff said during a news conference.

Gunfire was exchanged and at least two suspects got away with an unknown amount of cash.

One guard was shot in the leg and is expected to survive, police said in a news release. The other guard suffered cuts and lacerations, Cuff said.

Video shared with KTLA showed one of the injured guards being looked after by two people before first responders arrived.

Witnesses described seeing a suspect run toward the nearby Loyal Order of Moose, but no one was found after an extensive search of the area.

No arrests have been made.

The shooting resulted in a massive law enforcement response to the area, as police and fire crews set up a crime scene perimeter around the casino, located at 1000 W. Redondo Beach Blvd.

Aerial video from Sky5 showed casino employees and patrons were evacuated.

A truck was getting ready to come in and next thing I know they start pulling out guns, Alvin Spencer, a patron of the casino, told KTLA.

He described the scene as chaotic.

Thats all I was doing, running, because they let off shots, so I had to get the hell out of there. Thats what I did, Spencer said.

A business owner across the street from the casino said he heard 12 to 15 shots.

My initial reaction was hit the floor, the business owner said. He eventually made his way outside and saw a man running from the scene.

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2 wounded in ambush of armored vehicle at Hustler Casino; suspects at large - KTLA Los Angeles

Best Online Casinos in Canada: Reviewing the Top 20 CA Casino Sites Online – News 3 WTKR Norfolk

Disclaimer: This is a sponsored content. All opinions and views are of the advertiser and does not reflect the same of WTKR.

The best online casinos in Canada have got the best games, the most exciting bonus offers for Canadian players, and they're 100% safe and legit.

Our team of iGaming experts have been hard at work updating and expanding their list of the best CA online casinos that are available right now. We applied a set of criteria that all online casino sites had to meet in order to make the list.

If a casino came up short? It didn't make the cut.

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Best Online Casinos in Canada

1. Jackpot City - Best Canadian Online Casino Overall

Jackpot City

Pros:

Cons:

Jackpot City has been around for over 20 years. During that time, its paid out millions in jackpots, added a high-quality mobile app - and essentially given its customers the all-star treatment that makes iGaming so much fun.

Today, it continues to excel, and its our best Canadian online casino overall. Lets see why.

Casino Games: 5/5

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These include Mega Moolah, which has a C$1,000,000 minimum jackpot win, and Wheel of Wishes, which has a current jackpot of over C$14,000,000.

As well as progressive jackpots and online slots, you can also play all the classic table games, as well as live dealer games and bingo games.

In total, there are around 500+ games here.

Bonuses and Promotions: 4.8/5

Another reason Jackpot City is so popular is its generous welcome bonus. As it stands, new players can claim a C$1,600 welcome offer that covers your first four deposits. Each deposit bonus is a C$400 matched offer, but its up to you whether to opt-in to all four.

Wagering requirements are a tad steep but you do at least get a few days to play through them.

Other than that, the main focus at Jackpot City when it comes to boosting your bankroll is on the jackpot games.

However, there are daily and weekly specials that change frequently, as well as a loyalty program that rewards you over the long term.

Payment Methods: 4.9/5

Jackpot City pretty much covers all the bases when it comes to Canadian payment methods. The likes of Interac, EcoPayz, InstaDebit, and PaySafeCard are all here, and you can also pay via iDebit, electronic checks, and - of course - VISA and MasterCard.

Occasionally, Jackpot City will request the ID of a new player before a withdrawal can be made for the first time.

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Jackpot City is one of the most reputable Canadian online casinos today. It was launched in 1998 and has an unblemished record.

It has consistently paid out huge sums of money to players, and its known for its reliable service.

Its owned and operated by Baytree Ltd. and has a Kahnawake Gaming license.

Misc: 4.9/5

Its well worth mentioning that Jackpot City has a mobile app available, which makes playing online casino games on the move so much fun. Its responsively designed, and theres also a section on the website specifically for mobile games.

Ready to get started at the best online casino site in Canada? Click here to join Jackpot City today.

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2. Spin Casino - Best Slots of all Canadian Casinos Online

Spin Casino

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If you love slots and you live in Canada, you might want to give Spin Casino a spin.

Here, youll find the best online slots here (a total of 400+!), including mega jackpots like Cash N Riches Megaways, while Spin Casino are constantly updating their library with the latest and greatest games.

Casino Games: 5/5

Slots give you the best chances of winning, which is what makes playing at Spin Casino so attractive for so many players.

The likes of Cash N Riches Megaways, Mega Moolah, and Major Millions are all about the jackpots, but there are also classic titles and popular slot games here as well, such as Starburst and 11 Coins of Fire.

That said, Spin Casino isnt just about the slots. Theres also a great selection of live dealer games provided by Evolution here, while a separate Vegas section gives you the chance to choose from even more high-quality games.

Bonuses and Promotions: 4.5/5

Spin Casino has a similar welcome bonus to our top pick, Jackpot City. But because Jackpot Citys offer is more generous in how much you can double your deposit, we have to knock half a point off Spin Casino on this front.

The Spin Casino welcome offer is an up-to C$1,000 package thats spread across your first three deposits. Your first deposit is worth C$400, while your second and third deposits are worth C$300 each.

Other than that, the best way to take advantage of offers at Spin Casino is by entering the 8-tiered loyalty club. As you move up the tiers, youll be rewarded with exciting perks and prizes.

Payment Methods: 4.8/5

Spin Casino accepts 15 payment methods, many of which are popular with Canadian players.

Ways you can fund your account include Interac, PaySafeCard, NeoSurf, iDebit, VISA, and MasterCard.

Once youve requested a withdrawal, you might have to wait until 24 hours have passed, at which point your money will be released from a pending period and the withdrawal will be processed.

Reputation: 5/5

Spin Casino has a reputation for paying out millions in jackpot winnings. Its reliable, SSL-secured, and we had zero issues playing games here (and requesting withdrawals).

And while Spin Casino was launched a little bit later than our top pick, Jackpot City, it still has over 20 years of experience and a high trust rating. Its also fully licensed.

Misc: 4.8/5

Spin Casino works excellently on mobile. We also found the customer support here to be fantastic, and demo games are available.

Want to play the best slots in Canada? Click here to sign up to Spin Casino today.

3. Red Dog Casino - Best New Canadian Casino Online

Red Dog Casino

Pros:

Cons:

Red Dog Casino is a stylish new casino site aimed at Canadian players. It gets you started in the best possible way with a 225% welcome bonus and then treats you to regular reload bonuses that bump up your deposits all week long.

Casino Games: 4/5

Red Dog Casino has a tight selection of just over 200 real money games. These include the usual - slots, blackjack, roulette, and video poker variants - as well as a handful of more niche games like scratch cards and board games.

There are also over 10 live casino games, although you cant see them as a guest.

And while 200+ isnt the biggest selection of games weve seen, theyre all provided by RealTime Gaming, which guarantees smooth gameplay and epic payout potential.

Bonuses and Promotions: 4/5

New players at Red Dog Casino can get started with a 225% welcome bonus. As part of this deal, you also get 35 free spins.

However, not all games are eligible for the welcome offer, so this is something to check before you claim it.

Then, as a regular player, you can claim a reload bonus each time you deposit either $30, $75 or $150. This is a 24/7 bonus, which means its available at any time.

Payment Methods: 4/5

As a new casino site, its no surprise that Red Dog Casino lets Canadians pay with cryptocurrency. The likes of Bitcoin, Ethereum, and Litecoin are accepted, and withdrawals are typically processed within minutes.

If youre playing with Canadian dollars, you can deposit and withdraw using VISA, MasterCard, PayID, bank transfer, and NeoSurf, but withdrawals will take around 8 hours.

Its also worth mentioning that if you make a NeoSurf or Bitcoin deposit and then claim a reload bonus, Red Dog will add on a little extra on top of the regular promo.

The minimum $150 withdrawal, however, is sure to frustrate some players.

Reputation: 4.7/5

Because Red Dog Casino is so new, it doesnt have a strong reputation like some other sites just yet.

On the flip side, its owned by a reputable company, its fully licensed to operate in Canada, and it already has plenty of positive customer reviews.

The fact that its games are provided by RT Gaming is another major seal of approval.

Misc: 4.5/5

Red Dog is constantly innovating with their bonuses. You can spin the bonus wheel to win cash prizes or free spins, and indeed free spins are handed out on the regular here.

And as we mentioned earlier, this is a stylish online casino thats easy to use.

Click here to join Red Dog Casino today.

4. BitStarz - Best Online Casino in Canada for Crypto Players

BitStarz Casino

Pros:

Cons:

Looking to play casino games with cryptocurrencies?

BitStarz is one of the best Bitcoin casino sites that lets you play over 3,800 games. You also get to choose your own welcome bonus and benefit from state-of-the-art software that ensures slick iGaming action and huge jackpots.

Casino Games: 5/5

BitStarz has more choices than most other online casinos when it comes to game selection. Here, you can play thousands of slots, as well as hundreds of classic table games.

Theres a separate section for the live casino games, where the maximum stake exceeds $15,000 on some tables.

BitStarz is also adding new games all the time and has a blog that explains the rules behind their latest picks.

And if youre not sure which game to choose? Theres a Feeling Lucky? tab that chooses games at random for you.

Bonuses and Promotions: 5/5

BitStarz is unusual among the top Canadian online casinos in that theres a no deposit bonus to get you started. This entitles you to 25 free spins, but the catch is that youll need to make a first deposit before you can withdraw any winnings.

Alternatively, you can claim an up to 5 BTC welcome bonus that covers your first four deposits, or you can opt-in from the get-go to the VIP club. If you do this, you can grab a 125% up to 1 BTC VIP welcome bonus instead, which also nets you 100 free spins.

Regular players can then take advantage of 25% cashback each weekend, as well as free spins every Wednesday. Exactly how many spins you get depends on how much you deposit.

Payment methods: 4/5

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Best Online Casinos in Canada: Reviewing the Top 20 CA Casino Sites Online - News 3 WTKR Norfolk

Caesars’ Isle Casino opens up as rebranded Horseshoe Black Hawk property with a ribbon-cutting ceremony in Colorado – Yogonet International

Isle Casino Hotel Black Hawk in Denver has now reopened under the Horseshoe brand following Caesars Entertainment's process of rebranding announced in March, whose completion was celebrated Friday with a ribbon-cutting ceremony. The property is now known as Horseshoe Black Hawk.

The venue features a renovated exterior and "reimagined" casino floor. Even though refurbishment is not yet over, and the casino will continue to make changes in the fall, Horseshoe Black Hawk will remain open through the rest of the process.

The property consists of a 42,400-square-foot gaming complex, with more than 900 slot machines. The existing Roxy Restaurant and Bar will soon be joined by Brew Brothers later this year, among other planned changes.

"The transformation into the iconic Horseshoe brand will only enhance the experience for our guests," Horseshoe Black Hawk senior vice president and general manager Norris Hamilton said, according to The Denver Post. "We couldnt be more excited to bring this legendary brand to Colorado and continue to offer unparalleled and elevated experiences.

Horseshoe is one of many brand names operated by Caesars Entertainment, with Caesars Palace, Harrah's, Planet Hollywood and more also among them. At more than 50 resorts, Caesars is considered to be one of the biggest companies within the casino and entertainment industry in the US.

Black Hawk, a former mining town, is west of Denver and is home to around a dozen casinos. Its Mayor David Spellman said referred to Horseshoe as a "legendary casino property and a legendary name," and added: "It fits in the Rocky Mountains, it fits in Colorado and it fits in the city of Black Hawk."

In keeping with Horseshoes style, the design team in charge of the venue's transformation will incorporate handcrafted feeling with tooled leather, colors and the brands signature gold horseshoe iconography. The poker room will also undergo a transformation into a newWSOP-branded amenity.

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Caesars' Isle Casino opens up as rebranded Horseshoe Black Hawk property with a ribbon-cutting ceremony in Colorado - Yogonet International

From an HVAC tech to a casino facility director: Eric Daniels from Spuyten Duyvil makes his move to Empire City – The Riverdale Press

By Gary Larkin

Eric Daniels career took a circuitous route that started out on an Alaska Air Force base, included pit stops at apartment buildings and a large hospital and wound up at one of the largest gaming floors in the country.

For the Detroit native, his Armed Services Vocational Aptitude Battery test he took back when he was in high school turned into a successful career as a HVAC technician. And after 20 years working with heating and air conditioning systems and the like, Daniels has been promoted to director of facilities at MGM Resorts Empire City Casino in nearby Yonkers.

As a major cog in the wheel of the ever-expanding casino, Daniels, who now lives in Spuyten Duyvil, is responsible for the maintenance of the entire physical plant, infrastructure, operating systems and grounds. He worked his way up from facilities manager at MGM Detroit and MGM Springfield, Massachusetts.

My responsibilities have definitely grown, Daniels said. As a facilities manager, I was just managing and overseeing the staff. His job calls for him to work with plumbers, electricians, HVAC engineers, carpenters and painters.

And with the Empire City Casino slated to grow once again as it awaits approval of a gaming license for a sports book, Daniels will add even more to his list of everyday tasks. The anticipated project is expected to be an economic boon for the region encompassing Westchester and the Bronx, delivering over $1 billion of economic activity, generating nearly 2,500 new positions at Empire City and creating an additional 10,000 indirect and induced new jobs in the region.

There will be some construction that will take place, he said. That would grow my role even more. There is a lot more I oversee. There are the construction projects and compliance of the casino.

If Empire City lands any of the three gaming licenses to be offered by the state, Daniels expects a lot more construction projects.

Empire City is already one of the largest entertainment and gaming destinations in the Northeast with harness racing at Yonkers Raceway and nearly 4,700 slot machines, electronic three-card poker, blackjack, craps, roulette, baccarat and sic bo table games. MGM Detroit is a 147,000-square foot casino that includes a sports book and 30,000 square feet of flexible event space.

Daniels represents the level of opportunity for leadership, growth and career development offered by MGM Resorts, as he continues to rise through the ranks of our global company with this well-deserved promotion, said Ed Domingo, senior vice president and general manager for Empire City Casino.

Daniels also represents MGMs commitment to creating quality career opportunities for those who have served, and also giving back to our veterans customer base through unique programs that highlight our ongoing and longstanding commitment to our countrys heroes.

For Daniels, he started out in a Detroit neighborhood where his father was communications technician for AT&T and his mother was a nurse working nights. He knew his decision to join the Air Force was one that would lead him on a fruitful career.

My ASVAB showed I was strong in a couple of areas, said Daniels, who was a young Air Force recruit when he took the test. It put me in civil engineering. It was the closest area to architecture.

That was one area he really liked while attending Finney High School in Detroit. In high school, I had a drafting class, he said. I thought it was cool to design things.

Daniels learned the HVAC trade while stationed at Elmendorf Air Force Base in Anchorage between 1998 and 2002.

After the military, an HVAC background has kept me gainfully employed, he said. I became a maintenance tech for apartments.

He even worked at a major hospital where he recalls a situation where he certainly got troubleshooting and managerial training on one specific night. We had sewer ejection pumps, Daniels said. The system used (switch) pumps. The switch failed that night.

There was an electrician on call. So, I called him and we had to jump out the switch. I had to jump out the sewage manually. It was one of the most unforgettable moments for me.

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From an HVAC tech to a casino facility director: Eric Daniels from Spuyten Duyvil makes his move to Empire City - The Riverdale Press

Blake Shelton to replace Toby Keith for Spotlight 29 Casinos Veterans Day concert – Inland Valley Daily Bulletin

Country music star and TV personality Blake Shelton will be the new headliner of the A Salute to Our Heroes concert at Spotlight 29 Casino.

This event is the second country show that the casino has hosted for veterans. The first was headlined by another country star, Toby Keith, in May 2021. Keith was scheduled to return for this years show but opted out due to health concerns

In June, Keith made a post via social media which mentioned that he had been battling stomach cancer and needed some time to recover and rest.

This years Veterans Day show will be Sheltons first time performing at Spotlight 29 Casino. He is best known for his role as a judge on the reality television competition show The Voice and country hits such as Austin, Boys Round Here and God Gave Me You.

The event will also serve as a charity fundraiser for local organizations such as The American Legion, Independence Fund, Riverside and San Bernardino County Deputy Sheriff Relief Funds, and the CHP 11-99 Foundation.

Tickets for the concert go on sale Friday, Aug. 12 at 10 a.m. on Ticketmaster.com.

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Blake Shelton to replace Toby Keith for Spotlight 29 Casinos Veterans Day concert - Inland Valley Daily Bulletin

MGM Resorts Expresses Interest in Thailand Casino, Steady on Macau – Casino.Org News

Posted on: August 4, 2022, 07:22h.

Last updated on: August 4, 2022, 07:47h.

MGM Resorts International released its latest financial health report this week, reporting over $2.1 billion in revenue for its Las Vegas operations. In an earnings call on Wednesday, the gaming operator offered insight into its Asia Pacific future, which could hold several changes.

MGM is currently considering become the second US-based operator in Thailand. The country itself is in the process of considering whether or not opening a land-based casino market is viable.

MGM CEO and President Bill Hornbuckle highlighted the companys interest in Thailand during the earnings call, according to Inside Asian Gaming. He also provided a hint about the companys continued interest in maintaining casino operations in Macau.

MGM currently has a lot going on in the Asia Pacific theater. It has long been a part of Macaus gaming market and hopes Japan will approve Osakas integrated resort (IR) proposal later this year.

MGM knows it will have a huge financial commitment if the Osaka project moves forward. Along with its consortium partners, it will need to spend at least $2.5 billion to fund the IR. In addition, it has other financial obligations for the improvement of infrastructure in the area.

However, the company is optimistic about its financial stability. Its recent quarterly financial announcement supports this, as does the almost $6 billion in cash and cash assets it has on hand.

As a result, MGM knows that Japan can be another cornerstone for the company in Asia. The IR would be just one of several possibilities it undertakes in line with continued M&A activity in the global casino ecosystem.

Along with that activity is a consideration to enter Thailand. The country has yet to finalize whether it will develop a casino market. However, Hornbuckle indicated that the company will watch what happens in the country.

Still, he cautioned that Japan may consume most of its resources should its IR in Osaka move forward.

In Macau, where MGM runs its MGM China subsidiary, the SARs casino future has several unanswered questions. Theres little doubt that the company wants to continue to be a part of the market. However, it will keep its options open as the industry changes.

Macaus six licensed casino operators are now beginning to submit their applications for new concessions. Over the next five months or so, a committee will review the applications before the SAR issues new licenses at the end of the year.

Macau is making considerable changes to how it issues concessions, as well as the obligations of the operators. Notably, it wants upfront and continuous financial investments from the operators.

Hornbuckle stated in the earnings call that a significant investment would have to be something MGM China would have to really understand and study. The investments and the 10-year shelf life of the new concessions change the panorama of gaming in the SAR.

The executives comments on Macau dont reflect any desire to exit the market. However, amid ongoing losses and continued COVID-19 issues in the city, expanding operations beyond current capacities in Macau might be off the table.

Still, there is much room within its current structure to fill in some gaps. With the move away from junkets, MGM has dead space where it can incorporate new options, such as activities related to sports and culture. Both are high on the priority list for Macau going into its new era under Chinese rule.

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MGM Resorts Expresses Interest in Thailand Casino, Steady on Macau - Casino.Org News

Casino mini-games and how to play them – Business Insider Africa

At the moment, this seems like the most favorable option, considering how people prefer to gamble. However, one area in which MyStake impressed us was their mini-games. Because of this, we'll be providing a comprehensive overview of them. Below you'll find a guide to these games and how to play them.

1. Chicken

One of the most popular options on MyStake is their simple, funny, and highly engaging mini-game Chicken. The game itself was created by Upgaming, a well-known casino game developer. As a result, when playing the game requires little brain work.

Instead of being intense and hard to play, it follows a simple game design - like Deal or No Deal, the famous UK game show. The game consists of 25 hidden images: Chickens and Bones. To win, you need to open as many Chicken images as possible. Unfortunately, when you get a bone, it doesn't account for anything. Therefore, when choosing, choose wisely. One bone is enough to wipe the entire stake.

As you can guess, more bones equal bigger winnings. The winning amount will increase when choosing a hidden image with a chicken. When playing this game, the smallest bet is 0.01 USD/EUR, and the largest is 1,000 USD/EUR.

2. Wheel

Another game that users are fond of is Wheel. The Wheel is an excellent game and is seen on most online casino platforms like the non-Gamstop casino MyStake. Arguably, Wheel (aka Spin the Wheel) is one of the more well-known games MyStake offers.

Like Chicken, Wheel comes from a popular game show but from the United States. The game was premiered on Fox by an American comedian called Dax Shepard. How to play Wheel is another simple-to-play game that seems to be the current trend. When playing, a color wheel on the screen will be split into different sections.

The sections are customizable and work similarly to odds the more segments, the higher chances of winning big. For example, with Wheel, the lowest coefficient of the win is 1.20x, and the most significant is 49.5x.

3. Blackjack

If you're into online gambling or gambling, you've heard of or played Blackjack. Worldwide fans love this game. The main reason for this game's enjoyment solely comes from its simplicity. In general, Blackjack provides a good source of entertainment. However, it isn't as simple as many think. The game requires strategic thinking and tests how you perform under pressure.

But after playing it for a little while, you'll quickly understand how it goes. How to play Although the game is simple, there's more to learn than others on the list. The game aims to score 21 based on a pack of cards. If you exceed a score of 21, you lose. However, plan correctly; you'll win.

4. Keno

The last game available on MyStake is called Keno. Keno is similar to a lottery-like mini-game where users can select numbers between one and forty and place bets. When you begin playing, a bright board will appear where there are forty squares in a row.

If your ten-selected numbers are chosen, you will win the bet. How to play Playing this game doesn't require any complicated maths; it's effortless. To start, you'll pick ten of your favorite numbers from one to forty. Then, the game will highlight ten numbers after you click or press the bet button.

If your number match, you'll win. To increase the stakes, you can change the difficulty of the game. For example, on Keno, there are four different games, each offering more or less than the others.

Conclusion

Now you've read this post. It's easy to understand the different games on MyStake. Considering it's a non-GamStop casino, the games available are excellent. They're not only entertaining but simplistic. When you combine each of these elements, gambling-related games become remarkably fun. We recommend playing any of the games above.

Whether new to gambling or a veteran, they're perfect for all experience levels. So to start playing today, check out their website and enjoy some of the fairest casino games available.

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Casino mini-games and how to play them - Business Insider Africa