New casino intends to be more about entertainment than gambling

The head of Edmonton s most recent casino states the downtown facility will be a less about gaming and more of a home entertainment location when it changes the aging Baccarat Casino in September.

Tony Santo, CEO of Gateway Casinos and Entertainment, toured the construction site for the Grand Villa Edmonton nearby to Rogers Place on Wednesday.

He said the company anticipates to open the casino in September.

We enjoy with the development it is coming along," he said. "There are over 150 workers on the property today and there is about that lots of working two shifts daily."

Entrance owns both the Baccarat and the Grand Villa Edmonton, but Santo said they are extremely different from one another.

He said the Baccarat is an outdated facility and doesn’t reflect where the market is headed.

It’s a night and day distinction. This casino has just one restaurant. It is truly just slots in a box, he said.

The Grand Villa is set to have 3 dining establishments and food court location.

Santos said the design and finish of the brand-new structure will likewise be a substantial upgrade.

This is like a Yugo [a much-maligned car built in eastern Europe] You’re going to be looking at a Ferrari which’s the very best I can describe it."

He stated gambling establishments are becoming more about the home entertainment experience and less about gambling.

Exactly what we are actually trying to do is to attract another kind of customer and that’s the person who wishes to be amused, whose primary objective is not to gamble, however to be entertained, he stated.

Santos stated part of the opening procedure in September will include dealing with the AGLC to ensure resources about responsible gambling are on hand.

The Baccarat Casino will close its doors when the brand-new building opens.

Santos could not state exactly what will occur to the building because the company not owns it.

The Katz Group owns the land however have not yet revealed their plans for the building.

Broke: Australian film hailed for uncompromising representation of gambling addiction and sport

The movie Broke is yet to bring in a mainstream theatrical release however it has currently won a string of international awards and commendations, visiting the nation at small invitation-only screenings.

The screenings are being hosted by gambling counselling services and other support groups.

Broke is the tale of exactly what is left behind after the full-time whistle has actually blown, the crowds have actually gone home, and a champ player has absolutely nothing to draw on except the have to continue winning.

The film is fictional, but writer and director Heath Davis was driven to compose the script after experiencing the emergence in the last few years of the sports betting phenomenon and seeing the impact it is been having on footy fans around him, old and young.

Davis informed AM the primary character 'BK' is based on a variety of individuals he has actually known who have actually been up to gambling dependencies.

"I grew up in a rugby league town in Penrith in western Sydney, so I understand a lot of ex-NRL players and juniors who played rugby league that suffered elements of addiction with gambling," Davis stated.

"I believed, here's a story that I might make on a small budget plan. However likewise something that could resonate and have a genuine social message about an issue that is not going away any time quickly."

"And people are getting moved by it and it's impacting on people which is the most rewarding thing from all of it up until now."

Actor Steve Le Marquand plays the function of the fallen hero, trying and consistently cannot piece his life back together.

Le Marquand said the role pushed him to learn the complex feelings that drive some individuals to end up being addicted to taking a punt.

However, he stated that, unfortunately, he did not need to look far for motivation.

"It was all sort of there for me. Unfortunately, there was a variety of info for me to research. There's a great deal of guys from the NRL who've been through this.

"I had to understand the psychology of it more. What drove individuals to gamble. I spoke with a great deal of specialists also."

The film has actually earned the thumbs up from many of those who work with problem gamblers.

HopeStreet Gambling Help counsellor Sondra Kalnins stated "every issue that a problem gambler experiences was covered in the movie ranging from desperation, anxiety, homelessness, monetary crisis, relationship crisis, as well as the thoughts of suicide."

Problem gambling counsellor Rhonda Woodford added "it is among the few movies that really informs the truth about gambling."

"A great deal of movies focus on the gambler being the hero, and the ladies, and being very popular but this actually informs the other side, individuals who are having problem with a gambling dependency."

It is insights into these concerns that make the film an important tool for those who deal with issue gamblers, and their households.

ToviaAlefosio was a young rugby gamer in New Zealand when he initially started laying bets on basically any sport he might get chances on.

It was not long before he was investing all his money feeding his addiction.

Mr.Alefosio stated he saw a great deal of himself in the film's main character.

"I might truly identify with how low he got and I might relate to the anger," he said.

"Gambling made me a really unethical person, an extremely deceitful individual. There's nothing worse than being where I've been because of gambling.

"And because of exactly what I do now I can walk proud and address my phone and stroll the streets without needing to conceal and prevent people."

His fiance' Tully Rosenberg hopes the film will bring a better understanding of gambling dependency to a broader audience.

"To see it up on the big screen and see it de-stigmatised ... I think it's sort of fantastic that people will see it and it will produce an awareness around that issue."

Brexit vote triggers chaos in the betting markets

Recently's British vote to withdraw from the European Union, typically referred to as "Brexit," was an economic bombshell, stressful global financial markets and trade markets.

SBC News reported that 127 million, or $168 million, of volume was traded, including 85 million simply on Thursday, the polling day. To put this in perspective, the state of Nevada smashed the record for Super Bowl betting handle this year when it composed a mere $132.5 million.

Second of all, there was the shocking outcome. As the polls opened, the betting markets still had "Remain" as a 90% likelihood outcome, with the "Leave" in the variety of 6-to-1 and 7-to-1, and at a lot of books the "Leave" didn't end up being the favorite till early Friday morning. In the end, 52% of the voters backed "Leave," and turmoil ensued.

So, how did this all take place? Why existed so much betting interest in the European mandate, and will Brexit affect future political betting markets or the U.S. presidential election in November?

For the answers to these questions and more, Casino City reached throughout the pond to a set of experts in the field: Paul Krishnamurty, an expert gambler and independent political analyst who frequently contributes to Politico, Betfair and, and Graham Sharpe from William Hill, where he has actually spent the previous 4 decades working as a board man, supervisor and, in his present role, media relations director.

Casino City: In all your years of following the European betting markets, have you ever seen such a strange situation?

There's a strong chance that monetary traders were utilizing betting markets to hedge other positions. These massive sums might discuss the big liquidity in markets, which overwhelmed the "knowledge of crowds" theory that generally figures out the preferred.

Casino City: Why did the Brexit vote create so much interest from gamblers?

Sharpe: I haven't heard this point from many individuals but it may be our political system in Britain. The way our system works in general elections is that if someone lives in a certain constituency or location that is traditionally in favor for one celebration or another for several years, they may feel a bit disengaged because they do not feel like their vote will matter because the popular celebration is going to get the bulk. With the mandate, every vote counts as much as the next one and I think that may have encouraged a lot of people to vote that otherwise wouldn't have, and in turn, that raises the level of interest all over, consisting of the betting market.

Krishnamurty: I think it was larger for two factors. First, the possible to associate betting markets with monetary markets. This does not actually use in normal elections and certainly not leadership contests. Second, this just caught the general public imagination a lot more than politics as usual. Everyone in the U.K. is speaking about this still. I've never seen anything engage the U.K. public in politics like this.

Casino City: Graham, how did the amount of action on Brexit compare to past political occasions?

Sharpe: It was a bit less than exactly what we handled last year's Scottish mandate, when we took about 3 million, however because vote we took a single bet for 900,000, which had to do with a 3rd of the total market. That certain customer didn’t have a bet this time around. I actually spoke with him and quite remarkably he informed me he wasn't going to place a bet because he thought it was too close to call, and that was at the time when the betting market wasn't close at all, so he most likely saved himself a great deal of money. In terms of large volume, there was more action for this vote, but in regards to quantity of money wagered it was a little less because it's tough making up for the loss of a six-figure bet like that.

Casino City: What was the amount of the average bet?

Sharpe: It’s interesting that if you take the typical stake on everything we have horses, soccer, American football, baseball, golf, tennis the average stake is around 10. On this mandate, the average bet for "Leave" was 77 and the average bet for "Remain" was 408. From a bookmaking point of view, you can see that it's a much higher level of company.

Casino City: How was the betting market up until now off on the Brexit vote?

Krishnamurty: The outcome was a surprise, provided the late market and poll trends, however not all betting insiders were surprised. Without doubt, opinion survey patterns affected the market.

Sharpe: Of all the bets we took, two-thirds of all the cash was staked on "Remain," but two-thirds of all the bets were on "Leave.".

Casino City: At what point did you understand that the tide was moving and the "Leave" was going to be most likely than "Remain"?

Sharpe: The "Leave" didn’t end up being the preferred at William Hill up until 2:06 a.m., at which point it went to 5-to-6 chances. From then on it was a wave of bets on the "Leave.".

The shift began instantly after outcomes came in, suggesting "Leave" had actually significantly exceeded surveys, but it took a long time for the market to switch. Personally, on the night (of the surveys), I had big bets on "Leave" when it rose to 33% and once again at 42%.

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