HOW IT WORKS |
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How it Works : THE COMPUTER |
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Memory Machines |
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THE UNEXPLAINED |
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HOW STUFF WORKS |
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Virgin boss plans string of casinos |
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BY SARAH GETTY
VIRGIN tycoon Sir Richard Branson is considering opening a chain of casinos in Britain.His senior advisers said the group could open its first gaming house in 18 months. Sir Richard became a member of the British Casino Association last week, ten weeks after launching an online casino. With little marketing, it has already attracted 35,000 players. The Virgin brand, according to the company's market research, is said to resonate with potential gamblers. And Sir Richard's advisers are excited by potential tie-ups with his mobile phone business, his megastores and a possible bid for a National Lottery licence. Sir Richard believes his experience flying 300,000 people a year to LasVegas, a major Virgin Atlantic route, has given him an understanding of the gambling industry. His entrance would cause shockwaves in the industry in Britain, which was growing confident it had seen off an invasion by overseas conglomerates. The Government is expected to announce tomorrow that the first wave of so-called mega casinos will be capped at one venue per region, with no more than nine in total. The decision will be a blow to Las Vegas operators who were hoping for more than 20. Each mega casino will have 1,250 machines, each offering a potential £l milllion prize. [Metro, November 15, 2004]
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BY JOEL TAYLOR |
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MANCHESTER was yesterday the shock choice as the site for Britain's first
Las Vegas-style supercasino - sparking threats of legal action. The 16/1
outsider - sitting bottom of the seven bidders - was chosen ahead of hot
favourites Blackpool and Greenwich. Now the decision could trigger a series
of legal challenges from those who failed. In Blackpool, head of development
Alan Cavill said: 'We will fight this decision by lobbying and try to change
it. We are absolutely gutted.' |
Ladbrokes gambles on 888.com deal
LADBROKES is reportedly looking to buy online gambling site 888.com for £440million. Under the proposed takeover, Ladbrokes would strip 888.com of its assets, rather than acquire the Gibraltar-based operator as a whole. This would maintain separate identities for the two companies and could help Ladbrokes avoid possible legal action in America. Many Internet gaming companies were forced out of the US last year after online gambling was outlawed by Congress. 888.com halted its entire US operation when the law came into effect last October and its share price dropped by 45 per cent. It is believed Ladbrokes wants to use 888.com as a way of getting into the lucrative Asian gambling market. |
* For this read "A sub-culture of scumbags who mug people will be created" -that area of Manchester is already full of disenfranchised low-IQ low income numbskulls - adding casinos will raise the crime rate as people who can afford to gamble get robbed by those who cannot - and anyone who does gamble who cannot afford it will become even more disenfranchised. Innumeracy of the people in that area will be exploited and the "social impact" will not be one of regeneration but of disparity between the haves and the have-nots. |