Posts Tagged ‘Casinos’

Perhaps it’s time to leave the stock exchange and head for the casino

February 8th, 2010

Looking to gamble? Go east young man

The most impressive building on earth is a casino! It’s the Venetian Macau and is owned by the Las Vegas Sands Corporation belonging to one of the world’s richest men, Sheldon Adelson. Built on the Cotai strip in Macau, the casino is currently the biggest in the world and a triumph of human architecture. It is also the third largest building in the world. Officially opened on 28 August 2008 The Venetian is part of an 8 part development that isn’t matched anywhere else on this planet.

The new Las Vegas?

In the future gamblers can spend their money not only in the massive Venetian, but also bed themselves in some other top class hotels, all within walking distance.

• The Venetian Macao
• Four Seasons Macau
• Far East Consortium
• City of Dreams
• Shangri-La and Traders
• Sheraton and St. Regis
• Hilton and Conrad
• Fairmont and Raffles

Construction is going on at a rapid pace and once this is all built it will be the largest strip of casinos anywhere, making the mighty Las Vegas blush with envy.

The Venetian Macau

The Venetian Macau is so huge that you could fit 90 Boeing 747 jumbo jets into it. Visitors will find 3,000 suites, 1,200,000 square feet of convention space, 1,600,000 square feet of retail shopping, 550,000 square feet of casino space – the largest in the world, housing 3,400 slot machines and 800 gambling tables. It includes a 15,000 seat arena for entertainment and sports events.

The gamblers

The hotel offers so much entertainment that you could while away there for weeks without being bored for a minute. Just make sure you take enough money with you. The hotel’s very own Paiza Club caters to the high rollers of society and a suite costs along the lines of HK$2,000 a night. But, and here’s the good news, if you are going to be gambling in the casino, you stay there for free for the time of your visit. Everyone’s wish is fulfilled free of charge. Paiza Club guests are supplied with their own butler, direct access to their suite, private gambling tables and its own reception and lobby. Staying at the Venetian Macau will put a new spin on travel and hotel accommodation for anybody that ever sets foot into this amazing building.

Adelson the Dropout

Sheldon Adelson grew up in the Dorchester neighborhood of Boston, Massachusetts, a rough-and-tumble section of Boston, where his father drove a taxicab. He worked at a young age selling newspapers on local street corners and owned his first business by the time he was twelve. In the years that followed, he worked as a mortgage broker, investment adviser and financial consultant. He started a business selling toiletry kits, and in the 1960s he started a charter tours business with two friends. Today he is on the Forbes list of the world’s richest.

Tags: Casinos, Las Vegas, Las Vegas Sands Corporation, Macau
Posted in Economy, Finance | 1 Comment »

Can The Stock Exchange Guru Lead You To Your Next Fortune?

January 9th, 2010

Forecasting your way around the stock market
I play the stock market for 2 reasons: I enjoy it and I like making money without working. I guess I’m a gambler at heart but I don’t have the guts or the wherewithal to go to the casinos so I play on the stock exchange under the maybe-false impression that I can’t lose everything as I could in the casino. When the market is rising I float on a cloud and when it is falling I feel depressed, but my stake is small and should the worst happen, I can afford to lose it. At the moment my cloud is flying high in the sky.

My stock exchange car.
I used to drive a stock exchange car. Some years ago we sold our house and I was flush with money. I decided to invest a few thousand dollars in stocks and one evening I came across a company called Yahoo. I knew the name from my computer activities so I bought a hundred shares at $15 each. They began to rise. Then there was a rights issue and I suddenly had 150 shares and the price kept going up. It reached $117 before my nerve broke and I sold the shares, rushed downtown and bought a brand new car. What a coup, I thought, a free car, bought at the cost of 2 phone calls to a broker. I doubly enjoyed that car for years.

Our old friends
Three years ago we visited old friends in Canada. She was desperately ill after a stroke and her husband refused to leave her even though they had a full-time care giver. I asked him how he passed the time and he led me to his study which contained a long worktop and a few computers. “I play the markets,” he said. He belonged to one of these share advisory services and faithfully followed their tips, playing with enough money to do everything they suggested. The market was rising steadily in those days and so was the value of his portfolio. He tracked everything and the walls were plastered with print-outs of rising graphs. “You should join the guru-service,” he said.

I join up with a guru
Back home I did just that. I invested $6,000 and started playing. The tips came fast and furious and I chose and bought shares with a cash advance. Some were good and some were not. My fund rose to $7,000 in a year and then came the crash. I watched my fortune drop to $2,000. The renewal notice came from the guru service and I tossed it. I began playing on my own, buying and selling shares for small gains or losses. My fund is within reach of $9,000 now. The gurus keep writing to me and offering me advice. I sometimes check their results and in my opinion they know no more than I do. But then again, they are making money selling their advice.

Payday Loans

Tags: Casinos, Gambling, Stock exchange, Stock Gurus, Stocks
Posted in Economy | No Comments »

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