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How to Gamble Responsibly and Not Get Addicted?

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Gambling may seem like an innocent way to have fun, which makes many punters unaware of its potential dangers. Sure, you can win some money, or at least have a good time while on vacation, but how to keep gambling in control and make it remain just harmless fun?

The number of problem gamblers is growing predominantly because people see gambling as a reliable source of income or a way out of financial debt. Still, players who think about how and why they gamble do so for decades and never become problem gamblers. Here are some tips that will help you stay on the right track.

 

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Gambling is not a Job

Many players think that just because Doyle Brunson built a fortune on poker, they can do so as well. Before you start thinking of yourself as the next Texas Dolly, remember there is only one Brunson, but there are thousands of players who gambled away their money.

Gambling is not, and should never be considered the primary source of income or investment. All responsible gamblers keep in mind how slots, roulette, and poker are nothing more than a good way to have some fun. If they win – great, and if not – they hope they’ll be luckier next time.

 

Gamble What You Can Afford To Lose

Before you visit your favorite casino venue or online casino, make sure to have your budget done right. Cover all your living needs first, make sure to pay your tuition, bills, utility bills, or whatever expenses you may have, and only then turn to Lady Luck and gamble the night away. When you gamble, remain focused, and have a set budget that won’t affect your lifestyle or your financial plan. In most cases, if you feel uncomfortable about losing that much money – you should decrease the budget predetermined for gambling activities.

 

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Don’t Chase Losses

What is the best way to spend money in a casino? Well, to chase your losses, of course! This bad habit is more common among men than women. It seems that men simply can’t find peace with the fact they have lost, so they spend more and more money trying to catch up.

If you are on a losing streak, maybe it’s about time to leave or shut down your computer. Don’t feel compelled to compensate for your bad moves in a single day. Rather go home, and do something else, only to come back tomorrow or after two days. After all, the morning is wiser than the evening.

 

Limit the Playtime

This tip is important for everyone, no matter what game you enjoy. But, the game of poker in a casino will usually last for at least a few hours, and time flies when you spin the reels on your favorite slot. Also, in poker, for example, you get chips and have to wait for your turn, while when you are playing slots, you are the one who determines the dynamic and gets lost in an exciting adventure, fun characters, and flashy graphics surrounded by catchy tunes.

According to experts from casinohex.jp, most reputable online casinos will offer you a special feature where you can determine how much time you want to spend playing. Once the time is out, you will be blocked from accessing any games, and you can adjust the time only the next day. If you are in a traditional venue and want to spin some slots, you will soon figure out how there are no clocks to help you track time. Still, you can easily set a timer on your mobile phone or just wear a wristwatch to know how long you have been playing.

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Keep a Gambling Diary

For many, this advice might seem funny as diaries are something we usually relate to angsty teens. Keep in mind you can use an Excel sheet, a notebook, or simply track everything in a memo app on your phone.

Write down how much you deposited, how many hands or sins you played, how much money you spend, and how much you have won. This will help you see a broader picture and detect concerning habits like overspending and chasing the losses. You can also write down how you felt that day, and what major events happened, to help you figure out whether certain emotional states affect your gambling moves.

 

Avoid High-Risk Situations

If you are aware that you don’t have as much self-control as you would like, make sure to avoid situations that cause you to act irresponsibly. Maybe you risk out of boredom, or because you had one drink too many, got a raise or a bonus, or because your friend is teasing you that you are a sheep at the poker table. Avoid such situations and keep cool at all costs, as only so can you avoid developing a gambling addiction.

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Blake Sartini

Golden Entertainment Announces Leadership Changes

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Golden Entertainment Inc. announced that effective March 20, 2024, Blake Sartini II, Golden’s Executive Vice President of Operations, became the Company’s Chief Operating Officer.

“Blake has worked in every capacity throughout our organization since he started at Golden almost 17 years ago. His unique knowledge of our Company’s culture, commitment to operational excellence, and strong leadership skills make him the ideal individual to be given responsibility for all our Nevada casino resorts, locals properties, tavern operations and related corporate functions,” Blake Sartini, Chairman and CEO of Golden, said.

Blake Sartini II initially joined Golden in June 2007, working with Golden’s tavern operations and building what is now the largest branded tavern portfolio in Nevada with 69 locations. Currently, as Executive Vice President of Operations, in addition to oversight of Golden’s taverns, he has direct responsibility for the Company’s five local casinos in Las Vegas and Pahrump.

Steve Arcana, Golden’s current Chief Operating Officer, became the Company’s Chief Development Officer also effective March 20, 2024. In this newly created role, Mr. Arcana will be responsible for all new tavern development, finding new third-party food and beverage concepts for the Company’s casino resorts, and exploring opportunities to unlock value in the Company’s excess real estate in Las Vegas, Laughlin and Pahrump. Mr. Arcana initially joined Golden in 2003 and has overseen the Company’s operations as it has grown from a privately held, 900-slot machine route operation to a publicly traded gaming company with casinos in Las Vegas, Laughlin and Pahrump in addition to its significant tavern portfolio.

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“Steve has been with Golden for over 20 years and has been an integral part of growing our business and guiding us through many challenges. Steve has established a strong operating team and has been a consistent leader throughout his decades at Golden. His long history and extensive experience in the industry will continue to benefit the Company in his new role focused on creating value from new tavern development and unused assets in our casino portfolio,” Mr. Sartini said.

“These management changes will allow Golden to focus on maximizing performance in our core operations while exploring opportunities to drive future improvement by bringing potential new concepts to our existing portfolio. I am confident the changes to Blake and Steve’s roles with the Company will position us well to create additional shareholder value,” Mr. Sartini added.

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Barclays Capital Inc

MGM Resorts International Announces Proposed Senior Notes Offering

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MGM Resorts International announced that it proposes to offer $750,000,000 in aggregate principal amount of senior notes due 2032.

The Company intends to use the net proceeds from the offering of the notes to repay existing indebtedness, including its outstanding 6.750% senior notes due 2025. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities, or similar investments.

The notes being offered will be general unsecured senior obligations of the Company, guaranteed by substantially all of the Company’s wholly-owned domestic subsidiaries that guarantee the Company’s other senior indebtedness, and equal in right of payment with all existing or future senior unsecured indebtedness of the Company and each guarantor.

Deutsche Bank Securities Inc., BofA Securities, Inc., Barclays Capital Inc., BNP Paribas Securities Corp., Citigroup Global Markets Inc., Citizens JMP Securities, LLC, Fifth Third Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc., and Truist Securities, Inc. will act as joint book-running managers and Goldman Sachs & Co. LLC, PNC Capital Markets LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC will act as co-managers for the proposed offering.

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The Nomination Committee’s Proposal of Catena Media’s Board of Directors at the Annual General Meeting 2024

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The Nomination Committee of Catena Media proposed re-election of the following members of the Board of Directors:

Øystein Engebretsen

Theodore Bergquist

Adam Krejcik

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Sean Hurley

The Nomination Committee proposed that Erik Flinck and Dan Castillo be elected as new members of the Board of Directors.

Göran Blomberg, Esther Teixeira-Boucher and Austin Malcomb have declined re-election as board members.

The Nomination Committee proposed that there will be six (6) members of the Board of Directors, changed from seven (7).

The Nomination Committee also proposed Erik Flinck to be elected as Chairman of the Board of Directors.

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Erik Flinck, born in 1980, currently provides high end business consulting combined with serving as Chairman for the digital health startup, dr HUD. Mr Flinck previously served as Head of BCG Sweden and has extensive experience from corporate management, growth and turnarounds from nearly 20 years of Management Consulting and serving as Head of Group Strategy and M&A at Sandvik AB. He has a Masters Degree in Engineering (Software development and Financial Mathematics) from the Royal Institute of Technology in Stockholm and a Masters Degree in Business and Administration from Stockholm University and Stockholm School of Business.

Born in 1980, Dan Castillo has accumulated over 20 years of experience across startups, growth companies and turnarounds. Since 2015, Castillo has invested in Catena Media, maintaining a close watch on its progression, especially after its IPO in 2016. He has previous experience of listed board work in Kotipizza which Orkla acquired in 2018. He currently serves on the boards of five companies in different sectors, including Quartr.com in Fintech and Hope Studios in movie production. His academic background includes studies in Finance and Economics at Linköping University.

The Nomination Committee of Catena Media consists of:

Nicklas Paulson, representing Investment AB Öresund (chair of the nomination committee)

Marianne Stenberg, representing Second Swedish National Pension Fund

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Martin Zetterlund, representing Niklas Karlsson

Göran Blomberg, chairman of the board of Catena Media.

The post The Nomination Committee’s Proposal of Catena Media’s Board of Directors at the Annual General Meeting 2024 appeared first on European Gaming Industry News.

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