•   
  •   
  •   

World Macao awards casino licenses to MGM, Sands, Wynn, 3 others

11:10  26 november  2022
11:10  26 november  2022 Source:   msn.com

Andy Dick Sentenced To Jail

  Andy Dick Sentenced To Jail Troubled Star Trek: Voyager actor and controversial comedian Andy Dick is making headlines once again after being sentenced to 90 days in jail. According to the Los Angeles Times, the disgraced star was convicted of sexual battery, which stems from an incident in April 2018 when an Uber driver accused Dick of groping him. The comic will check himself into the Los Angeles County Jail beginning on November 17. As if spending three months behind bars isn't bad enough, Andy Dick was also sentenced to 12 months of summary probation upon his release, and he is required to register as a sex offender.

BEIJING (AP) — Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resorts and three Chinese rivals after they promised to help diversify its economy by investing in non-gambling attractions, the government said Saturday.

FILE - MGM Grand Macau casino resort is closed in Macao on July 11, 2022. Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resorts and three Chinese rivals after they promised to help diversify its economy by investing in non-gambling attractions, the government said Saturday, Nov. 26. (AP Photo/Kong, File) © Provided by The Associated Press FILE - MGM Grand Macau casino resort is closed in Macao on July 11, 2022. Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resorts and three Chinese rivals after they promised to help diversify its economy by investing in non-gambling attractions, the government said Saturday, Nov. 26. (AP Photo/Kong, File)

The announcement is positive news for owners who have invested billions of dollars to build the former Portuguese colony near Hong Kong into the biggest global gambling center. But the requirement to spend on theme parks, music and sports adds to financial pressure at a time when revenue has plunged under anti-virus restrictions.

New York hasn't licensed any pot shops, yet they abound

  New York hasn't licensed any pot shops, yet they abound NEW YORK (AP) — Eager, anxious and frustrated, Yuri Krupitsky is waiting to find out whether he'll get to open one of the first legal recreational marijuana shops in New York state. He wrangled a lengthy application to become one of about 900 hopefuls for a first round of 150 licenses, only to face new uncertainty from a court ruling last week. It temporarily blocks the state from greenlighting dispensaries in Krupitsky’s home turf of Brooklyn and some other regions. © Provided by The Associated Press A map of cannabis legalization in the U.S. glows behind flower displays at the Empire Cannabis Club, Wednesday, Nov. 16, 2022, in New York.

Regulators will negotiate final terms before licenses take effect Jan. 1, the office of Chief Executive Ho Iat Seng announced. A seventh bidder, newcomer Genting Group of Malaysia, received no license.

The territory of 700,000 people on a peninsula in the South China Sea is the world's most tourism-dependent economy. It's under pressure from Chinese President Xi Jinping’s government to diversify with retailing, entertainment and other industries and to reduce reliance on gamblers from the mainland, its main revenue source.

License applicants promised to fulfill requirements including “exploring overseas customer markets and developing non-gaming projects,” a government statement said.

It gave no details, but TDM Radio Macau reported earlier the winners would be expected to invest a total of $12.5 billion.

Taylor Swift Wins Big! American Music Awards 2022 Winners, Nominees, How to Watch and More

  Taylor Swift Wins Big! American Music Awards 2022 Winners, Nominees, How to Watch and More Find out all the winners of the fan-voted American Music Awards and find out how to tune in to the ceremony. The 2022 American Music Awards will honor audiences' favorite music acts. The annual awards ceremony is entirely fan-voted each year—which may explain why Taylor Swift, famous for her parasocial relationship with her beloved Swifties (and now for basically breaking Ticketmaster), is the most decorated AMA winner ever, with 37 (and counting). She already won three 2022 AMAs, including Favorite Country Album for Red (Taylor's Version), Favorite Female Country Artist and Favorite Female Pop Artist.

Macao's economy has shrunk since anti-virus restrictions that shut down most tourist travel were imposed in 2020.

The Chinese operators include SJM Holdings, part of the empire of the late Stanley Ho, who had a four-decade monopoly on casinos until 2001.

The others are Melco International, run by Ho’s son Lawrence, and Galaxy Entertainment Group.

The decision to allow in foreign-owned casinos in 2002 brought a flood of money to Macao. The six license holders operate a total of 41 casinos.

Annual revenue from slot machines, dice tables and other games peaked at $45 billion in 2013, more than triple Las Vegas' level. But it slid after Beijing tightened controls on how often mainland gamblers could visit.

By 2019, before the pandemic, gambling revenue sank 19% from 2013′s level to $36.4 billion. In 2020, it collapsed 80% to just $7.6 billion. Last year, revenue climbed back to $10.8 billion, but that is down 75% from 2013.

In the latest quarter, the economy shrank by another one-third from last year's depressed level due to anti-virus controls imposed after outbreaks in June, according to the government. It said gambling revenue plunged 72.5% and tourist arrivals shrank 50.8%.

Adding non-gambling assets would make Macao more like Las Vegas. Casinos there try to attract families and non-gamblers with roller coasters, music, shopping centers, art exhibits and water parks.

SJM operates a zip line and indoor skydiving attractions. It dropped a proposal for a Hello Kitty theme park. The tycoon behind Galaxy talked about a possible theme park resembling the movie “Avatar,” but it never went ahead.

California man who fatally stabbed Las Vegas showgirl found unfit to stand trial .
The knife-wielding madman accused of fatally stabbing two people on the Last Vegas Strip — including a showgirl — was found mentally unfit to stand trial, The Post has confirmed. A Las Vegas judge on Friday ruled Yoni Barrios, 32, must remain at a state psychiatric facility until a court-appointed psychiatrist can determine whether he is mentally competent to stand trial, according to court records. Barrios was charged with two counts of open murder with a deadly weapon and six counts of attempted murder in the senseless broad-daylight attack on October 6.

usr: 2
This is interesting!