Casino Development Group 5401 43rd St Maspeth, NY - MapQuest

Py Rollers Casino development

Subreddit for coordinating the development of Py Rollers Casino, a group Pygame project.
[link]

Project Phoenix - Nekrova

Nekrova is the development group working on Project Phoenix and to-be spiritual successor to APB-reloaded.
[link]

TiPS (FedoraCoin)

TiPS (a.k.a. FedoraCoin) is a new state of the art cryptocoin based on the [Tips Fedora meme](http://knowyourmeme.com/memes/tips-fedora). Our objective is to become the tipping currency of the internet. More information is available in the [BitcoinTalk thread](https://bitcointalk.org/index.php?topic=380466.0).
[link]

The insurance company with the biggest exposure to the 1.2 quadrillion dollar (ie, 1200 TRILLION dollar) derivatives casino is AXA. Yeah, *that* AXA, the company whose CEO is head of the Bilderberg Group, and whose "venture capital" arm bought out Bitcoin development by "investing" in Blockstream.

TL;DR:
Just scroll down to page 5 of the PDF and check out the graph:
http://www.actuaries.org.hk/upload/File/ET210513.pdf
In 2013, AXA had $464 billion in exposure to derivatives, representing more than 50% of their balance sheet - more (in absolute and percentage terms) than any other insurer.
My theory: AXA knows that Bitcoin is real money, and real money will destroy AXA's balance sheet - which is based on the "fantasy accounting" of derivatives. So AXA wants to control Bitcoin development (by buying out the Core/Blockstream devs), and artificially suppress the blocksize, to artificially suppress the Bitcoin price.
My question: Do you want Bitcoin development being funded by a financial institution like AXA which would literally become bankrupt overnight if the worldwide derivatives casino lost a miniscule fraction of its so-called "value"?
Personally, I can think of no greater conflict of interest than this. This is the mother of all smoking guns of conflicts of interest. Derivatives are 1.2 quadrillion dollars of fake money circulating in a fraudulent system of fantasy accounting - and bitcoin is 2.1 quadrillion satoshis of real money circulating on the world's first unfake-able global ledger. They are polar opposites.
AXA's so-called "value" would collapse overnight if the fakery and fantasy of the worldwide derivatives casino were to finally be exposed. AXA is the last organization which should have any involvement whatsoever with Bitcoin's development - and yet, here we are today: AXA is paying the salary of guys like Greg Maxwell and Adam Back.
Details/Background:
What are derivatives?
Derivatives are the $1.2 quadrillion ($1200 trillion) "time bomb" of bets using fake, debt-backed fiat money that's about to explode and destroy the world's financial system:
http://www.dailyfinance.com/2010/06/09/risk-quadrillion-derivatives-market-gdp/
https://duckduckgo.com/?q=derivatives+time+bomb&ia=web
Derivatives are like a giant blood-sucking "tick" (representing 1200 trillion dollars in "notional" value, ie the total value of all the bets, without offsetting) on the back of a "dog" representing the world's "real" economy (representing mere tens of trillions of dollars):
http://demonocracy.info/infographics/usa/derivatives/bank_exposure.html
https://duckduckgo.com/?q=derivatives+dwarf+economy&ia=web
Derivatives were the root cause of the financial crisis that already almost destroyed the world's debt-based fiat financial system in 2008:
http://www.forbes.com/sites/stevedenning/2013/01/08/five-years-after-the-financial-meltdown-the-water-is-still-full-of-big-sharks/#43930ad45474
http://www.businessinsider.com/bubble-derivatives-otc-2010-5?op=1&IR=T
https://en.wikipedia.org/wiki/Causes_of_the_Great_Recession
https://duckduckgo.com/?q=derivatives+financial+crisis+2008&ia=web
Derivatives are that giant blob of fake, debt-backed fiat "money" shown at the bottom of the graph shown below (where the top of the of the graph shows that tiny speck of real money, bitcoin):
https://np.reddit.com/Bitcoin/comments/3xpecf/all_of_the_worlds_money_in_one_chart/
http://www.businessinsider.com/all-of-worlds-money-in-one-chart-2015-12
Derivatives are are also the fake, debt-backed "money" which already brought down another giant insurance group (AIG, not to be confused with AXA), in the financial crisis of 2008, which you're probably still bailing out personally with your tax dollars and your country's "austerity":
https://web.archive.org/web/20150730232015/http://www.thenation.com/article/aig-bailout-scandal
https://duckduckgo.com/?q=aig+derivatives+scandal
And finally:
Derivatives are also the fake, debt-backed "money" which makes up over 50% ($464 billion) of the balance sheet of insurance giant AXA - which has more derivatives exposure than any other insurance company, both in percentage and absolute terms (2013 figures - scroll down to page 5 of the PDF to see the graph):
http://www.actuaries.org.hk/upload/File/ET210513.pdf
https://web.archive.org/web/20160519091543/http://www.actuaries.org.hk/upload/File/ET210513.pdf
Yeah, AXA.
The same company...
https://np.reddit.com/Bitcoin+bitcoinxt+bitcoin_uncensored+btc+bitcoin_classic/search?q=bilderberg+group&restrict_sr=on
https://www.axa.com/en/newsroom/news/axa-strategic-ventures-blockchain
https://duckduckgo.com/?q=axa+strategic+investments+bitcoin&ia=web
Every time I mention how AXA is in charge of Blockstream's payroll, a few "random" people come out of the woodwork on these threads trying to dismissively claim (while presenting absolutely no arguments or evidence) that it is a mere irrelevant "coincidence" that AXA's venture capital subsidiary is funding Core/Blockstream.
But there are very few coincidences in the world of high finance.
And meanwhile, here are a few things we do know:
  • Henri de Castries is not only the the CEO of insurance giant AXA (he's actually stepping down later this year) - he's also the chairman of the Bilderberg Group - the secretive group which includes most of the major players in the current global debt-backed financial system:
https://duckduckgo.com/?q=henri+de+castries+bilderberg&ia=web
https://duckduckgo.com/?q=henri+de+castries+axa&ia=web
  • AXA Strategic Ventures (the venture capital arm of insurance giant AXA) was behind the second, $55 million round of investment in Blockstream:
https://duckduckgo.com/?q=%22axa+strategic+ventures%22+bitcoin&ia=web
https://np.reddit.com/Bitcoin+bitcoinxt+bitcoin_uncensored+btc+bitcoin_classic/search?q=bilderberg+group&restrict_sr=on
  • As of 2013, AXA already had $464 billion in derivatives exposure - over 50% of its balance sheet - far more than any other insurance company (both in $ and in % terms):
http://www.actuaries.org.hk/upload/File/ET210513.pdf
  • Many if not most major financial institutions would actually be considered insolvent now, if their so-called assets and liabilities were honestly valued (ie, "marked to market):
http://www.forbes.com/sites/robertlenzne2014/10/03/everything-you-didnt-know-about-the-federal-reserve-board/#45c36aa03f25
  • Bitcoin, by having no counterparty risk, threatens to expose this whole fraudulent casino of fantasy accounting on the part of major financial institutions - which is probably why companies like AXA want to control Bitcoin development - so they can artificially suppress the blocksize, and artificially suppress the the bitcoin price.
My guess:
The 2.1 quadrillion satoshis (21 million bitcoins x 100 million satoshis per bitcoin) of real money starting to circulate on the Bitcoin network threaten to expose the fact that the 1.2 quadrillion dollars of fantasy fiat circulating in the worldwide derivatives casino are actually worthless.
And this is probably the real reason why AXA - the insurance company with the largest derivatives exposure - is trying to control Blockstream, in order to control Bitcoin development, and suppress Bitcoin price.
submitted by ydtm to btc [link] [comments]

[WP] You’re a real estate developer who can’t get anything built because there’s a always a group of scrappy locals who keeps you from building the mall, hotel, or casino to preserve the local theater, school, or local wild life. But this time is going to be different because you have a plan.

submitted by asburysouthpaw to WritingPrompts [link] [comments]

"I think I've lived long enough to see competitive Counter-Strike as we know it, kill itself." Summary of Richard Lewis' stream (Long)

I want to preface that the contents of this post is for informational purposes. I do not condone or approve of any harassments or witch-hunting or the attacking of anybody.
 
Richard Lewis recently did a stream talking about the terrible state of CS esports and I thought it was an important stream anyone who cares about the CS community should listen to.
Vod Link here: https://www.twitch.tv/videos/830415547
I realize it is 3 hours long so I took it upon myself to create a list of interesting points from the stream so you don't have to listen to the whole thing, although I still encourage you to do so if you can.
I know this post is still long but probably easier to digest, especially in parts.
Here is a link to my raw notes if you for some reason want to read through this which includes some omitted stuff. It's in chronological order of things said in the stream and has some time stamps. https://pastebin.com/6QWTLr8T

Intro

CSPPA - Counter-Strike Professional Players' Association

"Who does this union really fucking serve?"

ESIC - Esports Integrity Commission

"They have been put in an impossible position."

Stream Sniping

"They're all at it in the online era, they're all at it, they're all cheating, they're all using exploits, probably that see through smoke bug got used a bunch of times"

Match Fixing

"How many years have we let our scene be fucking pillaged by these greedy cunts?" "We just let it happen."

North America

"Everyone in NA has left we've lost a continents worth of support during this pandemic and Valve haven't said a fucking word."

Talent

"TO's have treated CS talent like absolute human garbage for years now."

Valve

"Anything that Riot does, is better than Valve's inaction"

Closing Statements

"We've peaked. If we want to sustain and exist, now is the time to figure it out. No esports lasts as long as this, we've already done 8 years. We've already broke the records. We have got to figure out a way to coexist and drive the negative forces out and we need to do it as a collective and we're not doing that."

submitted by Tharnite to GlobalOffensive [link] [comments]

Pelican Town from a Urban Planning Perspective

Any other urban planners/policy folks play this game? I’m an urban planning student who has spent too many quarantine hours playing SDV and at the risk of deeply questioning how I spend my time, I’ve been thinking about it from a planning perspective. Please tell me someone else has thought about this.
Pelican Town (pop. ~35) is a small, rural town within a few hours of the nearest big metropolitan area. The town appears to have had an industrial past, with all the decayed mining infrastructure. Like many rural towns that were once anchored by industry, Pelican Town has struggled to rebuild its post-industrial economy and identity.
The Mayor’s strategy is to look towards tourism, culture, and recreation for the town’s future. He holds an abundance of traditional festivals to preserve the town’s cultural identity and market its quaint, rural character to visitors from neighboring areas. He hopes the farmer’s high-quality local produce and artisan products will contribute to Pelican Town’s renewal. He also thinks the arts could drive the town's revitalization (Leah's art show). The town also has an abundance of natural assets, although I'd worry about point source pollution from the sewer pipe and the quarry is totally a brownfield site.
Encouraging tourism is a sound strategy in Pelican Town, but it’s not a panacea - it won’t necessarily increase the tax base to help the town’s financial problems, and the jobs created will mostly be in the service sector. The neighboring town, Calico Desert, is another post-mining economy that is looking to tourism and has opened a casino.
Economy: [EDIT: I did not do the math here. The unemployment rate is higher. Still not sure if the wizard has a job.] The unemployment rate is only about 3% (this is arguable. does the Wizard have a job?), indicating that the economy is basically at capacity. The jobs are not well-paying, though (the town was chosen for a discount Jojamart, like many rural towns attract dollar stores). Without good jobs for young people and lacking educational opportunities, the town is at risk of losing the younger population to other towns/the city. There’s potential for more small businesses if tourism increases, or for more remote work (though it doesn’t seem like Pelican Town has good internet infrastructure and computer ownership is low.)
Transit: The town also suffers from a lack of transportation. Vehicle ownership is low (just the Mayor and Sebastian’s motorcycle, I think), the town is looking for private investment to restart bus service (should really form a regional transit authority with Calico Desert and get government funding), and though the train with the platform hints that there may have once been commuter rail, it’s currently only used for freight.
Population: Pelican Town’s population, as it stands, will decline. There are only 2 children (Vincent and Jas) but close to 20 residents who are 40+. There are 12 residents in the 20-40 age group (the bacheloettes), who need to stay in Pelican Town and start families to reverse the decline. As in many rural areas, substance abuse is a problem in Pelican Town. There are a few alcoholics and I’m not gonna get on Sebastian’s case for smoking a little weed and who knows what’s in Pierre’s stash, but there’s clearly little else to do in town besides hang out at the Saloon.
Housing: If young people choose to marry and stay in Pelican Town, where will they live? The vacancy rate is 0 and most bacheloettes live with their families. New housing will need to be built to retain them, but most probably cannot afford to build a house. The town will also need to carefully choose areas for development to maintain the natural assets that draw tourists. The town seems to use a form-based code in the town center (two-story mixed-use buildings).
Solutions: The town is relying on the goodwill and prosperity of a private citizen (the farmer) to revitalize the Community Center, build houses, etc. - Mayor Lewis should rely less on one-time private investments and focus on more reliable funding sources and economic growth that will increase the tax base. The town is facing a housing crisis and should consider mixed-use development/apartments in the Community Center neighborhood to prevent sprawl. The town needs to invest in transportation and communication infrastructure to improve access to jobs and education. The vacant land near the train station is a great spot for a TOD and some denser development if the Valley could start commuter rail service, but I bet Robin & Demetrius would be NIMBYs who don’t want development near their mountain home.

TL;DR: Mayor Lewis is making you do the flower dance to stimulate the economy.
submitted by baldpatchouli to StardewValley [link] [comments]

The insurance company with the biggest exposure to the 1.2 quadrillion dollar (ie, 1200 TRILLION dollar) derivatives casino is AXA. Yeah, *that* AXA, the company whose CEO is head of the Bilderberg Group, and whose "venture capital" arm bought out Bitcoin development by "investing" in Blocks /r/btc

The insurance company with the biggest exposure to the 1.2 quadrillion dollar (ie, 1200 TRILLION dollar) derivatives casino is AXA. Yeah, *that* AXA, the company whose CEO is head of the Bilderberg Group, and whose submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Join the International Simulation Football League

Have you ever wanted to live the life of a professional football player? Now is your chance! Come create your own football superstar in the International Simulation Football League. In the league, you control only one player. You create your player based on certain archetypes like Speed Rushing Linebacker, Receiving Running Back or Man to Man Corner, and can put points into various attributes to improve your player at creation and over the course of your career. We have a Rookie Mentor Team, a group of people dedicated to helping you create a player and potentially become the next super star of our league! This is a very exciting time to join the ISFL, as we will be changing sim engines from Draft Day Pro Sports: Football 16 to the brand new 2021 version!
After player creation you will work on improving your player and be drafted to a team in our Development League. You will spend a season on this team along with players made by other people learning the ins and outs of the league, and spending time together in the team’s virtual locker room on discord. After one season you will then be drafted by one of 14 Pro Teams!
Now you may be asking, how does my player get better? Mainly through activity! You earn points by completing various tasks like a weekly activity check, season and game predictions, and weekly training. There are also other fun tasks to earn training points like fantasy football, and fun ways to earn money for your player like betting in the casino and buying team stocks! You will be able to spend your earned points as you want to improve your player, as well as money for equipment and training, so that one day they'll have the chance to end up in the league's Hall of Fame! All the games are streamed live on Youtube, so you will get a chance to watch your player. During the season we have games streaming each day, Monday through Friday.
This league is completely free and run by volunteers! We are a fun community of over 300 users controlling players in the league, which means we have tons of football fans. We have plenty of spots open for rookies! We are in the last week of our 26th season. The Wild Card Playoffs are tonight and Ultimus (the league’s Super Bowl) is this Sunday, so head over to our Youtube and see what teams come out on top this year! The off-season will then begin with all new players being drafted into the Developmental League on January 20th. That is two weeks for you to prove to Teams that you deserve being drafted 1st overall. This is a perfect time to join! Come check us out and create your own Hall of Fame player!
Our discord link https://discord.gg/U6fKer9
Our site link https://forums.sim-football.com/
Our rookie guide link https://forums.sim-football.com/showthread.php?tid=6235
Our rookie discord link https://discord.gg/j8B9Jjz
If you have any questions - please feel free to ask!
submitted by iamslm22 to nfl [link] [comments]

New Jersey Casino Reinvestment Development Authority's hacked by group claiming ISIS ties

New Jersey Casino Reinvestment Development Authority's hacked by group claiming ISIS ties submitted by Juralgoltar to hacking [link] [comments]

My 2021 Portfolio

Albeit a week late, I want to share my 2021 portfolio for documentation purposes and for whoever is interested. I aimed to balance risk in this portfolio with some growth names and legacy plays. Down to brass tacks, I am putting my money in the highest quality companies (in my view) across a diverse set of industries I find attractive. Some of these names are overvalued in the short term. However, I have realized I am not in the business of beating Wall Street’s pricing, but would rather hold high-quality companies that I believe will grow faster that the market in the long term. In other words, I am totally fine paying a short-term premium for growth and quality. Below is a summary of the portfolio and big picture reasoning behind each investment. I'm definitely open to any feedback.
Company Ticker Entry Price Exposure
ARK Genomic Revolution ETF ARKG $93.26 6.60%
CrowdStrike CRWD $211.82 11.78%
Disney DIS $181.18 10.53%
Enphase Energy ENPH $175.47 7.98%
Evolution Gaming Group EVVTY $101.02 12.77%
Facebook FB $273.16 11.05%
Redfin RDFN $68.63 10.41%
Teladoc TDOC $199.96 9.60%
Sea Ltd SE $199.05 14.09%
Waste Connections WCN $102.57 5.19%
ARK Genomic Revolution ETF (BATS: ARKG) - Invests in companies advancing genomics. The companies held in ARKG may develop, produce or enable: CRISPR, Targeted Therapeutics, Bioinformatics, Molecular Diagnostics, Stem Cells, Agricultural Biology.
CrowdStrike (NASDAQ: CRWD) - Cybersecurity technology company that provides endpoint security, threat intelligence, and cyber attack response services.
Disney (NYSE: DIS) - Worldwide entertainment company that you all are probably familiar with.
Enphase Energy (NASDAQ: ENPH) - Designs and manufactures software-driven home energy solutions that span solar generation, home energy storage and web-based monitoring and control.
Evolution Gaming Group (OTC: EVVTY) - Swedish company that develops, produces, markets and licenses integrated B2B live casino solutions for gaming operators.
Facebook (NASDAQ: FB) - Enables people to connect through devices. It’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus.
Redfin Corporation (NASDAQ: RDFN) - Provides residential real estate brokerage services.
Teladoc Health (NYSE: TDOC) - Provides virtual healthcare services on a B2B basis to its clients and provides services to consumers directly and through channel partners.
Sea Ltd (NYSE: SE) - Digital entertainment, electronic commerce, and digital financial services. The Company operates three business segments: Garena, Shopee, and SeaMonkey. The Company’s digital entertainment business, Garena, is a global game developer and publisher with a presence in Southeast Asia, Taiwan, and Latin America. Garena provides access to mobile and personal computer online games. Shopee provides users with a shopping environment that is supported by integrated payment, logistics, fulfillment, and other value-added services. SeaMonkey business is a digital financial services provider. SeaMonkey offers e-wallet services, payment processing, credit related digital financial offerings, and other financial products.
Waste Connections Inc. (NYSE: WCN) - Waste services company that provides non-hazardous waste collection, transfer, disposal and recycling services.

P.S. I have two other accounts - one with about 40 growth stocks and another with about 10 big names / ETFs. However, this portfolio has the largest allocation for 2021. My first time trying a more concentrated approach.
submitted by bull_doze to investing [link] [comments]

TIL that the Eudaemons, a group of students and UCSC, developed a computer that could predict roulette gave them a 44% advantage over casinos.

TIL that the Eudaemons, a group of students and UCSC, developed a computer that could predict roulette gave them a 44% advantage over casinos. submitted by thesabreslicer to todayilearned [link] [comments]

Greater London in Coronavirus Tier 3 (Very high alert) from Weds 16th Dec 00:01

Due to a sharp rise in Coronavirus cases, Greater London (32 boroughs + the City of London) will move in to Tier 3 (Very high alert) on Wednesday Dec 16th at 00:01.
Most surrounding counties including all of Kent, most of Surrey, and parts of Beds, Bucks, and Essex are (or will be - as of Saturday) in Tier 3 as well.

The Usual Stuff

Stay 2m (6ft) away from people that you don't live with where practical, and at least 1m (3ft) away at all times. Do your very best to maintain hygiene, washing your hands and shared surfaces at every opportunity. And of course, you should only do what you're comfortable with.
If you have any symptoms of COVID-19, even mild, stay home for at least 10 days until you no-longer have a temperature. Get a test through the gov.uk testing website or calling 119. Others in your household must stay home for 14 days source.
Most coronavirus cases are mild, but if you're very ill, call 111, or in an emergency, call 999 - DO NOT go to a GP surgery, pharmacy or hospital with COVID-19. Continue to keep NHS appointments for other purposes unless your clinician tells you otherwise or the government changes the advice.

What are the restrictions?

Under Tier 3:
Single adult households can still form a (permanent) mutual support bubble with one other household.
There are various other exceptions for things like weddings (up to 15 people), funerals (30 people) and in a few other areas. You can read the full Tier 3 restrictions here.
You can leave your home to escape injury or harm.
If you break these rules you may be fined from £1000 or more, depending on the offence.

Making a Christmas Bubble

Between 23rd and 27th December the rules are being loosened so we can see close family and friends over the festive period. For these four days you can form an exclusive ‘Christmas bubble’ composed of people from no more than three households
Note that:

Can I visit London now?

Theoretically yes. Many of the typical tourist attractions will be closed during Tier 3 so make sure you check anything you want to do in advance and book the limited space available.
Many incoming foreign travellers from higher risk countries are subject to a mandatory two week quarantine. Check if your country is on the list.

Test to Release scheme

Starting on Dec 15th, you can reduce your time in isolation after arrival to 5 days (instead of 10 days) by paying for a coronavirus test.
This must be from a test provider participating in the government scheme and you have to opt in on your passenger locator form when you arrive in England from abroad. There are currently very few providers and the tests are quite expensive (£180) but this list will likely be expanded in the coming weeks. You will need to pre-book (there's considerable lead time).
The full guidance is here

Can I go somewhere else?

The government advises that you should not leave a Tier 3 area unless for work, education, or some other good reason, and if you normally live in a Tier 3 area you should not stay away from home overnight.

Face masks

Face coverings are compulsory on all forms of public transport and in all shops, takeaways, hospitals and care homes. This is a law and you can be fined if you do not comply. You don't need to buy a fancy respirator, instead think about buying or making your own from fabric, or use a scarf or bandana. As long as you wash them at a decent heat between uses this is much more environmentally friendly than disposable surgical masks.

The NHS App

The NHS COVID-19 app is now available. It uses Apple & Google's co-developed bluetooth protocol which does not transmit any of your personal details to anyone, including the government. It's been used as the basis for apps in privacy-conscious countries like Germany and Ireland, and is generally considered safe and secure.
The app is particularly effectively in dense urban areas, and NHS England's also includes features to help you check in to venues and get a test.
Download it!

Get help or give help

With the short days, the cold weather, and the lockdown restrictions, this is going to be a hard time for everyone.
This is not official advice - just our summary and might contain errors and omissions. Check gov.uk for the letter of the law. Please post any feedback or suggestions
submitted by ianjm to london [link] [comments]

The Ultimate Parlay: DraftKings ($DKNG)

The Ultimate Parlay: DraftKings ($DKNG)
Here on a Sunday night to give you autists some time to cross-check my info, start your RH instant deposit, and let your wife's bf know you're coming back with a vengeance. Here's an in-depth analysis on DraftKings and how to maximize profits over the foreseeable future to squeeze this for every tendie we can. Now that many states face revenue shortfalls due to the coronavirus pandemic and wider budget deficits, there needs to be a push to fill that gap and nothing is better positioned than sports betting.
As you all know, $DKNG came to market through a SPAC merging with Diamond Eagle back in April, at the worst of the pandemic when live sports were dead and there was more uncertainty than ever for what was to come. Jason Robins, Draft Kings CEO, has balls of steel and knew that they needed to get to market quickly for a sports betting run-up the likes of which we've never seen. Sports are now on their way back, with a huge amount of positive catalysts coming up in the next few months to skyrocket this stock to the moon and beyond.

Management

I want to clarify that a large amount of my conviction from this play comes from the incredible management team leading the company. CEO Jason Robins is a stand-up guy and has led the company through a huge amount of scrutiny since its founding in 2012. He comes from a data analytics background which could not be a better fit for the sports betting business. He prioritizes the high speed data that fuels the DraftKings platform as its most valuable asset and speaks often on the commitment his team has to ethical values and encouraging a trustworthy environment for its users to gamble their paychecks on the DraftKings platform.
I've linked a great interview to get to know the CEO and give further insight into DraftKing's plans moving forward below and highly recommend anyone going in on this play give it a quick watch. Jason is optimistic about the future of state's legalizing mobile sports betting moving forward and says they will continue to invest boatloads of money into customer acquisition costs through TV ads and billboards on a state-by-state basis. Link: https://youtu.be/2OVFB9piEC0
Any of you who have come across DraftKings commercials, YouTube ads, billboards, know that their marketing is on point. This is a great play because DraftKing's expansion has occurred thus far on a state-by-state basis. This means that there's a large part of the nation (actually the majority) that is still ignorant to the sports betting wave that is coming in 2021. DraftKings is positioned extremely well to lead the way into the ~25 states still waiting to pass the bill.

Legislation

The fact that the top 4 states in the country still have not legalized online sports betting presents a HUGE opportunity to ride this wave with little downside risk. Sports have already gone through the worst-case scenario during COVID shutdowns and survived—now we’ve got a great amount of positive catalysts coming up (NBA season, March madness, Super Bowl, etc.) that the general population is begging for some action on, paired with more money in their pocket from significantly less entertainment costs since the pandemic started.
The Wuhan Virus gave DraftKings a shot in the arm to streamline its way into most (if not all) of the remaining state's ballots during Q1 and Q2 due to the huge cut in tax revenues that the lockdowns caused across the country. Governor Cuomo of New York released a statement last week stating he is now considering the passing of mobile sports betting in order to raise the state's tax revenue during a time where Congress completely skipped them over in terms of providing aid through the stimmy. New York is a huge catalyst moving forward. In my opinion, this is a make or break for how things look for DraftKings moving forward, and will largely influence how other states react. Mobile sports betting scares states as it is new and so accessible, but if you do research into the Powerball and other loterry companies, it just took a push in the right direction for states to realize how much money they are leaving on the table by not participating in these emerging markets. Sports betting has already benefited the 9 states which passed the bill (NJ leading the way) and has NY as well as every other governor, feeling major FOMO.
Current states where online (mobile) sports betting laws have passed:
  • New Jersey
  • West Virginia
  • Indiana
  • Pennsylvania
  • New Hampshire
  • Iowa
  • Colorado
  • Illinois
  • Tennessee
Some of the reported revenues from sports betting:
New Jersey: $931.6 million
Pennsylvania: $491.9 million
Illinois: $434 million
Indiana: $250.8 million
Colorado: $231.2 million

On May 14, 2018, the United States Supreme Court found the Professional and Amateur Sports Protection Act (PASPA), the federal law prohibiting states from authorizing sports betting, to be unconstitutional. It is now up to individual states to decide if they want to authorize and regulate sports betting in their state. Congress can also take action on the authorization and regulation of sports betting but has so far left it up to individual states.
As you can see, states are cashing out on the mobile sports betting wave, with New Jersey leading the way and making a large part of that revenue from NY residents crossing state lines to get their gambling fix in. Gov. Cuomo has been opposed to legalizing sports betting in the past, calling it "a violation of the constitution"...buut that was before covid lockdowns and his state was drowning up to their neck in debt.
DraftKings management issued extremely bullish guidance without even taking into account new states passing legislation. This is one of the things that I love about CEO Jason Robins that stood out to me in the hours of interviews/articles I’ve looked over. This man is the pinnacle of underpromising and over delivering. The staff at Draft Kings are extremely customer centric and focused on strong ethics to help them provide a platform for sports aficionados to enhance their viewing experience.

Data-Driven/Proprietary Tech Stack (the MOAT)

Legislation aside, the other huge catalyst is DraftKing's unique approach to owning its own data and proprietary tech stack. I believe that this will be where DKNG separates itself from the competition that is rushing to this space and will give it the upper hand in acquiring, and retaining, a large percentage of new users across opening states.
From investor presentation: "Upon close of the business combination, DraftKings will become the only vertically-integrated pure-play sports betting and online gaming company based in the United States. Through the business combination, DraftKings expects to realize synergies by transitioning its risk and trading sports betting platform to SBTech’s, instead of relying on a third-party platform. In addition to reducing costs, DraftKings will control its backend system and product roadmap, differentiating the company from other U.S. operators and giving it the ability to tailor its sports betting product to U.S. sports and users."
"SBTech is a global leader in omni-channel sports betting and gaming, with more than 1,200 employees in 10 offices worldwide. Since 2007, the group has developed the industry’s most powerful online sports betting and casino platform, serving licensees in more than 15 regulated territories. SBTech’s clients include many of the world’s premier betting and gaming operators, state lotteries, land-based casinos, horse racing companies, and iGaming start-ups. The group supplies highly flexible betting and gaming solutions to clients looking for exceptional configurability and the quickest route to market, complemented by proven business intelligence and reporting capabilities. The SBTech offering includes its seamless sportsbook, Chameleon360 iGaming platform, managed services, on-property sportsbook and omni-channel solutions that provide players with constant access to sports and casino products across all online, mobile and retail channels. Supported by unrivaled expertise in trading and risk management, acquisition and CRM, and the highest standards of regulatory compliance, SBTech’s partners consistently achieve rapid growth, enhanced brand loyalty and record revenues."
DraftKings prioritized OWNING their own backend technology via this merger with SBTech, making them the first, and only company in this space to own their risk and trading platform. This gives DraftKings a huge edge to the rest of the market. It forked up the cash to keep everything in house not only to provide a better customer experience, but also to widen the moat against competitors as new states come onboard. The key here is to clarify that DraftKings and SBTech combined to be the only player in the market with 100% vertical integration and control of their own backend. Jason Robins and the rest of the management team are placing their efforts on having the best technology and the best product and really going all in on owning the U.S. landscape opening up, with as little need for cross-platform interaction as possible.
This acquisition of SBTech was a complete game changer because it allowed them to be independent from paying revenue share to a third-party for betting lines and risk management services.
Clarification: no other sports betting/fantasy sports/casino company currently has 100% vertical integration on the level that DraftKings has established.

iGaming Boom

This is where the market is missing the mark. Take the time to read over analyst reports, news articles, and interviews and you'll quickly notice 99% of the general market is completely glazing over DraftKing's iGaming sector. This industry has been a CA$H COW in Europe for awhile now, and is only getting started in the United States. Out of the companies that occupy this space, DraftKings is the only one to create one synergistic platform for Fantasy sports/Sportsbook/iGaming. This will be a huge value proposition that will ultimately rocket DraftKings to the top of the gaming market and solidify it as THE gaming powerhouse moving forward.

The infrastructure driving DraftKing's products and Tech (all in one platform)
Anyone that's watched the run of Skillz and the hype pushing PaySafe, knows how much anticipation there is for iGaming to become the new norm in the world of gambling. DraftKings has emerged as the market leader in each state they've launched in, and continue to gain more and more market share. Once new users get introduced to their platform, the cross-selling opportunity is limitless and creates an extremely sticky customer acquisition cycle.
Competitors like Penn and MGM are dinosaurs in this space and have been playing catch-up to DraftKings since 2012. The new age of gamblers don't want to drive to a physical casino location or buy a home desktop to gamble. Everything will be mobile and run in real-time. DraftKings has been building an incredible live-sports ecosystem (first to market) and innovates the possibilities of what you can bet on a daily basis. Just download the app for yourself and do some exploring. I believe this is going to boom in the TikTok/millennial crowd as more states start to hop onboard.

2021 Projections

Pulled from the investor presentation, $DKNG has smashed every one of their 2020 assumptions listed below. For any stats guys out there, I would love to see some models at how much of this market is still up for grabs. DraftKings has positioned themselves to be at the head of this movement, and I believe that 2021 will be the year we really see them take off into triple digits share prices.
The catalysts are there, and the market is ripe for the taking. Their projections are extremely conservative and management lets the numbers do the talking. In my opinion, this is a bet on the management putting the dots together to EXECUTE as state legislation starts to go their way, once NY happens this shift will occur rapidly.

https://www.sec.gov/Archives/edgadata/1772757/000110465920032214/tm2012476d1_425.htm
The management is incredible and truly displays a vision for wanting to prop up shareholder value in the long-term through valuable data, a fully integrated platform, and aggressive customer acquisition to take control of this market as states realize the economic deficits which they are facing going into a new year. This along with the unprecedented hype that is going to be involved with sports events this year, will skyrocket DraftKings to new heights.
This is not a bet on sports betting alone, it is a play on a data-heavy and analytically driven behemoth, with strategic partnerships (league, team, and celebrity partnerships) and one of the most aggressive marketing strategies I have ever laid eyes on. The stock soared earlier this years upon news of the Michael Jordan partnership (https://www.cnn.com/2020/09/02/investing/draftkings-michael-jordan-deal/index.html) and there is many, many more big moves in the pipeline.

Conclusion

Long-term I am extremely bullish on people wanting risk to make up a daily part of their lives. The psychology of sports betting resembles that of the lottery and is becoming a must-have for people to have the choice to place bets from the convenience of their mobile phones. We are moving into a future where if risk and leverage are not involved, people will have little interest in dedicating their time to things. This shift can be seen with the boom in retail options trading (shoutout wsb gang) and will have a similar effect in sports, iGaming, and random prop bets/surveys that Draft Kings is innovating heavily in. This is not to mention the infrastructure that DKNG is continuing to build out to rival that of Europe in terms of live sports betting (which makes up three quarters of revenue for online sports books in the UK) and expanding their horizons to lesser betted on sports such as tennis, golf, soccer, etc.
If you've gotten this far, congrats you're just a few steps away from striking gold. Any feedback, comments, rebuttals, bear scenarios, etc. please comment. Good luck.

Positions

$70c 1/21/22
$90c 1/20/23
🚀🚀🚀 Bet at your own risk 🚀🚀🚀

Tl;dr

DraftKings has state legislation action coming, incredible management, is data-driven, is vertically integrated/owns its tech stack, has exposure to the full range of new world gaming (Fantasy/Sportsbook/iGaming), and is ahead of its competition forming league, team, and celebrity partnerships.
$70c 1/21/22
$90c 1/20/23

Sources (do your own DD dumbass)

https://youtu.be/2OVFB9piEC0
https://www.legalsportsreport.com/42835/draftkings-kambi-2021/
https://sportsbook.draftkings.com/help/sports-betting/where-is-sports-betting-legal?_ga=2.2847858.331721966.1608603855-1177209388.1608603855
https://www.legalsportsreport.com/46711/the-week-in-sports-betting-dec-21/
https://www.aol.com/news/why-draftkings-flutter-trading-lower-201654511.html
submitted by omertaproject to wallstreetbets [link] [comments]

Lost in the Sauce: Barr's DOJ shut down investigations of Trump and admin officials

Welcome to Lost in the Sauce, keeping you caught up on political and legal news that often gets buried in distractions and theater… or a global health crisis.
Housekeeping:

Post-election

On Saturday, Trump announced on Twitter that he has put his personal lawyer Rudy Giuliani in charge of his campaign's long-shot post-election legal challenges. Other people on the team include Joseph diGenova, Victoria Toensing, Sidney Powell, and Jenna Ellis.
  • Giuliani worked with a Russian agent to smear Biden. diGenova and Toensing tried to get the Justice Department to drop charges against corrupt Ukraine oligarch Dmytro Firtash. Powell represents Michael Flynn and champions "deep state" conspiracies. Ellis said gay marriage leads to pedophilia.
NYT: Mr. Trump turned to Mr. Giuliani earlier on Friday in reaction to the latest setback he faced in court, this one relating to votes in Maricopa County, Arizona… A half-dozen other Trump advisers have described Mr. Giuliani’s efforts as counterproductive and said that he was giving the president unwarranted optimism about what could happen… In an Oval Office meeting with aides on Thursday, Mr. Trump put Mr. Giuliani on speakerphone so the others could hear him. He angrily accused the aides of not telling the president the truth
Giuliani’s conspiracy-riddled rant at Four Seasons Total Landscaping was so disastrous that it “scared off many of the lawyers” recruited to argue election-related lawsuits. Politico: “Campaign officials described the episode as disastrous...there are widespread concerns within Trumpworld and GOP circles that Giuliani’s antics are thwarting the president’s legal machinery from within.”
Two major law firms have withdrawn from Trump campaign cases as his legal challenges crumble. Arizona’s largest law firm Snell & Wilmer dumped the RNC and Trump campaign effort to challenge votes in Maricopa County. Porter Wright Morris & Arthur is abandoning Trump’s attempt to block Pennsylvania's popular vote for Joe Biden.
  • In one day (Friday), nine cases meant to attack President-elect Joe Biden's win in key states were denied or dropped - seven in Pennsylvania, one in Arizona, and one in Michigan.
The new federal chief information security officer, Camilo Sandoval, has already taken leave from his day job to participate in a pro-Trump effort to hunt for evidence of voter fraud in the battleground states. The group, Voter Integrity Fund, is a newly formed Virginia-based group that is analyzing ballot data and cold-calling voters. Sandoval was officially appointed on Nov. 4, 2020, but lists his starting date at October on his personal LinkedIn page.
WaPo: Sandoval is part of a hastily convened team led by Matthew Braynard, a data specialist who worked on Trump’s 2016 campaign. Another participant is Thomas Baptiste, an adviser to the deputy secretary of the Interior Department who also took a leave to work on the project. Braynard said in an interview that several other government officials on leave are also assisting the effort, but he declined to identify them.
Media’s role:
  • Facebook Cut Traffic To Leading Liberal Pages Just Before The Election: Liberal page administrators who spoke with BuzzFeed News said that their reach declined by as much as 70%, and still hasn’t recovered.
  • Facebook Live Spread Election Conspiracies And Russian State-Controlled Content Despite Employee Fears: The social network’s live video tool has recommended videos featuring misinformation and the hyperpartisan views of Trump allies leading up to and following election day in the US.
  • In the week after the election, Trump’s postings dominated Facebook, accounting for the 10 most engaged status updates in the United States, and 22 of the top 25. “I WON THIS ELECTION, BY A LOT!” was his top post.
  • YouTube Is Doing Very Little to Stop Election Misinformation From Spreading
  • Social media app Parler receives financial backing from conservative hedge-fund investor Robert Mercer and his daughter Rebekah, The Wall Street Journal reported. Parler turned into a kind of de facto home for conservatives’ protests against the election— including the persistent “Stop the Steal” campaign— after the race was called for former Vice President Joe Biden. Several high-profile conservative social media personalities encouraged people to abandon Twitter and Facebook because of their moderation policies, and instead follow them on Parler.

Transition

Emily Murphy, the head of the General Services Administration, still hasn’t signed the official letter that would allow the incoming Biden team to formally begin the transition. House Democrats are assessing options to force the GSA’s hand, which could include summoning Murphy to the Hill to testify or suing her. “Obviously, Congress could file suit against the GSA administrator for failing to do her duty. We could seek to get a court to, in fact, issue an order
Her ascertainment is the legally necessary precursor to the government’s assistance to the Biden-Harris Presidential Transition Team. It releases $6.3 million dollars to the team, which is funded by public and private money; a loan of expanded federal office space and equipment; access to government agencies that will begin sharing information and records about ongoing activities, plans and vulnerabilities; national security briefings for the president; and other support.
  • The Office of the Director of National Intelligence recently confirmed that it is not providing national security briefings to the president-elect. The Defense Department has also reportedly indicated that it will not meet with the Biden-Harris transition team until Murphy formally affirms the apparent winner.
One of the officials fired in Trump’s latest purge was helping prepare for the transition to the new administration. USAID Deputy Administrator Bonnie Glick was removed abruptly to make way for a Trump loyalist after she had been supportive of transition planning, including the preparation of a 440-page manual for the next administration.
The GSA’s refusal to enact the transition has locked Biden’s team out of crucial Covid-19 pandemic data and government agency contacts. The president-elect’s Covid-19 task force has been trying to work around the federal government by connecting with governors and the health community.
  • The head of Operation Warp Speed, Moncef Slaoui, called on the White House to allow contact with the Biden team, saying “It is a matter of life and death for thousands of people.”
White House’s Office of Management and Budget is considering 145 new regulations and other policy changes they could enact before Biden’s inauguration - rules that will be challenging to undo once they are finalized. Critics and supporters of the administration say they expect a final burst of regulations to be finalized in the weeks before Jan. 20.
The rules under development include policies that the incoming Biden administration would probably oppose, such as new caps on the length of foreign student visas; restrictions on the Environmental Protection Agency’s use of scientific research; limits on the EPA’s consideration of the benefits of regulating air pollutants; and a change that would make it easier for companies to treat workers as independent contractors, rather than employees with more robust wage protections.
Last week, both Secretary of State Mike Pompeo and White House trade adviser Peter Navarro said they’re preparing for a second Trump term. “There will be a smooth transition to a second Trump administration,” Pompeo said during a news conference Tuesday afternoon (clip). Pompeo then doubled down on Fox News (clip). “We are moving forward here at the White House under the assumption there will be a second Trump term,” Navarro said on Fox Business Friday (clip).

DOJ interference

Attorney General William Barr stopped career prosecutors in DOJ’s Public Integrity Section from investigating whether President Trump broke any laws related to his conduct with Ukraine last year. The section was initially given the green light to pursue “a potentially explosive inquiry” into Trump, but after the Senate acquitted the president during impeachment proceedings, Barr sent the case to the U.S. attorney’s office in Brooklyn.
Prosecutors in DOJ’s Public Integrity Section were also prevented from bringing charges against former interior secretary Ryan Zinke by political appointees atop the Justice Department. Deputy Attorney General Jeffrey Rosen told prosecutors that they needed to gather more evidence and refine the case against Zinke for lying to Interior investigators.
  • The investigation into Zinke stemmed from his decision to block two Native American tribes—the Mashantucket Pequot and Mohegan—from opening a casino in Connecticut. Zinke’s office had been lobbied heavily by MGM Resorts International, which had been planning to open its own casino very close to where the tribes intended to break ground.
Sixteen assistant U.S. attorneys specially assigned to monitor malfeasance in the 2020 election urged Barr on Friday to rescind his memo allowing election-fraud investigations before results are certified. "It was developed and announced without consulting non-partisan career professionals in the field and at the Department. Finally, the timing of the Memorandum's release thrusts career prosecutors into partisan politics," the prosecutors wrote.
An internal Justice Department investigation found that federal prosecutors who oversaw a controversial non-prosecution deal with Jeffrey Epstein in 2008 exercised “poor judgment” but did not break the law. “They just say he used poor judgment, and that's their way of basically letting everyone off the hook while offering some sort of an olive branch to the victims that we acknowledge weren't treated perfectly,” said Brad Edwards, who sued the DOJ in 2008 on behalf of Epstein accusers.

Immigration news

Eastern District of New York Judge Nicholas Garaufis (Clinton-appointee) ruled that Chad Wolf was not legally serving as acting Homeland Security secretary when he signed rules limiting DACA program applications and renewals. Therefore, in a win for Dreamers and immigration activists, Garaufis said the changes were invalid.
The judge described an illegitimate shuffling of leadership chairs at the Department of Homeland Security, the agency responsible for immigration enforcement, for the predicament of Wolf's leadership and that of his predecessor, Kevin McAleenan.
"Based on the plain text of the operative order of succession," Garaufis wrote in the Saturday ruling, "neither Mr. McAleenan nor, in turn, Mr. Wolf, possessed statutory authority to serve as Acting Secretary. Therefore the Wolf Memorandum was not an exercise of legal authority."
  • There's a renewed push to get Chad Wolf confirmed as Homeland Security secretary -- a position in which he's been serving in an acting capacity for a yearr -- before Inauguration Day. In the past week, Homeland Security officials spoke to Senate Majority Leader Mitch McConnell's office about bringing the nomination to a floor vote in the coming weeks.
Within the last six months, as the coronavirus pandemic gripped the US, the Trump administration filed 75 lawsuits to seize private land along the US-Mexico border for the border wall." People right now are having to choose between their health and their homes," said Ricky Garza, a staff attorney at the Texas Civil Rights Project, a legal advocacy group.
After a series of price increases, Trump’s border project will cost taxpayers $20 million per mile of border fence. A review of federal spending data shows more than 200 contract modifications, at times awarded within just weeks or months after the original contracts, have increased the cost of the border wall project by billions of dollars since late 2017.
DHS has expelled unaccompanied immigrant children from the US border more than 13,000 times since March, using the coronavirus as an excuse to deny children their right to asylum. Previously, unaccompanied children were sent to government-run shelters as they attempted to pursue their asylum cases.
Migrant children from Central America are being expelled to Mexico, where they have no family connections. The expulsions not only put children in danger - the policy violates a diplomatic agreement with Mexico that only Mexican children and others who had adult supervision could be pushed back into Mexico after attempting to cross the border.
The House Judiciary Committee released a report on the Trump administration’s policy of separating families at the border, revealing that the federal agency that cares for migrant children was not told about the policy. The chaos contributed to the inability to later reunite parents and children.
The Trump administration is trying to deport several women who allege they were mistreated by a Georgia gynecologist at an immigration detention center. Hours after one detained woman spoke to federal investigators about forced hysterectomies at a Georgia detention center, she said ICE told her that it had lifted a hold on her deportation and she faced “imminent” removal. Six former patients who complained about Dr. Mahendra Amin had already been deported.
Northern District of Illinois Judge Gary Feinerman (Obama-appointee) blocked a key Trump administration policy that allowed officials to deny green cards to immigrants who might need public assistance Advocates who had feared that the policy would harm tens of thousands of poor people, particularly those affected by widespread job loss because of the coronavirus pandemic.

Miscellaneous

Microsoft said it has detected attempts by state-backed Russian and North Korean hackers to steal valuable data from leading pharmaceutical companies and vaccine researchers. “Among the targets, the majority are vaccine makers that have COVID-19 vaccines in various stages of clinical trials.”
Two census takers told The AP that their supervisors pressured them to enter false information into a computer system about homes they had not visited so they could close cases during the waning days of the once-a-decade national headcount.
The Supreme Court on Tuesday signaled it’s unlikely to tear down Obamacare over a Republican-backed lawsuit challenging the landmark health care law. Chief Justice John Roberts and Trump appointee Justice Brett Kavanaugh strongly questioned whether the elimination of the mandate penalty made the rest of the law invalid. Kavanaugh appeared to signal on several occasions that he favored leaving the rest of the law intact if the mandate is struck.
Texas Attorney General Ken Paxton (R) was sued last week by four whistleblowers claiming that he abused his office to benefit himself, a woman with whom he was said to have had an affair, and the wealthy donor who employs her before retaliating against the members of his staff who reported him to the FBI.
The Trump administration is rushing plans to auction drilling rights in the U.S. Arctic National Wildlife Refuge before the inauguration of Biden, who has vowed to block oil exploration in the rugged Alaska wilderness. Biden’s efforts could be complicated if the Trump administration sells drilling rights first. Formally issued oil and gas leases on federal land are government contracts that can’t be easily yanked.
submitted by rusticgorilla to Keep_Track [link] [comments]

Simple Lore comparison of both the NCR's and Legion's currency

NCR 5 dollar bill is only worth 2 caps
Legion silver Denarius is worth 4 caps
That's 2 more of the base value of what the NCR 5 dollar bill can afford. Now lets check the highest.
NCR 100 dollar bill is only worth 40 caps.
Legion gold Aureus is worth 100 caps.
That's 60 more of the base value of what the NCR 100 dollar bill can afford.
Unlike Legion currency however, the NCR has a third denomination of a 20 dollar bill which is worth 8 caps. Still, the ceilings of both of their highest currencies available to the markets edges in favor of the Legion over the NCR dollar with the Aureus having a higher purchasing power in regards to commercial activity.
sources;
[By 2281, the NCR dollar is valued at about 40% of a water-backed cap[6] and only 10% of a silver Legion Denarius.](https://fallout.fandom.com/wiki/NCR_dollars)
[Legion currency](https://fallout.fandom.com/wiki/Legion_Denarius)
[NCR currency](https://fallout.fandom.com/wiki/NCR_dollars)
Dialogue points from merchant or merchant adjunct entities to substantiate probable currency values decided by the Wasteland market;
>Dale Barton: "Hell, I don't even need to travel with guards most of the time in Legion territory. All the bandits are dead or run off."

>Dale Barton: "Between having to hire protection and getting slapped with taxes, it's more profitable to stick to Arizona and New Mexico."

>Rose Sharon of Cassidy: "Some caravans deal with the Legion now because the security. If towns could get the same protection? A lot more tempting than you'd think. Bunch of people would be willing to side with the Legion to not have to worry about Fiends and Boomers and Powder Ganger attacks."

>The Courier: "You don't get paid in Caps?"
>Chomp Lewis: "Nope. The NCR's been trying to switch over to using paper money, like in the Pre-War days. Trouble is that the exchange rates ain't exactly fair. For example, a hundred bucks in NCR money is valued at roughly half that in caps around here. Seems like a rotten deal for us, but work is work."

>The Courier: "What can you tell me about New Vegas?"
>Chomp Lewis: "I've been there once, and I don't recommend it. It's just a way to burn through a month's pay in five minutes*. I've seen a lot of folks come through here thinking they'll have the easy life once they get there. It never happens."*
From one of the developers:
>J.E Sawyer: "And this is discussed in-game: BoS raided NCR's gold reserves until NCR could no longer generate gold coinage nor back their paper money. They abandoned the gold standard and established fiat currency, which is why its value is inflated over both caps and (especially) Legion coinage. (...) People in eastern NCR and the Mojave Wasteland lost faith in the NCR government's a) ability to back the listed value of paper money and b) stability overall. If you're living in Bakersfield, staring at a piece of paper that says "redeemable for value in gold" and you have no faith in the government's ability or willingness to do that -- or if you see that the government has changed the currency to say that it is not able to be exchanged for a backed good -- you may very well listen to the strong consortium of local merchants offering to exchange that paper note for currency backed by water."

The Tops Vegas Casino exchange rates for in-house playing Chips;
Note: With a double check, all the Casino cashiers in Vegas have the same exchange dialogue, barring the type of greeting they give depending on the chosen locale. That means the exchange rates for all Vegas Casinos are standardized and consistent.
NCR
2 chips for 5$ NCR
8 chips for 20$ NCR
40 chips for 40$ NCR
Legion
4 chips for 1 Legion Denarius
20 chips for 5 Legion Denarii
40 chips for 10 Legion Denarii
80 chips for 20 Legion Denarii
100 chips for 1 Legion Aureus or 25 Legion Denarii

Source: Geck dialogue files, vDialogueCasinoCashier; Topics
EDIT: To even nip this in the butt further, some comments here say that Precious Commodities don't have intrinsic value. If that is the case in regards to the NCR being discussed here, why by the time of FO2 was the lowest denominator of their currency, 1$ dollar, was in Gold Coins?

$1 NCR - The Fallout Wiki (fandom.com)

The NCR never or had any contingencies to shore-up their currency to a fiat one at all if the most basic unit of their internal monetary exchange was Gold Coins. If that were the case they would've had pure paper money to begin with without these Coins being in circulation in Fallout 2; with all Gold being in their reserve purely being for backing only, but this isn't the case as we observe.
With the absence of their most basic unit of exchange being gone and the 5$ paper note being demoted to the new basic unit of their currency, that's a huge amount of unaccounted inflation off the bat; inflation they could've never prepared for since they valued Gold enough as a natural unit of exchange at such a base level to be circulated. They didn't expect the BoS to hit them that hard or anyone to do so with their perceived control of their core territory; nevermind the facts that its very unstable and unlucrative to deal in with raiders they can't hunt down with lack of dedicated manpower and poll taxes.

Precious vs Fiat currencies have staunch differences that can't be reconciled in the context of the Fallout universe and a general post-apocalypse. Precious Commodities are backed by simple human consensus of its natural properties being of worth and desirable for a monetary unit of exchange.
These can be traded and exchanged easily with a readily agreed upon value along with Caps because they are accepted by almost every post-war Tribal group, Wasteland settlement, independent Traders, and most other polities across America. Its supply is also naturally in nature, not manufactured artificially with Fiat money note printing.
(In the Fallout series, we see some form of international travel is still somewhat possible with characters such as Alistar Tenpenny and in Fallout 4 with multiple characters from other continents. Take Gold from the US and bring it to the British Isles, it will still have ready value no matter what. Take simple Fiat bank notes of a faction in the US to say, the Fallout version of West Africa. It would absolutely have no value because the issuer of that tender back in North America literally has no economic influence to back its money in this region miles away; there is no Demand or recognition for it. Conversely with Gold taken from North America and traveling to Fallout West Africa, it has tradeable value no matter what because Gold is a natural unit of exchange from its recognized natural value by humans.)
Fiat currency is only as strong as a nation-state can legitimize and maintain it. The only Fiat currency at the time of New Vegas taking place is NCR currency, which is doing badly from the aforementioned factors of the top of this post. The NCR IS a nation of some sort, but it isn't in the league of pre-war society statehoodship.
It doesn't have the financial instruments or development of robust monetary institutions to handle Fiat when they've have been on a Gold economy all this time and the value of the NCR dollar has plummeted due to lack of Demand with its sudden absence. The only reason why the NCR dollar had high worthiness was due to the inherent value of Gold they had on reserve in a post-apocalyptic society that has an extremely high assessment of value it.
With the Gold-backed era of the NCR (supported in FO2 with Gold Coins directly in circulation and being exchanged), Caps were practically worthless in the NCR territory as comments here note. Now with Gold out of the equation as we can observe with direct evidence, the highest focal point of NCR currency isn't even worth 40% of Cap currency by the end of the NCR-BoS war.
Double Edit: The whole reason why the resource wars in the Fallout universe happened because the main natural mineral resource, Oil, was almost all depleted entirely- in an international society where almost all the pre-war Nations were Oil based economies. Without Oil we see in numerous cases in Fallout in the post-war landscape with products with exorbitant prices due to rampart inflation with money that had no value.
[This](https://www.reddit.com/Fallout/comments/3x9cqj/how_inflated_was_the_prewar_economy_some_of_the/cy348gl?utm_source=share&utm_medium=web2x&context=3) comment here from 4 years ago from the main Fallout subreddit goes into the context of the universe.
In the very intro of the first Fallout game, we see on the TV in the ruined building that is still running- a common non-luxury car is worth 200,000 dollars.
Regular Gas in pre-war Fallout America was 1450.99$
Premium Gas was 8500.99$
To note, America was only one of the nations still with a minutiae of Oil left, but here are the prices.
Source: [Gas Prices](latest (293×291) (nocookie.net))
The Mechanical Pony toy seen in Fallout 3 costs 16,000$.
submitted by Shakanaka to falloutlore [link] [comments]

The death of George Smith aboard a cruise ship on July 5th, 2005, is it another cruise ship suicide or foul play?

George Smith was an American man who, while on his honeymoon in 2005, was reported to have fallen overboard and drowned. Due to his remains never being located and the suspicious details of his apparent death the case remains unsolved.
Background
George Allen Smith was born on October 3rd, 1978. At the age of 26 he had been helping his family run their liquor store in Cos Cob, Connecticut. Described as clean-cut and smart, George was planning to take over the running of the liquor store once he had married his Fiancé, Jennifer Hagel.
Jennifer Hagel was 25 in 2005 and was about to begin a job as a third grade teacher, she had studied and graduated from Roger William's university with a Masters in Education the year before.
The couple had married in June 2005 in what friends and family described as a the perfect story-book wedding at the Inn at Castle Hill, Newport, Rhode Island. For their honeymoon, the couple had decided to take a Mediterranean Cruise.
The Cruise Ship
The Cruise Ship that the newlyweds would be travelling one was the 'Brilliance of the Seas', the ship is a 90,000 Ton, 292 meter cruise ship operated by Royal Carribean Cruises and in 2005 was operating the Mediterranean route between Italy, Greece and Turkey.
With over 850 crew and capacity for more then 2,500 passengers on board, the ship is a large hotel complex at sea. The trip that George and Jennifer Smith elected to take was the longest of the trips offered at the time by the company, a two week round-trip that took in several stops in Italy, Greece and Turkey along the way.
The Events of July 5th 2005
The couple had boarded the ship with thousands of others in Barcelona, just a few days after their wedding in late June. They were said to be very happy and quickly made friends with some other couples, notably fellow honeymooners Paul and Galina Kvitnisky who described them as normal down to earth people who were great to talk to.
The Cruise Ship was travelling off the coast of Turkey on the night of July 4th. The Kvitniskys and the Smith's reportedly had dinner before going to the Casino around 1-2am on the morning of July 5th. The Kvitniskys later said that George was a competent gambler and with his Breitling watch and prosperous appearance he fit right in.
While at the casino George met up with a friend he had made on the trip named Josh Askin, he was teaching him to play craps and Josh's friends, cousins Zachary and Greg Rozenburg joined them with their friend Rusty Kofman. This was apparently interrupted when George noticed a cruise ship employee was getting close with his wife.
Witnesses later said that a Croupier named Lloyd Botah had been showing Jennifer a lot of attention as the night went on. A fellow cruise ship employee said that the nature of their relationship wasnt known to him but that what he had seen certainly went beyond professional boundaries.
When the casino closed at 2:30am, George, Jennifer, Lloyd, Josh, Zach, Greg and Rusty all headed for the disco, sitting at a table together the group had been reportedly drinking absinthe that had been smuggled onboard when George got into an argument with Lloyd Botah about his conduct around Jennifer. The argument reportedly moved to the dance floor and Jennifer and George had a loud argument infront of everyone before she kicked him in the groin and stormed out of the disco.
Lloyd Botah then left to follow Jennifer while a clearly drunk George was helped back to the table by the others. Shortly after the men were seen helping an unsteady George out of the disco. The 5 men walked back to George and Jennifer's Stateroom but when George saw that Jennifer wasnt there he became annoyed and set off to search for her, the other men later said they waited in the room until George returned and the men continued to drink.
Clete Hyman, the man staying in the room next to George and Jennifer, reported that there was loud noises coming from the room next door around 3am, he later explained it sounded like a party or loud card game and had reported the couple previously on the trip for making a racket.
Josh Askin, Greg and Zachary Rozenburg and Rusty Koffman all claim they left George alone in his room shortly after this complaint was made, Clete Hyman says he saw only three men leave the room at that time through his peep hole.
Clete Hyman said he had then tried to return to bed but within a few minutes heard a loud thud, assuming someone had knocked something over or drunkenly collapsed he went to sleep.
Jennifer Smith was found passed out drunk and lying in a hallway in another area of the ship by several crew members and was helped back to her room around 5am, she said that George wasnt there and she slept for a few hours before then waking in the morning and going to a spa despite not knowing where he was.
When questioned later about this lack of concern for her husband, Jennifer explained that they had both slept in other staterooms at different times on the trip so she had assumed he had spent the night somewhere else.
Before she had finished her massage at the spa, Jennifer Smith was paged over the ships intercom and summoned to her Stateroom. Blood had been found smeared on the canopy of a lifeboat that lay beneath the rooms balcony by a passing passenger and the ships captain had wanted to check that neither her or her husband had been injured.
It was at this time it was discovered George was no longer onboard the ship and the alarm was raised.
Investigation
Jennifer Smith was taken ashore along with Josh Askin and they were both questioned by Turkish police within 24 hours of George's disappearance. Jennifer was found to have an alibi though it wasnt made public what this was other then the moment the crew members found her passed out in a hallway around 5am.
Josh claimed that he and his 3 companions had returned to their rooms and ordered room service before staying up to watch tv, the Turkish police found that while calls had been made around the time they said, no food was recorded as having been delivered to them.
Josh then reboarded the cruise ship to continue the journey while Jennifer immediately flew back to the U.S. It was 48 hours later that George was declared likely drowned at sea, his remains were never found.
Josh, Greg, Zachary and Rusty were all expelled from the cruise ship several days later when they allegedly raped a female passenger and taped it on a camcorder they had with them. The Italian Police investigated this and once they reviewed the footage declared that no rape had occurred and the men and their families were put on a flight home.
George's family arrived in Europe by the end of the week, appearing on tv appealing for information and passing out flyers to cruise ship passengers, they criticised openly at the time Jennifer's actions in flying home so quickly and not returning with them. Jennifer and George's family both stated at the time that they believed George had been murdered.
Later Developments
George's family found Jennifer becoming more distant and argumentative with them as the months went by, they said that she once became angry that they had used a cropped photo of George with Actress Tara Reid instead of a photo that included her for missing posters and badges.
In 2006 the Family hired a private investigator, the investigator claimed they had information that indicated a video tape existed showing Jennifer having sex with other men prior to the night of George's disappearance, this tape failed to be located but some in the family have alleged it is in the possession of Royal Caribbean Cruises.
Josh, Greg and Zachary later appeared on Geraldo Rivera and maintained the same story they had already told, Rusty didnt appear.
In late 2006, Jennifer Hagel accepted a $1.1million settlement from Royal Caribbean Cruises, this was far beyond the legal required amount of $70,000 at the time. George's family criticised Jennifer for accepting the money and took her and Royal Carribean to court over the amount of money and the circumstances of the settlement, they alleged Jennifer was trying to avoid details of sexual affairs that occurred onboard during the cruise being made public. Jennifer stated shortly after receiving the settlement that George likely died as a result of a drunken accident.
The FBI became involved shortly after George's disappearance and began a lengthy investigation which found evidence that the Turkish Police had missed. Blood stains were located inside the cabin as well as on the balcony above the lifeboat canopy. Most telling for the investigation was that the blood stain on the canopy was in the distinctive shape of a man, an unusual thing to be found in accidents on cruise ships, typically little blood is left when someone falls from a cruise ship at sea but this seemed to suggest George had already been bleeding badly when he had landed on the canopy and then had slipped off into the sea.
The FBI investigation officially ended in 2015 finding they couldnt rule in the case in any way and returned an open finding. George's family immediately began petitioning the courts to refer the case to a new jurisdiction in order for it to be investigated.
Theories
George Accident
George was heavily intoxicated according to witnesses and cctv from the cruise ship on the night of July 5th, it is possible like in many circumstances of deaths on Cruise Ships that he had stumbled over the Balcony railing and to his death before eventually sliding off of the canopy and into the sea. This is disputed by his family but supported by the accounts of Josh, Greg, Zachary, Rusty and Jennifer.
George Suicide
George may have been despondent about Jennifer leaving the Disco with Lloyd Botah on the night of July 5th, once he was alone in the stateroom and began to sober up he could have been overcome with grief at the failing of his marriage and considering the alleged other sexual partners she had on the trip likely had become depressed and jumped from the balcony, in the dark he may not have seen the canopy below and lay there injured or dead for some time before falling from it into the sea.
George Murdered
George may have gotten into an altercation with whichever of the men had remained behind on the night of July 5th, Clete Hyman has said only 3 left but never publicly identified who he didnt see leaving. George may have been attacked or robbed by the man who stayed behind only to die and then be thrown from the balcony in an attempt to cover up the crime.
It has also been alleged that he may have gotten into an argument with Jennifer due to her whereabouts not being publicly known while the Turkish Police have said they were satisfied her movements had been accounted for.
Lloyd Botah had also been suggested as a suspect in the case as he and George had already almost come to blows earlier that morning, his whereabouts on July 5th after leaving the Disco have not been made public.
Regardless of the circumstances of his murder, Georges family supports the theory he met his end through foul play and people close to him that night have answers.
Jennifer Later Developements
Jennifer later went back to being known as Jennifer Hagel, left the search in 2007 and went to work at the Michael J Fox Foundation for Parkinsons Research in New York. She then moved to Fairfield, Connecticut to work with Near and Far Aid, a non-profit that supports the homeless.
In 2009, Jennifer Hagel married Jeff Agne, a Financial Advisor who worked in Global Healthcare Equities for Pinebridge Investments. The couple went on to have three children as of 2015, Jennifer's family said they couldnt be happier that she has moved on with her life.
The Death of Greg Rozenburg
15 years after George was lost at sea, Greg Rozenburg was murdered on the doorstep of his home by an unknown perpetrator or perpetrators. Police in Davie, Broward County, Florida said in September of 2020 that they hoped their continued investigation into Greg's death might reveal more about George's.
Conclusion
George Smith's case remains unresolved, it has torn family and friends apart and set different jurisdictions investigations at odds with each other. Without his remains being found it's unlikely a satisfactory conclusion could ever be reached in this case.
What do you believe happened to George Smith on July 5th, 2005?
Wikipedia Link
News Article
Photo of Bloodstained Canopy below balcony
submitted by Armchair_Detectives to UnresolvedMysteries [link] [comments]

Your Pre Market Brief for 12/15/2020

WARNING: It is up to you to judge the accuracy and veracity of the below before trading. I take no responsibility for the accuracy of the information in this thread.

Your Pre Market Brief for Tuesday December 15th 2020

Brought to you by MoonGangCapital
You can subscribe to the daily 4:00 AM Pre Market Brief on The Twitter Link Here . Alerts in the tweets will direct you to the daily 4:00 AM Pre Market Brief in this sub.
Other Useful Resources: The Ultimate Quick Resource For the Amateur Trader.
Published 2:33 AM EST / Updated as of 4:00 AM EST
-----------------------------------------------

Stock Futures:

Monday 12/14/2020 News and Markets Recap:

Tuesday December 15th 2020 Economic Calendar (All times are Eastern)

Overnight News Heading into Tuesday December 15th 2020

(News Yet to be Traded 8:00 PM - 4:00 AM EST)
It is up to you to judge the accuracy and veracity of the below before trading. I take no responsibility for the accuracy of the information in this thread.

End of Day and After Hours News Heading into Monday December 15th 2020

(News Traded 4:00 PM - 8:00 PM EST)
It is up to you to judge the accuracy and veracity of the below before trading. I take no responsibility for the accuracy of the information in this thread.

Possible Dip Buying Opportunities in the near future (Other suggestions appreciated):

Suggested Dip Trading Strategy

Offering News:

Commodities:

Other News & Analysis:

Upcoming Earnings:

COVID-19 Stats and News:

Macro Considerations:

Other

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Subscribe to This Brief and the daily 4:00 AM Pre Market Brief on The Twitter Link Here . Alerts in the tweets will direct you to the daily brief in this sub
Other Useful Resources: Stock Market Tools, Resources, Advice, & Tutorials
WARNING: It is up to you to judge the accuracy and veracity of the above before trading. I take no responsibility for the accuracy of the information in this thread.
submitted by Cicero1982 to MoonGangCapital [link] [comments]

The gaming industry will probably kill itself with it's ridiculous $70 price point.

Personally, I'm a gamer. I adore video games and I love getting on a game a tearing up the world I'm in.
Yet AAA gaming has been underwhelming to say the least. The games are often unfinished at launch, micro transactions to an excess, and let's not forget the gambling that more often than not gets to a younger more vulnerable audience.
This really bugs me that companies are really raising their price to $70. Look at Call of Duty Black Ops Cold War. That game is buggy and unfinished. You got like 8 maps to play on for PVP and of course they got that COD battle pass that's probably $50.
NBA 2K21 has slot machines. It's basically a basketball casino WITH THOSE UNSKIPPABLE ADS.
One of the reasons why I had to jump from Playstation to Xbox for these next gen consoles is for that game pass. Why pay $70 a game when with Xbox game pass you can get games for like $10 a month.
Yes I know that other groups are raising the price to $70. It's still fucking inexcusable. These days I reckon that more game development budget is going to outrageous CEO's bonuses and marketing. I mean come hundreds of people every year are being laid off despite the gargantuan profits these companies are making.
You don't have to raise the rate to $70 a game. Look I can afford the price point, but that's irrelevant it's the principle of things. You got these companies dodging taxes, having minors gamble on these games and they're making more money off the micro transactions any damn way.
If you want to continue gaming as a hobby. My advice would be to go on the Xbox or better yet go on PC. Steam and Epic stores will give you so much better deals and better customer service for that matter.
We the consumer base deserve better than this. Have a great day.
submitted by SeekerofKnowledge93 to unpopularopinion [link] [comments]

💎WHAT IS R34P?💎 Development Update!! Farm/NFT 🚀 INNOVATION 🚀

💎WHAT IS R34P?💎 Development Update!! Farm/NFT 🚀 INNOVATION 🚀
🚀 First I will post a quick rundown of what R34P is and then I will write about the Farm/NFT shop we are about to launch and how they interact with each other 🚀

R34P is the first and only legitimate deflationary token which sends rewards in the form of tokens and ETH directly to holders and liquidity providers 🐂
TOKENOMICS⚙️
- R34P (R34P) token benefits every holder with a low-cost charge of 1% fee in every transaction on the blockchain, redistributes to every wallet holder automatically based on the amount of R34P token in their wallets and another 1% will be sent to 0x000 wallet that will automatically burn and reduce the circulation/ total supply.
-R34P sends rewards directly to liquidity providers and holders with out the need to claim allowing the holder to constantly increase the % of the total supply they hold which in turn makes their rewards bigger, at the same time the total supply/circulating supply is being burned, creating a compounding effect which results in an exponential growth curve.

THE FARM ⚙️
We have decided to create a farm in order to promote the health and price appreciation of R34P. The deflationary reward token you earn from staking lp tokens in the farm contacts is called GR1M. Pairs available for staking are R34P-ETH lp token, GR1M-ETH lp token, and GR1M-R34P lp token. The rate of return you achieve from these farms as well as the burn rate of GR1M is dependent on how many R34P and GR1M you hold in your wallet, how early you got into the pool, how long you have been in the pool, and which exclusive NFTs you hold!!

NFT INTEGRATION ⚙️

The exclusive NFTs available in our shop and as rewards for interacting with the farming and game contracts are original pieces of art created by professional artists that are extremely limited and only available through swapping GR1M for them in the NFT Bazaar or interacting with our contracts. The beauty and originality of the art alone makes these NFTs worth collecting and trading, but people who know R34P know we don't do anything unless it's ground breaking and we are going above and beyond all expectations.

On top of the artistic, collectable and investment value of our NFTs you also unlock special abilities allowing you to interact with and benefit from the farm and GR1M contracts in different ways by holding specific exclusive NFTs. For example holding a rare NFT from our shop may reduce the burn rate of your GR1M token from 3% to 1% allowing you to collect more rewards!! While another NFT could send your % of the GR1M tokens which would other wise go to a burn address, into the liquidity pool to be locked allowing you to continue to reap rewards from farming it instead of those tokens getting destroyed through a burn address. In this way we are adding more gamification to the system, as wall as giving secondary and third use cases for our tokens/NFTs!!

A NEW MODEL OF GOVERNANCE ⚙️

Every individual will be able to use the NFTs they purchase to get the maximum value out of our contracts given their investment strategy. When enough individuals are acting on these contracts using the NFTs to reach their farming goals it essentially becomes a governance model where the whole ecosystem and be bent and shaped to the will of the stakers and NFT holders! It's really an exciting opportunity to be a part of 🥳

IN CONCLUSION ⚙️

There is so much more I need to cover about the tokenomics of the farm & GR1M, the details of how all the different NFTs can be used, the launch process, and further development which include a casino which has already been built but I wanted this to be an introductory post about what we are launching in the next couple days! In a follow up post I will go into greater detail about everything!!

NOW IS THE TIME TO GET INTO R34P!! The 48 hour countdown and the link to the farm will be made public tomorrow. When this is done a massive promotional push will be made including youtube interviews, AMAs with large promotional/research groups, calls made by the largest influences in the space, and posts/targeted ads going up on every major social media platform. GET IN NOW AND BEAT THE CROWD 🚀🚀

Here is a sneak preview of the farm website: https://imgur.com/a/HYXjxue

Important Links 📌

TELEGRAM💭
https://t.me/R34Ptoken
UNISWAP🦄
https://app.uniswap.org/#/swap?inputCurrency=0xcaeaf8381d4b20b43afa42061d6f80319a8881f6
ADD LIQUIDITY➕
https://app.uniswap.org/#/add/ETH/0xcaeaf8381d4b20b43afa42061d6f80319a8881f6
DEXTOOLS📈
https://www.dextools.io/app/uniswap/pair-explore0x5c460c0054fd472a821a5a601378f0d2bf02a9b4
ETHERSCAN CONTRACT📑
https://etherscan.io/address/0xcaeaf8381d4b20b43afa42061d6f80319a8881f6
LOCKED LIQUIDITY🔒
https://v2.unicrypt.network/pai0x5c460c0054FD472A821A5A601378f0d2bf02A9b4
COINGECKO 🦎
https://www.coingecko.com/en/coins/r34p
https://preview.redd.it/hgcvqau1f3861.png?width=1920&format=png&auto=webp&s=c93c141821328771ccc289ca38c32c5ddf291583
submitted by stocktrader15 to CryptoCurrencyTrading [link] [comments]

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