I doubt he rented the space to put in an esports arena
http://www.statecollege.com/news/lo...c-signs-lease-option-at-nittany-mall,1477003/
http://www.statecollege.com/news/lo...c-signs-lease-option-at-nittany-mall,1477003/
Ira lubert wants to open a casino at the nittany mall
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Nittany Gaming? Great! Its been a while since we had a big ass arcade at the mall!
I don't know how many quarters I put in the old arcade trying to beat the Top Gun game
They should do what they do in Singapore. There you have to have a passport from another country to enter the casino. They don't want to take the money from their own people, only foreigners.
Spencer Gifts and Slots...
I’ve never understood the public’s fascination with casinos. I suppose it’s the rush. But the longer you gamble the more likely you are to lose. The “science” of casinos is pretty interesting - the ding ding noises of the “slots”, the lighting, no windows or clocks, knowing which machines to place where, the free booze and the cleavage of the cocktail girls. I remember seeing a billboard on the Walt Whitman bridge advertising a casino in AC as having the “loosest slots in town” - an interesting obvious (to me) sexual reference. It’s all geared towards separating the customer from their money. I’ve attended business conferences in Vegas and walking through casino floors at 8:00 AM and seeing people who haven’t been to bed yet. Its not exactly James Bond in Casino Royale. It seems so desperate. It’s just crazy. And how much do you have to bet to make it interesting? You’re more likely to go broke than get rich. I’d rather buy something nice than put serious money at risk. And if it’s not serious money, it’s just boring.
I suppose I enjoy watching horse racing but it’s just because I like watching horses run. I still wouldn’t bet more than $5 per race, and I know many races are fixed or at least the outcomes manipulated. Maybe I’m in the minority as gambling seems to be a popular past time for many people. Just not my thing.
I suppose I enjoy watching horse racing but it’s just because I like watching horses run. I still wouldn’t bet more than $5 per race, and I know many races are fixed or at least the outcomes manipulated. Maybe I’m in the minority as gambling seems to be a popular past time for many people. Just not my thing.
I certainly agree with the "pathetic" nature of most casino dwellers. So many of them are obviously living on limited means. Some (many?) of them smoke while wearing their oxygen. It is a truly pathetic scene in most casinos at certain times of the day/night.
Locals are allowed to enter, they just have to pay to do so. Tourists get in free. Personally I don't have any issue with casinos. I go to them myself, bringing only money I can afford to lose, and I have some fun at the tables for a bit while enjoying "free" drinks and mingling with my friends and others that happen to be there. It's just another form of entertainment. If it's not for you, cool. But it's not like it's some god awful miscreant behavior that some make it out to be.
I worked at Mohegan in wilkes Barre and it is truely a sight seeing old ladies with purses filled with $100 dollar bills feeding these machine hours on end. They must go through $10,000s of dollars a night.
Why? He already gambles with Penn State’s money.
Except that if locals can’t gamble in PA, they can go to Jersey, Maryland, New York, or Ohio. And if they really want to piss $ away, they can buy lottery tickets at the local gas station. If they are going blow $ on gambling, I’d rather they keep it in PA.
Can we bet on how many times Harbaugh gets caught picking his boogers this season?
Of course even the government is in the gambling business directly with the various lottery games. I’ll admit
to buying a ticket when the payouts are projected to reach $300 million or
more. I don't to expect to win, but I enjoy a few days of fantasy of thinking what I would do with the money if I do win. Maybe people who play every day prolong the fantasy of wining big and look forward to the daily drawing.
to buying a ticket when the payouts are projected to reach $300 million or
more. I don't to expect to win, but I enjoy a few days of fantasy of thinking what I would do with the money if I do win. Maybe people who play every day prolong the fantasy of wining big and look forward to the daily drawing.
As I told my kids when they marveled at the Bellagio when we stayed there "think of all the losers it took to build this place".
That is a good question to which I don't know the answer. I have to learn what the regulations are. I heard mention somewhere of a State tax of as much as 10%.
If you are betting at the track (or by OTB somewhere) there is already a substantial rake taken out of the W-P-S pool. The exotics - the DD, trifecta pool, Pick-4, even MORE money is taken out of the pool so if you win, you're getting paid less than the mathematical odds say you should get.
Now, that's all right to a point. The track has to be paid - they're providing a racing venue for you and there are lots of expenses. The OTB places need to keep the lights on. The ownership wants a profit, which they are entitled to. And the State gets a cut.
But if I bet the same race at a casino sports book, I better get paid the same if I was at the track live, or if I played at the Meadows OTB parlor, or if I called it in on Telebet. If the State is going to take ANOTHER slice, then they can go to hell. There'll be no money left. It's hard as hell the way it is to cash a ticket on the horsies. So I guess we'll see soon enough. @Victor E. Bell
You get track odds. The providers have it baked in. You know that going in.
PA is already the crookedest horse racing state in the country. I've been in the offices of the PA Horse Racing "commission" and it is a glorified phone booth. The head honcho at that time was chasing his tail, had no idea what he was doing. I almost felt sorry for the guy until I understood that he was a political stooge. The doping and clocker fraud that went on for decades was always ignored. Lately a few people got jammed up. Yay.
Read Paulick Report and search on Penn National.
No action in PA will be better than what you can get in LV, but it will be successful because of the volume you know they will get. PA turned out Atlantic City's lights. It's a volume business.
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To your larger point why did State College never have an OTB when Chambersburg, Johnstown, Hazleton, Williamsport, and Reading did? The State College area was ripe. State College is certainly a larger and more affluent community than Hazleton, Williamsport, or Johnstown.
Who needs lottery tickets when you can drink and gamble at any bar with Keno? Coming to every bar in State College and greater PA. Just remember, it's to benefit older Pennsylvanians.
Who needs lottery tickets when you can drink and gamble at any bar with Keno? Coming to every bar in State College and greater PA. Just remember, it's to benefit older Pennsylvanians.
Couple years ago I was in Albany. They have this scam up there in NY (I call it Canada). We were in this pizza place waiting for a stromboli or some such. It was a Saratoga trip for the ponies, TBH so I'm not exactly taking the high road here. I like to gamble, OK. TVs all over the place showing these numbers.
Many people going up to the counter to buy Keno tickets. We all threw five bucks in and won two bucks twice, I think. The stores must get a nice enough piece. I was embarrassed cashing two $2 tickets out of $40. Same as a scratch-off. Avoid.
Casinos are often used to launder money. Reporting/accounting rules, if enforced, control that pretty well, but no idea how that works in PA. Just guessing it is about as airtight as our judiciary.
Wonder how many Russian friends Lubert has.
Wonder how many Russian friends Lubert has.
Unknown but in the beginning there was a super secret squirrel group of enforcement officers who were dedicated to snoop into this stuff. It was dissolved about '07 or '08 for reasons untold. Some might find their answers in "The Quiet Don" if one were to believe everything one read.
The science is very interesting. Casinos hired math and stat wizards to come up with concepts like employing the “Law of Uncertain Rewards” for slots. Using mice and cheese as an analogy to gamblers and slot payouts.
You mean when Tom Corbett was Pa Atty General? Wow. You don't say. Isnt that something?
It probably had a lot to do with the fact that Fast Eddie was governor. This is how Eddie did business:
https://www.phillymag.com/articles/2007/05/23/gaming-the-system/
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Yeah, I am sure the state's top law enforcement official has no say in the use of the PSP.
And I'm sure the governor had no say, in what was considered a top priority in his administration.
Lubert gets his casino
Mini-Casino To Be Located In Centre County Near Penn State
Philadelphia business investor Ira M. Lubert submitted a winning bid of $10 million to develop another Pennsylvania gaming property.
www.pennbets.com
Better or worse: How would a casino change the community in Happy Valley?
We're about to find out.
We're about to find out.
I think if you look at most locations where casino's are located the bankruptcy and divorce rates locally skyrocket in the ensuing 12-24 months after they open.
We may see a small increase in hotel visits and restaurant visits. But more crime will follow no doubt in the near area of the casino as happens in many cities that have done this.
Not relevant to the casino, but does anyone foresee any significant population growth in the future for State College? Any new industries? I suppose this would be, and therefore, somewhat relevant after all.
