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Arizona Casinos

Arizona casinos are located in the “valley of the sun,” in the Southwestern part of the United States. Arizona is known for its climate and magnificent scenery; from the desert to the mountains, the landscape is as varied as it is beautiful. The population of Arizona is over 5,000,000, and the capital and largest city is Phoenix, with a population of over 1,400,000.

Arizona casinos were legalized on Indian or Native American reservations in the 1990’s, and tribes are given “slot allotments” for the number of slot machines allowed in each casino. There are 15 cities, with Arizona casinos, run by various Indian tribes. The minimum age for gambling at Arizona casinos is 21, and the majority of these casinos are open for 24 hours. Harrah’s Phoenix Ak-Chin Casino Resort, in Maricopa, is open 24 hours and has 40,000 square feet of gambling space, with 950 slots, and eight table games. Casino Arizona, in Scottsdale, is open 24 hours, with 30,000 square feet, 500 slots, and 36 table games; and the Paradise Casino, in Yuma, has 30,000 square feet, 750 slots, and 15 table games.

The largest of the Arizona casinos, Casino Del Sol, is located in Tucson and is open 24 hours. This 240,000 square foot casino has 1,000 slots, 20 table games, and six restaurants. Another one of the larger Arizona casinos is the Desert Diamond Casino in Sahurita, with 185,000 square feet of gambling area, 498 slots, 15 table games, and four restaurants. The Desert Diamond Casino is open Monday through Friday, from 9:00 a.m. to 4:00 p.m., and 24 hours on Saturday and Sunday. There are several other large Arizona casinos, including the Cliff Castle Casino in Camp Verde, with 140,000 square feet, 575 slots, and ten table games; and the Gila River Casino – Vee Quiva in Laveen, with 89,000 square feet, 675 slots, and ten table games.

In addition, the Blue Water Resort and Casino on the Colorado River in Parker, Arizona, offers blackjack and poker, as well as slots, bingo, and keno. One of the most popular Arizona casinos is the Fort McDowell Casino in Fountain Hills, with daily no-limit poker tournaments, 24-hour tableside food service, and the highest poker jackpots in Arizona. Some of the smaller Arizona casinos include the Yavapi in Prescott, with 6,000 square feet, 250 slots, and eight table games; and the Spirit Mountain Casino in Mojave, with 9,500 square feet and 260 slots.

Arizona casinos offer great entertainment and non-stop gambling in true Las Vegas style.

Arizona Casinos

Arizona casinos offer great entertainment and non-stop gambling in true Las Vegas style.

An Introduction To Casino Gambling

Casino gambling has been a hot source of debate among people coming from various religious and economic backgrounds.

Religious authorities generally frown on casino gambling because of its perceived social costs. This is why in highly religious countries, casino gambling (or any sort of gambling)is not allowed. Most Islamic nations specifically prohibit gambling while other nations tend to regulate it to some extent.

Most legal authorities also put some sort of censorship on gambling. The law does not recognize wagers as contracts and views consequent losses as “debts of honor” that cannot be enforced through the legal process. This leads to organized crime taking over the enforcement of large gambling debts, sometimes in a violent manner.

Since contracts of insurance have many features similar to wagers, legislation makes a distinction between the two. It typically defines any agreement wherein either of the party has an interest in the outcome of the bet beyond the specified financial terms as an ‘insurance contract.’ So the bet on whether one’s house will burn down becomes a contract of insurance, since a person has an independent interest in the security of his or her home.

Many people participate in casino gambling as a form of recreation and sometimes as a means to have more income. Before you become obsessed with casino gambling, remember that like any form of behavior, it involves variation in brain chemistry. Thus, it can lead to disruptive behavior and psychological addiction. The phenomena of reinforcement may also make gamblers persist in gambling even after incurring repeated losses.

Russian writer Dostoevsky portrays in his short story entitled “The Gambler,” the psychological effects of gambling on gamblers. He suggested that the idea of gambling or the get-rich-quick mentality may have originated from the Russians. He shows the effect of betting money for the chance of having more money in 19th century Europe. The origins of the Russian roulette fueled legends associating Russians with gambling.

Due to the negative connotations of the term “gambling,” casinos and racetracks owners often use the word “gaming” to connote the recreational activities they offer.

Alaska Casinos

Alaska is better known for extreme climate over much else. Touting an environment that goes from extreme winter weather to harsh, dry, summer climates, many of the activities in Alaska are centered on the great outdoors. Wildlife is abundant, whale watching and Alaskan cruises have become the stuff of dream vacations, and the resources found in Alaska are known for being unrivaled.

There are close to 650,000 residents living in Alaska, which is the largest state in the U.S. There are at least 365,039,104 acres of land in Alaska, and much of it is devoted to primitive, wilderness areas. This is part of the reason that being outdoors is an important aspect of Alaskan culture.

However, indoor fun is not to be discounted in Alaska as Alaska casinos provide quite a bit of entertainment around the state. Many of the Alaska casinos are owned and operated by Native American tribes. Alaska casinos are spread out all over the state and most offer a break from the outdoors for some fun and excitement inside.

The Atka Ira Council is a casino in Alaska, located in Atka. The casino specializes in bingo and also boasts a bed and breakfast as well as a loaded snack bar.

CBJ Bingo, run by the Tlingit and Haida Indians, is another large bingo facility operating in Alaska. This Alaska casino is located in Juneau and has one of the largest bingo operations in the state.

Other Alaska casinos featuring large-scale bingo operations include: Klawock IRA Pull Tab Shoppe, located in Klawock and Sitka Tribal Bingo in Sitka. These casinos serve the needs of the community around them by offering entertainment in the form of the easy-to-learn, lucrative game of bingo. Bingo is the draw and focus of most Alaska casinos.

One of the more unique Alaska casinos is the Shoonagac Tribal Bingo, located in Kodiak. This Alaska casino features total slots as well as bingo.

While there are not an abundance of Las Vegas-style casinos located in Alaska, there are a number of medium-scale Alaska casinos specializing in gambling ventures like bingo, which are low-profile games, but fun and exciting just the same. The laid-back attitude of Alaskans can be demonstrated in the laid-back vibe of Alaska casinos. They are just as much fun as their large-scale, flashy counterparts and perfect for the population of this large, but low-key, state.

Alabama Casinos

Alabama is a southern state located in “the Heart of Dixie”, with a rich history dating back to the Civil War. It is known for its Magnolia trees, lush gardens, grand old historic homes, and southern hospitality. Alabama, with a population of over 4,500,000, is adjacent to Georgia, Mississippi, and Florida. The capital of Alabama is Montgomery, which was the first capital of the Confederacy.

Alabama casinos are for the most part bingo casinos, which are run by Native Americans. Casinos can only be run on Native American land, since there is no legalized gambling as such in the state of Alabama. The revenue from the Alabama casinos, as a result, is not taxed by the state of Alabama, since Native American tribes own them. The majority of gambling in Alabama can be found at the horse racing tracks and dog races, in addition to a few slot machines, video gambling machines, and pull-tab cards at these locations.

There are three Alabama casinos, all located within 20 minutes from the capital of Montgomery, that do a thriving business. The Creek Entertainment Center in Atmore is open for gambling Monday through Thursday from 10:00 a.m. to 12 Midnight, and Friday and Saturday from 10:00 a.m. to 4:00 a.m. There are 1,000 bingo seats for live games, 200 electronic bingo machines, a number of pull-tab card selections, and one restaurant at the Creek Entertainment Center. The largest of the three Alabama casinos is the Tallapoosa Entertainment Center in Montgomery. The Tallapoosa is open 24 hours a day, seven days a week for casino gambling. There are 480 electronic bingo seats in 21,000 square feet of gaming space, with a full bar and grill for added convenience. The list of Alabama casinos also includes the Riverside Entertainment Center, located in Wetumpka, which is run by Native Americans as well. The Riverside casino is open 24 hours a day, Monday through Saturday, from 12:00 Noon to closing time, and Sunday, from 1:00 p.m. to closing time. This Alabama casino has 16,000 square feet of gambling area, a large selection of over 530 slot machines, and an onsite restaurant.

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Alabama could profit enormously from having casinos located along the Gulf Coast, both onshore and on riverboats. This would encourage competition between Alabama and its neighboring state, Mississippi. The revenue to be gained from legalizing Alabama casinos and the boost it would provide to the economy may hopefully spur the state government to open Alabama to legalized gambling in the near future.

Tips For Online Stock Trading

Trading stocks online can be a lucrative arena to enter, however, this may also come with great risks. If you are not well equipped with the artillery to get you through the online stocks jungle, then you might end up losing so much than what you have bargained for. Here are a few tips that could help prepare you for online stock trading.

Choose A Smart Trading Style That Works For You

Take time to consider what type of trading you would want to do and what style would best fit your lifestyle. For example, if you are interested in day trading, keep in mind that in order to do well in this particular field, you may need to be in front of the computer and on the telephone for very long hours in a day.

Whatever trading style you may choose, may it be day trading, short-term trading, weekly trading or even monthly trading, consider the nature of these styles and how you can fit them into your way of working.

Find A Good And Legitimate Broker

Another very important thing to remember in online stock trading is to find a good broker. Make sure that you take time to get to know your broker by checking whether the firm is legitimate under the SEC and if it receives good reviews from those with experience in trading.

The type of trading style that you decide to delve into should also greatly determine on which broker would be best for you. If you were engaging in day trading, then it would be best to choose a firm that has very good and accessible technological services. Other styles of trading can manage less sophisticated brokers.

Choose A Very Good Strategy

Because of the fact that stock trading involves so many risks, choosing a very good strategy can be very helpful for you to weather obstacles that will come your way.

Make sure that you choose a trading method that will take advantage of both up and down markets. A strategy that will work in all types of markets will surely be beneficial because you never know when demands for stocks may increase or go down, and surely, you wouldn’t want to end up losing money because you failed to foresee the different trends of the market.

Aside from this, make sure that your strategy involves minimal risks and gives you high rewards. It is always better to prevent and control risks than allow the chances that you may have to face serious dilemmas. Risk management is very vital in order to become successful in online trading.

Know About Stocks

Take time to know which stocks would be wise to place your investments on through extensive research or even through seeking the help of a professional. It is important that you are aware of the type of stocks that you risk your money on, after all, whatever results these may garner in the market will surely affect whether or not you will gain or lose profit.

Also take time to know when it would be best to sell your stocks. Most people just focus on what and when they should buy stock, but often times they forget how important it is to consider when would be the right time to sell. Take in mind the signs and conditions that can give you signals on when it would be best to get out of a bad investment before you lose substantial amounts of money.

These are all very basic, yet very vital things that anyone who wants to engage in the online stock trading business must know. After all, investing on your own knowledge and skills in trading is the most important thing that anyone must consider in order to win in this very risky trading game.

Follow these tips and surely, you can get a significant difference in your performance as an online stock trader.

The Basics On Stock Trading

The most common picture that comes to mind when people hear about stock trading is the one we see in movies where men in suits basically shout and wrestle each other in some huge New York building to bicker about money. Although to some extent, there is some truth to this image, trading in the stock market is actually a more complex concept that helps many people earn money and keep businesses alive.

The concept of trading fundamentally consists of the buying and selling of stocks among individuals or companies through brokers. Through buying a share of stock or a share of ownership in a particular company, an individual can then benefit and earn money from however the company they invested on may fair in the market.

There are two basic methods in which the stock market operates –on the exchange floor where buying and selling is done more traditionally and electronically where technology takes on the exchange game.

Trading On The Exchange Floor

The trading that occurs on the more traditional exchange floor of the New York Stock Exchange (NYSE) is basically what most of us have become accustomed to from seeing it in the movies and on television. Basically, the NYSE consists of many brokers who negotiate the deals for individuals to be able to trade stocks.

As chaotic as the stock exchange floor may seem, there is actually a common pattern that occurs among most simple trades. First, an order to buy a certain number of stocks would be negotiated through a broker. After this, the broker’s order department would forward this arrangement to their floor clerk on the exchange. The floor clerk would then inform the company’s floor traders in order to find other traders that are willing to sell the equal number of stocks from the company that is offered to be bought. After the two parties agree on a price and close the deal, the message would be forwarded back up the line, and the broker would then inform the interested buyer on the final price.

Negotiations may take a few minutes or even longer, depending on the performance of the stocks as well as the market. For more complex trades and larger orders of stocks however, there may be a more complicated process but the principles basically remain the same.

Trading Electronically

A growing trend these days however, is trading stocks electronically, which is done through advanced computerized systems. Unlike the NYSE that generally operates through the manpower of brokers, its counterpart, the National Association of Securities Dealers Automated Quotations (NASDAQ), trades stocks completely through electronic means.

These electronic markets forgo with human stockbrokers and instead make use of advanced computer networks to match buyers and sellers. And through this method, transactions are usually faster and more efficient.

Through electronic trading, investors get many benefits such as being able to get faster confirmations, as well as facilitating control by having online investing readily available through the Internet. However, brokers basically still handle the trades, as investors do not have direct access to the electronic markets.

The process that takes place in both methods however, is usually hidden from investors. Typically, if you are an investor, a call from your broker and regular reports on your stock investments would be provided for you, but you will not really get to see what is happening behind the scenes.

Through the investments that individuals make, many businesses are kept afloat and running. And in exchange for this, investors get a fair share of earnings. Stock trading may be a complex process, but at the end of the day, many people basically benefit from all of it. As a result, the whole concept becomes simple.

Stock Options – Comparing The Two Types

The trade for stock options is fast on the rise in the market these days. With its many trading benefits and high promises for financial profit, many have become quite interested in buying and selling such contracts. Let us learn about the two types of these options in order to better understand how to trade them.

Knowing how each of these options would work to your benefit as the contract holder can surely come in handy with the volatile trends ongoing in the stock market.

The two major types of option contracts are the call option and the put option. Each of these contracts holds rights and benefits for their owners. Let us discuss each of these and how they can be useful to you.

Call Options

A call option is a type of contract that gives its owner the right to buy the underlying stock at a certain fixed price (also called the strike price) within a specified time frame, which should be on or before the expiry date. The buyer of a call holds the right to purchase shares at the strike price until the date of expiry. The writer or the seller of the call on the other hand, holds the obligation.

If a call buyer chooses to exercise his or her option by deciding to purchase the underlying share, then the call writer is then obliged to sell his or her share at the negotiated strike price.

For example, an investor purchases a call option from a certain company with a strike price of $10, which will expire in two months, then that buyer holds the right to exercise his or her option by paying the value of $10 for each share. The writer, on the other hand, would be obligated to give up the shares in the exchange for $10 for each of them.

Put Options

On the other hand, a put option is the total opposite of the previous. It is a contract that allows one to sell the underlying stock at a certain price on or before the expiry date. A put buyer holds the right to sell shares at the strike price, and following this, a put writer will then be obliged to sell at the negotiated price.

And so, if the investors who have purchased the stocks of a company would have growing concerns that business may not fair a current market slump, then they can buy a put option at a certain strike price in order to ensure the safety of their gains.

These investors would then hold the right, until expiry, to be able to sell their stock shares for the same amount they paid for them. Sellers of the put are then obligated to buy back the shares. If in the event that the company really did not do well during the market slump, then this could hurt on the part of the put seller.

Knowing about the differences between these two types of options are the first major step to guide you in making decisions in trading stock options. Be sure that you know what risks are involved in each type, so you would be able to know whether to buy a call or put option with the current behaviors of the stock market.

Stock Trading – When Should You Sell Stocks?

Among many stock traders, one mistake commonly made is that investors may often exhaust themselves on merely thinking about buying stocks without foreseeing that there may come a time that they may need to let go of such stocks for lucrative reasons. Sometimes, you may realize that selling can really be more practical than holding on to something that may cost you more in the long run. Let us learn why and when you should sell stocks.

When Your Stock Investment Is No Longer Doing Well

One very major reason that you may need to consider selling your investment is when it has gone sour by underperforming in the market. There may come a time when investing on certain stocks may even cost you more than the actual gains that you get in return.

There are times however, when you do not necessarily have to sell within the instant. Make sure that you check possible reasons why your stock has not been doing well, certain factors like the wrong market timing or the occurrence of certain changes within the company may normally cause some decline in stock behavior.

But when you have noticed that your stock has not been meeting your expectations for a consecutive number of trading quarters, and then it may certainly be wiser to just save yourself from a bad investment.

When A Better Opportunity Presents Itself

Another good reason to sell your stock is when there is a better opportunity available in the market. This is a frequent reason for many people to sell stocks and may create a churning in an investor’s portfolio, which may mean that the investor’s account extremely active through frequently purchasing and selling in order to generate profits.

As what has been previously mentioned, once you believe that an investment has truly gone sour and it would be quite difficult to rise above the decline, then the best option for you would certainly be selling and looking for better opportunities available.

When Your Reason For Investing Is No Longer There

Lastly, another of the most common reasons why you should sell your stock is when you have lost your belief in your investment. If you have lost or have already met your reasons for investing, then, it may be normal for you to feel that you should sell your stock.

There may be many reasons for you to invest on stocks and some of these may perhaps be the possibility that you want to gain commissions from a certain company or perhaps you truly believe in a certain company’s product.

However, when the time comes wherein you no longer believe in investing in your stocks or you have lost your reasons to do so, then selling your shares may be the right thing to do.

It is only smart if you are an investor to not only think about purchasing or buying stock shares and to stop at that. There really must be a certain degree of preparation on your part to be willing to sell your investment at some time. After all, if your investment no longer proves to be practical for you to keep, then selling it may be the best move for you.

Remember that for you to be successful in stock trading, you must be prepared with the many highs and lows of the game. Keep in mind these reasons stated above on when you should consider selling your stocks and perhaps, the selling option could be a great route for you to rise above declines.