Kentucky Enters March Madness As A Big Favorite

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The Kentucky Wildcats are favorites to win the NCAA tournament.

March Madness is known for being a crazy, sometimes unpredictable tournament where even great teams often have upset by the unlikeliest of underdogs.

Yes, one of the best teams frequently wins, but which of the teams that are top come out on top and that will fall in the early rounds is always a topic of debate.

Which may not be the scenario this year. The Kentucky Wildcats have entered the NCAA Men’s Basketball Tournament as an even money favorite to win the National Championship, making them possibly the biggest favorite in current history.

Those are the odds at the Westgate Las Vegas SuperBook, plus they are echoed closely by online sportsbooks, where Kentucky is also the favorite that is clear.

Depending on who you place your bets with, you may find yourself getting the advantage of 6-5 odds, or forced to lay 9-10 chances from the industry: but irrespective of where you bet, Kentucky is right around that even money mark.

According to Ed Salmons, whom heads up the college basketball oddsmaking at the SuperBook, this is the first time in at least twenty years which he can remember a team coming into the 68-team NCAA tournament being an even money favorite. A year ago, Florida came in since the favorite, but offered 4-1 odds.

Kentucky Touted As Potential Champion Also Before Season Began

What makes Kentucky such a champion that is likely? The Wildcats came into the year with an crop that is incredible of freshmen, leading some to recommend they had a chance to go undefeated even before the summer season began. Four players regarding the Kentucky roster are anticipated by to be picked into the first round of this 12 months’s NBA Draft, including freshman center Karl-Anthony Towns, the projected overall no. 1 choose.

There were some scares along the way. Surprisingly, Kentucky struggled against Columbia early in the period, and had two straight overtime wins in January against Mississippi and Texas A+M. But despite a few close calls, Kentucky now stands at 34-0 and could become the team that is first complete the period undefeated since the 1975-76 Indiana Hoosiers.

Kentucky doesn’t yet know who they are going to play in their first game, as they are going to play the winner of a game between Manhattan and Hampton. Kentucky is a massive favorite for the reason that game, though it is not likely that they can beat the 1999 Duke Blue Devils, who were a 47-point favorite over Florida A&M in 1999, the largest line of the last 20 years of this NCAA tournament.

Duke, Arizona, Wisconsin Among Potential Winners

Speaking of Duke, they’re among the crop of groups given at least some opportunity to win the tournament should Kentucky fall short. The SuperBook has them being a joint second-choice with the Wisconsin Badgers, with every one of them being provided by 6-1 odds. Villanova, the# that is fourth seed (along with Kentucky, Duke and Wisconsin), may be backed at 8-1 odds.

Between Kentucky and Villanova, that produces two teams that are top a Wildcats mascot. But there’s a third set of wildcats that have also attracted lots of attention from bettors: the Arizona Wildcats, who are the #2 seed into the western Region. The SuperBook has Arizona listed at 15-1, many books keep these things with odds since short as 13-2, making them the second choice of some oddsmakers.

The NCAA competition begins on Tuesday, March 17, when initial of the ‘First Four’ games will likely be played. The main 64-team part of the competition starts on Thursday, March 19.

Italian Mob Mimics Las Vegas History by Taking an item of the Slot Action in Italy’s Legalized Gaming Scene

Despite legalizing gambling, Italy continues to fight Mob racketeering and influence in its video gaming industry. (Marcello Paternostro/AFP/Getty)

Italy’s gradual gambling expansion for the past two decades was expected to repress organized crime by bringing an once-underground industry back out into the open.

But according to Italian prosecutors, the landscape that is newly legal, in reality, presenting the Mafia with more moneymaking opportunities than ever.

The gambling business in Italy is huge, with Italians gambling an extraordinary €80 billion ($84.7 billion) a year, very nearly five per cent regarding the nation’s gdp.

About half of the is spent on slots, which may have proliferated throughout Italy via the nation’s caf&eacute espresso and;s bars.

There are actually twice as many slots in Italy, 400,000 nationwide, as you can find in Las Vegas.

In 2012, Franceso Valle was sentenced to 24 years in prison, having been found to be head of a Mafia clan that specific in extortion, loansharking, and money-laundering, in addition to operating a perfectly legal gambling business.

The court heard that family moved from Calabria within the south to Milan, the nation’s northern economic capital, where it acquired a handful of bars and 3 or 4 slots. The clan had built a gambling empire of over 1,000 slot machines in the space of three or four years.

Proliferation of Slots

More slot machines across the country now ensures that Mafia families from the south, which might typically have invested their ill-gotten gains in farming or trucking businesses, are migrating to your wealthier north and investing within the more profitable gambling that is legal, as the Valles had done.

A man plays slots in a café in Pavia, in north Italy. Nearly five % regarding the country’s GDP is currently wagered on the machines each year. (Image: Allesandro Grassani/New York Times)

‘Criminal clans earn a profit that is robust from their ‘very diffuse’ investments in legal gambling,’ Diana De Martino, a magistrate at the national anti-mafia prosecutors’ office, told Reuters.

According to Italy’s gambling regulations, machines have to pay back 75 percent of their revenue in winnings, with profits divided equally involving the state and the operator. However, based on a CNN report, machines can be rigged and taxation papers manipulated.

Tax Evasion Rife

‘Organized crime has an interest that is huge this gambling sector,’ stated Major Fillipo di Aldbor of the country’s financial police.

‘ We’re talking about a complete lot of money. Financial police have different techniques to combat this. Our task is to control the concession owners papers that are licensing their tax payments to make certain they’re working legitimately. At any time we can check always whether there has been tax evasion on the slot machine game as well as other wagering machine.’

Nonetheless, while the industry has been infiltrated by organized crime, Massimo Passamonti, president Italy’s main video gaming lobby, the Confindustria Sistema Gioco Italia, says the substitute for an available and legal gaming market is a whole lot worse.

‘Prohibition creates a larger criminal market, perhaps not a smaller one,’ he stated.

Meanwhile, while the economy that is italian struggled in the last few years, the gambling industry employs 25,000 in its ranks, and 100,000 more natives work in related activities, Passamonti said.

Bloomberry Plans To Buy South Korean Island, Casino Operator

Bloomberry currently owns and operates the Solaire Resort and Casino in Manila. (Image:

Southern Korea could be the next big target in the world of Asian casinos, especially if Japan doesn’t pass the casino gaming bill that so many operators happen hoping to benefit from.

The Philippines’ Bloomberry Resorts Corporation could be looking to get involved with South Korea eventually, because the company announced that it wants to purchase both an island and a casino operator in South Korea tuesday.

Right now, Bloomberry operates online into the Philippines and operates a south subsidiary that is korean Solaire Korea.

It’s Solaire that appears to be the company straight involved in the purchase, as they have apparently finalized an agreement purchasing as much as 92 % of Golden & Luxury Co Ltd., which already has and operates T.H.E. Hotel & Vegas Casino on Jeju Island.

Island Buy Could Provide Location for Future Resort

That purchase was along with another deal that will see Bloomberry purchase Silmi Island, which contains over 51 acres of land, which is the main Incheon Free Economic Zone just west of Seoul. No prices were established for either purchase, and the transactions still need to be subjected to government regulations before they could be finalized.

Now, Bloomberry runs and owns the $1.2 billion Solaire Resort and Casino on Manila Bay. However, the company says which they will be looking to expand into other Asian markets within the future that is near.

‘Our company is now slightly moving our focus to many other destinations,’ said Bloombery Chairman Enrique Razon in a statement. ‘Although this may happen next few years, it is good company to start prospecting, and Korea is a most likely choice because of its positive investment climate.’

It seems that the plan for Bloomberry are looking to build a tourism complex in the area, one that would include a number of entertainment facilities. Jeju Island demonstrates this type of plan could possibly be effective: it attracted 2.3 million foreign tourists year that is last with 1.8 million coming from China.

South Korea Hopes New Casinos Can Raise Tourism

South Korea has currently announced plans to approve two more casinos in an attempt to promote tourism that is foreign. Operators will be anticipated to invest at least 1 trillion won ($885 million) in their facilities if their plans are authorized. For some businesses, a decision to invest may come down to whether or otherwise not Southern Korea allows locals to play at the brand new casinos: during the moment, there is one small casino in the nation that allows South Koreans to relax and play, while others are foreign-only facilities.

Irrespective of whether or not Bloomberry manages to build a casino on Silmi Island, analysts say that the general expansion plan will likely be good for the firm.

‘ Having more presence outside the Philippines would bode well for the company,’ said Luis Limlingan, an analysts at Regina Capital developing Corp. ‘They can tap more Koreans, Chinese, and Japanese.’

Razon is one of the richest guys into the globe, ranking second in the Philippines and 29th on Forbes’ most list that is recent of earth’s billionaires. That could make Bloomberry a serious player in any bidding process in South Korea or other Asian markets should other expansion opportunities promote themselves to the company.