Death of online casinos

[johnnybagel]

The oil thing was specific to America wasnt it? Its not a good reflection on the rest of the world or even the rest of the oil industry.
At worst a few smaller brands might go bust but other than that i reckon the online casino industry will do just fine.

Just like the porn and booze industry. Since this pandemic started I have definitely done a lot more wa.... drinking.

 

[geordiecolin]

Decent article here about it

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I read that article amongst a few others. I would never pretend that I understood half of it all because it was all industry speak but I did take a few things from what I read. Russia and China seem to be the ones best placed to thrive from what I see as a global depression once the shit hits the fan- China is already doing well and Russia state they can ride out very low oil prices for years.
@Playford7 What I read was quite doom and gloom for jobs in the oil industry. Is that what you hear? What happens when there are no containers left to store oil? There are very few left already? Will they have to shut down production?

 

[Playford7]

I read that article amongst a few others. I would never pretend that I understood half of it all because it was all industry speak but I did take a few things from what I read. Russia and China seem to be the ones best placed to thrive from what I see as a global depression once the shit hits the fan- China is already doing well and Russia state they can ride out very low oil prices for years.
@Playford7 What I read was quite doom and gloom for jobs in the oil industry. Is that what you hear? What happens when there are no containers left to store oil? There are very few left already? Will they have to shut down production?

Many projects when the oil price falls gets mothballed mate, meaning they run With a small skeleton crew.
I’m on standby at the moment as many platforms need critical safety work doing, also the 3 weeks of projects on hold in the industry has massive knock on effects.
I’m expecting when travel restrictions are lifted to be straight back into work, 3 week trips and busy as hell for at least a year trying to catch up and safety set guidelines that where neglected due to the virus, the HSE can be brutal and oil companies do all they can to avoid them and keep things in check and above board mate.
As for logistics and containers, that won’t be a issue, oil is black gold (not being a racist) many many contingency plans they have.
I’m only a scaff, but As said I’m on standby, soon as this lifts enough to be viable I’ll be on a chopper.

 

[Davey86]

Many projects when the oil price falls gets mothballed mate, meaning they run With a small skeleton crew.
I’m on standby at the moment as many platforms need critical safety work doing, also the 3 weeks of projects on hold in the industry has massive knock on effects.
I’m expecting when travel restrictions are lifted to be straight back into work, 3 week trips and busy as hell for at least a year trying to catch up and safety set guidelines that where neglected due to the virus, the HSE can be brutal and oil companies do all they can to avoid them and keep things in check and above board mate.
As for logistics and containers, that won’t be a issue, oil is black gold (not being a racist) many many contingency plans they have.
I’m only a scaff, but As said I’m on standby, soon as this lifts enough to be viable I’ll be on a chopper.

Do you still receive a salary on standby or furlough tough job on life and all that the working away but you seem to enjoy the time at home

 

[Playford7]

Do you still receive a salary on standby or furlough tough job on life and all that the working away but you seem to enjoy the time at home

I didn’t when this started mate as was due to travel to Aberdeen before the restrictions happened. I hadn’t checked into my flight, which in OCA rules mean I can’t be paid.
Now However I’m on standby, I’ve signed a new contract via the net, so won’t be on full rig rate, just standby.
Which will be about half my hours I’m due daily for 7 days for ever how long I’m on standby for.
It’s ages since I was on it, will have to check my contract.
But expected to fly out possibly as early as next week.
I’m not salaried anymore, don’t work for a major oil company so classed as ‘self employed’ but I fell into a gap due to oca guidelines.

 

[Davey86]

I didn’t when this started mate as was due to travel to Aberdeen before the restrictions happened. I hadn’t checked into my flight, which in OCA rules mean I can’t be paid.
Now However I’m on standby, I’ve signed a new contract via the net, so won’t be on full rig rate, just standby.
Which will be about half my hours I’m due daily for 7 days for ever how long I’m on standby for.
It’s ages since I was on it, will have to check my contract.
But expected to fly out possibly as early as next week.
I’m not salaried anymore, don’t work for a major oil company so classed as ‘self employed’ but I fell into a gap due to oca guidelines.

The one thing that will pick up in this world will be the search the find the exploration of the black stuff! Suppose it’s better to be on standby than nothing bud GL

 

[Playford7]

The one thing that will pick up in this world will be the search the find the exploration of the black stuff! Suppose it’s better to be on standby than nothing bud GL

I wasn’t until last week mate. Luckily had savings and a decent tax rebate to live on.
Sadly some had nothing, and that universal credit looks disgusting.
Hopefully it’ll return to normal-ish soon so People can get back to work.

 

[RickyMicky]

Hopefully it’ll return to normal-ish soon so People can get back to work.

Hope so too. This is totally crazy.

 

[RickyMicky]

Hey guys. How it's going with online casinos? I saw the new modifications in real casino and think that death does not threaten online casinos yet.

 

[geordiecolin]

It was quite interesting to read this thread back and assess how things are now. I now think even more so that we will see the death of most online casinos and all of our abilities to gamble will be seriously cut to very little.
I wonder if any casino reps have heard any rumblings within their companies about the future?

All of what I will point out here can be verified by online searches.

We are being introduced to a variety of digital controls which will become wider and wider in scope and it is happening fast. We have the health passport which digitally tracks your movements. QR codes in order to access shops and public buildings. Many countries planning to introduce a digital ID which will work in tandem with the health passport and which the UK announced the implementation of recently.
Then there is the announcement of introducing a digital currency which will be a programmable currency where they can dictate what you spend your money on. It will also have a social credit system with rewards for healthy living and responsible spending. The uk gov announced recently a war on obesity where families get rewards for what they buy at supermarkets and walking to work etc.

Australia recently stated that they are going to introduce a passport for the internet where if you abuse your internet access then you will be blocked from using it. All of these introductions are being rolled out in various countries and will become world wide before you know it. Algorithms will monitor us then the powers that be will look at and punish us at will- Social media banned or access to gambling sites blocked for spending too much. China are already rolling out tracking and scoring citizens. A persons reputation is scored. It will have a huge impact on behaviours such as law breaking and anti social behaviour. Get blacklisted then your are subjected to a lot of restrictions. In China this social credit system will be nationwide next year.

I no longer think that even using bitcoin will be possible for gambling due to the above implementations as they will simply block you from gambling sites or the internet.
We are going to pay a big price for or mobiles and computers.

 

[Casinomeister]

No country for old men.

 

[geordiecolin]

No country for old men.

I know what movie I'll be watching this evening

The digital currency once implemented and cash fazed out will mean huge changes. Every penny you earn will be taxed. No cash in hand work. Everything sold online will be taxed. No car boot sales or local buying and selling sites without paying tax. No putting cash in a card for little johnny's birthday.
If I recall correctly the government loses more money in taxes via dodging that they get so it will be a huge bonanza for them.
I have a mate with LARGE B&B in Brighton who pockets more in cash that he does from payment cards.

 

[pinnit2014]

i can see why folk get caught with the proverbial pants down re tax, particular self employed sole traders. In Scotland for example, the SNP are anti business, pro handing cash out like confetti to others, that you can see why folk get disillusioned and start blurring the lines.

Free school meals, my arse. You had em, you pay for them.

Back on topic - yes, the days of the random wild desire will forever be a distant, but sweet memory, coupled with the nice wagering.

 

[TheAddict]

Maybe they'll give the 96.7% version of DOA to the well behaved citizens and tax it like Germany
It might be quite a ride if they push to turn the USA into China 2.0. We might only have spoons, but they don't.

 

[geordiecolin]

Maybe they'll give the 96.7% version of DOA to the well behaved citizens and tax it like Germany
It might be quite a ride if they push to turn the USA into China 2.0. We might only have spoons, but they don't.

America is slowly turning into China 2.0. Laws on free speech coupled with the implementation of the above will mean it would be too difficult to communicate to organize anything that is not compliant.
The difference between conspiracy theory and the truth is less than 2 years these days

 

[TheAddict]

On a brighter note. Don't forget it's Surge day at sky vegas. Just got my 5p.

 

[pinnit2014]

On a brighter note. Don't forget it's Surge day at sky vegas. Just got my 5p.

5p?

Rich bastard

 

[satchnz]

On a brighter note. Don't forget it's Surge day at sky vegas. Just got my 5p.

I got…..W…..I…..watermelon. The watermelon stayed a watermelon. I wish I got 5p ?

 

[geordiecolin]

Sorry to be updating this but this could be a sign of things to come.
If you own your house and are struggling to pay your mortgage then Lloyds Bank are the first of probably all muscling in to take your home and rent it to you.
With ferlough ended and folk going to struggle more and more we are heading into a financial crisis. Inflation ahead as well as price rises the UK,Europe,America and most of the World are heading towards very tough times. Interest rate rises will hit mortgage payments,credit card payments and lone payments. Social care increases next year and local councils needing to increase local taxes to balance their books after this past near 2 years of loses.
So Lloyds are looking to buy 50,000 properties. They already provide 25% of mortgages. They will not even have to wait for you to miss a mortgage payment before the bank notices their plight. Reducing a loan payment or anyone by extending the terms or paying minimum payment would be enough for them to contact them to settle terms on the mortgage as long as they agree to become a tenant. And the deal could see them do a deal that allows the bank to buy for less than it is worth depending on various factors( In America they have often paid more than its worth recently)
Because banks are about to venture into owning property even new builds will be their target. Buying up properties before anyone else can buy them-or the bank bidding for the same property that the their client is bidding on.

"You will own nothing and be happy"

 

[goatwack]

Well that's put me right off my quiche

 

[geordiecolin]

Well that's put me right off my quiche

I don't think it is about left or right or anything in between. World leaders have held various secret meeting for a very long time which are well documented.
Unless you are happy to be in situ I would not be happy with how the world is turning

 

[goatwack]

I don't think it is about left or right or anything in between. World leaders have held various secret meeting for a very long time which are well documented.
Unless you are happy to be in situ I would not be happy with how the world is turning

I don't think anyone's enthused at the current state of the world, I still think the 2030 projections are unrealistic. You could already argue that most people don't own anything, whether it be things purchased on credit, streaming entertainment through their devices, renting their property etc.

In fact I'd say the majority of people own nothing and are under the illusion of being happy, by being distracted with their various virtual gizmos and whose only meaningful interactions come via their Social Media 'friends'....

 

[geordiecolin]

I don't think anyone's enthused at the current state of the world, I still think the 2030 projections are unrealistic. You could already argue that most people don't own anything, whether it be things purchased on credit, streaming entertainment through their devices, renting their property etc.

In fact I'd say the majority of people own nothing and are under the illusion of being happy, by being distracted with their various virtual gizmos and whose only meaningful interactions come via their Social Media 'friends'....

I will come back to you with some bollix meaningful stuff to test your argument mate. But I'm off to slot before bed otherwise I would spend the night wasted on something much less meaningful that defeating Videoslots!

 

[geordiecolin]

I don't think anyone's enthused at the current state of the world, I still think the 2030 projections are unrealistic. You could already argue that most people don't own anything, whether it be things purchased on credit, streaming entertainment through their devices, renting their property etc.

In fact I'd say the majority of people own nothing and are under the illusion of being happy, by being distracted with their various virtual gizmos and whose only meaningful interactions come via their Social Media 'friends'....

I had thought about replying with so much to this post but it would see me probably getting bogged down in endless posting. I would say that the way things are developing will have its good points. With everything you do being monitored so much crime will hit rock bottom as there will be little way of getting away with it and punishments would be harsher than prison.
Also as shocking as it may seem given my posting history I actually agree that this world can not sustain the endless growth in its population for a number of reasons. One is environmental. Not forgetting that we do not have endless wars anymore which had the desired effect of keeping numbers down.
But I am not a fan of Bill Gates still.

 

[Webzcas]

Sorry to be updating this but this could be a sign of things to come.
If you own your house and are struggling to pay your mortgage then Lloyds Bank are the first of probably all muscling in to take your home and rent it to you.
With ferlough ended and folk going to struggle more and more we are heading into a financial crisis. Inflation ahead as well as price rises the UK,Europe,America and most of the World are heading towards very tough times. Interest rate rises will hit mortgage payments,credit card payments and lone payments. Social care increases next year and local councils needing to increase local taxes to balance their books after this past near 2 years of loses.
So Lloyds are looking to buy 50,000 properties. They already provide 25% of mortgages. They will not even have to wait for you to miss a mortgage payment before the bank notices their plight. Reducing a loan payment or anyone by extending the terms or paying minimum payment would be enough for them to contact them to settle terms on the mortgage as long as they agree to become a tenant. And the deal could see them do a deal that allows the bank to buy for less than it is worth depending on various factors( In America they have often paid more than its worth recently)
Because banks are about to venture into owning property even new builds will be their target. Buying up properties before anyone else can buy them-or the bank bidding for the same property that the their client is bidding on.

"You will own nothing and be happy"

The big issue and the elephant in the room is the rate of inflation, not withstanding the fact that the furlough scheme has ended, the universal credit uplift payment of £20 a week has ended and the increase to NI contributions just voted through.

To stop inflation getting out of control, the BoE will have to raise interest rates. We have all been used to extremely low rates since the financial crash in 2008. Don't be surprised if it rises a couple of percentage points over the next 18 months.

Those on variable tracker rate mortgages might want to start thinking about locking down a fixed rate deal.

I have also read that another financial crash is imminent. With govt support all but now removed, it could be trying times for a lot of people in the near future