It is as yet unclear whether the New York listed company will wait until the merger is completed before making a move, but it is known that Harrah’s chief executive Gary Loveman wants to expand the group’s overseas activities due to a drop in share prices due to concerns of ’soaring construction costs in Las Vegas’.

LOS ANGELES (Reuters) – Harrah’s Entertainment, the world’s largest gambling company, declined on Monday to comment on weekend reports that it is interested in acquiring two British casino operators that are in the process of merging.

The London Times reported on Sunday that the Las Vegas-based company was studying a proposal to buy Stanley Leisure Organization, which is in talks to acquire London Clubs International in a deal estimated at $1.2 billion.

“We don’t comment on market rumors,” Harrah’s spokesman Alberto Lopez said on Monday.

Bear Stearns analyst Joe Greff, in a research note on Monday, wrote that the acquisition could make sense, at the right price.

“The British market is in the midst of a rapid expansion, and a British presence would serve as a good base for watching over Harrah’s European growth projects, namely in Spain and Slovenia,” the analyst wrote.

In addition to those two European sites, Harrah’s, which in May lost out to rival Las Vegas Sands Corp. in a competition to build Singapore’s first casino, is working on a casino project in the Bahamas and plans to redevelop its operations in Las Vegas, Atlantic City and Biloxi, Mississippi.

Greff wrote that at current stock prices, a deal to acquire Stanley Leisure and London Clubs would be roughly neutral to Harrah’s earnings per share, but the deal would dilute earnings per share at higher prices, excluding possible cost savings or revenue gains.

Report warns DTI of Britain’s Togel gambling addiction

Professor Jim Orford submitted a report to the Department of Trade and Industry stating that gambling could be one of Britain’s most serious addictions by 2026 because of the new relaxed gaming laws.

Prof. Jim Orford, teaches clinical and community psychology at the University of Birmingham, said that the laws governing the industy would have problems keeping pace with the technological advances in gaming, which include internet gambling, spreadbetting and mobile betting, and problems associated with excessive gambling would be concealed for some time.

“The problems are not suddenly going to be in the headlines,” he told the UK Times newspaper. “The effects on families, in particular, do not get much publicity.

“The Government, strongly pressured by the gaming industry, has gone for a major liberation of gaming and everybody I have spoken to thinks that will increase the number of problem gamblers.”

Orford also told the paper that he didn’t think ministers had ‘given enough attention’ to the public health aspect of problem gambling, or to whether the public had in fact wantd the relaxation of laws.

His report, which was commissioned by …

It’s tough to beat the slots when the house edge averages around 10 percent. Playing slots is great fun. With proper strategies, playing the slots doesn’t have to be tough on your bankroll and there is always the anticipation of hitting that big jackpot.

Here are the most important things you need to do if you want a better chance of beating those slot machines. So, let’s get started.

Slots Types: Walk into any large casino and you’ll be confronted with a bewildering assortment of slot machines. There are many different games, jackpot sizes, coin denominations and number of coin options. Today’s “one armed bandits” are completely electronic. Inside every slot machine is a computer chip, known as a Random Number Generator, it determines what symbol combinations come up for every spin. Machines are pre-programmed to return to the players a certain percentage of all the money that is fed into them.

Payout Percentages: The payback percentage on slots ranges between 80% to as high as 98%, depending on coin size and local competition. Generally, the loosest slots can be found in Las Vegas. Nationally the average house advantage is calculated to be around 10%. Be aware that payout percentages are calculated over the long term, which could mean the life of the machine. If a slot machine is programmed to pay back 95% it will pay out $950,000 out of every one million dollars it takes in, but payouts will come in wildly fluctuating random fashion. A few lucky players will collect big jackpots, most others will lose all they put into the machine.

Know the Rules: Read the pay table and all instructions posted on a machine, If you don’t understand everything correctly ask an attendant. It is your responsibility to know the rules concerning the number of coins to insert or lines needed to be activated in order to collect prizes. Should you line up the jackpot symbols without having met the requirements, you’ll get a sympathetic pat on the back from the slot personnel, but no money.

Loose Machines: Always look for the highest payout slot machines you can find. Some casinos advertise 98% percent payback. A slot holding just one percent! Great! But look closely at the advertisement, the fine print probably says “selected machines”, or “up to 98%”. The 98% machines probably won’t be identified. It will be up to you to find them: Try asking the change person. Better yet, find out which machines are most popular with local players. Locals don’t play tight slots.

Coin Denomination: Play the coin denomination that’s right for the size of your bankroll. If playing progressives or slot machines that offer a bonus for playing maximum coins and the dollar level is too rich for your blood, drop down to the 25-cent machines. Look and compare. If the maximum payout on a dollar machine is $300 for single coin play, and a quarter machine pays $300 with three coins (75 …