Australia has the most significant losses per capita in the world due to gambling; it also causes significant economic and social harm to the gamblers, their families, and the local communities. Wesley Financial Literacy Program tries to adjust people’s relationship with money and educate and empower them to make better decisions with their money, hoping to limit gambling harm in the future. Financial literacy is the ability to understand and effectively use financial skills, including personal management, budgeting, and investing.
Thailand recorded 2.14 million foreign tourist arrivals in January, a surge from 133,828 in the same period a year earlier, tourism ministry data showed on Monday, as the vital tourism sector gathered pace with the return of Chinese travellers.
Gambling is a significant public health issue in Australia; estimates suggest that Australians lost approximately $25 Billion on legal forms of gambling in 2018-2019, the largest per capita loss globally. Since 2009, NSW has seen an increase from $8 Billion to $10 Billion in total expenditure and losses (Australian Institute of Health and Welfare, 2021). While the industry claims that it is beneficial as it supports economic growth and generates revenue, it also causes significant economic and social harm to gamblers, families, and local communities (Paterson, M, Taylor, M, & Gray, M, 2020). Problem Gambling is any behaviour that inhibits and impact relationships, family, finances, employment and loss of control and addiction (Lifeline, 2021). People can gamble on electronic gaming machines, the lotto, scratch lotto tickets, card games, racing and other types of betting. The average problem gambler in Australia: • Loses approximately $21,000 per year • Six times more likely to get divorced • Four times more likely to suffer from alcohol abuse • Children of problem gamblers are ten times more likely to become gamblers • Whilst gambling was not found to increase intimate partner violence directly; it does intensify the severity and frequency of violence against women and increase the economic abuse of women in violent relationships (Australian Gambling Research Centre, 2020).
Those who bought during pandemic had high expectations that it will go back to RM4 or higher, when price then was RM 3+. Well, the pandemic is almost over, businesses have open up, China has open up. Yet, price still in a doldrums even with consistent dividends. Look like a long term investment until we have political stability without the threat of the green wave!
I went to genting M last week. It was marvellous spending by the customers there. Theme park aduit cost almost rm 200 per person and rm 145 for children . the casino also full of people shouting picture picture and then a sigh og agony followed as they lose money to the casino. what a sight for GenM shareholder like me
Why the share price is so cheap? the assets are worth much more. We have high inflation recently & GenM share price didn't even catch up. It's still cheaper than pre-covid times
They should sell the Empire stakes back to Kien Huat Realty that Lim kok Thay owned. The transaction to sell the stake to Genm earlier without going through shareholders meeting and approval is illegal.
If not mistaken, the amount involved was “coincidentally" just below the threshold that will trigger shareholder approval LKT is cunning, and he isn't honorable like his dad
Those who bought during pandemic had high expectations that it will go back to RM4 or higher, when price then was RM 3+. Well, the pandemic is almost over, businesses have open up, China has open up. Yet, price still in a doldrums even with consistent dividends. Look like a long term investment until we have political stability without the threat of the green wave! ____________ The price will drop to around 1.80 - 2 .20 , all the banks will start to chase debt loan soon , genm cash flow is a bomb ! Better leave right now all , perfect storm is at the corner !
Just look at aax , capitalA debts u will know y u all were just a vege plant to be cut when FOMO jump in these 2 kosong stocks , all bankers starting to chase debts already ,GENM also will be in big trouble !
No need look at other counters la. Look at Genting Casino. You must go into Sky Casino. See those addicted gambler pressing the slot machine and lose their pants actually make me happy. you cant get a better business than this counter
@TonsilBasher stop lying. you are also an addicted gambler yourself. You literally posted this a month ago and you are laughing at these poor gamblers?
Stock: [GENM]: GENTING MALAYSIA BERHAD 1 month ago | Report Abuse Huat ahh.. today i go gamble at SkyCasino Genting Pahang. So many people at the casino. too many indeed today as KL is holiday. I saw one uncle losing 100k per bet at bacarat. overall its good for genting M. Huat ah
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
26,658 posts
Posted by Good123 > 2023-02-28 12:08 | Report Abuse
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Australia has the most significant losses per capita in the world due to gambling; it also causes
significant economic and social harm to the gamblers, their families, and the local communities. Wesley
Financial Literacy Program tries to adjust people’s relationship with money and educate and empower
them to make better decisions with their money, hoping to limit gambling harm in the future.
Financial literacy is the ability to understand and effectively use financial skills, including personal
management, budgeting, and investing.