Archive for January 19th, 2009
Cards v. Steelers: Odds have Steelers at +7
Written by investor on January 19, 2009 – 3:21 pm -

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The Pittsburgh Steelers and the Arizona Cardinals both took care of business at home on Sunday, and now the two teams will meet in the Super Bowl in two weeks. gamblers, however, may not wait that long before they make their pick for the big game.
just minutes after the Steelers clinched the AFC title, Las Vegas sportsbooks have installed them as the betting favorites to win their sixth Lombardi Trophy. They are seven point favorites over the Cardinals.
The Super Bowl is the most gambled on event in sports. Millions of dollars will be wagered at sportsbooks. It is not only the game that bettors will pick. There will also be many proposition bets to choose from.
The proposition bets have yet to be released, but with the betting line favoring the Steelers, it appears Arizona still is not commanding any respect. The cardinals have been underdogs in every postseason game they have played this year.
The reason, according to one of the firms that makes the lines for the Vegas sportsbooks, is defense. They feel that the Cardinals have not seen a defense the caliber of Pittsburgh’s.
If the Cardinals do score on the vaunted Steeler defense, it may be tough for Pittsburgh’s offense to keep up. The Steelers will not know until at least Monday the extent of the injury to their all pro wide receiver, Hines Ward.
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Tags: American Football Conference, Arizona Cardinals, Football, Hines Ward, NFL, Pittsburgh Steelers, Sport, sportsbook, Super Bowl
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Skiing in Vermont? Killington Casinos?
Written by investor on January 19, 2009 – 3:16 pm -
KILLINGTON, Vt. (AP) — Vermont’s state auditor is hoping that downhill skiers might turn into high rollers.
Auditor Thomas Salmon said the state should consider putting a casino at Killington — or other resort area — to raise money to repair the state’s crumbling roads and bridges.
But the suggestion is getting a cool reception at the Statehouse and, with casino companies laying off workers because of the recession, the prospect seems like a long shot.
“We are not pursuing that idea,” said Stephen Wark, a spokesman for Gov. Jim Douglas.
The state is facing millions of dollars in budget gaps for this year’s budget and next year’s, and lawmakers have warned that drastic cuts to state spending are in the offing.
Salmon, in a recent letter to legislators, outlined 13 proposals for fortifying state government’s depleted coffers.
“I have attached a candid list of items that need consideration — sooner rather than later. I hope people will recognize these types of opportunities and give you steady support to get them on the table for action,” he said in the Dec. 29 letter.
Among them: “Consider a state-owned casino in a resort area like Killington, with net profits directly to roads, bridges and infrastructure,” Salmon wrote.
It wasn’t the first time a casino gambling proposal was floated as a way of improving the state’s finances. In 1995, Las Vegas developer Eric Nelson proposed a casino in Pownal. The proposal ultimately crapped out.
Neither Salmon nor casino advocate Bill Bauer, who owns The Summit lodge in Killington, have a firm proposal in hand.
But both believe it’s worth considering, given the state’s dire fiscal picture and the Killington area’s existing tourism base.
“Let’s face it, they’ve got plenty of places they could use some extra revenue,” said Bauer, who also chairs the newly created Killington Economic Development and Tourism Commission.
“Here in Killington, we don’t care about the gambling revenue, we just want bodies in our town. If we can fill the beds and the restaurants, that’s all we’re trying to get out of it. We have the infrastructure: We have beds, we have restaurant seats, we have a wonderful ski resort, two championship golf courses right in town. A casino would just enhance the resort experience,” he said.
Others around Killington like the concept, but want more specifics.
Tom Horrocks, a spokesman for Killington ski area, said nobody at the resort had been approached by Salmon. But he said putting a casino in Killington is worth considering.
“Resort towns are already pulling people from other areas. The key is how do you get further into those folks’ pockets? How do you increase the per-visit spending, on a daily basis?” he said.
Skiers interviewed at the mountain Thursday had mixed responses.
“It would diminish the allure of what Vermont stands for, and why people come here,” said Christine McConnell, 36, of Burlington, who was snowboarding at Killington on Thursday.
But Juliana Ferreira differed. “It would be a good idea, because it’s missing something here,” said Ferreira, 22, of Rio de Janeiro, Brazil.
The Rev. Tom Grey, spokesman for the National Coalition Against Gambling Expansion, said casinos are bad bets as economic development tools.
They come with side effects, including gambling addiction, crime and other social ills, he said.
“It’s the proverbial 800-pound gorilla. Once it’s in — and especially with the state owning it — you have the state playing the role of the house. Do you really want the state in the business of making losers of its own citizens?”
If lawmakers wanted, they could approve casino gambling with an act of the Legislature, according to Attorney General William Sorrell. But lawmakers are leery.
House Speaker Shap Smith said he hadn’t spoken to any lawmaker who supports it, but that anyone is welcome to introduce a bill if they do.
“I don’t want to comment on whether I think it’s a good idea until I’ve had a chance to talk to the auditor and give him a fair hearing on it,” said Smith, D-Morristown.
Tags: Associated Press, Brazil, Casino, Casion, Matthew McConaughey, Rio de Janeiro, São Paulo, Society and Culture, United States, Vermont
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