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How a short/gamma squeeze on Tilray is causing the ENTIRE cannabis market to moon and how to avoid becoming a bag holder when this all comes crashing down

How a short/gamma squeeze on Tilray is causing the ENTIRE cannabis market to moon and how to avoid becoming a bag holder when this all comes crashing down
Obligatory: SIR, THIS IS A CASINO. This isn't financial advice in any way shape or form.
TLDR: This run is going to end with the cannabis stocks back down 50-80% or more from the levels they are at. $CRLBF is the real play here for the smart players that want USA exposure to the legislation. We just like the stocks now, not later.
Ok, listen up normies.
Yeah I'm talking to the newbies specifically because the OGs here already know everything I'm about to share, but your insufferable groupthink and movement mentality shit pissed me off enough to make a post. Don't post DD if you have no clue. Ask someone for help and take your ridicule until someone comes along to help you.
I used to post weekly DD on Sunday here a couple of years ago before one of you literally contacted my wife IRL. Not even kidding. So I made a new account. This is my first contribution back and I'm going to try and ensure some of you don't blow your chance at massive gains here by explaining what is actually going on.
CNBC and anybody telling you that this is just 'momentum' and 'sentiment' is lying to you. The hedge funds are playing these right along with us. Don't ask me for proof, this isn't Twitter. Reasons why they are playing with us:
  1. When there is money to be made, hedge funds and HFT funds are there before you
  2. The floats are so small on these they can take sizable positions on both sides and stand to have massive gains, all the while handing you guys the bags.
That's all you need to know.
So in response to all you posting "real DD" with why these companies are the best and you're going to hold to the moon and never sell:
I'm over it -- I can tell instantly how uninformed you are when I read some poorly thought out DD about why CGC or TLRY or APHA is a long term play because they're talking about USA legislation. These are Canadian companies. Get your head back on straight. You're here for the trade and the bet, not for the fundamentals, and if that's it, then fine, ignore the rest of this post and pick an exit, and if not, read on so you don't hold more bags.
This place has never been one to care for fundamentals, but let me talk some sense into you so you can post some gain porn and I can tell you to fuck off instead of you guys all yelling "MaNiPuLaTiOn ShOrT LaDdErS"
Let's take a look at some of today's gainers:
(changed tickers for automod avoidance)
$USMJay - Penny stock, worth absolute nothing for a reason
$SNDL - Up ridiculous amount, have a billion shares outstanding, just diluted them all the other day
$TeeRTeeC - Terra Tech, they grow weed, from all indications, do it poorly
$OhGeeEye - lol
$HUGE - Probably the only one in the lot worth a YOLO on the chance they get an acquisition like GW Pharma did but they don't have the same product portfolio or prospects GW has.

Now, if you're simply playing this to get in and get out, great for you. The people saying (and believing) "$SNDL $10 EOW! HOLD THE LINE" and stuff like this are just absolutely brand new normies and are clueless, do not listen to them. If you yolo'd on cheap calls in Dec/Jan, congrats, take your gains and don't be like the $GME bagholders.
If you're investing in any of the names I just posted above, expect any money you put in to at some point in the next 12 months be worth approximately 20% of what it is worth now. Literally. They're far worse than the main bunch (CGC, CRON, ACB, TLRY, APHA) but the main bunch is nothing to write home about either.

THIS IS WHAT IS REALLY HAPPENING:

Tilray had 40% short interest. It's not $GME level, but it's pretty high. When the stock crested $40 it really started taking off, why though? Notice this week's FD option chain:

https://preview.redd.it/kyqeiwljeug61.png?width=917&format=png&auto=webp&s=0c1b48e12518515f09582289bd7f8a4f47a09629
Tilray has a 95M share float, those 42 calls represent roughly 1.5M shares held as a hedge just by themselves. Previous to this run up, that represents roughly 5% of the average daily volume of the stock, BY ITSELF. Those are shares that until Monday can be considered removed from the float because they're held as a hedge. They may get loaned out to be shorted, but that will only speed up the squeeze here.
The important part: Today (2/10/21) the stock fell hard after open down to around 44 and found massive support all the way back to up 66. The most sold front week call? $40/$42 strikes. Premium when I screen shotted this? $22.20. Stocks going to pin above $60 for awhile likely, unless people are stupid enough to buy the OTM calls, in which case, it may squeeze itself higher.
Smart hedge funds are going to pile into this, sell you the calls, shove the price up to keep selling you calls, then watch them all evaporate worthless in one of the future weeks in the chain, dump back the shares to help shove the price down, oh and did I mention? They shorted the top.

https://preview.redd.it/ivy78woneug61.png?width=392&format=png&auto=webp&s=0604940c09126dc6d5b96a9cc5f17e4013ae5d9d
It's just another plain old stock acting as a derivative of the option chain gamma squeeze. That's it, with a bit of short squeeze thrown in there and a WHOLE BUNCH of WSB fomo. The shorts are covering and pushing up the volume, likely re-shorting on the way up, and then you have WSB fomo'ing in to round out the total: a massive volume of 200 million shares today. You've got people that think this thing will skyrocket to 500+ (and it may) but the stakes get higher and higher each ladder up you take and the moves become more violent and more likely it comes all the way back down in short time the quicker it goes up.
Might it get there? Sure. But be prepare to take profits when it does because...

ITS CALLED MEAN REVERSION. THIS CANT GO ON FOREVER.

Not to mention, the moves you are seeing are in completely overvalued companies, with horrible fundamentals, and poor prospects.
Oh what's that? CGC got some CBD treats for Martha, seems fitting that something ill is going on in this industry considering she went to prison for insider trading. If the dog treats get you excited about the stock, Martha belongs here more than you do.
200M shares today means people who were long term bag holders cashed out and the shares have turned over the float two times in two days. That also means the shorts have turned over and are now short again. It means the HFT firms are feasting on all of you. It means Citadel is making a pile on the spreads.
What to take away: An amount of shares equal to the entire float has changed hands, or in other words, fewer reason for people to bag hold. Fewer people that have to hedge. Fewer people that have to cover. Fewer people to help stabilize any of these upper price tiers, and keep the price stable by holding, and more reason it's going to collapse sooner (or later).
But, this IS a casino after all...

Let's see what happened with TLRY last time this happened (oh, you're new here? Yeah, this isn't the first time):


https://preview.redd.it/p652mvgreug61.png?width=587&format=png&auto=webp&s=d95f2b0ccf946717859bffb28601dfd29e999e0b
Looks eerily familiar to something else recently. Last time this occurred it traded between $100 and $300 in a single week timeframe.
For those of you that are new: THIS IS NOT NORMAL. STOCKS DO NOT ALWAYS DO THIS. You are in the infancy of a new age of trading, but people still know, fundamentals matter a whole lot more than everyone is leading on, and these valuations are getting extremely overextended.
Eventually, in the first squeeze Tilray bled off until the pandemic hit and it piled down to $2.43 a share. At $2.43/share, I would have bought it. Even at $10/12/14. At these levels? You're just ultimately out of touch but I look forward to the loss porn.
So in short, again: Sir, this is a casino.

Timeline of events, and how to not become a bagholder:
  1. $APHA earnings are good, stocks pop a bit, and level off
  2. Legislators pull a pump and dump since they probably have calls and say planning on some laws regarding changing the schedule of cannabis (notice: we will likely NOT get outright legalization, just re-scheduling)
  3. $CGC earnings are actually awful, with the caveat they have profitability on the horizon
  4. $TLRY gets a UK deal
  5. $TLRY starts going insane - since $APHA is a reverse merger with a .81 value share to share, it starts pumping, people start buying the lower priced cannabis stuff and entire sector starts moving on "overall strength"
  6. There's no strength, there's a gamma squeeze backed by investor momentum, and a short squeeze on Tilray.
  7. This is going to come back down violently then plateau out like GME and pull a slow bleed the rest of the way back down, just like the second graph I posted. There is no fundamental or even POSSIBILITY of better fundamentals immediately on US legislation. The cost to enter the US market will most definitely cause capex and goodwill capital outflows, and set back their profitability since there are established MSO's in the USA already. The USA opening the market to these companies will only further degrade the actual balance sheets/income statements and slow down profits and you know what institutions and shareholders like? Yep. Profits.
  8. Finally, how to not become a bag holder: The market can stay irrational way, way, way longer than you expect. So this may go on for a bit, but refer back to 7. It's coming back down eventually, set expectations and pick your exit, or start to shave off your position as it goes up and let a portion of it run. Eventually, you have to sell to actually realize a gain, don't forget that. Once you do, close the chart, remove it from your watchlist, check back in on it in a month if you want to get back in when you have a clear head.
The Canadian operators are literally the last companies I'd play off a US legislation play, and one of the only ones worth owning in $APHA for the arbitrage play on the shares. But if Tilray comes crashing back down, $APHA will as well along with all of them, and you have to hope you lose a lot less on $APHA crashing than you'll make on the arbitrage between the share price.
THIS IS ALL JUST "SENTIMENT" BASED YOLOING BY THIS SUB. It has probably driven uneducated retail into the trades also - who will also become bag holders.

Let me put this in big letters for those of you that can only read big font and use crayons:

NONE OF THESE COMPANIES HAVE REAL USA MARKET EXPOSURE, THEY ARE CANADIAN COMPANIES. THEY DO NOT HAVE MARKET POSITIONING AND ARE NOT POISED TO TAKE ADVANTAGE OF US LEGALIZATION.

IF ANYTHING: IT WILL HURT THEIR BOTTOM LINE AND SET BACK EARNINGS BECAUSE OF CAPEX AND CASH OUTFLOWS TO GET A POSITION IN THE MARKET AND SOME OF THEM WILL GO OUT OF BUSINESS BECAUSE OF IT, WHILE OTHERS WILL FALL OUT OF PROFITIABILITY TO ENTER THE MARKET AND COMPETE WITH THE REAL PLAYERS.

Who are the real players? (Cresco $CRLBF and Curaleaf $CURLF - do your own DD or wait for a post next week\***************)*

Conclusion: Nobody should plan on holding these long term. Don't let someone else hand you bags like I did this morning at open on the pop unless you plan to hand your bags off and find the next play.
You likely will not time the top. Pick a place you're ready to exit the trade, exit the trade or slowly shave your position, close the graphs and don't fomo back in. Just be done with the trade afterwards. You're likely not a cannabis multi millionaire and will not be one, unless you were loaded to the brim with low cost calls from last summefall or unless you literally yolo'd $10M into one of these a few weeks ago, and in that case, you belong here, congrats on your gains and fuck you.
THIS IS A SECTOFOMO SQUEEZE. AND IT WILL END. THIS IS NOT SENTIMENT AND CNBC IS TROLLING US WITH IT LIKE WE HAVE THE POWER.
And if you think WE are the ones driving the price up, the hedge funds are definitely watching and playing and they can bring these down at will at almost any time they want. You're holding a lit molotov, the only question is: will you throw it before it blows up?
The rest of you? Plz fuck off with you 20 shares @ $2 on Sundial, fuck off with the "HOLD THE LINE SNDL $10 EOW", fuck off with your fomo, and fuck off with the "movement" and "lets push this to the sky" stuff and most importantly don't post DD if you have zero clue what is going on.
You know what "lets push this to the sky" sounds like? Market manipulation. We're not in this together, I literally handed one of you a bag to hold this morning and even if they go up for another month, eventually, that bags gonna be heavy and I ain't coming back for it. I ain't tipping you either.
These prices are insanely high for these companies. The multiples are out of control, and if you buy in at these levels, well, best of luck, I hope it works out for you. I'm fighting the fomo of extended gains, and will continue to put my money elsewhere.

SIR, THIS IS A CASINO.

Positions: I had the meme stocks like you literally all of them minus ACB and CGC. I took gains and bought 500 shares of Cresco prob increasing to 1,000 tomorrow, and kept the rest off the table to pay my wife's boyfriend's rent.
Disclaimer: I have Tilray puts I'm prepared to average down on and diamond hand like a real boss because this is coming back down.


Edit: You know what I forgot to add? Some of the biggest holders, the cannabis ETFs and funds, you know what they did today? They trimmed their positions. And they will continue to do so because of fiduciary responsibility and when you de-concentrate shares into the retail's hands, the moves will get more and more finnicky and more and more violent.
Edit 2: Some normie tried calling me out like I never saw this trade coming or am a hedge shill, https://imgur.com/a/asAVkiC - I had thousands of shares, these are just the trades from this month, and I'm not advocating a buy, I sold mostly all of them this morning except for adding Cresco back in. You want the gain numbers? You do the math, I'm not your math tutor, I sold like 6 minutes after open for most of them. I have Tilray puts for next week and will be buying a few months out at various strikes as it continues to climb.
Yeah, I think these are coming back down in price sooner rather than later, that isn't extraordinary information for a common sense person.
Edit 3: I'm getting piles of messages from people who used to follow my DD back in 2018/2019. Yes, it's the real SoRefreshing, proof: https://imgur.com/a/Pn5LqCe
Edit 4: Eh don't request me with "What should I do with XX" be a big adult grown up and decide your own risk tolerance and exits. I responded to the first 10 or so. Now I have 100. I can't. I disabled chat messages.
Edit 5: jesus with the awards go buy TSLA calls this is WSB not fb/twtr disclaimer: have TSLA calls
Edit 6: Oh look, they're pinning it around the $42 strike. Go figure.
submitted by OhSoRefreshing to wallstreetbets [link] [comments]

Lost in the Sauce: Trump, Cruz, and Gohmert team up to incite election-related violence

Welcome to Lost in the Sauce, keeping you caught up on political and legal news that often gets buried in distractions and theater… or a global health crisis.
Housekeeping:

Election shenanigans

I put the latest info on Trump's phone call to Raffensperger in this comment.
According to experts, Trump’s conduct has potential criminal exposure:
A federal statute makes it a crime when one “knowingly and willfully … attempts to deprive or defraud the residents of a State of a fair and impartially conducted election process, by … the procurement, casting, or tabulation of ballots that are known by the person to be materially false, fictitious, or fraudulent under the laws of the State in which the election is held.”
A Georgia statute similarly provides that a “person commits the offense of criminal solicitation to commit election fraud in the first degree when, with intent that another person engage in conduct constituting a felony under this article, he or she solicits, requests, commands, importunes, or otherwise attempts to cause the other person to engage in such conduct.”
…The hard part for prosecutors would be proving Trump’s state of mind, because the statutes require proof of knowledge and intent. Prosecutors would have to show that Trump knew that Biden fairly won the election, and Trump was asking for Georgia officials to commit election fraud. And it’s not clear prosecutors could make that case.
At least 12 Republican senators plan to challenge Biden’s Electoral College win on Jan. 6, when Congress is set to officially count the votes. The effort is being led by Sen. Ted Cruz (R-Tex.) and includes Sens. Ron Johnson (R-Wis.), James Lankford (R-Okla.), Steve Daines (R-Mont.), John Kennedy (R-La.), Marsha Blackburn (R-Tenn.), and Mike Braun (R-Ind.), as well as new Senators Cynthia Lummis (R-Wyo.), Roger Marshall (R-Kan.), Bill Hagerty (R-Tenn.), and Tommy Tuberville (R-Ala.). Separately, Sen. Josh Hawley (R-Missouri) is pursuing a similar plan.
"Congress should immediately appoint an Electoral Commission, with full investigatory and fact-finding authority, to conduct an emergency 10-day audit of the election returns in the disputed states. Once completed, individual states would evaluate the Commission’s findings and could convene a special legislative session to certify a change in their vote, if needed," the senators said in a joint statement. “Accordingly, we intend to vote on Jan. 6 to reject the electors from disputed states as not ‘regularly given’ and ‘lawfully certified’ (the statutory requisite), unless and until that emergency 10-day audit is completed."
Their plan is not going to succeed in preventing Biden from taking office, as majorities in both the House and the Senate would need to support a challenge against a state’s electoral votes. For an objection to be made, at least one member of both the House and Senate would need to submit it in writing. Then, the House and Senate separately convene to consider the issue. Debate is limited to two hours for each objection. After debate concludes, the House and Senate vote to uphold the objection and throw out the state’s votes. If the majority of the House AND the majority of the Senate does not uphold the objection, the state’s electoral votes are counted as cast.
  • Vice President Mike Pence’s role is simply to preside over the joint session, opening and presenting the certifications from each state. In his absence, the Senate pro-tempore Sen. Chuck Grassley (R-Iowa) will lead the session. At the end of the process, the presiding officer announces who has won the majority of votes for president and vice president.
The most immediate danger from Trump and Cruz’s doomed election gambit is rightwing terrorism and general violence: Trump, in particular, is inciting his supporters to swarm D.C. on Jan. 6. “JANUARY SIXTH, SEE YOU IN DC!” Trump tweeted last week. Four rightwing rallies are scheduled, including one headlined by George Papadopoulos and Roger Stone.
The Proud Boys and other extremists are planning to attend the rallies and may set up an “armed encampment” on the National Mall, according to the Washington Post. On social media platform Parler, the leader of the Proud Boys said that members will be there “incognito” and may “dress in all black” to impersonate leftwing protestors.
Enrique Tarrio: "The ProudBoys will turn out in record numbers on Jan 6th but this time with a twist...We will not be wearing our traditional Black and Yellow. We will be incognito and we will spread across downtown DC in smaller teams."
Rep. Louie Gohmert has more explicitly tried to incite violence, saying the failure of his legal challenge to the election means “you gotta go the streets and be as violent as Antifa and BLM.” (clip)
  • At the same time, pro-Trump lawyer Lin Wood suggested that Pence could “face execution by firing squad” for “treason” if he doesn’t go along with the attempt to subvert the election.

Obstructing the transition

Biden’s transition director has accused the Office of Management and Budget of stonewalling the incoming administration’s team. OMB Director Russ Vought is not allowing key staff to meet with the transition team to help prepare the president-elect’s first annual spending plan, a move that could delay major proposals. Vought pushed back on the charges, saying that his agency needs to focus on finalizing the Trump administration’s regulations before the president leaves office.
“OMB leadership’s refusal to fully cooperate impairs our ability to identify opportunities to maximize the relief going out to Americans during the pandemic, and it leaves us in the dark as it relates to Covid-related expenditures and critical gaps,” [Biden transition Exec. Dir. Yohannes] Abraham said.
Earlier last week, Biden himself said Trump officials are not cooperating with his team, singling out the Defense Department for obstructing information on crucial national security issues. “Right now, we just aren’t getting all the information that we need from the outgoing administration in key national security areas. It’s nothing short, in my view, of irresponsibility,” Biden said. The Defense Dept. finally scheduled meetings with the incoming team this week, after not briefing the transition for weeks.
  • The timing of the resumption in meetings is notable because it comes after the one year anniversary of the U.S. assassination of Iranian Maj. Gen. Qassem Soleimani on Jan. 3. NATO officials are reportedly worried about the lack of coordination from the Trump administration: "We need the incoming Biden administration to be fully briefed and ready to deal with these very dangerous issues facing NATO's security."

Sabotaging the Biden Administration

U.S. Agency for Global Media CEO Michael Pack is taking steps to keep control of Radio Free Europe and Radio Free Asia during the Biden administration. As chairman of the boards of Radio Free Europe and Asia, Pack and his fellow members have added binding contractual agreements that will make it impossible to remove him or other pro-Trump allies from the board in the next two years.
In other words, although President-elect Joe Biden has already signaled he intends to replace Pack as CEO of the parent agency soon after taking office in January, Pack would maintain a significant degree of control over the networks.
The State Department is likely to designate Cuba as a state sponsor of terrorism “as an 11th hour effort to create hurdles for the incoming Biden administration.” The label, which requires the approval of Secretary of State Mike Pompeo, would undo a major accomplishment of the Obama administration. To take Cuba back off the list, the Biden team would need to conduct a formal review, a process that might take several months.
Such a designation would impose restrictions on US foreign assistance, a ban on defense exports and sales, certain controls over exports and various financial restrictions. It would also result in penalization against any persons and countries engaging in certain trade activities with Cuba.
The Trump administration has been rushing to finalize a myriad of rules before Biden’s inauguration. Since Election Day, the Trump administration has issued about three to four times as many new regulations as it did during other periods of Trump’s presidency. Rules that haven’t been finalized or taken effect can be suspended by an incoming president, which Biden has said he intends to do. By contrast, rules that are finalized can take months, or even years, to undo.
“As a general rule, it takes at least as much process to undo or modify a rule as it does to put the rule in place,” said Jonathan H. Adler, a professor and an administrative law expert at Case Western Reserve University School of Law. “The Trump administration is magnifying that challenge for the Biden administration.”
Trump loyalists are urging the president to stymie Biden’s efforts to rejoin the Paris climate agreement and the Iran nuclear deal. Sens. Ted Cruz and Lindsey Graham are working to get the agreements submitted to the Senate for ratification, requiring a two-thirds vote, with the goal of failure. While such an outcome wouldn’t prevent Biden from rejoining the accords, Cruz and Graham hope it would make their resurrection more problematic.
A vote against them would signal GOP opposition to the world and, they hope, undermine any unilateral action by Biden to rejoin the agreements. One senior congressional aide told RCP that sending them to die in the Senate “would be the final nail in the coffin.”
Further reading: “Biden To Be Saddled With Trump’s Payroll Tax Deferral Mess,” Forbes.
Further reading: Biden will inherit a backlog of tens of thousands of visa requests from the wars in Iraq and Afghanistan — and a bureaucratic tangle that refugee advocates say President Trump ignored or made worse.

Trump money and properties

Manhattan District Attorney Cyrus Vance is employing forensic accounting specialists to examine Trump’s finances and business operations. Vance is looking “for anomalies among a variety of property deals” and trying to determine “whether the president’s company manipulated the value of certain assets to obtain favorable interest rates and tax breaks”.
The analysts hired by Vance probably have already reviewed various bank and mortgage records obtained from Trump’s company as part of the ongoing grand jury investigation, and they could be called on to testify about their findings should the district attorney eventually bring criminal charges
In yet another shady business deal connected to Trump, the United States sold the ambassador’s residence in Israel for more than $67 million. The person who bought the residence is none other than Trump mega-donor Sheldon Adelson. The property only became available due to Trump's controversial decision to relocate the U.S. Embassy from Tel Aviv to contested Jerusalem. Furthermore, State Dept. representatives reportedly lied to Congress about the sale, perhaps to hide that Adelson purposefully overbid.
For now, there is no alternative residence for the ambassador, David Friedman, Trump’s former lawyer, who currently uses a suite at Jerusalem’s King David Hotel or rooms at the former Jerusalem Consulate General when he spends nights in Jerusalem… As a result, the United States appears likely to end up leasing the residence it has owned since 1964 from the GOP-affiliated casino mogul.
“It is very strange that we are now paying Sheldon Adelson,” a congressional aide told The Daily Beast. “It is not above board. We have a number of questions. Did they get two independent appraisals? Was it a sweetheart deal? Was Adelson the highest donor? Was there a reason to sell it now?”
Trump’s businesses have taken in $10.5 million of donor money over the course of his presidency. $8.5 million came from the Trump campaign and related entities that Trump controls directly; $2 million came from other Republican candidates and committees. The biggest beneficiary was Trump’s NYC hotel, taking in $3,039,979 over the four years of his presidency, with $891,003 of that in just the final four months of the campaign.
Trump’s DC hotel is ramping up room prices and requiring a two-night minimum stay for two key events this month, as the president tries to squeeze more profit out of his office. On Jan. 6, when Congress is set to formally count the votes cast by the Electoral College, room rates are listed at over eight times the price of surrounding dates. Trump is encouraging his supporters to attend a protest of Biden’s win on the 6th. A room during the inauguration costs five times the normal rate, at $2,225 per night.
Trump’s Turnberry Resort in Scotland posted a £2.3 million ($3.1 million) loss in 2019, marking the sixth year in a row it has failed to turn a profit under his ownership. Since Trump took over the historic property in 2014, its losses now total nearly £45 million ($61.5 million).
The fact Turnberry remains in the red comes in spite of significant tranches of payments it has received from the US government during Mr Trump’s single term in office… the US Secret Service spent nearly £25,000 to accommodate its agents at the resort during business trips by Mr Trump’s son, Eric, an executive vice-president of the family firm. Since Mr Trump’s election, the property has received close to £300,000 from the Secret Service, US State Department, and US Defence Department
A Florida state lawmaker is calling for Mar-a-Lago to be penalized - and possibly shut down - for flouting coronavirus restrictions during a New Years Eve party. While Trump and the first lady did not attend, son Don Jr., attorney Rudy Giuliani, Rep. Matt Gaetz, and Fox News personality Jeanine Piro were captured on video among the maskless crowd. Guests paid as much as $1,000 for access to the ballroom to be entertained by Vanilla Ice.
State Rep. Omari Hardy: “My constituents are not snowbirds like @DonaldJTrumpJr & @kimguilfoyle. My constituents live here. This is their home, and they're going to have to deal w/ the consequences of a potential super-spreader party at Mar-a-Lago long after Junior & wife leave here on their private jet.”
Are you ready for a Donald J. Trump Airport? According to the Daily Beast, Trump has been asking aides about the process of naming airports after former U.S. presidents.
Further reading: “Jared Kushner’s family real estate business wants to raise at least $100 million in capital through Israel’s bond market… Kushner has helped spearhead a series of moves that have been applauded by the conservative pro-Israel community, including moving the U.S. Embassy to Jerusalem from Tel Aviv and recognizing Israeli sovereignty in disputed areas such as the Golan Heights. Kushner also has close ties to Israel’s prime minister, Benjamin Netanyahu.”

Miscellaneous

The Census Bureau missed it’s end-of-year deadline to produce numbers that determine representation in Congress and the Electoral College for the next decade. The agency is working toward Jan. 9 as an internal target date for completing the current stage of processing records. "If we miss Jan. 9, it's hard to envision that we would get apportionment done before inauguration," a Census employee told NPR.
The final timing of the 2020 census results' release could undermine President Trump's efforts to make an unprecedented change to who is counted in key census numbers before leaving office… If the first census results are not ready until after Trump's term ends on Jan. 20, it would be President-elect Joe Biden, not Trump, who would get control of the numbers, which are ultimately handed off to Congress for certification.
submitted by rusticgorilla to Keep_Track [link] [comments]

$700,000 Bet on Fintech - BFT

$700,000 Bet on Fintech - BFT
Alright Degenerates- I posted a small little snippet a day or so ago about BFT. I wanted to do a bit of DD on BFT but also wanted to highlight something that was brought to my attention by a degenerate gambler. Lastly, I wanted to compile some good little snippets that have been put together by some other members as well as from the investor presentation.
Before reading further please understand the major Risks.
  • This is SPAC with ~10.00 NAV, if the deal falls through it could drop to 10.00 USD
  • The warrants could be very lucrative but they can be called and if a deal fails to materialize, these can become worthless.
  • If you're ok with the above risks, continue reading.
Keep in mind that this merger is not complete, but the terms of the deal have been provided to investors and we will be able to either vote yes for the deal or vote no and redeem our shares in BFT for 10.00 cash. So there is downside to this play should the vote not go through or should the two entities terminate the agreement. Right now the downside is ~3 dollars per share according to the close price from today.

MY POSITIONS - Mostly PRPL, PSTH and BFT/BFT.W


https://preview.redd.it/ygrfo9vp0b461.jpg?width=1065&format=pjpg&auto=webp&s=ccd5cd4846d0cdcd6f1ed0e7a37548399a5cf461
https://preview.redd.it/fd3o99vp0b461.jpg?width=1072&format=pjpg&auto=webp&s=96faf02b077fc060c6025bbf7976b54edc6db493


The Customers and MOAT

  • Deep Customer Base with deep ties to gambling/betting industry with Deep penetration in Europe and growing customer bases around the world. Gambling is a tricky business and regulated differently than other industries. Many big players have avoided the industry and Paysafe has a great reputation and has become one of the early movers in the industry. The following are some notable customers.
https://preview.redd.it/0bhbpnvr0b461.jpg?width=473&format=pjpg&auto=webp&s=57ec71dfedd8c6eb1d604282021340fbd8d39025
https://preview.redd.it/cno03rvr0b461.jpg?width=285&format=pjpg&auto=webp&s=4281b8e0db4783b7b4b6cce74f62f0694bdbb008

----------------------------------------------------------------------------------------------------------------------------------------------------- I actually know Paysafe and the usage quite well.
PayPal has many restrictions in Europe regarding iGaming , so does Square.
This is a big play on iGaming for those that aren’t aware.
I was a mid- high stakes online poker player through the 2010-2018. Played a variety of sites. : iPoker; PokerStars, Paddy, MicroGaming, 888, Party. Why so many sites? Because I was always on lookout for where the action was, if a big whale sat down at one online casino; you bet your sweet ass I’m there.
So let me give you my take as a consumer that’s probably spent over $100,000 in transaction fees personally on Paysafe.
This was one of the cheapest and fastest ways to move money around online.
Unlike Stripe this which is against risky business such as CBD and gambling, paysafe is actually one of the leading payment providers in both UK/AUS / Ireland for iGaming.
Big example is William Hill, Bet365, Bwin.
Now why would you want to move money online around as a gambler ?
Well, Visa/MC charge close to 50%->75% more, online casinos = the merchant. They don’t wanna pay that, and in fact put limits on this type of payment processor. (Your visa’s credit cards etc). If a punter deposits / withdraws frequently, the online casino could literally be on the hook for like 20-30% of the turnover throughout the gambler’s period. (This assumes the gambler doesn’t lose all his money per deposit.
Imagine you’re a professional sportsbettor, you’re not loyal to one site. Different spreads / odds are offered on every site, you want to be able to move your money from one to another quickly and cheaply. Arbitrage opportunities do exist in sports betting as bookmakers hedge their books to minimize risk, diff frequencies of bets occur on each sports book; you get the idea.
For recreational punters, it’s simple: some sporting events that are smaller simply don’t exist on one site that exist on another. Eg. Perhaps you using Pinnacle / 10dimes for low spreads on high volume events, but perhaps you want to gamble on live events on bet365 on another day, and bet ponies on Hill.
What if you only have $5000 ? Giant pain in ass to deposit money to each site, paysafe lets you move it around easily.
Should you use visa, you may get blocked from depositing on various sites; Bodog, WHill, Bet365 just to name a few. Withdrawals and clearing deposits with bank transfers or checks takes days-> weeks and gamblers ain’t gonna wait for that shit.
You can also buy prepaid paysafe cards from stores if you don’t wish to use your real credit card; and load that shit up.
One of the biggest markets this is prominent in is South east Asia, they are some of the biggest punters and fucking loving gambling. Looking at you pinoys, Indonesians, Malays. Not everyone wants to fly to Macau to get their rocks off.
As much as this is a play on FinTech, please understand this company has more or less the best Payment service on online gambling globally.
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The Comparable VALUATIONS

From this chart you can see that there looks to be some favorable multiples that could improve once a deal closes. Also, I'm very bullish on the great Margins as well as the conservative growth. I think Foley along with the growing Igaming undervalues the potential of this company. Just the Draft Kings relationship make me tingle.

CHART is COURTESY of u/CoachCedricZebaze
https://preview.redd.it/aozxwuft0b461.jpg?width=722&format=pjpg&auto=webp&s=e40cbc4538ff3bef87a31050dca316ecae996a9b

Management and Growth

  • Bill Effing Foley - I have a thing for guys name Bill and this guy get my nips hard.
    • This guy has turned shit into gold. See his previous ventures before and after....

https://preview.redd.it/dp6oe2ew0b461.jpg?width=386&format=pjpg&auto=webp&s=5e6f137c95fec971568dfa5bc07d0290997c753d
https://preview.redd.it/mhl9b7ew0b461.jpg?width=326&format=pjpg&auto=webp&s=f57ec2eb7c7c318323373af10c8bb12b03e9082e
  • Bill has connections and a strategy to dominate Igaming.
  • Igaming addressable Market is expected to grow immensely from a few billion to tens of billions.
https://preview.redd.it/qfacblzz0b461.jpg?width=241&format=pjpg&auto=webp&s=dbcdace95286ffccf613daa79b93554ca3e5728b

This is an end to end payment processor with big big big name relationships for very disruptive companies that have huge addressable markets. The reason I am excited is because IGAMING is just really starting to take off and Paysafe is a first mover with brand new experienced management and very very fair valuations that could pop after a merger.
TL;DR- BUY BFT stock and BFT.W because BFT stands for big freaking tenderloins.
submitted by dhsmatt2 to wallstreetbets [link] [comments]

Introducing: The Royal Family of Monaco

Prince Rainier III (1923-2005)
Rainier’s mother, Princess Charlotte, was actually illegitimate. Her father Louis II, getting older and with no legitimate children, legitimized her and made her his heir. She never took the throne, and in fact renounced her rights to her son, Rainier, the day before his 21st birthday.
Rainier became the Sovereign Prince of Monaco upon the death of his grandfather in 1949.
During WW2, Rainier served in the Free French Army. During the 40s and 50s he was in a long term relationship with the French film actress Gisele Pascal. Rainier’s sister, Princess Antoinette, wanted her own son to ascend to the throne, and spread rumors that Pascal was infertile. The rumors along with her treatment by the press and public ended their relationship.
After the war Monaco, a country who made its money primarily as a gambling origin, was in crisis as wealthy Europeans found their funds diminished after the war. To restore Monaco’s treasury Rainier decided to promote Monaco as a tax haven, and he personally took control of SBM (the company who owns the Monte Carlo Casino, Opera, and Hostel de Paris) in 1964. Prince Albert still retains a large share of the company and profits from it today.
Marriage:
Everyone knows this one. Rainier married American film star Grace Kelly in 1956.
Their marriage is rumored to have been turbulent. It is said that Grace struggled with adjusting to royal life, regretted ending her film career, and that Rainier had extramarital affairs. Her children have stated that though she was a loving mother, they spent more time with nannies than with their parents.
Grace's dress is iconic, but here you go if you want to revisit some photos from that day.
Rainier smoked up to 60 cigarettes per day, and in the last years of his life his health steadily declined. On March 8th, 2005 he entered the hospital for a lung infection and by the end of the month he was on a ventilator suffering from renal and heart failure. On March 31st he officially announced his son Albert, as regent, and on April 6th he died.
The Constitution
Monaco’s constitution stated that Monaco is a constitutional monarchy ruled by the hereditary princes of the Grimaldi. If the reigning prince were to die without leaving a male heir, Monaco, according to the treaty, would be incorporated into France. In 2002, realizing he had a 43 year old bachelor son, Rainier amended the constitution to allow the crown to pass to his daughters should Albert not marry.
Grace, Princess of Monaco (1929-1982)
Grace was born in Philadelphia to an affluent and influential family. Her father was an Olympian and a Democratic nominee for Mayor of Philadelphia and was appointed by President Roosevelt as National Director of Physical Fitness. Her mother taught physical education at the University of Pennsylvania and coached women’s athletics at Penn.
Her Uncle, George Kelly, was a Pulitzer prize winning dramatist, screenwriter, and director and used his influence to gain Grace admission to the American Academy of Dramatic Arts in New York. Grace became one of the biggest movie stars of her generation.
In 1955 she was sent to the Cannes Film Festival and invited to appear in photos with Prince Rainier. After a year-long courtship, they were married in 1956.
Grace was not allowed to continue her acting career after her marriage. She instead devoted herself to her role as Princess, become heavily involved with the Red Cross of Monaco and the Rainbow Children Coalition.
On September 13, 1982, Kelly was driving back to Monaco after spending time at her country home. During the drive she had a stroke, lost control of her vehicle, and drove off the mountainside. She died a day later.
An article on their relationship
Prince Albert II (b. 1958)
Prince Albert is one of the wealthiest royals in the world with a net worth at more than $1B. He attended Amherst College in Massachusetts, studying political science, economics, music, and English literature, and completed his education with a Bachelor of Arts degree in Political Science. He toured Europe in 1979 as part of the Amherst College Glee Club.
Albert competed in the bobsleigh for five consecutive Winter Olympics on behalf of Monaco, and was their flag bearer at the 1988, 1994, and 1998 Olympics. He is also a judo black belt.
He became Prince of Monaco when his father died in 2005.
Marriage:
Prior to his marriage his status as a bachelor was a hot topic of discussion. He was known to date well-known fashion models and actresses, however at age 53 had never married. It was rumored that Albert was gay, something he expressed great frustration with in the press. In 2006 he attended the opening ceremony of the Torino Olympics with South African swimmer Charlene Wittstock. They were engaged in 2010, and married in 2011.
There are rumors that Charlene tried to flee the country the day before their wedding. It is reported that the future bride, after discovering Albert may have fathered yet another child during their relationship, attempted to flee as many as three times before their wedding, however was always intercepted at the airport. It is also said she attempted to seek refuge at the South African embassy, and that officials in Monaco ended up hiding her passport so she could not leave the country.
Moreover, during their wedding, Charlene openly cried at parts, and Prince Albert was caught on camera begging her to kiss him. Honestly, she looked pretty miserable the whole time. The palace has denied all of these claims.
During their honeymoon, they stayed in separate hotels
Here's everything you ever needed to know about their wedding
Watch it
Prince Albert is passionate about the environment and an avid sportsman. Prince Albert speaks French, English, German, and Italian. He speaks English with basically no accent thanks to his American mother.
Illegitimate Children
In 2005, the day before Prince Rainier died, Albert publicly acknowledged he had fathered a son out of wedlock. In 2006, he confirmed he had also fathered a daughter. These children were barred from the line of inheritance because of a 2002 constitutional amendment requiring an heir’s parents to be married.
Alexandre (b. 2003)
Alexandre’s mother (Nicole Coste) was a flight attendant for Air France and met Prince Albert when he was a passenger on a flight. He asked for her number, the beginning of a years-long affair. The relationship ended at the insistence of Prince Rainier. Albert visited Alexandre and Nicole often, however when he refused to acknowledge Alexandre publicly, Nicole sold an interview and pictures to the media. Albert was in mourning for his father and made no public comment, but later did acknowledge paternity. Alexandre and Nicole live in France at an estate given to them by Albert.
Jazmin (b. 1992)
Jazmin’s mother, Tamara, met Albert while working as a waitress. Albert knew of Jazmin and visited her, however did not acknowledge her publicly until she was in high school to protect her identity. In 2006 the French magazine Voici published photographs of Jazmin and her mother on a visit to Monaco, outing her as Albert’s daughter. She has attended events with Albert and Charlene, and is listed as a sponsor for her father’s royal foundation.
An interview with Jazmin
Princess Charlene (b. 1978)
Born in Zimbabwe, Charlene’s family relocated to South Africa in 1989. She represented South Africa at the 2000 Sydney Olympics, finished fifth in the 4x100 meter relay.
Albert and Charlene met at the Mare Nostrum swimming competition in Monaco in 2000, however were not seen together until 2006.
Charlene converted to Roman Catholicism for her wedding, and has learned French and Monegasque after her move to Monaco. She is an ambassador for the Special Olympics, patron of the South African Red Cross, and is passionate about sport.
In recent news, she completed “the crossing” water bike challenge, a 180 kilometer water bike race for charity.
An interview with Charlene and Albert on the 1st birthday of their twins
Albert and Charlene have 2 children:
Hereditary Prince Jacques *twin* (b. 2014)
Princess Gabriella *twin* (b. 2014)
Gabriella was born 2 minutes before her brother, however because of the constitution her brother will inherit the throne. They are super sweet together and you see them at events often.
Princess Caroline of Hanover (b. 1957)
Caroline is the eldest child of Rainier and Grace Kelly, however because of the constitution her brother, Albert, sits on the throne of Monaco. She served as de facto first lady of Monaco until the marriage of Albert and Charlene.
Until the birth of her niece and nephew she was heir presumptive to the throne, although she had only held that title since 2005 after the change of the constitution to include female heirs.
Caroline received her French baccalaureat in 1974, and received a degree in Philosophy from Sorbonne University. She is fluent in French, English, Spanish, German, and Italian. Her hobbies include horseback riding, swimming, and skiing.
Marriages:
Married Phillippe, a Parisian banker, in 1978. The couple divorced in 1980 with no children.
Married Stefano in 1983, the sportsman heir to an Italian industrial fortune. The two had to marry in a civil ceremony rather than a religious ceremony because Caroline, a Catholic, was divorced. Caroline was 3 months pregnant at the time of their wedding.
They have three children:
  1. Andrea Casiraghi (1984)
  1. Charlotte Casiraghi (1986)
  1. Pierre Casiraghi (b. 1987)
Note: The Casiraghi’s are all very beautiful and very fashionable but I don’t want to go much into them here because they are so far down the line of succession. They’re fun to follow for their fashion if you have the time to check them out.
Married Ernst August, a Prince, in 1999. They have one daughter, Princess Alexandra.
Caroline is thus a Princess twice-over, through her family and through her husband. She and Ernst August have been separated since 2009 however are still legally married, thus she retains the title of Princess Caroline of Hanover.
Read about all of her weddings here
See her speaking in English around 12:00 here
Princess Stephanie (b. 1965)
Stephanie was in the vehicle with her mother when Grace died. She suffered a fracture of the neck.
She has studied classical dance and piano, and competed in gymnastics and horse riding. She interned at Christian Dior and debuted as a model in 1984. She has a swimwear and perfume line, and owns cafes and stores in both Monaco and Barcelona. She also has sold more than 2 million copies of her song, Ouragan, and sold 1.5M copies of her album Besoin. She recorded “In the Closet” with Michael Jackson, however is listed as “mystery girl” in the credits.
Marriages/Relationships:
Stephanie married her former body guard, Daniel Ducruet, in 1995. When Rainier learned of their relationship Daniel was not only still his employee, but had a pregnant girlfriend too. Stephanie gave birth to their two children “out of wedlock” because Rainier refused to grant permission for them to marry, however eventually relented. The two divorced a year later after Ducruet was photographed naked with a stripper.
Read more
They have two children:
  1. Louis (b. 1992)
  1. Pauline (b. 1994)

Stephanie and Jean never married, however have a child together. He was Rainier’s Head of Security. She did not identify him on the birth certificate and it was not confirmed that he was Camille’s father until she confirmed it herself on her Instagram.
More about Jean

Stephanie met elephant trainer (yeah, you read that right) when she presented him with the award for “best animal tamer” at the Monaco Circus Festival in 1997. Franco, a decade older than Stephanie, was married with two children at the time. Franco left his family for Stephanie, moving her and her three children into his circus caravan in Zurich. Marrying in 2001, their relationship lasted 18 months until their divorce.
An interview with Stephanie in English in 1990
Why is he a Prince and not a King?
From vogue:
It goes back deep into the history of Monaco. Monaco has always been a tiny nation, and, for protection, allied itself with (or, at some points, was flat-out annexed by) big powerful countries, with big powerful rulers—aka kingdoms, or, a nation ruled by a king or queen. So Monaco’s rulers styled themselves as prince and princess. That, by definition, made the nation a principality, or one ruled by prince or princess.
Regardless, Albert actually plays a bigger role in the day to day operations of the country than most of his European peers. Legislative power is divided between the Prince who initiates the laws, and the National Council who votes on them. Executive power is retained by the Prince, and he has full judiciary powers.
Jewels
See their tiara collection
I think the Ocean Tiara, gifted to Charlene for her wedding, is particularly interesting. You either love it or you hate it.
The Grimaldi Curse
What do you think?
submitted by cincbus to RoyalsGossip [link] [comments]

COVID-19 Megathread #6

This post is updated daily.
You can also follow the Reddit Live thread here.
 
COVID-19 has now infected more than 215,956 people. There have been 8,757 confirmed deaths and 84,080 confirmed recoveries attributed to the virus.
 
Recent Updates
Note: These are the updates from the last 48-72 hours.
MARCH 18 -
 
MARCH 17 -
 
MARCH 16 -
 
Tracking COVID-19
 
Reputable Sources for Information:
submitted by hoosakiwi to news [link] [comments]

Know Your President!

There's a lot of disinformation out there spread by foreign trolls and domestic militants. Qanon is nonsense but it serves a purpose of blunting the facts. "You say Trump was helped by the Russians? What about Hillary eating babies?"
A poster named Tobert420 put together a comprehensive list that worth reviewing before voting in the coming election. Since the goal of those spreading disinformation is to muddy the waters, I thought I would share his work. Knowledge is power.

An Overview of Donald Trump’s numerous ties to Russia, with sources!

📷
Trump was over a billion in debt and the Russians bailed him out.
► Trump was first compromised by the Russians in the 80s. In 1984, the Russian Mafia began to use Trump real estate to launder money. In 1987, the Soviet ambassador to the United Nations, Yuri Dubinin, arranged for Trump and his then-wife, Ivana, to enjoy an all-expense-paid trip to Moscow to consider possible business prospects. Only seven weeks after his trip, Trump ran full-page ads in the Boston Globe, the NYT and WaPO calling for, in effect, the dismantling of the postwar Western foreign policy alliance. The whole Trump/Russian connection started out as laundering money for the Russian mob through Trump's real estate, but evolved into something far bigger.
► In 1984, David Bogatin — a convicted Russian mobster and close ally of Semion Mogilevich, a major Russian mob boss — met with Trump in Trump Tower right after it opened. Bogatin bought five condos from Trump at that meeting. Those condos were later seized by the government, which claimed they were used to launder money for the Russian mob. (NY Times, Apr 30, 1992)
► Felix Sater is a Russian-born former mobster, and former managing director of NY real estate conglomerate Bayrock Group LLC located on the 24th floor of Trump Tower. He is a convict who became a govt cooperator for the FBI and other agencies. He grew up with Michael Cohen--Trump's former "fixer" attorney. Cohen's family owned El Caribe, which was a mob hangout for the Russian Mafia in Brooklyn. Cohen had ties to Ukrainian oligarchs through his in-laws and his brother's in-laws. Felix Sater's father had ties to the Russian mob. This goes back more than 30 years.
► Trump was $4 billion in debt after his Atlantic City casinos went bankrupt. No U.S. bank would touch him. Then foreign money began flowing in through Bayrock (mentioned above). Bayrock was run by two investors: Tevfik Arif, a Kazakhstan-born former Soviet official who drew on bottomless sources of money from the former Soviet republic; and Felix Sater, a Russian-born businessman who had pleaded guilty in the 1990s to a huge stock-fraud scheme involving the Russian mafia. Bayrock partnered with Trump in 2005 and poured money into the Trump organization under the legal guise of licensing his name and property management.
► In July 2008, the height of the housing bust, Trump sold a mansion in Palm Beach for $95 million to Dmitry Rybolovlev, a Russian oligarch. Trump had purchased it four years earlier for $41.35 million. The sale price was nearly $54 million more than Trump had paid for the property. Again, this was the height of the recession when all other property had plummeted in value.
► Semion Mogilevich was the brains behind the Russian Mafia. Mogilevich operatives have been using Trump real estate for decades to launder money. That means Russian Mafia operatives have been part of his fortune for years. Many of them owned condos in Trump Towers and other properties. They were running operations out of Trump's crown jewel.
► From Craig Unger's AMA: "Early on, a source told me that all this was tied to Semion Mogilevich, the powerful Russian mobster. I had never even heard of him, but I immediately went to a database that listed the owners of all properties in NY state and looked up all the Trump properties. Every time I found a Russian sounding name, I would Google, and add Mogilevich. When you do investigative reporting, you anticipate drilling a number of dry holes, but almost everyone I googled turned out to be a Russian mobster. Again and again. If you know New York you don't expect Trump Tower to be a high crime neighborhood, but there were far too many Russian mobsters in Trump properties for it to be a coincidence."
► So many Russians bought Trump apartments at his developments in Florida that the area became known as Little Moscow. The developers of two of his hotels were Russians with significant links to the Russian mob. The late leader of that mob in the United States, Vyacheslav Kirillovich Ivankov, was living at Trump Tower
► According to a Bloomberg investigation (3/16/2017) into Trump World Tower, “a third of units sold on floors 76 through 83 by 2004 involved people or limited liability companies connected to Russia and neighboring states.”
► In 2013, Federal agents busted an “ultraexclusive, high-stakes, illegal poker ring” run by Russian gangsters out of Trump Tower. They operated card games, illegal gambling websites, and a global sports book and laundered more than $100 million. A condo directly below one owned by Trump reportedly served as HQ for a “sophisticated money-laundering scheme” connected to Semion Mogilevich.
► The Russia Mafia is part and parcel of Russian intelligence. Russia is a mafia state. That is not a metaphor. Putin is head of the Mafia. So the fact that they have been operating out of the home of the president of the United States is deeply disturbing.
► Rudy Giuliani famously prosecuted the Italian mob while he was a federal prosecutor, yet the Russian mob was allowed to thrive. Now he's deeply entwined in the business of Trump and Russian oligarchs. Giuiani appointed Semyon Kislin to the NYC Economic Development Council in 1990, and the FBI described Kislin as having ties to the Russian mob. Of course, it made good political sense for Giuliani to get headlines for smashing the Italian mob.
► A lot of Republicans in Washington are implicated. Boatloads of Russian money went to the GOP--often in legal ways. The NRA got as much as $70M from Russia, then funneled it to the GOP. The Republican Senatorial Campaign Committee lead by McConnell got millions from Leonard Blavatnik. In the 90s, the Russians began sending money to top GOP leaders, like Speaker of the House Tom Delay. Craig Unger's book alleges that most of the GOP leadership has been compromised by RU money.
► At the Cityscape USA’s Bridging US and the Emerging Real Estate Markets Conference held in Manhattan, on September 9, 10, and 11, 2008, Donald Trump Jr. was frank about the tide of Russian money supporting the family business, saying "...And in terms of high-end product influx into the US, Russians make up a pretty disproportionate cross-section of a lot of our assets."
► Eric Trump told golf reporter James Dodson in 2014 that the Trump Organization was able to expand during the financial crisis because “We don’t rely on American banks. We have all the funding we need out of Russia.”
► Russian oligarchs co-signed Trump’s Deutsche bank loans.
Trump now gleefully takes cues from Putin:
► At the end of 2018, Putin and his allies started making a strong push for a resolution that would justify their country’s 1979 invasion of Afghanistan and reverse an 1989 vote backed by Mikhail Gorbachev that condemned it. The Putinists’ goal was to pass the resolution by Feb. There is no one on this side of the Atlantic who thinks the USSR was justified in invading Afghanistan. And out of nowhere, on January 2nd, Trump came out strongly supporting Russia's 1979 invasion of Afghanistan.
► Trump went against American intelligence on North Korean missiles. He told the FBI he didn't believe their intelligence because Putin told him otherwise. “I don't care, I believe Putin"
Trump met in secret with Putin at the G20 summit in November 2018, without note takers. 19 days later, he announced a withdrawal from Syria. As a note, Trump conducted FIVE completely private meetings and conferences with Putin, and has gone to great lengths to prevent literally anyone, even people in his administration, from learning what was discussed.
Trump refused to enforce sanctions legally codified into law - and in some cases reversed standing sanctions on Russian companies.
► He has denounced his own intelligence agencies in a press conference with Putin on election meddling - and publicly endorsed Putin's version of events.
► Trump pulled out of the INF treaty with no explanation, which allows Putin to create long-range hypersonic missiles that threaten Europe with impunity. The US already has all the weaponry that the INF would ban the development of, so this offers us literally nothing, while allowing Russia to develop powerful new weapons to challenge our allies.
Demanded Russia get invited back into G7
► Pushed the CIA to give American intelligence to the Kremlin.
► Withdrew from the Open Skies treaty
Received intelligence in 2019 that Russia was paying bounties for dead American soldiers, and hasn't done anything about it by the time of this writing.
Announced troop withdrawal from Germany (America's missile defense from Russia and forward operating base against Russian aggression)
► And of course, Trump continues to threaten to pull out of NATO, a move so catastrophically stupid, so inconceivably cosmically myopic, I truly can't express the profundity of the idiocy. Suffice to say, pulling out of NATO would be like the only guy in a prison yard with a shotgun just throwing it over the fence for absolutely no reason, suddenly giving the people with crude homemade shivs complete power.
Trump commuted the sentence of Robert Stone, a former advisor convicted several charges, including lying to Congress, witness tampering and obstructing a congressional committee proceeding, as part of former special counsel Robert Mueller's Russia investigation.
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Wrestling Observer Rewind ★ Jan. 28, 2002

Going through old issues of the Wrestling Observer Newsletter and posting highlights in my own words. For anyone interested, I highly recommend signing up for the actual site at f4wonline and checking out the full archives.
PREVIOUSLY: The Complete Wrestling Observer Rewind 1991-2001
1-7-2002 1-14-2002 1-21-2002
  • NJPW was thrown into chaos this week when Keiji Muto, Satoshi Kojima, and IWGP Jr. Heavyweight champion Kendo Kashin all abruptly quit the company, along with 5 of NJPW's front office employees, and are headed to AJPW. Needless to say, this immediately killed the working relationship between the two companies and NJPW is already attempting to forge a new partnership with NOAH. There's also said to be a significant power struggle within NJPW right now behind the scenes that will likely be straightened out whenever Inoki returns to Japan (he's in Los Angeles right now). Tatsumi Fujinami is NJPW president but in the wake of losing these big stars, and the disappointing TV ratings for the Jan. 4th show, it's rumored his days may be numbered. There's rumors that Inoki may take over the role for the first time since he was forced out of the position back in 1983 (long story, bunch of financial scandals, Google is your friend here). Muto is currently half of the IWGP tag team champions and they were scheduled to defend the titles next month and he volunteered to still work the show, but NJPW wasn't having that so that won't be happening now and the titles will instead be vacated, along with the Jr. title Kashin held. And of course, the IWGP title is also currently vacant due to Fujita's injury, so all of NJPW's top titles are vacant right now (the only other active title is the Jr. tag belts, held by Gedo and Jado).
  • Lots of rumors floating around about how this happened, but the gist appears to be that Hiroshi Hase was the architect (no Seth) behind this whole thing. Reportedly, Muto (and maybe some of the other people who left) may be purchasing a stake of AJPW from Motoko Baba so he'll have some ownership say. The long-term idea is that Mrs. Baba will step down in a few years and Muto, who by then should be ready to retire (lol) will take over the role as AJPW president. Of course, that was the original plan for Misawa after Giant Baba died, but he and Motoko Baba couldn't get along and Misawa eventually left and formed NOAH instead. It's also worth noting that Kashin in particular wasn't thrilled about doing shoot fights while working in NJPW, but felt pressured to by Inoki and he reportedly wanted out of the company even if the AJPW thing hadn't been an option. As for Kojima, he and Tenzan have been the best tag team pro wrestling has seen in years and from an in-ring perspective, may have been the best pure worker in NJPW so his loss is going to hurt a lot too. The office workers who left are mostly accounting and merchandising people who will be doing the same jobs for AJPW.
  • One bummer of a note here is that, before this, Muto had talked of putting together a dream match against Misawa. But as long as Motoko Baba is breathing air, an AJPW star isn't going to work with Misawa, so that's probably a dead issue (yeah, sadly we never did get that match).
  • One final note: Muto also tried to recruit NJPW rising star Hiroshi Tanahashi, who most believe has the most potential of anyone in the entire company, to jump ship with him but Tanahashi decided to stay (oh man, can you imagine how different things would be if he had gone).
  • On Raw this week, Vince McMahon teased the impending arrival of Hall, Nash, and Hogan, saying he's going to do something soon that even he will regret. Vince has reportedly caved on most of Nash's demands, including the reduced schedule. Hall will be making less money than Nash and will be given an even lighter schedule, because he's a single parent with custody of his children (and Dave questions how fucked up Dana Hall must be if SCOTT is the one who has custody). And of course, you gotta figure Hogan ain't working a full schedule, since he hasn't done that in a decade and probably ain't gonna start now. Of course, this puts WWF in the same position WCW was in a few years ago: having all the top stars working TV and not appearing on house shows, which is something WWF used to openly mock WCW for. Now they'll be doing the same thing, with the same guys. It's something that killed WCW's house show business long before the TV ratings started going down. There's also the issue of how they'll get along backstage, since many of the agents (Dave says Gerald Brisco in particular) were very vocally against bringing these guys back. And then there's John Laurinaitis, who has a lot of power backstage now and he and Nash used to butt heads constantly in WCW. So things are gonna be interesting.
  • In a bit of a surprise, Vince has also agreed to let them use the NWO name and gimmick, and that reveal was made later in the week on Smackdown when Vince talked about killing the WWF with the help of the NWO. As of now, there's no plans for Triple H to join the group. X-Pac will probably find his way into it, given his relationship and history with the group. Nash is reportedly pushing for Shawn Michaels to be involved, but Dave has heard that's unlikely because there's still some fences that need to be mended there between Shawn and some in the company. But then again, Nash has gotten his way on everything else he's asked Vince for so far, so who knows? Anyway, Hall and Nash have officially signed, but Hogan still hasn't finalized his deal as of press time, but the office has been told it's inevitable and to start making plans as if he's signed. It's expected all 3 men will probably debut at the No Way Out PPV next month.
WATCH: Vince McMahon announces the arrival of the NWO
  • The Royal Rumble is in the books and was a huge success. Critically, it was an excellent show, nothing MOTY-worthy or anything, but nothing bad at all and was a legit sellout. Coming out of the show, it appears Chris Jericho will be defending the WWF title against Triple H at Wrestlemania, though that can still change. Triple H winning the Rumble was expected but made the most sense. The Rumble match lasted just over 69 minutes (nice), surpassing the 1993 Rumble and, as far as Dave is aware, making it the longest mach in WWF history (a famous Pedro Morales vs. Bruno Sammartino match in 1972 was reported in all the newspapers as lasting 75 minutes, but it was actually only 65 so don't come at Dave with no "well actually..." bullshit)
  • The return of Mr. Perfect and him being put over like a major star (he lasted until the final 4) proves that WWF has no intention of letting any other competitor get off the ground and will nip that in the bud before it ever happens. Hennig has been available for more that a year (WCW released him before they folded) and WWF never seemed interested, but as soon as XWF came along and made him their featured star (with plans to make him the face of the company), suddenly WWF swooped him up. Hennig's appearance was meant to be a one-off but it was known they were likely going to offer him a deal if he was impressive, and they have. It may not be a huge get for WWF, but it's a massive loss for XWF and pretty much renders their entire first set of TV tapings meaningless now, and Dave says that was precisely the point. Vince left the door open for competition once before and it nearly killed him. He won't make that mistake again (not until 2019 anyway). Dave says to let this be a lesson to any new promotion trying to start up: make sure you have people signed.
  • Other notes from Royal Rumble: Goldust, who was also a one-off for the match, is expected to sign a full-time deal as well. FlaiVince street fight was way better than it had any right to be considering it was between two guys over 50, one of whom isn't even a trained wrestler and the other hasn't wrestled in nearly a year since the final Nitro. Jericho retained the title over Rock in an excellent match and Dave notes that no one in the history of wrestling with the kind of main event star power Rock possesses has ever done as many jobs as him. Maven dropkicking Undertaker out of the Rumble match was the biggest pop of the entire show. But then Undertaker spent the next several minutes beating poor Maven nearly to death, lest anyone think Undertaker was actually trying to get this kid over or anything. Overall, Dave thinks it was the best Rumble match in several years.
WATCH: Maven eliminates Undertaker from the 2002 Royal Rumble
  • The tradition of Memphis wrestling on WMC-TV has been revived! Sorta. The show, dating back to the 70s, has been off the air since last spring when the TV station refused to allow them to tape shows in their studio anymore. For the next few months, they aired a bunch of "Best of" shows but those eventually stopped in December and they've been airing infomercials in that time slot ever since. But this week, a show featuring Jerry Lawler and Brian Christopher in the main event, taped at a nearby casino in Tunica, MS aired on the channel in the usual Saturday morning time slot. Dave says the production quality was garbage and there was no local publicity for it, so it probably did a terrible rating, but it's something (pretty much just one last dying gasp, this doesn't lead to anything).
  • Carlos Colon said he's going to cut back on being an active wrestler because he wants to spend more time with his kids. Dave points out that most of his kids are wrestlers in his company, so maybe he's actually trying to get away from them.
  • NJPW star Minoru Tanaka announced his engagement to former women's wrestler Yumi Fukawa, who retired last year (did some research and they're still married to this day. Tanaka still wrestles in NOAH and Fukawa is an actress in Japan).
  • Atsushi Onita, who has been issuing grandstand challenges to Antonio Inoki for months with no response, has now challenged Naoya Ogawa for a match and wants it to be a benefit show in Afghanistan for the kids there. Dave says don't hold your breath for that one either. Onita says if he beats Ogawa, he wants the match with Inoki. Again, none of this is happening, just Onita trying to work his own angle. Neither Inoki nor Ogawa want anything to do with him.
  • Goldberg participated in a charity golf tournament this week and while there, he made some comments about going to the WWF. "I personally believe that everything I've stood for when I got into the ring would be compromised and succumbed to the circus-like atmosphere that's out there, and that's putting it mildly. I would be an imbecile if I gave up half my money to work for a company I didn't respect." Dave wonders if his tune will change when that WCW contract money dries up (yup). Also, at the same tournament, they did a funny little angle with Goldberg throwing his caddie into a lake.
WATCH: Goldberg torpedoes his caddie into the lake
  • Superstar Billy Graham has reportedly lost nearly 60 pounds in just 3 weeks, most of it water weight due to edema he's suffering from and all the other liver issues he's currently dealing with.
  • Bruno Sammartino did an interview talking about the role he has in a new low-budget movie called Saloonatics where he plays a mob guy with cancer. Sammartino talked about how uncomfortable he was with all the profanity his character had to say but he eventually got more comfortable with it and was able to put aside his personal feelings and eventually was okay with it. (No idea where the full movie is, but here's a trailer and yeah this shit is LOOOOOOOW budget).
WATCH: Saloonatics trailer
  • Former WCW announcer Mark Madden is in some controversy in Pittsburgh, where he hosts a daily sports talk show on the local ESPN radio station there. A few weeks back, the sports media in the city was swirling with rumors about NFL star Kordell Stewart's sexuality. Madden went on his radio show and criticized people who were spreading those rumors. A writer who works at the radio station then went on the air and accused Madden of being one of the main people who fueled those rumors and claimed Madden had said things in the past on his show implying that Stewart is gay. Madden denied ever saying that, demanded the guy find the tapes to prove he ever said it, and basically felt like the guy ambushed him live on the air with the accusations. The radio station apparently agreed because the writer was fired when he refused to apologize (for what it's worth, several people have made accusations about Stewart being gay over the years and he's always denied them, and even successfully sued someone a few years ago for claiming he had a relationship with him. Who knows and who cares? Not anybody's business anyway).
  • Jake Roberts was on a radio talk show in England recently and said some interesting stuff. Said he plans to stay in the UK for the next 2 years. Said he could walk back into the WWF and have a writing job tomorrow if he wanted it. Dave scoffs at that and says I guess he prefers wrestling in front of empty indie show crowds in England instead of earning a steady paycheck. Jake also talked about the scene in Beyond The Mat where the movie alleges that Roberts asked an indie promoter for crack cocaine as his payoff for working the show. Roberts denied it happened and said he doesn't trust a promoter with anything, so he wouldn't trust one to get him crack. Well okay then. Claimed he left the WWF last time because he wasn't comfortable with the angle he was doing with Jerry Lawler, feeling like they were exploiting his sobriety. Dave pretty much rolls his eyes at all this, because Jake was actually fired for going on a bender and no-showing a bunch of events (I'm glad we all love Jake now, but he was still 1000% full of shit and off the deep end during this period).
  • Iron Shiek missed an appearance on the Opie & Anthony radio show this week because he was detained for several hours at the airport. Turns out he wore his curly toed wrestling boots on the plane and because this is 4 months after 9/11 and only 1 month after the attempted shoe-bomber, and let's be honest, simply because Iron Shiek is Middle Eastern, people freaked out. And when they wanted to examine his boots, he initially refused to let them and, well, you can imagine how well that went over with airport security.
  • If WWA's PPV in Las Vegas happens next month, Bret Hart has agreed to reprise his role as the on-screen commissioner. As best Dave can tell, no one else has really been signed on for the show and the MGM Grand doesn't know anything about this alleged plan to hold the event in their arena and in fact, WWA hasn't even applied with the Nevada commission to get a license to run a show anywhere in the state and it's almost certainly too late to get one by the scheduled date. So Dave is skeptical that this even happens, and if it does, he can't see it being in Las Vegas. (Surprisingly, it does happen and it is in Vegas, but we'll get there.)
  • Speaking of the Nevada athletic commission, XWF brought a bunch of wrestlers and a wrestling ring to the National Association of Television Program Executives conference in Vegas, with hopes of putting on a live show and impressing all the TV execs and trying to secure a TV deal. But the XWF didn't get permission from the Nevada commission, so they weren't allowed to use the ring and do a show. Whoops.
  • Speaking of XWF, morale is in the dumps in that company right now. Losing both Hulk Hogan and Curt Hennig (neither of whom were signed but had been working with them) as well as Sting reportedly not being interested has killed a lot of the excitement about the promotion for people within it.
  • Notes from Raw: Flair cut an emotional promo about his history in wrestling and how he was on the road so much and put wrestling ahead of his family and not seeing his kids and all that stuff. During the promo, Lawler made a sarcastic joke about Flair needing to have his priorities in order, which Dave thinks is pretty rich coming from Lawler, who lived the exact same life and wasn't much of a father to his kids either (which Lawler has admitted, to be fair). They're continuing to tease a Triple H/Stephanie split, with him being annoyed at her nagging. Speaking of Triple H, Dave thinks he needs to lose at least 15 pounds because he's totally slow and lumbering since he came back.
  • Notes from Smackdown: AJ Styles worked a dark match, losing to Rico Constantino, but apparently he looked awesome in the match (yeah he hits an awesome shooting star to the floor late in the match). And the show ended with McMahon doing the big NWO reveal on the back of his chair during his promo.
WATCH: AJ Styles vs. Rico Constantino dark match - 2002
  • Regarding Triple H's match on Smackdown last week, where they gave away his return match on free TV 3 days before the Rumble. Remember how Dave was flabbergasted that they would be so short-sighted? Turns out Triple H felt the same way and fought hard against it, but Vince wouldn't budge.
  • Chris Benoit is telling people he expects to be back in the ring around June (yup).
  • Jim Ross answered some questions at a press thing last week and had lots of interesting stuff to say. He said the criticism WWF was receiving for bringing in Hall, Nash, and Hogan hurts, but they have to do what's best for the company and Vince feels this is it. Doesn't sound like JR loves the idea too much either. They've had no talks with Scott Steiner. When told of Goldberg's recent comments (mentioned above), he said he wanted to believe Goldberg hadn't really said that and thought it was a shame. Said there's heat on Jeff Jarrett for how he left the WWF last time so he probably won't be welcomed back anytime soon. JR also hinted that the brand split will come after Wrestlemania and implied that they will be reviving the cruiserweight division. Dave says he's convinced that Vince will never get behind pushing cruiserweights as major stars so he's not holding out hope for that. Said they may bring in Rey Mysterio if they decided to launch a cruiserweight division. Said they'd love to have Eddie Guerrero back but he has to get his personal issues straightened out first. Same with Shawn Michaels, plus they don't know if he could physically do it.
  • ESPN's Bill Simmons wrote an article reviewing Royal Rumble 2002 and Dave thinks it was great. In one piece, Simmons managed to pretty much sum up all of WWF's recent problems while still acknowledging that the show was entertaining. And the link Dave posted for it in 2002 still works!
WATCH: Bill Simmons reviews the 2002 Royal Rumble
  • Unless things change, Chris Jericho is gonna be in an awkward situation next week. Jericho is scheduled to play in a celebrity hockey game as part of NHL All Star Weekend. Who will his celebrity coach be, you ask? Goldberg. As of press time, most people in WWF don't seem to be aware of it and Dave wouldn't be surprised if Jericho gets pulled from it.
  • Booker T was on the Howard Stern show (after his comments last week saying he wasn't a fan of Stern, go figure) and talked about his time in prison and his plans to write a book. He also said he hopes to retire in 2 years which Dave ain't buying (yeah, still about 10 years away from that). He also said someone is suing him over the term "Spinaroonie" because apparently someone else thinks they own the rights to that name. Booker also mentioned that he's dating former Nitro Girl Sharmell Sullivan. Dave notes that they've been dating since WCW and Booker is the one who helped her get hired by WWF, where she's currently in developmental.
  • DDP has also said he plans to retire in 2 years, to become a motivational speaker. This one actually almost happened. He left WWF just 3 months after this and didn't wrestle at all for several years. Then he had a brief run in TNA but he's been mostly retired other than some one-offs ever since.
  • Randy Orton is moving up to the main roster. In his final OVW match, Orton lost clean to Prototype and Dave says it's clear they're grooming Prototype to be the next OVW champion.
WATCH: Randy Orton vs. Prototype - OVW 2002
WEDNESDAY: More on the impending arrival of the NWO, more on the upcoming brand split, cruiserweight division, and more...
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Immortalists Magazine Interview with David Pearce

Source: Part 1 Part 2 Part 3
IM: We are now in a position where we can choose the level of suffering in the entire living world, why do it?
DP: Around 850,000 or so people worldwide take their own lives each year. Tens of millions self-harm. Hundreds of millions are chronically depressed. These grim figures are just the tip of an iceberg of misery. Words and statistics can’t begin to convey the awfulness of suffering. Yet there is hope. For the first time in history, biotechnology turns the level of suffering in the living world into an adjustable parameter. The biosphere is programmable. Even a handful of genetic tweaks could massively reduce the level of suffering in the world. If used wisely, a combination of artificial intelligence, genetic engineering and synthetic gene drives could eradicate experience below “hedonic zero” altogether. Life on Earth deserves a more civilised signalling system – a motivational architecture based entirely on information-sensitive gradients of well-being. Today, a few fortunate genetic outliers enjoy hints of how such an architecture of mind will function. In future, life based on gradients of intelligent bliss can be the global norm. CRISPR makes paradise-engineering technically feasible.
On a more sober note, the easiest way to reduce to reduce suffering in the world doesn’t rely on gene editing, advanced technology or posthuman superintelligence. The biggest source of severe and readily avoidable suffering today is animal agriculture. Factory-farming is inherently abusive. Factory-farms and slaughterhouses are morally indefensible. Our victims are as sentient as small children, and they should be treated accordingly. The death-factories must be permanently closed and outlawed. Any civilisation worthy of the name will be invitrotarian or vegan.
IM: Isn’t suffering a necessary part of life?
DP: Misery and malaise are so common that it’s easy to believe they are integral to life itself. Gautama Buddha’s “Life is suffering” sounds like a simplistic slogan to temperamentally optimistic life-lovers; but for billions of human and nonhuman animals, it’s true. For over 540 million years, suffering has been endemic to the animal kingdom. A predisposition to mental and physical pain has been genetically adaptive. Discontent promotes the inclusive fitness of our genes. Evolution via natural selection is underpinned by random mutations and the genetic casino of sexual reproduction. Natural selection is “blind” and amoral. But a revolution in genome-editing promises to transform the nature of selection pressure. Parents will shortly be able genetically to choose the pain thresholds, hedonic range and hedonic set-points of their future children. Prospective parents will pick genes and allelic combinations in anticipation of the likely effects of their choices. As the reproductive revolution unfolds, selection pressure in favour of “happy” genes will intensify at the expense of their nastier cousins. Barring revolutionary breakthroughs, growth in subjective wellbeing may only be linear rather than exponential; but genetic engineering plus the pleasure principle are a potent mix.
IM: If we do raise the hedonic range, do we lose other values/attributes worth keeping?
DP: Engineering a world of indiscriminate bliss wouldn’t merely be risky. Uniform bliss would undermine human relationships, social responsibility, personal growth and intellectual progress. Most people aren’t classical utilitarians: getting “blissed out” would entail losing a lot of what we value as well as the miseries we hate. By contrast, ratcheting up hedonic range and hedonic set-points doesn’t entail adjudicating between different secular and religious values or sacrificing anything we hold dear. Hedonic recalibration doesn’t subvert existing preference architectures. An elevated hedonic set-point can also enhance the diversity of experience; compare how depressives tend to get “stuck in a rut”. Information-sensitive gradients of well-being can preserve what humans find valuable while enriching our default quality of life. Hedonic uplift will vanquish the feelings of emptiness, futility and nihilistic despair that stain so many lives today. Post-Darwinian life based on gradients of bliss will be saturated with meaning, purpose and significance.
For sure, there are tons of complications. The biohappiness revolution will be messy. We’d do well to preserve the functional analogues of depressive realism. But the basic point stands.
IM: How is genetic engineering different from eugenics?
DP: Just as the Soviet experiment polluted the whole language of social justice, likewise the early twentieth-century eugenics movement polluted the whole language of genetic health. Consider the commitment to the well-being of all sentience enshrined in the Transhumanist Declaration (1998, 2009), or the World Health Organisation’s definition of health as set out in its founding constitution (1948): “a state of complete physical, mental and social well-being and not merely the absence of disease or infirmity.” Lifelong health as so defined is impossible with a Darwinian genome. A living world where all sentient beings are innately healthy can be created only via genetic engineering. Societal reform on its own can’t manufacture the molecular substrates of happiness. Etymologically speaking, transhuman civilisation will be the product of eugenics. So in that sense, the critics are right. But genetically engineering the well-being of all sentience is far removed from the coercive “eugenics” and race hygiene policy of the Third Reich.
That said, a multitude of legal of legal and ethical safeguards will be essential to navigate the transition to post-Darwinian life – humans are untrustworthy creatures. Not least, we should uphold and extend the sanctity of life.
IM: How do we ensure genetic engineering is used safely?
DP: All genetic experimentation is inherently risky, not least the gamble of having children. Antinatalists might support a hundred-year moratorium on untested genetic experiments; but such prudence is unrealistic. For evolutionary reasons, most people are determined to have children via sexual reproduction. So we should focus on minimising the risks of such genetic experimentation. Let’s try to balance risk-reward ratios. Preimplantation genetic screening will be hugely cost-effective. Later this century, all babies could and should be CRISPR babies. In the meantime, access to preimplantation genetic screening and counselling ought to be universal.
For example, consider the genetic dial-settings that regulate pain-sensitivity. What level of pain tolerance is optimal for our future children – and our older selves? Even now, medical science could eradicate pain altogether simply by knocking out the SCN9A gene – the so-called “volume knob” for pain. However, instant eradication of pain is too hazardous. SCN9A-knockouts would lack not just the ghastly experience of pain but also the vital function of nociception. Children with congenital analgesia need to lead a cotton-wool existence or else they come to serious harm. For now, choosing benign “low pain” alleles for our offspring is much safer. In tomorrow’s world of advanced AI and neuroprostheses, even the mildest “raw feels” of pain could be abolished. In the meantime, we can ensure that new children (and maybe our future selves) have the same exceptionally high pain-tolerance of today’s high-functioning genetic outliers: folk who say things like “Pain is just a useful signalling mechanism.”
IM: Should we still pursue genetic engineering if there was peace on earth?
DP: Suicide rates typically go down in wartime. There isn’t peace on Earth for the same reason there isn’t peace among chimpanzee troops. Nature “designed” human male primates to (be genetically predisposed to) wage territorial wars of aggression against other coalitions of male primates. Let’s assume, optimistically, that we can prevent future armed conflict without any of the biological-genetic interventions discussed here. The negative-feedback mechanisms of the hedonic treadmill would ensure that countless people would continue to suffer – even in a peaceful world without war, poverty and disease. By its very nature, Darwinian life is sentient malware. Only a biohappiness revolution can fix our sinister source code for good.
IM: What other types of human enhancement technologies will considerably affect the nature of humans?
DP: Safe and sustainable analogues of empathetic euphoriants like “hug drug” MDMA will revolutionise human relationships. Compare the quasi-psychopathic indifference to most other sentient beings that humans display now.
Robolovers, sexbots and designer aphrodisiacs will revolutionise sexual experience.
Novel psychedelics, novel genes and novel neurons will open up billions of state-spaces of consciousness as different from each other as waking life is different from dreaming life.
“Augmented” reality will be followed by full-blown multimodal immersive virtual reality.
“Narrow” superintelligence-on-a-neurochip will be accessible to all; with digital intelligence implants, sentient beings can do everything machine intelligence can do and more.
Opt-out cryonics, opt-in cryothanasia, and finally tools to defeat the biology of aging altogether will transform our conception of life and death. Transhumans will be quasi-immortal.
But in my view, mastery of the pleasure-pain axis will inaugurate the biggest revolution of all. The end of suffering promises an ethical watershed. Invincible well-being for all sentience will mark a momentous evolutionary transition in the development of life.
IM: What are some ethical considerations worth arguing about at this stage?
DP: As a transhumanist, I look forward to a glorious “triple S” civilisation of Superhappiness, Superlongevity and Superintelligence. But more concretely, I’d like to see a coordinated hundred-year Plan to overcome suffering throughout the living world under the auspices of the World Health Organization. Here are four policy proposals for a Biohappiness Revolution:
At times, Darwinian life can be desperately grim. Yet depressive, pain-ridden people shouldn’t feel their lives are worthless. Even malaise-ridden lives can be valuable if one prevents more suffering than one undergoes. We should all aspire to be not just transhumanists but also effective altruists. Let’s use biotechnology to phase out suffering. Humans are stepping-stones to something better – something inconceivably sublime.
IM: In 2015, Bill Gates gave a chilling warning on a TED Talk that the world was in danger due to global pandemics or bioterrorism. These predictions have raised conspiracy theories that Bill is responsible for creating the novel coronavirus and the reason for his interest in developing a vaccine treatment. There are also conspiracy theories circulating about 5G technology being connected to the spread of the novel coronavirus which has led to the recent burning of 5G towers in the UK. Conversations about the use of microchips and biometrics in order to prevent future epidemics are also fueling conspiracy paranoia. Are these fears reasonable? Do they serve an evolutionary purpose or detriment?
DP: “Only the paranoid survive”, said Intel boss Andy Grove. There’s a lot that medical science still doesn’t understand about the pandemic viral respiratory illness COVID-19. However, the new corona virus was not created by Bill Gates, nor is it spread by 5G towers. Nor is it a bioweapon. The truth is more sinister. COVID-19 is a by-product of humanity’s monstrous treatment of nonhuman animals. Zoonotic disease and consequent global pandemics are inevitable as long as humans practise meat-eating. Animal abuse is catastrophic for humans and our victims. Details of the spillover infection in a dirty Wuhan meat market in November 2019 are still murky; but this viral pandemic would not have happened if humans didn’t practise animal agriculture – and then butcher sentient beings to gratify a gruesome taste for their flesh. Rather than being the villain of the piece, Bill Gates is a sponsor of “clean” cultured meat. The cultured meat revolution promises to end zoonotic pandemics, save billions of nonhuman and human animal lives, and yield cost-savings of tens of trillions of dollars by preventing future pandemics. Yet human health and safety needn’t wait for the commercialisation of cruelty-free cultured meat and animal products. Wet markets, vivisection labs, factory-farms and slaughterhouses are crimes against sentience; they should be outlawed. Future civilisation will be vegan.
IM: Humanity’s self-sabotaging nature exists in many forms. One, in particular, a form of self-assertion by denying, ignoring, or attacking what others consider to be true - the fear of others - is as subtle and universal as it is destructive. This form of self-defense mechanism so prevalent in modern society prevents people from establishing effective communication channels that are all-encompassing, flexible, and effective, in particular towards problem-solving. Could humans ever turn mindfulness, gratitude, hope, and a sense of solidarity into sustainable practices?
DP: Evolution didn’t “design” humans to be nice to each other – except insofar as friendliness promoted the inclusive fitness of their genes. Some transhumanists worry about the spectre of unfriendly artificial general intelligence; but our biggest challenge is creating sentience-friendly biological intelligence. Maybe the shock of COVID-19 will help persuade killer apes to close the death factories and accelerate an anti-speciesist revolution. Maybe the shock of COVID-19 will help persuade free-market fundamentalists that all people have a fundamental right to basic income, homes and healthcare. I’d love to believe that humans will “turn mindfulness, gratitude, hope and a sense of solidarity into sustainable practices”, as you suggest. But unless we combine dietary, political and socio-economic reform with remediation of our sinister source code, the well-being of all sentience remains a utopian dream. Depravity is hardwired into our DNA – a lot of it, at any rate. The worst of “human nature” must be genetically cured.
IM:To establish a global pandemic immunity for the novel coronavirus, our priorities are: 1. to keep people safe from getting the coronavirus through social distancing, 2. to figure out a way to contact-trace and test millions of people a day to know who can resume working, 3. to come up with treatments and vaccinations that can prevent coronavirus flare-ups, in particular third world countries, 4. to continue travel restrictions and global collaboration, 5. to improve our supply chain and infrastructure. Do you think this plan is aligned with the transhumanist goal of improving the human condition?
DP: Becoming transhuman will entail overcoming deeply-rooted ethnocentric and anthropocentric bias. COVID-19 has already triggered an upsurge in racism and xenophobia. Coronaviruses and future pathogens could be readily tamed with the aid of ubiquitous testing and tracking apps. But many people are (rightly) afraid that tracking measures introduced to tackle catastrophes like COVID-19 – biometric scanning, phone location data, credit-card information, security footage and so forth – will be used by authoritarian regimes to control rather than protect us.
IM: The success of a global plan to turn the economy around towards the sustainable implementation of a universal health care system that can successfully handle crisis depends not only on improving our own neural architecture but on re-defining our value system. Professor Stefan Lorenz Sorgner, also a distinguished philosopher of posthuman studies from Cabo University, Italy, whom I'm also interviewing in this issue of Immoralists Magazine (See: “The Future Of Digital Surveillance and Healthcare - A Conversation with World Leading Philosopher Stefan Lorenz Sorgner” APR-MAY 2020), makes a bold argument stating that when it comes to health and privacy, the problem isn’t about giving up privacy, but our understanding of what privacy means to us. He argues that people aren’t afraid of giving up privacy, but being sanctioned by the government. We soon realize that the fear isn’t the loss of privacy but the inability to live as one pleases. Stefan believes that the collection of digital data by means of total surveillance is needed and can be established through mutually beneficial contracts where citizens give access to their biometrics to governments in exchange for a free health care system that keeps everyone safe and healthy. He adds, "in order to collect all the relevant data, the data needs to be sold in between the companies or the companies and the government." Do you think that a decentralized, non-commercial, peer-to-peer system would be more effective, or could we instead establish a hybrid system that restricts government and companies access to people's biometrics?
DP: Let’s step back for a moment. Why exactly does privacy matter? The Borg has no concept of privacy. Many Christians believe that a benevolent and omniscient God is privy to their innermost thoughts and feelings. But we needn’t invoke science-fiction or theology. If mutually “loved up” on oxytocin-releasing euphoriant empathogens like MDMA (Ecstasy), people can forget about privacy and be honest with each other: oxytocin has been dubbed the “trust hormone”. More radically, the conjoined craniopagus twins Krista and Tatiana Hogan share a thalamic bridge. In a sense, they are distinct persons. But Krista and Tatiana can partially see though each other’s eyes and taste and feel what the other is experiencing. So in another sense, the twins can share a mind as well as a body. Maybe our transhuman successors will be able to “mind meld” via reversible thalamic bridges. If so, mind-melding technologies will inaugurate a revolution of true honesty – and (lack of) personal privacy – as understood by archaic Darwinian lifeforms. Science, morality and decision-theoretic rationality will be revolutionised too. By contrast, “normal” humans today are profoundly ignorant of each other. Moreover, most prefer to stay ignorant – and prefer others stay ignorant of them. For sure, humans want to feel loved, appreciated and respected. But we also want to prevent others from truly understanding us – as distinct from acknowledging our idealised public personae. Some of the reasons why contemporary humans want to preserve their privacy may be irrational – for example, embarrassment over bodies and their functions or a taste in porn. But the problem goes deeper. Social, personal and business life depends on a web of deceptions. If our dark, Darwinian minds practised “radical honesty”, then human society and personal relationships would collapse. Today, we have the justified suspicion that if other humans learned our secrets, they might exploit such knowledge to harm us.
Anyhow, to answer your question more directly: if adequate safeguards can be established, then everyone’s mental and physical health would be best served by allowing medical authorities to have full genetic and biometric data for all citizens, ideally from birth if not conception. Later this century, universal access to preimplantation genetic screening and counselling and CRISPR genome-editing should be available for all prospective parents. Centralised genetic knowledge-banks available to medical researchers would promote public health and benefit individuals and society alike.
However, the risks to personal freedom from sharing such knowledge are far-reaching. I will need to study Stefan Sorgner’s proposals properly before offering comment. But in my view, universal access to free healthcare, basic income and adequate housing shouldn’t depend on surrendering genetic privacy and other biometric details. Universal and unconditional access to healthcare, basic income and adequate housing is a precondition of any civilised society. One possible solution to the privacy dilemma may involve artificial intelligence. If implemented wisely, the practice of sharing intimate personal and biometric details with smart digital zombies won’t involve embarrassment or scope for human-style abuse. We’re already heading for a world of robo-carers, robo-nurses, robo-doctors and robo-surgeons: insentient robo-epidemiologists aren’t so different – not a Nanny State, but “Nanny AI”. But I believe this kind of AI option would need rolling out over decades. The devil is in the details.
IM: Facebook founder Mark Zuckerberg and his wife Priscilla Chan are planning to partner up with the Bill and Melinda Gates Foundation to begin exploring possible COVID-19 treatments. It is known that the Zuckerberg-Chan Initiative is also on a mission to “eliminate all diseases within our children’s lifetime”. How are super longevity initiatives relevant to our quest to establish a universal health care system and happiness?
DP: Humanity needs a more ambitious conception of health – the kind of conception laid out in the founding constitution of the World Health Organization. I hope that we can indeed “eliminate all diseases within our children’s lifetime”. Yet even if all recognised genetic disorders and infections were eradicated, horrific suffering would persist in the world – all sorts of physical and mental pain. Under a regime of natural selection, a predisposition to suffering and discontent is genetically adaptive. So we wouldn’t really be healthy, just not sick. Our genomes need fixing. Hence the need for a biohappiness revolution – a civilised information-signalling system underpinned by gradients of intelligent bliss. Superlongevity? Only revolutionary medical breakthroughs can abolish death and aging. We don’t yet have the knowledge. Organs and bodies can be replaced, repaired and/or enhanced indefinitely with recognisable extensions of existing technologies; but the central nervous system is more challenging to re-engineer: I’m more pessimistic than some of my transhumanist colleagues about credible time-scales for eternally youthful mind-brains. Therefore we need a twin-track approach: SENS and Calico should work together with Alcor. Universal access to cryonics and cryothanasia could potentially make a transhumanist civilization available to all sentient beings – even the elderly and infirm for whom talk of posthuman paradise is apt to sound personally irrelevant. Hormonally, I’m one of Nature’s pessimists; but I think we are destined for a glorious “triple S” civilisation of superlongevity, superintelligence and superhappiness.
IM: How does transhumanism address issues of racism and injustice?
DP: The Transhumanist Declaration (1998, 2009) affirms our commitment to the well-being of all sentience.
This goal sounds impossibly utopian. Consider just one form of injustice, economic inequality. Traditional routes to a fairer world involve “winners” and “losers”. Zero-sum games are endemic to human society. Worse, the enforcement mechanisms of greater fairness often turn out to be as bad - or worse - than the injustices they attempt to remedy. Consider the fate of socialist experiments of twentieth-century history.
Transhuman society will be different. Information-based technology promises to erase traditional left-right distinctions by creating effectively unlimited abundance of anything that can be digitised – and that embraces almost everything. (Some transhumanists claim that everything can be digitised, but let’s postpone discussion of whether conscious minds are a classical phenomenon.) Digital information is egalitarian. Intellectual-property owners may blanch, but we can now take for granted that everyone can enjoy access to the world’s musical resources, electronic games, movies and computer software. This unfolding revolution will continue into an era of augmented reality and immersive VR. Most importantly, access to genetic information and mastery of our reward circuitry will soon be democratised. Code for the biological substrates of subjective well-being doesn’t need to be rationed any more than the source code of digital music needs to be rationed. We could all become hedonic trillionaires. Many of the world’s worst inequalities aren’t economic or socio-political, but biological-genetic: disparities of mood, motivation and hedonic range. Just consider who is better off: a rich, angst-ridden depressive or a poor, healthy hyperthymic? Transhumanism promises a civilisation based entirely on gradients of intelligent bliss. Potentially, everyone can be a hedonic “winner”.
Yet what about tackling injustice now?
In my view, universal basic income (UBI), decent housing and free healthcare shouldn’t be a political left-right issue, but a precondition of civilised society. Thus broadly libertarian transhumanists such as Zoltan Istvan support UBI no less than transhumanists in the left-liberal tradition. My own gut instincts have always favoured the underdog. But the neocortex is a more effective tool of cognition than the enteric nervous system. Rich and poor, black and white, human and nonhuman animals – we are all victims of our legacy wetware. Everyone will benefit when our Darwinian source code is fixed. Any prospective parent who believes that creating new life is ethically permissible should consider preimplantation genetic screening, counselling and (soon-to-be) professional gene-editing.
Defeating racism? This really demands a treatise, but here goes. From antiquity to the present, dominant groups have convinced themselves they are intellectually, morally and spiritually superior to stigmatised outsiders – and touted “objective” measures to prove it. The evolutionary roots of racial discrimination, bigotry and xenophobia run deep. Everything from cultural stereotypes to the institutional racism in our criminal justice systems and even transgenerational epigenetic inheritance (i.e. transmission of epigenetic information through the germline) mean that the effects of systemic racism will take generations to overcome. Our posthuman successors may find the differences between human ethnic groups akin to the differences that humans discern between different dogs or mice or beetles. Yes, there are differences between different breeds of dog and mouse – and beetle! But humans can recognise that these differences are trivial compared to what all dogs, mice and beetles have in common. Likewise posthuman superintelligence vis-à-vis archaic humans. Education harnessed to intelligence-amplification can help overcome racist prejudice and other cognitive deficits of perspective-taking ability. But creating empathetic superintelligence will be a monumental challenge.
IM: How can transhumanism positively affect policies that affect all sentient life?
DP: A “triple S” civilisation of superintelligence, superlongevity and superhappiness can benefit all sentient beings.
Everyone could benefit from “narrow” superintelligence on a neurochip; Neuralink is just a foretaste of tomorrow’s implantable brain-machine interfaces. Some doomsters fear a zombie coup from runaway software-based AGI; but all the benefits of “narrow” AGI can be incorporated within one’s own CNS. So transhumans will be supersapient and supersentient. Full-spectrum superintelligence will be us, not some fanciful zombie overlord. Transhumanism also offers a richer conception of intelligence than the narrow, “autistic” component of general intelligence measured by simple-minded IQ tests: enhanced social cognition, superior co-operative problem-solving skills, an expanding circle of compassion, and the tools to explore alien state-spaces of consciousness.
Yet who will live long enough to enjoy triple-S civilisation? Unless you’re a hydra, you and your loved ones suffer from the lethal hereditary disease we call “aging”. Rejuvenating interventions such as regular therapeutic blood exchange can potentially turn back the biological clock. “Cyborgisation” and synthetic body parts will increasingly enhance, repair and replace biological organs. But full-blown body-replacement is still decades away. Therefore we need not just medico-genetic advances, but also a medico-legal revolution: opt-out cryonics and opt-in cryothanasia for life-loving oldsters. At its best, transhumanism is all-inclusive.
Critically, the biohappiness revolution won’t be race- or species-specific. Transhumanists aspire to transcend ethnocentric and anthropocentric bias. Everyone can potentially benefit from genetically programmed well-being – a civilised signalling system to replace the dismal dial-settings of a Darwinian hedonic treadmill. There is a crying need for the World Health Organization to live up to its obligations as set out in its founding constitution. Good health should be the birthright of all sentient beings – or else they shouldn’t have been conceived in the first place. I’m personally gloomy about timescales for the abolitionist project. Centuries? Millennia? I don’t know. However, a hundred-year blueprint to eradicate suffering is technically feasible. The world’s last experience below hedonic zero will mark a major evolutionary transition in the development of life on Earth.
My own focus is the plight of nonhuman animals – humble minds as sentient and sapient as small children and worthy of equivalent care. Currently, the abuse of nonhumans by humans is systematic. Factory-farming and slaughterhouses are nastier than even the most virulent racism and child abuse. Ideally, moral argument alone would suffice: I’d implore everyone to adopt a cruelty-free vegan lifestyle. But transhumanists are hard-headed. We tend to favour technical solutions to ethical problems. Cultured meat and cultured animal products once belonged to science fiction. Yet over the next few decades, the cultured meat revolution will end the horrors of animal agriculture. The death factories will close. The surviving victims will be rehabilitated. Zoonotic plagues like COVID-19 spawned by animal abuse like will pass into history. And looking further ahead, what Darwin’s grandfather Erasmus called “the great slaughterhouse of Nature” can be civilised too. The biohappiness revolution can be extended to the rest of the living world via genome editing, cross-species fertility-regulation and synthetic gene drives. The entire tree of life is programmable. For sure, pilot studies in self-contained mini-biospheres will be prudent. But post-Darwinian ecosystems won’t resemble today’s snuff movie. Post-Darwinian ecosystems will be engines of bliss.
IM: What approach would you recommend for someone that intends to recalibrate their hedonic set-point and live "better than well" in a sustainable way in the current technological paradigm, before the democratization of gene-editing arrives, assuming that all the typical healthy habits (sleep, nutrition, exercise, meaningful social interactions) have been already maxed out?
DP: Most people today have not “maxed out” their genetic potential. Optimising sleep, nutrition and exercise is more often preached than practised. Yet what about depressive people who done everything right and still aren’t happy? Maybe they have also tried nutritional supplements (omega-3 fatty acids, S-Adenosyl-L-Methionine (SAMe), St John’s wort, etc) and worked their way through the officially sanctioned mood-brighteners – “antidepressants” such as the SRRIs, MAOIs, tricyclics, bupropion and so forth. Meditation, cognitive-behavioural therapy and other non-biological interventions hasn’t produced lasting relief. Nothing works. The set-point of their hedonic treadmill is too simply low.
It’s tragic. I’ve no easy answers to the hardest cases. One of the biggest challenges to pharmacological (as distinct from genetic) remediation and enhancement is that the neurotransmitter system most directly involved in hedonic tone is the opioid system. We are all born dysfunctional opioid addicts with cravings to fix. Alas, exogenous opioids have well-known pitfalls for users, their families and society at large. That said, there is still scope for creative psychopharmacology. For example, the “French” antidepressant tianeptine - a full mu and delta opioid receptor agonist – can be combined with a selective kappa opioid receptor antagonist. (Kappa agonists induce dysphoria.) Also, perhaps add the novel agent LIH383. LIH383 blocks the atypical “scavenger” opioid receptor ACKR3. Blockade of ACKR3 increases the availability of opioid peptides that can bind to classical CNS opioid receptors, thereby increasing their “natural” mood-brightening action. The negative-feedback mechanisms of the hedonic treadmill can be sabotaged. However, this kind of cocktail of creative psychopharmacology is best explored with the aid of a medical specialist. If all else fails, the modern equivalent of “wireheading” would work. Intracranial self-stimulation is not the transhumanist vision of paradise engineering: superintelligent life based on information-sensitive gradients of bliss. Wireheading is clearly a last resort. But no one should be forced to suffer: it’s unethical.Fortunately, future sentience will be blissful.
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NetEnt Slots Not On GamStop

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Long-line game developer Net Entertainment has seen many different stages in the industry during its existence. This has solidified its experience and brought it a strong foothold as a distributor of casino games. NetEnt is a leading casino gaming provider today. Its name on the game website's list of Game providers is most likely a guarantee of quality and entertainment.
In addition to developing high-quality games and software, NetEnt focuses on its business as well as providing support services to casino operators. Operators may need help in expanding into new markets, in creative processes, or training, for example, their staff. In all this, NetEnt can help its customers.
And, of course, it will not forget today the very important role of responsible gaming and licensing that has arisen in terms of reliability. When playing NetEnt games not on GamStop, the player can be sure that they have been tested multiple times by trusted and neutral parties.
In addition, eCogra also conducts inspections of the company's offices. This will ensure that the fairness and randomness of the games are maintained. In addition, it is possible to set bet limits on this game developer's games, and each one also displays a clock for monitoring game time – and these are just some examples of the responsibility of its games.
Responsibility and professionalism are, of course, NetEnt's trump cards, but it still has one ace up its sleeve – perhaps above the rest! This is, of course, the ability to develop the most fun games for a wide variety of players. This allows it to serve numerous casino operators, of which it actually has all the biggest and best under its belt.

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Net Entertainment - Basic Information
NetEnt was founded in 1996 in Sweden. To this day it has activities in both Stockholm and Gothenburg, but it has also spread across Europe, including Malta and Kiev, Ukraine. While it might seem that this company, which is listed on the Stockholm Stock Exchange, has already achieved everything possible, it definitely continues to grow further and amaze us with their new products.
NetEnt has been one of the pioneers of the industry since the very first minute. Its quality and ability to regenerate is trusted year after year and it really proves itself worthy of this recognition. As a listed company, it is obliged to report its results to its stakeholders, and those results are year after year reaching the satisfaction of the public. Keeping market share and even growing in such a competitive market is a real success – and that's what NetEnt is all about!
NetEnt offers its customers multi-channel game solutions for different platforms. The gems of its offering are definitely the legendary slot games such as Starburst and Gonzo’s Quest, but there are also table games and live casino games in its selection.

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NetEnt's slot games have rightly earned a reputation as one of the industry's most spectacular creations, as both their graphics and gameplay are unparalleled. One of the things that players love is, of course, the excellent return rates for games, which can increase from 95% to 98%. This will of course benefit both players and casino operators, who get players to their site in the longer term.

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So, what are the most popular netent slots you can play at casinos not in gamstop program? Let's take a look.
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Non Gamstop Starburst slot, already mentioned, has long served as one of NetEnt's flagship stores. This five-reel slot game, released in 2013, takes the player on outer space adventures. In addition to the ten pay lines, there are re-spins and special wild symbols, which in turn can help the space traveller to win. This game is already a legend, so even to a non-connoisseur, Starburst is probably already familiar to.
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Another more familiar NetEnt slot not signed up with GamStop is Gonzo's Quest, in which you get to join a conquistador named Gonzo on exciting adventures. This guy also presents the player with falling symbols that can be seen in a 3×5-sized game screen. This particular slot creation took NetEnt high on the ladder once again!
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Aloha! Cluster Pays slot is NetEnt’s classic that has been popular for quite some time thanks to its creative theme and design and its special in-game features. With the max winning potential of €200,000, it’s no wonder this slot is highly loved among the players. There are no regular pay lines in this slot, but the wins come in the clusters on at least nine symbols. Cluster Pays mechanics is also the feature of The Legend of Shangri-La slot not on GamStop.
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NetEnt has also released games in series. One of the most familiar of these is certainly the Fairytale Legends Slots Series, where you can find the adventures of Red Riding Hood and Hansel and Gretel in the form of a slot game not on GamStop. Fairytale Legends: Red Riding Hood not on GamStop was released in 2016 and allows the player to bet on 20 pay lines. In addition, you can include some of the most excellent special activities, from free tours to bonus games. Fairytale Legends: Hansel and Gretel not on GamStop also offer the same style, but the number of pay lines in this game released in 2017 is half the number of pay lines in the previous game in the series.
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NetEnt's portfolio also includes jackpot games, which always attract interest from casino players. These games can bring players up to seven figures wins! The most popular jackpot games in the NetEnt game house are Mega Fortune, Arabian Nights, and Mega Fortune Dreams.
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Mega Fortune slot is a familiar sight in online casinos not on GamStop and many casino players have spent their time with it. If the lucky one happens to be on the road, you can win up to several million from this game. This is evidenced, among other things, by the unimaginable pot won by a lucky player, 17.8 million! This jackpot game, released in 2009, has established itself as one of the most popular games in online casinos.
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Arabian Nights is already a classic jackpot slot not on GamStop, famous for its Arabic theme and, of course, for its huge million-dollar profits. This game has been released as early as 2005, but its popularity shows no signs of waning.
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Mega Fortune Dreams is an even improved version of the popular Mega Fortune game that was released in 2017. The game has improved the appearance, functionality, and the number of internal profits, among other things! The best part of the game is also its return percentage of 96.4%, which is exceptionally high for a jackpot game that can win you up to millions.

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As already mentioned there are also live and table games available on NetEnt in addition to slot games. This game developer's live casino games offer the player HD-level video and a wide range of games. At least baccarat, blackjack, and roulette are included, which can be played just whenever and wherever you are. Skilled dealers make sure the games go as smoothly as possible.

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Of course, this game developer offers a wide range of classic table games. There are various variants of roulette, blackjack, Punto Banco, and Caribbean Stud Poker. Blackjack is one of the table games that offer the most variants and there are many versions of it in NetEnt's game selections as well.

NetEnt Mobile Gaming

NetEnt is a pioneer in game development and this is also true for mobile games. The first mobile game this game house launched was in 2011. NetEnt has created its own touch mobile platform, which makes the gaming experience first class even when playing on mobile. Mobile games use HTML5 code, so games work on all operating systems.

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NetEnt can be well known as a giant in the iGaming industry. It has grown in size and knowledge since the 1990s and has published successful games and software with noticeable high-quality. It has received recognition from many rewarding players in the field and has earned the confidence of players, so its future can be assumed to be the brightest.
As for the games, NetEnt has managed to surprise its audience numerous times. Although virtual slots and live casino are certainly fascinating novelties, the latest slot games are always expected. This game developer can create innovative games that today mobile players can enjoy on their phones smoothly.
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