Saturday, December 8, 2012

Florida voters won't decide fate of big casinos | StAugustine.com

TALLAHASSEE (AP) ? Florida's gambling future, including the fate of its horse and dog tracks, Internet cafes and tribal-run casinos, appears likely to be decided by the Republican-controlled Legislature.

After spending nearly $1 million on an effort to let voters decide what kind of gambling to allow, a major casino developer has decided to work with legislators over the next two years.

Companies affiliated with Genting, the Malaysian gambling powerhouse, had poured money this year into a political committee that hired consultants, lawyers and a company known for collecting voter signatures for constitutional amendments.

But Genting executives this week met with legislative leaders to tell them they would not move forward on the amendment to allow casino gambling.

Instead they want to see what emerges from a promised comprehensive look at gambling to be launched by GOP leaders.

"Hopefully something will come from that that makes sense," said Brian Ballard, a Tallahassee lobbyist who represents a Genting subsidiary. "We want to work with them. We want it to be a collaborative process."

Genting has already spent nearly a half-billion dollars to acquire real estate in downtown Miami for a proposed mega resort. But efforts to get state legislators to approve a bill to allow major casinos in South Florida have failed during the past two years.

This past year there was a push for legislation that would have granted casino licenses to developers who pledged to spend at least $2 billion on a resort. It was one of the most heavily lobbied bills of the 2012 session and drew opposition from such heavyweights as the Florida Chamber of Commerce and Disney.

After the last legislative defeat, Genting began considering whether to ask voters to approve casino gambling.

Florida voters three times in the past have rejected constitutional amendments to allow casino gambling. But voters approved a measure in 2004 to give South Florida counties the ability to decide whether to add slot machines to existing dog and horse tracks.

Since that vote, gambling has expanded in the state. Voters in both Miami-Dade and Broward counties voted in favor of adding slots to local tracks and the state reached deals that have allowed casinos owned by the Seminole Tribe of Florida to expand.

New Senate President Don Gaetz, R-Niceville, has established a stand-alone legislative committee to look at gambling issues over the next two years.

Sen. Garrett Richter, R-Naples and chairman of the new committee, said he plans to hire a firm to do an extensive study of gambling in the state and the potential impact of any changes.

Richter said his goal is to come up with something that will "minimize any regrets" with whatever lawmakers decide. Richter also said it is likely the committee will hold hearings on gambling in several locations around the state.

Source: http://staugustine.com/news/local-news/2012-12-07/florida-voters-wont-decide-fate-big-casinos

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Video: Mike Lee shares his story

Dateline NBC

'Dateline NBC,' the signature broadcast for NBC News in primetime, premiered in 1992. Since then, it has been pioneering a new approach to primetime news programming. The multi-night franchise, supplemented by frequent specials, allows NBC to consistently and comprehensively present the highest-quality reporting, investigative features, breaking news coverage and newsmaker profiles.

Source: http://www.msnbc.msn.com/id/3032600/vp/50078679#50078679

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Friday, December 7, 2012

What happens to the Web now that smartphones and ... - Tech Trends

What happens to the Web now that smartphones and tablets run the show?

Everyone knows smartphones and tablets are hot, but guess what? By some reckonings, they've eroded almost two thirds of the Wintel empire.

The Web as we know it may have been born, conceived and improved on computers, but as it turns out, those keyboarded beasts no longer have much of a claim to it. According to a a recent report by analyst Mary Meeker, mobile devices running iOS and Android now account for 45 percent of browsing, compared to just 35 percent for Windows machines.

Mary Meeker 2012 Internet Trends (platform share)

Windows hasn?t dipped so low since about 1985. What?s more, Android and iOS have essentially achieved their share in just five years, and by all reckonings are still in the early stages of their growth.

What?s the message? Mobile is huge, it?s going to get tremendously larger, and will soon become the primary way most people experience the Internet. How did this shift happen, and what does it mean now that more people are accessing the Web through tablets and smartphones than laptops and desktops?

Mobile Internet is becoming the Internet

Smartphones and tablets are obviously the hottest technology products right now, but figures about how significant they have become are daunting. Meeker forecasts the worldwide number of smartphone and tablet users should overtake the worldwide number of PC users next year. That means around the world, more people?s experience of ?computing? and Internet technology will come from mobile devices than via traditional desktop or notebook PCs. If forecasts bear out, this shift will not only continue, but accelerate. Based on data from Morgan Stanley and a few assumptions about device lifetime, Meeker estimates roughly 2.9 billion people around the world will be using smartphones and tablets by 2015.

Meeker?s forecast for accelerating adoption seems to be bearing some fruit. Back in May, she found that about 10 percent of global Web traffic came from mobile devices. In this new update, the level has jumped to 13 percent ? and that?s just over a period of a few months. Meeker also notes a Nielsen report that found amongst children aged 6 to 12, 43 percent want an iPad and 36 percent want an iPad mini. (The only non-Apple product desired by more in that age group was the Nintendo Wii U; some 29 percent indicated they wanted a tablet ?other than an iPad.?) In other words, at least in the United States, children?s formative experiences with technology are increasingly smartphones and tablets, not computers.

Mary Meeker 2012 Internet Trends (global internet traffic mobile)

It is worth noting that those global figures gloss over a lot of regional variation ? and those differences can be significant. For instance, in the United States about 78 percent of the population has access to the Internet, putting the U.S. way out in front of most other nations. However, while only about 11 percent of India?s population has access to the Internet, mobile Internet traffic has already eclipsed Internet traffic generated by traditional computers in India. And where in the United States roughly half mobile users are on smartphones, in India that figure is just four percent. In other words, emerging economies like India, China, Brazil, and Indonesia are leading shift towards a mobile-centric Internet.

Mary Meeker 2012 Internet Trends (India PC vs Mobile Internet traffic)

How will the Internet change?

Is it really a big deal if most people?s experience of the Internet and the Web shifts to mobile devices? After all, isn?t much of the promise of the the Internet rooted in being able to access it from anywhere ? from any device?

Well, yes. However, Meeker is essentially arguing that the technology industry?s rapid shift towards mobile represents a fundamental shift in the way most of humanity will consider the Internet. Mobile technologies and applications will quickly trump what until now have been mainstream Internet experiences. Mobile versions of innovative technologies ? like Siri ? are already becoming premiere products and experiences, rather than also-rans and follow-alongs.

What will that mean for the mainstream Internet?

Sites will look more like apps

As mobile devices take over, the use of today?s desktop browsers like Internet Explorer, Chrome, Firefox, and Safari will decline. To be sure, mobile browsers are already very capable and will increasingly adopt HTML5 and leading-edge Web technologies. But, fundamentally, mobile devices will nearly always have less screen real estate than traditional desktops, and mobile users will not have the fine control of a mouse and keyboard. That means for sites to be successful on a mobile-centric Internet, they?re going to need to function more like mobile apps and less like collections of links.

Apps may rule

Right now, native apps for smartphones and tablets almost always trump websites designed for mobile devices because they can tap into devices? native capabilities for a more responsive and seamless experience. (A colleague recently compared the experience of using a HTML5 Web app on a mobile device to using a Java app on a PC: It usually works, but it?s awkward at best.) This may not always be true ? most experts agree HTML5 is eventually the way of the future. But it doesn?t look like the HTML5 future is going to arrive before smartphones and tablets eclipse traditional PCs. If HTML5 lags more than a year or so behind mobile devices emerging as the mainstream way of accessing the Internet, traditional websites will be second-class citizens, as Internet developers focus first and primarily on mobile experiences. This is already the status quo in social gaming: Think about where hits like Angry Birds and Words with Friends launched. Some services won?t be available at all to traditional PCs ? they won?t be worth developers? time.

Know thy user

Presenting less information at once means Web sites and publishers will no longer be able to take a shotgun approach: throwing everything new at visitors and hoping something sticks. Smaller screens and lower information density means sites will tap into user preferences and profiles to customize the information they present. Increasingly, the Internet will become unusable unless sites believe they know who you are. Some services will handle these tasks themselves, but the most likely contenders for supplying digital identity credentials are Facebook, Google, Amazon, Apple, Twitter, and mobile carriers.

Sharing by default

Facebook?s Mark Zuckerberg once opined that privacy is not a ?social norm.? In a mobile-focused Internet, that might be better expressed as ?sharing is the social norm.? One consequence of the mobile Internet is that very few people are anonymous: Virtually every mobile device can be definitively associated with a single person (or small group of people). Defaults to share information and experiences with social circles and followers will be increasingly common, along with increasing reliance on disclosure of personal information (like location, status, and activities, and social connections) to drive key functionality. As the Internet re-orients around mobile, opting out of sharing will increasingly mean opting out of the Internet.

Emphasis on destination, not navigation?

Smaller screens, touch interfaces, and app-like designs also mean that the traditional understanding of the Web as an impossibly vast collection of interlinked sites and documents will start to break down. Web browsers were designed to enable users to jump quickly around the world from site to site and page to page; however, the mobile Internet experience wants to be more of a seamless application experience, not hopping around the Internet willy-nilly.

URLs are not going to die: People will still send links to their friends and Web search will remain most users primary means of finding information online. But Internet-based sites and services will increasingly function as silos of content and functionality reluctant to link out to other sites or drive traffic (and potential advertising revenue) elsewhere. These have long been factors in many sites? designs (including Digital Trends), but mobile devices amplify these considerations by making traditional Web navigation awkward and difficult.

Shedding weight

Ethiopia Internet Cafe

Meeker?s presentation makes the case that the increasing ubiquity of mobile technology ? and the panoply of devices and services it can replace ? represents a shift towards an ?asset-light? rather than an ?asset-heavy? lifestyle. As people rely on mobile, cloud, and broadband services, the necessity to do things like commute, store large volumes of records or media, or patronize physical businesses will decline. The need to own a vehicle, for instance, declines with access to mobile computing and telecommuting. Maybe you can get by with no car or pick one up from time to time through ZipCar. Businesses won?t need to save years of invoices, statements, and paperwork in file boxes and storage facilities ? cloud storage can come their rescue. Banks will become purely virtual institutions consumers deal with online via their phones. Distance learning and collaborative tools will let students take their coursework with them anywhere ? and eliminate the need to worry about reselling enormous textbooks.

Going mobile

The future isn?t written in stone. Although Mary Meeker presents a compelling case for mobile rapidly become the dominant experience in personal computing and technology, forecasting the future is a notoriously tricky business. The world economy could take another punch to the gut; Microsoft might be right about Windows 8 and start a second PC revolution; Facebook might push sharing one step too far. Heck, five people in a garage somewhere might have just soldered together the components that?ll turn the entire personal technology industry on its head. We just don?t know. Meeker herself points out that consumers? unsteady financial footing and significant debt levels cast doubt on technological innovation. After all, it doesn?t matter how cool the toys are if nobody can afford them.

But the trend seems clear: For the vast majority of consumers worldwide, the primary computing and online experience will be on mobile devices. That means nearly every service, business, and (really) person who wants to use the Internet will be thinking mobile first and PC second, if they think about PCs at all.

Mary Meeker?s 2012 Internet Trends report slides:

Source: http://tech.mediapremium.info/various/what-happens-to-the-web-now-that-smartphones-and-tablets-run-the-show/

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Italy's Berlusconi puts pressure on new PM Monti

Supporters of former Italian premier Silvio Berlusconi expose a banner reading "Silvio Italy trusts you" in front of Palazzo Grazioli, the residence of Berlusconi, in Rome, Thurdsday, Dec. 6, 2012. The 76-year-old Berlusconi has been hinting at a comeback, after earlier saying he would leave the party to a younger candidate. Berlusconi claims allies are pressing him to return, hoping that Monti's painful austerity measures will win votes for the center-right. Lawmakers belonging to Silvio Berlusconi's center-right party abstained Thursday from a confidence vote in the government of Premier Mario Monti, raising questions over its future and the progress of its economic reform program. (AP Photo/Alberto Pellaschiar)

Supporters of former Italian premier Silvio Berlusconi expose a banner reading "Silvio Italy trusts you" in front of Palazzo Grazioli, the residence of Berlusconi, in Rome, Thurdsday, Dec. 6, 2012. The 76-year-old Berlusconi has been hinting at a comeback, after earlier saying he would leave the party to a younger candidate. Berlusconi claims allies are pressing him to return, hoping that Monti's painful austerity measures will win votes for the center-right. Lawmakers belonging to Silvio Berlusconi's center-right party abstained Thursday from a confidence vote in the government of Premier Mario Monti, raising questions over its future and the progress of its economic reform program. (AP Photo/Alberto Pellaschiar)

Italian Premier Mario Monti gestures during a press conference at the end of a cabinet meeting at Chigi Palace government's office in Rome, Thursday, Dec. 6, 2012. Concerns over the stability of the Italian government grew on Thursday after Silvio Berlusconi's party withdrew its support, threatening to bring a premature end to Premier Mario Monti's ambitious reforms program. Berlusconi's center-right PDL party abstained from a confidence vote in the Senate on Thursday. Though Monti's government of unelected technocrats won the vote by 127 to 17, investors fear the move heralds a period of political uncertainty in the run-up to planned elections next year. (AP Photo/Riccardo De Luca)

Italian Premier Mario Monti listens to a question during a press conference at the end of a cabinet meeting at Chigi Palace government's office in Rome, Thursday, Dec. 6, 2012. Concerns over the stability of the Italian government grew on Thursday after Silvio Berlusconi's party withdrew its support, threatening to bring a premature end to Premier Mario Monti's ambitious reforms program. Berlusconi's center-right PDL party abstained from a confidence vote in the Senate on Thursday. Though Monti's government of unelected technocrats won the vote by 127 to 17, investors fear the move heralds a period of political uncertainty in the run-up to planned elections next year. (AP Photo/Riccardo De Luca)

Italian Premier Mario Monti listens to a question during a press conference at the end of a cabinet meeting at Chigi Palace government's office in Rome, Thursday, Dec. 6, 2012. Concerns over the stability of the Italian government grew on Thursday after Silvio Berlusconi's party withdrew its support, threatening to bring a premature end to Premier Mario Monti's ambitious reforms program. Berlusconi's center-right PDL party abstained from a confidence vote in the Senate on Thursday. Though Monti's government of unelected technocrats won the vote by 127 to 17, investors fear the move heralds a period of political uncertainty in the run-up to planned elections next year. (AP Photo/Riccardo De Luca)

(AP) ? Although Italy's Silvio Berlusconi resigned in disgrace a year ago, has since been convicted of tax fraud and now faces plunging poll numbers, the media baron is showing he still has the power to put pressure on his successor, Premier Mario Monti.

With Europe still deep in its debt crisis, it doesn't take much to make the markets nervous. That's what happened Thursday when the 76-year-old Berlusconi withdrew his party's support for Monti's government, threatening a premature end to its ambitious reform program.

Economists for Unicredit, Italy's largest bank, say the decision was "significant and tends to confirm that the next few months will be bumpy" for Monti, with the possibility now looming of an early election before the expected date in March.

"The fact that the electoral campaign moves into top gear certainly increases the political uncertainty," said Chiara Corsa and Loredana Federico in their analysis.

The Italian economy, the third-largest of the 17 European Union countries that use the euro, is in recession as the government enacts tough measures to get a handle on its debts. Italy has the second-highest debt level as a percentage of its GDP in the eurozone ? at 126 percent. Only Greece's debt is higher with 150 percent.

Monti's government of unelected technocrats won both confidence votes by a wide margin Thursday, but the vote signaled dangers ahead for the technocratic premier.

With opinion polls showing that the main center-left party, which supports Monti, in line to win an election, the conservative Berlusconi appears to be distancing himself to capitalize on discontent?over new taxes and rising unemployment.? He has complained that Monti's policies have put Italy into a "spiral of recession."?

Berlusconi, three times premier, has hinted that he will run again. He claims his allies are pressing him to seek election again, hoping that Monti's painful austerity measures will win votes for the center-right.

Still polls say Berlusconi's party would drop to less than 15 percent of the next vote.

"He can't see himself leaving the stage," said Giovanni Orsina, a political science professor at Rome's LUISS university and author of "The Right After Berlusconi."

?"He actually believes he is the best, that he can't be substituted," said Orsina.

But Orsina and others say Berlusconi's?legal woes also play a role.

The government has drafted legislation making candidates who have been convicted of crimes ineligible to run for office.

?Berlusconi is now appealing an October conviction for tax fraud for which he received a sentence of four years in prison. He is also standing trial on charges of having sex with an underage woman and using his office to cover it up with a verdict expected early next year. He has denied the charges.???

Berlusconi's top political aide and designated political heir, Angelino Alfano, insists the media mogul's party had no intention of sparking a crisis that could bring down the government.

"We didn't vote 'no' on the confidence votes," Alfano said Friday, explaining the party's abstention. He had earlier described the abstentions as a "clear signal" that Berlusconi's center-right forces "don't like the way the economy is going."

What he didn't acknowledge was that for the first time Berlusconi suffered several defections from faithful allies, such as former Foreign Minister Franco Frattini.?

Alfano met Friday with President Giorgio Napolitano on Friday to lay out his party's concerns.

The Monti government has several major legislative targets before his term ends, including passage of the budget, a law requiring a balanced budget and the abolition of a number of provinces to cut costs.

Monti's own political future is uncertain. He has sent our signals he would be available for another stint in the event no coalition succeeds in putting together a majority. He has also been mentioned as a possible successor to Napolitano, although the position of president is largely ceremonial.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-12-07-Italy-Berlusconi/id-6e141ca90c4c4cc9b5a7ec454ea2f68c

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S&P: Asia Pacific REITs to Face Slow Tenant Demand ? Real Estate ...

Standard & Poor?s credit analyst Craig Parker said in a report released Thursday that Asia-Pacific real estate investment trusts (REITs) will wrestle slow tenant demand due to a dismal business and consumer confidence from the expected slowdown in the economies in the coming months.

According to Parker, major real estate markets of Australia, Hong Kong, Singapore, Taiwan and japan will experience economic problems that will keep rental growth in the short term. However, Asia-Pacific REITs will maintain their credit quality because of their established reputations.

Parker adds that these countries have kept a good leasing maturity profile and diverse tenant base which helps reduce the effects of cyclical volatility. Also, since they have well-established foundations, their property portfolios continue to attract tenants.

Majority of the rated REITs by S&P cover the region?s major real estate markets and have investment-grade ratings and a stable outlook.

Photo Credits: matsuyuki via Flickr Creative Commons

Tokyo Apartments For Sale | Tokyo Apartments For Rent | Real Estate Japan

Source: http://www.realestate.co.jp/2012/12/07/sp-asia-pacific-reits-to-face-slow-tenant-demand/

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ULC buys 100 units in Lakewood - Inside Real Estate News

An aerial view of the affordable housing project purchased by the Urban Land Conservancy in Lakewood.

The Urban Land Conservancy paid $7 million for a 100-unit, two-building rental property in Lakewood near the Wadsworth Light Rail Station on the West Corridor of FasTracks to preserve workforce housing near public transportation.

This marks ULC?s largest purchase to date and its first outside of Denver.

ULC is partnering with Rocky Mountain Communities and Colorado Resources & Housing Development Corporation in the management and eventual transfer of property ownership. This purchase is the first step in making a case for a regional transit-oriented development fund that will preserve affordable housing and other community assets at transit sites.

?It is critical to preserve quality workforce housing at transit sites during the build out of FasTracks, providing residents with access to transit, increased opportunity for jobs and additional income for an improved quality of life,? said Aaron Miripol, President and CEO of ULC. ?ULC is proud to partner with Citywide Banks, the State Division of Housing and two regional housing nonprofits who share our vision of providing these opportunities for the long term.?

The Villas at Wadsworth Station was purchased with support from a Citywide Banks $5.6 million loan and the Colorado Division of Housing, which is providing a $1.3 million, low-interest loan from the Colorado Housing Investment Fund.

This loan is the first made from the $13.2 million CHIF, funded through the $51.17?million mortgage servicing / foreclosure processing settlement recovered by the Colorado Attorney General earlier this year.

?As a locally owned bank, Citywide Banks is proud to support Urban Land Conservancy?s ongoing efforts to preserve real estate in our community,? said Chris Cerveny, Sr. Vice President of Citywide Banks.

Located at 1330 -1337 Yukon Street, The Villas include two apartment buildings and a community facility built in 1971. The property was purchased from G&S Investors LaSalle, LLC by ULC. The property has one and two-bedroom apartments. RMC will manage the property and partner with CRHDC to secure financing to purchase the property from ULC in 2014-2015.

Lakewood Ward 2 Council Members Cindy Baroway and Scott Koop represent the community where The Villas is located and are pleased that the ULC purchase ensures that residents can remain in their apartments without significant disruption.

?The arrival of light rail next to The Villas is a huge benefit to our residents,? said Council Member Baroway. ?I am especially pleased that ULC is partnering with Rocky Mountain Communities to maintain an important asset for Lakewood.?

Interested in buying a home in Lakewood? Check out what is available at COhomefinder.com.

Have a story idea or real estate tip? Contact John Rebchook at JRCHOOK@gmail.com. InsideRealEstateNews.com is sponsored by Universal Lending, Land Title Guarantee and 8z Real Estate. To read more articles by John Rebchook, subscribe to the Colorado Real Estate Journal.

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Source: http://insiderealestatenews.com/2012/12/ulc-buys-100-units-in-lakewood/

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Sunday, October 14, 2012

The facets of currency trading - Steps to set up a demo account ...

Forex is considered as the largest asset that is traded in the world. Although anyone can trade the forex market now, previously, only the big banks and the large financial institutions with huge capital assets had access to it. It is a very popular trading option where both the risks and the rewards are very high. There are many forex traders who know the tricks of making huge profits without risking a single penny. The demo currency trading accounts are many kinds and they operate in many ways. Although they operate like live funded trading accounts, they carry fake balance. Whether you?re an individual or a bank or hedge fund company, you have to make sure that you create your demo account. Here are some steps to follow.
  • Identify a trustworthy broker: Your first task would be to identify a broker who provides such demo account services. Normally, a trader should always choose a broker who offers you with features that you would actually love to use while funding your real account. Although most brokers offer demo currency trading accounts, you should always choose the one that has your best interests in mind.
  • Click on ?free demo account?: When you work with your online broker, your next job is to click on the link that says ?open a demo trading account? or a ?free practice account?. The other information must be given within the website of the broker.
  • Fill out the sign-up form: Fill out the form that is given in the demo account registration page. Make sure you give them the right e-mail id that you?re using so that they can mail you the status of your demo account registration. Also provide them with your contact number so that they may find it convenient to call you and give you all the login details.
  • Wait for the information: Within this time, you need to wait for the information to arrive at your mailbox. You may also get a call where the agent will tell you details of the ways in which you can log in to your demo trading account.
  • Log in to the page: After you get the details of the username and password, you should log in to the page and create your demo account. Start trading the online currencies through this account.

So, if you?re new into the forex market and you want to know the details on how to create a demo account, consider following the steps mentioned above.

Source: http://personalfinanceworld-neil.blogspot.com/2012/10/the-facets-of-currency-trading-steps-to.html

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