Chinese Lottery Gets You A new Vehicle Perhaps

Chinese Lottery Gets You A new Vehicle Perhaps

In a bid to cut back pollution and smog surrounding the heavily polluted city that is chinese of (try stating that three times fast), a new type of lottery is being introduced. But winning this lottery doesn’t yield monetary independence and an extravagant lifestyle; rather it entitles you to obtain a brand new vehicle.

She’s Got a Ticket to Ride

Permits to acquire a car in the city and allowing you to drive will be issued with a lottery, while the officials that are local had to take outlandish measures to reduce the smog and carbon footprint of the city.

Shijiazhuang, the capital of the steel-producing Hebei province which surrounds Beijing, has now become the latest locality from the largest auto market worldwide to introduce this kind of measure. Other Chinese towns which have imposed a limitation on vehicle purchases include Beijing, Guangzhou, Shanghai and Guiyang.

How many new automobiles in Shijiazhuang will be on a 100,000 for the year, and households within the city will be limited to owning ‘just’ two cars each, according to the municipality website.

The authorities carry on to state that the wide range of new vehicles allowed will likely be further paid down to 90,000 in 2015, and those able to buy vehicles will be determined utilizing a lottery format.

Efforts to Lower Emissions

This move comes included in China’s vow to enhance their efforts to lower emissions after public outrage was sparked by the air that Continue Reading



Nevada and New Jersey are exploring gambling compacts; other states may follow

It will be the alliance that is biggest since America and Britain made up: Nevada and New Jersey the first couple of US states to legalize and regulate online gaming could be forming an advertising alliance to create a larger Internet gambling audience.

‘we think it’s likely that in 2014 we’ll see a compact between nj-new jersey and Nevada,’ stated MGM Resorts International CEO Jim Murren, who says his business and others like it are coming together to figure away how everyone could work to produce an online that is joint gambling between the 2 states. At the time of now, just Nevada and New Jersey are actively online or about to use the internet with casino and poker gambling (New Jersey only), so it would certainly broaden the player net until more states come on board.

Expanding the Market

Without New Jersey in the mix, some casino operators feel that the possible online player populace for Nevada is just too tiny.

‘We’ve really been concentrating on Nevada’s ability to compact along with other states, create more liquidity,’ said Murren.

In order to make it happen, all the bodies that are regulatory to spearhead the union besides, as Nevada State Gaming Control Board Chairman A.G. Burnett explained in an interview: ‘Nevada is striving doing just what it can in regards to compacts. We don’t jump in to the fire without having done lots of cautious research and study into the particu Continue Reading