Piracy is Bad for Gambling

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That is the current case in recent Casino Industry news in Greece. Illegal gambling, physical (traditionally widespread) and digital is increasingly absorbing a significant financial amount of the official Casino business revenues. Perhaps this reminds you of digital piracy in music biz. In numbers, I found a worryingly falling revenue percentage which immediately created job losses in various Casinos around Greece. Job lay - offs, the well known recipe for cost - cutting effects, happens when a sector is getting depressed by external factors like the Greek recession, technological upheaval, unfair competition in the form of black markets. Not only that but if the Greek government passes a new legislation for foreign companies pushing for online gambling games, the already troubled Casino Industry will have to face another economic burden. In total, the "virus" consists of about 250 online betting ''places'', 20.000 AWAPs (electronic machines for entertainment with limited profit), 150.000 computers offering illegal gambling games, plus websites for online gambling from around the world. The government will gain more taxes if they try to regulate the market properly & the Casino industry will save some job losses & regain their lost revenues. The last three years perceived decline in earnings decreased by 50%.

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Interview with Sergali Adilbekov, founder of Swiss Social

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Please introduce yourself to the readers of this blog and update us on your latest ventures. My name is Sergali, I am originally from Kazakhstan, educated in the USA, and now living in Switzerland. My career brought to many different industries such as private equity, agricultural and construction equipment, all vertical chain of oil & gas businesses, and accumulating many social contacts through work and travel I decided to start a few social initiatives that would let me share interesting things among the people that I know and offer them a platform to network with each other at a cardinally new high-quality level. That's when I started my two latest ventures - I'm the Founder & Curator of TEDxLugano conference and the Founder & Owner of Swiss Social networking club. The goal and purpose of Greek Social Network Club and introduction to the wider global organization?  Greek Social is one of the daughter projects of Swiss Social (that became quite viral a
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My new article published in Naftemporiki newspaper

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December 6, 2023: Naftemporiki major business newspaper in Greece, published my new article “ Οι παγίδες της επενδυτικής βαθμίδας “. Welcome to read it and please share with your network: https://www.naftemporiki.gr/afieromata/the-n-society/1544203/oi-pagides-tis-ependytikis-vathmidas/ If you examine the matrix above, Greece still has a long way to go before receiving higher investment grade status from S&P, Moody’s and Fitch. The country needs to move in 2024 from BBB higher up with executing important political & economic reforms that need to take place before further receiving investment upgrades. –Efstathios Kassios www.skassios.com 
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My conversation with an AI Chatbot

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Dear readers, I recently had an interesting short “conversation” with an AI chatbot. Here’s an excerpt from the conversation including a simple graph generated by the AI chatbot itself: -Efstathios Kassios : Can you compare and visualize Human Intelligence to Artificial Intelligence in a simple graph with your current knowledge? -AI Chatbot : Comparing human intelligence with AI intelligence in a graph is a complex task, as intelligence is a multifaceted concept with various dimensions. Nevertheless, here’s a simplified representation that considers certain aspects: In this basic visual representation: -The vertical axis represents the  level of intelligence . -The horizontal axis represents  time . The graph suggests that AI intelligence, depending on the specific task and domain,  may surpass human intelligence  in certain areas over time. However, it’s crucial to note that human intelligence is complex, encompassing emotional, social, and creative aspects that current AI systems oft
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