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In all, the state signed agreements with 13 tribes. The U.S. Department of Interior gave final approval to the compacts last week. The Cherokee Nation celebrated Monday by holding a ceremonial roll of the dice at its Hard Rock Casino in Tulsa. "We never really had a clear idea of what the implementation date was going to be until the week of," said Mickey Ward, senior director of corporate gaming for the Cherokee Nation. "So we put a lot of teasers out there to the public that this was coming, getting them excited." Both tribes and lawmakers said that expanding the use of traditional games would keep more gambling money in Oklahoma, rather than having it leave the state for other casino havens like the Gulf Coast and Kansas City. "The biggest thing is that it now allows us to offer the products that they're used to seeing in the traditional commercial gaming market. So dollars that we would normally see leave the state of Oklahoma, they now can stay within the state," Ward said. The Chickasaw Nation launched craps and roulette at its Winstar World Casino and Resort on Friday, and roulette at the Riverwind Casino on Saturday. Other tribes are cashing in on the new law, including the Choctaw Nation, which opened its 10 tables in three casinos last week. Cherokee Nation Entertainment will have seven traditional roulette and five craps tables spread across three of its casinos.
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But if that’s the case, then why did the spread between Italian and French 10-year bonds more than double in May? Italy's bond yield has risen again this week And while the volume of ECB purchases of Italian bonds is big, it’s still much smaller than the volume traded on financial markets. The populists are playing a dangerous game here. The ECB is particularly sensitive to suggestions that QE is anything other than an inflation-targeting tool. Its program was designed to avoid accusations of favoring one country over another. It buys government bonds in proportion to each country's share of the ECB's paid-in capital. Any deviations are meant to be temporary, to minimize disruptions on financial markets.
For the original version including any supplementary images or video, visit https://www.bloomberg.com/view/articles/2018-06-06/italians-play-russian-roulette-with-ecb
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