Monthly Archives: May 2022

History of Online Casino

The revolution in the world of gambling happened awhile ago when first online casinos started to appear on the Internet in 1996-1997. Almost immediately, online casinos attracted a lot of attention from both public and mass media. It was something new, something different, and so tempting to try for everybody who had access to the Internet. In the end online casino gambling proved to be so convenient, so secure and so advantageous entertainment for millions of people that it has become one of the fastest growing sectors of Internet commerce.

These days you will find thousands of online gambling sites on the Internet with more being opened every month. The most visible difference between online and land based casinos is that online players can play their favorite casino games on the computer in the safe and familiar environment of their home. All online casinos provide customers with detailed information on the site, and a quick guide on how to play at the casino. Some online casinos will offer articles on various game strategies, and detailed information about rules of the games, so novice players can feel at ease while getting themselves familiar with the gambling parlor, its rules and policies. At land based casinos beginner players frequently feel intimidated by the noisy and busy environment, numerous service personnel and gate security guards. They often feel confused, intimidated and lost in the vast building space, being unable to enjoy the gaming process and to concentrate on the game itself. Online casinos allow players to practice, to hone their gaming skills and to slowly adapt to the new environment at their own pace. Most online casinos allow you free play tries so you can find out for yourself if this casino is what you are looking for. You can even play for real money without the risk to lose your savings by using no deposit bonuses offered by some online casinos as incentives for new players. pussy888

Another advantage of online casinos may not be so visible, but it is a very important one. The odds of winning a game at online casinos are usually slightly higher, than at land based casinos. Due to lower maintenance costs for online casinos, they have been able to operate with fewer expenses 24 hours a day, without any days-off. According to the Casino Journal Magazine, the average payout for land based casinos is around 89%, which means that out of every dollar wagered at the casino, 89 cents are paid out to winning customers. At the same time, it is not rare to see payouts reaching 96-98% for online casinos, which means more payouts to playing customers!

Another feature which makes online casinos so attractive is promotional bonuses and no deposit credits available at many of them. Using these incentives wisely, you can play games and have fun with the casino money thus saving some of your own.

Be aware that besides reputable casinos with good service record there are a few online gambling parlors which have stained their reputation by dishonest practices, bad customer service, and slow payouts. You will be asked for your personal information before you are allowed to play online, and you want to make sure that your personal data is protected by the casino. Therefore, it is very important first to read online independent gambling guides to casinos to find out the players’ favorites, trusted and well-known casino sites. Secondly, read carefully the casino’s rules and policies. Third, try the casino for free before you start wagering your own money. Fourth, make sure that the laws and regulations in your area allow online gambling. Do not break the law!
Casino Games – A Review of Villento Casino

Why Online Casinos are Better than Real Casinos

There is nothing quite like the excitement and thrill of stepping into the Best Casino Gambling Hangout. The flashing lights, the sounds of slots rolling, and the laughter and shrill squeals of delight when someone scores big.

These are just a few reasons why more and more Casino and Gambling Facilities are opening their doors each and every year. Not only on land, but also Internet Casino Gambling sites as well. It seems that every week a dozen or more Online Casino Gambling sites light up our computer screens. The quality of these online casinos is also growing more and more superior as technology advances along with the love and passion of players.

Many online casinos even offer the same thrills and atmosphere that you can find in a busy land casino. However, online casinos offer you the ease and pleasure of playing from the comfort and security of your own home. This allows you to create your own comfort. In fact, you can play while laying bed or sitting at your desk in your boxers.

Regardless of whether you are playing on land or from home there is now no doubt that the Casino Cash Cow is on the rise. In fact, there are hundreds of individuals all over the world who are raking in a wealthy living from simply playing online casino games for high payouts.

What exactly is a Casino Cash Cow? A Casino Cash Cow is an online casino that offers high payouts. These high payouts in some cases match or can even exceed the payouts that land casinos offer. Many online casinos network with other online casinos in order to pull pots to offer huge payouts to their members and visitors. They pull their money and have weekly or monthly events wherein you can see the full effects of a Casino Cash Cow in action. pussy88

Smaller online casinos that only cater to specific games such as general slots and are not affiliated with other online casinos or major business partners don’t usually offer such high payouts. This is why it is important for you to do your research before becoming a member of any online casino. You will want to make sure that if you are paying a membership fee that you are signing up for a casino with high payouts and not a simple “backyard” casino with low to moderate payouts.

The Casino Gambling Information from Casino Cash Cow is what keeps members coming back, and keeps members from bouncing from one online casino to another. This is why so many online casinos have pulled their resources together in order to offer these large payout events on a regular basis. Working together they can pull in hundreds of thousands of dollars to award their members for simply playing on their sites.

Simply speaking, high payouts are what give any Online Casino staying power. The more money they are putting out and offering in pots and winnings to Casino Gambling Pros will result in their business making more money. You can always tell if an online casino is worth your money by looking at the extend of their payouts and bonuses. Find your big payout casino and stick with it. Don’t mess with small payouts and rewards when you can find a single high payout casino and become a millionaire over night.

The Benefits of a Casino Hire

Online casinos provide several incentives to attract new players and retain existing players at their casino. The bonuses can become the major criteria for players in deciding an online casino to play at. There are various types of online casino bonuses and each has its particular advantages and conditions. You should get some understanding about the bonuses, especially the terms and conditions before you accepting the bonuses.

In general, there are 2 categories of bonuses: STICKY & CASHABLE bonuses. Sticky bonuses are the free money that lent to you by the casino. You can use the sticky bonuses to play your favorite games, if you win and meet the wagering requirements, you can only withdraw the winnings and not the sticky bonuses. The casino will take back the bonus upon your withdrawal. On the other hand, cashable bonuses are the money that can be withdrawn along with your winnings after meeting the wagering requirements. Normally the online casinos won’t state their bonus offers to be the sticky or cashable in their promotion page; you need to read the terms & conditions to find out which category the bonuses are.

Regardless of sticky or cashable bonuses, there are a few common casino bonuses, which can be found in casino’s promotion page. These bonuses are:

No Deposit Bonuses

No Deposit Bonuses are free money given by the casino. It does not require you to deposit any money. You just need to open a real-player account with the casino that offers no-deposit bonuses. Normally the bonuses will be automatically deposited into your player’s account, but some online casinos may require you to confirm your account through a confirmation email, or upon verification of your credit card before the no-deposit bonus being deposited into your account. Most no-deposit bonuses are ranging from $10 to $100 depending on the casinos. Some online casinos offer no-deposit bonuses in the term of free-play; this type of no-deposit bonus is normally offered for playing slots machines or video poker. Once you have sign-up a real-player account with the casino, you will be given a certain amount like $500 free-play bonus or a number of hours such as 5-hour free-play time at the casino. There are terms & conditions of wagering requirements on the no-deposit bonuses that you need to meet before you can withdraw the winning.

Welcome / Sign Up Bonuses download mega888 apk

Online casinos reward new players by offering welcome or sign up bonuses. These bonuses are offered in term of matching bonus based on the amount deposited by the new players. Normally, online casinos will match 100% to 200% for the first deposit, but some casinos may go up to 500% to attract more new players. The welcome bonuses may be matched only with the first deposit, or a few initial deposits depending on the casino’s promotion strategy. The bonuses normally have a minimum and maximum deposit limits. The player needs to deposit the amount the meet the minimum deposit in order to eligible for the bonuses. And, the casino will only match the bonuses up the maximum deposit amount.

Weekly and Monthly Deposit Bonus

Existing players will also be rewarded whenever they deposit the money into their account. These bonuses normally are given in term of weekly or monthly bonuses, which normally ranges from 25% to 50%.

Cash-back Bonuses

Some casinos will refund some of your losses during a certain period of play in term of cash-back bonuses. It may range from 5% to 15%. The more you lose the more cash-back bonus you will get. Off course, you don’t want to get more on this type of bonus because it means the more you get, the more you have lost to the casino. However, it is still an attractive bonuses offered by online casinos.

Refer-A-Friend Bonuses

This is the incentive given to the players who refer or invite their friends to play at the casino. You can get some money (normally $50) for every player who register into the casino with your help.

Advantages of the Online Ideal Casino

There are many benefits of casino bonuses, both to the player and to the casino itself.

Benefits to the Casino of Casino Bonuses

With the advent of the Internet and its increasing popularity, online gambling became a reality. Online gamblers no longer need to visit brick and mortar casinos in order to enjoy a casino game. As security measures become stronger and technology improves, online casinos are becoming even more wide-spread. Due to the large number of online casinos that are now available, the casinos need to find ways to attract new players to their sites and to encourage existing customers to stay with them.

Casino bonuses and promotions are the most popular method for casinos to attract customers. These come in many varieties and sizes. Online casinos can afford to offer large bonuses to their players as they have much lower overheads than land-based casinos. They do not need physical property, they require fewer staff, their equipment is software and their marketing costs are lower. This means that they can offer players free money, merchandise or tournament tickets as incentives to play at their site. Their intent is that once players have begun to play at their site, they will remain there and the casinos will make back all of the money they invested into the player and more.

Benefits to the Player of Casino Bonuses pussy88

The fact that there are so many online casinos available today makes choosing a casino to play at, a difficult decision. Reputable casinos will offer many of the same features and functions. It may be difficult to choose between them if you are looking at their software, games, customer service, banking facilities and other features. One way that casinos may stand out from one another is through the bonuses and promotions that they offer to their players.

You should never settle for an online casino that does not offer a large welcome bonus with reasonable wagering requirements. Welcome bonuses are fairly standard these days and an online casino that does not offer a significant bonus, is often not worth spending time at. In addition to the welcome bonus, a top casino should offer other bonuses, such as reload bonuses, refer-a-friend bonuses, preferred payment method bonuses, weekly and monthly bonuses and more.

Online casino bonuses, if used wisely, are an excellent way to increase your bankroll. Some bonuses can be used to trial the casino software and games without having to risk any of your own money. These bonuses are called no deposit bonuses as they are paid into a new customer’s account without a deposit having had to have been made. It is a good idea to make use of these bonuses in order to trial the casino. Other casino bonuses that you are awarded can be used to boost your bankroll in order to help you to play for longer or to play better.

Make sure you are aware of the wagering requirements of a bonus before you accept it as you may find that the requirements are so limited that you will in fact end up spending more money if you accept it.

Rushmore Casino Info and Useful Tips

The online casino sector is getting bigger by the day. Some online casino sites provide their patrons with the same glitz and glamor that they can enjoy in the traditional land-based casinos of Las Vegas. These online casinos provide you with a perfect alternative for experiencing the thrill and excitement of gambling right inside your own home. So if you cannot afford to take the time out of your busy schedule to visit a land-based casino, get yourself a computer and a high-speed internet connection, and you are set to make real big money by playing in online casinos.

The vast range of online casino games offered by these online casinos are varied in number. Take your pick from a variety of online casino games, be it blackjack, roulette, poker or the very popular slot machine games. Before depositing money with any online casino site, make sure that the online casino site is safe and reputable. Since the online casino sites fall under the purview of off-shore gambling, you could end up dealing with a fraudulent company if you do not practice caution. If you are a new player who is willing to start off on this journey that will bring you a lot of money, there are a few things that you have got to keep in mind. These tips will serve you well.

The online casino experience is a little different from playing in a land-based casino. Upon entering a traditional casino, there is a lot of noise and confusion, with people everywhere distracting your play. While playing on an online casino, you can bid goodbye to all the chaos. You have only your game to think of, so you can concentrate better. Place your bets using mathematical calculations and common sense, rather than getting carried away by the heavy betting by others. You are the best judge of how much you will bet; let that be the only criteria of a bet. Do not get influenced by the betting of other people, if more people are playing the game with you online. pussy888 login

Online casinos provide you with instructions about the various bonuses that are on offer. It could be a sign-up bonus, which enables you to start playing online casino after you have met the deposit requirements. It could be cashable bonuses which can be encashed along with your winning money. It can be the opposite as well, called ‘sticky bonuses’. These cannot be encashed; it is deducted from your winning amount. Be sure to read and follow all bonus requirements. Some have restrictions for game type, requires a minimum number of plays, or may have a maximum payout. Not reading and following the requirements may cost you some or all of your winnings.

Online casinos also provide you with ‘Help’ materials which will help you understand the game and master the tactics. They also provide you with ‘hand history’ so that you can follow the changing patterns of an online casino game. The buttons on the online casino site are easy to understand and user-friendly. The names of the buttons speak for their own functions to keep you from getting confused during the course of a game. The stakes are high and nobody likes to risk anything that might make the odds tougher.

With these basic online casino tips in mind, you can rule the world of online casino. Just play as the situation demands and before you can count the time that you have spent on an online casino site, you would be rolling in real big money. So start off on your treasure-hunt!

Mobile Casino Affiliates

Red Flush is a brand new online casino that makes a striking first impression with its crisp, no-nonsense interface, user-friendly site and none of the senseless, flashing marketing hype that sometimes makes an online casino seem off-putting.

Licensed by the Kahnawake Gaming Commission, Red Flush Casino accepts players from around the world and offers its software in English, Spanish, Italian, French and German. This online casino is powered by Microgaming and therefore offers a gaming experience that is as smooth as they come.

Software and Games
There are literally hundreds of games to choose from at Red Flush Casino, offering players one of the largest selections on the internet. There is an impressive selection of blackjack choices at the site, in addition to other favorite card and table games. Red Flush Casino boasts that there are more video poker variations on its site than at Vegas, and the range is certainly impressive.

There are so many slots options at Red Flush Casino – over 150 of them! – that players will never, ever get bored at this site. Anything – from classic three reel slots to the latest video slots with amazing bonus rounds – is found at Red Flush Casino.

For extra big wins, players can try their luck at the 21 Microgaming progressive jackpot games that offer some of the biggest prizes available in the industry.

As a Microgaming-powered site, it can only be expected that the software at Red Flush is superb, with crisp, realistic graphics, awesome sound features and other unique offerings to make gambling pure pleasure.

Bonuses and Promotions
Red Flush Casino offers first time players a generous match bonus that certainly makes it worth their while to open an account here. In addition, as a new site, the casino goes out of its way to offer unique bonuses not found at any other online casino. For example, the site will reward handsomely any new player who has ever won a significant progressive jackpot at any other site in the industry.

Players start to earn Red Rewards from their first bet and automatically become members of the Red Flush Casino Loyalty Club when they fund their online casino accounts. Comp points are exchangeable for casino credits and players can move up the four-tiered club to benefit from serious rewards!

Payment and Payouts
As an online casino with an international flair, Red Flush Casino accepts payment in a variety of different currencies, including Euros, US Dollars, British Pounds and more.

The casino accepts credit cards, as well as a host of alternative payment methods so that players should find banking at Red Flush both convenient and hassle-free. Winnings can be withdrawn in a similarly simple manner.

Security
Red Flush Casino uses the latest security to ensure that their players’ personal and financial information is always well guarded. 128-bit encryption means that all data is secure whenever it is transferred over the internet.

The site’s Random Number Generator is independently reviewed for fairness and the results are posted regularly on the site. This transparency policy is very important for players to see that they that getting the safest and fairest gambling environment possible.

Support
Red Flush casino has put customer support at the top of the list of its priorities and this fact certainly shines through by the service it offers its players. 918kiss apk download

Support is available by toll free phone from a large number of destinations in the world, including the United States, Germany, Italy, France and Australia.

For those who are after live support, this is available through the live chat feature at the site, where friendly and knowledgeable staff are waiting around the clock to assist players.

Naturally, 24/7 email support is also available at Red Flush.

Red Flush Casino
Red Flush Casino has swept onto the market and is doing everything in its power to get players to try out its excellent products. This site has practically all that players could desire in a good online casino – winning software, good customer support, easy payment methods and a wide range of games. When all is said and done, Red Flush Casino seems to have hit on a winning combination that is sure to attract players from around the globe.

This information was accurate when it was written but can change without notice. Please be sure to confirm all information directly with the casino.

Mobile Casino Gambling For Free Or Real Money: A Guide

Mention of the word ‘casino’ conjures images of risk and great risk taking in many peoples’ minds. Indeed, there are people who would very much like to participate in the various games that casinos offer to the patrons, but who are put off by the risk inherent in so doing.

Typical online casinos, for instance, usually require the patrons to deposit a given amount of money (referred to in most circles as the ‘playing deposits’) – from which the casinos are then able to pay the winnings to the lucky players, finance their operations (staff costs, web hosting costs in the case of online casino, and so son), and also to make a profit for their creators, the ‘house owners,’ as it were.

The way no deposits casinos work, on the other hand, however is through a system where the players don’t have to deposit any money with the ‘house’ to start playing. Some actually take the no deposit philosophy to another level, where they integrate it with the increasingly popular ‘casino bonus’ system – to come up with what can be termed as a no deposit casino bonus system, in which players have a real chance to get real money out of their playing without having to put anything (besides their effort and time really) into the ‘house.’

The no deposit casino system is not game specific, and most of the no deposit casinos actually offer the whole range of games offered in the other typical casinos that demand deposits off their members, the games in question being anything from roulette to slots, blackjack and poker. pussy888 download apk

Most no deposit casinos, as indeed all types of casinos, typically don’t allow admission to minors (people under the age of 18), generally for legal reasons.

To be sure, though, the no deposit casino bonus system tends to come with a few catches here and there, and it is important to read and understand the casinos terms and conditions carefully before getting in. For the most part, for instance, no deposit casinos will tend to put a limit to the amount of no deposit bonuses they allow – with some limiting it at as low amounts as $10. However low the amount that the no deposit casino bonus is, though, it is still ‘something for nothing’ and an opportunity to get something for free from the ‘house’ – and that, of itself, is an attractive option.

Someone might ask what the business logic of offering the no deposit casino options is, especially keeping in mind that the casinos are definitely not charities – but highly strategic businesses. The answer to the question of how the zero deposit casinos make their money lies in the understanding of the workings of ‘free samples’ marketing philosophy, where a company that is highly confident about its products offers some free samples to prospective buyers. So in a way of speaking, the no deposit casino bonus are the casino’s version of ‘free samples’ which, should the player get impressed with them, is expected to spur them to register with the casino, and thereby offer the casino the opportunity to make some money, while also giving the player the chance to earn even more money from the casino – depending on their skill and luck.

Popularity & Rise of Online Casinos

Online casinos are taking the Internet by storm as people all over the world are discovering the perks of playing online casino games. Internet casinos offer everything you could hope for including amazing software versions of all of your favorite gambling games, convenience, a great social experience and the opportunity to make some money and have fun at the same time!

Online casinos give you the opportunity to play all of your favorite gambling games including poker, blackjack, baccarat, roulette, craps and keno. You can even choose from hundreds of online slot machines and video poker games. Internet casinos offer amazing online casino software versions of virtually any casino game you can think of. Casino software is truly amazing-it is so realistic that you may even forget that you are not really in Vegas! Online gambling games are played by the same rules as the games you play in live casinos, just in the comfort of your own home! mega888apk

Convenience is probably the most worthwhile part of playing online casino games. The next time you feel like spinning the slots or asking the blackjack dealer to hit you, you don’t have to book the next flight to Vegas. Simply get online and start playing! All you need is a computer and an Internet connection and all of your favorite casino games are right at your fingertips!

With Internet gambling you can also have a fantastic social experience. Gambling enthusiasts all over the world are gambling online and you can talk to them and even make lasting friendships! Multiplayer games like poker, blackjack and craps encourage players to interact with each other through live chat so you will have the opportunity to speak with people across the globe that you would never have the chance to meet under ordinary circumstances. It’s really incredible!

And we haven’t even gotten to the best part yet! When you play Internet casino games you can play for free, but you also have the opportunity to gamble with real money. As if playing all of your favorite casino games from the comfort of your own home wasn’t fun enough, now you can even make money in your spare time! There are even people who are professional online casino players and their entire income comes from playing casino games online!

If you would rather not play for money, free casino gaming has its benefits as well. When you play free games you have the chance to work on your strategy, perfecting your casino gaming skills. You will become more familiar with odds and learn what you have to do to win. Once you have become an online casino gaming expert you will be ready to play online for money and win big or even hit the jackpot on your next trip to Vegas!

If you haven’t already signed up for a casino online then do it today and see what all the hype is about! Online casino gaming is an amazing way to have fun and make the best of your spare time.

Play Online Slot Machines — Picking A Machine & Winning

Among various methods of gambling, online casino gambling has become a trend lately. These online casinos are known by several names such as Internet casino, virtual casino etc. The concept of online casino is the same as that of land based casinos. The main advantage of online casino gambling over traditional land based gambling is that it can be done at any hour from any corner of the world. Online casinos give enormous opportunities to gamers to play and earn huge amount of profits. Most of the casinos offer high payback percentages and that is the most lucrative aspect of online casinos.

There are a couple of casinos that make tall promises in terms of unbelievably high payback percentages in regard to slot machine games like poker. There are also a few casinos that use a well programmed random number generator. In such casinos, table games usually have a preset house edge. The payout percentage is fixed and is decided according to rules of the game.

Online casinos can be broadly classified into three categories namely web based online casino, live based casino and lastly download based online casino. Web based casinos allow gamers to play their favourite games without even downloading the specialised software. Games are played either through HTML interface or browser plugins such as Macromedia Shockwave and Macromedia Flash. Download-based online casinos, on the other hand, have a mandatory requirement to download the software. In fact, you cannot start playing unless and until you download this software. Live casinos provide live gaming environment to its players that makes the game more enjoyable.

Gamers playing at online casinos usually never leave the casino without earning profits. Reward can be in cash or kind. Every time, it is not necessary that you will get handsome cash. Sometimes, you don’t get cash at all but you get an opportunity to win exciting jackpots and several kinds of bonuses. There are bonuses on new sign-ups. Most of the online casinos require you to pay a certain amount before allowing you to try your luck in online casino gambling. betflix

There are some online gambling casinos that provide its gamers with cash back bonus in which you get back a specific portion of the total amount you lost in the game. Online gaming offers an average gamer numerous opportunities to multiply his/her income by several times. There are lots of lucrative casino bonuses that include instant cash bonus, sign up bonus, no deposit casino bonus and many more. The best part about online casino gambling is that without investing even a single penny, you can become rich overnight. There are many casinos that allow you to play for free. In fact, for opening account, the casino gives free bonus; that is more than what one could hope for. Monthly bonuses have also become a part of strategy of most of the online casinos to entice visitors. But that is an added advantage. So, who wouldn’t mind receiving a certain amount of money every month?

What most of the gamblers do is they don’t make any investment to play games at online casino. They simply use the bonus amount to gamble and win further prizes. So many gamblers have become millionaires within a short span of time. All this has been possible through online gambling at casino. To conclude, online casino gambling is believed to be one of the quickest and most lucrative means of earning money.

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Why Casino Slots Become Popular

The Proper Care & Feeding of the Golden Goose

Under the new paradigm of declining economic conditions across a broad spectrum of consumer spending, casinos face a unique challenge in addressing how they both maintain profitability while also remaining competitive. These factors are further complicated within the commercial gaming sector with increasing tax rates, and within the Indian gaming sector by self imposed contributions to tribal general funds, and/or per capita distributions, in addition to a growing trend in state imposed fees.

Determining how much to “render unto Caesar,” while reserving the requisite funds to maintain market share, grow market penetration and improve profitability, is a daunting task that must be well planned and executed.

It is within this context and the author’s perspective that includes time and grade hands-on experience in the development and management of these types of investments, that this article relates ways in which to plan and prioritize a casino reinvestment strategy.

Cooked Goose

Although it would seem axiomatic not to cook the goose that lays the golden eggs, it is amazing how little thought is oft times given to its on-going proper care and feeding. With the advent of a new casino, developers/tribal councils, investors & financiers are rightfully anxious to reap the rewards and there is a tendency not to allocate a sufficient amount of the profits towards asset maintenance & enhancement. Thereby begging the question of just how much of the profits should be allocated to reinvestment, and towards what goals.

Inasmuch as each project has its own particular set of circumstances, there are no hard and fast rules. For the most part, many of the major commercial casino operators do not distribute net profits as dividends to their stockholders, but rather reinvest them in improvements to their existing venues while also seeking new locations. Some of these programs are also funded through additional debt instruments and/or equity stock offerings. The lowered tax rates on corporate dividends will likely shift the emphasis of these financing methods, while still maintaining the core business prudence of on-going reinvestment.
Profit Allocation

As a group, and prior to the current economic conditions, the publicly held companies had a net profit ratio (earnings before income taxes & depreciation) that averages 25% of income after deduction of the gross revenue taxes and interest payments. On average, almost two thirds of the remaining profits are utilized for reinvestment and asset replacement.

Casino operations in low gross gaming tax rate jurisdictions are more readily able to reinvest in their properties, thereby further enhancing revenues that will eventually benefit the tax base. New Jersey is a good example, as it mandates certain reinvestment allocations, as a revenue stimulant. Other states, such as Illinois and Indiana with higher effective rates, run the risk of reducing reinvestment that may eventually erode the ability of the casinos to grow market demand penetrations, especially as neighboring states become more competitive. Moreover, effective management can generate higher available profit for reinvestment, stemming from both efficient operations and favorable borrowing & equity offerings.

How a casino enterprise decides to allocate its casino profits is a critical element in determining its long-term viability, and should be an integral aspect of the initial development strategy. While short term loan amortization/debt prepayment programs may at first seem desirable so as to quickly come out from under the obligation, they can also sharply reduce the ability to reinvest/expand on a timely basis. This is also true for any profit distribution, whether to investors or in the case of Indian gaming projects, distributions to a tribe’s general fund for infrastructure/per capita payments.

Moreover, many lenders make the mistake of requiring excessive debt service reserves and place restrictions on reinvestment or further leverage which can seriously limit a given project’s ability to maintain its competitiveness and/or meet available opportunities.

Whereas we are not advocating that all profits be plowed-back into the operation, we are encouraging the consideration of an allocation program that takes into account the “real” costs of maintaining the asset and maximizing its impact.

Establishing Priorities

There are three essential areas of capital allocation that should be considered, as shown below and in order of priority.

  1. Maintenance and Replacement
    2. Cost Savings
    3. Revenue Enhancement/Growth

The first two priorities are easy enough to appreciate, in that they have a direct affect on maintaining market positioning and improving profitability, whereas, the third is somewhat problematical in that it has more of an indirect affect that requires an understanding of the market dynamics and greater investment risk. All aspects that are herewith further discussed.

Maintenance & Replacement

Maintenance & Replacement provisions should be a regular function of the casino’s annual budget, which represents a fixed reserve based on the projected replacement costs of furniture, fixture, equipment, building, systems and landscaping. Too often however we see annual wish lists that bear no relationship to the actual wear & tear of these items. It is therefore important to actually schedule the replacement cycle, allocating funds that do not necessarily have to actually be incurred in the year of accrual. During a start-up period it may not seem necessary to spend any money on replacement of brand new assets, however by accruing amounts to be reserved for their eventual recycling will avoid having to scurry for the funds when they are most needed.

One area of special consideration is slot machines, whose replacement cycle has been shortening of late, as newer games & technologies are developing at a much higher rate, and as the competition dictates.

Cost Savings

Investment in cost savings programs & systems are, by their very nature and if adequately researched a less risky use of profit allocation funding then almost any other investment. These items can often take the form of new energy saving systems, labor saving products, more efficient purchasing intermediation, and interest reductions.

These items have their caveats, one of which is to thoroughly analyze their touted savings against your own particular application, as often times the product claims are exaggerated. Lease buy-outs and long term debt prepayments can sometimes be advantageous, especially when the obligations were entered into during the development stage when equity funds may have been limited. In these cases it is important to look at this strategy’s net effect on the bottom line, in comparison with alternative uses of the monies for revenue enhancing/growth investments.

One recent trend is the growing popularity of cash-less slot systems, which not only provide labor savings for fills, counts and hand-pays, but also serve as an aid to patrons who do not like to lug around those cumbersome coin buckets, while also encouraging multiple game usage.
Revenue Enhancing & Growth

Leveraging is the key catalyst of any revenue enhancing/growth related investment. It includes the following:

o Patronage Base
o Available Funds
o Lands
o Marketing Clout
o Management Experience

The principal is to leverage the use of the available asset towards achieving higher revenues & profitability. Typical examples include increasing average patronage base spending and widening the effective trading radius, by offering additional products/services, such as retail stores, entertainment alternatives, recreational/leisure amenities, overnight accommodations, more restaurant choices, and of course, expanded gaming.

Master Planning 메이저놀이터

Anticipation of potential growth and expansion should be fully integrated into the project’s initial master planning so as it assure cohesive integration of the possible elements in a phased-in program, while also allowing for the least amount of operational interruption. Unfortunately, it’s not always possible to anticipate market changes, so expansion alternatives must be carefully considered.

The Big Picture

Before embarking on any type of expansion and/or enhancement program we strongly recommend first stepping back and assessing the property’s present positioning relative to the market and competitive environment. As we have observed in numerous gaming jurisdictions around the country, often casino ventures that have been operating “fat and happy” for a few years, find themselves in a zero-growth period. Sometimes this is due to competition stemming from either/both new local area casinos or regional venues that have the affect of reducing patronage from peripheral area markets. Additionally, the current customer base may become bored with their experience and are seeking greener pastures. The historical growth of the Las Vegas strip is testament to the success of continually “reinventing” oneself.

Our approach to these market studies is initially focused on determining the degree to which the current facility is penetrating the potential market and in relationship to any competitive market shares. Typically, this represents an analysis of the current patronage base in terms of information gleaned from the player tracking data base, and mailing lists, coupled with day-part, daily, weekly, monthly and seasonal revenue trends.

This data is then interfaced with an assessment of the overall market potential to indicate the extent to which certain market segments are utilizing the facility and the needs it is fulfilling. More importantly however, is that this type of analysis will indicate those market segments that are not utilizing the facility more fully, and why.