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Archive for December, 2009

US Players Seeking Online Gambling Options- Part 1

Thursday, December 17th, 2009

Due to the changing rules of online gambling and gambling, in general, many US players have been pushed out of the online market of gambling. This posed problems for legislators because there are billions of US dollars being channeled out to offshore casinos. Those dollars could be kept in the country if the US were willing to move quickly on legalizing and regulating online slots. One legislator, Barney Frank said, “Every moment the US declines to find regulation on online gambling is another moment it is letting huge dollars slip through its fingers and into other economies.”

Frank has been instrumental in working to change the laws of online gambling. In October of 2006 the US passed the UIGEA, or Unlawful Internet Gambling Enforcement Act. The act was designed not to ban online gambling, but to make it difficult for North American residents to deposit and withdraw funds from financial institutions. There has been limited success with the UIGEA because banks are tasked with flagging and monitoring transactions. Unfortunately, due to their fervor to not break any laws, or incur penalty fees as a result of breaking laws, other forms of gambling that were meant to be legal are falling into the mix and being denied.

Now that the UIGEA has been accepted it has had limited success in achieving its written goals. Banks are not fans of the law because they are now responsible for checking all transactions and that costs them money. The law is generally believed to have fallen short of its goal. Supporters of the law used its goal of “protecting family values” as the main reason it should be accepted into law. The position of taking a “family oriented” stance is indicative of a campaign that is built to cater to the conservative vote.

Some say that the UIGEA backfired because what it did was push US online casinos out of the country. Many online casinos were worried about infringing on US law and closed up shop in the states altogether. They found more casino-friendly countries like Macau and Gibraltar to set up shop. This was their solution to strict US rules, but it also brought more money to other countries and cut off gambling revenues from the US economy.

Part two coming next.

Sloto’ Cash Casino Nominated for IGB Affiliate Award

Thursday, December 10th, 2009

Good news for Sloto’ Cash Casino- It has just been nominated for the IGB Affiliate Awards for Best Casino Affiliate Program. The Sloto’ Cash affiliate program is premiere in the industry and has made waves because of its huge growth in the market.

The IGB Affiliate Awards will take place in London in January of next year. The organization is heralding new companies that are making waves in the world of affiliate marketing. They created the new aware for noting online casinos that are focusing on developing their affiliate programs. The IGB Affiliate Awards website features a complete list of the current nominees and takes votes. If you have an working knowledge of affiliate programs, you can vote on the online casino of your chose for the award.

Many affiliate programs are cropping up in the industry and many are still in a learning curve. There are complaints and issues that come up daily. Some companies however, have been able to create affiliate programs that serve the affiliate with integrity and fairness. These are the companies that many industry insiders are hoping to focus on. By shedding light on good companies, they are hoping other companies will take their cues from them and build their own valuable and fair affiliate programs.

Sloto’ Cash Casino is a huge casino in the world of online gaming. Over the years, the company has seen tremendous growth and consistently expanded thier gaming roster with new slots games. Not only do they have the standard 3 and 5-reel games, they also have iSlots to enjoy. It’s a great casino for anyone who wants to enjoy gaming and loves slots. In addition to haveing great products, the casino has developed an exemplary affiliate program over the years. It has a built-in set of marketing tools for affiliates to use and gives some great incentives. One recent incentive included a laptop give a way for affiliates who brought in the most business.

This year Sloto’ Cash brought in Connie Burstin as thier new Affiliate Program Manager. She came from Burstin Group and has worked hard to build the affiliate program. Part of the casino’s nomination can be attributed directly to Burstin and her team who have successfully created and implemented an affiliate program for the casino. 

Wynn Resorts Appoints Matt Maddox

Thursday, December 10th, 2009

Wynn Resorts CFO Matt Maddox has just been appointed to the Nevada Economic Forum by Governor Jim Gibbons. Maddox has an impressive resume in the world of gambling. He has worked for the Wynn Resorts and Casino for over seven years now in both Las Vegas and Macau. before that, he was involved in operations for Caesar’s Entertainment and Bank of America.  Wynn was delighted to be moving into the position and stated that his excitement is due to “a continued love of gaming, the state of Nevada and casino management.”

Governor Gibbons said, “I believe Mr. Maddox has valuable experience in finance and the gaming industry that will assist the Economic Forum as they forecast future economic conditions during these turbulent times.” The Economic Forum is a board made up of five members and it was established by the Nevada Legislature in 1993. It is scheduled to meet just prior to the convening of he state’s biennial Legislature to provide revenue forecast for use in adopting state government budgets. Nevada law allows for the Economic Forum to make preliminary projections of economic indicators and estimates of future state revenue at any time. Present members of the Economic Forum include Michael Alastuey, William Hartman, John Restrepo, and Linda Rosenthal. The terms of all members expire at the end of January.

The Economic Forum will put their attention on building the Las Vegas market once again. Since the recession, Las Vegas has taken a huge downturn in numbers. People stopped spending due to lack of funds and that meant cutting out vacations and in particular, vacations that centered around gambling.  Now that the recession is coming to a close, things have still not returned to normal. Las Vegas has millions to recoup before it can even break even once again in the market.  The city is hardpressed to find ways of rebuilding due to not only the gambling decline, but home foreclosure numbers. Foreclosures are running rampant within the entire state of Nevada and legislators are looking for options that will help to spur the economy.  The Economic Forum hopes to be instrumental in reinvigorating the market and bringing Las Vegas to the forefront of gambling once again in 2010.

 

Delaware Uses Sports’ Betting for Funding

Thursday, December 10th, 2009

 Sports’ betting is in the midst of debates throughout the country. With the recession hard on the heels of Americans everywhere, people and businesses are looking for additional revenue-generating tools to create. The biggest issue is that the recent 2008-2009 recession created an economy that is still suffering. Many businesses closed and others filed bankruptcy protection in an effort to stay afloat. Lenders closed their doors and businesses had to lay off people in mass numbers to sustain themselves. With consumers experiencing unemployment, they weren’t able to spend. Their lack of spending caused more businesses to suffer. The cycle became chronic in the market and many industry experts projected huge losses. They were right.

Now that the recession is considered “over” by many, it’s time to regroup and find out what damage was done. The lending industry is proving to still be having difficult times. Though financial institutions are starting to lend again, this time they are doing it will stricter requirements. For example, Wells Fargo is beginning to advertise lending specials, but the promotion is only open to current customers who have 700+ credit scores.  That greatly narrows down the pool of customers who are eligible for the loans and makes it more difficult for anyone to get back into their normal way of life.  

The economy is still struggling and sports’ betting is coming back into the forefront for debate. Though president Obama said he is not in support of using gambling to fund state coffers, the state of Delaware has had some success with its test round of gaming. Betting on football games in Delaware is proving to be lucrative. The state just announced that it brought in $810,000 in revenue throughout their first three months of operations. Prior to the move, industry analysts were projecting the state would make $500,000. Everyone within the state is excited at the true number that was over $200,000 more than anticipated.  Other states are watching closely the successes in the gambling market and what it means to state budgets. Since Delaware has had success, expect to see more states looking into legalizing sports’ betting and gambling in general.

City Centers Starts Promoting High-Rise Condos

Wednesday, December 9th, 2009

The City Center project has been in the news for quite a while now. City Center is a huge $8.5 billion project set to be open in Las Vegas. The center is co-owned by the Las Vegas-based MGM Mirage and Dubai World, the investment arm of the Persian Gulf state. The facility is spread out over 67-acres and is located on The Strip. The Crystals retail shopping mall and the 392-room Mandarin Oriental opened this past week. The Aria Resort and Casino is set to open next week. It will be a premiere gaming facility for gamblers worldwide to enjoy. So far owners are planning on building an additional 4,000 hotel rooms with the facility. The vision is huge and thus far it is on schedule. Owners are hoping that the center is able to spur on growth within the Las Vegas market again. Kirk Kerkorian, 37%-owner of the MGM part of the deal said, “Of all the wonderful Las Vegas properties with which I’ve been associated, City Center is simply the most amazing. I’m extremely excited to see the public’s reaction and look forward to seeing how it changes Las Vegas.”

The City Center is now ready to start closing on sales of its 2,400 high-rise condominiums. Developers have chosen to sell the properties via Private National Mortgage Acceptance Company, or PennyMac. The company will be a lending source for all buyers of the condominiums and condo-hotel units. There are three residential towers to sell, Vdara, Veer Towers and Mandarin Oriental. PennyMac will develop seller financing programs for all three locations. City Center CEO Bobby Baldwin said, “PennyMac will be a resource to help our customers to assess their financing options and assist them with the closing of their purchase.” Already about 1,100 condominium units are expected to close beginning in January of 2010.

All buyers need to have a down payment of 20% of the purchase price and that number ranges from $500,000 for studio condominiums to $9 million for the penthouse suites in the Mandarin oriental. PennyMac will work with buyers on all properties and they have a fixed rate and a variable rate option for qualified buyers. In October the City Center came down with prices about 30% due to the lagging market. Buyers have to agree to keep their properties for a minimum of 18 months. 

 

Cherry Red Casino Still Stands Out

Wednesday, December 9th, 2009

Cherry Red Casino is a great online portal for gaming. The first thing you notice when you log in is the huge variety of games. There are choices for slots, video poker, craps, roulette and poker. All you have to do is click on the icon of the game you want, and you’re ready. If you’re a slots lover, don’t fret– there are tons here. You can find everything from Cleopatra’s Gold to Derby Dollars and Rain Dance to Shopping Spree. The games are all available in a download and no-download format. Of particular notice is the no-download/instant play option. All you have to do is click on the “slots” icon and immediately the Flash window opens the door to over 30 different slots games. Each one is vivid and the graphics are dynamic. The animations are great too.

It’s also a good idea to watch for their “random jackpot.” As of right now it is up to $1,171,127. The random jackpot is one of the great features of this game. You can play your favorite game and take a shot at winning the huge million-dollar-plus bonus. It is handed out randomly so all you have to do is be logged in and have a balance of “real” money in your account.

You can also find tons of other games here. There’s the wide variety of blackjack options. If you love straight blackjack, blackjack- Super 21 or blackjack perfect pairs, you’ll find a game here. The poker is just as varied in that you’ll find Caribbean Hold’em and Caribbean stud poker. They also have Let’em Ride, Match Play 21, Tri-card Poker, Pai Gow Poker and Vegas three-card rummy.

In terms of promotions, Cherry Red has tons of them. First of all there is the $7,777 bonus for playing. On your first 10 deposits you’ll get a 100% match bonus of up to $777. Talk about lucky 7s!!  There are coupon codes for these bonuses so be sure to check with the website for details. You need to use them each time you deposit, so be careful. In addition, there is the blackjack special bonus, slots special bonus, video poker bonus, weekly bonuses and weekend bonuses. If you are a high-roller, you can find bonuses for you here too!  Overall this is a great website to test out. Head on over to Cherry Red casino and see for yourself how the bonuses and games create a great online gaming experience for any player.

Betfred Casino Joins In On Christmas Fun

Wednesday, December 9th, 2009

Christmas is a time of gift-giving and no one knows that better than online casinos! This Christmas season casinos everywhere are coming up with eye-popping specials and promotions for the month of December. Look at a land-based or online casino and you are sure to find tons of extras built around the festive holiday season. Betfred Casino is no different! This casino is offering a great £25 no deposit sign-up bonus for all you new members out there. It’s a great find because that means anyone who signs up gets an extra £25 absolutely free to spend on playing their favorite games without risking their own money! They can play around on a wide variety of games and see which ones are their favorites before risking anything.

There is also an additional match bonus at Betfred Casino. This one is a 100% deposit match bonus on your first deposit up to £100. After that you can get another match bonus on your second deposit. This time you get a 50% match bonus up to £50. That’s a whopping £225 to use towards whatever you would like. Again– testing games is the best idea when the opportunity for match bonuses comes up. You can jump around from game to game and not have to worry about the risk factor for any of them. Plus if you manage to win while playing with your “free money”, that will be an added bonus for your holiday season.

There is also a special Winter Giveaway promotion at Betfred Casino. In this one you can claim up to £1,000 cash back during the special days of Christmas. There is a short window to take advantage of the promotion though, so be sure to get over to Betfred Casinos right away. It’s a great deal to be part of the Winter Giveaway. If you do miss it, there are still plenty of other specials. Take advantage of the welcome special and the deposit bonuses. You’ll have a lot of fun playing and you should easily find a game, or two, you love at the casino. In particular now is a great time to see what it has to offer. 

 

Christmas Specials Continue at Online Vegas

Wednesday, December 9th, 2009

There is another website giving away super freebies! It’s Online Vegas this time that is focusing on the holidays as a great time to get in a little promotion time and bring customers more holiday cheer. The website is offering some great cash jackpots throughout the month. It also has just announced one of the most lucrative slot tournaments for the Christmas season. The great thing about the holidays is that online casinos work hard to out due each other. That’s great news for any avid online gamer. All you have to do is a quick online search and you’ll find a wide variety of specials, in particular now. With the holidays coming quickly online casinos have gone all out in terms of promotions and specials.

Online Vegas has the Countdown to Christmas Freeroll going on now. Everyone can join the tournament free and have their own chance to win the grand prize of $55,000.  There are tons of prizes going down the line too. If you don’t walk away with the big prize, the casino is still giving away cash prizes to the top 900 winners. They are going to split the pot of a $200,000 guaranteed prize pool.  That’s not bad because it means that 901 people are going to walk away with cash for the holidays.

The prizes started on December 4th and are going on throughout the 25th of this month. Until then you have the perfect opportunity to get in on the fun of the Countdown to Christmas Freeroll. Remember that Online Vegas is one of the premiere online casinos working today. If you love exciting fun and the chance at winning big, then this is the website for you. Plus the games are outstanding and diverse. Whether you love slots or table games, backgammon or craps, you’ll have fun at the Online Vegas casino. Take a look at their welcome bonuses and their loyalty program. Either one gives you a great shot at earning extra as you play. That’s one of the biggest deals around– you earn points to play your favorite games and then you can turn those points into more credits. It’s a great formula for earning more play time and Online Vegas has it. Check out the casino before the 25th of the month to join in on the holiday fun.

 

Wild Wild West Enters the Market

Wednesday, December 9th, 2009

The Days Inn hotel chain and Station Casinos plan to introduce the new Wild Wild West to the market.  The Wild Wild West will be marketed as a Days Inn hotel and bring a new option to the visiting public. The facility is a 250-room hotel and casino on Flamingo Road and will continue operations under the name “Days Inn-Las Vegas at Wild Wild West.” Station Casinos will maintain ownership of the propoerty and all employees will continue on at the location, despite the new ownership agreement. The deal marks the return of Days Inn to the local market after a more-than five year abscence. 

CEO Kevin Kelley said that the Station Casinos had to find a partner with marketing the old Wild Wild West due to the horrible state of the economy. He added, “The property got hammered during the current economy with Strip resorts lowering their room rates. We started to look for ways to stabilize the rates.” Kelley said the company was pleased to find that a well-known brand such as Days Inn, which is part of the Wyndham Hotel Group, wasn’t already in the market. That offered the opportunity for Station Casinos to come up with a plan for the Days Inn to be instrumental in the company’s reconfiguration.

Days Inn President Clyde Guinn said the brand’s large network of hotels and motels will enable his company to bring customers to Las Vegas that Station Casinos couldn’t.  “We have the ability through our reservation system, our national sales and or frequency program to bring a lot of business to that hotel that they would have had … to spend a lot of money to market to,” Guinn said. So far Station Casino has spent three-hundred thousand dollars in renovating the property. Their goal was to keep it consistent with the Days Inn’s other hotel properties for the purpose of brand recognition.  It is the hope of all parties involved that the new Wild Wild West will bring a new customer base to the market as the economy levels itself out. As Guinn added, “We only see good things in our future. Our hotels are all outstanding and we have the manpower, along with the technology, to keep them that way.”

Jackpot City Casino Has New Specials

Wednesday, December 9th, 2009

Jackpot City Casino is now moving into the highly advantageous world of “free cash.” If you love free cash (and who doesn’t?) then check out Jackpot City Casino. All new players are getting £10 absolutely free, no deposit required, straight to your playing account after a simple registration to the casino. That’s good news. A lot of online casinos give you free money, but only if you make big deposits or reach a certain wager requirement. Though they are still good, they make you deposit larger amounts up front. This casino isn’t like that. You get your £10 for just signing up!  And the sign up process isn’t difficult. This casino builds a very straightforward process for any visitor.

One of the other advantages of playing at Jackpot City Casino is that they have a huge progressive payout of £2,400,473. That’s a very good amount of money for anyone to win!  All you have to do is log onto the website and take your chances!

The website offers games like Megah Moolah and Tomb Raider. Both games have proven their exciting game play throughout their life spans. Megah Moolah has a long history of paying out big to lucky players. The game is a great 5-reel game that has multiple paylines to win off of. If you love exciting slots, then this is the one for you. Tomb Raider is built off of the successful movie franchises and also offers an exciting feel. With this one you follow Lara Croft as she embarks on yet another adventure. The graphics are great with this game and you will love the animations.

Check out Jackpot City and you’ll also be able to take advantage of a great start-up bonus. You can get a first deposit bonus of up to £500!  That’s £500 towards your bankroll to really start you off well. Again, this is a very good bonus and allows any player the chance to test out their games before they commit to playing one. Having extra cash from the start gives you the chance to play a little– with no regard for risk. It’s “free” money after all! Check out Jackpot City casino and see how much this casino has to offer.