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Posts Tagged ‘expansion’

Agua Calients Casino Announces Expansion

Thursday, September 30th, 2010

Gambling is expanding drastically in the market today. In fact, there is so much pressure to expand now that companies are working on their games drastically. If you want to find a new casino that has great gaming, then you are going to find it in the market today. One of the best things you can do is do searches here and there and find the best casinos and new openings. Normally a new opening comes with a long list of bonuses. Let’s face it—casinos want your business. The only way they can get it is to continuously build better gaming advantages for their current customers and continue to bring in new customers. The biggest challenge in the market today is the fact that games are so varied and the competition is fierce. If you want to continue gaming, then you have to keep on searching for the best deals. They can considerably add to your overall wins at the end of the day.

Now the Agua Caliente Casino Resort Spa in California is announcing an expansion. The casino is introducing its new poker room. The opening celebration for the casino is some time at the end of October and the grand opening day will feature food, drinks, raffle drawings, hotel comps and other tickets for entertainment. The best thing about this casino is how huge it is going to be. So far the casino has already announced that it is going to have over 4,000 square feet facility that includes sixteen gaming tables, and a nine-flat screen television area. The best thing about it is that it is going to considerably add to the revenue stream of the California area. The casino is expected to make waves and elevate the numbers through patronage and promotions. If you are looking for a new casino and are in the California area, then visit the mirage casino and see how much fun you can have at the casino. Most likely there is going to be expansion soon but for now there is a huge buzz in the market about this new gambling facility.

Global Gaming Moves in on Sumner County

Tuesday, August 24th, 2010

There are a lot of locations around the US where gambling is up for debate. Some believe that it will bring in more problems than it is worth like addictions, crime, corruption and money laundering. Others believe that with the proper management it can be a huge money-maker that turns around the economy quickly. The debates are raging and overall, pro-gambling entities are winning out. The reason is because of the billions of dollars at stake, most legislators are trying their best to spur the market ahead. Sumner County of Kansas just won a bid for a key endorser to come into the state and bring casinos in. This has been a long-standing problem for the state because they have gone through three separate arguments to bring casinos in. The first two were unsuccessful and voters were not sure why. They were in support overall for casino gambling, but still finding the right funding and investors has proven difficult.

About a week ago Sumner County took another vote from its commissioners and they decided 3-0 that they would endorse a $255 million initiative planned by Global Gaming LLC. The company wants to bring a casino to the Kansas turnpike at the Wellington exit. Global Gaming is a leader in casino development and this seems to be a great deal if it does happen. Now that there is a known developer on the table, things could quickly turnaround and casino gambling could be up and running in the area within the next year or so. This endorsement deal is great news for those who have been waiting for gambling, but it may still take some doing. Legislators have to revisit the idea and make sure that all laws are in place to protect players but still bring in millions of dollars. Though there were two developers in addition to Global Gaming, pining for the development deal, only Global won out. This was because of the outstanding reputation the company has for gaming, but also for developing successful casinos throughout the world. Expect more gambling initiatives to come through in the US and expect the best gaming companies to be tied to each one of them.

Jackpot Capital Groups Expands

Tuesday, June 1st, 2010

In the world of online gambling there are affiliations and buyouts almost every month. It is interesting to watch how things are quickly evolving in the market. A few short years ago the online market was in its infancy and it is interesting to see how much it has developed. There was a time when the land-based casino beat out the virtual one every time. People enjoyed visiting their local casino hotspot for their gambling needs. Once online developers got wind of the popularity of internet, they decided to translate land-based casinos into an online medium. Technology was on their side and quickly they were able to develop the market. At first there were a minimal number of players who were willing to venture to the online platform to gamble, but slowly people began realizing how convenient, secure and fun the online games could be.

Nowadays companies are working overtime to build up their own business markets because of the millions of people playing online. And add to that the question of legalizing online gambling and it leaves for huge opportunities within the market. Now Jackpot Capital Groups, a company that runs JackpotCapital.com, just announced that they bought out two more casino operators—LuckyClubCasino.com and LuckyClubSlots.com. Both companies are already well established throughout the market and have had a huge amount of success on their own. This coupling could only mean that things are looking up for the now-giant company. Jackpot Capital Group has an edge over competition because it already accepts US players. That is a major issue that a lot of online operators are having these days. The doors to legalizing online gambling are opening quickly and markets all over the world want to capitalize on the opportunity.

If you are looking for new online gambling options, check out any of the Jackpot Capital Groups. They have a wide range of specials to enjoy—especially now that they are introducing their newer divisions. You can find a great start-up bonus and additional VIP bonuses at the website. If you are in the market for a new casino, test this one out. There are enough bonuses and specials to make the sign-up worth any player’s while.

Kansas Lottery Officials Make Moves for Expansions

Monday, May 3rd, 2010

The state of Kansas is in the midst of debates over gambling expansion. Gambling within the state is available, without question. It has already brought in millions of dollars to the state and that is a welcomed difference in revenue than it was during the recession. Of course, the recession put a damper on all forms of revenue but gambling in particular took a hard hit. With little discretionary money and a heightened unemployment rate, it was hard for people to maintain their gambling activities. Most gambling activities came to a screeching halt and have yet to return to the levels they were prior to the recession.

That doesn’t mean that there aren’t changes in the world of gambling for Kansas. Operators of a casino to be located in Wyandotte County have already submitted their two initial payments to county officials. It’s a welcomed added revenue source for Wyandotte County officials who have been suffering a while now due to the recession. Counties all over the US are hurting for cash and looking to a new year of major cutbacks and postponement of plans for development. In particular, education, building and police expansion efforts are the most targeted aspects of budgets over the US territory. Each county is looking to come up with money-generating efforts and bringing in casinos is one of the most popular and viable options in today’s market.

Kansas has particularly been plagued over the years with developers who made plans to bring in casinos and then pulled out. Penn Hollywood Kansas and Speedway Development company are both corporations that have made inroads to build casinos in the area. They were turned down for development a few times in the past and it isn’t until recently that they officially partnered to come up with a viable project. Kansas Lottery regulators are excited about the move and are hoping that it will bring in revenue to the state. They also are focused on expanding the market and bringing it to a new level of profitability. It will take a few months, but hopefully regulators will see how lucrative gambling is and how it is able to turn the economy around.

Pennsylvania Opens Door for Gambling Expansion

Monday, May 3rd, 2010

One thing that has continued to happen within the US is gambling expansion. Some states have tampered with gambling law to varying degrees of success. They are not willing to eliminate it, even if it doesn’t work, due to the huge potential revenue dollars available. Rather than eliminating it, they are rewriting laws and bills to acclimate better to the market. Few legislators are willing to overlook the financial potential of gambling. Much like the US as a whole, state legislators are trying to come up with a viable law that meets the needs of every party involved. They need a law that legalizes gambling, but also regulates it so that people are still protected. The main argument of anti-gambling lobbyists is that the laws, as they are written now, are not sufficient to protect the public. They believe that inevitably problems will arise as a result of legalizing gambling and the states are not ready to handle the aftermath, that includes an increase in crime, addictions and money laundering.
The state of Pennsylvania is one state that is looking forward in the field of gambling. It has already overcome one big hurdle when in January of this year, slots gambling and table games were legalized in the state. This was great news for casino operators who know how much slots gambling can bring to their revenues in coming months. For example, Rivers Casino is one of the most recently built casinos in the state, but they couldn’t have picked a better time to open their doors. It was just a few months after they did that the state decided to change its laws. The casino even talked to the gaming board, wanting to expand the current laws.

Part of the Rivers Casino’s pitch is that expanded gambling will bring more jobs to the casino. The state has been particularly hard-hit by unemployment and any news regarding building new jobs may be welcomed by legislators. There still has to be a public hearing to settle the details, but most likely the gambling expansion initiative will push ahead. As of now, Pennsylvania is looking to take over the gambling market from Atlantic City and New Jersey.

Polls in Illinois Oppose Slot Expansion

Tuesday, February 9th, 2010

Des Plaines 3rd Ward Alderman Matt Bogusz urged the city council Monday night to strongly oppose video gambling machines in town because they would hurt the city’s planned casino. The new video poker legislation, approved by the Illinois House and Senate but not yet signed into law by Gov. Pat Quinn, could put more than 45,000 such devices in establishments across the state. This legislation would allow any type of establishment with a liquor license to allow video gambling.  Once legislation passes, municipalities would still have the right to ban them, however. “‘We need to be on the forefront of opposing gaming expansion,” Bogusz said.

The problem with the expansion is that it would cut into slots revenue for casinos in the state. There is a lot of revenue to be had in states, but there is a limited amount of revenue. Everyone wants a piece of the gambling pie these days and as many states move towards regulation and legalization of the hobby, the rules are still sketchy. It’s the first time that gambling will be used to fund state budgets and overcome the states’ deficits. No one knows how exactly it will flesh out or how everyone will be made happy by bringing gambling into the states. It is the first time each state is tampering with new gaming laws and legislators are debating how the laws should read. The only real law so far is the UIGEA. That is a law that targeted financial institutions. It focused on hampering banks from handling transactions to deposit or withdraw money if they were related to gambling online. The biggest problem states had was that due to the lack of ways for people to gamble, sent them to offshore gambling operators. Though the state legislators initially thought that the UIGEA, or Unlawful Internet Gambling Enforcement Act, of 2006 would thwart gambling, all it did was send gamblers out of the country…along with millions of dollars.

Now, states learned their lessons and want to bring in gambling. The problem lies in how to regulate the hobby for the purpose of maximizing revenue. That is what legislators are tasked with doing now as 2010 begins. They want to create a law that unlike the UIGEA, efficiently regulates gambling and opens the door for states to reap the rewards.

Virginia Weighs Out Lottery Options

Tuesday, January 26th, 2010

“It’s hard to say what the future will hold, but if we continue with certain products, there is probably little or no growth from year to year,” said Paula Otto in a recent interview to the Daily Press. Otto is the Executive Director of the Virginia state lottery and she sees the internet as the only viable option that will spur on growth. Lotteries are suffering, just like other industries in the recession. It’s a difficult time because of the unemployment rate. It’s causing millions of Americans to stop spending. That spending freeze has brought a lot of stress to business owners in almost every industry. Whether it’s housing, lending, manufacturing, retail, auto or restaurants, owners are racking their brains trying to think of new ways to bring up revenues. Unfortunately, unless the unemployment rate starts to level off and decline, there may be no viable option to be found.

Another aspect of expanding gambling to the internet market is that it will make the lottery more competitive. Now that gambling is set to be legalized and regulated by most jurisdictions, there is a highly competitive market on the horizon. Gambling organizations that offer just one type of wagering will be out in the cold. For example, if you walk into any land-based casino, you’ll find a wide variety of games. Most have everything from poker and craps to backgammon and slots. It’s that variety that bring customers in and causes them to return. Most gamblers like the variety of playing multiple, affordable games throughout their gaming session. Some even superstitiously believe that play on a variety of games increases their chances of a big win. Regardless of the reason, the fact is that casinos that offer more games have more steady and repeat customers.

Even race tracks see variety as the way to bring in a new clientele. Many race tracks around the country, both dog and horse, are looking to bring in slot machine gambling. They know that offering slots will bring in an entirely new audience. People who may not necessarily enjoy horse racing, can still come with friends who do and have something to entertain themselves with. When it comes to Virginia’s lottery situation, that variety is also what is needed. Otto also said that “internet gaming is a real option in the future of the state’s lottery and without the internet, there may be no growth potential at all.” Reporters pressed his statement and asked whether or not she thought the future included online gambling and she replied, “In my view, it’s not if, but it is when.”

32Red.com Adopts Sportsbetting

Tuesday, January 26th, 2010

32Red.com, a popular online casino, has announced the launch of a brand new sports betting service for its players. The website is a good one and highly established in the competitive world of online gaming. It already offers a full-range of games in its virtual casino and each one can be played mobile. It also has poker and bingo for its players to enjoy. The new brand will be supported by Global Betting Exchange, the Irish group that provides sportsbook solutions to AsianLogic and PKR Poker. 32Red’s previous attempt in sports betting in the form of Betdirect was bought over by Stan James and sold at a loss.

CEO of 32Red Ed Ware said, “We are very pleased to be launching a 32Red online betting service ahead of what should be an interesting year with England’s participation in the 2010 World Cup. Adding sports betting to our existing range of online gaming services goes a long way to completing our product range and, apart from encouraging our existing players to use 32Red for their sports betting requirements, will also allow us to target new areas in our existing markets.” The company is aggressively targeting a new customer base due to the huge growth in online gambling in the world. Now that gambling is on the cusp of legalization and regulation throughout almost every state in the US, it’s a premiere time to capitalize on the change. 32Red is hoping that the opening up of an entirely new customer base will allow it to grow exponentially in upcoming years.

Since 2006, when the UIGEA was instituted, gambling has been on the rise. In fact, despite the problems in other areas of the world, gambling has continued to grow. Lending, housing, automobile, retail and airline industries have all suffered greatly as a result of the recession of 2008/2009. It’s a great time for established casinos to make aggressive moves into the market to solidify their share of it. Now that 32Red has a new brand of sports betting, it will be even stronger in the market. CEO Ware believes this is the perfect time to start advertising and promoting to bring in new customers.

Red Hawk Casino Set to Expand

Thursday, November 19th, 2009

Red Hawk Casino is announcing the addition of two live card craps tables to its current mix of table games. This move will make it the first casino in Northern California to offer the game. The live card craps tables are in response to feedback management received from players who requested the game. In addition to standard wagering, both card craps tables feature Bonus Craps, which offers additional payout opportunities for the player. Red Hawk Casino is the only casino in Northern California to feature Bonus Craps and they look to make a good deal of revenue from the game.  Exclusivity is key to their money making plan and craps is a sure-fire way of maintaining it…for now, at least.

Craps is one of the most exciting games to play due to the constant action and multiple betting rounds. Live Card Craps plays similar to a traditional craps table, except uses cards instead of dice. With Bonus Craps, all numbers other than a seven pay 175 to 1. Additionally, all tall numbers between eight and 12 or all small numbers between two and six pay 34 to 1.

Red Hawk Casino offers more than 75 table games including Single Deck Blackjack, Double Deck Blackjack, Six Deck Shoe Blackjack, Fortune Pai Gow, Mystery Card Roulette, Three-Card Poker, Four-Card Poker, World Poker Tour, All-In Hold ‘Em, Let It Ride, EZ Baccarat and Mini Baccarat. Plus, opening late November is a non-smoking live Poker Room! Table games are located throughout the main casino floor, in the High-Limit area and the lower level featuring non-smoking gaming.

To start earning great prizes and exclusive members-only offers, sign up at the Red Hawk Rewards Club in the casino. New members have a winning guarantee with a rebate for 25% on their first trip’s play. The rebate, up to $400 in free slot play, will be added to the player’s Club card for use on their next trip to Red Hawk Casino.  Overall it is a great casino deal for any loyal player who wants to make the most of his or her wagers. For anyone who loves craps, check out the Red Hawk Casino’s new tables. They are sure to bring fun and enjoyment to any level of player.

 

Mohegan Sun Continues Growth- Part 2

Monday, November 16th, 2009

Although the economy declined due to the recession, year-over-year numbers have showed gambling revenue growth, defying industry norms of a failing Atlantic City and struggling Las Vegas. Mohegan Sun managed to bring in stable revenue growth during the recession when other casinos were closing, filing bankruptcy or laying off or cutting back. Its Poconos competition, Mount Airy Casino Resort in Paradise Township, Monroe County, has seen its average monthly revenue down between 10 to 20% for most of 2009. For October Mohegan slots revenue was $18.6 million, up 14% according to the Pennsylvania State Gaming Control Board. Due to the growth in revenues, the Mohegan Sun has expanded its horse racing schedule, brought in top horses in the industry and increased its drivers. They also added a $6.2 million, 53,000-square-foot paddock. Soper said, “People need to get back to work and have faith in the economy in order to get wagering back where it was.”

Peter Mead, publisher of Casino Enterprise Management magazine, said the Pennsylvania gaming industry is stable due to the fan base within the region. He said, “The repercussions of the recession didn’t hit casinos in places such as Pennsylvania and the Midwest as severely. People don’t have to get on a plane and stay in a hotel to go to these places.” That local gambling option is what saved the economy from disaster and has maintained it throughout the recessionary time.

Part of the Mohegan’s future success is due to their ready-and-waiting attitude towards development. For example, if the state approves table games like blackjack, roulette and craps, the casino is ready to install tables to accommodate.  Mr. Soper stated, “We would want the tables to come online as soon as possible and get the maximum number of games in place without major construction. Then we would start a bricks-and-mortar expansion. Local businesses have craved spin-off benefits from the casino. However, as the casino created additional amenities, its customers have fewer reasons to leave,” he added.  With the former growth and success of the Mohegan’s operations, it’s going to be interesting to see how much the casino does in the future.