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Posts Tagged ‘study’

New Study Shows Underage Gambling Could be a Problem

Friday, November 5th, 2010

The Annenberg Adolescent Communication Institute is located at the University of Pennsylvania. The organization is one that has formed to do studies on young people and their gaming habits. It was interesting to see what their studies have shown because it points to the young market as one of the most quickly growing in the world. Now that young people are gaming at such a record rate, this is putting them in the foreground of gambling companies. It is difficult because gambling companies are seeing a huge advantage here—they can move in on the new market and make millions of dollars over any given month. They are taking on the same tactics as credit card companies did a few years ago. If you recall, some credit companies were under fire because of their targeting of the young college market. They set up booths and events on college campuses to attract new customers. Many credit card company executives looked at college-aged students as their “new market.” Unfortunately there was a repercussion to that. A few years later there was a rise in the number of bankruptcies being filed by consumers in their mid- to late twenties. It wasn’t hard to see what happened. Credit card companies gave young and uneducated people access to thousands of open credit and then they used it, with no regard to how they were going to pay it back. Experts are warning the same disaster could come to the youth now that gambling is being offered to then on this scale.

The survey done at University of Pennsylvania is showing that more young people are venturing into the world of gambling than ever. Of high school students in on the survey, 6.2% admitted to wagering on a monthly basis. This number is up from 2.7% last year. This means that in just one year the number of young people logging in illegally to wager at online websites has doubled. Likely that could open the door to a lot of problems in the future for them because of the dangerous nature of managing money. Without some safeguards built into the system, this survey shows that more disastrous financial results could come to the market soon.

What to Expect from a New Casino

Monday, November 1st, 2010

If you go to a new casino, how do you know what to expect? If you are new to the gambling market, then you most likely want to get to a new gambling casino. They are premiere these days and offer a lot of bonuses for anyone who ventures into them. They can be confusing though. The best thing to do if you are going to the casino is to check out the deals available. Every land based casino has its own website that it going to show you what promotions are going on and what you have to do to get them. If you live in the right area you may have more than one casino to compare. If you do, then make sure you have an idea of what game you want to play. Then see if the casinos offer any specials revolving around your game of choice. For example, if you love blackjack some casinos offer blackjack tournaments at a huge discount. They are some of the most fun games and if you get in on them, you are going to have a lot of fun during your gaming session. This could be the deciding factor as to which casino you visit. On the other hand if you have only one casino in your local area then you won’t have to decide what to do. You can just see when that one casino has its bonuses and then take advantage of it.

Once you find the casino you want, then you are going to have a great time most likely. Casinos are built to please these days and they offer tons of things to do. You want to bring enough money to play so be sure to set aside a good bankroll. The bankroll is the total amount of cash on hand you bring to play games. Once it is over, you are done wagering. Once that is over, then you can just have fun wagering. Remember that casinos are highly competitive these days and that means that they are fighting hard for your gaming dollars. All you have to do is keep on enjoying the games, set limits for yourself and then have fun.

Rank PLS Shows Growth Spurt in Gambling

Tuesday, October 26th, 2010

If you are looking for the biggest growth markets in the world today, you are going to be hard pressed to find a list that doesn’t include online gambling. The internet started with a few users but over the past few decades has grown tremendously. Right now estimates are showing that over 2 billion people are using the internet around the world. A huge portion of those users are playing online casino games. Rank PLS is a company that tracks gambling. According to their reports, new numbers are showing that their online casinos have had a 40-week growth spurt that included a 15% jump in revenue. This is great news for the market because it has been suffering for so long. Mainly Rank PLS is focused on the UK market, but included some offshore gaming companies in its numbers too. Overall the growth the internet gambling world has had is an encouraging sign that things may not be as negative as they were a few months ago.

The recession was difficult on the market – it has taken a lot of time to come out from under it too. People cut back on gambling altogether at the height of the recession and have slowly returned to their old buying and wagering patterns. It is taking a lot longer than anticipated or hoped though. Mainly new research is showing that people are hesitant to jump into wagering again because the recession caused their nest eggs to be all but used up. Many people had to rely on cash to get them through bills and debt. Now their first priority is to rebuild those nest eggs and once again shore up their own cash accounts. Still the Rank RLS study was great news for a market that has been waiting with baited breath for a change. Now that things seem to be on the upswing, gaming companies are starting to put their energies and efforts back into evolving the market. they want to start pushing the bounds of technology again and bringing a new model of gambling that is even better and offers even more advantages to the casual and seasoned gamer.

New MicroGaming Software Helps Poker Players to Improve

Thursday, July 29th, 2010

One major change in the market of gambling has been the huge growth of online poker play. If you look at where the market was just ten years ago as opposed to where it is now, it’s clear to see how much has happened. Poker tournaments that paid out a few thousands in the past, are now paying out hundreds-of-thousands. Not to mention the huge tournament growth- for example, the WSOP began humbly with a few players and now thousands of players from all over the world are joining in on the poker tournaments in the industry. This public interest is what is causing the game to move forward and to bring new players into the market.

For a while the novice poker players have had a hard time keeping up. It has been difficult for them to continue gaming against more seasoned players and their only hope was to continue playing, and losing, against professional players. Now that is all about to change. The website PokerTIme.com is introducing a new product into the market. The new product is set in the market to help amateur players work on their gaming skill. The MyPokerLab software is a form of analysis that is proving to be a huge asset for gamers who can use it. The new product is part of the MicroGaming suite of products in the market and it offers real-time analysis of gamers past and present performance as poker players. The product is a teaching service that helps to train new players. Basically, every time you log in to play a game of poker the software tracks their plays and then tells them what to do to improve their games on later games. Of course the software isn’t there to give tips, but rather to help analyze a player’s performance. Overall it is a great tool for gamers to have because it helps them to directly work on their gaming by looking at their older activities. Though it still will take time, it is a great product for gamers to enjoy. If you are a fan of poker but aren’t yet performing as well as you would like, then look to this type of software to help you move your own skill as a poker player along.

What Makes Poker so Popular

Wednesday, July 28th, 2010

Over the years poker has grown exponentially in popularity with gamers.The question remains, why? There are many reasons why poker is so popular but the main one is that it has a huge element of strategy to it. Take a look at slots gaming for example. When playing slots, you have no control over what happens. You put your coins in, spin the reels and let the machine do the rest. The RNG, or random number generator does all the other work. There is nothing you can do to increase your chances of a win because the game is completely built on randomness. On the other hand there is poker- a game that perfectly combines luck and strategy.

If you look at any good poker player you will find a person who has studied the game for most likely years. He or she has spent hours working at a casino table, honing their skill as a gamer. The game can be taught and learned. There are clear cut moves in response to certain situations. Overall, players’ decisions play a huge part in their outcome and payouts for the game. Poker is one of those games that will always have a huge audience because of this. If you go to any online casino you are going to find a great tournament most likely at any given time of the day. Casinos know how popular poker is and offer the various styles of poker play and offer huge payouts to lucky winners. That’s the interesting thing about poker. You can spend hours working on your strategy and craft. You can study books. You can participate in “free-play” casinos and play against a wide range of people. Despite all your hard work and hours of study, there is a clear element of luck to the game. You never know when that luck is going to be with you and when it won’t. Despite the lack of total strategy, players are still drawn to the game in droves. They love the dual sides of poker play- luck and strategy. It makes the best gaming because it takes the best of both worlds and combines it into a great game that has been around for centuries.

Boulder Bay Environmental Study- Part 2

Wednesday, November 18th, 2009

Projects that are included in the Community Enhancement Program are eligible for additional commercial space areas, tourist accommodation units and height allowances.  As part of its program, Boulder Bay is required to maintain certain environmental requirements to be eligible for the additional commodities. While other large scale projects have been put on hold, Boulder Bay is moving through the process as an example of what future projects could look like, according to future Regional Plan Guidelines. 

There are many options available. Of the five options available, two are CEP-eligible and the other three would not require additional permits or changes in code. Here are the options currently on the table:

 

• Option A: A no-project Option, where conditions at the Tahoe Biltmore would remain the same, save implementing Best Management Practices on the site.

• Option B: A no-project Option that converts the hotel’s existing 92 rooms into timeshares, to be sold at 1-week increments. The casino would be enlarged to 29,744 square feet, the maximum allowed by the Nevada TRPA.

• Options C and D are the CEP-eligible options. Both involve a complete tear-down of the existing infrastructure. Option C has less units, less commercial square feet and fewer parking spaces than Option D. Option C also does not include timeshare units and instead has whole-ownership condominiums. Option C is the preferred project, according to the EIS, and Boulder Bay’s preferred Option.

• Option E: A no-project Option that exemplifies what Boulder Bay could build under current TRPA regulations without asking for any additional commodities or code changes.

 

The release of the Boulder Bay Draft allows for a period of public comments to last until January 5th of 2010. There will be a wide variety of public meetings where people can add their comments and discuss concerns regarding the project. Each one will have a representative there to handle all questions in detail.  The discussions are meant to not only educate the public, but also to maintain a transparency between developers, the government and the community as the project goes through its completion.  Only time will tell which option is chosen but it won’t be done until after all concerns are addressed. This is good news for the communities and gives them a chance to watch over the new development in their neighborhood.

Boulder Bay Environmental Study- Part 1

Wednesday, November 18th, 2009

Boulder Bay draft environmental impact study is a 1,589-page document of summaries, conclusions, graphs, drafts and matrices that try to predict how the proposed Crystal Bay development could affect people who live and work there. “It’s a bellwether project,” said Tahoe Regional Planning Agency Spokesman Dennis Oliver. “It’s a test for Tahoe. A test of can we do this? What will this lake look like in 20 years?” The project is set to help lawmakers get a true vision of what the project will do to the community and what long-term affect it will have. Critics were saying that much of the decisions for the Crystal Bay development were based on revenues only. They were pressing government officials to look past the deficit and revenue potential of the facility and see what it truly would mean to the community both short-term and long-term.

One of the project’s key critics, North Tahoe Preservation Alliance President Ann Nichols, said the proposed resort and casino is a predicator of what type of development TRPA’s proposed Regional Plan could produce. “This is a demonstration program for the Regional Plan,” she said. “This is what they want all over the place.”

At the heart of the jargon and graphs, the redevelopment plan for the Tahoe Biltmore and Tahoe Mariner sites signifies a change in planning for the Lake Tahoe Basin, proponents, critics and regulators said. The developer’s preferred project, a 300-room hotel with a 10,000 square-foot casino, 59 whole-ownership units, a spa and other amenities that promises significant water quality benefits, shows what kind of development can happen in the basin under different regulations, said Project Manager Brian Helm. “If you just follow current code, it’s more about how to push pause and not make things worse,” Helm said. “(Our primary Options) are more about how do we become part of the solution.”

Boulder Bay is the first of nine Community Enhancement Program projects to complete its Environmental Impact Study and begin a public comment period. This is a new move in the market to not only do a comprehensive study of the project, but also to allow time for the people of the area to comment on what their feelings are about it. Overall the enhancement project is also designed to encourage development, but only if it promotes environmental awareness, enhances quality of life, improves the visitor experience and contributes to the long-term economic vitality of the region.

 

Part two coming next.