Categories
Uncategorized

2008 National Commercial Casino & Racino Gaming Revenue Analysis

A Period of Adjustment

Oops! That giant hissing sound is the gaming balloon that had been growing over the years, slowly losing air. But, it has not been a tide that lowered all ships however, as some emerging and expanding gaming jurisdictions showed strong growth in 2008.

Overall, the commercial and racetrack casino sectors (excluding Indian gaming), experienced a 3.5 percent decline in gaming revenues for 2008, generating a total of $36.2 billion, down some $800 million from 2007. It was the Racino sector that has tempered this drop, as they showed a gain of almost $1 billion in 2008, thereby bringing the Commercial sector market decline to $1.8 billion, or 6.7 percent. Nevada was the biggest loser in 2008, dropping almost $1.3 billion, more than half of which stemmed from the Las Vegas Strip segment.

Hunkering Down

For the most part, casino operators were caught relatively flat-footed by the extent of the 2008 revenue downturn, as it was not until the third and fourth quarters when it really nosedived. Riding the crest of year over year market growth across the country and the availability of ample credit and equity funds, new construction and expansion proliferated in recent years. Today, faced with the realities of declining, or at best stagnant demand, many of these projects are now considered over-leveraged and/or over-sized. As a result many gaming companies are attempting to renegotiate their debt – made more difficult by lower valuations – while also paring down operational costs. The latter has become a very problematic conundrum when dealing with the competition, especially in those jurisdictions that are now vying for market shares with new emerging casino projects in neighboring areas. A topic we discuss more fully in the State by State analysis section of this publication.

As a result of these conditions the gaming industry landscape is now strewn with impending fatalities. Among the more notable troubled firms are Station Casinos, Empire Resorts, Harrah’s Entertainment, Greektown Holdings, Legends Gaming, Tropicana Entertainment, Herbst Gaming; and the list grows each week.

“How long will these economic conditions persist, and are we at the bottom yet?” are questions no one appears to be answering yet. What is clear however is that most gaming jurisdictions will have to learn how to deal with a smaller pie.

Note:
This analysis includes only gaming revenues of licensed casinos and pari-mutuel outlets that offer casino games, and not Indian gaming operations, card rooms, or small non-casino type slot locations. The whole article, including revenue tables is available on our web page.

Input/Output Model

A key aspect that seems to have arisen from the ashes of this current trend is that many casino projects were just too large to support themselves. The input, in terms of investment dollars, was not proportional to the output, in terms of net profit after debt service, compared to previously achieved results. More and/or bigger is not always better. Seeing the rise in non-gaming revenue at the Las Vegas Strip resorts, gave impetus to the development of more comprehensive amenities in many other jurisdictions. The flaw in this strategy however is that the costs associated with widening market penetration and occasioned-use, are significantly higher than those incurred to attract the base market.

As daytripper markets become more competitive, casino venues will have to rely more and more on their in-house hotel patrons, and size their properties (and expectations) accordingly. While Steve Wynn started a major trend in creating up-market mega-destinations, there simply was not enough demand on the Strip to warrant the many other similar projects that followed that aimed at the same niche.

The trick is to strike a happy medium in project configurations; which of course require less of a ‘seat-of-pants’ approach, and one that is more studied. A shameless plug for development consultants like ourselves.

Other Gaming Activities

Although there are no published detailed data of American Indian gaming revenues, anecdotal evidence appears to suggest that this segment has been as hard hit as the Commercial sector. The two Connecticut Indian gaming installations report slot revenue of $1.6 billion in 2008, representing a drop of about 7 percent, or almost $114 million, more than doubling the 3.5 percent drop from the year before. This market is apparently still reeling from the ripple-effect of a casino expansion in Rhode Island, and the opening of slot operations in New York and Pennsylvania. 카지노사이트

The Arizona Department of Gaming reports that contributions based on a gaming revenue formula from the state’s 23 Indian gaming casinos, have been declining every quarter in 2008 compared to the previous year; decreasing .8 percent in the first quarter, 7.5 percent in the second quarter, 9.5 percent in the third quarter, and 16.1 percent in the fourth quarter.

Some SEC reporting Indian gaming properties report similar decreases. Seneca Gaming, which operates three Class III casinos in upstate New York, reports that while calendar year 2008 showed an almost 2 percent growth rate in gaming revenues, there was an 8.7 percent decline in the third quarter and an almost 10 percent decline in the fourth quarter of 2008, compared with 2007. Gaming revenue trends at nearby Niagara Falls, Ontario were down 1.5% in 2008 compared with 2007.

 

Categories
Uncategorized

You Can Stop Your Compulsive Gambling Addiction

It’s New Years Day January 1, 2006 and another year has come and gone. People from all over the world celebrated on New Years Eve. As the clock approached midnight last minute resolutions were made for the upcoming year. The most common resolutions are to lose weight and or stop smoking. This year’s newest resolution for quite a few people is to no longer gamble in 2006. With all the creative advertising, gambling shows on cable networks and the significant growth of Casinos people from all walks of life have been exposed. Through this exposure quite a few have developed a compulsive gambling addiction.

Now that people have made their resolutions, how do they achieve success? When it comes to gambling addiction it’s time to create a plan in order to achieve success. This can be easy if you take the time to find the appropriate program that will give you the support and guidance.

As you set your plan in place your subconscious mind begins to play tricks with you. The following are some thoughts that stop gamblers from beating their addiction:

1) Do I really want to stop my gambling addiction?

2) I really didn’t lose much money last year so I really don’t have to stop gambling

3) I want to stop gambling but I don’t know how.

4) I have the day off maybe I should gamble just one more time then stop.

5) What am I going to do for fun without gambling?

6) Okay I am ready to stop gambling but my friends are going to the Casino tonight. Maybe I can go just one more time.

7) I have so many bills due. How am I going to pay for them if I don’t gamble?

8) Maybe I will stop gambling when my wife stops gambling.

9) Do I really have a problem gambling?

10) I don’t have a problem gambling.

It’s time to face reality and deal with your compulsive gambling addiction head on. You can stop gambling. There are many helpful stop gambling addiction websites that will give you the resources and the tools to succeed. There is no reason you can not stop your gambling addiction. Taking the time to face what’s really going on with your life and forming a plan of action will help you to succeed in your quest to stop your gambling addiction. bandar88kiu.id

There are so many people who have overcome their gambling addiction. They are also in disbelief because they never thought they could really stop. I am sure a majority of compulsive gamblers feel this way. The one thing they all have in common is their new positive outlook on life. Their self destructive behavior is gone. If you are a compulsive gambler or you know someone who has a compulsive gambling addiction there is help and there is light at the end of the tunnel.

There are plenty of good stop gambling addiction websites that can put you in the right direction. Please always feel free to email me.

Mr. Howard Keith has an extensive background in dealing with compulsive gamblers, relatives and friends of gamblers and teenage gamblers. Mr. Keith believes there are many alternatives to aid in the recovery of a gambling addiction verses a twelve step program. A large percentage of his emails were from compulsive gamblers looking for an alternative to Gamblers Anonymous and twelve step programs.

Categories
Uncategorized

Switching To Online Bingo

In the event that you heard somebody yelling “Bingo”, the primary thing that will jump out your head is that somebody dominated the match or something to that effect. Bingo as the vast majority of us know it as one of the least demanding club game delighted in by many, and that is youthful and old. For certain, its single direction to appreciate others organization and unwind, and for other people, Bingo is one extraordinary approach to win and appreciate club game without requiring all players an uncommon aptitudes or any game procedure. Visit :- UFABET

 

Be that as it may, wouldn’t be incredible in the event that you had the chance to play bingo without leaving your solace spot of your home? Away from the smokey and uproarious club. Also, simply sitting before your PC expecting to get the following number.

 

The solace is the thing that a large portion of players are searching for in betting with their #1 gambling club game. Furthermore, for online gambling clubs, they are giving this sort of thirst by players that are worn out in experiencing unpleasant season of heading out to gambling club corridors and parlor. This is applied in all club games and not simply bingo games. Also, for bingo player out there. You can generally get to online gambling clubs to play bingo in whenever you need in any time. Playing bingo without going out your entryway, isn’t it extraordinary?

 

Bingo players are enchanted by the reward that it has. In land-based club, a player can win as much $20,000 relying upon numerous players that join the bingo game. What’s more, in the event that we are discussing the pot cash that online bingo has, it is a lot higher that in land-based club. Also, that is on the grounds that there are various parts in online bingo. One of the motivation behind why there are numerous players that bet in online bingo and that is on the grounds that a player can profit bingo card for as low as 10 US pennies. This can make any player go wild with online bingo.

 

Not at all like in block and mortal club, you can conceal your actual character in playing on the web gambling club games. What’s more, on the grounds that online bingo is a lot of accessible for every single lawful age, you can get to online bingo in some snap away. You can play the game in your extra time in the workplace without stressing over your chief. Furthermore, for reason, bingo is some how called an elderly people ladies’ down. In online bingo even solid and extreme men can play this game in light of the fact that your genuine personality is stowed away from others.

Categories
Uncategorized

Online Mp3 Songs – Instant Stress Buster

In the words of German-Jewish author Berthold Auerbach, ‘Music washes away from the soul the dust of everyday life’. Indeed, everyday life is stressful and chaotic. The desire to rise and shine in professional lives leaves us completely drained. In such a scenario, a soothing piece of online music gives the much need relaxation to the mind and soul. Bliss or gloom, there is music for every occasion. Technology has made progress in leaps and bounds. And, the advent of Internet has made quality music available on the click of the mouse. Now, you don’t have to run from pillar to post in order to procure your favorite numbers, instead surf the Internet and discover online MP3 songs.

The MP3 format has taken the music world by a storm. It is a very popular concept of music and is quality power-packed in a concise form. The primary reason of increasing popularity of MP3 songs are their small size for which one can store lots of audio tracks into his portable music player, computer or laptop with supreme ease. Young and old are increasingly taking to online MP3 songs that can be re-winded, re-played and fast forwarded. metrolagu

Whenever you feel overworked or boredom takes a toll on you, simply sneak into the amazing world of online MP3 songs and find peace in the midst of your favorite music. There are numerous websites that offer unlimited songs free of cost or on a nominal charge. Whats more? Its custom-built to caterto your preferences. Pop to Rock and Hip-hop to classics, you just have to enter your choice and enjoy hi-quality music. It is the best way to enjoy prompt and hassle-free music.

Online MP3 music is a revolution. On a broader sense, it can enhance your quality of life. The stress of office can be done away easily by tuning into MP3 songs. It wonderfully takes you away from the hustle-bustle of daily life. When you feel down and out and find no one to share your pain, find solace with these songs. Stress, they say is unavoidable. Thank god! A stress buster comes handy in the form of online MP3 songs.

Categories
Uncategorized

Place A Wager, Are You Betting On A Gambling Addiction?

Roll the dice – you might make a score. The lure of quick cash is very powerful. Most gamblers get hooked by one big score, but when they try to repeat their luck, no luck. That is how gambling addiction can start, chasing one time success. You can win five or ten dollars and then decide to but more tickets. Once you get the gambling bug, it’s a short step from buying a lottery ticket at the convenience store to pulling a chair up to the slot machines in a casino.

With so many online gambling sites, it’s easy for anyone to gamble even those who are underage, and teenage gambling addiction is growing. The sites say you have to be over 18 or 21, but who’s checking the IDs? Teens are three times more likely to get addicted to gambling than adults. Some rack up thousands of dollars in gambling debt before they’re even old enough to get a driver’s license!

Gambling is a hidden addiction because it’s more likely to be done in secret than on a night out to a casino with friends. As the addiction increases, gambling interferes with work, social, mental and physical aspects of your life.

Up to 4% of Americans have a gambling addiction. If the thrill of the hunt is the hook for you, and risking cash to win big is the lure, you’re an action gambler. But if you’re more likely to gamble when you’re upset or in some type of life crisis, then you’re an escapist gambler. Women are more likely to be escapist gamblers while men are usually action gamblers.

If you realize that you’re driven to gamble and it’s taking over your life, then you need to get help. You cannot beat this by yourself. An addiction to gambling really is as powerful as drugs or alcohol. The following are a few pointers to help stop the gambling addiction:

1. Tell your spouse, significant other, parent or someone close to you. Ask for their support as you confront your problem. pussy888

2. Reduce your access to money. Cut up your credit and debit cards. Carry only small amounts of cash in your wallet.

3. Change your path. Stay away from places that are triggers to gamble.

4. Stay away from people who encourage you to gamble. If necessary, change your cell phone number or email address so that they can’t contact you.

Contact the nearest Gambler’s Anonymous group. You and your family members need to attend this group to know what to expect. And find an experienced counselor who can work one-on-one with you.

 

Categories
Uncategorized

Making Betting Cool Or Killing the Fun?

Fixed chances football wagering frameworks have been initiated by various bettors to make wagering for football coordinates more normalized. This framework should be more logical, as it depends on measurements, making the standard implication of wagering as unadulterated possibility and amateurish. This framework is generally founded on a rating framework, which gives a mathematical proportion of a football crew’s prevalence over their resistance in a football coordinate. Predominance id dictated by an examination of the two groups’ previous exhibitions. Various frameworks utilize various strategies in computing each group’s prevalence, however every framework essentially takes away point evaluations of the opposing group from the point appraisals of the host group. Basic rating systema compute group focuses and scores surrendered and made. More unpredictable rating frameworks consider different features of the game, for example, assets and individual player measurements. For most evaluations, the nature of the rival group in verifiable information is ignored, regardless of whether a group scores a score against a group in the lower part of the rankings or at the top. A score is considered one score.

 

When the rating framework is set up, the following stage for fixed chances football fun88 ทางเข้า 2021 wagering frameworks is decide the fixed chances. When the likelihood of a home success or an away success is resolved, the chances can be determined as 100 partitioned by the likelihood of a home or away success. The last advance is look at the chances that the framework determined with the bookmaker’s chances, which are normally, obviously, more predominant. Given that the examination done to the two groups is numerically exact, one should make a benefit, given that the focal point of the investigation isn’t simply to estimate or anticipate the consequence of the football match-up, however to contrast it with the bookmaker’s chances. To make a benefit in putting down wagers over fixed chances, it is basic to analyze the chances that you determined versus the bookmakers. Thusly, you can extend the conceivable benefit by likelihood dissemination (result hope) instead of simply foresee who will win or lose (result anticipating).

 

With each match result, this new information ought to be added to the accessible investigation on one’s evaluating framework. This would make a more strong spine to various fixed chances football wagering frameworks. By adjusting a fixed chances football wagering framework, a bettor is guaranteed of in any event an earn back the original investment re-visitation of his “speculation” and whatever misfortunes brought about would be exceptionally insignificant and contained. Simultaneously, while wagering in fixed chances football wagering frameworks, a bettor can’t actually anticipate a hardly high benefit on his wager. Whatever misfortunes or gains caused is adjusted. This offers the bettor an exceptionally protected method of wagering. In this manner, it is enthusiastically suggested for the individuals who are simply beginning on wagering and new to the field. Experienced and veteran bettors are not actually excited about this kind of wagering framework as they believe that they ruin the fun and contain whatever benefits. Whatever rush present in wagering is purportedly executed by examining the entire game and genuinely investigating each perspective, which thusly slaughters the good times. Hot shots and individuals who need to wager huge and win large one time don’t actually see the advantages that a fixed chances football wagering framework brings.

 

Categories
Uncategorized

Sticky Casino Bonus Strategy

Online casinos paranoia about “casino bonus hunters” is forcing them to be very creative to wean the hunter away hurting all players with complicated bonus rules. One of the most recent creations are “phantom” or “sticky casino bonuses” – the equivalent of lucky chips in land and mortar casinos. The amount of the casino bonus is impossible to withdraw, it must remain on the casino player’s account (as if it “has stuck” to it), until it is completely lost, or annulled on the first withdrawal of cash means (disappears like a phantom). A casino bonus is “sticky” if in the terms and conditions of the online casinos it is described as non-cashable or for wagering purposes only. The online casinos do not call the bonus “sticky”. That’s the players slang for a bonus that “sticks” with the casinos.

To make it simple: a casino player would have two accounts deposit and casino bonus account. Bonus account cannot be cashed in, but can be used for wagering purpose. Deposit account may only be cashed in once the balance of the casino bonus account is zero.

At first glance it may seem that these casino bonuses are completely useless for the players and there is little sense in such bonuses – you won’t get your money back anyway, you won’t get your winnings, you would only waste your precious time. But it is not completely true. If you win, then there is really no point in the casino bonus, but if you have lost, it may be of use to you. Without the casino bonus you have lost your $100 and that’s it, bye-bye. But with the bonus, even if it is a “sticky casino bonus”, it is still on your account, which can help you worm out of the situation, to wait out the negative trend.

However a possibility to win back “sticky casino bonus” is a bit less than 50% (for that you only need to bet the entire amount on the chances in roulette). In order to maximize profits out “sticky casino bonuses” a casino player has employ a high risk strategy “play-an-all-or-nothing game”. Really, if you bet with small stakes, you will slowly and surely lose because of the negative mathematical expectations in the casino games, and the bonus will only prolong an agony, and won’t help you to win. Indeed, since a player expects to lose anyway thanks to the build-in house edge, and due to the non-cashable terms of the bonus, where is the profit?

Professional players tent to wager sticky bonuses aggressively. Somebody bets the entire amount on chances, in the hope to double it. Even though it is not possible to cash out the bonus, professionals can use it to win money that can be cashed out. Just imagine, you stake all $200 on chances, with a probability of 49% you would win neat $200. With a probability of 51% you would lose your $100 and $100 of the bonus. That is to say, a stake has positive mathematical expectations for you $200*0,49-$100*0,51=$47. 파워볼사이트

The difference between cashable bonuses and sticky ones is that the closer you are to meeting the casino wagering requirements the less aggressively you should play your cashable bonus, it would be yours anyway. So why should you risk. Besides, conservative wagering of cashable bonuses would help to avoid big fluctuations of the hands results. With the non-cashable casino bonuses the profit comes from the fact that a player can wager with the casino’s money and keep the winnings. Betting sticky bonuses aggressively would help to avoid “work hard” through the whole wagering requirements and get the results early. If number of big wins comes early, a player can always cut back the bets and “work hard” through the wagering requirements with smaller stakes to protect the winnings from that point on.

Categories
Uncategorized

Casino Gambling – The Types of Casino Bonuses

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. 먹튀검증

Welcome / Sign Up Bonuses

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.

 

Categories
Uncategorized

Making Money With Online Casinos

Everyone enjoys going to casinos but it is not always an option. The cost of traveling and hotel stay while you are at the casino all adds up. It’s all money that could be spent having the real fun, instead of covering the fees to have fun. Online Casino is the next best thing to use if you want the casino experience at your own home. With casino online games people can make money just like they could at a real casino just less of a cost than taking the trip to a casino.

How do I start making money with online casinos?

To start the process, find the casino online game you want to use. Play some games and see if you like the casino, if not look for another one and then do the same thing. Once you have decided on a casino game research, make sure that it is an online casino that will not cheat you for your money. You don’t want to give your credit information until you know the casino is safe to use. Once you have determined that the casino online is secured then you can sign up and begin to play and make money.

Does it take a lot of time to make money with the online casino?

It is actually better to take time to make money. If you invest a large amount of money right away and lose a bunch of it then just like in a real casino you have the possibility of losing all that you have invested. It is better to invest a little money at a time and see what happens. If you win some money then good but if you lose it, then at least you stay relaxed because you have not invested so much that it could hurt your finances. As you win, transfer the winning money and put it into your account so that you don’t lose it all again. Slowly you will start to make some money and be able to build more and more this way. Treat your winnings as savings. 먹튀검증

Do the casinos keep a percentage of my winnings?

Most casinos let you keep all of your winnings. There is not a percentage or cut for the online casino. If there is then you may need to be careful because this may be a bad casino website for you. Some casinos have a point system where you can win points when you win and then turn those points in for cash. It just depends on what you are looking for and how you want to make your money.

How do I get my money?

Many casino sites offer payments through PayPal. When you withdraw your money there might be some fees you would have to pay. The same may occur with your personal bank because there may be the option to have money sent to your personal account as many bank accounts cut out a small fee. The choice is up to you how you want your money and it may depend on the methods of payment available at the online casino website.

 

Categories
Uncategorized

Striking the Best Deals With Regard to Boat Sales Online

For some people having a boat is a necessity while for some others it may be associated with luxury, relaxation or pursuing a hobby like boating. To get the perfect boat for oneself may not be an easy task. Whatever may be the reasons you always need to have it to fulfill your requirements. You can either purchase a boat through a dealer or through any boat sales online website.

Boats are built for different purposes such as cruising, sailing, yachting, skiing and so on. Further, they also come in different shape, sizes, color, design and prices. As such deciding on which one to buy can be quite an overwhelming task. In this regard you need to consider certain essential points while buying a boat for yourself.

Steps to follow

The first and foremost point to keep in mind while purchasing a boat from any sales agency is the budget. Depending on your estimated budget you need to narrow down your search. Deciding on a budget will also assist you in ascertaining whether to purchase a new or second hand ferry.

Most of the people have a notion that the cost of repairing the boat may be higher than the new one and that it may last only a couple of months. This discourages them from going for used boat sales. This is a popular misconception. At times old boats are sold in perfect condition and may even cost less then the new one! Budget Boat

Many a times it also seen that old boats provides the same level of service as that is offered by the new ones and on top of it, it costs much less. This is the reason as to why there many people also prefer to buy old boats from the boat sales agencies.

The second point to keep in mind is to check out many different boat dealers. By visiting several boat sales agencies you can get a clear idea as to from where you can expect to get the best deal on a boat.

Last but not the least you should look into the different advertisements as well. From the advertisement you can contact the appropriate boat dealers and can clarify any query that you have on their mind regarding quality of the boats. This will assist you in knowing the extent of the damage of the boat and then you can claim discounts on the boat accordingly.