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27
Aug
Author: Chris // Category: Las Vegas Casinos
Expedia.com is also benefiting from the recession in dealing with Las Vegas hotels and casinos. Las Vegas has been Expedia’s top vacation destination for many years and now they get to offer massive discounts in order to sway customers to travel to their favorite destination.
In comparison to a year ago Expedia.com and hotels.com have seen double digits in terms of bookings for Las Vegas hotels and casinos. These large discounts are drawing in tourists by creating once-in-a-lifetime rates. Gamblers are used to a certain costs associated with a Las Vegas hotel and now they are seen four and five-star hotel rates comparable to that of two in three-star hotel rates in years past.
Las Vegas hotels and casinos have not seen the end of their challenges during this recession. Currently there are more rooms available in Las Vegas than in years past and that number is only going to get worse. As the CityCenter opens it will be an additional 4000 rooms at the Aria Hotel available for guests. Initial plan for the CityCenter’s gambling hotel was to start the roommates at $359 per night. This is the expected goal for January when they bring in the consumer electronics show. The high price hotel rooms are expected to go for $700 a night during this convention.
The current trend is to bring in tourists since the business convention budgets were usually the first ones to be cut. Las Vegas has been a huge convention location for many businesses and now with the declining economy most businesses are keeping the conventions closer to home. As the Las Vegas casinos and hotels strive towards gaining more tourists they are being affected by not making use of their posh suites and conference rooms as they had in the past. As the cycle continues things will only become more challenging for the Las Vegas hotel casinos.
27
Aug
Author: Chris // Category: Las Vegas Casinos
The price wars wage on in Las Vegas casinos as a declining economy is causing the large resorts to compete in order to gain customers. From the customer standpoint this is the best time to go to Las Vegas to gamble.
Last week saw many of the hotel casino resorts competing for customers to the extent of the encore Hotel and Casino offering sweets for $109 per night with a $50 credit towards resort purchases.
Rob Kronman, from Los Angeles was expecting to pay nearly $400 for this suite. “I’ve stayed at the Hilton and Monte Carlo but this was a whole level above,” he said. “It was an extraordinary stay in what was probably a $400 room.”
Jackie Degreggorio snagged a spot at the lodge your hotel and casino for $180 a night and a total of four nights. Her room gave her a view of the fountain show has become famous in the city of Las Vegas. This was more than a bargain for a Philadelphia schoolteacher.
“I probably would have paid more, but I felt better about getting the discount,” Degregorio said. “It was definitely worth it.”
The prices of Las Vegas hotels and casinos has dropped lower than it has been since around 1997. The financial crunch that the economy is in right now has caused there to be a great battle in the casinos however the customers are reaping all the rewards. One of the methods of advertising for these huge discounts is to place their ads on Priceline.com. Priceline recently has been advertising Las Vegas four-star hotel rooms which initially start at $90 in three-star hotel rooms starting at $66. Gold is marketing plan is to get the tourists to the location. Once the tourists arrive and Las Vegas they find themselves shopping and restaurants in malls and spend the money and casinos. Recently it has been more important to raise the occupancy rate than it is to get from the per room rate.
27
Aug
Author: Chris // Category: Uncategorized
The two nightclubs are owned on the outside, in Miami Florida, so it has been difficult for the owners to manage the long distance hotel casino clubs. However, now they are going to be vigilant about keeping tabs on the clubs to make sure it is a smooth transition.
Now the management team at the hotel casino night club have been replaced and owner Roman Jones is planning on keeping a tight grip on the venue. “I’m going to be spending much more time on property until I feel confident that the operation is running smoothly and to the level we want and the community expects,” Jones said. “Once we go through this process it’s going to bring a higher standard to all nightclub operations in Las Vegas. The outcome will be positive.”
According to Jones, he believes that this crackdown is going to lead to a shift in the culture of the clubs on the Las Vegas Strips. Many clubs that are operating inside hotel casino resorts feel immune to the regulations and feel that they are tucked away enough to not get caught. This lends itself very well to the phrase “What happens in Vegas…” However with this new enforcement of regulation these night clubs will soon change their tune or face a hefty fine such as the $500,000 that Prive’ and Living Room faced for their violations.
Another change that has occurs remains in the casino personnel staff. Before the crackdown, hotel casino personnel had to be escorted through the casino club by security. Now they have the freedom to walk through unaccompanied. This allows for one more set of eyes to observe the regulations of the night club.
“I find myself very, very confident that it’s a seamless operation (between the club and resort),” Jones said. “That is really the key to the success of the club.”
27
Aug
Author: Chris // Category: Online Casino News
There has been a huge crackdown in the hotel and casino industry for violations. Recently the Planet Hollywood hotel and casino night club lost their liquor license for violating many safety regulations. In July both the Living Room club and the Prive’ were without their licenses as of July of this year.
Now guests didn’t seem to notice that the club inside the hotel casino was closed down as every weekend is a new batch of tourists ready to walk in and enjoy. The bars located in the hotel casinos received a temporary license just five hours before opening their doors.
“The weekend is about visitors to the city,” Planet Hollywood founder and hotel and casino resort co-owner Robert Earl said Friday. “I am expecting them not to even be aware of the problems that occurred because they’re a crowd who in the last month haven’t been to town.”
“The reality is there is nothing that has happened that would really concern the patrons,” Privé principal owner Roman Jones said Friday. “But we’re going to be very, very careful to manage.”
According to the Clark County Business License Department, the hotel and casino clubs lost their licenses due to poor oversight by the management team which caused them to be charged with three violations. One violation included the club security allowing topless activity within the bar.
The casino and restaurants of the Planet Hollywood resort were directly effected by the closing of the night club as it drew nighttime guests to other venue that offered night club activities.
“A nightclub is an important component of each of the properties on the Strip,” Earl said. “It brings a different crowd at different hours that consume different product.”
After the Casino regulators stepped in to stop the activity, the night club is ready and willing to participate and no longer take risks. “It has caused us to have increased vigilance,” Earl said. “We clearly dissatisfied the (casino regulators) and it is our full intention for that not to occur again.”
24
Aug
Author: Chris // Category: Las Vegas Casinos
Microgaming has released their latest in online casino games. This time they have brought to the table eight new exciting games for online players. These games are bingo games that range from video slots, scratchcards, as well as casual and UK pub-style.
Since bingo has once again become the rage in online casino gambling, companies have been creating many side games that the players can entertain themselves with while waiting for bingo balls to be drawn.
The first online video slot that Microgaming has released this month is Big Break. This game is a 15 payline slot that offers many features of the popular online slots. Monkeys and apes entertain you as you search for the Lucky Break symbol on reel five. Other symbols include scatters and multipliers adding more excitement to the online player.
The next game released was Harvey’s. This online slot machine is a 25 payline slot that offers the player between six and thirty recurring spins. Alongside the extra spins are the multipliers (up to 25) that add more bang for the buck.
The third new online slot for Microgaming is Don Deal. As you become the “Don” of the casino you can enter this mafia style online world through this three payline online video slot.
The fourth game released this month by the Isle of Man online company is Three Wheeler. Spinning wheels take the place of dice in this exciting online gambling game where each wheel spins independently. The spots on the table represent the bets and an online player wins when he or she matches their bets to the result of the spinning wheels.
Hairy Fairies and Turtley Awesome are two new online scratchaard games. These games offer rewards when players match three symbols from the 9 or 12 choices.
The last two new online releases are Lucky Darts and Billion Dollar Gran. One provides a single reel along with feature games, and the other offers the opportunity to search for jewelry boxes and cups of tea.
24
Aug
Author: Chris // Category: Casino Games
Mahjong Logic , the online gambling software developer for the popular game has announced a new virtual game. This online game is predicted to attract 700 million global players.
“With our mahjong software, players all over the world can play mahjong against each other,” said Jonas Alm, Chief Executive Officer for Mahjong Logic.
“This is the first true network-based mahjong solution on the market and five licensees has already signed with Mahjong Logic. Two Licensees have been beta testing the software during the summer and the feedback from players has been very positive.”
Mahjong, the popular asian gambling game has been increasing in popularity worldwide. The Chinese gambling game is traditionally played with four players and involves the players using skill, strategy and calculation. The last factor involved in the game is luck, as with any other gambling game.
The online game has taken on the same form as the physical game where a player draws between thirteen and sixteen tiles and as they draw another, they discard one. Depending on the game you are playing the player has a goal of making four or five melds and the game is completely over when on one “draw” they complete their hand with no more tiles left.
The Mahjong gambling has transformed as it has crossed cultures throughout the world. Now the variations between cultures can be seen in the different styles of play. The oldest version of the gambling game is the Chinese Classical version, however, now there are: Hong Kong Mahjong, Sichuan, Taiwanese, Japanese, Western Classical, American, Three Player, Singapore, Fujian, Vietnamese, Filipino, and Pussers Bones.
Some versions of this gambling Mahjong even include different verbiage. For example: Pussers Bones was created by the Australian Navy and therefore use new terms such as Eddie, Sammy, Wally, and Normie, instead of East, South, West, and North.
Now this online gaming network, based out of Sweden is going to offer online play for fun Mahjong for the next six weeks before it activates the real money site.
24
Aug
Author: Chris // Category: Online Casino News
Neovia Financial, an online independent payment provider has revealed the results of the first 2009. This Isle of Man-based company shows that its results are comparable with the market forecast for online gambling. The company has stated that although the economic challenges in the second quarter but many other online casino companies have faced, they’re still on track for the new year projections. The challenge is that the company and many other online companies are facing right now are expected to continue which could dramatically affect the results of the first half of 2009.
One way that companies can come back to drowning economic conditions continue to increase their customer base for online gambling. Neovia Financial has improved their active customers by 3% from the previous quarter, showing a large improvement even in the most challenging situations.
Traditionally the second quarter for online companies is more difficult than the first quarter as the summer months usually affect many companies both online and land-based. Tourism and a poor economy all play a factor in the decline of the second quarter. As government announcements continue to shock and scare consumers companies have come up with new and innovative ways of drawing the customers back in.
The online firm will continue to push forward although their first-half margin of 2009 will be lower than the same time period in 2008. According to the firm they have been managing cost control in an effort to keep their margins slightly higher than expected.
“The Board and management team remain focused on maximising revenues, maintaining control over costs, delivering a capital programme to support the strategy for the future and preserving cash to deliver value for all shareholders,” said Dale Johnson, Chairman for Neovia.
“The board continues to be optimistic about the outlook for Neovia for the full year but is mindful of the ongoing external market conditions.’
24
Aug
Author: Chris // Category: Las Vegas Casinos
IG Group Holdings is going online purchasing a new software and gambling domain name known as BetsForTraders.com. IG group has signed a deal with trading specialist Trinitas Capital Limited in order to expand to the online gambling market.
After pairing up with IG group holdings, Trinitas Capital Limited has reported that it sold its betting business to Regent Markets Group. Regent is an online competitor with its gambling site, BetOnMarkets.com.
Now the online financial group, Trinitas will focus their attention on reconfiguring the technology to assist the IG Group on building up to online gambling sites. The two companies will focus on capturing the global market for online gambling as Trinitas continued to tailor their software and development that are attacked the marketing aspect online.
“The team at Trinitas has developed an innovative approach to dealing on financial markets,” said Peter Hetherington, Chief Operating Officer for IG Group.
“IG Group is very pleased to be acquiring its software which, with additional development, will allow us to further strengthen our wide range of products.”
IG Group Holdings began their spread betting venture in 1974 under Stuart Wheeler. Since then they have continued to move with the changing technology and have grown into the online gambling market in an attempt to spread their business world-wide. The company has been publicly traded on the London Stock exchange since 200 under the title IG Group Plc.
“We are delighted to be selling this software to IG Group and look forward to working with it to ensure that its clients benefit from the latest in real-time pricing and execution on non-standardised products,” said Nick Maughan, Chief Executive Officer for Trinitas.
“This transaction is part of a broader restructuring as our group companies move away from non-core activity and expand the focus on market-making and financial software service provision.”
24
Aug
Author: Chris // Category: Casino Games
Australian online gambling company, SportingBet has pushed for the national favorite pastimes to create a new online gaming experience. V8 Supercars Australia is known for the fast-paced action of motorcar racing and has now signed a deal with online gambling company SportingBet in order to allow fans to place their bets online. Although these events draw in large numbers, the company is hoping to capitalize on the boom of online gambling and draw more fans into participating in to the website.
According to Michael Sullivan, chief executive officer for supportingbet Australia “V8Bet.com.au will have a range of motorsport markets that have never been seen before in Australia with everything from our normal win markets to quinellas, head-to-heads, lap times and many more.”
The online company will continue their other gambling ventures as well as the addition of the new V8 racing. “V8Bet.com.au will also have betting on all our regular horse racing, Australian Football League, Rugby League and a huge range of other sports on top of all the new motorsport markets. It will be the one-stop-shop for punters and particularly those with an interest in V8s and other forms of motorsport.”
“This is a tremendous opportunity for our fans to get a bet on the Championship with a totally reliable and Australia-wide betting organisation, one of the largest in the Southern Hemisphere,” said Tony Cochrane, Executive Chairman for V8 Supercars Australia.
“You can make a bet on any of the major sports and horseracing but V8Bet.com.au is designed with a focus on our fans. We welcome SportingBet to the ever-growing stable of leading companies involved in V8 Supercars and we are certain that, over time, this will prove to be a strong partnership that will help grow our sport.”
As a fan-based gambling sport, V8 Supercars relies on heavy marketing to draw the fans to their online site in order to place their wagers in a more convenient and efficient manner.
24
Aug
Author: Chris // Category: Online Casino News
Nevada, home of Las Vegas, the gambling capital of the world could benefit from the overturning of the ban on online casino gambling. Nevada received their license to gamble in legalized casinos in 1931 and has since led the casino industry. Since they have been in the gambling industry longer than any other casinos they have the best opportunities to take advantage of online casino gambling if and when it is approved by the United States Government.
Now that these land-based casinos have established themselves in the gambling industry they will have the best opportunity to capitalize on the up and coming online casino market based on their long established names. Now, people who love to gamble at names hotels and casinos will be able to find their favorite place right online.
Online casinos will be taxed using the same methods imposed on the land-based casinos at this time. This also plays into favor of Las Vegas since their current taxation for casino gambling is a mere 6.75 percent whereas other states are dealing with rates as high as 50%.
Chairman of the Nevada Gaming Control Board, Dennis Neilander, said, “the state’s existing laws could easily be tweaked to conform to the proposed federal rules.” He continued, “We have the enabling legislation in place that would allow us to go forward with the concepts that I’ve heard are being discussed,”
Greg Gemignani, a gaming attorney for the gambling state of Nevada stated, “There are a substantial number of Nevada licensees with experience in the technologies, systems and management of systems that can be used for online gaming.”
Gemignani also said, “Given Nevada’s current laws permitting interactive gaming licensing, Nevada is well-placed to be at the fore front of regulating online gaming and providing assistance to the federal government in determining the suitability of applicants.”
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