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27
Sep
Author: Chris // Category: Online Casino News
The United Kingdom Advertising Standards Authority has a new beef with an online gambling company for an e-mail marketing program that was recently released. The issue was extended to the British online gambling operator, Betfair Limited. In their marketing strategy, the online gambling company in released an e-mail advertisement that showed off a sexy, top-notch professional poker player, Annette Obrestad.
The slogan for the new online was merely just a picture of the professional with the words written, ‘online experience is measured in games, not years. Join the new breed’.
Clearly the online gambling company was trying to hit that the younger players and draw in a stronger demographic. The picture of the 20-year-old poker player was to assist in this process by appealing to young men in 20 to 35 year age range. This is a strong demographic that could lead to increased potential revenue in the company was ready to search for new blood.
According to the United Kingdom’s ASA, the advertisement was believed to be catering to people that were much younger, including underage gamblers. With the online poker player being featured at only 20 years old, the standards require that any face that was used for must be at least 25 years of age in order to become the focus of an online gambling campaign.
Since the model was under that legal limit, the ASA feared that it would be drawing in minors to the online casino gambling world. Betfair stated that it was not advertising for underage gamblers, and suggested that it’s e-mail techniques and marketing through sophisticated technology was placing advertisements in the legal gambling demographic. Also according to the online gambling site, the 20-year-old Norwegian was considered an adult and thereby not considered a child or young person according to the United Kingdom’s ASA and gambling act.
27
Sep
Author: Chris // Category: Online Casino News
Bwin has been hard at work again in online gambling district as its interactive entertainment AG sector recently took over publisher and developer, UnitedGames. These top online gaming companies have been active in the European market to have captured audiences from multiplayer online games.
The combination of these two brands will maximize the resources of both companies in building a better product for online gambling player. Bwin, based out of Australia was looking forward to capturing the European online publisher and developer in order to expand its already growing database of customers.
According to co-Chief Executive Officer, Manfred Bodner, “UnitedGames brings a lot of interesting technology and know-how to the relationship and we look forward to taking online gaming to the next stage of evolution.” By pairing up with these two companies, they will expand the multiplayer online games and pave the way for new innovative full functional online games.
UnitedGames first launched in 2007 with its complete focus on online multiplayer games. This is the area that Bwin Interactive saw as an opportunity for future growth in the online gambling market.
Both companies have a lot to offer each other as they have each establish their own brand but now has a built in integrity with the online gambling market. Each brand also carries with it a vital improvement on the current activity for online casino gambling.
UnitedGames has made quite a name for itself as it has captured over 17 million online players in over 178 countries. Their ability to access foreign markets and provide services with in those domestic languages has put them on the top of online gaming providers. Currently it has in its arsenal over 20 online multiplayer games that are offered in different languages, with their own specific brand of marketing and advertising. By adding into this mix, Bwin, they will continue to dominate the global online gaming market.
27
Sep
Author: Chris // Category: Las Vegas Casinos
Every month is the same thing in the casino industry for Las Vegas. Now it is just one more additional month totaling a 19 month decline for the economy in Las Vegas. This time, casino revenues have dropped nearly 11% year on year for July. As we have been tracking the casino industry, Atlantic City has been facing similar decline as the recession continues to beat up on the land-based casinos.
The revenue generated for the month July through the casinos ended at $461.3 million, a considerable difference from the same time last year. According to the gaming control Board of Nevada, the Las Vegas strip casinos have taken a beating of more than 10% in every single month since September of 2008. The only exception to this rule was in May 2009 with a strip casinos dropped only 6.4%.
The unfortunate situation is that the East Coast contains many similar casino brands that are seen in the Las Vegas strip. Such casino giants are being hurt on both coasts of the recession continues to pound away at their profits. Tourism is at an all-time low and continues to drop though hotel and casinos have lowered their rates in order to raise their occupancy.
Some of the rates for gambling passed below the 10% decline as February saw a 23% drop in October of last year saw a 26% drop. The 14% decline in July set a new record for the month of July in its year on year drop. A large portion of this decrease revenue in the casinos is due to the lack of tourism and the lack of traveling from state to state. Airports have also felt the effects of the recession and had tried to duplicate the casino industry system of lowering rates in order to increase passengers. Many daily flights have been removed from the schedules of the airlines in order to keep the occupancy rate high.
27
Sep
Author: Chris // Category: Online Casino News
After years of being in a slump, the casino industry is now hoping to pull itself out of a very dangerous situation. With billions of dollars invested in the industry, many casinos have been fighting to keep their doors open to gamblers. Stiff competition around the world as well as the newly added competition of online casino gambling, all are aspects that are holding back the casinos from driving.
One area that has seen a dramatic change is not how, where analysts are now saying that it is beginning to take off. This is especially important for the MGM Mirage casinos as well as the Las Vegas Sands casinos. These two companies are hugely affected by the Macau market and can see a large generating of revenue from these Macau casinos.
For the past 18 months the entire casino industry has suffered, including Macau, but now that the visas are being accepted by the Chinese government, more visitors will be allowed to visit the Macau casinos. Once China imposed this ban on travel to and Macau, visitors were only allowed to fly there twice a year. The newly imposed law allows for visitors to come once a month to enjoy the casinos in Macau.
According to JP Morgan analyst, Joe Greff, “China should remain one of the faster-growing countries in the next decade.” We have seen this kind of progress in Macau as the upper class have found their niche at the baccarat tables.
Macau casinos showed huge growth in 2007 as the revenue increased by 46% then again in 2008 when it rose 52%. The end of the year 2008 began the 18 month slump showed a drop in revenue by 9%. Now that voters have been opened this could change that small percentage and bring the Macau casinos back into the positive. According to Greff, he believes that this slight change could increase the revenue by 14% in 2010.
27
Sep
Author: Chris // Category: Las Vegas Casinos
One of the top complaints with online casino gambling is dedicated to those using PC platforms, therefore creating limited access for Apple users. This system is about to change, especially with the entrance of mobile devices being made available for online casino gambling.
The iPhone has been one of the top products that have inspired online game developers to format their platforms to make them compatible with Mac operating systems. As the iPhone is one of the top phones and PDAs in the world, it adds the most flexibility and opportunity for online gambling and online casinos.
Now, casino developers are expanding their horizons and creating platforms that are also able to be utilized for Mac computers. Only 10% of computer users currently own Mac computers, therefore making it a seemingly small group to cater to. This is all changing now as online casino developers are realizing that they’re losing a great deal of money by not reformatting their platform to also accept the Mac operating system.
PKR is a new and innovative 3-D online poker room that is pushing the envelope for online gambling. Now it has decided to open up its products to more users and create a platform that is also compatible with the Mac operating system. This 3-D gaming allows players the opportunity to feel like they are actually at the tables with features not seen on other two-dimensional games.
This online poker game is fully customizable so that each individual player can choose every aspect of their avatar from voice, to hats, shoes, tattoos, body piercings, hairstyles and many other aspects. As you progress in the online game you can use your points to purchase new items for your avatar.
According to chief executive officer, Malcolm Graham, “With our community always at the forefront of our minds, we’ve moved in response to popular demand from some of our fan base who were, until now, unable to play PKR on their systems.”
27
Sep
Author: Chris // Category: Las Vegas Casinos
The United States continues to clamp down on alleged online casino gambling. The current state in this country is that online gambling is still illegal, therefore any individuals or banks that are participating in such activities will be penalized under the law.
As a method of protection and prevention, the police have began seizing bank accounts from individuals as well as companies are suspected of participating in online casino gambling transactions. Recently we’ve seen many Internet cafés and possibly 50 people arrested for activity in such gambling cafés with no real end in sight.
New cafés are popping up every day as well as many banks funding opportunities to skirt around the system and provide services that eventually lead to moving transactions from banking to online Casinos. Such Has Been the Case in Baltimore, Maryland, where police continue to seize bank accounts in connection with online casino gaming.
Recently, Forshay Enterprises, Inc has been the latest victim of police arrest under the guise of participation in online casino gambling. The company owns and manages six accounts at look of your bank that the police feel is directly related to money laundering for online casino gambling.
Electracash, Inc. is a second company, this one based out of New York that has also been shut down for its connection with online gambling. This shows that New York and Maryland have both taken seriously the threat of online gambling in the United States and are attempting to uphold the law. This law was set in motion in 2006 and now is undergoing further debate in 2009 with the hopes of overturning the ban on online casino gambling.
Online gambling in the United States is a billion-dollar industry and most of it is located offshore as. If the ban were to be lifted for online casino gambling in the United States, the government and the local communities could then tax these companies can generate revenue from their business. Until that time, many big accounts will be seized for their participation in online gambling.
27
Sep
Author: Chris // Category: Casino Games
Many online casino gambling companies are beginning to jump on board the train of social networking that has led to huge successes in advertising and marketing. Today one of the top online casino gambling companies, youbet.com has joined the ranks of these other companies and try to improve on the possibilities of networking in coming up with new and innovative ideas for the future of online gambling.
Currently it has released a beta version known as: WhoDoYouLike.com. This online site is a social networking site that allows gamblers the ability to discuss horseracing tracks, horses, trainers and jockeys all in real-time. This will boost the knowledge of the game as well as creating social interaction between the players.
This robust online program gives players the ability to have endless amounts of information right at their fingertips. The engine will aggregate and organize by topics, therefore making it easy to use for the online player. This type of structure will be user-friendly and will join all the conversations within the mechanism as well as drawing in other conversations from other social networking sites such as twitter.
This new site will allow fans of horseracing the ability to watch the races online and interact with other players in real-time. This new experience is geared towards the techies in the younger generation are constantly using Facebook and twitter and social networking sites such as these in order to keep the world up-to-date with their activities and stay in touch with everybody else’s activities.
This new process will allow online gamblers the ability to follow their favorite sports and their favorite tracks even when they don’t have the ability to travel to them. In fact, some gamblers may find a new track located elsewhere in the United States that they had not known about previously. According to chief marketing officer, Jeffrey Grosman, “We plan to let the customers shape the direction, functions and new core applications on the site.”
27
Sep
Author: Chris // Category: Online Casino News
Cardiff City of the Championship has joined the ranks of many others who have received official sponsorship through online gambling sites. Recently, the club announced that it has come to a one year agreement with online betting company, 777ball.com.
Online casino gambling sponsorship is beginning to thrive, especially in the United Kingdom, where the legalization of the gambling has been brought public and is well received and accepted. This adds the freedom to advertise for these online companies and work hard to get their name out. As many companies have already take a turn at sponsoring a major spots team, 777ball.com will now be another addition, bringing online gambling into the limelight.
The sponsorship will provide the online gambling site, it’s logo on the shirts of the second tier soccer league. Cardiff was edged out last year when it nearly made its way into the playoffs which would have bumped it into the premier league.
The online gambling company is based out of the Philippines and has placed its focus on online gaming featuring a new service for downloadable sports engines. They also provide many traditional casino games as well as live casino dealers. Chief executive officer of 777Ball.com has stated that this agreement “represents a milestone for 777Ball.com getting a foothold in the global market.”
The look of the online gambling site is clean and attempts to tackle the Asian market with flashy animation and graphics as well as sexy young women to help promote their products. Along with their downloadable sports engines, they offer an Asian themed player to player game selection that is unique to their website. Now with this new agreement and its introduction into the soccer leagues at the United Kingdom, they will also be awarded a bonus structure for the performance as the year progresses.
27
Sep
Author: Chris // Category: Las Vegas Casinos
The Wynn Casino resorts have been paving the way into China with their latest options for the Chinese stock market. By providing these shares, they are therefore building stability within the Chinese market. Owner of the casino company, Steve Wynn, has been a strategic planner for his casinos from the inception and now is being challenged in the area as other casinos are beginning to break ground.
Singapore has released that two more casinos will join the skyline and are promising to offer lower taxes on the casinos, therefore hoping to draw in the big money and the high rollers.
Steve Wynn has enough strength in his casinos that is not fearful of the new additions to the Macau market. Although Wynn wont be completely effected by this new casinos, he will most likely only lose on the higher end of the scale.
The taxes for casinos can be quite substantial, especially as you begin to deal with the larger bank rolls of the high rollers. Takes in Singapore will be at a 10% rate, in contrast to the Macau market which currently stands at a 39% rate. These casinos will be opening in the next year or so, and will allow the operators a huge marketing advantage to the high roller crowd of gamblers.
Wynn said in a statement, “People from all over will go to Singapore to check it out, some more than once,” he then followed up with, “But as far as in the day in, day out, month in, month out of our business, proximity is the most important factor.”
Wynn knows that the Chinese government has a lot of control over the casinos in their market. They are very protective of Macau and are interested in making Macau the “IT” spot for gambling in china. With their control, they will not let Singapore succeed in out doing them in the casino industry. Especially when it comes to drawing in revenue for their country as a whole.
27
Sep
Author: Chris // Category: Casino Games
Atlantic City continues to struggle through the depression as all the major casino resorts are being affected by the lack of tourism in the town. This was the third consecutive year that the Atlantic City casinos have been hit hard by the recession and at this point there is no end in sight.
The month of August was excruciatingly tough for the casinos as they dropped 16.3 percent from last year. As noted in the Associated Press, the revenues within Atlantic City fell over 15 percent year on year down to $2.7 billion.
Many factors are taken into account when detailing these casinos. The obvious lack in tourism to the state is similar to that which is suffered in Las Vegas as well. Another factor is the recession itself, as gamblers are not spending as much money at the slots and tables as they were three years ago.
Lastly, there has been a resurgence of casinos in the tri-states area, therefore creating stiff competition. The Sands Bethlehem in Pennsylvania has opened its doors and expanded its workload in order to accommodate the pour in of customers over the weekends. Now with casinos in surrounding states, Atlantic City is having a tough time in edging out the new casinos. This also creates a problem as some of the casino guests that used to come to Atlantic City now have casinos in their own home towns, therefore making it unnecessary to travel to Atlantic City.
The month of August is usually a big month for Atlantic City, but this year, all eleven casinos that were reporting losses shot down between 6.9% and 30%.
The Tropicana escaped the most pain with the 6.9, where as the Trump Plaza Hotel and Casino was hit the hardest. Of the lower losses was the Resorts Casino Atlantic City. It only fell7.8 percent, however it doesn’t have the stamina of the other casinos and is now looking to sell as it can no longer make mortgage payments.
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