PAF is known as a sportsbook, which has been created using e-gaming software such as Boss Media, Suprertoto, Jadestone, Ongame and PAF. It has been licensed in Aland Islands and is one of two gaming sites owned by PAF group. The primary language of the site is Finnish and it supports downloadable software. The players are also able to place a bet without a download. It must be noted that PAF belongs to International Poker Network (IPN), which is operated by Boss Media AB.Game lovers will be glad to know that at PAF, you will find a complete online casino, poker, bingo, a sportsbook, backgammon and many more games. Because of its ability to download the software or play online, the players can experience fun and excitement of playing casino games which they have never experienced before. Apart from providing online games, the provider also has games onboard ships and at corporate which support games on Aland Islands.One of the amazing facts about PAF is that, the losses faced by the players who play these games are contributed towards charitable causes. So, they can feel good about their losses. It offers more than any other online casinos or land-based casinos do.In case, you are confused about playing game and have some queries, you will find that the customer support is always there to help you out. You can in get in touch with them to get information about downloads, bonuses, various promotions and money transfers. The queries are handled in highly professional manner to assure a complete resolution.
Red Flush is a brand new online casino that makes a striking first impression with its crisp, no-nonsense interface, user-friendly site and none of the senseless, flashing marketing hype that sometimes makes an online casino seem off-putting.Licensed by the Kahnawake Gaming Commission, Red Flush Casino accepts players from around the world and offers its software in English, Spanish, Italian, French and German. This online casino is powered by Microgaming and therefore offers a gaming experience that is as smooth as they come.Software and Games
There are literally hundreds of games to choose from at Red Flush Casino, offering players one of the largest selections on the internet. There is an impressive selection of blackjack choices at the site, in addition to other favorite card and table games. Red Flush Casino boasts that there are more video poker variations on its site than at Vegas, and the range is certainly impressive.There are so many slots options at Red Flush Casino – over 150 of them! – that players will never, ever get bored at this site. Anything – from classic three reel slots to the latest video slots with amazing bonus rounds – is found at Red Flush Casino.For extra big wins, players can try their luck at the 21 Microgaming progressive jackpot games that offer some of the biggest prizes available in the industry.As a Microgaming-powered site, it can only be expected that the software at Red Flush is superb, with crisp, realistic graphics, awesome sound features and other unique offerings to make gambling pure pleasure.Bonuses and Promotions
Red Flush Casino offers first time players a generous match bonus that certainly makes it worth their while to open an account here. In addition, as a new site, the casino goes out of its way to offer unique bonuses not found at any other online casino. For example, the site will reward handsomely any new player who has ever won a significant progressive jackpot at any other site in the industry.Players start to earn Red Rewards from their first bet and automatically become members of the Red Flush Casino Loyalty Club when they fund their online casino accounts. Comp points are exchangeable for casino credits and players can move up the four-tiered club to benefit from serious rewards!Payment and Payouts
As an online casino with an international flair, Red Flush Casino accepts payment in a variety of different currencies, including Euros, US Dollars, British Pounds and more.The casino accepts credit cards, as well as a host of alternative payment methods so that players should find banking at Red Flush both convenient and hassle-free. Winnings can be withdrawn in a similarly simple manner.Security
Red Flush Casino uses the latest security to ensure that their players’ personal and financial information is always well guarded. 128-bit encryption means that all data is secure whenever it is transferred over the internet.The site’s Random Number Generator is independently reviewed for fairness and the results are posted regularly on the site. This transparency policy is very important for players to see that they that getting the safest and fairest gambling environment possible.Support
Red Flush casino has put customer support at the top of the list of its priorities and this fact certainly shines through by the service it offers its players.Support is available by toll free phone from a large number of destinations in the world, including the United States, Germany, Italy, France and Australia.For those who are after live support, this is available through the live chat feature at the site, where friendly and knowledgeable staff are waiting around the clock to assist players.Naturally, 24/7 email support is also available at Red Flush.Red Flush Casino
Red Flush Casino has swept onto the market and is doing everything in its power to get players to try out its excellent products. This site has practically all that players could desire in a good online casino – winning software, good customer support, easy payment methods and a wide range of games. When all is said and done, Red Flush Casino seems to have hit on a winning combination that is sure to attract players from around the globe.This information was accurate when it was written but can change without notice. Please be sure to confirm all information directly with the casino.
The revolution in the world of gambling happened awhile ago when first online casinos started to appear on the Internet in 1996-1997. Almost immediately, online casinos attracted a lot of attention from both public and mass media. It was something new, something different, and so tempting to try for everybody who had access to the Internet. In the end online casino gambling proved to be so convenient, so secure and so advantageous entertainment for millions of people that it has become one of the fastest growing sectors of Internet commerce.These days you will find thousands of online gambling sites on the Internet with more being opened every month. The most visible difference between online and land based casinos is that online players can play their favorite casino games on the computer in the safe and familiar environment of their home. All online casinos provide customers with detailed information on the site, and a quick guide on how to play at the casino. Some online casinos will offer articles on various game strategies, and detailed information about rules of the games, so novice players can feel at ease while getting themselves familiar with the gambling parlor, its rules and policies. At land based casinos beginner players frequently feel intimidated by the noisy and busy environment, numerous service personnel and gate security guards. They often feel confused, intimidated and lost in the vast building space, being unable to enjoy the gaming process and to concentrate on the game itself. Online casinos allow players to practice, to hone their gaming skills and to slowly adapt to the new environment at their own pace. Most online casinos allow you free play tries so you can find out for yourself if this casino is what you are looking for. You can even play for real money without the risk to lose your savings by using no deposit bonuses offered by some online casinos as incentives for new players.Another advantage of online casinos may not be so visible, but it is a very important one. The odds of winning a game at online casinos are usually slightly higher, than at land based casinos. Due to lower maintenance costs for online casinos, they have been able to operate with fewer expenses 24 hours a day, without any days-off. According to the Casino Journal Magazine, the average payout for land based casinos is around 89%, which means that out of every dollar wagered at the casino, 89 cents are paid out to winning customers. At the same time, it is not rare to see payouts reaching 96-98% for online casinos, which means more payouts to playing customers!Another feature which makes online casinos so attractive is promotional bonuses and no deposit credits available at many of them. Using these incentives wisely, you can play games and have fun with the casino money thus saving some of your own.Be aware that besides reputable casinos with good service record there are a few online gambling parlors which have stained their reputation by dishonest practices, bad customer service, and slow payouts. You will be asked for your personal information before you are allowed to play online, and you want to make sure that your personal data is protected by the casino. Therefore, it is very important first to read online independent gambling guides to casinos to find out the players’ favorites, trusted and well-known casino sites. Secondly, read carefully the casino’s rules and policies. Third, try the casino for free before you start wagering your own money. Fourth, make sure that the laws and regulations in your area allow online gambling. Do not break the law!Online casino gambling offers exciting entertainment and fun pastime to players who are disciplined and can use self-control.
The Proper Care & Feeding of the Golden GooseUnder the new paradigm of declining economic conditions across a broad spectrum of consumer spending, casinos face a unique challenge in addressing how they both maintain profitability while also remaining competitive. These factors are further complicated within the commercial gaming sector with increasing tax rates, and within the Indian gaming sector by self imposed contributions to tribal general funds, and/or per capita distributions, in addition to a growing trend in state imposed fees.Determining how much to “render unto Caesar,” while reserving the requisite funds to maintain market share, grow market penetration and improve profitability, is a daunting task that must be well planned and executed.It is within this context and the author’s perspective that includes time and grade hands-on experience in the development and management of these types of investments, that this article relates ways in which to plan and prioritize a casino reinvestment strategy.Cooked GooseAlthough it would seem axiomatic not to cook the goose that lays the golden eggs, it is amazing how little thought is oft times given to its on-going proper care and feeding. With the advent of a new casino, developers/tribal councils, investors & financiers are rightfully anxious to reap the rewards and there is a tendency not to allocate a sufficient amount of the profits towards asset maintenance & enhancement. Thereby begging the question of just how much of the profits should be allocated to reinvestment, and towards what goals.Inasmuch as each project has its own particular set of circumstances, there are no hard and fast rules. For the most part, many of the major commercial casino operators do not distribute net profits as dividends to their stockholders, but rather reinvest them in improvements to their existing venues while also seeking new locations. Some of these programs are also funded through additional debt instruments and/or equity stock offerings. The lowered tax rates on corporate dividends will likely shift the emphasis of these financing methods, while still maintaining the core business prudence of on-going reinvestment.
Profit AllocationAs a group, and prior to the current economic conditions, the publicly held companies had a net profit ratio (earnings before income taxes & depreciation) that averages 25% of income after deduction of the gross revenue taxes and interest payments. On average, almost two thirds of the remaining profits are utilized for reinvestment and asset replacement.Casino operations in low gross gaming tax rate jurisdictions are more readily able to reinvest in their properties, thereby further enhancing revenues that will eventually benefit the tax base. New Jersey is a good example, as it mandates certain reinvestment allocations, as a revenue stimulant. Other states, such as Illinois and Indiana with higher effective rates, run the risk of reducing reinvestment that may eventually erode the ability of the casinos to grow market demand penetrations, especially as neighboring states become more competitive. Moreover, effective management can generate higher available profit for reinvestment, stemming from both efficient operations and favorable borrowing & equity offerings.How a casino enterprise decides to allocate its casino profits is a critical element in determining its long-term viability, and should be an integral aspect of the initial development strategy. While short term loan amortization/debt prepayment programs may at first seem desirable so as to quickly come out from under the obligation, they can also sharply reduce the ability to reinvest/expand on a timely basis. This is also true for any profit distribution, whether to investors or in the case of Indian gaming projects, distributions to a tribe’s general fund for infrastructure/per capita payments.Moreover, many lenders make the mistake of requiring excessive debt service reserves and place restrictions on reinvestment or further leverage which can seriously limit a given project’s ability to maintain its competitiveness and/or meet available opportunities.Whereas we are not advocating that all profits be plowed-back into the operation, we are encouraging the consideration of an allocation program that takes into account the “real” costs of maintaining the asset and maximizing its impact.Establishing PrioritiesThere are three essential areas of capital allocation that should be considered, as shown below and in order of priority.1. Maintenance and Replacement
2. Cost Savings
3. Revenue Enhancement/GrowthThe first two priorities are easy enough to appreciate, in that they have a direct affect on maintaining market positioning and improving profitability, whereas, the third is somewhat problematical in that it has more of an indirect affect that requires an understanding of the market dynamics and greater investment risk. All aspects that are herewith further discussed.Maintenance & ReplacementMaintenance & Replacement provisions should be a regular function of the casino’s annual budget, which represents a fixed reserve based on the projected replacement costs of furniture, fixture, equipment, building, systems and landscaping. Too often however we see annual wish lists that bear no relationship to the actual wear & tear of these items. It is therefore important to actually schedule the replacement cycle, allocating funds that do not necessarily have to actually be incurred in the year of accrual. During a start-up period it may not seem necessary to spend any money on replacement of brand new assets, however by accruing amounts to be reserved for their eventual recycling will avoid having to scurry for the funds when they are most needed.One area of special consideration is slot machines, whose replacement cycle has been shortening of late, as newer games & technologies are developing at a much higher rate, and as the competition dictates.Cost SavingsInvestment in cost savings programs & systems are, by their very nature and if adequately researched a less risky use of profit allocation funding then almost any other investment. These items can often take the form of new energy saving systems, labor saving products, more efficient purchasing intermediation, and interest reductions.These items have their caveats, one of which is to thoroughly analyze their touted savings against your own particular application, as often times the product claims are exaggerated. Lease buy-outs and long term debt prepayments can sometimes be advantageous, especially when the obligations were entered into during the development stage when equity funds may have been limited. In these cases it is important to look at this strategy’s net effect on the bottom line, in comparison with alternative uses of the monies for revenue enhancing/growth investments.One recent trend is the growing popularity of cash-less slot systems, which not only provide labor savings for fills, counts and hand-pays, but also serve as an aid to patrons who do not like to lug around those cumbersome coin buckets, while also encouraging multiple game usage.
Revenue Enhancing & GrowthLeveraging is the key catalyst of any revenue enhancing/growth related investment. It includes the following:o Patronage Base
o Available Funds
o Marketing Clout
o Management ExperienceThe principal is to leverage the use of the available asset towards achieving higher revenues & profitability. Typical examples include increasing average patronage base spending and widening the effective trading radius, by offering additional products/services, such as retail stores, entertainment alternatives, recreational/leisure amenities, overnight accommodations, more restaurant choices, and of course, expanded gaming.Master PlanningAnticipation of potential growth and expansion should be fully integrated into the project’s initial master planning so as it assure cohesive integration of the possible elements in a phased-in program, while also allowing for the least amount of operational interruption. Unfortunately, it’s not always possible to anticipate market changes, so expansion alternatives must be carefully considered.The Big PictureBefore embarking on any type of expansion and/or enhancement program we strongly recommend first stepping back and assessing the property’s present positioning relative to the market and competitive environment. As we have observed in numerous gaming jurisdictions around the country, often casino ventures that have been operating “fat and happy” for a few years, find themselves in a zero-growth period. Sometimes this is due to competition stemming from either/both new local area casinos or regional venues that have the affect of reducing patronage from peripheral area markets. Additionally, the current customer base may become bored with their experience and are seeking greener pastures. The historical growth of the Las Vegas strip is testament to the success of continually “reinventing” oneself.Our approach to these market studies is initially focused on determining the degree to which the current facility is penetrating the potential market and in relationship to any competitive market shares. Typically, this represents an analysis of the current patronage base in terms of information gleaned from the player tracking data base, and mailing lists, coupled with day-part, daily, weekly, monthly and seasonal revenue trends.This data is then interfaced with an assessment of the overall market potential to indicate the extent to which certain market segments are utilizing the facility and the needs it is fulfilling. More importantly however, is that this type of analysis will indicate those market segments that are not utilizing the facility more fully, and why.Occasion SegmentationAs our proprietary studies have indicated, casino markets are segmented by various characteristics of occasioned-use that also include typical spending & visitation patterns. The traditional methods of market measurements, including gravity models, usually only weigh the demographic characteristics of a given population, based on revenues achieved in similar markets. However, an occasion segmentation market analysis reveals more detailed information as to the reasons precipitating a casino visit, how they relate to the benefits being sought, and the degree to which the occasion determines average spending and visitation frequency. This type of data mining is far more helpful than gravity modeling, in that it can help determine the type of facilities and positioning strategies necessary to attract each market segment, by measuring their relative contribution to the aggregate potential. The process has been successfully employed in the restaurant business and other leisure time service industries, especially amid a widening supply/demand marketplace.Perhaps even more importantly, looking at the market from an occasioned-use perspective, reveals the extent and characteristics of the underling competition, that, in many cases not only include other casinos, but also alternative entertainment and leisure time activities, such as restaurants, clubs, theaters, and the like.Demand DensityAnother important aspect of occasion segmentation is in measuring overall market characteristics by day-parts, which is revenue density by time of day, day per week, weekly, monthly, and seasonally. This is especially important data when casino venues are seeking to lessen any higher than normal fluctuations that may be occurring between a slow Monday morning and a packed Saturday night; or that experience severe seasonal variations.By segmenting markets by their demand patterns, a better understanding can be gained of which amenities may help bolster the weak demand periods, and those that may only add to the already maximized peaks.Many expansion programs often make the mistake of configuring additional amenities such as high-end restaurants and lodging elements based on the peak demand periods. As a result, the net effect of costs & expenses for these investments can negate any contribution they may make to increased gaming revenues. Rather, “fill-in” markets are the most efficient means to increase overall revenues, as they utilize existing capacities. Las Vegas has achieved great success in creating strong mid-week activity through promotion of its extensive conference/convention facilities.Amenity Driven MarketsAnother benefit of utilizing occasion-segmentation is its ability to also indicate the potential impact certain amenities have on “impelling” visitation. While gravity models examine the casino related spending characteristics of a given market area, the formulas cannot measure the relative impact of any non-gaming driven activities that could nonetheless generate casino traffic.Important data relating to the population’s occasioned-use of restaurant, entertainment, and weekend getaways can often form the basis on which to focus amenities designed to cater to these markets; and by so doing, increase visitation. Whereas many of these patrons may or may not utilize the casino, their exposure to the opportunity may hasten their use, while also creating an additional profit center.Again, looking to the Las Vegas paradigm, more and more of the strip properties are now generating as much, if not more, non-gaming revenues than gaming revenues; as their hotels and restaurants are less & less subsidized, and along with their growing retail elements, represent strong contributors to the bottom line.Program DevelopmentOnce equipped with a basic understanding of the market dynamics, both in terms of the existing facility’s current market shares/penetration rates in relationship to the competitive mix, and the overall occasioned-use of the market, a matrix can be created that sets the demand against the supply. This function seeks to identify areas of un-met demand opportunities and/or over supply, that forms the spring-board to the creation of relevant amenities, expansion and upgrade criteria & strategies.Impact CriteriaEssentially there are two types of expansion/upgrade strategies: subsidized and profit-centers. Subsidized elements may include adding and/or improving amenities that will further widen current gaming market penetration/shares, thusly having a direct impact on growing casino revenues; while profit centers are designed to further leverage current patronage patterns with additional spending opportunities, and having an in-direct effect on gaming activity. Although many of the more traditional amenities, such as restaurants, hotels, retail shops, entertainment venues and recreational facilities can fall into one or both of these categories, its important to make the distinction, so as to clearly establish the design/development criteria.Upgrading/ExpansionAs has been previously discussed, Las Vegas continually seeks to reinvent itself as a means to increase repeat visitation, that in itself creates a snowballing affect as each venue must keep-up with its neighbor. To some extent upgrading programs, that may include creating a new and fresher look, is a lot like an insurance policy against slipping revenues, and do not necessarily relate to any incremental growth per se. Not to be mistaken for replacement programs of worn carpeting and slot machine recycling, an upgrade program should seek to create new excitement about the facility in terms of ambiance, quality of finishes, layouts, and overall décor.Expansion of existing capacity is less a function of market analysis and more a function of “making hay while the sun shines,” based on a thorough understanding of the visitation pattern densities. Patron back-ups for gaming positions and restaurant tables can be both good and bad, depending on when they occur and how often. High per position per day net win averages are not always a sign of a prospering casino, as they could also mean lost opportunity because of an insufficient number of games. Conversely, additional positions are not always going to generate the same averages.When initially configuring capacities for a new facility, it is important to fully evaluate the demand patterns into their respective day-part components that will maximize penetration during the peak periods while minimizing inefficiency – the point where the costs associated with additional capacity is exceeded by its net income potential.Food & Beverage AmenitiesWithin most casino venues, restaurant amenities are “loss leaders,” designed to retain & attract casino patrons with low prices and great value; yet they have the ability to both widen occasioned-use of the casino, while also representing potential profit centers.In Nevada, which is the only state where detailed historical F&B departmental operating results are available for casinos, properties with gaming revenues averaging between $20M to $200M showed food operations having a net departmental loss of 1.5% of sales in 2001, versus almost a 14% loss in 1995.Much of this major turnaround is due to the growth in the number of food outlets, especially more upscale/specialty restaurants, which has spurred sales from 20% of gaming revenue in 1995 to almost 27% in 2001. Moreover, food costs have been reduced sharply from 45% in 1995 to 35% in ’01.As the previous discussion on occasion-segmentation revealed, a consumer’s choice of a casino visit can sometimes compete with other entertainment/leisure time activities, including dining out. Having a market relevant restaurant facility within the casino can serve to attract the dining-out destination market, with the casino benefiting from its proximity. Therefore when market conditions indicate changes in a casino’s restaurant configuration, the questions to be addressed are how can they be designed to satisfy the current patronage base, widen occasioned-use, and improve profitability.Lodging ElementsWith turnkey hotel development costs ranging between $75K to $350K per available room, a market positioning strategy had better be well studied. Yet we see many such projects undertaken with little understanding of the market dynamics and economic impact.Nationwide, according to our most recent survey, there are 724 casinos around the country; comprised of 442 commercial operations, about half of which are located in Nevada, and 282 Indian gaming venues, of which 209 offer most, if not all, of Las Vegas type (Class III) games. Roundly 58% of casinos in the commercial gaming sector have co-located hotels, compared with 37% of Class III Indian gaming venues, despite their containing a similar average number of games.The high preponderance of hotels within the commercial sector owes to some gaming jurisdictions requiring them; including Nevada (for an unrestricted license) and New Jersey. Moreover, much of the Nevada market demand stems from beyond a daytrip radius, making overnight accommodations necessary in order to gain market share. When extrapolating these states from the total, the percentage of all commercial casinos with hotels drops to 50%, with an average of 312 rooms & 1,183 games.The obvious advantages of casino lodging units is their ability to attract gaming markets from beyond the typical day trip radius, while also having a somewhat “captured” market (Casinos with Hotels). Moreover, guest rooms can be another perk-use for player club points. Hotels also widen a casino’s occasioned-use by offering non-gaming leisure activities & amenities, augmented by the ready availability of gaming, while also representing another profit center (Hotels with Casinos). Additionally, within a traditional lodging setting, a casino/hotel has a competitive advantage by virtue of its added entertainment features.Among the major Las Vegas properties there are more hotel rooms than games, as the city transits from a gaming destination to more of a resort & convention destination. In so doing these properties increased their hotel profitability and investment returns by not having to offer low rates to attract gamers. Whereas, some areas such as Laughlin and Reno, which do not enjoy the critical mass of a Las Vegas, still find it necessary to supplement their hotel investment with casino revenue, due to low room rates and large seasonal visitation fluctuationsIn configuring a casino hotel development it is therefore important to understand the market and financial dynamics and their impact on overall gaming revenue and profits. Within the free-standing (non-casino) hotel industry, financing terms are usually over a 15 to 20 year amortization schedule with a ten year balloon/refinance, and have a break even point that approaches 65% to 70% occupancy. Typical casino based lodging elements enjoy high occupancy levels on the weekends, but low levels weekday. It is therefore incumbent not to “build a church for Easter Sunday,” keeping in mind the overall efficient use of the asset.Moreover, if the intent is to attract additional casino patronage from a wider market radius, it is important to evaluate the cost of any hotel subsidy versus the potential increase in gaming profits. A new 200 room hotel at a casino already generating 20,000 weekend visitors, may only be adding 2% to 4% more players, while exposing itself to higher costs. In regards to occasioned-use, especially among tourists and weekenders, casino hotels may also be competing with alternative resorts in the region.Ideally, these types of facilities, when not situated in markets with insufficient local/day-trip markets (e.g. Laughlin), should be configured on the basis of their non-gaming related and off-peak period support so as to maintain relevant room rates and adequate levels of profitability. They should also include those amenities these markets are seeking, including, where applicable: conference and convention facilities, and indoor/outdoor recreational elements.Albeit more of a niche market, RV Park facilities are a less intensive investment in overnight lodging facilities that can nonetheless offer some of the same benefits. According to the latest data, there are more than 9 million households in the United States that own RVs, and represent one of every ten vehicle owning households. Many of these households include the 55 & over age groups, who have a higher than average gaming propensity and annual income.RV Park development costs are well below those for hotels, but usually have a high seasonal use, peaking during the summer months in temperate resort environs and in the winter months in the “snowbird” areas.Retail/Outlet ShopsRetail/Outlet shopping is gaining a major foothold at casino venues across the country. First represented by casino logo shops and a few high-roller/jackpot-winner positioned boutiques, these stores have now grown into major malls and entertainment centers. The Forum Shops at Caesar’s Palace in Las Vegas enjoys the highest per square foot sales of all retail malls in the U.S., and the growth in retail sales in the city is significantly outpacing that of gaming revenue. The presence of these shops serves as both an activity to the area’s 35 million annual visitors, who are now spending less than 4 hours per day actually gaming, as well as a major profit center that leverages the visitation base.In less resort destination type markets, outlet malls are strong traffic generators from which a casino facility can draw patronage. On a smaller scale, casinos can widen their occasioned-use by offering unique and indigenous shopping that is especially positioned to attract the “adjunctive” daytripper market. The extent and characteristics of these stores should be scaled to the potential market, current visitation trends, and any local ambiance.EntertainmentAlthough entertainment is a mainstay in casino environments, stemming from the Rat Pack days in Las Vegas, to today’s imposing concert/arena venues and specialty shows; their market dynamics are much misunderstood. They are at once, diversions, attractions, profit centers, and public relation tools. They can however, also generate major losses, and therefore should be well studied to determine their appropriate configuration.With most major entertainment events occurring during the weekend periods the attracted audiences may not have any significant impact on a likely already busy period. Therefore it in incumbent that the specific event be structured so as to at least break even or turn a small profit. While this is somewhat self evident, the more central issue is the entertainment venue’s ability to also amortize its initial development cost investment. Outdoor facilities can sharply reduce construction costs, but also are prone to weather vagaries and seasonal use. Moreover, party tents and temporary structures usually do not have the cache of a fixed venue that is an integral part of the casino facility.Recreational FacilitiesThere is a lot of attention these days being given to the development of recreational facilities at casino venues, especially those associated with resort projects. Golf courses are a common adjunct to many resorts, and many Indian communities enjoy the advantage of having access to the ample land areas and water rights these types of undertakings require.As with all of the other revenue enhancing reinvestment alternatives discussed herein, recreational facility development should be considered within the context of its ability to generate additional casino patrons and/or serve as a profit center. Whereas golfers traditionally have a high gaming proclivity the association of golf with a casino is not exactly in sync, given the length of time required for a typical round. Moreover, even under the highest utilization rates, a typical 18 hole golf course will only accommodate about 140 players per day, while the national average in year round environments is about 100 rounds per day. This is not a lot of additional players for the casino, even if all of them gambled, and especially considering the cost of an average course, excluding land, ranging between $5M to $15M.However, golf course development as part of a resort package and/or to fill a local market demand can have many non-gaming related benefits. From a resort development standpoint, a golf course as well as other recreational elements can add to the facility’s competitive positioning, to the point where its development/operating costs can be recaptured through higher room rates/green fees. Many traditional golf courses also “pencil-out” when incorporating fairway home sites, which have a particularly higher value than non-golf course sites. Given the trust status of Indian lands, this may be somewhat problematical on reservation lands, unless some sort of long term land leases could be negotiated for the home owners.
Planning/Financing & ImplementationOnce all of the salient market factors have been considered and weighted against their cost vs. benefits, a comprehensive reinvestment & expansion program can begin to take shape. A design & construction team should be assembled that can help further interpret the program in terms of creative and value engineering input, while also maintaining its established market positioning and financial strategies.Importantly, the program should illustrate how each element will be coordinated into the overall facility fabric and the manner in which it will be financed. Some funding can stem from reserved profit allocations, while others independently funded with additional debt, whose amortization has been factored into the overall project’s feasibility analysis.
Choosing a top online casino is not easy because of the overwhelming number of casinos that are found on the internet. A player should first do a Google search by typing “top online casinos” and read the many reviews that have been written on such casinos. A top online casino would have a government approved license to run the casino as well as a 24/7 customer support department that you can contact incase of an emergency. It would also have an Interactive Gaming Council (IGC) logo on its site.Protecting a player’s personal information should be one of the main concerns of an online casino. Top online casinos will always have the 128-Bit Secure Socket Layer (SSL) in their banking section to protect a player’s credit card information as well as other personal information. A top online casino should have reputable gaming software for its players to download. The best gaming software a casino has will also confirm that it offers its players good bonuses. Microgaming is the leaders in gaming software for online casinos. Top online casinos are usually the Microgaming online casinos because they offer amazing graphic and sounds in their games which makes a player feel that he is playing in a real casino.The bonuses offered by these casinos are usually better than other virtual casinos on the internet. But Microgaming online casinos do not accept U.S. players. A top online casino will also offer a person free games to play to improve his skills at a game without having to wager any gambling money. A player should also take time to check the terms and conditions of the online casino. By doing so he will be aware of what are the restrictions on the bonuses offered and the wagering requirements of the bonuses, payout percentage of a game, etc.It’s not difficult to find a top online casino if one remembers to take the time to check whether it has reliable software, has a government approved licensed and is also licensed and monitored by an accounting company, offers a 24 hour 7 day customer support system, and gives information of the companies financial background and payment structures.But just as it is important in choosing a top online casino, it is also important that a player knows the rules of the game he plans to play. This will increase his chances of winning. One plus point of online casinos is that a lot of them will offer its players to play a few games for free to improve their skills before wagering any real money. A player new to online gambling will benefit greatly by playing free games.
A casino guide to a great extent forms to be a comprehensive directory where you can look for all types of information relating to online casinos. Over the years, internet casinos have recorded a phenomenal growth worldwide. It is through internet gambling that millions of gaming enthusiasts are being able to enjoy a variety of casino games sitting within the comforts of their own home.Nowadays people will find 2 kinds of casino guides. Out of the 2 varieties, one variety of gambling guide helps you in choosing the best web casino site by way of quality reviews of the available sites. This type of online gambling guide will also be helpful in offering you information related to current promotions and bonuses.The second variety of web casino guide will offer you general advice on gambling including tips and strategies that will help you to gain an overall knowledge of the available games. Additionally, it is through this type of online gambling guide that you will be able to learn about the rules relating to every casino game combining other useful tips on bankroll management with it.Importance of a guide for casinoBoth advanced and intermediate casino players will be able to take help from any online casino guide. Casino reviews form to be the most important information included in the casino guide. These reviews offer a good insight on the customer service and games quality pertaining to the internet casinos of the present date.If you’re in search for a casino site that will match your own gaming style then it will be very essential for you to read reviews. New players will also be able to take benefit from any type of a casino guide provided in the internet. As a novice, when you try to play different casino games online it is very essential for you to know which casino site stands out to be the best.The presence of different internet casino sites often make it difficult for an amateur player to select a right site. This is due to the possibility of selecting a wrong site that most new players prefer to go through the casino guide before they ultimately select a site. Therefore, if you want to make your individual search much easier then opt for casino reviews and you will come to know which gaming site is trustworthy and reliable.Through an online casino betting guide you will be provided with a lot of information from where you can easily judge the quality of every site present online. This is when you can ensure to have a great time playing.Casino guide for First Time PlayersIf you wish to try your hands at the internet casinos, you need to have adept information on general gambling advices and tips. In this respect, you have to know the games, rules and all the significant information that combines up the fundamental strategies. For instance, if you wish to play blackjack, you will be offered with the betting systems associated with this game in any casino guide including other related tips and tricks.
Slot machines in casinos are the top money earner. In the late 90’s the slot machine builder, IGT came out with a new machine called Visions. They were simply already everyday common casino slot machines with an added feature, a bonus. Most of these came out as a monitor located somewhere in the top section of the machine. Ninety percent of these machines were beatable slot machines. Yes beatable, you can win on slots! How you ask? It was secret that was actually a very simple concept.A traditional slot machine has a random generator which is activated and chooses the spin the moment your first credit is activated. This is what determines what you hit on the pay line and what the machines final percentages will be. Traditionally the higher you go in denomination on a slot, the better the percentage it is set. So how do you win?On a Vision machine from IGT the difference is this. The percentages on the pay line is far less than a traditional machine. This is because some of the percentage is added to the bonus on the Visions. This bonus which is usually found in the video screen can be many different ones. Have you ever seen a picture of a cartoon looking cherry pie in a monitor on top of a cherry pie slot machine? Or a picture of a diamond mine that has a little cartoon looking screen flashing by while you play. These are two of the many IGT Visions we are discussing.There are hundreds of different styles of beatable IGT Visions, the Cherry Pie and Diamond Mine are two of the most popular machines here. As an example we will go into the details on the Diamond Mine. The Diamond Mine (like almost all IGT Visions) has a video screen at the top. There will be 3 columns that hold up to 10 Diamonds each. The traditional version is on a Double Diamond machine. On the reels all is the same except the added diamond. Not the Double Diamond emblems that represent 2 x on the pay line, but actual graphics of a diamond. This diamond does not count for anything on the pay line. It only adds 1, 2, or 3 diamonds (depending if you bet 1, 2, or 3) into the columns above on the video screen when you hit a diamond on the adjacent reel.When you get 10 diamonds in any one column, you get 10 credits. There are simply 2 things to know about a Diamond Mine.1) How many Diamonds must it already have? (How many Diamonds are needed on the machine before you can play it with a positive expectation)
2) How many coins do you need to bet each spin. (This depends on the pattern of Diamonds divided in the 3 columns).The Diamond Mine is one of the least volatile beatable slots (bonus comes very fast) of all the Visions and why it is one of the most popular with ‘Hustlers’ that have a short bankroll. We will provide a link below to a website with the full information.One last note:If you ever played a lot of slots, I bet this happened to you. You noticed it seemed like every time you were on certain machines, someone was over your shoulder watching you play. If it was a IGT Vision there is a good chance there was indeed! These are the guys that knew about this long ago and the same people that eventually caused many to be taken out of casinos. They would tell friends about it until so many people knew about it, they would literally almost break out in a fight when a machine was left with a “Full Bonus”.Those days are far gone, which is honestly a good thing for someone trying to just have a good time and not blow all their cash in the casino. The reason they are gone, is there are FAR less beatable slots today in casinos so there are far less people doing it today.
Good news! The answer is “yes.” The bad news is that it takes many hours of practice to perfect the skills needed to win at the casinos. Just think if you wanted to become a professional pianist – something more than an amateur piano player. You would have to put in years of training. You would have to dedicate yourself to your chosen profession and allow time for little else in your life. Most important, you would have to spend eight or more hours a day practicing. Are you willing to devote all that time and effort to becoming a successful gambler?Take a look at what you are facing. Casinos are in business to make money, and they certainly wouldn’t stay in business if everyone walked away a winner every time. Even an occasional gambler can be a winner in the short term with a run of luck, but in the long run, if you’re not properly prepared, you’re going to be a loser. To become a professional gambler (and they do exist) and if you are willing to put in some sweat equity, read on. You’ll discover two ways to make a living at the casinos.Recently the movie, 21, was released. It was based on the book, Bringing Down the House, which details the true story of a team of MIT students who worked the casinos in Las Vegas and won millions of dollars. Their game was blackjack, and the amount of practice they put in to master their system was enormous. They used a card counting system, which is perfectly legal. It’s not impossible for non-geniuses to learn to count cards, but it does take hours of practice to do it successfully.Poker is another casino game where you stand a chance of long-term success. One of the advantages of playing poker is that you are not playing against the casino; you are playing against the others at your table. There are many kinds of poker. The 1998 movie, Rounders, which starred Matt Damon as a hotshot poker player sparked the current high level of interest in Texas Hold’em poker.Realize that there are two kinds of Texas Hold’em at the casinos. First is the common ring game. Here up to ten players sit around a table and play against other gamblers. Second is tournament Texas Hold’em, which requires a completely different set of skills. At tournaments players are gradually eliminated when they lose all their chips. The last one left is the winner.Let’s concentrate on the ring game. Since you are playing against other human beings you must learn how to “read” the other players. Even at the online casinos you must discover who plays quickly, who are the aggressive ones, which players bluff frequently, who are the ones who play almost every hand? You must learn how to play the game with a winning style. If you decide to become a professional gambler or a serious player, be sure to inform yourself – read, read, read; grasp the concepts – study, study, study; and develop the needed skill set – practice, practice, practice.
Casino is now gaining its popularity in the virtual world of gaming. Many of casino sites today had expand, by which new casino sites tends to increase from day-to-day. Due to its popularity, a lot of people are getting lured with it even though at times they haven’t got a lucky hand.Playing at land based or even online casino considered a part of luck and skills, while some players know how to combined those strategies at their specific games, there are still who doesn’t know when they should bet or not.Wagering is a term commonly used at casinos for betting on the games. This is one of the most important thing to consider if you do not want to end up losing all of your money for nothing. Wagering can be done depending on your interest, it includes teams, races, games and even players. In order to play the game, you are about to bet on the specific game you are in.When you start placing your bets, you are about to take the risk of losing while hoping to have some luck as well. However, before starting to wager for casinos, you must bear on some important checks that you shouldn’t forget.First and foremost is that to make sure of the game you are entering. You must be at least a bit familiar with the game, otherwise, if you are new with it, you should minimize the amount that you’ll be spending until you knew the game very well.Second, you should look for the requirements or the Terms and Condition for the specific game of the casino. Most of the time, they have minimum amounts as well as limits.Third, Keep your wagering at least secure as possible. Most reliable casinos wont let their players to risk their money, so they are into securing their customers information as well as funds. With this, most online casinos will assign you with number codes and passwords for your money’s safety. The need to keep those code safe is now your responsibility. Those codes will be the one to be utilized if you’ll plan to add more money or get some on your account.