Online Casino Edition – Casino News News about online casinos and gambling

October 20, 2012

Are You New to Online Gambling?

Filed under: Casino — Tags: , — OCE News @ 3:46 am

Starting out at an online casino need not be a difficult or a scary experience. Several new gamblers are very nervous concerning casino transactions and playing casino games online for cash. As a matter of fact, however, the majority of online casino sites are secure and safe, so you can rest assured that you will be protected and secure. You can be sure of this if you choose an online casino that is regulated by a board and that is licensed.

Once you have located a casino that is known as reliable, you will register for an account and choose your payment method to be able to play. When you choose your payment method, you will easily be able to make withdrawals and deposits within the online casino.

When it comes time for you to actually play, you may feel overwhelmed. Most online casinos have numerous games to choose from, all offering a fun experience and the potential for a huge payout. Many times, if you are just starting out, you more than likely have a limited budget for gambling. If this sounds like you, it is your best bet to start out on games like the slot machines. This way you can build up your winnings to be able to try your hand and your luck at the table games, which sometimes offer greater payouts, especially if in a tournament. The greatest benefit of starting out with slot machines is that it requires no previous skill and there are very little rules.

For other games, the majority of online casinos will offer tutorials that show you how to play each game and that will walk you through moves that you should and should not make. This is a great way to learn the ropes, as you will be playing for free and, although the payout is in play money, it offers valuable experience that you can take to the cash tables.

The biggest key to becoming a successful online gambler is choosing a safe, reliable casino that is regulated and licensed by a reputable board. Once you have assured that the casino is safe, you will enjoy the twenty four hour per day access to all the games you have been dying to try. Just remember to play responsibly.

Starting out at an online casino need not be a difficult or a scary experience. Several new gamblers are very nervous concerning casino transactions and playing casino games online for cash. As a matter of fact, however, the majority of online casino sites are secure and safe, so you can rest assured that you will be protected and secure. You can be sure of this if you choose an online casino that is regulated by a board and that is licensed. The more wary you are, the better your overall experience will be. If you are new to online gambling, trust the above information to get you through your first few days or weeks of playing. As you play, you will become more reassured about what casinos are the best.

October 18, 2012

Omni Casino’s Slotoberfest Is A Must Play For All

Filed under: Casino — Tags: , — OCE News @ 4:14 am

Halloween is just around the corner, and Omni Casino is keeping up the theme of Halloween as well as their Slotoberfest Tourneys. This is great news for all of On the Casino’s players, because they are given more opportunities to win. What is even more exciting is that Omni Casino has launched its new German website, which is spectacular for all German players. They will be able to read, understand and appreciate all of the terms, conditions, games and rules associated with Omni Casino and all of their games, in German. Although they Omni Casino already offered wagering in euros, all German players will not have to change their payment option, as they can continue to play with euros.

Omni Casino provides the Jack-O-Cash bonuses every Saturday, and every player on their casino that makes a deposit on Saturday will receive a free bonus that is based upon the amount of the deposit. Anyone that deposits $10-$30 will receive a 150% bonus on their money, up to $35. Any player who deposits $31 up to $80 will receive a 125% bonus up to $100. For players to deposit more, and deposit $81 up to $150 will receive a 100% bonus of up to $150. Every player at Omni Casino can take advantage of Slotoberfest, where every Omni Casino member that has deposited a minimum of $200 throughout the month of October will be able to take advantage of $15 in free play bonuses. The only thing players have to do is contact the amazing 24/7 customer support for this online casino. They will quickly be credited their $15, and players can use it to play any of the slot games available at Omni Casino. The only requirement of this $15 in free play, is a play of 10 times and a max of $500 on winnings.

Omni Casino players are also able to take advantage of the guarantee Spin to Win cash rewards, and any player who spends at least 1000 qualifying spin points at any of the Slotoberfest slots tournaments will automatically be placed into a random draw. Winners of the random draw prize are guaranteed to win anywhere from $10 up to $150. Omni Casino is also holding their Slotoberfest Bonus Festival, with players being able to take advantage of a spectacular bonus based on the amount of the deposit. These bonuses are similar to the Jack-O-Cash bonuses, but any player the deposit is $151 up to $900 will receive a 75% bonus of up to $250. Omni Casino utilizes software from Playtech, and anyone who uses Playtech slots is likely to be able to take advantage of all the slots in the Slotoberfest online tourneys. Some of the most popular slot machines at Omni Casino include Marvel branded slot machines Iron Man 2, Fantastic Four, Hulk, Blade and Iron Man. With these popular slots and many others, Omni Casino is a must visit throughout the month of October as well as the rest of the year, because of their extensive bonuses, free play opportunities and more.

October 13, 2012

Las Vegas Hits Stunning Billion-dollar Month

Filed under: Casino — Tags: , — OCE News @ 2:28 am

It may seem unlikely, perhaps even impossible, but Las Vegas managed to pull off something of a miracle. New numbers on revenues for Las Vegas gaming during the month of July show that the city pulled in an estimated billion dollars. The city was able to do this even though tourism for that same month was down.

Most analysts suggest that one of the major reasons the city was able to make such a stunning amount of money in a single month was tied to several high rollers arriving in town to play their favorite game, baccarat. In the month of July alone, baccarat raked in nearly $190 million.

While many people do not play baccarat, or even know how to play the game best known for its appearance in many James Bond movies of yesteryear, many of those who do enjoy the game are very well-heeled. Their love of the game helped the city to increase its revenues by over 100 percent when compared to numbers from July 2011. What surprised many analysts was that during this same time tourism to the city was down.

According to the Las Vegas Convention and Visitors Authority, Vegas hosted an estimated 3.4 million visitors in July of 2012. This represented a decrease of about 0.8 percent from what was reported for July of 2011. The number of visitors during that time period was estimated to be almost 3.5 million.

Even though the increased revenues for July were a welcome sight for many struggling gaming concerns, analysts suggest that no one get a swelled head just yet. They suggest that the city’s gaming concerns need to see a steady increase in revenues, month after month, before assuming that the worst is over in terms of the sluggish economy. They caution that with some much of July’s revenues coming from a single game (baccarat, in this case) and from such a select clientele, the loss of that clientele would bring revenues back down. They would prefer to see more across the board revenues being generated by more diverse activities and players.

In related news, Atlantic City also saw a big increase in its revenues for August. Some of the casinos located in Atlantic City saw double digit increases in the monthly revenues for August when compared to revenues a year ago. Even smaller casinos and hotels were able to see profits in what is now considered a “financially struggling locale”. While there are no hard and fast reasons for this increase, good weather and a wide array of local, public events are being touted as possible reasons for Atlantic City’s good fortune.

At the same time, plans for a new casino in Atlantic City were nixed on September 12. The reason for canceling the project is said to be the city’s sluggish economy as well as lower revenues for casinos that are already in business in the area. This would seem contrary to what most of the casinos are reporting in the revenue reports, at least for the current time period.

October 11, 2012

Oregon Indian Tribes Fighting Over Proposed Casino

Filed under: Casino — Tags: — OCE News @ 2:25 am

The American Indian tribe known as the Cow Creek Umpqua that operates the Seven Feathers Casino in Canyonville, Oregon has said that it plans to block what it reports as an aggressive attempt by the local Coquille Indian Tribe to construct a new and thusly competing casino in Medford.

Attorney for the Cow Creek Umpqua tribe, Wayne Shammel, said recently that some tribes that are located in Oregon agreed some years ago to limit the number of operating casinos as a way of preventing market oversaturation. According to Shammel, if the Coquille Indian Tribe is allowed to build a new casino in Medford, that action would open the gates to other gambling facilities within the state. At one point, he referred to it as a “casino arms race” should it be allowed to take place. He went on to say that of the Seven Feathers customers that patronage the casino, most are from the Medford area. A new casino in Medford could siphon off many of these customers as the Medford casino would be closer. Shammel went on to say that Medford is the largest urban market for the Seven Feathers Casino and even larger than nearby Eugene, Oregon.

The Coquille tribe already operates a casino in North Bend called The Mill Casino. Recently the Coquille tribe bought property known locally as Kim’s Restaurant and Roxy Ann Lanes which is located along the South Pacific Highway in Medford. They have also said that they have agreed to lease a golf course that is located next to these two properties. Once that happens, they plan to have the property placed into a US government trust which is the first step toward achieving reservation status for the land.

The Cow Creek tribe is claiming that the Coquille tribe has no territorial rights in the Rogue Valley which is where the property exists. They contend that if the Coquille tribe is allowed to expand its territory into Medford, then they (the Cow Creek tribe) may reconsider its own current policy and make a move themselves into this area.

According to a spokesperson for the Cow Creek tribe, this action to open a casino at this location by the Coquille tribe goes against an executive order that was previously signed by Gov. John Kitzhaber. That order created a framework that allowed each tribe within the state to own one casino. Chairman of the Coquille tribe, Edward Metcalf, said that he believe that having more casinos means more people will come into any particular region of the state which he sees as a good business move. He went to say that if the casino is allowed in Medford, it will only provide access to gaming machines. It would not have card tables which are available at the Seven Feathers and at The Mill Casino.

Current federal Indian gaming regulations allow that a Class III casino can have craps, slot machines, roulette, and blackjack. Under the same act, a Class II casino is not allowed that level of gaming and is only allowed to have limited gaming machines. The Mill Casino and the Seven Feathers are both Class III facilities. Edward Metcalf said that the proposed gaming machine facility in Medford would be a Class II facility.

October 9, 2012

Shuffle Master Products Reaching New Demand Levels

Filed under: Casino — Tags: , — OCE News @ 2:24 am

It is a simple fact: the global demand for Shuffle Master products has definitely increased the company’s quarterly profits. The company sells and leases card shufflers and slot machines and demand for its products has never been higher. This continued steady revenue generation has made this company a star in the world of both online gaming and casino gaming where its products are becoming staples found in most of the better gaming establishments.

Shuffle Master is based in Las Vegas and for its FY third quarter (which ended on July 31) the company reports profit earnings of $10.4 million or 18 cents per share. This amount is an increase from year-ago quarter earnings which came in at $9.1 million or 17 cents a share. Overall, company revenue increased 9 percent to $63.4 million.

The company seems to be having good luck across the board as it reports that its installed base of leased shufflers increased by 7 percent and now stands at 8,245. Its shuffler sales and lease revenue is reported to have increased by 8 percent which represents $24.4 million. And its table game revenue rose by an impressive 18 percent to hit $13 million. Revenues for its electronic gaming machines increased as well by 11 percent, representing an estimated $20 million.

In a statement that was recently released by the company, it was reported that an estimated 55 percent of the company’s overall revenue came from sources outside of the US which only makes sense as more and more foreign countries are turning to gaming for revenue generation. It also stated that it hopes this trend continues and that its new products will help to keep the momentum going. One new slot, the Flintstones slot, is expected to be a big hit once it hits the floors in the near future. Other games are in development as well.

Unlike many other gaming product companies that have had to rack up mounting debt, Shuffle Master has no net debt. It also has an estimated $186 million credit line at its disposal. As such, the company is seeking new growth avenues and opportunities which may include acquisitions of other companies.

Other good news for Shuffle Master came this last summer when it received a Nevada license allowing it to provide an online real-money poker system for its casino clients. The company has also received a very similar license in Gibraltar has opened a new office there. The company will continue to invest in developing social gaming products as well as online real money products for use in growing mobile gaming market. The new license from Gibraltar will allow Shuffle Master to aggressively compete in the booming EU online gambling market.

Some of the more popular and well known proprietary table games the company provides include Ultimate Texas Hold’em, Three Card Poker, and Fortune Pai Gow Poker. Release dates and other details of new products have not yet been released. But with earnings such as what Shuffle Master is seeing to date, the company is certain to stay on the move.

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