LoveMyLotto Brings You Casino News From South Dakota

LoveMyLotto can report that gross gambling revenue of $4.4 million was achieved in the first 3 weeks of business

The Grand Falls Casino Resort which opened on the 9th June in South Dekotoa in Larchwood, northwest Iowa has so far been a hit and as stateside gabling is slowly rebounding from the recession, The Grand Falls Casino Resort saw 173,831 admissions during its first 3 weeks with gambling revenue up 1.1% compared to last year.

“Things seem to be going in the right direction, but it has been slow, which I think is indicative of the entire economy,” said Jack Ketterer, the commission’s administrator, and he confirmed that Casino admissions were down 1.8 percent the past 12 months, while the average customer lost about $63.

The Grand Falls operation which, is just 6 miles from Sioux Falls, cost around $120 million to build. At their grand opening around 1,200 guests were invited  to a private reception, which was followed by hordes of people pouring in once the doors were open to the public.

“It was fun and crazy and there were lots of people. It was interesting to just stand by the door and watch the reaction of people when they saw the facility,” said Dan Kehl, chief executive officer of Kehl Management, which operates the investor-owned casino

Things have calmed down since that launch and now the work in hand is to build a constant base of customers. What is evident is that 80 % of the casino guests are from out-of-state areas like S Dakota, Minnesota, and the Sioux Falls area. However there is now a much  bigger trend for 30 something weekends, who stay late to enjoy themselves.

This casino complex was approved last year and is on track to generate between $70 and $80 million in casino revenue per year, so the early forecast is looking good. “It’s a very nice facility, and it seems to be well received so far,” Ketterer said.

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LoveMyLotto Casino News

LoveMyLotto hear that businesses and residents in Atlantic City are awaiting the completion of the Hard Rock Casino with anticipation. However some locals are wary about the potentially heavy traffic and construction delays that come with a project like this.

The Hard Rock complex will offer entertainment venues, pools and spa, restaurants, gaming, a 12,024-square-foot rock and roll museum and a huge Boardwalk area that will expand over several blocks between Hartford Avenue and Roosevelt Place.

There is a mixed response to the new complex, but Ada Berioa, a former Atlantic City High School employee, said ‘the casino with be great’ Nasir Uddin, 32, said he thought the Hard Rock Casino would benefit the city and bring more jobs.

Local businesses agree that a go-go bar would NOT contribute to Atlantic City, but a casino they believe will improve the business climate.

In simple terms – If a lot of people come to the city, it’s good for everybody.

Back in the UK, LoveMyLotto have put together a lottery formula that gives just 21 syndicate members a chance to play in the world’s first and only all-inclusive multi-lottery syndicate system. Find out why you should join this lotto syndicate and improve your chances of winning the UK Lotto, EuroMillions plus get entered into a 1 Million Daily Draw

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LoveMyLotto Casino News

LoveMyLotto hear that businesses and residents in Atlantic City are awaiting the completion of the Hard Rock Casino with anticipation. However some locals are wary about the potentially heavy traffic and construction delays that come with a project like this.

The Hard Rock complex will offer entertainment venues, pools and spa, restaurants, gaming, a 12,024-square-foot rock and roll museum and a huge Boardwalk area that will expand over several blocks between Hartford Avenue and Roosevelt Place.

There is a mixed response to the new complex, but Ada Berioa, a former Atlantic City High School employee, said ‘the casino with be great’ Nasir Uddin, 32, said he thought the Hard Rock Casino would benefit the city and bring more jobs.

Local businesses agree that a go-go bar would NOT contribute to Atlantic City, but a casino they believe will improve the business climate.

In simple terms – If a lot of people come to the city, it’s good for everybody.

Back in the UK, LoveMyLotto have put together a lottery formula that gives just 21 syndicate members a chance to play in the world’s first and only all-inclusive multi-lottery syndicate system. Find out why you should join this lotto syndicate and improve your chances of winning the UK Lotto, EuroMillions plus get entered into a 1 Million Daily Draw

LoveMyLotto.com Casino News

Lovemylotto.com brings you Casino News from the Four Winds Casino Resort which goes on to expand its dominance in southwest Michigan.

The Dowagiac-based Pokagon Band of Potawatomi Indians a major expansion  will take place at the Four Winds Casino in New Buffalo.

The plans are for an additional 250 hotel rooms with a multi-use conference centre to the facility on Wilson Road, and it’s been confirmed that Winds Hartford casino will open in August.

LoveMyLotto.com understands that the Four Winds that Casino opened in August 2007, had many from guests asking better entertainment facilities, they are adding 250 guest rooms and the new Event Centre will ensure big name entertainment can now be booked. The construction of the 9-story hotel tower is adjacent to the current hotel tower, and will increase the total number of hotel rooms at 415.

The event centre will be located next to the casino with flexibility to accommodate a variety of acts with a 1,600 seat entertainment auditorium that will host concerts by major headline acts and a variety of conferences and banquets.

LoveMyLotto.com’s other casino news comes from Atlantic City where  casino customers are having to shell out money before they even set foot in the casino because they are being forced  to pay to park their vehicles.

This unique parking charge to Atlantic City is coming under attack as rival casinos in surrounding states allow their customers to park for free.

Some now argue it is time for Atlantic City to trash this  unpopular fee in a direct attempt to  attract more gamblers in what many would say is a sluggish economy. However financial and legal obligations could make it difficult to put an end to these parking charge.

“It’s one of the worst things that happened to Atlantic City,” said Dennis Gomes, chief executive officer of Resorts Casino Hotel. “I hated it when they did it. I fought against it like crazy.”

Tony Rodio, president and CEO of Tropicana Casino Resort, characterized the parking fee as an extra burden for customers who are already coping with highway tolls and high gas prices while driving to Atlantic City.

“I would certainly like to see it abolished,” Rodio said. “It’s an impediment. We’re at a disadvantage.”

LoveMyLotto offers a lottery formula that gives just 21 syndicate members a chance to play in the world’s first and only all-inclusive multi-lottery syndicate system. Find out why you should join this lotto syndicate and improve your chances of winning the UK Lotto, EuroMillions plus get entered into a 1 Million Daily Draw

Tropicana Casino News

The Tropicana Casino in Atlantic City is so serious about its efforts to win the business of high rollers, that they’ve just finished a $5 million extension to create 26 Higher Roller suites. The 26 suites were created by consolidating 88 regular rooms, and include wet bars and a concierge and round –the-clock butlers.

Tony Rodio, the Tropicana President said ‘it’s all part of the casino’s new strategy to go after high-limits table games gamblers. It’s incumbent upon us to stay competitive in this market and to go after the highest level table games players, you’ve got to offer the amenities and luxuries they want.’

The new ‘Cielo’ suites reside in the casino’s North Tower on floors 14 and 15 and will form part of the Tropicana’s ‘Old Havana’ theme that will be rolled out throughout the casino. The word ‘ceilo’ means ‘sky’ in Spanish.

These suites although mainly for big-time rollers, will also be made available for rent, mainly at the weekends and will be charged out at around $4000 a night depending on demand.

The North Tower was chosen for the upgrade due to being close to all the action, and the aim of the Tropicana is to become the most favoured destination for big time table games in Atlantic City.

But this project has not been without its challenges:

  • Two table players beat the casino for a combined $11 million this spring and although a big hit the casino says they can absorb these big losses is just part of the game.
  • For the first five months of this year the Tropicana has seen a 9.2% decline and taken in nearly $108 million from gamblers.  It ranks seventh out of Atlantic City’s 11 casinos in terms of revenue.

If playing the tables is not your thing then why not look at LoveMyLotto who offers a lottery formula that gives just 21 syndicate members a chance to play in the world’s first and only all-inclusive multi-lottery syndicate system. Find out why you should join this lotto syndicate and improve your chances of winning the UK Lotto, EuroMillions plus get entered into a 1 Million Daily Draw

Casino News from Las Vegas

Casino news in Las Vegas is all about a new hot spot to play the slots and throw the dice.

The Plaza Hotel and Casino in downtown Las Vegas has reopened after an eyepopping $35 million renovation.

The hotel will start accepting hotel guests on 1st September, but the plush casino will be open for business in August. The 1,037 roomed hotel was closed last November so this massive refurbishment, which included an extensive overhaul of the lobby and casino floor, could be done. Interestingly many of the marble floors, leather desks and carpet accents were snapped up from the ill fated Fontainbleau Las Vegas on the strip as work on this project was suspended.

Another Vegas Casino Resort, The Palms said on Tuesday that it was teaming up with private investors to help reduce its mounting debt.

The Palms Chairman George Maloof said that the casino was working with TPG Opportunities Partners and Leonard Green & Partners to help strengthen the balance sheet, as the Maloof family were facing financial difficulties.

Leonard Green & Partners are a private equity firm and TPG Opportunities Partners are a subsidiary of TPG Capital who is the main investor of Caesars Entertainment Corp. There are no details of the terms of the deal.

In truth, Las Vegas has been hit hard by lower consumer spending so many hotels have been dropping their room prices to cope with fewer visitors who are gambling less and spending less on other entertainment.

LoveMyLotto offers a lottery formula that gives just 21 syndicate members a chance to play in the worlds first and only all-inclusive multi-lottery syndicate system. Find out why you should join this lotto syndicate and improve your chances of winning the UK Lotto, EuroMillions plus get entered into a 1 Million Daily Draw

Atlantic Casino See Big Blackjack Winners

Love My Lotto love to see winners and in the USA a Blackjack player has won big style at the Tropicana, Atlantic City Casino and Resort.

Amazing odds have rocked the Tropicana Casino as it sees two Blackjack players in the space of just two months walk away with over $5 million jackpots.

Last week’s mystery winner scooped $5.3 million after playing blackjack, craps and mini-baccarat, and reportedly asked that his $150,000 tip be split between the table dealers who worked that night.

Tropicana’s CEO and President, Tony Rodio, told the press  ‘We have a strategy of offering the most aggressive and highest table games limits in the Atlantic City market and we’re not going to change that. If someone wants to take the shot, we’ll take the action. It’s just how it goes sometimes; if you bet more, you can win more’

Don Johnson was another gambler who put that philosophy to the test between December and April 2011 by playing hands up to $100,000 playing single blackjack and managed to walk away from some of the top Atlantic City Casino’s a cool $15 million richer. His winning streak managed to bag him around $6 million from the Tropicana, $5 million from the Borgata and $4 million from Caesar’s – now that’s what we  call an epic run of good luck!

Johnson has seen himself banned from some casino’s, but he insists that he’s no cheater, but refuses to share his system, saying that it depends on having a big enough bankroll that will hold up the losses. He says ‘you’re going to win, but you also have to understand the math’, by that he means card counting, which is not illegal. Professional Blackjack players play with a trained memory that will keep track of the cards that have been played and which cards are still in the deck, thereby maximising the chance of beating the house.

LoveMyLotto offers just 21 syndicate members a chance to play in the world’s first and only all-inclusive multi-lottery syndicate system. So find out why you should join this lotto syndicate and improve your chances of winning the UK Lotto, EuroMillions plus get entered into a 1 Million Daily Draw

UK Casino News

In the UK the Casino and gambling industry continues to be very strong.

The UK Casino and gambling industry continues to be very strong and currently accounts for a major portion of the government revenue, mainly through tax collection from all kinds of gaming activity.

Interestingly horseracing is still the highest on demand gambling sport followed by the National Lottery and Scratch Cards that are predicted to keep growing, but Bingo in the UK is slowing down due to the strained economy of the country.

Some key finding from the report on Great Britain Casino and Gaming industry are;

* In 2010, British gambling industry generated gross gambling yield of USD – billion from USD 9.0 billion in 2009.

* Revenues from online bingo rose even in economy uncertainty and further trend is expected to continue with 12% growth expected yoy reaching to USD – billion in 2012 from USD – billion in 2010, showing rising interest of women who wish to take part in gambling from home.

* British horseracing levy revenues declined from USD – million to USD – million in 2009 which grew in 2008 from USD – million to USD – million. Decline in 2009 was led by economic set back and increased unemployment.

* Industry is expected to grow from USD – billion in 2010 to USD – billion by 2015 with a CAGR of 9.43% which believes to be strong and the major segment accounting for highest GGR will be casino.

Also find out why you should join a lotto syndicate to improve your chances of winning the UK Lotto and Euromillions plus get entered into a 1 Million Daily Draw

Casino World News

Dublin Council opposes new Casino’s in the Irish Capital

Dublin City Council has informed the Irish Government that is will oppose the opening of any Casinos  in the Irish Capital. The council have confirmed that they are opposed to any review of the gamling laws that extends gambling beyond what is currently available.

They do not want to see any further gaming arcades or a casino within their jurisdiction, as they firmly believe gambling is dangerously addictive.

Caesars announces new exclusive slot machine

The world’s largest supplier of casino entertainment is launching a new slot machine branded around the film ‘The Hangover’. This new machine will be placed on the casino floor of 31 Caesars casino’s this summer.

This move will make Ceasars the first casino operator in the USA to feature ‘The Hangover’ slots in their prime locates nationwide from June, giving their punters the chance to play the slot first. This launch coincides nicely with the anticipated launch of ‘The Hangover 2’ due out at the end of May.

Billionaire investors head for Macau in China

Macau based casino operators, MGM China, have received massive investment of $190M for it’s £1.5 bn initial public offering.

Word on the street is that hedge fund manager and billionaire John Palson has invested $75m, and Kirk Kerkorian, Las Vegas mogul and billionaire, has invested $50m via a private holding company. Two other investors from Hong Kong, property magnates Proon Jing and Walter Swok are also understood to have invested $40m and $25m respectively.

Gaming mecca, Macau has seen a huge rise in investors, due to rocketing revenue from visitors from mainland China (where casinos are prohibited) who are getting a real taste for gaming. To put Macaus growth in perspective, in their first 4 months of 2011 gaming revenue reached £10bn, and that is equivalent to the entire revenue made in Las Vegas in 2010.

Also find out why you should join a lotto syndicate to improve your chances of winning the UK Lotto and EuroMillions and get entered into a 1 Million Daily Draw.

 

Casino News from Macau

Rank, the gaming operator has confirmed that the 150p/share formally tabled by Guoco, most definenlty undervalues bingo to the the casino company and its prospects. No further offers are expected from Guco as the offer only gives shareholders 21-days to accept and values Rank at £586 million.

A sharp rise for SJM Holdings reports an 85 % rise in thier first quarter profits, on the back of a 43% increase in gaming revenues in Macau. This market leading casino operator, posted an 85 % rise in its first quarter net profits. Stanley Ho’s company, has a 29.6 % share of the market, which saw profits rise to 1.41 billion Hong Kong dollars (US$181.3 million) from HK $760 million 12-months earlier.

Further news from Macau, the Asian mecca to Las Vegas, announces that Aristocrat has secured over 60 % of the slot installation on the gaming floor at the Galaxy Macau, which opened on May 15th. Galaxy will launch Aristocrat’s best performing Asian titles, and David Punter Aristocrat’s General Manager, confirmed

Not only has Aristocrat secured the majority of slot machines in the main gaming floor of Galaxy Macau, but this is the highest market share of any casino opening in Asia and we are very proud to be a part of what will be one of the finest destinations in Cotai, Macau.

Galaxy Macau features three of Asia’s finest hotel brands, 50 restaurants and bars, a Skytop Wave Pool generating waves up to 1.5 metres high and a man made 350-ton white sand beach.

Also find out why you should join a lotto syndicate to improve your chances of winning the UK Lotto, EuroMillions and Premium Bonds plus get entered into a 1 Million Daily Draw.

Casino Revenue up in Las Vegas

Latest Casino news

Rich Schneider is the new Chief Product Officer of Aristocrat Technologies and will lead all aspects of global marketing, portfolio management, product development and design along with directing the leadership of the company’s creative studio. Lucky Mr Schneider will be based in the companies Las Vegas offices reporting directly to the CEO and MD Jamie Odell.

TAKE OVER BID REJECTED BY RANK SHAREHOLDERS

The rejection of a takeover bid worth £585 million by shareholders placed Rank Group shares at a three-year high. The rejected bid was from Hong Kong based Guoco conglomerate run by Malaysian billionaire Quek Leng Chan. The offer was seen by both parties as a regulatory formality required under UK takeover rules.

LAS VEGAS ENJOYS BIG INCREASES

The Nevada Gaming control Board revealed increased  revenue for Las Vegas Casino’s in March by 12.9% on the same period last year. Total Casino wins on the Strip were $US527.3 million from gamblers wagering $11.9 billion

A staggering $9.3 billion was generated by slot machines but that was actually down 0.6% with the $2.6 billion wagered on table games showing 8.1% uplift. An independent panel that projects tax revenues for Nevada decided to downgrad the revenues generated by gambling by $33 million. Over 30 per cent of Nevada’s general fund revenues comes from Casino taxes.

Also find out why you should join a lotto syndicate to improve your chances of winning the UK Lotto and EuroMillions lotteries and get entered into a 1 Million Daily Draw