Barcrest Fruit Machines Online

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. ww.ufabet.com

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!
Casino Games – A Review of Villento Casino

Online Slots More Popular Despite Higher House Edge

A land based Casino or an online casino? Which provides more entertainment and excitement? Well, the online casinos have certainly given a new dimension to the world of enjoyment and amusement.

No doubt, there is definitely something more real and exciting playing at a real fun casino. The loud music, drinking a few free beverages, wagering your money and shouting with excitement is fun. But that’s it. The comparison ends there.

Here are different advantages and  ลิ้งดูบอลสด disadvantages of these 2 very different fun casino experiences:

1. Location: One of the biggest advantages online casinos have is that they are right there in comfort of your own homes to play at. Unlike the land casinos, you don’t have to make a trip or travel to play at an online casino. You can access any type of fun casino game at any time and from anywhere.

2. Variety of games: Online casinos provide a huge variety and number of games. Land based casinos, on the other hand are limited due to floor space. It is impossible to fit in all variety of Casino games within the four walls of a real casino. Online casinos exist in cyberspace, where space is unlimited and not a problem. One can virtually play any game, with any variation they desire.

3. Graphics: The realistic looking graphics at online casinos give you the real feel and excitement of playing at a live Casino. The quality of the graphics and animations keep getting better with time. The land based casinos often have inferior graphics and sounds when compared to an online casino.

4. Environment: While playing at the web casinos, one has all the time to pause, think, ask a friend, or even consult a book for the next move. You have all the time in the world. One does not have such a choice in a land based casino where one has to make quick decisions without consultation. At online casinos, the pace of the game is in your control.

5. Payment Options: You can almost never play for free at a land based casino. Leave alone a few practice games. Well, you have no such problems at web casinos. You can play as many free games as you want for practice or just for fun. It is entirely your choice when you want to gamble for real money.

With many payment options available on an online casino which are both safe and secure, transferring money online has never been a problem. One has no worry about carrying chips or misplacing them.

Free Casino Chips and Honest Online Casinos

The Proper Care & Feeding of the Golden Goose

Under 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 Goose

Although 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 Allocation

As 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 Priorities

There 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/Growth

The 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 & Replacement

Maintenance & 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 Savings

Investment 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 & Growth

Leveraging is the key catalyst of any revenue enhancing/growth related investment. It includes the following:

o Patronage Base
o Available Funds
o Lands
o Marketing Clout
o Management Experience

The 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. เว็บสล็อต

Master Planning

Anticipation 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 Picture

Before 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.