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Casino Reinvestment and Expansion


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. Sarana365 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.

The Importance of Casino Marketing


Every department in the casino has a role to play, and each is important for different reasons. Our guests would not stay with us long if we didn’t employ janitorial services and our restaurants would not sell much without the cooking staff. Likewise, the casino marketing department is vital to the success of the casino. Consider the breadth of responsibility held within the casino marketing mix: promotions, advertising, player evaluations, player clubs, host staff, comps, ratings and slot marketing – and this is just to name a few.

While it would be exaggeration to suggest that players would stop coming to the casino if these disappeared, we would miss out on exponentially increasing revenue opportunities should we choose to not take advantage of all that the casino marketing department can offer.

Promotions

Few events breed excitement in the lives of our casino guests as much as the promotions we offer in the casino. rtp slot hari ini They keep the information on the refrigerator and mark the date on their calendar. They look forward to each event and breathe in the excitement the promotion promises to bring. Obviously, the primary purpose for such events is the revenue that is generated from the increase in play. However, it is also arguable that the heightened level of anticipation creates a loyalty within the guest that lends itself to repeated revenues in the future as well. The marketing department is critical in the evaluation and implementation of these promotions.

The marketing staff is first responsible for the evaluation of past promotions to determine what combination of events and offers will be most effective on which days of the week in order to ensure the utter-most profitability. Obviously, these rules will vary by location and casino and only a strategic analysis of past promotions, regardless of outcome, will provide the data needed to make informed and logical decisions. For example, an evaluation of your past slot tournaments may reveal that Tuesdays are more profitable than Thursdays. As a result, it could be a costly mistake to make any assumptions regarding the feasibility and profitability of these events. Instead, a thorough analysis conducted by the marketing department will ensure the optimal success of all future promotional campaigns.

After the profitability evaluation comes the preparation. In order for each event to be successful, the marketing department must wear a variety of hats to maximize the event. They are the masters of communication that ensure that all departments are working in synchronization in preparation for, and during, the event. Additionally, it is their organizational skills and attention to detail in the preparation that will ensure that guests are well received and enjoy the event to it fullest.

And let us not forget the event itself. This is when the host staff truly live up to their title, welcoming the guests into the event and ensuring that everyone is having a great time. This is your party and your patrons are exactly that, guests in your house.

5 USUAL STEREOTYPES ABOUT ONLINE SLOTS

Like any other popular thing during this world, online gambling is surrounded by many stereotypes and myths. Even some experienced online Slots players don�t know the reality and keep those weird beliefs alive.

But we are sure that online gambling is that the awesome thing when taken responsibly and need to scuttle all that rumours during this article.

ONLINE GAMBLING isn’t LEGAL

For some reason,5 USUAL STEREOTYPES ABOUT ONLINE SLOTS Articles many of us think that, unlike offline gambling, online Slot games are illegal everywhere the planet. But it�s not true. Or, to be precise, it�s not completely true. Online gambling is restricted in some countries where the govt isn’t satisfied by not getting taxes from them. But at an equivalent time, online Slots are completely legal in many other countries just like the uk where all kinds and sorts of online gambling are licensed by the united kingdom Gambling Commission.

ONLINE GAMBLING IS ADDICTIVE

Yes, a bit like caffeine, cigarettes, and every one that addictive stuff. But just for the certain people that are susceptible to addictions. But it doesn�t mean that each one the web gamblers are playing Slot games a day rather than getting to work, eating and sleeping. There was a search that showed that presently one of the US inhabitants has gaming addiction which isn’t tons, isn�t it? Most of the web Slot clients are playing gambling games from time to time and this hobby doesn�t harm their lives in any way. situs slot gacor

ONLINE SLOT GAMES aren’t FAIR

Some people think that online Slot games aren’t random and are adjusted by the Slots to form players loses. But you ought to know that each one the games within the reliable online Slots are licensed by the corresponding jurisdictions and are completely fair and random. Not one Slot will expose its reputation to attack for several dollars. You only got to play within the trouble-free Slots which will be found here.

ONLINE GAMBLING IS �NOT REAL�

The fans of the �real� gambling sometimes think that only the offline Slot games are often entertaining and lucrative while online gambling is �fake�. It could definitely be the reality a couple of years ago when online Slots were very simple from the technical side and couldn�t impress gamblers with advanced features and a good choice of games. But today, most of the web Slots have all the games presented within the offline ones and even more, filled with detailed graphics, bright animations, and unique sounds. So online gambling isn’t the bad version of the offline Slot games but the thanks to play your favourite slots without even leaving the house. Online and offline gambling aren’t interchangeable but can perfectly complement one another.

ONLINE GAMBLING IS FOR INTROVERTS ONLY

Online Slot games are considered to be �anti-social� because it doesn�t require getting out of the bed and getting to the Slot where you’ll ask people while playing the games. But God bless technologies, many online Slots now have chats for players and even the live dealer rooms so you’ll ask other players once you want. Or don�t ask them once you don�t want to (the choice not always given by the land-based Slots).

Key Issues to Help You Choosing an Online Casino

 

It’s known that there are thousands of gambling sites on the internet available to choose from. Unfortunately, there are also a large number of them that they are just scam, unfair websites. So, how would you be sure you are choosing the right one for you? Slot Gacor Hari ini

In order to help you make your online gambling experience as fun and enjoyable as it should be, we wrote this small and concise article with few and key issues you should always take in consideration before you decide to sign up and deposit money on any online casino.

Casino Information and License:

First of all, transparency is a key issue for any business. So, a reputable online casino will provide visitors with clear information at its website, and the absence of this information is a bad sign of an unreliable casino. A reputable online or land based casino is located where it is regulated and a permit is required to operate. Meets this criterion is a good sign of whether it is a trustworthy casino.

Quality of Customer Support:

Although the players usually overlook the customer support issue, you definitely should pay attention to provided casino’s customer support. You may hope that you don’t have any problems, but if any issue comes up, especially if it is financially related, you wouldn’t want to wait 24 hours or more for a response. If an online gambling site really wants to assist customers it should offer a 24 hours quality support with a wide range of contact options like e-mail, tool free telephone number, online chat and more. I really recommend you to make a kind of test. Try to contact casino’s customer support service before start playing, asking them a few questions about software platform, games and bonuses and rate how long it takes to receive a good response.

Casino Software Platform:

There are many different casino software providers available. Most of reputable gambling sites often use software from the top providers like Microgaming, Real Time Gaming, Rival Gaming, Playtech and Boss Media. Sometimes a gambling site may use its proprietary software, which don’t means it’s not good, but you should pay an extra attention to its characteristics and reputation.

Casino Payout:

While you analyze an online casino you should look for information about payout percentages. Many online casinos publish monthly results of their payout rates. When considering a higher payout percentages, as a casino advantage, you should be aware of how independent is the audit of this information.

Money Transfer:

Before begin playing at any online casino you should be aware of the available financial options. The top rated online casinos usually offers a large variety of withdraw and deposit options. You should also check you transfers limits that may be applicable in some cases, which may be negative issue against this casino.

Blue Poker Table Cloth Critical Overview


Uncover the mystery of Texas Holdem Poker Table Felt and see if it is right for you at this time. Please read our detailed overview of Texas Holdem Poker Table Felt.

When you go to any local casino that isn’t situated in the major cities,Suited Blue Poker Table Cloth Critical Overview Articles you usually find one of three colors for felt. You’ve got the traditional green, the immaculate red, and the professional blue. While each hold their own in the casino world, we found something with a little more style. It’s a Suited Blue Poker Table Cloth that dawns patterns of hearts, spades, diamonds, and clubs. Personally, we’ve never seen anything like it.

Last year, it was given to us as a Christmas present from our best friends who come over all the time. They’ve had the privilege to play poker on our two Holdem tables and needless to say, it hasn’t always been fun. Most of the time, we were stuck out in the garage because there wasn’t enough room to put a table in the house. Oh just thinking about the cold nights with a space heater by our feet is a little too much to take without laughing.

Those were the good old days, but eventually we found a new home right next door to Jeff and Krista. It has enough room in our finished basement to hold about ten poker tables, but we’ll never have that many people over. Although, it’s a thought for down the road. In the meantime, though, they knew how old our table looked. We got it free about ten years ago from a church that was upgrading their own.

Anyway, the felt is old with several stains on it so it’s a bit sore on the eyes. However, Jeff and Krista gave us this Suited Blue Poker Table Cloth for Christmas and once we put it on, you wouldn’t even believe the difference. It’s almost as if we purchased a brand new table. In fact, we’ve had some others over since then who really thought we did. Now that’s a great feeling when a mistake like that occurs.

The Suited Blue Poker Table Cloth has unbelievable appeal, but it is the pattern that makes it stand out on the table. Plus, the particular blue that it provides is not too bright or dark. 69vn It basically leaves you with a professional style that looks like it could be sitting in a real casino. In the years to come, we may even end up branching out with some other casino style tables. However, all in good time because for now we are enjoying our new poker table.

If you’ve been looking for something out there or the Suited Blue Poker Table Cloth in particular, we recommend the latter. While blue was our color of choice there are several on the Internet to choose. One thing we found out, though, was that the site our best friends bought it from had fantastic customer service. Knowing them, there were a million questions they asked, so it must have been good.

Just know that no matter what you choose, the look is magnificent. We can’t even explain it to where you would understand because it needs to be seen in person. According to Jeff and Krista, the images online really doesn’t give it justice. Soon, you’ll know what we mean.

Lucky Sevens Skill Stop Slot Machine Review


Uncover the mystery of the Lucky Sevens Slot Machine and see if it is right for you at this time. Please read our detailed overview of the Lucky Sevens Slot Machine.

If you’re a true Slot Machines Games lover,Lucky Sevens Skill Stop Slot Machine Review Articles then you’ve probably sat in front of a Lucky Sevens Skill Stop Slot Machine. It seems to be one of the Best Slot Machines in casinos today and has been for many years. However, it wasn’t always our favorite. In fact, we lost three thousand dollars on one of them sitting there expecting it to hit at one point, but after eight hours we walked out with our tails between our legs.

To be quite honest, there were many stories like that one. The worst part about it was that it was the same machine over and over again. You know, they always tell you to just accept the loss and move on but unfortunately, we could never do it with that one. It’s funny to think it took us nearly three years and ten thousand dollars to hit a big pot on the Lucky Sevens Skill Stop Slot Machine. That being said we still ended up losing money.

So is there a good part to this story? Well, we got so entangled with the competitiveness of beating these Used Slot Machines we bought two Lucky Sevens Skill Stop Slot Machines for our home. Talk about two determined people. Night after night, we ate dinner, took a walk, and then headed downstairs to our Casino Slot Machines. From 8pm-11pm, we’d play those machines and watch our favorite shows. However, the whole thing was that we were preparing ourselves for the casino.

Think of it like Rocky Balboa training for the big fight against all of Russia or any of those “David vs. Goliath” stories. While at first we weren’t sure how this was going to affect our play at the casinos, we soon realized the benefits. Our main goal was to stay away from being greedy and play all the Free Slot Machines Games we could. Instead of always playing the maximum bet each time, we’d alternate between one token, two or three. Just like when we play blackjack.

Granted, it’s a lot easier at home and since you get a key for full access, you can only imagine the temptation. Our biggest issue with our Lucky Sevens Skill Stop Slot Machine, well both of them was that we were playing them an awful lot and afraid they would breakdown. However, we were told by the superior customer support that there is a lifetime warranty that covers everything but the light bulbs.

Anyways, you would think that we should just plug them in the wall on each side of our bed because we play them so much. In the end, we didn’t hit the proverbial jackpot, but nickel and dime it to death. Today we are up well over six thousand dollars on that particular machine. Unfortunately our last hit was about two months ago for a little over eight hundred dollars. Recently www.mountainbreezecamp.com took that one out, but there are still plenty more to play.

Listen, we aren’t trying to coax you into buying this, but we will say that having the Lucky Sevens Skill Stop Slot Machine gave us an advantage. We tried mathematical systems, spin sessions, and other variables trying to figure out what would work best. When it came down to it, once we diminished the thoughts of greed and revenge the money started rolling in little by little. Patience truly is a virtue regarding how to Win at Slot Machines.

Lucky Sevens Skill Stop Slot Machine Review


Uncover the mystery of the Lucky Sevens Slot Machine and see if it is right for you at this time. Please read our detailed overview of the Lucky Sevens Slot Machine.

If you’re a true Slot Machines Games lover,Lucky Sevens Skill Stop Slot Machine Review Articles then you’ve probably sat in front of a Lucky Sevens Skill Stop Slot Machine. It seems to be one of the Best Slot Machines in casinos today and has been for many years. However, it wasn’t always our favorite. In fact, we lost three thousand dollars on one of them sitting there expecting it to hit at one point, but after eight hours we walked out with our tails between our legs.

To be quite honest, there were many stories like that one. The worst part about it was that it was the same machine over and over again. You know, they always tell you to just accept the loss and move on but unfortunately, we could never do it with that one. It’s funny to think it took us nearly three years and ten thousand dollars to hit a big pot on the Lucky Sevens Skill Stop Slot Machine. That being said we still ended up losing money.

So is there a good part to this story? Well, we got so entangled with the competitiveness of beating these Used Slot Machines we bought two Lucky Sevens Skill Stop Slot Machines for our home. Slot Gacor Talk about two determined people. Night after night, we ate dinner, took a walk, and then headed downstairs to our Casino Slot Machines. From 8pm-11pm, we’d play those machines and watch our favorite shows. However, the whole thing was that we were preparing ourselves for the casino.

Think of it like Rocky Balboa training for the big fight against all of Russia or any of those “David vs. Goliath” stories. While at first we weren’t sure how this was going to affect our play at the casinos, we soon realized the benefits. Our main goal was to stay away from being greedy and play all the Free Slot Machines Games we could. Instead of always playing the maximum bet each time, we’d alternate between one token, two or three. Just like when we play blackjack.

Granted, it’s a lot easier at home and since you get a key for full access, you can only imagine the temptation. Our biggest issue with our Lucky Sevens Skill Stop Slot Machine, well both of them was that we were playing them an awful lot and afraid they would breakdown. However, we were told by the superior customer support that there is a lifetime warranty that covers everything but the light bulbs.

Anyways, you would think that we should just plug them in the wall on each side of our bed because we play them so much. In the end, we didn’t hit the proverbial jackpot, but nickel and dime it to death. Today we are up well over six thousand dollars on that particular machine. Unfortunately our last hit was about two months ago for a little over eight hundred dollars. Recently they took that one out, but there are still plenty more to play.

Listen, we aren’t trying to coax you into buying this, but we will say that having the Lucky Sevens Skill Stop Slot Machine gave us an advantage. We tried mathematical systems, spin sessions, and other variables trying to figure out what would work best. When it came down to it, once we diminished the thoughts of greed and revenge the money started rolling in little by little. Patience truly is a virtue regarding how to Win at Slot Machines.

Myths related to the slot machines�!!


All around the world in casinos slot machines are considered pretty well known draws. Though each of the countries possesses their very own distinct variety of slot machines, the sole very basic notion behind all of them is the same.

Conventionally,Myths related to the slot machines�!! Articles slot machines used to be machines operated though coins with three or even more reels that tend to spin when ever a liver besides the machines is released after being pulled. �One armed bandits� is the affectionate nick-name for slot machines for they possess a one-armed manifestation.

The latest of the variations in slot machines even allows the players to play slot games by inserting paper tickets possessing barcodes or even cash instead. Some machines of the present era might as well provide you with a touch screen that when touched initiates the spinning of the wheels.

An average of the slot machine does not get cold or hot, for the odds of a particular person hitting the winning combination of the reels of the machine are determined and dependent on a number generator which is random in totality. This generator is built into the software of the slot machine itself where the odds do not change ever.
The placement of the slot machine also involves some coherent reasons as well. The machines that pay higher than the others are avoided being placed in regions where there is much traffic, while machines that share similar percentages of the payouts are placed together side to side.

The payout received will not be affected by the temperature of the coins which are inserted into the slot machine. Slot machine do not have the tendency of sensing the temperature and thereby payout distinct percentages determined by the temperature of the coins utilized.

When it comes to using a slot club card people believe their payout will be affected. But the card does not at all affect the machine�s payout percentage. This card is only used in assisting the casino in order to monitor the player on the basis of his gambling and also the other corresponding amenities that need to be granted to the player.
toto slot It is quite contrary to the popular beliefs that states that a slot machine is not �due to hit� when it has not paid out for a long period of time. When a machine is due to hit determining a hit in the machine is impossible for each spin on the machine is random and does not depend on the earlier spins.

How to Leave the Casino with a Fortune


Here are the top tips on how to improve your skills if you really want to win big in the casinos. Winning big takes more then just a bit of luck.Play:Every game in the casino entices players with promises of riches beyond the imagination,How to Leave the Casino with a Fortune Articles but most of these games the chances of getting those riches are so astronomically against you it is better to avoid the ones that deal with luck. Games like slot machines, keno and even craps, which has the best odds for the player in the entire casino is all about luck. Stick to games of skill such as poker, blackjack, you do have to deal with the luck of the draw but after that it is all about the skill and experience required to win especially if you are trying to win big.Learn to play:The most important thing to winning money in the casino is the number of hands you play. The more you play the better your chances of winning a big hand. Many people make the mistake of trying to learn more then one game at a time. But this just means that you are going to spend more time before you are proficient at either game. Find a game you enjoy playing and stick to that game, and the more time you spend practicing the more experience and the faster you will learn.Body language: The way you approach the table and the way you sit in your seat will be noticed by the other players. PAS4D with experience will walk with confidence, where as a weaker player will be less sure of himself. If you want to win you have to make everyone else think you are in control and that you know what you are doing. By doing this well you will have an advantage when tying to bluff.Clothing:How you dress can earn you some respect or lose you some respect. Dressing in a suite is not necessary, but by dressing neat and clean people will give you more respect then someone sitting at the $20 table, wearing a shirt with Spencer patches, sunglasses and a hat pulled down over their eyes just looks like a fool and makes everyone laugh at you. If this is part of your strategy then ok but if you think it will make people fear your skill let me tell you know it will not work.Money:As the old saying goes it takes money to make money, and if you want to take home a chunk of the casinos money you are going to have to be realistic. You are not going to win a fortune playing blackjack for 20 dollars a hand. You will need to play big to win big. You should be betting the casino max, which is usually around $1,000 a hand. You are going to need a substantial bank roll, but that does not mean that you should throw money at every single hand, if you are not getting any good hand you can always change tables, and many casinos will allow you to request a new dealer.Opponents and Other Players:In some poker games like Texas Holdem you are playing to beat the other players at the table, but in games like 3 card poker and Blackjack you only have to play against the dealer. In games where you have to play against the other players you want to play against weaker players, but in a game where you are playing against the dealer it does not matter what how good the other players are, except that a bad player can mess up your game.With these 6 little tips you can greatly improve your chances of winning some serious money in the casinos and making the change from amateur gambler to one of the pros.

6 Helpful Online Slot TipsWant to know more about online casino games?


Gambling is a world where it seems as though everyone�s trying to give you money. But the reality is that all the onlinecasinos and gaming dens lure you hoping to see your wallet shrink in size

Gambling is a world where it seems as though everyone�s trying to give you money. But the reality is that all the casinos and gaming dens lure you hoping to see your wallet shrink in size. Every gambler dreams of that one big win,6 Helpful Online Slot TipsWant to know more about online casino games? We provide you with all the i Articles but for most it remains a dream.

Online Slot machines are a comparatively less harmful way to take charge of how much you loose and win. It is a way wherein you can play with a relaxed mind and don�t need to plot, plan, or guess. Here the luck takes charge. Well, almost!

Here are a few tips to help you come out a winner when gambling on the slot machines:

� Don�t play on borrowed cash. This will only make you tense and keep that jackpot miles away from you. A positive and relaxed mind attracts treasures as you are less prone to overlook clues and information that could lead you to a win.

� Be very clear as to why you are near the slot machines at all. Are you there to enjoy yourself while you win some money doing �just so�, or are you after the �big win�. This will govern the type of slot machine that you will choose because the machines for small frequent small pay outs and less frequent big jackpot will be different from each other.

� Read your destiny in the symbols on the slot machine. When you select a slot machine, check how many symbols it has. The number of symbols is directly proportional to the combinations that can be made and therefore the number of times you are likely to win. But remember � more wins mean less winning amount.

� When to go for that biggie? Small wins will not keep you satisfied for long. Your palms will itch to play for the progressive big jackpot. Do not succumb to this desire until the progressive jackpot becomes exceptionally big. History says that when the progressively building jackpot becomes really big, it is very likely to burst. Wait for such an opportunity.

� For your own safety play slots at reputable online casinos that offer a bonus. This will not only give you peace of mind but also generous bonuses to play on. mahjong ways 2

� Remember to stop. Many players forget this simple rule and loose all the money they earned from playing slots and sometimes much more.

It is easy to get carried away when you see the money roll in. True winners quit when they are still at a �high�.