Monthly Archives: July 2024

Expected is that international brands will continue to launch their brands in New Zealand whilst the market will also open up to domestic gambling operators in the next few years.

The New Zealand casino market is therefore projected to grow to a total value of NZD 3.1 billion by 2029, with a CAGR of 5.2% over the forecast period. This growth will be driven by advancements in technology and favourable regulatory changes.

Expansion Of Online Gambling: The online gambling sector is expected to see significant growth, potentially capturing 60% of the total market by 2029. Innovations such as mobile gaming apps and the interactivity delivered by live dealer games will make online casinos the first sought after option for casino games, even before the country land-based casinos that are expected to focus on other forms of leisure such as food & dining, music events and other entertainment.

Regulatory Adjustments: Anticipated regulatory changes will likely provide a more structured and safer environment for online gambling, enhancing player confidence and market stability. Industry experts have appealed for regulating iGaming in the country to offer better player protection on the one hand and get the most out of this billion dollar industry via taxes and other financial contributions.

Land-Based Casinos: Brick and mortar casino venues are expected to maintain steady growth, contributing around 40% of the total market value by 2029. The countrys biggest casino operator, SkyCity, has been under siege due to disputes with the countrys Department of Internal Affairs (DIA) and Australias gambling authority Austrac, and will need to stabilise its activities in order to do so.

Lotteries: Continuing to be a significant contributor in the country, with modest growth expected over the forecast period. Lotteries in other countries have quickly moved from physical sales to online sales and will need to use technological advancements in their favour to move along with consumers changing preferences.

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Casino Industry in New Zealand: Market Size and Trends 2024-2029 - OK!

The newest casino resort in South Korea, Mohegan Gamings Inspire, could help the local gaming industry fend off competition from Japan writes Marjorie Preston. A researcher says the industry needs a promotional push, too.

Long before Singapore, Mohegan Sun in Uncasville, Connecticut defined the integrated resort (IR) concept.

The second largest IR in the U.S., behind WinStar World Casino in Oklahoma, Mohegan Sun opened in 1996. It offers a mind-boggling mix of gaming and non-gaming attractions: two casinos, two luxury hotels, a sprawling retail district, dozens of food-and-beverage outlets, plus clubs, spas, pools, and 375,000 square feet of meeting space.

Now the tribal gaming powerhouse is showing Korea how its done. Its $1.4bn Mohegan Inspire in Incheon, South Korea officially debuted in March. It is being called the new model for IRs in the country, and part of the governments plan to boost international tourism from 11 million to 20 million visitors per year.

It couldnt come soon enough for the market, which is bracing for competition from Japan. In 2030, MGM Osaka, a project of MGM Resorts International and its Japanese partner, financial services firm Orix Corp., will open Japans first legal casino. Just 90 minutes away by air, MGM Osaka will be vying for the same pool of international customers.

Before Inspire, other Korean casino resorts laid claim to the IR label. Paradise City, also in Incheon, opened in 2014 with a hotel, theme park and meeting and convention facilities. Jeju Shinhwa World on Jeju Island, in operation since 2018, is a Marriott property with a hotel, theme park and water park.

Inspire has raised the stakes. The property has three hotel towers, a 15,000-seat multi-purpose arena, the nations largest ballroom, a glass-domed water park and a massive outdoor entertainment park.

But Osaka will bring formidable competition. Set on Yumeshima Island in Osaka Bay, host destination for the 2024 World Expo, the $8.5bn megaresort will feature three lavish hotels, 730,000 square feet of conference and exhibition space, a retail district, entertainment venues and a Japanese cultural museum spanning 700 acres. MGM President and CEO Bill Hornbuckle says it will bring MGMs wow DNA from Las Vegas to Osaka.

In a recent Korea Times opinion piece, Osaka research scientist Yang Hyung-eun said now is the time for Korea to step up its game. He claims the country has waited too long to advance its IR industry, emphasizing regulation over promotion. He called for a white paper to lay out strategy ahead of MGM Osaka.

Yang says Japan gaming will pose a significant threat to Korea, which could be amplified if the Japanese government licenses additional IRs. (Nagasaki tried and failed to win one of three available licences, but Tokyo is often mentioned as a possible location.)

The innovation of the Korean casino industry begins with a shift to the integrated resort industry policy in terms of future growth, the researcher wrote. Now is the time for a future vision and philosophy for the South Korean casino industry.

Meanwhile, Inspire, which launched a soft opening in November 2023, is already making its mark. According to the New London Day, in the fiscal year that ended March 31, it contributed $35.9m of a record $461.7m in net revenue for the Mohegans. CBRE analysts say it could achieve positive cash flow by early 2027.

At Inspires grand opening last March, Mohegan Gaming President and CEO Ray Pineault said the IR near Incheon International Airport will set a new benchmark in hospitality and entertainment, welcoming guests from around the globe.

Hopefully, it will also bring them back to Korea, even after Japan opens for business.

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South Korean casino industry prepping to hold off latest Japan competition - iGaming Business

L.L. Bean has just added a third shift at its factory in Brunswick, Maine, in an attempt to keep up with demand for its iconic boot.

Orders have quadrupled in the past few years as the boots have become more popular among a younger, more urban crowd.

The company says it saw the trend coming and tried to prepare, but orders outpaced projections. They expect to sell 450,000 pairs of boots in 2014.

People hoping to have the boots in time for Christmas are likely going to be disappointed. The bootsare back ordered through February and even March.

"I've been told it's a good problem to have but I"m disappointed that customers not getting what they want as quickly as they want," said Senior Manufacturing Manager Royce Haines.

Customers like, Mary Clifford, tried to order boots on line, but they were back ordered until January.

"I was very surprised this is what they are known for and at Christmas time you can't get them when you need them," said Clifford.

People who do have boots are trying to capitalize on the shortage and are selling them on Ebay at a much higher cost.

L.L. Bean says it has hired dozens of new boot makers, but it takes up to six months to train someone to make a boot.

The company has also spent a million dollars on new equipment to try and keep pace with demand.

Some customers are having luck at the retail stores. They have a separate inventory, and while sizes are limited, those stores have boots on the shelves.

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Riverside woman wins $1.5M prize at Yaamava' Resort and Casino - NBC Los Angeles

The Mirage Hotel and Casino in Las Vegas is set to close its doors on Sunday for hotel guests and on July 17 for its casino. Before then, it is giving away $1.6 million in cash prizes.

The Mirage is owned by Hard Rock International, which is owned by Floridas Seminole Tribe. The property will be shut down until 2027 as it undergoes major renovations and a rebrand into Hard Rock Las Vegas, including a new guitar-shaped hotel tower replacing the old volcano at the Mirage.

The Mirage must give away its progressive jackpots before ceasing gaming operations, according to the Las Vegas Review-Journal.

These progressive prize pools for slots and table games are increased every time a game is played without a jackpot winner, akin to lotteries like Powerball and Mega Millions.

Most of the prize money, $1.2 million, is being disbursed on set days through drawings every 30 minutes from 3 p.m. to 7 p.m. local time, per the hotels website. Any player at the casino with their Unity membership card inserted into a slot machine is eligible to win.

Through Thursday, $200,000 will be given away daily. On Friday and Saturday, $250,000 will be given away daily, and next Tuesday $100,000 will be given away.

Another $400,000 is being offered to table game players. On Friday and Saturday from 11 a.m. to 7 p.m. local time, players sitting at various poker, blackjack and baccarat tables who have a Unity card will be signed up for a drawing held at 8:30 p.m. each night.

There will be two total winners for the table game drawings. Fridays winner will receive $217,424.45, while Saturdays winner will get $230,075.28.

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Mirage Hotel and Casino in Las Vegas giving away $1.6 million in prizes before it shuts down - Washington Times

Stakelogic Live, a leading developer of live casino content and software, is thrilled to announce a significant partnership with Switzerlands premier online casino, mycasino. Operated by Grand Casino Luzern, mycasino is set to revolutionize its live casino offerings by integrating Stakelogic Lives groundbreaking Chroma Key Studio technology.

Introduction of Chroma Key7 Seat Blackjack:

Through this strategic collaboration,mycasinowill introduce a fully branded7 Seat Blackjackgame to its live casino portfolio. This integration leverages the innovativeChroma Key Studio, a state-of-the-art green screen technology that allows operators to project their unique branding onto live casino tables. This technology offers an unparalleled level of customization and a distinct, immersive gaming experience that players wont find elsewhere.

Chroma Key Studio stands out as a powerfultool for personalizationin the competitive live casino market. Streaming directly from theNetherlands, this technology utilizes the highest-quality broadcasting methods to deliver an exceptional live gaming experience. Operators can distinguish their live casino games, creating a unique and engaging atmosphere for their players.

Grand Casino Luzernhas recently strengthened its alliance with Stakelogic Live by incorporating the full suite of live casino games into its mycasino platform. This partnership positions Grand Casino Luzern among the top-tier operators that are redefining the live casino industry with cutting-edge technologies like Chroma Key.

Stakelogic Lives perspective:

Neil Tanti, Senior Sales Manager at Stakelogic, expressed his enthusiasm for the partnership, stating in the companys press release, Chroma Key Studio has been one of our most successful innovations since its launch in 2023. We are thrilled to introduce it to a new audience through our collaboration with mycasino, the biggest operator in Switzerland. This partnership is set to enhance the live casino experience for thousands of players in the country.

Wolfgang Bliem, CEO of Grand Casino Luzern, highlighted the importance of standing out in a competitive landscape, especially in the live casino segment. He remarked,Live casino is an extremely popular attraction among Swiss players, and in an increasingly competitive landscape, it is important to be able to stand out from the competition. This integration with Chroma Key allows us to achieve this. It also continues to build on the strong relationship we already have established between our brand and our players.

The integration of Chroma Key technology into mycasinos live casino offerings is expected to significantly elevate theplayer experience. By providing a fully branded, immersive gaming environment, mycasino aims to attract more players and retain its position as Switzerlands leading online casino. The partnership underscores the commitment of both Stakelogic Live and Grand Casino Luzern to innovate and deliver top-tier gaming experiences.

As Stakelogic Live continues to expand its presence in theglobal market, collaborations like this one with mycasino are crucial. These partnerships not only showcase the companys innovative technologies but also highlight its ability to adapt and cater to the unique needs of different markets. With Chroma Key Studio, Stakelogic Live is setting a new standard in the live casino industry, offering operators the tools they need to create personalized and engaging gaming experiences.

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Grand Casino Luzern Partners with Stakelogic Live for Exclusive Chroma Key Blackjack - World Casino Directory

The OJays with special guest The Spinners, 8 p.m. Saturday, Hard Rock Live at Etess Arena, Hard Rock Hotel & Casino Atlantic City.

The OJays deliver chart-topping R&B hits like Back Stabbers and Love Train while The Spinners perform tunes including Could It Be Im Falling in Love and Ill Be Around.

Tickets are $92.30, $123.10, $144.60 and $221.81 and are available at ticketmaster.com. Door time is 7 p.m.

Christopher Cross will perform Friday at Harrah's.

Christopher Cross, 9 p.m. Friday, The Concert Venue, Harrahs Resort Atlantic City.

Cross, 73, a San Antonio native, performs hits such as Ride Like the Wind and Sailing.

Tickets are $54.50, $64.50, $84.50, $93.50 and $184.50 and are available at ticketmaster.com.

Country-folk singer-songwriter Amos Lee will perform Saturday at Borgata.

Amos Lee Transmission Tour, 8 p.m. Saturday, The Music Box, Borgata Hotel Casino & Spa, Atlantic City.

Lee, 47, a Philadelphia native, embodies the heart and passion of folk, rock and soul music.

Tickets are $69, $89 and $142.75 and are available at ticketmaster.com.

Blue Oyster Cult, 9 p.m. Saturday, Golden Nugget Atlantic City.

Blue Oyster Cults canon includes three classic songs, (Dont Fear) The Reaper from 1976, Godzilla from 1977 and Burnin for You from 1981.

The band features vocalist/lead guitarist Donald Dharma Roeser and vocalist/rhythm guitarist Eric Bloom, complemented by Richie Castellano on guitar and keyboards, bass guitarist Danny Miranda and drummer Jules Radino.

Tickets are $59, $69 and $99 and are available at ticketmaster.com.

Geoff Downes and Asia will perform Friday at Tropicana.

Asia: The Heat of the Moment Tour, 8 p.m. Friday, Showroom, Tropicana Atlantic City.

Supergroup Asia performs live with special guests Focus, Martin Turner and Curved Air. Asia is keyboardist and original member Geoff Downes, guitarist John Mitchell, lead vocalist and bassist Harry Whitley and drummer Virgil Donati.

Asia will play fan-favorite songs such as Heat of the Moment, Only Time Will Tell and Sole Survivor.

Tickets are $49.50, $64.50 and $79.50 and are available at ticketmaster.com.

Brian McKnight will perform Friday at Ocean Casino Resort.

Brian McKnight, 9 p.m. Friday, Ovation Hall, Ocean Casino Resort.

Singer, songwriter, producer and multi-instrumentalist McKnight, 55, a Buffalo, New York, native, has received 16 Grammy award nominations and sold more than 25 million albums worldwide. He is known for his albums Back at One, Brian McKnight and Anytime.

Tickets are $29, $39, $49 and $79 and are available at ticketmaster.com. Door time is 8 p.m.

An Evening with Steve Trevino, 7 p.m. Saturday, Sound Waves at Hard Rock Hotel & Casino Atlantic City.

Trevino, 46, a Texas native, is known for his anecdotes and observational comedy.

Tickets are $67.70 and $77.95 and are available at ticketmaster.com.

Whos Bad The Ultimate Michael Jackson Experience, 8 p.m. Saturday, Harrahs Resort Atlantic City.

Whos Bad is a performance of the late Michael Jacksons catalog of hits such as Beat It, Billie Jean and Smooth Criminal.

Tickets are $24.40, $27.50, $34.50, $38.50, $100 and $120 and are available at ticketmaster.com.

Classic Albums Live Presents David Bowies The Rise and Fall of Ziggy Stardust and the Spiders From Mars, 8 p.m. Saturday, Resorts Casino Hotel.

Founded in 2003 by Craig Martin, Classic Albums Live takes the greatest albums of all time and recreates them live on stage. Forgoing costumes and impersonations, Classic Albums Live concentrates solely on the music.

Tickets are $35, $45 and $55 and are available at ticketmaster.com.

Disco Inferno, 8 to 9:30 p.m. Sunday, Grand Ballroom, Ballys Atlantic City.

The ultimate disco party will be held at the casino with nonstop hits by ABBA, Gloria Gaynor, Michael Jackson, KC and the Sunshine Band, Donna Summer, the Bee Gees, Anita Ward, Barry White and more.

After the event ends, an after party will be held at Phils Carousel Bar with disco music all night long, plus specialty cocktails and random appearances by the Disco Inferno cast.

Tickets are $30, $40 and $50 and are available at ticketweb.com for all ages. Doors open at 7 p.m.

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Atlantic City casino headliners for the weekend of July 12 - Press of Atlantic City

Caesars has held a topping-out ceremony for its new 12-story hotel tower at Harrahs Cherokee Valley River in North Carolina.

US.- Caesars Entertainment has held a topping-out ceremony for its new 12-story hotel tower at Harrahs Cherokee Valley River Casino in North Carolina as part of its $275m expansion plans. The resort opened the first phase of its expansion with a new casino floor in May.

The second phase of the expansion project will see 296 new hotel rooms, an indoor pool and fitness center, a 12,000 square-feet rooftop restaurant featuring a 12-seat bar and wine cellar, and a 9,600 square feet spa featuring six treatment rooms, a relaxation lounge and salon.

Lumpy Lambert, Harrahs Cherokee Valley River general manager, said: Its exciting to see how far weve come during this expansion project since breaking ground in 2022. We are particularly grateful to our stakeholders, partners and construction teams for their continued efforts and support. They are the backbone of this project and have played a significant role in us reaching this milestone.

The new 25,000-square-foot casino floor includes a new poker room, 300 more slot machines, eight additional table games, and a central casino bar with 22 seats.

The Catawba Two Kings Casino launched its first live table games as part of the third expansion of the temporary gaming facility in Kings Mountain, North Carolina. Its offering craps, roulette, mini-baccarat, blackjack, Mississippi stud poker, and three-card poker.

The casino added 64 slot machines earlier this month. Work on upgrading the temporary casino began in February 2024 using prefabricated modular structures.

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Harrahs Cherokee Valley River Casino holds topping-out ceremony - Focus Gaming News

In addition to traditional casino games, Finns are enthusiastic about playing at online casinos. This makes Finland an important market for many of the worlds largest gambling companies, leading to major investments in Finnish online casinos.

By many measures, Finnish online casinos are light-years ahead of, for example, African casinos in terms of development. Even on a European scale, Finnish casinos are at the forefront when talking about technology and usability.

One of the most significant development steps in Finnish online casinos in recent years is the Pay N Play gaming. These casinos are known in Finland as pikakasinot , meaning basically fast casinos, and within just five years, they have captured over half of the Finnish online casino market.

Unlike traditional online casinos, fast casinos do not require players to register an account. Instead of filling out personal information on a registration form, players can start playing by logging in with their online banking credentials.

Naturally, using online banking credentials for identification is much faster than registering an account, making these casinos perfect for nowadays busy lifestyle. These casinos also process withdrawals faster than traditional online casinos. Typically it can be expected for winnings to arrive in less than five minutes.

Currently, more than half of the new Finnish online casinos operate without registration and the trend only seems to get bigger.

The popularity of fast casinos in Finland would not be possible without the fact that practically every citizen has access to online banking credentials. The operation of Pay N Play casinos is based on playing with online banking credentials and would not be possible without them.

In Finland, online banking credentials are the primary method of identification for all official services. In addition to playing casino games, Finns use their BankID for various purposes, such as dealing with the tax authorities and checking their health records.

In neighboring Sweden, mobile verification is widely used for casino gaming, and in Estonia, ID card authentication is common. However, these methods have not gained significant popularity in Finland, and Finnish online casinos generally do not offer login options via mobile verification or ID cards.

Finnish online casinos are well-known for offering a variety of casino bonuses. A few years ago, almost every online casino offered bonuses. Nowadays, with the rise of fast casinos, the variety has slightly decreased, but players can still find free spins and deposit bonuses for every day of the week.

A distinctive feature of bonuses on Finnish online casinos - compared to many other markets - is that they are genuinely user-friendly. The simple reason for this is that Finnish players can be so valuable to online casinos that they go to great lengths to attract them to play.

On Finnish online casinos, the rules and terms of the bonuses are easily accessible and usually clearly stated in Finnish. Finnish players are careful with bonus terms, which is why many casinos strive to present this information in an exceptionally clear manner.

In Finland, wagering requirements for casino bonuses are set at a reasonable level, making it possible to convert bonuses into real cash. It is not uncommon for players to be able to make withdrawals using a welcome bonus on Finnish online casinos.

Some Finnish online casinos even offer no-deposit bonuses. In these cases, players can receive bonus money or free spins as a thank you for registering an account.

Finnish online casinos also stand out because their usability is among the best in the world. Their interfaces are designed specifically for mobile gaming, and the vast majority of Finnish players enjoy casino games through their smartphones.

The menu structure of Finnish online casinos is usually as simple as possible, even on highly versatile platforms. The fewer menus and buttons there are, the more comfortable it is to navigate via a smartphone.

Previously, many Finnish online casinos released separate mobile apps to facilitate gaming. Nowadays, this practice has largely been abandoned, and Finnish online casinos are primarily designed to be mobile-friendly every way.

Finnish players also have high expectations when it comes to visual appeal. Therefore, Finnish online casinos invest heavily in graphics, and many casinos feature a fun theme. Finnish players appreciate a thoroughly designed casino experience in all aspects.

Finland is one of the few countries in the world where the state holds a monopoly on gambling. Yes the Finnish state operates all forms of gambling and reaps enormous profits annually from the losses of its citizens. These funds are used for various public benefits, such as supporting sports and culture.

However, Finns are allowed to play on online casinos operated from other countries. In recent years, this has led to a situation where a significant portion of the money Finns spend on gambling flows to online casinos operated from Malta or Estonia.

As a solution, Finland is dismantling the old monopoly system and introducing a new open licensing system. In a few years, gambling companies will be able to apply for an official license to offer casino games in Finland and to Finnish players.

The reform of gambling legislation is likely to be a positive change for the development of online casinos as well. When operations become genuinely legal, gambling companies will likely make even larger investments in the Finnish market.

In summary, Finland is currently one of the leading countries in online casino gaming. In the future, it is expected that Finlands position as a top country for casino gaming will only strengthen further.

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Finnish online casinos are significantly ahead of African ones - Business Insider Africa

Posted on: July 11, 2024, 02:32h.

Last updated on: July 11, 2024, 02:38h.

Ballys Corporation, which closed the Tropicana Las Vegas last April and has slowly been demolishing it since, filed an application to implode the casino resorts two 22-story towers on Thursday.

The permit application, filed with Clark County, requests the implosion of the vintage Las Vegas Strip resorts Tropicana Club and Paradise towers in a single explosive event.

Unnamed demolition companies would begin setting up by Sept. 30 at the earliest, and complete the blast before Oct. 8, according to the permit application, which values the cost of the implosion contract at $1.2 million.

Representative of the Ballys Corporation, the operator of the 1950s relic, are keeping mum on all specifics. No doubt, they will try to hide the implosion date from the public, and conduct it in the wee morning hours.

Their only logical goal would be to discourage as many in-person observers as possible, should anything not proceed as planned.

Clark County approved a demolition permit for the site on April 20. Since then, Ballys has been slowly deconstructing the Tropicana, which closed on April 2, just shy of its 67th birthday.

The Oakland As have expressed their intention to build a $1.5 billion, 33,000-seat ballpark on 9 of the sites 36 acres. According to Ballys and Gaming & Leisure Properties, which owns the land, the other 27 acres will be developed as a casino resort.

Critics of the project include Casino.orgs own Vital Vegas blogger Scott Roeben, who has written that the As have shown no signs they have financing for a $1.5 billion anything, including a stadium.

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Ballys Files Implosion Permit Application to Drop Trop - Casino.Org News

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Lunubet Casino: Your Guide to Online Gambling in New Zealand - Crypto Reporter