Category Archives: Online Casino

Connecticut collected roughly $1.7 million during the first month of legalized online gaming and sports wagering, which was kicked off with a soft launch in mid-October.

The Connecticut Department of Consumer Protection publishes the monthly gaming revenue statistics on their website. Detailed numbers from the Connecticut Lottery, Mohegan Sun Casino and Foxwoods Casino can be viewed here.

November numbers are expected soon, once payments are made to the state.

Rodney Butler, chairman of the Mashantucket Pequot Tribal Nation, said the numbers from October exceeded his team's expectations.

"The first two weeks were phenomenal from our perspective," said Butler. "November is going to be coming out shortly and what you saw in October carried over into November and we saw that same level of growth. I think the state is going to be pleased with the tax payment that is going to be coming their way shortly."

Butler was at Foxwoods Casino today as his team took the final step in rolling out their online gaming and sports wagering process. They celebrated the official opening of the Draft Kings Sportsbook at Foxwoods, a central location with kiosks, two bars and a restaurant, where people can go in person to place bets.

"We can say we are finally fully open. We are online, we are on premise, we have our app that is working on the reservation, off the reservation and really from this point- it's just growing the opportunity," said Butler.

Mohegan Sun partnered with FanDuel and officially launched their sportsbook in October.

MoheganDigital is very pleased with the October online gaming performance. Although still very early, our results are tracking in line, to slightly better than we anticipated with our initial projections," Rich Roberts, President ofMoheganDigital forMoheganGaming & Entertainment wrote in a statement.

The Connecticut Lottery operates online and retail sports betting. In October the lottery returned a total of $58,712 in sports betting revenues to the state of Connecticut. The numbers represent the period from October 12 to 31.

According to a spokesperson for the Connecticut Lottery, their retail total represents less than a week because they did not have retail in operation until October 25.

The new industry is expected to bring millions of dollars into the state for years to come. The state receives 13.75% of gross gaming revenue for sports betting and 18% for online casino gaming.

The money is deposited into the state's general fund.

State Senator Cathy Osten, D - Sprague, said she would like to see more of the money go directly to towns.

"I am working on another bill this year that would put more money towards municipalities which will help out paying for schools, paying for public works," said Osten.

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CT Collects Nearly $2 Million in First Month of Online Gaming and Sports Betting - NBC Connecticut

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Theres some legislative drama unfolding in New Jersey, and if youre not clear on what its all about, youre not the only one.

The casino industry is a pillar of the Atlantic City economy, employing tens of thousands of workers almost as many people as actually live in the city. However, as many as four of the citys nine casinos could be on the verge of closure. So warns Sen. Stephen Sweeney, D-Gloucester.

At the heart of the issue are the unexpected consequences of 2016s Casino Property Tax Stabilization Act (CPTSA). Sweeney has been fighting to amend the law to correct for those earlier oversights.

However, Sweeney and Assemblyman John Armato, D-Atlantic, who sponsored a similar bill in the other half of the legislature, were both defeated in the November general election. As a result, the fate of those bills, and by extension the Atlantic City casino industry, is up in the air.

It doesnt help that the problem hinges on an arcane bit of financial arithmetic. Much of the discussion about the proposed modifications has therefore consisted of misleading or disingenuous hand-waving.

Online Poker Reportspoke to one of our colleagues at PlayNJ,a local gambling news site in the same network. David Danzis, the lead writer for PlayNJ, has been following CPTSA and the proposed amendments closely. With his help, well try to simplify this complex topic as much as possible for our readers.

The CPTSA enacted a version of whats called PILOT Payments In Lieu Of Taxes for the Atlantic City casino owners. To understand whats going on now, we first need to understand what these programs are, and the purpose they serve.

As the name suggests, a PILOT is a piece of legislation that exempts an entity from standard taxation, in exchange for payments determined by some alternative scheme. More specifically, New Jersey uses them as an alternative to property taxes in certain cases.

The particular calculations vary from case to case. Generally speaking, however, theyll be both lower and more predictable than conventional taxes. The municipality collects and distributes PILOT money, as it would property taxes. However, under most PILOT schemes it keeps a larger percentage for itself, and distributes less to the county and school districts.

Most of the time, the purpose of a PILOT program is to stimulate urban renewal. Property taxes can provide a disincentive to developers investing in the city. More investments mean higher valuations, which mean higher taxes. Establishing fixed payments removes that hurdle. The municipality itself reaps additional benefits by receiving those payments directly. However, the county and school district usually lose out, which is where resistance usually comes from.

In 2016, Atlantic City was going through one of its darkest periods. Five of its casinos had shut down in just two years, costing the city thousands of jobs.

There were many contributing factors to this collapse. However, increasing assessments for the physical casino properties themselves werent helping. This led to the casino owners successfully appealing those assessments.

Those legal battles were costly for both sides. They also caused budgeting problems for the city, which had to return a significant chunk of the tax money it had already collected and thought it could safely spend. The casinos also faced uncertainty about what their assessments would be like in future years, and whether theyd win subsequent challenges.

It seemed like a better arrangement for all involved to sit down and work out a 10-year agreement for what the casinos would pay and how that would be determined. Thered be no more costly legal battles, and everyone could work out their financial plans with some degree of assurance about what the future would bring.

The deal they reached was extremely some would say unnecessarily complex. It involved not one, but three separate types of payments:

Originally, the bill assigned money to the county in proportion to the PILOT payments. However, the county was unhappy with that arrangement and initiated legal proceedings. As a result of a settlement reached with the state, the county now receives a fixed annual amount.

For their part, school districts are protected by a hold-harmless provision in the states constitution. This stipulates that their budgets cannot decrease by more than 15% from year to year.

For the first few years, CPTSA accomplished its intended purpose. There were no further casino closures after the Trump Taj Mahal in 2016, and the industry was beginning to look healthier again.

The trouble with stabilizing payments, however, is that if circumstances change, the agreement may no longer make sense.

For one thing, many of the Atlantic City casinos have changed hands over the years. Five of the seven current owners werent involved in the original negotiations. Naturally, they feel like they should have some input now. Sports betting also wasnt legal yet in 2016, and online gambling was much smaller than it is now.

Most importantly, though, no one could have foreseen the COVID-19 pandemic. This has caused retail gaming revenue to plummet, but online activity to increase.

Ordinarily, that would work in the favor of small casinos like Resorts and Golden Nugget who make up for a weaker retail presence with strength in the online channel. However, it also means their share of CPTSA PILOT payments is skyrocketing. Added to this is the fact that the IAT credits expire this year, forcing them to pay a full 2.5% of their online GGR going forward.

Part of the problem is that casinos keep most of their own retail GGR, but online revenue has to be shared with the operators.

Taken together, all these factors mean that the smaller casinos are seeing their CPTSA payments changing in a way thats out of proportion with their actual pre-tax net earnings.

The goal of the proposed amendments isnt to alleviate the burden of payments on the casino industry collectively. Rather, its to reduce the extent to which the distribution of those payments is skewing towards Resorts, Golden Nugget and other smaller properties focused on the NJ online casino market. It would be the dominant retail properties like Borgata and Harrahs picking up a larger part of the tab instead.

The new bill S4007 would accomplish this mostly by eliminating online revenue from the calculation for how PILOT payments get distributed between the casinos. It would also limit the net liability for individual casinos as the IAT credit expires next year and spreads the direct payments over three additional years, until 2026.

PlayNJobtained estimates for how payments will change from 2021 to 2022 with the amendments in effect. There are two rather important observations to be made:

Given that the changes would shift some of the burden back to the larger casinos, one might expect them to be the bills key opponents. That doesnt seem to be the case, however.

True, the various casino owners are direct competitors. However, the truth is that no one wants a repeat of the period from 2014 to 2016. When casinos are falling like dominos, it depresses the entire market and no one benefits. It also creates a stain on the entire industry, and hurts lobbying efforts elsewhere. Furthermore, the city counts on receiving a certain amount of money from the casinos collectively. If the smaller competitors disappear, the bigger ones will soon find themselves squeezed for more cash to make up for it.

Rather, the resistance is political, and exists for a few reasons.

Firstly, PILOT programs in general are unpopular with those representing the interests of the country or school district, rather than the municipality. The measures that are in place to protect those interests dont seem to be enough to mitigate that resistance.

Secondly, the shift in power from the November election has added partisan issues to the problem.

Thirdly, gambling has many opponents on both the right and the more radical part of the left. Many perceive the casino industry to be parasitic or immoral. Those who do, tend to believe that anything good for casinos must be bad for citizens and vice versa.

Many of those concerns might be alleviated by hard numbers. These could show the benefits of the changes and consequences of the current system. Unfortunately, that brings us to the final point: the complexity of the original bill. The projections for 2022 are reassuring, but even those are in dispute.

Beyond that, things get harder to predict. The combination of a rapidly-changing industry landscape and a confusing calculation leads to the perception that theres some attempted sleight-of-hand going on. Whether or not thats the case, that suspicion puts the industry and the city in peril. This is, after all, a time when neither could afford another wave of closures.

Originally posted here:

What Is PILOT And Why Is It So Important For Atlantic City? - OnlinePokerReport.com

Worldwide, there are over 5 billion unique mobile users at present. These smart gadgets are gradually displacing personal computers, and it is only a matter of time before individuals entirely abandon their desktop PCs in favour of their smartphones. This technology has had an impact on a wide range of industries, and gambling is no exception.

People nowadays want not to waste time and instead choose to play while traveling to work or waiting for a buddy at a coffee shop. In this article, you will get to know some of the most significant benefits of gambling while on the road or anyplace.

For starters, and perhaps most obviously, mobile casinos have a benefit over desktop casinos in that you do not need to remain confined to your own house. It happens from time to time that time-limited tournaments or promotions cause you to miss a date, a party, or another critical event because of the restrictions. With the advent of mobile gaming, this is no longer a concern. You will no longer have to choose between work and pleasure since you will no longer be worried or guilty.

To stay competitive and expand the number of regular users in the online casino industry, it is no secret that online casinos give generous welcome bonuses to new and existing players. Mobile casinos, on the other hand, are ready to provide you with even more benefits. Being relatively new, gambling sites do everything they can to attract new players and encourage the players to download an app or log in via a web browser to maximise their profits.

As a result, mobile customers may look forward to exclusive deals and limited-time savings in addition to regular promotions. And we dont even need to compare the bonuses offered by mobile casinos with those offered by land-based casinos since you already know which one is the superior option.

Various payment options, ranging from traditional wire transfers to credit cards and cryptocurrencies, have emerged in tandem with new ways to play online casino games. Initial deposit and withdrawal options for participants were limited to bank transfer transactions. This was using a significant amount of processing resources and necessitating the payment of additional fees, which diminished the overall gaming experience and made players uneasy and eager to earn real money.

The evolution of the gambling business has resulted in mobile gamers using more user-friendly payment solutions as the industry has grown. Having the ability to connect your credit card to a mobile device and complete online casino gaming transactions with a single tap has now been available. Furthermore, mobile online gaming venues provide more excellent protection than their desktop equivalents when it comes to the fingerprint mentioned above and facial recognition features. Mobile players have access to online casino games that accept cryptocurrencies in addition to more traditional payment alternatives like credit and debit cards, e-wallets, and other forms of payment. Additionally, mobile casino applications may incorporate any payment option to ensure that transactions are completed as quickly as possible.

The globally mobile gaming industry is expected to be worth $79.5 billion by the end of 2020. Such a prominent figure is not unexpected, given that one of the critical advantages of mobile gaming is convenience (and people are eager to pay for it). There is no need to travel to a land-based casino or even to sit at a desk in front of a personal computer to play at an online casino.

An Internet-connected smartphone and an active data plan are the only requirements. Using a reliable Wi-Fi connection at home, and Wi-Fi from surrounding buildings, or robust 3G networks on the streets, you can stay connected on the go. Stay in bed and gamble all day, or use the slot machines in the classroom to distract yourself from a tedious lecture. With mobile casinos, you will always be in the comfort of your own home.

You may recall that the original online casinos ran on complicated software, which required you to download to participate. Even though it was a time-consuming operation, it just needed minimal technical knowledge. Nowadays, current gaming sites are available in an immediate mode, and in many cases, there is no need to download a mobile application to participate. Navigate to the casinos website through your browser, such as CasinoPilotti, and log in with your usual username and password to begin playing.

Many individuals are concerned about gambling while on the road because they believe it is not secure. Viruses and malware can infiltrate your computer, resulting in the loss of money and sensitive data.

The iOS and Android operating systems, on the other hand, are safe operating systems that have never been infected. Because of this, you may wager on the move without having to worry or fret about anything.

Youre surely aware that the amount of games accessible in land-based casinos is far lesser than in online casinos. There are usually a dozen tables and between 50 and 100 slot machines available. When it comes to mobile casinos, the lobby can include thousands of titles, with new games being released almost daily. This ensures that you will never become bored and always have access to the most recent releases.

There are numerous benefits to playing mobile casino games, and you may take advantage of them all. First, you are not required to travel to a physical location or even to remain at home. Aside from that, you have access to a greater variety of games than you would find in a traditional brick-and-mortar casino, and you may maintain your anonymity by using a nickname rather than your real name.

Enter the name of the selected platform into your mobile browser or download the platforms app, log in, and begin playing at any time and from any location you want. But dont forget to double-check your Internet connection and battery power since theres nothing more frustrating than being thrown out of a game in the middle of a crucial match.

Please play responsibly. For more information and advice visit http://www.begambleaware.org

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Top benefits you will enjoy when playing online casino games on a mobile phone - London Business News | Londonlovesbusiness.com - London Loves...

Despite tough competition against brands, 888 won the Casino Operator of the Year Award for the third time. In addition, it took home the In-house Product of the Year Award for its prized in-house sportsbook platform.

The awards ceremony was presided over by 34 esteemed judges, who shared the following remarks on 888's world-leading casino product: " content wise, they are nailing everything and constantly evolving" and; "the number of live tables is mind blowing, the personalisation aspect, (and) their performance in general is very, very strong".

In recent years, 888casino has expanded to four new markets, enjoyed record yields and bolstered its position as a market leader in content selection through multiple new third-party vendor partnerships. Today, it offers players well over 2,000 popular titles, including the largest selection of live games in one place, and has been appropriately dubbed, "the Capital of Live Gaming".

Talya Benyamini, VP B2C Casino business unit, commented:

"These awards are a fantastic recognition of the standout year 888 has had. Alongside posting record financial results, this year has seen our product-leadership strategy deliver significant product and content enhancements that put player experience at the heart and provide a personalised and differentiated experience. This is all supported by our innovative and industry-leading marketing capabilities, and our deep commitment to safer gambling which remains at the core of everything we do."

About 888casino:

888casinois one of the world's leading online casino brands, with a multi-award-winning casino experience enjoyed by more than 25 million members. Founded in 1997, 888casino provides a high-quality, safe and enjoyable online gaming experience, with a seamless player experience giving access to the best casino games available. 888 uses sophisticated AI to personalise the gaming experience for players, combining the best external games with unique and exclusive games developed by Section8, 888's in-house content studio.

888 owns and operates some of the most exciting and trusted online Casino, Sport, Poker and Bingo brands in the market. 888 objective, above all else, remains to ensure that all those who download the 888 apps and visit its websites can do so in safety. 888 acknowledges the potential risks that online gambling can present and is committed to ongoing improvements to make gambling safer. It uses technology as a force for good, giving customers transparency about their activity, and using sophisticated AI to detect and block harmful play.

888casino's dedication to product innovation has been recognised through industry awards. In 2020, 888 was awarded Casino Operator of the Year in the 2020 Gaming Intelligence Awards.

Visit 888casino at: https://www.888casino.com/

About 888 Holdings Plc:

888 Holdings plc (and together with its subsidiaries, "888" or the "Group") is one of the world's leading online betting and gaming companies. 888's mission is to develop state-of-the-art technology and products that provide fun, fair and safe digital gambling products to players globally. Safer gambling is a core focus for the Group and, at the beginning of 2020, 888 launched its 'Safer.Better. Together'safer gambling strategy and commitments.

888 has been at the forefront of the online gaming industry since foundation in 1997, leveraging its proprietary technology to provide to players and B2B partners an innovative and world-class online gaming experience.

In 2021, the company was proud to be recognised at theEGRoperator of the year awardsas the winner of theCasino Operator of the Year,as well as its in-house sportsbook being recognised as theIn-House Product of the Year.In2020, the company was proud to be recognised at the 2020 Gaming Intelligence awards asthewinner in theCasino Operator of the Yearcategory. In 2020, 888 also won two prestigious awards for its poker platform at the2020 Poker Listings Operator Awards in theMost Improved SoftwareandBest Beginner Softwarecategories.

The Group is structured into two lines of business: B2C, under the 888 brands, and B2B, conducted through Dragonfish, which provides partners a leading platform through which to establish an online gaming presence and monetise their own brands in a safe and responsible manner.

888's consumer facing websites offer more than just online betting and gaming. They are entertainment destinations: places where people can enjoy a truly interactive experience and be part of an online community that shares common interests. 888's strong and trusted brands are all accessible throughwww.888.com.

Find out more about 888 athttp://corporate.888.com/.

SOURCE 888 Holdings Plc

http://www.888holdingsplc.com

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888casino wins Casino Operator of the Year at the 2021 EGR Awards - PRNewswire

The iGaming industry has the potential for generating more revenue and improving user entertainment in the coming years. Recent technologies have propelled the industry to higher heights than ever before. Every innovation that has been developed has been better than the previous ones. The constant evolution has even created a subculture in the iGaming industry, where there are quick adopters who are tech enthusiasts. iGaming refers to playing online games or wagering on games via the internet. You can use desktops, iPad, tablets and even mobile devices.

Modern online games are now improved with fantastic gaming features. Just like other industries, the iGaming sector continues to harness technological advancements, creations and innovations. With new technology, iGaming enthusiasts can play and wager on their favourite games from the comfort of their homes. There are many online iGaming and gambling platforms in the industry, offering a wide variety of online casino games and wagering options. Our favorite is Casumo with over 2000 games available.

The new technology has shaped the different games designs and features and increased security. The technologies can store the users data while offering a high-level gaming experience. The techs have improved every element of the iGaming industry. Even though the iGaming industry is subjectable to unpredictable trends, the constant technological advancements continue to boost the industry.

For the past few decades, there has been fast growth in tech and internet innovation. The development has prompted significant evolution and product enhancements in the iGaming industry. The iGaming industry has turned out to be a more substantial aspect of sports and game enthusiasts globally. Everyday innovations are released often in the industry, which is more user-friendly and offers a great gaming experience to all players. Here are some of the latest tech innovations in the iGaming industry:

Source: uniquenewsonline.com

Most online games now have mobile optimization. The feature allows players to access their favourite casino and games on their mobile devices. All major iGaming and gambling platforms are now focusing on mobile compatibility to promote growth and market reach. It creates a more convenient way of providing users with exciting online game catalogues and wagering options.While most iGaming platforms have mobile optimization, some have opted to introduce mobile apps. Users can download these applications and access all the features present in the platforms web version. Also, users who download the mobile app dont need an internet connection to access it.

With mobile technology, players still enjoy instant play, payment features, bonuses and promotions when they access an iGaming platform via a desktop. Developers also focus on creating online games with mobile optimization to meet the ever-growing demand for online games. The industry has experienced enhanced convenience thanks to mobile optimization.

Data is one of the most important aspects of technology in the world. Its used in making crucial decisions in every industry. Advancements in technology have enabled the use of modern technology to collect and analyze data more effectively. The collected data can range from which games are more popular, which payments are most preferred, which age group is more active on the platform, and much more. Technology has made it easy to collect different types of data, from demographic data to behavioural data.

Online gambling platforms are using technology to analyze their users behaviours. The information is beneficial when it comes to marketing and advertising. Igaming developers and media enhance their brand awareness through data modelling, helping them achieve more sales and growth.

It is also used in improving the user gaming experience by looking at the users preferences and tastes. The collected data is used to ameliorate their online games and offer an enhanced gaming experience.

Other iGaming platforms can use the data to provide customized bonuses and promotions to specific users depending on their geographical location and user preference.

Source: networkworld.com

Online gaming and gambling have become very popular globally; with immense popularity, there are some jurisdictions where online gambling is illegal. IGaming operators take the necessary precautions to ensure they abide by the set regulations in every jurisdiction. They get the required licensing from the relevant gambling regulatory body and ensure no illegal use of the platform.Despite its massive progression and acceptance, platforms watch out for illegal users by taking some proactive measures. While the most common measure is having a legal age limit, this only targets underage users. Bookmarkers can block users accessing the site from areas outside the allowed jurisdictions, preventing illegal access to the website. IGaming developers also use GTT when developing their games to prevent players unlawful access to their games. GTT has also contributed to enhancing the security of online gaming platforms by tracking users locations.

The rising technology inventions and innovations face a bigger threat. While the internet has proved to be a very resourceful tool, it has also posed a serious threat to some users. Cyber threats are very common in the iGaming and sports betting platforms, so Punters enjoy many sports to be on. The online gambling environment has to be secure and safe. Cyber threats are significant threats to many users online.

Online casinos are investing much more in cybersecurity protocols and security systems. Players are more comfortable gaming where their funds and personal information are safe. IGaming operators and developers are encouraged to have frequent security checks and upgrades to ensure their security system is secure from possible cyber threats.

Source: pexels.com

The main objective of the iGaming industry is to offer the best gaming experience to all players. Players enjoy an improved seamless gaming experience. Online casinos are now embracing VR technology to enhance user experience. These wearable devices project the images in 3D create a realistic gaming experience.

The advanced technology gives players a 3D gaming view and a seamless gaming experience. Online game enthusiasts can use the VR devices in the comforts of their homes and still enjoy the 3D gaming experience. The technology is expected to bring a fresh vibe to the iGaming industry by creating a marvelous and more realistic gaming experience.

While brick-and-mortar casinos are famous for providing a live casino experience, they come with a few limitations, including the fact that they might not be close to your home. Online gambling platforms opted to develop a live casino option, offering the same experience as in-person casinos but with more flexibility and convenience.

The streaming technology allows gamblers from different geographical locations to enjoy a live casino experience. Other players can also take part in the game, as these casinos have real dealers and presenters, just like in a brick-and-mortar casino. Players can participate in different games and you dont need to dress up or navigate to a specific location. They also have access to a wider variety of online games compared to brick and mortar casinos. Live casino technology is the biggest invention in the iGaming industry, allowing online gamblers from all over the world to meet under one online roof.

Source: yogonet.com

IGaming developers are using Augmented Reality Technology to create more immersive iGaming experiences. Players experience an illusion of being in a real gambling environment.

The iGaming industry is growing in leaps and bounds, and with it, the technology supporting these online games. It is exciting to see what new and interesting features and innovations await the iGaming world. Many technologies continue to shape the iGaming industry and make it more user-friendly with an enhanced gaming experience. Additionally, most online casinos are now finding it easier to target and offer personalized online gaming experiences to their customers.

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Latest Tech Innovations in the iGaming Industry - VideoInk

JOHANNESBURG--(BUSINESS WIRE)--Players are being taken into the big-win stratosphere with the latest slot to touch down in the lobby of South Africas favourite online casino, Springbok Casino.

Hyperwins promises to deliver a thrilling player experience that is out of this world thanks to a number of cosmic bonus features that have been built into the game.

When players blast off onto the reels they need to keep their eyes peeled for the Moon symbol, which acts as the Wild and substitutes for all other symbols except the Scatter.

The Star symbol acts as the Scatter and ignites 5, 8, 15, 25, 50, 100 or 200 Free Spins when 3, 4, 5, 6, 7, 8 or 9 Stars appear respectively anywhere on the reels.

The Hyper Prize feature is also activated if four or more Stars trigger the bonus more on this below.

Players that can hold tight will go intergalactic when the Hyperwin Bonus Feature fires up this happens when three of the same symbols appear on the Bonus Line and transform into Moons.

When the Hyper Prize feature is active, extra Moons are added to the reels. All prizes are also doubled while the Free Games play out. Hyper Prize can be retriggered.

The Hyper Prize hype does not stop there. Once it has been triggered by four or more Stars landing on the reels, players are given one pick for each Star.

They then pick from the nine reel locations to reveal instant prizes of up to 1,000x their bet. Once they have made their pick(s), the Free Games are played.

There is also a Lucky Feature that can tigger at random during the base game. When it does, players either receive Free Spins or a number of picks on the Hyper Prize feature.

Hyperwins will land in the Springbok Casino game lobby on 5 January 2022 and can be played via download, instant play and mobile.

Springbok Casino Manager, Daniel Van Wyke, said: Hyperwins takes players to another galaxy at warp speed where the big win potential is out of this world.

With up to 200 Free Spins available and the Hyper Prize feature allowing players to win up to 1,000x their bet, Hyperwins will undoubtedly become a firm player favourite.

ENDS

Editors notes:About Springbok Casino:www.springbokcasino.co.za

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Journey to the Big Win Stratosphere at Springbok Casino - Business Wire

We know that if you sign up with one of our top casino providers, such as PlaySugarHouse Casino, then you are going to get a great deal when it comes to casino games (and also sports betting and poker too).

Quite often we will bring you news of new games, features or promotions which you can avail yourself at our partner casinos.

But there is also a block of knowledge about casinos that is somewhat less well known. These are these odd casino stories that will make you smile, shiver or just be slightly amazed and bewildered that you hadnt heard it previously.

So in this article, we are going to take you through some of our most bizarre, amusing and at times, genuinely weird stories about chance, casinos and casino gaming!

You are welcome to register from any state in the U.S., but must be 21+ years old and physically located in PA to wager. Gambling problem? Call 1-800-GAMBLER. The gaming service is brought to you by Rush Street Interactive PA, LLC ( license# 110298) licensed by PGCB, address of record 1001 N. Delaware Avenue Philadelphia, PA 19125, on behalf of SugarHouse HSP Gaming, LP d/b/a Rivers Casino Philadelphia (Internet Gaming Certificate 1356)

Nevada is the home of Las Vegas, for many the home of casino gaming, but did you also know that the state was also home to a somewhat less glitzy and salubrious casino?

Back in 1932, the Nevada State Prison decided to open its own casino. Yes, that is bizarre as it sounds.

Not only that, but this also wasnt just a table in a back room. The casino boasted blackjack and craps, as well as its own sports book and a poker room.

The dealers were all convicted felons and any profits the casino made went back to the prisons inmate welfare fund.

The casino was never licensed, unsurprisingly, but it ran for an incredible 35 years until legislation by the state forced the casino to close in 1967.

You could argue that the worlds smallest casino is an online casino you can play on your phone, but what about a real world casino with a dealer, table, bar and even online slots?

We know that the WinStar World Casino in Thackerville Oklahoma, is the United States largest casino, but to play the worlds smallest casino, you need to head to a Birmingham. Not in Alabama, but in the middle of the United Kingdom.

There one of the citys largest casino operators runs a special casino service, from the back of a taxi. The service, as we stated above, has a human dealer, a table, a bar and even a terminal which customers can use to play slot games.

Whats the point of this? Well the taxi is used to ferry customers to the casino in the city and any profits that the casino makes from the taxi are donated to charity. It may well be a gimmick, but it is one that certainly caught the eye of casino fans in Englands second city.

Casinos are built on the concept of chance. Top casino gamers will instinctively know what their chances are when playing a certain type of game, or a particular situation arises in a games such as poker.

Now this next story is not casino-related but it is weird enough to show you just how chance works and how at times, it can lead to almost unbelievable situations.

Back in 1973, Anthony Hopkins, he of Hannibal Lecter fame and Thors father Odin from the Marvel Universei, agreed to appear in the film version of The Girl From Petrovka, a novel written by George Feifer.

After accepting the role, Hopkins decided to read the book to learn more about the story and the character he would portray. However, as he wandered around London, searching various bookstores, he could not lay hands on a single copy of the book.

Somewhat dejected, he decided to jump back on the train and head home. With his train not due for a short while, Hopkins entered the railway waiting room and noticed a book on a bench.

The book was The Girl from Petrovka.

Now that is weird enough, but then things got even weirder. Hopkins, picked up the book and flicked through it and noticed that there were copious notes on the story made next to the text.

Not only had Hopkins found the book he needed, he has actually found the authors own copy of the book, into which he had made notes about the story and characters, including the one Hopkins was set to play in the film.

Now if that doesnt want to make you head to the casino to see if chance is on your side, then I dont know what would!

Lottery games are very popular, we have our own Pennsylvania State Lottery on site but I doubt anything as weird has happened as what occurred in the Bulgarian National Lottery back in 2009.

In the Bulgarian lottery, six numbers are drawn for the main prize and on this particular date in that year, the numbers 4, 15, 23, 24, 35 and 42 were drawn from the machine.

Nobody had picked those six numbers, so the pot rolled over to the following week.

That next week, the machine picked the exact same six numbers, 4, 15, 23, 24, 35 and 42. This time, 18 people split the jackpot prize between them.

Oh, and the odds on that happening are somewhere around the 400 TRILLION to one mark.

Do you like anagrams? There are some great examples such as The Morse Code becoming Here Come Dots and Eleven Plus Two translating into Twelve Plus One.

But did you know that there are some very amusing Casino anagrams you can learn?

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The Weird And Wonderful World Of Casinos And Chance - PartTimePoker News

Posted on: December 6, 2021, 10:27h.

Last updated on: December 6, 2021, 10:59h.

Speculation surfaced last week that Churchill Downs (NASDAQ:CHDN) is shopping its TwinSpires Racing unit. At least one market observer sees a familiar name potentially making a bid.

Roundhill Investments analyst Brian Lichtor says its likely Fanatics will be mentioned as a possible suitor for TwinSpires, citing Fanatics well-known sports wagering aspirations.

The privately held sports merchandise giant has been tied to takeover rumors involving Rush Street Interactive (NYSE:RSI) and Swedens Betsson. But that chatter is about three months old. At least in public circles, it hasnt evolved past the rumor stage. Recently valued at $30 billion, including its non-fungible tokens (NFT) and trading card units, Fanatics could easily digest the rumored asking price for TwinSpires.

Though it remains unclear at this point whether a potential sale would be of TwinSpires in its entirety or just TwinSpires Racing (the horse racing division), a deal potentially worth $1.5 billion for a company with a market cap just over $8.5 billion ($8.8 billion today) would be significant in either case, says Roundhills Licthtor.

Sources with knowledge of the matter told Bloomberg its possible Churchill could sell all or part of TwinSpires or opt to keep the entire business in-house.

At a time of deal-making and related rumors reaching fevered pitches in the iGaming and sports wagering industries, TwinSpires is an undeniably compelling target for any suitor.

In the third quarter, earnings before interest, taxes, depreciation and amortization (EBITDA) derived from online horse racing surged 56 percent from the comparable period in 2019, said Churchill CEO Bill Carstanjen on the companys recent earnings conference call. He noted online horse racing handle jumped 31 percent in the September quarter.

Pari-mutuel strength is an advantage for TwinSpires, because, as is the case with competitors, the online casino and sports wagering part of the business isnt yet profitable.

Our TwinSpires sports and casino business delivered topline growth as well. However given the additional marketing spend to support the growth, we had a net loss in adjusted EBITDA of nearly $11 million in the quarter for this business, said Carstanjen on the call.

He said TwinSpires offers sports betting in eight states and that the operator should be live in Louisiana and Maryland early next year.

TwinSpires horse racing business has been operational since 2007, and is one of the largest online pari-mutuel platforms for horse racing in the US, adds Roundhills Lichtor.

Regarding Fanatics, the company filed patents for various sports betting-related brands, confirming intent to be a player on that stage. As Licthor notes, the company is making clear its desire to gain market access to New York something TwinSpires doesnt have.

Still, there are likely to be other suitors for the enterprise, and if Churchill is successful in commanding the aforementioned $1.5 billion price, itd have one of the more impressive balance sheets in the gaming industry.

Last month, the operator reached an agreement to sell more than 115 acres of land it owns at its Calder Casino in South Florida for $291 million. Throw in $1.5 billion from a possible sale of TwinSpires, and Churchill would gross proceeds of nearly $1.8 billion from those two transactions, indicating itd have nearly a quarter of its market value sitting around in cash.

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Fanatics Could Be Suitor for TwinSpires, According to... - Casino.Org News

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Why more than 10,000 members read reviews before playing slots - Times of Malta

Maltese online casino and sportsbook services companyCasumo Groupand the British EFL soccer teamReading FChave joined hands to show support of the LGBTQ+ through theRainbow Lacesinclusivity campaign.

The collaboration will see Casumo show its devotion to the initiative through a change of its logo, switching its usual branding to a red heart. Reading FC, on the other hand, will temporarily replace its white nets with ones bearing the signature rainbow of the LGBTQ+ movement.

Sports enthusiasts have already seen Reading FCs rainbow-colored nets before, and this wont be the first time the club has shown that it cares for the LGBTQ+ and the community. Previously, the football club has featured the special nets in its recent matches against Hull City and Nottingham Forest.

Casumo and Readings endeavors are a part of the Rainbow Laces inclusivity initiative that aims to demonstrate that the soccer community in the United Kingdom has evolved and is willing to accept anyone, regardless of their personal features or sexual orientation. The Rainbow Laces campaigns aim to show that the LGBTQ+ is welcome and what matters is the shared love for the sport, rather than individual preferences.

Mark Strijbosch, the sports marketing communications specialist at Casumo Group, spoke about the companys decision to support the Stonewall Rainbow Laces initiative for a second year. He revealed that his company is delighted by the opportunity to help the inclusivity endeavors and support a better and kinder future for the sport.

Veljko Paunovi, the manager of Reading FC, spoke about the idea of making soccer accessible to anyone. For him, the sport is more than a game and is rather a way of life. Therefore, Paunovi believes that the spirit of soccer should transcend the barriers that so often separate people. He is firm that the sport, which we all live and breathe, is something that should aim to bring everyone closer together, instead of dividing them.Continuing to talk about inclusivity, Paunovi said:

As a sport, it is here for everyone to enjoy, inclusive in its very nature. And it has to continue to be open and accessible to all.

British sports as a whole have started to realize the need to unite people instead of dividing them, and various initiatives have sprouted up, aiming to propagate inclusivity in sports. Betting operators have also demonstrated that they arent indifferent, with Stake.com supporting the LGBTQ+ througha partnership with Watford FCandKindred backing the Racing Is Everyones Sport initiative.

Reading FC will soon take out its rainbow nets once again, starting with the game between the organizations women team and Chelsea. The match is scheduled for December 11.

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Casumo Group Collaborates With Reading FC to Support the Rainbow Laces - GamblingNews.com