Archive for the ‘News’ Category

Jay Daniel Company And The Harlow’s Casino

Tuesday, August 4th, 2009

New changes in the gaming industry have a serious effect on the casino operations. Something like that is happening to the Harlow’s Casino, situated on the banks of the Mississippi River.

The owners of the casino, SW Gaming, have selected a new firm to manage the casino, Jay Daniel Company.

Jeffrey J. Dahl, a man to the Jay Daniel’s side said that “The landscape has changed for companies like ours and now offers opportunities that did not exist several years ago”.

He also added that they were brought in, not as a rescue operation, but to build on the success in this challenging economy that Harlow’s has enjoyed under Domenic Mezzetta, who is trying to move to the Board of The Company.

The Jay Daniel Company with these 3 operatives are set up to accomplish the tasks set forth. Jeff Dahl is known to be a leader in the Mississippi’s gaming industry since 1993.  Besides that, he was the President and Chief Operating Officer at the Beau Rivage in Biloxi.

Mr. Davila is a gaming industry veteran who was recognized as the “Best on the Street” survey.He said once that with their experience in several fields, they could provide a direct, hands-on service for institutions while trying to improve their credits.

Now, the Jay Daniel Company is providing a new casino management, services and new strategic plans.

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In August will be season 3 of Asia Pacific Poker Tour 2009 (APPT)

Thursday, July 30th, 2009

PokerStars has begun to launch details about the main events will be held at Macao when season 3 starts in Asia Pacific Poker Tour 2009 (APPT).

This will start from August 25 and will take up to 30. The tour will include the proposed preliminary rounds starting with the date 15.The festival will be sponsored by PokerStars, which aims to maintain its position on the international site of games poker.This are in competition to bring to Asia-Pacific, Europe and North America.

Festival of Poker 2009 Macao consists of 20 events will take place throughout the month. The price for the tour starts from HKD $ 1000, but for HKD $ 40,000 range.
This festival includes a series of events, even a charity event and a tour to women as well as a “Terrence Chan Limit Hold’em.
APPT Macau to start but stops in Seoul, Auckland, Sydney and the Philippines.

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Penn National Gaming Trying To Not Fall Down

Wednesday, July 29th, 2009

The Casino operator Penn National Gaming Inc. said last week second-quarter profit fell about 23 % , not as low as they have expected because of the lower results at many different properties.

Quarterly profit fell to around 28.5 million dollars, or 27 cents/share, or better, from 37 million dollars, or 42 cents/share, in 2008. But now, the net income is about 30 cents /share.

The revenues fell with six % to around 581 million dollars from around 620.5 million dollars. This was last year, in 2008.

But now the Penn National Gaming is trying to operate 19 casinos and racetracks in several states as Colorado, Illinois, Florida, Indiana, Mississippi, Ohio, Canada, etc.

The casino operator has something to deal with the Nevada Gaming Control Board for registration as a traded corporation. Penn National Gaming is really interested now in buying somehow a Las Vegas casino, just is expecting the right moment to deal.

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Mintel Has Made A New Study About The Game Of Bingo

Tuesday, July 28th, 2009

A new study by research company Mintel shows that the bingo game are 3.5 million punters.The group of people who attend these are young people aged between 18 – 24 years representing 20 per cent.

The age between 18 – 45 years represent 62 percent of all bingo players., In the last period revenues of bingo games have fallen by 26 percent.

The study found that Cashcade, Gamesys Sunday Bingo website, Gala Bingo Online and William Hill have been leaders in the advertising of bingo online spending  USD 10 million on advertising in 2008.

The first is that SunBingo recorded advertising expenses of 3.2 million USD.

Party Gaming for bingo spend around USD 994 000,

The report has been indicated that the main investors in main media advertising in 2007 and 2008 were players online.

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In MIDDLEBORO Held The Largest Meeting Which Included Almost 4000 Middleboro Residents

Monday, July 27th, 2009

In MIDDLEBORO held the largest meeting which included almost 4000 Middleboro residents who vote for them as a casino in town.

But things are not so easy because shortly after this meeting the problems began. Chairman Glenn Marshall a supporter of bringing a casino in town resigned and was sent to prison. U.S. Supreme Court are required to take a decision. Investors have stopped paying tribe. After two years of business on 28 July 2007, are less likely to have a Middleboro casino.
Richard Young president of Casino Free lunch group is said that this business has gone from bad begining.Richard Young is one of those who are against the project.

Adam Bond was Middleboro Selectman who was a staunch supporter of the project is about to give up the idea of bringing a casino into that too many obstacles in the casino project.

However there are people who do not lose their hopes are optimistic that the challenges can be issued depasite.Unul of these people are optimistic and Aaron Tobey, vice president of the tribe.

Problems began with the resignation of Marshall, one month after the meeting in 2007 and his conviction has been made on account of viol.Insa in the end it seems that Marshall would have been sentenced to three years in prison because the campaign would be made illegal and should be taken for embezzling $ 400,000 from the tribe.
This situation has raised many questions regarding the casino.

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SBOBet & Neovia

Friday, July 24th, 2009

Neovia Financial, the parent company of online e-wallet Neteller, has revealed that it has been chosen by SBOBet to process payments for its sportsbetting website.

SBOBet is a leading global online sportsbook operator through SBOBet.com with operations in Asia and Europe and offers in excess of 500 events each week.

William Mummery, Executive Director for SBOBet said: “We’re working with Neovia as its solutions strengthen the offering to our customers while providing us with security and a business edge,”.

Casino.SBOBet.com will use the Neovia Payment Suite to process payments in addition to SBOBet’s sportsbook at SBOBet.com. Both sites will now utilise the Neteller e-wallet as well as the NetBanx payment gateway for global processing including those from across Europe and Asia.

Neovia revealed that its NetBanx gateway allows merchants to accept both card and non-card payments via a variety of channels including online, contact centres and mail order.

New Jersey Senator Supports New Regulations For Gambling

Wednesday, July 22nd, 2009

During National Poker Week Alliance John Pappas Executive Director of the Poker Players Alliance has revealed some interesting developments on the legislative. He disclosed that Senator Robert Menendez of New Jersey is currently preparing a draft law which will aim to bring a new regulation in the industry for online Casinos Senat.

This project is viewed as a company to Congressman Barney Frank in an attempt to legalize online gambling in the United States.

If the draft law will be expected already this year to make proposals for making and implementing laws.

Opponents who are against legalization of online gambling and have established specific strategies to prevent this project.

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Betfair Has Expanded Is Tchnology Operations

Tuesday, July 21st, 2009

Betfair has expanded its technology operations by establishing a Development Centre in Cluj, Romania. Betfair currently employs over 1500 people, principally in London, Malta, Tasmania and the US.

The office will add approximately 70 new members of staff to the Betfair payroll all of whom have been trained and hired locally. The centre will now be responsible for approximately a quarter of Betfair’s development projects focusing on innovations for Betfair’s Sportsbook, Games and mobile applications. It will also contain its own training and development function.

The Betfair Development Centre was built two years ago in Cluj Romania.

This initiative is one element of an aggressive global recruitment strategy to enable Betfair to grow internationally, extend its market leadership.

2009 Fiscal Year Down For Casino Revenue In Colorado

Sunday, July 19th, 2009

Colorado has recently made changes to their laws that will encourage more casino gambling.

The fiscal year ended on June 30th and the state is reporting that its share of the revenue was $94.9 million for the year. That figure is down from $108.17 million in 2008.

Observer Maury Gropes said: “In this economy people simply do not have extra cash laying around to spend gambling at a casino, hopefully the new laws will help revive the casino industry, and get the revenue figures back to what the state and the casinos are accustomed to.”.

Also the revenue decline in 2009 marks the second consecutive year that revenue tax money has declined in the state, also in 2008, it dropped almost four million from the previous year.

Also in Black Hawk, which has the most casinos in the state at eighteen, revenue fell 9.6%.

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Ohio Casino : Casinos Brought To The State ?

Saturday, July 18th, 2009

Battle goes on in Ohio between the group that wants casinos brought to the state and the group that does not.

One of the group wants the signatures and the petition for a ballot measure to be thrown out as invalid.

Sandy Theis, a worker for MTR Gaming Group said: “On the address issue alone, there are more than 50,000 we think should be knocked out,”.

The company owns Scioto Downs and Mountaineer Casino in West Virginia then if the casinos were to be allowed in Columbus and the other three proposed cities, it could severely hurt the company’s business at the track and the casino.

The Ohio Jobs and Growth Plan is pushing for casinos in a lot of city, if the are successful it would take a majority vote to make the proposal a reality.

Voters in the state have turned down several gambling proposals on the ballot before.

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