This week’s business report from the Nevada Gaming Control Board had some depressing news for land casino operators – slot wagering volumes, which deliver around two thirds of Nevada gaming revenues, are down.
The report reveals that slot players wagered $1.1 billion less on slots in July than the same month a year ago, with volumes on the Vegas Strip down $500 million.
Slot volume fell 12 percent in July 2008 compared with the same period a year ago, and constituted the worst drop in the past seven straight months that slot spending has been on the decline. In June 2008 slot volumes fell 10 percent compared to June 2007, indicating an accelerating rate of decline.
Operators are hoping that an easing in the price of gasoline will bring players back and halt the downward spiral.
The good news in the report was that table game play actually improved, rising 5 percent on the Strip for high end as well as typically lower end games: Baccarat play was up 15 percent and blackjack rose 7 percent. Despite these encouraging numbers, Strip casinos won 21 percent less from table game players in July, mainly because players were just lucky, winning a greater percentage of wagers than is usually the case.…
Online Casino Reviewer webmaster offers 77 free SEO tools
Former Ladbrokes Gibraltar IT chief and current online gambling portal webmaster Dave Sawyer believes in sharing his industry wisdom with fellow webmasters, and is well known for giving more junior webmasters the benefit of his knowledge on various forums.
This week he went a step further, adding a new section to his Online Casino Reviewer.com site that provides webmasters and affiliate webmasters the use of 77 search engine optimisation tools to use….for free.
The tools include features such as backlink analysis, page rank checks, keyword suggestions and spider viewers…
“Hole in Won” gets a sequel
A new addition to Rival Gaming’s games suite has been launched this week – a continuation of the company’s famous game “Hole in Won,” a video i-Slot titled “The Back Nine”.
The five-reel, 15-payline slot prompts players to successfully putt their way through each of the back nine holes, with the most precise earning the biggest prizes. The game also has a bonus round, triggered three or more golfer icons.
“The Back Nine” allows a maximum bet of 75.00, whereas its maximum per-line jackpot is 3 750, and a maximum bonus round win amounts to 12 000.…
This week, it’s been reported that an unspecified Russian online casino was closed in a police action of the Interior Ministry “K” agency. On that occasion, the police seized computer equipment and 27 millions rubles in cash, which is around 1 million dollars. Since the authorities haven’t revealed any information, many gambling sites started guessing what really happened. The rumors are that it’s about a big and famous gambling operator in Russia. Still, any information about the operator hasn’t been confirmed yet.
However, up until now, facts are that Larisa Zhukova, a Russian Ministry of the Interior spokesperson, said that the police action had a goal to strike at a big online casino which earns around 200 000 rubles a day (around $7000), on more than 470 online games. The names of the arrested persons remain unknown, but she told the press that the police brought in the 33-year-old owner of the place, and five of his employees. Under the Article 171 of the criminal code, for an illegal business, they could get the sentences up to five years.
She also acknowledged that in over ten years this casino has made an illegal profit of hundreds of millions of dollars. She added that the transactions, including money laundering, were conducted through foreign banks and that those transactions were untraceable. They used, as well, online casino technology from an unknown company outside Russia. She concluded that the money was most probably used as investments in companies overseas.…
Government finally receives the recommendations
According to reliable sources from the South African government, the government has finally received the much-delayed review of gambling in the country, which also includes online gambling, so it can now move on to consideration of the recommendations.
Many have been hopeful that this review will help clarify the government’s true position on internet gambling, which is currently quite restrictive, since the SA Gambling Board proclaimed it illegal following a High Court decision that went against the Swaziland-based Casino Enterprises.
The Gambling Review Commission, chaired Ms Astrid Ludin supported Ms Adheera Bodasing, Professor Siphiwe Nzimande, Mr Clement Mannya and Dr Stephen Louw, initially broke the end-August deadline, requiring more time to collect and present the findings. The Commission was supposed to look into all aspects of South African gambling, including its social impact, and covering the sector of casinos, online gambling and horse racing.…