Posts made in May, 2017

Casinos incorporate more payout slot machines

Casinos incorporate more payout slot machines

Several gamblers have claimed that outdated slot machines have had a grip of their money and are not paying out to their maximum. This has made most of them avoid these slots and opt for table games. However, to curb this phenomenon, casinos in Las Vegas have incorporated new slot machines that come along with enticing features such as virtual roulettes and digital spin wheels that pay handsomely.

It has been reported by the Association of Gaming Equipment Manufactures that most casinos in the US have been keeping the cash waged by bettors more onto them unlike they give out payouts. This has prompted gamblers to walk away from these machines which in turn have rendered income decrease. Statistics have shown that in Nevada, the number of machine dedicated for slot and video card-game have decreased by 15% to record at 152,263.

Another thing that can return back slot bettors back is the incorporation of the skill. The gaming industry should appeal their players to have a challenging hunger that has skills as a basic point of view. This move has been initiated by Nevada which has allowed a player’s skill be fundamental in giving in a win.

Some casinos such as MGM Grand have their floors expanded to create room for dealer-less table games that includes roulette, craps and baccarat with a stadium seating style.

Despite these innovations, the casinos have not bid goodbye to traditional slots and for the sake of traditional betting lovers, they have beautified them with famous movies and TV shows. The IGT has claimed that it will debut its new slot games namely; “Breaking Bad” and “House of Cards”.

Nonetheless, slots income has accounted for a 61% totaling to $11 billion in the 2014 fiscal year.

Another thing that could boost slots revenue is the aspect of gamblifying games. For instance, the Downtown Grand casino hotel has incorporated a sandwich situated between two bars with one being paying attention on craft beers. There will be a big screen where spectators have the opportunity of watching other gamblers who will be battling out to win some cash. The hotel also claimed that it is making proper preparation for the initiation of its own e-sports event such as “icing on the cake”.

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Betting Technology Key in Income Generation in Asia

Betting Technology Key in Income Generation in Asia

Of late Macau has propelled in the gambling industry and with no time, experts believe that it will surpass both Las Vegas and Atlantic City. The nation provides gamblers with a wide variety of gaming floors with new complexes. The gaming experience in Macau is brought about by live casino that takes place on a studio purposely built for it and incorporates games such as blackjack, roulette; sic Bo tables as well as baccarat. Online casino betting in the nation can be done visually, via PCs, laptops, smartphones or even tablets.

The new technology has incorporated use of video footage with two cameras. One is focused on the actions of the dealer while the other covers the top of the table. These images are wired to server room where they are streamlined live through internet where gamblers are in wait. The online gaming also incorporates server software which enables player to access and send vital instructions to the game controller more often in placing bets as well as calculation of the payouts.

The server has a monitor which is directed to the dealer who sees the bigger wins of clients as well as informing him or her if there are additional clients in a game. For blackjack, the server indicates the action a player wishes to undertake during the play.

In Makati City of Philippines, live casinos studios are almost in every corner of the town. There are two major buildings- the RCBC Plaza and the PBCom Tower which houses over six betting firms among them Novenix, Playtech as well as EntwineTech.

With increased gambling in Asia, the benefits are ripped by companies in the continent. Among these beneficiaries includes Opus Gaming based in Philippine, a corporation that specializes in casino softwares, sportbooks, in play options as well as live casino options. The firm has been providing these services to various betting firms such as M88 a subsidiary of Mansion gambling firm based in Gibraltar.

Other firms have also benefited from the increased betting firms. For instance, there has to be watchdog that provides surveillance and security in and out of these casinos. This calls for the incorporation of security firms in the industry. As players enjoy gambling, they need something for their energy and hence the initiation of hotels and fast food restaurants has become another emerging trend in Asia.

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Nevada to initiate savings fund on Sport Betting

Nevada to initiate savings fund on Sport Betting

Back in June, the legislative of Nevada incorporated a law that gave individuals the freedom of investing in any betting site of their preference. Nonetheless, nothing has been put into actions four months since despite the news being welcomed warmly by the betting diehards. It is however claimed that there are some entities that have already started gearing up for the day when sportsbook will gladly acknowledge their deposits.

For instance, Bettor Investments have been eager to be part of the first investors in sportsbook but have all their efforts put on halt as none has come forward in accepting any deal with the firm. The Founder and Managing Member of Bettor Investments Matt Stuart claimed that they are still waiting for the Nevada Division of Gaming to stipulate rules that would bind such a deal.

In essence it is not actually the Nevada Division of Gaming that is keeping potential investors such as Bettor Investments at bay but it is the sportsbook who have the freedom of striking a deal with any firm that has a banking account in the state. In addition, the sports books still have to wait for a go ahead call from the Nevada Gaming Control Board for other declarations.

According to the Chief of Enforcement Division, Nevada Gaming Control Board Karl Bennison, the potential investors have come in to reach for a go ahead signal which has prompted it to give in to their demands and asked various licensees to accept these deals even without any license of authorization.

According to what people perceived, the Board was responsible for charging vetting process, revision as well as improvement of sports betting funds. However, the law only charges sportsbook for vetting as well as the application processes.

Before the year ends, it is believed that the Board will have an opportunity of refining regulations and hence opening the doors for sports books to indulge in investment dealings with willing entities. Bennison claimed that the law has been approved; willing businesses and entrepreneurs have been brought in to the investment market where the only language spoken will be enacted from the law.

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“Luck is no coincidence” movement initiated by Unibet

“Luck is no coincidence” movement initiated by Unibet

Unibet is a betting operator that has since its initiation grown and expanded not only within itself but also in its outside market. The Stockholm, Sweden based firm has seen its fame spread across the European nations and in the end, the company will have a worldwide public at hand. Unibet has continued to make this possible by striking deal with various firms.

Recently, the firm took over a Malta based betting operator iGame Holding Plc in a deal that was worth €59 million (£41 million). This is fundamental to its revenue maximization given that iGame had recorded income totaling up to €13.7m with the addition of €4.7 million from the H1 2015 EBITDA. Its clients also had risen in the same period with it registering over 75,000 new clients.

With this in mind, the publicity of Unibet has been on the rise and this meant more clients will register and generate more income. To add on this, Unibet claimed that it had initiated a fresh campaign going by the title “Luck is No Coincidence” which would be broadcasted live in all its operators in the market as from October this year.

The production of the campaign has been accorded to UK creative agency Signal in making it perfect. The main purpose of this campaign would be make the public have a deep understanding on the features that are offered by Unibet products and services. This would in turn bring about the clear client experience in the sports betting arena.

This campaign has showed appealing reception to clients in its base nation of Norway and this will prompt the firm printing, digitalizing as well as airing it in TV network in its main client territories in the next couple of weeks.

Unibet UK County Manager Phillip Manzi claimed that he was sure that all gamblers as well as sport fans will have the passion towards this campaign and this would propel forward the consciousness and development of Unibet and the offers awarded by the Sportsbook.

This European crusade will work together with already in existence UK Unibet advert campaign the “Frozen Moment” which was initiated back in April. It will pass through Belgium as it spreads its fame across Europe.

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Metric Gaming strikes a distribution deal with Sporting Solutions

Metric Gaming strikes a distribution deal with Sporting Solutions

Metric Gaming, a specialist in real time sports wagering is pleased to announce that it has mutually struck a deal with Sporting Solution, a firm that specializes in supplying trading suppliers. The deal between these two firms will involve the distribution products.

Stipulated in the contract, the Sporting Solutions claimed that it would take the responsibilities of distributing Metric Gaming products that includes the SuperLive as well as extra betting services for the upcoming generation to all its network associates.

However, the process of distribution won’t be done for free as Sporting Solution has also claimed to have something at hand. Apparently, the distribution of these exclusive contents and pricing solutions which be fundamental for Metric as it offers its services to its clients and comes at a cost. Sporting Solution will be accorded with the license that would enable the firm dispense in-play betting feeds from Metric Gaming to its top class client territories across the globe.

Commenting on the deal, Peter Bertilsson the Chief Executive Officer at Metric claimed that the new market has given his firm some potential that would be crucial in the maximization of profits. This has prompted the firm to initiate the distribution of its legacy technology that resembles their initial sophisticated mobile podiums which has the capability of handling all in-play varieties as well as instantaneous indulgence betting opportunities that are compiled in the gambling platform. He continued to claim that the firm opted to partner with Sporting Solutions for their allegiance trust and their ability to fulfill their needs which in this case involves the access provision to fundamental network in the distribution process.

Sporting Solutions’ Business Development Director Ronnie Whelan claimed that his firm was ready and paying attention to the demands which their associates have given a first priority. He continued to claim that his company will do all it takes in providing in-play coverage, extra content, improvements and deliverance of products in a faster manner in the Metric services platform. He concluded by saying that the two firms will incorporate much effort together in the exploration of any upcoming deals in the long run.

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