Showing posts with label Casinos. Show all posts
Showing posts with label Casinos. Show all posts

Colorado Casinos Raising the Limits


When casinos opened in Colorado in 1991, the only games offered were slot machines, blackjack and poker. Gamblers were limited to making a maximum bet of five dollars on the blackjack and poker games. Under State regulation, casinos had to close between 2:00am and 8:00am.

Last November, voters approved Amendment 50 which raises the maximum bet from $5 to $100 and allows the casinos to offer craps and roulette. It also extends operating hours to 24 hours a day.

The higher limits and new games will go into effect at exactly 12 a.m. on Thursday, July 2nd and the casinos are looking forward to a very busy holiday weekend to celebrate their new independence from the old regulations.


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Atlantic City Casinos Watch Gambling Revenue Slip Again


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Resorts Atlantic City, the oldest casino in New Jersey, is being sold and transformed with the theme of the 1920'2 in mind. What the casino and the rest of the AC casino industry needs, however, is a return to the seventies and eighties, when AC casinos ruled the gaming world.

September gambling revenue figures were released on Tuesday and it was another disappointing month for the casinos. Revenue dropped 11.6% from the same period in 2009, and that is not good considering the 2009 numbers were down as well.

The eleven casinos in Atlantic City all saw revenue decreases in September. The casinos have struggled for the better part of the past two years, and there is nothing to indicate that a turnaround will come anytime soon. The latest revenue figures have officials from the AC casinos again shaking their heads.

Table game revenue at the New Jersey casinos dropped 15.6%. That could be a direct reflection of the table games that are now being offered at Pennsylvania casinos. In July, Pennsylvania casinos started offering table games, and they have been taking customers out of AC casinos in the months since.

Slot revenue also declined in double digits. The 9.9% revenue decrease was not as bad as in some previous months, but it clearly shows that competition and the economy have severely damaged the AC gaming industry. There are some analysts that are now predicting that AC casinos will never see the revenue figures that they once enjoyed on a regular basis.

The overall revenue of $296.3 million kept New Jersey as the second largest gaming destination in the US, but the warning signs all point to Pennsylvania overtaking them in the future. In September of 2009, revenue at the casinos was $335.4 million.

Competition is not only coming from Pennsylvania. Maryland, New York, and Delaware have also expanded their casino options. Massachusetts, Maine, and New Hampshire may not be far behind, with lawmakers considering casino proposals.

October 13, 2010
Posted By April Gardner
Staff Editor, CasinoGamblingWeb.com
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Iowa Casinos not expectation of voters to turn away gambling


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Legalized Casino gambling is that voters asking to take the gambling problem every eight years a law in Iowa. The voters should decide whether they want to continue to allow casinos to operate in their county.


Opponents have tried to sway voters in the past to stop gambling, but the residents have increasingly adopted the casinos. In November, voters in 18 countries again be asked about casino gambling and it is expected that all eighteen the casinos for at least another eight years.


If the casino gaming industry is growing in the u.s., a less likely chance that voters in Iowa will be back on their previous commitment to the gaming industry. Even one of the leaders of the opposition to gamble, Reverend Carlos Jayne, has admitted that there is little chance to get rid of the casinos.


The casinos in Iowa have more than 300 million dollars in the gaming taxes to the State and local Governments provided.These funds are currently used to implement Iowa the tough economic times created by the recession.The casinos also help the local economy with nearly 10,000 employees that taxes their checks.


Iowa was one of the leaders when it came to casino gambling in the United States. While many other States remained dormant until the last few years, Iowa has allowed more than a dozen casinos. only recently have other countries caught on the potential financial benefits of casino gambling.


Las Vegas and New Jersey remain the top gaming destinations in the country, but Atlantic City is challenged by new entrants in the industry, Pennsylvania and Delaware. from West, Governor of California Arnold Schwarzenegger several deals with Indian tribes, making new casinos.

Former anti-gambling State South Carolina move to Casinos


South Carolina is one of the southern States that has discouraged for a long time to gamble. Legislators for years have averted the idea more regulated gambling to the State, but if the economy continues to falter, this attitude is changing.


Cancun had a ban on casino gambling, but this week the town councillors voted to overturn the ban. that would make gambling right, and the next step casino boats of the Cooper River.


"There are some people that gambling can have a negative effect on like alcohol has a negative effect on, smoking has a negative effect on," said Mayor Keith Summey. "But at the end of the day that is their choice."


That certainly wasn't the overwhelming opinion at a hearing Wednesday at the North Charleston City Hall.Many residents of the South Carolina showed up to express their displeasure with the idea of lifting the gambling ban.However, The Council voted 7-4 in favor of lifting the ban.


The debate that went on this week in South Carolina is one that is similar to debates take place anywhere in the country. Conservative anti-gambling groups claim that casinos are not an acceptable way to help of budgetary constraints. they also claim that the social ills of the gambling outweigh the positive.


On the other hand, gambling advocates believe that the jobs that were created by the casinos and the proceeds of the tax would go a long way in establishing their local economies. studies have been done on both sides of the issue, and legislators have documented the studies that their positions in many countries.

Atlantic City Casinos gambling revenue slip again Watch


Play Now at Rushmore Casino!

Resorts Atlantic City, the oldest casino in New Jersey, is sold and transformed with the theme of the 1920 ' 2 in mind. What the Casino and the rest of the AC casino industry needs is however a return to the 1970s and 1980s, when AC casinos ruled the gaming world.

September gaming turnover figures were released on Tuesday and it was another disappointing month for the casinos. Revenue fell 11.6% from the same period in 2009, and that's not good considering that the numbers 2009 decreased as well.

The eleven casinos in Atlantic City all saw revenue declines in september. The casinos have struggled for most of the past two years, and there is nothing to indicate that a turnaround anytime soon will come. The last revenue figures have officials of the AC casinos shaking their heads again.

Table game revenue on the New Jersey casinos decreased 15.6%. That would be a direct reflection of the table games that are now being offered in the casinos, Pennsylvania.In July, Pennsylvania casinos started offering of table games, and they've taken customers from AC casinos in the months since.

Slot revenue decreased also in double digits. the decrease of the income of 9.9% was not as bad as some previous months, but it clearly shows that competition and the economy has seriously harmed the AC gaming industry.There are some analysts who are now predicting that AC casinos will never see the sales figures which they enjoyed a time on a regular basis.

The total turnover of 296,3 million dollar kept tonnes as the second largest gaming destination in the u.s., but the warning signs all point to Pennsylvania catch up them in the future. In September 2009 was income at the casinos 335.4 million dollars.

Competition is not only submitted by Pennsylvania., New York, Maryland and Delaware also have their casino options be extended. Massachusetts, Maine and New Hampshire might not be far behind, with lawmakers casino proposals.

13 October 2010
Posted by April Gardner
Staff editor, casinogamblingweb.com
Enter news!


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