2008 National Commercial Casino & Racino Gaming Revenue Analysis

A Period of Adjustment

Oops! That giant hissing sound is the gaming balloon that had been growing over the years, slowly losing air. But, it has not been a tide that lowered all ships however, as some emerging and expanding gaming jurisdictions showed strong growth in 2008.

Overall, the commercial and racetrack casino sectors (excluding Indian gaming), experienced a 3.5 percent decline in gaming revenues for 2008, generating a total of $36.2 billion, down some $800 million from 2007. It was the Racino sector that has tempered this drop, as they showed a gain of almost $1 billion in 2008, thereby bringing the Commercial sector market decline to $1.8 billion, or 6.7 percent. Nevada was the biggest loser in 2008, dropping almost $1.3 billion, more than half of which stemmed from the Las Vegas Strip segment.

Hunkering Down

For the most part, casino operators were caught relatively flat-footed by the extent of the 2008 revenue downturn, as it was not until the third and fourth quarters when it really nosedived. Riding the crest of year over year market growth across the country and the availability of ample credit and equity funds, new construction and expansion proliferated in recent years. Today, faced with the realities of declining, or at best stagnant demand, many of these projects are now considered over-leveraged and/or over-sized. As a result many gaming companies are attempting to renegotiate their debt – made more difficult by lower valuations – while also paring down operational costs. The latter has become a very problematic conundrum when dealing with the competition, especially in those jurisdictions that are now vying for market shares with new emerging casino projects in neighboring areas. A topic we discuss more fully in the State by State analysis section of this publication.

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As a result of these conditions the gaming industry landscape is now strewn with impending fatalities. Among the more notable troubled firms are Station Casinos, Empire Resorts, Harrah’s Entertainment, Greektown Holdings, Legends Gaming, Tropicana Entertainment, Herbst Gaming; and the list grows each week.

“How long will these economic conditions persist, and are we at the bottom yet?” are questions no one appears to be answering yet. What is clear however is that most gaming jurisdictions will have to learn how to deal with a smaller pie.

Note:
This analysis includes only gaming revenues of licensed casinos and pari-mutuel outlets that offer casino games, and not Indian gaming operations, card rooms, or small non-casino type slot locations. The whole article, including revenue tables is available on our web page.

Input/Output Model

A key aspect that seems to have arisen from the ashes of this current trend is that many casino projects were just too large to support themselves. The input, in terms of investment dollars, was not proportional to the output, in terms of net profit after debt service, compared to previously achieved results. More and/or bigger is not always better. Seeing the rise in non-gaming revenue at the Las Vegas Strip resorts, gave impetus to the development of more comprehensive amenities in many other jurisdictions. The flaw in this strategy however is that the costs associated with widening market penetration and occasioned-use, are significantly higher than those incurred to attract the base market.

As daytripper markets become more competitive, casino venues will have to rely more and more on their in-house hotel patrons, and size their properties (and expectations) accordingly. While Steve Wynn started a major trend in creating up-market mega-destinations, there simply was not enough demand on the Strip to warrant the many other similar projects that followed that aimed at the same niche.

6 Enticing Ways To Improve Your Click Funnel Skills

Hun, You’re Speaking Greek To Me…

My wife has an extensive computer and I.T. background, and she’s fairly keen on web site design and HTML code. Before she took on the full time job of being mom, and heck, even now, she talks computer language that I simply don’t understand. It just never clicked with me.

I’d always tell her I had no clue to what she was talking about when she and another computer tech would get together.

Well, now, here I am as an internet marketer, and of course we have lingo that we use that most people have NO CLUE about. There are even some internet marketers that have no clue as to what certain lingo actually means.

I know I didn’t when first started down this internet entrepreneur path. I remember reading Mike Dillards “Magnetic Sponsoring” almost two years ago and asking myself “What the hell is a funded proposal?” And “How do you make a sales funnel?” I had no clue at all what those terms meant.

Fast forward 2 years and here I sit now instructing others on what “Funded Proposal” and “Sales Funnel” actually mean.

In reality they are truly simple concepts.

Let’s tackle sales funnel first, because as we get into what a sales funnel is, it becomes apparent what a funded proposal is.

Sales Funnel – As I Was Taught

A sales funnel is typically seen with an attraction marketing system. (I’ve supplied a diagram here at the bottom of the article since some people are more visual learners). It all starts off with the marketing methods you’re using. That’s essentially the opening of the funnel.

You have your marketing resources catching people’s attention and drawing them into the funnel. They enter the funnel once they fill out the form on your PERSONAL lead capture page. I say “personal” because no one is going to opt in on your business lead capture page. They want to join a leader, not a business.

The lead capture page is the entrance into the funnel – when they click that “Sign Up Now” or “Enter Here” button, they enter a whole new concept in network marketing. clickfunnels vs leadpages 2019

The best part is that they are qualifying themselves to do it. It is their decision. You’ve sold them nothing, other than yourself as a leader, a mentor, and as someone that can show them how to get more leads and more cash into their business.

At this point when you start marketing correctly, there should be a large number of leads pouring into the sale funnel from your social networking sites (Twitter, Youtube, Facebook, etc.), banner ads, forums, and blogs. The number of leads will be even larger if you’re using Pay-Per-Click (PPC) advertising – but that’s a different topic for a different time.

All of these leads have clicked on an ad, seen your lead capture page, and filled out the form. What happens now?

How Can You Make Big Money Fast? Online Betting – The Secret Unlocked

Recent years have seen the phenomenon of betting online take on a new level of popularity, particularly with regard to the exchanges that offer the opportunity to bet against other genuine punters.

The secret to making big money by online betting, however, is to look at the options of betting in play – that is while the game or race is in motion – and laying bets to lose, rather than to win.

Let’s say you choose a horse at decent odds in a three mile race, and put $100 on it on one of the exchanges. Follow the race in play, and if it heads into the lead you will be offered some of your potential winning s to lay it to lose.

Now, no horse is a guaranteed winner – some are very likely indeed – so at this point you take that option and use some of that potential – not all – to lay off the horse, tin tuc bong da   or in other words to bet that any horse other than that one will win.

Now, if you look carefully, you’ll note a very strange thing – you simply can’t lose! If the horse comes in you take the value of the remainder of your bet multiplied by the starting price, yet if it loses you win, too, albeit to a lesser degree, but still a profit.

The key is in keeping an eye on the races when they are in progress, and in having access to a good internet connection that will allow you to place a bet on the exchange very quickly – in seconds. This way you are well placed to capitalise in the changing circumstances of the race as it unfolds.

Boost Your Casinos With These Tips

“An individual plays only when he is human in the full sense of the word, and he can be wholly human only when he is playing”. Friedrich Schiller

The history tells us that in 49 B.C. the famous ancient Roman commander Julius Caesar, having won brilliant victories over barbarian galls, wanted to seize supreme power in the Eternal City. Then the frightened senators forbade him and his troops to return to Italy.

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Without hesitations, the commander announced about his decision regarding the senate ban by saying “Alea jacta est” (“The die has been cast”) and crossed the border river Rubicon. This led to lingering civil wars in Rome, which became one of the most significant events in ancient history.

The words of the ferocious dictator became proverbial, however, today there is hardly a person who thinks about its real meaning. As it turned out, the Great Caesar actually cast the dice. So great was his passion to gambling, that he deeply believed in the magic ability of the dice to predict the future.

The public opinion hardly favors gamble and everything connected with it. Conversely, in those times the word “player” was nearly a swearword – so huge was the contempt of the majority of people to those who gave the game its due.

But at the same time ancient people understood perfectly well that the thirst for gambling could not be eradicated. The Greeks with their characteristic rich imagination invented a myth about the goddess of the fate Tyche (the Romans called her “Fortune”), who gave birth to Zeus’ daughter, and this girl was endowed with the gift of inventing various dangerous amusements, which caused the people to lose a lot of money, cheat, scuffle and committed suicides.

Tyche loved her daughter and thus winked at her cruel pranks. She even presented her with a large beautiful house, to which her daughter allured the most credulous players to make them miserable.
More than two thousand years passed since those times, and today hardly anyone believes in fortune-telling by throwing lot and myths about the goddess Tyche, but there is one thing that has not changed. It is the human need for the game. This unquenchable desire stipulated for the fact that in the course of time special premises were built for gambling – as if the ancient Greek legend came true.

In these establishments visitors played with each other in these and paid a part of their winnings to the owner – or played with owner and then, if they lost, they were to pay the whole amount of the bet to the casino owner. Approximately in the 16th century such establishments came to be called by the Italian word “casino”, which has not changed its meaning up to now.

Gambling houses irrepressibly attracted people with different characters, different talents and varying financial possibilities. The list of famous casino frequenters, compiled by the largest casinos in Europe, includes such celebrities as chancellor Bismarck, composers Berlioz and Brahms, the writer Dostoyevskiy, the poet Mayakovsky and the automobile king Citroen.

Reverberating fame, however, did not prevent these people from insidious tricks of Fortune. Admittedly, some celebrities were often lucky and they won a lot. For example, Citroen was such a lucky player. He loved to play for high stakes, in order to impress other rich men. Journalists never grew tired of writing that the automobile king is as lucky on the green cloth, as in business.

Others mostly lost. For instance, Mayakovskiy was such an unlucky fellow. He loved billiards, cards and particularly the roulette. During his trips abroad the poet run into unprecedented debts, because he was lucky only at billiard table, but by no means in the roulette.

Gambling houses are known not only by their frequenters, but also by various legends that surround these establishments. The most enduring is the story how a certain Frenchman monsieur Blanchard won twice in “Casino Monte-Carlo”. When he intended to enter this casino for the first time, his hat was spoilt by the dove. Blanchard interpreted this as a good sign and was right. The player managed to win several thousands. Then he intended to go to casino once again, but on condition that a bird would spoil his hat for one more time.

He had to wait for the new dove for several days, but his expectations paid for themselves. The Frenchman was lucky that time and he won even more than before. After this, the doves displayed no interest in Blanchard and he could not win. However, all inveterate players believe that if the bird marks you before the visit to the gambling house is a true sign of good luck.
Clearly, it is nearly impossible to get rid of all possible troubles completely, because even trifle losses somewhat spoil the mood. But they also make the triumph more delightful and allow you to feel the sharp fascination of victory over chance. Thus, it is hardly expedient to worry in advance, you should just be always be at the ready and treat the game lightly, although with deep respect, as if it were a close friend of yours.

Clickbank Profit Machine Review – Is This Another Useless Make Money Product?

Do you want to read a review of the Clickbank Profit Machine, a training product released by Dylan Loh? Before you buy any make money product over the internet, I would recommend you to do sufficient research first, because I have personally bought many which are poorly presented, and contain information that do not work.

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In my attempt to make an extra income on the internet, I decided to try out Clickbank Profit Machine after hearing many good things about the author and his earnings. So who is Dylan Loh, and do the strategies in his guide work?

1. Who Is Dylan Loh?

He is a successful internet entrepreneur who has managed to make a lot of money through marketing on the internet, mostly through selling Clickbank products. He resides in Singapore, and has now decided to compile all his knowledge into a step by step guide to help others who want to make money online.

2. Who Is Clickbank Profit Machine Made For?

This guide is especially made for beginners who are keen to try internet marketing but are not sure how to start, what to sell, and where to find customers to sell to. This is due to the fact that the author does not skip even the simplest of steps, like telling you where to sign up, and what the basic terms (which beginners may not understand) in internet marketing mean.

The steps that you will need to take are then put out in a structured process. Each step will require some time and dedication to complete, but quite frankly, they are very easy to do because you will be taught exactly which websites to go to and what to do thereafter.

3. Some of the Techniques Discussed

Firstly, you will learn some strategies to make money without a website. Although to be honest, it is much more profitable to make your own simple web pages, and they are not difficult to create either. After that, you will learn how to pick products that are guaranteed to sell.

Finally, learn some of the easiest to set up traffic generation methods to ensure that people visit the web pages you have created. The Clickbank Profit Machine is highly recommended for any beginner internet entrepreneur who wants to start making money on the internet.

Casino Games – An In Depth Review Of Everest Casino

Everest Casino is one of the leading online casinos and features a great variety of casino games. There are currently thousands of daily visitors each day trying their casino luck at this gaming site. Everest Casino started their business in 1996 with skilled casino professionals, and were in progress serving players from 1997 and onwards. With a world class operational excellence, now they are one of the largest and most popular casino sites.

You can experience some of the top quality games at Everest Casino. This interesting casino gaming site makes them collaborate with Grand Virtual, the globally renowned casino technology. There are as many as three hundred games with new ones being added every month. This casino site has been a hit among online gamblers. The games include cards, video poker, table games, slot machines and lottery games. Games can be downloaded for free.

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Everest Casino lets you earn in the millions when you win a jackpot. These are given out every month through progressive jackpots and top payouts. Here is your chance to try your luck and enjoy some of the best gaming experiences. Some of their recent winners have got it right and they just cannot judge their winning destiny. This gaming site holds everything from monthly tournaments to one time promotions. So one should surely give it a try and win some of the exciting prizes which the site has to offer. Everest Casino promises you more play for less money by giving you a bonus of a real money deposit to your account.

At Everest Casino, financial transactions are safe and secure. It does its transaction through e-wallet, credit card, pay safe card and iPS. For additional support on transaction matters, the site offers a 24×7 player support team. Also the FAQ-section gives you some useful information.

Everest Casino offers fair gaming for online gamblers. It uses the Random Number Generator (RNG) which is certified by Technical Systems Training (TST).This world class gaming site associates itself with the Interactive Gaming council, Internet Billing service, Gibraltar Regulatory Authority, Gambling Addiction Support Organization and Internet Content Rating Association.

This online casino gives attention to Responsible Gambling. Players above 18 years of age are allowed to play. Certain table limits are imposed on players to avoid compulsive gambling, though it should be known that the game of gambling is to be played for the sake of fun only.

So what brings Everest Casino to be rated among one of the most reputed and world class online casinos? Its operational excellence, world class gaming experience, fair play and superior gaming technology – always.

A Guided Tour of an Online Casino

Using the comprehensive online casino directory CasinoBrain as our guide, we will lay out in this article the features you should expect from a high quality online casino directory.

Top Lists

In all their catchy, short attention span suiting, bottom-line giving glory. A good online casino directory will cut straight to the bone and save you the trouble of sifting 먹튀검증 through the reviews their writer-players so tirelessly toiled over. A great sampling of top lists might include the following: Top Casinos, Top Casino Payouts, Top Bonuses, Top No Deposit Bonuses.

Casino Reviews

The meat of the online casino directory (or its heart if you prefer). Online casino savvy writers visit each of the sites reviewed, peruse its offerings, play its games, and compare and contrast one against the other.

CasinoBrain’s reviews give you a comprehensive idea of what criteria a good online casino directory should examine in evaluating an online casino: An overall summary, screenshot(s) of the actual casino itself, overall score/grade, bonuses and promotions, payout percentages (by game), software and graphics, games (including game-specific info on limits and stakes), payouts, cashouts, and Security (including payment methods accepted for each, procedures for each, and encryption technology employed), and customer Support (including methods of contact — email, telephone, live chat).

CasinoBrain has even created a system of eye-catching and colorful icons that represent some of the more common attributes of online casinos for quick and easy reference when perusing the online casino directory reviews. Attributes like: Progressive Jackpots, MultiPlayer Games, Sportsbook, No Download, Signup Bonus, and others!

Casino Game Rules

A good online casino directory should teach you how to play the games offered at the online casinos they list. At the very least, an online casino directory should teach the rules of the most popular games, such as Baccarat, Blackjack, Craps, Keno, Roulette, Slots, and Video Poker.

Betting Systems

Some players swear by them. A good online casino directory devoted to giving players all the facts possible should explain in depth the most widely-used betting systems online or off. These include: the 1-2-3-6 System, the D’Alenbert System, the Labouchere System, the Martingale System, the Parlay System, and the Paroli System.

Gaming Software

A quality online casino directory will list the various major software makers that are used to run the online casinos, even allowing you to sort online casino by the software they run. Examples include Microgaming, Playtech, Real Time Media and WagerLogic.

Payment Methods

Of interest to many players also is information about the various Payment Methods you could choose to use to fund (and withdraw from) your online casino accounts.

Casino Gambling Trends

The internet’s ability to blur boundaries and society’s acceptance of casino gambling and sports betting ultimately shed light on the inconsistencies and loopholes of American gambling laws. From the makeshift sports book stalls in Nevada, most sports betting activities shifted operations and exploited the possibilities of cyberspace in the mid-1990s. At present, there are numerous online gaming sites catering to sports betting and casino gambling based in countries like Jamaica, Costa Rica, and Ireland.

Despite overseas-based operations, the lion’s share of the revenues and clients of these sites come from American states. In fact, recent studies show that these online 카지노사이트 casino gambling and sports betting sites earn more than legal casinos operating in Nevada. The profits of online gambling and betting sites are estimated at $70 billion for 2005 alone. This is a staggering amount compared to the reported $2 billion from Nevada casinos. This is enough to overthrow the three-decade reign of Nevada casinos from the 60’s to the early 90’s. Considering that sports book and casino sites have been operating for less than two decades, they are clearly a threat to the thriving Nevada gambling scene.

For decades, Las Vegas is the only place legal for gambling operations. Atlantic City followed suit and made casino gambling legal; the following decades saw the proliferation of state lotteries, card clubs, gaming ships, Indian casinos, and off-track betting salons across the nation. But still, these developments are not enough to compete with online gambling. The industry of online gambling is not even swayed by staunch opposition from legal US casinos. The gambling laws of the United States of America do not help, too. They vary widely from the different states. Most states ban all forms of gambling while some make exceptions. Inconsistencies like these make it easy for online operators to find and use loopholes in the law. The American Gaming Association maintains a defensive stand regarding online gambling. The association pushes for federal laws on the regulation of online gambling. According to them, the unregulated nature of the online gambling industry is its advantage over traditional casinos; regulating it puts both camps on even footing.

But despite this stand, some Nevada casinos are following the old stand-by: if you cannot beat them, join them. November 1998 saw the start of a new trend; traditional casinos started acquiring off-shore online casino gambling companies to improve their profits. An affiliate of the Hilton Hotels absorbed the Australian sports book Centrebet.com. Other Nevada casinos followed and this cycle again spawned a new barrage of debates.

Contrary to their earlier dislike of the online gambling industry, the traditional casinos set their sights higher. They are now pressuring the Congress to pass a law that legalizes online gambling. This is done in an effort to lower production costs; legalization means that they could now shift their operations in the US. Harrah’s and MGM Mirage, the two leading casinos in Nevada and undoubtedly owning their own online gambling sites, lead the casinos in requesting for the regulation of online gaming. Clearly, this move requesting for regulation does not intend to put traditional casinos at par with online sites anymore. The competition shifted between independent online sites and Nevada casino-owned sites. A move to regulate translates to double profits for the Nevada casinos.

Why Shopping for Cheap Used Car Parts Online Is Superior to Offline

One thing that nearly every car owner is going to have to do at some point is shop for car parts. Due to the maintenance requirements of most vehicles, this is simply part of owning a car. However, shopping for car parts doesn’t have to be as nearly frustrating and tiresome as it usually is. One way to make the task of buying car parts a lot easier is shopping online as opposed to offline.

Time Savings

The first obvious reason to shop online instead of offline is the amount of time you can save. Shopping for car parts offline takes time. Finding the right part can mean going from store to store. This can waste time as well as money spent on gas. If a part is no longer carried by nearby stores, this could mean searching through scrap yards for the right part for the right model. This will be even more time consuming.

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This is not the case with shopping for car parts online. Many websites that sell car parts have advanced search options. You can search through their databases for the exact part for a car using the model, make and year as search criteria. Such a search can be finished within seconds as opposed to the hours that may be required to find that part offline.

Selection

Secondly, the selection online is certain to be superior to what a person can find through offline means. The reason for this is simple. While offline, a person can only travel as far as he or she wishes to drive to find a part. The internet, on the other hand, encompasses the entire planet.

For example, a person that lives in Maine may need a certain part for the engine of a 67′ sports car. Finding such a part in that person’s town is highly unlikely due to the low number of models of that car still in existence. However, using the internet, that same person may be able to quickly find sellers from states as far away as California and Hawaii that do have that part. No travel is required either. The part can simply be shipped for a relatively small fee.

Price

Lastly, price is another great reason to shop online. This is due to competition. Auto parts dealers in certain neighborhoods simply do not have a lot of competition. When consumers have limited options, this means that those businesses can charge a higher price to benefit from this lack of competition.

How to Choose a Software Development Company – Here Are 5 Criteria

When evaluating a software development firm, pay attention to the questions they ask. Are they taking their time to learn more about you and what you want, or are they rushing to handing you a proposal and a quote? We’ve done a research and selected the 5 key criteria we consider important for businesses to make their choice of a web or Mobile Application Development Company that would suit their needs. The criteria are listed by priority below:

 

1) The Range of IT Services a Company Provides

Any project development should be treated as a complex process that requires a comprehensive approach. It involves not only quality code writing but also preliminary business studies, team development, quality assurance, quality audit, risk assessment and mitigation on all stages of web development and post-release support. An outsourcing company that provides the full range of IT services can guide you on how to bring out the best of your project idea provides a non-trivial solution and create the product that will hit the market. Nowadays, rendering the full scope of IT services is a must-have for IT companies to produce a successful project.

2) Software Quality and Professional Approach

You should choose an outsourcing team based not only on software outsourcing company  their technology skills, but also their ability to apply useful tools and frameworks that accelerate development and increase work efficiency and productivity. Figure out what mockup tools, delivery process/methodology, tracking systems and quality software metrics the vendor employs to make software, and discuss your expectations with the vendor.

3) Methodology and Project Delivery Process

A reputable IT company should follow a structured and well-defined project management methodology (such as Scrum, Kanban, etc.) to optimize project development and provide effective collaboration between a customer and a vendor. It is especially critical for outsourced projects to ensure their proper monitoring and coordination in real time. Find out how you, as a customer, can be involved in the development process and keep track of your project implementation. Ask to prepare a communication management plan.

4) Language and Cultural Compatibility

So, you want your project to be delivered as expected and within a reasonable budget and time frame. A communication gap and cultural differences can cross all the efforts you’ve made before. Focus on your vendor language skills and cultural compatibility. To facilitate communication and interaction, choose an outsourcing vendor that has similar cultural and educational backgrounds.

5) Location and Time Zone

Preferably, your vendor should be situated within a close reach to your company. Proximity reduces travel costs and times greatly. And finally, make sure your vendor is located in the right time zone with similar working hours. That makes communication better and allows you to settle issues without delay