Which is More Fun – Online Casinos Or Land-Based Casinos

The Proper Care & Feeding of the Golden Goose

Under the new paradigm of declining economic conditions across a broad spectrum of consumer spending, casinos face a unique challenge in addressing how they both maintain profitability while also remaining competitive. These factors are further complicated within the commercial gaming sector with increasing tax rates, and within the Indian gaming sector by self imposed contributions to tribal general funds, and/or per capita distributions, in addition to a growing trend in state imposed fees.

Determining how much to “render unto Caesar,” while reserving the requisite funds to maintain market share, grow market penetration and improve profitability, is a daunting task that must be well planned and executed.

It is within this context and the author’s perspective that includes time and grade hands-on experience in the development and management of these types of investments, that this article relates ways in which to plan and prioritize a casino reinvestment strategy.

Cooked Goose

Although it would seem axiomatic not to cook the goose that lays the golden eggs, it is amazing how little thought is oft times given to its on-going proper care and feeding. With the advent of a new casino, developers/tribal councils, investors & financiers are rightfully anxious to reap the rewards and there is a tendency not to allocate a sufficient amount of the profits towards asset maintenance & enhancement. Thereby begging the question of just how much of the profits should be allocated to reinvestment, and towards what goals.

Inasmuch as each project has its own particular set of circumstances, there are no hard and fast rules. For the most part, many of the major commercial casino operators do not distribute net profits as dividends to their stockholders, but rather reinvest them in improvements to their existing venues while also seeking new locations. Some of these programs are also funded through additional debt instruments and/or equity stock offerings. The lowered tax rates on corporate dividends will likely shift the emphasis of these financing methods, while still maintaining the core business prudence of on-going reinvestment.
Profit Allocation

As a group, and prior to the current economic conditions, the publicly held companies had a net profit ratio (earnings before income taxes & depreciation) that averages 25% of income after deduction of the gross revenue taxes and interest payments. On average, almost two thirds of the remaining profits are utilized for reinvestment and asset replacement.

Casino operations in low gross gaming tax rate jurisdictions are more readily able to reinvest in their properties, thereby further enhancing revenues that will eventually benefit the tax base. New Jersey is a good example, as it mandates certain reinvestment allocations, as a revenue stimulant. Other states, such as Illinois and Indiana with higher effective rates, run the risk of reducing reinvestment that may eventually erode the ability of the casinos to grow market demand penetrations, especially as neighboring states become more competitive. Moreover, effective management can generate higher available profit for reinvestment, stemming from both efficient operations and favorable borrowing & equity offerings.

How a casino enterprise decides to allocate its casino profits is a critical element in determining its long-term viability, and should be an integral aspect of the initial development strategy. While short term loan amortization/debt prepayment programs may at first seem desirable so as to quickly come out from under the obligation, they can also sharply reduce the ability to reinvest/expand on a timely basis. This is also true for any profit distribution, whether to investors or in the case of Indian gaming projects, distributions to a tribe’s general fund for infrastructure/per capita payments.

Moreover, many lenders make the mistake of requiring excessive debt service reserves and place restrictions on reinvestment or further leverage which can seriously limit a given project’s ability to maintain its competitiveness and/or meet available opportunities.

Whereas we are not advocating that all profits be plowed-back into the operation, we are encouraging the consideration of an allocation program that takes into account the “real” costs of maintaining the asset and maximizing its impact.

Establishing Priorities

There are three essential areas of capital allocation that should be considered, as shown below and in order of priority.

  1. Maintenance and Replacement
    2. Cost Savings
    3. Revenue Enhancement/Growth

The first two priorities are easy enough to appreciate, in that they have a direct affect on maintaining market positioning and improving profitability, whereas, the third is somewhat problematical in that it has more of an indirect affect that requires an understanding of the market dynamics and greater investment risk. All aspects that are herewith further discussed.

Maintenance & Replacement

Maintenance & Replacement provisions should be a regular function of the casino’s annual budget, which represents a fixed reserve based on the projected replacement costs of furniture, fixture, equipment, building, systems and landscaping. Too often however we see annual wish lists that bear no relationship to the actual wear & tear of these items. It is therefore important to actually schedule the replacement cycle, allocating funds that do not necessarily have to actually be incurred in the year of accrual. During a start-up period it may not seem necessary to spend any money on replacement of brand new assets, however by accruing amounts to be reserved for their eventual recycling will avoid having to scurry for the funds when they are most needed.

One area of special consideration is slot machines, whose replacement cycle has been shortening of late, as newer games & technologies are developing at a much higher rate, and as the competition dictates.

Cost Savings

Investment in cost savings programs & systems are, by their very nature and if adequately researched a less risky use of profit allocation funding then almost any other investment. These items can often take the form of new energy saving systems, labor saving products, more efficient purchasing intermediation, and interest reductions.

These items have their caveats, one of which is to thoroughly analyze their touted savings against your own particular application, as often times the product claims are exaggerated. Lease buy-outs and long term debt prepayments can sometimes be advantageous, especially when the obligations were entered into during the development stage when equity funds may have been limited. In these cases it is important to look at this strategy’s net effect on the bottom line, in comparison with alternative uses of the monies for revenue enhancing/growth investments.

One recent trend is the growing popularity of cash-less slot systems, which not only provide labor savings for fills, counts and hand-pays, but also serve as an aid to patrons who do not like to lug around those cumbersome coin buckets, while also encouraging multiple game usage.
Revenue Enhancing & Growth

Leveraging is the key catalyst of any revenue enhancing/growth related investment. It includes the following:

o Patronage Base
o Available Funds
o Lands
o Marketing Clout
o Management Experience

The principal is to leverage the use of the available asset towards achieving higher revenues & profitability. Typical examples include increasing average patronage base spending and widening the effective trading radius, by offering additional products/services, such as retail stores, entertainment alternatives, recreational/leisure amenities, overnight accommodations, more restaurant choices, and of course, expanded gaming.

Master Planning

Anticipation of potential growth and expansion should be fully integrated into the project’s initial master planning so as it assure cohesive integration of the possible elements in a phased-in program, while also allowing for the least amount of operational interruption. Unfortunately, it’s not always possible to anticipate market changes, so expansion alternatives must be carefully considered.

The Big Picture

Before embarking on any type of expansion and/or enhancement program we strongly recommend first stepping back and assessing the property’s present positioning relative to the market and competitive environment. As we have observed in numerous gaming jurisdictions around the country, often casino ventures that have been operating “fat and happy” for a few years, find themselves in a zero-growth period. Sometimes this is due to competition stemming from either/both new local area casinos or regional venues that have the affect of reducing patronage from peripheral area markets. Additionally, the current customer base may become bored with their experience and are seeking greener pastures. The historical growth of the Las Vegas strip is testament to the success of continually “reinventing” oneself. 안전놀이터

Our approach to these market studies is initially focused on determining the degree to which the current facility is penetrating the potential market and in relationship to any competitive market shares. Typically, this represents an analysis of the current patronage base in terms of information gleaned from the player tracking data base, and mailing lists, coupled with day-part, daily, weekly, monthly and seasonal revenue trends.

This data is then interfaced with an assessment of the overall market potential to indicate the extent to which certain market segments are utilizing the facility and the needs it is fulfilling. More importantly however, is that this type of analysis will indicate those market segments that are not utilizing the facility more fully, and why.

 

Advent of Online Slot Machines

The advent of online slot machines has been considered by many casino players as boon because it allows you to play games at your convenience in your house. You can access too many websites which provide the best online slot machines and the different bonuses these slots offer in order to enable you to make a considerable gain through playing these slots. For most of the casino players, it is a very boring affair sitting near the slot machine for a long time and plays the game. The slot machines are a different version for gambling and makes possible for the casinos to make huge money. The online machine slots are very much sought after games both in the land based casinos and online. The advantage of the online machine slots is that you are enabled to play the machine slot with your real money. Free games Several of the online slot machines provide free games for you to play and at the same time there exist several slot online machine websites facilitate you to play with real money. Prior to giving a deposit for a slot online machine, you must make sure that the site has valid license and you access their performance details as well as their service quality. You can access this information from certain websites which offer details regarding the best performing and those which are having poor quality services. The operation in a slot online machine is very simple where you put the coin and operate the liver and watch for your luck. No strategy is required in playing the online slot machine unless you go in for playing in the complex machines with multiple operations. Online slot machine will be a helpful thing for you in the next. Super slots casino games The super slots casino games are not very much different from other online slot machines. Here they concentrate on games on slot machine. The super slots games are very much progressed technically and are very novel games. 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Bail Bond Services Greensboro: You can be released from jail quickly!

Need to get out of jail fast? Consider All American bail bond services in Greensboro! They will assist you with getting free from jail fast and efficiently, so that you can resume living your life as normal. They are specialists in bail bond procedures and can help you through every step. For more information, call them now!

Bail Bond Services Greensboro

All American Bail Bond understands the frustration of having being locked in jail away from your family. This is why they provide professional bail bond service to help get you out of jail fast! They know the specifics of the bail bond process and will assist you to make sure that everything goes smoothly. They are there to assist you throughout the way. So please do not hesitate to call them immediately!

What is a Bail Bond?

If you or someone close to you is accused of an offense and placed in jail. The court will determine the bail amount and if you’re unable to pay it, you may get in touch with a bail bond agency. A bail bond firm will issue bail on your behalf and charge you a fee, usually about ten percent of the total bail amount.

When the bail is posted after the bail is posted, the court releases the defendant from jail, and they’ll be released until their day in court. The court is able to require bail bond companies be brought in when you do not attend court on your date. You will most likely be unable to claim any money you paid.

What is Bail Bond?

The first thing you need to do is find a reliable bail bond firm like All American Bail Bond. If you’ve found a reputable company, they’ll work closely with you to find the best solution for you. They’ll help you determine what kind of collateral will be needed and work out a payment plan that works for both parties.

All American Bail Bond – The Best Bail Bond Company

All American Bail Bond is Greensboro’s top bail bond business. The team they have is comprised of highly trained experts who are committed to helping their clients to get out of jail fast. We offer a variety of services. These include:

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If you are in need of bail bond services, call them now! They’re happy to help you during this difficult time.

Their customer service and their professionalism is of the highest standard. They go above and beyond to assist their clients.

If you’re facing criminal charges, you shouldn’t be in jail waiting for your day in court. Bail bond companies such as All American Bail Bond offer many options to help you get out of jail fast. They offer 24 hour bail bond service and collateral management. They also can collaborate with you to create a payment plan that suits your needs. Call them today if require bail bond service in Greensboro! You won’t be disappointed.

Conclusion

All American Bail Bond is the top North Carolina Bail Bond Company. They provide fast and reliable services you need to get out from jail. If you need bail bond services in North Carolina, contact them today! It’s not a mistake.

All American Bail Bonds

500 N Greensboro St, Liberty, NC 27298, United States

+1 336-795-0289

http://24hourbondsman.com/

 

Video Poker Slots – A Novice’s Guide To Playing Like a Pro Quickly!

If, for you, the worst part about going to online casinos is leaving then your sorrows are over. With online casinos you can bring the excitement of live casinos home with you! Online casino software emulates real casino games so well that you may even forget that you are in your own home and not in Las Vegas! Online casinos have everything that live casinos have to offer, so the next time that the urge strikes you to head to Caesar’s Palace all you have to do is turn on your computer. situs judi slot Terpercaya An online casino is not so different from a live casino. When you play online you can choose from all of your favorite gambling games. Online casinos offer virtually any casino game you can think of including, but not limited to, slot machines, video poker, regular poker, blackjack, baccarat, keno, roulette, craps and even bingo! The games are played by the same rules as in live casinos and online gambling software is even designed to look just like real casino games! Some Internet casino websites even offer software in which you have a character that must walk around a three-dimensional casino space with other players and choose your games. It is the belief of many gambling enthusiasts that online casino games are not as exciting as real live casinos because when you play online you are sitting by yourself at your computer and there is no interaction with other players. This is not the case at all! In fact, most Internet casino sites encourage interaction between players, especially in multiplayer games like blackjack, craps and poker. There are also tournaments in which players compete against each other in all forms of casino games, including slot machines. Online casino tournaments can be a fantastic social experience! When you play in online casino tournaments you pay an entry fee. For this fee you receive a predetermined amount of chips. Each player receives the same number of chips and has a specific amount of time in which they may play slots machines or poker or roulette or whichever game is specified by the tournament. At the end of the allotted time the player who has the most chips is the winner. The prize pot is made up of player entry fees and can be quite large depending on the number of players. Additionally, interaction is encouraged during the tournament through chat software and can make online tournaments a fantastic social experience. As you can see, gambling online can be just as fun and exciting as playing in live casinos. The best part is you don’t have to book a plane ticket or even leave the comfort of your own home! If you have a computer and Internet access you can participate in Internet gambling twenty-four hours a day, seven days a week! All you have to do is choose a casino online and start playing and you’ll never be sad about leaving the casino again!

Vivo Y73 Powerful Rounded Frame With 8GB Ram

 

The Vivo Y73 is a great cell phone for those who love texting and calling on the go. This is one smart phone that comes with a lot of nice features. You can even get free VOIP minutes on your account. And the best part is, you don’t have to use a credit card or a checking account to buy this phone.

Vivo Y73 has an amazing camera on it. It comes equipped with an Ultra HD Plus camera that’s four times faster than the average smartphone. To add to that, the phone comes equipped with a high definition camera and other special features like a super night mode, a rapid firing video and picture shot and a self-timer. In short, this smartphone is a great phone. vivo y73

But if you’re looking for a phone that’s not only attractive and eye catching, but also fun, then you should really consider buying the Vivo Y73. This is the ultimate cell phone for anyone who loves to use their smartphone. For those who are interested in playing games, the phone also comes equipped with a powerful gaming system, called the Funtouch gaming platform. The device also comes equipped with a memory card, which contains space for more than two hundred songs. Users can expand this memory up to 1GB using a microSD card.

Users can also enjoy extra features such as text, image and share functions when they take advantage of the Funtouch interface. With the Vivo Y73, you get the most out of Android technology. It runs on the very latest version of Kit Kat 4.4.4. Users get access to high resolution and fluid touch screen technology that is smooth and responsive. It has been loaded with Google Now, so it makes it easy to access all the information that you want, when you need them most.

For those that use their smartphones heavily, the Vivo Y73 comes equipped with a high definition front camera and a dual tone multi-color capacitive screen for vivid color experience. It has a built-in memory card reader, so you don’t have to purchase an additional one, and it has an efficient 2.5D screen that makes watching videos a pleasurable experience. The multimedia rich gadget also comes complete with a large and vibrant 8 GB RAM, a fast 2 mega pixels rear camera, a large high definition screen, a memory card slot, a standard headphone port, and a micro USB port for charging.

If you want a high quality and powerful smartphone that will give you plenty of things to do, then the Vivo Y73 is perfect for you. It has a robust design that is loaded with features that will amaze you, and has been loaded with the latest version of Android operating system, namely the Mediatek Helio G95. With a Android OS that is packed with tons of useful features, you should have no problem finding plenty of things to do on this powerful smartphone.

How Slot Cars Work

The online gaming world is full of slots. It would take hours to name and describe them all. Nevertheless, there are a number of tips, strategies and facts regarding the way in which you can play slots profitably.

I intend to go through the most important slot strategy concepts in the subsequent article.

Stick to your budget

Choose a suitable slot that fits within your bank roll/budget. The higher the bets you make, in comparison to your budget, the sooner you will be out of money. So if you have £100 to spend within one session, stick to the lowly slots with minimal spin costs. Whereas if you have £100,000 to spend play the high roller slots which cost a lot more to spin.

Betting the maximum amount possible

When you have figured out a betting level that suits your budget, go one level lower, and get into the habit of always making maximum bets. Instead of betting £1, bet the maximum number of quarters possible. More often than not, there is very little difference between these two slots strategies, but to qualify for the really high payouts, you must bet the maximum amount possible. Generally speaking, you have slightly better odds if you bet the maximum amount they allow.

Read any information given regarding the slot and make sure you understand the payout schedule. Some slots have an auto-spin feature that lets you play spin after spin without the need to watch; if this option is available by all means use it, if you are playing solely for monetary gain. Playing slot is not a career choice, but instead a recreational and fun game which can earn you money in the process. But where’s the fun in having a computer wasting your money while you wash the dishes? 우리카지노 도메인

Seeing all the angles

It’s essential to understand the concept of pay lines. This is an important part of both live and online slots strategy. Some slots have as many as 25 pay lines. It’s crucial to know that in cases like this, it is not enough to just play the max amount. If you play the maximum amount on one pay line out of 5, you won’t win the largest payout or the progressive jackpot. To hit the biggest payouts possible, you must play not only max amount but also the max pay lines. Obviously, this will cost more, but the rewards are far greater.

Slots and bonus rounds

Consider utilising the bonus rounds offered by the slots. They are in effect a game in their own right where you gamble with some or all the credits you have won while playing the regular spin slots. It’s a bet that often pays even money, which makes it the best bet available to you while playing an online slot. However, while it gives you a decent chance of winning more credits, it also means there is a possibility of losing the credits you have just won.

How to Find Good Online Casinos Offering Online Slots?

Casino US takes its name from the country whose casinos are famous all over the world, USA. Even though its name is dedicated to USA, it welcomes players from other countries and accepts US dollar, Canadian dollar, Australian dollar, South African rand, and the pound and euro currencies. Casino US is a member of the reputable Vegas Partner Group and is licensed by Kahnawake Gaming Commission (KGC). It is affiliated to eCOBRA which is an industrial association initiated by Price Water Cooper and Micro-gaming.

The casino uses micro-gaming software for its games, which is one of the oldest and most reputable gaming software in the world. It uses the new Viper Micro-gaming software, which is the latest version and has many more new features than the old version of micro-gaming like auto play, game statistics, game strategies etc. The software provides the platform for huge collection of games with new games being added every now and then. Casino US has more than 200 games, which include traditional casino games and contemporary games. All the games are categorized under headings like table games, progressive jackpots, video poker, video slots and reel slots. The graphics and sound quality of the games are excellent which gives the feel of a real casino to the player. The rules of the games are easy to understand and simple to play and the navigation system provides for smooth transition from one game to another.

Casino US players have the option of choosing between two versions of the game – the flash version or the downloadable version. The flash version is beneficial for players whose computer are not compatible with the game software or have low speed internet connection. However, some games are not available in the flash version. Furthermore, the casino allows players to play for fun or with real money. New players who play with real money and sign up by opening an account in the casinos website are given free bonuses on the first time deposit made by them. The casino provides the players with 3 free bonus options:

· Free 300% matching bonus on a deposit of $10-$29 up to a maximum bonus of $30.

· Free 100% matching bonus on a deposit of $30-$284 up to a maximum bonus of $100. 메이저놀이터

· Free 35% matching bonus on a deposit of $285-$1000 up to a maximum bonus of $350.

Casino US provides several other promotion offers to all its casino players like

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The casino gives 30 free spins on The Osborne’s Video Slot. However the players have to make a minimum deposit of $20 in order to qualify for free spin offer and keep the winnings.The casino give $1776 worth of free play without any deposit or risk to its players. The players get 60 minutes of free play and a chance to keep the winnings too.However in order to claim the winnings a minimum deposit of $20 must be made on which the casino further gives a free bonus of $100. The casino has a 4 tier VIP program with various benefits to its members. Members have to collect lounge points in order to stay or move up in the tier system.

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Some of the games provided by the no deposit casino bonus codes are blackjack, poker, roulette, slots, etc. And another similarity in the no deposit casino is that like in other casinos, it does not admit minors who are under the age of 18, as per the legal regulations. In order to ensure that this system does not come along with catches or traps, it is mandatory for all the players intending to use the no deposit casinos to go through the rules and regulations of these casinos carefully, before enrolling.

The no deposit casino also tends to make limitations over the no deposit casino bonus codes, making it as low as just $10. This is a good opportunity, for people to get something out of nothing and sounds attractive as well as convincing. Some people want to investigate how these no deposit casino bonus codes tend to work, keeping in mind the opinion that casinos are not charity centers, but highly business minded. The truth about the working of these casinos can be answered with the help of the ‘free samples’ marketing strategy, where the organizations of sources who are highly confident about their services or products offer free samples to their customers.

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If you are looking for some leisure games that are easy to learn and pick up, perhaps you may wish to consider video slots. Slot machines are not new games. They have been around for a long time and they are fun and exciting. One can easily spend hours and hours with a slot machine and be totally engaged.

The main reason why a slot machine can be so engaging is because you stand to win real money if the reel slots stopped at specific positions and form winning patterns. When a winning pattern is formed, it’s like winning the lottery. You hear the tinkling sounds as the coins drop out of the machine!

Traditional slot machines only have 3 slots. The winning patterns are limited, and there are less play options. Today, modern slot machines are slightly different. Although the winning principles are still similar, a player can choose different playing options such as bonus games or multiple choice games. In place of the 3 reel slots, modern machines have 5 reel slots, which means that there are more pay lines.

Many players believe (wrongly) that slot machines don’t pay out for a while after a huge win. However, statistics have shown that this belief is not true. All spins are completely random, and a previous win doesn’t affect the odds of the next spin. In other words, don’t expect the next spin to be predictable in any way. Once a huge win has been won, forget about the win. The odds for the next spin will be the same.

The reason why many people believe that slot machines don’t let players win for a while after a big win is because it is very rare for someone to witness two wins in a row. And seeing is believing. If no one witnesses 2 wins in a row, then the myth must be true. Don’t be fooled!

When playing a slot machine, think about your budget. Usually, slot machines can “eat” up coins pretty fast. Think about how much time you wish to spend on the machines. If you are looking to spend a longer time at the slot machines, then consider playing with smaller bets.

Larger bets, however, usually allow you to win more coins. The larger you bet, the more coins you stand to win. In a casino, there will be slot machines that accept coins of different sizes. So if you find a machine that is to heavy handed for you, just switch to a machine that accepts smaller coins.

Finally, know that all casinos offer different payout percentages. Obviously, a higher percentage payout will attract more players. Some casinos are known to offer as much as 90% payout (very attractive). So make sure you compare the payouts between different casinos before playing. judi slot online

Also, be sure to take advantage of the special sign up bonus that almost every casino is offering now. A bonus can range from a hundred pounds to a thousand pounds. That means when you deposit the first sum of money upon signing up, the casino matches your deposit by depositing the same amount to your account.