Tuesday, September 14, 2010

Macau Casino Revenue May Rise 40% to $2 Billion This Month, Macquarie Says

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Casino revenue in Macau, the world’s biggest gambling hub, may grow as much as 40 % this month to about $2 billion, according to Macquarie Securities Ltd.

Macau casino sales were HK$6 billion ($773 million) in the first 12 days of September, said Gary Pinge, Macquarie’s regional head for consumer and gaming research, in a note to clients today, citing unidentified people in the gambling industry. “If the market holds up for the remainder of September, it would represent 35 % to 40 % growth year on year,” he said.

Growth for the six casino operators in the former Portuguese colony is slowing because sales in the second half of last year were higher than in the first six months as the economy rebounded. Las Vegas Sands Corp., which derived 73 % of 2009 revenue from Macau, in June forecast growth of more than 30 % for the second half, slower than the 67 % expansion in the first six months.

Casinos in Macau, the only place in China where they’re legal, may almost match August’s performance this month, Pinge said. “Macau’s gaming market is showing little sign of sequential slowdown,” he said. “Even August showed strong month-on-month growth in VIP gaming volumes.”

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Monday, September 13, 2010

Churchill Downs To Acquire Mississippi Casino For $138M

Churchill Downs To Acquire Mississippi Casino For $138M
Churchill Downs Inc. (CHDN) has agreed to acquire Harlow's Casino Resort & Hotel in Mississippi for about $138 million as the horse-racing company continues to expand its business into casinos.

Harlow's, which started operations in 2007, is owned by Levine Leichtman Capital Partners Inc. and Oak Hill Advisors LP, as well as private investor Jess M. Ravich.

At that time, the project's price tag was put at $70 million. The 1930s-themed facility has a 33,000-square-foot casino, a 105-room hotel and an arena with 2,600 seats. Located near the Mississippi River, Harlow's had $50.4 million in revenue for the year ended July 31.

"The key determinants of our decision to acquire Harlow's were further strategic business and geographic diversification," said Churchill's President and Chief Executive Robert L. Evans. "With the acquisition of Harlow's, we continue our diversification strategy across our racing, gaming and online business units." The company also bought online horse-race handicapping and betting site Youbet.com Inc. for $126.8 million in November.

Thursday, September 9, 2010

Virgin Casino Launches a New Online Slot for Hip Hop Fans

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LONDON, UNITED KINGDOM--(Marketwire - Sept. 9, 2010) - Virgin Casino, part of the leading online gaming company – Virgin Games, has today announced the launch of Loaded, a brand new slot from leading online game developer, Microgaming. The game is full of features carried by an amusing contemporary theme in tune with the hip hop phenomenon and the lively, fun culture that goes with it.

Loaded is a 5 reel, 25 payline, multiple coin game with some brand new features. For instance, the Free Spin feature has a choice element through which players can select the number of free spins they want from the options of 12, 16 or 24, each with its own multiplier. The game has wild, scatter, free spin and gamble opportunities that can take players to a jackpot of 35,000.00 which can be boosted by the feature rewards to as high as 140,000.00, with plenty of fun and excitement on the way.

The hip hop theme is captured in amusing graphics with flashy boats, bling bling galore, limos, foxy ladies and cool dudes. Players should look out for the top rapper, Triple 7, who triggers the Wild symbol that can triple wins, or his Bling Bling Ring which is the scatter symbol - when it does not trigger the free spin feature it will award a scatter pay.

Wednesday, September 8, 2010

Play The Big Catch Only At Party Casino: Over $100K Being Given Away

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Online casino giants PartyCasino.com have launched a fantastic new promotion called The Big Catch, which gives its players two great ways to reel in the bucks.

How it works
Launched yesterday, only at Partycasino.com, The Big Catch is a leaderboard-based promotion which offers over $100,000 (£65k) in cash prizes, including the unique “pick-your-prize” game where fortune really does favour the brave.

Running from 7th - 21st September, collect points by playing on such PartyCasino.com jackpot slots as Snow Business. The more you play, the more you earn, the higher up the leaderboard you must progress, with the top 30 players winning a cash prize and the next 470 winning cash bonuses. End up on top of the pile and win $10,000 cash (£6,500).

Top 5
1st $10,000

2nd $7,500

3rd $6,000

4th $5,000

5th $4,000

(31st to 500th earns a cash bonus from $10 to $500)

Bravery rewarded in Pick-Your-Prize
For every designated points level you reach, you get to decide whether you want to take a cash bonus or carry on to the next level, in the hope of landing a bigger cash bonus. If you decide to go for the next level then you are instantly rewarded with extra promotion points to help in your goal, but if you fail to achieve the next points level total, you cannot go back to the original cash bonus offered. Courage and conviction is key. As always terms and conditions apply. Please see site for promotion details.

Tuesday, September 7, 2010

Free Slots And Big Casino Bonuses From Online Vegas Casino

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Online Vegas Casino have a jam-packed month of Slots action this September! As usual the tournament schedule is full of great ways to play, with over 113 different events and over $425,000 guaranteed in prize pools. There is a range of events to suit all tastes and pocket sizes, and Slots, Video Poker and Blackjack players can make the most of all this Vegas Technology powered online casino has to offer. With massive Casino Bonus deals and free slots waiting for all new players and an online gaming arena full of fabulous Las Vegas fun, Online Vegas Casino are just waiting to show you how good your game should always be!

Online Vegas Casino have a $8,888 guaranteed Slot tournament running every day from Monday to Friday. These events have a split prize pool, $4,444 in cash and $4,444 in bonus bucks and they have a surprisingly reasonable entry fee. For just $6.99 you get to enter and start the games off with 250 casino credits to spin those reels, then re-buys to keep you playing for a share of the prize pool are $6.99 too. The first event each week start on a Monday at 10.30pm and runs for 24 hours, the last one ending on a Friday at 10.30pm. The Slot games under the tournament spotlight this week are Ja Man, City Of Gold, Funky Chicken and Cash Caboose. It’s non-stop fast and furious Slots action every day this week, with a $8,888 guaranteed prize pool up for grabs for all players looking to spin those reels and have some fun. Just push the Calida Gaming button to see more of Online Vegas Casino’s $8,888 Guaranteed Tournaments.

Monday, September 6, 2010

King Solomons iPod offer

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Check out the exciting new promotion at King Solomons Casino this September. The popular online casino has dominated the online gaming space for over 12 years and has an exciting offer for their new players.

New players who register at King Solomons Casino in September will win a host of goodies that include a superb cash match bonus of 100%, an additional ten credits free and the chance to win an iPod Shuffle. All through the month, the online casino will give away a total of 50 iPods and you could be one of the lucky winners.

Register a Real Money account at the online casino and make a minimum deposit of £30 up to a maximum of £100 to get your 100% cash match bonus. 24 hours later, your account will be credited with an extra freebie of 10 credits. So if you make a deposit of 100 credits you will receive an extra 110 free! The top 50 players at King Solomons Casino who’ve wagered the most in September will receive an iPod Shuffle each.

Wednesday, September 1, 2010

The Lord of the Rings: The Fellowship of the Rings Slot Free Spins Offer

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2010’s biggest casino slot hit launched with free spins offer

To mark the biggest casino launch of 2010, Ladbrokescasino.com is offering players the chance to collect 1000 free spins on this epic online slot game.

For a limited period only, players can pick up five free spins to experience The Lord of the Rings TM online casino slot. 

And if that wasn’t enough, for just 10 days, players will also have the unmissable opportunity to collect a further 995 free spins – a staggering 1000 free spins in total.