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.

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.

The trick is to strike a happy medium in project configurations; which of course require less of a ‘seat-of-pants’ approach, and one that is more studied. A shameless plug for development consultants like ourselves.

Other Gaming Activities

Although there are no published detailed data of American Indian gaming revenues, anecdotal evidence appears to suggest that this segment has been as hard hit as the Commercial sector. The two Connecticut Indian gaming installations report slot revenue of $1.6 billion in 2008, representing a drop of about 7 percent, or almost $114 million, more than doubling the 3.5 percent drop from the year before. This market is apparently still reeling from the ripple-effect of a casino expansion in Rhode Island, and the opening of slot operations in New York and Pennsylvania.

The Arizona Department of Gaming reports that contributions based on a gaming revenue formula from the state’s 23 Indian gaming casinos, have been declining every quarter in 2008 compared to the previous year; decreasing .8 percent in the first quarter, 7.5 percent in the second quarter, 9.5 percent in the third quarter, and 16.1 percent in the fourth quarter. royal online

Some SEC reporting Indian gaming properties report similar decreases. Seneca Gaming, which operates three Class III casinos in upstate New York, reports that while calendar year 2008 showed an almost 2 percent growth rate in gaming revenues, there was an 8.7 percent decline in the third quarter and an almost 10 percent decline in the fourth quarter of 2008, com

Dealing With A Financial Crisis With Emergency Cash Loans

There is nothing you can do to stop emergencies from occurring in your life, but when they do, you can certainly take an emergency loan to deal with them right away. As the name suggests, emergency advance cash loans are instant cash loans designed to help you deal with all kinds of financial problems immediately and effectively. Emergency loans are easy to obtain if you have a steady job, decent income and a good credit record. This does not mean that those without a job or a good credit do not qualify for emergency cash loans.

Emergency advance loans for unemployed

It is particularly difficult for unemployed people to deal with a financial crisis. Things get worse if they happened to be the only earning member in the family and are now jobless. If you are presently unemployed and looking for ways to make ends meet with a loan, you should consider taking an emergency cash loan for unemployed. You can use emergency cash loans for varied expenses such as utility bills, credit card bills, medical expenses, car repair costs, home renovation cost, medical bills, and college fees. Being jobless, you are usually not eligible for long term loans. Urgent cash loans for unemployed can be availed both online and offline though online loans have become the order of the day. Owing to stiff competition among money lenders, you may get a good deal at low rates of interest. However, homework is critical if you want to avail of the cheapest emergency cash loan. In order to get an emergency loan, you should be eighteen years of age, and must hold a valid bank account. The processing time required for emergency loans for unemployed is relatively less. So, you can get funds in your account in just a few hours once the loan is approved.

Emergency loans for people with bad credit  payday no credit check

Have ever been denied of a loan due to your less than perfect credit score? Well, banks and financial companies usually avoid doing business with such customers. But the scenario has changed considerably in the past few years and now even people with bad credit qualify for all kinds of loans. So, whether its a CCJ, arrears, loan defaults, IVA, or bankruptcy, you can still get an emergency cash loan instantly. Loan defaults is one of the most common reasons why people end up with a bad credit score and for the same reason, banks avoid such borrowers too. To safeguard their money, they expect higher interest rates and do not allow you borrow large sums. However, if you are willing to place some asset as security, you can qualify for a bigger loan amount. Irrespective of the financial company you decide to borrow money from, make sure that you read the loan terms and conditions carefully before signing the dotted line. Urgent cash loans can be very useful if you intend to use them as a stop gap arrangement. If you have lost your job or are struggling with your credit score and need money urgently, apply for an emergency cash loan immediately.

How Advertising Agencies Can Make Winning Client Pitches

Making a pitch is an art and advertising agencies have to master the same if they want to get more clients and big business.

Advertising pitches are constituted of the basic proposals of any creative advertising agency with regard to marketing and promoting services and products. This usually contains campaign objectives and also puts up a forecasted picture of the expected results. These pitches are asked for by clients for choosing the best agency for their brand. The pitch should put forth the agency’s solutions for making use of the client’s budget in an effective manner for the best possible results. Agencies should arrange for meetings on a regular basis with brands that are looking for campaigns for their products.

Alongside, try to request the prospective client for ensuring that the entire selection team stays present at the meeting. Agencies should also carry all necessary equipment including laptops, projectors and other technological and necessary tools to these pitches. A full service ad agency should start off with an insightful glimpse of its credentials and experience and look to define why it is the best bet for the job at hand. The objectives for the campaign should be stated next along with the plan for meeting the campaign requirements.

A pitch should contain a profile of the target market for the brand campaign along with other market research information that may be necessary. The product preferences of target customers can also be detailed during the pitch in addition to demonstrating the uniqueness of the creative campaign proposed and the ways and means by which the client products will be differentiated from competitors. The creative proposals for the campaign should be outlined by the creative agency during a pitch. The creative team should provide a glimpse of the innovative campaign that they are looking at for the client. ppi affiliate

A good ad agency will also look for a unique aspect to the campaign which is at once out of the box yet aligned with the overall campaign targets of the brand in question. Alongside, research statistics and information make positive impressions on clients with regard to demonstrating the efficacy of any advertising strategy. The advertising agency should also present media and advertising proposals tailored to each and every format including outdoor, print, television, digital media and other mediums. The agency pitch should also contain an accurate budget for the advertising campaign including anticipated billings related to media, production and creative functions

Children Use Cooking Games And Online Games To Learn How To Cook

There are many different forms of cooking games on the Internet. The ones that really matters the most are the online games that are either extremely fun or educate us. It would be great if we could have both. Extreme fun and education would be the ultimate online games to play. There are even types of cooking games specifically designed for boys. These online games teach boys, guys, and men how to cook properly and easily. This can be a great experience for them before they go into cooking class in school or college. This can also be a huge benefit when cooking for their wives or their family. Their family will be thrilled that they have learned how to cook while having fun at the same time by playing an online game. Everyone is sure to get involved in the activity.

Games like these will cure your boredom and they can teach you the proper methods you need to take while cooking a family meal or just an Appetizing snack. The truth is that the majority of boys do not like to cook. The fact is they think that it is mainly for girls, this is not true. There are thousands of men who love to cook and they make the most incredible meals you have probably ever tasted. Men all around the world and famous chef alike are become famous for their cooking. You can bet your money on it that they will beat any of these online cooking games.

In the future, these games will get better and better and maybe the world will decide to teach children around the world the many subjects through games or even free online games. It would be an amazing day when you could go to school and play games all day. If there was a way to do this all of us would probably even be smarter. The truth is, when we learn while having fun we absorb a lot more information that we normally would. Educational games are becoming quite popular but at the moment, parents and teachers are only using them for their children to play in their spare time. สล็อต

If we could create games that are so advanced that they teach us entire subjects, while having fun. Kids would be a lot smart and would love learning a lot more. The fact is, some children hate learning, but that is because it is so boring. If this would be possible, it would be a genius idea to dream about. It is also possible that you will look back into the past and remember when you use to play cooking games and realize how much they have helped you. The fact is, these games will never die and will always be here to teach us how to cook amazing meals

Five Tips to Make Online Games Run Faster On Your Computer

With a high speed internet connection, online games are easily accessible and wide-ranging in choice. However, online gaming often comes with several different technology difficulties that aren’t so noticeable in the offline world. If an internet connection is poor or keeps dropping out this can cause a game to either run slow or not run at all, which can be seriously annoying for the gaming community. Thankfully, there are a variety of fixes that can be put in place to help speed up the performance of a computer for both simple and complex internet-based games, which can range from adjusting the internet connection to updating graphics cards or similar hardware.

Here are some of the steps that can be taken to attempt to avoid performance related issues while playing cool games online –

Internet Connection – when play internet-based games use a wired connection. A set-up using a physical cable to connect the laptop to the router means there is likelihood of signal interference or a downgrade in strength, which could bring a sudden and unexpected halt to a game.

Firewall Software – an overly sensitive firewall can interfere with online-based games. If you run a firewall program on your computer, turn it off or creating a specific exception while you’re playing a game to avoid this potential problem – and remember to switch the firewall back to its original settings after you have finished gaming.

Internet Browser – try a different web browser. If you’re playing browser-based games, the internet browser that is installed on your computer can often have a significant bearing on the performance level and how smoothly a game runs. Popular browsers include Chrome, Internet Explorer and Firefox – try an alternative to what is already on your computer to see if that makes any difference. slotxo

Other Applications – if playing online games it can greatly improve the performance of the computer if other applications or software programs that aren’t in use are closed-down. With multiple applications open the computer has to work harder, which can potentially slow the performance of games, especially those that use a lot of the computers memory resources.

Upgrade Hardware – consider updating or installing the latest graphics card to help with improving gameplay on the more graphic intensive games. A graphic card with high video RAM capabilities means a gaming experience will run faster and smoother. If the performance of the computer’s hardware is poor this can greatly contribute to some of the cool games online lagging, even with a high-performance internet connection

What Are Some of the Best Online Game Sites?

There are thousands of different games out there that you can play and enjoy. For anyone who is interested in getting started with some online gaming, it is going to be very worth it for them to take the time to learn about any new online game site that has come out. Also, it is wise to find the other best websites so that you can decide which is going to be right for you. Look for the type of games that you are interested in and would like to play.

Fortunately, there are a lot of different options that you have available to you when you are trying to find the best websites. These are a couple of the most popular gaming sites that you are definitely going to want to learn more about.

Addicting Games

Most online gamers have heard of Addicting Games before, because it is one of the most popular out there today. No matter what style of online gaming you enjoy, you are going to be able to find great games that you are sure to enjoy when you play here.

They are one of the best online game sites and there is a reason for that. They are one of the main sources of online fun that you can check out. joker

Free Online Games

Another option that you have for the best online game site is Free Online Games, where you can find all the different kinds of games that you want, and get to play them online, completely for free. This is the best part because then you are not going to have to worry about shelling out any money just to play the games that you love.

They are one of the best online game sites because you are going to be able to really enjoy yourself, whether you have hours available to play or just have five minutes during the day that you want to spend gaming and having a bit of fun.

 

Gaming Series: The World of Online Gaming

Online gaming has certainly become a new zone for gamers. All gamers stick to their PCs to alleviate their ranking and to prevail their authority as the best player. It also offers an interactive platform for players to enjoy games with their friends as they can play as a group. The important thing is to know the fact that all of us have been enjoying the facility and vicinity that has been offered by these types of games.

Online games tend to collect all our stress and set us into a trance that for a particular moment we forget all our pressure and enjoy life or a moment of life. Gaming which is done over the internet or over a network can be termed as this type of gaming. One of the major developments of online gaming came with the establishment of an interactive platform which is called flash. Flash has really helped the entire website to develop an ideal forum for games that can be downloaded smoothly and it doesn’t take huge amount of space which enables websites to host huge number of games and offer variety. pg slot

The flash games doesn’t take a lot a memory space, it can be downloaded smoothly even on a moderate bandwidth. Flash also provides rich graphics which looks very vibrant and attractive. On the other hand networking has also provided a huge platform that cannot be erased. Networking has offered a new bridge to the development of this type or gaming.

One cannot ignore the involvement of internet, bandwidth and social networking concepts which has evolved into an entertainment package. Coming to the games, world of war craft is one of the famous online games which have given a new territory, where anybody can claim their rule if they win or hold the highest ranking. Another game that has been here for a long time is Age of Empire

Free Football Betting Tips for Smarter Bets

Have you seen the results of the Football Betting Tipsters website, and can you really believe them? Did they really achieve those results with a scientific proven system that works consistently, or did they just get lucky? Many football punters would often become overconfident when they have achieved just 1 or 2 seasons of high profits, only to come crashing down in the subsequent seasons. UFABET

Before you join Football Betting Tipsters, you should first understand whether the soccer system that they use can reliably work in the future. Being a good tipster requires him or her to continually achieve high yields and not have to rely on luck.

1. What Do the Football Betting Tipsters Do For You?

They work to analyze data from football for their clients and provide reliable and objective deductions. Throughout the years, they have helped their clients achieve strike rates of more than 92%. So what type of data and information needs to be analyzed to draw reliable deductions to make money from soccer betting?

Football Betting Tipsters takes its data from reliable soccer websites and insiders in order to properly analyze any game. These are usually quantitative data such as number of attempts on goal, which can then be translated into verbal analysis, such as a strong attack or defense etc. These data, when compared with competitors’ information, can produce reliable conclusions about the result when the teams involved play again.

2. How Does the Football Betting Tipsters Service Benefit You?

With this service, I am no longer relying on luck and estimation to make money from my football bets now. I have access to reliable data and information that produces highly accurate forecasts of outcomes in soccer matches.

Prediction football is more of a science than an art. While a lot of people out there argue that football betting is won on factors like “gut feel”, “luck” and “experience”, the biggest winners that consistently make tons of money betting on football are still the ones who go about their “investments” in a scientific and systematic manner.

Sports books determine football handicaps and odds based on a number of data which they have collected over the years, therefore, while most people think that they can perfectly master the skill of prediction football just by understanding the sport itself, only a very small number of people who bet on football manage to win money consistently. As the saying goes, the ball is round, and there are factors in every game that can tilt the balance and the score line in an instant, so to regularly hit results perfectly in prediction football is certainly not possible.

So, how does the small percentage of big winners manage to win their football bets over and over?
The secret lies in their systematic approach to betting on football. These experts realize something that most people do not, and that is, prediction football do not need to be accurate to the extremes with match results, but all they need is a prediction football system to tell them whether their bets have a good enough opportunity to beat the sports books’ handicap.

The key to their success, is in the systems which they use to know which bets are worth placing. Some of these football betting systems deliver strike rates up to 80% over an entire season, and is still being refined. If you are serious about making money from football betting, then I say you join them and get yourself a profitable system right away.

 

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แทงสล็อตออนไลน์ยังไงให้มีผลกำไรรวมทั้งมั่นคง แม้กล่าวถึงความมมั่นคงทางด้านการเงินจะต้องชูให้ Pussy888thaiที่เปิดให้บริการมาอย่างนานแล้วก็มีนักเล่นนันในระบบมากยิ่งกว่าหลายแสนคน ซึ่งการเล่นส่วนมากให้กำเนิดผลกำไรมีต้นเหตุมาจาก การวางเป้าหมายการเล่นก่อนจะเล่น ดังเช่นว่า แม้เล่นเกมสล็อต ตั้งเป้าหมายว่าจำเป็นที่จะต้องเล่นกี่เกม สุดแท้แต่ละเกมที่ปรารถนานั้นวางเบ็โคนปิ้งไร จะค้ากำไรเยอะแค่ไหนต่อหนึ่งตา ซึ่งเป็นตัวแปรสำคัญสำหรับการกำหนดจุดมุ่งหมายเพื่อไปถึงเป้าหมายสำหรับการเล่น ซึ่งถ้าเกิดพวกเรามิได้กำหนดแผนการเล่นแล้วล่ะก็ แน่ๆว่าคุณจะไม่อาจจะรู้ได้ว่า ขณะนี้ตามข้างหลังเครดิตที่หายไปอยู่เยอะแค่ไหนแล้วก็จะต้องได้กำไรอีกเยอะแค่ไหนก็เลยจะเลิก ถ้าเกิดคุณไม่แน่ใจในยุทธวิธีของตนเอง ก็สามารถเข้ามาอ่านแนวทาง ได้ในหน้าบทความของเว็บพวกเรา ซึ่งบอกหมดไม่มีกั๊ก สำหรับกลเม็ดสำหรับในการเล่นเกมสล็อตออนไลน์เช่นไรให้ได้เงินมากมาย

Online Casinos to Win Progressive Jackpots

Playing in an online casino is a unique way to make money while enjoying the pleasures of gaming. Jackpots can be won with a click of a mouse.

Online casinos allow gamblers to try their luck in progressive jackpots with the help of internet. A progressive jackpot refers to jackpots whose values keep increasing with every game played. Some of the most popular progressive games are Millionaires Club, Monopoly, Deal or No Deal, etc. However, the winning payoff amount often varies with the different casinos online.

Online casinos have captured a substantial share of the gaming market. The feeling they give you is like one of real casino. Moreover, there are many of them online that offer hundreds of free casino games for those who would like to test the waters. These free casino games have no risk involved and you get an opportunity to get familiar with the casino rules.

The most popular progressive jackpot casino slots include Fruit Fiesta and Treasure Nile. Progressive jackpot slots offered by Microgaming are known to proffer the best casino slots. Microgaming is now a leading software development company that supplies exciting games to thousands of online casinos. Interested gamers can visit their site to get a list of the games available and the websites where they are to be played. Other software companies that give Microgaming a tough competition are Playtech software and Realtime Gaming.

There are two distinct set of rules on these gambles: one is European and the other is U.S.. Online casinos can be categorized into two groups: web-based and download-only casinos. Web based ones have to be supported by the browser for plug-ins like Java and Macromedia Flash. The latter can be handled without browser-support and are faster than the web-based casinos. You can sign up for a gaming site and get the advantage of customer support system they provide. These online progressive jackpots are fun to play and offer a huge chance to make money while enjoying the comforts of home. สมัคร 918kiss

Before you start playing, you can search for online casino reviews on casinos online to keep yourself informed about the different aspects of the casino you are considering. They function as your online casino guide to help you understand if the casino is to be trusted, if it is reputed, if it offers great deals or if the payout percentage is good. Thus once you decide on the best online casino that suit your needs, gaming becomes so much more entertaining.