Post about "Casino"

Online Casinos Continue to Put Pressure on Brick and Mortar Casinos

Online casinos offer better value to gamblers than brick and mortar casinos. They do not have the overhead of a Las Vegas or Atlantic City casino and can therefore offer better odds and bigger bonuses. Traditional land based casinos attract visitors with glitzy hotels and fancy restaurants. In 1976 gambling was legalized in Atlantic City. Las Vegas casinos realized that they would need to do more to attract East Coast visitors than just offer casino gambling. This was the beginning of the Las Vegas Mega-Resort. The Mega-Resort caters to the entire family in order to become a vacation destination. It now costs an approximately $5 billion to buy the land and build a resort on the Las Vegas strip.In 1986, Foxwoods opened as a bingo hall on Indian land. Foxwoods added casino table games in 1992 and slot machines in 1993. Atlantic City was now in the same position as Las Vegas. They needed to offer more than just gambling. Atlantic City handled the problem the same way that Las Vegas did; they threw money at it. Foxwoods location attracted millions of visitors and they continued to grow throughout the 1990′s and the early 2000′s until a downturn in the economy forced states to loosen laws regarding casino gambling. Today Foxwoods is the largest casino in the world and their business is being stolen by smaller casinos. They have opened the MGM at Foxwoods in order to bring in top line entertainment. This again costs money.The next step in this cycle is online gambling. Online casinos are more convenient than any local casino, so no one is going to open up closer to the gambler. When an online casino is losing business they also throw money at the problem. Online casinos do this by offering bonuses to the player, not with white tigers in the lobby.Online casinos are run out of small offices with a limited number of employees. These offices are in small countries with legalized gambling and limited taxes. The casinos pay licensing fees for the software that they use. You would not be able to tell an online casino from a telemarketing office just by looking at it.
The low overhead allows internet casinos to offer “Better than Vegas” odds and bonuses on deposits. How often does a land based casino match your first deposit? The competition for new cyber gamblers is fierce and the bonuses continue to increase. The problem is that online gambling is not exactly legal in the United States. Why not? Because it is not taxed! This is where the problems start.The US Government has no interest in the individual gambler. They are trying to choke the money supply. The theory is that once there is no money to be made by offshore casinos they will go away. Then either gamblers will go back to traditionally taxed land based casinos or the taxing laws will change and the casinos that are paying tax will be allowed to open online casinos. Las Vegas has a new law that allows e-gambling in hotel rooms while several states are attempting to tax internet sales. Will this create the new “Atlantic City” for current online casinos? Will they figure out a new way of throwing money at the problem? The answer is yes and the cycle continues.

Why you might consider Fun Casino Hire

Fun Casino Hire is a great way to entertain guests at a party and make your event memorable.

A Casino party will not only add color to an event but also provide glitz, glamour, and entertainment that guests will never forget, be it for a wedding reception, birthday party, corporate event, bachelor party, or staff function.

Most people haven’t the first idea of how to play Casino games. Don’t despair, the croupiers will quickly explain the games, and the great news is, these Casino nights are just for fun, no actual money changes hands in a fun casino event so nobody will go home a loser at the end of the night.

A Fun Casino party can be hosted in your home (subject to space requirements), a function room or marquee, and most venues can be transformed within 30 minutes into a fully operational Fun Casino complete with professional equipment and croupiers.

Upon arrival at the Casino event, guests receive personalized fun money. (This can be personalized with company logos, photo of the newlyweds, or the person you are honoring with the celebration) The play money is exchanged at the gaming tables for playing chips. Guests compete against each other to see who can accumulate the most chips.

Fun casino games serve as icebreakers and get guests mingling with each other. These events usually enjoy a 90% (or higher) participation rate from the guests. From the time the guests arrive and the casino games start until the closing of the games, the guests are on their feet, moving from table to table, enjoying different games. Guests enjoy a level of interaction you will not achieve with other forms of entertainment.

There’s nothing like beating the banker in Blackjack or watching the ball drop into your winning number on an eye-catching roulette wheel, the thrill of the brightly colored heavy casino-grade chips as they move back and forth between the dealer and players, and means that there will be plenty to talk about long after the event.

Extra excitement can be added to your fun casino night by offering prizes to whoever has the most “Fun money” at the end of the night. Gifts or prizes can be allocated to the winners of each game. With the added incentive of prizes, the guests will play with more enthusiasm to see who is crowned the King or Queen of the Casino party.