Monthly Archives: April 2022

Protection From Online Casino Viruses and Hacks

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.

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 토토사이트 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.

 

Buying a Realme 2 Pro Mobile Online

Buying a Realme 2 Pro Mobile Online

The Realme brand has been making phones for almost two years now, and the Realme 2 Pro is no different. This budget phone has a very attractive design and good battery life. It also offers relatively fast charging. Despite the lack of micro-USB port and app drawer, the Realme 2 Pro has some great features. Let’s take a closer look at some of them. Here’s a rundown of its most important features. realme 2 pro

First, it runs on Android v8.1 (Oreo) OS and is powered by an Octa-core 2 GHz Cortex A53 processor. Its screen ratio is a great ninety-eight percent. It also includes a front camera and earpiece. The Realme 2 Pro also comes with a 3,500mAh battery. It has a 16MP rear camera with f/1.7 aperture, as well as a 16MP front-facing camera with a f/2.0 aperture. Finally, it runs Android 8.1 with ColorOS 5.2.

The Realme 2 Pro’s design is similar to that of the Realme 1. It sports a waterdrop notch on the front, an increased screen-to-body ratio, and a fingerprint sensor on the rear. The phone’s backplate is glossy, with a plastic surround and an earpiece jack. It weighs 174g. It is available exclusively on Flipkart, and will be available to buy from October 11.

While the camera performance on the Realme 2 Pro isn’t great, it’s still quite good. It has a 16MP rear camera with a 2MP depth sensor. The front camera is also a 16MP unit with a 150@ field of view. The two main cameras and a fisheye tool make the camera performance satisfactory for a mid-range phone. This smartphone is priced at Rs. 3,999 in India.

The Realme 2 Pro has a large 6.3-inch Full HD+ display with an aspect ratio of 19.5:9. The screen is surrounded by a thin bezel that reduces the ‘air gap’ in the front panel. The screen has a “dewdrop notch” in the top left corner and a 90.8-percent screen-to-body ratio. The phone’s design is one of its bigger selling points in this price range.

When compared to other budget smartphones, the Realme 2 Pro provides excellent value for money. This phone is priced around $300, which is less than half the price of Xiaomi’s Pocophone. Moreover, the rear glass of the Realme 2 Pro is made of a more luxurious material than the Pocophone’s. In addition, it also has less chin bezel and a smaller notch than the Pocophone. The front display is undoubtedly more attractive than the Pocophone, but its performance isn’t on par with the Xiaomi’s flagship.

The Realme 2 Pro offers an impressive array of features. While the Oppo color OS software is reminiscent of iOS, the Realme interface is robust and stable. The phone’s camera is a key feature. The rear camera has 16 MP resolution, and the front camera is 2MP. Both phones feature AI cameras. The back camera has a fingerprint sensor. Both phones run Colour OS 5.2 operating systems. A comparison between the two smartphones is recommended.

Hiring a Casino for Corporate Parties

Gambling is now a recognized element of popular culture, similar to recreational activities. It is just like attending films, athletic events as well as concerts or stage plays. In New Zealand, a large majority of Kiwis who gamble at New Zealand casinos do this as a form of relaxation with great reservations that it would have unfavorable implications.

Nevertheless, for some, gambling has stopped being as an amusement. They have turned it into something that they need to do instead of something they would like to do. Thus, it is necessary that even in gambling you need to establish your personal guidelines, whether you are playing in some Las Vegas or NZ casinos. Be sure to adhere to it, whether you win or loss at the casino gambling tables. sm카지노

 

  • A person who wishes to gamble needs to set his or her limitations as to how much money to spend on the casino tables. He or she must decide how often he or she would play.
  • Consider that the money you will spend to gamble is part of your budget for leisure and entertainment. Never gamble because you wanted to earn more money. Just spend your extra fund so that when you lose at the gambling tables you will not be greatly affected.
  • No one should feel compelled to gamble or pressure anyone because the decision to go to the casino and play is an individual decision.
  • Know your gambling limitations and most of all, be able to stop when you have reached the boundary that you have set. Be strong enough to resist the compulsion to continue gambling.
  • It’s not right and a big no-no to loan from friends, relatives or credit institution the money that you will spend at the casino games. Worst, you will risk yourself to plunge deeply into the debt quagmire if you promise to pay your loan with your gambling winnings.
  • Do not gamble when you are young and dependent on your parents’ support. Never make gambling as your source of income. Don’t gamble if you are putting to risk the welfare of your family, job, relationships, and health. Also, it is not good to gamble because you want to make up for your past losses.
  • Avoid going to the casino when your purpose is to cool your anger, recover from a stressful situation, or when you are lonely and coping with the loss of a loved one. Better learn card and magic tricks than to gamble because you wanted to impress somebody.

 

Well, there is no other gleeful place of entertainment than to be in a casino. All you need to do is join in the games and if you feel like just chilling out you may choose to stay in the lounge, or at the poolside bar or adjacent restaurant and enjoy the music while eating and drinking with friends. In whatever state your nights would bring you, always live by the guidelines as you gamble by in casinos of Las Vegas, Macao, or even at casino NZ

 

Progressive Slot Machines

Online casinos are taking the Internet by storm as people all over the world are discovering the perks of playing online casino games. Internet casinos offer everything you could hope for including amazing software versions of all of your favorite gambling games, convenience, a great social experience and the opportunity to make some money and have fun at the same time! https://www.sawan888.net/

Online casinos give you the opportunity to play a ll of your favorite gambling games including poker, blackjack, baccarat, roulette, craps and keno. You can even choose from hundreds of online slot machines and video poker games. Internet casinos offer amazing online casino software versions of virtually any casino game you can think of. Casino software is truly amazing-it is so realistic that you may even forget that you are not really in Vegas! Online gambling games are played by the same rules as the games you play in live casinos, just in the comfort of your own home!

Convenience is probably the most worthwhile part of playing online casino games. The next time you feel like spinning the slots or asking the blackjack dealer to hit you, you don’t have to book the next flight to Vegas. Simply get online and start playing! All you need is a computer and an Internet connection and all of your favorite casino games are right at your fingertips!

With Internet gambling you can also have a fantastic social experience. Gambling enthusiasts all over the world are gambling online and you can talk to them and even make lasting friendships! Multiplayer games like poker, blackjack and craps encourage players to interact with each other through live chat so you will have the opportunity to speak with people across the globe that you would never have the chance to meet under ordinary circumstances. It’s really incredible!

And we haven’t even gotten to the best part yet! When you play Internet casino games you can play for free, but you also have the opportunity to gamble with real money. As if playing all of your favorite casino games from the comfort of your own home wasn’t fun enough, now you can even make money in your spare time! There are even people who are professional online casino players and their entire income comes from playing casino games online!

If you would rather not play for money, free casino gaming has its benefits as well. When you play free games you have the chance to work on your strategy, perfecting your casino gaming skills. You will become more familiar with odds and learn what you have to do to win. Once you have become an online casino gaming expert you will be ready to play online for money and win big or even hit the jackpot on your next trip to Vegas!

If you haven’t already signed up for a casino online then do it today and see what all the hype is about! Online casino gaming is an amazing way to have fun and make the best of your spare time.

Top 3 Reasons to Play at Online Casinos Vs Land Based Casinos

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 slot gacor

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!