Online Slot Machine News the latest and greatest

16Apr/11Off

Foxwoods Resort Casino’s March Revenue Witness Rise

CasinoFoxwoods Resort Casino’s March revenue augmented compared with a year ago. It reported its first slot machine gain of the year. For the month, Mohegan Sun faced declines in revenue.

March revenue rose 0.3 percent to $55.1 million at Foxwoods and MGM Grand at Foxwoods. Foxwoods reported that Total slots intake climb 0.8 percent to $655.8 million from a year ago. In “win” to $62.7 million, Mohegan Sun had a 1.6 percent decline while “handle” fell 1.2 percent to $776.9 million.

The Mashantucket Pequot Tribe, which owns Foxwoods, also reported today that to the state Division of Special Revenue, it forwarded $14.7 million of its slots. The Mohegan Tribe, which owns Mohegan Sun, made $16.1 million payment to the state.

Foxwoods President and CEO Scott Butera said that various inventiveness have been recently embarked upon them by the Foxwoods Resort Casino, which guarantees that our customers have the finest gaming experience conceivable.

A number of new slot machines were in recent times launched by Foxwoods, including “Star Wars Druid Hunt” and “The Godfather”. Slot machines can be enjoyed by the guests including Rock Around the Clock, Tarzan and Queen (based on the legendary rock band).

AC Coin & Slot have also entered into a contract with Foxwoods. A 30-day access to 120 new bonus games is allowed to Foxwoods after this contract. The bonus games include “Phat Cats”, “The Stray Cat Strut” and “Rock and Roll Legend”.

Foxwoods is going distant past cutting edge gaming technology for customer advantages. Resort casino’s popular customer loyalty program; receive $10 in free bonus slot play for new players who sign up for a Dream Card now through April 30.

29Mar/11Off

Canadian Lady Wins $165,900 Jackpot

At WinADayCasino.com, a Canadian online slots player has triumphed a $165,900 progressive jackpot. On the site, Sylvia M. is known as POWERBALL, won the massive jackpot playing the Tropical Treat slot machine.

Manager of the slots and video poker site, Michael Hilary said that on any of their online slots, the progressive jackpot could be won. He added that it has been played more than usual over the last few weeks, although since it has been the Game of the Month for March, it is not astounding that is where this latest jackpot was won.

As the Game of the Month, during March, every 500 spins on Tropical Treat receives one ticket in an arbitrary draw at the end of the month. A $250 bonus will be won my one lucky player, another will win $100 casino bonus, while a $50 bonus can be won by three lucky players each. For a vacation worth $2000, there will be a draw at the end of the year. However, POWERBALL, for her tropical treat, she will not have to hang around until then.

Sylvia M acknowledged that in her mind, she had a plan, when she made a decision to try her luck at Tropical Treat in between all the arbitrariness. She confided that for a couple of months, the jackpot has not been won and when it gets over $150,000 in every few weeks, one just knows that it is going to be won any minute. She added that she had a little slots tactic, by betting enough to qualify for the jackpot and during this time, it sure worked for her. Sylvia M was then able to make use of her experience and strategy to take down the $165,900 jackpot, with accuracy in her timing.

5Mar/11Off

Player from Rochester Wins $500,000 Jackpot

A Rochester woman, after a trip to the Seneca Niagara Casino & Hotel this past weekend is $500,000 wealthier. On Aristocrat’s Millioni$er penny slot machine, the player, Monica M., placed a maximum bet of $2 and her spin resulted in the jackpot bonus feature. On the video screen, she then preferred three coins and all turned over to reveal “Grand Jackpot” symbols.

Vice president of slot operations B.J. Martin said that in the history of Seneca Niagara Casino & Hotel, this is one of the biggest jackpots. He extended his heartfelt best wishes to her family to enjoy more of what life has to offer for her life-changing triumph. For the game, the $500,000 jackpot is the maximum amount and will be paid by Aristocrat Technologies, Inc.

With four different jackpot levels that can be generated arbitrarily during game play, Millioni$er is a Hyperlink progressive and sports a patented second-screen feature. Players prevailed jackpots more often, as the four-tiered progressives give Millioni$er, an elevated hit frequency. As an annuity over a 20-year basis, Millioni$er jackpots are paid out.

Aristocrat Technologies Inc. is one of the most important worldwide providers of gaming solutions and it is a subsidiary of Aristocrat Leisure Limited (ASX: ALL). The company products and services are offered in more than 90 countries around the world and it is accredited by more than 200 regulators.

The Seneca Niagara Casino & Hotel is situated near the Canadian border, just minutes from the world-renowned Niagara Falls in Western New York. The property is open 24 hours a day. With 4,000 slot machines and 100 table games, visitors can enjoy 147,000 square feet of gaming space, 10 restaurants, live entertainment and an AAA Four Diamond award-winning, 26-story hotel with 594 deluxe rooms, a spa and salon, fitness center and indoor pool.

16Feb/11Off

Casino Slot Revenues Hammered by Weather

Slot machine revenues at Connecticut's two Indian casinos fell in January, according to monthly results reported to the state. At Eastern Connecticut’s two casinos, slot machine revenue fell last month as record snowfall depressed business. Other local enterprises were also hurt by the storms.

Foxwoods Resort Casino and MGM Grand at Foxwoods reported slot machine revenue of $48.5 million for January, down 5.9 percent over the total for the same month in 2010. In the Uncasville section of Montville, slot revenues at Mohegan Sun were down 12 percent in January compared to January 2010. Slot revenues at Foxwoods in Mashantucket were down 6 percent. for the past five Januaries, both casinos have seen decreases in year-over-year revenues.

The property had increased its year-over-year slot revenue for four of the previous six months; therefore, the drop was particularly notable. When the casino had 2,000 fewer slot machines, its slot win of $48.5 million was the lowest for a January since 1997.

Foxwoods was convinced by the positive feedback from slot machine customers, which resulted in extending a ticket printing agreement with Hamden-based TransAct Technologies Inc. To all of the 1,100 slot machines at MGM Grand at Foxwoods, TransAct’s Epicentral system is being expanded from about 300 now.

Going from $5.2 million in December to $4.8 million in January, Foxwoods decreased its free slot play, usually a sign that business is stabilizing. Offering $5.7 million in free play for January compared with $3.4 million in December, Mohegan Sun went the other direction. Mohegan Sun gave away more slots play than Foxwoods and it was the first month in nearly a year.

During the month, Foxwoods operated 6,571 machines compared to Mohegan Sun's 6,372. For Mohegan Sun, the average was $276.11, while Foxwoods' machines averaged a daily win of $238.31.

9Feb/110

Revel Casino Project Back From Dead

The Wall Street Journal reported that the Revel casino project in Atlantic City, New Jersey, is close to raising $1.15 billion to help complete construction, putting it on track to open in 2012, citing unidentified people familiar with the matter.

The Journal said that Revel would get $850 million from a private placement that gives lenders a first-lien claim on the 1,100-room resort. According to the newspaper, in mezzanine financing, it would also obtain $300 million.

Revel is projected to contain 1,900 to 3,800 hotel rooms, 150,000 sq ft. of gaming space, 500,000 sq ft. of entertainment space. At 47 stories (710 ft), the hotel tower is the tallest structure in Atlantic City and the second tallest in the state of New Jersey. The property will house a 5,000-seat arena, 40 "upscale" retail shops and 20 restaurants. In the United States, the tower is also the second tallest casino tower.

Mr. Christie, a Republican who built a reputation on spending cuts, hopes to revitalize the economy by slashing the regulation. Christie also signed bills, which should result in a much larger sports betting industry that could rival that of Las Vegas and allow exchange betting in the state. An Atlantic City tourism district is being created by Christie, which is aimed at making the area more appealing to visitors.

The unfinished Revel Casino project is one of the casinos that will benefit the most from Christie’s actions. The credit markets dried up and Revel Entertainment Group ran out of funding for the project, in the height of the recession, which resulted in stalling the construction in January of 2009. In 2012, the casino resort was slated to open, but without the funding, completion of the casino no longer seemed a certainty.

Political leaders, who have anguished about Atlantic City's loss of its monopoly on East Coast gambling, get fresh hope after the project's resurrection since December. However, some analysts and operators fear that an already depressed gambling market will be cannibalized by resuming construction on Revel.

The outcome for Morgan Stanley will not change the outcome by infusion. The project was spear headed by Morgan Stanley and it wrote down nearly its entire $1.2 billion investment. The New York firm will cash out with a mere $30 million, as a part of the restructuring.

25Jan/11Off

Casino: Newcastle FC Owner Loses £1m in Gambling

Newcastle United football club owner Mike Ashley, in just a couple of hours gambling at a casino, blew up a staggering 1million pounds. Ashley and team manager Alan Pardew went on to lose a huge amount on craps, a game of dice, in a single session. Pardew had initially hit a winning streak and he scooped up 130,000 pounds. They were in the casino for just a couple of hours.

At around 2 a.m., forty seven-year-old Ashley embarked on his disastrous run, apparently losing the first 30,000 pounds in just 'about ten minutes'. At 4 a.m., both finally left and by that time, had lost 970,000 pounds. Ashley had a smile on his face while tipping the dealer 700 pounds and he didn't seem to be bothered at all by the loss.

A source claimed to the Sun that he covered the table with bets. He bet thousands at a time, tens of thousands sometimes. His gesture to tip the dealer 700 pounds was unusual as people usually only give a tip if they've won. He had lost 1 million pounds. With a game of 'spoof', Ashley had once apparently resolved a £200,000 legal bill.

Ashley is not the only celebrity to have been spotted trying their hand at gambling. Katy Perry and Russell Brand were recently seen playing blackjack. They were celebrating the birthday of Perry's grandmother. At the Planet Hollywood Resort and Casino in Las Vegas, couple was at a party put on for 90-year-old Ann Hudson.

12Jan/110

Casino: MGM Resorts International To Entice Customers

Casino operator MGM Resorts International, to entice customers is relaunching its gambling loyalty program with an 11-week sweepstakes, with potential rewards.

On Tuesday, the Las Vegas-based company launched M Life as part of a new company effort to better track the spending habits of its customers. On gambling, the program will track and reward spending and will do the same for non-gambling spending at company resorts later this year.

The sweepstakes include prizes including a Detroit Tigers baseball weekend at the MGM Grand in Detroit or a weekend stay at a suite at the Aria Resort & Casino, VIP ringside seats at a prizefight.

On the Las Vegas Strip, the introduction of the loyalty program competes with MGM's rivals, many of whom offer loyalty programs and players clubs, thanks to association with larger brands. Customers are currently allowed to earn loyalty points and redeem rewards at various hotels and retailers by the Venetian and Palazzo (both part of the InterContinental Hotels Group system) and the Cosmopolitan resort (part of Marriott's Autograph Collection). However, by introducing gaming and the casino into the mix, MGM Resorts' program goes beyond traditional hotel loyalty program.

The program will allow "players" to gamble their way to hotel benefits including free rooms and upgrades, pre-sale tickets to concerts and shows and VIP services. The program will have four tiers (Sapphire, Pearl, Gold and Platinum). To instantly redeem rewards, the Express Comps feature will enable guests to use their card anytime.

The company said that the rewards are also more personalized. For example, a guest might receive an offer for an upcoming Lady Gaga show, if he or she attends a Madonna concert. A concertgoer could receive an offer for the Country Music Awards, if he attended a Trace Atkins show

At a shareholders' meeting in June, MGM Resorts first announced its M Life program when the company changed its name from MGM Mirage. On the all-inclusive membership card in Las Vegas, the company is the latest to cash in. For more than a year, Caesars Entertainment’s Total Rewards program has been tracking nongaming spending.

3Jan/11Off

Cordish Cos. of Baltimore Permits Casino Building Construction

The Cordish Cos. of Baltimore, for building permits for phases one and two of the casino, can now apply. The State Highway Administration has raised concerns over the traffic and it wants improvements to key roads and intersections. A year from now, the first phase is expected to be completed, which is a multilevel parking garage adjacent to the casino.

While construction of the permanent casino is under way, this will include a live music venue and several restaurants, expected to be completed by late 2012. The Cordish officials plan to put 2,000 slot machines on the garage's first floor. The temporary casino in the first floor will be of an approximately eight-story parking garage. Joe Weinberg, Cordish's director of development said that they are on track for opening a first phase casino in 2011. The construction team is looking forward to commence construction shortly.

In a letter written by the chief of the SHA's engineering access permits division, Steven D. Foster to Traffic Concepts, the Gambrills firm stated that the SHA acknowledges the developer has stated they suggest concluding roadway improvements that may not be needed based on Anne Arundel County's Adequate Public Facilities ordinance. The Gambrills firm is the one who conducted the original traffic study for Cordish.

Earlier this year, Maryland had their first casino opened and casinos will be a big hit with Maryland residents, judging from the early revenue results. In terms of revenue, the Anne Arundel casino is expected to become the biggest casino in the state. 4,750 slot machines will be the part of the permanent casino.

In recent years, Maryland regulators have been busy handing out licenses for casinos. Gaming license was received by the Casino at Ocean Downs. For Maryland residents, the casino will be open just on time to start the new year. In 2011, the Ocean Downs casino will have just about an entire year of revenue.

In the Northeast, Maryland has moved quickly as have several other states when it comes to casino gambling. New York and Delaware have expanded their gaming industries, although Pennsylvania has made the biggest strides. Late this year, Maine saw their first casino opened. In the new session shortly after the new year, Massachusetts lawmakers are expected to take up the issue of casino resorts.

22Dec/100

Michigan Attorney General’s Office Sues Bay Mills Indian Com

In an effort to shut down a northern Michigan casino run by the Bay Mills Indian Community, the Michigan attorney general's office is suing.

A federal suit was filed by the state saying the casino in Vanderbilt is illegal because it is not on Indian land. Bought in the northern Lower Peninsula, it is on property Bay Mills, well south of its reservation in the Upper Peninsula.

Ordering to close the casino with roughly 40 slot machines, the state last week sent a letter to Bay Mills. With the state's analysis, Bay Mills officials disagree and they are keeping the casino open. To close the casino that opened in November, the suit seeks an injunction.

In a statement, Chairman Jeff Parker said that his tribe would not have opened the casino if it were not sure the Vanderbilt operation is legal. He said that to defend that position in court the tribe is prepared. With the casino remaining open despite orders to close, there was no word on the next move from the state.

In nearby Petoskey, the Little Traverse Bay Bands runs the Odawa Casino Resort. The tribe is supposed to share its casino revenues with the state, under a contract with Michigan. However, because of a breach of contract, Harrington says the tribe no longer has to do that. The Vanderbilt casino should have been shut down immediately when it opened last month, but Michigan did not have a process in place for doing so.

Harrington said he met with Bay Mills chairman Parker Friday to notify him of their plans, prior to filing the lawsuit asking for the sanction to close the Vanderbilt casino.

In the former Treetops Resort information center, Bay Mills opened its casino on Nov. 3, which it had purchased this summer on 45.6 acres of land. With a 1,400-square-foot expansion under way, the casino currently has 38 slot machines with plans to add additional slot machines when completed.

7Dec/10Off

Hollywood Casino Perryville Generated $7.6 million

Generating $7.6 million, or $168.64 daily per machine, Hollywood Casino Perryville's revenue moderated in November after a strong start.

Than October's take, the daily revenue last month is lower. During the first full month of operation, it averaged $245 daily per machine, announced the Maryland Lottery. With 1,500 machines, the Cecil County casino, which remains the state's sole slots parlor is generating higher-than-expected revenue.

Fueled by the excitement surrounding the opening, officials with the Perryville casino had cautioned that the higher revenue at the beginning would level off. In the industry, the fourth quarter is generally a slow period.

County Commissioner Rebecca Demmler said that there is some public misconception that the commissioners can use this money to spend any way they like, which is not true. She said that before she leaves office Dec. 13, she wants to set the record straight when three newly elected county commissioners are sworn-in. Demmler said that after hearing suggestions that the county use the slots revenue to lower taxes, came her response.

Director of Ball State University’s Center for Business and Economic Research, Michael Hicks said that before settling down to see typical earnings, casinos often see a “burst of activity”. He said that such a swift drop in revenue could be a big cause of concern. Hicks also said that there might be little the casino and the state lottery agency can do, if the revenues are continually disappointing.

He said that it is sad to say that the things they can do are very much out of their hands. Location makes the biggest effect, with one-armed bandits. There is not much to do to people through the door, if it is in a good location and brand-new. According to him, it has all the marketing in the world going right now, even though he thinks that marketing does help quite a lot.