Monthly Archives: April 2022

10g Nevada Jacks Casino Poker Chip Review

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 토토사이트  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 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 Vivo V17 Mobile Online

The Vivo V17 is a mid-range smartphone that comes with a 6.44-inch Super AMOLED display and an FHD+20:9 aspect ratio. It packs an in-display fingerprint scanner and offers a variety of scene settings. Its camera features include time-lapse mode, panorama, and portrait bokeh. There is also a low-brightness anti-flicker technology, which reduces screen flicker.

The Vivo V17 is powered by a Snapdragon 675 processor. This octa-core processor is made using a 7nm manufacturing process, and includes two high-performance cores and six efficient cores. The Adreno 618 GPU is responsible for graphics, and it’s paired with 8GB of RAM and 128GB of UFS 2.1 storage. It performs basic tasks smoothly, with a decent battery life. If you don’t plan to play games or do heavy work, the Vivo V17 may not be for you. vivo v17

The Vivo V17 Pro has a 6.44-inch Super AMOLED screen with a pixel density of 414. It has a fingerprint sensor, gyroscope, proximity sensor, and accelerometer, and runs Android Pie. A rear-facing camera on the Vivo V17 has a 48 MP sensor, while the front-facing camera has a 32 MP sensor. The Vivo V17’s battery is a Non-removable Li-Po 4500mAh.

The rear camera placement on the Vivo V17 Pro is different. Instead of being buried in the back, it’s positioned at the top. The camera module has a rectangular shape that adds to the overall design. Although the smartphone has four cameras, the rear panel is clean and the camera hole is small. In comparison to the Samsung Galaxy M40, the Vivo V17 Pro’s camera hole is much more visible and doesn’t look as cluttered as the one in the M40.

The Vivo V17 is a new phone from Chinese phone maker Vivo. It is the lesser-priced variant of the Vivo V17 Pro. It comes with a hole-punch design and packs in a 4,500mAh battery. The phone also has a rear quad camera with a 48MP primary shooter. The Vivo V17 is powered by a Qualcomm Snapdragon 675 SoC and costs Rs 21,990 in India.

While the Vivo V17’s UI is better than the Vivo V17 Pro, it still needs refinement and polish. While the smartphone offers a decent array of cameras, it is still an overpriced smartphone. In fact, it’s a mediocre phone. Its camera setup is above average, but not good enough to justify the price. But if you want a quality camera for a reasonable price, you’ll be happy with the Vivo V17.

History of Online Casinos

Gamblers have an alternative option to play their favorite casino games on Internet in addition to the traditional land-based casino. The feeling and playing experience can be totally different between these two versions of playing environment. Some players like to play at brick-and-mortar casino while others may take the advantages of online casinos. Let’s explore a few major advantages of playing at online casino that make many players choose it as their option to play their favorite casino games.

1. Play from Any Location Singapore online casino

With the available of online casinos, gamblers don’t need to travel all the way to the land-based casino just to enjoy the fun of playing their favorite casino games. You can play from anywhere you like, no more need to take off from job just to have fun at casino, no more need to take the hassle and waste the gas to travel all the way to casino just to play your favorite games. All you need is an internet connection to enable you to reach any online casino you like.

2. More Casino Choices

You can sit in front of your computer that is connected to Internet and reach any online casinos with a few finger clicks. There are far more online casinos than the land-based casinos in the world. You have more choices to select the casino you like to play and switch from one casino to another just to enjoy different playing environment offered by different online casinos.

3. Peaceful Playing Environment

You may get a better concentration at online playing environment. There is no noise and distraction from waitress offering you the drinks at regular basis, no yelling and laughing voice from other players and no disturbing sound from dealers collecting and distributing chips. You can play at a very peaceful playing environment at your own room and turn off the computer sound if you like.

4. Play Multiple Games Simultaneously

You can only play at one type of games at a time if you are playing at land-based casino. Whereas, online casino allows you to open up a few different games and play them simultaneously.

5. Easy Money Transaction

Most online casinos provide various banking methods to allow you make deposit and withdrawal easily. Comparing to the land-based casino, you need to carry cash along or withdraw cash at the ATM located at casino and after that you need to change the money into casino chips before you can play the games. Online casinos provide easy money transaction that automatically deposit money into your player’s account upon deposit and credit the winnings into your account every time you win. You can make request to withdraw the money safely into your credit card, bank account or any of your selected banking methods.

Summary

The above advantages are among the key reasons that make many gamblers choose to play their favorite casino games online.

The REAL Cause of Diabetes – Why Isn’t the Mainstream Media Reporting on This?

The real cause of diabetes is not what you may think. You have probably been programmed like everyone else to think that diabetes is caused by genetics, obesity, lack of exercise, eating sugar, and eating other carbs. However, I have an incredibly important fact to share with you that you may find shocking and will make you immediately question what the real cause of diabetes is. Type 2 diabetes did NOT exist before the 1920’s. Within one decade after arising out of nowhere, the number of type 2 diabetes cases (called insulin resistant diabetes then) went up 1000% and it has continued to increase by alarming rates. CISM Training Course in Dubai

So what went on in the 1920’s that caused the sudden appearance and rapid proliferation of type 2 diabetes? The answer is the introduction of a poison into our food supply. That poison was introduced with the advent of partially hydrogenated oils and fats. This included shortening (Crisco was the first on the market) and margarine as well as the appearance of other foods that contained partially hydrogenated oils to extend shelf life.

Scientists and health professionals were quite dismayed with the introduction of “artificial foods” as they often referred to them. The general populace did not readily accept these new “artificial foods” but the widespread poverty brought on by the Great Depression forced people to look for cheaper alternatives and the rationing of butter and other products on the homefront during World War 2 made these “artificial foods” reluctantly accepted. Unfortunately, the depression and the war also shifted the focus away from the potentially hazardous health effects that “artificial foods” may have been causing or we may have nipped this thing in the bud before it became so entrenched in our society and enpowered by big money.

We now know that partially hydrogenated oils and fats include artificially reconstructed molecules called trans fat. These are very rare in nature and they are poisonous to our bodies. Please notice I said poisonous, not just unhealthy. The chemical structure of trans fat are such that they get substituted in for the healthy fats in the approximately 70 trillion cell membranes that we have in our bodies. Trans fat molecules alter our cell membranes in such a way that our membranes have a difficult time transporting glucose to the inside. This is true even when there is a normal or even elevated amount of insulin in the blood stream. In other words, we create the conditions that we now call type 2 diabetes. We create type 2 diabetes with an artificial chemical that is poisonous to our bodies.

This is an incredibly important story. So, why hasn’t the mainstream media picked up on it. With more than 23 million diabetics in the United States alone and another 57 million with pre-diabetes, doesn’t this story deserve prominent news coverage? If not on the front page, shouldn’t every newspaper being running articles about it in their health and living sections? Shouldn’t the 24 hour a day cable news channels be talking about it non-stop? Shouldn’t network TV news shows be running special segments on it? Shouldn’t mainstream magazines feature articles on it? I believe the answer to these questions may lie in how the mainstream media is funded.

If you ever thought the mainstream media reports in a fair and unbiased way, you need to consider the fact that the meat and potatoes of their profit comes from their advertisers. It should be easy enough to figure out who their primary advertisers are. Flip through any popular magazine, read any major newspaper, and/or watch any channel on TV. What type of ads dominate?

From my experience, I see lots and lots of fast food ads, processed food ads, restaurant chain ads, snack ads, etc… In other words, I see many ads for products that contain trans fat and many ads for places that serve food that contains trans fat. How popular do you think a news story revealing that trans fat caused and continues to cause diabetes would be with these prominent advertisers? Would they pull their ads? Even if we ended all trans fat today, think about the potential class action litigation that could be possible if people really knew the truth.

I’m putting these facts out there because I think it is extremely important that people know the truth about what is causing diabetes. Very few people know the real cause of diabetes and they have no idea how to really reverse it or that it can be reversed.

10 Ways To Win A Slot Jackpot

The jangling of bells or coins hitting the metal trays of the casino slots thrills casino players. The flashing lights over machines beckoning gamblers forward or the announcement of a poker tournament can have the gambler thinking of placing a bet while they sit at work. The excitement of getting the weekly paycheck and making plans for the weekend has often whetted the appetite of gamblers to spend a little cash. Each online player will find at least one thing that thrills them when they go to a casino. The thrill of casinos has been around since the first gambling game. There is just something so exciting about trying to win money. https://www.sawan888.net/

The online casino industry has changed some of the thrills of casinos though. With the casinos online it is now possible to get the same thrill as the land casinos from the comfort of your home. We have examined some of the main reasons gamblers love the online casino world over land casinos.

In a land casino there are hundreds of people, drinks being handed out, and money to be made, but it requires an expense that many do not wish to have. By staying at home and visiting some of the best online casinos, gamblers are able to spend less and win more. Since the main thrill of gambling is to see that bankroll increase on a poker game, online casino slots, or at other games, going to a land casino is just not as lucrative.

Online casinos offer bonuses. These bonuses involve free money just for signing up at a particular online casino. Furthermore there are bonuses offered throughout the year for deposits, tournaments, and just little loyalty rewards. Land casinos cannot offer this amount of money to all their gamblers. Instead they stick with the top spenders.

Another thrill of the online casino world is the graphics. While slot machines may offer some pretty great times in a land casino they are nothing compared to what the online world has to offer. The online casino world is starting to offer 3D games, heightened graphics, and more of a social networking world than can be found anywhere else. In some casinos you walk in, look around at what you have to choose from, then go to a machine. In the online casino you can be anybody you want, dress in any clothing, and still feel as though you are in a land casino.

Parties at casinos can be fun, but what if those parties involved your friends and family? Isn’t it more fun to be with those you really care about? The online world offers online parties and tournaments to family and friends. These tournaments can take place in your home with a network of computers, or you can have the party long distance. If a friend cannot come to you, let the online world bring them to you. The thrill of casinos when they are online casinos is more than just winning money. It is how well you can network with those you love!

Free Casino Chips and Honest Online Casinos

Red Flush is a brand new online casino that makes a striking first impression with its crisp, no-nonsense interface, user-friendly site and none of the senseless, flashing marketing hype that sometimes makes an online casino seem off-putting.

Licensed by the Kahnawake Gaming Commission, Red Flush Casino accepts players from around the world and offers its software in English, Spanish, Italian, French and German. This online casino is powered by Microgaming and therefore offers a gaming experience that is as smooth as they come.

Software and Games
There are literally hundreds of games to choose from at Red Flush Casino, offering players one of the largest selections on the internet. There is an impressive selection of blackjack choices at the site, in addition to other favorite card and table games. Red Flush Casino boasts that there are more video poker variations on its site than at Vegas, and the range is certainly impressive.

There are so many slots options at Red Flush Casino – over 150 of them! – that players will never, ever get bored at this site. Anything – from classic three reel slots to the latest video slots with amazing bonus rounds – is found at Red Flush Casino.

For extra big wins, players can try their luck at the 21 Microgaming progressive jackpot games that offer some of the biggest prizes available in the industry.

As a Microgaming-powered site, it can only be expected that the software at Red Flush is superb, with crisp, realistic graphics, awesome sound features and other unique offerings to make gambling pure pleasure.

Bonuses and Promotions
Red Flush Casino offers first time players a generous match bonus that certainly makes it worth their while to open an account here. In addition, as a new site, the casino goes out of its way to offer unique bonuses not found at any other online casino. For example, the site will reward handsomely any new player who has ever won a significant progressive jackpot at any other site in the industry.

Players start to earn Red Rewards from their first bet and automatically become members of the Red Flush Casino Loyalty Club when they fund their online casino accounts. Comp points are exchangeable for casino credits and players can move up the four-tiered club to benefit from serious rewards!

Payment and Payouts
As an online casino with an international flair, Red Flush Casino accepts payment in a variety of different currencies, including Euros, US Dollars, British Pounds and more.

The casino accepts credit cards, as well as a host of alternative payment methods so that players should find banking at Red Flush both convenient and hassle-free. Winnings can be withdrawn in a similarly simple manner.

Security
Red Flush Casino uses the latest security to ensure that their players’ personal and financial information is always well guarded. 128-bit encryption means that all data is secure whenever it is transferred over the internet.

The site’s Random Number Generator is independently reviewed for fairness and the results are posted regularly on the site. This transparency policy is very important for players to see that they that getting the safest and fairest gambling environment possible.

Support situs slot gacor
Red Flush casino has put customer support at the top of the list of its priorities and this fact certainly shines through by the service it offers its players.

Support is available by toll free phone from a large number of destinations in the world, including the United States, Germany, Italy, France and Australia.

For those who are after live support, this is available through the live chat feature at the site, where friendly and knowledgeable staff are waiting around the clock to assist players.

Naturally, 24/7 email support is also available at Red Flush.

Red Flush Casino
Red Flush Casino has swept onto the market and is doing everything in its power to get players to try out its excellent products. This site has practically all that players could desire in a good online casino – winning software, good customer support, easy payment methods and a wide range of games. When all is said and done, Red Flush Casino seems to have hit on a winning combination that is sure to attract players from around the globe.

This information was accurate when it was written but can change without notice. Please be sure to confirm all information directly with the casino.