UAW Wants New Agreement

March 5th, 2009 admin Casinos 0

casino1The healthy businesses just keep getting worse, day by day, for Atlantic City (AC) casinos. Consequently, two of AC casinos are expected to be sold very soon though the current proprietors can be in for a battle just before the sales go on. The two casinos are Tropicana Casino and Resort, & Trump Marina Hotel Casino.

The United Auto Workers (UAW) is the representing dealers at the Tropicana Casino and Resort. It wants a new agreement for their workers. UAW understands what is happening financially, but till now they believe there is middle ground that can be reached in negotiations. A Tropicana dealer Ernestine Dawkins said “We know these are hard times for Tropicana and for all the casinos. We’re not asking for the moon. We just want a fair agreement, that’s why we voted for our union in the first place.” It is noted that Tropicana is not the only casino that the union is going after aggressively. The UAW has already won the right to have a re-vote. If they win, they will start negotiations with owners Trump Entertainment Resorts. On the other hand, Trump Marina Hotel Casino initially did not have to worry about the union.

The ironic part of the present situation is that both of the casino owners can be negotiating a contract for other companies. The casinos are now in the process of being sold and whatever deal is reached will be part of the sale. In the circumstances, the union has threatened to strike at Tropicana. Already dealers and slot technicians have authorized the strike. However, they have yet to act on it. An ongoing talks are continue in the hopes that any suitable agreement can be reached. So, the people are waiting to see how the conclusion comes.

RedKings.com Receives EU License

February 20th, 2009 admin Casinos 0

redkingspokerOnline poker room RedKings.com announced on this Tuesday that it has achieved a European Union operator’s license. It has been approved a ‘white-label’ poker license for the European Union following a contract with software supplier Ongame under its Gibraltar remote gambling certificate.

This license gives the assurance that RedKings’ and its affiliates and advertisers may lawfully activate within the EU and U.K. and may not be blacklisted by national gambling monopolies. Gibraltar authorities issued the certificate through a white-listing agreement brokered by RedKings’ network provider, Ongame. It is an important step for the online poker room; they are now stated to increase its marketing efforts across Europe as the license sanction it to advertise in the UK and make sure its player base of tax-free poker winnings in many European countries.

A statement from RedKings.com said,

In just two years, RedKings.com has already achieved meteoric growth and with this new ‘white-label’ poker license we anticipate a huge surge of business especially from the Scandinavian countries and the UK. it also said,

We are proud to have achieved the exacting standards that are required for a license of this kind.

According to the success steps RedKings.com announced that World Series of Poker bracelet winner Ivo ‘The Chessmaster’ Doney and Aussie Millions sensation Christian Heich have turn out to be the newest additions to its Team RedKings and will make their debut in Copenhagen.

Jerry Land, Live Events Manager for RedKings.com said,

It’s great to have good players wanting to join us in making RedKings.com one of the biggest poker rooms in the world.

After the successful steps of RedKings.com in EU, now it thinks that the new license would also allow it to focus on Denmark. It exposed that the huge majority of Danish poker players insist on this type of license and its new status would also agree to it to offer these customers its various tournaments and exciting promotions.

New Jersey Commission’s Website Show Comps

February 7th, 2009 admin Casinos 0

casinoWith the present situation Atlantic City (AC) casinos must feel as if the entire world is closing in on them. The reason is that each day more terrible news is delivered to those casinos. The end result of that horrible news can be the end of casino gambling. The recent week a new plan has been released in New Jersey by gaming regulators. According to the plan anybody will be able to see the comps that AC casinos have given out over the month. The Casino Control Commission’s Chairwoman Linda M. Kassekert, said “Providing this data in a timelier manner will increase transparency and allow analysts and the general public to better understand the gaming industry.”

More to the point, it is the opening year that the figures will be shown on the Commission’s website. But till 2008, casinos only had to report their promotional spending on per quarterly basis. The recent rules could lead to less comps from these casinos. This is the comps that have been usually used to lure in high roller gamblers. Those casinos have been able to mask much of the comps in the past. That time free hotel rooms with food are common for every gambler who spend handsome amount of money at the casinos. But at this time, with the economy in dire straights and world business recession, it will be very difficult for these casinos to show that they are giving so much away as claiming that they are losing money. Observer Nicholas Devereax said “If these casinos have to show all of their comps on a monthly basis it is certainly going to lead to the casinos cutting back on giving away free stuff.”  Now the casinos owners are thinking what will be their future business plan.

Lasseters Online Casino Is Now Closed

January 31st, 2009 admin Gambling News 0

lasseters_online_casinoIt is hard time all over the world, even for online casinos. One of the first online casinos to take bets on the Web, Lasseters Online, has come to an end. Lasseters Corporation said it was no longer taking bets on its three casino websites, Lasseters Online, AusVegas, and Lasseters Euro.

Lasseters Online Casino has decided to close its doors for good after 8 years of operation. People in the online casino say that the closing of this website has been a long time coming; however it is still a shame to see such a famous online casino close its doors.

One of the biggest thorns in the side of Lasseters online was the unlawful online gambling enforcement act passing. Lasseters insiders blame the managing committee of the online casino and the general vision for the casino itself. The corporation who did not take as hard of a hit by losing the United State’s players business are flourishing in the European markets. In 2007, the online casino took a $15.5 million hit in revenue losses and was not willing to take the rescue from Lasseters International.

The decision was made to turn down the rescue because the prospect of the company looked harsh. As a result, Lasseters is no longer competitive on the Web and is closing its doors.

Online Poker Tournaments

January 19th, 2009 admin Casinos 0

Online poker tournaments are fun way to spend an afternoon.  When you are playing poker, you may not know that you can play tournaments that are vastly different than playing cash games.  In cash games, you will sit at a table with a certain amount of money and once that money is gone or you have won the amount you want to win, you can stand up from the table and go do something else.  The blinds remain the same and you can play for as long as your money lasts or as long as you want to.  When playing tournaments, your strategy will have to be different as you will be playing only as long as your chips last.  Most tournaments are considered freeze outs, which means that you can not re buy for more chips.  There are re buy tournaments offered and you can choose to play those if you like having a second chance to make the money.  When playing a freeze out tournament, you will buy in for a small amount and be able to win a substantially higher amount if you are the first place finisher.

When playing poker en linea tournaments, and live poker tournaments like the World Series of Poker, you will be competing with a large field of players.  All players will be at tables that will have nine or ten people sitting at them.  The main goal is to get as many chips as possible and ultimately to have all the chips and win first place.  You do not need to win first place to get a cash reward however, you can still “cash” if you only finish “in the money”.  In the money means when the online poker room starts paying out finishers at a certain place in the tournament.  The blinds will increase at a set time, usually ever ten minutes so you need to play smart in order to accumulate enough chips to out last the blind increases.  This is the best strategy to finishing in the money and giving your self a chance at first place.

Online gambling is a lot of fun and it can even be profitable if you manage your funds properly. I like to start out my online casino sessions by playing a bit of slots, then I move on to blackjack.