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The gambling revenue in the Las Vegas casino fell by 8.7% in the month of August, thereby ending at least three months of huge gains. Betting is believed to have declined to a figure as low as 496.9 million dollars on the strip, as stated by the Gaming Control Board of Nevada. Revenue is up by 5.2% for the initial few months of 2011 from one year earlier as Las Vegas stages a very bumpy recovery from two year drop in conventions and gambling.

Banks Aiming to Make Money from Promotional Offers
According to Greg McBride who is an analyst for the website bankrate  says that the promotional offers that are being made by the American banks encouraging debts to be taken by even the most creditworthy customers are a very inexpensive way of using the money of other people. The four largest lenders in the country including Bank of America and Wells Fargo are offering what is known as credit card balance transfer without any interest for a very limited time period. Such deals enable the customers to write checks to themselves, instead of paying off balance at other institutions. The banks are expecting to make a lot of money on these offers with late charges and fees.

Third Money National Gathering Event to be Held Today
The third Slow Money National Gathering event which occurs annually is opening today at the Fort Mason Center in San Francisco. This three day talkathon will focus on the investment of money in local food movements, thus bringing together progressive financiers, non profit groups, farmers and entrepreneurs. The topics at the breakout sessions will range from composting to microfinance.

The Spin Palace online casino has announced a new promotion for its players to enjoy. This special promotion is a special change in its original loyalty program.

The loyalty program is allowing players to get into a variety of different games on the site. The loyalty points that players have been able to get on the casino are normally doubled on certain games throughout the month and tripled on those games on Tuesdays and Thursdays. The format for this program has been altered.

Players are now able to earn double the loyalty points off of the casino on roulette and blackjack games from Mondays to Thursdays each week. Triple loyalty points are being offered on these games from Fridays to Sundays.

Different sets of games will also feature increased loyalty points on varying days. For example, double points will be used on progressive jackpot slots on Mondays and Tuesdays. Wednesdays will offer double points to players who enjoy any of the new games that were introduced at the casino in February.

The point of these offers is to ensure that the games can be more beneficial for all players. Players who earn more loyalty points over time will be eligible to get into higher loyalty tiers over time. Players who get into these tiers will be eligible to get into many different benefits. These include entry into special tournaments, promotional events with special prizes and full account management support.

The promotion is being offered by the Palace Group, the owner of the Spin Palace casino. The loyalty offer is also going to be used at the Mummy’s Gold casino. This is another of the casinos that the Palace Group works with. This casino uses the same loyalty structure. However, the rules at the Mummy’s Gold casino may be different from what will work at the Spin Palace.

The Casino Tropez online casino has introduced a large scale promotion to players in the month of March. The casino is offering a special bonus of a thousand free spins for games to all those who make deposits on the site. The special bonus is being used in honor of the upcoming St. Patrick’s Day holiday.

The casino is offering this as a special promotion to those who make their first deposits at the casino. This is not available for existing players. Also, people who get this bonus will earn it in conjunction with the standard welcome bonus that the online casino is already offering to customers.

A special promotional code will be required in order to get this bonus. This code will be offered by contacting the casino’s support desk after downloading the software and making a deposit. The support system will then send a user to the special promotional page for this limited time offer. The page will feature the bonus code that is required for getting the promotion to work.

One of the most notable points that Casino Tropez is looking to offer involves the flexibility of the thousand spin bonus on the site. A player who gets this bonus will be able to use it on all of the online slot games at the online casino. This is an especially popular feature because the casino has dozens of different slots in a variety of different forms for all players to enjoy.

The promotion is expected to last through the entire month of March. Also, the same play-through standards for the bonus are required as with the rest of the bonuses that are used at the site. More details on the special offer that is available right now can be found on the Casino Tropez website at casinotropez.com.

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The revenues that were received by the eighteen casinos in Louisiana were down in May. The riverboat casinos, race track casinos and downtown New Orleans casino received a combined total of $203.6 million in May. This is a decline of nearly ten percent from what the casinos received in May 2009.

The revenues that were received by the thirteen riverboat casinos in Louisiana went down by fifteen million dollars in value. This is a concern to the state in that these riverboat casinos dominate a majority of the revenues that casinos in the state handle.

The slumping economy is cited as a major reason as to why Louisiana casinos are losing revenues. However, the recent oil spill in the Gulf of Mexico has been found to be a major influencing factor. The concerns about the safety of the Gulf Coast and fears of what could happen in the event of a hurricane have impacted tourism in the state. This is causing the casinos in the state to end up losing money.

It is expected that the casinos in the state may end up losing more money for months to come unless the recent oil spill is fixed. The timetable for this is unknown.

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The chips that will be used at the table games in Pennsylvania casinos are ones that will feature unique materials that will work to keep them from being copied illegally. Each chip will feature an RFID reader. This Radio Frequency Identification technology will work to confirm that a chip is authentic and is not counterfeit. This is a technology that is similar to what is already used in Pennsylvania’s E-ZPass toll roll payment system.

Each table that these unique chips will be used on will feature a small antenna underneath its felt. This antenna will be used to confirm that the chips placed on it are real.

The table chips will work to monitor a player’s activity on a table game. This is so a person can receive proper casino rewards. This works to give rewards to players for table games like what they would be getting off of slots.

The cost per chip is $2.50. This is twice the value of the $1.25 that is spent for each chip. However, the Gaming Control Board is willing to pay this value as a means of ensuring that no counterfeit chips can be used at any table. This will work to keep all people at a casino table honest

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The President Casino off of the coast of the Mississippi River in St. Louis has officially closed down. The casino, which was supported to have closed on June 29, closed on June 23. The early closing came due to concerns about how the river was expected to flood for a few days. This flooding would have put the casino at risk of being shut down for a period of time.

The President, which was owned by Pinnacle Entertainment, was not doing very well with regards to its financial performance. The lack of profits in the casino and its failure to produce tax revenues for St. Louis hurt the casino’s chances to stay open.

The closing of the President is expected to create a massive level of interest among companies that are looking to get a new casino into the state. Missouri state law says that only thirteen casino licenses are allowed in the state and that all casinos must be on either the Mississippi or Missouri River. The closing of the President will leave the thirteenth license open.

It is not fully known as to what will happen to the site of the President. If a new casino comes to the St. Louis area to replace the President it will more than likely be somewhere else in the city. The site of the President has had to deal with occasional closures due to river flooding.

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The Aqueduct race track in Jamaica, New York could be getting slot machines added to its site in a casino thanks to three bidders who are interested in bringing a casino to the race track.

Two of the bidders are single entities. These are the Penn National Gaming and gentling New York LLC entities. The third bidder is a group of investors from Hard Rock Entertainment, Clairvest Group and SL Green Realty. There were originally six bidders in the project but two dropped out and Clairvest decided to join in a larger bid.

The New York Lottery is going to recommend one of these three bids to the state at some time before August 3.

This is not the first attempt to bring a casino onto the Aqueduct track. There have been some bids made on it in the past with some of them winning. However, the state has declined each bid in the past.

If the casino is ever built on the track it will feature more than four thousand video lottery terminals. A hotel and a series of restaurants will also be included here. It is estimated that the facility would generate more than a million dollars each day if it were to open.

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The Casino Club at the Greenbrier in White Sulphur Springs, West Virginia opened on Friday. The opening was used to help with beginning a new chapter for the Greenbrier, a resort that has been plagued by a bankruptcy and substantial layoffs in recent years. The resort is looking to use the Casino Club as a new way for the resort to become profitable and successful again.

The casino is located under the Greenbrier so that it will not distract from the natural beauty of the area that the resort is in. The entire casino cost about eighty million dollars to build and had been in its planning stages ever since 2008. This was the year when voters in West Virginia agreed to allow the casino to be built.

A black-tie event was held at the Greenbrier to celebrate its opening. A large variety of celebrities came out to celebrate the opening of the Casino Club. Among the big names that were there included Ben Affleck, Jennifer Gardner, Shaquille O’Neal and Jessica Simpson. A concert by Lionel Ritchie was also held at the club.

The Casino Club will only be open to overnight Greenbrier guests and members of the Greenbrier Golf and Tennis Club and the Greenbrier Sporting Club.

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The Suffolk Downs race track in East Boston, Massachusetts has announced its potential plans to build a casino and resort on its site. The owners of the horse racing track have announced that investors have lined up around $600 million in funds for the casino and resort hotel.

The casino is looking to apply for one of the new casino licenses that are expected to be made available in the commonwealth. Suffolk Downs may actually have an advantage because of its East Boston location. Massachusetts House Speaker Robert DeLeo has been noted as a strong supporter of casinos in Massachusetts and this proposed casino is in his district.

The proposed casino would be one of the largest of its kind in New England. It would feature up to five thousand slot machines and at least two hundred table games.

The resort hotel that would be built along the casino would feature around five hundred rooms. A series of shops and restaurants would be included along with a full-service restaurant.

Suffolk Downs’ proposal also includes services that relate to the actual racing track. These services would include a full renovation of the seating areas at the track for horse racing events.

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The amount of time needed to apply for a state-owned casino contract in the south-central section of Kansas is expected to be extended. The current deadline to apply for a contract through the Kansas Lottery Commission was originally going to be July 22. However, that date is expected to be extended to a later date.

The reason for this comes from how there has been no bidders for a casino in this section of Kansas. There have been a few people looking to get a contract in this section of the state but they have all pulled out. There have been no pending applications as of April.

The specific time for the extension has not been released as of yet. The date will be decided upon on July 14 during a meeting by the Commission in Topeka.

Kansas state law says that one state-owned casino can be featured in each of the four sections of the state that have been designated by the Kansas Lottery Commission. There are no casinos in the south-central section of the state. Two of the sections already have casinos. These include a casino in Dodge City and one being developed right outside of Kansas City near the Kansas Speedway.

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