While one anonymous online slots fan is rejoicing, thousands of others were dejected to log onto their favorite onlne casino to see that the record jackpot at Beach Life slots had been hit over the weekend to the tune of $8,211,488. Beach Life had soared past its previous record high of $4.8 million (which was hit in July 2007) and cracked the $8 million mark for the first time before the jackpot was hit on Sunday, February 12. The winner’s details have yet to be revealed, including which casino powered by Playtech software they were playing at; popular casinos using the [ Read More ]
GamblingPlanet visitors will have the chance to cash in on an exclusive slots tournament running at Europa Casino from January 23-26, with €1,000 in free prizes handed out to the top finishers. Competing in the contest couldn’t be easier, as you simply have to sign up and deposit at Europa and then play any of its hundreds of slots games — including the Beach Life slots progressive with a jackpot of $7.2 million — and you’ll accumulate leaderboard points based on your play for the tournament standings. Leaderboard standings will be published and updated so you can see exactly where [ Read More ]
Casino revenues in November continued to slide for Atlantic City casinos, down 6% to continue a slump that goes back over 3 years for the 11 casinos in Atlantic City. Total revenue for November came in at $245 million, off 6% from what was taken in a year ago in November 2010. Only four of the 11 casinos reported a monthly increase versus last year, with Trump Plaza the biggest loser, off 32% as compared to 2010. Slot machine revenue (which is typically responsible for the bulk of revenues and profits for brick-and-mortar and online casinos alike) was down about [ Read More ]
online casino players at Europa Casino get to enjoy an early Christmas with a new promotion that awards cash bonuses each day in December all the way up to January 1. Europa Casino is offering daily casino bonuses that players can claim by making a deposit and collecting up to €25 free every single day beginning December 1. Simply visit the dedicated promotion page on the Europa site and click a different Christmas present under the tree each day. Each time you select a present a different bonus code will be revealed to you, with each code giving players a special [ Read More ]
The Genting Group’s planned $4 billion casino project in Miami — which is designed to be the world’s largest casino — is already running into opposition that could see it shrink in order to gain necessary approvals. Genting announced its planned project six months ago, which would include a 5,200 room resort hotel as well as 800,000 square feet of casino space — more than four times larger than anything in Las Vegas. Miami is looking to add up to three resort style casinos in the area, which are projected to produce as much as $6 billion in gambling revenues each [ Read More ]
The popular Beach Life progressive slots jackpot has not only reached a record high but it is now past the $5 million mark as well, offering players the chance to become a millionaire five times over with just one spin of the virtual reels. Slots fans at Europa Casino have been trying for months to take down the jackpot but so far it has proven elusive, with the progressive jackpot swelling to record proportions over the last 200 days since it was last hit. The previous record payout for Beach Life was two years ago when a $4,248,572 jackpot was [ Read More ]
The Beach Life progressive slots jackpot has passed the $4.5 million mark and is now in record territory and closing in on a $5 million jackpot. Slots fans at Europa Casino have been taking aim at Beach Life for months but to no avail, with the progessive jackpot growing into one of the largest online. The previous record payout for Beach Life was two years ago when one lucky players hit a $4,248,572 jackpot but the average jackpot win on the popular slots game is $1.8 million, so it’s now long overdue for a hit. Mega Moolah at All Slots Casino [ Read More ]
The Black Friday indictments sent reverberations across the online gambling world. It impacted the industry across the globe, not just in the United States. Since the indictment, the companies involved have come under more scrutiny and as a result, we have learned that Full Tilt Poker wasn’t engaging in the best business practices (to put it lightly). At worst, Full Tilt was running a Ponzi scheme to defraud its customers. At best, they mismanaged their funds and ran out of money to cover what is owed to players. In either case, the customers are kind of out of luck, unless [ Read More ]
The beautiful Caribbean island of Curacao is a top vacation destination. The country, which is part of the Kingdom of the Netherlands, is home to beautiful beaches and a thriving online gambling industry, though most of the island’s visitors don’t know about that side. An important group in the nation is CIGA, the Curacao Internet Gaming Association. CIGA is a trade group that focuses on creating fair and responsible trade guidelines for the industry, meeting the common interests of those in the market, and serving as an advocate for the gambling operators with the Curacao Gaming Commission. There are a [ Read More ]
The state of Pennsylvania continues to pull in huge sums from its 55% tax rate on slot machines, which is one of the highest tax rates for all US casinos. Since the first Pennsylvania casino opened in late 2006, the state has taken in almost $4.8 billion in taxes on slot revenue alone. Recent tax returns have been strong despite a struggling US economy, with $108.7 million collected from taxes on slots revenue in September 2011, up from $102.2 million in September 2010. With many gamblers crossing over other state lines to play in the newer Pennsylvania casinos, not all of the [ Read More ]
