news Archives - Keno Wizard https://kenowizard.com/tag/news/ The Ultimate Keno Destination for Odds, Tips & Tricks Fri, 10 May 2024 20:06:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/kenowizard.com/wp-content/uploads/2023/02/cropped-keno-wizard-icon.png?fit=32%2C32&ssl=1 news Archives - Keno Wizard https://kenowizard.com/tag/news/ 32 32 230792155 Real Money Slots Explained – Casino News Daily https://kenowizard.com/2024/05/10/real-money-slots-explained-casino-news-daily/ https://kenowizard.com/2024/05/10/real-money-slots-explained-casino-news-daily/#respond Fri, 10 May 2024 20:06:10 +0000 https://kenowizard.com/2024/05/10/real-money-slots-explained-casino-news-daily/ If you’re an avid online bettor, chances are that you hear about slots fairly frequently. They are the most popular online casino game played by new and experienced bettors, and you’ll find them on most betting websites worldwide. The demand for online slots is so great that even top software providers spend a lot of [...]

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If you’re an avid online bettor, chances are that you hear about slots fairly frequently. They are the most popular online casino game played by new and experienced bettors, and you’ll find them on most betting websites worldwide. The demand for online slots is so great that even top software providers spend a lot of their time creating these simple and exciting games. Before you start playing slots, however, it’s crucial to understand that there are two main types of this online casino game – demo and real money slots.

While demo slots serve as a form of recreation for online bettors, real money slots allow players to win money from online wagering. However, this is easier said than done. Are you interested in playing real money slots and don’t know how to go about it? This piece will break down what you need to know about these games.

What are real money slots?

As mentioned earlier, there are two types of online slots available to bettors – demo and real money slots. Both types are designed to thrill bettors with similar features and mechanics. However, you’d do well to note that demo slots are designed to ensure bettors can play their favorite titles without using money, while real money slots are the opposite. While demo slots offer the same features as their real money counterparts, they aren’t useful for anything more than practice or leisure gaming.

Real money slots are designed to offer online bettors a similar experience to what they’ll get when they visit physical betting venues. However, unlike slot machines that need to be physically accessed, real money slots can be played from anywhere, on your mobile device or PC. This popular casino game is available in different themes and styles from top-rated software providers, allowing players to choose from hundreds of well-designed titles.

Before you start staking, it’s crucial to ensure you’re playing a reliable title from a reputable software provider. If you bet on unregulated real money slots, you may end up losing a significant amount of money. So, always ensure you verify a game’s rating and reviews, and check the casino’s credentials to protect your interest.

How do real money slots work?

One of the most exciting things to note about real money slots is that they are relatively easy to play. All you have to do is set the amount you wish to bet, and click on spin to play each round. After clicking on spin, the symbols in the reels will rotate for a few seconds. Whether or not you win on real money slots is dependent on the final position of the symbols. So, be sure to read through the slot’s guide to understand its paylines and everything you need to win. In the same section, you’ll also find a paytable containing information about the payout assigned to each symbol.

When you play an online slot, you’ll discover several attractive symbols arranged in rows and columns. This row and column format is popularly known as reels. You should note here that the number of rows and columns (reels) in a real money slot has a significant effect on its paylines and additional bonuses. The different types of reels available to online bettors include 3×3, 4×3, 5×3, 5×4 etc.

How to win on real money slots

Slots are an incredibly popular online casino choice for new and experienced bettors because of how easy it is to win money from its titles. The final position of symbols on the reels after the spinning has stopped will determine whether or not you’ve won that round. Hence, it’s essential that you form a winning combination of symbols on the game’s paylines. However, the final value of your payout depends on the value and number of symbols that make up the winning combination. As mentioned earlier, you can study the paylines and paytable of an online slot in its help section.

If you are like most online bettors, you may wonder how online slots determine when a player wins or loses. You may also want to know if these real money slot results are under any form of undue influence. Well, the answer is quite simple – real money slots results are determined by a random number generator (RNG). Hence, these games are free from any third-party influence and there’s no way to predict the final position of symbols.

What do RTP and volatility mean in real money slots?

Every real money slot has a return to player (RTP) rate, which indicates how frequently the online slot machine pays bettors. To determine this value, the software is subject to millions of spins, after which the payout percentage is averaged.

On the other hand, volatility refers to how the game’s payout is distributed. If a real money slot has high volatility, it means players will enjoy significant wins that occur occasionally. However, a lower volatility rating means the players will only get small, frequent wins from that particular slot.

Conclusion

Any bettor looking for a good way to enjoy online betting should try their hand at real money slots. These games are designed to put you in control and make you feel like you’re controlling a physical slot machine. However, there’s plenty to learn about these online casino games before you can make money from them, so this piece should help you understand the main features of real money slots.

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Catena and The Sporting News Set to Boost North American and LatAm Presence https://kenowizard.com/2023/08/11/catena-and-the-sporting-news-set-to-boost-north-american-and-latam-presence/ https://kenowizard.com/2023/08/11/catena-and-the-sporting-news-set-to-boost-north-american-and-latam-presence/#respond Fri, 11 Aug 2023 00:21:27 +0000 https://kenowizard.com/2023/08/11/catena-and-the-sporting-news-set-to-boost-north-american-and-latam-presence/ Owing to a new partnership with The Sporting News, Catena is bringing home two important achievements – one the opportunity to further expand across North America as a whole, and two – a deeper reach into Latin American online betting and casino markets, owing to the new partner’s well-established footprint in both regions. This new [...]

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Owing to a new partnership with The Sporting News, Catena is bringing home two important achievements – one the opportunity to further expand across North America as a whole, and two – a deeper reach into Latin American online betting and casino markets, owing to the new partner’s well-established footprint in both regions. This new opportunity comes as Catena Media has recently completed a share buyback program strengthening its financial standing along the way.

Creating Value Added Editorial and Digital Content

The partnership will see The Sporting News and Catena Media create dedicated digital content produced by Catena Media’s seasoned team of experts who will comment on a range of topics, including fantasy sports, traditional sports, and online casinos. This content will be distributed throughout The Sporting News’ assets, such as websites, digital and social channels.

Catena Media will focus on both advertorial and editorial content that elevates the two partners’ respective brands and boosts awareness, delivering value to customers.

Although the primary focus of the partnership is on the United States, with the duo working on reaching sports fans across hockey, golf, tennis, college sports, basketball, football, and others, there will also be a significant focus put on Latin American countries – including Mexico, Argentina, and Brazil. Commenting on this opportunity, Catena Media VP North America Ryan Harper outlined the good that this alliance will bring for both brands:

The Sporting News is one of the oldest names in sports publishing in the US and we’re delighted to have them as a core media partner. Their close to 45 million unique users per month give us access to a large audience that will enable us to compete directly with some of the top sports publishing companies in the world.

Catena Media VP North America Ryan Harper

Both Companies Share Some Passion for Sports Internationally

The Sporting News COO Shaun Koiner has welcomed the partnership with a similar upbeat message. Koiner said that The Sporting News is a passionate publication about sports and that this tie-up with Catena Media made a lot of sense as both companies undertake to expand significantly in the regulated sports betting, fantasy, and gaming markets across the region.

“From day one, our objectives have been aligned and we’re incredibly excited to see where this can take us, not only in the US but also as we look to expand internationally,” Koiner concluded. Catena is all systems go in North America after the company divested its units in Australia and the United Kingdom, vowing to focus further on the dynamic market in the region instead.

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Three news items out of NJ https://kenowizard.com/2023/07/03/three-news-items-out-of-nj/ https://kenowizard.com/2023/07/03/three-news-items-out-of-nj/#respond Mon, 03 Jul 2023 09:45:57 +0000 https://kenowizard.com/2023/07/03/three-news-items-out-of-nj/ In news from Atlantic City, New Jersey we’ll explore a potential new 5-year authorization to continue online gambling at casinos located in the seaside resort city on the Jersey Shore. We’ll take a look at a 20-years-young casino that has consistently led the market in footfall and table-take, internet gaming, and innovation. And finally, we’ll [...]

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5_year_igaming_lease_on_life_borgata_turns_20_indoor_waterpark_delays_openingIn news from Atlantic City, New Jersey we’ll explore a potential new 5-year authorization to continue online gambling at casinos located in the seaside resort city on the Jersey Shore.

We’ll take a look at a 20-years-young casino that has consistently led the market in footfall and table-take, internet gaming, and innovation. And finally, we’ll check in on The Showboat, a former casino slated to become the world’s largest beachside indoor waterpark. Bill Blatstein’s Island Waterpark was slated to open 4th of July weekend but the opening was pushed back at least a week due to a delay in permits for the rides there.

Lawmakers Consider 5-Year Extension of Atlantic City iGaming

Nobody is quite sure why lawmakers in New Jersey recently shortened the time they are extending online gambling in the state from 10 years to only 5 years – cutting in half operators’ ability to secure long-term financing, establish profitable business plans, or borrow against potential future earnings to expand offerings.

The move was made by amendment without public debate or prior announcement last Tuesday. It cut initially cut the timeline to 2 years in what was seen by some as posturing to show who holds the purse strings when it comes time to decide who pays how much in taxes to the state. The current authorization is set to expire this year. No final vote has been held yet on the 2-year, five-year, or 10-year extension.

Internet gambling taxes are currently the highest among the three sectors at 15% while sportsbetting venues pay 13%, and in-person or brick-and-mortar casinos pay just 8% on the money they win from players.

Don Guardian, a former mayor of Atlantic City and current Assemblyman said, “We’re all trying to figure out what happened,” according to a report in the Associated Press.

A 10-year extension as originally provided for in the bill is ”crucial” to the casinos’ ongoing successful operations according to Mark Giannantonio, president of Resorts Casino as well as the Casino Association of New Jersey.

The reauthorization of the internet gaming bill for 10 years is vital to the continued success of the gaming industry in New Jersey and the programs that are supported by the taxes collected,” he said.

Assemblyman Guardian cautioned that the shortened time frame could devastate the metric of commercial gambling in the city where online operators lead the six states that currently offer regulated online casino gaming. Rhode Island lawmakers recently authorized online casino gambling but those casinos, to be operated by Bally’s and IGT, are not expected to come online until early 2024.

Guardian said, “No one is going to invest money in a company that has (a brand) if you only have two more years. Those things < establishing an online identity and recognition>cost money. This has been what’s helping keep Atlantic City alive.

Gamblers at Atlantic City’s online casinos have left over $6 billion in the virtual machines and on the tables since providers in the state started taking internet bets in November 2013. This, is according to the American Gaming Association, the national trade and lobbying organization that represents America’s comercial casino industry. The number is counted separately from New Jersey online sports betting operators’ revenues.

Online gaming revenues are credited with helping their land-based counterparts survive the Covid-19 shutdowns at the start of the world health emergency when physical doors were shut for more than a quarter of 2020. They also helped the books heal as many gamblers stayed away soon after the doors re-opened, wary of exposure.

Borgata Marks Two Decades as Game Changer

Twenty years ago, MGM Mirage and Boyd Gaming joined forces under the leadership of former Borgata CEO Bob Boughner and marshaled resources and a new commitment to the Marina District when others were pulling back or even pulling out – the extraordinary investments and follow-through on a commitment set the stage for the iconic hotel and casino to rise above the fray and start a winning streak that continues today. Even as losers and also-rans pulled out, the Borgata dug deeper and dug in to stay.

According to an article in the Press of Atlantic City: “In line with trends happening in Las Vegas, the Borgata Casino & Spa featured high-end design features in the hotel rooms, on the casino floor, and in its restaurants and nightclubs that were superior to what was available at the other casino hotels in Atlantic City at the time,” faculty director for Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism, School of Business, Jane Bokunewicz said.

According to Bokunewics, Borgata set a high bar and established itself as a top-tier destination on par with the better properties in Las Vegas and this either forced or inspired other operators to “keep up with the Joneses” in terms of quality which established Atlantic City as a premiere destination resort city.

The Borgata, as it was known then, after all, was designed to appeal to a luxury-minded segment of the potential customer base with sleek and modern room designs, upscale marble showers, celebrity chef restaurants, vaulted ceilings above the casino floor, and exciting bars and nightclubs. Some other operators were able to pull it off and others failed or gave up while others around them were making money from their investments.

More than 800 day-one employees and workers who moved up into management are still working there. Most were on hand over the weekend to take part in festivities as part f the resort’s summer=long “birthday bash” that included a 1,000-foot “light show” featuring 500 lighted drones.

Earlier, the property announced it had opened a new high-limit slots lounge as well as the unveiling of new luxury suites at the hotel.

Borgata Celebrates 20th Birthday
The Press of Atlantic City, July 1, 2023

Island Waterpark at Showboat Resort

World’s Biggest Indoor Beachside Waterpark Opening Delayed

Those who came to Atlantic City for 4th of July Weekend celebrations and expected to be among the first to visit Island Waterpark will go home disappointed in that respect unless they stick around until at least the following weekend beginning on July 7th.

Showboat developer Bart Blatstein is now saying that the 100,000-square-foot attraction will not open before then.

In a prepared statement, Blatstein said, “You only have one chance to make a first impression. This is the world’s largest indoor beachfront waterpark and a destination that will last many decades, so I want to ensure everything is perfect.

Multiple media reports are saying it was a delay in permits for some of the rides that caused the delay rather than some loose ends or aesthetics that weren’t ready yet.

New Jersey state Department of Community Affairs (DCA) spokeswoman Lisa Ryan said in a statement found at Press of Atlantic City: “The Island Waterpark at Showboat rides are currently in the approval process. DCA is working in cooperation with the waterpark owner to ensure the ride documentation submittal, review, and approval process is followed and completed.

Marty Small, Atlantic City’s Mayor noted that a few “technical issues” need to be cleared up.

We’d rather be a million percent sure,” Small said, according to the Philidelphia Inquirer. “The bottom line is, we’ve had dreams of a waterpark in the great city of Atlantic City fail multiple times. People doubted Bart Blatstein. The waterpark is beautiful.

According to digital literature and earlier media report, the $100 million Jersey Shore seaside attraction will feature three head-first slides; tube slides, a 1,000-square-foot surf simulator; a 6,500-square-foot lazy river; five waterslides for younger children at the park’s Slide Island, and a kid’s area called Kids Cove.

But it’s not all “kids’ stuff” at Island Waterpark. There will also be plenty for adults to do
“ After dark” including with six bars featuring craft beer, wine, and cocktails; Paradise Adult Island, a 10,000-square-foot entertainment and relaxation space overlooking the ocean and waterpark with live DJs; and Bliss Pool featuring a swim-up bar reserved for adults only.

Nor is the price easy on the wallet to visit this one-of-a-kind AC wonder with adult tickets (VIP) running $119 for all access and regular daytime entry costing $89. Those who visit between 4 p.m. and 8 p.m. can get a discount with a $69 entry ticket.

Source: Atlantic City indoor waterpark opening postponed over incomplete permits, Philly Voice, July 1, 2023

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