Christoper Olson

Coconut Creek Casino pays $183,628 in Mega Bad Beat Poker Jackpot‏

Casino Industry, Gaming, Land Base Casinos No Responses »

Aug 182010

Pauline Medoff, a native of Delray Beach seemed to be having a string of hard luck on Wednesday when her opponent showed a straight flush to all of her four queens during a $2 gambling session in casino located at Florida.

Medoff thought she was on her way to winning after she got the four queens on at 10.50 in the morning of August 4while gambling at the Seminole Casino Coconut Creek.
Anyone in her shoes would have assumed being a winner already after getting an unlikely 4 queens at the same time but Robert P. had the straight flush to beat her in the game.
Pauline however realized it wasn’t such a bad day when she realized she had won $183,628 from the casino’s Mega Bad Beat Jackpot.

In the end Medoff, 88 received $91,814 for losing the game after receiving the four Queens while Robert P. was also awarded $55,089. After the two gamblers received the grand prizes, four other gamblers sitting at the same table also got awarded $9,181 each just for being present at that particular table.

The Mega Bad Beat Jackpot held by the Seminole Casino Coconut Creek has awarded an unbelievable $680,850 in prizes to gamblers from December. Jeffery Hook, VP of Seminole Gaming said the casino has given out $100,000 to a minimum of table of gamblers in the Mega Bad Beat Poker Jackpot.

The money for the jackpot is generated from the poker rooms of 6 Seminole casinos and now the prize money has been set back to $100,000.

Recent Developments in the Gaming Industry

Casino Industry, Gaming, Land Base Casinos No Responses »

Sep 292009

Online gaming industry taking a turn this year, where too?

Past few days were very exciting for the gaming industry, both the online gaming and traditional land based gaming.

On September 11th., Harras group, the US based gambling giant announced they have closed a contract with online casino operator 888 , to open their online casino activity for the UK market with the 888 platform. Executives who firmed this deal did not want to mention any numbers, but were talking about “millions of dollars”. Harras and Ceasers casinos will be involved in the online casino deal and they will be most probably branded under these names.

Yesterday, a supreme court at Lisbon , Portugal, has disagreed with BWin’s claim and decide that online sporting bet sites, should be legalized under government ownership, this is order to prevent fraud.

Looking at the bigger scope of the industry, we assume, the land base gaming companies and internet casinos will soon be merged into bilateral projects as each side has the means and power to bring a largest outcome of a mutual project than , each of the sides trying to take one another part of the cake.

Looking at the online gaming arena, legalities and legislation issues should be a very active role in the industry, up coming quarterly reports show a lot merges between operators, and larger deals between software providers and land based gaming tycoons.

Lower profits due to the global economy, and thus, a lower side at stock prices and profits, are the big “headache” of land based casino and sporting book companies, they too, are in the goal of getting themselves into the online arena , and as fast as possible.

Recently buyout of a Playtech owned firm by William Hill based in the UK, shows this trend in the global arena.

Fresh Bonuses Offered at Online Casinos

Casino Industry, Land Base Casinos, Online Casinos No Responses »

Sep 232009

During the last decade online casino become a big industry over the internet and the gambling arena split to online casino and offline casino. The big difference between this two similar products is the way winning numbers being generated for each casino game, it means that if in real life we hope the roulette ball will hit the number we choose, in online casino the random number generator will determine the winning number on each casino game.

It is the most significant component at online casino, the part that make online casino feels like a real base casino and also make the winning numbers random as much as possible to imitate the odds of the casino games at base casino in Las Vegas or any other casino gambling center.

Casino promotion is very strong field among the entire casino hotel in Las Vegas Atlantic City or any gambling resort in the United States. In most place it is a whole marketing department who in charge on the casino offers bonuses packages and more but online casino need to have an automatic system who know to calculate on real time the odd and the payout percentage in order to create online casino event or bonus, the best example for that is the slot machine online, in every casino online, there are more than few slots jackpot with a “progressive ticker” that counts the cumulative prize amount on real time, this part of the online casino connect only to the random number generator who responsible not just on drawing the winning numbers, it also calculates odds and payout, so everything need to be synchronize to one data base in order to keep entertain the casino players online with recent online casino bonuses promotions and events.

In general, the casino industry online and offline is a very fast moving industry, very competitive that need to recreate itself very often and make the customers happy with the most advanced and rewarding incentives that increase the casino experience to the maximum.