Video Poker is one of the most popular casino games out there and is loved by many online players. In this review, players can find a general guide on how to play the game. Also, you’ll find a free strategy chart at the end of the article. [Read more…] about Curious About What Video Poker Is?
The Bright Side Of The Dark World Of Casino Gambling
The casino industry has a reputation for using devious and possibly dishonest tactics to get patrons to part with their hard-earned cash. Many mothers have long warned their children about the unrealistic promises made by casinos, and those who disobey them risk financial ruin. It can be risky to dance with the devil. However, the allure of wealth and indulgence is not the only factor contributing to casinos’ widespread popularity. [Read more…] about The Bright Side Of The Dark World Of Casino Gambling
How To Win More Playing KENO – Top 3 Tips and Tricks
Keno jackpots can be spectacular relative to the amount of your bet, but remember that this is a very basic chance-based game where winning depends more on luck than skill. So any tips that can help you play longer and win more often can make a big difference.
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Jackpot: Las Vegas Player Wins $12.1M on Megabucks Slot
The massive jackpot was won on Wednesday on a Megabucks Spitfire Multipliers Triple Red Hot 7s game, according to IGT Gaming. No details on the win were available—no word on how the lucky winner will spend the cash.
The win marks the fourth time a Megabucks machine paid out over $1M this year. It also was the second-largest Megabucks win in Nevada so far in 2023. It was the third million-dollar jackpot in the Las Vegas Valley, according to the Las Vegas Review-Journal.
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VEGAS MYTHS BUSTED: If Your ID is Expired, Your Jackpot is Forfeited
“Get me my money that I won!” she yells, pumping her fists and disturbing the players around her. Then a melodramatic voiceover worthy of the “in a world where” movie-trailer guy utters: “She won the jackpot, but expired ID equals no cash-out.” [Read more…] about VEGAS MYTHS BUSTED: If Your ID is Expired, Your Jackpot is Forfeited
How Casinos Make Monster Payouts To Winning Gamblers
Authored by Amanda Holiday via DolphinsTalk.com
Have you ever wondered how these crypto casinos manage when players strike it lucky at the online gambling sites? I mean, those huge jackpots on platforms we often hear about. [Read more…] about How Casinos Make Monster Payouts To Winning Gamblers
Slot Machine Stocks Inexpensive, M&A Could Perk Up, Says Analyst
Following the Global Gaming Expo (G23), which took place last week in Las Vegas, some sell-side analysts came away more constructive on various gaming equities, including slot machine stocks.
In a new report to clients, Stifel’s Jeffrey Stantial observed that shares of some slot machine manufacturers and select casino operators are trading “near trough multiples,” and mergers and acquisitions chatter was elevated at G2E. Amid limited signs of deteriorating demand, the analyst said his preferred slot machine stock ideas into the year-end are International Game Technology (NYSE: IGT) and small-cap name PlayAGS (NYSE: AGS).
Most slot managers we spoke with cited largely stable NTM purchasing intentions, barring a material pullback, though tailwinds from 2020/21 deferred capex are likely diminishing,” wrote Stantial. “Our 2024 estimates across the manufacturer group presume a ~MSD% pullback in the replacement cycle, which still feels reasonable based on supplier & customer tone throughout the show.”
Among other things, G2E is often the forum at which slot makers roll out new games for consideration by casino slot managers.
AGS, IGT Showed Well at G2E
Citing conversations with slot buyers at G2E, Stantial customers were broadly impressed by new offerings from the usual suspects, such as Aristocrat Leisure and Light & Wonder. Those companies, along with IGT, are the three-largest slot suppliers in North America.
PlayAGS was heralded by slot managers as among the most-improved firms in the category. There are tailwinds for gaming device manufacturers. Those include consumers remaining dedicated to casino visits, which provides operators with much-needed resiliency. Additionally, analysts believe supply chain pressures in the industry are easing.
Stantial said the stars could be aligning for slot machine stocks such as PlayAGS, which has room for growth, and IGT, which has stock-specific sparks.
“Putting it all together, forecasting NTM market share trends remains incredibly difficult with no clear share donor. As such, we tend to favor small suppliers with more material whitespace (AGS) or suppliers with idiosyncratic catalysts (IGT),” added the analyst.
M&A Could Spark Slot Machine Stocks
Consolidation in the slot machine sector could be poised to perk up in the months ahead. For now, many eyes are on IGT, which announced in June that it’s mulling strategic alternatives for its global gaming and PlayDigital units.
Likewise, Stantial said smaller rival Ainsworth proclaimed at G2E that it would be open to acquisitions and that it would be receptive to offers to be acquired. There was also chatter of iGaming and online sportsbook operators mulling deals to bring tech stacks in-house, and another familiar rumor popped up at the conference.
“Lastly, MGM management commentary on a panel indicated they feel the BetMGM JV structure may not be optimal long-term, which coupled with frustration from certain Entain shareholders, is likely to re-surface speculation regarding an MGM/Entain acquisition,” concluded Stantial.
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Rephrased by The Mystic Gambler
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