No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Churchill Downs Pleased With 900$ million Purchase of Big Fish Games
Monday April 27,2015 : CHURCHILL DOWNS PLEASED WITH SOCIAL CASINO ACQUISITION
$4.4 billion globally will be spent on social casino games, says racing group.
Churchill Downs, the Kentucky racing group that has moved with the times to offer internet betting services and social gaming action, is reportedly pleased with the performance of its $900 million social casino acquisition Big Fish Games.
In an interview over the weekend with Kentucky.com, CEO Bill Carstanjen said that his company's existing online operations through Twin Spires and Luckity needed a complementary boost from "a much bigger platform, much broader scope," and that was achieved by entering the social gaming and casual mobile sectors.
"Luckity taught us that having a good game isn't enough," Carstanjen said. "We learned it's not enough to have one game. We need to have a portfolio, and the ability to produce and create efficiently, consistently, regularly. The ability to market and understand if marketing is working."
The decision was made to buy a company that could build and cross-promote all types of games, he said.
Big Fish was selected because it delivers around 450 mobile games in virtually every genre...with another 20 expected to launch this year.
Carstanjen told Kentucky.com that social casinos are a relatively new phenomenon, one that has burgeoned with the technology shift to smartphones and tablets.
"Free-to-play is a constantly changing, evolving, dynamic space," Carstanjen said. "In recent years, gamers have moved away from playing on PCs to mobile, and away from premium games that are paid for up front to those where they can improve their experience as they wish.
"And within that genre, there are constant changes going on with the types of games they want to play."
The Churchill Downs CEO said that the Gummy Drop game had been especially successful, rising steadily in the ranks of most popular social games and delivering growing revenue.
On a recent day, Gummy Drop was number nine in the App store's Top Grossing Apps, while Big Fish Casino was number six, he said.
Carstensen also noted the increased capacity to sell other products to more eyeballs that social gaming brings to the table.
"That's important to Big Fish because we can leverage the portfolio of customers and we constantly introduce to customers of one genre other types of games. And we've found pretty consistent success to doing that.
"Many (players) have very set preferences, but they like to look at new things, like to try new things. There's plenty of cross pollination that happens and that's a big advantage with Big Fish."
Adam Krejcik, a consultant with Eilers Research, told Kentucky.com that social casino gaming delivers very predictable revenue streams that have steadily increased, and that Big Fish is already biggest in terms of revenue.
"It will be the most valuable because it's also growing very nicely," he said. "It's profitable, and it's a recurring and predictable revenue stream as well. The social casino category, unlike lots of others, has retention and longevity because there's no start to finish to these games."
Krejchik observed that the Big Fish casino app has characteristics of social apps in that players upload pictures, chat, and play at certain hours just because other friends are present. He said that this popularity made for big numbers, from which even a small percentage converted to real-money action ensured success.
Another analyst, Joost van Dreunen of SuperDataResearch, explained Big Fish's success, attributing it to an above average ability to retain customers.
"People come back because something is there that appeals outside the game," he said. "What Big Fish does well is to funnel down the social layer. It makes playing the game just an excuse to be there."
While spending in social games in general is low - less than 2 percent will pay and the average they pay is about $20 - in the social casino games, that amount is two to three times more, with an average of around $60, Van Dreunen said.
Earlier this year Churchill Downs revealed that Big Fish generated Q4-2014 in-app payments up $23.9 million, or 33 percent y-o-y, so its first quarter 2015 earnings due out at the end of this (April) month are likely to make compelling industry reading.
Social casino gaming demographics are interesting: According to Krejcik, most are 40-50 years old, female, and with a very high overlap among people who play slots at casinos. Bingo games are similar, but table games and poker are more favoured by younger males.
Legalised online gambling proper in the United States will be a welcome bonus, Carstanjen opined in the Kentucky.com interview.
"The casual games, social casinos, are real markets, established markets, that are going to be around and strong areas of interest well into the future," he said. "If we get the additional opportunity to have real money franchises in the U.S., that's a bonus, and we'll be looking to harvest those types of opportunities as well."
In the meantime, social casino gaming is booming, and is described by the Churchill Downs chief executive as "...an extremely large market, and it's getting awful close to being as big as horse racing."
Kentucky.com reports that the comparison with horse racing may have a way to go yet. Last year, about $10.5 billion was wagered on horse racing in North America. Spending on social games in the U.S.A. alone in March was about $150 million, according to SuperDataResearch…and the market is growing by an estimated 20 percent a year globally.
However, the global mobile games market is estimated at $30 billion in 2015, rising to $40 billion by 2017.
"It's a big world and lot of people playing, and you have the whole world to find customers," Carstanjen said. "Add them all together and you get a pretty good business."
Gambling News :
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.