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Caesars Entertainment NJ Advisory Notice

Sunday December 8,2013 :  MOUNTAIN OUT OF A MOLEHILL?
 
Concerns over Caesar's "cannibalism" warning assuaged.
 
A standard stock exchange legal caveat made by a US gambling group launching in New Jersey's new online gambling market was seized upon and blown out of all proportion by the mainstream media this week, but has now been put into perspective.
 
Caesars Entertainment filed a standard advisory notice with the SEC advising:
 
“Online gaming may reduce customer visitation and spending in our traditional casinos in Nevada and New Jersey, which could have an adverse impact on our business and operations. Our Atlantic City properties may be further impacted because all casino games will be permitted online.”
 
Gary Thompson, a Caesars spokesman, put the advisory into perspective late in the week, explaining that it was standard procedure and was included among other possible risk factors to investors for purely legal reasons.
 
Other general and typical "risk factors" that the company was required to list included another economic downturn, a terrorist attack, or war, Thompson told the Associated Press news agency.
 
"While it's a legal requirement to include language such as this among potential risk factors, our experience has been that opening new channels to reach potential new customers and offer them the benefits of our Total Rewards program has not caused visitation declines," Thompson noted.
 
Land operators like Caesars are in a position to offer online punters a wider range of inducements and promotions than is typical in the industry, AP points out, advising that Atlantic City casinos have already been offering comps to new online players, such as free hotel rooms, meals or show tickets to get them to visit the brick-and-mortar operation as well.
 
The publication Atlantic City Insiders suggests that players can maximise their opportunities at earning casino comps by picking one casino and staying with it.



Gambling News :

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.

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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.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

122 Punta Cana Poker Classic prize packages - Twenty seven down — 95 more to go. We’re guaranteeing 122 Punta Cana Poker Classic prize packages and 27 are already spoken for. This Sunday night we’ve got 7 more on the line:

Huge Caribbean Hold’Em hit at Bovada Casino - A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.

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