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Igaming Initiating Coverage 30 November 2017
iGaming Initiating Coverage 30 November 2017 Two Kings and a Prince Sector iGaming We initiate coverage of Evolution Gaming (Buy, target price SEK 800), NetEnt (Buy, target price SEK 70) and Kambi (Buy, target price SEK 97) as we see various growth opportunities and in most cases margins scaling. Evolution Gaming is the market leader in its niche of live casino and we believe the market has not yet fully realised its longer term growth and margin opportunities. NetEnt is the leader in slots but growth rates are coming down (so have valuations) after some fantastic years and we foresee continued high quality, innovative content from the company. Kambi (sportsbook) has been struggling to scale on its opex but we really believe the trend has turned and that growth and margins will trend upwards from now on. Evolution Gaming – The King of Live – Buy, target price SEK 800 Over the period 2017-2020E we expect Evolution Gaming to remain the market leader within the European live casino market as it constantly aims to improve its already highly appreciated live casino product to widen the gap with the competition even further and thereby capture a larger share of the growth that is expected to come. NetEnt – The King of slots – Buy, target price SEK 70 We expect NetEnt to continue to dominate slot games, but with competitors' live casino products taking market share from slots, increased tax pressure and "everyone" already a client, we expect fading revenue growth, although scaling effects on opex will see EBITDA margins trend upwards somewhat. We expect NetEnt to report a sales CAGR for 2017-2020E of 11.5% and an EBIT CAGR of 11.8%, and after the recent share price decline, we still see some upside although we cannot argue for multiples in line with historical valuations as Analysts growth is slowing. -
Asian Americans and Problem Gambling by Michael Liao, MSW; NICOS Chinese Health Coalition
Asian Americans and Problem Gambling By Michael Liao, MSW; NICOS Chinese Health Coalition INTRODUCTION ASIAN AMERICANS & GAMBLING Asian Americans are a diverse group. The U.S. Census Types of Gambling defines an Asian person as having origins in countries It was been noted that types of gambling preferred of the Far East, Southeast Asia, or the Indian varies among ethnic groups. Even among various subcontinent including, for example, Cambodia, China, Asian American sub‐groups, there may be differences India, Japan, Korea, Malaysia, Pakistan, the Philippine in game preference. For example, several studies Islands, Thailand, and Vietnam.1 According to the have noted that casinos games such as black jack, Asian Pacific Islander Health Forum, Asian and Pacific roulette, baccarat, and Pai Gow poker are favored by Islanders originate from over 50 countries and speak some Asian ethnic groups including Vietnamese, over 100 difference languages and major dialects.2 It Chinese, and Koreans.3, 4 Some theorize that this is difficult to pin‐point a universal Asian American preference for casino games may be related to the “culture” amidst a kaleidoscope of diverse experiences long historical practice of using cards and dice for and cultures. However, despite the wealth of diversity, wagers. In today’s society, the significant Asian Asian Americans do share some commonalities – such presence in the glitzy world of poker tournaments, as traditional values of collectivism and the where many of the top players are of Asian descent, is importance of the extended familial networks. More fairly well‐known.5 Other games favored by Asians recently, there has also been increased awareness of include machine games such as slot machines and something that many members of the Asian American video lottery terminals. -
Mike's Cardroom
Pai Gow Poker with Wrangler Push and Outlaw 9 High or Better Bonus Bet Type of Game The game of Pai Gow Poker with Wrangler Push and Outlaw 9 High or Better Bonus Bet utilizes a player-dealer position and is a California game. The player-dealer shall collect all losing wagers, pay all winning wagrs, and may not win or lose more than the original amount wagered. Once the player-dealer’s wager has been exhausted, the wagers not covered by the player-dealer shall be returned to the respective players. The player-dealer may only ‘bank” the hand (including bonus bets) for two consecutive rounds of play before it is offered in a clockwise fashion around the gaming table. The gambling enterprise does not participate in the actual play of the game and has no interest in the outcome of the play. Object and Summary of the Game This game uses the traditional Pai Gow Poker game and adds two bonus bets, Wrangler Push Bonus Bet and Outlaw 9 High or Better Bonus Bet. The bonus bets have to be placed prior to the hands being played. A player has the option to place a Wrangler Push wager and the wager will win when the player’s hand and the player-dealer’s hand push. This Wrangler Push Bet pays 1:1 except when there is a pair of 3’s or higher, then it will pay 2:1. In addition, a player has the option to place an Outlaw 9 High or Better Bonus Bet wager and the wager will win when the wagered hand of seven cards consists of an Ace high or lower. -
Table Game Progressives
TABLE GAME PROGRESSIVES JACK Cleveland is excited to offer Table Games Progressive Wagers. These progressives can be found at our Blackjack, Pai Gow, Three Card Poker, Four Card Poker, Ultimate Texas Hold’em, Let It Ride and Mississippi Stud tables. See below for additional information regarding these progressives: Blazing 7’s Progressive (Blackjack) The Blazing 7’s Progressive is an optional $5 side bet for blackjack. Players must make a standard blackjack bet in order to make a Blazing 7’s progressive bet. This bet considers both the player’s initial two cards and the dealer’s up card. If the player does not have at least one 7 in the player’s initial two cards, the progressive bet will lose. If the player’s initial two cards contain at least one 7, the player’s Blazing 7’s Progressive side wager is paid according to the following payable: Hand Payouts Three 7's – Same Suit 100% Three 7's – Same Color 10% Three 7's $1,000.00 First 2 Cards (Player’s) – Two 7's $125.00 First 2 Cards (Player’s) – One 7 $10.00 *Original Wager is NOT Returned *Note: The Two 7’s payout is based only upon the player’s first two cards. Fortune Pai Gow Progressive The Fortune Pai Gow Progressive is an optional $1 side bet for Pai Gow Poker. Players must make a standard Pai Gow bet in order to make a Fortune Pai Gow Progressive bet. The bet considers the best hand possible among all the player’s cards. If the player has a hand that contains a qualifying winning Fortune Pai Gow Progressive wager, the wager will be paid according to the following payable: Hand Payouts 7 Card Straight Flush 100% 5 Aces 10% Royal Flush $500.00 Straight Flush $100.00 Four of a Kind $75.00 Full House $4.00 *Original Wager is NOT Returned *Note: The Joker is used to complete a Straight, Flush and Straight Flush; Otherwise the Joker substitutes for an Ace. -
CMS.608 / CMS.864 Game Design Spring 2008
MIT OpenCourseWare http://ocw.mit.edu CMS.608 / CMS.864 Game Design Spring 2008 For information about citing these materials or our Terms of Use, visit: http://ocw.mit.edu/terms. Neil Dowgun CMS.608 3/17/08 The Creation of “Churchill Choice” Over the past decade, poker has captured a huge audience in America. It has become so popular that it has infiltrated both the internet and television, establishing itself in our shared consciousness. I waded into the internet, expecting to find an infinite variety of home-grown games, but there was a surprisingly large amount of overlap in variations that I found. Apparently, there are many, many games of poker that are commonly played, but most of them can be described as variations of a few basic forms, only with extra mechanics introduced. These basic forms are Draw Poker, Stud Poker, Shared Card Poker, and games of the Guts (Match Pot) family.1 Of these, Shared Card Poker has become the most popular recently, due to the televised World Series of Poker featuring Texas Hold’em, which is a Shared Card game. Because of this, I wanted to create a new Shared Card game that employs a new mechanic, but one that stays true to all the qualities that have made Texas Hold’em and the other forms of poker so fascinating to the populace. Each and every variation of poker is based upon a common foundation that allows players to easily pick up new games with a general understanding of how they are going to play out. -
Illinois Gaming Board
ILLINOIS GAMING BOARD Monthly Riverboat Casino Report December, 2011 Adjusted Gross Tax Allocations (000's) Receipts (AGR) Casino AGR Per AGR Per Adm Tax + Wagering Tax Docksite (000's) Square Feet Admissions Square Foot Admission State Share Local Share Alton $5,575 23,000 71,370 $242 $78 $1,397 $350 East Peoria $9,036 26,116 98,625 $346 $92 $3,134 $550 Rock Island $6,855 42,000 102,742 $163 $67 $1,988 $446 Joliet - Hollywood $10,414 50,000 104,828 $208 $99 $3,594 $626 Metropolis $8,720 30,985 68,838 $281 $127 $2,536 $505 Joliet - Harrah's $18,648 39,000 149,080 $478 $125 $8,690 $1,081 Aurora $12,979 41,384 117,243 $314 $111 $5,426 $766 E St Louis $11,165 40,000 164,034 $279 $68 $3,957 $722 Elgin $18,973 29,850 147,721 $636 $128 $8,833 $1,096 Des Plaines $32,998 43,687 308,767 $755 $107 $13,403 $1,959 Totals $135,364 366,022 1,333,248 $370 $102 $52,957 $8,101 NOTE: - On August 23, 2005 new admission tax rates became effective. - Local Share = $1 of the admission tax plus a portion of the wagering tax equal to 5% of the AGR - State Share = the balance of the admission and wagering taxes. Adjusted Gross Receipts Summary Admissions Summary $35 350 NOTE: M $30 T 300 I H Due to the initiation of dockside gambling on L $25 O 250 L U June 26, 1999, the admissions graph is under $20 200 I S development to provide more accurate graphical 150 O $15 A comparisons to historical data. -
MISSISSIPPI STUD Mississippi Stud® Is a Five-Card Poker Game That Lets You Bet up to 10 Units on a Single Hand
MISSISSIPPI STUD Mississippi Stud® is a five-card poker game that lets you bet up to 10 units on a single hand. In Mississippi Stud, you compete against a paytable, not against the dealer, and you win if your hand is a pair of jacks or better. The top payout is 500 to 1 for a royal flush-and it pays on all bets! It also features an optional 3 Card Bonus side bet. GETTING STARTED Make an ante bet to receive your first two cards. The dealer will place three community cards face down in the middle of the layout. PLAY OR FOLD At this point, you may either fold or make the 3rd Street bet of 1x-3x your ante. The dealer then reveals the first community card. Once you see the first community card, you have a choice: fold or make the 4th Street bet of 1x-3x your ante. The dealer then reveals the second community card. Once again, you can fold or stay in the game by making the 5th Street bet from 1x-3x your ante. Note: When you fold, you forfeit your ante and any additional main game bets placed. The Three Card Bonus bet remains in action until the three community cards are exposed. WINNING & LOSING After the dealer turns over the final community card, he resolves all wagers left in action. You win if your five-card hand is a pair of jacks or better (Pairs of 6s-10s push). See paytable for odds. THREE CARD BONUS (OPTIONAL SIDE BET) You may make the optional Three Card Bonus bet in addition to your standard Mississippi Stud wager. -
Dealer Receive Five Cards Face Down
USOO6102402A United States Patent (19) 11 Patent Number: 6,102,402 Scott et al. (45) Date of Patent: Aug. 15, 2000 54) BAD BEAT STUD 57 ABSTRACT 76 Inventors: Mark Scott, 3878 Biltmore Bay St., Each player makes an initial ante wager and then each player Las Vegas, Nev. 89117; Bruce and the dealer receive five cards face down. The player Henderson, P.O. Box 5047, Carefree, makes a “first' wager to See a Sixth card and a "Second Ariz. 85377 wager to See a Seventh card. The Sixth and Seventh cards are each community cards used by each player and the dealer. 21 Appl. No.: 09/163,805 Each player's hand is analyzed to See if the player has a 1-1. qualifying hand of at least a pair of Deuces or better. If the 22 Filed: Sep. 30, 1998 player does not qualify, all wagers are lost by the player. If Related U.S. Application Data the player's hand does qualify, all cards of the dealer's hand 60 Provisional application No. 60/064,670, Oct. 14, 1997. are turned face up and each player's hand is compared to the dealers hand using conventional poker hand ranking to 51 Int. C.7 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - A63F 1/00 determined whether the players hand has a higher ranking 52 U.S. Cl. ............................................. 273/292; 273/274 five card poker hand than the dealer's hand. Each player also 58 Field of Search ..................................... 273/292, 274; optionally may make a side bet wager to be eligible for 463/12, 13, 16 Special payouts, including a “bad beat' payout. -
Table Games Operations Plan Appendix A
HOLLYWOOD CASINO COLUMBUS TABLE GAMES OPERATIONS PLAN Date Submitted to the OCCC: 08/30/2019 Date Approved by the OCCC: 10/16/2019 TABLE GAMES OPERATIONS PLAN APPENDIX A 1 HOLLYWOOD CASINO COLUMBUS TABLE GAMES OPERATIONS PLAN Date Submitted to the OCCC: 08/30/2019 Date Approved by OCCC: 10/16/2019 Table of Contents General .......................................................................................................................................................... 4 Black Jack ...................................................................................................................................................... 5 Craps ........................................................................................................................................................... 17 Roulette....................................................................................................................................................... 27 3-Card Poker with or without Progressive Jackpot ..................................................................................... 33 6 Card Bonus on 3 Card Poker: ................................................................................................................... 36 Crazy 4 Poker with or without a Progressive Jackpot ................................................................................. 36 Ultimate Texas Hold’Em with or without a Progressive Jackpot ................................................................ 40 Pai Gow Poker ............................................................................................................................................ -
Aria Casino Poker Gentleman's Guide
TABLE OF CONTENTS Etiquette Understanding DO’S & DON’TS TELLS Page 4 Page 5 Poker VARIANTS Terminology PLAYER TERMS Page 9 HAND TERMS ADVANCED TERMS Page 13 Facts AND INFO Page 19 Playing CERTAIN CARDS Page 21 Etiquette DO’S & DON’TS Do’s Don’ts Always accurately represent your Stall or Delay the game - pay attention action and never slow roll when it’s your turn Know verbal declarations are binding Don’t ask another player to see their cards after they muck Play at your comfort level - don’t play at a Don’t reveal your cards to other player higher limit if you are not comfortable at the table Be polite and always keep your cool – Don’t String Bet or Splash the pot win or loss about the hand in action, Always state your bet clearly Don’t talk speculate about another player’s hand, provide a play-by-play or talk strategy Allow every player to play their own game Don’t assume anyone will help you - as long as it is within the house rules at the tables, it’s one person per hand 4 What is a TELL ? A tell is an unconscious action that is thought to betray an attempted deception 5 Some of THE MOST COMMON TELLS* Leaning forward or backward. Aggression or forceful betting is a Suddenly bolting upright can usually classic case of weak-means-strong, indicate a strong hand. strong-means-weak. Impatiently wanting to bet Holding breath or staying very still can can indicate a strong hand and those who often indicate a weak hand as the player is are bluffing usually tend to take extra time. -
Poker Flats Casino Drop Structure California Games
POKER FLATS CASINO DROP STRUCTURE CALIFORNIA GAMES ONLAHA-TEXAS HOLD EM -PINEAP PLE LO BALL- DRAW POmR $1 TO $2 $2 DROP $2 TO $4 $3 DROP $2 TO $4 SPLIT GAMES $3 DROP $3 TO $6 $3 DROP DROP TAKEN BEFORE THE START OF GAME 5 CARD S TUD- 7CARD STUD $1 TO $5 $3 DROP $1 TO $5 SPLIT GAMES $3 DROP $1 TO $10 SPLIT GAMES $3 DROP $1 TO $10 $3 DROP * J DROP TAKEN BEFORE THE START OF GAME CALIFORNIA BLACKJACK (22) $5 TO $10 $1 COLLECTION FEE DROP TAKEN BEFORE THE START OF GAME MEXICAN POKER $1 TO $5 $2 DROP $2 TO $10 $3 DROP NO LIMIT $4 DROP DROP IS TAKEN OUT OF POT AFTER THE FIRST BET IS MADE AND CALLED POKER FLATS CASION DROP STRUCTURE ASIAN GAMES SUPER PAN 9 (PAN, SUPER 9) $5 TO $40 $1 COLLECTION FEE $10 TO $10 $2 COLLECTION FEE DROP IS TAKEN BEFORE THE START OF GAME PUSH 9 $1 CONDITION 1 TO 6 PLAYERS $2 DROP $1 CONDITION 7+PLA YERS $3 DROP $2 CONDITION 1 TO 6 PLAYERS $2 DROP $2 CONDITION 7+PLA YERS $3 DROP DROP IS TAKEN BEFORE THE START OF GAME DOUBLE HAND POKER (PAT GOW POKER) $1 DROP $1 DROP $2 DROP DROP TAKEN BEFORE THE START OF THE GAME POKER FLATS CASINO SEQUENCE and ROTATION of the DESIGNATED PLAYER POSITION * All designated player positions are advanced on a clock-wise rotation. This se uence, or rotation IS continued accordin to the numbered posit~onsof each tab‘!l e. -
So, Have You Been to Poipet?
So, Have You Been to Poipet? Fri, Apr 25, 2014 The Cambodian city close to greater Bangkok presents a unique opportunity. When examining the major casino markets of Asia, Macau and Singapore most often come to mind. Most gaming executives are familiar with these markets, and their prodigious gaming revenue performance continues to attract the interest of the media and financial analysts. The extraordinary performance of these markets has caused casino developers to look more closely at other regional Asia markets such as South Korea, Vietnam and Japan as they look for that next great opportunity. What are often overlooked are other regional Asian markets that are already established yet are somewhat removed from major Asian cities. These gaming markets generate prodigious amounts of gaming revenue and serve as convenience-based gaming destinations to regional populations. One such market is Poipet, Cambodia, which serves residents living in greater Bangkok, a metropolitan area with over 10 million people. With legal casinos prohibited in Thailand, Poipet is the nearest gaming option for those residents. Poipet sits across from Aranya Prathet, a border town in northeastern Thailand that serves as the primary overland crossing between those two countries. The casino district is comprised of seven properties, ranging in quality from two-and-a-half stars to three-and-a-half stars. Each casino has 65-100 table games, 125-300 slots and 140-550 hotel rooms. Poipet casinos’ location relative to each country’s immigration checkpoints is unique. One leaves Thailand and enters the Poipet casino district without actually going through Cambodian Immigration.