Baccarat
DraftKings Launches Mobile Sportsbook and iGaming Products in Ontario
DraftKings has launched its online sportsbook and online casino products in the Canadian province of Ontario.
DraftKings will deliver customers in Ontario a best-in-class sports betting experience through its top-rated sportsbook app, as well as more than 130 online casino game variations through DraftKings Casino such as baccarat, blackjack, roulette, and slots.
The DraftKings Sportsbook will provide Ontarians with legal and regulated opportunities to place bets across various sports leagues and sporting events, including the 2022 NHL Playoffs, Major League Baseball, Major League Soccer, this year’s highly anticipated FIFA World Cup, and more. Customers in Ontario will be able to enjoy an array of parlay options, including DraftKings’ same-game-parlay feature – all available at their fingertips through the user-friendly DraftKings Sportsbook app.
“DraftKings’ entry into Canada with our online sportsbook and online casino products is a significant milestone in our expansion efforts as we reach nearly 40-percent of Canada’s total population. We look forward to providing the passionate fanbase in Ontario with the most entertaining and responsible gaming experience possible,” Jason Robins, co-founder, chairman, and CEO of DraftKings, said.
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Baccarat
Live Dealers: Expanding Its Services Worldwide
In any licensed online casino, their gambling activity doesn’t settle on giving its consumers fun but also on making money for the business.
When playing in live deals, you are in control of the RNG, which you can’t use in other casino games. You gain more opportunities to secure your game since you can observe every move of your dealer.
If you gamble, you should be content with the game because there are platforms full of cheats. Although not all casino games are on the market, be strict for safety. Moreover, the game process in the live deal.s is that random generators do not control it—instead, the croupier en direct with professional live dealing background do the job.
In that case, you are safe from computer-generated errors, but you must also prepare for human error in live dealing. The result of playing live roulette deals will depend on how the croupier draws the balls.
If the dealer draws it incorrectly, it will damage the game and the results. You also need to ensure you are entering the right live deals. If you fail to look for the right platform, you ask yourself for a severe problem.
The Qualification
Every online casino hires its live dealers after passing their standard screening. It is essential to know the dealer’s experience in dealing with table games.
You may observe that live dealers draw games smoothly on the table—but it took them years to give you a smooth output today. Live dealers also work hard to provide you with the best deals in each game.
Like any other employees, they are committed to the job they have. To protect their credibility and the online casino they are working, they follow the rules and etiquette of gambling.
In addition to the online casino hiring process, they strictly and individually study each of their aspirant dealers’ paperwork. Suppose the candidates have the proper years of expertise and experience in the said position. If the dealer is qualified for the job—the platform may put the dealer into an actual test game.
Expansion Of The Platform
Many consumers of online gambling find the live deal system profitable and safe. Indeed, in live deals, you can control your device screen by zooming in or out of the game. Every move of your dealers is on display, and you can witness everything in the game.
The live game platform uses different cameras that focus on different angles. When their consumer moves it to the direction they want to focus, it will provide them with a vulnerable part of the game.
Live games indeed attend to the transparency needs of their players. It is why their consumers are growing that leads the platform to expand its services worldwide.
Games With Live Deals
Nowadays, you can play a variety of live dealer game formats. Blackjack, baccarat, roulette, and poker are the games that have a live dealing format. Each of these games has different dealers because it is not allowed in the online gambling industry that only one dealer will handle all of the jobs of these games.
It’s a fact because every dealer has their expertise. If the dealer is an expert in roulette games, the dealer should only deal in roulette. You can’t mix-match their knowledge with other games because the dealer may cause trouble and a lot of failures during the live streaming.
Suppose the platform won’t follow the standard rule on dealer placement. The casino will lose a lot of viewers and players. The reason why legit online casinos take time to review their dealer candidate is so that they can keep the authenticity and their high-quality service.
The Advantage
Of course, the expansion of live dealer’s service worldwide creates a lot of advantages on its platform. These advantages are:
1. Realistic Creations
In live streaming games, you are witnessing the realistic game through your screen. The atmosphere of real gambling is on your screen, and you can focus on every detail by adjusting your screen.
2. Naturality
Like any other casino platform, live dealers also work the same in giving you quality games. However, you are communicating with the actual person moving on your screen. It is more real gambling that caters to natural games too.
3. Unbiased Platform
By playing live games, you can ensure that you can avoid cheating. It is because computers do not control it, unlike other platforms. However, human error in live dealer games may be present but rest assured that it rarely happens.
If you play on legit sites, these human errors are avoided since their dealers are professional enough to do their job.
Conclusion
Playing live-dealing games is a good platform since you can ensure that there’s no cheating because you can control every part of the screen that focuses on the different directions of the dealer’s table.
It is why most high-stake online players play live games because they can experience the naturalistic atmosphere of it more than playing regular casino games. Although it’s fun in a live game, fun is outdated, but safety takes the platform to a new level. Moreover, if you want to risk it safely, play in a live dealer game.
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Baccarat
DraftKings Launches New iGaming Products in West Virginia
DraftKings Inc. has launched new igaming products in West Virginia.
DraftKings’ customers in West Virginia can now enjoy more iGaming products including live dealer games such as roulette, baccarat, infinite blackjack, and more. The live casino games are played with a real dealer rather than computer Random Number Generator software, where DraftKings players will compete against other players at shared tables.
Customers in West Virginia also will be able to play one of DraftKings’ most popular games, Rocket. Built entirely in-house, DraftKings Rocket is a game of instinct that delivers real-money potential payouts within a shared multiplayer and interactive interface, which is unlike any other game on DraftKings Casino to date and another exciting game that can only be found exclusively on DraftKings.
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Adjusted EBITDA
Monarch Casino & Resort Reports Record Results for Q3 2021
Monarch Casino & Resort Inc. has reported record operating results for the third quarter ended 30 September 2021.
In the 2021 third quarter, the Company generated net revenue of $111.6 million, an increase of 86.5% from $59.9 million in the prior-year quarter. Casino, food and beverage (F&B), and hotel revenues increased 71.4%, 102.3%, and 162.2% year-over-year, respectively. The increase in revenues was driven primarily by the ongoing ramp up in business at the Company’s hotel and expanded casino in Black Hawk. In the third quarter of 2020, Atlantis and Black Hawk revenues were negatively impacted by pandemic-related capacity and other regulatory limitations which remained in effect following the properties’ reopening.
John Farahi, Co-Chairman and CEO of Monarch, said: “Monarch again delivered record financial results as our third quarter benefited from the strong ongoing pandemic recovery, economic and population growth in Denver and Reno, and the notable impact of the removal of betting limits in Colorado. Our focus on operational excellence and market-leading amenities has enabled us to leverage these tailwinds and drive consistent growth. Labor shortages and wage pressure, as well as supply chain constraints and price inflation, remain headwinds. Atlantis operation in Reno was impacted by unhealthy air quality from the California fires and Nevada’s decision to reinstate indoor mask mandates.
“Net revenue and Adjusted EBITDA in the third quarter of 2021 were $111.6 million and $40.3 million, respectively, reaching all-time highs for the second consecutive quarter, as each of our properties generated record net revenue and Adjusted EBITDA. For the second quarter in a row, we also achieved a record Adjusted EBITDA margin of 36.1%.
“Our Black Hawk operations are ramping up, and we are working diligently to complete the legacy facility transformation by year-end. This addition will increase casino space by approximately 25% and restaurant seating by approximately 35%. In just a short time, the property has established itself as the leading casino resort in the greater Denver market, and we continue to grow market share. The May 2021 removal of the Colorado table game bet limit and the addition of Baccarat to our table game mix have resulted in an increase in new customer visitation, particularly high value players from across the Front Range. We have been able to manage the labor shortages and operate the hotel, and food and beverage outlets at full capacity on our busiest nights.
“At Atlantis, we continue to see strong demand across all segments of our business and higher customer spend. That said, Atlantis’ results were negatively impacted by the California fires which lowered air quality in the Reno area to unhealthy levels for at least 26 days. We also saw additional negative impact to visitation beginning on July 30, when mask mandates were again instituted across Nevada. Our ongoing investments in the property continue. We intend to commence a complete renovation of the hotel rooms in the first tower beginning early next year, to ensure that we meet the high standards that our guests have come to expect from Atlantis.
“With the Monarch Black Hawk construction project nearing completion, we are evaluating acquisition opportunities where we can fully leverage our development expertise and operational excellence. The Company has the discipline and balance sheet to continue to deploy capital in a manner that consistently builds shareholder value.”
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