Monte Carlo Changing

It looks like the advent of the ever popular Euro Casino Online may be causing many changes when it comes to the casino resorts and hotels that can be found throughout Monte Carlo. Though you may discover rapid differences appearing on the surface, some things will never change – providing that the online casinos do not leech away too many customers and cause the demise of the land based casino altogether, that is.
Last month, at the Monte Carlo Casino (which is banned for all Monaco residents, but open to travellers), a high roller took the house for €3 million. Perhaps they worried for a while; but then two weeks later, another high roller managed to lose €2 million, redressing the balance a little and taking away any concerns that they might have had. While the casino still sees success, the problem is that revenue has steadily been dropping over recent years, especially since smoking was banned in public buildings back in 2008. The casino then reported a twenty per cent fall in revenue overnight, a startling figure which once more reinforces the many considerable benefits that playing online can have for most players, particularly those who like to gamble on a regular basis.
There are still visitors to the casinos in Monaco, of course. Somewhere between fifty and one hundred high rollers are present every month, along with droves of more normal players who wander the once elegant public rooms in slogan-splattered t shirts and flip flops. They do not, of course, mingle: high rollers hide away in other rooms, where those who cannot afford the stakes are not allowed to enter. Though the entry fee of €10 that was once required for entry to the main area has been dropped, those who would balk at such a charge will certainly not be stepping foot any further into the casino’s well decorated interior.
Of course, most people these days will have triedonline casino games, even if they still spend some time at the land based casinos – and indeed, for the high rollers this may be more a case of asserting status rather than really enjoying themselves. After all, someone who can drop €2 million at the casino tables without breaking a sweat is really someone with a lot of money behind them, and they will be keen to make sure that their business rivals and society acquaintances know …

Grosvenor Design Partnership

An interior specialist has just announced a Grosvenor design partnership which is sure to mean great things for the casino brand, in both the thirty five UK casino premises that they run and the online casino sites which they are known for. The company, 20.20, have said that they are going to be creating a concept that will help the brand deliver a destination ‘that is adapted to their needs on both a social and gaming level’, based on what customers really want.
The design specialists have been working with the Rank Group since 2005, so their partnership is a strong one and they are sure to be able to create a site for their online casino games which will really tie in with the luxury experience that most players expect to get when they visit a Grosvenor Casino. The consultants have stated that they will be ‘getting under the skin of customer behaviour and motivations for playing both in-club and online,’ which means a great step forward that will allow customers to enjoy the site ever more and get more out of it according to what they really want and enjoy.
The project will be undertaken with help from analysts MC&C, who are currently undertaking a data study in order to provide the information that is needed to find out just what customers really want. Michael Artis is the head of sports and entertainment at 20.20, who will be leading this project, and he had this to say: ‘We can make casinos a lot more relevant to a wider audience. It all starts with the customer, and that’s who our strategy team are with right now.’ If they manage to pull this off and do it right, then the new customer experience at any Grosvenor Casino venue or site is sure to be a much better one as soon as the changes go ahead – though time will tell whether they do manage to do something revolutionary, or if it is all just more PR talk and the redesign will be the kinds of changes that you see happening regularly.…

Madrid Tourism Boost

In terms of the latest Euro casino online news outlets have been totally abuzz, with reports flying thick and fast of the latest developments in the story. Madrid beat Barcelona out to be the lucky city receiving the new “EuroVegas” development casino mogul Sheldon Adelson, but then it was announced that Barcelona will be building their own casino resort anyway. Now the latest twist in the case comes as the estimate has been given of how much of a tourism boost this development could give to Madrid… and it is set at $19 billion.
Promomadrid, the agency that has been doing all the work to secure the deal, has been investigating the results that such a massive casino resort could give, and chairman Jesus Sainz presented the results in a press conference a few days ago. “It will change the dimension of our economy,” he said, before delivering the astronomical figure that will no doubt sound like music to the ears of the struggling Spaniards. The second recession in three years hit their economy recently, pushing the unemployment rate in the country up to a staggering twenty five per cent – though in young people this figure was even poorer, at more than fifty per cent.
It will not come quickly, though when it does it will be more than welcome. Construction is estimated to begin in between twelve to fifteen months, and this will bring many much needed temporary jobs to the area. Plans will see development of the project continuing over a ten year period, making Madrid a haven for construction workers of all kinds, and of course permanent workers will be needed to staff the casinos, hotels, and other attractions in the area. It is estimated Promomadrid that this will result directly in 164,000 jobs, and indirectly in a further 97,000, a much welcome boost to the capital.
This is the latest step in Spain’s attempts to use gambling taxes to push the flagging economy, after the government granted licenses for online casino games earlier in the year and opened up the market to companies from abroad to gain more revenue. Whether or not this is a strategy that will work is something that only time can tell, and it may well be at the expense of many Spaniards who will struggle under gambling debts in order to bring more money to the rest of …