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Showing results for tags 'casino industry'.

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  1. As the world of online casinos expands, the gambling industry evolves into a more diverse and highly imaginative market. Long gone are the days of boys’ clubs and their smoky cigar rooms void of female presence. Modern gambling has a lot to offer female consumers and studies reveal just how popular gambling is among women in the 21st century. It may not be the first thing that comes to mind when most consider what women want to do while they relax, but evidence leads us to believe that the rise of online casinos opened countless doors for women in gambling. Today we meet ladies from various parts of the industry who sit on either side of the felt table. Historic Female Gamblers The following ladies made a name for themselves as legendary gamblers with some existing in history books and others still rocking the casino world. ✓ Carlotta Thompkins Two centuries ago, a Texan lady by the name of Carlotta Thompkins caused quite the upset in her family by becoming one of the greatest poker players of the time. Born in Kentucky, Ms Thompkins’ father taught her everything he knew about gambling sports betting. Her mother wasn’t a big fan of the industry although Mr Thompkins made a career out of it. Carlotta had quite the knack for playing cards and soon everyone started calling her Lottie Deno, partially derived from the Spanish word for money, dinero. Because her mother had other plans for Carlotta, she sent her to Detroit to get married, but the plan failed and Lottie Deno fell for an outlaw with a love for gambling. The pair led a nomadic life for a while, making money from gambling and eventually slowed down and settled in New Mexico. ✓ Judy Bayley Born in the early 1900s, Judy Bayley is one of the most famous gamblers of the 20th century. Interestingly, she is also from Texas and around the 1960s she became known as the First Lady of Gambling in Nevada. Her husband Warren Doc Bayley died an untimely death in 1964 and left Judy as the sole owner of their hotel-casino in Nevada. In the blink of an eye, she became the first-ever woman to own and operate a hotel-casino in the area. As it turns out, she did not only have a gambling gift, but she also became an icon in the casino industry for her strategic publicity approaches. Her passion for entertainment had a great impact on how she managed her business and although she had no formal business training, the casino flourished under her reign. ✓ Annette Obrestad Fast-forward a few decades on and we run into a young lady named Annette Obrestad. Born in 1988, she had an early start in gambling when she started playing poker on free websites. Annette was only 15 years old at the time but since then she has made a name for herself in the modern poker community. Purportedly, Annette never deposited money into her online gambling accounts and only used funds she won in the free tournaments. She made waves in the poker community by raking in some big pots in her first year of playing. Between 2006 and 2007, Annette won $600,000 on Pokerstars, $175,000 on Tilt Poker, and $260,000 on UltimateBet. She is also the youngest person to ever win a World Series of Poker (WSOP) bracelet. ✓ Vanessa Selbst ome call her the greatest female poker player of all time, and for good reason. Vanessa Selbst became one of the best-known faces in poker during her career as a professional poker player. Born in the decade of bad fashion and brilliant music, Vanessa won three WSOP bracelets and is the only woman who reached number 1 on the Global Poker Index. She made a name for herself as an aggressive opponent and through her brilliant card-playing skills amassed an astonishing $12 million to her bank balance in prize winnings. In 2018, the Yale law graduate announced her retirement from poker and explained that it felt like an actual job. ✓ Kirsten Bicknell Canadian-born Kirsten Bicknell made a name for herself by playing online poker during her first year of attending university. Kirsten dubbed herself ‘The Ultimate Grinder’ when she played an astonishing number of poker hands to become the esteemed player she is today. Rumour has it she played 7.5 million hands over two years from 2011. With over a decade of games under the belt, Kirsten collected prize money worth $11 million, and some estimate her net worth at $16 million. She won her first WSOP bracelet in 2013 and since then won two more bracelets. Another feather in her cap is the numerous nominations as the GPI Female Poker Player of the Year, which she won three years in a row. Women Shaking Things Up in Gambling Let’s move to the other side of the table for a moment. The following women shattered the glass ceiling in the gambling industry. Today, some of them continue to shape it into a more diverse and inclusive industry. ✓ Denise Coates and Her Vision Born into a family business comprising betting shops, Denise Coates’ destiny with the gambling industry was pre-ordained. When her father gave her control of the betting shop franchise, Denise was eager and ready to take their family business to the next level. With the support of her brother, John, and the belief that online platforms are the best bet, Denise launched Bet365. Today, Denise is one of the highest earning females in the world and her dream company is a reputable top-tier gambling business. Although she describes the endeavour as a gamble, luck had very little to do with the econometrics graduate’s success. Humble beginnings in a Portakabin and her determination to make the online business greater than any other paved the way to bet365 success. ✓ Therese Hillman’s Strategic Approach Most punters are familiar with their favourite games and the true fans know which software providers created them. What many don’t focus on are the people behind the companies that continuously deliver amazing content. One such person is Therese Hillman, the former CEO of leading software provider NetEnt. She oversaw the birthplace of Gonzo when he first arrived on our screens, and she guided the path for NetEnt’s expansion over several years. Therese first joined the NetEnt team as the CFO in January 2017 and a little over a year from there, she became the acting CEO. The CEO position officially became hers in May 2018 and 16 months later she helped seal the Red Tiger acquisition deal worth £197 million. She led the company through some of its most historic events, like the Evolution Gaming takeover. After the Evolution take over, Therese took a step back and her fans await her next move. ✓ Pansy Ho and Her Silver Gambling Chip Although she is the daughter of the infamous Macau casino mogul, Stanley Ho, this casino executive is not riding the wave her father triggered with his casino monopoly. Pansy Ho set out to build a reputation for herself as an ambitious and able businesswoman. Sure, her current $3.1 billion net worth comprises her share of the empire her father built, but she proved her solid business acumen over the past decade as an entrepreneur in her own right. She shares the same passion for business with her late father and used her ambition to secure wise investments in multiple industries including property, transportation, and gambling. In 2018, Bloomberg named her the richest woman in Hong Kong and many believe it is her fierce approach to business that landed her the wealth and title. ✓ Zoë Osmond Pushing for Responsible Gambling GambleAware is one of the biggest forces in the British player protection sphere. The organisation appointed Zoë Osmond as its CEO in 2021. Zoë previously held positions at the charity organisation as its Communications and Engagement Director where she spear-headed safer-gambling campaigns and increased the company’s reach throughout the UK. Anyone following the UK Gambling Reform saga knows that Zoë and her team are fighting tooth and nail to increase support for RET funding, which is currently a voluntary practice. She has the responsibility of distributing funds to national partners in aid of gambling addiction. Women like Zoë and the others mentioned above, are in the right positions to change the industry completely. An Influx of Female Gamblers Although some women started making history in gambling centuries ago, it remained a male-dominated scene for very long and only recently the tables started turning. With a more feminine approach to handling business and the convenience of remote gambling options, statistics show a significant rise in female gamblers. They must harness the opportunity that comes with this change in demographic through more diverse provider teams in all areas of igaming. Studies reveal female gamblers behave differently from their male counterparts and enjoy games like slots, roulette, and bingo the most. The data shows women use gambling as relaxation instead of entertainment and developers would do well to answer this call.
  2. If you are looking for a new hobby and online gambling is the option, here are a few pointers to make it an enjoyable experience every time. For seasoned gamblers, these may be obvious, and the wisdom may have come with expensive lessons, but even experienced punters forget the basics. With land-based casinos closed for long stretches over the last two years, many countries finally saw the importance of a regulated online gambling market as their citizens turned to igaming. Now that we see many new regulated markets and platform providers popping up from everywhere, it is more important than ever to keep your head cool when taking part in remote betting activities. Especially if you are new at this. Online casinos offer bonus deals to attract players to their platform and developers do their best to make their games stand out. With all the flashing lights and “Free” banners popping up, would-be punters as well as experienced gamblers can easily get carried away. So, before you get caught up in the moment, implement these 5 steps to ensure a relaxing and entertaining online gambling time. ✓ 1. Do Your Homework We get it. If reading was your thing, you would curl up on a sofa and get lost in your favourite book. The thing with reading casino and game reviews, though, is that it saves you a lot of time and unnecessary frustration. How so? Experienced players do the grunt work for you by checking all the important facts to consider when picking your gambling platform and which games you will wager your money on. If you pick a reputable source, you can rest assured that the casinos they write about and suggest to their visitors have the correct licenses in place. It is very important to only gamble at online casinos that are regulated within your country, as this ensures your right to recourse if you are dissatisfied with the service you received. On top of that, licensed and regulated platform providers need to adhere to strict gambling laws to maintain their licensed status within their respective jurisdictions. This ensures that players’ safety is a top priority to the casino and their staff. A good review will include factors such as payment solutions, available currencies, available languages for customers, and the level of customer service provided. With online casinos, punters need to know how long they will wait for their withdrawal as well. Most good review sites will include details on bonus deals from all the leading licensed operators, but always be sure to read the terms and conditions for yourself, to ensure you understand them. Review sites will help you choose the best game for your preferences too. With the multitude of slot games available, rather read a couple of reviews and play demos, if available, before you place your first bet. The important statistics will be on the review as well as the theme and rules. Should slots not interest you, all other casino games will have reviews too. Where your hard-earned money is involved, it is always better to have a good understanding of the game rules. ✓ 2. Manage Your Most Precious Resources: Money and Time Cash-flow mismanagement is the quickest way to get yourself into trouble with gambling and bring an abrupt end to the fun. The habit of setting a monthly and a session budget should be part of your gambling strategy to ensure that you don’t overestimate your betting allowance. Always make sure that you stick to what your budget allows and never overspend. Breaking this rule, even once, is a slippery slope to problematic gambling habits. Another golden rule of money management for gambling is to never wager with borrowed money. Some you win, some you lose. Take this to heart and walk away from your losses. Borrowing money to place a ‘sure bet’ or to cover your losses is a certain trap and one that you should avoid at all costs. Money is not the only precious commodity you own. The mentioned budgets should go further than currency to include how much time you spend on gambling. Time management is just as important, if not more so, and knowing when to stop even if you must ‘end on a high’ or walk away from a big loss will set you up for success in the long run. This, in turn, creates a winning mindset, which is a key component in every successful punter’s arsenal. Make sure that your time spent gambling fits in with your daily schedule and does not take away from other priorities, such as family time, work, etc. If you find it challenging to stick within the budget(s) you set for yourself, consider talking to someone about these challenges. Impulsive gambling can lead to detrimental consequences. ✓ 3. Make Use of Deposit and Time Limits The third point ties in with our discussion above and will make it so much easier to manage your bankroll. Online casinos and gambling regulators created this tool to help punters stick within their means and budgets. This is a great tool that promotes responsible gambling and helps you live to wager another day. Utilising the deposit limit application takes one more thing off your mind, as you only need to focus on the game and your betting strategy. Most veteran gamblers have learnt that it is too easy to give in to temptation and make that extra deposit in the hopes that the tides will turn or that the table is about to turn hot. In the heat of the moment, you may believe that the next spin or hand will bring your fortune but sticking to your budget is a skill to hone and setting a deposit limit helps you do exactly that. Regulators require online casinos to offer punters the deposit limit tool and, in most instances, you can limit yourself in different forms. Daily, weekly, and monthly limits will make it easy to structure your budget. ✓ 4. Check the RTP and Variance RTP, the acronym for Return to Player, refers to the amount the game pays back to the player over thousands of spins. They normally display this value in percentages. For example, if a slot has an RTP of 95%, it will give back 95c for every €1 spent. Essentially, this statistic communicates how much you can expect to lose. The % difference is the house’s edge, which translates to the percentage of player bets retained by the game in the long run. Although it is a theoretical amount, the fact remains that the house always wins. Some games have better return values and lower house edge and naturally, these should be the ones you play. The accepted average RTP for online slot games is around 95.5% but some slots can go as low as 85% as certain regulators allow for it. Finding out what the game’s RTP is will empower you to make better game choices for greater winning potential. Slot games have one more vital element to consider and that is the payout variance, also referred to as the game’s volatility. They rate it from low to high and it has a tremendous impact on how you should manage your bankroll. A low variance game will pay out often, but the returns are usually small. High variance games have erratic payout structures and spinners can experience dry spells and sudden big wins. These games are popular for the big wins but understand that they can stretch your bankroll with wins awarded seldom. ✓ 5. Ignoring Betting Lines on Games Understanding the mechanics of the game you are playing is key to the success of any prospective punter. Betting lines, also known as paylines, are a line-up of specific symbols on which they will reward a payout. Traditional slot machines used to have only one betting line running through the middle of the reels, but most modern slot games can have anything from five to hundreds of paylines with winning combinations in all types of patterns. Some video slot developers allow the player to decide how many lines they want to bet on before the spin and more lines mean more winning opportunities. Most of these slot games have a set number of lines you would need to bet on, so adjust your bet amount accordingly. Usually, there are two different bet settings. One for the currency you bet on and one for how many coins you will use per spin. This mechanic may confuse punters and others may just ignore the fact, but this can push your bet up without you realising it. If you find that your total bet displayed on the game’s dashboard is more than the bet amount you entered, chances are the structure of ‘bet per line’ is in place. These details are available in the paytable menu or the game rules, another point that many punters forget to explore before spinning away. Here you will see what individual symbols will reward you and how many need to match for a pay-out. The payline structure will explain how stakes apply and wins are split. If your bet amount is split between lines, they calculate your payout according to line wager. For example, a €3 bet on a 30-line slot means you are only betting 10c per line and would pay out relative to this. As the saying goes, different strokes for different folks. So always check the mechanics of the game before playing and find a game best suited for your betting style. When the Fun Stops, So Should You Having fun while gambling is about staying in control of the situation. Incorporating the above steps can help gamblers to focus on the entertainment factor while practising responsible gambling habits. If you’re not sure where to start, take a look at our recommended and reviewed GamblersPick online casinos.
  3. Gonzo’s Quest might seem like a standard video slot from a distance, but this NetEnt game is far from ordinary and the impact it made in the iGaming industry is undeniable. Since the online slot’s release in 2011, many have followed in the footsteps of NetEnt’s brilliant game mechanics. Many features slot players now take for granted, found their origin from the NetEnt classic. The classic 5x3 slot design is merely there to bring comfort to traditional slot players as Gonzo’s Quest included a mind-blowing new feature, the Avalanche reels. Before the Spanish explorer graced our screens, avalanche pays, or cascading wins, was unheard of and to top it off, this game incorporated a progressive multiplier into the mix. Something else NetEnt captured in this innovative slot game was to make it look and feel like a video game, instead of the well-known slot machine experience. The crisp graphics that include the interactive main character ensure that, a decade later, it still competes with the best slot entertainment available. It is mind-blowing and industry-altering stuff, making Gonzo’s Quest a legend in its own right. Gonzo’s Great Inspiration The excitement created by these features was tangible and the effects linger years later, as the title is still one of the most loved in the industry. Fast-forward to 10 years later and Gonzo is our favourite adventurer who now holds a few titles in the online gambling industry. Its award-winning creators commemorated the Spaniard’s 10th birthday by releasing the Gonzo’s Gold online slot for players to continue the adventure. Evolution Gaming released a live casino game based on Gonzo’s Quest, where players can enjoy a Live Casino Treasure Hunt with the company of a game host. Gonzo’s Treasure Hunt includes a Virtual Reality version of the conquistador and plays out in an Incan Temple. Last year, the slot quest expanded with Red Tiger who released Gonzo’s Quest Megaways in collaboration with NetEnt. As you can see, this adventure slot game caused unthinkable ripple effects in iGaming and inspired software developers from far and wide. Now that we know what Gonzo brought to the world of spinning reels, let us explore what brought Gonzo to us. The Historic Interpretation of Gonzo’s Quest The year was 2010 and spinners enjoyed slot games of the time. Classic 5x3 setups were the order of the day. Click spin and watch the reels roll and stop while you wait for that jackpot sound to trigger. That’s the slot life, right? For developers at NetEnt, there had to be more. The hum-drum features of classic slots simply weren’t enough and, much like the ancient explorers, they set out to discover what technology and imagination can produce under the right circumstances. With the spirit of exploring new worlds, only a Spanish conquistador will be worthy of the main character, and so Gonzo came into being. Very few explorers are as famous as the conquistadors of the 16th century. The Pizarro brothers completed several conquests and conquered the Inca tribes of Southern Peru. Gonzalo Pizarro was one of the adventurers that ventured into the Andes. He had one major objective: Find El Dorado, the legendary city of gold. The kingdom and its rumoured riches motivated Gonzalo to search for it, in vain. We can say with all certainty that Gonzo’s Quest is a lot more fruitful than that of his namesake. Gonzo is a charming little animated character who keeps you company while you spin, hanging out next to the reels. The online slot features an Incan City scene as the backdrop, complete with gold temples from the alluring El Dorado. Ornate stone carvings and masks create an original Incan experience that is rounded off with ambient and immersive sounds. Since its release in 2011, we have come to know Gonzo as the virtual face of NetEnt. Gonzo’s Groupies and Big Winners The fan base for Gonzo’s Quest is impressive, to say the least. The game has its own Wikipedia page and dedicated fan sites. NetEnt considers it to be one of their biggest releases ever with all the best online casinos including it in their portfolio of games. In 2014, one lucky winner bagged a €40,000 jackpot on the original Gonzo’s Quest slot, and when you play it, you will appreciate the payout occurrences. Technically, punters can win much more on Gonzo’s Quest and even more in the new Gonzo’s Gold slot. NetEnt created the Avalanche feature that was way ahead of its time and it gave rise to many popular mechanics we know today. The golden stars align as it meets up with Megaways software and one Finnish player experienced the power of this combination. The Red Tiger collaboration that produced Gonzo’s Quest Megaways married the brilliant Avalanche mechanics with a Megaways pay system. With a €20 bet, the player from Finland walked away with her second Gonzo jackpot worth €230,610. Previously, she won a €70,000 prize on the slot. Now we are looking at the actual games we’ve been discussing and if you haven’t yet, it is time to put on your explorer’s hat and pick where you will spin alongside Gonzo. ✓ Gonzo’s Quest Gonzo, the Spanish conquistador, embarks on the quest of a lifetime to find the golden city hidden in the Amazon. With El Dorado marked with an X on his map, all he needs is for you to place your wager and click spin. Discover Inca temples and forgotten treasures in this beautifully designed slot with 5 reels and 3 rows, where you can win 2,500 times your bet. Watch how the unique stone carvings drop onto the reels and disappear into a crushing avalanche when you win. Set in the lush forest, unique Inca stone carvings fill the slot grid, as the low paying symbols. These create winning combinations that explode to make way for new symbols, creating a cascading effect. This allows for multiple wins in one spin, and with each Avalance the win multiplier increases to a maximum of 5x. The mid to high variance allows for wins often enough to keep players engaged, although Gonzo does a great job of that on his own. Free Fall with Gonzo when three Scatters are in sight on reels 1 to 3, where you will get 10 free spins and the multipliers increase up to 15x. ✓ Gonzo’s Quest Megaways Red Tiger did a stellar job with the sequel to one of the most played slots ever released. Gonzo’s Quest Megaways is all that fans love about the original, with the bonus of the Megaways mechanics. The developers held on to everything that makes this slot so popular. This slot comes with a grid that has 6 reels and can yield 2 – 7 rows in each of these, thanks to Megaways. Win an astonishing potential of 20,000x your stake, with up to 117,649 ways to create winning combinations. The graphics are slightly different, and opinions vary on whether it’s better or not. They introduced some new symbols with the old familiar faces and thanks to the Megaways grid setup, the Avalanche feature is brilliant and more dramatic. Similar to the original, question mark wilds are present, but this time, it’s unbreakable. These stay put during avalanche wins. Free Falls are even more exciting because of the larger grid and in certain areas, players get to gamble for more spins. ✓ Gonzo’s Treasure Hunt Join the Spanish conquistador in this unique live game show, inspired by the slot game. Gonzo is relentless in his search for El Dorado and in this game, players get to hunt for treasure with the bearded adventurer. Gonzo’s Treasure Hunt is a ground-breaking live-streamed game that combines slot-style gameplay with a game show. This Gonzo title is the first live game that players can enjoy in Virtual Reality mode with the use of a VR headset and remote. The live host and Gonzo will accompany the player as they search for riches hidden behind 70 stones positioned in an Incan cave. The giant wall of stones is where the slot mechanism comes in, as six different symbol stones will drop into the wall, almost like a slot spin. Each of the stones pays out different values and you decide on which you will wager. Players get to pick up to 20 positions on the wall, and the amount of picks multiplies their bet. Random multipliers can drop onto the wall in any of the 70 positions once you’ve picked your stones. The computer can make automated picks on behalf of the player. Should your stone selections drop onto the picks you made, you win! It is a straightforward and fun live gaming experience with breathtaking prizes of up to 20,000x per stone. ✓ Gonzo’s Gold The fun quest continues and no one will convince Gonzo that not everything that glitters is gold. This 5x5 slot is the newest release in the Gonzo series of games and NetEnt included fan favourite features like cluster pays to up the ante. The maximum jackpot in Gonzo’s Gold is 6,500x your stake, making it a very attractive game to play. Land clusters of three or more premium symbols and four or more low paying symbols for exciting wins. Plan your bankroll according to high variance and 25.84% hit rate if you want to hit the big wins. Three or more Scatters will trigger the Free Spins that make Gonzo dance and 10 Spins will kick off with a bonus round afterwards. Depending on how many Scatters dropped onto the reel, the bonus prize can be at least x2 and a maximum of x200. Players also get to choose a Golden symbol for the free spins and the chosen symbol will become an expanding one for the duration of the Free Spins Feature.
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