Top Tips to Improve Your Casino Business Finances

The competition in the casino industry is fierce. It does not matter where you are operating, there will always be that one competitor behind chasing you and another one upfront laughing at you. To improve revenue, ROI, and improve overall business finances, you not only need to adapt but be subjective and objective in running your business. If you’re having a hard time, here are some tips to help you improve your finances and profits. Be Lenient and Clear with Casino Credit Making sure all distributed casino credits are monitored and paid is a challenge. Casino credit is an amount of money you either request from the casino or the… Read More

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3 Casino Terms Operators Must Know

The casino industry just like with other industries have their language. Not an entire language per se. But some certain words or phrases only make sense to a certain group of people. In this blog post, we’re going to talk about casino operators, owners, and executives. So, are you familiar with any of these terms? The Handle We’re not talking about the slot machine handle. The Handle in the casino is the total amount of wagers made by casino players or customers. Calculating the total amount of the handle is important if you want to determine if your casino is making money or not. It is important to make sure… Read More

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Lending Money for Gambling: People Beware

In New Jersey, a known issue in the casino industry is gamblers borrowing money from loan sharks posting as lending firms or markets. There have been several reports of these loan sharks staying 24/7 at casinos to lend money to those in need. Not only is this illegal but it is also fueling gambling addiction or problem gambling. That is why we are here. Here are some tips if you are thinking of asking for money from lending markets. New Jersey’s casino industry is on the rise, unfortunately, as well as the issues related to the industry. Opt for Casino Credit If you’re short, most casinos in New Jersey offer… Read More

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Garden State’s Casino Industry on The Financial Rise: Here’s why

No one can deny that New Jersey is a casino powerhouse not only in the United States but throughout the globe. Yearly, New Jersey hits an impressive 21.5% and further. Keep in mind that for years New Jersey has been riddled with several issues. Not only that, there have been several reports about New Jersey being a state with the worst economy and slowest fiscal growth in the country. In a report by a state finance firm in Chicago, New Jersey has nearly $210 billion debt. Now, with all of these figures and problems, New Jersey’s casino industry continues to rise. Here’s why. A well-established finance operation New Jersey is… Read More

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