Casino Talks

Posted by: 38Special at July 2, 2001, 8:22 am

Topic: Research Alert: Onlinecasinosales.com, Rise Media= Gamblingsoftware.com Forum: Winner Online

Are you talking about a group with multible casinos or one individual casino? The only one I can imagine out there doing the olume,{ on it's own}, to produce a net 100k in a month is Intercasino. This just came out from Sands, same people that have Intercasino.
Starting on July 1, 2001, The Sands of the Caribbean® Online Casino has
changed the $25 monthly bonus format. How? During any calendar month, if
you make a SINGLE deposit of $50 or more and we'll be happy to credit your
account with $25 in FREE casino chips. However, you must now wager $500
in total casino wagers (sports betting excluded) to be eligible to "cash-out"
your $25 bonus. Please note that this is the final increase.

We have received a few complaints from customers regarding this increase and
we feel that you deserve an explaination of why we have done this. Basically,
we have two current issues that we are facing:

1. The rising price of online advertising
2. Increased competition.

When we first entered this market, the cost of online advertising was quite
reasonable and there were only 15 competitors. Currently, there are over 1000
competitors in the online wagering marketing and this has led to higher
advertising prices coupled with more competitors fighting for the same size
market. While we will weather this storm, the high cost of advertising coupled
with a smaller piece of the total market for attracting new customers has forced
us adjust our policies and one of them that we changed has been the $25
monthly bonus. We feel that many of our competitors simply won't make it in
the long run and will be forced to shut down their operations. If and when the
number of competitors drop, ad prices will most likely fall and we will again be
in a position revise our policies...but not until then.

While the monthly bonus policy has changed, so too has the referral bonus
(increased from $10 to $20 for every person you refer to us) and the FREE
Casino Chips COMP Program has been re-vamped to a point system and is
much more lucrative than in the past. Both of these changes have gotten a
tremendous amount of positive feedback from our customers.

REFER A FRIEND BONUS INCREASED TO $20 EACH!

As just mentioned, if you refer a family member or friend to us using our
automated post card system in your Personal Preference Page, you will now
earn $20 (it used to $10) for each referral. Please note, in order for you to
qualify for this FREE $20 in casino chips, each person you refer to us must
make at least $250 in real money wagers (sports betting excluded).

PROGRESSIVE JACKPOT UPDATE

Lastly, have you checked out our progressive jackpot games lately? As of
11:00 AM Eastern Standard Time today, the jackpots were at the following
levels:

Caribbean Stud - $140,213
Rags to Riches - $258,890
$0.25 Triple Olives Slots - $2,836
$1 Triple Olives Slots - $8,981
$0.25 Super Jackpot Video Poker - $1,127
$1 Super Jackpot Video Poker - $4,783

We wish you the ery best of luck in all you do!

-- THE PIT BOSS

REMOVAL INSTRUCTIONS
We respect your online time and Internet privacy. If you would rather not receive any future
notices from THE SANDS OF THE CARIBBEAN® ONLINE CASINO, please click here.

Seems to reinforce a lot of what I feel. TOO many casino's, TOO fast, because they are TOO affordable. TOO much competition between these guys in this type of industry! This is not good contrary to what some people might think. It hurts the owners and ultimately hurts the players two ways. 1} when the owners do whatever it takes to try to survive and 2}When they don't survive and close up not being able to pay out. I honestly feel for the ones that won't make it, however for the industry to heal, many of them will have to crash and burn. Solution-More players under fewer roofs, chill out on the bonuses, they don't mean much anyway with how they are having to change the conditions. Sounds simple but isn't really, how do you get rid of all the excess casinos with these poor people fighting for their investments back??
It will be a painfull process and largely due to the irresponsibilty of the servers,{most of them anyway},for flooding the market for their personal gain. Dailun may have the right idea! Retire until things stablize and the real money people from Vegas get settled in. I think then you will see the rigging accusations,not being paid problems, the financial deposit problems and many other complaints go away. **** Wilhelm, what are we gonna do for fun!!

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