Posts Tagged ‘best gambling online’

USD224,000 Win in RTG Video Slot Real Series

Wednesday, October 7th, 2009

One of the very lucky players named Michael D has hit the jackpot of USD224,000 in a video slot machine of SlotsOfVegas casino. Michael has been playing in the casino with the nickname “MADMAN”. It was during his play of the RTG game – Prince of Sherwood – that he won a massive sum of money amounting to USD224,000.

RTG Video Slots

Most interesting and inspiring is the fact that “MADMAN” had started his play with a sum of USD50 only. He went up the ladder by accumulating progressives and ultimately went on to win a massive quarter of a million. Another notable fact is that Michael won this huge amount in a very short period of time of 1 hour only. According to Ralph Biggers, the customer care manager of SlotsOfVegas casino, he had seen many big wins in his casino life but has never witnessed a win of such a big money in such a short period of time. He also said that starting with a mere sum of USD50 and reaching USD224,000 within 1 hour is phenomenal in itself. Ralph has jokingly remarked that “MADMAN” had really played by his true name and has followed his true instinct for such a phenomenal win.

Michael D has been gambling for a long period of time and prior to this win, the maximum amount of money that he had ever won was USD4,500 in the New York Hotel casino of Las Vegas. Winning of such a great amount has left him mesmerized and is waiting for the check for coming to terms with reality.

Representative of SlotsofVegas casino, Mr. Christopher DiAngelo, has confirmed the fact that month of September 2009 has seen a phenomenal increase in the total number of big winners in their casino. He is upbeat about the fact that increase in the numbers of big wins is the sign of the expanding satisfied customer base of SlotsOfVegas casino.

  • Share/Bookmark

Wynn Macau IPO Raises Hope Among Casinos and Investors

Thursday, October 1st, 2009

IPO floated by Wynn Macau has received unexpected response from investors. It has raised an unexpectedly huge sum of USD1.6billion in Hong Kong. This fact should be mentioned that this amount of response has made it the 4th largest IPO offer of 2009, till date. Financial analysts have also pointed out the fact that Wynn Macau Limited had priced the share at the high-end of the range of indicative price . This move of the Hong Kong based casino reflects the changing economic environment of Macau. The economy is coming out of the recessionary phase.
Wynn Macau Casino
In the recent past it has been witnessed that new casino stocks had faired poorly in the secondary market once they were listed in the stock exchanges through IPO offer. Thus, the high-end pricing of the Wynn Macau stocks are considered by many as a bold step. But many are also looking at this move as an indication towards improving economic health of Macau, Hong Kong.

High-pricing of Wynn stock is also expected to have positive repercussion effects on other casino stocks trading in the stock exchanges. Some of these exchange traded casino stocks are Las Vegas Sands Corporation, SJM Holdings Limited and Galaxy Entertainment Group Limited. Stock prices at the end of the trading day of 30.09.09 stands at:

Wynn Resorts Limited – 70.89
Las Vegas Sands Corporation – 16.84
SJM Holdings Limited – 4.20
Galaxy Entertainment Group Limited – 3.42

At initial stage the indicative range of the WYNN IPO was set at HKD8.52 to HKD10.08. In terms of Hong Kong Dollars, Wynn Macau Limited had sold new stocks at the rate of HKD10.08 (equivalent to USD1.30) per stock. The total number of stocks sold by the Wynn Resorts amounted to 1.25billion, which is 25% of the total stake of the Las Vegas based Casino. Remaining 75% of the stocks will be retained by Wynn Resorts itself.

Wynn Macau Limited stocks will be available for trading in Hong Kong Stock Exchange from 9th October 2009.

  • Share/Bookmark