The online casino industry which began in the year 1996 has witnessed tremendous growth and has become more popular than one could ever have imagined. Presently, there are thousands of Internet casinos generating revenue that go well above billion dollars.As Internet population grows globally, and with online gambling gaining popularity in European and Asian countries, it is safe to say that the above figures will grow even further with no instant signs of decelerating in the near future.An online casino when compared to a land based casino has several advantages, which make it a far more profitable venture. Given below are some reasons which have contributed to the growth of online casinos:Currencies:An online casino accepts several different currencies so players of different nationalities can share the same virtual gaming room. For instance, an individual living in France can buy credit in Euro whereas a gamer living in the US can buy in USD. This eliminates the confusion and problem of having to first convert an unknown currency to one’s own before making a bet.Multilingual:All popular gambling sites provide multiple language support, so an individual who does not understand English can still play and enjoy without having to face language problems and communication issues. Some languages offered at the online casinos are- Chinese, Arabic, Czech, Dutch, Danish, English, Finnish, Estonian, French, Greek, German, Hebrew, Japanese, Italian, Norwegian, Korean, Polish, Russian, Portuguese, Spanish, Turkish and Swedish.Actual Money:Online casino players play with actual money, and consequently they are far more conscious of the value of their money in contrast to the ones who gamble with a heap of casino chips that don’t seem to have the same value. Unlike land casinos, online casinos encourage gamblers to gamble away far more money. Moreover, an online casino keeps flashing the amount the player has won or lost in addition to the amount left his account. This keeps the players in check and ensures that they do not lose track of their money.Free Casino Chips:In an attempt to attract more players, several Internet based casinos offer free money. Free bonuses may range from ten dollars to two thousand dollars. Offering players free match-play or no-deposit bonuses presents a wonderful incentive for gamblers to register accounts with such online casinos.Dress Code:Internet based casinos do not have a dress code. Since you are playing in a virtual environment, nobody cares about what you’re wearing. Therefore, people do not have to worry about dressing according to the social environment or selecting what to wear. Being able to be dressed in whatever one wants gives a greater sense of convenience and comfort.Better Payouts:An online casino does not require employing dealers, purchasing slot machines, gaming tables and buy a building, run a restaurant and bar, appoint security guards, and the like, consequently they normally have far lower overhead expenses and superior payouts for their customers than land casinos.Due of the aforementioned reasons, it is not tough to understand why an online casino can actually overtake it’s brick and mortar cousin in terms of profit and popularity.
Some good news for all casino lovers out there – now you can enjoy some quite novel online casino games at the Club Dice online casino. All this of course at the expense of going to a land based casino in person to play casino games. But whether you prefer playing online or at the live casino, you will certainly enjoy the Club Dice – which is a nice blend of both.The foremost thing that you will have to do for having the casino software within your accessibility is to go their online website. On the website, you can easily find the option of downloading the software and get started right away. As anyone would expect, the casino software is naturally free. This is one of the best aspects of playing online casinos in the comfort of your own home – you can always create a free account at the casino in question and check some of the casino games out before playing with your own hard-earned cash. When you become a depositing customer at Club Dice casino, you will attain a welcome bonus of $500 which is not bad. So be sure to check out this bonus offer while downloading the software.The owner of Club Dice Casino is iGlobal Media Entertainment Limited whereas, the managers of this new casino are Global Gaming Net – also known as GGN, which are among the most reputable and oldest in the business of the contemporary online gaming industry. The reputation of Club Dice Casino is at its highest due to its long-term association with these dignified online gaming firms. The casino is highly acknowledged on legal and official basis as it also has been licensed by the Gibraltar Government. The Gambling Commissioner of Gibraltar (under the Gambling Act of 2005) supervises the casino. The strict management and control makes sure that all transactions by customers and the daily operation of casino games remain absolutely unbiased and transparent.The foremost priority of Club Dice Casino is the satisfaction and trust of its customers and this is the reason that the most effective measures are taken keeping in view the trust and satisfaction of their customers. The management of Club Dice Casino looks forward to not only suggestions but also to questions and criticism. You can contact to the support personnel of Club Dice Casino at any time of the day whether by phone or by mail. Any query, suggestion, or complaint will be entertained with positivity and it shall be made sure a trustful and long-term relationship maintains with the customer. All the data and transactions are kept in secrecy provided the customer himself asks to see his or her records.A very different offer at Club Dice Casino is that of becoming a VIP member at the casino. The VIP member is further categorized in three sub-categories, which are Emerald, Diamond, and Black Diamond. By becoming a VIP member, one can enjoy more services and incentives than a regular customer. The percentage of bonuses, the options of promotions and the service support is taken to another level for the VIP members of Club Dice Casino.
Like any other enterprise, casinos focus on profit. However, their undertakings are varied and diverse than any other organization. The various activities in which a casino indulges include gambling, restaurants, hotels. Gambling in itself is quite complex comprising of various card games, machines and table games. The conversion of money to chips, given the large inflow of cash and the threat of thefts, is an art in itself. Apart from all this there is a lot of manpower involved. Being a licensed body, it is subjected to tax as well. To add to all this there is periodical auditing which determines the continuance of the license. Thus, opening and monitoring a casino requires a lot of homework to be done.Every casino, like any other organization, has a hierarchical structure. The top position in a casino can be of the owner or the Board of Directors. Generally, the casinos have some lower managers to take care of the various operations of the casino. These include the Manager of Finance, Manger of Food and Beverages, Manager of Casino Operations etc. the number of departments and managers depends on the size of the casino and the range of activities undertaken by it. Due to the huge cash flows, the accounting department of the casino is distinct from other departments. It has its own structure comprising of five levels which includes the clerks, cashiers, vault employees, financial managers, accountants and internal auditors.An important aspect of the gambling world is law. Information regarding controlling bodies and legislations are very important while administering a casino. These enactments and regulations provide licensing procedures, gaming rules etc.Like all other enterprises, accounting forms an integral part of the Casinos. Accounting, here aims at proper and exhaustive recording of all cash flows, prevention of theft while recording these transactions and analyzing the data for decision making. Fulfillment of all the above objectives is quite difficult as all the transactions are reported once a day and the bulk of this transaction is enormous. Fair accounting helps in an effective cost profit analyses of the casino, thus leading to better decision making. The revenue generated through the casino is an important source of income for the government. Tax acts as, both, a deterrent for gambling a source of income. Tax is imposed at the federal as well as the state level.The accounting process of the casino is evaluated by means of auditing. While regular internal audits are important, statutory audits are also conducted by gaming control agencies. Internal audits primarily help the casino to prevent cheating. Fraudulent activities can cost a casino its license, not to mention the goodwill and customers. independent auditors check the functioning of the casinos, especially when the casino trades publicly in stock. Most of the financial activities of the casino involves certified public accountants.Casinos are nowadays diversifying and evolving. Nevada and New Jersey are now becoming famous holiday spots for all and are no more mere gambling hubs. This diversification can prove to be profitable for the business only when the owners and proprietors are well aware of their decisions and their implications. Hence, thorough knowledge and information is a pre requisite for any profitable casino.