Ameristar Casinos, Inc. (Nasdaq: ASCA) today announced record fourth quarter and annual 2006 financial results.
Highlights
* All-time records for fourth quarter consolidated net revenues,
operating income, EBITDA, net income and diluted earnings per share(1)
* Fifth consecutive year of record annual consolidated net revenues,
operating income and EBITDA, as well as net income and diluted earnings
per share after adjustment for loss on early retirement of debt(1)
* Fourth quarter EBITDA increased 6.4% to $66.1 million
* Fourth quarter diluted earnings per share grew 24.0% to $0.31
* 2006 adjusted diluted earnings per share grew 15.5% to $1.34
* Exceeded diluted earnings per share guidance for the quarter and year
by $0.05
John Boushy, CEO and President, stated: "2006 was the most prosperous year in our company's history. Our record fourth quarter performance was achieved while the entire Ameristar team mourned the loss of our founder, Chairman and CEO, Craig H. Neilsen. He leaves us a tremendous legacy and a strong foundation for future growth.
"Over the next three to five years, our goal is to double our EBITDA. We intend to grow through our continued commitment to being the most profitable operator in our markets along with high-quality investments that produce attractive incremental returns at existing properties. Additionally, we expect to capture strong, unmet demand for the Ameristar experience by aggressively pursuing acquisition opportunities in new locations that diversify our revenue base and increase our profitability.
"Our record fourth quarter and annual financial results are a testament to our ability to profitably grow the Ameristar brand by providing the highest quality facilities in our markets and the most complete entertainment experience for our guests. The dedication of our 7,200 team members to constantly deliver excellent guest experiences is truly inspiring. Our commitment to quality clearly differentiates us from our competition."
Consolidated Selected Quarterly and Annual Financial Data
(Amounts in Millions, Except Per Share Data)
(Unaudited)
Three Months Ended Year Ended
December 31, December 31,
2006 2005 % Change 2006 2005 % Change
Gross revenues $287.8 $295.9 (2.7%) $1,197.2 $1,151.5 4.0%
Promotional
allowances (43.7) (52.1) (16.1%) (196.9) (190.1) 3.5%
Net revenues $244.1 $243.8 0.1% $1,000.3 $961.4 4.1%
Operating income $42.0 $39.7 5.8% $171.5 $168.7 1.7%
Net income $17.8 $14.3 24.7% $59.6 $66.3 (10.1%)
Diluted earnings
per share $0.31 $0.25 24.0% $1.04 $1.16 (10.3%)
EBITDA $66.1 $62.1 6.4% $265.4 $254.1 4.5%
Fourth Quarter Summary
Ameristar's record quarterly financial results were largely driven by the following three factors:
* In 2006, Ameristar Black Hawk achieved record fourth quarter financial
results in every key performance measure. Our Black Hawk property
experienced significant growth in business volume and strong
improvement in financial performance since its rebranding on April 1,
2006. The property's financial results also benefited from the absence
of construction disruption that adversely impacted performance for the
fourth quarter of 2005.
* Ameristar Vicksburg's 2006 fourth quarter business volumes and
financial performance surpassed all quarterly results prior to
Hurricane Katrina. This exceptional performance was achieved despite
the reopening of several Gulf Coast casinos during 2006. The decline
in our Vicksburg property's 2006 fourth quarter performance from the
prior-year fourth quarter resulted from the substantial increase in our
business volumes during the 2005 fourth quarter when virtually all
Mississippi Gulf Coast casinos were closed in the aftermath of the
hurricane.
* Our record consolidated fourth quarter financial results reflect our
success in maximizing profitability. We continued to see the positive
impact from our efforts to utilize promotional allowances and labor
more efficiently. Promotional allowances decreased at all our
properties as a percentage of gaming revenues, and we expect this trend
to continue in 2007.
Building for Future Growth
Capital expenditures for the 2006 fourth quarter totaled $76.0 million. These expenditures were mostly funded with cash from operations and, to a lesser extent, with borrowings under our revolving loan facility. Capital expenditures during the fourth quarter included $31.7 million related to the expansion at Ameristar St. Charles described below, $11.4 million for capital improvement projects at Ameristar Black Hawk, $7.7 million for the acquisition of slot machines and $3.1 million related to our expansion at Ameristar Vicksburg.
Construction continues to progress at Ameristar St. Charles on our 400- room, all-suite hotel with an indoor/outdoor swimming pool and a 7,000 square- foot full-service spa, and an additional 2,000-space parking garage. The hotel is designed to surpass four-diamond quality standards and we believe it will be the premier hotel in greater St. Louis. The total cost of these projects and the recently completed conference facilities is expected to be $265.0 million, representing an increase of $25.0 million over the original budget. The revised cost estimate is mostly attributable to upgraded design and finishes intended to enhance the guest experience, greater-than- anticipated site preparation costs and an increase in the cost of materials. The completion dates are projected to be the first quarter of 2007 for the initial 1,000 spaces of the parking garage and December 2007 for the hotel and the remainder of the project. We believe these new amenities will allow us to further enhance our competitive position in the St. Louis market.
The construction of the four-diamond-quality hotel is progressing at Ameristar Black Hawk. The 33-story tower's 536 well-appointed, oversized rooms will feature upscale furnishings and amenities. The tower will include a versatile meeting and ballroom center and will also have Black Hawk's only full-service spa, an enclosed rooftop swimming pool and indoor/outdoor whirlpool facilities. Once completed, Ameristar Black Hawk will offer destination resort amenities and services that we believe are unprecedented in the Denver gaming market. The hotel's completion date has been delayed until the second quarter of 2009, primarily due to unforeseen site conditions and inclement weather. The cost of the hotel is expected to be $220.0 million, representing an increase of $40.0 million over the previous budget. The revised cost estimate is mostly attributable to an increase in materials costs, the unforeseen site conditions and upgraded finishes and amenities designed to enhance the guest experience.
We are continuing to progress with a casino and parking expansion project at Ameristar Vicksburg. Construction on the casino expansion, which will add 800 gaming positions, a VIP club, retail space and a parking garage to the property, is now expected to be completed by mid-2008 due to complexities associated with dry-docking the vessel. We believe these improvements will help to alleviate long-standing capacity constraints, provide more convenient access and increase our long-time market dominance in Vicksburg. The cost of the casino expansion project is expected to be $95.0 million. In addition to the Vicksburg projects noted above, we will soon commence a $12 million renovation of the hotel.
The Black Hawk and Vicksburg projects may experience additional delays and/or cost increases due to unforeseeable site conditions and complexities associated with dry-docking the vessel, respectively.
In addition to internal capital expenditure projects, we continue to aggressively pursue external expansion opportunities to broaden our overall distribution and increase scale and diversification. In the near term, we are focusing on the potential acquisition of existing casino-entertainment properties that can be improved through the implementation of our development and operational expertise. We will also consider new development opportunities in existing and emerging domestic and select international markets. Longer term, we contemplate large development projects in major national markets.
Outlook
Based on our preliminary results of operations in January 2007 and our outlook for the remainder of the quarter, we currently estimate operating income of $44 million to $46 million, EBITDA of $68 million to $70 million (based upon anticipated depreciation expense of $24 million), interest expense of $12 million and diluted earnings per share of $0.34 to $0.36 for the first quarter of 2007.
For the year ending December 31, 2007, we currently estimate operating income of $176 million to $184 million, EBITDA of $272 million to $280 million (based upon anticipated depreciation expense of $96 million), interest expense of $45 million and diluted earnings per share of $1.41 to $1.49.
These estimates take into account anticipated construction disruption at Black Hawk, Vicksburg and St. Charles associated with the projects described above as we position them for future growth. Additionally, the estimates of operating income, EBITDA and diluted earnings per share include projected stock-based compensation expense (on an after-tax basis) of $1.7 million for the first quarter of 2007 and $6.9 million for the full year 2007, which we expect to adversely impact diluted earnings per share by $0.03 and $0.12 for the first quarter and full year 2007, respectively.
Conference Call
We will hold a conference call to discuss our fourth quarter results and guidance for the first quarter and full year 2007 at 5:00 p.m. Eastern Time on February 1, 2007. The call can be accessed live by dialing (800) 310-6649. It can be replayed until February 9, 2007 at 3:00 a.m. Eastern Time by dialing (888) 203-1112 and using the access code number 4306024. Interested parties wishing to listen to the live conference call and view informative slides on the Internet may do so on our web site -- http://www.ameristar.com -- in "About Ameristar/Investor Relations" under the "Quarterly Results Conference Calls" section.
Forward-Looking Information
This press release contains certain forward-looking information that generally can be identified by the context of the statement or the use of forward-looking terminology, such as "believes," "estimates," "anticipates," "intends," "expects," "plans," "is confident that" or words of similar meaning, with reference to Ameristar or our management. Similarly, statements that describe our future plans, objectives, strategies, financial results or position, operational expectations or goals are forward-looking statements. It is possible that our expectations may not be met due to various factors, many of which are beyond our control, and we therefore cannot give any assurance that such expectations will prove to be correct. For a discussion of relevant factors, risks and uncertainties that could materially affect our future results, attention is directed to "Item 1A. Risk Factors" and "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the year ended December 31, 2005 and "Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2006.
On a monthly basis, gaming regulatory authorities in Iowa, Mississippi and Missouri currently publish gross gaming revenue and certain other financial information for the gaming facilities that operate within their respective jurisdictions. Because various factors in addition to our gross gaming revenue (including operating costs, promotional allowances and corporate and other expenses) influence our operating income, EBITDA and diluted earnings per share, such reported information, as it relates to Ameristar, may not accurately reflect the results of our operations for such periods or for future periods.
About Ameristar
Ameristar Casinos, Inc. is a leading Las Vegas-based gaming and entertainment company known for its premier properties characterized by innovative architecture, state-of-the-art casino floors and superior dining, lodging and entertainment offerings. Ameristar's focus on the total entertainment experience and the highest quality guest service has earned it a leading market share position in each of the markets in which it operates. Founded in 1954 in Jackpot, Nevada, Ameristar has been a public company since November 1993. The company has a portfolio of seven casinos in six markets: Ameristar St. Charles (greater St. Louis); Ameristar Kansas City; Ameristar Council Bluffs (Omaha, Nebraska and southwestern Iowa); Ameristar Vicksburg (Jackson, Mississippi and Monroe, Louisiana); Ameristar Black Hawk (Denver metropolitan area); and Cactus Petes and the Horseshu in Jackpot, Nevada (Idaho and the Pacific Northwest).
Visit Ameristar Casinos' web site at http://www.ameristar.com
(which shall not be deemed to be incorporated in or a part of this
news release).
(1) EBITDA, adjusted net income and adjusted diluted earnings per share
are non-GAAP financial measures that are reconciled to GAAP financial
measures in the tables at the end of this release.
AMERISTAR CASINOS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Amounts in Thousands, Except Per Share Data)
(Unaudited)
Three Months Year
Ended December 31, Ended December 31,
2006 2005 2006 2005
REVENUES:
Casino $242,389 $248,832 $1,008,311 $974,178
Food and beverage 31,768 33,099 131,795 125,918
Rooms 6,608 6,593 27,972 25,355
Other 7,016 7,384 29,082 26,041
287,781 295,908 1,197,160 1,151,492
Less: Promotional allowances 43,738 52,117 196,862 190,134
Net revenues 244,043 243,791 1,000,298 961,358
OPERATING EXPENSES:
Casino 105,526 110,662 439,101 431,101
Food and beverage 17,346 17,634 68,744 66,299
Rooms 1,776 1,540 6,780 6,454
Other 3,981 4,312 18,749 16,503
Selling, general and
administrative 48,781 47,379 200,588 186,050
Depreciation and
amortization 24,031 22,355 93,889 85,366
Impairment loss on assets
held for sale 581 186 931 869
Total operating
expenses 202,022 204,068 828,782 792,642
Income from
operations 42,021 39,723 171,516 168,716
OTHER INCOME (EXPENSE):
Interest income 631 298 2,746 830
Interest expense, net (12,151) (15,592) (50,291) (60,913)
Loss on early retirement
of debt -- ( 1,890) (26,264) (2,074)
Net gain (loss) on
disposition of assets 570 (110) 683 (1,655)
INCOME BEFORE INCOME TAX
PROVISION 31,071 22,429 98,390 104,904
Income tax provision 13,238 8,129 38,825 38,619
NET INCOME $17,833 $14,300 $59,565 $66,285
EARNINGS PER SHARE:
Basic $0.32 $0.26 $1.06 $1.19
Diluted $0.31 $0.25 $1.04 $1.16
CASH DIVIDENDS DECLARED
PER SHARE $0.09 $0.08 $0.38 $0.31
WEIGHTED AVERAGE SHARES
OUTSTANDING:
Basic 56,227 55,906 56,155 55,664
Diluted 57,538 57,061 57,327 57,127
AMERISTAR CASINOS, INC. AND SUBSIDIARIES
SUMMARY CONSOLIDATED FINANCIAL DATA
(Dollars in Thousands)
(Unaudited)
Three Months Year
Ended December 31, Ended December 31,
2006 2005 2006 2005
Consolidated cash flow
information
Net cash provided by
operating activities $30,640 $44,710 $169,048 $197,459
Net cash used in
investing activities (71,294) (50,530) (237,681) (175,849)
Net cash provided by
(used in) financing
Activities 26,556 29,189 63,138 (1,988)
Net revenues
Ameristar St. Charles $68,716 $70,500 $284,841 $286,028
Ameristar Kansas City 63,442 61,885 252,991 247,586
Ameristar Council Bluffs 44,476 45,787 181,840 186,367
Ameristar Vicksburg 32,053 37,929 135,236 126,089
Jackpot Properties 16,680 15,518 68,698 63,939
Ameristar Black Hawk 18,676 12,172 76,692 51,349
Consolidated net revenues $244,043 $243,791 $1,000,298 $961,358
Operating income (loss)(1)
Ameristar St. Charles $15,005 $14,070 $64,842 $63,268
Ameristar Kansas City 11,949 9,577 47,625 48,226
Ameristar Council Bluffs 13,364 13,406 50,950 56,452
Ameristar Vicksburg 10,809 13,887 43,630 38,812
Jackpot Properties 2,662 2,012 12,812 10,851
Ameristar Black Hawk 2,170 (1,250) 7,555 304
Corporate and other (13,938) (11,979) (55,898) (49,197)
Consolidated operating
income $42,021 $39,723 $171,516 $168,716
EBITDA(1)(2)
Ameristar St. Charles $21,833 $20,680 $91,493 $89,510
Ameristar Kansas City 17,667 15,150 70,009 69,235
Ameristar Council Bluffs 16,743 16,588 64,201 68,638
Ameristar Vicksburg 13,832 16,896 55,788 50,696
Jackpot Properties 3,817 3,152 17,209 15,209
Ameristar Black Hawk 5,214 698 19,251 6,699
Corporate and other (13,054) (11,086) (52,546) (45,905)
Consolidated EBITDA $66,052 $62,078 $265,405 $254,082
AMERISTAR CASINOS, INC. AND SUBSIDIARIES
SUMMARY CONSOLIDATED FINANCIAL DATA - CONTINUED
(Dollars in Thousands)
(Unaudited)
Three Months Year
Ended December 31, Ended December 31,
2006 2005 2006 2005
Operating income margins(1)(3)
Ameristar St. Charles 21.8% 20.0% 22.8% 22.1%
Ameristar Kansas City 18.8% 15.5% 18.8% 19.5%
Ameristar Council Bluffs 30.0% 29.3% 28.0% 30.3%
Ameristar Vicksburg 33.7% 36.6% 32.3% 30.8%
Jackpot Properties 16.0% 13.0% 18.6% 17.0%
Ameristar Black Hawk 11.6% (10.3%) 9.9% 0.6%
Consolidated operating income
margin 17.2% 16.3% 17.1% 17.5%
EBITDA margins(1)(2)
Ameristar St. Charles 31.8% 29.3% 32.1% 31.3%
Ameristar Kansas City 27.8% 24.5% 27.7% 28.0%
Ameristar Council Bluffs 37.6% 36.2% 35.3% 36.8%
Ameristar Vicksburg 43.2% 44.5% 41.3% 40.2%
Jackpot Properties 22.9% 20.3% 25.1% 23.8%
Ameristar Black Hawk 27.9% 5.7% 25.1% 13.0%
Consolidated EBITDA margin 27.1% 25.5% 26.5% 26.4%
(1) On January 1, 2006, we adopted SFAS No. 123(R), which requires the
recognition of compensation expense in an amount equal to the fair
value of share-based payments (e.g., stock options) granted to
employees. For the quarter and year ended December 31, 2006, the
adoption of SFAS No. 123(R) resulted in a non-cash operating expense
of $1.2 million and $7.8 million, respectively.
(2) EBITDA is earnings before interest, taxes, depreciation and
amortization. EBITDA is presented solely as a supplemental disclosure
because management believes that it is a widely used measure of
operating performance in the gaming industry and a principal basis
for the valuation of gaming companies. Our credit agreement also
requires the use of EBITDA as a measure of compliance with our
principal debt covenants. In addition, management uses
property-level EBITDA (EBITDA before corporate expense) as the
primary measure of our operating properties' performance, including
the evaluation of operating personnel. EBITDA margin is EBITDA as a
percentage of net revenues. EBITDA should not be construed as an
alternative to income from operations (as determined in accordance
with GAAP) as an indicator of our operating performance, as an
alternative to cash flows from operating activities (as determined in
accordance with GAAP) as a measure of liquidity, or as an alternative
to any other measure determined in accordance with GAAP. We have
significant uses of cash flows, including capital expenditures,
interest payments, taxes and debt principal repayments, which are not
reflected in EBITDA. It should also be noted that not all gaming
companies that report EBITDA calculate EBITDA in the same manner as
we do.
(3) Operating income margin is operating income (loss) as a percentage of
net revenues.
RECONCILIATION OF OPERATING INCOME (LOSS) TO EBITDA
(Dollars in Thousands)
(Unaudited)
The following table sets forth a reconciliation of operating income (loss), a GAAP financial measure, to EBITDA, a non-GAAP financial measure.
Three Months Year
Ended December 31, Ended December 31,
2006 2005 2006 2005
Ameristar St. Charles:
Operating income $15,005 $14,070 $64,842 $63,268
Depreciation and amortization 6,828 6,610 26,651 26,242
EBITDA $21,833 $20,680 $91,493 $89,510
Ameristar Kansas City:
Operating income $11,949 $9,577 $47,625 $48,226
Depreciation and amortization 5,718 5,573 22,384 21,009
EBITDA $17,667 $15,150 $70,009 $69,235
Ameristar Council Bluffs:
Operating income $13,364 $13,406 $50,950 $56,452
Depreciation and amortization 3,379 3,182 13,251 12,186
EBITDA $16,743 $16,588 $64,201 $68,638
Ameristar Vicksburg:
Operating income $10,809 $13,887 $43,630 $38,812
Depreciation and amortization 3,023 3,009 12,158 11,884
EBITDA $13,832 $16,896 $55,788 $50,696
Jackpot Properties:
Operating income $2,662 $2,012 $12,812 $10,851
Depreciation and amortization 1,155 1,140 4,397 4,358
EBITDA $3,817 $3,152 $17,209 $15,209
Ameristar Black Hawk:
Operating income (loss) $2,170 $(1,250) $7,555 $304
Depreciation and amortization 3,044 1,948 11,696 6,395
EBITDA $5,214 $698 $19,251 $6,699
Corporate and other:
Operating loss $(13,938) $(11,979) $(55,898) $(49,197)
Depreciation and amortization 884 893 3,352 3,292
EBITDA $(13,054) $(11,086) $(52,546) $(45,905)
Consolidated:
Operating income $42,021 $39,723 $171,516 $168,716
Depreciation and amortization 24,031 22,355 93,889 85,366
EBITDA $66,052 $62,078 $265,405 $254,082
RECONCILIATION OF REPORTED NET INCOME AND DILUTED EARNINGS PER SHARE TO
ADJUSTED NET INCOME AND ADJUSTED DILUTED EARNINGS PER SHARE
(Dollars in Thousands, Except Per Share Data)
(Unaudited)
The following table sets forth a reconciliation of reported net income and diluted earnings per share to adjusted net income and adjusted diluted earnings per share, which are non-GAAP financial measures.
Year Ended
December 31,
2006 2005
Adjusted Net Income(1):
Net income $59,565 $66,285
Loss on early retirement of debt, net of tax of $9,192 17,072 --
Adjusted net income $76,637 $66,285
Adjusted Diluted Earnings Per Share (1):
Diluted earnings per share $1.04 $1.16
Loss on early retirement of debt, net of tax of $9,192 0.30 --
Adjusted diluted earnings per share $1.34 $1.16
(1) Adjusted net income and adjusted diluted earnings per share exclude
the loss on early retirement of our senior subordinated notes in
February 2006. The adjusted amounts are presented solely as
supplemental disclosures because management believes that they are
widely used measures of operating performance in the gaming industry
and we consider these to be better measures on which to base
expectations of our future results than reported net income and
diluted earnings per share. It should be noted that not all gaming
companies that report adjusted net income and adjusted diluted
earnings per share calculate these amounts in the same manner as we
do.
In addition to online casino news hot off the presses, OCN shows you the best first deposit bonuses at the best online casinos on the web. We've spared you the search by putting together a list of the latest and greatest first deposit bonuses around. So, all you have to do is click and enjoy!
| Name | First Deposit |
|---|
| 500$ |
| 100% match upto $200 |
| up to 350$ |
| 100% up to 400$ |
| 300% uo to 300€ |
| 100% up to 200$ |
| 1000% |
Most Recommended Casino Books
Reuters reported recently that the United States is not worried about having to pay $100 billion in ...
The release of a new game is always a special event in the gambling industry, but when Microgaming, ...
The sixth annual European i-Gaming Congress and Expo got underway at the spacious Barcelona Diagonal...
The United States government released proposed guidelines for the Unlawful Internet Gambling Enforce...
On October 1, 2007 the Federal Reserve and the Department of the Treasury released their joint repor...
Although the passage of the UIGEA last year made it difficult for American players to gamble online,...
Are the new lax gambling laws causing more and more Britons to be under the sway of compulsive gambl...
You may have a surprise in your Full Tilt Poker Account today! After recent allegations that bots we...
Coming off a 26th-place finish at the World Series of Poker, Rancho Mirage's Roy Winston won the Bor...
But the Gloucester Township homemaker never expected another fight -- this time with bureaucrats -- ...
It should come as a surprise to no one that charity-poker games have emerged in recent years as an i...
Spurred by the three-month success of high stakes poker, the Naples-Fort Myers Greyhound Track’s pok...
Online Casino Group Betfair has announced that it has boosted its IT energy efficiency to support it...
Rumors have been circulating for a while now about the future of 32Red.com and its Gibraltar-based B...
CryptoLogic has announced that they have received exclusive rights to make slots and other casino ga...
Since the beginning of the U.S. Presidents first term, the Bush administration has been trying to ke...
The coastal casino in the State of Mississippi have had a diffilcutl few years, yet it seems that th...
Her Majesty Queen Elizabeth II recently found that not only was she one of the most richest women in...
It seems that there is no limit to how low some online casinos can go in order to secure a profit. V...
After a 10-month investigation into the slimy world of Internet "casinos or sports books", Americas ...
It looks like the team behind Online-Casinos.com want to make their online casino portal a fun place...
Positive Experience Begins Even Before Guests Step Out of Their Cars at Harrah's, St. Louis Casino &...
Penghu, a set of islets off Taiwan, is trying to be the next Macao by building a casino town to lure...
The battles against the draconian UIGEA seems to be gaining momentum in the world courts. Here are t...
The Online Casino industry has experienced the worst setback that it ever has since UIGEA. However, ...
The recent British Online Gambling Act has sent the online casino industry into a flurry of exciteme...
As agreed by all interested parties, the hearing that was to take place on the issue of repealing th...
eCOGRA, the world's Internet Pilce Officer, has announced that it approves of the measures taken in ...
Playtech has announced that its Cheif Financial Officer, Shuki Barak, is leaving the group. ...
The Gambling Act is the first peice of legislation that has been passed in the UK about gambling. Wh...
Have you committed a crime in order to pay gambling debts? When you gamble, do you go back another d...
America’s Attorney General Alberto Gonzales has at long last bowed to pressure and has resigned from...
As of today, online gambling in the United Kingdom, as well as advertising from online casino operat...
PartyGaming PartyGaming published their first-half interim results this week, reporting an expected ...
In papers filed today, the US District Court of New Jersey, Trenton Division, has granted a motion o...
Malta is the next online casino superpower, it seems. Here is the storty how a little country draws ...
For some addicts, a casino can be the root of all evils. For others, a fix can come from visiting th...
The new piece of legislation banning advertisements in the UK has caused some stir in the online gam...
Pachinko has become one of the most popular games in the world. Here are a few tips that will help y...
| Name | Payout | |
|---|---|---|
 |
Club Vegas USA | 99%
|
 |
||
 |
LuckyAce Casino | 98.3%
|
|
||
 |
Rushmore Casino | 97.2%
|
|
||
 |
Club USA Casino | 97.5%
|
|
||
 |
Cool Cat Casino | 98%
|
|
||
 |
LuckyAce Poker | 99.4%
|
|
||
 |
Las Vegas USA | 97.33%
|
|
||
Online Casino News - news
from the world of
online casinos RSS Feed.
The OCN directory is currently in development and will be available soon. If you are interested in adding a link, just click on the “Add Link” button. Thanks for your patience.
You do not need prior permission to link to any of the pages on this site. Limited copyright is granted for you to use and/or republish any of the articles on this site for any legitimate media purpose as long as you reference OCN as the source, and include a link referring the reader to the OCN site.