Press Release Summary = GamingIndustryStocks.com Reviews Revenue Building Strategies from Harrah's Entertainment, Boyd Gaming, Shuffle Master, and MGN Technologies
Press Release Body = Casino Growth through Mergers and Acquisitions, Property Development, Wireless and Online Technology, and Improving the Gaming Experience
GamingIndustryStocks.com Reviews Revenue Building Strategies from Harrah's Entertainment, Boyd Gaming, Shuffle Master, and MGN Technologies POINT ROBERTS, WA, April 6th, 2006 - www.GamingIndustryStocks.com (GIS) an investor and industry news portal for the gaming sector, presents a feature entitled Casino Strategies for Growth, a review on revenue building strategies within the casino and entertainment industry. Companies in this arena are looking both domestically and internationally for continued growth through various channels such as new and existing property development, consolidation strategies as well as technology and programs to improve the overall gaming experience. Casino and entertainment companies Boyd Gaming, Harrah's Entertainment, and gaming technology firms MGN Technologies and Shuffle Master look to a combination of revenue generating strategies to reach their growth expectations. Worldwide casino gaming revenues are expected to reach over $100 billion in 2009, according to a report by PricewaterhouseCoopers. A key driver of growth for many casinos entails the continued development of new and existing properties in both domestic and foreign markets. Boyd Gaming's (NYSE: BYD), Rob Stillwell, Vice President Corporate Communications explains, "At any given time we are expanding our existing product portfolio, and building completely brand new products."
Harrah\'s Entertainment Inc. looks to the identification and entrance into new markets as a key component of their growth strategy according to spokesman David Strow, "Harrah's is primarily internationally focused which they see representing the largest growth channel. Currently Harrah's is pursuing bids in countries such as the Bahamas, Spain, Slovenia, with our largest proposal planned for Singapore."
Increasing revenue from existing customers and growing this base to new levels is a priority among many casinos. Mark Jensen, CEO of MGN Technologies (OTCBB: MGNLF) describes their efforts to enable new directions for casinos, "We offer a turnkey online marketing program to land-based casinos to generate new customers and retain existing customers. We use branded online and mobile games as the draw for players. We brand online and mobile casino games such as slots and poker with the casino's brand and build an online marketing strategy around the new gaming site."
Looking towards innovation in alternative content delivery systems as a driver to further growth is Shuffle Master Inc. (NASDAQ: SHFL), "In the future we feel wireless gaming will be a very important growth driver as an alternative content delivery system providing both the casino and player with benefits that are not currently available on a live game," explains Kirsten Clark, Shuffle Master's Director of Marketing.
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Gaming Industry Portal Sponsor: (GIS is compensated by MGN Technologies as disclosed in disclaimer.)
MGN Technologies, Inc. d.b.a Mobile Gaming Now. (OTCBB: MGNLF) is a gaming software developer and marketer focused on the online and mobile casino gaming market. The Company operates its own gaming sites as well as licenses its gaming platform to strategic partners. Players can play for free, play for prizes or play for money. For More Info: http://www.gamingindustrystocks.com/CO/MGNLF/Default.asp
Additional Investor Research Resources: Our Current List of Gaming Industry Stocks: http://www.gamingindustrystocks.com/GIS/Stock_List.asp
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For more information contact: Dawn Van Zant 800.665.0411 Ann-Marie Fleming 866.725.2554 Email: dvanzant@investorideas.com, or afleming@investorideas.com
Contact Details = For more information contact: Dawn Van Zant 800.665.0411 Ann-Marie Fleming 866.725.2554 Email: dvanzant@investorideas.com, or afleming@investorideas.com
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