By Sadonna Price Casino Gambling Revenues Improve Drastically in Puerto Rico for 2022 November 29, 2022 Summary Fiscal year revenues increased by 38.89%. The industry has shown stabilization after closures from the pandemic. Consistent year of operations yields positive results. The gambling industry in Puerto Rico is doing well. The Government Gaming Commission recently revealed the earnings for the domestic casinos in the region, with earnings of over $355 million recorded. […]
By Sadonna Price Mass. Gaming Commission Reviewing Casino Laws Amidst Expansion Plans November 23, 2022 Summary Wynn Resorts wants to build a new poker room and betting parlor. The referendum might conflict with Encore’s plans. The commission might not have jurisdiction over the new facilities. Gaming regulators in Massachusetts are reviewing the 2013 referendum that was passed in Everett to allow the creation of the Encore Boston Harbor casino. Legal […]
By Sadonna Price Bally’s Corp. Announces Chicago Casino Property Sale and Lease-back Deal November 22, 2022 Summary Bally’s sell’s Chicago casino property site for $500m. The company plans to lease back the property to operate the casino over a 99-year term. The private equity firm that now owns the property will provide $300m in funding for the project. Bally’s Corporation announced this week that it has sold the property it plans […]
By Sadonna Price Online Slots Hit Huge Highs for Pennsylvania in October November 18, 2022 Summary Gambling revenue jumped over 5% year-on-year in October. Total revenues reached $450.2 million. Online slots generated over $86 million. The gambling industry in Pennsylvania is doing well, with the Gaming Control Board reporting the October gaming totals this week. Overall, the industry generated just over $450 million with online slot gaming helping to push […]
By Sadonna Price Empire City Casino Announces 2022’s Biggest Jackpot Winner November 16, 2022 Summary Walter is from Yonkers and won after betting $20 on Wheel of Fortune Triple Stars The IGT game produced the biggest win so far at the casino this year. Empire City Casino is known for big wins. The largest jackpot of 2022 has been won at Empire City Casino in Yonkers, New York. The […]
By Sadonna Price WarHorse Casino October Figures Show Demand for Casino Gaming in Nebraska November 15, 2022 Summary The casino made over $4 million for the month. Slot machine payout percentages were not provided to the state. Estimates suggest nearly $1 million was wagered per day at the casino in October. After an amazing first week of services, the WarHorse Casino in Lincoln, Nebraska continued to do well for the entire month […]
By Sadonna Price New Poll Shows New Jersey Residents OK with Casino Smoking November 11, 2022 Summary Farleigh Dickinson University survey shows adult residents want smoking privileges to remain as-is. Over 50% of those surveyed are happy with the current smoking situation. Some even favor allowing expanding smoking. Over the past few years, a hot topic of debate within United States casinos is smoking. Most venues are relatively smoke free, with […]
By Sadonna Price US Commercial Casino Revenue Reaches New Quarterly Record November 10, 2022 Summary AGA’s Commercial Gaming Revenue Tracker counts the earnings. The new record beats the 2022 Q2 earnings of $14.81 billion. 2022 should surpass 2021 as the highest grossing revenue year for commercial casino gaming. The United States commercial gaming industry is booming in 2022. The American Gaming Association (AGA) uses its Commercial Gaming Revenue Tracker […]
By Malik Freeman Las Vegas Casinos Are Expect Significant Revenue Decline in 2023 November 4, 2022 Summary Fitch Ratings predicts drop in revenue for casinos on the Vegas strip Gaming markets showing strong recovery post-pandemic will suffer bigger losses Overall outlook remains positive with operators in good shape to deal with a pullback Casinos on the Las Vegas Strip will experience a slump in gaming revenue in 2023 even after enjoying […]
By Sadonna Price North Dakota Gov. Rejects Tribes Request for Exclusive iGaming Rights November 3, 2022 Summary Governor says state law does not allow the tribes to have exclusive iGaming rights. The state is endorsing the change for legal gambling age to 19. Credit and debit cards will also be allowed for betting American Indian tribes in North Dakota requested exclusivity when it comes to online gambling and sports betting in […]
