Industry Headlines

By Sadonna Price

Connecticut iGaming Industry Brings High Revenue Numbers

October 24, 2022

Summary Since October 2021, Connecticut has earned over $45m in revenues. Online casino gaming averages $3 million in monthly earnings. Problem-gambling hotline calls are up 134%. Connecticut legalized online sports betting and casino gaming back in October 2021 and within a year’s time frame, has seen great success from the services. Over $45 million in […]

By Sadonna Price

Caesars Announces Plans for Times Square Casino

October 21, 2022

Summary The 54-story tower is located at the heart of Times Square. A casino would attract more visitors to Midtown and encourage spending. The property would include a Broadway theater for The Lion King and other amenities. Times Square would be a perfect location for a New York casino, according to Caesars Entertainment. The company […]

By Sadonna Price

Live! Casino Philadelphia Fined for Players in Restricted Areas

October 20, 2022

Summary The casino allowed individuals to walk around in restricted areas. $10,000 in fines and $2,500 in costs were handed down by regulators. The enforcement action was a first for the casino since it opened in January 2021. An incident that occurred in 2021 at a Pennsylvania Casino known as Live! Casino and Hotel Philadelphia […]

By Sadonna Price

Treasure Chest Casino Breaks Ground in Kenner

October 19, 2022

Summary The casino will cost over $100 million to build. The property will replace an old river boat casino. The tentative opening date is 2024. In the past, one of the only options for casino gaming in many US states was riverboat facilities. State laws prohibited casinos on land in some areas, which led to […]

By Sadonna Price

Bally’s Chicago to Move Forward After Multi-Project Labor Agreement Signed

October 17, 2022

Summary The agreement involves the Chicago & Cook County Building and Construction Trades Council. Bally’s is committed to providing good-paying jobs to the city in the construction process. The PLA is a commitment by Bally’s to embrace organized labor for its new casino. Bally’s Corporation is steadily moving forward with the creation of a Illinois […]

By Sadonna Price

Michigan’s Land Casinos See Revenue Drop in September

October 13, 2022

Summary Three casinos earned $103.4 million in September. The third quarter closed with a 7% revenue decrease. MGM Grand Detroit led the market share at 48%. In the state of Michigan, there are only three commercial casinos in operation, all of which are located in Detroit. The venues usually fare well each month, generating earnings […]

By Sadonna Price

PENN Entertainment Announces New Hotels and Land-Based Move for US Casinos

October 10, 2022

Summary Riverboat casinos in Aurora and Joliet will move to land. Hollywood Columbus in Ohio will add a new hotel. A second hotel tower is coming to M Resort in Nevada. PENN Entertainment recently announced big plans for its operations in the United States. The gaming company will be moving two riverboat casinos in Illinois […]

By Sadonna Price

BetMGM Announces New NHL-Branded Games

October 7, 2022

Summary Roulette, Blackjack, and Baccarat are among the launched games. Players in New Jersey, Michigan, Pennsylvania, and Ontario have access to the online titles. The titles further the online casino brand’s relationship with the NHL. Top-rated online sports betting and casino gaming provider BetMGM has announced the growth of its gaming options in several states […]

By Sadonna Price

Gambling Tax Revenue Reaches $1bn in Indiana for 2022 Budget Year

October 6, 2022

Summary $1.04 billion earned in the 2021-22 fiscal year. The tax payments were 8% higher than the previous fiscal year. An increase in casino betting helped raise tax payments. Casino operations in the state of Indiana are doing well. The 2021-2022 fiscal report recently went public and shows that for the first time in ten […]

By Sadonna Price

Bally’s Chicago Casino Plans Under Scanner After Alderman Questions Documentation

October 5, 2022

Summary Bally’s traffic study for Chicago casino under scanner Alderman questions authenticity and validity of report Bally’s commissioned its own traffic study for the casino site A new traffic study commissioned by Bally’s Corporation was dismissed by Alderman Brendan Reilly for being inaccurate. Reilly demanded an independent, third-party review of the report that approved the […]