Industry Headlines

By Jayson Peter

Two Florida Groups Spend $54m Collectively to Push Gambling Petitions

December 13, 2021

Summary Both groups needs to reach almost 900,000 verified signatures to qualify a referendum for the 2022 ballot. FanDuel and DraftKings are part of the effort to see sports betting launched in the state on a commercial level. Las Vegas Sands and the Poarch Creek Band of Indians have also contributed financially to the effort. […]

By Sadonna Price

AGA Reveals 2021 US Gaming Revenues Hit New Record

December 10, 2021

Summary So far, US commercial casinos have generated $44.15 billion. This total does not include November and December totals. The increase in revenues helped the coffers of 23 states out of 25 that offer land-based casinos. The Commercial Gaming Revenue Tracker of the American Gaming Association (AGA) shows the state-by-state revenue figures for commercial casinos […]

By Sadonna Price

Atlantic City Casino Workers Take Smoke Fight to Trenton

December 9, 2021

Employees and anti-smoking groups call out legislators for not covering the smoking issue but pushing other items through like tax breaks for casinos. The groups want to see legislators pass S1878 in the senate and A4541 in the Assembly. Casinos say they will lose revenues if smoking is banned permanently throughout the venues. Smoking has […]

By Sadonna Price

Ohio Casinos and Racinos Hit Record High in November

December 8, 2021

The casinos and racinos of Ohio have enjoyed a fruitful year. After a devastating 2020, with casinos shut down or open with minimal operations, the venues have made a comeback this year. So far, $2.11 billion in gambling revenues have been earned, with December still to go. Once the November totals were revealed, the operators […]

By Sadonna Price

GLPI Agrees to Cordish Asset Deal Valued at $1.81 Billion

December 7, 2021

Summary The agreement includes three properties: one in Maryland and two in Pennsylvania. Once the deal is completed, GLPI will lease back the venues to Cordish. Stock analysts see the deal as a positive and an ongoing trend within the industry. Gaming and Leisure Properties (GLPI) portfolio is about to become much bigger. In a […]

By Sadonna Price

Atlantic City PILOT Bill Moves Forward in the Senate

December 6, 2021

Summary No financial analysis has been made public regarding the bill. The legislation seeks to remove sports and online gaming from revenues that determine the PILOT level for payment. The goal of the amendment is to help provided continued stability to the gaming industry. Bills to amend the casino payment by Atlantic City operators who […]

By Sadonna Price

Renewed Effort Begins to Bring a Casino to Richmond, Virginia

December 3, 2021

Summary A new survey reviews how residents voted in the rejected referendum Residents are being asked if the casino were to move to Petersburg would it be approved Richmond City Councilwoman Reva Trammell is collecting signatures for another referendum In November, the residents of Richmond, Virginia rejected a referendum that would bring a casino by […]

By Sadonna Price

Will Wind Creek Win South Chicago Casino Licensing?

December 2, 2021

Summary An independent study has confirmed that Wind Creek’s plan offers the most benefits for the south suburbs. The plan would offer a casino with slot and table gaming along with a Four-Diamond hotel The proposed development is in a busy area where around 80 million vehicles pas through annually The battle for a Chicago […]

By Mihajlo Ivanovic

West Virgina Sets New Record For Online Gaming Revenue In October

December 1, 2021

Summary West Virginia does record online gaming business in October Online gaming brings in $6.4 million in revenue Gaming analysts expect another strong month in November One of the reasons West Virginia decided to legalize online gambling was to generate more revenues for the state coffers. Legislators who pushed for online gambling legalization will be […]

By Sadonna Price

Fight for Slidell Casino Heats Up as Voting Day Approaches

November 30, 2021

Early voting is underway for a new casino in the St. Tammany Parish region, with residents able to vote yes or no for the Camellia Bay Resort and Casino in Slidell. The fight for and against the Louisiana casino is heating up, as commercials, billboards, and signs show up in the parish by opponents and […]