Think the pandemic has killed The state of nevada gambling revenue? Don’ t bet on it! The Nevada Gaming Control Board has released the numbers for September, and it’ s all good news! We had reported that gambling in the particular Silver State was on a six-month hot streak of generating over $1 billion a […]
Tag: Land Based Gaming and Casinos
Safer Gambling Week 2021
There is no doubt that the world loves gambling. It is a form of entertainment that has existed for a while and shows no signs of ever fading. This is because of the inherent concept of the activity – winning money. In society’s where cash is king, the idea of taking part in an activity […]
New Las Vegas Station Casino is Coming
There are confirmed plans for a new Las Vegas Station Casino. Currently, the company has six properties in and around Sin City. They recently received approval from the Clark County Commission for a new casino southwest of the Strip. Approval means construction could start early next year for the 200-room tower dubbed “Durango, a Station […]
Las Vegas Casinos on a Hot Streak
It’ s been a hell of a run for Las Vegas casinos lately! In fact, as we reported last week, they just took in over a billion dollars in gambling revenue for the sixth consecutive month! The longest ‘ hot streak’ ever for Vegas gambling was seven months, so there is a real opportunity to […]
Atlantic City Gambling Revenue up 30%
Casinos in New Jersey have reason to celebrate, as Atlantic City gambling revenue seems to have bounced back from the pandemic slump. The numbers from August are in and show a 31% growth from 2020, with nearly $430 million taken in. The New Jersey Division of Gaming Enforcement reports that while land based casinos generated […]
Nevada Casinos Top $1 Billion in August… Again
For the sixth month in a row Nevada casinos have generated over $1 billion in gambling revenue, putting them in prime position to reach $12 billion within revenue this year. This marks the second longest streak for the state of months with over a billion dollars in revenue. August saw $1. 16 billion for that […]
MGM Resorts to Buy Operation of the Cosmopolitan
MGM Resorts has announced an agreement with the Blackstone Group which will allow them to acquire operation of The Cosmopolitan at City Center on the Las Vegas Strip. The deal includes a cash consideration of over $1. 6 billion. What’ s unique about this agreement is that it separates the physical property from the operations […]
Gambling in America Seen as a Good Thing
Politicians may have opposed it for years, but gambling in America is viewed in the positive light by a majority of citizens… and that includes sports betting. According to data provided by the American Gaming Association, almost 70% of people think that the gaming industry conducts activities responsibly, and those who say the particular industry […]
Ohio Gambling Revenue Record in August
It may not be the largest market, but Ohio gambling revenue has joined the record breaking party, as over over $194 million was generated from gaming in the state in August. This was the third consecutive month for revenue records, as Monthly July generated over $211 million, while June was just short of $197 million. […]
Over 45 Million Americans to Bet on NFL Games
A record 45. 2 million Americans (18%) plan to bet on NFL games this season, according to research released today by the American Gaming Association (AGA). Compared to last year, 36 percent more Americans will place a bet on the league’s games this season. The sharp rise in betting plans this particular year can be […]