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Indiana Public Media

Terre Haute's new casino opens April 5

Terre Haute's casino will open April 5. The celebration begins at 10:30 a.m. with a ribbon-cutting ceremony, followed by the opening of several food and beverage offerings. The 122-room hotel grand opening is scheduled for May 15. The location will be the 12 owned and operated by Louisville-based Churchill Downs and the first in Indiana. Vice…
Finance
Terre Haute's new casino opens April 5
Super Slots
The Detroit News

Michigan leads the nation in this type of gambling

Atlantic City, N.J. - Michigan is No. 1 when it comes to online gambling. The Great Lakes State generated $1.92 billion in annual internet gambling revenue last year, edging New Jersey by just $115500 to become the largest internet gambling market in the country, according to the American Gaming Association. Overall, online gaming generated $6.17…
Finance
Michigan leads the nation in this type of gambling
bridgemi.com

Michigan bet big on online gambling. We’re now No. 1

Michigan is the No. 1 state for online gambling after an explosive 22% jump last year, according to data compiled by the American Gaming Association and released this week. Bettors wagered a combined $1.92 billion through online gaming in Michigan last year - about $115000 more than in No. 2 New Jersey, the industry association said in a new…
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Wild Casino

$5,000 Welcome Bonus

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wdet.org

Detroit casino revenue remains down in November

Detroit's three casinos reported $79.1 million in revenue for the month of November - down nearly 24% from November of last year. According to the Michigan Gaming Control Board, $76 million of the $79.1 million in monthly aggregate revenue (AGR) for the month of November was generated from table games and slots, and $3.1 million from retail sports…
Finance
Detroit casino revenue remains down in November
Play NJ

U.S. casinos won record $66.5B in 2023 as gamblers show no economic fear

America's commercial casinos won $66.5 billion from gamblers in 2023, the industry's best year ever, according to figures released by its national trade association Tuesday. The American Gaming Association said that total was 10% higher than in 2022, which itself was a record-setting year. When revenue figures from tribal-owned casinos are released…
Finance
U.S. casinos won record $66.5B in 2023 as gamblers show no economic fear
US Bets

Fanatics Casino Launches In Michigan

Fanatics Casino launched in Michigan on Thursday, giving the operator a foothold in three of the six states where online casino is currently legal. The rollout came in conjunction with Fanatics Sportsbook launching mobile sports betting in the Wolverine State. For internet casino gaming, Fanatics Casino was already available…
Finance
Fanatics Casino Launches In Michigan
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Leigh Valley Live

U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear

America's commercial casinos won $66.5 billion from gamblers in 2023, the industry's best year ever, according to figures released by its national trade association Tuesday. The American Gaming Association said that total was 10% higher than in 2022, which itself was a record-setting year. When revenue figures from tribal-owned casinos are released…
Finance
U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear
bnnbreaking.com

A Record Jackpot: America's Casinos Hit $66.5 Billion in 2023 Amidst Inflation Woes

Imagine walking into the vibrant, cacophonous world of a casino. The sound of slot machines ringing in harmony with cheers from the craps table fills the air. This scene, replicated across the United States, has not only survived an inflation-hit economy but thrived, with American casinos raking in a staggering $66.5 billion in 2023. This figure…
Finance
A Record Jackpot: America's Casinos Hit $66.5 Billion in 2023 Amidst Inflation Woes
Yogonet

Bristol's Hard Rock Casino records lowest monthly revenue since opening in January

The Hard Rock Bristol casino experienced a downturn in revenue in January, marking its lowest revenue month to date, according to data released by the Virginia Lottery. The casino, which is set to relocate to a new permanent location later this year, saw adjusted revenue from slot machines drop below $10 million for the first time. The Virginia…
Finance
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iGaming Business

Pennsylvania gambling revenue edges up year-on-year in January

Revenue was up from $464.4m in January 2023 but 10.7% behind the $534.2m generated in Pennsylvania in December. This revenue comprises land-based slot and table games, online gambling sports betting, video lottery terminals (VLTs) and fantasy sports. Physical slots remain the primary source of gambling revenue in Pennsylvania at $179.5m, down 11.2%…
Finance
Pennsylvania gambling revenue edges up year-on-year in January
The Northwest Arkansas Democrat Gazette

U.S. casinos’ $66B year a record

ATLANTIC CITY, N.J. -- America's commercial casinos won $66.5 billion from gamblers in 2023, the industry's best year ever, according to figures released by its national trade association Tuesday. The American Gaming Association said that total was 10% higher than in 2022, which itself was a record-setting year. When revenue figures from…
Finance
U.S. casinos’ $66B year a record
Fortune

Viva Las Vegas: commercial casinos revealed record-setting revenues of $66.5 billion

America's commercial casinos won $66.5 billion from gamblers in 2023, the industry's best year ever, according to figures released by its national trade association Tuesday. The American Gaming Association said that total was 10% higher than in 2022, which itself was a record-setting year. When revenue figures from tribal-owned casinos are released…
Finance
Viva Las Vegas: commercial casinos revealed record-setting revenues of $66.5 billion
WTAE

Casinos won over $66 billion in 2023, their best year ever

America's commercial casinos won $66.5 billion from gamblers in 2023, the industry's best year ever, according to figures released by its national trade association Tuesday.The American Gaming Association said that total was 10% higher than in 2022, which itself was a record-setting year.When revenue figures from tribal-owned casinos are released…
Finance
Casinos won over $66 billion in 2023, their best year ever
TRENDING BRANDS
FOX 10 News

US casinos win big in 2023

Despite fears of inflation, gamblers put their money where their mouths were in 2023, bringing record profits to gambling houses. ATLANTIC CITY, N.J. - America's commercial casinos won $66.5 billion from gamblers in 2023, the industry's best year ever, according to figures released by its national trade association Tuesday. The American Gaming…
Finance
US casinos win big in 2023
Trip Pub

U.S. casinos enjoyed record-breaking $5.3 billion March

With inflation high, fuel prices on the rise, and the pandemic still dealing Americans a bad hand, U.S. casinos are cleaning up on gamblers looking for a lucky break. The American Gaming Association reported Wednesday that commercial casinos took a record $5.3 billion off of bettors in March. The American gambling industry's largest trade group…
Finance
U.S. casinos enjoyed record-breaking $5.3 billion March
US Bets

Connecticut Internet Casino Revenue Tops $41 Million For January

The Connecticut Department of Consumer Protection reported internet casino gross revenue totaling close to $41.5 million for January, an increase of 37.3% compared to the opening month of 2023. It is the second straight month iGaming operator winnings cleared $40 million, though January's figure fell well short of December's record $44.2 million.…
Finance
Connecticut Internet Casino Revenue Tops $41 Million For January
Casino.org

What's The Difference Between Investment & Gambling Anyway?

The last few years have seen gambling and investing merge as meme stocks, dogecoin, and tesla options have all blurred the distinction between the two. So what's the real difference between investment and gambling? Investments should have a fair anticipation of reward over time, while gambling is seen as random and shorter term. Being able to…
Finance
What's The Difference Between Investment & Gambling Anyway?
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statista.com

Top grossing casino gaming titles 2023

Monopoly Go! was the top-grossing casino game worldwide in September 2023, generating over 87 million U.S. dollars through in-app purchase revenues. Coin Master was ranked second with 55.9 million U.S. dollars in monthly IAP revenue. Statista Accounts: Access All Statistics. Starting from $2148 USD / Year Overview 7 Consumer behavior 6 Top social…
Finance
Greensboro News And Record

Danville Casino sees slight drop in revenues in January

Danville Casino's monthly revenues decreased by more than $2 million in January from the previous month, according to the latest figures released Thursday by the Virginia Lottery. The casino took in a total of about $17.2 million the first month of this year - about $2.5 million less than December's $19.74 million, according to figures. That $17.2…
Finance
Danville Casino sees slight drop in revenues in January
The Day

Casinos’ slots revenue took hit from January storms

Bad weather in January was blamed for a year-over-year dip in slot-machine revenues at the casinos. Foxwoods Resort Casino announced Friday it "won," or kept, $25.3 million in slots revenue last month after paying out prizes, a decrease of 9.6% over the $28 million it kept the same month a year earlier. Mohegan Sun reported this week it kept $35.6…
Finance
Penn Live

Claim $100 in Casino Credits or $2,000 in Bonus Funds at DraftKings

For those new to DraftKings Online Casino in Pennsylvania, there's a golden opportunity to kickstart your gaming journey with a bang. Choose from a 100% match on your deposit up to a whopping $2000 in Bonus Funds or a more conservative, equally tempting, 100% match up to $100 in Casino Credits. Both options are designed to double your fun and…
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InvestorsObserver

Should You Sell Las Vegas Sands Corp. (LVS) in Resorts & Casinos Industry?

Las Vegas Sands Corp. (LVS) is around the top of the Resorts & Casinos industry according to InvestorsObserver. LVS received an overall rating of 47, which means that it scores higher than 47 percent of all stocks. Las Vegas Sands Corp. also achieved a score of 86 in the Resorts & Casinos industry, putting it above 86 percent of Resorts &…
Finance
Should You Sell Las Vegas Sands Corp. (LVS) in Resorts & Casinos Industry?
Mass Live

MGM reports $20 million in slot, table revenue for January

SPRINGFIELD - MGM Springfield reported collecting $20.7 million in gross gambling revenues from slot machines and table games during January, according to the Massachusetts Gaming Commission, which released the revenue figures Thursday. That is down from $23.6 million the casino received in revenues for December and from the $22.8 million recorded…
Finance
iGaming Business

Chile casinos revenue climb 9.1% to CLP513.7m in 2023

The sharp rise in gross gaming revenue (GGR) across the country's 25 venues was helped by 7.1 million people visiting casinos in Chile in 2023, a 12% increase compared to the previous year. The average expense per visit was CLP$76042, although this was a 12% decrease in the average expense per visit seen in 2022. The overall rise in GGR was despite…
Finance
iGaming Business

Betsson posts record 2023 results following casino surge

Betsson saw revenue grow by 22% to €948.2m during the year to 31 December 2023. Revenue was up 40% organically. Sportsbook revenue of €267.0m grew by 7% compared to €250.6m in 2022. Deposits of €5.01bn were up 37% over the 2022 figure. Over the course of the year, EBITDA was up 52% to €262.7m from €172.4m in 2022. The EBITDA margin was 27.7%,…
Finance
WV News

West Virginia Lottery and casinos generate more than $1 billion annually to support many programs locals rely on

CLARKSBURG, W.Va. (WV News) - Adding together table games, racetrack betting, sports wagers, video lottery games and the rest of the industry, more than $1.3 billion was spent playing the lottery in West Virginia last year. The West Virginia Lottery in its entirety contributes more than $500 million to the state each year, with another $700 million…
Finance
West Virginia Lottery and casinos generate more than $1 billion annually to support many programs locals rely on
The Philadelphia Inquirer

Pennsylvania reports recording gaming revenue driven by online casinos, sportsbooks

Pennsylvania reported a record $432.5 million in gambling revenue in November, up 48% from pre-pandemic numbers two years ago and the eighth straight month of elevated revenue following the widespread rollout of COVID-19 vaccines. Almost all of the growth over the last two years has been in new online forms of gaming, including such casino games as…
Finance
Pennsylvania reports recording gaming revenue driven by online casinos, sportsbooks
Las Vegas Advisor

New Slots To Play and Have Fun

This post is syndicated by the Las Vegas Advisor for the 888 casino group. Anthony Curtis comments on the 888 article introduced and linked to on this page. A.C. says: Despite the fact that slots are the most-played gambling game in American casinos, we don't talk a lot about them. The reason is simple: With few exceptions, slots aren't beatable…
Finance
New Slots To Play and Have Fun
Morning Star

Should You Bet on Online Gambling Stocks Now?

Ivanna Hampton: Here's what's ahead on this week's Investing Insights. An off-the-field sports rivalry is brewing ahead of game day. What FanDuel's parent's latest play means for the online gambling industry. Plus, Meta unveils its first dividend. Find out if the tech company's stock falls into the cheap or expensive category. And, want to stop…
Finance
Should You Bet on Online Gambling Stocks Now?
The Reporter

Pennsylvania gaming revenue exceeds the half-billion dollar mark in March

HARRISBURG - For the first time since legalized gambling began in 2006, monthly revenue for Pennsylvania's gaming revenue has topped the half-billion dollar mark. The Pennsylvania Gaming Control Board reported Tuesday that the combined total revenue generated from all forms of gaming in the state, along with fantasy contests, totaled $515.3 million…
Finance
Pennsylvania gaming revenue exceeds the half-billion dollar mark in March
focusgn.com

Lithuanian gambling revenue up 13.5% year-on-year

Gambling revenue was €222.2m in 2023. Lithuania.- The Lithuanian Gambling Supervisory Authority has reported that gambling revenue in the country reached €222.2m in 2023. That's a rise of 13.5 per cent year-on-year from €195.8m in 2022. The growth was driven by online gambling, while land-based gambling revenue fell slightly. Online gambling…
Finance
Lithuanian gambling revenue up 13.5% year-on-year
Chicago Tribune

January gambling revenues up at Bally's but down statewide

The new year is off to a promising start for Bally's Chicago, which saw gambling revenue hit a new monthly high in January, bucking a broader post-holiday downturn for Illinois casinos. In January, revenue at the temporary Medinah Temple casino grew 9.1% to $9.3 million in adjusted gross receipts, according to monthly data released Wednesday by the…
Finance
January gambling revenues up at Bally's but down statewide
iGaming Business

Nevada gambling revenue hits record $15.52bn in 2023

The 2023 total was comfortably ahead of the existing Nevada record of $14.84bn, which was set in 2022. Breaking down the past year, land-based slots were by the primary source of revenue. The $10.28bn generated in 2023 was 2.8% higher than in the previous year. Some $5.97bn of all slot revenue came from multi-denomination games, while penny slots…
Finance
Chicago Tribune

Bally’s pushes Medinah temporary casino opening to September

Anyone who took the over bet on when the Bally's Chicago temporary casino at Medinah Temple would open is looking like a winner. The target date, which has already been pushed back several months, is now slated for September, the company said during its second quarter earnings call Thursday. "Obviously we're a little delayed from what we…
Finance
Bally’s pushes Medinah temporary casino opening to September
The BayNet

Maryland Casinos Generate $153.2 Million In Gaming Revenue During January

BALTIMORE - Maryland's six casinos combined to generate $153243316 in revenue from slot machines and table games during January 2024, a decrease of $14027082 (-8.4%) compared to January 2023. Casino gaming contributions to the state in January 2024 totaled $63154392, a decrease of $7573776 (-10.6%) compared to January 2023. Contributions to the…
Finance
Southern Maryland News Net

Maryland Casinos Generate $153.2 Million in Gaming Revenue During January 2024

Maryland's six casinos combined to generate $153243316 in revenue from slot machines and table games during January 2024, a decrease of $14027082 (-8.4%) compared to January 2023. Casino gaming contributions to the state in January 2024 totaled $63154392, a decrease of $7573776 (-10.6%) compared to January 2023. Contributions to the Education Trust…
Finance
iGaming Business

Online growth drives Lithuania gambling revenue in 2023

Total revenue was comfortably ahead of the €195.8m reported in Lithuania in the. The national regulator, the Gaming Control Authority, detailed online growth while land-based revenue was slightly lower in 2023. Online gambling generated €148.4m in revenue during 2023, up by 22.0% year-on-year. In contrast, land-based revenue reached €73.8m, which…
Finance
Gambling

New Jersey Online Casino Revenue Over $170 Million, Breaking Record

October 2023 was a massive month for revenue, raking in $166 million, but November 2023 was even higher, smashing all previous records. According to the New Jersey Division of Gaming Enforcement data released this past Friday, online casinos reported revenues of $171.6 million, a new state record and 17.4% higher than November 2022. In 2022, online…
Finance
New Jersey Online Casino Revenue Over $170 Million, Breaking Record
Hindustan Times

India aims to collect $1.7 billion from online gambling tax in FY25

Indian expects to collect up to 140 billion rupees ($1.7 billion) in goods and services tax (GST) next financial year by taxing online gambling companies, Revenue Secretary Sanjay Malhotra told Reuters on Saturday. The government in October imposed a 28% tax on funds that online gaming companies collect from their customers for every bet, shocking…
Finance
India aims to collect $1.7 billion from online gambling tax in FY25
SBC Americas

Illinois Online Casino Bill Assigned to House Committee

Lawmakers in Illinois are making another attempt to bring online casinos to the Land of Lincoln. A piece of legislation that would authorize regulated iGaming in Illinois has been introduced in the state's House. The bill, which was first filed in 2023, has now been assigned to the House's Gaming Committee. House Bill 2239, sponsored by Rep. Edgar…
Finance
Illinois Online Casino Bill Assigned to House Committee
outkick.com

Vegas Casinos Earn Record Gambling Revenue

Las Vegas casinos continue to print money like it's going out of style. There's an old saying in Las Vegas: "Those multi-billion dollar resorts and casinos weren't built by winners." All those beautiful properties tourists enjoy so much were built by massive gambling revenue when people throw down cash and lose. We've all been there. You're sitting…
Finance
Vegas Casinos Earn Record Gambling Revenue
The Nevada Independent

Nevada casinos again shatter revenue record, bring in $15.5B in 2023

Strip casinos had their most lucrative year at $8.9 billion. Also, Las Vegas visitation tops 40.8 million and Reid Airport sets passenger record. For the third straight year, Nevada casinos shattered the state's annual gaming revenue record. The Gaming Control Board on Wednesday said casinos statewide collected $15.5 billion in gaming revenue in…
Finance
Nevada casinos again shatter revenue record, bring in $15.5B in 2023
iNtergame

Groupe Partouche growth fuelled by slot revenue

The company's annual accounts up to October 31 also showed turnover of €423.8m, up nine per cent, and an EBITDA increase of 0.7 per cent to €76.1m. The group said the performance was fuelled by growth in slot machine revenue of 7.6 per cent, the GGR of electronic forms of traditional games in France - up 20.3 per cent - and online games in…
Finance
Gaming Intelligence

South Dakota gambling tops $1.5 billion in 2023

Gambling turnover in South Dakota grew by 4 per cent to $1.55 billion in 2023, with December's turnover coming in at $107.5 million. South Dakota's December total marked an 18 per cent improvement on the same month a year ago, but was the lowest monthly total of 2023. Slot machine handle increased by 17 per cent to $98.2 million in December, the…
Finance
NBC10 Philadelphia

Delaware Park Casino reveals $10 million renovation

Delaware Park Casino celebrates completing $10 million worth of renovations and upgrades. The casino held a ribbon-cutting ceremony on Thursday which included guest speakers, mummer's performances, vegas-style showgirls and more. The casino space now consists of new slot machines, table games, bars and restaurants. Guests can enjoy the extended…
Finance
Delaware Park Casino reveals $10 million renovation
outliermedia.org

How much money Detroit casinos lost during last year’s strikes

The financial impact of this past fall's Detroit casino workers' strikes is clearer with the release of new earnings figures. Workers walked away with wage and benefits gains without causing much long-term impact on the casinos' revenue. City of Detroit Deputy Chief Financial Officer and Budget Director Steve Watson said in a statement to Outlier…
Finance
How much money Detroit casinos lost during last year’s strikes
iGaming Business

Svenska Spel to close Casino Cosmopol in Gothenburg and Malmö

With the rise of online casino causing Casino Cosmopol's visitor numbers to fall in recent years, the Swedish land-based casino brand of Svenska Spel has decided to permanently close the doors on two of its three venues to "limit losses". Union negotiations will now be held before a final decision is made. The Gothenburg and Malmö closures mean the…
Finance
Svenska Spel to close Casino Cosmopol in Gothenburg and Malmö
schiffgold.com

Wildest Inflation Red Flag: Vegas Table Limits

Anyone who has been to a restaurant, a grocery store, or the car lot during the Biden administration can't deny the reality of inflation. But despite what the federal government is saying about the success of its anti-inflation efforts red flags for inflation keep popping up in the strangest places. Take the Las Vegas Strip. Casinos on the Strip,…
Finance
Wildest Inflation Red Flag: Vegas Table Limits
tristatealert.com

Nearly 12.5% jump in PA's December gaming revenue drives continued record gambling revenues

24 January 2024- The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming, along with fantasy contests, during December 2023 was $534215808, an increase of 12.47% compared to revenue generated in December 2022 The total revenue for December was a record high for a month eclipsing…
Finance
Nearly 12.5% jump in PA's December gaming revenue drives continued record gambling revenues
Review Journal

Why does Las Vegas have resort fees?

One of travelers' top complaints about Las Vegas comes down to a seemingly small fee: the resort fee. Direct booking and travel service sites don't include this additional fee - sometimes up to $50 - in the advertised room rate for resorts on the Strip and beyond. But nearly all major properties now have the additional charge. But what do they…
Finance
Why does Las Vegas have resort fees?
World Casino News

NetEnt’s XXXtreme Mechanic Evolution of Online Slots

It has been a hugely exciting few years in slot development, with studios in a battle to innovate and come up with new mechanics. Big Time Gaming's Megaways engine sparked this trend, and it has led to countless inventions that have helped push the evolution of slots forward. NetEnt has always been a pioneer in the industry, and the Swedish studio…
Finance
NetEnt’s XXXtreme Mechanic Evolution of Online Slots
WNEP

Pennsylvania gambling hits record revenues

Gambling in December took the state gaming industry to a new record in revenue. HARRISBURG, Pa. - The Pennsylvania Gaming Control Board (PGCB) says December broke a record for gaming revenue in the state. According to a release from the board, the record was fueled by a nearly 28% increase in iGaming revenues. Total gambling revenue increased 9.3%…
Finance
Pennsylvania gambling hits record revenues
Eye On Annapolis

The Biggest Gambling Losses

As casino players, we naturally like to think about big winnings in gambling. However, despite all the hopes of big winnings, we must not forget the risk of losing, which is just as much a part of gambling as the chance of a big win. Although it is now possible to start playing crypto online casino games risk-free and without making a deposit, for…
Finance
The Biggest Gambling Losses
World Casino News

Nebraska Casinos Collected $89 Million In Income In 2023

Nebraska's first entire year of casino gambling was a triumph in terms of profits collected. Income collected from Lincoln's WarHorse Casino: When it comes to the details of the income collected, Nebraska's 4 racetrack casinos generated almost $8.9 million in income in the last month of 2023, which is the second consecutive record monthly sum. In…
Finance
Nebraska Casinos Collected $89 Million In Income In 2023
York Dispatch

Revenue up at Hollywood Casino York last year, tops $100M

Buoyed by gains in slot machine and sports wagering revenue, Hollywood Casino York saw a 6.9% increase in overall revenue for 2023. The Springettsbury Township casino brought in $100.4 million in 2023, up from the $93.9 million brought in during 2022, an increase of $6.4 million, according to figures from the Pennsylvania Gaming Control…
Finance
Yogonet

Pennsylvania 2023 gambling revenue hits record $5.7 billion, driven by iGaming surge

Pennsylvania's gambling industry achieved a new milestone in 2023, reporting a record-breaking $5.69 billion in revenue, marking a 9.3% increase from the previous year's high of $5.21 billion. According to data released by the Pennsylvania Gaming Control Board, the corresponding tax revenue reached a record $2.34 billion, surpassing the 2022 figure…
Finance
iGaming Business

Pennsylvania gambling revenue hits record $5.70bn in 2023

The 2023 figure was 9.3% higher than the existing record of $5.21bn, which was set during 2022. Combined revenue in Pennsylvania includes slot machines, table games, sports wagering, igaming, video gaming terminals (VGTs) and fantasy contests. Physical slots continued to lead the way in terms of revenue in Pennsylvania, with revenue here rising…
Finance
Pennsylvania gambling revenue hits record $5.70bn in 2023
The Morning Call

Wind Creek Bethlehem contributes to record gaming revenue in Pa.

The Pennsylvania Gaming Control Board reported record combined revenue in 2023 while Wind Creek Bethlehem remained among the state's top casinos for table games and slots. The board said Thursday that combined revenue for the year was $5.7 billion. That total consists of slots, table games, sports wagering, internet gaming, video gaming terminals…
Finance
EGR

Ontario handle hits C$17.2bn in Q3 as online casino accounts for lion’s share of market

Ontario's regulated gambling market reported total wagers of C$17.2bn ($12.7bn) in Q3 of fiscal year 2023-24. Data released by released by iGaming Ontario (iGO), a subsidiary of Alcohol and Gaming Commission of Ontario (AGCO), revealed a 21% increase in wagers from the previous quarter. The reporting period for Q3 ran from October 1 to December 31,…
Finance
Ontario handle hits C$17.2bn in Q3 as online casino accounts for lion’s share of market
EGR

Online casino legalization not included in New York Governor’s 2025 state budget

Online gaming legalization has been dealt a potential setback following the publication of New York State Governor Kathy Hochul's executive budget for 2025. Igaming was not included as part of Governor Kochul's budget, which totals $233bn for the year, representing a 4.5% year-on-year (YOY) increase. The budget included no mention of the projected…
Finance
Online casino legalization not included in New York Governor’s 2025 state budget
The Day

Foxwoods posts healthy increase in December slots revenue

Foxwoods Resort Casino's slot-machine revenue in December was up 9% over the same month the previous year, a performance its top executive attributed to recent upgrades of the property and aggressive marketing. The Mashantucket Pequot-owned casino "won," or kept, $32.6 million after paying out prizes. Jason Guyot, Foxwoods' president and chief…
Finance
Yogonet

New York: Governor Hochul excludes online casino from 2025 budget, dealing major blow to legalization prospects

New York Governor Kathy Hochul's executive budget for 2025 has dealt a substantial blow to the prospects of legalizing online casino sites in the state,especially for Senator Joseph Addabbo's Senate Bill S8185. Similar to last year, Hochul did not include potential tax revenue from online casino expansion in her budget, significantly impacting the…
Finance
US Bets

Bally's Chicago Casino Posts $7.6M In November Revenue

The Illinois Gaming Board reported Thursday that Bally's temporary casino in downtown Chicago generated $7.6 million in adjusted gross revenue in November, a figure that was practically flat compared to its first full month of wagering in October. Bally's separately pointed out its gross gaming revenue for November was $8.9 million, noting what it…
Finance
Bally's Chicago Casino Posts $7.6M In November Revenue
US Bets

New York Governor Fails To Include Online Casino In Budget

Just days after New York State Sen. Joseph Addabbo introduced iCasino legislation for the second year in a row, Gov. Kathy Hochul effectively put the kibosh on it for 2024. In her annual budget, Hochul did not include any mention of online casino legalization or the potential $475 million in annual tax revenue Addabbo projects. By not including it…
Finance
New York Governor Fails To Include Online Casino In Budget
postregister.com

New Jersey Gambling Revenue

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Finance
New Jersey Gambling Revenue
Game Industry News

Slotozen Is A Marvelous Internet Casino For Australian Riskers

On chilly winter days, when it's snowing outside and the roads are covered with ice, people often want to stay home under a blanket. According to our team, you can meet your wants and needs by having fun at slotozencasino.net is a virtual club that welcomes customers from Australia and New Zealand with open arms. Are you interested in iGaming…
Finance
Northern Nevada Business Weekly

F1 fans send Strip casinos to second-highest gaming revenue month

The Formula One Las Vegas Grand Prix drove Strip casinos to their second-largest gaming revenue month of all time during November. The Gaming Control Board said Dec. 28 that the four-day event, which began Nov. 16, helped produce almost $821 million in gaming revenue for Strip casinos during the month, a 22.6 percent increase from November 2022. In…
Finance
iGaming Business

New Jersey reintroduces bills on racetrack slots and advertising

Senator Joseph Pennacchio's bill, called SCR14, is an amendment looking to introduce slot machines at New Jersey racetracks. The bill also says revenue would be utilised to support the state in areas such as casinos and horse racing, as well as improvements to Atlantic City. Pennacchio has introduced the bill on numerous occasions before, as far…
Finance
New Jersey reintroduces bills on racetrack slots and advertising
SBC Americas

Study Makes Case for Online Casino Wagering in Indiana

Indiana gaming regulators are evaluating the potential inclusion of internet casino wagering. The Indiana Gaming Commission has teamed up with Spectrum Gaming Group to deliver an updated study on the potential impact of internet casino gaming in the Hoosier State. In 2022, the IGC summoned Spectrum to conduct a study on iGaming in Indiana and, a…
Finance
Study Makes Case for Online Casino Wagering in Indiana
Southern Maryland News Net

Maryland Casinos Generate $165.6 Million in Gaming Revenue During December

Maryland's six casinos combined to generate $165629163 in revenue from slot machines and table games during December 2023, an increase of $454064 (0.3%) compared to December 2022. Casino gaming contributions to the state in December 2023 totaled $70195007, an increase of $508501 (0.7%) compared to December 2022. Contributions to the Education Trust…
Finance
WTOP

Maryland casinos reverse fall gambling decline

Gaming revenue picked up for Maryland's casinos in December, after two months of year-over-year declines. Maryland Lottery and Gaming reports Maryland's six casinos generated $165.6 million in gaming revenue from slot machines and table games in December, up 0.3% from December 2022. Maryland collects $70.2 million of that for state-funded programs,…
Finance
Maryland casinos reverse fall gambling decline
WXYZ

Detroit casinos report nearly $120M in revenue last month, $1.237B for 2023

DETROIT (WXYZ) - During December of 2023, Detroit's three casinos reported $116.2 million in monthly aggregate revenue (AGR) with $111.4 million generated solely from table games and slots, and $4.8 million from sports betting. According to the Michigan Gaming Control Board (MGCB), December's revenue among the three casino's represents the…
Finance
PokerNews

Casino Revenue Soars as Vegas Grapples With Complex F1 Legacy

The Las Vegas Strip recorded impressive growth in gaming revenue in November 2023 as Formula 1's whirlwind motoring circus sped into town. The 4-day event, which attracted around 300000 spectators, led to a boom in casino gambling, with the Nevada Gaming Control Board recently announcing gaming revenue of over $820m in November - a 23% increase…
Finance
Casino Revenue Soars as Vegas Grapples With Complex F1 Legacy
US Bets

Slots Drag Indiana Casino Revenue Below $200M For November

A sharp decline in revenue from slots and EGD play contributed to the end of a four-month run of casino revenue above $200 million in Indiana, according to November figures released by the Indiana Gaming Commission. The overall win of nearly $196.2 million last month was 5.5% off October's total of $207.6 million and the lowest since February's…
Finance
Slots Drag Indiana Casino Revenue Below $200M For November
iGaming Business

Maryland casino revenue increases 5% to $165.6m for December

December revenue in Maryland was 5% higher than the $157.7m accumulated in November. Contributions to the state also increased from $69.7m to $70.2m. MGM National Harbor continues to lead the six privately-owned casinos in the state, producing $70.8m of revenue in December. Live! Casino & Hotel wasn't far behind with $60.6m, with a big gap between…
Finance
Maryland casino revenue increases 5% to $165.6m for December
US Bets

Ohio Casinos, Racinos Saw Revenue Bump From 2022 Last Month

Ohio's casinos and racinos in November couldn't match the prior month's revenue, but they made more money than they did the year before, according to monthly revenue data. The reports from the Ohio Casino Control Commission and the Ohio Lottery showed the four casinos' slots and table games and seven racinos' VLT machines combined for $186.1…
Finance
Ohio Casinos, Racinos Saw Revenue Bump From 2022 Last Month
The BayNet

Maryland Casinos Generate $165.6 Million In Gaming Revenue During December

BALTIMORE - Maryland's six casinos combined to generate $165629163 in revenue from slot machines and table games during December 2023, an increase of $454064 (0.3%) compared to December 2022. Casino gaming contributions to the state in December 2023 totaled $70195007, an increase of $508501 (0.7%) compared to December 2022. Contributions to the…
Finance
World Casino News

Online Gambling in Portugal Breaks the Revenue Records

The online gambling revenue in Portugal keeps increasing, and the new quarterly record has been broken. In the third quarter, Portugal earned €215.3 million (£185.6m/$235.4m), according to the country's gambling regulator Gaming Regulation and Inspection Service (SRIJ). The land-based casinos' revenue also increased, but sports betting in Portugal…
Finance
Online Gambling in Portugal Breaks the Revenue Records
Nola

New Orleans casino revenue drops in September, while state sees gains

Winnings at New Orleans-area casinos were 21.4% lower in September than a year ago, because of Hurricane Ida related closings. Revenue from the three riverboat casinos, Harrah's and the slots at the Fair Grounds were $26.5 million in September, according to figures recently released by the Louisiana Gaming Control Board. That compares to $33.7…
Finance
New Orleans casino revenue drops in September, while state sees gains
SBC Americas

Maine Online Casino Bill Up For Discussion in 2024

Maine only launched a regulated sports betting market in November but further expansion is already on the agenda as lawmakers consider a bill carried over from the previous session. LD 1777, filed by Rep. Laura Supica, seeks to allow tribal nations to offer online casino gaming on an exclusive basis in a similar fashion to the states' current…
Finance
Maine Online Casino Bill Up For Discussion in 2024
The Globe and Mail

The house always wins, which makes casino stocks a good bet

There's an old and irrefutable saying: "The house always wins." It refers to the fact that casinos and online betting sites consistently make money, while gamblers almost always end up losing sooner or later. A 2013 study by The Wall Street Journal estimated that 13.5 per cent of players that go to physical casinos come out ahead. Few of those…
Finance
The house always wins, which makes casino stocks a good bet
Forbes

Casino Stocks Rally As Macau Gambling Revenues Come In Strong

You'll be asked to sign into your Forbes account.Got it While investors greeted the first day of 2023 trading with big selling in classic tech favorites like Apple and Advanced Micro Devices, buyers showed up in large numbers among the classic casino names. This, after Macau reported "gross gaming revenues" increased 333% in 2023 versus 2022. Those…
Finance
Casino Stocks Rally As Macau Gambling Revenues Come In Strong
InvestorsObserver

Is Las Vegas Sands Corp. (LVS) a Bad Choice in Resorts & Casinos Tuesday?

A rating of 48 puts Las Vegas Sands Corp. (LVS) near the middle of the Resorts & Casinos industry according to InvestorsObserver. Las Vegas Sands Corp.'s score of 48 means it scores higher than 48% of stocks in the industry. Las Vegas Sands Corp. also received an overall rating of 36, putting it above 36% of all stocks. Resorts & Casinos is ranked…
Finance
Is Las Vegas Sands Corp. (LVS) a Bad Choice in Resorts & Casinos Tuesday?
iGaming Business

New Jersey monthly gaming revenue continues to decline

Gambling revenue in New Jersey increased 9.4% year-on-year in November, however monthly revenue continues to decline in H22023. Total gaming revenue reported by New Jersey's casinos, racetracks and their partners was $482.4m (€442m/£380m) for November 2023. The figures were published by the New Jersey Division of Gaming Enforcement. While this…
Finance
New Jersey monthly gaming revenue continues to decline
oversteer48.com

Las Vegas Grand Prix is second-most lucrative month EVER for casinos, official report shows

The inaugural Las Vegas Grand Prix, held in November 2023, was the hottest topic on the Formula 1 calendar this year. And whilst Las Vegas locals are angry about the disruption it caused to their everyday lives, the casino owners have a very different view on the event. An official report published by the Nevada Gaming Control board shows the Vegas…
Finance
Las Vegas Grand Prix is second-most lucrative month EVER for casinos, official report shows
Review Journal

F1 race fueled record gaming win in November 2023

Clark County reported a record $1.215 billion in gaming win for November, the Nevada Gaming Control Board reported Thursday. The high total was 14.3 percent more than November 2022 and was largely due to the inaugural appearance of the Formula One Las Vegas Grand Prix Nov. 16-18. It's likely to fuel the debate over the benefits of the race that…
Finance
finbold.com

Passive Income Diamond: Find Out How Scorpion Casino’s Revenue-Sharing Is About to Change Everything

Online gambling has grown rapidly in recent years, but most people have been unable to participate in this lucrative industry. This is due to the fact that launching an online casino typically requires at least $2 million upfront, years of industry experience, and strong legal connections, putting it out of reach for most people. But the game is…
Finance
Passive Income Diamond: Find Out How Scorpion Casino’s Revenue-Sharing Is About to Change Everything
World Casino News

Michigan's Online Gaming Revenue Sees Record November

Michigan had a great month when it came to online casino gaming. According to the state's Gaming Control Board, the gross revenue in November was $175.3 million, which is a record-breaking amount. To that amount can be added$37 million earned from online sports betting apps, since they weren't included in the first place. New record broken: The…
Finance
Michigan's Online Gaming Revenue Sees Record November
The India Saga

Investing in Luck: Can Online Slots Be a Financial Game Changer?

In the ever-evolving landscape of investment opportunities, one unconventional avenue seems to be capturing the attention of risk-takers and thrill-seekers alike: online slots. Traditionally associated with entertainment and luck, these digital slot machines are now being pondered upon as potential financial game-changers. Can spinning reels and…
Finance
Investing in Luck: Can Online Slots Be a Financial Game Changer?
Review Journal

Las Vegas saw real estate scams, halted casino construction in 2023

Whether it was a stalled casino project, a marijuana Ponzi-scheme case or a rising real estate scam, Las Vegas had no shortage of investigative business news in 2023. Dream Las Vegas In a market packed with huge resorts, Dream Las Vegas hopes to offer a smaller, boutique experience along the south edge of the Strip. But construction of the…
Finance
US Bets

Pennsylvania Takes Rare Step Back In Gaming Revenue

With the recent years' explosion of interest in online gambling - whether on casino games or sports betting - it has been common for the Pennsylvania gaming industry each month to surpass what it achieved in revenue in the year prior. That is not, however, what occurred in November, according to data released Tuesday by the Pennsylvania Gaming…
Finance
Pennsylvania Takes Rare Step Back In Gaming Revenue
Review Journal

Virgin Hotels Las Vegas casino cash flow down, Mohegan tribe says

Cash flow declined in the fourth quarter for casino operations of Virgin Hotels Las Vegas, but that didn't prevent its parent company from having a favorable financial performance. The Uncasville, Connecticut-based Mohegan Tribal Gaming Authority last week reported revenue of $444.3 million for the quarter that ended Sept. 30, a 7.6 percent…
Finance
Mass Live

MGM Springfield reports $21.5M gambling take in November

SPRINGFIELD - MGM Springfield reported $21.5 million in gross gambling revenue from slots and table games in the month of November, the Massachusetts Gaming Commission reported. The state's three resort casinos - MGM Springfield, Encore Boston Harbor and Plainridge Park race course - generated $94 million in gross gambling revenue in November from…
Finance
MGM Springfield reports $21.5M gambling take in November