Casinos
American Gaming Association Reports Third Month Of Revenue Growth
July 2020 brought in $2.83 billion in revenue from commercial casinos. Commercial casino revenue from 2019 is still down 23.9% LAS VEGAS — Things are starting to look up for the American Gaming Association (AGA) as they have reported a growth in U.S. commercial casino revenue for a third straight month. The fact that the…
Read MoreNew York Casinos Get Approval From Governor To Reopen This Week
New York Governor Andrew Cuomo announced that commercial casinos in the state will able to reopen on Wednesday. The casinos of NY had been closed since March 16, when the official order came down to close all public businesses. New York was the very last state to allow commercial casinos to reopen following the COVID-19…
Read MoreGambling Limits In Colorado Could Rise With Ballot Initiative
Colorado voters will get the chance to vote on Initiative No. 257, a gambling bill that will allow gaming communities to decide on the maximum betting limit via local election. The bill will also allow for more casino games to launch than are already allowed. Voters will cast their ballots in November. DENVER – Colorado’s…
Read MoreCatawba Nation Of NC Names Their Casino Two Kings Casino Resort
The Catawba Nation of North Carolina has paid tribute to their Tribe’s history by giving the future resort and casino a name reflecting that. The Two Kings Casino Resort will open their doors for phase one of the facility’s opening and its activities beginning in the Summer of 2021. Estimates show the resort being able…
Read MoreCasinos In Atlantic City Suffer $112M Loss In 2nd Quarter
The nine casinos in Atlantic City had a combined loss of $112 million in the second quarter because of the three-month period they were closed because of COVID-19. Online gambling platforms fared better for New Jersey even allowing a few to profit during the mandatory closures of land-based establishments. ATLANTIC CITY, N.J. – Atlantic City…
Read MoreBaton Rouge Hollywood Casino Set For Land Facility By 2022
The Hollywood Casino Baton Rouge is set to make the move to land from the sea by early 2022. Shaquille O’Neal’s Big Chicken Restaurant will open with the casino’s new location. The facility will cost between $21-$25 million to complete. BATON ROUGE, La. – The Hollywood Casino Baton Rouge will be moving to a land-based…
Read MoreMGM Resorts Brings IAC Execs Diller & Levin to Board of Directors
MGM Resorts has announced that two IAC leaders have been appointed to the company’s Board of Directors. Joey Levin and Barry Diller have both held numerous high positions and are able to help grow MGM Resorts after the $1 billion investment made by IAC. IAC is looking to grow in the digital and resort-based gambling…
Read MoreThe Legal Saga Of Phil Ivey & Borgata Finally Nearing The End
It’s been a near $10 million question for almost a decade as to who is owed the money, Borgata, or players Phil Ivey and Cheung Yin Sun. A settlement has been agreed upon between the two parties with no terms being disclosed to the public at this time. ATLANTIC CITY, N.J. – It’s been years…
Read MoreOnline Gambling in Michigan Stalled By FBI Due To New Demands
Michigan began accepting online gaming licenses from suppliers in May as online gambling was progressing. The FBI is now holding up the progression due to the fingerprinting of applicants for licenses. Michigan Gaming Control Board executive director Richard Kalm still expects online gambling to launch in 2020. LANSING, Mich. – The Michigan Gaming Control Board…
Read MoreKY Supreme Court Set to Hear Legality Case of Slot-Like Racing Machines
The Kentucky Supreme Court will hear the case of the legality of the historic horse racing machines on Friday. The dispute has gone back and forth to the courts for nine years due to the slot-like look of the game and the issue of whether or not it is pari-mutual wagering. The industry has grown…
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