Las Vegas Sands Profits Fall $2 Billion in 2020

Shortly after the passing of Sheldon Adelson, we now learn that Las Vegas Sands profits fell nearly $2.2 billion last year, thanks in large part to the pandemic and diminishing tourism to Nevada. Room revenue fell almost 73% while food and beverage revenue was down 69%. Earnings from their conventions and retail shops fell 67%. Company revenue fell over 70% last year to just $3.6 billion, which the company said was a direct result of the Novel Coronavirus. Macau profits were the worst hit, where restrictions on travel held the Sands in check for most of the year and resulted…

Trump Plaza in Atlantic City to be Blown Up

Less than a month after his presidency ended, Donald’s Trump Plaza is set to be demolished in Atlantic City, New Jersey. The building has been vacant since 2014. The resort is set for demolition on February 17, as the building has been falling apart in recent years. What’s left of the complex has been a grim reminder of Atlantic City’s economic difficulties over the past decade. Trump Plaza is still positioned on some pricey real estate, located where the Expressway brings tons of traffic into the downtown area. And now, after years of delay, the land is worth more vacant…

Ka-Ching Cash Slot Machine from Aristocrat

Take a first hand look at the Ka-Ching Cash slot! An amazingly fun and simple multi-denomination game from our friends at Aristocrat! This is a 5 reel 4 row slot game that comes in two versions: Xing Fu Coins, and the game we’re looking at today, Vegas Neon! There is a “Hold and Spin” feature along with 5 jackpots to be won! Which jackpot you win will be determined by which reels you fill with your Ka-Ching Cash symbols! Hold! Spin! Cash! Ka-Ching! Coming from Bash Games Studio, the Ka-Ching Cash slot combines Cash on Reels and Hold & Spin…

New Jersey Sports Betting Tops Nevada

As the economic free fall continues for the gambling industry amidst the Coronavirus pandemic, New Jersey sports betting has finally overtaken Nevada as leader of the American market. New Jersey’s total handle was over $6 billion last year, while Nevada sports gambling took in only $4.3 billion in 2020. Nevada regulators cited the coronavirus pandemic for the falling revenue. The first legal bet in New Jersey was placed in June of 2018. “The reason for the decrease to this calendar year was the result of the suspension of gaming operations from March 18 through June 4 due to COVID-19,” the…

Las Vegas Sands Now Eyes Online Gambling

It’s been less than a month since the passing of Sheldon Adelson, and already his Las Vegas Sands has a new CEO who is steering the company toward iGaming and digital betting. Rob Goldstein has been named as Adelson’s replacement, and he seems set to take the company directly into the teeth of the industry his predecessor spend millions of dollars and the last years of his life fighting. When speaking of Adelson’s dislike of online gambling, Goldstein said “He never questioned its viability… We just want to keep working toward our goals. It’s a very interesting business. The question…

Hindi Follows French to Become SiGMA’s 7th Language

SiGMA’s 7th language has been announce with the addition of Hindi to its website. The language will be the 7th translation after French was announced earlier this year. The addition of the new content follows an announcement last year that the company would be taking their editorial content in a more global direction by adding 10 language translations to their website. Users can now find all content, including the SiGMA News website, in Hindi. The latest addition to SiGMA’s portfolio of languages will run alongside the recently launched French, Russian, Mandarin, Spanish, and Portuguese content, and aims to cater to SiGMA’s…