Category: Land Based Gaming and Casinos
Macau gambling revenue climbs in September despite typhoon
Reuters – Gambling revenue in China’s casino hub of Macau rose 21.4 percent in September year-on-year, on robust spending by affluent gamblers despite a typhoon that hit southern China at the end of the month that disrupted travel. September’s revenue came in at 28.96 billion patacas ($3.63 billion) according to government data released on Thursday. The figure was at the low end of analyst estimates who forecasted September growth in the world’s biggest gambling market to rise 22-25 percent. Located on China’s southern coast, Macau’s gambling revenues are highly dependent on the domestic market with more than two-thirds of tourists…
New zip line set to open in Vegas
Gulf News – A new zip line connecting two towers at Las Vegas’s Rio casino is set to open in early November. The VooDoo Skyline at the off-the-Strip casino will start at the patio of the VooDoo Steakhouse on the 50th floor of the Masquerade Tower. Riders will glide to the 20-storey Ipanema Tower and then return to their starting point. The ride covers half a kilometre in 70 seconds. Tickets are $25 (Dh92). Sin City is expecting two more zip lines in the future. A popular ride at downtown’s Fremont Street Experience is being reinvented under the name “Slotzilla,”…
New skill-based casino slots play for video gamers
Las Vegas Sun – Atari’s 1981 hit Centipede is an antique in the video game world, but it’s the hottest new thing in the casino industry. Slot machine manufacturers are rolling out games inspired by the penny arcade, hoping to attract middle-aged gamblers through nostalgia and the promise of cashing in on their joystick talents. The new Centipede slot machine by International Game Technology is more than just a clever licensing deal or a sign of the cosmetic change from one-armed bandits to touch screens. It’s part of a major shift in the industry toward slot machines that let users…
Gambling resorts could transform South Florida
Sun Sentinel – South Florida could join the “major leagues of casino gambling” and see a huge economic boost if the state allows full-scale resort casinos, according to the draft of a long-awaited report on the future of gambling in Florida. The opening of two major gambling resorts in Broward and Miami-Dade counties could generate about $1 billion in taxable gambling revenue per year and create 7,618 full-time jobs, under one scenario analyzed in a report to the state Legislature by Spectrum Gaming Group. Building on the existing attractions of beaches, fishing, shopping and sunshine, these resorts would allow the…
Las Vegas is on pace with last year’s visitor volume
Vegas Inc – Las Vegas visitor volume inched upward in August, bringing the total number of travelers to Southern Nevada nearly even with last year over eight months. The Las Vegas Convention and Visitors Authority reported August visitor counts up 0.9 percent to 3.4 million for the month, bringing the 2013 total to 26.7 million. It was the second straight month of monthly percentage increases and the fifth increase in eight months this year. The average daily room rate was up 3.3 percent to $105.47 a night for the month. Strip room rates were up 4.7 percent to $113.70 while…
Tribal casino revenue grows for 3rd straight year
An increase in Indian gaming revenues in 2012 of almost three percent offers “economic encouragements” for Indian country, according to the National Indian Gaming Commission (NIGC). The commission released data in late July showing revenues generated by the Indian gaming industry in 2012 totaled $27.9 billion—the third consecutive year of increases in gross gaming revenues (GGR) since the recession began in 2007. The Indian gaming industry saw its largest gross gaming revenues ever in 2012, Tracie Stevens, NIGC chairwoman said. “The 2012 Indian gaming industry’s gross gaming revenues of $27.9 billion indicate a strong and mature Indian gaming industry. Additionally,…
















