The transformation of Bally’s Casino to the Las Vegas Horseshoe is now complete! Yes, we welcomed the rebranded property to the center of the Las Vegas Strip in our gambling news video back in December. But today is Caesar’s “official” opening, as they welcome poker legend Doyle Brunson, who played at the original Horseshoe, to the ceremony. Even better, Jack Binion, son of Horseshoe brand founder Benny Binion, was there for the festivities as well. Senior Vice President and General Manager of Horseshoe, Jason Gregorec, shared his excitement about bringing the Las Vegas Horseshoe back to center of the Strip,…

The Las Vegas Sands is reportedly leading the charge in a move to expand gambling in Texas by constructing a resort-style casino in the state. While discussions are still in the preliminary stages, the casino company’s interest in expanding its operations to Texas is significant, given that the state has long been viewed as a bastion of conservative values that are traditionally not very receptive to gambling. The move is not entirely surprising, however, as Las Vegas Sands has been exploring options for expanding its operations beyond its traditional base in Las Vegas for some time now. The company has…

New Jersey gambling revenue is keeping pace with the rest of the country. The state of Nevada kept their streak of billion dollar months rolling along int he month of January, and gambling across America set a record of $5.5 billion at the same time. Now, New Jersey has reported a jump of over 10% in their revenue. The Division of Gaming Enforcement reported that the casino win for New Jersey’s nine casinos came in at $215 million for February, which was a modest growth of 1.2% from last year. So far in 2023, those properties have generated over $425…

It was a banner year for the US gambling industry in 2022. That momentum appears to have carried over in the first month of 2023, as yet another record was set for revenue in a single month. Our friends at the American Gaming Association keep track of these sorts of things, and they report a combined $5.5 billion brought in this past January. These numbers show a year on year growth of over 21% and maintains the streak of 23 months of growth in a row. The continued growth of US gambling was apparent across all verticals in January, with…

They’ve kept it going for nearly two years! Yes, January marked the 23rd consecutive month that Nevada gaming revenue streak has hit the billion dollar mark, according to a report from the Nevada Gaming Control Board. Now, let’s just hope that our reporting this doesn’t jinx them! The state reported revenue for the first month of 2023 to be $1.27 billion, which was nearly a 20% jump from the $1.07 billion they reported in January of last year. That increase was attributed to the continued recovery from the pandemic, as more Covid restrictions were lifted throughout the year. Casino profits…

Last year, commercial US gambling was able to top $60 billion for the first time ever. That shatters the previous figure of $53 billion set just a year earlier. The information was accumulated and reported by the Commercial Gaming Revenue Tracking at the American Gaming Association. The actual total for 2023 was $60.4 billion, which came largely from sports betting and online gambling. Both sectors reported single-quarter highs, However, land based gambling at casinos, poker rooms, and sports books still accounted for over 80% of the total revenue. While it’s encouraging to see online games continue to grow as a…