Nevada Casinos Reach All-Time Revenue High

Despite the pandemic and travel restrictions, Nevada casinos managed to set an all-time high for revenue in 2021. Gambling in the state topped $13.4 billion, as reported by the Gaming Control Board. December was the 10th consecutive month that Nevada managed to bring on over $1 billion, and that’s a separate record all by itself. The Control Board reported showed an increase in generated revenue of nearly 70%, which translated to a win of $1.15 billion. Senior research analyst Michael Lawton of the Nevada Gaming Control Board stated that “The reasons for the record level of gaming win recorded this…

Martha Stewart Restaurant Coming to Vegas

Perhaps you’ve heard rumors of a new Martha Stewart restaurant that would soon be opening in Las Vegas. And if so, we’re now happy to confirm that the rumors are true, and the eatery will open at the Paris Casino sometime this spring. In what is being described at a “fully immersive” experience, the concept of the restaurant will focus on Martha’s country farmhouse from New York. Martha and her team are developing delicious, seasonal dinner, weekend brunch, and holiday menus that feature exceptional quality and creativity. Signature menu items will be created from sourcing seasonal, high-quality ingredients from various…

The PORTL Hologram Booth for Casinos

We speak with Gary Shoefield about the PORTL Hologram booth, which was unveiled to the gambling industry at the 2021 Global Gaming Expo in Las Vegas. This amazing bit of technology has the potential to radically change how land based casinos and betting companies interact with their customers. PORTL can put a casino employee or concierge “face-to-face” with customers in a live, interactive experience to answer questions, find games, or give directions to dining and entertainment! Some may call it ‘telepresence’ and some may call it ‘holoportation’, but however it’s referred to it is real and available right now! So…

American Casinos Setting Revenue Records

In the midst of a pandemic, American casinos are still bringing in revenue… and in record numbers! Commercial casinos won nearly $14 billion in the third quarter of 2021, marking the industry’s best quarter ever, and pushing revenue past what it was for all of 2020. The figures from the American Gaming Association show more consumers feel comfortable visiting casinos amid COVID-19, and this as online gambling and sports betting revenues continue to grow. An article releases by the Associated Press, found American casinos on pace to break the annual record of $43.65 billion, set in 2019. Jane Bokunewicz, director…

Happy New Year! Gambling Market to Hit $125 Billion by 2025!

The gambling market share growth by the casual gaming segment will be significant during the next several years. The market for casual gaming is growing with the increasing adoption of mobile gaming. Most casual gamers prefer mobile devices over PCs and consoles because of easy access to the games. According to the “Gaming Market – Forecast and Analysis Report 2021-2025” from Technavio, the market has witnessed a year-on-year growth rate of 10.41% at an accelerating CAGR of 12%. The report is segmented by type (casual gaming and professional gaming), device (mobile gaming, console gaming, and PC gaming), platform (online and offline),…

Congressional Committee on Sports Betting

American Gaming Association: Goodbye 2021

In 2021, the singular focus of the American Gaming Association was to accelerate gaming’s recovery. Our industry has much to be thankful for as we close out the year. We began 2021 cautiously optimistic about our continued reopening, and 12 months later, we’re celebrating the highest-grossing commercial gaming revenue year of all time. That’s a testament not only to our commitment to safety, but our resilience and unity as we faced the monumental challenges brought by the last two years. We should all be proud of how far we’ve come. Working together, we did that and so much more: Engaged…