Category: Land Based Gaming and Casinos
US Gambling Revenue Sets $4.83 Billion Record
US gambling revenue can be tracked using the Commercial Gaming Revenue Tracker from the American Gaming Association’s (AGA). It features state-by-state and nationwide financial performance data with breakdowns for individual gaming verticals. The commercial gaming sector’s record-setting run continued into July as gaming revenue from traditional casino gaming, sports betting, and iGaming, reached $4.83 billion – surpassing May as the industry’s highest grossing month ever. Revenue was up 29.6 percent compared to the same month in 2019. The return of summer leisure travel propelled US gambling revenue in July. The month also benefited from a favorable calendar, which included five…
888 Interested in William Hill’s Non-US Holdings
UPDATE: 9th September, 2021 – In a press release, Caesars has announced an agreement with 888 Holdings to sell it’s the non-US assets of William Hill for $3 billion. After their payment on existing debt, Caesars should net about $1.2 billion. It wasn’t too long ago that William Hill’s American holdings were purchased by Caesars Entertainment. That deal left the company’s non-US assets up in the air, but perhaps not for much longer. 888 has confirmed that they are in “advanced” discussion with Caesars about purchasing what’s left of William Hill’s properties not in the US. However, they are facing…
Main Street Station to Finally Reopen
It’s been fifteen months since Main Street Station in downtown Las Vegas closed for the pandemic. And now, finally, the property is set to welcome guests back once again. The venue has a casino floor that’s 27,000 square-feet and boasts more than 400 hotel rooms. September 8th is the target date put in place by owners Boyd Gaming. The casino and hotel will return to full 24 hour a day operation for the first time since the doors closed in March of 2020. Most other resorts owned by Boyd have already re-opened, with the exception of the Eastside Cannery. In…
Las Vegas Sports Teams Stick to Covid Policy
Las Vegas sports teams, including the NFL’s Raiders and the Golden Knights professional hockey team, are maintaining their Coronavirus vaccination policies in place. And that means all fans will have to show proof of a Covid vaccination to enter the teams home games. These announcements should not come as a surprise, given the direction of the state’s health situation and mandate of Nevada Governor Steve Sisolak about large events. And in this particular case, it’s more of a “pick your poison” type of situation. To explain, the Governor said that events have but two options: 1) Require all fans to…
Nevada Casinos Rake in $1.36 Billion in July
For the fifth month on a row, Nevada casinos have brought in over a billion dollars in a month. In July, they actually set another revenue record by generating $1.36 billion. The Nevada Gaming Control Board reported the numbers, which were a rise of 80% over July of last year. The return of more entertainment, such as the Cirque du Soleil shows and concerts, and the opening of the new Resorts World Las Vegas certainly helped the numbers. Although these numbers are encouraging, passing the previous all time record of $1.23 billion just set by Nevada casinos this past May,…
Another Pennsylvania Gambling Revenue Record
The Gaming Control Board has posted reports showing yet another Pennsylvania gambling revenue milestone. The Board has shown figures that the combined total revenue in July 2021 generated from all forms of gaming regulated by the Board along with fantasy contests was $423,657,956. That represents the highest monthly revenue total to date for games regulated by the Board. Sources of gaming revenue regulated by the Pennsylvania Gaming Control Board include slot machines, table games, internet casino-type gaming (iGaming), sports wagering, fantasy contests and video gaming terminals (VGTs). The Board has posted separate reports for these types of gaming on its…




















