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…

Las Vegas Mask Mandate: Authorities to Crackdown

New Years is upon us, and the Las Vegas mask mandate is still in effect. Now, the Nevada Gaming Control Board says they will ramp up enforcement efforts for the big holiday weekend. Their efforts come from the passage of Emergency Directive 045, which requires everyone to wear a face mask in all public indoor settings with substantial transmission of Coronavirus. That includes those who are fully vaccinated. This means that any person in a Nevada casino, restaurant, tavern, bar, nightclub, or other public setting will be required to wear a face mask. That applies not only to visitors and…

Esports Event at Hard Rock Atlantic City in January

Esports Entertainment Group has announced at eSports event with skill-based wagering to be held in New Jersey next month. The event is in partnership with the Hard Rock Hotel & Casino Atlantic City. EEG and Hard Rock have teamed up to create a tournament on January 22 and 23, 2022 that will launch LANDuel and be the springboard for more esports betting events and permanent installations in the future at the casino and hotel venue. “We are extremely excited to partner with one of the top global hotel and casino venues to kickstart the world of regulated peer to peer wagering…

Nevada Gambling Revenue Record Hits 9 Months

Don’t look now, but they did it again! Nevada gambling revenue was over $1 billion in November, as reported by the Nevada Gaming Control Board, which marked the 9th month in a row that profits have been that high! Casinos across the state have reported over $1.32 billion in win, which falls just a bit short of the highest revenue ever generated by Nevada of $1.36 billion. It’s also $100,000 ahead of the numbers for October. As you might expect, most of the Nevada gambling revenue came from casinos on the Las Vegas Strip. Those properties contributed well over $750…

Gambling Games Discouraged as Kids Stocking Stuffers

In the biggest “no shit” story for Christmas, the Problem Gambling Help Network is discouraging gambling games be given as gifts to children. And we would like to add that alcohol and cigarettes are also not appropriate… just to avoid any confusion. Yes, although the holidays are a time for family, friends, and turkey with stiffing, the Problem Gambling Help Network wants us all to remember that we should not stuff kids stockings with casino games or lottery tickets. After all, we all know that kids under 10 frequently request scratch cards as gifts instead of candy or toys. Although…