The streak continues! April was the 14th month in a row where gambling revenue in Nevada topped the $1 billion mark. But how much longer can this wild ride last? Even though the numbers are still impressive, April was the first month of this billion dollar streak to see almost no growth. The figures seem to have stalled for the moment, and we will have to wait for May’s numbers to know if the record breaking run is over. There are some concerns that the state may be entering a “slow growth” period, and that the rising rate of inflation…

As the rest of the gaming community across the country enjoys a rebound, New Jersey gambling revenue has rebounded as well. The New Jersey Division of Gaming Enforcement reported that total gaming revenue in the state rose 290% from last year at this time. In May of 2020, the state only made $96 million. But this May things turned around with a $374 million windfall. Online gambling in New Jersey helped a lot, generating over $108 million, while sports betting brought in nearly $53 million. Las Vegas hit the $1 billion mark month in March… it’s first such month since…

From The Fiscal Times States are still betting big on gambling. New York and Massachusetts are eyeing new, flashy resort-style casinos. The owner of one of the largest casinos in the country, Maryland Live! Casino, is among those vying for the final gambling license in Philadelphia and hopes to build a new $425 million casino there. But in nearby Delaware, lawmakers are considering the unusual step of giving $8 million to the state’s three struggling racetrack casinos. Crucial questions face states after years of gambling fever. Can they still enter the gambling fray and claim a hefty chunk of revenue? …

Putting an end to a long-standing battle, the Seneca Indian tribe reached an agreement with the state of New York this week, with the tribe agreeing to share gambling revenue that was being withheld in protest of the installation of video lottery machines in commercial, non-tribal racetracks in the western region of the state. Since 2009 the tribe has refused to share their revenue, alleging that the racetracks were violating a contract that was meant to ensure tribal control of casinos in that area of New York. As part of the agreement, three communities are now poised to receive millions…