Last month, the Pennsylvania Gaming Control Board (PGCB) received nine online casino license applications worth $10 million each just before the tender’s July 16th cut-off date, after which licenses would only be available for individual online games (casino, poker, slots) at a cost of $4 million apiece. One month...
August 17th, 2018 By Shane Larson
New Jersey online gambling generated $25.9 million in July, marking a new all-time high for the market, and meaning that revenue records have now been set in four out of the first seven months of 2018. Including land-based revenues, Atlantic City’s nine casinos won $302 million last month, or...
August 16th, 2018 By Stephen Smith
On February 8th, the $1.2 billion Resorts World Catskills opened in Upstate New York on the site of the former Concord Hotel, a Jewish resort haven in the “Borscht Belt” until filing for bankruptcy and closing in 1998. While the area’s prime has long since passed, many developers believe...
August 15th, 2018 By Charles Washington
A UK poker player who took down the 2018 GUKPT Manchester Main Event in March for £68,930 ($95,404) received a nasty shock this week after being ordered to hand over his entire winnings to HM Revenue and Customs (HMRC). Before British players start worrying that their poker earnings may...
August 14th, 2018 By Lucy Brown
Last Friday, Mount Airy Casino Resort became the latest casino to announce a strategic relationship with an online operator, with the venue stating that it intends to offer the full range of online gambling and sports wagering products in partnership with The Stars Group. Commenting upon the exciting development,...
August 13th, 2018 By Shane Larson
France has witnessed a dramatic reversal in its online poker fortunes, with its industry returning growth over the past year and a half following four years of waning results. While high taxes and a ring-fenced market were initially cited as the main reason behind its decline, taxes have remained...
August 10th, 2018 By Stephen Smith
In July, Maryland’s six casinos generated a combined $146.5 million in revenue, representing a 5.6% increase compared to the $138.7 million collected during the same month last year. As far as month-on-month revenues are concerned, Maryland’s casino market has now contracted for two consecutive months since hitting a record...
August 9th, 2018 By Charles Washington
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