Pennsylvania Casino Revenue Up 1.64% in February
Severe cold weather and snow blizzards have battered the northeastern US states over the past couple of months, and Pennsylvania was no exception with its casino revenues down by 1.6% in January. In February, however, Pennsylvania’s gaming market subsequently made a slight recovery with revenues bouncing back by 1.64%, thanks mostly to a strong performance […]
NJ iGaming Protecting Land Casino Revenues From Severe Weather
New Jersey’s land based casinos have suffered a chilly start to 2018, with revenues falling in both January and February as cold weather and blizzards interfere with their customers’ desire to brave the elements and take a road trip to the various venues. As James Plousis, chairman of the New Jersey Casino Control Commission, commented […]
West Virginia Becomes Sixth State to Legalize Sports Betting
Last week, West Virginia became the latest US state to legalize sports betting after Governor Jim Justice (photo) failed to add his signature to Senate Bill 451 after five days, meaning that it then automatically passed into law. West Virginia now becomes the sixth state to pass a sports betting bill, with the others being […]
Las Vegas Sands Seeking Further Expansion In Macau
Since the Chinese Government eased off on its anti-corruption campaign at the end of 2016, Macau’s casino industry has started recovering nicely and last year returned to double digit growth with revenues up by 19% at $33 billion. This has subsequently led to some of the world’s biggest casino operators increasing their investments in the […]
$9.7Bn in Illegal Wagers To Be Placed On 2018 NCAA Basketball
The 2018 NCAA Men’s Basketball Tournament, also known as March Madness, takes place between March 13 and Apr 2, with 68 college basketball teams taking part in the hugely anticipated single-elimination style sporting event. During the extravaganza an estimated $10 billion is expected to be wagered by gamblers, of which a staggering 97 percent will […]
Brand Investment In eSports Up Almost 50%
With the continuing meteoric rise of eSports, the sectors brand investment has experienced a dramatic 48% increase over the past twelve months. In fact, this year the eSport economy is expected to reach a whopping $905.6 million, with the majority of revenues (77%) generated from brand investments. Breaking it down further, $359 million will be […]
New South Wales Pokies Overhaul Seen as Inadequate
Australians are known to enjoy gambling more than most, and in 2016 its punters burned through a whopping $24 billion in cash, of which the majority was lost on the country’s 200,000 slot machines known as pokies. By comparison, the amount gambled at the country’s casinos, racing tracks and Lotto registered as a mere blip […]
