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Nevada Casino Revenues Down 5% to $860M in August
Written by B. Solomon | Friday, September 30th, 2016

The Nevada Gaming Control Board has released its latest casino figures for August, revealing a 5% fall in revenues to $860.7m compared to the same month in 2015. The state subsequently received $48 million by way of gambling taxes, down by 8% year-over-year. Being... 

Australian Casino Revenues Boosted By Asian Tourism
Written by A. Mitchell | Tuesday, September 27th, 2016

Macau’s casino industry had enjoyed five years of uninterrupted growth before the Chinese government’s anti-corruption crack down led to an exodus of VIP high rollers from the country’s only legal gambling resort. In fact, it was only in August... 

Pennsylvania Casino Revenues Fall 4.3% in August
Written by B. Solomon | Tuesday, September 27th, 2016

Pennsylvania’s casino industry consistently posted monthly year-on-year growth between September 2015 and May 2016, but since then its casino market has started to splutter slightly. In June, revenues declined for the first time in almost a year, albeit by... 

Maryland Live Aims To Become Casino Resort With $200M Hotel
Written by A. Mitchell | Friday, September 23rd, 2016

Maryland Live is already the biggest casino in the state of Maryland, but plans are now afoot to transform the venue into a fully recognized gambling resort. To that end, The Cordish Companies has announced its intentions to add a 310 bedroom hotel to its facilities,... 

Mississippi Casino Revenues Fall 1% in August
Written by B. Solomon | Thursday, September 22nd, 2016

Mississippi casinos reported a 1% fall in revenues last month after growth in the Gulf Coast market failed to offset the declines experienced at the state’s River gambling halls. Overall, revenues came in at $171 million in August compared to the $172.7 million... 

Support Waning For North Jersey Casino
Written by A. Mitchell | Thursday, September 22nd, 2016

New Jersey voters will go to the polls on November 8th to decide whether to allow two new casinos to be built in north Jersey. If the referendum returns a positive result, then this would be the first time a casino has been opened in the state outside of Atlantic... 

Revel Atlantic City Rebranded As “TEN”
Written by A. Mitchell | Tuesday, September 20th, 2016

Revel Atlantic City may have cost $2.4 billion to build when it opened in 2012, but after falling into bankruptcy twice and shutting in September 2014, it was subsequently sold last year to Glenn Straub’s Polo North Country Club for just $82 million. However,... 

Fireman Wants To Build A $4.6BN Casino in New Jersey
Written by A. Mitchell | Monday, September 19th, 2016

If someone suggested building a $4.6 billion casino in New Jersey, that person may rightly attract a few quizzical looks, especially considering the declining condition of the state’s casino industry, as well as the fate of its $2.4 billion white elephant,... 

Turkish President Slams Turks Visiting Georgian Casinos
Written by A. Mitchell | Friday, September 16th, 2016

Turkey banned casinos in 1998, while in neighboring Georgia there are numerous land-based casinos operating throughout the country. In 2012, Turkey and Georgia subsequently signed a protocol facilitating easier movement of people across their mutual border, but... 

Detroit Casino Revenues Up 7.9% to $116M in August
Written by B. Solomon | Thursday, September 15th, 2016

The city of Detroit’s three licensed casinos generated revenues of $115.9 million in August, according to the latest results released by the Michigan Gaming Control Board. While being 2.2% down on the previous month, that figure still represents an impressive...