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Pennsylvania Posts Record Casino Revenues for 2016
Written by B. Solomon | Wednesday, January 18th, 2017

Pennsylvania’s casino industry has posted its second consecutive year of record revenues, with 2016’s total up 1.25% to $3.21 billion compared to the $3.173 billion that was generated in 2015. In December, the state’s table game revenues reached... 

$35k Roulette Wager Nets Gambler $1.225M
Written by M. Rhodes | Tuesday, January 17th, 2017

On January 3rd, Brazilian businessman Pedro Grendene Bartelle and a group of friends celebrated the New Year by visiting the Conrad Punta del Este Resort and Casino Hotel in Uruguay. Their celebrations soon turned to jubilation, though, after Bartelle placed a... 

iGaming Returns AC Casinos to First Growth Since 2006
Written by B. Solomon | Monday, January 16th, 2017

New Jersey’s casino industry has just broken a 10 year losing streak after posting a moderate 1.5% increase in revenues for 2016. All told, Atlantic City’s seven casinos generated gambling revenues of $2.6 billion last year, representing its first growth... 

Nevada Casinos Return to Profit in FY 2016
Written by B. Solomon | Friday, January 13th, 2017

This week, the Nevada Gaming Control Board released its annual report on how its casinos fared throughout the Fiscal Year ending June 30th, and according to the results the Silver State has recorded its first profitable year since the Great Recession struck in... 

Detroit Casino Revenues Rise 0.7% to $1.38BN in 2016
Written by B. Solomon | Wednesday, January 11th, 2017

The Michigan Gaming Control Board has released its casino results for Detroit, revealing a 6.8% revenue fall to $116.9 million in December 2016 compared to the same month last year. The city’s three casinos subsequently paid $9.5 million in gambling taxes,... 

Sochi Casino and Resort Now Open for Business
Written by A. Mitchell | Tuesday, January 10th, 2017

On January 5th, Russia’s designated gambling zone of Sochi finally got its first land-based casino after the Sochi Casino and Resort opened its doors for business. According to the casino’s official press release, the integrated resort-casino ‚Äúrepresents... 

Ohio Casino Revenues Fall 2% to $798M in 2016
Written by B. Solomon | Tuesday, January 10th, 2017

The Ohio Casino Control Commission has released its last batch of results for 2016, with the state’s casino revenues in December coming in at $66.34 million, down by 7.6% compared to the $71.58 million collected during the same month in 2015. As a result,... 

Maryland Casino Revenues Hit Record High in December
Written by B. Solomon | Monday, January 9th, 2017

Maryland’s casino market generated record revenues of $133.5 million in December 2016, smashing the previous record set in May 2016 of $104.3 million. The huge 28% year-over-year boost to the state’s casino business came mostly as a result of the opening... 

West Virginia Casino Impacted by MGM National Harbor
Written by A. Mitchell | Tuesday, January 3rd, 2017

For many years, the Hollywood Casino at Charles Town Races enjoyed a privileged position of being one of only a handful of gambling options for residents in the Washington, D.C., area. On December 8th, however, the competition just got a lot harder after the $1.4... 

Macau Casino Revenues 3.3% Lower in 2016
Written by B. Solomon | Tuesday, January 3rd, 2017

Macau’s casino industry has ended on a high, after it was revealed that the resort’s gross gaming revenues finished up 8% at $2.48 billion in December, compared to the same month last year. As a result, having experienced a 26 month dry spell dating...