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Mississippi Casino Revenues Fall 7% in January
Written by B. Solomon | Tuesday, February 21st, 2017

The Mississippi Department of Revenue has released its latest casino results for January, revealing a 7% fall in revenues to $166 million, compared to the $178 million that was collected during the same month last year. While the 12 coastal casinos noted a slight... 

Macau Casino Stock Recovery A Long Way Off
Written by B. Solomon | Monday, February 20th, 2017

In August of 2016, Macau’s casinos returned to positive growth, in the process breaking their 26 month-long losing streak. Since then, China’s only legal gambling destination has continued its winning ways with six consecutive months of year-on-year... 

Indiana Casino Tax Change to Impact Local Communities
Written by B. Solomon | Thursday, February 9th, 2017

Local communities across the state of Indiana stand to lose $18 million in annual funds under a new piece of legislation currently being considered by state lawmakers called House Bill 1350. The potential move has received much criticism, though, and is being viewed... 

MGM National Harbor Heads Maryland’s Casino Market in January
Written by B. Solomon | Tuesday, February 7th, 2017

Maryland’s casinos generated revenues of $126.2 million in January, up by a whopping 42.8% compared to the same month in 2016. Helping to grow the industry was the state’s newest casino resort, MGM National Harbor, although the overall revenues still... 

Las Vegas Casinos Luring Chinese Visitors
Written by B. Solomon | Friday, February 3rd, 2017

Las Vegas continues to be a major destination for tourists from all across the USA and beyond, and last year 42.9 million people visited the resort, marking a new record high for Sin City. Accounting for much of the success of its tourism industry is the significant... 

Singapore Casinos Forecast to Generate $4BN in 2017
Written by B. Solomon | Friday, February 3rd, 2017

The wealthy island state of Singapore launched its casino industry back in 2010, but after an initial period in which revenues skyrocketed to US$6.077 billion in 2013, business has fallen steadily over the past few years. In 2015, revenues then dropped to $4.8... 

Macau Casino Revenues Up Just 3.1% in January
Written by B. Solomon | Thursday, February 2nd, 2017

The world’s largest gambling resort of Macau, an island located on China’s south coast, generated $2.4 billion in casino revenues last month, marking a 3.1% improvement over January 2016’s tally of $2.33 billion. While the latest revenue results... 

“TEN” Owner Must Apply for NJ Casino License
Written by B. Solomon | Wednesday, February 1st, 2017

Glenn Straub may have thought he was getting a bargain when he bought the $2.4 billion Revel casino for $82 million in April 2015, but the property has caused the billionaire no end of headaches since its purchase. In the latest incident standing in the way of... 

The Current State of Tribal Gaming in the US
Written by A. Mitchell | Thursday, January 26th, 2017

For the fiscal year 2015, the 244 tribes that run native casinos generated $30 billion in revenues, making it the industry’s most lucrative year to date. They now account for 43% of the USA’s total casino revenues, and by comparison, the Las Vegas Strip... 

Mississippi Casino Revenues Up 2% to $2.12BN in 2016
Written by B. Solomon | Tuesday, January 24th, 2017

Mississippi’s casino market ended 2016 on a positive note, with $171 million of revenues generated in December, higher by 2% compared to the $167 million that was collected during the same month last year. Helping to account for much of the increase was the...