There is more evidence that the US economy is on the rebound following a disastrous year caused by COVID-19. Several states have already reported significant improvements with their gambling markets and Ohio is proving that the gains are more than just a short-term trend. The state’s 11 casinos and racinos reported significant revenue improvements for […]
Detroit casinos have reported $109.7 Million Revenue in May, reporting a significant recovery with only 15% less from slots and table games compared to the same period in 2019. Detroit Casinos with a Serious Outlook Towards Recovery Even though Detroit casinos have operated at a limited capacity in May, they have recorded an aggregate revenue (amounting […]
The DC-Maryland corridor has recently been singled out because of the level of gambling revenue being reported in the area and the trend doesn’t seem to be slowing down. The Maryland Lottery provided an update yesterday on how casinos in the state performed last month, indicating that, collectively, they set a new in-state revenue record. […]
Digital currencies issued by central banks in European Union Member States may act as a counterweight to potentially dangerous “artificial currencies.” Digital Currencies Are Coming to the EU A report published by the European Central Bank (ECB) on Wednesday issued a warning to European Union Member States that falling behind on developing a digital currency may have […]
Boyd Gaming is coming off an eventful year, as are most casino operators around the world. The company has had its ups and downs due to COVID-19 and had previously announced that it was going to offer new bonds in order to raise $750 million. It has now upped its offer and is looking to […]
Maryland casinos generated more revenue in the country in 2020 compared to other markets in the US. Maryland’s Revenue 30% Down but Highest in USA in 2020 According to a report by the American Gaming Association, Maryland casinos generated the highest revenues for 2020. The state gaming industry surpassed many other markets across the US, […]
Atlantic City has been battling its demons for a number of years and, just as it looked like the city might be starting to show signs of stability, COVID-19 came in. That reversed all of the hard work that had been put into the city’s recovery and 2020 was a complete disaster. The good news […]
In Western culture, the number 13 is associated with bad luck. However, in Chinese culture, 13 is viewed differently, and is associated with prosperity and good fortune. That might have been part of the reason South Shore Holdings decided to name a property it was expanding in Macau “The 13,” but, in this case, Western […]
Genius Sports has issued its first Q1 results as a traded business on Thursday morning. Genius Publishes Its First Q1 Report as a Public Company Genius Sports, a sports data and analytics company, officially reported that its revenue went up by 52% in Q1 of 2021 and raised its sales forecast by 37%. It is […]
Catena Media hinted a month ago that it thought it might be able to report record revenue growth for the first quarter of the year, and it wasn’t wrong. The official numbers are out, and the global gaming affiliate company is outpacing the market by a long shot. Thanks to increased attention to the US […]
