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Sports
June 14, 2021
Illinois Posts April Handle Down 15.2% Month-over-Month
Following a busy two months for the state of Illinois, April numbers fell from March by around 15.2% of the sports betting handle as the college betting craze has subsided a little. Sports Betting Handle Goes Down in April Even though it took a while, Illinois has finally produced the April sports betting results, which […]
Sports
June 14, 2021
Iowa Gamblers Make up for Lost Time as Revenue Tops $1bn in Less Than a Year
Iowa’s gambling market is running strong. The state has 19 commercial casinos, all of which were closed for 11 weeks last year because of COVID-19, and was among the early adopters of sports gambling in 2019. Since then, and despite the issues caused by the coronavirus pandemic, Iowa’s gamblers are helping the state recover quicker […]
Casino
June 9, 2021
Ohio Casinos See Third Straight Month of Revenue Improvements As May Gambling Rises
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 […]
Casino
June 9, 2021
Detroit Casinos with $109.7 Million Revenue in May
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 […]
Casino
June 8, 2021
Maryland Casinos Set Another Record as Revenue Continues to Climb
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. […]
Business
June 3, 2021
ECB Says Digital Money Underpins Financial Stability
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 […]
Business
May 27, 2021
Boyd Gaming Looks to Attract $900M through Bond Sale
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 […]
Casino
May 25, 2021
Maryland with One of the Highest Casino Revenues in 2020 in the US
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, […]
Casino
May 25, 2021
The First Quarter of 2021 Has Been Kind to Atlantic City Casinos
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 […]
Business
May 24, 2021
South Shore Holdings May Be on the Brink of Folding as it Halts Trading
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 […]