Industry
October 13, 2021
Detroit Casinos’ September Revenue Is $110.4 Million, According to MGCB
According to the numbers released by the Michigan Gaming Control Board (MGCB) on Tuesday, the three casinos in Detroit had total revenue of $110.4 million in September. Compared to the revenue of September last year, which was $87.9 million, that is a 25% increase. However, it is worth noting that in September 2020, the facilities […]
Industry
October 13, 2021
Part of the Former Riviera Hotel-Casino Site in Vegas to Get New Life
For more than five decades, the Riviera Hotel-Casino sat proudly among the casinos and resorts dotting the Las Vegas landscape. It was one of the originals to be included on the Las Vegas Boulevard row of gambling properties, but came to an end in 2015. The Las Vegas Convention and Visitors Authority (LVCVA) bought it […]
Sports
October 13, 2021
Maryland Gov. Wants State Residents to Speak Up on Sports Betting
Maryland lawmakers approved a sports betting bill this past May. Since then, however, there hasn’t been a lot of forward momentum. While some states have gone from the starting blocks to the finish line in a matter of a few months, Maryland seems to be dragging its feet. There is still no clear target for […]
Casino
October 12, 2021
The Meadows Racetrack and Casino in Pennsylvania Receives a New Identity
Western Pennsylvania’s The Meadows Racetrack and Casino will be renamed and receive a new identity that gamblers will easily recognize. This casino is currently operated by the oldest gaming company in Pennsylvania – Penn National Gaming, which recently brought Barstool to the state. Penn took control of Meadows back in 2018 by acquiring Pinnacle Entertainment. […]
Business
October 12, 2021
Sharp Alpha Advisors Ready to Bet on Sports Betting Startups
Sharp Alpha Advisors, a specialist in sports betting startups, venture capital, M&A and technology, announced today the final closing of its Sharp Alpha Fund I aimed to support early-stage sports betting technology suppliers. US Sports Betting Ripe for Investment The $10-million venture capital fund that has already invested into 11 sports betting startups, including Players’ […]
Business
October 12, 2021
Prophet Opens NJ Sports Betting Exchange Pre-Registration
There’s exciting news for sports bettors in New Jersey as the first peer-to-peer sports betting exchange in the US, Prophet, announced it opened pre-registration for customers ahead of the exchange launch. Pre-Registration with Perks ProphetExchange.com, the New Jersey-based website that will allow sports bettors to set prices for other users’ bets, as well as place […]
Casino
October 12, 2021
Atlantic City: Ocean Casino’s CEO Terry Glebocki Resigns
After leading Ocean Casino Resort for nearly two years, Terry Glebocki resigned from her position as CEO. While she was acting as CEO, Glebocki helped the property overcome significant financial difficulties. Moreover, thanks to the decades of financial management experience, Glebocki helped Ocean Casino become a leading resort in Atlantic City. Terry Glebocki Resigns from […]
Industry
October 12, 2021
Las Vegas Inbound Traffic in September Down as COVID-19 Cases Rise
Gaming industry analysts are predicting a strong Q4, especially for tourism in Las Vegas, despite a rising number of Delta COVID-19 positive cases. These have slowed the traffic at all casinos in Nevada, and the current challenges that Southwest Airlines is facing are exacerbating the situation. Carlo Santarelli, a Deutsche Bank analyst, sent a note […]
Sports
October 12, 2021
NRL Seeks to Cash in on US Sports Betting Bonanza
The National Rugby League (NRL) will explore its options in the United States, seeking to cash in on the strong momentum of sports betting legalization in the country. The league, which is the primary rugby competition in Australia and New Zealand, will be attempting to leverage its popularity overseas. Building NRL’s Momentum in the US […]
Sports
October 12, 2021
Iowa’s Sportsbooks Are Back in Business with a Strong Showing in September
The return of major sports action this fall is proving beneficial to sportsbooks everywhere. Iowa has already started to see its sports betting industry come back to life, with the state’s sportsbooks reporting a combined handle of $210.4 million for September. That is a 94% increase over August, and is likely just the start of […]