The Rio Las Vegas is Set for a Major Upgrade

Rio Las Vegas

Las Vegas is slowly beginning to see a new surge of visitors. As a result, many of the casinos here are updating their operating hours and undergoing renovations. New reports claim the Rio Las Vegas is now set for a major upgrade this year.

The Rio has never been the flashiest property in Las Vegas. That could soon change with the renovations being planned. Today, we’ll talk about some of the changes set to come here.

Let’s get into it!

Las Vegas Tourism is Starting to Increase Once Again

Throughout 2020, we learned that Las Vegas relies on tourism in a way no other US city does. The events that unfolded last year took a devastating toll on the city’s economy. No other city was as economically impacted as Las Vegas.

There was no easy fix for this situation. Casinos were eventually given permission to reopen, yet tourism rates remained extremely low here. It was a complicated issue that plagued the city throughout the entirety of 2020.

Things finally seem to be improving, though. Infection rates have been dropping in Nevada lately. As a result, state leaders are allowing the casinos in Las Vegas to increase their occupancy limits and open more amenities.

This, in turn, leads to more visitors in the city. It’s an exciting time for the casino companies here that have seen major drops in their monthly revenue figures due to these tourism slumps. We’re already beginning to see increases in gaming revenue throughout Las Vegas.

A number of major casino renovations have taken place throughout the past year. More are expected to take place over the next nine months. We’re now beginning to hear about some of the major ones being planned to take place in 2021.

The Rio Las Vegas has been a popular venue in Las Vegas for years. Here’s what we know about the new plans for this casino-resort.

A Massive Renovation is Being Planned for the Rio Las Vegas

Las Vegas is an area used to see casino renovations. Some of the biggest gambling venues here have been around for decades. It takes a tremendous amount of work to keep these properties in top shape.

The Rio Las Vegas was opened to the public in 1990. In 2019, Caesars Entertainment sold this property to developer Eric Birnbaum. It now appears that this venue will soon go under new leadership once again.

Reports have confirmed that this venue will soon become part of the Hyatt brand. A major renovation is in the works, as well. It’s a huge piece of news and one that will permanently affect this casino-resort moving forward.

“We are thrilled that Dreamscape will help us bring multiple Hyatt full-service brands to Las Vegas, starting with a Hyatt Regency hotel, which we believe will deliver on the Hyatt Regency brand promise of creating meaningful connections in modern spaces designed for sharing, socializing, and collaborating,” said Kimo Bertram, VP of Hyatt’s real estate division. “We know Las Vegas is an important destination for our guests, World of Hyatt members, and customers, and this project is a significant step for Hyatt as we continue to grow our brands in markets that matter most to our loyal travelers.”

It’s clear that Hyatt expects a major recovery to take place in Las Vegas. Taking control of this property may have been the best-possible option right now. An official date for the renovation of this venue has not yet come out.

This isn’t the only major casino sale to take place in Las Vegas recently. In fact, we may see more of these property sales taking place soon.

Will More Casino Sales Happen in Las Vegas This Year?

Most industries were affected by the global health crisis that began last year. Some, of course, were hit harder than others. It became clear early on that the country’s land-based casino industry was wholly unprepared for the situation it found itself in.

Many of the casinos around the country that shut down in March are still closed to this day. That includes several of Station Casinos’ biggest properties. The owners claim they will keep these venues closed until a clear profit margin can be established with opening.

Some companies chose to part ways with their major Las Vegas casino-resorts. That includes Las Vegas Sands. Not long ago, news broke that LVS had officially sold The Venetian and its major Las Vegas Convention Center. It was one of the largest sales in Las Vegas history.

MGM Resorts flirted with the idea of putting some of its properties for sale, as well. None of the company’s casinos have officially hit the market. With the improvements seen in revenue, that is now unlikely to take place.

Some of the smaller casinos in Las Vegas are still likely to be sold over the next nine months. That’s particularly true with the off-Strip venues struggling to bring in players. We’ll be sure to offer updates on these sales as the year goes on.

Are you surprised to hear about the Rio Las Vegas? Do you think this will help this property? Let us know in the comments section below.

Will We See a Casino at the Miami Doral Resort?

Trump Miami Doral Resort

Florida is known for having one of the most successful gambling industries in the Southern US. Recently, there has been a major push to allow more casinos in this state. Eric Trump is now working hard to get a casino at the Miami Doral Resort.

Lawmakers in Florida believe more casinos could help to bring in some much-needed revenue right now. Today, we’ll talk about why the Miami Doral Resort is being considered. We’ll also look at some of the other ways the state’s gambling industry could expand.

Let’s get into it!

Florida Casinos Benefit From the State’s Relaxed Restrictions

Florida is home to a huge land-based gambling industry. Many of the gambling venues here are known as “racinos,” offering both horse race betting and a limited set of casino games. There are also some Class III casinos operated by Native American tribes in the state.

Back in March of 2020, this industry took a massive blow. State leaders ordered all casinos in Florida to close their doors. These venues remained closed for months while health officials tried to understand what the country was facing.

This industry is now in recovery mode. Most of the casinos in this state are now open to the public again. Gaming revenue from these venues has been slowly increasing over the past couple of months.

Florida now has some of the most relaxed regulations in the country. Most businesses here are able to operate freely at this point. Health experts are raising concerns, yet the casino industry in Florida is certainly benefiting from this industry.

Of course, Florida is in serious need of tax revenue right now. As a result, many state leaders are expressing interest in allowing more casinos to open their doors here. There are several possible locations being discussed to host one of these new gaming venues.

The Trump Organization is now interested in hosting one of Florida’s new casinos. Here’s what we know about this situation.

Eric Trump Wants to See a Casino at the Miami Doral Resort

Many have been excited to hear about Florida’s push to open more casinos. As restrictions are lifted, more people around the country are expressing excitement to visit casinos. It seems likely that the state will see a huge surge of gaming revenue over the next few months.

This week, Eric Trump began publicly pushing to get a casino at the Miami Doral Resort. This Resort was opened in 1962 and is a popular golf-resort in the Miami area. Eric believes it’s the perfect location to host one of Florida’s new casinos.

“Many people consider Trump Doral to be unmatched from a gaming perspective — at 700 acres, properties just don’t exist of that size and quality in South Florida, let alone in the heart of Miami,” he said. 

Interestingly, revenue from this resort has been dropping lately. For several reasons, the Miami Doral Resort isn’t performing as well as other similar venues in the area. A casino, Eric Trump argues, could be the perfect way to reverse this trend.

There are still many steps that will need to be taken in order for this casino to be approved. Ultimately, Governor Jeb Bush will need to give his approval for more casinos to open in Florida. That won’t be easy when considering the relationship between Trump and Bush.

It seems likely that more casinos will be given permission to open in Florida sometime soon. Whether or not we’ll see a casino at the Miami Doral Resort is not yet known. Stay tuned for updates over the next few months!

Sports Betting Plans in Florida are Still Stuck in Place

The US sports betting industry is expanding at a rapid pace. Today, more than half of the country now has a sports gambling industry set in place. Most of these states are earning huge revenue figures from this industry.

Several states in the Southern US now have sports betting platforms up and running. That includes Mississippi and Arkansas. Even states with extremely harsh laws towards gambling such as Georgia are now interested in legalizing this form of gambling.

Unfortunately, Florida has been slow to embrace sports betting. Like California, the state of Florida needs to come to an agreement with a major Native American tribe to get this industry up and running. The Seminole Tribe has been hesitant to give approval lately.

There seems to be some progress, though. In February, a major legislative session was held with sports betting as a primary talking point. Several bills are being presented here to get this industry up and running.

Hope is that sports betting will be approved here before the end of 2021. If both online and land-based sports betting is approved, Florida will likely see huge revenue figures come in. It’s an exciting time for gambling fans in the Sunshine State.

Do you think we’ll see a Miami Doral Resort even open? When do you expect sports betting to become legal in Florida? Let us know in the comments section below.

We Could See a Casino in Queens Opening Sometime Soon

Resorts World NY

The push to get a real Class III casino in New York City continues. It’s been a long, complicated process to get a major gaming venue in the Big Apple. Now, many are looking at possible locations for this property. Some believe we’ll see a casino in Queens opening its doors sometime soon.

This seems like a logical location for this new venue. Today, we’ll discuss why Queens may be the best area for a casino. We’ll also talk about what needs to happen for a New York City casino to open its doors.

Here’s what you need to know!

Lawmakers Continue Working to Expand New York’s Gambling Industry

New York’s gambling industry is still fairly new. For decades, officials here prevented any real commercial gambling properties from operating in the state. Finally, in 2013, the state government approved a new measure to allow commercial casinos here.

This proved to be a game-changer for New York’s gambling industry. It didn’t take long for major casino companies to begin opening casinos in the Upstate area. Unfortunately, state leaders did not permit any casinos to open in New York City.

Many now believe that it’s time for New York to expand its gambling options. A few years ago, the state legalized sports betting. Interestingly, only land-based sports betting was allowed here. The state pushed against the legalization of internet sports gambling.

More are now pushing for Governor Cuomo to begin allowing internet sports betting. New York’s sports betting revenue has been significantly lower than neighboring states. Until online sportsbooks become regulated here, this will not change.

There is also a huge push to allow more casinos to open around the state. The past year has been extremely tough for the casinos in Upstate New York. Many believe the state would benefit greatly from allowing casinos in New York City.

It seems that some progress is being made to get a casino opened in New York. Here’s a look at where this property could open its doors.

Here’s Why More are Pushing to See a Casino in Queens

As we just mentioned, New York’s gambling industry has expanded in a big way over the past few years. It is still significantly smaller than some of the other ones nearby such as New Jersey’s and Pennsylvania’s. Allowing a casino in New York City could be a great way for the state to compete in the market.

There have been some major issues getting this venue approved. Some in New York City believe that opening a casino here will result in an increase in crime. As time goes on, however, more are embracing the idea of a Class III casino in the city.

It now seems there could be a casino in Queens opening its doors sometime in the future. Queens is currently home to Resorts World Casino New York City. This isn’t a real casino and is only able to offer a limited set of electronic games.

Resorts World is one of the main candidates to become the first real casino in NYC. Meghan Taylor, the vice president of Government Affairs and Public Relations for Resorts World Casino, believes this will help to bring some much-needed revenue for the state moving forward.

“We are in an extremely different time in 2021, post-pandemic, where the state is dying for an economic boost,” Taylor said. “What that means is thousands of jobs being created almost immediately, and those thousands of jobs are for communities or really would be in communities that are in need of quality, high-paying jobs.”

This is exactly what many other state leaders are beginning to realize. New York is in serious need of tax money right now. A legalized casino in New York City could be the perfect way to achieve this goal.

The push to allow online sports betting continues, too. Here’s a look at what is happening on that front.

Now is the Perfect Time to Allow Online Sports Betting in NY

New York once had some of the strictest gambling laws in the country. For one reason or another, state leaders pushed against the legalization of almost all forms of gambling. Only recently have things begun to change here.

Land-based sports betting is now available in the state. No regulated online sportsbooks are currently allowed here. There has been intense pressure on Governor Cuomo to finally change this ban on internet sports betting, though.

Several companies seem ready to break into the state’s new online market. That includes Penn National Gaming, which recently secured a deal with the Twin Rivers Casino in New York. This will allow Penn Gaming to launch online sportsbooks in the state as soon as it becomes legal.

It seems likely that New York could grow to have one of the largest sports betting markets in the country with the legalization of online sportsbooks. New Jersey is setting new revenue records almost every month from this industry. It’s bringing the state a huge amount of tax money.

The gambling industry in New York seems likely to change in a big way soon. Most expect to see online sports gambling legal here within a year or two. We may even see a real casino in Queens open its doors soon!

Do you think it’s time for New York City to open a Class III casino? When do you expect online sports betting to become legal here? Let us know in the comments section below.

Casino Capacity Limits in Las Vegas are Increasing Once Again!

Caesars Palace Las Vegas

Las Vegas is still working hard to bring in tourists. The city seems to be on the path to doing so, with more venues opening up every month. This week, reports came out claiming that casino capacity limits in Las Vegas are increasing once again.

This is fantastic news for the owners of these casinos. Allowing more players is a crucial step in getting revenue figures back to 2019-levels. Today, we’ll talk about how this new rule could impact Las Vegas moving forward.

Let’s get into it!

Analysts Predict a Successful Summer for Las Vegas Casinos

The past year was certainly one that most US casino companies would like to forget. For months, the country’s gambling industry was completely shut down. Places like Las Vegas immediately started seeing unprecedented drops in tourism and gaming revenue.

Over the summer of 2020, things began to improve. The warmer weather seemed to attract more people into the city. Restrictions began dropping and many casinos started seeing an increase in their revenue figures.

As the winter approached, infection rates began to increase around the country and tourism rates in Las Vegas dropped once again. This was an extremely difficult time for the gaming operators here. Fortunately, it seems that things are improving.

Tourism rates are once again beginning to increase in Las Vegas. As a result, many casino companies here are choosing to resume 24-hour operations. Several prominent analysts believe this city will see a major surge of tourism and revenue by the time summer rolls around.

There are some clear signs that things are improving. Vaccine distribution is increasing around the country and travel is starting to ramp up once again.

Things are still far from normal in Las Vegas. Fortunately, state leaders are choosing to remove even more restrictions for the casinos in this city.

Gov. Sisolak Gives Green Light to Increase Casino Capacity Limits in Las Vegas

There are many things necessary for Las Vegas to return to normal. One is the removal of the heavy restrictions for the businesses here. These rules are keeping many people around the country from visiting Las Vegas.

There have been some major restrictions lifted in recent weeks. As infection rates in the city drop, casinos are given more leniency. This is already helping to bring in more visitors from around the US.

This week, news broke that casino capacity limits in Las Vegas are increasing once again. Moving forward, the casinos here are able to operate at 50% capacity. That is a major increase from the 35% allowed previously.

More casinos are now choosing to increase their operating hours. Caesars Entertainment recently announced that two more of its properties are deciding to resume 24-hour operations. Alexandria Dazlich, a member of the Nevada Restaurant Association, believes it won’t be long before full capacity is allowed inside casinos again.

“With more and more people getting vaccinated, restaurant employees, we hopefully are working towards something that is looking more to full capacity or 100% so I think that is important for both casino properties as well as properties off strip as well,” she said. 

The casino companies in Las Vegas clearly have reason to get excited. Stay tuned for updates on the tourism and revenue figures here.

Resorts World Las Vegas is Just a Few Months Away From Opening

The casinos in Las Vegas are known for being the biggest and best in the world. Soon, one of the coolest new gambling venues will officially open its doors here. Many have been looking to see Resorts World Las Vegas finally open for years.

There has been a tremendous amount of hype surrounding this venue. At $4.2 billion, it is the most expensive casino-resort ever built in this city. It is currently being built in the northern area of the Las Vegas Strip.

An official opening date has not yet been revealed. It has been confirmed, however, that this property will be opening its doors sometime this summer. This property’s opening will likely help to bring in even more visitors to Las Vegas.

Resorts World Las Vegas is still looking for employees. Tens of thousands of individuals have already applied for a position here. Many are hoping to secure a job at one of the most exciting new gambling venues in the city.

The timing could world out well. Resorts World may be opening its doors for the first time in the middle of a major tourism boom. Hopefully, this venue ends up being a huge success.

Are you happy to see casino capacity limits in Las Vegas increasing? Let us know in the comments section below!

The Security at Wynn Las Vegas is Ramping Up Right Now

Wynn Las Vegas

Wynn Resorts owns some of the biggest and best casino-resorts on the planet. That includes several in the city of Las Vegas. New reports claim that the security at Wynn Las Vegas is beginning to ramp up due to recent events.

The Las Vegas Strip is generally a safe area. Occasionally, however, bad things happen at the biggest casino-resorts in the city. Now is a great time to talk about what is changing over at Wynn Las Vegas.

Let’s get into it!

Many Restrictions are Being Lifted in Las Vegas

Las Vegas has been under intense restrictions for almost an entire year. That’s made things tough for many of the businesses here. Tourism rates have been low and casino companies were left with small revenue figures for months.

Many felt that the heavy restrictions set in place were leading to these drops in tourism. Very few people around the country were interested in making the trip to Las Vegas with the rules set in place. There has been serious pressure on Governor Sisolak to begin lifting these restrictions.

Sisolak now feels things are safe enough to start getting back to normal. Recently, Las Vegas has been seeing major restrictions being lifted. Most venues in the city are now able to operate at 35%.

Soon, even more restrictions will be lifted. Nightclubs and similar venues will be given permission to open their doors to the public. This will likely help to significantly boost tourism rates in the city, particularly as the warmer weather approaches.

Casinos in Las Vegas here have reason to celebrate. Finally, there seems to be a light at the end of the tunnel for the city of Las Vegas. Many experts expect to see a major increase in visitors here over the next few months.

Crime is always an issue in major cities such as Las Vegas. Some of the gambling venues here are now choosing to ramp up their security measures.

Reports Confirm the Security at Wynn Las Vegas is Increasing

There are a huge number of world-class casino-resorts operating in Las Vegas. Most agree that the Wynn Las Vegas and Encore Las Vegas are two of the best. These two venues are located in the northern area of the Strip and are known for their opulence.

Unfortunately, crime rates have been slightly higher in Las Vegas over the past year than they have been in the past. As a result, many casinos here have been forced to implement more intense safety regulations.

Earlier this week, news broke that a shooting of a security officer occurred at the Wynn Las Vegas Casino-Resort. This latest incident seems to have been enough for the owners of this venue to make a change. We’re now beginning to hear more about the increase in security at Wynn Las Vegas.

Reports have confirmed that this popular casino-resort is choosing to add armed officers with body armor to its security team. This comes as a direct result of the security officer shooting this week. Wynn wants to ensure its employees stay as safe as possible.

Some might be concerned about these increases in security lately. The vast majority of visitors to Las Vegas still have nothing to worry about. Violent crime is very rare in Las Vegas and these new types of security measures will help to make things even safer in the country.

Wynn Resorts has reason to be optimistic right now. A new influx of visitors is expected over the next few months. How are other major casino hubs faring right now?

Atlantic City is Preparing for a Surge of Tourism

Las Vegas is far from the only major casino hub in the United States. The entire US gambling industry has been expanding over the past few years. There are now many cities around the country home to fantastic casino-resorts.

Atlantic City is without a doubt the biggest gaming hub on the East Coast. This city has grown tremendously over the past decade. Prior to 2020, this city was seeing steady increases in its gambling revenue.

The events that unfolded in 2020 put a halt to much of the progress in this city. Fortunately, this city is beginning to see increases in its tourism and revenue. Much of that also has to do with the lifting of intense regulations in the city.

A recent poll showed that the majority of travelers are willing to visit Atlantic City this year. It’s exactly the kind of news that the casino companies here hoped to hear. Some are now preparing their hotels for an increase in visitors.

There are some big things happening in the country’s casino industry. If all goes according to plan, this could result in a fantastic year for the companies operating these gambling venues. We’ll be sure to offer more updates on these cities over the next few months.

Are you surprised to hear that security at Wynn Las Vegas is increasing? Let us know in the comments section below.

Here’s What We Know About the MGM Resorts Lawsuit

MGM Resorts Lawsuit

MGM Resorts is known as one of the biggest, most successful casino companies in the world. That doesn’t make it immune to lawsuits, though. It appears the company is now facing legal trouble over its resort fees. Today, we’ll discuss the details of this new MGM Resorts lawsuit.

This lawsuit doesn’t come at the most ideal time. MGM Resorts continues to see large revenue drops from its properties around the world.

Here’s what we know about this situation.

MGM Resorts Continues to Expand Casino Operations

MGM Resorts, along with all other major casino companies, were hit extremely hard in 2020. The mass casino shutdowns in March of last year took a devastating toll on the entire casino industry. Every state across the country ordered its gambling venues to shut down.

That was almost exactly one year ago. Incredibly, revenue from this industry still has not recovered. Casino companies are still seeing big drops in their monthly earnings and no one knows when things will return to normal.

Some of the country’s biggest gambling hubs are beginning to recover, though. Places like Las Vegas and Atlantic City are seeing major increases in their tourism rates. It’s a welcome sight for the casino operators in these areas.

MGM Resorts has decided to resume 24-hour operations for many of its properties in Las Vegas. The company clearly feels that enough tourists will begin flocking to the city to make this profitable. More companies are choosing to do the same.

There are some reasons to be optimistic about the future of the US casino industry. Infection rates are beginning to drop and vaccine distribution is ramping up. That could bode extremely well for major casino hubs by the time summer rolls around.

Casino companies face legal troubles from time to time. We’re now beginning to hear more about what is happening with MGM Resorts right now.

More Details on the MGM Resorts Lawsuit are Coming Out

MGM Resorts has been one of the biggest casino companies in the US for many years. It currently owns a huge number of casino-resorts in Las Vegas. This company also has some massive gaming properties in Macau.

Like all other casino companies, MGM Resorts is known to charge what are known as “resort fees.” These are essentially charges to guests that help to fund various amenities of casino-resorts. That includes things like the pool, gym, WiFi, etc…

This week, a major travel advocacy group called Travelers United officially filed a lawsuit against MGM Resorts for engaging in deceptive resort fee charges. The group claims that MGM Resorts does not accurately reflect their resort fees during booking. It’s a complaint that many have made against this company over the years.

Essentially, Travelers United claims that MGM advertises a less expensive price to their customers. Only later in the booking process are these resort fees revealed. The group believes this directly goes against the Consumer Protection Procedures Act.

This MGM Resorts lawsuit is not entirely unexpected. It comes at a difficult time when the company is already dealing with major revenue drops, though. MGM has yet to formally issue a response to the news of this legal case.

If Travelers United wins, it may change how MGM Resorts advertises its rates moving forward. Stay tuned for updates on this situation over the next few months!

More Casino Companies Begin Focusing on Macau

For a time, Macau was one of the worst-hit casino companies in the world from the events that unfolded in 2020. Tourism into Macau remained extremely low throughout last year. Finally, things are beginning to improve here.

Macau’s travel restrictions to and from Mainland China are now getting lifted. Mandatory quarantine laws are also being removed. As a result, tourism rates in this city are steadily increasing each month.

Many US casino companies are now focusing more on their operations here. That includes Las Vegas Sands. This company recently sold some of its biggest properties in Las Vegas as a way to focus more on Macau.

These companies believe that Macau will soon become the world’s most profitable casino industry. As tourism here increases, the casino-resorts will see a massive surge in revenue. It’s an exciting time for the companies with gaming venues here.

It’s an interesting time for the world’s gaming industry. Hopefully, casino companies begin seeing revenue increases over the next few months. It will be interesting to see how the MGM Resorts lawsuit affects the company in the future.

Do you think the lawsuit against MGM Resorts is fair? Let us know in the comments section below.

The Push to Open a Real Casino in Chicago Continues

Mayor Lori Lightfoot

For years, officials in Illinois have been looking at plans to open a Class III casino in the city of Illinois. It hasn’t been easy and several huge delays have come up getting this venue up and running. It now appears that the push to open a real casino in Chicago is once again ramping up.

Many of the leaders in this city feel now is a great time to get this property up and running. Unfortunately, there are still some issues getting in the way. Today, we’ll talk about when this Chicago casino could eventually start operating.

Let’s get into it!

The US Casino Industry Shows Signs of Recovery

There has been a huge amount of attention placed on the land-based casino industry over the past year. In March of 2020, this entire industry came to a screeching halt. States across the country were forced to order their casinos to shut down.

This affected certain areas more than others. Places like Las Vegas and Atlantic City were hit extremely hard. These cities are known as major gambling hubs and rely heavily on tourism. When the casinos shut down, tourism rates plummeted.

Some clear signs are now pointing to a recovery for this industry. Infection rates are beginning to drop in many areas of the country. As a result, several casino hubs are seeing an easing of major restrictions.

Tourism is beginning to increase as these restrictions are lifted. Las Vegas casinos recently began operating at 35% occupancy. Some experts believe that this city will begin seeing a massive surge of visitors by the time summer rolls around.

Several states are now interested in expanding their casino industries. That includes Illinois, which passed a capital plan allowing new casinos to open around the state back in 2019.

Chicago has been interested in opening a new casino for years. For several reasons, this has not taken place. There now seems to be some progress being made.

Lori Lightfoot Wants to See a Real Casino in Chicago Soon

Chicago has never been home to a real Class III casino. Many have complained of this fact and believe a casino in the Windy City would be hugely successful. Finally, in mid-2019, state officials agreed and approved a plan to open a gambling venue here.

The state initially set extremely high tax rates on this property. As a result, no companies expressed interest in operating a casino here. This rate was eventually lowered as a way to make things more appealing for potential operators.

Location then became a major issue. City officials were finding it difficult to find the most ideal spot in Chicago to host this new property. There are still a few possible locations being considered throughout Chicago.

There is now some real progress being made to open a real casino in Chicago. Mayor Lori Lightfoot claims she wants to choose a winning bidder to host this new casino before the end of the year. Companies can begin sending their proposals to operate this venue in April.

“This is taking too long,” Lightfoot said of the process. “I’m an impatient person by nature. This has been a long time coming. We are not going to undercut this opportunity.”

Analysts believe that a casino in Chicago will help to significantly boost tourism into the city. The revenue earned from this venue will also help to fund various state programs. It seems to be a win-win situation and officials now want to move forward with the plans to get this property operational.

We’ll be sure to offer more updates on this venue over the next few months.

Illinois’ Sports Betting Industry is Quickly Expanding

Legal sports betting finally arrived in Illinois on March 9, 2020. It has grown exponentially since that time thanks to looser rules on online sportsbook registrations. Illinois is now seeing regular increases in its sports gambling revenue.

$581.6 million was placed on sports bets here in January. That makes Illinois just the fourth state in the country to have a monthly sports betting handle surpassing $500 million. Sportsbooks earned $49.4 million in taxable revenue.

Most experts expect to see a significantly larger handle in February. This year’s Super Bowl will likely be the most-bet-on sporting event in history. Illinois will almost surely see its largest handle and revenue figures to date.

This state is clearly going all-in on its gambling industry. Sports betting is proving to be extremely profitable every single month. Several new casinos will soon begin operating throughout Illinois, as well.

It seems likely that we will see a real casino in Chicago open its doors within the next few years. Lori Lightfoot is being proactive at getting this process complete. Hopefully, the entire US casino industry is in a much better place by the time this property opens its doors.

Are you excited to see a new casino in Chicago? When do you expect to see it open? Let us know in the comments section below.

Atlantic City’s Tourism Rates Could Soon Begin to Surge

Atlantic City Casinos

Atlantic City, like all other major casino destinations, is continuing to work on bringing in more tourists. It hasn’t been easy lately, yet there are some signs that things are beginning to improve. New reports claim we could see a major surge in Atlantic City’s tourism rates soon.

That’s fantastic news for the casino companies here. Many of the other non-gaming businesses that rely on tourism have reason to be excited. Today, we’ll discuss what will help Atlantic City bring in more visitors.

Here’s what we know!

New Jersey’s Sports Betting Industry is Still Thriving

New Jersey was one of the first states to formally legalize sports betting after PASPA was struck down in mid-2018. This has proven to be a fantastic decision for the state. This industry is helping to bring New Jersey an extraordinary amount of revenue each month.

Amazingly, these revenue figures seem to be increasing. The state set new sports betting handle records throughout 2020. It now seems destined to do the same in 2021. January proved to be a very successful month for the casinos in Atlantic City that operate sportsbooks.

These sportsbooks managed to bring in a total of $86.2 million in revenue that month. In total, $958.7 million was placed on sports in January. That includes both land-based and online sports wagers. The latter is proving to generate far more revenue.

New Jersey is now closing in on a historic $1 billion sports betting handle. Most analysts now feel that this state is the sports betting capital of the US. It is drawing in a huge number of sports bettors from New York who only need to cross into the New Jersey border to make bets on their favorite teams and players.

New York is currently looking into the legalization of online sports betting. This would likely result in a slight drop in New Jersey’s monthly revenue figures. It will take a lot for any state to surpass New Jersey’s industry, though.

Sports betting is helping many companies in New Jersey cope with the drop in tourism. Fortunately, it seems that a surge of new visitors to this city could be just around the corner.

Here’s Why Atlantic City’s Tourism Rates Could Soon Increase

Atlantic City is a city that relies heavily on tourism. When the casinos shut down in March of 2020, many of the businesses here immediately began to suffer. Tourism rates have been slowly increasing here over the past few months.

Land-based revenue is still far behind what it should be, though. Casinos are doing what they can to change this trend. Until the city sees a major surge of tourism, however, the revenue earned from brick-and-mortar casinos will remain low.

There are many that now believe tourism rates in Atlantic City are about to surge. Recently, Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism conducted a poll asking people if they planned to visit Atlantic City. The results are giving the companies in this city reason to celebrate.

More than 70% of those polled revealed they expected to make a trip to this city in 2021. Over 42% claim they have already made a trip here. As more restrictions are lifted, more people around the country are becoming interested in visiting this casino hub.

Jane Bokunewicz, one of the coordinators of this poll, offered some insight into what is leading to this tourism boost.

“The casinos and other dining and entertainment venues have done a good job implementing COVID-19 safety measures while also still providing the experiences visitors expect when they come to Atlantic City,” she said. “Even as restrictions are gradually lifted, and more people get a vaccine, the venues will still have to demonstrate that they are taking all necessary precautions to make visitors feel welcomed and safe.”

Will Atlantic City see 2019-level tourism rates soon? Probably not. If all goes according to plan, however, there will be a significant boost in tourism here over the next few months.

Las Vegas Casinos Prepare for Easing of Restrictions

Atlantic City isn’t the only major casino hubs with high expectations. Over in Las Vegas, casino companies are preparing for a new wave of tourism over the summer. If all goes according to plan, Governor Sisolak will once again announce a new easing back of the regulations here.

This is looking more likely every day. In mid-February, Sisolak began allowing casinos in Las Vegas to begin operating at 35% capacity. Restaurants can also now begin operating without requiring reservations.

Sisolak continues to ease back on restrictions. Much like Atlantic City, this is resulting in a major tourism boom. If infection rates continue to drop, many of the most popular entertainment options in Las Vegas will be given permission to resume, as well.

There are some exciting venues scheduled to open their doors in this city soon. That includes the Virgin Hotel-Casino. Virgin has invested a tremendous amount of money into this casino and hope its opening will help to boost tourism in las Vegas.

Resorts World Las Vegas will be opening its doors this summer. At $4.2 billion, it is the most expensive casino-resort even built in Las Vegas. There will be many interested in seeing this new venue open after years of construction.

Do you expect to see tourism rates in Atlantic City increasing soon? Let us know in the comments section below!

Alabama Gambling Bill Headed to the Senate This Week

Alabama State Seal With a Casino Background

Reublican Senator Del Marsh revealed on Monday that the Alabama Senate will be debating on the Alabama gambling bill soon. Marsh says that he expects his bill to be taken up by the Alabama senate on Tuesday. He claims to have the necessary votes needed to pass the legislation out of the Senate. If it passes the senate, it will be sent to the House for more consideration.

Proposal for Five Casino Sites

The latest version of the Alabama gamlbling bill provides for the establishment of a State Lottery and five casinos-one at each of the four existing dog parks and a fifth site that will be run by the Poarch Band of Creek Indians. It will also authorize an agreement with the Poarch Band of Creek Indians for the operation of casino games at their three properties that currently offer electronic bingo games.

Small site operators in Houston and Lowndes county have asked to be included but according to Sen. Marsh, Governor Kay Ivey was “very clear” that she didn’t want too many casino sites in the state. Because of that, the bill will limit casino operators to just five, at least for now.

Lawsuit Filed Against Marsh

Marsh’s announcement was somewhat clouded when a case was filed against him on Monday. The lawsuit, filed by Age With Dignity, Inc., OIC Dream Greene County and Dream County, INC alleges that Marsh received bribes from the Poarch Band of Creek Indians related to his push for gambling in the state. Both Marsh and the Poarch Band of Creek Indians have denied the accusations, with the latter issuing a statement calling the lawsuit “nonsense”.

The lawsuit also claims that Senate Bill 214 creates an “illegal monopoly”, claiming that some local local economies in some communities in Alabama would be missing out on thousands of dollars with the bill limiting casino operations to five sites plus the three existing tribal properties.

More State Residents Push to Allow Legal Casinos in Texas

Texas State Flag

For months, there has been an ongoing discussion on whether or not to begin allowing casinos to operate in the state of Texas. Many, particularly lawmakers, are torn on the subject. New reports claim that a growing number of state residents are now pushing to allow legal casinos in Texas.

Many analysts now feel that allowing casinos will help to bring the state a huge amount of revenue each year. It could also help to keep more money from flowing into neighboring states with casino industries up and running. Now is a great time to talk about what could lead to casinos being legalized here soon.

Let’s get into it!

Las Vegas Sands Continues Pushing Into Texas

The US gambling industry has been growing steadily over the past decade. Prior to 2020, casino revenue was surging around the United States. Many states began allowing new casino-resorts to open.

Of course, the events that unfolded in 2020 put a halt to much of this progress. For months, all casinos around the country were completely shut down. Most began reopening around the summertime, yet revenue figures were extremely slow to increase.

Despite the difficulties, Las Vegas Sands is continuing to make a push into the state of Texas. This isn’t easy when considering all casinos are completely banned here. Company officials are trying to convince lawmakers to finally change their stance towards this industry.

Things have been extremely tough for Las Vegas Sands in recent months. The company has been seeing extremely low earnings over the past twelve months. Longtime CEO Sheldon Adelson passed away earlier this year. LVS was even forced to sell The Venetian Casino-Resort in Las Vegas to focus more on operations in Asia.

Texas remains an extremely exciting market for some of the country’s biggest casino companies. Many feel that it’s time for the Lone Star State to update its gambling laws. That includes a huge number of residents.

There is some progress being made to finally allow casinos here. Unfortunately, several massive hurdles are in the way of the state’s casino industry launching.

Majority of Residents Support Allowing Legal Casinos in Texas

There are many states around the country that do not allow casinos. There are many reasons why this is. As the years go on, however, more parts of the country are taking a closer, more realistic look at this industry.

Texas has been known as one of the most anti-gambling states for years. It’s a shame, as several nearby states such as Louisiana and Oklahoma are home to a huge number of popular casinos. Lawmakers in Texas have simply pushed against allowing any casinos to operate in the state.

A new poll by The Dallas Morning News and the University of Texas at Tyler revealed that the majority of residents in Texas now support allowing casinos. 57% of those polled support casinos. Just 29% of those polled were against the legalization of casinos.

This isn’t completely surprising. An estimated $2.5 billion is spent on gambling operations in other areas of the country. Many residents here now recognize that fact and believe this money should stay within the state.

Many lawmakers are still pushing against the legalization of casinos. Even Governor Greg Abbott seems to feel this isn’t a pressing issue right now. It will be very interesting to see how things evolve with the gambling industry here over the next few months.

Texas could someday be home to a large casino industry. There are now many asking how things will play out in the country’s biggest gambling hub, Las Vegas.

Las Vegas May Bounce Back This Summer

2020 took a devastating toll on the entire US casino industry. Las Vegas was hit particularly hard because of the events that unfolded last year. The casino shutdowns here were forced to close their doors for months, leading to an almost complete stop of tourism.

Things are beginning to improve here, though. Tourism has been slowly increasing in Las Vegas throughout 2021. A drop in infection rates has led Governor Sisolak to remove certain restrictions that also help to boost tourism rates.

Some analysts believe that by summer, the city will be in the middle of a major comeback. Summer tends to bring the most tourists into Las Vegas. With effective vaccine distribution, many are likely to feel more comfortable making the trip to the country’s biggest casino destination.

Casinos here are already seeing an increase in revenue. Several recently began resuming their 24-hour operations. If infection rates continue to drop, more venues such as nightclubs and similar venues will be given permission to reopen.

There could be a huge comeback for the entire US casino industry. Gambling companies are certainly hopeful. We’ll be sure to report on more revenue earnings over the next few weeks.

Do you think we’ll see legal casinos in Texas soon? Let us know in the comments section below!