Virginia’s Gambling Industry is Ready to Expand

Over the past few months, lawmakers in Virginia have discussed plans to allow commercial casinos and sports betting. It’s a huge change, as in the past, very few forms of gambling were allowed here. Today, we’re going to look at how Virginia’s gambling industry could expand over the next few months. West Virginia

It’s an exciting time for both casino gambling and sports betting fans in the state. There’s a lot scheduled to come here over the next couple of months.

Bill to Allow Commercial Casinos Advances in Virginia

State officials in Virginia have discussed plans to allow casino gambling for years. In 2013, a push was made to start allowing riverboat casinos here. It was nearly approved, yet ultimately failed in the State Senate.

Gambling proponents haven’t given up, though. Many politicians here have continued to push for the legalization of land-based casinos. These gambling venues will help to bring the state millions of dollars, officials argue.

Finally, it appears these casinos may be on their way. In November, a bill to allow commercial casinos in Virginia was approved by a Senate Subcommittee. Lawmakers here are now reviewing this bill to see how it will impact the state.

Before this can be done, several steps need to be taken. The bill still needs to gain approval from the Senate and House. Eventually, residents in Virginia will need to approve the new casino plans, as well.

Virginia’s gambling industry is set to expand soon. This week, several experts began to raise concerns about problem gambling in the state.

Virginia Residents Warn About the Dangers of Gambling Addiction

There are several reasons why Virginia has been so anti-gambling over the years. Lawmakers here have been very concerned about the dangers that this industry poses on society. With Virginia’s gambling industry set to expand, several experts in the state have once again begun warning about the dangers of gambling addiction.

Billy Hoffman, a former gambling addict and current member of Gamblers Anonymous, spoke about the dangers of this new industry. He claims that unlike most substance addiction, gambling offers a sense of hope. Dr. Carolyn Hawley, the president of the problem gambling council in Virginia, spoke about these issues, as well.

“As we’ve seen those markets expand, we’re seeing more people reporting those problems,” she said. “We have to have those discussions and a comprehensive plan in place, because there are some people who develop significant problems. And that hurts the individual. It hurts their families. It hurts their communities.”

Several lawmakers in the state recognize the dangers of this new industry. Fortunately, they have a huge number of other states to ask for guidance. Many states around the country have recently begun to expand their casino and sports gambling laws.

There are certainly more pros than cons when it comes to the gambling industry. Virginia will likely soon begin earning millions of dollars a month in the form of gambling taxes. This is especially true if the state decides to allow sports gambling.

Will Virginia’s Gambling Industry Include Sports Betting?

Since May of 2018, every state in the country has the ability to legalize sports betting. This is thanks to the Supreme Court striking down PASPA. Since that time, 21 states have officially decided to legalize and regulate sports gambling.

Many of these states are now earning a huge amount of money from the industry. New Jersey, in particular, is bringing in an incredible amount of revenue from taxing the state’s legal sports betting operators. Virginia lawmakers seem to recognize this and seem ready to embrace the sports gambling industry.

The state’s sports betting bills recently passed through the Virginia General Assembly. Under this bill, Virginia’s Lottery Board will take control of sports betting regulation. Hope is that the state’s sports betting options are available before the end of the year.

Lawmakers seem to recognize that it’s time for Virginia’s gambling industry to grow. Many states around the country are choosing to earn more money from their gaming markets every month.

It’s still unclear exactly when the first casinos will begin operating here. Several Native American tribes have recently begun presenting plans to open casinos in different parts of the state. In time, Virginia may become one of the East Coast’s gambling hubs.

Stay tuned for more Virginia gambling news over the next few months!

Henderson Will Host Community Meeting on Proposed AHL Arena

People on Hockey Arena Playing Hockey
Next month, the city of Henderson plans to host a community meeting to discuss residents’ concerns and questions regarding the proposal of a minor league hockey arena in the city.

Plans for a 6,000-seat arena were announced earlier this month by city officials. They advised that the current Henderson Pavilion will serve as the building site for the new arena. The Henderson Pavilion, located on 200 S. Green Valley Pkwy, is the largest open-air amphitheater in Nevada and has been used primarily for music performances.

The Pavilion is known for its 40,000-square-foot canopy style roof, which has been severely damaged in weather-related incidents in recent years, naming wind damage. Due to the damage, city officials already began evaluating how to repair and modernize the facility to optimize even greater entertainment opportunities, while preventing further damage to the useable infrastructure.

The City had talks of turning the Pavilion into an enclosed venue, so that events could be held yearlong and not be restricted to months with milder temperatures. However, the announcement of the Vegas Golden Knight’s acquisition of an American Hockey League (AHL) presented an exciting new opportunity during the Pavilion’s phase of reimaging its future use.

According to the City of Henderson website:

“While the City was envisioning the future of the Pavilion as an enclosed venue, the February 6, 2020 announcement by the Vegas Golden Knights (VGK) of their acquisition of an American Hockey League (AHL) team and intention to relocate it to southern Nevada made it clear that there was an opportunity to build upon the successful public-private partnership the City had established with the VGK.

This expanded partnership presents an exciting new opportunity to enhance the current Henderson Pavilion site by creating a 6000-seat family-friendly entertainment venue where the City can host concerts, cultural arts performances, high school and college graduations, youth and club hockey activities, meetings, and other community events in addition to hosting Henderson’s hometown professional hockey team.”

Community Meeting Details

Henderson residents are being encouraged to send over any questions and comments they want addressed to the city through an online submission form.

Community Meeting Details:

Date: Monday, March 9

Start Time: 4 p.m.

Location: Sun City MacDonald Ranch Clubhouse

2020 W Horizon Ridge Pkwy, Henderson, NV 89012

Additional presentations are also set to take place at 5 and 6 p.m.

Vegas New Professional Hockey Team

The Golden Knights announced in the beginning of this month their purchase of the San Antonio Rampage, an AHL affiliate of the St. Louis Blues, and revealed their plans to relocate the team to the Henderson/Las Vegas area.

Pending approval from the AHL Board of Governors, the San Antonio Rampage will begin their first season at the Orleans Arena before moving to their new home arena.

What is the American Hockey League?

Outside of the National Hockey League, the American Hockey League is the top-level of professional hockey in the US.

One of the big drawing points to having an AHL franchise in the Vegas valley is the chance for fans to see Golden Knights’ top prospects up close.

Prior to the San Antonio Rampage, Las Vegas had two other minor league hockey teams: the Las Vegas Thunder, which played six seasons from 1993 to 1999, and the Las Vegas Wranglers, who played at the Orleans Arena between 2003 o 2014.

Around 100k in Attendance for 2020 Nevada Democratic Caucus

State of Nevada Flag Waving
Up nearly 16,000 people in attendance from 2016’s caucus, which saw close to 84,000 people turn out, this year’s numbers toppled almost 100k, according to the Nevada State Democratic Party.

The vast majority of that number, nearly 75,000 people, showed up to participate in in-person early voting. In-person voting was held at several precinct locations around Nevada over a four-day period.

For Saturday’s designated caucus day, around a quarter of the people showed up, about 25,000 in numbers. Many of those in attendance were first-time caucus-goers, according to a spokesperson for the state party.

Caucus’ Big Winners and Losers

As of Monday, roughly 96 percent of precincts have reported the self-proclaimed democratic socialist, Sanders, as the projected Democratic winner, earning 6,589 county delegates. This was Biden’s best finish thus far, ending in second place. However, Biden could still win South Carolina, where he’s leading in the poles.

After dazzling in the Democratic debate, Senator Warren failed to continue the momentum at the Nevada caucus as she trailed behind. Klobuchar earned the least amount of country delegates, at 595.

A look at the numbers:

Sanders – 6,589

Biden – 2,872

Buttigieg – 1,960

Warren – 1,381

Steyer – 652

Klobuchar – 595

How Sanders Sweeped Nevada

Sanders victory was backed by three distinct, yet overlapping areas of support: Younger voters, liberal voters, and Hispanic voters. The Nevada Culinary Union also poured out their overwhelming support to the democratic candidate.

Sanders win was important ahead of California and Texas, two states with a significant Latino population.

According to the New York Times:

The polls showed Mr. Sanders winning men and women; whites and Latinos; voters in all but the oldest age group (17-29, 30-44 and 45-64); those with college degrees and those without. He was carrying union households and nonunion households, self-identified liberal Democrats (by a wide margin) and moderate and conservative ones (narrowly).

Caucus Affects Democratic Candidates Betting Odds

Nevada’s favorable win for Sanders has put him further in the lead to win the Democratic nomination for the 2020 presidential election.

After the Nevada caucuses, Sanders went from EVEN on Friday to -120, making it the first time the race has been a candidate go below plus odds. While Sanders has a good showing in Nevada and is slated to have a strong showing in South Carolina this week, the landslide victory by Sanders has Biden’s odds up to +1000 from +800.

The following odds are provided by Bovada, as of February 23.

Odds To Win The 2020 Democratic Nomination

Candidate Current February 21 February 12 February 5
Bernie Sanders -120 EVEN +110 +150
Michael Bloomberg +325 +400 +250 N/A
Pete Buttigieg +900 +600 +500 +450
Joe Biden +1000 +800 +1000 +450
Elizabeth Warren +5000 +2000 +2500 N/A
Hilary Clinton +2500 +2000 +2000 +2000
Amy Klobuchar +10000 +4000 +1500 +6600
Tom Steyer +25000 +10000 +15000 +15000
Deval Patrick +25000 +10000 +15000 +25000
Michelle Obama +10000 +10000 +10000 N/A
Tulsi Gabbard +25000 +15000 +20000 +20000

Odds To Win The Democratic South Carolina Primary

Candidate Odds of Winning SC Primary
Bernie Sanders -150
Joe Biden +110
Pete Buttigieg +5000
Tom Steyer +5000
Amy Klobuchar +10000
Elizabeth Warren +10000

Nevada Culinary Union Supports Bernie Sanders for President

Nevada’s Culinary Union is one of the most powerful union groups in the country. It has over 60,000 members and is the largest affiliate of UNITE HERE. This week, members of the Nevada Culinary Union voiced their support for Democratic presidential nominee, Bernie Sanders.Bernie Sanders

This isn’t completely surprising. Sanders has helped to support this group with issues in the past. Today, we’re going to look at what the union’s support means.

Let’s get into it!

The Nevada Culinary Union and Sanders Have a History

There’s a good chance you’ve heard of the NV Culinary Union. This group was formed back in 1938 and has grown to become the largest union in the state. Members of the group are present in many hotel-casinos across Nevada, including many in Las Vegas.

For years, the culinary union has been quarreling with Station Casinos, a Las Vegas-based casino company that owns several major casino-resorts. Owners of Station Casinos have worked to prevent employees in their venues from joining the Culinary Union. This includes the employees at Palms Las Vegas Hotel & Casino.

In June, more than 1,000 Palms employees picketed outside the hotel-casino, demanding that negotiations take place. Officials within Station Casinos didn’t budge. In August, the Culinary Union teamed up with the APALA to help with their cause.

Once again, Station Casinos did not agree to negotiate. Eventually, Bernie Sanders voiced this disapproval with the way the casino company was handling the situation.

“@Palms workers voted to unionize because they are fighting for better pay, better benefits, job security, and respect and dignity on the job,” Sanders wrote. “It’s time for the Palms’ billionaire, Trump-supporting owners to stop ignoring the law and start negotiating with their workers,” Sanders wrote in a Tweet.

It appears the Senator’s support is paying off.

Culinary Union Members Show Support for Bernie Sanders

The race to become the Democratic presidential nominee is currently underway. As the months go on, several candidates are beginning to stand out. Now, it appears that Bernie Sanders has a real shot at earning the nomination.

This week, members of the Nevada Culinary Union officially voiced their support for the Vermont Senator. More than 100 workers cheered Sanders on during the state caucuses. It’s looking more likely that he’ll emerge as the front runner in Nevada.

Several workers claim that Sanders’ health care plan is their main reason for support. Monica Smith, a culinary workers member since 1987 spoke to Buzzfeed News about her reasoning.

“We have so many people that have walked that picket line, blood sweat and tears, for us. We’re going to be here to protect it, but I worry about other people that aren’t protected by unions. How do they get healthcare. What’s the dollar amount that they have to go through, do they have to worry about not being able to go to a hospital?”

The Culinary Union was a major talking point during the recent Democratic debates. It seems the Democratic nominees recognize how important the support of this group is to win Nevada. For now, it looks like Bernie is coming out on top.

You Can Now Bet on Who Becomes the Democratic Candidate

Over the past few weeks, we’ve begun to get a better idea as to who will win the Democratic nomination. For a time, it seemed like Joe Biden would emerge victorious. He has experience in the White House and already holds a large support group across the country.

It now appears that Bernie Sanders is the front runner. He’s emerged victorious in several state caucuses already., one of the best online sportsbooks in the country, is now allowing its members to bet on who wins the nomination. At the moment, Sanders is listed as the -150 betting favorite. His odds may increase further after he secures a win in Nevada.

Micheal Bloomberg is listed second in the odds. The founder of Bloomberg L.P. entered into the race late yet he’s emerged as a possible candidate winner. Mybookie gives him odds of +325 to get the victory.

Some other possibilities include Pete Buttigieg at +900, Joe Biden at +1000, and Elizabeth Warren at +5000.

The Nevada Culinary Union is clearly in support of Bernie Sanders. Is this a sign that he may become the next president? Stay tuned for updates over the next few months!

Slots at Encore Boston Harbor Briefly Shut Down

Massachusetts is now home to a large and successful casino industry. One of the best is Encore Boston Harbor, owned and operated by Wynn Resorts. This week, the slots at Encore Boston Harbor were briefly shut down due to a computer issue.Encore Boston Harbor Hotel-Casino

It’s always scary when a casino suffers some type of issue with its computer system. Today, we’re going to look at what caused the slots to shut down. We’ll also look at how the Encore is performing against some of the other casinos in Massachusetts.

Let’s get into it!

History of Massachusetts’ Casino Industry

Just a decade ago, almost no legal gambling options were available in Massachusetts. Lawmakers in this state worked hard to actively ban most forms of wagering. In 2012, residents here decided to officially legalize land-based casinos.

Over the next few years, lawmakers here began coming up with specific regulations for this new industry. The state’s gambling commission was tasked with issuing gaming licenses. In 2018, MGM Resorts International opened the first casino here.

This venue, called MGM Springfield, was expected to be hugely successful. Unfortunately, this has not necessarily been the case. In 2019, Wynn Resorts opened Encore Boston Harbor in the city of Everett, near Boston.

Massachusetts’ casino market is still growing. As of now, only three gaming venues are operating in the state. It’s likely that more will begin opening here over the next couple of years.

Encore Boston Harbor is without a doubt the most popular casino in the state right now. Unfortunately, it suffered a computer issue this week that affected players.

Slots at Encore Boston Harbor Fail Due to Computer Issue

There are nearly 3,000 different slot machines inside Encore Boston Harbor. These games help to bring the casino millions of dollars in revenue every single month. An issue popped up this week, causing these machines to temporarily shut down.

According to Boston 25 News, a system outage this week caused the slots at Encore Boston Harbor to fail. This left hundreds of gamblers without money after depositing cash into the slot machines. Obviously, it caused an uproar inside the venue.

Officials within Encore Boston Harbor commented on the news to the media late Friday night.

“We experienced a brief system outage with our slot ticketing system in which we reverted to hand-paid jackpots. The issue has been resolved and we are paying all winners,” the statement said. 

Customers claim that the casinos began operating again at around 9:30 pm.

This is the last thing this casino needed right now. Recently, revenue at this gaming venue began to drop. Is this a sign that MGM Springfield is beginning to take over?

MA Casino Revenue Begins to Fluctuate

Not long after Encore Boston Harbor opened to the public, it became the most popular venue in the state. It captured a huge share of the state’s gambling market and earned significantly more revenue than any other casino.

In January, things took a slight turn. That month, it was the only casino in the state to experience a revenue drop. The Encore earned $6 million less than what it brought in the month before.

Interestingly, MGM Springfield’s revenue surged. Reports indicate that the Springfield casino earned $21 million in January, up $2 million from December. For many, it was surprising to see revenue here begin to increase.

MGM Springfield has been a major disappointment for MGM Resorts over the past couple of years. The casino has generated significantly less money than initially expected. MGM continues to invest money here, though, and it now appears that the company’s hard work is paying off.

The slots at Encore Boston Harbor are back up and running. Officials at Wynn Resorts will want to ensure this does not happen again.

Stay tuned for more Massachusetts casino news over the next few months!

Gov. DeSantis Still Wants to Solve Florida’s Gambling Issues

For months, lawmakers in Florida have discussed ways to improve the state’s gambling industry. State officials have been trying to come to a deal with the Seminole Tribe, who own several major casinos. A deal wasn’t made this week, yet Governor Ron DeSantis is still determined to solve Florida’s gambling issues. Florida

There’s a lot going on here. As of now, the state cannot come to an agreement with the Seminoles on a new tax structure. Today, we’re going to look at what exactly is going on here.

Let’s get into it!

The Seminole’s Fight Over Gambling in Florida Has Lasted Months

The Seminole Tribe in Florida is one of the most notorious Native American groups in the country. Over the past few decades, this tribe has developed a massive casino industry. Unfortunately, tribal leaders have been fighting with Florida’s lawmakers over revenue-sharing deals.

In 2010, the Seminoles agreed to a compact with Florida that brought the state hundreds of millions of dollars annually. Tribal leaders now claim this deal is no longer valid. They are claiming that it was only agreed to for a period of 10 years.

Now, the tribe wants to negotiate the deal. In mid-2019, the first negotiations between the Seminole and Florida lawmakers took place. Hope was that a new compact could be agreed to before the end of the year.

That wasn’t the case. The previous compact officially expired in May. Since that time, the state has lost out on millions of dollars in gambling tax revenue. Both the tribe and state officials believe the other is in the wrong.

Unfortunately, this is causing some major issues. The state has threatened to shut down the tribe’s casinos. Meanwhile, Seminole leaders have been battling in the courts against politicians. Hope was that this week would finally bring an end to this fight. According to new reports, this is not the case.

Florida’s Gambling Issues Continue After Another Deal Falls Through

The Seminole tribe is taking a hardline stance here. For the most part, the tribe has been unwilling to enter into any kind of meaningful negotiations. That’s made it difficult for Florida’s House and Senate, who’ve been working to come up a new deal on their own.

This week, Florida’s House Gaming Control Subcommittee canceled another meeting between the two chambers. It was disappointing news for many who’d hoped to see this dispute finally come to an end. Even Governor Ron DeSantis is claiming he wants Florida’s gambling issues to be resolved.

“I have not met with them yet. But I would like to have a resolution, and so I anticipate meeting with them in the not-too-distant future,” DeSantis told the media. “I hope we can get something done. I think it would be good, if we can. But that is definitely on the agenda on the not-too-distant future.”

The Seminole tribe has officially stopped paying it’s annual $330 million to the state. For this reason, many lawmakers are making this dispute their number-one priority.

DeSantis seems focused on solving these issues. The tribes want a long-term deal with the state that cuts taxes. Officials want to ensure the state is getting what it’s rightfully owed. We’ll need to wait and see how this plays out over the next few months.

Sports Betting is Still Being Considered in Florida

In May of 2018, the Supreme Court struck down PASPA, giving every state in the country the ability to legalize sports gambling. Since that time, 21 states have officially passed legislation to regulate their sports betting markets.

This industry is proving to be incredibly lucrative. Taxes from legal sports betting is helping to bring many states millions of dollars every single month. As time goes on, more states are becoming interested in legalizing this form of gambling.

In November of 2019, the first sports betting bills were presented in Florida. Senator Jeff Brandes presented the legislation “specifying requirements for accepting wagers on sports events.” State officials have been reviewing these bills for the past few months.

It seems likely that Florida will soon regulate sports betting. The only issues may come from the Seminole tribe, who are likely to argue that sports betting should only be allowed inside their casinos. As of now, however, the legalization of both land-based and online sports gambling is being considered here.

Florida’s gambling issues have been dragging on for months. Is this the year they finally end? Stay tuned for more updates!

Caesars Entertainment Signs New Deal With MLS

Caesars Entertainment is one of the biggest casino companies in the country. Over the past couple of months, Caesars has been going through some massive changes. This week, news broke that the company officially secured a deal with an MLS team.Caesars Entertainment

It comes at an interesting time. This company is currently working to merge with Eldorado Resorts. Today, we’re going to discuss this upcoming merger, and look at how this new MLS deal will help the company in the future.

Let’s get into it!

2019 Was An Interesting Year for Caesars Entertainment

Caesars Entertainment has always been one of the biggest casino operators in the country. It was founded back in 1937 and grew extremely quickly. Over the past few decades, the company’s revenue began to fluctuate.

In 2014, rumors began to circulate about Caesars struggling to turn a profit. The next year, the company’s casino unit officially filed for Chapter 11 bankruptcy. That doesn’t mean it was closing down, though.

This company remains one of the largest casino operators in the country. Many analysts predicted that Caesars Entertainment would eventually merge with another major US casino company. In 2019, these predictions turned out to be correct.

In March of 2019, news broke that Caesars was merging with Eldorado Resorts. Of course, a deal of this magnitude takes a long time to complete. Eldorado Resorts is one of the most powerful gaming companies in the world.

Over the past few years, Caesars has begun to sell some of its major properties. This is all to help prepare its upcoming merge. This week, reports came out that the company signed a new deal with one of the country’s top sports leagues.

Caesars Entertainment is Now a Sponsor of an MLS Team

It’s not uncommon for casino companies to sign sponsorship deals with sports teams. In fact, many of the top US casino companies have inked deals with sports teams overseas as a way to break into a new country. Caesars just announced that it’s signed a sponsorship deal with D.C. United.

Moving forward, members of this popular MLS team will wear Caesars’ logo on their jerseys. It’s the first time that an MLS team has ever signed a deal with a US casino operator. It comes as part of the company’s strategy to become a leader in sports.

Jason Levien, Co-Chairman of D.C. United, commented on this new deal to the media this week.

“Partnering with Caesars provides us with a great opportunity to realize the dream of Audi Field being a year-round hub of entertainment and activity and is another strong indication that global brands continue to see value in partnering with our organization,” he said. 

This deal is also allowing Caesars to appear throughout the team’s stadium. The logo will likely be featured in Audi Field. Bar, restaurant, and several new entertainment concepts are also being considered.

More States Approve the Caesars-Eldorado Merger

The merger between Eldorado Resorts and Caesars Entertainment is the biggest ever between two casino companies. It’s costing $17.3 billion for these companies to combine. The deal cannot be finalized until the country’s various state gambling commissions give their approval.

Fortunately, many states around the country have already given this deal the green light. It’s fantastic news. Now, the deal has fallen into the hands of New Jersey’s gaming commission.

State commissions want to ensure that this merger does not create a monopoly. Once merged, these companies will control a huge number of casinos in different states. This includes several major gaming venues in Atlantic City.

Officials within Atlantic City are currently studying the impact of this new deal. There’s a chance that several properties will need to be sold here in order to comply with the commission’s regulations. Eventually, the FTC will also need to approve this deal.

Caesars Entertainment is still an extremely powerful gambling corporation. Hopefully, this new sponsorship deal with the MLS helps to bring even more exposure to this company.

Stay tuned for updates on this situation over the next few months!

Here’s What We Know About the MGM Resorts Hack

Yesterday, news broke that MGM Resorts was hacked last summer. According to reports, more than 10 million individuals had their personal information posted online. Today, we’re going to explain what we know about the MGM Resorts hack so far.MGM Resorts Logo

Many were unaware that this hack even took place. It’s likely that many individuals had their information posted and didn’t know about it. Before we get into the details of this hack, we’ll look at some of MGM’s recent company changes.

Let’s get into it!

Jim Murren Officially Steps Down As CEO of MGM Resorts

Since the 90s, MGM Resorts has been run by Jim Murren. During his tenure with the company, Murren has helped to significantly expand and improve this property. Recently, he announced that he’s stepping down as CEO of the company.

Murren’s contract was set to expire soon. It appears he’s ready to call it a day just a little earlier than expected. Now, officials within MGM Resorts are working to find a suitable replacement. As of now, it’s still unclear who will step into the CEO role.

Many are sad to see Jim Murren leave. He’s been a huge part of the company for years and is widely credited for helping to save the company during the financial crisis of 2008-2009. He’s also responsible for some of the company’s major Las Vegas casino-resort sales over the past few years.

His departure comes at an interesting time. MGM Resorts is currently dealing with several things at once. For weeks, it’s been forced to deal with issues in Macau. Fortunately, that situation seems to be improving.

News reports now claim that the company was hacked last year. It’s the last thing MGM Resorts needed right now. Here’s what we know about this hack.

MGM Resorts Hack Affects 10.6 Million Individuals

MGM Resorts International is one of the biggest casino companies in the world. It’s based in Las Vegas and owns many of the world’s most profitable gaming venues. This company also offers M Life Rewards, one of the most popular casino loyalty programs in the country.

Unfortunately, even MGM isn’t safe from hackers. According to the website ZDNet, the information of 10.6 million individuals was posted online. The site eventually asked about the MGM Resorts hack to company officials, who offered this response.

“Last summer, we discovered unauthorized access to a cloud server that contained a limited amount of information for certain previous guests of MGM Resorts,” MGM said. “We are confident that no financial, payment card or password data was involved in this matter.”

The personal information on millions of tourists, which include government officials, tech CEOs, and reporters was posted to a popular hacking website. The information posted includes full names, home addresses, and phone numbers. MGM Resorts claims the informed the affected individuals last year.

The exact identity of this hacker is still unknown. Reports indicate that they are a part of GnosticPlayers, a hacking group that’s illegally claimed more than a billion personal records over the past few years. We’ll need to wait and see if any individuals affected by the MGM Resorts hack decide to take legal action in any way.

MGM Resorts’ Operations in Massachusetts Finally Improve

As we already mentioned, MGM Resorts is going through a lot right now. This includes the aforementioned departure of Jim Murren. For years, this company has also been working to bring in new gamblers to the MGM Springfield property in Massachusetts.

Lawmakers in Massachusetts decided to allow land-based casinos in the state back in 2011. The first casino to open here was the MGM Springfield. Initially, analysts predicted that this would be one of the most successful new casinos in the country.

Unfortunately, this has not been the case. Since opening in 2018, MGM Springfield has struggled to generate revenue. Things got even worse once the Encore Boston Harbor casino-resort opened to the public last year.

Fortunately, things seem to be finally improving here. Last month, gambling revenue increased here considerably. Interestingly, Encore Boston Harbor’s revenue dropped. Company officials hope this trend continues.

The MGM Resorts hack is very unfortunate. We’re likely to hear more about this over the next few months. Stay tuned for updates!

Online Sports Betting in PA Continues to Bring in Revenue

Sports betting first became available in Pennsylvania in late 2018. Over the past couple of years, this industry has grown extremely popular here. New reports show that online sports betting in PA makes up for about 90% of all sports wagers placed.PA State Seal

This isn’t much of a surprise. Online gambling is growing more popular around the entire country. Now is the perfect time to check out how much revenue Pennsylvania’s sports betting industry is managing to bring in.

Let’s get into it!

Pennsylvania’s Gambling Revenue Continues to Fluctuate

Not long ago, Pennsylvania took a somewhat hardline stance towards the gambling industry. This is no longer the case. Today, just about all forms of gambling are available here. Revenue from this industry has fluctuated since these new gambling options became available.

In May of 2018, the Supreme Court struck down PASPA. This gave every state in the country the ability to legalize and regulate sports betting. Lawmakers in Pennsylvania immediately began taking steps to open this sports betting industry and by November of that year, it became legal.

That wasn’t the only form of gambling to recently become available here. In November of 2019, lawmakers here started allowing online poker. This form of gambling has grown extremely popular in just a few months.

Pennsylvania’s gambling industry is growing bigger every single month. It has a lot of competition, though. New York, New Jersey, and Delaware all have surging gambling industries, as well.

This week, sports betting revenue reports became available here. Let’s take a look at how much this industry is managing to bring in.

Revenue From Online Sports Betting in PA is Surging

Sports betting is growing more popular every single month. This is especially true in Pennsylvania. Last month, sports betting revenue here hit a new record.

More than $384 million was spent on sports wagers last month. These wagers were placed through the state’s eight online sports betting sites and 12 land-based betting venues. Revenue from this industry came out to $31.6 million in January.

Many believe that Super Bowl bets placed in January helped to increase revenue here. Interestingly, close to 90% of all the sports wagers placed in Pennsylvania last month were done online. FanDuel’s online sportsbook continues to be the biggest revenue earner for the state.

Land-based sports betting revenue actually dropped last month by 11.8%. This is the lowest revenue from brick and mortar sports betting venues since September. It’s clear that online sports betting in PA is beginning to take over.

Gambling competition remains very high in the northeast of the country. New York, in particular, is working hard to improve its gambling industry.

New York Continues Looking at Gambling Expansion Plans

New York is another state that’s only recently begun to embrace the gambling industry. Over the past decade, a huge number of casinos have opened in the Upstate area of New York. Unfortunately, the large number of gaming venues in this state is making it hard for the casinos here to be profitable.

To help with things, lawmakers in this state decided to legalize sports betting. Hope was that it would draw in more people to the state’s land-based casinos. That hasn’t necessarily been the case.

Things do seem to be improving, though. Each of the four casinos in Upstate New York is starting to see revenue increases. Resorts World Catskills, one of the biggest casinos in the state, saw its revenue increase by 48% last year. Lottery ticket sales are decreasing here.

State officials continue discussing the possibility of allowing sports bets to be placed online. Lawmakers in New York are beginning to see how much revenue is being earned from online sports betting in PA. Many believe that online sports wagering will become legal here within a year or two.

Pennsylvania’s sports betting industry continues to grow. Other states are beginning to take notice. We’ll need to wait and see how much revenue from this industry grows for the rest of the year.

Stay tuned for more Pennsylvania gambling news over the next few months!

Revenue at MGM Springfield Jumped in January

Massachusetts’ casino industry continues to change. After months of disappointing results, it appears revenue at MGM Springfield is finally increasing. It’s fantastic news for the owners of this venue, who have invested millions of dollars to bring in more players.Revenue Increase Figure

Today, we’re going to discuss the history of the MGM Springfield Casino. We’ll also look at what this recent spike means for the property moving forward.

Let’s get into it!

MGM Springfield Has Been a Major Disappointment

Since 2011, Massachusetts has given three casinos permission to operate in the state. The first gambling venue to open here was MGM Springfield. MGM Resorts International built this property, which many believed would be extremely lucrative.

It was widely believed that Massachusetts would become one of the country’s next major gambling hubs. A huge number of individuals here make trips to Atlantic City in order to gamble inside casinos. With local casinos, this would no longer be necessary.

At first, MGM Springfield proved to be successful. As time went on, however, visitation here dropped. In June of 2019, Encore Boston Harbor opened up near Boston and captured a huge percentage of the state’s casino market.

Many gamblers who previously played inside MGM Springfield quickly made the switch to the Wynn Resorts-owned casino. As a result, revenue at MGM Springfield began to plummet. It seemed like just a matter of time before this casino was sold to the highest bidder.

That hasn’t been the case, though. Despite poor revenue figures, MGM Resorts continues to invest money here. Now, it appears that decision may be paying off.

Revenue at MGM Springfield Finally Increases

The fact that MGM Resorts continued to invest in their Massachusetts property was a little surprising. On the surface, it looked like this was a property that was bleeding money. Perhaps company officials saw something no else did.

Recent reports indicate that gambling revenue at this property officially increased in January. The casino’s gross gambling revenue was $20.6 million, compared to just $18.9 million in December. It’s not a massive increase, yet company officials have to be pleased.

Initial estimates predicted that revenue at MGM Springfield would be close to $34.8 million per month. Unfortunately, the most this property ever brought in during a single month was around $27 million. Overall, the casino brought in close to $252 million last year.

This wasn’t for a lack of trying, though. Back in early January, MGM Resorts decided to appoint a new president of this casino. Hope was that the change in leadership could help to turn things around. As of now, this strategy appears to be working.

MGM Springfield isn’t the only casino that experienced a revenue jump last month. Is this a sign that the state’s casino industry is in for a major change?

Plainridge Park Casino Revenue Jumps, Encore’s Drops

Right now, there are three different casinos operating in Massachusetts. As we mentioned earlier, the Encore Boston Harbor has proven to be the most successful of the three. That wasn’t the case in January, though.

Last month, the Plainridge Park Casino saw its gross gaming revenue increase by an astounding $876,913. This comes after seven straight months of revenue decreases. This venue managed to bring in around $11 million in January.

Encore Boston Harbor, however, saw its revenue drop. In January, this casino brought in $49 million. That’s down considerably from December’s $54 million. Wynn Resorts appears to be targeting more of a casual gambler demographic to help make up for these revenue drops.

The casino has also recently chosen to lower its minimum bet limit on several table games. Free parking is also beginning to be offered here. More strategies will be discussed during the company’s upcoming quarterly conference call.

Revenue at MGM Springfield officially jumped last month. Hopefully, this trend continues for the rest of the year.

Stay tuned for more Massachusetts casino news over the next few months!