Officials Weigh the Pros and Cons of a St. Tammany Casino

Louisiana State Seal With Casino Background

Louisiana’s lawmakers continue working to expand the state’s gambling industry. Recently, a push to open more casinos around the state has been taking place. Officials are now beginning to weigh the pros and cons of a St. Tammany casino opening its doors.

A lot has been happening in Louisiana’s gaming industry lately. More gambling options are set to become available here in the near future.

Here’s what you need to know about another proposed casino here.

Analysts Predict St. Tammany Casino Will Have a Positive Impact

The state of Louisiana is home to a huge number of popular casinos. Many of these are located in the Baton Rouge area. Orleans also plays host to some of the most popular gaming venues currently operating in the state.

Not long ago, officials began presenting plans to open a new casino in St. Tammany. The proposed casino-resort, called Camelia Bay, has been under intense scrutiny lately. Experts wanted to know how the opening of this venue would affect the area in the future.

New reports have surfaced claiming that the St. Tammany casino would likely have a positive impact on both the city of Slidell and St. Tammany parish as a whole. Suzanne Leckert, author of this study, offered some insight into the findings to the media this week. She claims that those fearing negative impact of this venue do not need to be concerned.

“Through the research we see moderately positive impacts from similar developments across the country all the way down to just no impact, but we have not been able to uncover the negative impacts that many communities have feared,” Leckert said. 

Voters in St. Tammany will vote on whether or not to allow this property on December 11. We’ll be sure to offer updates on this possible property over the next few months.

Louisiana’s Statewide Sports Betting Options Could Launch Next Week

2021 is slowly coming to an end and several states around the country have been working to finally get their sports betting industries launched. That includes Louisiana. Voters here approved a measure to legalize sports gambling in late 2020, yet only a few sportsbooks have gone live here.

Fortunately, it appears that statewide sports betting could finally go live here next week. Officials are looking at a November 1 launch date for this industry. It’s extremely exciting news for millions of sports fans in the state.

The laws passed here in 2020 allow for online sportsbooks to go live here. The current plan is only for land-based sportsbooks to launch here. The state’s first internet sportsbooks are expected to finally launch within the next few months.

Several major sports betting companies have already earned licenses to operate here. That includes Caesars Entertainment. Many experts believe that Louisiana has the potential to grow into one of the most successful sports gambling hubs in the country.

The casinos currently operating in Louisiana have been hugely successful throughout most of 2021. Not long ago, reports on the state’s casino revenue over September were released. Here’s a look at how much money was brought in.

Breaking Down Louisiana’s Latest Casino Revenue Figures

Louisiana is known for having one of the most successful gambling industries in the United States. Casinos have been allowed to operate here for many years. Throughout most of 2020, these properties struggled to generate any real money due to shutdowns and travel restrictions.

Things have been much different in 2021. The casinos here have been reporting consistent increases in revenue over the past ten months. This was once again the case in September, where the casinos here managed to bring in $159.7 million in total GGR.

This represents a staggering 21.4% increase when compared to September of 2021. L’Auberge Casino in Baton Rouge proved to be the most successful property in the state. Over September, this casino managed to bring in $13.3 million in total revenue.

It’s clear that Louisiana’s casino industry continues to thrive. It seems that sports betting options are set to become available here soon. Several new casinos are expected to go live here in the near future, as well.

Are you excited to hear about a St. Tammany casino open its doors? Will this casino be successful? Let us know in the comments section below.

Two Casinos in New England are Ranked the Best in the US

Mohegan Sun Casino And Foxwoods Resort

The US casino industry has expanded over the past couple of decades. The days when only Las Vegas featured world-class gambling venues are over. Reports surfaced this week claiming that two casinos in New England have been ranked as some of the best in the country.

This is a big accomplishment for these properties. It also goes to show that this area is developing into a real gambling hub. Now is a great time to talk about which properties received this prestigious award.

Let’s get into it.

Two Casinos in New England Make Prestigious Awards List

For many years, lawmakers in Massachusetts pushed against allowing any casinos to open in the state. It was frustrating for the gambling advocates here that pointed toward the huge amount of tax revenue that could be earned by regulated casinos. Finally, in 2013, a law was passed to finally allow Class III casinos to run inside Massachusetts.

Connecticut is another state with a growing casino industry. Casinos have been legal here since the 90s and several tribes have opened truly world-class properties here. These two states have helped to expand what was already a solid gambling region of the country.

News broke today that two casinos in New England were named as some of the best in the country by USA Today. The first is the Foxwoods Resort Casino. This property is home to more than 4,500 slots, 300 table games, and the largest poker room on the East Coast.

“One of two premier gaming resorts in Connecticut, Foxwoods Resort Casino offers 4,500 slot machines–ranging from penny games to $100 minimums–as well as 300 table games, high stakes Bingo at one of the world’s largest Bingo halls, a race book with 50-foot digital projection screens and the largest poker room on the East Coast. Four unique hotel properties and over 30 restaurants make it easy to stay and play,” USA Today wrote. 

The Mohegan Sun in Uncasville, Connecticut also earned a spot on this list. This property was actually named the best casino hotel. Anyone on the East Coast should at least consider visiting one of these impressive venues to see what all the hype is about!

More Northeastern States Work to Expand Their Gambling Industries

Massachusetts and Connecticut are far from the only states in the Northeastern US with large and successful gambling industries. As many are aware, New Jersey is home to the largest overall gaming industry on the East Coast. New York and Pennsylvania are also working to expand their number of gambling options.

In time, the Northeastern US could grow to become the most profitable gambling region in the country. Many of the states here are currently working toward expansion. Sports betting, in particular, has been growing steadily in this area since PASPA was removed in 2018.

Maryland is one state currently working to finally launch its first sports betting options. Unfortunately, officials are still working to come up with a concrete set of rules to monitor this form of gambling. Several casinos have gained licenses to operate sportsbooks here, yet none have so far launched in the state.

Massachusetts is another state that appears to be on the brink of legalizing and regulating sports betting. A special council was set up here to weigh the pros and cons. Based on the progress being made, sports gambling will go live here in 2022.

There are many changes being made in the US gambling industry. The Northeastern area of the country continues to expand its number of gambling options. Two casinos in New England are even ranked as some of the best in the country! Stay tuned for updates on this situation as time goes on.

Las Vegas Continues to Thrive Through 2021

The entire US gambling industry has been performing well through the first ten months of the year. Las Vegas remains the biggest gambling hub in the country. Here, casino companies continue to report impressive revenue figures.

Many world-class casinos are currently based here. That includes MGM Resorts, which owns and operates a huge number of popular casinos throughout Las Vegas. That includes The Cosmopolitan, which this company recently took control of.

Over the month of August, the casinos in Las Vegas reported more than $1 billion in total GGR. The vast majority of this money was earned by venues on the Las Vegas Strip. Many are predicting that September will be an even better year for the city.

The start of the 2021/2022 NFL season has helped to bring a massive surge of sports bets here. Many have also made the trip to Las Vegas to visit Allegiant Stadium, where the Las Vegas Raiders play. This boost in tourism always results in more gaming revenue. We’ll be sure to offer updates on the city’s September revenue figures as they are released.

Are you surprised to hear how highly-ranked the two casinos in New England are? What do you think is the country’s next big gambling hub? Let us know in the comments section below!

New Reports on Pennsylvania’s Casino Revenue for September are Out

Pennsylvania State Seal With Hollywood And Rivers Casino

Pennsylvania continues to develop one of the most successful gambling industries in the United States. Throughout most of the year, casino revenue has been steadily rising here. New reports on Pennsylvania’s casino revenue for September are now out and many are impressed to see how much the gambling venues here managed to bring in.

Some analysts feel that this state could soon be a real competitor with other gaming hubs in the country. Today, we’ll take a close look at the latest revenue reports here.

Let’s get into it!

Pennsylvania’s Casino Revenue for September Passes $415 Million

The Northeastern US is currently developing a massive gambling industry. Atlantic City has been the region’s casino hub for decades. In recent years, other states including Pennsylvania, New York, and Maryland have worked to offer more gaming options to their residents.

Pennsylvania now appears to be the main competitor to New Jersey’s casino industry. 15 different casinos are spread around the state. A large number of smaller “mini-casinos” are also up and running here. These help to generate major revenue figures each month.

This week, reports on Pennsylvania’s casino revenue for September were released. Some have been surprised to see that the casinos here managed to bring in $415 million in total GGR. That represents a 46% increase when compared to September of 2020. It remains lower than the all-time record set last July at $423.6 million, though.

Parx Casino in Bucks County managed to bring in the most revenue at $57.1 million. Rivers Casino in Pittsburgh saw impressive figures at $33.1 million. Most of the casinos here posted solid revenue figures over the month and are likely happy with the progress being made throughout the year.

Of course, Pennsylvania’s gambling revenue figures remain far below what New Jersey has been able to bring in. Let’s look at how the casino companies operating in Atlantic City fared last month.

Breaking Down New Jersey’s Latest Gaming Revenue Figures

2021 has been an exciting year for New Jersey’s gambling operators. Most have seen record-breaking revenue figures on several occasions already. This past September proved to be the biggest month in history for the state’s sports gambling industry.

The sports betting companies here saw a conbined handle of more than $1 billion in September. That marks the first time any state experienced a sports betting handle past the $1 billion mark. Of that, $82.4 million was kept by the state’s regulated sportsbooks.

Total gross gaming revenue in the state across its various regulated gambling options came out to $405.1 million. That represents a 39% increase from September of 2020. The nine land-based casinos in Atlantic City saw $248.5 million in revenue earned.

Once again, slot machines proved to be the big earners for these casinos. Slots accounted for $182 million in total revenue. Table games brought in $66.5 million. It’s clear that tourism remains high in Atlantic City and should remain that way for the foreseeable future.

Numerous records have been set over in Las Vegas this year, too. Unfortunately, not all of the casino operators here are releasing encouraging revenue reports.

Nevada’s Casino Companies Report Fluctuating Revenue Figures

Numerous states are growing more focused on expanding their gaming industries. Despite their best attempts, however, none is likely to ever become a real competitor to Nevada. The casino industry in Las Vegas remains the world’s most profitable and 2021 has been a tremendous year for the gambling venues here.

Interestingly, many of the casino operators here have reported poor revenue figures over 2021’s third quarter. That includes Las Vegas Sands, one of the world’s most powerful casino companies. This company is anticipating to come up far short of the early estimate for the quarter, largely due to poor earnings from its properties in Macau.

Not every company here has been struggling. MGM Resorts appears to be having a fantastic quarter and has been working to expand recently. MGM CEO Bill Hornbuckle is now embracing the online casino industry and believes it’s time for Nevada to allow online casino gaming options.

Other companies here including Wynn Resorts and Caesars Entertainment appear to be performing well, too. Many are curious to see how well these companies perform through the year’s final months, as well. We’ll be sure to offer more reports on these revenue figures as the year goes on.

Are you surprised to see Pennsylvania’s casino revenue for September? How do you expect the casinos here to perform through the rest of 2021? Let us know in the comments section below.

Here’s What We Know About the Atlantic City Casino Thefts

Atlantic City Casinos With Check And Handcuffs

Atlantic City remains one of the biggest and best gambling hubs in the United States. Occasionally, these gaming venues draw attention from criminals. New reports surfaced this week that provide more information on the Atlantic City casino thefts that took place over the summer.

The casino companies operating in Atlantic City have dealt with a lot over the past year. Now is a great time to talk about the recent thefts that took place at some of the casinos here.

Let’s get into it!

More Details on the Atlantic City Casino Thefts have Just Surfaced

There has been a huge amount of attention placed on Atlantic City’s casino industry over the past nine months. To the surprise of some analysts, the gambling venues here experienced a massive comeback from the events that unfolded in 2020. Gambling revenue has been increasing here and tourism into the city remains high.

Not everything goes perfect for these casinos, though. Over the summer, reports surfaced that a group of individuals had attempted to steal a large amount of money from several of the casinos here. This week, more details on the recent Atlantic City casino thefts were released to the public.

Five individuals have now been charged with trying to steal an astounding $1.1 million from the casinos here. Prosecutors claim these individuals passed fraudulent checks in their attempt to take this money. Suspicions were raised in late August and it didn’t take long for casino officials to recognize the crimes being committed. Acting New Jersey Attorney General Andrew Bruck commented on this situation to the media this week.

“The defendants were caught executing a sophisticated financial scheme spanning multiple casinos and over a million dollars in fraudulent checks,” Bruck said. “This case is just one example of the excellent work — in this instance across international borders — performed by the members of the New Jersey State Police and Division of Criminal Justice who are assigned to investigate and prosecute crimes in the casinos.”

All five of the defendants involved in this case face serious charges. If convicted, they each face up to 10 years in prison. We’ll be sure to offer more updates on this situation over the next few months.

Sports Betting Revenue Continues to Surge in New Jersey

New Jersey is widely credited with being one of the states responsible for having PASPA removed. Officials here quickly approved sports betting legislation following PASPA’s removal in mid-2018. Since that time, New Jersey has developed the largest and most successful sports betting industry in the United States.

Sports betting revenue has been surging in this state through most of 2021. Things took a slight dip over the month of August. As many predicted, however, September proved to be one of the most successful months in history for the sports betting industry here.

Over the month of September, the sportsbooks here saw more than $1 billion wagered. Of that handle, $82 million was kept by sportsbooks. Those are outstanding figures for this industry that prove that sports betting continues to grow more popular every year.

Casino revenue is up in the city, as well. In-person casino revenue is up 30% when compared to September of 2020. $248.5 million was brought in from the state’s casinos. $122.5 million was brought in through the state’s online casino platforms.

Just about everyone involved with Atlantic City’s gaming industry is happy right now. Hope is that the upward trend continues through the rest of 2021. Stay tuned for more reports on the revenue figures here as the year continues.

More States Report Gambling Revenue Increases

Atlantic City has been the most profitable gambling hub on the East Coast for decades. This city is beginning to experience more competition from neighboring areas, though. Several states in the Northeastern US have recently begun to expand their gambling laws and are working to bring in more tax revenue from casinos and sportsbooks.

Massachusetts is one of those states. Casinos have been operating here for nearly a decade. There are now three casino-resorts in the state, all of which help to bring the state large amounts of tax revenue each month.

Reports came out today claiming Massachusetts’ casino revenue hit a three-month high over July, August, and September. The month of July proved to be the most successful, as the casinos here brought in more than $95 million. August came next at $92 million. September saw just a slight step down as the casinos managed to bring in $89 million.

New York’s lawmakers continue debating whether or not a Class III casino should receive permission to open in New York City. Many claim it will help to boost tax revenue and tourism. Others worry it will lead to gambling addiction and other social issues within the city. More information on this proposed casino is expected to come out shortly.

Are you surprised to hear about the Atlantic City casino thefts? Which state is best suited to compete with Atlantic City’s casino industry? Let us know in the comments section below.

Bally’s Expansion in Nevada Continues to Progress

Las Vegas Sign And Money With Strip Background

Bally’s Corporation has been busy lately trying to grow its various gaming operations around the United States. The company has put a particular emphasis on further breaking into the Nevada casino market. New reports claim that Bally’s expansion in Nevada is making some serious progress.

A lot is changing in the US casino industry right now. 2022 is shaping up to be one of the biggest years in history for casino companies around the country.

Here’s a quick look at what is happening with Bally’s Corporation right now.

Gaming Board Gives Approval For Bally’s Expansion in Nevada

Nevada is home to the largest number of casinos in the United States. It’s here that many of the country’s biggest and most profitable casino operators are based. Bally’s Corporation, currently based in Rhode Island, has recently begun to make a sustained effort to break into Nevada’s casino market.

This company purchased the Tropicana Las Vegas earlier this year in a deal valued at $308 million. It was a huge move for the company and marked its first property located on the Las Vegas Strip. Bally’s has since been looking at other ways to break into Las Vegas.

Earlier this week, the Nevada Gaming Board unanimously approved Bally’s acquisition of Gamesys Group plc. Gamesys is a major online gaming operator based in the UK. Bally’s takeover of this company allows it to offer more unique gambling operations throughout the United States.

This deal will better facilitate Bally’s expansion in Nevada. It should help the company to offer online operations including sports betting, online casino options, poker, bingo, daily fantasy sports, and free-to-play games. Many of these new gaming options will likely be featured inside the Tropicana Las Vegas.

Bally’s is certainly entering into a hot market. Let’s take a look at how the casinos in Las Vegas have been faring over the past few months.

Gambling Revenue in Nevada Passes the $1 Billion Mark in August

Las Vegas experienced a massive fall from grace in 2020. In March of that year, all of the casinos in this city were forced to shut their doors. It wasn’t until June that any of the gambling properties in this city were given permission to open their doors again.

Gambling revenue remained extremely low for all of 2020. Incredibly, things completely turned around in 2021. The city has set several monthly casino revenue records and continues to bring in a huge amount of money. This past August marked yet another month in which casinos around Nevada brought in more than $1 billion in total GGR.

Clark County unsurprisingly brought in the most money. It’s here that the casinos managed to bring in $993.4 million in total revenue. In total, more than $6 billion was wagered inside the state’s casinos and August’s GGR is up 57% when compared to August of 2020.

This is shaping up to be the best year in history for Las Vegas’ casino industry. The past nine months have proven that there is a serious pent-up demand among Americans to visit and gamble in Las Vegas. Many are expecting another fantastic month for the city’s casinos over September.

The casino operators in Las Vegas have been making big moves lately. Here are some of the most notable sales and purchases in the city to come up recently.

Biggest Las Vegas Casino Sales to Take Place in 2021

Things are constantly changing in Las Vegas. Casino companies here work to expand and increase their revenue figures. Sometimes that means selling properties and other times that means purchasing major casino-resorts.

2021 has brought about many of these sales and purchases. Las Vegas Sands, one of the most powerful gaming companies in the world, famously sold The Venetian earlier this year. This casino sale was made so that LVS can focus more on its operations in Macau.

MGM Resorts International is another powerful gaming company based in Nevada. Just weeks ago, news broke that this company had agreed to take over The Cosmopolitan. It will continue to pay rent on the real estate that this casino sits on.

While not necessarily a sale, the opening of Resorts World Las Vegas made serious headlines this summer. At $4.2 billion, this is the most expensive casino ever built in the city. A huge number of tourists made the journey to Las Vegas to see what this new property has to offer.

Bally’s expansion in Nevada is ongoing. We’ll be sure to continue offering updates on this company’s move into the country’s top gaming hub. Stay tuned for updates!

The Casinos in Biloxi Just Posted Record-Breaking Revenue Figures

Mississippi State Seal Biloxi Casinos

Mississippi is home to one of the largest casino industries in the Southern United States. Many of the state’s casinos are based in Biloxi. New reports have surfaced this week showing that the casinos in Biloxi posted record-breaking revenue figures over the past fiscal year.

This proves how successful the US casino industry has been throughout 2021. The casino companies in Mississippi have to be pleased to see the progress being made.

Here’s what we know about this situation.

Revenue Reports on the Casinos in Biloxi Have Just Surfaced

Many states in the Southern US are known for their harsh anti-gambling laws. That is certainly not the case in Mississippi, though. This state is known as one of the country’s true gambling hubs and is home to a huge number of popular gambling venues.

Biloxi, Mississippi, is currently home to eight major casinos. These properties have been known to draw in a huge number of gambling fans from nearby states. This week, the casinos in Biloxi officially released their revenue reports for the past fiscal year.

Incredibly, these properties revealed that they posted $1.02 billion in gross gaming revenue over the past twelve months. That marks just the second time in history that these casinos passed the $1 billion in revenue mark. This past April proved to be the most successful month for these casinos, as they brought in $111 million in GGR.

Most of the casinos in Mississippi have seen impressive revenue gains over the last fiscal year. It’s reasonable to assume that 2022 will be an even more impressive year for the state’s industry. We’ll be sure to offer more updates on the casino revenue figures here as the months go on.

Mississippi was one of the first states to truly embrace the sports betting industry. Here’s a look at how the sportsbooks in this state have been faring lately.

Mississippi’s Sports Betting Revenue Likely Surged in October

As many are aware, Mississippi has one of the largest sporting fan bases in the United States. That is a little surprising, as there are no professional sports teams based here. Several popular college sporting programs are up and running, however, and neighboring states are home to successful NFL, MLB, and NBA franchises.

Back in August of 2018, Mississippi’s first regulated sportsbooks went live. The sports betting operators here have seen mostly consistent rises in revenue since that time. Through July and August, however, Mississippi’s sports betting revenue saw large dips.

The state reported just $2.9 million in sports gambling GGR over the month of July. The state’s handle also saw a drop to just $30.7 million.

August also proved to be a difficult month for Mississippi’s sports betting industry. It was this month that the sports betting companies managed to bring in just $1.8 million in total gross gaming revenue. The state’s sports betting handle also dropped considerably to just $21.4 million.

For now, Mississippi is one of the few states in the Southern US with a large sports gambling industry. That may change in the near future. Here’s a look at some of the other states in this region that could launch sportsbooks soon.

More Southern States Look Toward the Legalization of Sports Betting

Just a few years ago, only Nevada was legally able to offer sports betting options. That all changed when PASPA was removed in May of 2018. This decision immediately gave every state around the country the ability to legalize and regulate this form of gambling.

Today, more than half the country now has at least some form of regulated sports betting available. That includes a few states in the Southern US. Several more states in this region have recently begun showing an interest in legalizing sports betting.

Georgia is one such state that appears interested in doing so. That is a shock when considering this is one of the most anti-gambling states in the country. Certain lawmakers are now pointing toward the demand and large potential for tax revenue to fund various social programs.

Oklahoma is another state that is looking more at legalizing sports betting. Governor Stitt has been working to come up with specific agreements with various tribal groups. Many are hopeful to see sports betting become available here in 2022.

Stay tuned for more information on legalizing sports betting as time goes on.

The casinos in Biloxi continue to see impressive revenue gains. How do you think the casinos here will fare in 2022? Let us know in the comments section below.

More Details on Terry Glebocki’s Resignation are Coming Out

Ocean Resort Casino Atlantic City With Terry Glebocki

Ocean Casino Resort in Atlantic City has quickly become one of the most popular gambling venues in the city. Interestingly, the property’s CEO, Terry Gebocki has recently been removed from her role. More details on Terry Glebocki’s resignation are now beginning to surface.

Many have been surprised to see Glebocki removed as CEO. She is widely credited with helping to turn Ocean Casino around at a time when it struggled to bring in revenue.

Here’s a look at why this change in leadership has been ordered.

Terry Glebocki’s Resignation Has Been Confirmed

Atlantic City is home to many of the biggest and best casinos in the United States. Back in 2012, a new venue called Ocean Casino-Resort opened its doors in the city. This property, located in the northern area of the Atlantic City Boardwalk, initially struggled to bring in players and its revenue figures remained low.

This venue’s ownership changed hands several times over the past decade. While on the brink of bankruptcy in 2019, Terry Glebocki took over as CEO. Her decades of experience in the gaming industry came in handy, as she immediately helped this casino to turn things around.

Interestingly, Terry Glebocki’s resignation has been confirmed. The casino did not give an official reason for her departure. Instead, they released a statement discussing the impact Terry had on the venue during her years as CEO.

“Glebocki has three decades of financial management experience, which navigated Ocean’s course to financial stability,” the casino said in a statement. “Terry joined Ocean on the brink of bankruptcy, and is leaving the property as a leading casino resort in Atlantic City… We are working through this transition and will provide updates as they become available.”

It’s unclear who exactly will take over as CEO of this casino. Hope is that it’s another qualified individual that can continue to increase Ocean Casino’s visitation and revenue figures. Stay tuned for updates!

New Jersey’s Sports Betting Industry Continues to Impress

The state of New Jersey is largely responsible for helping to grow the US sports betting industry. Lawmakers here helped to pressure the US Supreme Court to finally remove PASPA in 2018. Shortly afterward, New Jersey formally launched its regulated sports betting options.

This industry has grown considerably since that time. New Jersey is now home to the largest sports betting industry in the entire United States. The sports gambling operators here have been setting new records throughout the entire year.

This past August, the state’s sports betting revenue figures actually dropped by 5%. Interestingly, the state’s handle grew by 15%. The Meadowlands Sportsbook, operated by FanDuel, managed to bring in the most revenue at $26.9 million.

Fortunately, September is expected to bring about a major turnaround. The start of the 2021/2022 NFL season has already resulted in a massive surge of revenue around the country. Tens of millions of football wagers have already been made in New Jersey and September’s revenue figures are expected to break all-time records.

Casino revenue is expected to continue to increase here over the next few months, as well. We’ll be sure to continue reporting on revenue figures in this city as the year goes on.

Las Vegas Casinos Continue to Change Ownership Hands

Atlantic City has been working hard to improve its casino industry in recent years. Not long ago, the city’s entire gambling industry seemed to be on the brink of collapse. The pandemic put some major strain on this industry once again, yet things turned around in 2021.

There is still no doubt that Las Vegas remains the biggest and most profitable casino hub in the United States. Like Atlantic City, this city has experienced a major comeback throughout 2021. Some major changes have been taking place here in recent months.

MGM Resorts International broke the news that it had agreed to purchase The Cosmopolitan for more than $1 billion. The company’s CEO, Bill Hornbuckle, also expressed support for Nevada to legalize online casinos soon. That is a major change from the company’s stance just a few years ago.

Reports also surfaced claiming a proposed casino next to the Las Vegas airport has gained further approval. This property is currently planned to open in 2024. Several government employees are raising concerns about the danger it poses to the airport, though.

What do you think about Terry Glebocki’s resignation? How do you think Atlantic City will fare in the coming years? Let us know in the comments section below.

Here’s What We Know About the New Las Vegas Airport Hotel-Casino

Dream Casino Las Vegas Sign Background

Las Vegas is home to many of the world’s best casino-resorts. It appears this city may soon welcome a brand new gambling property located right next to the airport. Today, we’ll talk about some of the details of this new Las Vegas airport hotel-casino.

Many have been calling for an exciting new gambling property to open new the Las Vegas airport. Those calls have finally been answered.

Here’s what you need to know about this venue.

More Details on the Las Vegas Airport Hotel-Casino are Coming Out

Some of the biggest and best casinos in the world are based in Las Vegas. The Las Vegas Strip, in particular, is where several multi-billion dollar properties are located. That includes famous venues such as The Venetian, Caesars Palace, and The Bellagio.

For years, residents and tourists have been calling for a new hotel-casino to open directly next to the airport. City officials have pushed against these plans. These officials often argue that even the hotel-casinos on the Las Vegas Strip are close to the airport and investing in a new gambling venue directly next to McCarren Airport is unnecessary.

This week, the Clark County Commission voted 6-1 in favor of allowing Dream Las Vegas to open at the airport. This is a 20-story hotel and casino and will be separated by the airport by just a chain-linked fence. This property is expected to cost a staggering $500 million to construct and may open its doors within a few years.

Several questions over security have been raised with this property’s plans. Several government agencies have voiced concern about the danger it poses to McCarren Airport. Despite the concerns, it appears this property is gaining support from the necessary state groups.

If all goes according to plan, groundbreaking will take place on this property by 2022. Stay tuned for more updates on the proposed Las Vegas Airport hotel-casino over the next few months.

Casinos Continue to Experience Shake-Ups in Las Vegas

The Las Vegas casino industry is bigger and better than ever before. Most of the country’s most successful casinos are also currently based in this city. Recently, several of these companies have been involved in major sales and purchases.

Las Vegas Sands has been experiencing some major difficulties over the past two years. Consistent revenue declines from the company’s venues in Macau have made things difficult. Earlier this year, news broke that Las Vegas Sands had agreed to sell The Venetian, one of its most popular gaming venues.

MGM Resorts International has been involved in several major sales in recent years. The includes the sale of The Bellagio and Circus Cirus to Blackstone Group. This multi-billion dollar deal allows MGM to lease back these properties.

Most recently, news broke that MGM Resorts had agreed to acquire The Cosmopolitan. Moving forward, MGM Resorts International will be taking control of this venue’s operations. It has chosen not to buy the real estate, though.

It seems likely that several more property sales will be announced over the next few years. Several companies, including Caesars Entertainment, have expressed interest in buying more properties here. Gambling revenue continues to surge in Las Vegas and now may be the perfect time for companies to break into this market.

Some feel that it’s time for Nevada to begin allowing online casinos to operate. Here’s a quick look at when this change might take place.

Casino Executives Support Move to Legalize Online Casinos in NV

Casino gambling has been an integral part of Nevada’s economy. Over the past few decades, this state has transformed into the world’s premier gambling destination. Land-based casinos have experienced huge growth over the last few years.

Some of the casino companies have expressed concern about the state’s growing interest in legalizing online casino gambling. Doing so, these companies argue, would take away from their revenue figures. Many of the executives within these companies are now beginning to change their stance.

That includes MGM Resorts CEO, Bill Hornbuckle. He spoke to the media recently about the growing push to legalize internet casinos. To many people’s surprise, he voiced support for this move and claims it will help to grow the entire country’s gaming industry in the long run.

“If you look at what the opportunity could be, I look forward to just talking more about all of it,” Hornbuckle said. “It could be significant not only for the state, but for the industry and nationally, and potentially even on a global basis.”

Casino companies seem to be interested in launching their own internet casinos in the state. It will take several steps for any of these platforms to launch. Time will tell how Nevada’s leaders view these measures.

Are you excited to see the new Las Vegas airport hotel-casino gaining approval to open? Will this be a popular venue? Let us know what you think in the comments section below.

The 2021 G2E in Las Vegas is Now Underway!

G2E Global Gaming Expo Las Vegas Background

Las Vegas is known as the convention and expo hub of the United States. This week, one of the most exciting annual gaming conventions finally kicked off here! Today, we’ll talk about the details of the ongoing 2021 G2E in Las Vegas.

This year’s event is shaping up to be a good one. It should attract a huge number of individuals from within the gaming industry.

Here’s what you need to know.

Monday Marked the Start of the 2021 G2E in Las Vegas

Las Vegas is known for hosting a huge number of popular conventions. For the gaming industry, none is bigger than the Global Gaming Expo, also known as G2E. This expo takes place every year and brings in thousands of individuals involved in the gambling industry.

This Monday marked the beginning of the 2021 G2E in Las Vegas. The four-day event is underway and appears to be a major hit. Tuesday is when things really kicked into high gear, with a staggering number of people making their way to the Venetian Las Vegas Expo Center.

As many are aware, the 2020 Global Gaming Expo took place entirely online. The 2021 Expo is back and bigger than ever. Officials involved claim there are more people making the journey to this convention than ever before. That includes Governor Sisolak, who expressed optimism at what he has seen so far to the media.

“Being here today, I feel so much hope and optimism about the recovery of our state with the return of conferences and trade shows in Nevada and the continued success and growth of the gaming industry,” Sisolak said.

Many of the top casino executives in Las Vegas are being featured at today’s G2E event. These officials will discuss a variety of topics involved with the future of the casino industry. If you have the time, make a trip over to the Venetian to see what everyone is so excited about!

The Las Vegas Casinos Industry Continues to Face Shake-Ups

Las Vegas is home to a huge number of world-class casinos. Many of the country’s top gaming operators are based here. That includes MGM Resorts International, which owns and operates many of the top gambling venues in the city of Las Vegas.

Not long ago, news broke that MGM Resorts had agreed to acquire The Cosmopolitan for $1.6 billion, located on the Las Vegas Strip. The company chose not to purchase the real estate. Instead, they will rent it out for hundreds of millions of dollars per year.

Officials within MGM Resorts also seem to be changing their stance on the online casino industry. In the past, this company pushed against Nevada allowing any internet casinos. CEO Bill Hornbuckle now feels that allowing regulated online casinos will help the state and entire gambling industry in the process.

More casino sales and purchases may be on the horizon here. Station Casinos is currently working on opening a major new property called Durango Station in the Southwestern area of Las Vegas. It is also dealing with various legal disputes from the Nevada Culinary Union.

Las Vegas is not the only US casino hub experiencing some major shake-ups recently. Here’s a quick update on how things are faring over in Atlantic City.

Atlantic City’s Casino Revenue Increases Once Again

Over on the East Coast, Atlantic City remains the biggest and most profitable casino destination. Several major casino-resorts are located here. Throughout most of 2021, these properties have seen increases in their monthly revenue figures.

That was once again the case this past August. Overall, gaming revenue increased by 31% in August when compared to the same month in 2020. The various gaming operators here managed to bring in $427.6 million over the course of the month.

Both land-based and online gambling operators here saw huge revenue increases. The Golden Nugget saw the biggest year-on-year revenue increase at 70%. Tropicana came next at 44%. Every casino here experienced a major surge in revenue.

This is expected to continue into September. Many analysts expect to see New Jersey’s sports betting revenue to increase dramatically over this month, too. This is due to the start of the 2021/2022 NFL season. Stay tuned for updates on this situation over the next few months.

Do you plan to visit the 2021 G2E in Las Vegas? How do you think the casinos in this city will fare throughout the rest of the year? Let us know in the comments section below.

MGM Resorts Supports Legal Online Casinos in Nevada

MGM Grand With Online Gambling Background

MGM Resorts remains one of the biggest and most profitable casino companies operating in the United States. It’s been working hard to expand in recent years and even appears interested in breaking into the online gambling industry. New reports indicate this company supports a move to allow legal online casinos in Nevada.

Many of the top casino companies in Nevada have pushed against this idea. It seems MGM now has a different take on the situation.

Here’s what you need to know.

MGM Officials Support Push to Allow Legal Online Casinos in Nevada

Nevada is known for being home to one of the largest casino industries in the country. It’s here that many major gaming operators are based. That includes MGM Resorts, Caesars Entertainment, and Las Vegas Sands.

Historically speaking, these companies have been against the push to allow legal online casinos in Nevada. Allowing these internet gaming platforms, the companies argued, would significantly reduce the amount of revenue their land-based casinos bring in. That has been the general consensus for years.

It seems things are changing, though. Officials within MGM Resorts International spoke to the media this week and claimed they are open to Nevada allowing online casino gambling. CEO Bill Hornbuckle claims this move would likely help casino companies, the state, and the entire US gaming industry.

“If you look at what the opportunity could be, I look forward to just talking more about all of it,” Hornbuckle said. “It could be significant not only for the state, but for the industry and nationally, and potentially even on a global basis.”

It remains to be seen if other Nevada-based casino companies feel the same way. Stay tuned for updates on Nevada’s growing push to regulate online casino gambling over the next few months.

New Jersey’s Online Casino Industry Continues to Thrive

Certain lawmakers in Nevada seem interested in allowing online casinos. These state officials may be taking a close look at how much money this industry is bringing the state of New Jersey. This was one of the first states to legalize and regulate internet casinos years ago. 2021’s second quarter was a particularly good one for the gaming industry here.

August proved to be a successful month for the online casino operators here. The total online gaming revenue here came out to $113.2 million over the course of the month. That represents an increase of 29% when compared to the same month in 2020.

The land-based casinos here performed fantastically, as well. Total land-based gaming revenue came out to $262.4 million in August. That is a staggering 32% increase from August of 2020 when the casinos here were still struggling to stay afloat.

The Golde Nugget saw the largest year-on-year increase. This property managed to bring in $15.8 million this August, up 70% from August of 2020. The Tropicana came next with an increase of 44%, followed by Resorts at 35%.

The entire US casino industry appears to be performing well right now. Expect to see these revenue figures increasing as the year goes on.

US Sports Betting Revenue Likely Increased This September

2021 has been the most successful year for the US sports betting industry in history. Many states launched their first sportsbooks this month. That includes Connecticut, Arizona, and Washington. Each has seen impressive revenue figures flowing in from this form of gambling.

August was a slow month for many US sports betting markets. September, however, is expected to be the opposite. The start of the 2021/2022 NFL season is expected to result in massive revenue surges for sports betting operators around the country.

Numerous sports betting operators have been reporting huge surges in sports betting revenue. That is likely to continue as the season goes on. It’s an exciting moment for the entire industry and is making more states look into the legalization of sports betting.

2022 is expected to be the year that several more states approve sports gambling bills. That includes California, the most populous state in the country. Even certain lawmakers in Texas seem interested in getting sports betting legalized!

Are you surprised to see MGM Resorts supporting the move to allow legal online casinos in Nevada? Will the state allow these internet gambling platforms anytime soon? Let us know in the comments section below.