Casinos in New York Are Expected to Open in September

New York has been one of the last states to allow its commercial casino industry to reopen. It’s been an extremely tough few months for those employed inside these gaming venues. Based on new comments from Governor Cuomo, casinos in New York are likely to reopen soon.Andrew Cuomo

This is what many have been asking for. State leaders wanted to ensure that things were as safe as possible before they agreed to open casinos back up. Today, we’re going to discuss which properties are expected to reopen in September.

Let’s get into it!

Protesters Continue Pushing for Casinos in New York to Reopen

The state of New York is now officially a major casino destination. It wasn’t always this way, though. Lawmakers here fought against gambling legislation for years.

Commercial casinos were legalized here in 2013. In March of 2020, Governor Cuomo ordered all of these casinos to close their doors to the public. It was a huge blow to the gaming industry here and left thousands of individuals without work.

Most states began allowing their casinos to reopen in June. That includes Nevada, the biggest gambling hub in the country. In July, New Jersey started to allow its major casino-resorts to open again, too.

Many have been asking when New York would lift its regulations. Earlier this month, a number of protesters headed to Albany, calling for casinos to reopen. Several of these major protests have taken place recently and it seems they’ve had an effect.

Officials involved with gaming regulation are now working hard to get commercial casinos operational again. That includes Cuomo, who’s been hesitant to get any crowded venues up and running. This week, the governor told the media that news on this situation is coming soon.

Many feel this means that casinos in New York will be operational again by the end of next month.

Governor Cuomo is Set to Offer an Update on Casinos in New York

New York was hit extremely hard from the global pandemic earlier this year. Infection rates have become under control in more recent months. Of course, all lawmakers here fear that lifting regulations will result in another major spike in Covid-19 cases and deaths.

The casino industry is now on the brink of collapse. That’s exactly what gambling proponents in the state are attempting to point out. The permanent closure of casinos will result in a major loss of jobs.

This week, Governor Cuomo hinted at a new plan. He seems to be insinuating that all of the commercial casinos in this state will be given permission to open back up sometime in the near future.

“We will have an announcement next week,” Cuomo said, “It is going to be positive news.”

This is exactly the news that casino employees were hoping to hear. The biggest issue for these workers was not knowing when they would be allowed to return to work.

It seems likely that the same regulations found in Atlantic City’s casinos will be implemented here. That includes limiting the number of players at table games, requiring masks, and eliminating food and drink service. We’ll continue offering updates on the reopening timeline over the next few weeks.

Regulations Are Slowly Being Lifted in Atlantic City

There’s no doubt that Las Vegas remains the biggest casino hub in the United States. For a time, it seemed like Atlantic City was close to capturing that title, though. Prior to the shutdowns in March, gambling revenue in this New Jersey city was skyrocketing.

The legalization of sports betting certainly helped. A huge number of visitors from nearby states began making the trip to Atlantic City to place sports wagers inside the casinos. Many of these casino-resorts also underwent major renovations that made them more appealing to guests.

Between March and June, all of Atlantic City’s casinos were closed. They’re now open and officials have gradually begun lifting the regulations found inside these venues. News broke this week that alcohol service will once again be allowed inside the casinos here.

Hope is that the lifting of these regulations helps to boost revenue. All of the casinos in Atlantic City have experienced massive revenue drops in 2020. Overall, gaming revenue in the city dropped by 23% during the month of July.

Most experts predict this will improve as time goes on. Casino companies are working hard to attract new players. Soon, the casinos in New York will need to begin coming up with marketing ideas, as well.

Do you think it’s time for New York’s commercial casino industry to reopen? Let us know in the comments section below!

Casino Revenue in Detroit is Down 60% This Year

Many casinos around the United States have been open for weeks. Recently, revenue reports for different states have begun to surface. News has just surfaced that shows casino revenue in Detroit has dropped by an astounding 60% so far this year.Michigan State Flag

It’s a shocking reminder of how far this industry has dropped over the past couple of months. Many fear the country’s casino industry will never look the same as it did at the start of this year. Now is the perfect time to look at how much money the casinos in Detroit have been earning in 2020.

Let’s get into it!

Michigan’s Biggest Casinos Remain Shut Down

As we just mentioned, many casinos around the United States have recently begun to reopen. For many states, it was a necessity to get this industry up and running. Places like Las Vegas and Atlantic City rely almost entirely on their gambling and tourism industries.

At the start of July, lawmakers in Michigan announced plans to reopen casinos in the state. The plan was to get Detroit’s casinos operational within a week or two. Unfortunately, we’re coming close to the end of the month and there is still no word on when exactly these gaming venues will be allowed to reopen.

Cases of Covid-19 continue to increase around the country. State leaders are now beginning to roll back on their reopening plans. Michigan seems to be halting its plan to get its casinos open to the public.

This isn’t much of a surprise. Casinos, even with intense social distancing and health measures set in place, remain easy places for this new coronavirus to spread. This is an issue plaguing all casino destinations around the country.

Casino companies in this state are taking a major hit. All have lost an incredible amount of money this year. New reports have just surfaced that show exactly how much revenue has been lost here over the past six months.

Casino Revenue in Detroit Has Fallen 60% in 2020

Michigan is home to a large and successful casino industry. The majority of gambling venues in this state are Native American-run casinos. There are only three casinos, all of which are located near Detroit, that are commercially operated.

Obviously, all the casinos here are taking a massive hit due to the events taking place around the world. The commercial casinos, in particular, have been struggling immensely. New reports are now coming out that show casino revenue in Detroit has dropped by 60% so far this year.

All three of these venues are seeing much lower revenue figures when compared to 2019. Through six months of the year, these casinos have managed to bring in $299.2 million. That’s a major drop compared to the $734.5 these casinos made last year.

This is a tough blow for the state and the city of Detroit. Casinos here help to bring in a significant amount of money via taxes. Michigan earns 8.1% of a casino’s net winnings. Detroit earns 10.9%.

Casino revenue in Detroit is likely to remain low for all of this year. Interestingly, many of the Native American casinos in the state have recently started to operate again. All of them are finding it difficult to attract players, though.

Is sports betting going to help Michigan’s gambling industry survive?

US Sports Betting Industry Continues to Grow

It’s clear that the US casino industry is hurting right now. Some states have allowed their land-based gaming venues to begin operating again. Revenue from the industry is still down around the country.

Interestingly, sports betting is growing more popular than ever before. More than 20 states around the country have already legalized this form of gambling. Most of them have seen their sports betting revenue increase recently.

That’s a little surprising when you consider the fact that most sports leagues have been shut down. Fortunately, many of these leagues have finally begun to resume operations. The UFC, MLS, and PGA have all begun holding events again.

Some casino destinations are now relying on their sports gambling revenue more than ever before. Over in Atlantic City, revenue from online sports betting is still increasing. Casinos here, meanwhile, are having a difficult time drawing in players.

Casino revenue in Detroit is down nearly 60% this year. Some feel that Michigan will fast-track the plans to allow online sports betting to make up for these losses. We’ll continue offering updates on the revenue earnings here over the next few months!

Do you think the casinos in Detroit should be allowed to reopen? Let us know in the comments section below!

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!

Bill to Allow Commercial Casinos in Virginia is Making Progress

The gambling industry is one of the hottest topics for lawmakers in Virginia. Many officials here want to see the state expand its number of legal gambling options. This week, a bill to allow commercial casinos in Virginia advanced through a Senate sub-committee.Virginia Sign

This is a huge win for gambling fans and proponents throughout the state. It seems likely that these commercial gambling venues will be approved in 2020.  Today, we’re going to look at the state’s current casino laws, and discuss how they might change this year.

Virginia’s Current Gambling Laws, Explained

Virginia is home to more than 8 million people. Over the past couple of years, more residents here have begun pushing to change the state’s gambling laws. Virginia is known for its hardline stance towards the gambling industry, with almost no legal gaming options available right now.

This includes casino gambling. Virginia is one of the states which does not currently allow any tribal or commercial casinos. This wasn’t always the case, though. In the 1800s, Virginia was home to several major gambling venues.

These were eventually shut down in the early 1900s. Almost all forms of gambling remained illegal here throughout the 20th century. In 1987, Virginia finally legalized a state lottery. Eight years later, lawmakers began pushing to allow riverboat casinos. Unfortunately, this was shot down in the Senate committee.

Another attempt to legalize river casinos was made in 2013. Once again, these plans were quickly shut down. There are several online casinos available in VA, yet none are regulated by the state.

Finally, it appears officials here are open to allowing some gambling venues. A bill to allow commercial casinos was introduced in November of 2019. This week, it was approved by the state Senate sub-committee.

Commercial Casinos in Virginia May Soon Become Legal

The US gambling industry is growing at an unprecedented rate. More states are beginning to realize how lucrative legal casino gambling and sports betting can be. It seems this is the case in Virginia. Lawmakers here are finally beginning to embrace the idea of legal casinos.

This week, the Senate General Laws and Technology Subcommittee on Gaming officially approved the recent bill to legalize commercial casinos in Virginia. This bill is a continuation of another bill, called SB 1126, that called for a study on the impact that casinos would have on Virginia.

State officials are beginning to sign-off on this new legislation. Residents in the state will need to approve new casino proposals before any of these venues can be built. A majority of voters are needed to approve the new plans.

Most agree that Virginia’s casino industry will be successful. There are already several cities here that claim to be interested in opening one of these venues.

Conservative groups continue to raise concerns over this new bill. Fortunately, there are enough statistics available that prove how valuable these venues may be to the state. It seems as if we already know where some of these casinos will open.

Five Virginia Cities May Soon Open Casinos

There are still several steps that need to be taken before the bill to allow commercial casinos in Virginia is approved. Interestingly, there are several states where lawmakers want to see these venues open. Each one is struggling financially and would benefit from the extra revenue obtained through the gambling industry.

For now, Richmond, Bristol, Danville, Portsmouth, and Norfolk have all qualified to open a casino.

Some of Virginia’s top lawmakers are still reviewing ways to regulate the new casino market. As of now, the Virginia Lottery is being tasked with monitoring these venues. Gaming revenue will be taxed at 27%.

Native American casinos may eventually be allowed here, as well. Recently, the Pamunkey Tribe has requested permission to operate a new casino in Norfolk and Richmond. These plans have not yet been approved.

It seems like commercial casinos in Virginia are on their way. Perhaps in time, every state in the country will allow traditional casino gambling. Stay tuned for more updates on this situation over the next few months!

Hard Rock May Operate a Casino in Bristol, VA

Earlier this year, lawmakers in Virginia officially approved a plan to expand the state’s gambling industry. Almost immediately afterward, many of the top US casino companies began pushing to open a casino here. News has just come out that Hard Rock International may soon operate a casino in Bristol, VA.Hard Rock Logo

Virginia could establish a strong casino market on the East Coast. Having Hard Rock running casinos here is a great first step. Here’s what we know about these plans.

Virginia Allows More Casinos to Open Up

Virginia isn’t necessarily thought of as a gambling-friendly state. It’s unfortunate, as many lawmakers have continued to push for the legalization of casinos here. The first real attempts came in 1995 when state officials began pushing to open riverboat casinos.

These efforts were all unsuccessful. Another push to open these gambling venues came in 2013. Once again, no bills managed to make it onto the casino floor. Officials tried to convince state politicians that Virginians are gambling in Maryland, which is benefiting the most through taxes.

Finally, things took a turn. In March, legislators in Virginia approved a bill to allow commercial casinos in the state. Several cities are now lobbying to gain approval to open a casino.

Bristol is one city that’s ready to welcome a gambling venue. Randy Eads, city manager of Bristol, commented on the idea of opening a casino to the media this week.

“I cannot think of a better place for Hard Rock Casino to be than here in Bristol, Virginia,” Eads said. “Hard Rock is synonymous with music. With our storied history of music here in Bristol, to have a new partner aligned with the music industry like Hard Rock is, I cannot think of a more exciting time to be in the city of Bristol.”

Hard Rock is Open to Running a Casino in Bristol, VA

Hard Rock International is one of the fastest-growing casino companies in the US. The Seminole Tribe-owned company now has casinos in many states including Nevada, Mississippi, New Jersey, and Oklahoma, among others. It seems that Hard Rock is now open to running the proposed casino in Bristol, VA.

Proponents of this casino recently met with officials at Hard Rock International. According to reports, this meeting was successful.

“Hard Rock’s iconic brand speaks to its deep roots in live music entertainment and world-class memorabilia collection, which will play a prominent role at Hard Rock Casino Bristol. This focus on music will complement our region’s country music heritage and dynamic music scene in the Twin City,” said Jim McGlothlin, CEO of The United Company and a co-partner on the Bristol resort and casino development.

At the same time, Hard Rock is investing $300 million into a new land-based casino in Gary, Indiana. The company is also preparing to open a gambling venue in Rockford, Illinois.

The casino in Bristol, VA, has not been officially approved. It seems likely that state officials will give it the green light within the next few months. It’s an exciting time for gambling fans in this state.

Virginia Isn’t Quite Ready to Legalize Sports Betting

Lawmakers in Virginia are just beginning to embrace the gambling industry. Unfortunately, they don’t seem ready to start regulating sports betting. A bill was presented here that would legalize this form of wagering, yet it hasn’t made much progress in the state legislature.

This is frustrating for many individuals who believe the state would benefit massively from the legalization of this industry. Today, 20 states have officially legalized sports gambling. Most of them are earning millions of dollars every month by taxing this industry.

There’s a chance that sports betting in Virginia could be legalized in 2020, though. House Bill 4 is currently being reviewed by state lawmakers. Specific details of this bill are being withheld.

In order for it to be legalized, cities would need to officially approve this bill. Voters will also need to approve the legalization of sports betting on the 2020 ballot.

Stay tuned for more news on the casino in Bristol, VA over the next few months!