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.

The Global Gaming Expo is Heading Back to Las Vegas

Global Gaming Expo

The Global Gaming Expo is widely considered to be the biggest annual gambling industry trade show in the world. It was canceled in 2020 and many questioned whether or not it would make a comeback this year. Fortunately, reports have confirmed that this popular expo will be making a return to Las Vegas in October!

Many involved in the gaming industry are excited to hear this news. The casino companies in Las Vegas will also benefit from the return of this event. Now is a great time to talk about what those interested in attending this show can expect.

Let’s get into it!

Memorial Day Brings a Surge of Visitors to Las Vegas

Las Vegas remains the country’s biggest tourism hub. As travel ramps up around the United States, the gambling and tourism industry in this city are seeing major surges of revenue. This past Memorial Day weekend proved to be a very successful month for the city.

That shouldn’t come as much of a surprise. This weekend tends to be one of the busiest travel weekends of the year. Prior to 2020, a staggering number of individuals would make the trip to this city to enjoy a long weekend gambling.

Things have improved massively throughout 2021 and reports have confirmed that Las Vegas saw a major surge of tourism over Memorial Day weekend. Many officials within the gambling industry here claim they see the city returning to normal.

Casino companies in Las Vegas continue to report major surges in tourism. All are now able to operate without requiring guests to wear masks. The capacity limit inside these venues is also now back at 100%, helping to fuel more tourism to the city.

Some now believe that the opening of Resorts World Las Vegas will bring another major surge of visitors to the city. This property is scheduled to open its doors on June 24. At $4.3 billion, it’s the most expensive casino-resort ever built in Las Vegas.

Major conventions are also returning to Las Vegas this year. That includes the popular Global Gaming Expo! Here’s what you need to know about the 2021 edition of this trade conference.

Sources Confirm the Global Gaming Expo is Returning to Las Vegas in October

The gambling industry continues to evolve at a rapid pace. With the emerging online gaming platforms becoming available, many businesses and individuals are looking at ways to break into this industry. Some believe the Global Gaming Expo is the best annual gambling expo in the world.

This exposition first took place in 2001 at the Las Vegas Convention Center. It has taken place every year in Las Vegas since that time. As many are aware, 2020 ended up being the first year that the Global Gaming Expo did not take place since it began.

Many feared this expo would not end up taking place in 2021. Those fears have begun to wane as infection rates drop and regulations in Las Vegas are lifted. This week, news broke that Las Vegas will once again host the G2E from October 4-7! Meredith Pallante, vice-president of the American Gaming Association, spoke about this news to the media this week.

“We can’t wait to bring the industry back together in Las Vegas for G2E 2021,” she said. “The industry has shown tremendous resilience throughout the pandemic and being able to gather together again will be another great milestone in our strong recovery.”

A huge number of individuals have been asking about this convention. 80% of those polled claimed they would be willing to attend this convention in person. That’s great news for both the organizers of the Global Gaming Expo and the casino companies operating in Las Vegas.

Las Vegas is far from the only city experiencing a major surge in tourism and revenue. Here’s a look at how some of the country’s other gaming hubs are faring right now.

US Casino Hubs Report More Jumps in Tourism

The land-based gambling industry was devastated by the events that unfolded throughout 2020. Fortunately, this industry is rebounding faster than many initially expected. Most of the casino companies across the country are reporting big jumps in their tourism and gaming revenue.

That includes Atlantic City. This small city in New Jersey remains the largest gaming hub on the East Coast. Much like Las Vegas, it has been seeing a steady recovery over the first five months of 2021.

A few weeks ago, the American Gaming Association reported that US gambling revenue surged massively throughout 2021’s first quarter. In fact, total gross gaming revenue in New Jersey came out to $993.7 million through the first three months of the year. That represents a massive increase when compared to the first three months of 2020.

Over in Louisiana, casino revenue jumped in a big way, as well. The casinos in Baton Rouge reported gross gaming revenue of $26.4 million in April. That’s a fairly large increase from the month prior.

Overall, it’s clear that the US gambling industry is recovering quickly. This summer should prove to be hugely successful for the casinos around the country. Hope is that this trend continues for years to come.

Are you happy to see the Global Gaming Expo make a return to Las Vegas? Let us know in the comments section below!

The 2020 Global Gaming Expo is Officially Canceled

Las Vegas is known as the convention capital of the United States. Under normal circumstances, there are major conventions taking place in the city on a weekly basis. That’s not the case this year, and news has just broken that the 2020 Global Gaming Expo has been officially canceled.Global Gaming Expo Logo

As many are aware, this is the largest gaming industry event in the country. It regularly draws in tens of thousands of individuals. Today, we’re going to look at why this event has been canceled and when we may see the next one.

Let’s get into it!

Las Vegas Continues to Cautiously Reopen

On June 4th, Governor Steve Sisolak finally gave the green light for casinos in Nevada to reopen. It was a huge decision for residents here, many of whom rely on the gambling industry for employment. Most of the state’s gambling venues have been open since March and tourism continues to slowly increase.

State leaders remain cautious, though. Cases of Covid-19 have been increasing around the country. There has been a significant increase in infections in Nevada too and most feel it’s due to the reopening of casino-resorts.

There’s no going back for this state. Ordering the casinos here to close once again would be devastating to the local economy. No one expects Sisolak to take this drastic of a step. Smaller, less intrusive restrictions may still be implemented, though.

Casino companies in Las Vegas are trying to lure in visitors with travel deals and discounted room rates. We’ll get a much better picture of how much revenue is being earned here at the end of July. For now, everything is speculative.

The gambling and entertainment industry in this city is now up and running. Things are still very different here and it may be years before any real sense of normalcy is back. This week, officials ordered the cancelation of a major convention.

AGA Officials Cancel the 2020 Global Gaming Expo

The gambling industry has been growing steadily in the US for the past few decades. More states have realized the revenue potential in this industry. Every year, tens of thousands of individuals involved in the gaming industry meet up at the Global Gaming Expo to meet and network.

Unfortunately, this will not take place in 2020. Officials within the AGA have officially decided to cancel the 2020 Global Gaming Expo over concerns about health safety. AGA President and CEO Bill Miller spoke about this decision to the media this week.

“In light of continued uncertainty around a viable marketplace at a physical G2E show, global travel restrictions, and currently unknown guidance on large public gatherings this fall, we have come to the unfortunate conclusion that we simply cannot hold an in-person G2E this year,” he said. 

This isn’t an entirely surprising decision. Any gatherings of extremely large crowds are discouraged. It’s not entirely clear when an event like this one can take place again. Of course, many in the gambling industry are still extremely disappointed to see the 2020 Global Gaming Expo canceled.

Las Vegas may not see any major conventions for months. It’s an unprecedented time. Perhaps we’ll see events like the once canceled this week take place virtually. For now, the plan is for the next Global Gaming Expo to take place in October of 2021.

East Coast Gambling Hubs Are Beginning to Open Back Up

Las Vegas was the first true US gambling destination to open back up. Tourism remains fairly low here, yet it was crucial to get things running again for the residents of this city. Over the past couple of weeks, several other major gambling destinations have opened back up.

Over the July 4th weekend, Atlantic City officially began allowing casinos to start operating again. It was a long-time coming for those living in and around this city. Of course, there are several new rules being implemented in these casinos that many are complaining about.

Safety is still the number-one priority for officials in New Jersey. Inside the casinos here, eating, drinking, and smoking are all prohibited. Many feel this takes away from the fun atmosphere these venues previously offered.

Don’t expect any major conventions to take place in Atlantic City soon. New Jersey is just finally beginning to see its Covid-19 infection rates drop. State leaders don’t want to see another spike in cases.

Many will be affected by the 2020 Global Gaming Expo cancelation. Some analysts predicted that things would be back to normal by then. We’ll continue offering updates on what’s happening in Las Vegas over the next few months.

Have you visited Las Vegas since the casinos reopened? How did you like your trip? Let us know in the comments section below!