Casinos in Lake Tahoe Face Closures Due to the Caldor Fire

Lake Tahoe Casinos

For the past couple of weeks, a fire in Northern California has been steadily growing, working its way toward the Lake Tahoe basin. It is now closer than ever to the Tahoe area, prompting evacuations by local residents. New reports claim the casinos in Lake Tahoe are ordering closures due to this fire, as well.

There is real concern about the damage this fire could cause. It’s clearly having a major impact on the tourism and gaming industry in Lake Tahoe.

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

Caldor Fire Forces Casinos in Lake Tahoe to Close

California is no stranger to devastating wildfires. It seems as if each summer brings massive fires throughout the state. It’s proving to be extremely complicated for state officials and devastating for a huge number of residents and businesses.

The Caldor Fire began in mid-August in Eldorado County in Northern California. It has been steadily growing, fueled by abundant forests, strong winds, and dry conditions. This fire has now burned more than 177,000 acres and is only 15% contained.

In recent days, this fire has been working its way toward South Lake Tahoe, one of the most popular tourist destinations in California. Its fast spread has forced a huge number of evacuations in this area. Four of the casinos in Lake Tahoe have also just announced they are closing portions of their gaming floor due to the fire.

Many of these employees at these properties have been forced to evacuate recently. Harrah’s and Harveys Lake Tahoe, as well as Hard Rock Lake Tahoe and Montbleu Casino Resort, have also shut down more of their operations. It is currently unclear when exactly these properties will reopen to the public.

Things are certainly dire in the Lake Tahoe area. Hope is that firefighters find success containing this fire over the course of the week. Stay tuned for updates on how this affects the casino industry in Lake Tahoe over the next few days!

Nevada’s Casino Industry Continues to Thrive

Lake Tahoe lies on the border of California and Nevada. The casinos here lie on the Nevada side and are owned and operated by some of Nevada’s biggest gambling operators. These properties are very popular and help to bring these companies major revenue each and every year.

The casinos in Lake Tahoe are suffering right now. Overall, however, the casino industry in Nevada is thriving. The state recently reported a record-breaking gambling revenue figure this past July. Much of that is due to the huge surges of tourism into Las Vegas.

$794 million in gaming revenue was earned in Las Vegas alone. That greatly surpassed the previous revenue record set in May, at $696.1 million. It also represents a 49% increase when compared to July of 2019.

Many analysts expect these impressive revenue figures to continue for the rest of the year. Tourism rates continue to increase in major casino hubs such as Las Vegas. The start of the upcoming NFL season is expected to bring a major increase in sports betting revenue for the state, as well.

Other US casino hubs are seeing solid revenue figures right now, too. Now is a great time to look at how much money some of the casinos in these areas have been bringing in.

More States Report Surges in Casino Revenue Over July

Nevada is far from the only major casino hub to experience a surge of gambling revenue over the month of July. In fact, this is proving to be one of the best months in history for this entire industry. Casino companies around the US have reported massive jumps in their monthly revenue figures.

Over in Massachusetts, casino revenue came out to $95.7 million in revenue. The Encore Boston Harbor managed to bring in the most amount of money at $59 million. MGM Springfield ended up having its best month in years, bringing in $23.7 million. The Plainridge Park Casino came in third place at $12.9 million in GGR.

Pennsylvania is quickly developing one of the largest casino industries in the United States. This past July, the casinos here managed to bring in $423.6 million in total gross gaming revenue. That is nearly $35 million more than what was earned the month prior.

Gaming analysts predict an even better month in August for all US casino companies. Things remain on track for a record-breaking year for this industry. We’ll be sure to offer more updates on casino revenue figures for August as more reports begin to surface.

Are you surprised to hear the casinos in Lake Tahoe are closing? Let us know in the comments section below.

More Casinos Push Against Allowing Online Gambling in Nevada

Online Gambling in Nevada

Nevada is home to more casinos than anywhere else in the United States. Recently, many of these casinos have pushed against a controversial new plan being discussed in the state. Now is the perfect time to talk about why these casinos do not want to see legal online gambling in Nevada become available.

Lawmakers seem very interested to expand the number of gaming options available in this state. That could come at the expense of land-based casinos.

Here’s what you need to know!

Lawmakers Continue Looking into Allowing Online Gambling in Nevada

The state of Nevada has been the country’s largest gambling hub since the 1950s. It’s here that many of the most expensive casino-resorts on the planet are located. Last year, these casinos were shut down for months at a time and gambling revenue in the state plummeted.

This seemed to have inspired officials in the state to look into alternative sources of revenue. The Nevada Gaming Control Board will soon meet to discuss whether or not to allow online gambling here. A huge number of gambling fans have supported this move, particularly those not located near any casinos.

Places like New Jersey and Pennsylvania already allow all forms of online gambling. These states bring in a massive amount of tax revenue, as a result. Officials in Nevada now seem to want a piece of that action, as well.

Nevada’s Control Board has not announced when exactly this meeting will take place. It was originally scheduled for May, yet was pushed back indefinitely. It seems likely that this discussion will take place before the end of the year. It seems that not everyone is excited to hear about this meeting.

Major Casino Companies Push Against NV’s Online Gambling Plans

Many gaming analysts have been surprised to see Nevada pushing to allow online gambling. It’s here that many of the most popular casino-resorts are located. These companies have long argued that Nevada does not need internet gambling options.

This week, 28 executives representing 26 different gaming companies all signed a letter pushing against online gambling in Nevada. These officials, including Frank Fertitta III, Michael Gaughen, and Kenny Epstein, believe that this will end up hurting their business. Online gambling will make less interested in visiting local casinos, they argue.

“Reduced jobs in physical gaming locations will hinder the enormous efforts the gaming industry and Nevada are making to recover from the pandemic and hurt the long-term economic growth of our state,” the letter claims.

Many of the top gaming executives in Nevada think these plans need to be second thought. Of course, the decision ultimately comes down to the NV Gaming Board. If this state government body wants online gambling, it will ultimately become available. Stay tuned for updates on this situation over the next few weeks!

Tourism Rates in Las Vegas are Still Increasing

Las Vegas has been the country’s biggest gambling hub for many years. This city has recovered massively from the events of 2020. The casinos here have been reporting massive increases in their tourism and gaming revenue figures over the past eight months.

Fortunately, this trend is continuing. Reports surfaced recently that showed that NV’s gaming revenue surpassed the $1 billion mark for the fourth-straight month last July. It’s clear that people across the country still want to visit and have fun in Sin City.

If things stay on track, this will be the most successful year in history for Las Vegas’ casino industry. Some fear that the rapidly spreading Delta variant could upend those plans. For now, it does not appear to be taking a major toll on tourism.

Do you expect to see online gambling in Nevada anytime soon? Is this fair for the land-based casino operators here? Let us know in the comments section below!

Here’s What We Know About Station Casinos’ New Property

Las Vegas Famous Sign

Station Casinos has been steadily recovering since the devastating casino shutdowns experienced in 2020. It now seems that this major Nevada-based gaming operator is focused on expansion. Today, we’ll talk about some of the details surrounding Station Casinos’ new property.

There have been several major casino openings in Southern Nevada lately. It appears another one is set to take place in the near future.

Here’s what you need to know!

Las Vegas Orders Another Indoor Mask Mandate

Las Vegas is and always has been the country’s top gambling and entertainment destinations. For that reason, the events that unfolded in 2020 took a massive toll on this city. When the casinos shut down, tourism into the city came to a screeching halt.

This trend continued through much of the year. Most of the casinos in Las Vegas reopened to the public in June and July. Unfortunately, tourism rates remained extremely low throughout almost the entirety of 2020.

Things have completely turned around in 2021. Restrictions toward casinos have been lifted and, as a result, a huge number of individuals around the US have been flocking to Las Vegas. The opening of major casino-resorts such as Resorts World has helped to fuel that tourism drive.

Some now worry that things could soon go back to the way they were in 2020. Yesterday, news broke that the state of Nevada has ordered another indoor mask mandate. This is due to the large increase in Covid-19 cases caused by the Delta variant.

Moving forward, those vaccinated or not will need to wear masks while inside casinos. This alone is unlikely to halt tourism into the city. If more restrictions are ordered, however, there is a chance that the gaming and entertainment industries here could be affected in a major way.

Casino companies here continue to look toward expansion. That includes Station Casinos, which just released some of the details of another property it plans to open in the future.

Details of Station Casinos’ New Property are Starting to Come Out

Many of the world’s biggest and best casinos are currently based in Las Vegas. A huge number of massive gambling properties are based here including MGM Resorts and Las Vegas Sands. Station Casinos may not have quite the same name recognition, yet it’s one of the state’s most successful gaming operators.

This company suffered greatly throughout 2020. In fact, it kept many of its venues closed for longer than other casino companies. Station Casinos wanted to ensure that when its casinos reopened, they did so in a way that was profitable.

This week, more details of Station Casinos’ new property were released to the public. This company revealed that it is planning to open another major casino-resort near Durango Drive and the 215 Highway. It will feature more than 100,000 square feet of gaming space and should take between 18 to 24 months to complete. CEO Frank Fertitta III spoke about this news to the media this week.

“Our primary focus right now is really down on Durango, which we think is a great development opportunity and the most underserved part of the Las Vegas Valley,” he said. “The area is fast growing, with a high-income population base, large gaming demographic, and zero competition for five miles.”

Fertitta has a point claiming there is very little competition in the area. Station Casinos’ new property would likely be a major hit with locals in the area. We’ll be sure to offer more updates on this situation over the next few months.

Most casino fans in Southern Nevada are still focusing on Resorts World Las Vegas. It seems this property helped to boost tourism rates in the state last month!

Nevada’s Gaming Win Passed $1 Billion in June

Nevada’s gambling revenue has been steadily increasing over the past six months. It appears this trend has continued into the month of June. Reports surfaced this week claiming that Nevada’s gaming win surpassed the $1 billion mark once again in June.

Resorts World Las Vegas helped the state achieve this feat. This property opened its doors in late June. A massive number of individuals from around the country have been flocking here to see what exactly the property’s $4.3 billion price tag can offer.

The state managed to bring in $1.193 billion last month. That represents a staggering 110.5% increase when compared to June of 2020. Clark County appears to be the big winner in the state of Nevada.

Here, gambling revenue came out 130.6% higher than it was a year prior. Gaming win on the Strip was even higher at 156.3% more than in June of 2020. Resorts World Las Vegas seems to be directly responsible for this massive spike of revenue on the Strip.

Many will now be interested to see if the recent spike in infections will affect gaming revenue here. Las Vegas remains vulnerable to state restrictions. We’ll offer more updates on the tourism and revenue figures here as 2021 continues.

Are you excited to hear about Station Casinos’ new property? Do you expect revenue figures to continue increasing in Las Vegas? Let us know in the comments section below!

Will We See a Mask Mandate in Las Vegas Return?

Las Vegas Strip

Over the past year, Las Vegas has experienced a massive surge in tourism and gambling revenue. Some now fear that things are headed in the wrong direction once again. There is even a chance that another mask mandate in Las Vegas will soon be ordered.

Many of the casino companies will likely push against this move. The decision will ultimately come down to the city and state leaders. Now is a great time to talk about what exactly is happening in this city right now.

Let’s get into it!

Tourism Figures Continue to Increase in Las Vegas

2020 made it abundantly clear that Las Vegas is a city that relies on tourism. This city has been known as one of the true gambling and entertainment hubs in the world. When the casinos and entertainment options here shut down, tourism came to a screeching halt.

This has some massive implications for the city and its workforce. The businesses that rely on tourists immediately saw their revenue figures plummet. Even after the casinos began to reopen in June, far fewer people were making the journey to Sin City than in years prior.

Over the past twelve months, things have been steadily improving here. All of the major casino-resorts in Las Vegas are open. They have been reporting consistent increases in their hotel bookings, particularly over the summer months.

With this increase in tourism comes a jump in gambling revenue. Many have also been flocking to see the opening of exciting new venues such as Resorts World Las Vegas. This casino-resort cost $4.3 billion to construct, setting a new record in the city.

It appears that the new Delta Covid-19 variant is causing another spike in infections in various areas of the country. That includes Nevada. Health officials are taking notice and some claim that it’s just a matter of time before a new wave of restrictions is implemented.

Some of the casino companies in Las Vegas are already expressing fear of another mandatory mask-wearing order from the state. Could we see this happen in Las Vegas once again?

Fear of Another Mask Mandate in Las Vegas Returns

There were a variety of factors that led to the economic slump Las Vegas faced in 2020. Obviously, no one could have expected a complete shutdown of the city’s casinos. These casinos reopened within a few months, however, and the intense safety rules set in place ended up being what kept many tourists away.

Casino companies here learned that most people simply do not want to visit a casino if they are required to wear a mask and play games separated by plexiglass. This is part of the reason why so many of the casinos here pressed city leaders to lift restrictions. Much of Las Vegas’ recovery seems to be related to the lifting of these restrictions.

Covid-19 infection rates are jumping once again and health officials in Nevada are being forced to make difficult decisions. Some casinos are also choosing to take things into their own hands. Two separate casinos are now requiring their employees to wear masks at all times.

The Southern Nevada Health District has also just recommended that everyone in Las Vegas wear masks. This is in an effort to drop infection rates once again. You can see this state government body’s official statement on this situation below.

“As COVID-19 case counts and the positivity rate continues to increase in our community, the Southern Nevada Health District is now recommending both unvaccinated and vaccinated people wear masks in crowded indoor public places where they may have contact with others who are not fully vaccinated,” the statement says. 

Does this mean that another mask mandate in Las Vegas will be ordered? It’s difficult to say. Health experts are still unaware of exactly what kind of problems this latest variant causes. If mass hospitalizations are seen, another mask rule will likely go into effect. A jump in cases without a subsequent spike in hospitalizations and deaths, however, may not warrant such a move.

Most of the other, smaller casino destinations around the US are also expressing fear at another fresh set of restrictions. Here’s a look at how some of these gambling hubs are faring right now.

Will US Casino Revenue Continue to Surge Through 2021?

Las Vegas is far from the only casino destination seeing a major recovery this year. Most of the country’s casino hubs experienced a similar slump that Sin City did in 2020. These areas are now seeing consistent increases in their monthly revenue figures.

Gaming analysts are beginning to question how long this trend will continue for. There is a real fear that the same type of restrictions seen last year could be ordered again. What that would mean for various industries, not just the casino industry, is unclear.

It seems unlikely that any kind of stay-at-home orders will be required again. This would certainly lead to a major slum in casino revenue. Instead, casinos around the US may be ordered to require masks work by guests and employees again.

If that is the case, it seems likely that some areas will require plexiglass barriers at table games, as well. Another round of occupancy limits will likely follow. Specific restrictions will, of course, vary from state to state.

No one seems to know how casino revenue will rise or fall as the year goes on. We remain in uncharted waters and it will take time to see what various health officials recommend. Hope is that the casino industry can continue to thrive.

Do you expect another mask mandate in Las Vegas? How would this affect the casinos here? Let us know in the comments section below.

The Cosmopolitan Las Vegas is Set to Resume 100% Capacity

Cosmopolitan Las Vegas

With each passing week, the city of Las Vegas is slowly getting back to normal. All of the casino-resorts in this city have been working to bring in more guests lately. Today, news broke that the Cosmopolitan Las Vegas is finally set to resume 100% capacity.

Health officials in Las Vegas clearly believe that things are safe enough for this move. Now is the perfect time to talk about what has led to the casino receiving permission to increase its capacity limit. We’ll also look at what some of the other casinos in the city are doing right now.

Let’s check it out!

Governor Sisolak Continues to Loosen Restrictions

Nevada’s economy is one that relies heavily on tourism. In March of 2020, the tourism industry in this state came to a screeching halt. Things began to open up over the summer, yet tourism numbers here remained far below what was seen in years prior.

2021 has represented a major comeback for this city. Tourism figures and gambling revenue has been steadily growing as the months go on. March ended up being the most successful month for this city in quite some time.

Reports have confirmed that gaming revenue in Nevada increased by 67% in March. Overall, the state brought in just over $1 billion in revenue. It was a fantastic sign for the state and the city of Las Vegas, in particular.

Today, Governor Steve Sisolak announced that all counties across Nevada have the pandemic under control. As a result, he is easing back on the mandator mask mandate. This is expected to help the tourism situation in the state even more.

Casinos here are certainly happy to see things improving. As time goes on, more of them are beginning to increase their available amenities. The brand-new Virgin Hotel-Casino, for example, recently announced that it is set to open many new amenities over the next few months.

The Las Vegas Strip is still the most lucrative area of the city. It’s here that all of the most expensive casino-resorts are located. It now appears one of the most popular venues here is ready to increase its capacity limit again.

The Cosmopolitan Las Vegas is About to Resume 100% Capacity

When the casinos in Las Vegas first reopened their doors in March, things were far from normal. The state government ordered all of these gambling venues to abide by intense health regulations. As a result, very few individuals were making the trip to the city.

As restrictions are lifted, tourism numbers go up. A huge number of people are now flocking to Las Vegas to take part in the newly opened festivities. This summer will likely bring record levels of visitors to the city.

This week, news broke that the Cosmopolitan Las Vegas is set to resume 100% capacity. This venue recently hit its goal of vaccinating 80% of its workforce. As a result of this goal, the Nevada Gaming Control Board has given permission for this venue to operate at full capacity. J. Brin Gibson, Chair member of the Nevada Gaming Control Board, spoke about this decision to the media this week.

“The Cosmopolitan demonstrated substantial efforts to vaccinate its workforce and have set an industry standard in what can be accomplished through smart and swift action,” he said. “As a result, The Cosmopolitan is one of few Las Vegas gaming properties to receive approval to return to full capacity due to its overwhelming employee response, and we’ve asked them to share their methodology, strategy and success with the wider hospitality industry. We look forward to seeing all resort partners across The Strip continue the momentum.”

This is a massive move for this property. Many are excited to see how expanding the capacity limits affects revenue figures here. It’s important to note that the Cosmopolitan Las Vegas isn’t the only major venue to make this move. Wynn Resorts announced earlier this week they planned to operate at 100% capacity, too.

The economic situation over in Las Vegas is clearly getting better. Fortunately, things are also improving over in Atlantic City.

New Jersey’s Gaming Revenue Surged in March

It was fantastic to see how much gambling revenue surged in March. This wasn’t much of a surprise when considering how low revenue figures were in March of 2020. All major gambling hubs are reporting major year-on-year revenue increases.

That is certainly the case in New Jersey. This major gaming hub reported $359.2 million in gaming win this March. That is a staggering 120% increase when compared to March of 2020.

The casinos in this state also reported $859.6 million in total sports betting handle for the month of March. Of that, these casinos managed to keep $60.7 million. These revenue increases are expected to continue as the year goes on.

Some analysts believe that many of the remaining restrictions set in place here are still leading to lower-than-ideal tourism numbers in Atlantic City.

It’s an interesting moment for the entire US land-based casino industry. Some big moves are being made by the biggest gaming companies around the country. We’ll be sure to offer updates on revenue figures over the next few months.

Do you plan on staying at the Cosmopolitan Las Vegas this year? Let us know in the comments section below!

Nevada’s Gaming Revenue for March Jumps by 67%

Las Vegas Strip

Nevada’s long and complicated road to recovery continues. Things are bouncing back in a big way and casinos around the state have been reporting large surges in players lately. This week, we learned that Nevada’s gaming revenue for March jumped by an incredible 67%.

This is what officials in the state have been hoping to see. Nevada relies heavily on its gaming industry. Now is the perfect time to discuss exactly how much money flowed into the state last month.

Let’s check it out!

Las Vegas is Set to Remove Capacity Limits Soon

Tourism is an instrumental part of Nevada’s economy. Back in March of 2020, the state’s tourism industry came to a screeching halt. This, of course, was due to the global health crisis and shut down of the state’s casinos.

It wasn’t until June that casinos here were able to begin operating again. Shortly afterward, tourism rates into cities like Las Vegas slowly began to increase. These visitation rates still remained far below what was seen a year prior, though.

There are many reasons why tourism rates have remained low. Many analysts pointed toward the intense regulations set in place as a reason. It makes sense, as many visitors are unwilling to visit the city with so many regulations set in place.

Things are about to change in a big way. Governor Sisolak recently announced that businesses in Las Vegas will be able to operate at 100% capacity beginning on June 1. This is expected to boost tourism rates moving forward.

Many signs point to a major recovery already taking place in the city. Hotels in the city have been reporting major surges in visits over the past few months. This summer is shaping up to be one of the most successful in the city’s history.

We are now beginning to see how much money the gambling operators in the state brought in last month. Here’s what you need to know!

Here’s a Look at Nevada’s Gaming Revenue for March

Throughout almost the entirety of 2020, gambling revenue in Nevada hit record lows. It took a devastating toll on the casinos in the state. No one seemed to know how long this downward spiral would last for, either.

We’re now beginning to see a change. As we already mentioned, tourism rates are increasing here as the months go on. This directly leads to more gambling revenue flowing into the state’s many casinos.

Reports on Nevada’s gaming revenue for March have just been released. To the delight of state leaders, revenue here increased by 67% last month. It’s the first major increase the state has seen in more than a year.

Nevada’s gaming win passed the $1 billion mark during the month of March. In Clark County, revenue increased by 63.4% when compared to March of 2020. These numbers represent the biggest win since 2013 and clearly show that Las Vegas is recovering in a massive way. Michael Lawton, a senior research analyst for the NV, Control Board, spoke about this situation to the media this week.

“These numbers are higher than I think anyone anticipated,” he said. “Demand was obviously a driver, in addition to capacity being increased to 50 percent on March 15 and the NCAA basketball tournament being played after last year’s cancellation. However, these numbers also benefited significantly from stimulus payments allowing for increased spend by customers across the state including locals and visitors.”

It seems highly likely that gaming revenue throughout Nevada will increase as the months go on. July should end up being a landmark month for the city. Let’s look at why that is.

The Opening of Resorts World Las Vegas is Less than Two Months Away

The past year hasn’t been easy for the major casino-resorts in Las Vegas. Keeping these venues closed had a tremendous cost. Fortunately, these properties will soon be able to operate at 100% capacity.

In July, the most expensive casino-resort ever built in Las Vegas will finally open its doors. This is Resorts World Las Vegas, opening in the northern area of the Strip. It cost an incredible $4.2 billion to construct and is expected to be a one-of-a-kind venue.

Last week, news broke that Resorts World LV will officially open to the public on June 24. To say that many are excited about this casino-resort is an understatement. Many feel it will help to significantly boost tourism rates into the city after opening.

This isn’t the only new property that will have opened in 2021. Earlier this year, the Virgin Casino-Resort finally opened in the city. It now sits where the former Hard Rock Hotel-Casino was operating.

Excitement is rising around Las Vegas. There are a huge number of exciting plans being set in place here. If things continue, we could see new gambling revenue records set here as the year continues.

Are you surprised to hear how much Nevada’s gaming revenue for March increased? Let us know in the comments section below!

Kentucky Derby Betting in Nevada is Now Available!

Kentucky Derby Betting

The biggest horse race of the year is now just around the corner! For months, many have been asking whether or not Kentucky Derby betting in Nevada would be available this year. Fortunately, the Nevada Gaming Commission has agreed to allow wagering on this massive event.

The Kentucky Derby is one of the most-bet-on annual events in the US. The 2021 race is expected to break sports betting records. Today, we’ll discuss why Nevada is now choosing to allow betting on the big race.

Let’s get into it.

US Sports Betting Revenue is Increasing Once Again

The United States is still home to the fastest-growing sports betting industry in the country. Back in May of 2018, the US Supreme Court decided to strike down PASPA. Since that time, gambling revenue has been steadily increasing.

More than half the country has already passed laws to regulate sports gambling. That includes many of the states known for having tough anti-gambling laws. The massive amount of revenue coming in from this industry is too much for states to ignore.

Back in February, many states reported large drops in their sports betting revenue figures. That was a surprise for some analysts. Many expected Super Bowl LV to bring states record-high sports gambling revenue numbers.

Things are already bouncing back. Several states have released their revenue reports for the month of March. New Jersey, for example, saw a huge month-on-month increase in sports gambling revenue last month. That is great news for the casinos in Atlantic City still working hard to bring in money.

Several big sporting events are taking place over the next few months that will help to bring in big revenue figures. That includes the Kentucky Derby, set to take place on May 1.

For a time, it appeared that Nevada would prohibit betting on the big race. That is no longer the case. Here’s what we know about this exciting situation.

Gaming Commission Agrees to Allow Kentucky Derby Betting in Nevada

Nevada is known for being one of the biggest sports gambling hubs in the United States. A huge number of sportsbooks are operating throughout the state. Las Vegas, in particular, is home to some of the biggest, most expensive sports betting establishments in the country.

The NV Gaming Commission is responsible for monitoring what sporting events these venues are able to offer odds on. Strict rules are set in place for the state’s sports gambling companies. Heading into the race next month, it seemed as if it would be illegal to make wagers on the 2021 Kentucky Derby in Nevada.

Many were publicly complaining about this decision. The issue eventually found its way to the Nevada Gaming Commission. Today, this state government body unanimously agreed to allow Kentucky Derby betting in Nevada at licensed sportsbooks.

Under the rules, sportsbooks will need to utilize a nationally-televised broadcast to determine the results of this race. Several important clauses have been set in place for the race. That includes stopping all bets as soon as the first horse enters the race cage, ordering that races are aired live at sportsbooks, and more.

Tony Nevill, race and sportsbook director at Treasure Island, spoke about the big news to the media this week.

“We’re really looking forward to a thrilling turnout at the end of this month,” he said. “Between the Pro Football Draft and Derby Weekend, we’re going to see a nice gathering of sports and race fans placing big bets on their favorite outcomes. There’s nothing like catching all the action live and placing bets at a sportsbook surrounded by other excited fans.”

The majority of sportsbooks across Nevada will now be offering odds on next month’s big race. You don’t have to be in this state to make wagers on this event, though. Let’s check out the odds available online for this event.

Breaking Down the 2021 Kentucky Derby Betting Odds Online

Nevada is one of many states with a regulated sports betting industry up and running. It’s far from the only place in the country where this form of gambling is allowed. In fact, many fantastic online sportsbooks are now up and running around the entire country.

BetOnline is quickly becoming one of the most popular US sports betting sites to bet on this event. This site is known for its safe payment options and great odds. It’s extremely easy to bet on every single horse slated to compete in the Kentucky Derby here.

At the moment, Essential Quality is listed as the +300 favorite to win on May 1. The Brad Cox-trained horse has been on a tear lately at 5-0-0 in five starts. It’s a safe bet and one that could end up paying off in a big way.

Rock Your World is second in the odds at +550. This horse is trained by John Sadler and has gone 3-0-0 in three starts. It’s expected to be at the front early on in the race and may maintain that lead into the finish line.

There are many other underdogs worth checking out. A growing number of racing fans are starting to believe that Hot Rod Charlie has a real shot at winning. With odds of +1000, this is a horse that could make bettors happy.

Are you excited to hear that Kentucky Derby betting in Nevada is now available? Which horse do you think gets the job done next month? Let us know in the comments section below!

Tourism Figures in Las Vegas are Increasing Once Again

LV Strip View

Las Vegas is slowly but surely returning to a sense of normalcy. Lately, the city has been experiencing a steady increase in visitors. New reports on the tourism figures in Las Vegas are now coming out and point to some major improvements.

There are some interesting trends that Las Vegas is beginning to experience. Now is a great time to talk about how things are changing here. We’ll also look at how the city may fare for the rest of 2021.

Let’s check it out!

Casino Destinations Prepare for a Successful Summer

Casino hubs have been struggling tremendously over the past few months. Prior to 2020, places like Atlantic City and Las Vegas were thriving. Since March of last year, however, the entire casino industry has been hurting.

Over the summer of 2020, US casino hubs began to experience a rebound. Travel started to increase and gaming revenue began to ramp up. This didn’t last for long, though, and by August these cities were hurting badly once again.

Fortunately, it appears that this summer will be a good one for US casino companies. Vaccine distribution continues to ramp up around the country. As a result, travel is beginning to surge around the United States, as well.

Many analysts now believe that this summer will be a special one for places like Las Vegas. There are several new casino-resorts opening here that are expected to boost tourism rates. That includes Resorts World Las Vegas, the most expensive gambling property ever built here.

It now seems that the tourism situation in Las Vegas is already beginning to improve in a big way. We’re seeing major boosts in the number of people coming here and casinos are seeing revenue increases, as a result. More reports on tourism here are now coming out every week.

There are some interesting things that we are beginning to see in Las Vegas. Here’s what you need to know about the evolving tourism situation in the city.

Tourism Figures in Las Vegas are Jumping Once Again

No city in the United States relies on tourism quite like Las Vegas does. A massive number of the businesses here need tourists to survive. The events that unfolded last year took a massive toll on these businesses.

Just about everyone has been wondering when tourism figures in Las Vegas will reach pre-pandemic levels. It’s clear that this could take years. It is also clear that things are improving here and this summer should be a successful one for the city.

New reports show that older Americans are now making the journey to Las Vegas. Casino companies in the city have been reporting major increases in older visitors lately. This seems due to the increase in vaccine distribution around the country.

Gaming consultant Josh Swissman spoke about this situation to the media this week. He directly credits the increase in vaccines for the recovery of Las Vegas.

“As more of the older end of the customer spectrum receives vaccines and becomes more comfortable with leaving their houses… That for sure means they’ll start to step out and go back to their favorite casinos again,” he said. 

An increase in older visitors is proof that Las Vegas is slowly returning to normal. The tourism numbers here are expected to continue surging over the next few months. If all goes according to plan, this summer will be one of the most successful months for the gaming industry here in years. Stay tuned for updates on this situation!

Gaming Revenue is Still Fluctuating Around the US

Las Vegas is far from the only city in the country to experience dips in its gambling revenue lately. All of the country’s major gambling destinations have seen massive revenue declines since March of 2020. Even today, there are major fluctuations in revenue figures from different casino hubs.

New Jersey has been expanding its gambling industry for years. This past February, revenue here from the land-based casino industry dropped by 32%. It’s a significant drop from what the state was seeing a little more than a year ago.

Louisiana is home to one of the largest casino industries in the southern United States. Interestingly, this state experienced a 28.9% dip in gaming revenue when compared to February of 2020. Most expect this trend will change as the warmer months approach.

Even the US sports betting industry experienced a slowdown in February. States around the country reported significant drops in their sports gambling revenue figures. Much of that is due to players winning their Super Bowl wagers.

It’s an interesting time for the country’s gaming industry. There seem to be some major improvements with casino hubs around the country. We’ll continue offering updates here as the months go on.

When do you expect tourism figures in Las Vegas to reach pre-pandemic levels? Let us know in the comments section below!

Casino Jobs in Las Vegas are Still Difficult to Find

Las Vegas City

Las Vegas is slowly beginning to see a surge of new visitors and casino openings. It seems as if the city is recovering, yet things are still far from normal in this city. According to new reports, casino jobs in Las Vegas are still hard to come across.

Many of the long-time workers in this city are still struggling to find jobs right now. It’s an unfortunate situation and one that will take time to fix. Today, we’re going to talk about what will lead to more of these gaming jobs coming available here.

Let’s get into it!

Gaming Revenue in Las Vegas Dropped in February

It has now been more than a year since the mass casino shutdowns throughout Nevada. This was one of the most impactful moments in the history of the state. Major gaming hubs here such as Las Vegas immediately saw their tourism industries come to a screeching halt.

This took a devastating toll on these cities. Las Vegas relies heavily on tourism. A massive amount of the jobs here also need tourists. Back in March, no one seemed to know how long these casino shutdowns would remain in place for.

It wasn’t until the summer that Governor Sisolak gave permission for the casinos in Las Vegas to open again. Over the course of a few months, most of the major casino-resorts in the city opened their doors. Unfortunately, this did not lead to an immediate surge in tourism here.

As infection rates increased, tourism rates in the city dropped. Lately, however, the city has seen a surge of new visitors. The increase in vaccinations around the country seems to have resulted in a major surge of travel to entertainment destinations such as Las Vegas.

Things are still far from normal here. Gaming revenue in Nevada dropped by 25% in February when compared to the same month in 2020. Casinos throughout the state reported winnings of $772 million last month overall.

Many of the jobs here prior to 2020 are not around anymore. We’re now beginning to hear more about the large number of workers in the city still trying to find employment in the gaming industry.

Workers Complain About the Lack of Casino Jobs in Las Vegas

Not long after the casinos shut down in March of 2020, casino workers were furloughed from their positions. It was a tough blow for these employees and hope was that it wouldn’t last long. Many of these furloughs eventually turned into real layoffs.

Many of these positions still have not yet become available. That includes Analia Ayala’s position as a corporate employee at MGM Resorts International. She spoke to the media this week and revealed some of the difficulties in trying to find new casino jobs in Las Vegas right now.

“It’s been a nightmare having to deal with unemployment,” she said. “I have friends in similar situations where it’s been difficult for them to find a job. “The job market it’s, it’s just not there. I’ve applied to hundreds of jobs every day. I finally got so exhausted I said I’m done, I need a break and then I did, I think I took, I think a month to just collect my thoughts, see what I’m going to do next.”

This isn’t completely new to Las Vegas. The competition for jobs in the casino industry here is high. The situation the city now finds itself in makes this prospect even more difficult. Many are still searching for a similar position to what they had earlier last year.

There are signs that Las Vegas is improving and that will certainly help. Tourism is up and casino-resorts are expanding their hours. Hope is that this leads to a major increase in open jobs by the time summer rolls around.

The opening of brand-new casinos should also help with this. One new venue just opened its doors and another plans to do so in just a few months!

New Casinos Will Bring More Las Vegas Casino Jobs

The events that unfolded last year were unprecedented. No one could have predicted that the city of Las Vegas would need to shut down for months. As a result, many of the gaming companies here were unprepared.

Several new casino-resorts are coming to this city this year. That includes the Virgin Hotel-Casino located where the former Hard Rock Hotel-Casino used to stand. It’s Virgin’s first foray into the casino game and has already been a hit with many visitors and locals.

This summer, Resorts World Las Vegas will finally open its doors. This property cost an astounding $4.2 billion to construct and is expected to be one of the most impressive venues ever opened in the city. It’s expected to bring even more visitors to the northern area of the Strip.

Resorts World is already helping to bring more jobs into Las Vegas. Not long ago, reports surfaced claiming that tens of thousands of job applications were flowing into this venue. Many have been eager to secure a position at the coolest new property in the city.

New entertainment options are also coming to Las Vegas. This will help to bring more visitors and hopefully allow more venues to open here in the future. Stay tuned for updates on the employment situation here over the next few months.

Have you found it difficult to find casino jobs in Las Vegas? Let us know in the comments section below!

Gaming Revenue in Nevada was Down More than 25% in January

Las Vegas City

Nevada is still seeing major drops in its gaming revenue. The start of 2021 proved to be significantly worse than the beginning of last year. Reports on gaming revenue in Nevada are now out and many are surprised to see where things stand.

Today, we’ll talk about how much money the gaming industry in Nevada managed to bring in this January. We’ll also discuss how the state’s casinos may recover throughout the rest of 2021.

Let’s get into it!

The Virgin Hotel-Casino in Las Vegas is Now Finally Open

Most of the world’s greatest casino-resorts are located in Las Vegas. This city is a true gaming destination and casino companies invest billions of dollars to open new properties in this city. Every few years, an exciting new casino opens its doors here.

The Virgin Hotel-Casino has been under construction here for years. Many have looked forward to seeing what this venue has to offer. It is Virgin’s first casino and the company worked hard to ensure it was one of the best new venues in Las Vegas.

There have been many delays getting this hotel-casino open. Finally, this property is ready to open its doors! The Virgin Hotel-Casino is officially set to open today and many are flocking to Las Vegas to see what is available.

The opening of this new hotel-casino may help to boost tourism into Las Vegas. This city has been working hard to attract more visitors lately. New properties like the Virgin one is a great way to achieve that goal.

This isn’t the only new property opening in Las Vegas this year. Resorts World Las Vegas is expected to be one of the best new casino-resorts in the city. It is currently scheduled to open its doors sometime this summer.

Unfortunately, gaming revenue remains very low around Nevada. We’re now beginning to hear how much money Nevada’s gambling industry managed to bring in this January.

Here’s a Look at Gaming Revenue in Nevada for January

Back in January of 2020, Nevada’s casino industry was surging. Tourism numbers into Las Vegas were high and casinos here were earning huge amounts of revenue every month. Just a few months later, this industry completely shut down.

Nevada’s gaming industry is still trying to recover. It’s becoming more clear that this will take a large amount of time. Reports on gaming revenue in Nevada are now out and many are surprised to see where the numbers stand.

Reports have confirmed that gaming revenue in this state in January dropped by 26% when compared to the same month in 2020. The state earned $761,847,813 this January. That is a significant dip and shows how far the state still has to recover.

Interestingly, the Las Vegas Strip saw the biggest decline. This small area of the city experienced a 43% revenue drop. Overall, the Strip brought in just $321,527,682 this past January.

There are some signs that things are improving, though. Tourism rates are increasing and revenue has been surging lately. Much of this has to do with Governor Sisolak’s decision to remove certain restrictions on businesses here.

Hope is that February ends up being a significantly better month for the state’s gambling industry. Signs indicate that it will be. Stay tuned for updates on the revenue figures here over the next few weeks!

Other States Report Major Revenue Declines

Nevada isn’t the only state to experience a major drop in its revenue figures. Reports have come out this week that show many other states also saw massive drops in their gambling earnings. It’s a tough time for casino companies around the country.

Louisiana saw a massive 23% drop in its gambling revenue this past February. Bad winter storms and heavy restrictions have led to this decline. The casinos here are faring significantly better in March and should report much larger earnings.

Indiana reported losses of 30% last month when compared to January of 2020. That is one of the biggest drops in recent history. Like Nevada and Louisiana, things seem to be improving here in March, though.

The entire US casino industry has a long way to recover. No one seems to know when exactly we will see pre-pandemic revenue figures. Casino markets are improving lately and there are some promising signs on the horizon.

Nevada has some exciting things to look forward to. New properties should help to significantly boost revenue here. Stay tuned for more in-depth revenue reports to surface as the year goes on!

Are you surprised to hear that gaming revenue in Nevada dropped so much in January? Let us know in the comments section below!