More Issues Arise Opening the First Casino in Chicago

Casino In Chicago

For years, officials in Illinois have been interested in getting a major casino-resort open in the city of Chicago. Unfortunately, numerous issues have come up trying to move these plans forward. It now appears there are very few companies interested in opening the first casino in Chicago.

It’s disappointing news for gambling fans to hear. Today, we’ll talk about what needs to be done for this casino to open. We’ll discuss how the state’s current gambling industry is faring right now.

Let’s get into it!

Casino Officials Continue to Express Fear Over Additional Restrictions

The events that unfolded in 2020 proved just how vulnerable the US casino industry really is. For months last year, all of the casinos across the country were completely shut down. This took a devastating toll on the cities that these casinos are located in.

Even after reopening to the public, US casinos were forced to abide by intense health regulations. That includes lowered capacity limits and mandatory mask-wearing. These rules kept many individuals from making the journey to places like Las Vegas.

Things have been steadily improving for casinos throughout 2021. Tourism to major gambling hubs has been increasing and gambling revenue has been steadily rising. Unfortunately, there are some that fear a return to how things were last year.

The spread of the new Delta variant has many health officials worried. Some areas of the country have already begun ordering a new fresh set of health regulations. Several major casino officials are now expressing fear that their casinos could be ordered to implement more restrictions in the near future.

This would be a major blow for the major casinos in Las Vegas. These properties are beginning to see pre-pandemic levels of revenue right now. If a new wave of restrictions is implemented, much of the progress that was set in place here has been undone.

A group of officials in Illinois continues pushing to open a major casino-resort in Chicago. More issues continue to get in the way of this venue opening, though.

Here’s Another Update on the First Casino in Chicago

Illinois is known for its lenient laws toward gambling. Today, both casino gambling and sports betting are completely legal. In fact, the state’s sports betting industry is now the second-largest in the country after only New Jersey.

Back in 2019, lawmakers here approved a Capital Plan that allows for several new casinos to open around the state. This new plan also allows for a Class III casino to open its doors in Chicago. Unfortunately, getting this property up and running has been much more difficult than some initially expected.

Much of that has to do with the state’s regulations. Illinois set an unusually high tax rate on this Chicago casino. This has kept many of the country’s biggest gaming companies from expressing interest in opening the first casino in Chicago.

It seems that casino companies are still skeptical about the opportunity here. Four companies have expressed interest in opening this property. Two have formally dropped out and another seems to be showing more hesitancy. Alan Woinski, president of Gaming USA, spoke about this situation to the media this week.

“The casinos in the state have been in nothing but a downward spiral for a decade, except for Rivers,” Woinski said. “There’s no reason to believe that if you add a casino downtown that you’ll do anything but cannibalize the others, including Rivers. It’s kind of a zero-sum game and everybody loses.”

It seems there are still a huge number of issues in the way of this property opening its doors. Stay tuned for more updates on the effort to open a casino here over the next few months!

Will Sports Stadiums in Chicago Soon Allow Sportsbooks?

Illinois is now one of the country’s biggest and most profitable sports gambling hubs. Here, both online and land-based sportsbooks are operating. Some have been disappointed to see that none of the sports stadiums here have launched any sportsbooks, though.

When Illinois first launched its sports gambling bills, it was expected that stadiums here would allow sportsbooks. That hasn’t been the case, though. Chicago has set a ban on sportsbooks inside casinos since 2020.

This could soon change. News broke last week that Alderman Walter Burnett proposed a new ordinance that would allow for sports stadiums to purchase sports betting licenses. This could allow for Soldier Field, Wrigley Field, Guaranteed Rate Field, the United Center, and Wintrust Arena to each launch their own sportsbooks.

It remains to be seen if this new ordinance will gain any support from fellow lawmakers. Many in Illinois are beginning to see how much revenue can be earned from this industry. Sports fans are excited to hear that sports betting could be allowed inside stadiums.

If approved, this ordinance would also allow for sports betting to become available in the first casino in Chicago. This casino has to be built first, though. As of now, very few companies seen interested in opening this venue.

When do you expect a casino to finally open in Chicago? Do you think a gambling venue here will be successful? Let us know in the comments section below!

Bally’s Corp and SportRadar Announce Five-Year Sports Betting Deal

Odds Board and Money

Baly’s Corp, through Bally’s Interactive, has entered into a five-year sports betting agreement with sports betting provider SportRadar.

The deal gives Bally’s Interactive access to SportRadar’s comprehensive suite o betting data as part of its plan to their online betting capabilities.

Said Bally’s Corp. senior vice president of strategy and interactive Adi Dhandhania in a statement:

“This partnership provides us with a comprehensive suite of betting data, which will allow us to enhance our products and content offerings. We look forward to continuing to execute on our online sports betting and interactive gaming expansion strategy.”

Access to SportRadar’s Sportsbook Technology

In a statement, SportRadar says that Bally’s would receive access to its complete pre-game betting services, live betting services, and content solutions portfolio. Bally’s Interactive will incorporate that data portfolio as part of its expansion plans.

Under their agreement, SportRadar will provide pre-game and in-game odds for Bally’s and will also offer it additional assets like stats packages and live score widgets. Integrated in that technology is SportRadar’s data suite which includes live information and news from leagues and sports governing bodies around the world.

Online sportsbooks Bet365 and William Hill both have the same business relationship with SportRadar. Online publication The Athletic also uses SportRadar’s service, using it to provide in-depth statistical analysis to their content. SportRadar is also the official integrity partner of the NHL.

Bally’s is Just Getting Started

Bally’s Corp. is just getting started in the sports industry business. They launched at their first market in Colorado last May and have a beta version of their Bally Bet technology which began operating in Iowa last month.

With more and more bettors making bets using their mobile phones and desktop PCs instead of going to brick and mortar shops, the online sports betting industry is picking up steam and more and more competitors have sprung up. Bally’s Corp hopes that its brand recognition will help its sports betting app.

Bally’s logo can be seen on highlights and game broadcasts on a consistent basis after the company purchased the naming rights to 21 of Sinclair’s regional sports networks. Aside from that Bally’s also bought sports betting platform Bet.Works for $125M and fantasy sports platform Monkey Knife Fight for $90M within the past year.

Virginia’s Casino Laws Gain Approval by State Lottery Board

VA State Flag

Certain lawmakers in the state of Virginia have been looking to legalize sports betting for many years. It now appears that the state is closer than ever to doing so. Reports have just confirmed that Virginia’s casino laws have been approved by the state Lottery Board.

It’s exciting news for casino fans in this state. Many are excited to see the first true gambling venues open their doors here. Today, we’ll talk about the recent progress in launching the first casinos in this state.

Let’s get into it!

Casino Companies Fear a Return of Major Restrictions

The US casino industry faced its toughest test to date back in 2020. All casinos across the country were forced to be shut down in March of last year. It took several months for any of them to begin accepting guests again.

Things have been steadily improving for casinos since the beginning of 2021. Much of this is due to states lifting their various restrictions toward these gambling venues. That includes the removal of the mandatory mask mandate and capacity limits.

Many of the country’s most powerful casino companies are now fearing the return of these restrictions. These companies have noticed the concerning rise in Covid-19 cases around the US. They are also taking note of the new rules being set in place in various states.

Analysts are debating whether or not another mask mandate in Las Vegas will be ordered anytime soon. This city remains the biggest and most profitable gambling hub in the United States. It seems unlikely, yet the decision to order masks will ultimately come down to Nevada’s top leaders.

Not everything is so bleak for this industry. Most casino hubs have been reporting impressive revenue gains over the past few months. It seems likely that this trend will continue, at least throughout the near future.

Several states are now taking a closer look at expanding their gambling regulations to generate more tax revenue. That includes Virginia, which appears closer to legalizing casinos than ever before.

Here’s an Exciting Update on Virginia’s Casino Laws!

The state of Virginia is known for having an unusually strict set of gambling laws. Here, most traditional forms of gambling remain prohibited. That includes traditional Class III casinos, despite the large number of individuals pushing to allow these properties to open their doors here.

There is some progress being made here. Lawmakers in the Senate and House have been discussing the pros and cons of casino legalization. More of these state officials seem to be opening up to the idea of allowing these properties.

This week, news broke that the Virginia Lottery Board officially approved Virginia’s casino laws! It’s a huge step forward and paves the way for real Class III gambling venues to open their doors here. Virginia Lottery Executive Director Kevin Hall released a statement about this news to the media this week.

“The Lottery’s Gaming Compliance Department and Office of General Counsel have been diligently working to set up the regulatory and licensing framework to ensure casino gaming in Virginia is secure and transparent,” he said. “In this role, we see the Lottery as the public’s watchdog, confirming that the law and regulations are followed, and the integrity of casino gambling is protected.”

These rules will now be sent to the Governor’s office. If given the green light here, these rules will undergo a 60-day public comment period. It’s here that Virginia’s residents can voice their opinion of allowing casino gambling in the state.

Virginia seems closer than ever to getting its first real gambling properties up and running. We’ll be sure to offer more information on this situation over the next few weeks!

Sports Betting Proves to Be a Major Hit in Virginia

It’s clear that Virginia is expanding its gambling industry at a rapid pace. Sports betting officially became legal here at the beginning of 2021. It instantly became a major hit and has been helping to bring the state an impressive amount of revenue each month.

This week, reports surfaced showing how much money the state’s sports gambling industry brought in during the month of June. Approximately $234.9 million was bet on sports in this state during that month. This brings the total handle throughout 2021 above $1.3 billion.

Basketball remains the most popular sport to bet on in this state. More than 30% of all sports wagers made here were done on the NBA. Some feel that the beginning of the upcoming 2021/2022 NFL season could change that trend, though.

NFL betting is, overall, the most popular form of sports betting in the country. The upcoming season is expected to be a good one and it seems likely that a huge number of individuals in Virginia will bet on how the action unfolds. This could further help to boost sports gambling revenue in the state.

Casino gambling will likely be extremely popular here, as well. There are clearly a large number of passionate gamblers in Virginia right now. Stay tuned for more news on the road to legalize Class III casinos here over the next few months!

Are you surprised to hear that Virginia’s casino laws have been approved? When do you expect the first casino to open here? Let us know in the comments section below.

Several Companies are Pushing to Legalize Casinos in Georgia!

Casino Slot Machines

Georgia is well-known for having some of the strictest gambling laws in the country. Over the years, many have been pushing for lawmakers here to make changes to these laws. One prominent group of gambling companies are now pushing to legalize casinos in Georgia!

A growing number of residents support this move. It would likely help to bring Georgia a huge amount of tax revenue every single month. Today, we will talk about what needs to happen for casinos to become legal here.

Let’s get into it!

US Casino Revenue Jumped Considerably in June

It’s been more than a year since most casinos around the US reopened to the public. Since that time, the US land-based casino industry has been slowly recovering. Tourism to major gambling hubs has been increasing and revenue has been steadily rising.

Many states recently released their casino revenue reports for the month of June. The majority of these states saw a major jump in their revenue figures. It’s great news for the various casino companies across the country.

New Jersey set a new monthly gambling revenue record this June. Combined GGR came out to $392.8 million last month. The land-based casinos in this state managed to bring in $214.5 million. $154.1 million was earned from slots and $60.4 came from table games.

Mississippi is known for having one of the largest casino industries in the Southern US. In June, the casinos here managed to bring in $147 million in total gross gaming revenue. That is a new monthly revenue record for the state.

Not every state’s casino industry saw such a large increase in gambling revenue. Massachusetts and Louisiana both ended up seeing revenue drops last month. Most analysts expect things to turn around in these states in July, though.

Georgia is one of the few states without any legal casinos. It now appears that there is another major push to finally allow Class III gambling venues in this state. Here’s what we know about this situation.

More Gaming Companies Push to Legalize Casinos in Georgia

Gambling regulations vary widely across the country. Places like Nevada and New Jersey are known for their liberal take towards the gaming industry. Others states such as Georgia are known for their intense, restrictive laws towards all forms of gambling.

Casinos have been prohibited in Georgia for decades. Many residents and lawmakers here have complained about this fact. Allowing casino gambling, they argue, would help to bring the state an incredible amount of revenue every single month.

Reports surfaced this week claiming that a group of several companies is now pushing to legalize casinos in Georgia. Major gaming companies including Caesars Entertainment, Bally’s Corporation, Hard Rock International, and Wynn Resorts are all pushing for this change. These companies (and others) have formed their own lobbying group in an attempt to change the state’s gambling laws in 2022.

This is likely the most intense effort to allow casinos in Georgia to date. The group claims that revenue from legal casinos would help to revive the HOPE Scholarship Program in the state, as well as bring money to various other education projects. Atlanta commercial real estate executive Rick Lackey spoke about a possible vote on this issue to the media this week.

“It would be a vote against $5 billion in brick-and-mortar construction and 50,000 new jobs in Georgia,” Lackey said. 

Gambling fans in Georgia are likely happy to hear about this new effort to allow casinos. There will be major pushback, though. Georgia is home to a huge number of anti-gambling groups that are expected form their own counter-lobbying effort.

There is a chance that gambling laws in Georgia will change in the future. Could sports betting become legal in Georgia at some point soon, too?

When Will Georgia Legalize Sports Gambling?

The US sports gambling industry has been expanding rapidly over the past few years. More than half the states across the country have a legal sports betting industry up and running. Most of these states are earning a huge amount of revenue, as a result.

Most of the lawmakers in Georgia have shown little interest in getting sports gambling up and running. It’s a shame when considering how many sports fans are living here. Most analysts believe Georgia could develop one of the most profitable sports gambling industries in the country.

The same group pushing to legalize casinos in Georgia is also working hard to allow sports betting in this state. Several of the major sports franchises in Atlanta may show support for this move. These franchises likely recognize their own potential for revenue earnings with legal sports betting available.

One mobile sports betting bill made it all the way through the Senate in Georgia this year. Unfortunately, it failed to progress any further. Some believe that 2022 is the year this form of gambling finally becomes available in Georgia.

It seems there could be some major changes taking place here. Several powerful companies are working hard to allow gambling in the state. We’ll be sure to offer updates on this situation over the next few months!

Do you think this group will manage to legalize casinos in Georgia? Let us know in the comments section below!

Las Vegas Sands has Donated Millions to Florida Political Body

Las Vegas Sands

Las Vegas Sands has been working hard to expand over the past few years. This major US gaming company now seems focused on entering Florida’s market. Reports have confirmed that Las Vegas Sands has donated millions to one of Florida’s political committees in another effort to break into the state.

LVS is hoping this helps them secure a move into Florida’s growing casino industry. The company may also benefit from the expected legalization of sports betting here. Now is a great time to look at what exactly is happening with this situation.

Let’s get into it!

Las Vegas Sands Continues to Focus on Expansion

The past couple of years have been difficult for Las Vegas Sands. The company immediately saw its revenue figures plummet after the US land-based casino industry shut down. The closure of all casinos in Las Vegas, in particular, proved devastating for this company.

It took months for the casinos across Nevada to reopen. Most casinos in Las Vegas reopened in June, yet tourism figures in the city remained extremely low. To make things worse, Las Vegas Sands founder Sheldon Adelson passed away last year amid the company’s struggles.

Las Vegas Sands operates a huge number of popular casinos across Asia. Like the US, most casinos across Asia were forced to shut down for months throughout 2020. It appeared, for a time, that the Asian casino industry was recovering faster than the US industry.

This didn’t make it past the officials within LVS. To the surprise of many analysts, officials within this company sold several of their biggest and most profitable US casino-resorts to focus more on operations in Asia. That includes The Venetian Casino-Resort located on the Las Vegas Strip.

This hasn’t exactly gone as planned. The tourism situation in Macau has been slower to recover than many anticipated. This is due largely to Mainland China’s constantly changing travel restrictions to and from the territory of Macau.

It now seems that Las Vegas Sands is beginning to focus more on US expansion once again. Will this company soon break into the emerging Florida casino market?

Reports Confirm Las Vegas Sands has Donated Millions in Florida Recently

Florida was once seen as one of the more anti-gambling states in the country. Things have changed lately, however, and there are now some truly world-class gambling venues operating here. These venues are all tribal-run, and no commercial casinos have been given permission to operate within the state.

Las Vegas Sands wants to see this change. The company has been taking a close look at breaking into Florida’s gaming industry for years. It’s not a surprise, as LVS has also been working to break into other Southern states like Texas.

New reports from the Las Vegas Review-Journal have surfaced this week claiming Las Vegas Sands has donated an astounding $17 million to a major Florida political committee called Florida Voters in Charge. This comes in an attempt for the company to secure a spot on the voting ballots. Essentially, LVS wants to gain public permission to open a casino-resort here.

Not long ago, Florida Governor Ron DeSantis approved a new measure that further restricts gambling in the state to the Seminole Tribe. LVS is working to change this law already. Donating to this political committee seems to be their primary strategy to accomplish that goal.

There is clearly a lot happening with Florida’s gaming industry. Several major commercial gaming companies have expressed interest in operating here recently. Unless something changes with the Seminole Tribe, however, that seems unlikely to happen.

Many are also looking forward to Florida’s legalization of sports betting. It appears that many companies are now focused on launching sports gambling operations here.

More Companies Push Florida to Legalize Sports Betting

The US sports gambling industry has been expanding rapidly since 2018. Today, more than 30 states across the country have approved measures to get this form of gambling regulated. Most of these states are earning a huge amount of revenue, as a result.

New reports have also surfaced this week claiming several of the country’s top sports betting companies have been investing into Florida in an attempt to get sports gambling legal. That includes DraftKings and FanDuel.

These sports gambling operators are supporting a new constitutional amendment that would formally allow Florida to legalize sports betting. They donated this money to the Florida Education Champions political committee, which is pushing for sports gambling to become commercially available in the state. If approved, the amendment could unravel the recent deal struck between DeSantis and the Seminole Tribe.

“Thank you to DraftKings and FanDuel for stepping up to the plate in an incredible way to kick off our amendment process that stands to help all Floridians. Our amendment will direct hundreds of millions of additional dollars toward Florida’s Educational Enhancement Trust Fund and open up the market for online sports betting to competition,” said David Johnson, chairman of this political committee. 

Florida is home to some of the most passionate sporting fans in the country. It seems likely that a huge amount of tax revenue will come from the commercial legalization of sports gambling here. Stay tuned for updates over the next few months!

Are you surprised to hear that Las Vegas Sands has donated so much into Florida? Will this company ever open a casino in this state? Let us know in the comments section below.

More Information On the Hollywood Casino York is Coming Out!

Hollywood Casino York

Pennsylvania is quickly developing one of the largest gambling industries in the United States. New, exciting casinos are set to open here over the next few years. Reports have surfaced today that offered new information on the opening date of the Hollywood Casino York!

Casino fans have been excited to see this property get up and running. These fans will not have to wait much longer to visit this exciting new venue. Now is a great time to talk about when this property will open to guests.

Here’s what we know!

Pennsylvania’s Casinos Continue to Bring in High Revenue Figures

The East Coast is home to a huge number of major gambling destinations. Most think of Atlantic City, yet other nearby states are also developing a massive gambling industry. That includes Pennsylvania, which has some of the best gambling options of any state in the country.

Here, both online and land-based casinos are legal and regulated. These casino operations are helping to bring the state a huge amount of tax revenue each month. That was certainly apparant this past May.

Total Gross Gaming Revenue in Pennsylvania during the month of May came out to $413,182,161. That is a new record; surpassing the $403.1 million earned in April. Certain gambling operations here managed to bring in more revenue than others.

Online slots in Pennsylvania brought in $67.2 million last May. Slots and table games inside land-based casinos brought in $278.6 million in total revenue. Video game terminals available in certain areas of the state managed to bring in a respectable $3.6 million.

It’s exciting to see these revenue figures grow as 2021 goes on. Sports gambling is also available and continues to bring in a massive amount of money. Most analysts expect to see these revenue figures increase throughout the rest of the year.

More casinos continue to open their doors in this state. Here is a quick look at the upcoming opening of the Hollywood Casino York!

The Opening Date of the Hollywood Casino York Has Finally Been Revealed

Pennsylvania is far from the only state working to expand its gambling industry. Many areas of the country are focused on increasing their number of casinos. More gambling venues, lawmakers are arguing, will help to boost tax revenue.

There are several new casinos set to open in Pennsylvania over the next couple of years. It now appears that one new casino will open to the public here this summer! New reports have just surfaced claiming the opening date of the Hollywood Casino York is officially set for August 12.

Ruben Warren, vice president and general manager for Hollywood Casino York sent a press release this week, expressing his excitement at this property’s opening.

“The countdown to our grand opening begins today,” Warren said. “We’re very excited to soon welcome patrons to this beautiful new property, where they’ll be able to experience premier gaming, dining and entertainment.”

This property cost an impressive $120 million to construct. It’s owned by Penn National, one of the fastest-growing gaming companies in the country. The casino will feature 500 slots, 24 table games, and the first Barstool Sports-run sportsbook in the state.

Many feel this will be the best new casino in Pennsylvania. A huge number of individuals in the Springettsbury Township are expected to attend its grand opening. We’ll be sure to offer more information on the Hollywood Casino York after it opens to the public.

Sports gambling in Pennsylvania is more popular right now than ever before. Let’s take a quick look at how the sports betting companies here are faring right now.

Sports Gambling Revenue in Pennsylvania Continues to Fluctuate

Pennsylvania was the seventh state to formally legalize sports betting. The first sportsbooks launched here in November of 2018. The sportsbooks here have grown extremely popular and continue to bring in a huge amount of revenue each month.

This past May, reports surfaced claiming Pennsylvania’s sports betting revenue increased compared to April. The online and land-based sportsbooks here brought in $37.4 million that month. That is a solid increase from the $36 million in revenue earned last April.

When compared to 2020’s numbers, the sports gambling revenue situation here looks phenomenal. Of course, many of the country’s sports leagues were still shut down in June of 2020. Sports betting revenue was notably low throughout the middle of the year.

Pennsylvania is now developing one of the most profitable sports betting industries in the United States. New Jersey remains the king, for now. Illinois is second in terms of total sports betting revenue. Based on the current trend, however, it wouldn’t be a shock to see PA’s sports gambling industry take the top spot in the future.

The casino industry here continues to grow, as well. More gaming venues will open their doors here as the year goes on. Stay tuned for updates on the growing casino and sports gambling industry here as 2021 goes on.

Are you excited about the opening of the Hollywood Casino York? Let us know in the comments section below.

Another Casino in Phoenix Will Open its Doors in the Next Few Years

Phoenix AZ

Arizona is home to one of the largest casino industries in the Western United States. Incredibly, this industry continues to expand on a regular basis. New reports indicate that a new casino in Phoenix will be opening its doors sometime over the next two years.

Casino fans in the area have reason to be excited. Today, we’ll discuss the details of this new gambling venue. We will also take a look at how Arizona’s gambling industry has been faring throughout 2021.

Here’s what you need to know!

More States Have Recently Welcomed Incredible New Casinos

Regulated casino gambling has been available in the United States for decades. There was a time when only Las Vegas was considered a true gaming hub. That is no longer the case and a huge number of states are now home to a huge number of world-class casinos.

Several states have recently welcomed impressive new gambling properties. Many leaders recognize how effective these venues can be at attracting tourism. They also tend to generate a massive amount of tax revenue for different areas of the country.

Perhaps the most obvious example of this is Las Vegas, which recently welcomed the brand-new Resorts World Las Vegas. At $4.3 billion, this is the most expensive resort ever built in the city. It held a grand opening on June 24 and reports claim this was a major success with thousands of guests attending the opening ceremony.

Atlantic City has also welcomed an exciting new property in 2018 when the Ocean Casino-Resort took the place of the former Revel Resort. Initially, this venue struggled to generate much interest from tourists. Things have turned around in recent years, however, and this property is now the third-most successful venue in the city.

The US casino industry has turned around in a massive way when compared to 2020. There was a time when all major casinos were closed around the country. Most states have now lifted nearly all of the restrictions set on this venue in early last year.

Arizona continues to expand its own casino industry. It’s here that a massive number of popular tribal casinos are located. New reports indicate a brand new casino will soon be opening its doors in the Phoenix area of the state.

Sources Confirm That a New Casino in Phoenix Will Open Soon

The state of Arizona is known for having a large and successful gaming industry. Recently, lawmakers here approved a new set of measures to expand the list of gaming options available here. That took place in April when Governor Ducey approved a new compact that allows both sports betting and additional casinos.

This new compact allows tribal groups in the state to operate thousands of new casinos and four news casinos. That includes two in the Phoenix area. New reports have surfaced this week that another casino in Phoenix will open its doors sometime in the next one or two years.

The new casino in Phoenix will be run by the Gila River Indian Community and will be given permission to offer all of the news games approved in the recent contract. This gaming venue will also be allowed to offer its guests sports betting. It is expected to cost more than $100 million and will also include a hotel.

Gila River Indian Community Governor Stephen Roe Lewis released a statement on this new property to the media this week.

“Adding a 4th casino will bring additional revenue, security, and critical services to Community members. In addition, we anticipate being able to add hundreds of new jobs that Community members can take advantage of, and we expect that many of those will be filled by Community members,” Roe said. 

This property will open its doors near Chandler. Once opened, it should be able to employ over 1,000 individuals. Many believe this venue will help to significantly boost tourism rates in the Phoenix area. We’ll be sure to offer more updates on this property over the next few years!

Arizona’s Sports Betting Industry is Expected to Go Live This September

The US sports betting industry began to expand significantly after May of 2018 when the US Supreme Court decided to strike down PASPA. This proved to be a massive deal for the country’s entire gambling industry. More than 30 states across the country now have a regulated sports betting industry set in place.

Lawmakers in Arizona have been working hard to legalize sports betting for many years. It hasn’t been easy, though. Lawmakers have been forced to come up with an agreement with various tribal groups in the state who hold a monopoly over the gaming industry.

As mentioned earlier, Governor Ducey agreed to a new gaming compact in April that formally approved sports betting in the state. Of course, getting any sportsbooks operational here has proven extremely difficult. Lawmakers still need to come up with specific agreements with these tribal groups to launch sports gambling.

There seems to be some real progress being made, though. The current plan is for the state’s first sportsbooks to launch on September 9 of 2021. The Arizona Department of Gaming has released a set of guidelines to get things moving and recently wrapped up its public comments section to hear what local residents have to say about the industry.

There is clearly a lot happening here with Arizona’s entire gambling industry. Sports betting should become available here within a few months. If all goes according to plan, a new casino in Phoenix will open its doors within a year or two, as well.

Are you excited to hear about the new casino opening up near Chandler? Let us know in the comments section below!

Gaming Revenue in Pennsylvania Surged This May

Hollywood Casino Pennsylvania

Pennsylvania is home to a large and successful gaming industry. The past year has taken a serious toll on the casinos based here, though. To the surprise of some analysts, gaming revenue in Pennsylvania surged during the month of May.

There are a huge number of casinos spread around this state. It appears these properties are now seeing a major surge of tourism and revenue. Today, we’ll talk about what is leading to this new surge of earnings.

Let’s get into it!

East Coast Gaming Hubs See Increases in Gaming Revenue

The East Coast is home to some of the biggest and most successful gambling properties in the country. Places like Atlantic City are well-known for offering a huge range of different gambling options. This city is home to a huge number of popular casino-resorts.

New Jersey was one of the first states to legalize and regulate sports betting after PASPA was struck down. Today, there are a huge number of popular sportsbooks operating here. Residents also have the option to bet on their favorite sports online.

New York pushed against expanding its gambling industry for many years. Eventually, lawmakers here passed a bill to allow commercial casinos to operate in the Upstate area. The push to allow a commercial casinos in New York City has been going on for years. Land-based sportsbooks are also operating in this state.

What is less-known is how many incredible wagering options are available in Pennsylvania, as well. This state is home to many popular casinos. Like New Jersey, the state of Pennsylvania also allows both land-based and online sports gambling.

Gambling revenue has been steadily increasing throughout the East Coast in 2021. All of the above gaming hubs are seeing consistent increases in their casino and sports betting revenue figures. Some seem to be faring slightly better than others.

Pennsylvania seems to be benefiting from a lifting of many casino restrictions. We’re now hearing how much money the state’s gaming industry managed to bring in this past May!

Here’s a Look at Gaming Revenue in Pennsylvania Earned This May

Pennsylvania has established itself as one of the biggest casino hubs in the country over the past decade. Throughout 2020, the gambling properties here struggled due to the shutdowns and subsequent implementation of intense health regulations. Things are rapidly improving in 2021, though.

Today, Pennsylvania’s casinos are operating without almost any of the restrictions set in place last year. This has helped these gambling venues bring in a surge of visitors. It is also clearly resulting in major increases in revenue for these casinos.

This week, the State Gaming Control Board released a report detailing the earnings of different casinos around the state. This report revealed that gaming revenue in Pennsylvania ended up being $9 million more than the month prior. It’s a huge accomplishment and proves that the land-based casino industry here is rapidly improving.

Combined gaming revenue came out to $413 million last month. That represents a staggering 42% increase when compared to May of 2019. The Hollywood Casino at Penn National in Dauphin County managed to bring in the most money last month at $62.9 million.

Online casino gambling seems to be growing more popular in this state. Pennsylvania is one of the few states to regulate internet casinos. Overall, this form of gambling brought in more revenue than any other month this year.

It seems likely that this trend of increasing gambling revenue figures will continue throughout 2021. Pennsylvania is now home to one of the hottest gaming markets in the entire country.

Las Vegas Continues to See an Increase in Tourism

The city of Las Vegas remains the country’s biggest gambling hub. It’s here that some of the most impressive casino-resort ever built are located. The majority of these world-class properties are located on the Las Vegas Strip.

On June 24, Resorts World Las Vegas is set to hold its grand opening in the northern area of the Las Vegas Strip. This property cost an astounding $4.3 billion to construct. That makes it the most expensive resort property ever built in the city.

Many analysts expect this property to help to further boost tourism into the city. Many gambling fans around the country are eager to see what such a high price tag can generate. The owners of this new casino-resort are promising something truly special for guests.

More details on Resorts World LV continue to come out ahead of opening day. This week, for example, news broke that this venue will operate with a completely unique cashless wagering system. Hope is that this encourages other casinos in the city to go cashless, as well.

Fourth of July weekend is just around the corner and casinos in Las Vegas are already preparing for a major surge of visitors. Many of the casinos in the city have already announced huge musical acts over the holiday weekend. That includes Resorts World Las Vegas, set to host Miley Cyrus at its Ayu Dayclub.

Gaming revenue in Pennsylvania increased once again in May. Do you think more revenue will be reported this June? Let us know in the comments section below.

Wyoming Gaming Commission Agrees on Modified Set of Rules For Sports Betting

Person Browsing a Sports Betting Site on a Tablet

The Wyoming Gaming Commission agreed on a modified set of rules that will establish the framework for the state’s online-only legal sports betting.

Said Wyoming Gaming Commission Executive Director Charles Moore:

“We appreciate the hard work everyone has put into this. We still are on track for the September 1 deadline.”

By approving the rules, the Commission is staying on track of the deadline and it is likely that Wyoming sports betting will be up and running for the start of the 2021 NFL season. However, there are still hurdles to overcome.

Second Online-Only Sports Betting State

The rules must now be sent to Gov. Gordon for review, which will be done on Friday. The public will also have a 45-day window to make their comments. Once everything is in order, it could take a couple of months to get Wyoming sports betting up and running.

Moore was non-committal to a question on when the commission will start accepting licence applications. Once it launches, Wyoming will only be the second online-only legal sports betting state after Tennessee.

Launching Before the Broncos’ First Game

Representatives initially voted down HB 133 but they later reconsidered it and passed the bill 32-4 one day later on March 10, 2021. The Wyoming senate then approved the legal measure 24-5 on March 29th while Governor Gordon signed the bill into a law last April 15, 2021.

During the legislative process, the Wyoming Gaming Commission agreed to finish crafting the regulatory framework for Wyoming sports betting by September 1st, with the intention of launching by the time the Denver Broncos play their first game of the 2021 NFL season on September 12th.

Wyoming Sports Betting

The main difference between Wyoming sports betting and most states that have legalized sports wagering is the minimum age for bettors in the Cowboy State which is 18 years old. Otherwise, Wyoming sports betting is largely based on the legislation passed last year in Colorado.

The Wyoming Gaming Commission shall not issue less than five sports betting operator permits. Only gambling companies with an existing presence in at least three other states are allowed to operate Wyoming sports betting. Operators will pay an initial $100,000 fee for a five-year online only sports betting license. Renewal fee is at $50,000 while the state will collect a 10% tax on Wyoming sports betting revenues.

How is the Gaming Industry in PA Faring Right Now?

Parx Casino Pennsylvania

The state of Pennsylvania is home to a large, successful gambling industry. Since 2020, gaming operators in the state have been working hard to boost their revenue figures. Now is the perfect time to break down exactly how the gaming industry in PA is faring right now.

There has been some real progress made here over the past six months. The casino industry, in particular, seems to be improving at a rapid pace.

Here’s what you need to know!

Pennsylvania’s Casino Industry Fared Better Than Other States in 2020

As most are aware, 2020 ended up being the worst year in history for the country’s land-based casino industry. For months, all commercial casinos were forced to shut down. Intense health and travel restrictions remained in place throughout the year, leading to a major decrease in casino visits.

Some casino markets were affected more than others. Over in Las Vegas, things turned dire extremely quickly. This city relies heavily on its tourism industry. When the casinos in Las Vegas shut down, tourism came to a screeching halt.

Atlantic City was heavily impacted, as well. The East Coast’s gambling hub was essentially shut down between March and June of 2020. A huge number of job losses quickly followed and gambling revenue remained low throughout the year.

Pennsylvania seemed to fare better than many other states. Overall, the state’s gambling revenue fell by 31% from 2019 to 2020. That is significantly less than many of the other nearby states including New Jersey.

Regulated online gambling options helped Pennsylvania make up for much of the lost land-based revenue. Pennsylvania allows both online casino gambling and sports betting. With many residents stuck at home, these internet gaming options surged in popularity.

Many are now asking how Pennsylvania’s gaming industry is faring thus far in 2021. Here’s a quick update on this situation!

The Gaming Industry in PA Continues to Improve Throughout 2021

There are a huge number of popular casinos spread throughout Pennsylvania. Throughout the first-half of 2021, these venues have seen their visitation and revenue figures increase. It’s fantastic news for the gambling operators here.

This past April, combined gross gaming revenue in the state came out to $404,105,692. That broke the record set just one month prior. Many expect that May’s revenue figures will once again set a new record for the state.

The Parx Casino saw the biggest revenue increase in April. Incredibly, this state managed to bring in $62,944,591. That is a massive increase from the $4,307,273 brought in during April of 2020. This venue in Bensalem remains the most popular gambling establishment in the state.

The Hollywood Casino at Penn National came in second with a combined $53,530,883 in GGR this April. In third place is the Rivers Casino Philadelphia at $49,057,486. The lowest-earner of April was the Hollywood Casino Morgantown at just $1,139,054.

It’s clear that a growing number of PA residents are choosing to play inside casinos. Pennsylvania’s casinos may also be attracting visitors from neighboring states. Hope is that this trend continues for the rest of the year.

The casinos in Pennsylvania certainly have reason to celebrate. Recent reports also indicate the sports betting companies here are seeing a major increase in revenue lately.

PA’s Sports Betting Industry is Still One of the Country’s Strongest

The US Supreme Court struck down PASPA back in May of 2018. This decision proved to be monumental for the country’s gambling industry. PASPA’s removal immediately gave every state the ability to legalize and regulate sports betting.

It didn’t take long for Pennsylvania to embrace this industry. Today, both land-based and online sportsbooks are available here. Sports betting revenue has been steadily increasing in the state since these sportsbooks launched.

This past April, sports betting handle and revenue decreased for the first time in months. Most feel the end of the college basketball season led to this revenue decrease. When compared to 2020, however, Apri’s revenue saw a staggering 941.8% increase.

Analysts expect May’s sports betting revenue figures to increase significantly thanks to the NBA season. A handful of major MMA events could also contribute to a better month. We’ll be sure to report on the numbers here as soon as they are released.

Overall, the gaming industry in PA is going strong right now. 2020 was an extremely difficult year for the gambling companies here. Things are bouncing back in a big way and 2021 may end up being the best overall year in history for the casinos and sports betting operators throughout the state.

Are you surprised to see casino revenue in Pennsylvania bounce back so quickly? Let us know in the comments section below.