Chile casino revenue up by 3% in August

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Chicago Tribune

January gambling revenues up at Bally's but down statewide

The new year is off to a promising start for Bally's Chicago, which saw gambling revenue hit a new monthly high in January, bucking a broader post-holiday downturn for Illinois casinos. In January, revenue at the temporary Medinah Temple casino grew 9.1% to $9.3 million in adjusted gross receipts, according to monthly data released Wednesday by the…

Finance ・ 08 February 2024

Gaming Intelligence

Ohio casino revenue down by 2% in August

Land-based gaming revenue at Ohio's four casinos declined by 2 per cent to $82.4 million in August, caused by a fall in table gaming win. Revenue from tables games decreased by 12 per cent to $22.3 million on wagers of $98.4 million. All four Ohio casinos reported year-on-year declines in table revenue, with the Hard Rock Cincinnati showing the…

Finance ・ 06 October 2023

Gaming Intelligence

Chile casino revenue increases by 1% in July

Chile's land-based casinos reported a 1 per cent increase in revenue to CLP47.8 billion (€50.1 million) in July. Dreams' Monticello casino earned the highest revenue at CLP9.9 billion, more than the combined revenue of the second and third placed casinos. Enjoy's Vina del Mar had gaming revenue of CLP4.7 billion and Marina del Sol Talcahuano…

Finance ・ 27 September 2023

Asgam

Genting Berhad seen lifting earnings in 2H23 on higher visitation to Singapore, Las Vegas casinos

Malaysia gaming giant Genting Berhad should enjoy improved sequential earnings in the second half of 2023 as visitation to its casinos in Singapore and Las Vegas improves on seasonality and major events, according to Maybank Investment Bank. In a note, Maybank analyst Samuel Yin Shao Yang said earnings should improve for the Genting group after…

Land-based ・ 28 August 2023

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Review Journal

Las Vegas tourists getting younger as industry looks to adapt

There's no question that the average visitor to Las Vegas has changed over the years. Even without the Las Vegas Convention and Visitors Authority's recently released 2022 Las Vegas Visitor Profile Study, it's clear the typical tourist is skewing younger and is more ethnically diverse. The entertainment options in the city include more performers…

Travel ・ 26 March 2023

96.3 KKLZ

2022 Good Year For Las Vegas Casinos

Tourism up. Gaming up. Conventions up. Reports are showing that 2022 was a good year for Las Vegas casinos. According to an article written by Ken Ritter for The Associated Press, and posted on TulsaWorld.com, the Las Vegas Convention and Visitors Authority is reporting a 20% increase in the number of visitors to our city from 2021 to 2022. In…

Land-based ・ 01 February 2023

Nevada Appeal

Nevada casinos close out 2022 with record gaming revenue figures

Nevada's casino industry set annual gaming revenue records statewide and on the Strip when November's figures were counted. December's response? "Not so fast." Fueled by a single-month record for the Strip in December, Nevada finished 2022 with more than $14.8 billion in gaming revenue, blowing past 2021's $13.4 billion by 10.5 percent, the state's…

Finance ・ 01 February 2023

Gambling News

Chile Casino Executives’ Homes Raided Amidst Suspected Collusion

Chile's gaming industry scenery is not looking as bright as it could be and industry moves aren't hitting their stride as some might have expected, so a closer look at the future doesn't inspire too much confidence - not for the industry, and not for investors. Diario Financiero (DF) reported on August 10 that the homes of top executives from the…

Incidents ・ 12 August 2022

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Casino News Daily

US Commercial Gambling Revenues

On Tuesday the American Gaming Association (AGA) updated its Commercial Gaming Revenue Tracker with the latest numbers which covered February. The month showed continued growth for 2022 and actually set a record for the highest-grossing month 2 on record. Sustained growth in sports betting and iGaming along with continued growth in slots revenues…

Finance ・ 11 April 2022

Vegas Slots Online

Why Are Macau Casinos Struggling in Pandemic Recovery?

Commenting in August 2020, analysts from investment bank JP Morgan predicted that the Macau gambling market would begin its road to recovery from the COVID-19 pandemic in mid-August that year. They estimated that casinos would recuperate 2019 levels of gross gaming revenue (GGR) by Q32021, pointing to the easing of travel restrictions and an…

Covid ・ 03 April 2022

8 News Now

$1 billion gaming win streak extends to 12 months statewide; Strip win way up

LAS VEGAS (KLAS) - With a $1.113 billion gaming win in February, Nevada has now exceeded $1 billion every month for the past year. And tourism numbers from the Las Vegas Convention and Visitors Authority (LVCVA) show that resorts have returned to healthy bookings, with average room rates climbing to $149.52 per night. That's 15% more than hotels…

Covid ・ 30 March 2022

iGaming Business

Chile reports record gaming revenue in October

This is the highest tax contribution since 2008, thanks to casinos generating gross gaming revenue (GGR) of CLP$54.9bn throughout the month. All 26 of Chile's casinos were in operation throughout October, with a total of 551840 visits from patrons. This was the first month that all 26 casinos operated since the beginning of the novel coronavirus…

Finance ・ 19 February 2022

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Vegas Slots Online

Macau Monthly Casino Revenue Fell to Year Low in October

Macau's monthly gross gaming revenue hit a record low for 2021 in October as the region continued to deal with the impact of COVID-19 restrictions. Gross gaming revenue fell almost 29% month-on-month to around MOP4.37bn ($544.7m). a 40% year-on-year drop in October revenue Figures released by the Macau Gaming Inspection and Coordination Bureau on…

Finance ・ 01 November 2021

8 News Now

Casino win tops $1.1 billion in September even as fewer visitors come to Las Vegas

LAS VEGAS (KLAS) - Another strong month at Nevada casinos produced a gaming win of $1.1 billion, the sixth straight month of billion-dollar wins as the economic recovery revs its engine. Clark County alone reported a win of over $1 billion in September, totaling $1005184833. The gaming win - the amount casinos take from gamblers - produces tax…

Land-based ・ 27 October 2021

Forbes

Nevada On Six-Month Hot Streak With $1 Billion-Plus In Gambling Revenue

Las Vegas' luck has not yet run out. Nevada collected $625.7 million in gambling revenue from casinos on the Las Vegas Strip in August, which is up 20% from pre-pandemic levels in August 2019, according to numbers released Thursday by the Nevada Gaming Control Board. Sin City's revenue increase over the same month in 2019 is another sign that Vegas…

Finance ・ 04 October 2021

Travel Daily News

Is Las Vegas returning to normal post-pandemic?

A report from the U.S. Travel Association estimated that the travel industry lost $1.1 trillion in 2020 due to COVID-19. Restrictions were in place across the country, including Las Vegas, which relies upon millions of visitors a year to fill up the casinos and hotels. Yes, there was the option for people to gamble online and there are some…

Covid ・ 22 September 2021

Gaming Intelligence

MGM Grand dominates Michigan commercial casino market in August

Michigan's three commercial casinos in Detroit have reported total aggregate revenue of $113.8m for the month of August. Retail betting and gaming revenue rose by 62 per cent year-on-year, but fell by 3 per cent compared to the previous month, with table games and slots revenue amounting to $112.2m and retail sports betting revenue of $1.6m. Table…

Industry ・ 15 September 2021

Mint

Covid-19 has China’s gambling hub on a long losing streak

Business remains muted in the once-bustling casinos of Macau more than a year and a half into the Covid-19 pandemic, while gambling operators wait for tourists to return en masse to the Chinese city. In August, gross gambling revenue in Macau slumped to the equivalent of $554 million, its lowest monthly total this year and a far cry from the $3…

Covid ・ 01 September 2021

Forbes

Las Vegas Breaks Record In July With $794 Million In Gambling Revenue

I t was a very good July for Las Vegas. Nevada collected $794 million in gambling revenue from casinos on The Strip last month, the highest all-time win total for the state, according to revenue numbers published by the Nevada Gaming Control Board. July posted a 46% increase compared to pre-pandemic revenue in July 2019. Statewide, gaming revenue…

Finance ・ 27 August 2021

Best US Casinos

Here's What We Know About the Latest Las Vegas Slot Jackpot

Las Vegas continues to see a spike in tourism and gambling revenue. As more people from around the country make the journey to this city, more individuals are cashing out in its various casinos. New reports claim that another massive Las Vegas slot jackpot was hit last weekend. It's always exciting to hear about these massive slot wins. Now is a…

Winnings ・ 14 July 2021

GGRAsia

Macau casino GGR falls 79pct in full year 2020: govt

Macau's casino gross gaming revenue (GGR) shrank 79.3 percent year-on-year in calendar year 2020, amid the disruption to travel and the economy caused by the Covid-19 pandemic. The data was released on Friday by the local regulator, the Gaming Inspection and Coordination Bureau, a body also known as DICJ. Calendar-year GGR was approximately…

Covid ・ 20 June 2021

iGaming Business

Holland Casino records €58.8m loss in 2020

After opening its 14 venues for just 71 days in the year without any restrictions related to the novel coronavirus (Covid-19) pandemic, visitor numbers were down 60.0% year-on-year to 2.5 million. The average spend per visit increased by 13.7% however, from €117 in 2019 to €133, which Holland Casino said was due to a "different visitor mix". The…

Covid ・ 09 May 2021

Vegas Slots Online

Macau Casinos See First GGR Rise Since September 2019

After a difficult 2020 impacted by the effects of the COVID-19 pandemic, Macau casinos saw gross gaming revenue (GGR) increase for the first time since 2019 last month. Macau gaming revenue totaled MOP 7.31bn ($915.3m) for the month of February According to data released by Macau's Gaming Inspection and Coordination Bureau (DICJ), Macau gaming…

New Year ・ 31 July 2021

The Nevada Independent

Southern Nevada casinos fuel Nevada to a record-breaking February

Depending on where you look, February was either another stellar month for Nevada gaming revenue or the second consecutive monthly decline in casino revenue totals. Statewide, Nevada casinos collected nearly $1.24 billion in gaming revenue during February, the highest figure ever recorded for the month, the Gaming Control Board said Tuesday. The…

Finance ・ 30 March 2023

The Nevada Independent

September gaming revenue steers Nevada casinos toward another record-breaking year

Nine months are in the books for 2022, and Nevada casinos are far ahead of last year's record gaming revenue total. Analysts say the state's gaming industry is on track to shatter 2021's single-year total of $13.4 billion in revenue before December, especially if Las Vegas Strip resorts continue to experience the positive business trends seen in…

Land-based ・ 27 October 2022