Hollywood Casino York is celebrating its first anniversary this weekend. It took in $77 million in the past year from slot play. The Grant Bryan Band will play on Friday and Saturday. There will be a brunch buffet on Sunday. The casino plans to add 70 more slot games by late September. According to state data, it took $58.6 million in slot revenue through June 30 since its opening last summer. Its majority of revenue came from slots. MyChoice Card holders can get the buffet for $19.99. They can also get a champagne bar.
Bally's plans to redevelop Tropicana on the south-Strip are not likely to be realized until 2023. The team is considering two sites in the resort corridor for a new ballpark. Bally’s purchase of Tropicaana still needs approval by Nevada gaming regulators. The matter is not scheduled to come up on this month”s agenda. A's want to build a $1 billion waterfront ballpark in Oakland to replace the 57-year-old RingCentral Coliseum. They are also considering a 27-acre parcel behind Planet Hollywood and Paris Las Vegas.
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Evolution goes live on Ontario's iGaming debut with operators including 888, BetMGM, RSI, theScore Bet
Evolution goes live on Ontario's iGaming debut with operators including 888, BetMGM, RSI, theScore Bet. The province's new, regulated online gaming market launched on Monday, April 4. Evolution is powering online casino services in Ontario for operators such as 868, LeoVegas, Rush Street Interactive and the Score Bet, a wholly-owned subsidiary of Penn National Gaming. It will initially include the full Evolution portfolio of online live casino games, game shows, First Person table games and game Shows, as well as NetEnt and Red Tiger online slots.
The global Casinos market size was valued at $545645.2 million in 2021 and is expected to expand at a CAGR of 5.79% during the forecast period, reaching $764861.32 million by 2027. Casino is a tourist attraction and indoor amusement zone.
Internet Vikings has launched its iGaming hosting operations in Iowa. MegaFans has announced that its Summer Extravaganza Tournament will have a $100,000 prize pool. Pragmatic Play has strengthened its position in Buenos Aires City, Argentina following the approval of its Live Casino content. IGT has signed an agreement to deliver engaging iLottery content through its high-performing remote gaming server to the Michigan Lottery. SciPlay Corporation has a summer-long social media and advertising campaign for the top-ranked casino game Jackpot Party starring actress and entrepreneur Sofia Vergara.
It took new casinos to set a new record for Pennsylvania's slot machines and table games revenue. The state's casinos generated $3.43 billion from slot machine and tables games in the last year. Online casinos and sports betting have boosted the industry. Traditional casinos have been operating since 2006. They employ nearly 15,000 people. They made a record $5.04 billion in revenue in last 12 months.
The Pennsylvania Gaming Control Board will hear arguments on the pending license for a mini-casino near State College at its October 19, 2022 meeting. The Cordish Companies has a lawsuit pending in Commonwealth Court over its claim that the gaming board improperly accepted the Category 4 licensing bid from Ira Lubert on Sept. 2, 2020.
Cruise and Casino Stocks are the most volatile. The concept of beta measures a stock's volatility compared with the market as a whole. Equity-risk premium has soared 42% this year.
It's the first time revenue figures have eclipsed the $5 billion mark. The previous high for gaming revenue and tax revenue in a fiscal year was during 2020/2021. Table games revenue increased by a record amount. iGaming, Sports Wagering, iGambling and Video Gaming Terminal (VGT) markets also increased.
Plainridge Park Casino reported gross gaming revenue of nearly $11.97 million for June. That's up from May's $10.73 million and last year's revenue $ 11.31 million. The state's three casinos reported total revenue for the month of $93 million, up $91 million from the previous month. Encore Boston Harbor in Everett reported $60 million in June, and MGM Springfield reported $21.1 million
Station is closing Texas Station and the Fiestas. Station is building the large-scale $750 million Durango Hotel & Casino in southwest Las Vegas and a new tavern project in downtown Las Las Veg. Fiesta Rancho opened its doors in 1994 on 25.5 acres and cost $25 million. It employed 1,748 people. The company will demolish the buildings and keep the Pepsi Ice Arena. The buildings will be demolished and employees will move to other Station properties. They will also be transferred to the new properties if they choose to change. A minimal number of employees are still working at the three properties, most of them in security and building maintenance roles.
Acres: "Our new Cashless Casino app is a one size fits all solution that could work in any casino environment"
Acres Manufacturing Company has launched Cashless Casino app on Tuesday. It's a mobile app that allows operators to deploy a cashless gaming and loyalty solution within 15 weeks. Foundation CMS is capable of processing both real-time gaming data and conducting casheless transfers to and from slot machines or tables. Noah Acres hopes to be in a good position with cash-less technology within a few years.
Hollywood Casino at Penn National Race Course's poker room will not reopen after a March 2020 shutdown. The casino will hold a draw at the end of July to give away over $440,000 from its poker "bad beat" jackpot.
Macau casinos are shut down for a week. Wall Street analyst cut his price targets for U.S.-listed casino stocks with exposure to Macau.
The best interiors of land-based casinos with the £10 free no deposit UK casino bonus casinos are among the best in the world.
Hollywood Casino at Penn National Race Course announced on July 1 that the poker room will not reopen. The poker rooms at Pennsylvania casinos started reopening in June 2020 after COVID-19 shutdowns.
Greenwood Gaming and Kambi Group extend their sportsbook partnership. K Ambi provides leading technology for the operator. Greenwood owns and operates the largest casino gaming complex in Pennsylvania, ParxCasino, and the leading sportsbooks, betPARX. BetPARx is live in 17 US states and is expanding. Kamberi is looking to become the go-to sports betting partner for operators in North America. ParX Casino is famous in the state for being the #1 revenue-generating casino. The venue is located in Bensalem, Bucks County, 20 minutes north of Philadelphia's city center.
July 4th falls on a Monday this year, so there's a long weekend to enjoy the holiday. Pennsylvania casinos are filled with things to do for the July 4 th weekend.
Supreme Court ruling last week allows the Tigua Indians of El Paso to operate bingo at an El Paso entertainment center. It also benefits the Alabama-Coushatta tribe, which has been fighting with Texas officials over bingos on its reservation. Las Vegas Sands will work with the Legislature next year to put a casino referendum on the ballot in Texas. Last year, Texas lawmakers rejected a Las Las Sands-backed casino gaming proposal. WinStar World Casino and Resort is located in Thackerville, Oklahoma, on Interstate 35.
Pennsylvania casinos see revenue up 8% to $448M in May, led by Hollywood Casino at Penn National. The top five casinos are Parx Casino, Valley Forge Casino Resort, Wind Creek Bethlehem, Rivers Casino Philadelphia and Rivers. Sports betting is also performing well despite a slow summer season. The state industry has been reported as performing good despite the slow season, with revenue slightly down from the previous month’s results. According to Pennsylvania”s regulator, total tax revenue generated collectively through all forms of gaming was $181.6M during the month.
Wind Creek Casino in Bethlehem got Pennsylvania Gaming Control Board's approval last week to reduce the number of slot machines.
Sportsbook operators in Pennsylvania recorded a handle of $493.4 million in May. The gross gaming revenue was $47.8 million.
Pennsylvania's 18 iCasinos collected $113.3 million in May. It's the seventh month in a row that the state's online casino play has exceeded $100 million. In the first five months of 2022, the i Casinos have collected about $555.2 million from gamblers. The retail casinos generate a lot more revenue, but that total year-to-year is basically flat.
A woman left her 2-year-old and 11-month- old children in a cold car at Lady Luck Casino in Pennsylvania. The state's Gaming Control Board is trying to prevent similar incidents. More than 400 children were left in cars in the last 17 months in 16 Pennsylvania casinos. Casinos are installing infrared cameras and putting stern signs in parking lots. If a parent leaves their children alone in casinos, they could be arrested and banned from the casinos' property.
The Pennsylvania Gaming Control Board reports that the revenue generated from all forms of gaming and fantasy contests during May 2022 was $447,794,294.
Land-based gaming is the most popular form of gambling in Pennsylvania. The state's total market revenue was up from $413.2m in May 2021 to $462.7m this year. Sports betting revenue is up 26. 2% to $35.0m, but retail revenue here is just $2.8m. Valley Forge and FanDuel are the top sports betting providers in the state. Hollywood Casino at Penn National led the way in igaming with $45.5m and Rivers Casino Philadelphia on $26.9m while Valley forge took $21.6m from sports bets.
The potential growth difference for the casino gaming market between 2020 and 2025 is USD 50.03 billion. The report predicts the market to project an accelerating growth momentum at a CAGR of 4.85% during the projected period.
Global Casino Resorts Market 2022-2030 Key Players: Las Vegas Sands, Metro-Goldwyn-Mayer (MGM), Caesars Entertainment
Latest published market research report titled World Casino Resorts Market by Player, Region, Type, Application and Sales Channel, Forecast 2022-2030 is a meticulously planned activity. It accurately provides the data necessary for usage, as well as analytical methods of key players with developing strategies.
Pennsylvania is now the nation's leading iGaming state. It is consistently among the top five states for sports betting.
Choice Hotels has launched a new offer for two stays at Penn National Gaming Resorts between June 3 and July 16, 2022. Choice Privileges members earn 5,00 bonus points for staying twice and can earn an additional 8,000 points from the overlapping global bonus offers.
Emma Sauers and Ally Gray received $40,000 in Penn National Gaming Diversity Scholarships. Emma will continue her education at Northern Kentucky University. Ally will attend the University of Southern Indiana. Penn has awarded over $1 million in scholarships each of the last two years. Hollywood Casino Lawrenceburg features over 1,300 slot machines, table games, blackjack, roulette, craps and poker, a Barstool Sportsbook, four restaurants including Final Cut Steakhouse.
Five casinos in Southern Nevada are not going to reopen. The economic downturn is keeping the doors locked. Red Rock Resorts spends $2.1 million every three months to keep the properties operational. The Southern Nevadans produced a gaming revenue record of $1.17 billion in March. It is expected to be higher in the first four months of 2022. There are also concerns about the impact of inflation and high gas prices. For now, the three companies have written off any reopening plans. They are still required to pay state license fees and certain slot machine and table game taxes.
Inflation has caused a big rise in consumer prices. Wells Fargo analysts looked at what this means for casino companies. They found that Wynn has the wealthiest customers.
Casinos Market to Eyewitness Massive Growth by 2030: Caesars Entertainment, Galaxy Entertainment, Las Vegas Sands, MGM Resorts, SJM Holdings
JCMR recently announced a study on the Casinos industry. Caesars Entertainment, Galaxy Entertainment and Las Vegas Sands are the leading companies covered. The report will be revised to address Pre/Post COVID-19 effects on Casino industry and provide estimates for Casins Forecast till 2030.
BetMGM was named Casino Operator of the Year at the 2022 EGR North America Awards. It was cited for its "tremendous growth" and "world-class partnerships" with world-first in-house progressive jackpots.
Pennsylvania fines Hollywood Casino at Penn National and Wind Creek $27K for self-exclusion breaches
Wind Creek Bethlehem and Mountainview Thoroughbred Racing Association will pay $35,500 for violations. Underdog Sports will have to pay an $8,000 fine for operating fantasy contests without securing required licenses. The Pennsylvania Gaming Control Board reported an increase of 14% in gaming revenue in April compared to the same period in 2021. The state's casinos reached $461.6 million in revenue last month.
Pennsylvania's online casino industry is the highest-generating jurisdiction in the United States.
Wind Creek Bethlehem fined $20k for self-exclusion violation. The individual was able to play table games for four days before staff realized she was on the self exclusion list.
The Pennsylvania Gaming Control Board approved multiple fines surpassing $35,000. One provider of gaming services and two casinos were fined $ 35,500.
Online casinos offer bonuses to attract new customers. Hollywoodcasino.com offers a $10 bonus for signing up.
PA Casinos Fined for Allowing Excluded People to Gamble. Wind Creek Bethlehem casino has to pay $22,500 for allowing an excluded gambler to enter the property. The Pennsylvania Gaming Control Board announced the penalties on Wednesday.
Wind Creek Bethlehem has been fined $20,000 for allowing a person on the Pennsylvania Gaming Control Board's self-exclusion list to gamble for 4 days. The PGCB offers self exclusion programs to help people with problem gambling distance themselves from the temptation of gambling. Mountainview Thoroughbred Racing Association, Inc., operator of Hollywood Casino at Penn National Race Course in Dauphin County, was fined for a self exclusion violation. Underdog Sports, Ltd., was also fined.
Christine F. won $1 million in the 2022 mychoice Millionaire Slot Tournament at M Resort Spa Casino. She was visiting Las Vegas from St. Louis. 280 players participated in this year's tournament. $10,000 in Free SlotPlay and Comps were also awarded to lucky attendees.
Pennsylvania gaming revenue in April 2022 was $187.6 million. The Hollywood Casino at Penn National Race Course in Dauphin County had the most revenue with $65.5 million, followed by Valley Forge Casino Resort, Upper Merion with about $57.4 million and Hollywood casino in Morgantown with almost $5.1 million in revenue. Parx Casino, Bethlehem had revenue of $ 57. 1 million for the month, down 9.34% from a year ago. Mount Airy Casino resort in Mt. Pocono had $20.0 million revenue for April, which was down 15.35% on last year.
Wind Creek casino in Bethlehem is fined $20,000 for letting a person on the self-exclusion list gamble at the table games over a four-day period. Hollywood Casino at Penn National Race Course in Dauphin County was fined for a self exclusion violation. The self exclusivity program was begun in 2006. It allows people to be banned from casinos and offsite venues like off-track betting, from online gaming and video gaming terminals.
Pennsylvania's gambling revenue increased 14.5% from $404.1m in April last year. Sports betting revenue rose 28.0% to $33.7m, while the state's handle increased 19. 5% to $572.8m. Valley Forge, partnered with FanDuel, retained top spot in the sports betting market with $22. 8m off of a $228.2m handle. Online slots revenue for the month was $76. 7m and online table games revenue jumped 20.9% and internet poker revenue 22.
The Pennsylvania Gaming Control Board has released gaming revenue figures for April of 2022. All forms of gaming generated $461,624,617 in revenue last month. Hollywood Casino at Penn National in Dauphin County had the most revenue with $65 million.
Plainridge Park Casino's gross gaming revenue is up from $12.9 million in April of 2021. The other two casinos, Encore Boston Harbor in Everett and MGM Springfield, took in less in March. Massachusetts' three casinos took $99 million of gross revenue in the last year. The commonwealth has collected $1.146 billion in total taxes and assessments from Plainridge, MGM and EnCore since the respective openings of each.
The Greektown Casino-Hotel in Detroit will be renamed Hollywood Casino in the near future.
The Latest research study released by HTF MI “Global Resorts Casino Market” with 100+ pages of analysis on business Strategy taken up by key and emerging industry players. Las Vegas Sands, Metro-Goldwyn-Mayer, Caesars Entertainment, Galaxy Entertainment Group, Wynn Resort, SJM Holdings, Melco Crown Entertainment and Genting Malaysia are some of the Major Companies covered in the report. The report supplies the worldwide monetary challenge with the help of Porter’s Five Forces Analysis and SWOT Analysis.
Hollywood Casino at Greektown will be called Greek Town starting on May 1. The name of the casino will remain the same. DTE Energy took over the naming rights of GreekTown in 2001. The original name was reinstated this past January.
Greektown Casino-Hotel has a new name ahead of the unveiling of its newly renovated spaces. The biggest changes in the Michigan casino property in almost three years involve not only gambling at the casino but many of amenities as well.
Detroit's Greektown Casino-Hotel will be renamed Hollywood Casino.
The name of the Greektown Casino-Hotel will be changed to Hollywood Casino at Greek Town starting on Sunday, May 1. The name change is part of a $30 million renovation of both the hotel and the casino.
Penn's stock price has declined from $46.97 on January 9th to $36.55 today. The decline is due to general jitters, inflation, Fed nerves, the Ukraine war, gas prices and the perception that pandemic stimulus checks inflated gaming at most of the nation's regional casinos. Stimulus checks going to the older demographics did not boost revenue for casinos in general. The market is bearish on consumer discretionary stocks. However, where Penn is concerned, much of dip has come out of profit taking. In 2021, Penn's share price reached $115. It's possible that the stock will reach $100 in early 2021.
Hollywood Casino-Hotel in Detroit will be renamed Hollywood Casino at Greektown on May 1. The name change is custom to regulatory approvals. Other updates include new guestrooms, dining options, and tech features. Hollywood casino will host special events on 19 and 21 May to celebrate the rebranding. The festivities will feature entertainment, refreshments, free slot play for all members of mychoice, big giveaways, including luxury cruises, trips to Las Vegas, a Mercedes-Benz lease, etc. and improvements to the casino’s self-park and VIP garages.
Gaming revenues in Pennsylvania reached a record high in March. The previous high revenue month occurred in November 2021 at $432,490,129.
March was a great month for the Pennsylvania gaming industry. $462.7 million was generated by all forms of gaming, including $118.1 million from online casinos. Another $30.4 million in sports betting revenue was also recorded.
The gaming industry in Pennsylvania has seen a record-breaking revenue last month.
Pennsylvania has broken the monthly online casino revenue record for March. The state reported nearly $148 million in win for the month.
The first round of the NBA playoffs starts on Saturday. There was a six-figure jackpot win on the Las Vegas Strip, a contest featuring the chance to win a Tesla at BitStarz and new offerings coming to an Atlantic City casino resort.
International Game Technology is a company that has its origins in the retail slots and lottery technology sectors. It is also a force in iGaming and online sports betting technology. On April 11, IGT announced it was acquiring London-headquartered igaming content provider iSoftBet for €160 million in cash.
The gambling market can be a lucrative business if you place your bets right. For most of the last decade, the best investments were in Macao's casinos. Online gambling is here to stay and Macau casinos are yet to make a comeback. Las Vegas is hotter than ever.
Evolution introduced sports betting and online casino play in Ontario this week. European giant Evolution has brought a lot of new games to the market.
February's gaming revenue in Pennsylvania was $375.7 million. It's the third consecutive month gaming revenues have declined. The Pennsylvania Gaming Control Board regulates slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals.
State Rep. Dan Frankel and Sen. Jay Costa want to change the law to ban casino smoking. The 2008 law bans smoking in restaurants and other public spaces, but it allows casinos to allow smoking on up to 50% of the gaming floor. Parx Casino, the state's largest, requires smokers to go outside to light up. Mount Airy Casino Resort has also initiated its own ban. The state revenue figures suggest that the ban does not harm the casinos. It is a health issue for non-smokers. They prefer to be in venues where they don't have to deal with cigarettes nearby.
Plainville casino's revenues rebound in February. January was the worst month since the slots casino reopened last spring. February's numbers beat January's results. All three Massachusetts casinos' revenues were up in the month of February, up from $82 million in January to $86 million. The company that operates Plainridge does not comment on its monthly revenue reports. It's been five years since Plainville has been open as a slots parlor.
Play’n GO is the latest iGaming studio to be given the green light to start operating in Ontario. Play‘n Go is one of the most prolific developers of i gaming titles.
Bally's Corporation will buy the non-land assets of the Tropicana and turn it into a Ballys. The Tropics is currently run by Penn National Gaming, Inc. Report sold the property to Gaming and Leisure Properties, which licensed back the operating rights to the casino to Penn.
RSI's BetRivers has been granted an iGaming licence for its online casino and sportsbook brand in Ontario. The province is set to launch online gambling on 4 April. RSI has had a presence in Canada since October 2021. Rivalry Corporation, PointsBet, theScore Bet, 888 Holdings and Bragg Gaming Group have been given gambling supplier licences in the province. In addition, Rsi operates a real-money casino in US and Colombia.