US spend on gambling grows to $147B in 2021, led by land-based casinos

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iGaming Business

Waterhouse VC: Sweepstakes mania

Sweepstakes casinos operate without real-money bets. Instead, they utilise a "freemium" approach. The model usually involves virtual tokens obtained at no cost or through indirect purchase, which then serve as play money for accessing in-game features. Virtual currency can be exchanged for cash or prizes following gameplay. The largest sweepstakes…

Bonuses ・ 12 days

iGaming Business

Pennsylvania records 5% increase in online gambling for 2023

The update report was entitled "Pennsylvania Interactive Gaming Assessment: Online Gambling Report 2023". It summarised three years of data from over 1800 adults from across the state. It sought to better understand the impacts of online gambling on the state's populace since it was legalised in 2017. The survey was developed by Penn State's…

Industry ・ 18 days

pointspreads.com

Maryland Online Casinos: A Game-Changing Move?

Maryland's House of Delegates has recently thrown its chips into the online gaming arena by green-lighting HB1319, a bill aimed at legalizing online casinos within the state. The measure, which passed with a vote count of 92 in favor and 43 against, has stirred up quite the buzz in the betting news, especially with concerns over potential job…

Industry ・ 19 March 2024

Gambling

Michigan Online Casinos Boost Land-Based Casinos' Revenues

The longstanding perception that online casinos are undermining brick-and-mortar casinos is thrown into doubt after Eilers & Krejcik Gaming (EKG), a research and analytics company, published its comprehensive report titled Comparing Online and Land-based Casino Gaming. The study assessed the impact of casino sites on land-based operators'…

Land-based ・ 21 February 2024

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

Yogonet

New research challenges casino cannibalization concerns, advocates for online casinos as catalyst for growth

New research by Eilers & Krejcik Gaming, commissioned by iDEA Growth, challenges concerns about casino cannibalization, asserting that the legalization of online casinos may, in fact, benefit existing brick-and-mortar establishments in a state. The study reveals that land-based casino revenue experiences an average quarterly increase of 2.44% after…

Law ・ 20 February 2024

Gambling

Anaxi’sBuffalo Is The Most Popular Slot in Michigan

Michigan online casinos are achieving record-breaking revenues, rivaling other U.S. States. One title contributing to the 1.56 billion revenue for November is Buffalo from developer Anaxi, a subsidiary of Aristocrat. According to the data published by California-based research and consulting firm Eilers & Krejcik Gaming, the most-played online…

Industry ・ 30 November 2023

The Buffalo News

Online casinos lucrative but slow to catch on across US

ATLANTIC CITY, N.J. - In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the COVID-19…

Finance ・ 01 December 2023

WTAE

Internet casinos thrive in Pennsylvania, West Virginia, New Jersey

In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the COVID-19 pandemic.So why hasn't it…

Finance ・ 28 November 2023

WOWK TV 13 News

Internet casinos thrive in West Virginia. So why hasn't it caught on more widely in the US?

ATLANTIC CITY, N.J. (AP) - In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the COVID-19…

Finance ・ 28 November 2023

The Northwest Arkansas Democrat Gazette

U.S. slow to adopt online casinos

ATLANTIC CITY, N.J. -- In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the covid-19…

Finance ・ 25 November 2023

english.elpais.com

Internet casinos thrive in six states. So why hasn’t it caught on more widely in the US?

In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the Covid-19 pandemic. So why hasn't it…

Finance ・ 25 November 2023

The San Diego Union-Tribune

Internet casinos thrive in 6 states. So why hasn't it caught on more widely in the US?

In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the COVID-19 pandemic. So why hasn't it…

Finance ・ 30 November 2023

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US Bets

Longtime Casinos Find Less Is More With Slot Machine Counts

Mohegan Pennsylvania, the first of the Keystone State's 17 casinos, has a request pending with the Pennsylvania Gaming Control Board: Please let us reduce our number of slot machines. In a submission filed in May and likely to be approved in coming months, the mid-sized casino near Wilkes-Barre states that shedding 120 machines to a count of 1550…

Finance ・ 31 August 2023

Yogonet

Massachusetts gambling revenue totals $160M in April, up almost 5% from March

Massachusetts' casinos and sports betting operators combined to generate just over $160 million in gross gaming revenue (GGR) during the month of April, according to the latest monthly report from the Massachusetts Gaming Commission. Revenue was up by almost 5% on a monthly basis when compared to $152.6 million during March. Of the $160 million in…

Finance ・ 21 May 2023

Yogonet

Boyd's CEO eyeing national online expansion; says Nevada iGaming legalization could take up to a decade

Boyd Gaming's Q1 earnings conference call in April, the company's CEO, Keith Smith, predicted it could take up to eight more years for Nevada to legalize online casino gaming. However, he made it clear that he believes the activity will expand beyond the six states that currently offer real-money internet versions of slot machines and table games…

Industry ・ 06 May 2022

iGaming Business

Italian online casino revenue hits new high in December 2021

Total GGR hit €312.0m, up from €304.2m in November. However, this total was 13.0% down from December 2020, when revenue rocketed to €359m, a total that has still not been bested. Online casino was the main driver of the month-over-month growth, with revenue up to €165.5m, the highest monthly total of the year. No single operator dominated the…

Finance ・ 25 January 2022

Online Poker Report

Experts Predict Slow Climb For Online Casino Revenue Through 2026

Online casino gross gaming revenue (GGR) won't even double during the next five years, while retail and online sports betting GGR will more than triple, predicts research firm Eilers & Krejcik Gaming (EKG). This is EKG's finding even as Connecticut's soft launch this week makes it five states with full private sector iGaming. The limited markets…

Finance ・ 14 October 2021

Yogonet

Online betting is the largest sector of the UK gambling industry with 52% of bets, report shows

eanBackPlayer on the health status of the gambling industry, giving an insight into current trends and what the future may hold. The company collected the whole spectrum of the critical data to provide a complete picture of the current situation in the industry. According to LeanBackPlayer's report issued on July 20, data provided by the UK…

Industry ・ 05 August 2021