Gaming Almanac Figures Show Casino Revenues Growing Around US

Gaming Almanac Figures Show Casino Revenues Growing Around US

There have been great deal of the latest casino spaces across the U.S., and overall, profits are accelerating. Today(Image source: Indian Country)

If you’re in america these times, chances are you aren’t too far far from at the very least one casino. It’s no secret that there’s been massive casino expansion all across the united states on the last decade, as more and more states have desired to money in in the potential income streams that brick-and-mortar gambling can bring. And according to the latest reports, that tactic seems to be working for most of them.

The 2013-2014 North American Gaming Almanac was released this bringing more specifics of actual numbers to light week. The report that is annual the country’s video gaming industry includes a state-by-state breakdown associated with revenues each state produces from gambling, including how those figures have changed over time.

Nevada Not Soaring

For most states, based on the report, the news is excellent if you may not know that if you started by evaluating vegas. In Nevada, gambling revenues stood at $9.8 billion in 2000, but after rising for quite a while, they took a hit after the 2008 recession. Which means that in 2011, Nevada was again bringing in you guessed it — $9.8 billion from gambling. New numbers for Nevada do look more promising, though, with all the state recording a 7.4 % upsurge in year-over-year revenues in September, based on Continue reading “Gaming Almanac Figures Show Casino Revenues Growing Around US”

MassGaming to Consider Sole Area C Casino Proposal

MassGaming to Consider Sole Area C Casino Proposal

The Massachusetts Gaming Commission talked about a number of important problems at A thursday conference held at boston’s john b. hynes veterans memorial convention center.

Their state gambling regulator offered the nod to MGM Resorts Global’s request to wait the opening of its $800-million casino resort in Springfield to September 2018. The cause of here is the reconstruction regarding the Interstate 91 viaduct, that is anticipated to be finished by August 2018.

Commissioners haven’t been particularly thinking about the delay due to the fact state would be to lose about ten dollars million in tax revenue for each thirty days the casino does not operate. But, they admitted it wouldn’t be best for the business, if MGM opens its resort at the same time when key I-91 lanes are closed down as this will influence site visitors’ first impressions in a way that is negative.

Another matter that was discussed during the Thursday conference was Brockton as well as its application for a $650-million casino resort in Southeastern Massachusetts, or Region C as it is officially referred to. In reality, the city has remained the sole contender for a casino permit in the area, after New York designer KG Urban dropped its bid for the gambling venue in New Bedford.

The Brockton proposition is backed and funded by Mass Gaming and Entertainment, affiliate of Chicago-based video gaming business Rush Street Gaming. Inside their first f Continue reading “MassGaming to Consider Sole Area C Casino Proposal”