In The News: Center for Gaming Research
Las Vegas Strip casinos generated a record $17.76 billion in total revenue last year, but the nearly 100,000 workers on the state’s main casino corridor took in an all-time low share of the revenue, according to the UNLV Center for Gaming Research.
The NFL could be looking at a $2.3 billion annual payout thanks to legalized sports betting, if all goes according to plan.
Gaming floors in Las Vegas Strip casinos had another rough July.
Recently, the American Gaming Association released its yearly report, State of the States 2018.
Atlantic City is still the nation’s second-largest commercial casino market, but gaming expansion in nearby states will continue to test the city’s durability, based on findings in a recent survey on the state of the industry.
Operators continue to try to paint the overall casino and accompanying MICE (meetings, incentives, conventions, and exhibitions) industries in a positive light, but Wall Street investors went on a selling spree last week, after numerous companies missed Q2 earnings forecasts.
Atlantic City's gaming industry is riding a hot streak this month with the arrival of legalized sports betting and the impending opening of two casinos.
The historic meeting between President Donald Trump and North Korean leader Kim Jong-un could lead to investment opportunities in the rogue nation in the years to come.
Legal gambling put this city on the international map, helping it become larger-than-life – with a mix of kitsch – and a prime example of American excess.
Back when I worked security in an Atlantic City casino, patrons would often ask me, “Which slot machine is the one that’s going to hit?” My usual response was, “If I knew that, I wouldn’t be working here anymore,” followed by a knowing chuckle. Never failed to get at least a smile in return.
In December 2017, Adam Liptak, the Supreme Court reporter for The Times, was sitting next to an animated Gov. Chris Christie as he listened to arguments for what could become one of Mr. Christie’s greatest legacy successes — a rare beacon of light in a scandal-ridden administration, and a case that could change the interpretation of the United States Constitution’s anti-commandeering doctrine for decades to come.
Pennsylvania stands to win from the recent U.S. Supreme Court decision opening the way for legal sports betting across the country.