Connect with us

Gambling in the USA

US Casinos report a hike of 3.7 percent in GGR, in 2017

Niji Ng

Published

on

Reading Time: 1 minute

As per the evaluations of the market analyst Ken Adams, the US commercial casinos reported a hike of 3.7 per cent in GGR after reaching a sum of US$41.2 billion last year. According to the Adams Revenue Report 2017, the increase was mainly on account of the casino expansions across the country.

As per Adam, the paramount reason for the revenue to be leaping consecutively, was the popping up of new gaming venues in New York, Maryland, Kansas, Illinois, and South Dakota last year. In addition, the report also says that the country’s economic growth had a preponderant impact in the amount of money gamblers spent at the casino, as they had more cash to spend.

Adams explained, adding that: “The jobless rate sank and consumer confidence surged, it was the preverbal ‘perfect storm’ and the answer to a gambler’s prayers.”

UNLV’s Center for Gaming Research said casinos posted a US$40 million GGR in 2016, meaning that, if Adams’ report is accurate, 2017 set a new revenue record for casinos. Later this month the university will release its final assessment for the year and the industry will know how it performed for 2017.

Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing.
Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

Continue Reading
Advertisement
Comments

Gambling in the USA

Resorts World Catskills opened to the public – an array of innovative table games waiting to be explored

Niji Ng

Published

on

By

Reading Time: 2 minutes

Resorts World Catskills, Catskills highly anticipated Las Vegan-style casino resort, which offers unmatched experience in excitement, entertainment, and luxury has come up with a massive array of live table games, on the blissful occasion of its opening to the public on February 8th.These games were introduced intending the players in Las Vegas. The live gaming expanse makes playing at the brand-new luxury resort casino property a world-class experience.

Upon completion, Resorts World Catskills will feature more than 150 live table gaming options, including blackjack, craps, baccarat, roulette and Pai Gow Tiles, bringing energy, excitement and high stakes to its casino floor.

Taking full advantage of the approximately 100,000 square feet of Las Vegas-style gaming, the casino resort also offers areas for both domestic and Asian slot machines. A poker room and luxurious private gaming salons are expected to open in March and will enable Resorts World Catskills to offer the very best in resort gaming.

Jack Kennedy, the Executive Director of Table Games for Resorts World Catskills, said: “With more than 150 table games, we are thrilled to offer our guests the region’s most extensive luxury gaming experiences. Providing innovative live table games and high limit opportunities that are unique to the region, coupled with our impeccable level of service and amenities to players of various cultural backgrounds and skills, allows us to offer an unmatched gaming experience for our guests.”

Kennedy joins an executive team with a wealth of experience leading casinos throughout the country. A 20-year veteran of gaming operations, Kennedy provides unique insight into table game operations that enhance the guest experience. Kennedy began his career in Las Vegas as a valet and quickly moved up through the ranks to become a table games Shift Manager at The Venetian/The Palazzo in 1998. He was Table Games Director at Sands Bethlehem in 2010, where he stayed until joining Resorts World Catskills.

Kevin Kline, the Chief Operating Officer and General Manager at Resorts World Catskills added: “With his extensive background at some of the top casinos around the country, Jack brings invaluable knowledge and insight to the team. Jack is an integral part of our team, and we are confident that his knowledge and skills will help make Resorts World Catskills the ultimate gaming destination.”

The luxury gaming options offered at Resorts World Catskills appeal to the most discerning, competitive and upscale of casino guests looking for the ultimate in thrill and adventure at the tables. The high limit room is available for VIP players who wish to stay off the main casino floor and includes an array of table games and slot machines. The exclusive third floor VIP lounge, scheduled to open in March, is designed for top-tier players, and will offer a private restaurant and gaming area to include six luxurious gaming salons with private decks adjacent to the lush pool area with elegant palace suites and villas.

Continue Reading

Gambling in the USA

Wynn Resorts to move up a gear – with regard to its extension in US and Macau

Niji Ng

Published

on

By

Reading Time: 1 minute

Irrespective of the controversies that lead to the stepping down of Steve Wynn, Wynn Resorts is trying to move up a gear. As Wynn Resorts executives who gave a nod on Steve Wynn’s resignation and set the conditions for his departure confirmed that it is persisting on developing its plans in the United States and Macau.

Post the scandal comprising sexual allegations against the Founder and Chief Executive Officer of Wynn Resorts, the casino operators are now determined to expand the company’s services globally. In view of this, the newly-appointed Chief Executive, Matt Maddox stated this week:  “The idea is that our future projects are going to continue to be leading in innovation and creativity. We are continuing to move forward as fast as we can.”

Wynn Resort’s officials revealed yesterday that they have arrived at an agreement with former CEO and founder of the company regarding this as he faces legal allegations against him. Steve Wynn’s resignation will be completed by June when he will leave his residence adhering to the demands of the agreement. Furthermore, he will not receive any severance, nor financial compensation.

Maddox’s announcement also revealed that the company is planning to create an “innovation advisory team” to present unique development ideas for its future gaming salons in Asia and the US. Wynn Resorts is aiming to obtain a gaming license to install an integrated resort in the recently approved Japanese market.

Continue Reading

Gambling in the USA

End Obama-era overreach of the Wire Act gambling policy

Zoltan Tundik

Published

on

Photo Credits: Billboard.com
Reading Time: 1 minute

ANALYSIS/OPINION: In 1961, Congress passed and the president signed a law called the Wire Act. The purpose of the Wire Act, which was proposed by then-Attorney General Robert Kennedy, was simple: to prevent the use of telephones and telegraphs in the use of gambling. Gambling included all forms of gambling, from sports betting to lotteries to… (more…)

Continue Reading
Advertisement
BetConstruct SpringBME

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Top read articles

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.