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Maryland casino revenues increase

Niji Narayan

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Maryland casino revenues increase
Photo Source: WTOP.com
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Maryland’s gaming sector has posted a record month in November in terms of revenue generation. The six casinos in the state has recorded a gaming revenue of $158 million, 7.3 per cent higher than the amount in the same period last year. The revenues have fallen to $140.1 million in November.

The casino-wise details of revenue break-up are listed below:

MGM National Harbour, which opened in December 2016, accounted for 41 per cent of all gaming revenue last month, at $57.3 million, up 13.2 per cent from a year ago.

Live! Casino & Hotel at Arundel Mills had $48.7 million in November gaming revenue, up 12 per cent from November 2017.

Baltimore’s Horse Shoe Casino stumbled in November, with $19.5 million in gaming revenue, down more than 14 per cent from a year ago.

Gaming revenue was mixed for the state’s three smaller casinos.

Hollywood Casino Perryville had $5.4 million in November gaming revenue, down 5.9 per cent from a year ago. Rocky Gap Casino Resort had $4 million in gaming revenue, down 2.7 per cent. But Ocean Downs Casino’s $5.2 million in November gaming revenue was up 34.3 per cent from a year earlier.

Niji Narayan 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. He reports gaming industry headlines from all around the globe.

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Gambling in the USA

Encore Boston Harbor Opens its Doors

Niji Narayan

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Encore Boston Harbor Opens its Doors
Photo Source: blocktoro.com
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Encore Boston Harbor has officially opened its doors to the general public. Totalling $2.6 billion in single phase development, Encore Boston Harbor is the country’s most expensive resort development of 2019. The resort is designed by Wynn veteran, Roger Thomas, Executive Vice President of Wynn Design.

The resort features a 210,000-square-foot casino; 15 dining and lounge venues; 671 guest rooms and suites; 50,000 square feet of indoor and outdoor event space; an ultra-premium spa; and a four-season, six-acre Harborwalk.

“I want to thank each of you for joining us on this beautiful day, including our first resort guests. To the members of Everett United, thank you, you have been with us all the way from the beginning and I couldn’t be more pleased that you are here with us today,” Bob DeSalvio, President of Encore Boston Harbor said.

“Eight years ago the people of Massachusetts and lawmakers had the foresight to understand that with the passing of the gaming legislation, there could be the opportunity for economic development and the finest integrated resort in the region. I am here to tell you Encore Boston Harbor has achieved those goals,” Matt Maddox, CEO of Wynn Resorts said.

“For the residents of Everett, Everett United and the 86% of residents who took the time on a Saturday to vote yes to a resort in our city, this truly is an amazing day. Encore Boston Harbor is now a front door to the City of Everett. Thank you to all of the hard-working union members who participated in the construction of this project,” Everett Mayor Carlo DeMaria said.

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Gambling in the USA

GAN Welcomes the Legalization of Sports Betting in Maine

George Miller

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GAN Welcomes the Legalization of Sports Betting in Maine
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GAN plc, welcomes the signing and legalization of internet sports betting in Maine, and is the 15th State to legalize sports wagering in the US and the seventh to do so this year. Upon launch, 21% of the total US population will be able to place sports wagers online.

The sports betting bill received approval in both the House and Senate on Friday, June 21 and will go to the Governor who is expected to sign it within the next two weeks. With one of the lowest initial licence fees, the state could possibly begin issuing licenses in late September.

About GAN Plc :
GAN is a leading business-to-business (“B2B”) supplier of internet gambling software-as-a-service solutions (“SaaS”) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming. The Company has also launched digital user acquisition & retention marketing in support of the Internet Casino provided by GAN’s Digital Marketing Agency in Tel Aviv, Israel.

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Gambling in the USA

AGS Names Anthony Abrahamson Senior Vice President, AGS Interactive

George Miller

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AGS Names Anthony Abrahamson Senior Vice President, AGS Interactive
Anthony Abrahamson Senior Vice President, AGS Interactive.
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Proven iGaming Executive Brings Over 15 Years’ Interactive Gaming Experience and Successful Track Record

 

AGS announced the appointment of Anthony Abrahamson as Senior Vice President – Interactive to lead the Company’s online social and real-money B2B and B2C gaming business.

AGS Executive Vice President Matt Reback said, “Anthony is a strategic thinker and proven operator whose experience will help us grow our burgeoning interactive business over the next several years. Anthony has fostered strong relationships with operators, regulators, and suppliers in the real-money gaming space, both in New Jersey and Pennsylvania as well as in Europe, and we’re excited to leverage his experience, successful track record, and business savvy to accelerate opportunities in the real-money gaming and social gaming space.”

Abrahamson joins AGS from Prepaid Network Inc., where he served two years as Senior Vice President and General Manager. In this role, he managed the company’s global business, which delivers innovative payment solutions to its merchants to maximize payment success for their customers, including the Wyrz virtual prepaid Visa® card.

Before that, Abrahamson served as the General Manager, Senior Vice President, and Compliance Officer for Sportech Inc. – DraftDay Gaming, a firm that managed and operated a white-label Daily Fantasy Sports (“DFS”) platform for B2B and B2C operations that was later acquired by NYX Gaming Group. Earlier in his tenure at Sportech, he served as the company’s General Manager iGaming and Senior Vice President.

He also served as the Vice President of Business Operations at Tribeca Tables Software Limited, later acquired by Playtech, where he managed and operated the most successful internationally aggregated multi-license/multi-player online poker software platform.

Previously, Abrahamson held numerous other leadership roles focused on iGaming, iSports, Daily Fantasy Sports, and FinTech, with an emphasis on launching, managing, and operating digital gaming and payment platforms for leading companies; owning sales strategy and customer integration; and delivering hyper-growth, successful and compliant operations; and record revenue. Abrahamson earned a Bachelor of Arts degree and a law degree and is an admitted and practicing attorney of the Supreme Court of South Africa.

Abrahamson said, “It’s an exciting time to join AGS because the Company is truly committed to aggressively grow both their B2B online social white label casino business, and their real-money business and their library of internally developed and third-party games. The AGS executive team is smart, passionate, and experienced; I’m so excited to be a part of the Company’s bright future.”

 

About AGS:
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Our roots are firmly planted in the Class II Native American gaming market, but our customer-centric culture and growth have helped us branch out to become a leading all-inclusive commercial gaming supplier. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, real-money gaming platforms and content, highly rated social casino solutions for operators and players, and best-in-class service, we offer an unmatched value proposition for our casino partners. Learn more at www.playags.com.

 

Source: AGS

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