Connect with us
SOFTSWISS

Gambling in the USA

Comparing New Jersey Casino Revenues with those in the UK

Published

on

Reading Time: 3 minutes

 

Since 2018 there have been some tremendous changes in the US gambling industry. It’s been dramatic in the UK too, though mainly due to the Covid-19 pandemic. How do New Jersey casino revenues compare with those in the UK?

It was four years ago that a US Supreme Court Judge made a ruling that had been wanted for years. New Jersey had campaigned long and hard to change the rules in the US. They wanted states to be able to decide themselves whether to legalize gambling. Before the court ruling that supported this, it had been the Federal Government who made that decision.

Since that ruling, many states have chosen to legalize gambling. This has helped the casinos, especially those who have extended their business into offering customers sportsbooks as well as the usual fare of roulette, blackjack, and other casino games.

If you are wanting to play games such as poker or baccarat, it’s advisable to do some research and discover more about these new UK casinos.

The pandemic came along just as casinos were expanding their businesses by branching out into the world of sports betting. Land-based casinos had to temporarily close, but their online ventures came to the rescue. An increasing number of customers went online to place their bets so that gave great help to their balance sheets.

2022 has already seen many US states recording record gambling figures. New Jersey has also seen growth compared to January 2021. The New Jersey Division of Gaming Enforcement have reported that total gaming revenue for the nine casino hotel properties in the state was $183.6 million in January. That’s 14.8% higher than recorded 12 months ago. Of that $183.6 million, slot machines contributed around $129 million.

One of the biggest changes in recent years has been online betting. The total gaming revenue for online casinos was $137.8 million in January. That’s a big 32.8% rise since January 2021 when revenue only just got through the $100 million mark.

The figures build on a highly successful 2021 for the New Jersey casino gambling market. A figure of $4.7 billion was recorded, that was 64.4% higher than in 2020. Compared to 2019 when there wasn’t a pandemic affecting the gambling industry, the 2021 figures were 36.6% higher last year.

The UK has also of course had its gambling industry affected by the pandemic. Land-based casinos have found themselves having to close their doors on more than one occasion. It seemed that as one Covid wave ended and casinos could again open, it wasn’t long before they again had to close and lose revenue.

Just as in the US, the online gambling industry became considerably more important. Casinos that had online sites saw their business increasing. Unable to go to their local land-based casino, customers went online to gamble. Live casinos that were being offered online became more popular.

UK gambling revenue did fall however due to the lockdowns. Their industry is in a very different position than that seen in New Jersey and the rest of the US. There are casinos in all major cities and towns in the UK, but they aren’t on the scale of those seen in Atlantic City for example.

Whereas in the US there are new customers being attracted to the gambling industry, that isn’t quite the case in the UK. Gambling has been legal there for many decades. The trend is now for online casinos to be more popular than the land-based ones. They reported increases in revenue last year and approaching £1 billion for the year.

Can the success of online casinos continue though? The pandemic may not be affecting the industry so much now, but the UK government and Gambling Commission might. The government is eager to pass new legislation that will protect gamblers against developing gambling problems.

The Gambling Commission aren’t afraid to fine casinos that don’t do so. That’s what happened recently to two online casinos. Rank Digital Gaming (Alderney) Limited who trade as bellacasino.com and grosvenorcasino.com were given a £700,557 regulatory settlement for what is termed ‘social responsibility failures.’

Annexio (Jersey) Limited were fined £612,000 for social responsibility and money laundering failures. The monies received by the Commission are given to the National Strategy to Reduce Gambling Harms.

More actions are being taken against the gambling industry in the UK. Only this week, 888 were fined over £9 million by the Commission. Gambling remains popular in the UK, but many are concerned about the amount of gambling advertising on television and the radio and failure by casinos and other branches of the gambling industry to look after their customers.

With details of possible changes being published soon, the UK gambling industry may have many problems, while the New Jersey casino industry continues to flourish.

Gambling in the USA

Innovative Technology Americas welcomes Jeff Tash, Business Development Manager

Published

on

Reading Time: 2 minutes

 

Innovative Technology Americas, Inc. welcomes Jeff Tash, Business Development Manager for North America. Jeff will focus on the amusement and vending industries, identifying and generating new sales opportunities. Innovative Technology specializes in note handling equipment and age and identity verification technology.

Welcoming Jeff to the US team, Lauren Fabbri, Business Development Manager for the gaming side of the business, said, “Jeff joined us back in March and hit the ground running spending his first day in the Innovative booth at the Amusement Expo show in Las Vegas!  Jeff has settled into life at Innovative Technology and is already connecting with our amusement and vending customers across America and Canada.”

Commenting on his role, Tash said, “I am really enjoying working for Innovative! The overwhelming support and enthusiasm from both the team and our customers on my first day at Amusement Expo validated my choice to join ITL. I’m up to speed with all our products and really enthusiastic to share them with the many contacts I have in the industry.”

Fabbri continued, “Jeff has 15+ years in the amusement industry, primarily with OEMs in a sales and business development role, so has an extensive book of contacts including manufacturers, distributors, route operators and parts providers. He will be responsible for monitoring industry trends, identifying growth opportunities and emerging markets, conducting product demonstrations and facilitating strong client relationships.  Jeff has phenomenal relationships and has already demonstrated his ability to motivate decision makers when representing us at trade shows, meetings and events.”

Concluding Tash said, “I am eager to provide reliable and innovative product solutions to the amusement industry and customers, and continue to ensure note handling remains at the forefront of the amusement and vending industries. I am excited to collaborate with Lauren and the rest of the North American team in the growth of the GAV (Gaming, Amusement, Vending) markets. Innovative is an organization with a strong sense of purpose and a passion to support its employees, and I am privileged to be a part of this.”

 

Continue Reading

Gambling in the USA

AGA Announces Gaming Hall of Fame Class of 2024

Published

on

Reading Time: 4 minutes

 

Allen, Feldman, Nutton to be Inducted

Today, the American Gaming Association (AGA) announced the Gaming Hall of Fame Class of 2024, honoring three leaders who have made significant contributions to the industry:

  • Jim Allen, Chairman, Hard Rock International; Chief Executive Officer, Seminole Gaming; Former Chairman, American Gaming Association
  • Alan Feldman, Director of Strategic Initiatives and Distinguished Fellow in Responsible Gaming, UNLV International Gaming Institute; Former Executive, MGM Resorts International
  • Debi Nutton, Board Member, Everi Holdings; Executive Coach-Consultant; Former Casino Operations Executive, MGM Resorts, Wynn Resorts

“From helping transform tribal gaming and pioneering responsible gaming research to blazing new paths in casino operations, Jim, Alan and Debi have been integral to shaping the modern gaming industry,” said AGA President and CEO Bill Miller.

Since 1989, the Gaming Hall of Fame has recognized gaming icons and leaders for their enduring influence on the industry. The Class of 2024 will receive recognition at an invitation-only induction ceremony held during G2E 2024 in Las Vegas this October.

“The Gaming Hall of Fame honors leaders that have had a distinct impact on our industry’s success,” added AGA Chairman of the Board and Everi Executive Chairman Mike Rumbolz (Gaming Hall of Fame Class of 2022). “This year’s inductees have met and exceeded this threshold throughout their careers and continue to do so in their current work. We look forward to celebrating their achievements at G2E 2024.”

Hall of Fame honorees are selected by an independent panel of gaming executives. This year’s selection committee members include:

  • Maureen Adams, EVP, Gaming, Churchill Downs Inc.
  • Jay Dorris, President and CEO, Wind Creek Hospitality
  • Siobhan Lane, EVP and CEO, Gaming, Light & Wonder
  • Alex Dixon, CEO, DRA and Co-Founder and Co-Chair, African Americans in Gaming
  • Mark Lipparelli, Chairman, International Center for Responsible Gaming
  • Kirsten Clark, Executive Director, International Association of Gaming Advisors
  • Lauren Bates, Chair, Global Gaming Women
  • Dr. Brett Abarbanel, Executive Director, UNLV International Gaming Institute
  • Mike Rumbolz, Executive Chairman, Everi and Chairman of the Board, AGA

Jim Allen, Chairman, Hard Rock International; Chief Executive Officer, Seminole Gaming; Former Chairman, American Gaming Association

A gaming and hospitality industry veteran with more than 44 years of experience, Allen currently serves as Chief Executive Officer of Seminole Gaming and Chairman of Hard Rock International and Hard Rock Digital. He also recently served as Chairman of the Board of Directors of the AGA. Since 2001, Allen has overseen all gaming, hospitality and entertainment operations for the Seminole Tribe of Florida, including leading the tribe’s 2007 acquisition of Hard Rock International, the first acquisition of a major international company by a North American Indian tribe. Under his leadership, Seminole Gaming and Hard Rock International have grown their global business footprint and their leadership in U.S. casino gaming, winning numerous awards for excellence in operations, hospitality and employment. Allen has also led the expansion of the company’s entertainment offerings to sports and sports betting, including the 2020 launch of Hard Rock Digital—an online and retail sportsbook and internet gaming platform—and partnerships with Formula One Racing in both Miami and Las Vegas, Red Bull Racing, Lionel Messi, and Hard Rock Stadium which hosts the NFL’s Miami Dolphins. Allen also lectures at many professional conferences, governmental programs and college campuses and makes frequent appearances on CNN, CNBC, Bloomberg, Fox Business and other financial news networks.

Alan Feldman, Director of Strategic Initiatives and Distinguished Fellow in Responsible Gaming, UNLV International Gaming Institute; Former Executive, MGM Resorts International

Alan Feldman currently serves as Director of Strategic Initiatives and Distinguished Fellow in Responsible Gaming at UNLV’s International Gaming Institute, where he is at the forefront of developing programs and policies that enhance industry knowledge and regulatory practices around responsible gaming. During his 30-year tenure at MGM Resorts, Feldman was instrumental in launching GameSense, a pioneering initiative that now promotes healthy gambling behaviors across all MGM U.S. properties. Feldman is also a globally sought-after speaker on responsible gaming and holds key advisory roles in the industry, including serving as Chair Emeritus of the International Center for Responsible Gaming, where he formerly served as Chair of the Board. Feldman’s significant contributions have been recognized with awards such as the Gaming Professional of the Year by the Casino Management Association in 2002 and a Lifetime Achievement Award in Gaming Communications from the American Gaming Association in 2009.

Debi Nutton, Board Member, Everi Holdings; Executive Coach-Consultant; Former Casino Operations Executive, MGM Resorts, Wynn Resorts

Nutton currently serves as a Board Member at Everi Holdings while also helming her business as a gaming consultant and executive coach. Her career in the gaming industry began in 1980 as one of the few female dice dealers on the Las Vegas Strip. She notably contributed to the opening team of The Mirage in 1989, where she distinguished herself as the sole female dice pit manager at the time. Over her 24-year tenure with MGM and Mirage, Debi rose to Senior Vice President of Casino Operations and Marketing for MGM and Bellagio before assuming the role of Executive Vice President of Casino Operations at Wynn Resorts in 2013. Today, she is shaping the next generation of gaming as an executive coach-consultant, advising the industry on leadership practices and casino operations. A founding board member of Global Gaming Women, Debi has received numerous accolades, including the 2018 Great Women of Gaming Lifetime Achievement Award, the 2009 Casino Enterprise Management Great Women of Gaming Proven Leader Award, and being named a “Woman of Distinction” by the National Association of Women Business Owners in 2007.

 

Continue Reading

Gambling in the USA

Three Rivers Casino Resort Pays Out Over $1.1 Million in Jackpots on AGS’ Bonus Spin™ Xtreme Progressive

Published

on

Reading Time: < 1 minute

 

A lucky table games player recently made history at Three Rivers Casino Resort by hitting the casino’s first ever Triple Diamond jackpot on AGS’ Bonus Spin™ Xtreme progressive side bet.

The player placed a $5 side bet while playing a Bonus Spin Xtreme linked blackjack game and landed on the hot seat trigger, winning the top progressive prize of $79,759.

Director of Gaming Operations for Three Rivers Casino Resort, Rick Ray expressed his excitement about the success of Bonus Spin Xtremesince first going live in September 2023.

“The addition of Bonus Spin Xtreme to our table games has been a real game-changer for our casino and guests. Incorporating slot-style video wheels into our classic table games creates an exciting and engaging experience for all our players,” said Ray.

Three Rivers Casino currently has 12 linked Bonus Spin Xtreme tables that share a single progressive jackpot and has paid out over $1.1 million in jackpots since first launching.

 

Continue Reading
Advertisement
Alpha Affiliates
Advertisement

EveryMatrix

Advertisement

Launch your iGaming business swiftly and effortlessly with our comprehensive turnkey solutions

Advertisement
Stake.com
Advertisement
xbit4.com

Trending (Top 7)

Get it on Google Play

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

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